Retail

Retail
Today in Food Tech: Yandex Buys $1B Uber Stake; FreshDirect Lowers Prices
August 31, 2021

Today in restaurant and grocery tech news, FreshDirect adds 250 SKUs of parent company Ahold Delhaize’s private label brands, and Russian food delivery company Yandex purchases a stake in Uber in a $1 billion deal. Plus, Nat Trienens, founder and CEO of digital ordering solutions...

Retail
Hoka Opening Retail Sneaker Stores
August 31, 2021

Hoka will open a pair of retail stores on Wednesday (Sept. 1) on 5th Avenue in New York City’s Flatiron neighborhood and on Melrose Avenue in West Hollywood, in a move that puts the sneaker brand’s money on brick-and-mortar locations as growth accelerators for parent...

Retail
Middle-Mile Logistics Solution Gatik Raises $85M, Bringing Grocery Supply Chain’s Fully Automated Future Into View
August 31, 2021

In a vision of the future seemingly straight out of a Pixar film, groceries may soon be delivered to stores by trucks that drive themselves. Gatik, a company that creates autonomous middle-mile logistics technology, announced Tuesday (Aug 31) that it had raised $85 million in...

Retail
FreshDirect Woos Shoppers with Major Private Label Expansion, Lower Prices
August 31, 2021

In a move to attract cost-conscious consumers with low prices, FreshDirect is taking advantage of parent company Ahold Delhaize’s extensive portfolio of private label offerings to add more low-cost products to its e-shelves. The New York-based online grocer, which delivers in select markets throughout the...

Retail
Two-Thirds of Consumers Don’t Trust Retailers’ Ability to Prevent Fraud
August 31, 2021

The increase in eCommerce activity over the past 18 months is good news for merchants hoping to drive online sales, but it’s also raising the risk of fraud and raising consumers’ anxieties about how bad actors might compromise their personal data. Get the Full Story...

Retail
Made-to-Measure Suits Join Growing List of Virtual Fit Experiences
August 31, 2021

For many men, particularly young ones, the traditional way of buying a made-to-measure suit can be intimidating because of the many aspects that can be customized, as well as the time it takes to get a suit fitted. Get the Full Story Complete the form...

Retail
Home Furnishings Remain Sore Spot for Walmart Despite Gap Collaboration
August 31, 2021

After losing its market share lead in the furniture and home furnishings category prior to the COVID-19 pandemic, Walmart has struggled to make up any ground against Amazon, which continues to reap the benefits of consumers’ continued comfort buying big-ticket items online without seeing them....

Retail
Topps Releases New NFT Collection for MLB
August 31, 2021

Topps on Tuesday (Aug. 31) announced the 2021 Topps MLB Inception NFT Collection, calling it “a brand-new baseball card inspired release” on blockchain platform ToppsNFTs.com. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
Kohl’s Expands Augmented Reality Offering for eCommerce
August 31, 2021

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 agree to receive marketing communications from PYMNTS and...