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

PYMNTS

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. Retail 2020: Looking Back On D2C Brands.

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Verizon, UPS Team Up On Drone Delivery For Retail

PYMNTS

Verizon , Verizon’s Skyward unit and UPS Flight Forward are teaming up to provide drone delivery for retail products using Verizon’s 4G LTE and 5G networks. The companies began testing the drones last year in Florida using Verizon’s 4G network and now plan to test them on Verizon’s new 5G Ultra Wideband network. “We

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Tapping Into The Digital Economy With Restaurant Innovations

PYMNTS

In a bid to serve customers through digital channels, quick-service restaurants (QSRs) are rolling out new innovations. Such offerings can help QSRs bring in customers: According to the PYMNTS Restaurant Readiness Index , 62 percent of consumers said the availability of digital innovations would make them more likely to visit in the future.

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NEN Widens USAT Partnership For Cashless Payments Growth

PYMNTS

Cashless payments firm USA Technologies (USAT) is expanding its partnership with amusement kiosk operator National Entertainment Network (NEN) to bring expanded cashless payment options to more vending machines and devices, the companies announced in a press release on Friday (Nov. and Puerto Rico.

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Amazon To Open Robotics-Based Warehouse

PYMNTS

Amazon continues to make strides in its innovative eCommerce business. The retail giant has shared news that it will be opening a robotics-based warehouse in South Florida in 2018. The 850,000-square-foot facility will be staffed by robots, with 1,000 human workers handling operations.

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Retailers Rethink Store Concepts, Digital Strategies Amid New Realities

PYMNTS

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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Sainsbury’s Introduces New C-Store Format; SHOWFIELDS To Open In Miami

PYMNTS

Brick-and-mortar retailers are opening smaller-scale locations packed with technology designed to meet the needs of shoppers in cities. The retailer said that “almost 90%” of the selections in the store were chosen to meet the needs of Mansion House customers. billion by 2024 from £18.5 billion last year per IGD.

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