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Today In Retail: FedEx Concludes ShopRunner Acquisition; Save A Lot Sells 51 Stores To Fresh Encounter

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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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How Retailers Drive Innovation With Subscriptions (And Payments)

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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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7-Eleven Launches Beer Delivery In Select US Markets

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” According to Fortune , the company will test the service in 18 markets: Austin, Texas; Charlotte, North Carolina; Chicago, Illinois; Dallas-Ft. Louis, Missouri; and Tampa, Florida. We’re always looking to innovate and disrupt,” Singh said. Customers can place their beer orders via the 7Now app.

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Kroger Aims To Drive Innovation With Grocery Experience, Partnerships

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Kroger ’s retail transformation was front and center at its analyst day, as the firm aims to remake its business with its Restock Kroger framework. The grocer is working with icons like Walgreens and Microsoft as well as innovators such as Ocado and Nuro to enhance the customer experience and accomplish tasks that it cannot do alone.

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NEN Widens USAT Partnership For Cashless Payments Growth

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For more than 30 years, NEN has grown its business by bringing the best service and most innovative amusement machines to our customers, while keeping pace with the changing needs and preferences of consumers,” said Jim Sevalt, president and chief operating officer of NEN. NEN already uses the payments solution on 400 of its machines.

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Retailers Rethink Store Concepts, Digital Strategies Amid New Realities

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Traditional retail locations, ranging from fashion and home furnishings to hardware and department stores, have been forced to make significant changes in the face of heightened competition from eCommerce giants like Amazon and omnichannel powerhouses, like Walmart and its online unit, Jet.com.

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Kroger, Ocado Announce Two New Customer Fulfillment Centers

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Kroger and Ocado , one of the world’s largest online grocery retailers, have announced that Central Florida and the Mid-Atlantic will be the next regions for Kroger’s two newest customer fulfillment centers (CFC) in the U.S. The retailer noted that the facility could bring in over 410 new jobs. As the U.S.

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