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Reseller Market Maintains Momentum With Nordstrom’s Entry

PYMNTS

While “reselling” or “secondary market” are more likely to keep ownership of this burgeoning market, the reselling market is reinventing itself for 2020. For See You Tomorrow, Yerdle will power all backend operations including cleaning and repairing of product, inventory processing and fulfillment, pricing and authentication.

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IKEA Gears Up For First Store In India

PYMNTS

The company decided to create the team after research showed that many consumers in the local market would not want to assemble furniture on their own, The Wall Street Journal reported. Beyond assembly services, the new location will also stock products that are geared toward the preferences of the local market.

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Grocery Tracker: Time Crunch

PYMNTS

In acquisition news, Kroger recently announced its acquisition of iconic New York City-based cheese shop Murray’s Cheese. The two have yet to disclose the financial terms of the deal, but city records show that Kroger dropped $20.6 The rates were considerably higher among millennial consumers ( go figure ).

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Amazon Tracker: Busy Week

PYMNTS

The market cap sat at just over $407.5 First up, Amazon continues to grow its presence in the Indian market. Over the past few years, Amazon has invested billions of dollars in establishing a presence in India’s fast-growing online retail market. At the time of writing, AMZN stock was worth $854.71, up 0.28

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Why Grocers Are Providing Fresh Options For Digital Omnicommerce Shopping

PYMNTS

Omnichannel features are becoming more crucial as tech-savvy millennials gain more spending power and influence, according to the PYMNTS Enterprise Retail Grocery Report. In July , Amazon expanded its Prime Now grocery delivery service by adding more areas of New York City along with three cities in Florida to the platform.

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What’s Your Commerce Horoscope?

PYMNTS

There are many mechanisms in the market designed to help match consumers to offerings that are suited to them. And then there are the businesses where astrology is not a side offering – it’s the entire core of the operation. Texting is the language of millennials and younger people today, so we really wanted to harness that,” he said.

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

PYMNTS

That matters because as time goes by and existing cities become prohibitively expensive — think San Francisco, New York City and Los Angeles, with Chicago, Boston and other areas not far behind — many younger, well-educated consumers are making moves to exurban or even rural areas, or smaller cities.

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