PYMNTS
SEPTEMBER 5, 2020
But we come this week not to bemoan the losses of Labor Day 2020, but to praise the innovators who’ve worked overtime to keep at least some of the holiday’s events going — albeit in digital form. For example, the Kentucky Derby will be run on Saturday (Sept. 5) for the 146th time this weekend after being postponed from its normal May.
PYMNTS
DECEMBER 11, 2019
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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PYMNTS
DECEMBER 28, 2018
Shoppers had new opportunities to buy groceries without having to walk through the aisles of their local supermarkets or wait in line at checkout counters this year, as grocers rolled out digital innovations in shopping and payments. It allows them to fully immerse themselves into the retail space with convenience and efficiency.”
PYMNTS
MARCH 25, 2019
To help meet customer expectations in the digital age, retailers have to know who their shoppers are and what they want. While eTailers already have this information about consumers, brick-and-mortar retailers don’t have this in-depth knowledge. The number of Kentucky Fried Chicken locations to adopt kiosks by 2020 is 5,000.
PYMNTS
JUNE 21, 2019
These hubs for travel retail, which are providing an audience of on-the-go travelers as U.S. shopping malls are on the decline, are also becoming locations where brands are innovating with products. However, the company’s luxury unit is continually on the uptick — and travel retail is said to be partly responsible.
PYMNTS
JANUARY 7, 2021
AppHarvest is working to build indoor farms, combining the conventional agriculture technique with innovative tech to grow affordable fruits and vegetables at scale, the release stated. The company expects to begin its first harvest from its flagship farm, which is a 60-acre facility growing tomatoes in Morehead, Kentucky, this month.
PYMNTS
AUGUST 23, 2019
Online furniture retailers are stepping further into the world of physical retail with permanent brick-and-mortar stores. The new location comes with a digital innovation, the Wayfair Home Bar, which helps customers visualize how Wayfair’s products fit into a room. Retail furniture is no stranger to the brick-and-mortar world.
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