Smartphones fit squarely in the center of the social and digital lives of many shoppers — and provide these consumers with constant connectivity. They have also created a new market standard, with consumers expecting that their needs to be met right away — whenever as...
As brick-and-mortar retailers work to survive in this digital age, they are looking to another digital tool in that ongoing effort: 3D mapping. It’s among the latest ways that spatially focused technology promises to improve the retail experience. Get the Full Story Complete the form to...
In an effort to take advantage of one of fashion’s fastest growing areas, Urban Outfitters is tapping into the clothing rental market. The company is rolling out a monthly service through a new business named Nuuly that enables customers to borrow six items from its...
To concentrate on the company’s more profitable brands, Ascena Retail Group is planning to shutter approximately 650 Dressbarn stores. The company also owns apparel chains Loft and Ann Taylor, CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
A popular interior design startup in India, Livspace, has received an investment from Ingka Investments, the venture capital arm of IKEA, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Sales done digitally continue to gain ground across U.S. commerce. 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...
To sharpen its focus on retail technology, Lowe’s Companies, Inc. is acquiring Boomerang Commerce’s Retail Analytics platform. The technology will strengthen data-driven pricing and merchandise assortment decisions across the company’s businesses, Lowe’s said in an announcement. Get the Full Story Complete the form to unlock...
In an environment where lawmakers and civil liberties groups are scrutinizing facial recognition software, Amazon is facing pressure from shareholders: Investors will reportedly vote on whether the eCommerce company’s efforts to disseminate surveillance software imperils civil rights, The New York Times reported. Get the Full...
With all the hype about drones traversing the skies for retail’s last mile, the reality of drone delivery appears to be starting to finally take flight — and for use cases that may have lifesaving implications. Zipline, which delivers medicine, has reached a valuation of...
