Retail

Retail
Sainsbury’s Creates Cashierless Store
May 01, 2019

To help consumers scan and pay for their selections, U.K. supermarket company Sainsbury’s has opened a checkout-free store in Holborn Circus, London, where shoppers use a smartphone app when they shop at the store, CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
Simon CEO Won’t Promise Tough Retail Times Are Over
May 01, 2019

While the CEO of the country’s biggest mall owner thinks that retail store closures will slow down this year, he added that he “can’t guarantee it.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
Retailers Are Getting Smarter About Artificial Intelligence
April 30, 2019

As artificial intelligence (AI) moves from theory to reality – a slow and uneven effort, but a real trend – retailers are starting to experiment with the technology. The work to craft AI-powered commerce tools comes as the technology is making initial inroads into financial...

Retail
How Digital Disruptors Are Taking On The QSR Drive-Thru
April 30, 2019

Some digital innovators reinvent old processes to make them more efficient. Daniel McCann, who started restaurant customer engagement platform 5thru, for instance, turned his focus to the long wait at the drive-thru. Consumers might want to get a morning cup of coffee, but face a...

Retail
Ford Teams With Amazon For In-Car Delivery
April 30, 2019

Following in the footsteps of Volvo Cars and General Motors Co., Ford Motor Co. is teaming up with Amazon to allow for packages to be delivered to millions of vehicles. The offering will be available on some recent Ford and Lincoln models, Bloomberg reported. Get the...

Retail
Chewy.com Gears Up For IPO
April 30, 2019

Following its acquisition by PetSmart approximately two years ago, Chewy.com filed papers to gear up for an initial public offering (IPO). The eCommerce pet supply merchant took in sales for fiscal 2018 of $3.5 billion, which marked an increase from 2017 at $2.1 billion, CNBC reported....

Retail
Avengers Movie Redefines Movie Theater Economics
April 29, 2019

It can never be said that Disney didn’t have big goals for the “Avengers,” or that it is even at all surprising that they did. Prior to the release of “Avengers: Endgame,” the house a mouse built was batting 21-0 on astronomically successful superhero movies....

Retail
Spotify Reaches 100M Paid Users
April 29, 2019

Amid launches in Middle East, India and North Africa in recent times, Spotify Technology SA reached a milestone 100 million paid subscribers for the music streaming company’s premium offering. The news sent the company’s shares rising 5 percent, Reuters reported. Get the Full Story Complete the...

Retail
Bringing The Magic Of Makeup To Men, Subtly
April 29, 2019

There is a famous story in political history about the Kennedy/Nixon debate of 1960 wherein makeup may have well changed the course of world history. For the first debate to be nationally televised, John F. Kennedy willingly put on makeup to be on camera. Richard...