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Digital-First Economy Redefines Retail And Consumer Behavior

PYMNTS

When it’s said and done there was only one story that mattered in the retail universe this year and it was the rise of the digital-first economy. More consumers are going online to shop and pay as the pandemic progresses. The numbers speak for themselves. It was the catalyst for most every business dynamic in the category.

Retail 295
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ALDI Expands Online Grocery Delivery To All US Stores

PYMNTS

ALDI has announced that it is expanding its online grocery delivery service to all of its stores in the United States. According to Chain Store Age , the German supermarket company will use its partnership with Instacart to roll out the service to 75 major markets, including San Diego, New York City, Miami, Raleigh and Minneapolis.

San Diego 173
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Today's Top Retail News: Holiday Spending Looks Flat; Target Meets Amazon Prime Challenge

PYMNTS

In today’s top retail news, holiday spending is expected to be flat this year, Bed Bath & Beyond rolls out same-day delivery and Target goes up against Amazon Prime Day with “Deal Days.” And the digital-first economy will drive the difference between success and failure for many retailers. But these are the easy points.

Meeting 134
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Retail Pulse: Rent The Runway Opens San Francisco Store; Crate & Barrel Plans Restaurant

PYMNTS

To break into the brick-and-mortar world, some digitally native retailers have opened shops inside department stores. At the same time, that business now accounts for half of the retailer’s revenue. In San Francisco, the company’s third-largest market, 83 percent of transactions by subscribers are “self-service.”.

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Buy Now Pay Later Startup Sezzle Tops 1M Active Customers

PYMNTS

Founded in 2016 and headquartered in Minneapolis, Sezzle’s buy now, pay later (BNPL) payments platform is in the U.S. Sezzle’s payments platform expedites quick, safe and simple payments among consumers and retailers. It gives user the freedom to shop online and spread four equal payments across six weeks. .

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DoorDash Unveils Latest Growth Strategy: Digital Convenience Stores

PYMNTS

DoorDash is rolling out digital convenience stores in a bevy of major cities as it ups the ante in the fierce battle for market share in the fast-growing delivery sector. The delivery service also recently launched a Main Street initiative aimed at bolstering its restaurant and retail partners amid the challenges of the pandemic.

Strategy 155
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FinTech Startup Sezzle Tops 1M Active Customers

PYMNTS

Founded in 2016 and headquartered in Minneapolis, Sezzle’s buy now, pay later (BNPL) payments platform is in the U.S. Sezzle’s payments platform expedites quick, safe and simple payments among consumers and retailers. It gives user the freedom to shop online and spread four equal payments across six weeks. .

Fintech 130