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This Week In Retail: Funding, Finance And Tech

PYMNTS

This week in retail, we’ve seen news coming in from multiple sides, including that of Apple’s projected increase in smartwatch sales , U.K. The discount retailer has also announced two partnerships this week, one with Google and one with IBM. Virgin Islands. Virgin Islands consumers.

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Staples To Debut New Store Format With Coworking, Podcasting

PYMNTS

Retail, said per the announcement, “We recognize that the way people shop is changing, and with the launch of Staples Connect, we are adapting to fit the needs of our customers.” The store also houses the Staples Studio coworking concept that the retailer has been launching in some Massachusetts locations, as well as three Canadian locations.

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Walgreens Launches New Loyalty Program, Ups Same-Day Service

PYMNTS

In a press release , the company said it aims to provide its customers with the “fastest same-day retail pickup offering available today.” Virgin Islands. Walgreens said the previous version of its app had been downloaded more than 65 million times and that its current loyalty program has more than 100 million members.

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Retail Pulse: Stein Mart Plans Amazon Locker Rollout; Dressbarn Stores To Close

PYMNTS

Brick-and-mortar retailers are joining forces with Amazon in moves that could help bring shoppers into their stores: Stein Mart , for instance, announced this week that it plans to roll out Amazon Hub Lockers at stores in 28 states. Ascena Retail Group is planning to shutter approximately 650 Dressbarn locations. From Next in the U.K.

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Walgreens Teams With Postmates For Expanded Delivery

PYMNTS

Virgin Islands. Postmates delivers products from more than 600,000 restaurants and retailers and covers 80 percent of households in all 50 states. . Walgreens is one of the biggest drugstore chains in the U.S. with about 8 million customers daily, either online or in the stores.

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Kroger Is Taking Visa Payments Again After Ban

PYMNTS

Visa has been misusing its position and charging retailers excessive fees for a long time,” Kroger CFO Mike Schlotman said at the time. They conceal from customers what Visa and its banks charge retailers to accept Visa credit cards. Virgin Islands tied to a “ vaping illness.” even earlier.

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Popular turns 128 years old.

PopularBank

We continue to work alongside our retail and business customers to help them enhance their resilience and prosperity while finding ways to provide exceptional service. Virgin Islands and United States. Popular proudly processed nearly 50,000 PPP loans, originating $2.1