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Powering Retail Innovation With Digital Technology

PYMNTS

The company brought its app and device to market just two weeks ago. In investments, retail dispute management firm Chargeback closed a funding round to speed up growth and to help retailers reduce credit card disputes. And in tech, the future of retail may include mobile scanning. All this, Today in Data.

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

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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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How Retailers Can Ride The Rise Of Mobile Wallets

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Starting with the release of Apple Pay in 2014, there was a veritable rush of proprietary mobile wallets sent to market, a host of “. And in many places, for the first time, our retailers are open to it. Mobile payments have long been billed as the next big thing. Pays” for consumers to choose from. Unlocking Stored Value .

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Costco’s First China Store Signals Broader Retail Trend Into Foreign Markets

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The answer may hold lessons for other retailers eager to do more in the Chinese market. As well, other foreign retailers have stumbled on the general path Costco seems to be taking in China. Chinese competitors are cramming Apple’s same technology into their smartphones, but are charging a fraction of the cost.

Marketing 101
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India’s Retail Market Set To Reach $38B In 2016

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The retail sector in the region grew by 209 percent from $4.4 billion in 2014, more than tripling in fewer than five years. Others, including the Confederation of Indian Industry and reporting firm Deloitte, predict the online retail sector in India will reach $1 trillion by 2020. But technology-led companies simply go bust.

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Subscription Commerce Is Expanding Beyond Retail

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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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Auto Sales Race Toward A New Retail Future

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Close the door and buckle up – retail automotive sales are getting an upgrade. The online marketplace company aims to eventually use AI technology on descriptions, so that a user could give basic details and the AI would flesh out the rest. million vehicles were purchased in 2014. for both iOS and Android. More Funding.

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