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Reseller Market Maintains Momentum With Nordstrom’s Entry

PYMNTS

For See You Tomorrow, Yerdle will power all backend operations including cleaning and repairing of product, inventory processing and fulfillment, pricing and authentication. percent of StockX sales had a retail multiple of 1x to 2x , meaning that resale prices were between zero and 100 percent over retail. It says some 57.5

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Amazon Tracker: Busy Week

PYMNTS

Currently, Amazon hopes to take advantage of recently loosened restrictions on foreign retailers in India by expanding its online grocery venture into the nation of some 1.3 Over the past few years, Amazon has invested billions of dollars in establishing a presence in India’s fast-growing online retail market. in 2017, said GeekWire.

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Groupon Tries To Reach A More Lucrative Consumer Base

PYMNTS

No offense against Groupon, the relatively longstanding online discount provider, but the spotlight hasn’t been shining so brightly on the Chicago-based company in recent years. A study by eMarketer shows that most people, especially millennials , prefer to chat or message instead of calling on the phone. More Losses.

Cards 100
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What Serving The Internet’s ‘Underserved’ Means For Payments

PYMNTS

That matters because as time goes by and existing cities become prohibitively expensive — think San Francisco, New York City and Los Angeles, with Chicago, Boston and other areas not far behind — many younger, well-educated consumers are making moves to exurban or even rural areas, or smaller cities. communities. Government Efforts.

Payments 131
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Meal Kit Providers Exit Q2 With Industry In Major Flux

PYMNTS

With millennials working multiple gigs, very few have enough time left to make a proper meal — if they aren’t eating out at a local restaurant. Blue Apron opened up an experiential pop-up retail location in New York City, which featured cooking classes and celebrity chefs. The pop-up opened after Memorial Day and closed in late June.

Industry 100
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Ripple Effects: Mobile Payments Are Just The Beginning

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Cohen owns a national distribution network and deals with some of the nation’s biggest retailers. His aim is to change the way that the thousands of cases of retail goods are stored, handled and hauled. But it’s not just the retailers trying to cut costs who are embracing technology.

Mobile 100
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Lyft Wants To Reward Consumers Who Sell Their Cars

PYMNTS

7), the transit-as-a-service operator is offering car and truck owners looking to offload their vehicles a deal: Sell those vehicles via online retail service Carvana and get in return $250 worth of Lyft credits, plus three months of free membership in Lyft’s new Lyft Pink membership subscription program.