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American Brands Are Bullish On Retail Expansion In China

PYMNTS

American retailers are heading east: They’re opening the doors to brick-and-mortar stores in China, while listing on China’s dueling marketplaces — Tencent and JD.com. Walmart , for example, brought a small-format supermarket to the city of Shenzhen as the popularity of “small retail” grows in China. Ralph Lauren.

Branding 101
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Visa’s Sensory Branding Goes Global

PYMNTS

Today (June 17) Visa is announcing that their sensory branding suite is in over two dozen countries care of a dozen new partnerships. Visa’s sensory branding suite of products includes a sound, animation and haptic cues for consumers and merchants when a Visa transaction is completed.

Branding 116
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Sneaker Sales Propel 3Q Surge In Under Armour Earnings

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Patrik Frisk, president and CEO of Under Armour, told The Baltimore Sun that the company is focused on returning to profitability and is planning to invest in eCommerce and company-owned retail outlets. . The brand is also making moves to reel-in the number of brick-and-mortar locations that carry the Under Armour line. .

Baltimore 219
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In The Americas, Mastercard’s Growth Outpaces All Others

PYMNTS

The number of Mastercard cards increased 6 percent in the Americas in 2015, which compares to a 4 percent increase for Visa, but Visa still holds the spot as the largest card scheme in the region, reported RBR. Mastercard branded cards account for 40 percent of the total in Canada, helped by an agreement between Mastercard and Costco.

America 100
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How Digitally Native Brands Can Grow With Showrooms

PYMNTS

Digitally native brands are trying on a new brick-and-mortar model for size: Instead of opening the doors to cavernous stores, they are opting to create smaller-format locations. In turn, brands such as Indochino can benefit by not having to stock many items. Already, the company has about 30 showrooms across North America.

Branding 119
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Samsung Pay Launches Debit Card, Money Management

PYMNTS

“Now more than ever, people are counting on technology to help them make contactless payments, shop, and manage their finances without leaving the house,” said Sang Ahn, vice president and GM of Samsung Pay’s North America service business, in a statement. By early 2019, Samsung Pay’s international presence grew to six global regions.

Samsung 230
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Post-Toys R Us, Retailers Vie For Experiential Toy Shoppers

PYMNTS

Retailers are doubling down on toys amid a gap in the market left by the bankruptcy of Toys R Us. toy retailer Hamleys , for instance, is eyeing a potential New York City location for a flagship store. The atmosphere comes as brick-and-mortar retailers have to differentiate themselves from their eCommerce counterparts.

Retail 166