PYMNTS

AUGUST 23, 2019

For a glimpse at how innovation is playing out in the retail world, it always helps to take a look at recent developments in the world of quick-service restaurants, or QSRs. Digital technology and delivery helped to fuel that growth, according to company officials on the post-earnings conference call with analysts and investors.

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PYMNTS

OCTOBER 12, 2020

No matter how innovative they are, companies still need to get paid. And not many companies this year have combined business model creativity with payments innovation more than Beautycounter. In addition to Fast Company, it has been recognized by Allure, Glamour, Refinery29 and WWD.

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PYMNTS

DECEMBER 11, 2019

The nearly universal need for medication and other remedies is driving retail innovation via the pharmacy sector — and that includes the area of customer experience. One of the keys of the commerce game these days is providing a deeper customer experience, and that holds true when it comes to healthcare retail.

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PYMNTS

OCTOBER 11, 2019

And, in digital banking, banks are innovating with their strategies for fraud protection and anti-money laundering (AML). Data: $525M: Approximate valuation of cloud company kitchen Rebel Foods Pvt. 96 percent: Share of retail banks that plan to develop services focused on real-time payments by 2020. All this, Today in Data.

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PYMNTS

JULY 17, 2020

And shoppers want technology solutions like self-checkout in post-COVID-19 retail environments, while healthcare companies are teaming with pharmacies to provide patients with access to primary care clinics. 87.6B: Projected value of the global payment gateway market by 2027. All this, Today in Data.

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PYMNTS

JUNE 27, 2019

That sense of hope is a big part of childhood, and it applies as well to retail aimed as children, as least going by current developments involving Toys R Us. That news is another recent development in the world of children’s retail, where innovation continues. Market Void. Retail Recommendations. Tru Kids Inc.

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PYMNTS

NOVEMBER 3, 2020

These are the top stories in retail for Tuesday (Nov. The automotive market is surging during the pandemic, and companies like Carvana are reaping the benefits. The company reported a stellar third quarter as used cars and contactless delivery are driving the market.

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PYMNTS

JUNE 20, 2019

No, that doesn’t mean that PYMNTS takes sides in the struggle for retail supremacy, but only that we like to note when someone or some organization mounts a challenge to the eCommerce and logistical behemoth. High-End Retail. The battle for Amazon retail supremacy also involves pets. The company generated about $3.3

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PYMNTS

JULY 29, 2019

The rise of video games, both online and mobile, is helping to drive innovation in retail. This is only part of the innovation trend stemming from video games. In-store sales, notably, is where the retailer needs to see growth. percent, it wasn’t as much as the retailer wanted to see. Larger Trends. More Money.

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PYMNTS

MAY 29, 2019

Gig, eCommerce and public utility firms are putting the spotlight on payment innovations to remain competitive in markets that are becoming increasingly saturated. And financial operating system company OpenFin recently raised funds in a Series C round.

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Innovation Marketing Payments United States 139

PYMNTS

MAY 13, 2019

In the unattended retail space, vending operators are also becoming more aware of the shifting behaviors of their shoppers and the need for swift and digital payment options. From Reis & Irvy’s to Vengo , merchants and technology companies are reinventing the world of vending technology through smart devices.

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PYMNTS

DECEMBER 24, 2020

When it’s said and done there was only one story that mattered in the retail universe this year and it was the rise of the digital-first economy. These are companies like Adore Me (lingerie), Green Goo (personal care), Shift (used cars) and Misfits Market (produce). The numbers speak for themselves.

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PYMNTS

NOVEMBER 16, 2020

Rakuten , a Japanese tech company specializing in digital eCommerce solutions for retailers, is introducing a new subsidiary to bolster physical stores. Tentatively called Rakuten DX, the new unit will launch schemes for digital transformation at retailers’ physical shops, Rakuten said in a statement on Monday (Nov.

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PYMNTS

OCTOBER 3, 2019

The sale of shoes online has come a long way since the dawn of eCommerce – and footwear continues to help drive innovation in the retail space. The importance of this area of retail was recently underscored by a move involving a Google veteran. 14, Reuters reported about a week ago. The Right Fit. Nike and Voice.

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PYMNTS

OCTOBER 21, 2019

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. And retailers are offering innovative subscriptions for all sorts of products.

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PYMNTS

JANUARY 18, 2021

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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PYMNTS

SEPTEMBER 6, 2019

Legal marijuana may have a massive payments problem, but that’s not stopping retail innovation in perhaps the newest area of legitimate commerce in the U.S. Trends in legal cannabis retail are just now emerging, and fresh numbers from Colorado are providing insight into how the industry is evolving. Big Retail.

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Retail Innovation Colorado Payments 121

PYMNTS

JANUARY 11, 2021

India-based Goldiam International has completed the soft launch of its B2B website after the acquisition of Eco-Friendly Diamonds , a successful CVD diamond growing company, a report from Business-Standard says. retail jewelry industry. The company's stocks were at Rs235.45 per piece up by 0.62

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PYMNTS

DECEMBER 9, 2020

When Home Depot announced last month its plans to acquire HD Supply Holdings , it wasn’t just a sign of expansion for the home improvement retailer. The takeover signaled an evolution of the company's business model from a traditionally business-to-consumer (B2C) seller, to one that includes business-to-business (B2B) operations.

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PYMNTS

OCTOBER 1, 2019

Okay, that’s not the best joke ever from the PYMNTS Bureau of Stand-Up Comedy, but the point is that the popularity of pizza constitutes a driving force for ongoing retail innovation – and we have proof. Domino’s Innovations. Let’s take the Washington, D.C.-based Mobile and Loyalty.

