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Supply Chain Hiccups Sink The RealReal’s Q2

PYMNTS

The drop was tied to closings at its two New York City physical locations and reduced supply for its consignment business model in New York and Los Angeles. The RealReal operates four stores, two in New York and one each in Los Angeles and San Francisco. And Los Angeles is picking up.

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CUs Use AI, Cloud-Based Tools To Drive Member Engagement

PYMNTS

Looking ahead at 2021, positive signs are on the horizon for the industry despite strains on CU operations due to the pandemic. CU members who reported shopping online at least several times a week increased by nearly 50 percent since the pandemic began last spring. Around The Credit Union Landscape .

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When QSRs Think Really Outside The Box In The Innovation Race

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The realm of quick service restaurants (QSRs) is and actually always has been a pretty innovative space. The drive-thru window, for example, first met the market in 1947 when it was introduced to the world by Sheldon “Red” Chaney, operator of Red’s Giant Hamburg in Springfield, Missouri. Each has a Whopper, French fries and a drink.

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Canada’s Aritzia Opening Second Chicago Location

PYMNTS

is expanding in Chicago as it targets both brick-and-mortar and online expansion. The Vancouver, British Columbia–based company already operates a store in the Windy City, at Water Tower Place. Aritzia also recently debuted in Los Angeles, opening a 10,000-square-foot flagship at Westfield Century City.

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Retail's Digital Shift, SPACs, And DoorDash's IPO Plans Top This Week's News

PYMNTS

Not only have retail sales shifted online, but more consumers are buying more of what they want directly from the brand. Six in 10 consumers are shopping more online and less in stores than they did before the pandemic. Six in 10 consumers are shopping more online and less in stores than they did before the pandemic.

Retail 208
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Kids’ Eyeglasses Get A Mobile And 3D Makeover

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The needs of children are a driving force for online and mobile innovation and disruption. It’s not exactly unusual these days, of course, to find multiple eyeglass options online for both adults and children – the purchase of glasses was traditionally an expensive and friction-filled process before the spread of online sales.

Mobile 153
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How Connected Consumers Order Ahead During Their Commutes

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From SPOT to Starbucks , online platforms and retailers are providing consumers with new ways to place orders or make purchases from the car. SPOT serves cities including Los Angeles, Miami and Philadelphia, per a report last year. company-operated transactions. Currently, 58.7 times a year. times a year. times a year.