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Sales Were Up, Foot Traffic Was Too — But Lowe’s Disappointed Investors

PYMNTS

housing market and the increasing transition of the millennial generation into home ownership mode. Lowe’s also plans to grow its supply chain by opening its first direct-to-consumer fulfillment center in Nashville, Tennessee. As of the close of the market yesterday, Lowe’s shares climbed more than 25 percent from a year ago.

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Retail Pulse: IKEA To Open ‘Planning Studio’ In NYC; Pizza Hut Will Acquire QuikOrder

PYMNTS

Yet the move comes as IKEA has curtailed its planned new stores, having canceled planned locations in North Carolina, Arizona and Tennessee amid a shift to eCommerce. CityLab , too, reported that the company’s market research found those who live in the Big Apple continue to like to shop in stores for furniture. restaurants.

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What Serving The Internet’s ‘Underserved’ Means For Payments

PYMNTS

And some of those areas and cities — Chattanooga, Tennessee stands as a good example — are striving to become more attractive to millennials and others, with better internet a big part of such efforts. I really don’t think it will upend our market,” he said. “If If they can help some people we cannot help, that’s great.

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Ohio Lottery Makes A New Bet on Mobile

PYMNTS

But playing and delivery methods keep changing, with Ohio of all places — no offense to the Buckeye State, home to multiple presidents and the Wright Brothers’ aerodynamic innovations — accounting for some of the latest developments. In a handful of states, including Tennessee and South Carolina, lottery tickets may only be bought with cash.”

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AI Will Put 10 Million Jobs At High Risk — More Than Were Eliminated By The Great Recession

CB Insights

With the emergence of industry-specific AI, the effects of automation — initially felt in manufacturing — are seeping into retail sales, restaurants, e-commerce, marketing, and even software development. Outsize impact on the labor markets. The outsize impacts on the labor markets. How corporations are harnessing automation.

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We analyzed 7 of the fastest-growing personal finance apps of all time to figure out the secrets to their success — here’s what we learned

CB Insights

Ninety-two million millennials will soon be in what Goldman Sachs calls their “prime spending years.” It’s even harder when your target market would rather never think about what you’re trying to sell them — retirement, for example. Below, we’ll show you: How to use pre-launch marketing to build trust and hype.

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