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Steal This 5-Step Banking Innovation Playbook from Gentle Monster

South State Correspondent

Honkook Kim and his Gentle Monster Brand is a perfect example. The Banking Innovation Playbook – Step 1: Find a Niche Kim looked at the market and knew he needed traction in at least a single segment where he could create a brand and a following for Gentle Monster.

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Can Big Brands Survive On The Store-Within-A-Store?

PYMNTS

Retailers as dependent on a brick-and-mortar footprint as Macy’s don’t always have the luxury of fixes to pick from if their stocks experience the continuous slide that the former tentpole brand’s has. The commitment to the store-within-a-store extends, ironically, beyond the physical.

Branding 100
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So Far, 2016 Is A Boom Year For Retail Bankruptcies

PYMNTS

Absolutely no need to panic, then — unless the topic is retail bankruptcies , which increased year over year by 24 percent. Such is the double-edged sword of a retail industry swept up in innovation. For every new path cut through the market, the retailers standing in the way are cut down. January — Wet Seal. As of Feb.

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Tulip Retail Enables Sales Reinvention

PYMNTS

As the rise of eCommerce marches onward, physical retailers increasingly rely on store transformation initiatives to reinvent brick-and-mortar stores to maintain majority market share and boost consumer interest. One such retail reinvention shifts the role of store associates from a sales position to one of service.

Retail 102
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Kering To Debut Its Own eCommerce Sites

PYMNTS

The move means that the company will end its JV that has been in place since 2013 with Yoox Net-A-Porter, which as the newswire stated helps third-party brands develop sites. By 2020, Kering will bring full control of its luxury brands online through its own internal activities, which include building tech teams, said Reuters.

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Recology’s CleanScapes And The Future Of Green Retail

PYMNTS

Retail stores are rarely built by accident, particularly in the real world, if for no other reason than retail is sort of an intentional thing. But Recology CleanScapes — an operating company under Recology — is different from most of what is out there in retail. The first of these concept stores got off the ground in 2013.

Retail 108
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Signatures Sizzle (Because They Fizzle) And Retail Defaults Alarm

PYMNTS

It was a record-breaking first quarter for retailers in the U.S. According to a report issued by Moody’s earlier this week, the retail sector managed to notch a record number of defaults during Q1 2013, with nine retailers defaulting on their debt. corporate borrowers has increased to 3.9 percent, compared with 3.4

Retail 116