Grocers are using autonomous vehicles to help bring fresh food to the doorsteps of consumers, and news came this week that another retailer plans to use the technology: Approximately one month after Kroger announced that it had started to use autonomous vehicles in Arizona, Stop...
Kroger’s smart shelving pilot is in its very early phases. The massive grocery conglomerate, which is the parent firm behind some 2,780 stores in the U.S., has so far fewer than 100 stores carrying the digitally-equipped shelves Kroger co-developed with Microsoft. Get the Full Story...
Amid less expensive destinations for kids’ online clothing and declining traffic in malls, Gymboree Group Inc. plans to close following its second bankruptcy. The retailer, which has just under 950 locations, filed for protection from creditors in the U.S. Bankruptcy Court for the Eastern District of...
Rent the Runway has launched a set of exclusive new clothing lines created by designers Derek Lam, Prabal Gurung and Jason Wu. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
While innovative grocery has been in the news heavily over the last several years — with seemingly every name in the game trying to keep pace with each other in terms of online ordering, delivery services, friction-free checkout and a whole host of other digital...
Traditional eCommerce and brick-and-mortar merchants aren’t the only organizations that market luxury goods like handbags. ShopGoodwill.com, an eCommerce auction platform that was created by Goodwill of Orange County and is still operated by the organization, offers the same kinds of items on its site. Over 120...
Earlier this week, Hong Kong-listed luxury cosmetics firm L’Occitane International SA announced its intended $900 million acquisition of British beauty and skincare brand Elemis. The deal is the latest in a spate of acquisitions of high-end skincare brands. In 2017 Natura Cosmeticos SA’s bought the Body Shop from...
According to a settlement that was signed with a wholly owned subsidiary, Signet Jewelers Ltd. is to pay federal and state regulators penalties of $11 million for allegedly opening fake store card accounts. Sterling Jewelers, a subsidiary that operates over 1,500 locations across the country with different...
Whole Foods Market is giving up on its plan to expand its 365 stores. 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...
