Retail

Retail
Amazon Helped SMBs Earn More Than $160B In 2018
May 08, 2019

In the digital age, Amazon has reportedly aided millions of small businesses in flourishing. The eCommerce retailer claims it has helped 1.9 million small and medium-sized businesses (SBMs) in the U.S. to take in more than $160 billion last year, USA TODAY reported. Get the...

Retail
Taking Pet-Friendly Into Next-Level Digital With IoT Dog Houses
May 08, 2019

Some entrepreneurs start companies based on experiences with their own pets. DogSpot Co-Founder and CEO Chelsea Brownridge, for instance, began her company because of her dog Winston. While she likes to get him out of the house as much as possible, there were times when she...

Retail
When Subscription Merchants Innovate With Plan Features
May 08, 2019

To make life easier for their customers, many businesses are adopting the subscription business model. From consumer goods and hardware to eCommerce and internet of things (IoT), innovators are allowing shoppers to have products and offerings regularly delivered to them. Get the Full Story Complete...

Retail
Analysts Forecast Positive Tailwinds For Jumia
May 08, 2019

With the potential for the adoption of online shopping, analysts are optimistic about Jumia Technologies Inc.’s future and have found positive tailwinds for growth. While eCommerce penetration is approximately 20 percent for China, it is reportedly much lower in Africa at only roughly 0.5 percent...

Retail
Battle For Pet Retail Dominance Gains Fresh Fuel
May 07, 2019

Walmart is the latest example of the power of pets in retail — a power that is having significant influence among various merchants competing for the loyalty and dollars of pet owners. As well, if done well, pet retail can serve to increase foot traffic...

Retail
Fifth Avenue Vacancies Reflect Uptick In Retail Closures
May 07, 2019

As retailers shutter locations from the heartland to big cities, the latest update on the state of retail from New York’s storied Fifth Avenue says that rents are falling and vacancies are rising – showing that even a flagship address can’t escape the realities of...

Retail
How Crowdfunding Is Changing Wedding Gifting Etiquette
May 07, 2019

For couples planning weddings this spring, the big day may get the majority of their focus, but the honeymoon will command a large share of their spend. Among couples that opt for a traditional wedding (defined in this case as any non-elopement), nearly all will...

Retail
Can Air Travel Ticketing Subscriptions Take Off?
May 07, 2019

Travelers have purchased individual airline tickets for years, but digital innovators are allowing them to buy a set number of one-way trips ahead of time. Take Wanderift, which provides this opportunity to customers who purchase a subscription. Zachary Burau, the company’s founder, told PYMNTS in...

Retail
Amazon Go Comes To New York City
May 07, 2019

To bring its cashierless store concept to the Big Apple, Amazon plans to open an Amazon Go store this week to the public. The store will be located on the second level of a shopping mall at Brookfield Place in the city’s downtown, CNBC reported....