There’s no escaping Amazon sneaking into nearly every retail conversation. From its Prime Day to its partnerships and quick deliveries, Amazon’s presence is a force with which to be reckoned. One company that’s looking to capitalize on that very notion is startup mattress company Tuft...
Gaming gets much of the glory when it comes to the emerging virtual-reality ecosystem – and for good reason – the application of the technology is obvious. Games have spent the better parts of three decades becoming more photorealistic, and the natural evolution is to...
FinTech innovators love the payment facilitator (PayFac), a shift that WePay co-founder Rich Aberman outlined in Episode 1 of the Payment Facilitators series with Karen Webster, CEO of PYMNTS. These “master merchants” act as Independent Sales Organizations (ISOs), going between sponsor-acquirers and a portfolio of sub-merchants....
To say direct-to-consumer retail practices have had an impact on the manufacturing industry would be an understatement. With eCommerce a major proponent of the direct-to-consumer (DTC) channel and showing no signs of slowing down, the retail industry landscape has been forever changed. Get the Full...
The food industry has seen its fair share of shakeups over the last few months thanks in large part to Amazon’s $13.7-billion Whole Foods purchase. Fast on the heels of the eCommerce giant is the rest of the food industry, including superstore Walmart. Get the Full...
J.C. Penney has had a rough couple of years, but it may be getting a reprieve with its latest news. The department store is taking on a new partnership with the Lifetime reality show “Project Runway.” For this pairing, a “Project Runway” branded clothing line...
Chatbots are everywhere these days and are hot topics of conversation among retailers. Learning how to best leverage this relatively new interactive revenue option with smart technology and artificial intelligence (AI) that provides instant consumer feedback, automates routine processes and enhances overall retail operations makes...
The first thing people check in the morning and something that is typically on their person at all times just got a jolt to its competition. Smartphones are essentially the central conduit for which most people stay in contact with one another, conduct business, entertain...
If a marketplace can work for aggregating goods from disparate providers, why not for services, too? After all, service industries make up more than three-quarters of the United States’ total GDP — and four out of five jobs. Why should merchants be the only ones who...