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Tag: featured


E-commerce, Retail Types, Suppliers

E-commerce deliveries will overrun cities in 1 to 3 years

January 27, 2020

Via: Retail Dive

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 […]


Retail Types, Stores

New York bans cashless stores in major blow to digital retail payments

January 27, 2020

Via: Charged

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 […]


FMCG products, Retail Types

NY grocer Fairway says no plans to file for Chapter 7 bankruptcy

January 22, 2020

Via: CNBC

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 […]


E-payment & Data Security, Tech

Mobile payments now secure than physical cards

January 21, 2020

Via: Charged

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 […]


Customer Experience, Point of Purchase, Retail Trends

Why Millennials Shop On Social Media But Also Like To Shop In Stores

January 21, 2020

Via: Forbes

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 […]


Retail Types, Stores

Walmart Makes Two Chief Officer Appointments

January 20, 2020

Via: Retail Info Systems News

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 […]


E-payment & Data Security, Tech

Amazon working with Visa on hand scanning payment technology

January 20, 2020

Via: Charged

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 […]


Retail Types, Stores

Target shares plunge as holiday sales miss estimates on weakness in toys and electronics

January 15, 2020

Via: CNBC

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%. […]


In-Store Media, Tech

In-store mobile tech draws repeat shoppers, study finds

January 14, 2020

Via: Retail Dive

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 […]


E-commerce, Retail Types

Jeff Bezos heads to India as Amazon faces regulatory probes and waves of protests

January 14, 2020

Via: CNBC

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 […]