Lowe’s Has Work-In-Progress Digital Upgrade; Plus, Gap Enters Resale Retail Race; And Hotels Hit Hard By COVID-19 Spread
 
 
 
 
 
CONNECT WITH US
 
 
February 26, 2020
 
 
 
 
  Shop Talk®
 
 
 

Kraft Heinz's Evolv: Backing Micro-Fulfillment’s Evolution At The Grocery

 

In eCommerce, and specifically fulfillment, might the mantra be: Think big, go small? For grocers making the transition to the digital age, micro-fulfillment centers located at the back of the store may solve a myriad of logistics/inventory challenges. Evolv Ventures (the $100 million venture arm of Kraft Heinz) Managing Partner Bill Pescatello tells Karen Webster how a new investment in Israeli startup Fabric can bring automation to the corner store and help speed up deliveries.

 
Read More...
 
  ReCommerce
 
 
 

As Gap Joins thredUP, Resale Continues Its Momentum

 

Retailers of all shapes and sizes are embracing resale, as the startup platform thredUP signs big retailers and increases its in-store footprint. Currently, resale is about 6 percent of retail sales — at issue, though, is how fast it can grow for the struggling retailers it has partnered with. Take a spin through this offering.  Read More...

 
  Consumer Privacy
 
 
 
Privacy And Personalization Clash For Retailers
 

Deal maker or deal breaker? Consumers want personalization from online retailers or they won’t buy from them. Consumers also want that to happen with no threat to their privacy. Retailers need to make both of those connections or risk customer acquisition and retention failure. Here's what's at stake in the privacy conundrum.  Read More...

 
  Today In Data
 
 
 

Enabling Delivery And Voice With Digital Tech

 

Brands are getting a literal voice with the help of digital tech, while quick-service restaurants are collaborating with online platforms to allow them to deliver their menu items to diners. Here’s a snapshot of how Amazon Polly provides text-to-speech capability and how Krispy Kreme plans to enable nationwide delivery.  Read More...

 
  What's Hot Today In Retail
 
 
- Lowe’s Posts Mixed Results Amid Online Revamp
 
- Hyatt Lets Some Travelers Rebook Rooms Due To The Coronavirus
 
- SmileDirectClub Aims To Boost Growth Via Healthcare Partnerships
 
- Lower Sales Numbers Send Shake Shack Shares Down 17 Pct
 
- The RealReal Tops $1B In GMV In 2019
 
- Tesco To Refocus Business After $357M China Sale
 
- Walmart Now Handles Fulfillment, Delivery For Third-Party Sellers
 
- QDOBA, Paytronix Team To Bolster Customer Experience
 
 
  Best of PYMNTS.com  
 
- Mastercard’s Incoming CEO’s Take On The Future Of Payments
 
- How One Nevada Credit Union Secures Its Self-Service Innovations
 
- Reading Predictive Tea Leaves With Smart, Big Data
 
PYMNTS.com   |   Data and Research   |   Company Spotlight  |  Join Newsletter
 
 
  © Copyright 2020 What’s Next Media and Data Analytics, LLC
 
 
 
                                                               

This email was sent to [email protected] by PYMNTS.com
 

Instant removal with unsubscribe
 

PYMNTS.com | 111 Devonshire Street | Boston, MA | 02108