Remove Branding Remove Metro Remove Retail Remove Technology
article thumbnail

Alibaba Bids For Metro Brick-And-Mortar Stores In China

PYMNTS

14) when an exclusive report from Reuters said that Alibaba wants to buy a stake in the Chinese wholesale operations of Germany-based Metro AG. The 2018 holiday shopping season did not exactly bring the most optimistic news about the ongoing prospects of physical retail, specifically in the U.S. Store Woes. shopping mall. billion ($1.17

Metro 148
article thumbnail

libaba Bids for Metro Brick-and-Mortar Stores in China

PYMNTS

14) when an exclusive report from Reuters said that Alibaba wants to buy a stake in Germany-based Metro AG’s wholesale operations in China. The 2018 holiday shopping season did not exactly bring the most optimistic news about the ongoing prospects of physical retail, specifically in the U.S. That was demonstrated again this week (Feb.

Metro 100
Insiders

Sign Up for our Newsletter

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

article thumbnail

How A Retail Incubator Could Produce The Next Big Innovation

PYMNTS

One example in retail and payments is tech incubators — specifically, those run by specific companies and brands, a trend that shows signs of growing even more in the 2020s (which, let us remind you, are only a few months away). This QR code can lead to a more expensive transaction and a less seamless experience compared to NFC.”.

article thumbnail

Five Below Gives New Fuel To Brick-And-Mortar Retail

PYMNTS

Consumers may be curbing their spending , and perhaps even anticipating a new recession, but that could all serve as fuel for certain types of retail expansion — in this case, more brick-and-mortar stores for deep discount chain Five Below. But both efforts, along with other moves, show the ongoing life behind brick-and-mortar retail.

Retail 116
article thumbnail

Western Union Unveils UK High-Value Transfers; Gap Taps Adyen For European Payments

PYMNTS

has tapped Adyen for online and in-store payments in Europe , and the Bangalore Metro Rail Corporation in India is at work on a quick response (QR) code ticketing system. The technology will come to more than 150 stores in France , the U.K. In addition, Gap’s brand, Banana Republic, will also use the payments platform.

Metro 155
article thumbnail

Costco’s New China Retail Move Highlights Broader Trends

PYMNTS

The answer may hold lessons for other retailers eager to do more in the Chinese market. Costco will be targeting China’s affluent growing middle class, who know the brand from travelling abroad,” the newspaper reported. As well, other foreign retailers have stumbled on the general path that Costco seems to be taking in China.

Retail 100
article thumbnail

Costco’s First China Store Signals Broader Retail Trend Into Foreign Markets

PYMNTS

The answer may hold lessons for other retailers eager to do more in the Chinese market. The paper reported that “Costco will be targeting China’s affluent growing middle class, who know the brand from traveling abroad.”. As well, other foreign retailers have stumbled on the general path Costco seems to be taking in China.

Marketing 101