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Walmart’s Allswell Goes On Tour; Target To Expand Debut Of New Loyalty Program

PYMNTS

Startups in the eCommerce space have long enabled their customers to experience their products in real life (“IRL”) through temporary retail shops, and now, digitally-focused brands belonging to major retailers are taking a similar approach. 7) in New York City. We could open stores as an expansion of our digital presence.”.

Charlotte 135
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Lowes And b8ta Collaborate On Smart-Home Shopping

PYMNTS

Consumers aspire to live a connected life and crave solutions that make this possible,” said Ruth Crowley, vice president of customer experience design at Lowe’s. So, we developed Smart Home powered by b8ta to emulate a ‘lab-like’ atmosphere that empowers customers to make informed decisions.”.

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Car Vending Machine Company Carvana Goes Up Against Wall Street

PYMNTS

This year we expect another year of market-leading growth. Noting that existing Carvana markets grew by 84 percent, he said, “The company’s four oldest markets each more than three years old grew by 50 percent and our oldest cohort of Atlanta grew by 18 percent. New Markets. In 2019, we increased GPU by $750.

Company 130
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Uber Of X: Truxx Is The Uber Of Moving

PYMNTS

We sat down with Truxx’s Founder and CEO, Carlos Suarez, to learn more about what inspired him to develop this company and how Truxx is helping the middle market of moving. The truck-sharing space is an undefined, emerging market. We hope to grow the Truxx brand to a national scale. CS: Truxx is a truck-sharing service.

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The Great Grocery Race Shifts Into High Gear

PYMNTS

Boston, Philadelphia and Washington D.C. For food, they want to see the brands and the products and confirm they will be fresh and quality. Kroger released its Q2 earnings this week, and the market did not love what it saw. That will start solely in New York City, but is intended to roll out more widely. percent increase.

Metro 122
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Here Are 35 Casualties Of The Retail Apocalypse And Why They Failed

CB Insights

Formerly beloved brands such as Aeropostale, American Apparel, and PacSun bit the dust in 2016, and the pace of retail deaths has accelerated since then. Additionally, many of these physical retailers have lost the cache they once had as new direct-to-consumer brands with a hyper-focus on specific products have taken off.

Retail 78
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‘Buy Now Pay Later’ Breaks Through

PYMNTS

cities (LA, Chicago, Brooklyn, Houston, Philadelphia) seeing the greatest action. Top retailers using BNPL include DSW, Urban Outfitters and Ulta Beauty , and popular brands included ColourPop and Ray-Ban, among others. Afterpay reported $160 million in BNPL sales during Black Friday/Cyber Monday 2019, with five U.S.