AiFi adds frictionless checkout to University of San Diego convenience store
Payments Dive
AUGUST 28, 2023
Fast-paced campus life is turning schools into an attractive market for autonomous retailers.
Retail Rents Falling From Manhattan To Los Angeles
PYMNTS
JANUARY 11, 2021
retail rents falling in many locales by percentages even greater than those seen in or after the 2007-08 Great Recession. These decreases are historic,” the Real Estate Board of New York wrote in a new report showing that average Manhattan retail asking rents fell in all of the island’s 17 retail corridors during autumn.
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N26 takes ‘pure-play’ approach to US market with checking account, debit card
Bank Innovation
JULY 11, 2019
German challenger bank N26 has partnered with San Diego-based Axos Bank to offer an FDIC-insured checking account and Visa debit card for U.S. The products, announced on Thursday, are now available to about 100,000 customers who were on the waitlist for the U.S. version of the app. The company said customers can sign up […].
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Virtual Reality Gains Traction In Retail
PYMNTS
SEPTEMBER 11, 2019
Virtual reality could have more retailers reach more consumers in the coming few years — in large part by upping the consumer experience. Four temporary pop-ups have opened and are opening in New York, San Diego, San Francisco and in the Las Angeles suburb Santa Anita, CNBC reports. and Europe by 2022. Amazon VR Push.
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Petco’s $864 Million IPO Beats Forecasts
PYMNTS
JANUARY 14, 2021
The San Diego-based pet care chain is pricing its 48 million shares of Class A common stock at $18 each, beating forecasts. This IPO marks Petco’s third foray into the public markets following filings in 1994 and 2000. Petco raised $864 million in an initial public offering (IPO) scheduled to start trading on Thursday (Jan.
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Decisioning data crucial for Chase risk management strategies
BankInovation
MAY 2, 2022
SAN DIEGO — Data and analytics go hand in hand with risk management in today’s digitally-driven auto finance market, making it crucial for auto lenders to rely on the right data for their decisioning, Chase Auto Chief Risk Officer Ajit Nalla, said Tuesday during a fireside chat at the Auto Finance Risk Summit.
Shifting The Used Car Market Into Overdrive
PYMNTS
FEBRUARY 28, 2020
He is the cliché of a profession that has a lot of suede sheen on it, but at least one company is in the market to bring used car sales into the digital future. “We It’s hard to imagine that there’s so much technology and innovation happening up and down the mobility spectrum except for in this market — and it’s a $1.4
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LendingPoint Unveils Retail Financing Platform
PYMNTS
MARCH 7, 2018
To help merchants and other service providers convert more consumers at the point of sale, LendingPoint has unveiled LendingPoint Merchant Solutions, a platform that will provide fully integrated one-stop retail financing, the company said in an announcement.
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7-Eleven Launches Beer Delivery In Select US Markets
PYMNTS
MAY 2, 2019
” According to Fortune , the company will test the service in 18 markets: Austin, Texas; Charlotte, North Carolina; Chicago, Illinois; Dallas-Ft. Convenience store operator 7-Eleven is launching beer and cider delivery in select U.S. Customers can place their beer orders via the 7Now app. Louis, Missouri; and Tampa, Florida.
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Instacart-Walmart Delivery Pact Heats Up Online Grocery Wars
PYMNTS
AUGUST 11, 2020
11), reported by CNBC , that retail behemoth Walmart has struck a partnership with Instacart to offer same-day deliver across a few, select markets in the United States, focused on four initial pilots in Oklahoma and California. News came Tuesday (Aug.
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PriceSmart Net Merchandise Sales Rise 7.7 Pct
PYMNTS
JANUARY 8, 2021
Warehouse club retailer PriceSmart, Inc. In November, mobility restrictions were reduced in many of our markets. In November, mobility restrictions were reduced in many of our markets. billion for the retail month of October, the four weeks ended Nov. percent to $838.4 million from $778.7 CEO Sherry S. It registered $44.5
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Fabletics Announces Brick-and-Mortar Expansion
PYMNTS
DECEMBER 28, 2016
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.
