Detroit Marketing Online Retail 
PYMNTS
FEBRUARY 1, 2021
While the wisdom and strategy can be debated, there is no arguing the fact that GM’s decision to wean itself — and the world — off of fossil fuels will have tectonic effects that will be felt far beyond Detroit, and will take along for the ride scores of ancillary businesses that keep America’s love affair with the automobile rolling.
PYMNTS
JANUARY 16, 2020
Close the door and buckle up – retail automotive sales are getting an upgrade. For instance, online marketplace and auction site eBay has released eBay Motors, a new app that uses AI to list a car in under five minutes, according to a report by The Verge. The Detroit office will be pivotal to the company’s future plans.
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PYMNTS
JANUARY 10, 2020
Coffee retailers are tapping into digital technology that helps them grow their reach beyond their stores, especially in China, where competition has been brewing between Chinese coffee chain Luckin Coffee and Starbucks. Luckin is hardly the only retailer tapping into the potential of vending machines. states and 24 countries.
PYMNTS
DECEMBER 6, 2019
Vroom , an online marketplace for buying and selling vehicles, has raised $254 million in a Series H funding round, according to a release by the company. Vroom said it will use the capital to invest in expanding its workforce, technology, operations and marketing, as well as products. Durable Capital Partners led the round, and T.
PYMNTS
SEPTEMBER 7, 2020
The trajectory is similar to that of the housing market, in which the low interest rates and fewer homes available have driven up the prices, WSJ writes. The trend is one that has benefited Detroit automakers that have specialized in those vehicles for years. The pandemic has disrupted all of that.
PYMNTS
MAY 11, 2018
Online brands continue their march into the offline world as Shopify and Warby Parker announce plans to open brick-and-mortar locations in the coming months. For Shopify, a Canadian eCommerce platform that helps artisans and other small merchants do business online, this will mark its first foray from the virtual world into the real one.
PYMNTS
APRIL 23, 2019
is a tough market – and getting tougher. While players both big and small were making digital investments like online ordering and delivery services, the report notes, Kroger lagged behind and stayed focused on its stores. Online purchases account for just 5 percent of the roughly $1 trillion U.S.
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