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Powering Retail Innovation With Digital Technology

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In investments, retail dispute management firm Chargeback closed a funding round to speed up growth and to help retailers reduce credit card disputes. And in tech, the future of retail may include mobile scanning. Data: 2014: The year Lumen was founded. All this, Today in Data.

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Retailers Start New Traditions With Innovation Around The Holidays

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you could be gearing up to buy gifts in store or online. In a season where tradition is key, retailers are setting new ones with the help of emerging products and services on this Black Friday. Rethinking Conventional Retail Wisdom . Shoppers weren’t done with physical retail; they just wanted something different.

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

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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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How Retailers Drive Innovation With Subscriptions (And Payments)

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Brick-and-mortar retailers, as well as online merchants, are offering consumers all sorts of products and services through the subscription business model, from movies to tea. Some entertainment innovators are also rolling out new subscription services. Disney’s anticipated Disney+ , for instance, will reportedly launch on Nov.

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What Overcoming Inertia Tells Us About The Future of Physical Retail

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By now, you’ve no doubt heard the story about how Isaac Newton turned quarantining during London’s outbreak of the Bubonic Plague between 1665 and 1667 into a time of great focus and innovation. This data came on the heels of a holiday shopping season that was strong, but weaker than retail analysts had expected.

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Why The QSR Drive-Thru Is Fueling Retail Innovation

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Retail technology is undergoing big changes in the restaurant world, and that includes the drive-thru. The latest development in retail camera use comes from the drive-thru lanes of the fast-food industry, according to the Financial Times. But recent changes have sparked even more interest and innovation from commerce operators.

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Physical Retail Isn’t Dead – The Physical Store Model Is

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It looks like we can finally have a serious conversation about the impending collapse of physical retail in the U.S. All it took was a 160-year old retailer and a $34 billion kick in the stomach to the retail sector to get everyone’s attention. retailer, Sears, which found itself standing at Chapter 7’s front door.

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