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Kroger, Walgreens Pool Resources In Retail Procurement Alliance

PYMNTS

Kroger and Walgreens are expanding their partnership to create a new group purchasing organization (GPO) called the Retail Procurement Alliance, which will pool resources to cut costs and advance innovation, the companies said in a press release on Wednesday (Dec. and reinvent critical components of our sourcing practices.”

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Fabletics Announces Brick-and-Mortar Expansion

PYMNTS

Activewear brand Fabletics , which was co-founded by Kate Hudson in 2013, announced plans for a retail expansion across the U.S. The company confirmed that the new locations will bring the brand’s total retail store count to 30 locations throughout the U.S.

San Diego 190
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Kroger And Walgreens Expand Pilot To Include Kroger Express, Home Chef Kits

PYMNTS

and Walgreens announced Tuesday (December 4) that the two are expanding a pilot announced in October to introduce Kroger Express and Home Chef retail meal kits. We are redefining the customer experience in a variety of ways through Restock Kroger, including innovative partnerships like our test-and-learn pilot with Walgreens.

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PetSmart Continues Brick-And-Mortar Expansion With More Store Openings

PYMNTS

Pet goods retail chain PetSmart announced Thursday it had opened 28 new brick-and-mortar storefronts in North America during the quarter that ended Nov. In addition to our store growth, we continue to take steps to further enhance the customer experience. 1, 2017, with new locations spanning the United States and Canada.

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Walmart’s Allswell Goes On Tour; Target To Expand Debut Of New Loyalty Program

PYMNTS

Startups in the eCommerce space have long enabled their customers to experience their products in real life (“IRL”) through temporary retail shops, and now, digitally-focused brands belonging to major retailers are taking a similar approach. Fashion retailer Charlotte Russe , which has over 500 stores in the U.S.,

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The Grocery Report: New Products, New Partnerships And New Channels

PYMNTS

Moreover, in the two years since Amazon officially closed its deal to purchase Whole Foods , the grocery retail landscape has become a series of maneuvers and counter-maneuvers in an attempt to gain the customer’s favor. Walgreens customers have responded very favorably to the Kroger Express pilot in northern Kentucky.

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How Can Banks Thrive in the Next Five Years?

Jeff For Banks

Firstly, commercial banks are significantly funded with retail deposits. Identify your highest lifetime value (LTV) customer cohorts. Both businesses, by industry types, and retail, by retail demographic types. And a branch, on average, cost about 1% of deposits in direct operating expenses.