To sharpen its focus on retail technology, Lowe’s Companies, Inc. is acquiring Boomerang Commerce’s Retail Analytics platform. The technology will strengthen data-driven pricing and merchandise assortment decisions across the company’s businesses, Lowe’s said in an announcement. Get the Full Story Complete the form to unlock...
In an environment where lawmakers and civil liberties groups are scrutinizing facial recognition software, Amazon is facing pressure from shareholders: Investors will reportedly vote on whether the eCommerce company’s efforts to disseminate surveillance software imperils civil rights, The New York Times reported. Get the Full...
With all the hype about drones traversing the skies for retail’s last mile, the reality of drone delivery appears to be starting to finally take flight — and for use cases that may have lifesaving implications. Zipline, which delivers medicine, has reached a valuation of...
When it comes to food, complaints about price, accessibility, variety and taste are all very common, but it is not a common experience to hear someone bemoan the tastiness of their meal. No one complains about food being too delicious. But for Huel Co-Founder Julian...
To provide consumers with an eco-friendly alternative to shampoo in single-use plastic packaging, direct-to-consumer (DTC) brands are providing the product in a bar with paper-based packaging. The idea is not entirely new: HiBAR Co-founder Ward Johnson told PYMNTS in an interview that there are currently...
Carrefour is reportedly looking into selling a minority stake in its business in China, and has already started speaking to potential buyers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
New details have emerged about Walmart’s planned new corporate campus in Bentonville, Ark., where the company is based, according to a report by Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Brands created with the insights of tens of millions online users are joining the assortment at major retailers: Target, for instance, is bringing the Versed brand to its brick-and-mortar stores and website on Sunday (May 19). In the case of Versed, the brand was “developed...
Many entrepreneurs are inspired to start companies because of their own real-world experiences. Kyle Hoff co-founded Floyd after living in a number of places after college – Ann Arbor, the Bay Area, Chicago – and going through cycles with furniture. He bought his fair share...
