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How Experiential Retail Is Giving Physical Stores An Edge

PYMNTS

As 2020 unfolds, the retail business has been dramatically altered. But with consumer spending holding steady, it’s important for retailers to grasp the opportunity to create innovative ways to get, keep and grow customers. And retailers that deploy experiential tactics drive repeat purchases at rates nearly twice those who don’t.

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

PYMNTS

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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Retail Pulse: Walgreens To Test Drone Deliveries; Walmart To Relaunch Scoop

PYMNTS

Retailers are testing drone delivery to grow their omnichannel offerings and provide “store to door” on-demand service to their customers. This is the kind of omnichannel partnership and offering that can redefine convenience for our customers and communities – delivering items to homes in minutes, not hours or days.”.

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Banana Republic Gives $20M In Clothing To Disadvantaged

PYMNTS

The fashion retailer will partner with nonprofit Delivering Good , which works to pull in retailers, manufacturers, foundations and individuals to support those in impoverished or low-income situations, according to the release. specialty brands said it was imperative now more than ever to work together to help people in need.

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All Grown Up And Ready To Pop Up: eTailers Turn To Pop-Up Store Gurus

PYMNTS

For digitally native brands moving from the web to brick and mortar, startups are providing a platform to help with the transition. When brands are ready to open up shop, Nejati seeks to help them go from idea to grand opening in about a month. Pop-Up Retail Trends.

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Gonzo Goes to BAI Retail Delivery 2014: Sweet Home Chicago?

Gonzobanker

After Retail Delivery had some mushy general sessions a few years ago, this is the second year in a row we have seen some provocative stuff on the main stage. So, isn’t retail delivery about consumer lending? Yseop made us ask if the need to tell prospects how to pronounce your name is perhaps a branding challenge.

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Peace Coffee Perfectly Times Its Pandemic-Fueled Growth

PYMNTS

The retail news is full of companies that have made brilliant and sometimes dramatic pivots to catch up with the shift to Digital 3.0. Last week, it announced that its products would expand beyond the Twin Cities to Madison, Milwaukee, Chicago and (in September) Denver. “I But sometimes the pre-pandemic plans work out just fine.

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