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Facing Shrinking Market Share, Arizona Iced Tea Co To Sell Marijuana Products

PYMNTS

The company that makes Arizona Iced Tea is getting into the marijuana business, according to a report by The Wall Street Journal. Arizona Beverage Company has made a deal with Dixie Brands Inc., The deal will also give Arizona the right to purchase up to $10 million in stake in Dixie Brands. percent in 2013 to 16.2

Arizona 109
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COVID-19 Spikes Hinder Retail Recovery

PYMNTS

Back in late March when the pandemic first started to lock down retailing, PYMNTS published the first in a series of tracking reports showing clear evidence that the overwhelming factor in economic recovery would be one thing: COVID-19 and the ability to mitigate its effects. Again, that scenario is playing out this week. percent increase.

Retail 150
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Brick-And-Mortar Vs. Brand Names

PYMNTS

Everybody wants brand names, right? The upshot for the wholesale manufacturers behind those brands is, of course, that they are able to set their suggested retail prices a little bit (or, sometimes, a lot) higher than items bearing lesser-known labels. And that has become something of a problem for brick-and-mortar retailers.

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Retail Pulse: Stop & Shop To Deploy Autonomous Vehicles; Chico’s FAS Plans To Close 250 Stores

PYMNTS

Grocers are using autonomous vehicles to help bring fresh food to the doorsteps of consumers, and news came this week that another retailer plans to use the technology: Approximately one month after Kroger announced that it had started to use autonomous vehicles in Arizona, Stop & Shop is intending to use them in the Bay State.

Retail 129
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Tesla Tequila Sells Out On First Day Of Launch

PYMNTS

Produced by the South California brand Nosotros Tequila, Tesla Tequila is sold in a lightning-shaped bottle resembling Tesla’s logo. Known for launching oddball branded merchandise, the electric car company has sold mini red gym shorts, flame throwers, surfboards and more. Sales are limited to two bottles per person.

El Paso 207
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Amazon Looks To Enter Luxury Fashion Space

PYMNTS

This isn’t Amazon’s first attempt at breaking into the luxury fashion market – the retail giant originally started trying in 2012, but was not successful. Part of the problem the eCommerce brand’s image. This sort of placement has kept many luxury fashion brands away, even though Amazon has promised to not discount their items.

Arizona 133
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Grocery Round-Up: SNAP’s Delivery Expansion, Amazon’s No Charge Pick-ups And The Store Building Binge

PYMNTS

In the longer run, the service will grow over the next several months to the grocer’s 570 retail locations throughout California, Illinois, Pennsylvania and Florida. Amazon Fresh, a new physical retail concept from Amazon, is setting up shop in four locations in the Chicago market, the Chicago Tribune reported.

Arizona 170