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Retail Pulse: Walgreens To Test Drone Deliveries; Walmart To Relaunch Scoop
PYMNTS
SEPTEMBER 20, 2019
Retailers are testing drone delivery to grow their omnichannel offerings and provide “store to door” on-demand service to their customers. Christiansburg was chosen as the test market because Wing has been working with Virginia Tech in nearby Blacksburg to pilot the drone deliveries. Walgreens Boots Alliance, Inc.
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ALDI Expands Online Grocery Delivery To All US Stores
PYMNTS
SEPTEMBER 19, 2018
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. We’re growing at a time when other retailers are struggling. billion on U.S.
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McDelivery Is McDominating In 1,000 New Markets
PYMNTS
JUNE 2, 2017
3,500 more McDonald’s markets are going to be lovin’ it by the end of June as delivery service rolls out to even more restaurants. On Wednesday (May 31), McDelivery with UberEATS launched at locations in the New York Metro Area, Fresno, Seattle, Denver, Dallas, Houston, San Antonio and Washington, D.C.
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Retail Pulse: Rent The Runway Opens San Francisco Store; Crate & Barrel Plans Restaurant
PYMNTS
SEPTEMBER 21, 2018
To break into the brick-and-mortar world, some digitally native retailers have opened shops inside department stores. Rent the Runway , in particular, is opening a 2,600-square-foot store in San Francisco after outgrowing its 1,800-square-foot space inside of a Nieman Marcus store in the city. In Other Brick-And-Mortar News….
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Amazon Grocery Delivery Expands To 3 New Cities
PYMNTS
APRIL 25, 2018
When Amazon launched Prime Now delivery for groceries out of its Whole Foods Marketpalce subsidiary, the company turned some heads — and heard some minor complaints, since the service was only initially only available in four markets: Virginia Beach, Austin, Dallas and Cincinnati. Those who need a rushed delivery can elect to pay a $7.99
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Retail Pulse: Shopify, Warby Parker Open The Doors On Digital-First
PYMNTS
MAY 11, 2018
The company told Forbes that its goal is to provide a physical location where those small businesses can sit down across the table from experts who can help them navigate the turbulent retail waters ahead. Warby Parker CEO Neil Blumenthal said, unequivocally, that he doesn’t believe retail is dead or dying — only “mediocre retail experiences.”
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UPS Looks To Drones To Speed Up Delivery
PYMNTS
FEBRUARY 3, 2020
“We are demonstrating further bold action in 2020 as we embrace market trends, invest for growth, partner for added reach and develop unique capabilities using next-generation technologies.”. The company also has a drone delivery service called UPS Flight Forward based at the University of California at San Diego Health.
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Uber Eats Teams With Costcutter In The UK
PYMNTS
OCTOBER 23, 2019
With the newly launched partnership, retailers in the symbol group will have the ability to sign up for the delivery platform via the Costcutter Supermarkets Group (CSG) after a pilot in stores throughout London and “the south east,” The Grocer reported. The function was tested in San Diego, Phoenix, Austin, Texas and Dallas.
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Retail Pulse: Walmart To Boost Supply Chain In China; JD Sports Rides Athleisure Popularity
PYMNTS
JULY 5, 2019
Retailers are bolstering their supply chains in China as they seek to enhance their service and offer customers fresh products. The post also pointed out that the retailer invested over RMB 700 million – which is approximately $100 million – to create the South China Fresh Food Distribution Center. and other markets.
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Retail Pulse: Walmart Tests ‘Great Workplace,’ Sainsbury’s Opens Cashierless Store
PYMNTS
MAY 3, 2019
Brick-and-mortar retailers are changing the way they manage their workforces in the age of Amazon: Walmart , for instance, is testing multiple versions of a new team structure called the “Great Workplace” in some of its locations. In terms of Walmart’s other efforts, the retailer is also focusing on features such as grocery pickup.
