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Retailers Rethink Store Concepts, Digital Strategies Amid New Realities

PYMNTS

Traditional retail locations, ranging from fashion and home furnishings to hardware and department stores, have been forced to make significant changes in the face of heightened competition from eCommerce giants like Amazon and omnichannel powerhouses, like Walmart and its online unit, Jet.com.

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QSRs Battle For US Sales With Online Delivery And Payments

PYMNTS

Already, a cashless store concept is already up and running in a Seattle pilot. Touchscreen self-ordering kiosks, a new mobile pay app, dedicated pickup areas for mobile orders, digital menu boards and, yes, in-store WiFi will make up its digital strategy. But there are no official reports on its next planned expansion.

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FinTechs Prove Their Value During Pandemic

PYMNTS

He cited American Express’s acquisition three months ago of online lender Kabbage as an example. He uses 1990s Walmart as an example of a dominant global incumbent that went about its business while a startup from Seattle called Amazon exploded into the online retailing scene. Or consider Sears.

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