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Enticing Millennials With Experiences Using ?Neighborhood Goods?

PYMNTS

The old model of opening a retail store with merchandise as a main focus of the space may not appeal to today’s consumers – millennials in particular. This generation values experiences, not just tangible goods. In terms of customer experiences, Alexander doesn’t think that customers are looking to “traverse huge amounts of space.”

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Trust And Speed Light A New Path To Omnichannel Retail

PYMNTS

Titled “Why the Future of Merchant Payments Requires a Digital-First Approach,” the webinar generally revolved around questions related to the development and ongoing rise of omnichannel commerce — already a major topic in the payments and commerce world in these first weeks of the new year. Trust Issues.

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Retail Pulse: Floravere Opens NYC Store; Target Debuts Everspring Brand

PYMNTS

Direct-to-consumer wedding brands are opening stores in real life — and personalizing the customer experience within them through digital technology. Floravere Co-founder Denise Jin said in an announcement , “With our New York Flagship, we’ve created a retail experience that reflects how our bride actually shops: from IG to IRL.

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How Neighborhood Goods Is Breathing New Life Into The Department Store Model

PYMNTS

Underlying that new experience is a backbone of enabling technology that has been fully thought through in the context of the merchant and customer experience. The technology experience matches the diversity of the shoppers. The next stop: New York. “If The Underlying Technology.

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Metromile CEO: Why Auto Insurance Is Ready For A Digital Lane Change

PYMNTS

With that new business model and technology, Metromile launched in 2016 and is currently available in eight states, which include California, New York, Washington, Pennsylvania and Arizona. “I Most of those customers stay under a 12,000-mile-per-year threshold. According to Preston, Metromile has no set customer profile.

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QSRs Battle For US Sales With Online Delivery And Payments

PYMNTS

McDelivery on the Uber Eats app is available from more than 2,000 restaurants around the country, with 1,000 new stores added in 2017. McDonald’s CEO and President Steve Easterbrook told the Bernstein Strategic Decisions Conference in New York that the company sees great potential in delivery. Burger King’s $9.3

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Big Retail Problems, Small Format Solution?

PYMNTS

Leena Munjal, senior vice president of customer experience and integrated retail at Sears, told the outlet: “Obviously, we want to move the needle. Just this week, The Street reported that the newest CityTarget, set to open in New York City in October, will include a Chobani cafe.

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