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Why eCommerce Will Create More Jobs Than It Kills

PYMNTS

One of the casualties of the ongoing retail death spiral seems almost certain to be the retail workforce. Brick-and-mortar retail jobs may be declining, but that doesn’t mean jobs are disappearing. In fact, he notes, he believes eCommerce will have an opposite effect and create more retail jobs at better wages.

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LatAm’s RobinFood Says It’s A Tech Company That Sells Food … And It’s Working

PYMNTS

But he said that since the region’s average monthly income is less than $400, “we knew if we wanted to go massive, we would have to go downscale.”. The average income level of the people here doesn't allow them to go to the Kentucky Fried Chickens and the McDonald's on a daily basis. They just can't afford it,” he said.

Company 184
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Verizon 5G Network Launch Foreshadows Mobile Commerce Changes

PYMNTS

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. 5G Potential.

Mobile 168
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Instacart Expands Alcohol Delivery Across The U.S.

PYMNTS

can now have alcohol delivered in as soon as an hour from national, regional and local grocers as well as wine and liquor stores. Instacart said customers in participating states will now see a new in-app banner that lets them shop directly from beer, wine and spirit “aisles” of select retailers on the Instacart marketplace.

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Belk Works On Building Its New Legacy

PYMNTS

Small and regional — outside of the Southeastern United States, most people haven’t heard of it. In Kentucky right now, Belk is building out a location in what was a Macy’s. She started working at the company as a teenager as a “floater” — a retail clerk who bounces between departments.

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Samsung Pay Launches In China

PYMNTS

Apple Pay’s competition in China just got a bit steeper, as Samsung has officially rolled out Samsung Pay in the region. There are also 16 retail chains now supporting Apple Pay in the country, including Starbucks, McDonald’s and Kentucky Fried Chicken, with many also promoting discounts and offers for consumers who use Apple Pay.

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Where Pharmacy Giants Walgreens, CVS, Walmart, And Rite Aid Are Placing Private Market Bets

CB Insights

For many consumers, the local pharmacy is long gone, replaced by big box retailers with significantly more cash and brand recognition. Today, the top four retail pharmacies by number of stores — Walmart, Walgreens, CVS, and Rite Aid — operate more than 25,000 stores. 1 healthcare provider in the retail industry. Key takeaways.