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Retailers Look To Digital Technologies After Beating The Street

PYMNTS

Retailers and retail landlords are reporting strong first-quarter earnings results, beating analysts’ expectations in many cases. But mall owners and operators are occupied with a different focus: what to do with closing anchor tenants that once filled valuable space in their malls. billion, according to news from Retail Dive.

Retail 101
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7-Eleven Launches Beer Delivery In Select US Markets

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Convenience store operator 7-Eleven is launching beer and cider delivery in select U.S. stores with the technology this year. Customers can place their beer orders via the 7Now app. ” According to Fortune , the company will test the service in 18 markets: Austin, Texas; Charlotte, North Carolina; Chicago, Illinois; Dallas-Ft. .”

St. Louis 129
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Mastercard Q2 Earnings Preview: Increased Spending, Digital Payments Expected

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Mastercard is expected to report strong revenue growth in its second-quarter earnings, thanks to a continued increase in retail spending and digital transactions, according to analysts. Many of the company’s SMB projects are overseas.

Payments 117
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Shipping Inconsistencies Plague Nonessential eCommerce

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Nonessential retail is highly dependent – in some cases, completely dependent – on eCommerce during the COVID-19 crisis. Indie bookstore Powell’s in Portland, Oregon couldn’t guarantee that the order would be processed until seven to 14 days. And eCommerce success is dependent upon shipping. Therein lies a serious problem.

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Warby Of X: MiaDonna Delivers Lab-Grown Diamonds

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Ten years later, the company continues to disrupt the diamond mining and traditional jewelry retail space with its lab-grown diamonds — offering customers a diamond alternative they can truly feel good about buying. For diamond mining companies and many traditional jewelry retailers, this technology comes as a major threat.

Portland 101
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Activ(ist)wear Brand Takes Its Face Masks To Times Square

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But that’s exactly what a Portland, Oregon-based company called DHVANI has done – and it has even taken the gambit one level higher. We’re big fans of technology and data,” Brown noted. It has taken some resources away from day-to-day manufacturing operations, which has led to delays with certain fabrics.

Branding 207
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Vacation Rental Home Startup Vacasa Isn’t Just An Airbnb Knockoff

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First, according to Breon, Vacasa tends to operate in smaller towns and more affluent communities, where people have vacation or second homes, as opposed to larger cities and urban centers, where Airbnb typically dominates the market. One difference between us and Airbnb is we actually follow local zoning laws,” Breon said.