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Why Retailers Are Making mPOS Technology A Top Priority

PYMNTS

Retailers are becoming more interested in omnichannel offerings: The PYMNTS mPOS Tracker found that 67 percent of those surveyed listed it as a priority for this year. From Walgreens to HP , retailers and technology providers are embracing the world of mobile payments through the help of point-of-sale technology.

Retail 213
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Premium Malls Can’t Escape Changing Retail Ecosphere

PYMNTS

Top-tier malls in the country, once thought to be impervious to the changing retail landscape, have been struggling lately, according to a report by The Wall Street Journal. Landlords at popular malls are warning that income is going to continue to slow down as more people continue to shop online instead of at brick-and-mortar locations. .

Retail 132
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CarMax Shifts Into eCommerce

PYMNTS

National used car retailer CarMax has announced the launch of a new omnichannel buying experience that will be made available first in Atlanta, Georgia. Customers can choose to purchase a car completely from home, in-store, or through an integrated combination of online and in-store experiences.

Atlanta 144
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The Home Depot Ramps Up Distribution To Meet Demand From Remodelers

PYMNTS

Retail has changed more in the past four years than in our company’s 40-year history. The largest of the three new Georgia operations, according to Home Depot, is a 657,000-square-foot distribution center in Locust Grove. The community is about 35 miles southeast of Atlanta on Interstate 75. population.

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Retailers Take Sides In Battle Between Alibaba And Tencent

PYMNTS

Alibaba and Tencent , which are locked in a battle to win over consumers, have invested more than $10 billion in retailers since the beginning of 2017. As a result, retailers are taking sides, CNBC reported. As a result, the companies are rolling out mobile payments at even more physical stores. The investment will value Ele.me

Retail 100
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Fiserv Adds Buy Now, Pay Later Option

PYMNTS

More than one-quarter of retailers already offer installment payments, according to a survey by Forrester Research. The Cambridge market research company also reported that more than 40 percent of online consumers who are aware of installment payments use that method to purchase goods. . the Australian FinTech operating in the U.S.

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Retail Pulse: Kohl’s To Curate Brands With Facebook; Domino’s Rolls Out eBike Tie-Up

PYMNTS

Brick-and-mortar retailers are teaming up with social media platforms to curate labels for their stores and their websites. Kohl’s , for instance, will bring emerging brands to over 50 physical retail locations and online starting in the fall through Curated By Kohl’s. In Other Brick-and-Mortar News.

Branding 101