Retail

Retail
Coca-Cola Exploring Cannabis-Based Drinks
September 18, 2018

Coca-Cola is taking a close look at the cannabis drinks market, which uses the non-psychoactive chemical in marijuana to make wellness drinks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Retail
Aviation Rideshare? Digital Marketplaces Take Flight With Blackbird
September 18, 2018

Pilots often have empty seats, and travelers may be happy to fill them instead of driving to their destinations. Air travel marketplace Blackbird is seeking to play matchmaker and bring the sharing economy model to the skies. Get the Full Story Complete the form to...

Retail
Amazon Go Debuts In Chicago
September 18, 2018

Amazon Go has launched another store, this time in the Windy City. 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
Walmart’s International Omnichannel Expansion
September 17, 2018

Far from its headquarters in Bentonville, Arkansas, Walmart is seeking to deliver stronger omnichannel offerings internationally. The retailer recently announced that it was acquiring online marketplace Cornershop Inc., which offers crowdsourced on-demand delivery in Chile and Mexico. Through the service, consumers can order goods from...

Retail
Retailers Face More Job Openings Than New Hires
September 17, 2018

With unemployment at new lows, staffing has become a challenge for retail companies. Retailers had 757,000 job openings in July, which is roughly 100,000 more than they had a year before, The Wall Street Journal reported. Get the Full Story Complete the form to unlock...

Retail
MATCHESFASHION.com’s Technology-Driven Retail Experience
September 17, 2018

There are many things that jump out at the shopper at the new MATCHESFASHION.com location in London’s Mayfair. The space has been described as a “store-come-house-come-school-come-gallery” by reviewers who have raved that the new store could be “a blueprint for the future of fashion.” The location...

Retail
Taking On The Last Mile Of Prepared Food With Local Retail Partners
September 17, 2018

Prepared food vendors are honing in on a sizable portion of U.S. consumers: They are turning their attention to food tribes, or the 35 to 40 percent of the population who have specific dietary preferences. These customers might be on restricted diet, such as Whole30,...

Retail
Henri Bendel Shutting Down After More Than 100 Years In Business
September 17, 2018

Henri Bendel is shutting down after more than 100 years in business. 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
For Retail Promotions, Rewards Beat Out Discounts
September 17, 2018

To create sales lift and purchase intent without the negative brand effects of discounting, Aberdeen Group, which was created for Blackhawk Network’s Hawk Incentives, discovered that promotions based on rewards can be more effective than discount offers. More specifically, companies had year-over-year revenue growth of 36...