Retail

Retail
Uber Eats Commits $20 Million To Support Independent Restaurants
February 03, 2021

Uber Eats is introducing Eat Local, an initiative to advance support for independent restaurant owners and operators amid continuing pandemic-related challenges. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Retail
Today In Retail: Cart.com Purchases D2C Firm; Online Shopping Spike Fuels UPS’ Record Quarterly Revenues
February 03, 2021

In today’s top retail news, Cart.com unveiled its purchase of Cheap Cheap Moving Boxes, while UPS revealed consolidated revenue of $24.9 billion for Q4 2020. Plus, Amazon’s Q4 net sales have exceeded $100 billion. Get the Full Story Complete the form to unlock this article...

Retail
Chipotle Tests Consumer Limits With Price Increase For Delivery
February 03, 2021

In its final quarter of 2020, Chipotle‘s digital delivery orders accounted for about 25 percent of its total sales. “To help improve the economics on this premium access point, we have implemented several delivery menu price differentials, with a weighted average fee right around 13...

Retail
Cart.com Buys D2C Brand Cheap Cheap Moving Boxes
February 03, 2021

Cart.com unveiled its purchase of direct-to-consumer (D2C) moving box brand Cheap Cheap Moving Boxes (CCMB), which has meaningful supply chain, logistics and operational capacity. The transaction’s terms were not made public, according to a Wednesday (Feb. 3) announcement. Get the Full Story Complete the form to...

Retail
Tulip Introduces Fulfillment Technology For Retailers
February 03, 2021

Retail cloud-based mobile technology provider Tulip has rolled out its Fulfillment offering to help merchants grow their abilities to manage, monitor and deliver eCommerce orders straight from the store, according to a Wednesday (Feb. 3) announcement. Get the Full Story Complete the form to unlock...

Retail
Westfield Valley Fair Teams With Kitchen United For Multi-Restaurant Ordering
February 02, 2021

Westfield Valley Fair, a shopping center in Silicon Valley, is partnering with Kitchen United, a ghost kitchen company, to deliver a streamlined, multi-restaurant ordering solution. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
Today In Retail: CarLotz Opens Two New Hubs; Economy, Emotions Help Blockbuster Holiday Sales
February 02, 2021

In today’s top retail news, CarLotz unveiled the opening of centers near Orlando, Florida and Seattle Washington, while a National Retail Federation economist said a rebounding economy and consumer emotions helped blockbuster holiday sales. Plus, it was mostly smooth sailing for Alibaba as the firm...

Retail
Next-Gen QSR Drive-Thrus Maximize Efficiency, Alleviate Pain Points
February 02, 2021

As the off-premises boom of the past year has boosted drive-thru traffic to unprecedented levels, quick-service restaurants (QSRs) are seeking new ways to meet consumers’ expectations for fast, seamless service. McDonald’s, for example, has partnered with digital signage company Visual Art and tech solutions provider Binary...

Retail
Alibaba Earnings Avoid Jack Ma, Address Regulatory Issues
February 02, 2021

Jack Who? Government regulations? Problems? It was mostly smooth sailing for Alibaba as it announced its earnings from the fourth quarter of 2020. Absent from the company’s earnings call was any mention of the company’s founder and former CEO (Jack Ma). The company did address...