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How Experiential Retail Is Giving Physical Stores An Edge

PYMNTS

As 2020 unfolds, the retail business has been dramatically altered. But with consumer spending holding steady, it’s important for retailers to grasp the opportunity to create innovative ways to get, keep and grow customers. And retailers that deploy experiential tactics drive repeat purchases at rates nearly twice those who don’t.

Retail 210
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Grocery Round-Up: Digital-First Delivers For Kroger, Another Instacart Pair-Up And Hoarding Round 2

PYMNTS

The company further noted that it has made “continued investments to support and safeguard associates, customers and communities, nearly $1.3 Midwest retailer Meijer has signed on with the service to provide same-day delivery of groceries. Q3 operating profit hit $792 million, up from $254 million the previous year. 3) press release.

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Why TOMS Shoes Is Putting A Toe In Brick-And-Mortar

PYMNTS

He wanted to be Indiana Jones. TOMS — apart from cute shoes with a conscience — believes its ability to make fast connections with its consumer base is a strength — which can typically be a challenge for brands born digitally. TOMS’ social message — and commitment to donating as much as it sells — has put a spotlight on the brand.

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Why Libraries Are Giving Up On Late Fees

PYMNTS

“I didn’t even want to tell you, ‘I have fines,’” Penkert told the Journal of what she normally hears at work while collecting library fines from friends and family in the community, who usually wear a rather pained hangdog expression. Unique Library, based in Indiana, is one such specialty credit firm.

Minnesota 188
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Deposits: Do you want a relationship or fries with that?

Jeff For Banks

ING Bank is a pure Internet play that builds on its brand power and competitive rates to drive deposits in its virtual doors. As its brand evolved, ING and its well-known Orange savings account has been able to attract deposits that are not priced at the top of the market. At first, it was a pure Internet high cost money play.

Indiana 60