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Today In Retail: Amazon Grows Palm Biometrics In Washington State; Toyota, Lexus Take Control Of Online Buying Platforms

PYMNTS

In today’s top retail news, Amazon Go stores in Seattle are reportedly being equipped with Amazon One palm-reading scanners, while automotive brands are taking control of digital purchasing platforms. And for smaller stores and merchants, Jane CEO Taleeb Noormohamed told PYMNTS, that is something of a troubling trend.

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Retail Pulse: DSW Expands In-Store Experiences; L Brands Plans Store Closures

PYMNTS

With the expanded partnership, the companies will bring the offering to brick-and-mortar stores in Washington, D.C.; They also create repeat visits to the DSW brand, where an exciting footwear assortment awaits.”. L Brands posted net income in the fourth quarter of $1.94 Austin, Texas; and Dublin, Ohio. billion at $4.85

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Will eSports And Other Online Businesses Spike Digital Taxes?

PYMNTS

The latest issue involves eSports – one of the rising trends in digital commerce , and one of the ways through which some mall and brick-and-mortar operators hope to revive those retail properties. The issue isn’t really about brand-new taxes, but is about enforcing existing tax laws and applying them to eSports. billion in 2022.”.

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Analysts Predict 75K More Store Closings

PYMNTS

The reason for the closures can be attributed to the fact that more Americans prefer to shop online. household spent $5,200 online last year, an increase of nearly 50 percent from five years earlier. Morris, senior brand apparel analyst for financial services firm D.A. Davidson, according to The Washington Post.

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REPORT: The QSR’s Digital Checklist For Surviving The Long Haul

PYMNTS

The delivery sector is setting record revenues as dining rooms are operating at limited capacity, but this trend was in the works long before the pandemic began. A study found that the industry expanded by 20 percent over the past five years, with online food delivery revenue expected to hit $24 billion by 2023. About The Tracker.

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Curating The Confusion Out Of Clean Beauty

PYMNTS

As the wellness trend has expanded and intermingled with the beauty and cosmetics industry, the term concept of “clean” beauty has increasingly risen to prominence. I have seen a trend toward cleaner beauty, which is encouraging, but with that, I have also seen an unprecedented level of misleading marketing and greenwashing,” she said.

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Food Stamps Online: The $75B Grocery Game-Changer?

PYMNTS

Studying trends in everyday purchases at grocery and drug stores, Jaravel’s data suggests that prices are increasing by an average of 2 percent per year for goods purchased by consumers with household incomes under $30,000 but by just 1.4 SNAP online . And more recent data indicates that things aren’t getting much better.

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