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Retail Pulse: FAO Schwarz To Open New Flagship; Amazon Expands Grocery Delivery

PYMNTS

Beyond New York, the retailer is planning to extend that experiential approach to partner locations, “offering the world that one-of-a-kind toy retail experience the brand is known for,” according to an announcement from the company, which is owned by ThreeSixty Brands. percent stake in Starbucks.

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Retail Pulse: Walmart Tests ‘Great Workplace,’ Sainsbury’s Opens Cashierless Store

PYMNTS

At the same time, it was reported that Walmart plans to employ $11 billion in capital expenditures this year. The company is reportedly testing the offering in 18 markets, including Los Angeles, San Diego, San Francisco, St. Louis, Tampa and New York. billion for its stores in comparison to $1.63 billion in the year prior.

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Bringing Omnichannel’s Attention Back To The Curb

PYMNTS

A few years ago, the idea of having items delivered to you in two hours would seem like the future, and Amazon is doing that now,” Kennedy recently told the St. Louis Post-Dispatch. Branded as CVS Express, the service is running in targeted markets now and is expected to expand to all of CVS’ 9,600 stores by the end of the year.

St. Louis 102
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Chapter 11 Watch: Hockey Chain Put On Ice, California Livin’ Goes Bust In Hong Kong

PYMNTS

Louis Business Journal is reporting that Missouri-based hockey equipment supply chain Total Hockey has filed for bankruptcy as of Wednesday (July 6). Not every brand that closes its doors did so last week in infamy, though. . What a time to be alive to witness a global economy that has brands failing in hemispheres both East and West.

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The Pros And Cons Of Robots In Retail

PYMNTS

Financial services firm Cornerstone Capital Group projected that robots will capture between 6 million and 7.5 A robot named Tally trawls the aisles of St. Louis grocery stores Schnuck Markets to check for items that need restocking, re-pricing due to error or re-shelving due to messy placement. Speaking of Campbell Co. ,

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This Time, We Want You To Drink The Kool-Aid

PYMNTS

We have a significant level of awareness,” said Andrew Louie, brand manager of refreshment beverages at Kool-Aid’s modern corporate parent company, Kraft. The brand continues to be extremely popular, even though it’s over 50 years old.”. Louis, Missouri; Oklahoma City, Oklahoma; and Jacksonville, Florida.

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Fintech Fundings: 9 Companies Raise $73 Million Week Ending Dec 31

Fintech Labs Insights

If you add the $6 billion in new capital raised in the IPOs of Worldpay, Square and First Data, the 2015 total is a nice even $25 billion. It is unlikely we’ll see that much in 2016, but the fintech sector is vast, and there are fascinating opportunities for newcomers and existing brands alike. Louis, Missouri.