This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Retail keeps embracing numerous new technologies, and biometrics is not only one of them, but an area of recent growth and development, including via some of the biggest names in commerce. Take Amazon, which continues to expand its brick-and-mortar retail footprint, and the technology underlying those stores. Larger Trends.
Convenience store operator 7-Eleven is rolling out scan-and-go options for customers in 14 stores in Dallas later this week, with an aim to equip all of its U.S. stores with the technology by next year. According to a report in USA Today , the aim is to make the stores more convenient for customers.
With the pandemic putting its business into a state of disorder, Lane Bryant and Ann Taylor owner Ascena Retail Group is reportedly in talks with lenders about a possible bankruptcy filing. Most of the roughly 2,800 retail locations of Ascena are still shuttered. The retailer foresees closing approximately 230 of 687 stores.
Dozens of retailers, from Dick’s Sporting Goods to Walmart , have added contactless shopping services, and it’s caught on. increased 49 percent from March 12 to April 11, compared to March 1 to March 11 after a review of internet transactions from 80 of the top 100 internet retailers. . Retailers are trying to figure it out.
As it plans to bring 100 new operations facilities online in September, Amazon announced on Monday (Sept. The positions offer a beginning hourly wage of at least $15 per hour, and the eCommerce retailer is providing sign-on bonuses of as much as $1,000 to new hires in some cities, according to the announcement. and Canada this year.
The Mount Pleasant, Texas-based bank has added eight new locations over the past year in locations like Fort Worth and Dallas. Guaranty Bank and Trust is using new technology to make it easier for potential new customers to switch bank accounts as it expands its branch network.
UPS , too, is going down the drone path – one that Amazon pioneered for retail delivery uses – and is seeking a certification to operate commercial drone flights. It could receive the certification as early as this year, enabling UPS to have one of the first fully certified, revenue-generating drone operations in the country.
Amazon is expanding its operations in Singapore as it grapples with growing competition in a city that is fast becoming a hub for Chinese tech giants and others looking to expand across Asia. The world’s largest retailer is also on a hiring binge in Singapore.
The Hudson Group plans to add Amazon’s Just Walk Out technology to some of the popular convenience stores the chain operates at more than 1,000 North American airports, train stations and other landmarks and tourist destinations. . Checkout-Less Retail Is Becoming A Reality . Checkout-Less Retail Is Becoming A Reality .
Brick-and-mortar retailers are testing convenience store designs that let consumers skip the checkout line and pay for their purchases with their mobile phones. 7-Eleven President and CEO Joe DePinto said in an announcement , “Retail technology is evolving at a rapid pace, and customer expectations are driving the evolution.
The great retail re-opening is now being called the “great resettling” by many observers and J.Crew is its latest victim. According to several sources the preppy retail chain has been negotiating with its lenders since it canceled plans to take its Madewell subsidiary public. A filing could come as soon as this weekend.
Vatsa joined the Dallas-based Comerica as chief information officer a little over two years ago, in 2016. Is it an efficient way? Are we creating value?” These are the three questions Comerica Inc’s EVP and CIO Sangy Vatsa asks himself before every major innovation project. Since then the bank’s innovation team has consistently […].
Retail innovation labs – incubators or tech hubs – aren’t confined to operations run by the likes of Amazon or Walmart. A new lab store from 7-Eleven underscores the innovation wave that is taking place in the convenience store sector of retail – a sector ripe for change, disruption and growth. stores with the innovation.
As it stands, the quick-service pizza chain has more than 15,900 stores in over 85 markets around the world and over half of its global retail sales are through international locations. As it stands, Dynamic Yield enables over 300 brands that span verticals such as retail, finance and travel across six continents.
In the meantime, the digital, mobile, delivery and other innovations that are taking place in this sector are also promising to impact retailers and the consumers who shop not only with mom-and-pop stores but with the bigger chains. The latest example of that comes from one of the biggest retail chains out there — Walmart.
