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Enticing Millennials With Experiences Using ?Neighborhood Goods?

PYMNTS

The old model of opening a retail store with merchandise as a main focus of the space may not appeal to today’s consumers – millennials in particular. Cities such as Plano hold promise for retail, for example, as they are fast-growing locations with many employers. This generation values experiences, not just tangible goods.

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Welcome To The New C-Store Innovation Game

PYMNTS

Retail innovation labs – incubators or tech hubs – aren’t confined to operations run by the likes of Amazon or Walmart. A new lab store from 7-Eleven underscores the innovation wave that is taking place in the convenience store sector of retail – a sector ripe for change, disruption and growth. stores with the innovation.

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2018 Recap: The Year That Retailers Evolved With Their Mobile Apps

PYMNTS

It has been a busy year in the world of mobile commerce, particularly with retail apps. Below, PYMNTS rounds up the top trends of the year and sheds light on how retailers are tapping into mobile apps to make the shopping experience more convenient and less time consuming for shoppers. Apps As Mobile Ordering Tools.

Retail 136
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Mobile Ordering, The New Window To Winning Over Millennial Consumers

PYMNTS

It seems that most every industry these days is vying for millennial dollars and devotion. For an industry where millennials are projected to spend nearly $800 billion in 2017 (that’s 7 percent more on monthly food budgets than average Americans), restaurants are hankering to pull out all the stops to get millennials to order — in or out.

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Circuit City Still Eyeing Comeback, But Wants To Take Its Time To Get Things Right

PYMNTS

There was plenty of excitement in the retail sector after TWICE broke the news in January that an outside investor had acquired the iconic Circuit City brand, with plans to revive the business and open anywhere from 5,000 to 10,000 new locations over the next five years. And then, nothing.

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Retail Pulse: Walmart To Boost Supply Chain In China; JD Sports Rides Athleisure Popularity

PYMNTS

Retailers are bolstering their supply chains in China as they seek to enhance their service and offer customers fresh products. The post also pointed out that the retailer invested over RMB 700 million – which is approximately $100 million – to create the South China Fresh Food Distribution Center. Other Brick-and-Mortar News.

Retail 101
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How The Gap Hopes To Capture Consumers With A More Open Take On Loyalty

PYMNTS

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.