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PYMNTS

DECEMBER 9, 2020

What makes the current developments so interesting and exciting is that “we're just seeing that they're at the end of the innovation growth cycle,” he explained. All of these new FinTechs and digital innovators are changing the landscape as the role of payments rapidly shifts in the broader financial services arena.

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PYMNTS

JANUARY 19, 2021

Chuck Huang, founder and CEO of Citcon , explores how the pandemic has prompted retailers to capitalize on the surge in demand for contactless, digital payments. "As But we at Citcon believe it will also be marked as the year that prompted stunning innovation across industries. 2020 will be remembered by most as a year of trial. "As

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Retail Payments Online Marketing Strategies 211

PYMNTS

JANUARY 19, 2021

In today’s top retail news, Bed Bath & Beyond said it has finished its sale of Cost Plus World Market (CPWM) to a private equity firm, while Starbucks will help Washington state with the distribution of coronavirus vaccines. billion offer from Staples to buy the company outright, but says it is open to other possibilities.

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PYMNTS

FEBRUARY 24, 2020

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. So, what constitutes experiential marketing for retailers? Wine and cheese for the shoppers?

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Bank Innovation

FEBRUARY 20, 2020

for $13 billion, pushing further into the retail market in the biggest acquisition by a Wall Street firm since the financial crisis. trillion, the companies said Thursday in a statement. Morgan Stanley agreed to buy discount brokerage E*Trade Financial Corp. Morgan […].

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PYMNTS

DECEMBER 28, 2020

In today’s top retail news, FedEx Corp. concluded its previously announced purchase of ShopRunner, while Save A Lot unveiled the sale of 51 stores run by the company in the Tampa, Florida market to Fresh Encounter. The service connects more than 100 brands and retailers to shoppers. FedEx Wraps Up ShopRunner Purchase.

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PYMNTS

SEPTEMBER 22, 2020

As the crisis pushed online grocery into exponential growth during the crisis, CPG companies are finally starting to sell and advertise online. However, the trend is separate from CPG companies going direct to consumer (D2C). Many CPG companies like Pepsi and Heinz have launched limited but innovative D2C programs.

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PYMNTS

DECEMBER 28, 2018

Shoppers had new opportunities to buy groceries without having to walk through the aisles of their local supermarkets or wait in line at checkout counters this year, as grocers rolled out digital innovations in shopping and payments. It allows them to fully immerse themselves into the retail space with convenience and efficiency.”

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Bobsguide

JUNE 3, 2022

Auriga was recently honoured with the prestigious Peter Kulik Innovation Award from the ATMIA, the leading non-profit trade association representing the entire global ATM industry. Q: How do you feel about your Peter Kulik Innovation Award win? Q: Finally, do you have any thoughts on upcoming ATM innovations and trends?

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Innovation ATM Software Policies 147

PYMNTS

JANUARY 19, 2021

While the coronavirus crisis certainly accelerated the drive toward digital, the mid-market's commerce digitization push was well underway before the pandemic hit. With B2B eCommerce proliferating, the market is rapidly evolving to make way for new business and payment models in response to customer demand. Emerging Business Models.

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Chris Skinner

MARCH 23, 2017

I’ve been working closely with BKM, the Turkish retail payments clearing company, for a few years now. They manage the Fintech Istanbul program, and are the powerhouse behind many of the innovations we’ve seen in Turkey from mobile wallets to contactless payments. million POS terminals in the market. debit cards and 1.7

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Innovation Cards Trends System 196

PYMNTS

SEPTEMBER 16, 2020

Meet Shark Wheel, a company that has literally invented a wheel that’s not round and added some innovation to the eCommerce space by partnering with a new one-click checkout system. It makes skateboards, contributed new wheel designs to farming, printing, luggage companies and the U.S. Talk about reinventing the wheel.

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Company Innovation social media Retail 175

PYMNTS

NOVEMBER 10, 2020

The David’s Bridal application was built by Vertebrae , a tech company that specializes in bringing real-world applications to retailing. Vince Cacace , CEO of Vertebrae, told PYMNTS that AR in 3D has become a high-demand technology for all kinds of products and retailers. “We How does it work on me? What are the details?

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PYMNTS

SEPTEMBER 14, 2020

In the book, he freely admits that his formula might not work for every company. But the one thing that might work is taking a page from the innovation playbook that Netflix seems to have written and followed over the last 22 years. billion business, representing 64 percent of the home video entertainment market.

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PYMNTS

JULY 8, 2020

As it grows its healthcare offerings beyond low-cost clinics and technology to help patients manage their medications, Walmart has formed a new company to sell insurance policies called Walmart Insurance Services LLC. In addition, the retailer reportedly paid approximately $200 million to purchase key assets from CareZone.

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PYMNTS

JANUARY 25, 2021

The National Retail Federation ’s annual convention may have come and gone but the sentiments, strategies and lessons learned from facing nearly a year of pandemic-led changes by some of the world’s largest merchants are going nowhere fast — especially when it comes to their embrace of increased digitalization. We’re not a data company.

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Community Retail Strategy National 269

PYMNTS

SEPTEMBER 14, 2018

Luxury style and quality brands, offered at a more middle-class price point and sold directly to consumers, is increasingly crowded terrain in apparel retail. Or, perhaps more accurately, through tactics that are so traditional they are surprising to see in a modern retail context.

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