Remove Arizona Remove Innovation Remove Management Remove Retail
article thumbnail

Retail Pulse: IKEA To Open ‘Planning Studio’ In NYC; Pizza Hut Will Acquire QuikOrder

PYMNTS

Big retailers are opening smaller-format stores in major U.S. Already, the retailer has opened a Planning Studio across the pond in London in October. In the announcement, IKEA Retail U.S. In other news, two Safeway stores in Arizona now have artificial intelligence-powered medical clinics via an Akos Med Clinic partnership.

Retail 122
article thumbnail

The Innovation Lessons Behind Walgreens’ Breakup With Theranos

PYMNTS

” That’s been a law of the natural retail world for as long as head-to-head competition has been the means by which one brand sinks and another brand swims. And like Walgreens is now painfully aware, sometimes the mad dash to gobble up innovative startup partners can lead merchants down a dark path.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

POSaBIT Rolls Out Mobile POS For Cannabis Merchants

PYMNTS

Our fully compliant solution allows businesses to feature a state-of-the-art retail customer experience for both in-store and delivery, while also providing in-depth business analytics and increased revenues for businesses.”. billion by 2020 — the industry is largely cash-based. billion by 2020 — the industry is largely cash-based.

Mobile 130
article thumbnail

Einride Presses The Pedal On Autonomous Delivery

PYMNTS

The company works in partnership with fleet managers to deploy those vehicles, or sells them outright, and has clients such as supermarket chain Lidl. The pilot will provide service to customers in Olmos Park, just outside of downtown San Antonio where the grocery retailer is based,” according to TechCrunch. For instance, Kroger Co.,

Houston 116
article thumbnail

IKEA Tests Subscriptions In The Sharing Economy Age

PYMNTS

Brick-and-mortar retailers are reinventing their business models amid changes in consumer preferences and the emergence of the sharing economy. He noted that the retailer could then revamp the items before they are sold again. IKEA Retail U.S IKEA’s Pivot Points .

article thumbnail

Nipton, Calif., Goes To Pot, Literally

PYMNTS

In real estate and in retail, location is everything. Of course the inverse effect has also been shown to be a possibility of late; the anchor stores come unmoored, that mall retail space becomes fairly useless as consumers venture out to walk their hallways less and less. Or, in the case of Nipton, Calif.’s

Las Vegas 109
article thumbnail

Could RFID-Reading Drones Help Solve A $45 Billion-Dollar Per Annum Retail Problem?

CB Insights

Retailers lose $45B worth of inventory every year due to misplaced packages, stolen merchandise, and returned goods. New research from MIT proposes lightweight drones that can help track and manage inventory in large-scale environments, by allowing passive, long-range radio frequency identification (RFID) scanning.

Retail 43