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Rinse Clothing Service Raises $14M To Expand To Boston, Chicago And Beyond

PYMNTS

Rinse has a solution for both, and thanks to a $14 million Series B funding round led by Partech, it’s taking that solution to two new cities: Boston and Chicago. Rinse currently serves its home base of San Francisco as well as Los Angeles and Washington, D.C. The solution is simple, but that doesn’t mean it was easy.

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Competitors Prompt Amazon To Slash Prices (Again)

PYMNTS

This year’s newest innovation? largest eCommerce marketplace is that it can devalue merchants and entire brands by overly discounting their items. Seasonal sales, twinkling lights and Santas for photo-ops everywhere you turn. For retailers, it’s the Hunger Games.

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Staples Jumps Into Same-Day Delivery

PYMNTS

Staples and Office Depot saw months of hard work go up in smoke when their long-expected merger was denied by regulators and both brands had to take long, hard looks in the mirror before deciding how to proceed. For Staples, the answer wasn’t to sulk around for months.

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Mastercard’s Kirkpatrick: Transit Is The Ticket To Everyday Spend

PYMNTS

In fact, she noted, their behavior at the turnstile will much more closely resemble their familiar everyday payments experiences – they will just take out their Mastercard-branded plastic card and, quite literally, tap and go at the turnstile. No more stutter step of buying and reloading a closed-loop transit pass to hop on the train.

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Amazon Tracker: Strategies And Partnerships Deliver

PYMNTS

The service is slated to roll out to 82 stores in Chicago and Los Angeles next month, with designated Amazon returns parking spaces planned to make using the program even easier. Good news for Amazon, but what does Kohl’s get out of the deal? Setting Trends. 51 percent of retailers say they offer same-day delivery. In the U.S.,

Strategy 102
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2019: What To Take Forward And What To Leave Behind

PYMNTS

This is the year that everyone takes a critical look at the innovations they’ve pursued over the last decade to decide what’s worth taking forward into the decade of the ‘20s and what’s best left behind in the decade whose door will close 358 days from today. That makes it the most important year of the last decade.

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Amidst The Retail Apocalypse, Target, Nike, & Adidas Are Using These Local Strategies To Bring Customers In The Door

CB Insights

This summer, Nike unveiled its latest brick-and-mortar venture in Los Angeles: Nike by Melrose, a physical store that uses local online shopping data to determine its in-store inventory. Learn about the technologies, innovations, and strategies that retailers can leverage during the holidays. Major retailers and brands go local.

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