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Steal This 5-Step Banking Innovation Playbook from Gentle Monster

South State Correspondent

For inspiration in banking innovation, we often look to other industries. Honkook Kim and his Gentle Monster Brand is a perfect example. Instead of thinking traditionally, Gentle Monster pursued a strategy of innovation and creativity to become the hottest sunglass company globally, creating a company currently valued at $900 million.

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Retail 2021: The Five Things Retailers Should Be Talking About At NRF This Week

PYMNTS

Every year for the last 110 years , members of the retail trade group, known as the National Retail Federation (NRF), have assembled to discuss the slate of issues pertinent to its members. COVID-19, of course, didn’t cause physical retail’s steep decline — it just accelerated it. Retail is now about logistics and the last mile.

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Physical Retail Looks For New Life This Holiday Season

PYMNTS

The obituary for brick-and-mortar retail has been written many times. Retailers need to seize the moment when shoppers return gifts. Preparing for returns is a best practice; leveraging returns intelligence to inform product development and new customer acquisition strategies is next-practice retail.”. Consumer Trends.

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Why Invisible Will Make 2020’s Payments Innovation Roar

PYMNTS

Two hundred and seventy-four years later, those words are the perfect framework for understanding what will define the next decade of innovation in payments and any ecosystem that touches it. Sometimes those innovations disrupted old models and players; other times they made them better and more efficient. The Invisible Innovators .

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Meal Kit Companies Reconsider Direct/Subscription Model In Favor Of Retail

PYMNTS

He said the company’s pilot program, which initially sold meal kits in 17 Costco stores and has expanded to 80 locations within three months, has “further validated to us the power of Costco’s retail platform.” Retailers have realized that consumers still like to come into stores,” Kilcourse said.

Retail 101
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Thinking Outside The Box: Is Creative Packing The New Craze In Retail?

PYMNTS

Well, we’re talking about creative and innovative packing as the next big thing in retail. But lately, that’s all started to change, as many retailers are embracing bolder, more colorful and less “square” boxes as a way to make their products stand out on the ever-crowded shelves of retaildom.

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WithMe’s Next Phase Retail

PYMNTS

The common theme to all the “stores of the future” currently under construction across the retail landscape is the centrality of the consumer and the necessity of rebooting the shopping experience. Yes, the future of retail might just be in a mall right now, which was probably a plot twist you weren’t expecting.

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