PYMNTS

OCTOBER 18, 2019

Brick-and-mortar retailers are joining forces with online reCommerce companies to bring pre-owned merchandise into their stores, adding to their sustainability efforts. They were to be available in some Chicago, Nashville, Austin and New York stores beginning on Oct. Madewell is no stranger to efforts in sustainability, however.

Retail 101

Retail Kansas City Nashville Kansas 101

PYMNTS

DECEMBER 26, 2019

This year, apps aimed to make it easier and more convenient for consumers to order their favorite foods and sundries, with restaurants and other retailers tapping into delivery. To help bring these options to more consumers, retailers and technology companies decided to join forces. and Chicago.

Retail 134

Retail New York City Los Angeles New York 134

PYMNTS

APRIL 12, 2016

It’s what’s turned the retail word upside down as consumers with their mobile devices have decided they’d rather buy from their couch with their mobile phone than schlep to the mall. In other words, kick the door wide open to remote retail. Meeting the consumer where they are. That’s the mantra of innovators everywhere.

Retail 100

Retail Technology Chicago Samsung 100

PYMNTS

AUGUST 27, 2018

It’s a good time to be a retail chain. Retail Ascent. Retail is on the ascent. In July, retail sales increased 0.5 Economists had only forecasted retail sales going up 0.1 percent, online and mail-order retail sales increased 0.8 Retailer Woes. Yeah, really. percent, and grew 6.4

Retail 100

Retail Los Angeles Milwaukee Chicago 100

PYMNTS

FEBRUARY 19, 2020

But Foxtrot, a small company out of Chicago, is reinventing convenience store retail and taking it uptown. It’s an ambitious business model, which so far has been limited to eight locations in Chicago, but certainly enough to prove the concept for LaVitola, who is an investment banker by trade, and his team. in Q1 2019 to 53.1

Chicago 130

Chicago Washington Retail Dallas 130

PYMNTS

FEBRUARY 19, 2020

But Foxtrot, a small company out of Chicago, is reinventing convenience store retail and taking it uptown. It’s an ambitious business model, which so far has been limited to eight locations in Chicago, but certainly enough to prove the concept for LaVitola, who is an investment banker by trade, and his team. in Q1 2019 to 53.1

Chicago 130

Chicago Washington Retail Dallas 130

CB Insights

FEBRUARY 13, 2020

As businesses and consumers become more comfortable using credit cards online, the proportion of US commerce that takes place online has steadily increased over the last 20 years. Specifically, the Collisons aimed to more seamlessly connect online businesses and payment processors, allowing more businesses to accept online payments.

Online 98

Online Company Retail Payments 98

PYMNTS

JUNE 11, 2020

The digital shift continued to show its dramatic potential to change retailing today, as three companies announced major changes to their business models. No less than Sam’s Club, Starbucks and fashion high-flyer Zara have made adjustments to online ordering and purchasing. The answer: fewer stores and a more concerted push online.”.

San Francisco 130

San Francisco New York City Retail Branding 130

PYMNTS

OCTOBER 23, 2020

In the longer run, the service will grow over the next several months to the grocer’s 570 retail locations throughout California, Illinois, Pennsylvania and Florida. According to Amazon, the COVID-19 pandemic has triggered a massive move to online grocery shopping, home delivery and curbside pickup. Everybody Loves Walmart .

Arizona 170

Arizona Chicago Georgia Phoenix 170

PYMNTS

AUGUST 6, 2020

At the same time, Adidas suffered an operating loss of 333 million euros ($394 million). The losses came despite what the sneaker giant called “exceptional growth” of its online sales. Online sales accounted for more than a third of Adidas’ business, which includes sales through its own website and from its partners.

Chicago 221

Chicago Online Branding Operations 221

PYMNTS

JUNE 12, 2018

The huge growth in online shopping is not only keeping inflation at bay, but it is throwing off how inflation is measured. We don’t have as good measures of the economy as we should, in part because there are many new digital goods and new online channels,” Erik Brynjolfsson, director of the M.I.T. percent. “A

New York 101

New York Online Chicago Comparison 101

PYMNTS

JANUARY 16, 2019

That is, retailers are taking a page out of a playbook set by retailers like the now-closed B. Saks Fifth Avenue is one of the retailers falling into this trend with a new eatery called L’Avenue at Saks in New York City, which is the same locale where Lord & Taylor is closing to make way for a WeWork headquarters.

