Merchant Innovation

IKEA Cancels Planned Stores Amid Focus On eCommerce

IKEA Cancels Planned Stores Amid Focus On eCommerce
IKEA Cancels Planned Stores Amid Focus On eCommerce
June 04, 2018  |  Retail

Following years of U.S. growth, IKEA is reining in its brick-and-mortar expansion efforts: The furniture retailer cancelled planned stores in North Carolina, Tennessee and Arizona. Instead,...

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Mastercard Announces The Launch Of AI Express
Mastercard Announces The Launch Of AI Express
June 04, 2018  |  Mastercard

To help companies that want to jump into the artificial intelligence (AI) revolution — but are perhaps unsure where to actually start — the team...

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Why Panera Does Its Own Delivery
Why Panera Does Its Own Delivery
May 31, 2018  |  Retail

Delivery on demand is one of the hallmarks of the mobile/digital era, and so it’s unsurprising the speed at which being able to delivery has...

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Nordstrom Plans More Inventory-Less Stores
Nordstrom Plans More Inventory-Less Stores
May 30, 2018  |  Retail

A few months after Nordstrom rolled out its Nordstrom Local concept in West Hollywood, the retailer is planning on adding two more locations in Southern...

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Verifone ‘Go Shop’ Period Expires, Clears Path For ‘Go-Private’ Deal
Verifone ‘Go Shop’ Period Expires, Clears Path For ‘Go-Private’ Deal
May 25, 2018  |  Partnerships

Verifone said Friday that the “go shop” period under the terms of its merger agreement with Vertex Holdco has expired, paving the way for Verifone...

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Chipotle May Add More Drive-Thru Lanes
Chipotle May Add More Drive-Thru Lanes
May 25, 2018  |  Retail

As Chipotle Mexican Grill ramps up its digital efforts, the quick-service restaurant chain (QSR) may roll out more drive-thru lanes. Chipotle currently has five locations...

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Simon Says Mixed Use Is The New Wave Of Retail
Simon Says Mixed Use Is The New Wave Of Retail
May 24, 2018  |  Retail

With anchor stores like Sears and JCPenney closing more doors than they’re opening, what’s a shopping mall to do? For a growing number of mall...

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Lowe’s, PetSmart And Others Take On New Leadership
Lowe’s, PetSmart And Others Take On New Leadership
May 24, 2018  |  Personnel

They say the definition of insanity is doing the same thing over and over, expecting different results. That doesn’t fly in today’s fast-moving and competitive...

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