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Steal This 5-Step Banking Innovation Playbook from Gentle Monster

South State Correspondent

Honkook Kim and his Gentle Monster Brand is a perfect example. The Banking Innovation Playbook – Step 1: Find a Niche Kim looked at the market and knew he needed traction in at least a single segment where he could create a brand and a following for Gentle Monster. Find the gap in one segment and build success from there.

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Canadian D2C Seller Brings Unique Business Model To Furniture Market

PYMNTS

That competition has also extended to high-end furniture market, which is starting to show some new activity with Crate & Barrell, CB2, West Elm and now a direct-to-consumer (D2C) Canadian brand called Article gaining momentum. Founded in 2011 as a high-end home décor brand, it turned a profit after just two years.

Marketing 141
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Hertz Partners With Shift Technologies

PYMNTS

George Arison, founder and CEO of Shift Technologies, was quoted as saying: “The intent of the partnership is to combine Hertz’s cars with our customer experience to give customers an opportunity to buy these cars directly. Additionally, Hertz could certainly use an additional sales channel.

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Lowes And b8ta Collaborate On Smart-Home Shopping

PYMNTS

Consumers aspire to live a connected life and crave solutions that make this possible,” said Ruth Crowley, vice president of customer experience design at Lowe’s. So, we developed Smart Home powered by b8ta to emulate a ‘lab-like’ atmosphere that empowers customers to make informed decisions.”.

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Walmart’s Allswell Goes On Tour; Target To Expand Debut Of New Loyalty Program

PYMNTS

Startups in the eCommerce space have long enabled their customers to experience their products in real life (“IRL”) through temporary retail shops, and now, digitally-focused brands belonging to major retailers are taking a similar approach. 7) in New York City. We could open stores as an expansion of our digital presence.”.

Charlotte 135
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The New Whole Foods Is Coming

PYMNTS

Will Whole Foods’ new concept, 365 by Whole Foods Market — which promises to offer cut-priced organic goods, an improved customer experience and the ability to “hang out” in the new stores — force consumers to find a new reason to resent the grocery giant?

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Custom Furniture, On Demand

PYMNTS

This is where Interior Define wants to make a difference, by essentially allowing customers to make their own needle while shopping for furniture online. Directly out of the gate customers began requesting customization options that went beyond our initial offerings. Pieces start at about $700, firmly in the middle-market range.