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Alibaba Developing AI For Tmall Genie Smart Speakers

PYMNTS

The Tmall Genie smart speakers were introduced by Alibaba three years ago and link to more than 270 million devices from 1,100 brands in China, according to Ku. The Tmall Genie is the top-selling smart speaker in China since 2017, according to market intelligence firm IDC, Alibaba said.

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Fabletics Announces Brick-and-Mortar Expansion

PYMNTS

Activewear brand Fabletics , which was co-founded by Kate Hudson in 2013, announced plans for a retail expansion across the U.S. The company confirmed that the new locations will bring the brand’s total retail store count to 30 locations throughout the U.S.

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Dine-In Restaurant Stocks Rally On Vaccine News, But Food Aggregators And Pizza Chains Sink

PYMNTS

However, the “back-to-normal” rally that the markets saw on Monday represents much more of a pure-play on earnings and recovery. The leading QSR brands were mostly higher on the day, but rose more consistently with the broader market’s rally. Such a divergent market reaction jibes with PYMNTS’ consumer research.

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Why Brick-And-Mortar Merchants Are Tapping Into Unattended Retail

PYMNTS

And some eCommerce brands are bringing the convenience of self-service technology into their brick-and-mortar stores. The expected compound annual growth rate (CAGR) of the global self-service kiosk market from 2019 to 2024 is 4.3 The projected CAGR of the global customer self-service software market from 2017 to 2024 is 16.34

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NCR Widens Regional Service With Purchase Of Midwest POS

PYMNTS

announced the acquisition of Midwest POS Solutions to expand its presence in Kentucky and Indiana, as detailed in a press release on Monday (Oct. The Indiana- and Kentucky-based Midwest POS technology company has been serving the restaurant industry for more than 75 years. There are also add-on tools to advance brand loyalty.

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Shift4 Payments Registers For IPO

PYMNTS

Securities and Exchange Commission] SEC completes its review process, subject to market and other conditions. In 2012, it changed its name to Harbortouch, taking the brand of its POS system. Valuations in the [processor] market are very generous right now. The initial public offering (IPO) is expected to commence after the [U.S.

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2018 Recap: The Year In Grocery Innovations

PYMNTS

This year, retailers from Kroger to Whole Foods Market brought new offerings ranging from cashierless checkout to personal shopping services to their stores. In August, Amazon and Whole Foods Market announced the rollout of a curbside pickup service for groceries in Virginia Beach and Sacramento. Personal Shopping Services.