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Five Lessons In Retail Reinvention From 2019

PYMNTS

But before we shut the door on 2019, it bears taking a moment to note how much the world of retail has changed in the last year, a fitting capstone on a decade that has seen retail as the American consumer commonly knew it taken to the ground and rebuilt nearly from the foundations. Lesson 1: Think Big . “We

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A New Virtual Reality For Real Retail Shoppers?

PYMNTS

No longer a figment of innovative imaginations and fictional futuristic stories, augmented reality (AR) and virtual reality (VR) technology is increasingly having an impact on, well, reality. . Meanwhile, clothing retailer H&M is layering data into its design process. About the Tracker.

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Google’s New AR Feature Lets Users Try Cosmetics Before Buying

PYMNTS

Participating brands include L’Oreal, MAC Cosmetics, Nars, Black Opal and Charlotte Tilbury. The beauty tech app Perfect Corp recently introduced the “YouCam Makeup” app for Shopify, one of many AR innovations fueled by COVID-19. It’s anticipated that the role of AR will continue beyond the pandemic.

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Top News In Payments: Central Bank Coin Currency At Least A Decade Away; US Economy Could Lose $10B To Chinese Travel Ban

PYMNTS

In this month’s B2B API Tracker, BNP Paribas VP of Innovation and Product Management for Trade and Treasury Solutions Charlotte Hausemer explains how APIs (application programming interfaces) are reshaping corporate spending with precise liquidity management and real-time payments tracking.

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Belk Works On Building Its New Legacy

PYMNTS

About a year and a half after the chain was sold off to a private equity group, Charlotte-based Belk is opening up new stores, though less well-performing ones are being shuttered. The more complex answer, noted CEO Lisa Harper, involves being both conservative and innovative at the same time. It’s growing.

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Checkout Features, Visa Interchange Rates, Gaana’s Music Service Top This Week’s News

PYMNTS

Stripe Powers Digital, In-Store Payments For Lightspeed Retail, Restaurant Customers. Lightspeed , the Canadian global point-of-sale (POS) and eCommerce company, is teaming up with Silicon Valley payments platform Stripe to advance in-store and online payments for retailers and restaurants in the U.S. and Canada.

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The New Playbook: 6 E-commerce Cos Reinventing Brick-and-Mortar Retail

CB Insights

The most potent symbol of the ascendance of e-commerce and downfall of physical retail is, of course, Amazon. 15-Min Flash briefing: Can AI Save Physical retail? Learn how Walmart, Amazon, Sephora, Zara, and other retailers are using AI to reinvent the brick-and-mortar store. Why physical retail still matters. to $355.9B

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