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Today In Retail: FedEx Concludes ShopRunner Acquisition; Save A Lot Sells 51 Stores To Fresh Encounter

PYMNTS

concluded its previously announced purchase of ShopRunner, while Save A Lot unveiled the sale of 51 stores run by the company in the Tampa, Florida market to Fresh Encounter. Plus, PYMNTS looks back on direct-to-consumer (D2C) brands, which came in two flavors in 2020. Retail 2020: Looking Back On D2C Brands.

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Lowes And b8ta Collaborate On Smart-Home Shopping

PYMNTS

According to a Lowe’s blog post on the subject, the Smart Home shops will include thermostats, cameras, lighting, speakers and more from brands like Google, Sonos, GE, Nest, Iris, Samsung and Ring. b8ta makes shopping for connected home products accessible and easy,” said Phillip Raub, co-founder and chief brand officer of b8ta.

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Car Vending Machine Company Carvana Goes Up Against Wall Street

PYMNTS

This year we expect another year of market-leading growth. Noting that existing Carvana markets grew by 84 percent, he said, “The company’s four oldest markets each more than three years old grew by 50 percent and our oldest cohort of Atlanta grew by 18 percent. New Markets. In 2019, we increased GPU by $750.

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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.

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Stepping Into 21st Century Hospitality With Apartments And Technology

PYMNTS

Some entrepreneurs are inspired to start companies because they spot unmet needs in the market: Frontdesk Co-Founder and Chief Growth Officer Jesse DePinto, for instance, saw the amateur nature of home shares but the opportunity for something better than a hotel. It has units in cities such as Charlotte, Tampa, Milwaukee and Columbus.

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Publix: 88 Years In Grocery And Looking To Grow

PYMNTS

In 2015, Safeway took over three Albertsons stores and poured $30 million in bringing the West Coast brand to Publix country. Well, according to fan, patron and local reporter Doreen Christenson, Publix lives up to its branding as the location where “shopping is delightful,” and has consistently done so for the last 88 years.

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How Mobile Apps Can Help Restaurants Make Loyalty Rewarding

PYMNTS

The Tampa, Florida-based chain was publicly held until 2017, when it was purchased by Oak Hill Capital Partners for $525 million. Most restaurants consider an appealing rewards app essential to competing in today’s market. That makes it more affordable and quicker to market. Loyalty Programs For Engagement.

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