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Retailers Rethink Store Concepts, Digital Strategies Amid New Realities

PYMNTS

The Swedish home furnishings retailer is planning to cut back on its catalog emphasis and has canceled plans for some new retail locations in an effort to improve its eCommerce platform and digital customer service. The company also launched a new co-branded Visa rewards card with Alliance Data.

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Mastercard’s 3Q Shows Masterful Masterpass

PYMNTS

In the latest earnings report showing that consumers are still happy to use their cards and spend (election be darned), Mastercard’s latest results were above the Street. Globally the card tally stood at the end of the latest quarter at 2.3 billion Mastercard and Maestro branded cards out in the field, up six percent year over year.

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Retail Pulse: Zola Opens NYC Store; Kleinfeld Shop ‘Pops Up’ In NJ

PYMNTS

Digitally native retailers are opening stores to bring their virtual experiences into the real world, and Zola is one of the latest merchants to test out the brick-and-mortar waters. The wedding retailer opened a store in New York City’s Flatiron District that is billed as a “one-stop-shop for wedding planning.”.

NJ 129
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QSRs Battle For US Sales With Online Delivery And Payments

PYMNTS

Taco Bell is living más as it pulls ahead of Burger King as the fourth-largest quick-service restaurant (QSR) brand with new delivery options and, yes, nacho fries. percent in 2017, Taco Bell has been drawing in customers with new food items, a Live Más marketing campaign and new nacho fries for $1. But McDonald ’s Corp.

Online 101
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Why QSRs Are Growing Digital Investments With Mobile, Partnerships

PYMNTS

In September, McDonald’s and Grubhub announced a new partnership to begin expanding McDelivery to roughly 500 restaurants in the New York City and tri-state area. The brand also rolled out a new platform for online ordering that is said to have come out ahead of expectations.

Mobile 131
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32 Corporate Innovation Labs In Retail

CB Insights

Retailers are looking to labs and accelerators to provide new ideas, partnerships, and collaborations on some of the most pressing challenges in the industry. From supply chain and inventory improvements to new payment options, these brands are going all in on digital. Unilever — Unilever Foundry. Founded: 2014.

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Killing Strategy: The Disruption Of Management Consulting

CB Insights

Bain worked with the company to help define its digital strategy, using data to analyze the competitive landscape as well as identify existing internal digital strengths and weaknesses. For example, if a new CPG brand is trying to figure out how to price its products, it has a fairly routinized problem on its hands.