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Pandemic Continues To Dull Allure Of Luxury Goods

PYMNTS

Despite some signs of improvement this month, LVMH , the world’s biggest luxury goods group, admitted that its brick-and-mortar sales were erased by lockdowns across Europe and the United States in recent months, and that an immediate turnaround was unlikely. “We billion in 2020, compared to $62.4 billion in 2019.

Branding 246
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Retail Pulse: Toys R Us Returns With Small Retail Stores

PYMNTS

The parent of the Toys R Us brand, Tru Kids , plans to bring stores under the legendary name to the United States for the 2019 holiday season. The locations will also include interactive components with new activities and events with brand stations. locations, with only four stores currently in operation in the country.

Retail 150
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Merchants, PayFacs And Monetizing Payments Flows

PYMNTS

We’ve seen consolidation within verticals, with software platforms coming together to create brands within, say, health and fitness, while maintaining the individual brand of the SaaS platform itself,” he told PYMNTS. We’re also seeing it for government platforms at the federal, state and municipal levels.”.

Payments 132
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Why North American Merchants Are Adopting Alipay In-Store (And Online)

PYMNTS

Walgreens , in one case, is making Alipay available as a payment option at thousands of pharmacies across the United States. The online platform, which enables those without a presence in the country to create virtual stores, is the biggest B2C marketplace for international and Chinese brands as well as retailers.

Online 140
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Starbucks Mobile App Now Counts 16.8M Users

PYMNTS

The company also expanded its Starbucks delivers program in the quarter to almost 1,600 stores across seven major markets in the United States. Johnson noted that the program is still in the early days, and its main focus is to bring in customer awareness that leads to trial and adoption of the channel.

Mobile 139
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The Grocery Report: New Products, New Partnerships And New Channels

PYMNTS

According to a joint release from the firms, customers can then order their ingredient list for pick-up at more than 2,500 Walmart locations nationwide, or possible have them delivered if they live near one of the more than 1,100 stores that have enabled that services. Both of the tests will begin this fall. “We

Report 170
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Whole Paycheck Tracker: Prime And Plus Still Won’t Set A Date

PYMNTS

On the earnings call, it said its share of streaming video on-demand subscribers in the United States spiked during Q2. The Indian operation is being run from a virtual operations room with employees coordinating the sales from their homes. For the $119 annual subscription charge, Amazon Prime includes Prime Video.

Video 181