Amazon has put some hiring on hold in its Alexa operation amid the pandemic, Bloomberg reported, citing two unnamed sources. The six targeted cities include New York, Phoenix, San Diego, Detroit, Dallas and Denver and will be a part of an investment in excess of $1.4
Retailers are bringing omnichannel experiences to consumers by bridging the worlds of online and brick-and-mortar commerce through offerings such as buy-online-pickup-in-store (BOPIS). Following that trend, Fast fashion apparel retailer rue21 recently announced it plans to bring the offering to more than 700 stores.
To decrease its outstanding liabilities and bolster its total financial position, Tuesday Morning Corporation said in a statement that it has filed for Chapter 11 bankruptcy to pursue “financial and operational reorganization.” The retailer, which was started in 1974 and is based in Texas, has roughly 700 locations throughout the nation.
“No other platform features the PICKUP Good Guys, a curated network of vetted independent contractors delivering big and heavy goods, enabling PICKUP to provide retailers greater value across their assortment than any other solution on the market today,” she said. Postmates was launched in 2011 and is based in Silicon Valley.
Retail has changed more in the past four years than in our company’s 40-year history. The largest of the three new Georgia operations, according to Home Depot, is a 657,000-square-foot distribution center in Locust Grove. The Home Depot announced in 2017 that it would spend $1.2 billion to add 150 new sites to its distribution network.
The third benefit, which applies to Smith’s partners, is that local retailers can attract increased foot traffic as people come in to pick up their meals, and could become potential prospects. San Francisco or Dallas-Fort Worth – as the menu options are tailored to each market in which the company operates. .;
The coffee chain, which operates in 78 global markets, opened its first store in Seattle in the 1970s. In other news, Amazon will be providing package drop-off and pickup services at particular Whole Foods locations in the Dallas-Fort Worth area. To keep tabs on the latest retail trends, check next week’s Retail Pulse.
Digitally native brands often test the retail waters with pop-up shops, and, after some offline success, they may expand their concepts with permanent locations. Since then, the company has tried its hand at pop-up locations in areas like Aspen, Sag Harbor, New York, Dallas and London. to pick up online purchases via curbside services.
Retailers are bolstering their supply chains in China as they seek to enhance their service and offer customers fresh products. The post also pointed out that the retailer invested over RMB 700 million – which is approximately $100 million – to create the South China Fresh Food Distribution Center. Other Brick-and-Mortar News.
For instance, shares of Brinker International, which operates or franchises about 1,600 Chili’s Grill and Bar locations and other eateries, were up 15 percent as of midday Monday. That caps a six-month, 135 percent bounce for the 45-year-old Dallas-based chain. News on Monday (Nov. percent at midday.
has completed its Chapter 11 bankruptcy protection process and emerged from one of the highest-profile retail collapses since COVID-19 began, the Dallas-based company disclosed. We emerge from Chapter 11 as a stronger, more innovative retailer, brand partner and employer.”. Neiman Marcus Holding Company Inc.
As brick-and-mortar retailers continue to struggle to bring in consumers, a few are taking a page out of Amazon’s book and working instead to meet consumers where they live. Macy’s, Best Buy and Kohl’s have all recently stepped up same-day delivery options that were in testing mode to full-scale operations in some locations.
The changing nature of retail has been challenging for pharmacies. Sales of things like personal care products, cosmetics and various other household goods have been slipping, as consumers are increasingly stocking up online or at alternative retail venues like dollar stores for those types of items. in early 2019.
Brands might want a space to test new concepts with shoppers in brick-and-mortar retail environments, but they don’t always want the time and expense involved in building out a permanent store. Cosmetic firm Glossier opened a new retail store on Chicago’s West Loop on Aug. 23 that is scheduled for operation through October.
With its recent purchase of Dallas-based Rent My Wardrobe, it is gaining a geographic footprint in the southern U.S. After launching one of the more innovative business models in the digital-first space, fashion rental platform Wardrobe is expanding. and expanding its presence in what its founder calls the “peer-to-peer” fashion space.
