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Top News In Payments: Santander Acquires Ebury Stake, Goldman Sachs Extends $10B In Apple Card Credit

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Also, Goldman Sachs has doled out approximately $10 billion in credit lines for the Apple -branded credit card. Goldman Extends $10B In Apple Card Credit In First Month. Goldman Sachs has doled out approximately $10 billion in credit lines for the Apple-branded credit card. Apple Card?

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For Retail Promotions, Rewards Beat Out Discounts

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To create sales lift and purchase intent without the negative brand effects of discounting, Aberdeen Group, which was created for Blackhawk Network’s Hawk Incentives, discovered that promotions based on rewards can be more effective than discount offers. In addition, members of the program can waive the $5 charge for Target Restock.

Retail 148
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Target Experiments With New Loyalty Program

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As growth of Target -branded payment cards has slowed, the retailer is beginning to experiment with a new rewards program: Dubbed “Target Red,” the new program will not be linked to a debit or credit card , The Star Tribune reported. “We So, we want to find a way to grow our relationship and affinity with those guests.”.

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How The Gap Hopes To Capture Consumers With A More Open Take On Loyalty

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Loyalty rewards for shoppers are not new to the Gap , or its associated brands, Banana Republic, Athleta and Old Navy. For those who carry either the branded Gap card, or the Gap Mastercard (or anyone who has ever been part of a retail rewards program), the offerings are fairly familiar. We have a successful Gap, Inc.

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Toy Fair Takes Business Into Its Own Hands

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They were not created to replace our existing face-to-face marketplaces (Toy Fair New York and Toy Fair Dallas) but to supplement them and help bridge the gap in industry engagement,” said Marian Bossard, executive vice president of global market events at The Toy Association. Total toy sales in the U.S.

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The Changing Omnichannel Expectations Of Consumers

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With warehouses in New Jersey, Dallas, Las Vegas and Atlanta, Boxed offers bulk-sized products , similar to those found at big warehouse retailers like Costco. Through the program, UPS is seeking to grow its business, while creating brand loyalty for merchants, and is hoping retailers will choose its service over FedEx or even Amazon.

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J.C. Penney Enhances Customer Benefits In Loyalty Program

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Penney is launching a new loyalty program that allows points to roll over from month to month and gives cosmetics brand Sephora customers the chance to double-dip on rewards. Penney credit card holders, currently about 40 percent of its customers. Penney credit card purchases earn twice the points of other types of payments.

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