Chicago 186

Chicago New York City Retail United States 186

PYMNTS

NOVEMBER 14, 2019

The latest example of the power of those digitally-enabled innovative efforts comes from online freight marketplace operator Convoy. Founded in 2015, Seattle-based Convoy is among the biggest operators of online marketplaces that match truckers with shippers needing to move cargo,” the report said. Rowe Price Associates.

Innovation 116

Innovation Chicago San Francisco Seattle 116

PYMNTS

APRIL 22, 2019

“We look at Recess’ launch on Uber Eats as another distribution channel for the brand, with Recess IRL [the company’s New York shop] serving as the storefront for on-demand delivery operations,” said Benjamin Witte, founder and CEO of Recess. We also believe that a retail presence across every channel (online, retail, on-demand, etc.)

New York 172

New York San Francisco New York City Boston 172

PYMNTS

FEBRUARY 11, 2020

The $40 million infusion will allow Deliverr to apply machine learning capabilities to predict demand and inventory, attract new clients and scale its team in San Francisco, Chicago and Toronto. “We We now live in a world where consumers expect their online purchases to arrive at their doorstep almost instantaneously.

San Francisco 131

San Francisco Capital Retail Chicago 131

PYMNTS

JULY 6, 2020

A new Amazon Go grocery store will soon open in Bellevue, Washington, and the tech giant has further plans to expand its cashierless Amazon Go grocery stores in Seattle, California, Chicago and Washington, D.C. The rules would also require that the government have access to online companies’ sources and algorithms.

US 130

US Washington Payments Seattle 130

PYMNTS

MARCH 30, 2018

While lockers are often associated with Amazon and Whole Foods , Macy’s has been using lockers for a buy-online-pickup-in-store program. The retailer is continuing to test the lockers through an installation at a New Jersey store per a tweet from a Fortune writer, industry news source Chain Store Age reported.

New Jersey 100

New Jersey Chicago Retail Report 100

PYMNTS

OCTOBER 19, 2017

25), 10 Kohl’s locations in Los Angeles and Chicago will be selling Amazon smart home devices and accepting Amazon returns in stores, CNBC recently reported. The companies hope the relationship will draw more consumers to retail locations and facilitate the return of unwanted items by Amazon shoppers. “I Beginning Wednesday (Oct.

Los Angeles 100

Los Angeles Chicago Retail Examples 100

PYMNTS

OCTOBER 9, 2018

The changing nature of retail has been challenging for pharmacies. Sales of things like personal care products, cosmetics and various other household goods have been slipping, as consumers are increasingly stocking up online or at alternative retail venues like dollar stores for those types of items. in early 2019.

Los Angeles 158

Los Angeles Chicago New York City Minneapolis 158

PYMNTS

JUNE 8, 2018

That decision came after the retailer previously said that it would retain part of the historic 11-story structure for retail space. But that plan changed as Lord & Taylor — like many retailers — decided to sell off key assets and double down on digital. Other retailers are evaluating closing more locations in the future.

New York City 109

New York City New York Chicago Retail 109

PYMNTS

OCTOBER 21, 2016

Retailers that are unable to call on substantial financial reserves are struggling in the current environment. Consumers want everything these days, from online shopping with one-click ordering and fast delivery to an exciting and high-tech shopping experience at physical stores. Here’s an update on some of the recent casualties.

Retail 100

Retail Marketing Branding Austin 100

PYMNTS

MARCH 23, 2018

Their idea was to go out and find Chicago’s best products — the best donut or the best beer, for example — and then deliver those items to people in downtown Chicago in 60 minutes. In 2014, Foxtrot launched online, but the company opened its first brick-and-mortar store a year later. The Online Grocery Market.

San Francisco 116

San Francisco Chicago Online Retail 116

PYMNTS

MAY 24, 2018

” Chicago-based Home Chef employs about 1,000 employees and operates three distribution centers in Chicago, Atlanta and San Bernardino. Upon completion of the deal, Home Chef will operate as a subsidiary of The Kroger Co., maintain its eCommerce business and continue to operate its offices and facilities.

Company 100

Company Chicago Atlanta Innovation 100

PYMNTS

FEBRUARY 11, 2020

Called See You Tomorrow , its “re-commerce experience” will include an online marketplace and brick-and-mortar location housed in the Nordstrom New York City flagship store on 5th Avenue. Nordstrom has not yet launched its online intake program where customers will have the ability to mail in merchandise. It says some 57.5

New York City 124

New York City Marketing New York Los Angeles 124

CB Insights

OCTOBER 9, 2018

Traditional retail is getting an upgrade. Despite the rise of e-commerce and mobile, the physical channel still plays an important role in consumer experience — and retailers are increasingly leveraging technologies to stay afloat. Get the entire 54-page retail report. Why Are retailers are pivoting towards cashier-less retail?

