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Retail Pulse: 7-Eleven Tests Cashierless Tech; Staples Debuts Connect Store Concept

PYMNTS

Brick-and-mortar retailers are testing convenience store designs that let consumers skip the checkout line and pay for their purchases with their mobile phones. 7-Eleven President and CEO Joe DePinto said in an announcement , “Retail technology is evolving at a rapid pace, and customer expectations are driving the evolution.

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ShipMonk Pulls In $290 Million For eCommerce Growth Effort

PYMNTS

ShipMonk has pulled in $290 million in a funding round led by Boston-based Summit Partners as part of an expansion effort. Summit Partners Managing Director Christopher Dean and Vice President Chelsea Jurman will join ShipMonk’s board. Florida’s ShipMonk, started in 2014, offers eCommerce fulfillment services and technology solutions.

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Glossier Brings Shops To Nordstrom

PYMNTS

With its perfume that has a cult-like following, Glossier is opening temporary shops in seven Nordstrom locations, with the inclusion of the retailer’s New York flagship. Nordstrom has had an industry reputation for being a much-desired partner for up-and-coming online brands that are seeking to grow. fragrance sales.”.

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Are Retailers Ready For Amazon?s Prime Time?

PYMNTS

Then I went to Whole Foods on the North Shore of Boston Saturday morning to do some grocery shopping. I’ve been a Whole Foods shopper since I moved to Boston 17 years ago for the same reasons that each of you may be too: organic meat, seafood, produce and foods, great bread and cheese and a fun vibe. Prime Time at the Grocery Store.

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Top News In Payments: Brex Unveils Management Account; Saga Teams With Marcus For Savings Accounts

PYMNTS

Today in the payments news roundup, FinTech startup Brex is launching a business cash management account to take the place of traditional business bank accounts. Brex is rolling out a business cash management account to take the place of traditional business bank accounts. Brex Launches Brex Cash To Replace Biz Bank Accounts.

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CVS Eyes Concept Stores Amid Planned Aetna Deal

PYMNTS

The health retailer is looking to open concept stores in the beginning of 2019, CNBC reported. The retailer plans to focus on the management of chronic conditions, such as asthma, kidney disease and cardiovascular disease, while also seeking to encompass more services at its MinuteClinics.

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The Finanser’s Week: 17th July – 23rd July 2017

Chris Skinner

You will all know by now that I love the innovations in retail banking in Turkey, and Gürhan didn’t disappoint. I was interviewed by UBS’s wealth management team a month ago, when the bitcoin bubble was in full bloom. They may or may not be, you can decide, as I’m posting some of their stories here.

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