To provide retailers with an automated option for last-mile deliveries, shipping carriers are entering the world of robotics technology. FedEx, for instance, recently unveiled its FedEx SameDay Bot concept, which the carrier said is in development with DEKA Development & Research Corp. along with DEKA Founder...
Digital marketplaces are zeroing in on customers looking to score last-minutes ticket to events. Gametime, a platform that connects buyers and sellers, has started building a mobile experience for ticket sales to sports games, concerts and other events. To further this focus, the company has...
As L Brands cuts back on investments in new and renovated stores, the intimates retailer plans to close approximately 53 Victoria’s Secret locations this year. The retailer closes an average of around 15 stores annually and has 1,143 stores around the globe overall, CNBC reported. Get the...
TJX-owned Marshalls is launching an eCommerce business later this year. 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...
In the span of about a decade, the smartphone has gone from revolutionary technology to an everyday tool that everyone on Earth carries in their pocket. Okay, not everyone – but that’s not much of an exaggeration. According to estimates, nearly 80 percent of the U.S. adult...
Retailer JCPenney has decided to end a clothing subscription service as it continues to struggle financially, according to a report by Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
When most people hear the words “skincare products” their assumption is likely to be that the reference is products for women. Because, by and large, wellness and beauty are female-dominated industries in terms of core customers. Get the Full Story Complete the form to unlock...
In an age of eCommerce brands opening up pop-up shops and permanent stores, some companies are taking a different approach to showcasing their products in real life. Furniture brand Outer, for instance, seeks to tap into the direct-to-consumer (D2C) model to deliver a quality sofa...
Even in an age when shoppers can order groceries online and have them delivered straight to their doors, the vast majority of consumers are still shopping the traditional way – hopping in their cars and heading to their local brick-and-mortar grocery store to shop the...