News

MasterCard and Visa are both intent on letting customers pay anyway, anyhow anywhere they choose.

Both of the major financial services providers are releasing new Internet of Things (IoT)- and mobile-enabled payment solutions that will allow consumers to shop from an increasing number of locations, using a variety of touchpoints, with greater security.

CVS Health's decision to stop selling cigarettes is having its intended impact - 52% of those consumers who used to buy their cigarettes from CVS say it is now harder to buy cigarettes altogether, according to a survey commissioned by V2, a manufacturer of electronic cigarette and vaporizer products. Out of that group, 73% called the impact manageable, stating that “buying cigarettes is now harder but I have other options” and 27% said it made buying them “much harder.”

Digital exploration and the customer experience are at the heart of two new concept stores from wireless carrier O2.

The stores were designed to revolutionize the look and feel of a traditional mobile phone shop and provide a destination for people to not just buy a phone, but to learn about the latest technology.

January is a tech bonanza for retail, with interesting, innovative and sometimes downright out-there new technologies and brands on display at the Consumer Electronics Show in Las Vegas and the National Retail Federation’s Big Show in New York City. It’s nearly impossible to keep track of every startup out there, but here’s a selection of the most promising ventures that should be on your radar.

Reemo

A disconnect between brick-and-mortar retailers and their mobile strategies could be hurting sales.

Retailing Today's sister publication Chain Store Age recently spoke with Vishwa Chandra, VP of retail accounts for Instacart, to get a better sense of the current and future state of online delivery.
 
What is driving growing consumer interest in online delivery?

Although not many consumers are currently shopping for groceries online, those who do are likely to be repeat customers.
 
According to “The 2016 Online Grocery Shopper,” a survey of more than 500 U.S. online consumers from Toronto-based grocery technology provider Unata, 8% of consumers bought groceries via Internet in 2015.

However, 93% of those shoppers said they are “likely” or “very likely” to buy groceries online in 2016.
 

Wayfair has named an e-commerce veteran from Staples to oversee supply chain and operations at the growing online retailer.

Wayfair announced that Sharif Sleiman has joined the company as vice president of supply chain and operations.  

Demand for shares of Ollie’s Bargain Outlet is such that the retailer has increased the size of a secondary offering.