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Amazon Plans Whole Foods Expansions In Closed Sears Stores

PYMNTS

The recent woes of Sears and other struggling retailers are seen as an opportunity for the online retail giant. For example, Whole Foods managers went to a site in Utah that used to be a Kmart. In November, Amazon announced the expansion of grocery pickup from Whole Foods Markets through Prime Now in eight more cities.

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Outdoorsy Makes Happy Campers Out Of RV Owners And Renters

PYMNTS

That’s the market summary Outdoorsy Co-founder and CEO Jeff Cavins gave to PYMNTS' Karen Webster on the status of his RV rental platform, which’s about to cross the billion-dollar bookings milestone in only its fifth year in business. “So I will die of old age before we've even cracked a fraction of this demand.” . Demand is not the problem.

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LendingClub’s Laplanche Starting New Online Lender

PYMNTS

LendingClub’s former CEO, Renaud Laplanche, who stepped down in May, sending shockwaves throughout the online lending industry, is gearing up to launch a new lender online called Upgrade. The loans will be issued by WebBank out of Utah and later purchased by Upgrade.

Online 100
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Amazon To Build More Whole Foods Locations

PYMNTS

According to the report in the Wall Street Journal , Whole Foods Market aims to have stores in more suburban areas where it has been gaining customers since Amazon bought it. Amazon wants to expand its Prime Now, two-hour delivery service and online grocery pickup from Whole Foods by as much as possible.

Wyoming 159
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N26: Cloud-Banking Core Key To Meeting Consumers’ Mobile Banking Needs

PYMNTS

Many banks braced themselves for an oncoming surge in the number of consumers accessing their financial accounts online or via mobile banking apps, but safely and seamlessly providing that access remained tricky for many in the space. FACILE will be marketed as a competitor to other digital-only banks making headway in the U.S.,

Meeting 227
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Moving Augmented Reality Out Of The Living Room

PYMNTS

For many companies, Utah-based SeekXR among them, AR is a growing retail technology that has been put in the spotlight due to the non-essential retail shut down. Now, companies that have been selling furniture online, such as Wayfair and Overstock, are doing well. With the crisis accelerating the shift online, the world has flipped.

Retail 251
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VR Startups Create Entertainment Locations In Old Retail Space

PYMNTS

Virtualities, the company that runs virtual reality theaters and arcades, has been opening up locations in strip malls and retail space that are being abandoned due to the move toward online shopping. The Void, another VR entertainment company has a VR park in Lindon, Utah which combines a physical set with VR film experiences.

Utah 103