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Retailers Rethink Store Concepts, Digital Strategies Amid New Realities

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Traditional retail locations, ranging from fashion and home furnishings to hardware and department stores, have been forced to make significant changes in the face of heightened competition from eCommerce giants like Amazon and omnichannel powerhouses, like Walmart and its online unit, Jet.com.

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India’s Future Group Cuts eCommerce Venture, Lays Off About 400

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The layoffs affected sales, product development, marketing and ground operations and took place over the last few months, two sources said. The idea was to convert the entire offline journey of a Future Group consumer into the online world,” founder Kishore Biyani said in 2017 regarding Retail 3.0. Amazon also acquired a 9.5

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

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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. Around The Payments Orchestration Ecosystem. About The Playbook.

Payments 188
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Nordstrom Beats Q1 Estimates Amid Focus On Digital

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The digital efforts are intended to expand customer reach, as well as engagement that “uniquely positions us to increase market share and drive growth,” Nordstrom said in the call. Nordstrom said, “Ken is instrumental in driving our digital strategy as we continue to evolve our business.

New York 116
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Inside Chipotle’s Decade Of Digital-First Ordering Innovation

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A convenient and seamless ordering experience from online and mobile channels is essential for restaurant customers. Quick-service restaurants (QSRs) have heard the call for innovative digital ordering capabilities, with several major brands stepping up their investments in this area. About The Tracker.

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Walmart Pushes Digital Innovation During Investor Day

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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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Why QSRs Are Growing Digital Investments With Mobile, Partnerships

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Diners, as it stands, spend more via online channels or mobile than when buying in person, which makes delivery rewarding for restaurants and moves them to encourage ordering through those channels. The brand also rolled out a new platform for online ordering that is said to have come out ahead of expectations. The number of U.S.

Mobile 131