Tag: featured

January 27, 2020

Urban last-mile deliveries will increase 78% by 2030, according to the report. The WEF argues that since carriers and municipalities have different, sometimes competitive priorities, the best path forward is to build portfolios of solutions that, combined, improve congestion and […]

January 27, 2020

Cashless retail stores are now officially banned in New York City in a dramatic shift away from digital payments. New York’s city council approved new legislation almost unanimously last week which will see any retailer which doesn’t accept physical currency […]

January 22, 2020

New York-based grocery chain Fairway Market said Wednesday morning it has no plans to file for Chapter 7 bankruptcy, following a report that said it was preparing to do so. “Despite reports, Fairway Market has no intention to file for […]

January 21, 2020

Mobile phone payments are now more secure than traditional bank cards thanks to features like facial and fingerprint recognition technology. According to payment provider myPOS’ founder Christo Georgiev services like Apple Pay and Google Pay are “even more secure than […]

January 21, 2020

According to a new report, the consumer millennials (18 – 34-year-old) are notably impacted by internet influencers and people they follow sites such as Instagram and Facebook. Their daily use of Facebook is 77%, compared to 68% usage by the […]

January 20, 2020

Walmart has appointed Scott McCall its new chief merchandising officer and Dacona Smith, COO of Sam’s Club, will take over as chief operating officer of Walmart U.S., according to an internal company memo cited in reports. McCall is replacing the […]

January 20, 2020

Amazon is working with Visa to develop a “non-contact biometric identification system” enabling customers to pay by waving their hands through a scanner, confirming rumours which emerged earlier this month. Payments giant Visa is understood to be helping Amazon test […]

January 15, 2020

Target had been expected to be a standout among retailers for holiday sales, but the big box retailer reported disappointing results Wednesday. Its shares tumbled 7% on the news. Walmart, which hasn’t reported holiday results, also traded lower, down 1.8%. […]

January 14, 2020

Soti’s research indicates that shoppers have a favorable attitude toward in-store mobile technology, although that sentiment doesn’t quite extend to mobile payment apps like Apple Pay. Shoppers are looking for convenience above all else, making them highly likely to favor […]

January 14, 2020

Amazon CEO Jeff Bezos will face a wave of protests from small business owners when he travels to India this week. Bezos will appear on stage Wednesday at Amazon’s Smbhav event for a fireside chat alongside Amit Agarwal, who heads […]