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Today In Retail: Walgreens To Launch Co-Branded Cards; Big Lots Reports Rise In Quarter-To-Date Comp Sales

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In today’s top retail news, Walgreens is growing its financial services offering with the help of Mastercard and Synchrony, while Big Lots, Inc. Plus, Target reported that comparable digital sales increased by over 100 percent over the holidays. Walgreens To Roll Out Co-Branded Cards With Mastercard, Synchrony.

Retail 165
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Walgreens To Roll Out Co-Branded Cards With Mastercard, Synchrony

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In the months to come, the retailer will roll out Synchrony-issued credit cards in addition to a prepaid debit card that will be fueled by the Mastercard network, according to a Wednesday (Jan. The credit cards will link up with myWalgreens , the retailer's new customer rewards program. 13) announcement.

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Gaming Platform DraftKings Partners With InComm Payments For Retail Gift Cards

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Digital sports entertainment and gaming industry platform DraftKings — known for its top-rated daily fantasy sports and mobile sports betting apps — today announced an agreement with InComm Payments , a global leading payments technology company, to launch an industry-first retail gift card. . DraftKings reported on Friday (Nov.

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Major Retailers Brace For Gift Card Fraud

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To counter fraud as the holiday season approaches, Best Buy , Target and Walmart made changes to their gift card programs. The moves were announced by the attorneys general of Pennsylvania and New York, Reuters reported. With the new policies, changes include lowering the transaction limits on the sale of store-branded gift cards.

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Today In Retail: Benetton Group Collaborates With EDITED; CarLotz Reports 12 Pct Jump In Net Revenues

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In today’s top retail news, Benetton Group is teaming once more with EDITED, while CarLotz Inc. reported that revenues rose 12 percent for the third quarter of 2020. Benetton Group Teams With Retail Intelligence Firm EDITED. EDITED Retail Market Intelligence provides live data on more than 140,000 brands and retailers.

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How Retailers Are Cashing In On A US Coin Shortage

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As the United States experiences a coin shortage due to the pandemic, some brick-and-mortar retailers are forcing consumers to tell cashiers to “keep the change.”. Customers can either round up their bills to the nearest dollar and give the excess to charity or get their change stored on loyalty cards. If the U.S.

Retail 290
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Google At Work On App-Connected Smart Debit Card

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To reportedly help it compete with Apple Pay and the Apple Card, Google is creating its own tangible and virtual debit cards. The tech company’s debit card will have the brand of Google along with its partnered financial institution; however, it is not known what the offering’s name will be.

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