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Yandex, The Russian Google, Has 15-Minute Grocery Delivery 

PYMNTS

Russia’s biggest technology firm, Yandex NV, launched an online service that uses bike couriers to bring groceries to Moscow residents in 15 minutes, Bloomberg reported on Tuesday (Jan. The free service, called Lavka, stocks roughly 2,000 items and plans to operate as a digital convenience market for items like toothpaste and condoms.

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Retail Pulse: Mattress Firm Mulls Bankruptcy; Walmart Plans Robotic Grocery Pickup

PYMNTS

Brick-and-mortar retailers have sought to reduce their retail footprint in hard times, and Mattress Firm, Inc. Steinhoff International Holdings NV, which acquired the company in 2016, has reportedly sought to restructure some of its subsidiaries’ debt. is no exception. In Other Brick-And-Mortar News….

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Mattress Firm Eyes Bankruptcy, Store Closures

PYMNTS

looks to shutter money-losing locations and find its way out of leases, people familiar with the company say that the retailer is mulling a bankruptcy filing. percent and closed at $52.64, Reuters reported. As Mattress Firm, Inc. On the news, Tempur Sealy International Inc.’s s stock rose 5.2

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Nevada Marijuana Dispensary Uses Food Trucks To Sidestep Cards Regs

PYMNTS

No one would ever mistake a marijuana dispensary for a food truck, but that is what one shop in Reno, NV calls itself when charging customers’ credit cards. Credit card statements will show that a purchase was made at the “Midgrun Eats LLC food truck, not at the Blüm Marijuana Dispensary ,” the Reno Gazette-Journal reports. .

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The Race For Online Grocery Shopping Heats Up

PYMNTS

When Walmart announced Q2 earnings earlier this week, the nation’s largest retailer announced twin blowout performances in both its eCommerce and same-store sales. The companies are testing the service in four California and Oklahoma markets, with an eye toward a national launch in 2021. the Seattle Times reported.

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Can Legal Pot Thrive With Closed-Loop Payments?

PYMNTS

People can say what they will about the wisdom of legal retail sales of marijuana (we here at PYMNTS take no position), but the payments knot that the cash-dominated industry is dealing with is leading to some improvisation, and even government-backed experimentation. The news is a bit vague so far, but certainly significant.

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