Retail

Retail
Today in Restaurant and Grocery Tech: McDonald’s El Salvador Takes Bitcoin; FAT Brands to Open...
September 07, 2021

Today in restaurant and grocery tech news, McDonald’s responded to El Salvador’s move to accept bitcoin as national currency by accepting the cryptocurrency at all its restaurants in the country, while FAT brands announced that it would open 70 virtual kitchens across five Middle Eastern...

Retail
Walmart’s Auto Parts Dominance Over Amazon All But Ended
September 07, 2021

In just 12 months, Walmart has seen a 7 percentage point market share lead in auto parts evaporate versus rival Amazon, which for the second consecutive quarter is within 1 percentage point of the long-time segment leader. Get the Full Story Complete the form to...

Retail
65% of Consumer Electronics Returns Occur During Setup
September 07, 2021

It’s almost becoming rare for consumers to buy electronics that don’t connect to the internet. Televisions, doorbells, refrigerators and even toothbrushes have all become a part of the connected home, bringing people one step closer to living like Tony Stark does with JARVIS in “Iron...

Retail
1-800-FLOWERS.COM to Quadruple Workforce for Holidays
September 07, 2021

Digital gift marketplace 1-800-FLOWERS.COM Inc. will hire more than 10,000 seasonal workers across its gourmet foods and gifting brands — Harry & David, PersonalizationMall.com, Cheryl’s Cookies and The Popcorn Factory — as it anticipates increased online demand for the upcoming holiday season. Get the Full...

Retail
JD.com Names New President as Founder Takes Step Back
September 07, 2021

Chinese eCommerce company JD.com on Monday (Sept. 6) announced Lei Xu as President of JD.com, taking over the company’s day-to-day operations from founder Richard Qiangdong Liu. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
Supply Chains Could Be The Grinch That Steals Retail’s 2021 Holiday Season
September 06, 2021

The bottlenecks at major container ports are not new: key factory closures in Asia have been a rolling problem for months, while a shortage of truck drivers across Europe has only recently emerged. Get the Full Story Complete the form to unlock this article and...

Retail
Summer May Be Over, But Wedding Backlog Keeps Marriage Business Booming
September 04, 2021

Wedding bells are expected to continue ringing loud and clear over the coming months despite stagnating vaccination rates and continued spread of COVID-19, as couples who postponed their nuptials forge ahead with rescheduled (or, in some cases, re-rescheduled) plans. Get the Full Story Complete the...

Retail
CVC Could Sell Its Stake in Watchmaker Breitling
September 03, 2021

CVC Capital Partners could sell a substantial minority stake in Breitling SA, one of the last independent watchmakers in Switzerland, according to a Bloomberg report on Friday (Sept. 3). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
Giant Eagle Brings Grabango Checkout-Free Tech to Additional Stores
September 03, 2021

Giant Eagle is rolling out Grabango cashierless payments at four GetGo Café + Market convenience/fuel locations in Pennsylvania after piloting the program in one store in Fox Chapel, Pa., last year, with more to come in GetGo stores and possibly Giant Eagle supermarkets too. Get...