Retail

Retail
The ‘BreadBot’ Is Here, And Attempting Grocery Disruption
January 14, 2019

To provide an alternative to days-old bread that is baked off-site, startups are helping grocers bake bread within their own stores through interactive robots that do the heavy lifting. The BreadBot, which is a project of The Wilkinson Baking Company, is a fully automated breadmaking machine...

Retail
How Digital Marketplaces Within The Retail Ecosystem Are Gig Economy Portals
January 14, 2019

To take advantage of the freedom that the freelance lifestyle affords, workers with all sorts of talents and goals are tapping into the gig economy. These workers are completing tasks in order to fuel their passions or simply to provide supplementary income. Either way, many...

Retail
Super Heroic, Bringing “The Batman Effect” To Children’s Shoes
January 14, 2019

Before launching his own brand of specialty footwear for children, Super Heroic Founder Jason Mayden had a pretty solid gig in the shoe industry. He was a global design director at Nike and, by all accounts, was at the peak of his career when he...

Retail
Chico’s FAS Plans To Shutter 250 Stores
January 14, 2019

To find ways to reduce costs and optimize its business, Chico’s FAS plans to study its operations and cut back on its store footprint. The retailer, which has more than 1,400 stores in the U.S. as well as Canada, is looking to shutter 250 stores...

Retail
Bots And Outside-The-Bots, CES 2019: Payments And Commerce Highlights
January 12, 2019

There was a lot about CES in Las Vegas last week that was predictable. 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...

Retail
West Elm Unveils ‘Water Street’ Brand
January 11, 2019

To offer customers stylish and modern bath and body products, West Elm unveiled a new brand dubbed Water Street. The offering includes towels, hardware, lighting and vanity collections “that help our customers elevate the everyday,” the retailer said in a press release. Get the Full...

Retail
Postmates Notches $100M In Funding
January 11, 2019

In a funding round led by funds such as BlackRock, on-demand delivery company Postmates has notched $100 million in investments. Glynn Capital and Tiger Global also led the round, along with other funds, to bring the company’s valuation to $1.85 billion, Forbes reported. Get the Full...

Retail
Retail Pulse: Target, Kohl’s Report Holiday Sales, Sears May Review New ESL Bid
January 11, 2019

Some retailers enjoyed the fruits of improvements to their delivery services and brick-and-mortar stores with better-than-expected sales growth over the holidays, while other retailers found it harder to grow their sales. Retailers like Kohl’s reported growth that was weaker than previous years, while others such...

Retail
Why Stouffer’s Thinks It Can Serve Up Meal Kit Innovation
January 11, 2019

Stouffer’s has been a staple of American dinners for more than 96 years, since it was first established as a food and beverage company in 1922. The firm has changed a lot in that time – apart from the frozen and prepared foods for which...