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Retail Pulse: Walmart To Boost Supply Chain In China; JD Sports Rides Athleisure Popularity

PYMNTS

Retailers are bolstering their supply chains in China as they seek to enhance their service and offer customers fresh products. The post also pointed out that the retailer invested over RMB 700 million – which is approximately $100 million – to create the South China Fresh Food Distribution Center. Other Brick-and-Mortar News.

Retail 101
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Faster Cash Back, Happier Customers?

PYMNTS

Cash back programs are nothing new for financial institutions (FIs), but the banking industry may be well-served to take a few cues from the masters of rewards: retailers. For millennials, these cards simply don’t induce the same debt-based anxieties as credit cards. Think like a retailer. Winning the millennial market.

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Shifting The Used Car Market Into Overdrive

PYMNTS

“It’s hard to imagine that there’s so much technology and innovation happening up and down the mobility spectrum except for in this market — and it’s a $1.4 It’s 2020, we have technology everywhere all the time, and most people are doing all their research on their phones anyway. trillion market in the U.S. These are massive purchases.

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They Grow Up So Fast: Gen Z Starts Taking Consumer Power

PYMNTS

That principle seems to hold true with millennials , as they lose some of the consumer spotlight to their successors in Gen Z. Brands, retailers and payment providers are already preparing for the arrival of Gen Z as adult consumers. The retail chain recently launched three house brands geared toward its teen and young adult customers.

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The 2015 GonzoBanker Awards

Gonzobanker

It’s nice to see somebody passionate about using new payments technology to make banking easier and cheaper for the financially disadvantaged. To PNC , who at BAI Retail Delivery pointed to hiring a behavioral psychologist to review its origination process. Wells (WFC), Chase (JPM) and Bank of America (BAC) over the past five years.

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Tapping Into The Group Travel Market With Apart-Hotels

PYMNTS

The result was Domio, a site that allows travelers to use apartments in cities such as Austin, New Orleans, Nashville and San Diego. At the same time, in terms of markets, “millennials are more mobile,” according to Roberts. More specifically, he said that millennials are more outwardly mobile.

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