article thumbnail

Fleet Feet: Running Shoe Retailer Sprints With Technology

PYMNTS

Americans are exercising through the pandemic. The Carrboro, North Carolina-based chain has used its technology-first strategy to get, keep and grow its customer base – even while its stores were shut down early in the pandemic. Fleet Feet has come up with proprietary technology to address that.

article thumbnail

Predictive Analytics Are Retailers’ Crystal Ball

PYMNTS

Can predicting the future help retailers and other organizations avoid negative outcomes? It’s not just a thought exercise: By analyzing the past, organizations can shape the future they want to see, starting with creating the best possible user experience. On a retail site, Sweary continued, the goal is for people to buy.

Analytics 152
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Lululemon CEO: ‘We’re Building More Stores’

PYMNTS

Don’t tell retail executive Calvin McDonald that construction of brick-and-mortar stores is a thing of the past. McDonald said unlike some of its competitors, the upscale retailer is still in its infancy when it comes to growth. “We He told Bloomberg that he hopes the move pays off as some retailers vacate prime spots. “We

Exercises 176
article thumbnail

Steeping Convenience With Tea Technology And Subscriptions

PYMNTS

The company uses a cold steep technology to prepare its tea packets. As it stands, the two main technologies for making a beverage instant have some downsides (e.g. And the more Lamancusa read about the process, the more he realized it was a viable technology for food as well. Steeping Instant Tea.

article thumbnail

Walgreens Adds To Digital 3.0 Momentum

PYMNTS

The digital shift at retail continued its momentum this week as Walgreens and Lululemon both made significant moves to embrace the online consumer experience. Meanwhile, Lululemon announced plans this week to buy home-exercise technology startup Mirror for $500 million.

Exercises 249
article thumbnail

The Fastest Growing Retail Categories Are…?

PYMNTS

A new study by The NPD Group found that anything related to health and wellness ­­— like wearable technology , basketball gear, sweats and active bottoms (AKA exercise pants), running products, outdoor sports and toys, running gear, portable beverageware — were among the fastest-growing retail categories between Dec.

Retail 100
article thumbnail

Why Lululemon’s $500M Mirror Deal Is A Muscular Move Into ‘Contextual Commerce’

PYMNTS

In a move that caught much of the world off guard, athleisure giant Lululemon announced plans this week to buy home-exercise technology startup Mirror for an impressive $500 million. The world of personal fitness might never go back to a time where brick-and-mortar gyms were the central hub of exercise.

Exercises 195