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Retail 2021: The Five Things Retailers Should Be Talking About At NRF This Week

PYMNTS

Every year for the last 110 years , members of the retail trade group, known as the National Retail Federation (NRF), have assembled to discuss the slate of issues pertinent to its members. COVID-19, of course, didn’t cause physical retail’s steep decline — it just accelerated it. Retail is now about logistics and the last mile.

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Subscription Commerce Is Expanding Beyond Retail

PYMNTS

News came last week that Facebook is trying to get into the video streaming subscription business and attempt to steal market share from YouTube and Amazon. Subscription commerce is attractive to entertainment platforms as well as retail businesses because it locks in revenue streams, and customer data can help with planning and forecasting.

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PetSmart Acquires Leading Online Pet Food Retailer

PYMNTS

PetSmart is boosting its digital offerings through the acquisition of Chewy, the leading online retailer of pet food and products. After the deal is closed, Chewy, which was founded in 2011, will continue to be led by CEO Ryan Cohen and operate primarily as an independent subsidiary of PetSmart.

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Risk-Aware Marketing to Personalize Telco Customer Engagement

FICO

Risk-Aware Marketing to Personalize Telco Customer Engagement. Innovators are shoring up their market share by opting for cloud-hosted platform technology more typically favoured by banks. Here's how technology from the banking space can help telcos compete with aggressively competitive sales and retention tactics. FICO Admin.

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Meal Kit Companies Reconsider Direct/Subscription Model In Favor Of Retail

PYMNTS

billion market to a $5 billion market by the end of 2017, as independent startups entered the business only to find supermarket chains and big box stores entering the mix. For example, retailers that get customers to pick up goods inside a store have the opportunity to get them to buy more products when they come to pick up orders.

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Windsor Circle Boosts E-Retail Retention, ROI

PYMNTS

As retail pushes further into online spaces, many marketers and merchants alike are focused on clicks and open rates to measure the success of campaigns and consumer outreach, said Matt Williamson, cofounder and CEO of Windsor Circle. With its Predictive Lifecycle and Marketing Platform, the Durham, N.C.-based

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WorldRemit opens Toronto office to help grow Canadian customer base

Bank Innovation

-based digital money transfer company WorldRemit opened its Canadian headquarters in Toronto this week, a move that puts it in the midst of a growing market for cross-border payments solutions among immigrant populations.