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Taking The Chaos Out Of Lunch With B2B Delivery
PYMNTS
MAY 15, 2019
It’s essentially consumer food delivery with a B2B base, which CEO Ben Cattoor noted was an delivery innovation that was lacking in the market. in San Diego. This marks the firm’s first launch in the crowded and competitive California market, the headquarters of many of its better-known consumer-focused competitors.
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Uber Eats Sees 59 Pct Spike In European Grocery Delivery
PYMNTS
APRIL 16, 2020
Stores wanting to sign on with Uber Eats doubled in March as grocery markets and convenience stores searched for new ways to serve customers duirng the lockdown. She said Uber Eats enabled the market to bring necessities to people in a way that is safe as well as convenient.
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133 Daylight Losing Time: How Changing The Clocks Hurts Retail
PYMNTS
MARCH 10, 2018
However, the stakes can be much higher for retailers, as the length of a day can have a dramatic impact on how much (or how little) foot traffic they get. The institute found similar results in San Diego and Denver. percent, while retail stores overall suffered a 4.8 The Case Against DST. percent drop.
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Pride Vendors Look To Triple Sales With mPOS
PYMNTS
JUNE 5, 2019
While some markets may be seeing relatively slower adoption of mobile point-of-sale (mPOS) than others, there’s no denying that the overall popularity of mobile and contactless payments are growing fast among consumers. In markets like the U.S., percent between 2017 and 2026. Tech giant Apple is also upping its payments game.
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Albertsons’ Online Sales Surge 276 Pct As Pandemic Reshapes Shopping
PYMNTS
JULY 27, 2020
We have accelerated our digital and eCommerce strategy to adapt to market conditions. While not citing any specific incidents, the company’s Vons and Safeway stores in New York, San Diego and Los Angeles were all hit by looters over the past few months, according to news reports.
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Uber Eats Introduces Group Ordering
PYMNTS
DECEMBER 5, 2019
The feature was tested in San Diego, Phoenix, Dallas and Austin, and was made available across the country on Oct. head of restaurant brand marketing, told USA Today. Checkout is the same as always, and everyone can track the order. In other Uber Eats news, the company recently launched a pickup feature nationwide.
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154 MasterCard’s Major League Baseball Play
PYMNTS
JUNE 1, 2016
For baseball fans, attending the All-Star Game is the ultimate experience,” said Raja Rajamannar, chief marketing and communications officer for MasterCard. That’s why we are thrilled to offer this exclusive opportunity — to head to San Diego and see today’s best players in action — to Petco customers and MasterCard cardholders.”.
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Jack In The Box And DoorDash Expand Delivery Partnership
PYMNTS
MARCH 31, 2017
Following a successful test run in San Francisco, Jack in the Box and DoorDash are now offering delivery options to 229 major cities across the U.S., including Los Angeles, San Diego, Seattle and Las Vegas, among a number of others. DoorDash also has similar delivery partnerships in parts of the U.S.
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DoorDash Dives Into Grocery Delivery Business
PYMNTS
AUGUST 20, 2020
San Francisco, Los Angeles, Orange County, Sacramento, San Diego and California Central Coast customers can order from Smart & Final. A June fundraise put San Francisco-based DoorDash’s market capitalization at about $15 billion , but the company’s rapid growth has come with challenges.
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Why Pride Vendors Are Forgoing Cash For mPOS
PYMNTS
JUNE 6, 2019
Providing Customer Trust in San Diego. San Diego boasts approximately 40,000 attendees at its pride festival and more than 250,000 at its parade. Kim typically sells at street and craft fairs, churches, schools, retail settings and ticketed events.
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AT&T Jumps On The 5G Bandwagon
PYMNTS
DECEMBER 5, 2018
Both companies will be beating Apple to the market since the tech giant is going to wait until 2020 to release the first iPhones featuring 5G. As of today’s announcement, we’ve installed the latest mobile 5G network equipment in areas in the 12 markets where we plan to make 5G available in 2018.”. San Antonio and Waco, Texas.
