Visa, PYMNTS Study Says IoT Is Future of Commerce, And Shopify Debuts Virtual Assistant, 'Kit.' Plus, Amazon Prime Is Primed To Take On Walmart With Reduced-Cost Membership For Low Income Subscribers.
 
 
 
 
 
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June 7, 2017
 
 
 
 
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Spoleto Serves Up Quick Service Mobile Order-Ahead
 
Another QSR competitor has given in to the siren song of mobile order-ahead and the bottom line benefits it brings. Spoleto — which aims to blend gourmet Italian dining and catering with QSR speed — is the latest member of the club, with a big assist from NCR. We have the scoop here.
 
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  IoT and Payments
 
 
 
Visa Study Shows 83 Percent Of Consumers Want New, IoT Ways To Pay
 

A new study commissioned by Visa (and conducted by PYMNTS) finds that almost a quarter of American consumers own six or more connected devices, and 75 percent of them have at least one — in addition to their smartphones, computers, or tablets. But that’s just the warm-up act. More than 80 percent of consumers see using iOT devices as a way to eliminate the frictions that make today’s online and in-store shopping experience, they say, unproductive, and time-consuming. At the top of their new connected ways-to-pay wish list? Devices that enable auto-pay in-stores and at-the-pump. So, what might get in the way — and who do they trust to deliver it? Guess you’ll have to read — and download the study — to find out.  Read More...

 
  Virtual Assistant
 
 
 
Shopify Now Lets Merchants Hire Virtual Employee 'Kit' For Free
 

Shopify's virtual employee Kit is now available to all Shopify merchants for free. Now entrepreneurs can invest the $10 to $25 they were spending on Kit each month back into their business — for instance, buying more ads to generate more sales. Kit's founder called the move a "game-changer" for family-run businesses and SMBsRead More...

 
  The Matchmaker Is In
 
 
 
GoPetie And Building The Tinder For Pets
 

People love their pets, but keeping them fed, walked and amused while their parents are working or out of town can be a chore. GoPetie's founder and CEO Diego R. Alves has a new take on how to solve it, having built the platform to do it. It’s part social, part meet-up, and part on-demand — with, well, one of the most unusual business models we’ve heard. Karen Webster got the scoop in this week's Matchmakers interview.  Read More...

 
  What's Hot Today in Retail
 
 
- Visa Study Shows IoT Will Drive The Future of Payments
 
- Consumer Debt Nears Record $13T
 
- Amazon Prime Competing With Walmart For Lower Income Shoppers
 
- Walmart Challenges AmazonFresh With Grocery Pickup Kiosk
 
- Upscale Resale Co. The RealReal Announces $50M VC Funding Round
 
- Grocery Delivery Alabama Startup, Shipt, Takes On Instacart, AmazonFresh, Google
 
- Carvana Used Car Sales Increased 120 Percent In Q1 2017
 
- Profit Margin Warnings Send Macy's Shares Lower
 
- Joss & Main Heads To HGTV
 
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