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Retail Pulse: 7-Eleven Tests Cashierless Tech; Staples Debuts Connect Store Concept

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Brick-and-mortar retailers are testing convenience store designs that let consumers skip the checkout line and pay for their purchases with their mobile phones. 7-Eleven President and CEO Joe DePinto said in an announcement , “Retail technology is evolving at a rapid pace, and customer expectations are driving the evolution.

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Chase Plans Expansion In Top US Markets In 2019

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Chase has announced it is expanding its retail footprint into nine of the top American markets, as well as opening dozens of new locations in the greater Washington, D.C area, Philadelphia and Boston. Chase plans to open 90 new branches and hire 700 employees by the end of 2018.

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Saving Main Street: How A Business School Is Helping Toronto SMB Retailers

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A partnership was born, and the students could then help retailers get onto the Shopify program and generate precious revenue. Next, Carder developed a plan to unleash the students, who have digital marketing and product management skills, to the retail community along with partnerships in their belts from Google, Facebook and Shopify.

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Simon Property Group Looks To Raise $300 Million For Shell Company

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The move comes as the retail industry is reeling from a double blow: fallout from the pandemic and the great shift of consumer buying to online sales. Simon owns such properties as the upscale Copley Place in Boston. The new company will be a special purpose acquisition company (SPAC) called Simon Property Group Acquisition.

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Can ‘Elective’ Fees Work For Retail Banks?

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Aspiration Bank is one of those innovators hoping to gain socially-conscious consumers via a pay-what-you-like fee structure — while also managing to please investors at the same time. What we’ve really done is create this category of socially conscious, sustainable retail banking that really didn’t exist before,” Cherny said.

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Instacart Raises $271M On $7.8B Valuation

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hedge fund Tiger Global Management and existing investors Coatue Management and Valiant Capital. We want to make grocery shopping effortless by helping our customers get the groceries they need from the retailers they love. A source told Reuters that the additional funding comes from investors, including U.S.

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CVS Eyes Concept Stores Amid Planned Aetna Deal

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The health retailer is looking to open concept stores in the beginning of 2019, CNBC reported. The retailer plans to focus on the management of chronic conditions, such as asthma, kidney disease and cardiovascular disease, while also seeking to encompass more services at its MinuteClinics.

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