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How A New Name Sparked An Unattended Retail Turnaround

PYMNTS

But the branding came across somewhat differently. The brand was widely accused of being culturally insensitive and appropriating the name of the very shops they were hoping to push out of business with their full-service vending machines. The Washington Post branded Bodega the most hated startup in America.

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Warehouse Space Going For Premium Rates

PYMNTS

Brick-and-mortar merchants are far from being free from the problems that plague their particular brand of retail, but even they have to look at online retail rising rents for warehouse space with a little bit of mirth. Of the 57 major retail markets studied, 37 of them posted decreases to warehousing availability.

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Why Online Retailers Go To Nordstrom To Try On Physical Retail

PYMNTS

Through a reasonable long game, Nordstrom has positioned itself as the department store du jour for hot young brands in real world commerce. Some 62 percent of Nordstrom’s 120-plus stores are in elite malls like Roosevelt Field in Long Island, Short Hills in New Jersey or The Galleria in Houston. That’s much better than No.

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Kroger Rolls Out New Grocery Delivery Offering

PYMNTS

The offering will debut in Houston, Louisville, Nashville and Kroger’s hometown of Cincinnati, Chain Store Age reported. Our new service is just one more way we are redefining the customer experience as part of Restock Kroger, bringing more convenience and options to shoppers across America.”.

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Kroger Same-Store Sales Miss Views As It Overhauls Stores

PYMNTS

The program, dubbed Restock, was launched earlier this year in an effort to adjust product choices, rearrange store layouts and highlight private-label brands. Ever since Amazon acquired Whole Foods Market , Kroger has been in reinvention mode, launching new services to match the eCommerce giant. a share Wall Street was seeking.

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Mastercard Send: From P2P To B2B To SMB

PYMNTS

That capability took off in a few Eastern European markets, as well as a handful in Asia Pacific. Send, she said, helped shape the appetite for real-time, card-based push payments that is now being seen across all of North America. Banks were connecting to the network and started offering P2P push payments.

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The Great Grocery Race Shifts Into High Gear

PYMNTS

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. Ever since Amazon acquired Whole Foods Market , Kroger has been in reinvention mode, launching new services to match the eCommerce giant.

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