As it seeks to build its power in the grocery sector, Amazon reportedly is lowering its prices for grocery delivery in Germany, according to a report from Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
The private-equity backed operator of Houlihan’s restaurant chain has filed for bankruptcy protection. 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....
As the world of automotive and freight drives toward a future of connected commerce and even autonomous driving, companies are fighting it out to solve the many problems in that area of the economy, including last-mile delivery. The latest example of the power of those...
A group of former Uber employees has started a cloud kitchen business to rival that of former Uber CEO Travis Kalanick, who made the news recently with his own similar business CloudKitchens, according to reports. Get the Full Story Complete the form to unlock this...
A U.K. startup has proposed building a system of tunnels in the U.K. to deliver as many as 600 million packages a year to the city of London alone, according to CNBC. The startup, Magway, wants to provide companies with an alternative to the traditional...
Amateurs talk tactics, while professionals worry about logistics. 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 form, you...
Two years after acquiring a majority stake in the firm, Alibaba plans an additional investment of roughly $3.33 billion in logistics affiliate Cainiao to increase its equity stake from 51 percent to 63 percent. The company would subscribe Cainiao shares that are newly issued and...
USA Technologies (USAT), a cashless payments and software services company for the self-service retail market, has announced upgrades to its Seed Delivery software. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Fresh food is one of those products that, depending on the context, can almost feel like a minor luxury. Sure, consumers who can get to good grocery stores or farmers’ markets (not all shoppers can) or afford to subscribe to meal-kit delivery services, are assured...