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

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Merchants looking to expand their operations at home and abroad must be able to support their customers’ preferred payment methods, but doing so is no easy feat. 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.

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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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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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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.

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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 Digital’s 3.0 Shift May Take Longer Than We Think

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Any business, new or old, that hasn’t used the last 12 weeks to rethink its business focus, business model and digital strategy likely won’t make it in the long term — but not because an overnight sensation will emerge in the next few months to eat its lunch. There is, of course, some truth to this.