Retail

Retail
Holiday 2021: Pent-Up Consumer Demand, Test of In-Store Experience For Retailers
September 15, 2021

Rising inflation and the continued spread of COVID-19 may be grabbing headlines and denting consumer sentiment, but former Saks CEO Steve Sadove said he’s confident that demand for retail is still strong and will carry through the end of the year. Get the Full Story...

Retail
Food Digest: GrubMarket Serves Digital Farmers With Farmigo Tie-Up; MarginEdge Lands Funds to Cater to Eatery...
September 14, 2021

In the latest food happenings, farmers get access to advanced digital tools thanks to the acquisition of farming eCommerce platform Farmigo by food tech supply chain innovator GrubMarket. MarginEdge, meanwhile, is using its $18 million funding round to further assist restaurant operators in going high-tech....

Retail
Today In Retail: Amazon Brings Contactless Technology to Entertainment Venues; Salesforce Partners With FedEx on...
September 14, 2021

In today’s top retail news, Amazon is partnering with ticketing company AXS to bring its palm scanning technology to live entertainment events, while Salesforce and FedEx are working together on a set of tools to help eCommerce merchants keep up with consumer demand for fast,...

Retail
Today in Restaurant and Grocery Tech: Kroger Teams with Instacart for Speedy C-Store Delivery; Misfits...
September 14, 2021

Today in restaurant and grocery tech news, Kroger announces 30-minute convenience delivery in partnership with Instacart, and Misfits Market’s valuation soars to $2 billion. Plus, IGA President and CEO John Ross tells PYMNTS how grocers are adapting to supply chain shortages plaguing the industry today....

Retail
80% of Consumers Interested in Self-Service Checkout, Two-Thirds Prefer It
September 14, 2021

As commerce skews ever digital, as we all get ever more used to doing things on our devices (by ourselves), the interest in trying something new extends to the checkout process. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
From COVID to Product Shortages to Labor Supply, Grocery Stores Adapt To String of Challenges
September 14, 2021

As one of the world’s largest independent grocery store franchises with more than 6,000 stores located across the world, IGA has some unique insights into how the COVID-19 pandemic has changed things in the world of retail. And those insights could prove vital for the company’s future growth...

Retail
Misfits Market Hits $2B Valuation, Capturing Young Consumers’ Demand for Sustainable eGrocery
September 14, 2021

Sustainability-focused online grocer Misfits Market is no misfit when it comes to raising venture capital, the eGrocery platform is quite popular. The company announced Tuesday (Sept. 14) that it has raised $225 million in its Series C-1 funding round, bringing its total funding to over...

Retail
Telehealth Startup Hims & Hers Partners With Lifestyle Fashion Retailer REVOLVE
September 14, 2021

Telehealth startup Hims & Hers is partnering with lifestyle eCommerce fashion retailer REVOLVE to advance health and wellness products for millennial and generation Z consumers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
Virtual Sales Associates Are Eating Chatbots’ Lunch
September 14, 2021

Shopping online is often a solitary experience — just a consumer, a device and an eCommerce platform. While many people enjoy this, with an estimated 92% having made an online purchase in the last 12 months, it can potentially cause issues if a customer has...