article thumbnail

Kroger, Walgreens Pool Resources In Retail Procurement Alliance

PYMNTS

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. trillion market. “It The food industry is a $1.5

Resources 132
article thumbnail

Why Brick-And-Mortar Merchants Are Tapping Into Unattended Retail

PYMNTS

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.

Retail 198
Insiders

Sign Up for our Newsletter

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

article thumbnail

Impossible Foods CFO David Lee Goes To AppHarvest

PYMNTS

As president of AppHarvest, Lee will be in charge of developing strategy and working on managing operations, leading sales, marketing and finance functions as the company continues to grow. 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.

Kentucky 159
article thumbnail

Retail Pulse: Wayfair Opens Mall Store; Banana Republic Unveils Style Passport

PYMNTS

Online furniture retailers are stepping further into the world of physical retail with permanent brick-and-mortar stores. Retail furniture is no stranger to the brick-and-mortar world. After experimenting with the pop-up shops, it was reported in February that the company would be opening an outlet store in Kentucky.

Retail 109
article thumbnail

Retail Labor Shortage Concerns Deepening

PYMNTS

A good economy is good news for retailers in a variety of regards. But for retailers going into the holiday season 2016, a good economy is creating yet another headwind for physical retailers who’ve spent much of the year being buffeted constantly by market pressures. percent in August, a drop from 5.1 ”

Retail 100
article thumbnail

Can The Santa Experience Save Brick-And-Mortar Retail This Holiday Season?

PYMNTS

Bloomberg reports that there is a group of Trappist monks in Kentucky who are changing the face of that dessert with their whiskey-soaked handmade fruitcakes. Santa: The Original Experiential Retail Strategy. And while much has changed in retail, Santa’s popularity has not. Nick in their windows to appeal to children.

Retail 136
article thumbnail

Fabletics Announces Brick-and-Mortar Expansion

PYMNTS

Activewear brand Fabletics , which was co-founded by Kate Hudson in 2013, announced plans for a retail expansion across the U.S. The company confirmed that the new locations will bring the brand’s total retail store count to 30 locations throughout the U.S.

San Diego 190