Remove Operations Remove Retail Remove Technology Remove US
article thumbnail

Lloyds Bank’s operating costs up 11% YoY

BankInovation

Lloyds Bank reported an increase in operating costs in the first quarter driven by higher inflation and increased investment in technology. Cost management remains a core discipline for us as a group,” Chief Financial Officer William Chalmers said during the bank’s earnings call today.

article thumbnail

Afresh Raises $13M For Fresh Food Management Technology

PYMNTS

Afresh Technologies has raised $13 million in a Series A extension round to expand its fresh food management technology that helps grocers reduce food waste. The round was led by Food Retail Ventures and joined by existing investors Innovation Endeavors , Maersk Growth , and Baseline Ventures.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Fleet Feet: Running Shoe Retailer Sprints With Technology

PYMNTS

The Carrboro, North Carolina-based chain has used its technology-first strategy to get, keep and grow its customer base – even while its stores were shut down early in the pandemic. Fleet Feet has come up with proprietary technology to address that. More than one million Fleet Feet customers have used the technology.

article thumbnail

Toshiba Rolls Out Unified Commerce Platform For Retailers

PYMNTS

Toshiba Global Commerce Solutions unveiled its ELERA unified commerce platform that will let merchants operate without the bounds of traditional retail IT infrastructures, according to a Wednesday (Jan. ELERA is currently used by the high-volume retail grocery and general merchandise verticals.

Retail 170
article thumbnail

European Mall Operator Citycon Works On BOPIS Service

PYMNTS

To enable customers to shop from the complete selection of multiple mall offerings and retrieve their purchases from one place, European mall operator Citycon is creating a buy-online-pick-up-in-store (BOPIS) service. The core Lazada business is focused on online shopping technology, which has been brought to LazMall.

article thumbnail

Bankrupt Toys R Us Aims For Retail Revival

PYMNTS

Even with the liquidation of Toys R Us operations in the U.S., consumers can engage with Toys ‘R’ Us and Babies ‘R’ Us again this holiday season.” consumers can engage with Toys ‘R’ Us and Babies ‘R’ Us again this holiday season.” Currently, the company operates more than 550 stores in the region.

US 104
article thumbnail

New Toshiba Commerce System Offers Retailers ‘Amazon Go At Scale’

PYMNTS

Retailers made all sorts of quick pivots to their eCommerce sites as the pandemic unfolded, but in-store legacy technology proved to be an obstacle for many of them. We’ve lived through COVID with them … and our new platform is something that allows us to expand that end-to-end strategy.”. Unveiled Wednesday (Jan. Enter Elera.

System 189