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Virtual Reality Gains Traction In Retail

PYMNTS

Virtual reality could have more retailers reach more consumers in the coming few years — in large part by upping the consumer experience. Location-based virtual reality (VR) startup The Void is partnering with mall operator Unibail-Rodamco-Westfield (URW) to open 25 new entertainment outposts in the U.S. and Europe by 2022.

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Fabletics Announces Brick-and-Mortar Expansion

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Activewear brand Fabletics , which was co-founded by Kate Hudson in 2013, announced plans for a retail expansion across the U.S. The company confirmed that the new locations will bring the brand’s total retail store count to 30 locations throughout the U.S.

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Can 5G Power Retail Drone Deliveries?

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The company finished the first stage of testing in conjunction with McDonald’s at San Diego State University. 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. The company applied to the U.S.

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Report: Amazon Slows Alexa Staff Hiring To Improve Margin

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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

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UPS Looks To Drones To Speed Up Delivery

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The company is also looking into extending its hours of operation and deploying autonomous delivery automobiles. “In In 2019, UPS launched more new services and operational innovations than in any year in the company’s recent history,” said UPS Chairman and CEO David Abney. “We

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LendingPoint Unveils Retail Financing Platform

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To help merchants and other service providers convert more consumers at the point of sale, LendingPoint has unveiled LendingPoint Merchant Solutions, a platform that will provide fully integrated one-stop retail financing, the company said in an announcement. The move comes after the company acquired LoanHero in Dec.

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Grocery Round-Up: Amazon Fresh Opens, Whole Foods Cuts Prices And The US Grocery Sales Boom Slows Down 

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However, the store isn’t quite operating at full capacity, as COVID-related limitations have made that impossible. . Mackey said the chain has taken a long hard look at its operations to find more cost reductions. Whole Foods Promises Price Cuts. Grocery Delivery Firm Weee! Has A Big Year .