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Why Does The Path To Retail Innovation Go Through So Many Labs?

PYMNTS

Innovation is one of the keys to advancement — and that increasingly means opening tech hubs, incubators and other such operations. But not all innovation labs or tech hubs give rise to seamless tech progression. PYMNTS readers can be forgiven if they view innovation labs (no matter the label) as something that verges on retail fad.

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What Innovators Can Learn From Netflix

PYMNTS

But the one thing that might work is taking a page from the innovation playbook that Netflix seems to have written and followed over the last 22 years. The growing popularity of DVD rentals in the early 2000s introduced more competition into the market, making them more affordable for more consumers. I Don’t Want To, But I Have To’.

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Flipkart Raises $1.2B On $24.9B Valuation From Walmart-Led Investors

PYMNTS

We will continue innovating to bring the next 200 million Indian shoppers online.”. million in Arvind Fashions’ new subsidiary, Arvind Youth Brands, to expand its reach in India’s fashion market. million in Arvind Fashions’ new subsidiary, Arvind Youth Brands, to expand its reach in India’s fashion market.

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Domino’s Mobile Order-Ahead 2.0: How Voice, 5G Can Deliver

PYMNTS

Domino’s was one of the first chains to innovate the space, developing an online tracker that reported order statuses to customers in real time and offered artificial intelligence (AI)-driven voice ordering. Domino’s took its first digital ordering step by introducing a delivery feature on its website in 2007. million in 2019.

Mobile 145
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Visa Inks Partnerships With More Football Associations

PYMNTS

“Visa has strategically positioned itself at the center of football and these events will further exemplify the unique experiences only Visa can provide to fans across the globe,” said Chris Curtin, chief brand and innovation marketing officer at Visa, in the press release.

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Retail Pulse: 7-Eleven Tests Cashierless Tech; Staples Debuts Connect Store Concept

PYMNTS

Our team is dedicated to continuing 7-Eleven’s legacy of innovation with industry-leading digital solutions. From RBS to 7-Eleven, retail innovators are piloting cashierless technology with their employees to help make the shopping experience faster and more convenient for the general public. In Other Brick-and-Mortar News.

Retail 143
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How QSRs Enable Digital Options With Rapid Order-Ahead Growth

PYMNTS

To meet this rising demand, QSRs are tapping into ordering interfaces built into cars and reconstructing stores to make for smoother mobile pickup — along with other innovations. From Chipotle Mexican Grill to Square , QSRs and payment firms alike are enabling a world of ordering innovation.

Mobile 116