article thumbnail

Odds Are That Online Sportsbook Wins Big Post-COVID

PYMNTS

Online sportsbooks have been beneficiaries of that dictum ever since COVID-19 eradicated most live sports, leaving millions of fans and a great many bettors potentially mired in boredom. DraftKings already has similar arrangements with three NBA franchises: the Boston Celtics, Indiana Pacers and Philadelphia 76ers.

Online 168
article thumbnail

Kroger’s Private-Label Grocery War Advantage?

PYMNTS

One of Kroger ’s most powerful competitive advantages is the company’s own brand products, Chairman and Chief Executive Officer Rodney McMullen said in the company’s first-quarter 2019 earnings conference call. During the first quarter, for instance, it introduced 219 our brand items. Omnichannel Retail.

Branding 102
Insiders

Sign Up for our Newsletter

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

article thumbnail

Kroger Expands Home Chef Meal Kit Offerings To New Stores

PYMNTS

“Home Chef is proud to continue our evolution toward becoming more than a meal kit delivery brand,” said Pat Vihtelic , Home Chef’s founder and CEO. In addition, Home Chef announced the launch of a customizable meal kit feature for online orders, so that customers can easily change and upgrade recipe ingredients.

Ohio 116
article thumbnail

How Experiential Retail Is Giving Physical Stores An Edge

PYMNTS

According to a recent report from Forrester and Adobe , brands defined as “experience-driven” grow at a clip of 19 percent per year, compared to 13 percent for others. The consumer now has a candle with a personal brand. It recently opened the first Market by Macy’s, a new retail concept in Southlake, Indiana.

Retail 210
article thumbnail

Grocery Round-Up: Digital-First Delivers For Kroger, Another Instacart Pair-Up And Hoarding Round 2

PYMNTS

Online sales were up 108 percent during the quarter. In late October , Cincinnati-based Kroger announced its “Restock Kroger” program — which aims to improve shipping, distribution and the links between its online and offline businesses — would be a major boost for shareholders. “For Meijer Signs On With Instacart.

article thumbnail

Retail Pulse: goop Finds Stickiness In New York, Opens ‘Lab’; Nordstrom To Offer Early-Bird Pickup

PYMNTS

Digitally native brands often test the retail waters with pop-up shops, and, after some offline success, they may expand their concepts with permanent locations. It will also offer a larger jewelry selection and exclusive brands like Sidney Garber, who has bracelets that sell for $8,600 and up. In Other Brick-and-Mortar News.

New York 116
article thumbnail

Retail Pulse: Amazon Grows 4-Star Footprint; Forever 21 Files For Bankruptcy

PYMNTS

Online retailers are expanding their brick-and-mortar footprints – and using feedback from eCommerce customers to inform the selections in their new stores. There are also digital price tags for every item, and Prime members can pay the discounted online price for their selections at the store. The used-fashion market in the U.S.

Retail 109