With an eye toward logistics and financial services, MercadoLibre Inc. will reportedly invest over $718 million (3 billion reais) in Brazil next year. The Latin American eCommerce pioneer intends to invest more in its payments and financial services unit as it seeks partnerships and opens additional distribution...
At multiple restaurants operated by one of its franchisees, Outback Steakhouse is testing machine learning (ML) technology from Presto. The test is focused on the restaurant lobby, but could grow to the kitchen, curbside pickup and dining room areas, CNBC reported. Get the Full Story Complete the form to...
With simpler stores that offer fewer products at lower prices, German discount chains Aldi and Lidl have increased their sales. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Digital wellness brands are something of a dime a dozen these days on the web — whatever serum, treatment or regimen based on cutting-edge science, technology or ancient arcane wisdom you may have heard of is likely already available for sale from a DTC up-and-comer...
Flipkart is reportedly gearing up for the rollout of FarmerMart, a food business that would sell packaged food and locally produced products. While it’s not yet known if the company will have a digital shopping platform, it seems unlikely that the retailer would only use brick-and-mortar...
When it comes to retail innovation, it’s not just young consumers who are driving change — so are older shoppers and an aging population. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
In the platform economy, marketplaces and their partners want to satisfy shoppers who are comfortable with eCommerce and expect seamless payments experiences. The last thing buyers or sellers want to happen is payment friction, which could inspire them to take their transactions elsewhere. At the...
With an offering that brings groceries right to the refrigerators of consumers, Walmart is rolling out a new grocery delivery service. InHome grocery delivery comes at an introductory price of $19.95 a month, and shoppers have to purchase a $49.95 smart garage door or lock kit that...
Giant Food has announced it has rebranded its delivery service. 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, PYMNTS Today. By completing this...
