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Retail Pulse: FAO Schwarz To Open New Flagship; Amazon Expands Grocery Delivery

PYMNTS

Brick-and-mortar retailers have closed flagship locations in recent times, but sometimes these landmark stores make a comeback. The new store, which will be located at 30 Rockefeller Plaza, will feature multiple experiential retail components. The store will also offer magic shows and a grocery shopping experience designed for kids.

Retail 116
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Walmart, JD.com Invest $500M Into Dada-JD Daojia

PYMNTS

According to a report in Reuters , citing Dada-JD Daohjia, the company is partly owned by JD.com and operates two businesses: Dada, the delivery service that has a network of 5 million delivery men, and JD Daojia, which partners with retails stores to provide delivery services.

Tampa 100
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Walmart Opens First High-Tech Supermarket In China

PYMNTS

Designed by Tampa-based design and architecture firm api(+) , the layout gives fresh vegetables, fruit and frozen foods prominence, along with popular pre-prepared dishes. Electronic price tags enable the retailer to keep prices current. They then pay via their mobile device and quickly verify payment, bypassing the checkout counter.

Tampa 100
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SMBs And Customers Wrestle With The COVID (But Not Covert) Surcharge

PYMNTS

And, separately, as reported by the Tampa Bay Times, for restaurants and other firms that have levied those charges, the Better Business Bureau has said COVID-19 surcharges are ethical, if disclosed. tacked on charges — owner Billy Yuzar said there was backlash on social media (but not from paying customers).

Tampa 148
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Car Vending Machine Company Carvana Goes Up Against Wall Street

PYMNTS

billion, on an 82 percent increase in retail sales. That is the most organic growth of any automotive retailer ever in the U.S. Miami is Carvana’s 24th car vending machine location to date — joining Nashville, San Antonio, Houston, Austin, Dallas, Raleigh, Jacksonville, Tampa, Charlotte, Washington, D.C., Ontario (L.A.),

Company 130
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The Wellness Economy: The Buzzy Trend Reshaping Everything From Personal Care To Real Estate

CB Insights

The wellness trends is affecting everything from the way gyms operate to how retailers design clothing to how smart cities are designed. Brands are leveraging social media to advertise “aspirational lifestyles,” making it easier than ever to buy into the wellness mentality. But gyms are not giving up just yet.

Trends 76
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12 Industries That Will Thrive Thanks To Millennials

CB Insights

Social media is also helping campers discover new places to visit, then share their experiences with others: 30% of millennials said that they picked a camping spot after seeing someone else go there. As with many industries in today’s information economy, millennial travel trends are strongly influenced by social media.