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128 Now Boarding: On-Demand Food Delivery With Airport Sherpa
PYMNTS
SEPTEMBER 21, 2018
For those kinds of reasons, the gate can also be an ideal market for delivery. To connect with customers, restaurants — or other airport retailers — can hook into Airport Sherpa’s system in two different ways. In one case, the app can be integrated with a retailer’s own point-of-sale (POS) system.
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Retail’s Ups And Downs: Rate Hikes, Dollar Stores And EpiPens
PYMNTS
AUGUST 31, 2016
And nothing is worse than a bad product launch or poorly planned marketing strategy. With that said, PYMNTS decided to take a look at some of retail’s biggest winners and losers of the moment. Ironically, this news and speculation over an improved economy has sent the stock market lower in the past few days.
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Installation Network Aims To Remove Assembly Headaches For eCommerce Buyers
PYMNTS
JUNE 11, 2020
Now, Banhidy and his team have generated demand from top auto manufacturers and retailers, leading to a $4.5 In addition to the automotive aftermarket, the company also works with manufacturers and retailers in consumer electronics, smart home devices, computer hardware, plumbing, lighting and more.
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Macy’s Goes On-Demand For Beauty Supplies
PYMNTS
SEPTEMBER 23, 2016
Macy’s seems to be on something of a “say yes to everything” kick in 2016 as it tries to reset its business model after what has been a highly chaotic year for the struggling department store retailer. Its latest experiment with out-of-the-box thinking is in its beauty offerings. Prices will range from $25 to $185.
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Jack In The Box Gives Up Qdoba For $305M
PYMNTS
DECEMBER 19, 2017
The decision comes a few months after the San Diego-based chain announced it was considering a sale as one of the “strategic options” open for the Mexican fast food brand. percent in pre-market trading Tuesday to $103 following the news. Jack In The Box’s stock rose 2.7
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The Best Opportunities for Retail Banks to Improve Customer Experience
Cisco
MAY 29, 2019
In retail banking, it’s clear customer experience matters, and the stakes have never been higher. To satisfy customers in an increasingly competitive market, banks must identify and optimize on critical opportunities to connect with customers in more personalized, meaningful ways, both in branch and remotely. Power 2019 U.S.
Win new valuation engagements by asking business owners these 4 questions
Abrigo
MARCH 23, 2017
Approach industry associations (such as those serving manufacturers, retailers or physicians) and offer to host an online workshop using a free or low-cost service like GoToMeeting or Google Hangouts. Snider says that only about 20 percent to 30 percent of businesses that go to market end up being purchased. Do you have one?
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Grocery Round-Up: Amazon Fresh Opens, Whole Foods Cuts Prices And The US Grocery Sales Boom Slows Down
PYMNTS
SEPTEMBER 17, 2020
It serves roughly 120,000 households across nine major markets and recently expanded into San Diego, Portland, New York City and New Jersey. People often have to drive hours to get what they want, and the shopping experience at ethnic grocery markets is not ideal.”.
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285 Collaboration: The New Competitive Weapon
Gonzobanker
JANUARY 4, 2016
In an industry where the top five institutions control more than half the market share, it amazes me how few of the 6,000 other banks are taking advantage of shared insights and resources to compete. Chief retail officers explored new strategies for acquiring small business relationships to effectively grow core deposits. June 12-14.
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What’s The Reward For Early 5G Deployment? Asia Will Soon Find Out
PYMNTS
JANUARY 9, 2019
It’s difficult to say what retail and payments use cases will emerge from these early 5G deployments in South Korea – but they are coming, and not just from that country. A big part of the 5G pitch involves its retail capabilities. The work toward 5G services that could directly impact payments and commerce has started. Asia Advantage?
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161 Uber Ups Its Game With Scooters
PYMNTS
JULY 2, 2019
One of the biggest stories in retail continues to be Uber’s effort to move well beyond its core offering of automotive ridesharing. and San Diego, Calif.”. Bike and scooter sharing are expanding to more cities as mobility-as-a-service retail offerings continue to grow. Scooter Challenges.
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