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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. Now, Mattress Firm is reportedly pondering bankruptcy, and analysts say that might be a good strategy for the retailer: Peter Keith of Piper Jaffray & Co. is no exception.

Retail 105
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DoorDash Unveils Latest Growth Strategy: Digital Convenience Stores

PYMNTS

5) unveiled DashMart , an array of online convenience stores that offer C-store items like ice cream and chips, along with other products from local grocery stores and restaurants. DoorDash said it plans to add more cities in the coming months, including Baltimore, Denver, Sacramento and Concord, California.

Strategy 155
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Bank of the West Adds ATMs for Young Customers on the Move

Bank Innovation

Bank of the West recently added 143 ATMs across the Denver and Sacramento metro areas through an agreement with ATM operator Cardtronics. One target? Millennials, actually.

ATM 150
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eCommerce Grocer Weee Notches Almost $50M In Funding

PYMNTS

The firm evolved into an online shopping website with a warehouse and delivery network in 2017. The company provides its offering in the San Francisco Bay Area, Los Angeles, Sacramento and Seattle. South Korean investment company Mirae-Naver and Alibaba, the Chinese online shopping giant, led the round of funding.

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Consumers Turn To Package Lockers To Combat Porch Pirates

PYMNTS

have experienced package theft in the last year, companies like Sacramento, California-based package delivery locker system Luxer One are setting up package delivery systems to prevent porch pirates, CNBC reported Monday (Dec. With home security firm Ring reporting that nearly one in five homeowners in the U.S.

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Target Launches Curbside Pickup In Two New Markets

PYMNTS

Earlier this year, the retailer announced its plans to introduce the service to nearly 1,000 of its brick-and-mortar stores, which the company says is on track to happen by the holiday season. Target isn’t the only retailer to launch curbside pickup: Walmart has its own version, giving consumers around 35,000 items to choose from.

Marketing 100
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Macy’s Is Hiring 80,000 Employees For The Holidays

PYMNTS

Macy’s announced it is hiring 80,000 temporary workers for the holiday season, as well as adding more employees to handle online orders. The retailer said that around 23,500 of the seasonal positions will be based in facilities that support online sales, an increase of 5,500 positions compared to 2017. Macy’s, Inc.