Amazon is reportedly combining the fulfillment networks of its Whole Foods Market and Amazon Fresh stores to better compete in the grocery business. By doing so, the firm plans to offer customers a one-stop shopping experience, the Wall Street Journal (WSJ) reported Friday (Nov. 8). The...
PNC Bank increased the number of new branch locations and renovations it plans to complete over the next five years. The bank plans to open 200 new branch locations in 12 cities and renovate 1,400 existing branches during that time, investing $1.5 billion in these...
Small- to medium-sized businesses (SMBs) that focus on online sales outperform those that rely on physical stores, according to the PYMNTS Intelligence report “SMB Growth Report: Online vs. In-Store SMBs.” The report revealed how online SMBs record higher revenue, better growth prospects and more access...
GU, a Japanese fashion brand and sister company to Uniqlo, launched its first U.S. flagship store in New York and its eCommerce platform last month. Company officials focus on digital transformation to create a cohesive shopping experience that integrates online and offline interactions. For GU...
November 08, 2024
Small- to medium-sized businesses (SMBs) that focus on online sales outperform those that rely on physical stores, according to the PYMNTS Intelligence report “SMB Growth Report: Online vs. In-Store SMBs.” The report revealed how online SMBs record higher revenue, better growth prospects and more access to financing, while in-store businesses face limitations due to cost-cutting […]
October 14, 2024
They say you eat with your eyes first. The same can be said of in-store experiences for consumers. DGS Retail’s recent acquisition of SMS Display Group and its rebranding to...
October 07, 2024
As digital payment technology evolves, software point-of-sale (SoftPOS) solutions are emerging as a transformative force in payments. With the potential to democratize payment acceptance, SoftPOS is set to revolutionize how...
October 01, 2024
In 2023, U.S. retail sales surged to nearly $7.25 trillion, representing a third of all consumer spending. Dominating this market are two titans: Amazon and Walmart. A PYMNTS Intelligence report,...
November 11, 2024
Meta is promoting its Ray-Ban Meta smart glasses at a Meta Lab pop-up store in Los Angeles that lets visitors experience the glasses firsthand. The temporary brick-and-mortar store at 8600 Melrose Avenue includes an AI wall that lets visitors test the smart AI assistant on the glasses, an immersion experience room that allows them to capture themselves […]
November 08, 2024
Amazon is reportedly combining the fulfillment networks of its Whole Foods Market and Amazon Fresh stores to better compete in the grocery business. By doing so, the firm plans to...
November 08, 2024
PNC Bank increased the number of new branch locations and renovations it plans to complete over the next five years. The bank plans to open 200 new branch locations in...
October 21, 2024
Bed Bath & Beyond brick-and-mortar stores are set to return in a new, smaller format. The plan is part of a partnership between Beyond, which is the owner of Bed...
