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Retail Pulse: FAO Schwarz To Open New Flagship; Amazon Expands Grocery Delivery

PYMNTS

Brick-and-mortar retailers have closed flagship locations in recent times, but sometimes these landmark stores make a comeback. The new store, which will be located at 30 Rockefeller Plaza, will feature multiple experiential retail components. The store will also offer magic shows and a grocery shopping experience designed for kids.

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Retail Pulse: Walmart Tests ‘Great Workplace,’ Sainsbury’s Opens Cashierless Store

PYMNTS

Brick-and-mortar retailers are changing the way they manage their workforces in the age of Amazon: Walmart , for instance, is testing multiple versions of a new team structure called the “Great Workplace” in some of its locations. In terms of Walmart’s other efforts, the retailer is also focusing on features such as grocery pickup.

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Experimental Robot In Supermarket Booted From ‘Job’

PYMNTS

Financial services firm Cornerstone Capital Group projected robots will capture between 6 and 7.5 million jobs over the next 10 years, slashing the 16 million-strong retail workforce by approximately 38 percent. It appears the retail robot revolution is already starting, too. A robot named Tally trawls the aisles of St.

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The Pros And Cons Of Robots In Retail

PYMNTS

Between automated checkout lines, online grocery ordering and meal kit services, it seems like the inexorable tide of progress is determined to wipe out millions of jobs across the retail and grocery sectors. Financial services firm Cornerstone Capital Group projected that robots will capture between 6 million and 7.5

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Mobile Payments: Adornments For the U.S., mVisa For The Unbanked In Nigeria

PYMNTS

Global Payments will also embed the retailer’s inventory catalog and digital receipts within the app, while consultants’ business activities can be recorded and reports pulled from a portal. Louis-based startup has defied the odds and raised $750,000 during a slowdown in funding for Fintech startups. for about four years.

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Chapter 11 Watch: Hockey Chain Put On Ice, California Livin’ Goes Bust In Hong Kong

PYMNTS

Brick-and-mortar retail will forever remember the day that Nintendo released Pokémon GO , a mobile game that has caused millions of millennials to suddenly discover outside again. Louis Business Journal is reporting that Missouri-based hockey equipment supply chain Total Hockey has filed for bankruptcy as of Wednesday (July 6).

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Fintech Fundings: 9 Companies Raise $73 Million Week Ending Dec 31

Fintech Labs Insights

If you add the $6 billion in new capital raised in the IPOs of Worldpay, Square and First Data, the 2015 total is a nice even $25 billion. Tipping system for retail point of sale. Social media management & compliance for financial institutions . Louis, Missouri. Credit risk management. Latest round: $3.03