Retail

Retail
Enabling Digital Commerce At Sporting Venues With Mobile Ticketing
September 11, 2019

With sports teams such as the Carolina Hurricanes moving to distribute tickets nearly exclusively via mobile, fans are now tapping into digital platforms to access sporting events. And almost nine in 10 — or 87 percent — of tickets in the Carolina Hurricane’s playoffs last season were scanned...

Retail
Peloton Aims To Raise Up To $1.16B In IPO
September 11, 2019

In a regulatory filing, Peloton said it aims to raise up to $1.16 billion in its initial public offering (IPO). The company, which is famous for its connected fitness equipment, is looking to price its shares in a range of $26 to $29, CNBC reported....

Retail
Caper Closes $10M Series A Round
September 11, 2019

Caper announced it has secured $10 million in Series A funding, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

Retail
Do Grocery Stores Need Happy Hours?
September 10, 2019

While in many places, the “best” time of day for a trip to the grocery store is a matter for debate, for some shoppers in Finland, the answer is easy. It’s between 9 p.m. and midnight – when grocery “happy hour” begins at S-market’s 900 stores...

Retail
Combining Consumers’ Love Of Comfort And 3D Knitting Into A $700M Brand
September 10, 2019

Women’s footwear is big business, worth $32 billion annually in the U.S. alone, according to market research group NPD — though capturing those sales is tricky business because women’s shoes are a highly trend-influenced item. A decade ago high heels were the last word in...

Retail
Smartphone Charger Kiosks Vie To Make Stadium Lineups
September 10, 2019

With the constant power demands of phone calls, picture taking and apps, consumers may find it challenging to keep their cell phones charged. Like many smartphone owners, Hoplite Power Co-Founder and CEO Jordan Mayerson faced this problem in his own life before he went out...

Retail
Retailers Are Getting Smarter About Artificial Intelligence
September 10, 2019

Artificial intelligence (AI) and machine learning (ML) are starting to play a bigger role in retail, foreshadowing what’s to come in the new decade of the 2020s. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
McDonald’s To Acquire Conversational Tech Company Apprente
September 10, 2019

To grow its presence in the Bay Area and integrate teams with advanced technology skills into its business, McDonald’s Corporation announced an agreement to acquire Apprente. The company said in an announcement that the arrangement is another bold step in advancing employee- as well as...

Retail
Discount Retailer Fred’s To Shutter Stores
September 10, 2019

After closing hundreds of stores that were not profitable, Fred’s is filing for Chapter 11 bankruptcy protection and shuttering all of its locations. Liquidation sales at its retail stores will be held over the next two months, CNBC reported. Get the Full Story Complete the...