Retail and logistics technology platform Optoro, Inc. on Wednesday (Dec. 22) closed a $25 million strategic funding round led by enterprise solution platform Zebra Technologies Corporation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
If the last 20-plus months have taught us anything, it’s to expect technological change to be faster and more profound than before, with payments connecting almost all of it somehow. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
What if retailers could make judgments — at a glance, if you will — just by where you looked while you shopped? The truth is, eye tracking already exists and is being leveraged to learn about what someone looks at and why, to get a...
Forget about faux fur, puffy vests or warm woolen knits; the most fashionable trend at department stores this holiday season has nothing to do with garments, but everything to do with looking good. This comes as the great department store digital spin-off trend resembles the...
After losing to Instacart at the aggregator game, Amazon has pivoted to first-party grocery sales with the rapid expansion of its Fresh brand. On Thursday (Dec. 16), the retail giant opened its tenth Amazon Fresh store in California, the Orange County Register reported. The locations...
Rite Aid Corporation shares were up almost 20% early on Tuesday (Dec. 21) after the company announced it has kicked off a plan to close at least 63 stores across the U.S., a move focused on reducing costs and increasing profitability as much as $25...
Computer programs known across the retail landscape as ‘Grinch bots’ are further complicating the supply chain snags across the U.S. and around the world as the bots buy the most wanted holiday gifts in mere moments with a single click, Financial Times reported Tuesday (Dec....
Florida officials could soon suspend used car retailer Carvana’s dealer license after increasing issues with title transfers, Seeking Alpha reported Monday (Dec. 20). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Nordstrom is looking at spinning off its discount Nordstrom Rack business to trim its losses, Seeking Alpha reported. The company was down 0.6% as of Monday (Dec. 20). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
