Entrepreneurs are creating alternatives to noisy or crowded spaces where consumers can work or relax after checking in with mobile apps. Take 3DEN, which is located at New York City’s Hudson Yards development. Its founder sees the space as an aggregate of a coffee shop,...
Iconic American retailers that have been around more than 100 years are creating new concepts for the new era of retail. Sears, in one case, plans to open three Home & Life brick-and-mortar stores in the U.S. just ahead of the busy shopping holiday of...
To provide medications to customers in a matter of hours, CVS Pharmacy is rolling out same-day prescription deliveries. Shoppers can access the offering at 6,000 pharmacy locations with the help of Shipt, Chain Store Age reported. The feature comes along with a one- to two-day...
The world of retail was a simpler place in the year 1900. According to Bureau of Labor Statistics (BLS) “100 Years of U.S. Consumer Spending,” the average U.S. household earned about $750 a year (or about $21,000 a year adjusted for inflation). With small reserves of cash,...
In a move to take on Apple’s wireless earbud dominance, Amazon is planning to make its own version with Alexa capability, according to a report by Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
About two years ago, Walmart teamed up with Green Dot and Commonwealth, for a prepaid card savings program. On Thursday (April 4), the company announced that customers “have moved more than $2 billion through the program’s virtual Vault, a safe and accessible way to save money...
Luxury brands are selling more and more on Chinese eCommerce sites like JD.com and Alibaba, while still keeping their distance from Amazon, according to a report in The Wall Street Journal. French multinational luxury goods conglomerate LVMH’s finance chief made his views on Amazon clear...
Soon all the single ladies (and the non-single ones) will be able to buy Adidas-branded Beyoncé clothes and shoes. 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...
FinTech firms are creating offerings to make it easier for retailers to handle their payments on the back end. Modo, for example, designed its new /Checkout product with “the end in mind,” Brian Billingsley, the company’s chief revenue officer, told PYMNTS in an interview. He...