A new report by investment firm UBS warns that an estimated 75,000 stores are likely to shut down by 2026. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Amazon might be looking at taking over as many as 110 old Sears and Kmart stores in order to launch new Whole Foods locations. BMO Capital Markets revealed the prediction in a note to clients on Wednesday (April 10), basing its findings on the demographics...
With the use of contactless payments heating up around the world, small and mid-sized businesses (SMBs) and their solution providers have to prepare for their acceptance. Mobile point-of-sale (mPOS) terminals that are enabled for contactless have to meet certain specifications to gain EMVCo 3.0 certification:...
Some entrepreneurs have no intention of starting a company but find inspiration to take on a new venture when a challenge arises in their daily lives. Bill Catania, for instance, began Zapt after he bought a refrigerator at a big-box retail store and wanted to...
Cashless retail, to a point, and then cashless and cash, too. 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...
To create a food hall-like experience for customers, Whole Foods Market’s 70,000-square-foot store in Atlanta showcases four eateries. The space, which is created to sell more than only supermarket items, also features a rooftop experience, Chain Store Age reported, and is the chain’s 500th store....
Fashion retailer H&M announced it will start charging its loyalty club members delivery fees on small online orders. 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...
Have millennials started starving a segment of commerce in a socially positive way? That is the recent question on minds of trend piece writers, with the publication of a recent Atlantic article that postulates the latest trend sweeping generation Sriracha is sobriety. Added to the...
eCommerce innovators are offering plant-based nutrition beverages designed for baby boomers and their parents with the help of the subscription business model. Take Perennial, which Co-founder and Co-CEO Sara Bonham described to PYMNTS as a progressive health company that is creating foods and beverages for...
