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Alibaba Bids For Metro Brick-And-Mortar Stores In China

PYMNTS

One of the hottest battlegrounds in eCommerce these days — and that includes global, multi-pronged, behemoth eCommerce operators — is a firm in the physical world, the brick-and-mortar stores and chains that, for various reasons, are increasingly attractive to the likes of Amazon , Alibaba and others. Store Woes. shopping mall. billion ($1.17

Metro 148
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Metro Cash And Carry Launches App To Help India Shops Digitize

PYMNTS

The Indian arm of German retailer Metro Cash and Carry has announced the launch of an app for kirana stores, allowing retailers to order stock, keep a check on inventory, and facilitate payments directly from their smartphones. There are plans to launch the app across all of its 27 stores in 17 cities in the near future. “The

Metro 110
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libaba Bids for Metro Brick-and-Mortar Stores in China

PYMNTS

One of the hottest battlegrounds in eCommerce this days — and that includes global, multipronged, behemoth eCommerce operators — is a firm part of the physical world, the brick-and-mortar stores and chain that, for various reasons, are increasingly attractive to the likes of Amazon , Alibaba and others. Store Woes. billion euros ($1.17

Metro 100
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Retailers Eye Industry-Shaking Innovation With Accelerators

PYMNTS

Retailers are turning to accelerators to drive innovation, and Target is taking its program to the international stage: It is teaming up with Germany’s wholesale and food specialist METRO AG for its cohort this year. They will also visit the headquarters of Target in Minnesota and METRO’s Accelerator headquarters in Berlin.

Retail 140
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Costco’s First China Store Signals Broader Retail Trend Into Foreign Markets

PYMNTS

continues to grow its eCommerce and grocery operations – same-day grocery delivery is now available to most of the store’s members, the company recently said – as the merchant continues to bask in the glow of besting Amazon in an important customer satisfaction index. Additionally, the smartphone market is getting saturated.

Marketing 101
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How A Retail Incubator Could Produce The Next Big Innovation

PYMNTS

One example in retail and payments is tech incubators — specifically, those run by specific companies and brands, a trend that shows signs of growing even more in the 2020s (which, let us remind you, are only a few months away). That experience is one that is hard to gain as a vendor with new and exciting retail technology in the market.”.

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Restaurant Operator Blames Bankruptcy On Wage Hike

PYMNTS

an eatery operator with 35 restaurants, has filed for bankruptcy and is blaming the misfortune on a recent minimum wage hike in court filings, according to a report by Bloomberg. As a large employer in the Seattle metro market, for instance, the company was one of the first in the market to be forced to institute wage hikes.”.