Retail

Retail
Startup AutoX Unveils Self-Driving Grocery Delivery
August 28, 2018

To help consumers order fresh produce to their doors, AutoX is rolling out a pilot for self-driving grocery delivery and a mobile store in California. The new service will be available to consumers in geo-fenced areas of San Jose, company said in an announcement. Get...

Retail
Whole Foods Sees Boost In Foot Traffic As It Takes Shoppers From Rivals
August 28, 2018

Whole Foods has seen an increase in foot traffic at more than 100 U.S. locations in the year since its acquisition by eCommerce giant Amazon for $13.7 billion, stealing customers from rivals like Trader Joe’s, Walgreens and Dollar Tree Stores. Get the Full Story Complete the...

Retail
Advent Plans $486M Investment In Walmart Brazil
August 28, 2018

As part of an agreement with Walmart, Advent International is planning on investing 1.9 billion reais — or $485.66 million — in the retailer’s operations in Brazil. The global equity fund plans to release the money over three installments, Reuters reported. Get the Full Story...

Retail
Retail Chains Find New Ways To Fight
August 27, 2018

It’s a good time to be a retail chain. 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 completing this form,...

Retail
Carvana Vending Machines Get Mixed Reviews
August 27, 2018

For cool concepts, it is hard to do much better than Carvana. Customers who go to Carvana.com or use the mobile app can shop from more than 10,000 vehicles, arrange for financing, make a purchase and schedule delivery at their home or at the car...

Retail
Why Yum! Brands Doubled Down On Delivery With Grubhub
August 27, 2018

The fast food segment has become a highly competitive place of late, with upgrades and discount promotions seemingly pouring in at all times — a reality that has hit Yum! Brands as it labors to keep not one, but three chains up, running and avidly...

Retail
J.Crew Looks To Lower Prices And Offer More Sizes For Turnaround
August 27, 2018

More “entry-level” prices and more plus sizes and other options: that’s reportedly the plan for reversing sales declines at J.Crew, where comparable store sales have dropped for 15 straight quarters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
Papa John’s Hires Financial Advisors To Help Turn Business Around
August 27, 2018

Papa John’s has hired Bank of America and Lazard as financial advisors, as the national chain tries to recover from weak sales and negative publicity surrounding its founder. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
Alibaba’s Lazada Partners With Finaxar To Offer Credit Options To SMEs
August 27, 2018

Alibaba’s Lazada has announced a partnership with Finaxar, which will offer new credit options for SMEs in Southeast Asia. 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...