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Inside Chipotle’s Decade Of Digital-First Ordering Innovation

PYMNTS

Quick-service restaurants (QSRs) have heard the call for innovative digital ordering capabilities, with several major brands stepping up their investments in this area. The company has partnered with autonomous technology firm Nuro with plans to put driverless delivery vehicles to work in Houston, Texas, by the end of 2019.

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How Supplier Focus Propels AP Innovation

PYMNTS

Innovation in the accounts payable (AP) space continues to expand, with FinTechs looking to capture their piece of a growing market driven by businesses’ desire to digitize their operations. Below, PYMNTS rounds up the latest examples of how AP innovators pull suppliers’ accounts receivable processes into the fold.

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Retailers Rethink Store Concepts, Digital Strategies Amid New Realities

PYMNTS

Nordstrom opened its first full-line men’s store in Manhattan back in April, and is planning a women’s store, scheduled to open in 2019. In a presentation last month, CEO Anne Bramman said she expects digital sales to grow about 26 percent in 2017, up to 40 percent by 2022.

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Wells Fargo sees modest growth in ‘digital active’ customers

Bank Innovation

Wells Fargo’s digital strategy is showing results. million “digital active” customers in the third quarter of 2019, up 4% year over year. Wells Fargo’s digital push coincides with efforts to rationalize its branch footprint. […]. In an earnings report Tuesday, the bank confirmed it had 13.2

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Walmart Pushes Digital Innovation During Investor Day

PYMNTS

Just ahead of its annual investors meeting, Walmart lowered its fiscal 2019 forecast for adjusted earnings per share to a range of $4.65 The retailer purchased a 77 percent stake in Flipkart for $16 billion in May of this year as part of its longer-term global digital strategy. to $4.80, down from $4.90 sales growth in a decade.

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Unwrapping Chipotle’s Evolving Digital Ordering Strategy

PYMNTS

Digital sales helped the company’s revenue jump by 15 percent in third quarter 2019, and its digital orders rose by 88 percent from the same quarter the previous year. West recently spoke with PYMNTS about how the chain supports ordering innovations and examines customers’ preferences to improve future experiences. .

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eBay’s Head Of Payments On Localizing Buyer-Seller Experiences

PYMNTS

The COVID-19 pandemic is driving consumers online to shop and pay, and their rapidly changing shopping habits are forcing merchants to rethink their digital strategies. percent year-over-year increase since 2019. At the same time, eCommerce purchasing volumes are surging, with the month of April seeing a 23.5

Payments 188