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Retail Pulse: The Price Must Be Right

PYMNTS

It’s been a week of experimentation in retail, with many big names opening new types of stores to — as the saying goes — see what sticks. It seems more likely that these brands will uncover their key rather than some universal master retail key that can solve the brick-and-mortar challenge across the board.

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Q12018’s Big Retail Chill

PYMNTS

The phrase is also a familiar refrain in retail — sung by retailers when disappointing results come at the same time as a streak of unusual and unseasonable (aka lousy) weather. In Q1 of 2018, the cooler than usual spring/summer contributed to retailers posting less than stellar sales. divisions, and nineteen regions.

Retail 101
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Paytm Seeks BigBasket Partnership To Take On Flipkart, Amazon

PYMNTS

India-based eCommerce marketplace Paytm Mall wants to work more closely with regional retailers and team up with eCommerce grocery service BigBasket to compete with Flipkart and Amazon, according to recent Reuters reports. It is currently the third-largest company competing in the country’s retail space. “We

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Google Testing Same-Day Delivery In San Francisco

PYMNTS

NBC News reported that national, regional and local merchants are testing Google Shopping Express with big-name retailers including Target and Walgreens. Google hired a courier service to pick up the orders at the retailer’s stores and deliver them to customers’ home or office, noted the report.

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More Than One-Quarter Of Amazon Merchant Sales Cross Borders

PYMNTS

The jump in cross-border sales volume, which was higher than the 31 percent increase in overall net sales last year, presents a huge opportunity for the Seattle, Washington, eCommerce giant, noted Reuters. as it eyes markets outside its home country.

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The Great Grocery Race Shifts Into High Gear

PYMNTS

And — according to Jet — the new app will also be better customized regionally for shoppers, making use of local imagery and messages on the homepage and throughout the site. Jet will also factor in locality when deciding which products are featured in its assortment for that region. Boston, Philadelphia and Washington D.C.

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Why A Former Walmart Exec Jumped In With Drizly

PYMNTS

There’s little doubt that the [spirits] industry will feel the impact of the largest online retailer expanding into grocery,” Coors wrote in a blog post following the news announcement of the Amazon/Whole Foods merger. Products (or importers) sell to distributors, distributors sell to retailers and retailers sell to customers.

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