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Retailers Eye Industry-Shaking Innovation With Accelerators

PYMNTS

Retailers are turning to accelerators to drive innovation, and Target is taking its program to the international stage: It is teaming up with Germany’s wholesale and food specialist METRO AG for its cohort this year. They will also visit the headquarters of Target in Minnesota and METRO’s Accelerator headquarters in Berlin.

Retail 140
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How QSRs Are Driving Retail Innovation Via Emerging Tech

PYMNTS

Retail innovation comes from various places – and for the new decade, that includes quick-service restaurants (QSRs), the site of massive technological change. Loyalty, too, is a source of innovation. It is all but certain that in the new decade, QSRs will continue to drive retail innovation. Contactless Payments.

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Retail Malls Look For New Innovations, Commerce And Otherwise

PYMNTS

What to do with retail malls? That is among the latest trends as retail reinvents itself, and technology and other trends force new uses for old commerce spaces. Mall of America is teaming up with University of Minnesota physicians and a Minnesota-based health care system to operate the clinic.”. Mall Leases.

Retail 108
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Can 5G Power Retail Drone Deliveries?

PYMNTS

UPS , too, is going down the drone path – one that Amazon pioneered for retail delivery uses – and is seeking a certification to operate commercial drone flights. For its part, Amazon is also experimenting with other – perhaps sexier – shipping innovations. The company applied to the U.S.

Retail 169
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Tesla ‘Supercharges’ Charging Stations With Retail

PYMNTS

As drivers of electric vehicles spend more time waiting at charging stations than drivers of traditional cars spend at the pump, Tesla is planning a retro-themed charging station with retail components in Santa Monica, California. Already, Tesla has built charging stations with some retail components. 4 Super Bowl at U.S.

Retail 116
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Target CEO Still Bullish On Brick-And-Mortar Retail

PYMNTS

The winning retailers of the future are going to combine great physical assets with the ease that comes along with that digital interaction,” Cornell told CNBC. retail sales will still take place at stores.”. Same-store sales at the retailer increased more than 3 percent in November and December.

Retail 115
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How Mobile Order-Ahead Drives Innovation In Restaurant Design

PYMNTS

According to the PYMNTS Mobile-Order Ahead Tracker , however, even smaller chains such as Minnesota-based Caribou Coffee are also harnessing the technology by creating mobile-order ahead apps as well. Large chains like Dunkin’ and Starbucks were among the first to embrace mobile order-ahead technology.

Mobile 146