Retail

Retail
Amazon Go Has Its Roots In A 1920s Texas Ice Retailer
January 30, 2018

When “Uncle Johnny” Jefferson Green realized that grocery stores weren’t always open when consumers needed household staples, he sensed an opportunity. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Retail
Why TOMS Shoes Is Putting A Toe In Brick-And-Mortar
January 29, 2018

TOMS Shoes Founder Blake Mycoskie did not begin life dreaming of entrepreneurship, shoes or creating a socially conscious company. In fact, when he embarked on his college career almost 20 years ago at Southern Methodist University, Mycoskie had one professional ambition in mind. Get the...

Retail
33 Percent Of Grocery Customers Would Use Digital Coupons If Retailers Offered Them
January 29, 2018

Grocery shopping is clearly no longer confined to the aisles of the local Kroger or even a superstore like Target or Walmart. With services like AmazonFresh and Peapod, consumers can load up on kale, chicken — or whatever they need for their next meal — from their...

Retail
Luxury Retail Still Taking A Pass On AI
January 29, 2018

Earlier this month, Saks Fifth Avenue President Marc Metrick told CNBC that the luxury retailer didn’t need fancy artificial intelligence (AI) to help it succeed in the industry, despite the tectonic shift thrusting every other retailer into reliance on such technologies. Get the Full Story...

Retail
Casey’s Considers $2B Kroger Convenience Store Acquisition
January 29, 2018

Under pressure from an activist investor, JCP Investment Management, convenience store chain Casey’s General Stores has reportedly placed an initial bid to acquire grocer Kroger’s $2 billion C-store business. That line operates under brand names like Kwik Shop, Turkey Hill and Tom Thumb, CNBC reported...

Retail
Online Grocery Predicted To Hit $100B In Five Years
January 29, 2018

With a faster pace of adoption than previously expected, the majority of U.S. grocery shoppers may purchase at least some of their groceries online within five to seven years, according to a Food Marketing Institute and Nielsen report, CNBC reported. Get the Full Story Complete...

Retail
IKEA Looks Toward A Future With AI
January 29, 2018

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...

Retail
Chinese Smartphone Market Declines For First Time
January 29, 2018

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...

Retail
Should Grocers Go Nuts Over The Nutella Pricing Strategy?
January 27, 2018

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...