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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.

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Why Pets Are Pulling Retail Innovation’s Leash

PYMNTS

Pet retail is having a moment, with innovation and other efforts helping merchants better reach owners of dogs, cats and other household animals. Pawscout, as it turns out, just launched its $20 pet tags in Walmart — and is selling the product via other retailers, Chavez told PYMNTS. physical retail landscape.

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The Home Depot Ramps Up Distribution To Meet Demand From Remodelers

PYMNTS

Retail has changed more in the past four years than in our company’s 40-year history. The largest of the three new Georgia operations, according to Home Depot, is a 657,000-square-foot distribution center in Locust Grove. The community is about 35 miles southeast of Atlanta on Interstate 75. population.

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Amazon Speeds Up Deliveries In Four Cities

PYMNTS

Amazon has established smaller warehouses around Dallas, Phoenix, Philadelphia and Orlando to make its same-day deliveries faster. . We’re proud of the fact that our Same-Day services are driven in partnership with local communities where we operate and made possible by the people who live there.

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5 New Year’s Resolutions For Any Sized Bank That You Must Get Right in 2023

South State Correspondent

In addition, they may consider focusing on these five critical areas: Improve Operating Leverage. To improve the quality of their earnings, banks need their number one focus to be on making their operations more efficient. To the extent projects improve operating leverage and the total experience, so much the better.

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Wardrobe Expands Fashion Rental Concept With New Acquisition

PYMNTS

With its recent purchase of Dallas-based Rent My Wardrobe, it is gaining a geographic footprint in the southern U.S. I believe financial independence is the highest form of feminism, and I conceived Rent My Wardrobe as a monetization platform built around a community of women supporting each other.”. “I Reinvention, he said, is key. “We

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Car Vending Machine Company Carvana Goes Up Against Wall Street

PYMNTS

billion, on an 82 percent increase in retail sales. The analyst community balked at longer-term questions about the company’s liquidity even though 2019 was the company’s sixth straight year of triple-digit revenue growth with over 177,000 cars delivered and just shy of $4 billion in revenue. In 2019, we increased GPU by $750.

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