Convenience store operator 7-Eleven is launching beer and cider delivery in select U.S. ” According to Fortune , the company will test the service in 18 markets: Austin, Texas; Charlotte, North Carolina; Chicago, Illinois; Dallas-Ft. .” Customers can place their beer orders via the 7Now app.
This has meant that store operators have had to rapidly implement health and safety rules to minimize transmission risks among workers and customers — especially the most vulnerable. The membership-based warehouse store chain has long prioritized digital innovation, both in its customer-facing and internal operations.
Amazon has established smaller warehouses around Dallas, Phoenix, Philadelphia and Orlando to make its same-day deliveries faster. . We’re proud of the fact that our Same-Day services are driven in partnership with local communities where we operate and made possible by the people who live there.
“We are constantly researching and developing ways to take both in-store and at-home retail experiences to the next level,” Mahadevan said. The company started testing the 7NOW delivery service at select stores in Dallas two years ago. After that, the regular delivery fee is $3.99. Based in Irving, Texas, 7?Eleven
Startups in the eCommerce space have long enabled their customers to experience their products in real life (“IRL”) through temporary retail shops, and now, digitally-focused brands belonging to major retailers are taking a similar approach. Fashion retailer Charlotte Russe , which has over 500 stores in the U.S.,
Green, who ran the Southland Ice Dock in Dallas, realized his customers needed to buy products like bread, milk and eggs after grocery stores had closed. operates more than 65,000 stores in 18 countries worldwide. Enter Amazon Go, a brick-and-mortar convenience store the eCommerce retailer opened last week in Seattle.
PYMNTS’ June 2020 How We Eat Tracker notes that, “Amazon, Target and Walmart were already well-positioned to adapt to this new digital reality, as they all had robust mobile and online ordering operations long before the pandemic hit. Parent Walmart led online grocery sales in April, commanding half of online grocery sales.
With the newly launched partnership, retailers in the symbol group will have the ability to sign up for the delivery platform via the Costcutter Supermarkets Group (CSG) after a pilot in stores throughout London and “the south east,” The Grocer reported. The function was tested in San Diego, Phoenix, Austin, Texas and Dallas.
Retailers are aiming to help consumers manage chronic diseases as well as their overall health and wellness through new brick-and-mortar experiences. Through HealthHUBs, consumers are at the center of an unmatched retail health experience. CVS Health, however, is not the only retailer to bolster its health offerings.
The announcement from the mobile network provider serves as the latest demonstration that 5G is coming, and that retailers and payment services providers should get ready to operate in the 5G world.
In an effort to make Scan & Go a bit quicker, Sam’s Club, owned by retailing giant Walmart, has developed and is testing an app that uses a camera for a mobile shopping experience, identifying products in consumers’ baskets rather than barcodes. The concept will be tested beginning this spring through the Sam’s Club Now app.
There are currently boxes in Dallas, Boston, Cincinnati, Nashville, Denver, Washington D.C. There are also more than 125 mostly locally franchised Tide Cleaners stores that operate 24 hours a day, seven days a week in cities like Omaha, Houston and Phoenix. The app will notify customers when the laundry is ready.
In retail news, home goods eTailer Wayfair announced Friday (Sept. Currently available in 10 retail markets — including Atlanta, Boston, Chicago, Dallas, New York City and San Francisco, among others — Chain Store Age reports the new feature will “transform what is considered a time-consuming, even frustrating, process.”
Knock operates in such U.S markets as Atlanta, Charlotte, Dallas-Fort Worth and Raleigh-Durham, and has plans for more domestic expansion in the coming 12 months. The reason for doing so applies to other areas of retail and digital marketplaces, and will probably continue to do so, given long-term consumer habits and expectations. “No
We organize all of the trending information in your field so you don't have to. Join 23,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content