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Welcome To The New C-Store Innovation Game

PYMNTS

Retail innovation labs – incubators or tech hubs – aren’t confined to operations run by the likes of Amazon or Walmart. Located in Dallas, the 7-Eleven lab store is designed so that customers can test and purchase the newest innovations from the retailer. The company already had operated an innovation facility in Japan.

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Boxed And Costco Have Their Roots In A 1970s New Jersey A&P Store

PYMNTS

In another commercial , a spokesperson proclaimed, “It’s a brand-new concept: You shop at a modern supermarket with wild warehouse prices,” as the slogan “wild warehouse prices” flashed across the screen. And, like Costco, it has a limited selection, which makes for a more efficient operation. “By It becomes a competitive advantage.”.

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Retail Pulse: Walmart To Boost Supply Chain In China; JD Sports Rides Athleisure Popularity

PYMNTS

The facility, which has been in operation since March, serves more than 100 Walmart locations in Guangxi and Guangdong. JD has over 2,400 locations that offer brands such as Nike, Puma and Adidas. Even so, shares in the retailer have skyrocketed 77 percent this year as the firm rides the millennial preference for athleisure items.

Retail 101
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Chapter 11 Watch: Hockey Chain Put On Ice, California Livin’ Goes Bust In Hong Kong

PYMNTS

Brick-and-mortar retail will forever remember the day that Nintendo released Pokémon GO , a mobile game that has caused millions of millennials to suddenly discover outside again. Not every brand that closes its doors did so last week in infamy, though. Store Closures. ” Layoffs. . ” Layoffs.