When it comes to planning for its future, furniture giant IKEA is trying to figure out how to use artificial intelligence (AI) and virtual reality (VR) to its advantage. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
The smartphone market declined for the first time ever in 2017, with shipments dropping 4 percent year-over-year, according to market research firm Canalys. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Lines to get into the store are a rare sight at any brick-and-mortar retailer these days, let alone a supermarket. That’s exactly what French supermarket chain Intermarche brought upon itself this week, however. The chain slashed prices on popular chocolate hazelnut spread Nutella and suffered...
Walmart will be laying off as many as 1,000 employees at its headquarters this year and in 2019. 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...
One month after Target acquired delivery startup Shipt in an effort to bring same-day delivery to customers nationwide, the retailer plans to roll out same-day delivery in select Florida markets, CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy...
A woman is shopping for jeans. She’s 4’11” and on the heavier side. Finding a pair that fits her waist comfortably without needing to be hemmed six inches is a nearly impossible task even in a store, where she can try on pair after pair...
Playing with one’s food is all part of the Kentucky Fried Chicken (KFC) value proposition. 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,...
While most players in the world of digital retail have felt the sting of the “Amazon Effect,” extreme discount retailers, or “dollar stores,” have remained mostly immune to the onslaught thus far. They’re tallied a customer base nearly 100 million strong and have constructed plans for...
Blue Apron was the worst-performing tech initial public offering (IPO) in 2017, according to Crunchbase’s ranking of tech IPOs. The meal kit company launched at $10 before losing more than half its value and ending out the year at $4.29, representing a decline of a little...
