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Instacart Raises $271M On $7.8B Valuation

PYMNTS

Just last week, the company announced the national expansion of Instacart Pickup, a new grocery click-and-collect service that provides customers with broadened delivery and/or pickup options, enabling them to order via Instacart and pick up the groceries at retailers.

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Nordstrom Pilots reCommerce With ‘See You Tomorrow’ Concept

PYMNTS

As the newest traditional merchant to try the expanding resale market on for size, Nordstrom is intending to sell secondhand clothes at its New York flagship and through eCommerce. The “See You Tomorrow” shop merchandise will come from the returned and damaged product inventory of the retailer.

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Nordstrom Pilots Upscale Resale With ‘See You Tomorrow’ Concept

PYMNTS

As the newest traditional merchant to try the expanding resale market on for size, Nordstrom is intending to sell secondhand clothes at its New York flagship and through eCommerce. The “See You Tomorrow” shop merchandise will come from the returned and damaged product inventory of the retailer.

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Walmart Expands Test Of Scan & Go To Ten More Locations

PYMNTS

Retailing giant Walmart is expanding the use of its Scan & Go mobile app, which is already being tested in around 12 stores in Arkansas, Florida, Texas and Georgia, to include ten more brick-and-mortar locations. These are diverse markets to test new ideas.

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Best practices for stress testing the commercial real estate portfolio

Abrigo

Without going into every possible stress testing scenario, here is a stress test example for a construction and retail portfolio. Retail Retail is typically one of the larger segments within the commercial real estate portfolio for the average community bank.

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The Unattended Path To Car Buying

PYMNTS

Consumer desire for convenience has brought upon changes across a wide range of retail environments. A company called Carvana is looking to bring convenience to car-buying with their new branded coin-operated car vending machine, recently opened in Nashville, Tennessee. About the Tracker.

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Retail Pulse: Madewell Teams With thredUP; Walmart Rolls Out InHome Delivery

PYMNTS

Brick-and-mortar retailers are joining forces with online reCommerce companies to bring pre-owned merchandise into their stores, adding to their sustainability efforts. They were to be available in some Chicago, Nashville, Austin and New York stores beginning on Oct. Beyond Madewell, other retailers have collaborated with thredUP.

Retail 101