The majority of consumers now seek out both digital and physical channels in their car buying journey, according to CarMax, and this omnichannel adoption continues to grow. The used vehicle retailer shared on a call with analysts Friday (June 21) discussing its first-quarter fiscal 2025...
Mexico-based digital payments/commerce platform Clip has raised $100 million in new funding. The financing comes from investment funds managed by Morgan Stanley Tactical Value, and from “one of the largest, most experienced West-Coast mutual fund managers,” the company said in a news release Tuesday (June...
U.S. consumers expect to know, when they go to make a purchase, whether or not the items they want will be in stock, PYMNTS Intelligence reveals, and they are looking for real-time digital inventory updates from retailers to meet this demand. By the Numbers The...
As Walmart and Amazon compete to stay at the forefront of retail’s omnichannel transformation, the two industry giants are integrating digital technologies into physical stores, aiming to provide the most convenient, connected shopping experience. Walmart, for its part, is digitizing shelf tags to make brick-and-mortar...
June 25, 2024
Monos is growing its brick-and-mortar presence, a move that is not only opening a new sales channel, but also boosting its eCommerce business. In an interview with PYMNTS, Victor Tam, CEO of the direct-to-consumer (D2C) travel and luggage brand, shared that the company’s Friday (June 21) announcement of its second in-person retail location follows the […]
June 14, 2024
As Walmart and Amazon compete to stay at the forefront of retail’s omnichannel transformation, the two industry giants are integrating digital technologies into physical stores, aiming to provide the most...
June 05, 2024
As consumers seek more convenient buying options for even the most historically on-site trial-based categories, the beauty industry is transforming to meet shoppers’ increasing Click-and-Mortar™ expectations. Ulta Beauty, for instance,...
June 03, 2024
Consumers around the world want to access specific digital features when shopping, whether they are perusing aisle 3 or clicking from their couch at home. PYMNTS Intelligence recently investigated this...
June 18, 2024
Mexico-based digital payments/commerce platform Clip has raised $100 million in new funding. The financing comes from investment funds managed by Morgan Stanley Tactical Value, and from “one of the largest, most experienced West-Coast mutual fund managers,” the company said in a news release Tuesday (June 18). Clip says it will use the new funds to […]
May 21, 2024
Walmart has introduced an expanded take on its Neighborhood Market stores. The retail giant is in the midst of opening or converting more than 150 stores in the next five years, including...
May 15, 2024
Shopify and Astound Digital have partnered to improve retailers’ digital commerce efforts. Through the partnership, the companies aim to offer retailers higher conversion rates and lower costs, as well as better customer...
March 28, 2024
Tutch has appointed Microsoft veteran Greg Jones as its CEO as it expands into the U.S. market. The company, which is backed by Microsoft and already operates in Australia, offers retail technology that...