Retail 71

Retail Technology San Francisco Mobile 71

PYMNTS

AUGUST 6, 2019

Struggling to compete with online brands, famed Big Apple luxury retailer Barneys New York has put itself up for sale and filed for bankruptcy protection, according to a report by Reuters. . Barneys wants to keep its main store in Manhattan, and also four other locations.

New York 108

New York Branding Las Vegas Seattle 108

PYMNTS

MARCH 9, 2017

While much has been made in the past few months about Amazon’s grocery store of the future, Amazon Go isn’t the online retailer’s only brick-and-mortar play — and a new move indicates that Amazon looks to continue expanding its physical retail presence outside of the grocery space. That’s not all.

New York City 109

New York City New Jersey Seattle Chicago 109

PYMNTS

JULY 22, 2019

Once the transaction closes, Reverb will continue to operate as a standalone business. Vibrant two-sided marketplaces are lightning in a bottle — there are only a handful of them operating at scale — and Reverb is one,” said Etsy CEO Josh Silverman in a press release.

Marketing 109

Marketing Community Chicago Operations 109

PYMNTS

NOVEMBER 14, 2017

Brick-and-mortar retailer of arts and crafts supplies, A.C. An eCommerce player, Bitsy sells arts and crafts retail products online. Moore’s brick-and-mortar retail strength and expertise in product sourcing with Blitsy’s eCommerce track record, serving the handicraft needs of shoppers around the world.

Chicago 116

Chicago Retail Industry Branding 116

Bank Innovation

JANUARY 28, 2019

The Chicago-based bank is dealing with the fallout from a glitchy launch last week of its new mobile banking […].

social media 186

social media Chicago Mobile Company 186

PYMNTS

FEBRUARY 22, 2017

In a twist on contemporary retail trends toward online channels, consumers still largely prefer to return in-store. One logistics technology startup is working to solve the problem of physical returns for digital retailers. If all’s well, Happy Returns signals the retailer to refund the customer. “We’re

Los Angeles 107

Los Angeles San Francisco Retail New York City 107

PYMNTS

JULY 22, 2019

Once the transaction closes, Reverb will continue to operate as a standalone business. Vibrant two-sided marketplaces are lightning in a bottle — there are only a handful of them operating at scale — and Reverb is one,” said Etsy CEO Josh Silverman in a press release.

Community 100

Community Chicago Operations Retail 100

PYMNTS

NOVEMBER 5, 2020

But after the war in 1872, Aaron Montgomery Ward of Chicago produced a popular catalog for his mail-order business. retail, the first products the company sold were diamonds, watches and jewelry — exactly where Tiffany started. demand for jewelry. put out its first catalog. And because everything seems to come full-circle in U.S.

Retail 171

Retail United States Chicago US 171

PYMNTS

MAY 31, 2018

The paper reported that, in May, the online retailer “added two directors to its 11-member board that were nominated by activist investor Starboard Capital. Cars.com, based in Chicago, launched in 1998 and became a public company in 2017 in its spin-off from TV broadcaster and digital media firm Tegna. and autoscout24.de.

Indiana 105

Indiana social media Illinois Georgia 105

PYMNTS

AUGUST 12, 2019

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. In the second quarter of 2019 , the company reported a net loss from continuing operations of $38 million, compared to $92.3 More Losses.

Cards 100

Cards United States Online Chicago 100

PYMNTS

OCTOBER 17, 2017

At the same time, former retail rivals and now-partners Grubhub and Yelp are agreeing to a five-year alliance that includes the integration of Grubhub ordering into Yelp’s listings. Both Groupon and Grubhub are Chicago-based, although OrderUp calls Baltimore home. Grubhub pays a “partnership fee” for orders placed through Yelp.

Baltimore 138

Baltimore Boston Chicago Mobile 138

PYMNTS

MAY 16, 2017

That was, until just a few years ago, when eCommerce started to pick up steam and people started buying their furniture online from places like Wayfair and Overstock.com. One company that’s helping to move the ball for many living in various space sizes is startup on-demand furniture company Interior Define, based out of Chicago.

Chicago 115

Chicago Policies Company Industry 115