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Virtual Reality Gains Traction In Retail

PYMNTS

Virtual reality could have more retailers reach more consumers in the coming few years — in large part by upping the consumer experience. Location-based virtual reality (VR) startup The Void is partnering with mall operator Unibail-Rodamco-Westfield (URW) to open 25 new entertainment outposts in the U.S. and Europe by 2022.

Retail 192
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LendingPoint Unveils Retail Financing Platform

PYMNTS

To help merchants and other service providers convert more consumers at the point of sale, LendingPoint has unveiled LendingPoint Merchant Solutions, a platform that will provide fully integrated one-stop retail financing, the company said in an announcement. The move comes after the company acquired LoanHero in Dec.

Retail 100
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Report: Amazon Slows Alexa Staff Hiring To Improve Margin

PYMNTS

Amazon has put some hiring on hold in its Alexa operation amid the pandemic, Bloomberg reported, citing two unnamed sources. The six targeted cities include New York, Phoenix, San Diego, Detroit, Dallas and Denver and will be a part of an investment in excess of $1.4

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Fabletics Announces Brick-and-Mortar Expansion

PYMNTS

Activewear brand Fabletics , which was co-founded by Kate Hudson in 2013, announced plans for a retail expansion across the U.S. The company confirmed that the new locations will bring the brand’s total retail store count to 30 locations throughout the U.S.

San Diego 190
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Indochino Eyes Expansion In 2019

PYMNTS

Indochino , the digitally-native made-to-measure menswear brand, has plans to expand in 2019. Vancouver-based Indochino, which currently operates 38 showrooms , said six locations will open this year in the Northeast, including Brooklyn, N.Y.; Greenwich, Conn.; Manhasset, N.Y.; and Paramus, N.J.; Brooklyn will launch first on Jan.

San Diego 122
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Retail Pulse: Shopify, Warby Parker Open The Doors On Digital-First

PYMNTS

Online brands continue their march into the offline world as Shopify and Warby Parker announce plans to open brick-and-mortar locations in the coming months. Warby Parker CEO Neil Blumenthal said, unequivocally, that he doesn’t believe retail is dead or dying — only “mediocre retail experiences.”

Retail 101
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Amazon Grocery Delivery Expands To 3 New Cities

PYMNTS

As of today, according to an announcement from Amazon , three more cities are joining the Prime Now grocery delivery lineup: Denver, Sacramento and San Diego. A selection of alcohol is also available for delivery to customers in Sacramento and San Diego. Those who need a rushed delivery can elect to pay a $7.99

San Diego 101