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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.

Retail 143
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Retail Pulse: Domino’s Opens 10,000th International Store; McDonald’s Buys Dynamic Yield

PYMNTS

Frank Krasovec, chairman of Domino’s master China franchisee Dash Brands Ltd., said in an announcement , “Not only are we excited to open the 200th Domino’s location in mainland China, but we are thrilled that it marks the brand’s 10,000th store outside of the U.S.”. Domino’s isn’t the only U.S.

Retail 122
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Wayfair Debuts An Outlet Store

PYMNTS

After testing out pop-up shops last year, digital furniture retailer Wayfair plans to open the doors to an outlet store in Kentucky. As it stands, Appriss Retail data indicates that merchandise returns have led to $351 billion in lost sales.

Kentucky 116
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Paytronix Offers Toast Eateries Online Ordering Integration

PYMNTS

Based in Newton, Massachusetts, Paytronix is offering its self-service online ordering setup for free for six months to customers of Toast , which specializes in restaurant technology, notably point-of-sale (POS) systems for restaurants. Brands can also add delivery partners, offer curbside pickup and no-contact delivery.

Online 150
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Gambling Site DraftKings To Sell More Shares In $1.6B IPO

PYMNTS

In April, PYMNTS reported DraftKings planned to go public through a reverse merger, under terms of a deal made last year with gambling technology provider SBTech and the publicly-traded sports acquisition company Diamond Eagle Acquisition Corp., which changed its name to DraftKings Inc. as part of the deal. .

Boston 174
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Shopping Malls Are Evolving, But They’re Not There Yet

PYMNTS

Are shopping malls doomed to fall by the wayside along with retail trends of the past? This year, Boston Retail Partners principal analyst Ken Morris shared his thoughts with Glossy on the closing department stores and what’s happening as a result. Not quite yet. They’re evolving and frankly, they’re packed.’.

Retail 133
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Amazon To Shut Down Free Sample Program

PYMNTS

A brand that wanted to take part in the program paid about $2 for each sample, in addition to the cost of the product. . Ron Wyden of Oregon, Chris Van Hollen of Maryland, Ed Markey of Massachusetts, Chris Coons of Delaware and Gary Peters of Michigan sent a letter Wednesday (Nov.

Delaware 140