Retail

Retail
When Loyalty Is The Key Differentiator For QSR Apps
April 29, 2019

With the help of mobile order-ahead technology, diners can make their selections at quick-service restaurants (QSRs) before stepping into a physical location. These apps, however, provide benefits beyond convenience to consumers: They can also allow diners who frequent a particular restaurant chain to participate in...

Retail
How Children’s Clothing eTailers Are Treasure Hunting
April 29, 2019

To help parents buy affordable children’s clothing without committing to a subscription or hunting for bargains, eCommerce innovators are offering style boxes of nearly new kids’ apparel. Kids on 45th is just over a year into shipping “wardrobes of lightly used children’s clothing,” CEO and...

Retail
Marriott Takes On Airbnb
April 29, 2019

To compete with Airbnb along with other homesharing companies, Marriott International is reportedly starting a business for home shares. Unnamed sources claim the firm could soon debut details for the first phase of the plan, The Wall Street Journal reported. It was also reported that...

Retail
Why Amazon Bet (Almost) A Billion On Certainty
April 29, 2019

Amazon announced last week that it would spend $800 million to make one-day shipping the default for Prime members. Much of the coverage was about the hit to Q2 profits from the additional investments in logistics, warehousing and inventory management required to cut the current...

Retail
Starbucks CEO: Competitors’ Discounting In China Unsustainable
April 26, 2019

As Luckin Coffee gears up for an initial public offering (IPO), Starbucks CEO Kevin Johnson believes that the use of discounting by competitors is not sustainable. The executive said his coffee chain is looking for a more sustainable growth plan, as its competitors eye gains...

Retail
Sweetgreen Reverses Cashless Approach
April 26, 2019

Amid the backlash to cashless stores around the country, Sweetgreen plans to start taking legal tender. Critics contend that cashless stores impact those that don’t have credit cards, bank accounts or like to pay via cash, The New York Times reported. Get the Full Story...

Retail
Retail Pulse: Floravere Opens NYC Store; Target Debuts Everspring Brand
April 26, 2019

Direct-to-consumer wedding brands are opening stores in real life — and personalizing the customer experience within them through digital technology. Floravere, for instance, opened its first brick-and-mortar location in New York City’s Tribeca neighborhood — a space that it says “reimagines shopping for one of the...

Retail
With ‘Cryptokicks’ Application, Nike Signals It May Be Launching Its Own Currency
April 25, 2019

Footwear giant Nike has submitted an application to trademark the term “cryptokicks,” according to reports. 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,...

Retail
CVS Partners With SmileDirectClub To Attract Customers, Straighten Teeth
April 25, 2019

Drugstore chain CVS has announced it will open hundreds of SmileDirectClub centers inside of its stores, with plans to eventually have them in upwards of 1,000 locations. The centers will be called SmileShops, and customers will be able to get a 3D scan of their...