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‘Costco For Millennials’ Attracts Big Investors

PYMNTS

A popular eCommerce retailer, which has been called the “Costco for millennials,” is attracting potential investors, according to The New York Post. With warehouses in New Jersey, Dallas, Las Vegas and Atlanta, Boxed offers bulk-sized products similar to those found at big warehouse retailers like Costco Wholesale.

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Mobile Ordering, The New Window To Winning Over Millennial Consumers

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It seems that most every industry these days is vying for millennial dollars and devotion. For an industry where millennials are projected to spend nearly $800 billion in 2017 (that’s 7 percent more on monthly food budgets than average Americans), restaurants are hankering to pull out all the stops to get millennials to order — in or out.

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Enticing Millennials With Experiences Using ?Neighborhood Goods?

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The old model of opening a retail store with merchandise as a main focus of the space may not appeal to today’s consumers – millennials in particular. These stores are relying on restaurants, bars, guest speakers and self-service technology to draw in customers in lieu of sales signs and deep discounts.

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Clover Food Lab’s Secret Sauce To Boosting Mobile Ordering

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Living up to their names, fast-casual and quick-service restaurants (QSRs) are embracing innovative technologies to help drive sales in the increasingly competitive restaurant industry. More restaurant owners are finding the ingredients to success in consumer-friendly technologies, such as mobile-ordering apps and self-service kiosks.

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Greyhound Drives Omnichannel Security With AI, Advanced Learning Tools

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Fraud could cost the market more than $25 billion this year, and approximately 20 percent of attempted travel-related transactions are confirmed to be fraudulent. Dallas-based busing line Greyhound is all too familiar with such problems, prompting it to implement advanced learning technologies to secure ticketing.

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Circuit City Still Eyeing Comeback, But Wants To Take Its Time To Get Things Right

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So, TWICE recently caught up with Ronny Shmoel, a former DataVision exec with experience in the New York area retail industry, who acquired the Circuit City brand last October from IT supplier Systemax , for an update on whatever happened to a Dallas prototype store promised for June and where things stand with the current revitalization efforts. “A

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Retail Pulse: Walmart To Boost Supply Chain In China; JD Sports Rides Athleisure Popularity

PYMNTS

Beyond the distribution center, Walmart China is enhancing its logistics efforts in the country with the help of technology. With the help of digital technology and distribution efforts to support its supply chain and logistics, Walmart China is aiming to enable omnichannel innovation while enhancing its service in the country. .

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