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Shogun Brings Big Retail Tech To Digital-First Retailers

PYMNTS

When he first came up with the idea for an eCommerce technology company, Co-founder and CEO Finbarr Taylor was in the process of plowing through this story of medieval Japan. He needed a name for the company and liked the book. It will be used to scale their platform and build out sales and marketing, executive and engineering teams.

Retail 226
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Retail SMBs Face Up To Q4 Marketing Opportunities

PYMNTS

For retailers, the fourth quarter of 2020 is likely to see a media blitz that will make other years pale in comparison. Unspent budget from big box retailers will be let loose as early as Oct. There are many critical aspects to SMB retail media strategy but two stand out this year: when to advertise and where to advertise.

Retail 169
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Future Retail To Amazon: Stop Meddling In $3.4B Asset Sale

PYMNTS

Future Retail is attempting to prevent partner Amazon from meddling further in its $3.4 Now, Reuters reported Amazon is lodging a complaint with India's market regulator. percent stake in Reliance Retail. billion asset sale deal with Reliance Industries and has challenged the U.S. But Future said that order is non-binding.

Retail 230
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Kroger, Ocado To Build Regional High-Tech Fulfillment Centers

PYMNTS

The Kroger Family of Companies, the nation’s largest supermarket chain, and Ocado Supermarket Co., Through our strategic partnership, we are engineering a model for these regions, leveraging advanced robotics technology and creative solutions to redefine the customer experience.”.

Regional 131
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Retail Rental Payments Make Comeback

PYMNTS

Retailers are starting to pay the rent. The report is confirmation that reopened retail stores are generating revenue despite high unemployment and regional pandemic spikes. The report is confirmation that reopened retail stores are generating revenue despite high unemployment and regional pandemic spikes.

Retail 164
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Today In Retail: CarLotz Looks To Launch Hub Network; Build-A-Bear Anticipates eCommerce Jump

PYMNTS

In today’s top retail news, CarLotz, Inc. Plus, retail rents have fallen to historic lows in the Big Apple amid the coronavirus pandemic. The firm will expand into the Seattle–Lynnwood, Washington market and will also provide a hub for the Orlando–Merritt Island, Florida area. Retail Rents Plummet In NYC As Vacancies Rise.

Retail 131
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Early Days: AI Shows Promise And Limitations For Retailers

PYMNTS

Start creating more customer data to feed the algorithm and then you too can join the artificial intelligence (AI) retail revolution. Retailers can engage with an “AI lite” strategy that produces lookalike customer data and a level of predictive analytics. But the present and future of AI in retail is much richer. Not so fast.

Retail 203