Retail

Retail
Why Merchants May Need Multiple Processing Relationships
July 18, 2019

FinTech firms are keeping tabs on the optimization curve of eCommerce merchants — and how their payments needs evolve. Merchants might start with an off-the-shelf eCommerce platform and use that company’s payment solution. Alternatively, they might build their own websites and use a payment processor...

Retail
Toys R Us Is Back With Experiential Retail
July 18, 2019

Tru Kids, the parent company of Toys R Us, is partnering with retail-as-a-service startup b8ta to launch a new curated store experience. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Retail
Netflix Q2 Earnings: More Than 100K US Subscribers Lost
July 18, 2019

With an unusual loss in U.S. subscribers, Netflix posted slightly less-than-expected top-line results, but came out ahead of Wall Street’s estimates for earnings. The online entertainment streaming company reported revenues of $4.92 billion and earnings per share of 60 cents compared to expectations of $4.93...

Creating The Open Table Of Childcare Apps
July 18, 2019

Finding good, qualified and reasonably priced daycare in the U.S. is a challenge — particularly in expensive urban areas and remote rural areas. In 31 states and the District of Columbia the average cost of childcare for a year outstrips the cost of tuition at...

Retail
Platforms That Give Travelers’ Luggage Local Sanctuary
July 18, 2019

To help travelers and locals navigate cities without needing to lug around their bags, digital platforms are connecting consumers with businesses for luggage and bag storage. One example is Bounce, which offers luggage storage in local hotels and shops. CEO Cody Candee started the company...

Retail
Restaurant And Delivery Provider Partnerships Prove Fickle
July 18, 2019

The competition among mobile ordering apps for share of stomach is fierce and shows no signs of letting up. According to the latest Mobile Order-Ahead Tracker, the volume of orders placed via mobile apps increased 130 percent between 2016 and 2018, and mobile orders now...

Retail
Dean & DeLuca Closes Stores Due To Increasing Competition
July 18, 2019

Gourmet grocer Dean & DeLuca continues to struggle due to increasing competition. 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 Today. By...

Retail
Curaleaf To Acquire GR Companies To Create World’s Largest Cannabis Co.
July 18, 2019

Cannabis operator Curaleaf Holdings has announced it will acquire GR Companies (“Grassroots”), the largest private vertically integrated multi-state operator, in a cash and stock deal valued at around $875 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
Prime Day 2019 Was Amazon’s All-Time Biggest Shopping Event
July 17, 2019

Amazon said this year’s Prime Day was its biggest shopping day ever, even bigger than any previous Black Friday and Cyber Monday combined. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...