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Want To Build A Retail Experience? Get An Incubator

PYMNTS

Foot Locker has become the latest big brand to embrace the concept of retail incubators, joining such companies as Walmart and Target in hopes of fostering innovation that will translate into more sales and customer loyalty. Its tech incubator has given birth to tech innovations and entrepreneurial efforts, as PYMNTS has covered.

Retail 108
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Sainsbury’s Introduces New C-Store Format; SHOWFIELDS To Open In Miami

PYMNTS

Sainsbury’s , in one case, unveiled a new c-store format in London called On The Go to deliver “big innovation in small spaces for local shoppers” and used data to create the Mansion House store to meet the needs of busy city workers. We’re confident this format will further strengthen our market-leading position in convenience.”.

Miami 130
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Retail Pulse: Luckin Taps Into Automated Retail; Little Caesars To Team With DoorDash

PYMNTS

Luckin Coffee, for its part, recently announced that it is entering the automated retail market with the rollout of a luckin popMINI smart vending machine and the luckin coffee EXPRESS smart unmanned coffee machine. And, beyond kiosks, coffee retailers, such as Bandit , are driving innovation with a mobile order only café concept.

Retail 131
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Giving The Gift Of Michigan With Curated Boxes

PYMNTS

The company carries brands such as the Detroit Spice Company and Lush Gourmet (Nuts). When people try a crazy recipe for a hot sauce that uses locally grown peppers or other high-end ingredients and put it next to a regular national brand, “it doesn’t even compare,” Wright said.

Michigan 129
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Gas Station TV, Verifone Combine Pump Assets Into GSTV

PYMNTS

In a press release , the companies said the combined business will operate under the GSTV brand and deliver 3.3 National and regional marketers across all industry sectors now have a way to reach valuable, attentive consumers. billion annual impressions through more than 18,000 locations in all 50 states by year’s end.

Detroit 100
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How Ghost Kitchens Are Altering The QSR Landscape

PYMNTS

These are just some of the ways companies are tapping into the latest restaurant innovations with the help of technologies such as artificial intelligence (AI) and automated retail: Among diners, 71 percent would be open to QSRs incorporating AI. DoorDash commands 35 percent of the third-party delivery market. states and 24 countries.

Tampa 134
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VW Will Build Its Own Connected Vehicle Software

PYMNTS

A “new software operating system, to be known as ‘vw.OS’ … will be introduced in VW brand electric cars from 2020 onwards.”. Growing Market. The global automotive operating system and infotainment market is worth more than $15.9 Ford said $1 billion of the $4 billion will go to Argo AI.

Software 100