Chipotle's Digital Orders Rush; Plus, A Digital Platform For Independent Bookshops; And Spotify’s Streaming Subscription Dominance Continues
 
 
 
 
 
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February 5, 2020
 
 
 
 
  Shop Talk®
 
 
 

Can A Startup Compete With Amazon For Online Book Sales?

 

How does a startup take on the biggest name in U.S. book sales, which has handily crushed (and/or crippled) businesses with market caps in the billions? The answer is, carefully, Bookshop CEO Andy Hunter tells PYMNTS — and by focusing on independent sellers and content creators. Specifically, he says, by offering a much better financial deal than they’re getting from Amazon.

 
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  Brick-And-Mortar
 Inno
 
 
Beauty And The Street: Sephora Bets Heavily On Non-Mall Locations
 

Driven by competition and a need to expand away from malls, beauty retailer Sephora continues to play aggressively. It will add 100 stores within 2020, after high-profile openings in New York and Los Angeles. Long known for its omnichannel expertise, the company expects mobile apps to be the glue between its online and offline businesses. What’s it mean for the besieged world of brick-and-mortar?   Read More...

 
  Earnings
 
 
 
Chipotle Mexican Grill Digital Sales Jump 78.3 Pct.
 

Chipotle Mexican Grill saw a growth tear in Q4 powered by tech, with digital sales rising 78.3 percent and accounting for 19.6 percent of sales for the quarter. The quick-service chain’s rewards program currently has over 8.5 million enrolled members as the brand pilots new store formats, including one with a walk-up window. We’ve got details.  Read More...

 
  Today In Data
 
 
 

Retail Transformations With Digital Innovations

 

Retailers that sell through eCommerce have been steadily removing payment frictions from their online checkout processes for the past year, while digital innovators have been tackling food waste with mobile apps. Here’s a snapshot of some of the innovations that merchants can rely on to convert browsers to buyers or surplus food to purchases. Read More...

 
  What's Hot Today In Retail
 
 
- Spotify Dominates Apple, Amazon With 124M Premium Subscribers
 
- Macy’s To Shut 125 Stores, Shutter Tech Offices
 
- US Economy Could Lose $10B Due To Chinese Travel Ban
 
- Activist Investor Pushes eBay To Unload Online Classifieds
 
- IKEA To Shutter UK Store Due To Fewer-Than-Expected Shoppers
 
- DOJ Looks To App Makers In Apple Antitrust Probe
 
- China Factory Shutdown Could Impact iPhone Shipments
 
- Homie Unlocks $23M In Funding To Expand Its Homebuyer Program
 
 
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- CyberSource: Helping Merchants Prepare For eCommerce ‘Mini Peaks’
 
- In Search Of Consumer Spending’s New Normal
 
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