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What Innovators Can Learn From Netflix

PYMNTS

But the one thing that might work is taking a page from the innovation playbook that Netflix seems to have written and followed over the last 22 years. Watching it at home in the comfort of the living or family room wouldn’t be an option until nearly two years later: August 22, 2006 , when the DVD was finally released.

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JCPenney, Sephora To Maintain Partnership For In-Store Experience

PYMNTS

JCPenney and Sephora said in the announcement, “Both companies worked constructively to resolve outstanding legal matters and have agreed to mutually beneficial revisions to their joint enterprise operating agreement.”. SiJCP, which debuted in 2006, is described as an “exclusive beauty experience” available in some JCPenney locations.

Branding 130
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32 Corporate Innovation Labs In Retail

CB Insights

One popular choice: retail innovation labs. Learn about the technologies, innovations, and strategies that retailers can leverage this holiday season. From supply chain and inventory improvements to new payment options, these brands are going all in on digital. Coca-Cola — Development and Innovation Lab.

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Decoupled Debit — Again?

PYMNTS

Analysts at the time called this product “an historic opportunity” to bolster the merchant’s “corroding bottom lines,” and innovators rushed to build new applications to help them seize it. Just like 2012, with the launch of MCX and CurrentC merchant-branded, ACH-linked mobile payments products. And what was the product?

Branding 184
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Why Me-Too Services Can’t Save Apple

PYMNTS

Apple, the company that transformed how consumers listened to music with the iPod, was outplayed by an innovator with a new business model and a cross-platform, cross-device appeal. Amazon Prime Video launched in 2006 and now includes live sports. Co-branded cards, as all payments professionals know, have been around for decades.

Apple 179
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When Corporate Innovation Goes Bad — The 116 Biggest Product Failures Of All Time

CB Insights

Product innovation is one way that large corporations stay competitive in a rapidly changing marketplace, but it doesn’t always work out when big brands attempt innovation. Understanding failure is crucial since so many accounts of innovation focus on the successes and so are affected by survivorship bias.

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Coupa’s Concept Of Value As A Service

PYMNTS

And the brands they work should be fairly familiar as well — Staples, Fresh Market, the Dollar General, QVC and Adidas are just a handful of names on a very long list. The firm, he noted, was founded in 2006 by two former Oracle employees with a very simple goal: making buying for work as easy as buying for oneself at home.

Analytics 139