article thumbnail

How J.Crew, H&M, Others Push Hard On Payments Innovation, Loyalty

PYMNTS

In a bid to increase loyalty, merchants are driving innovations in their stores. The clothing retailer is hardly alone, as 85 percent of merchants say that they innovate to stay competitive, according to the PYMNTS Retail Innovation Readiness Index , while 77 percent say they use it to drive sales.

article thumbnail

Target Experiments With New Loyalty Program

PYMNTS

As growth of Target -branded payment cards has slowed, the retailer is beginning to experiment with a new rewards program: Dubbed “Target Red,” the new program will not be linked to a debit or credit card , The Star Tribune reported. “We We know not everyone wants another credit card,” Joshua Thomas, a Target spokesman, told the newspaper. “So,

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How Auto Sales Are Driving New Retail Trends

PYMNTS

Financing is also part of the new wave of innovation in this area. When someone goes to the auto center section of the Regions Bank website , they’ll be routed to a new, co-branded site from the two companies. New Financing.

Trends 134
article thumbnail

Fast Casual Saladworks Gets Fresh With New Locations And Restaurant Tech

PYMNTS

The 30-year-old QSR brand has plans for aggressive growth in 2017 , and Tripodes will spearhead the effort. Saladworks also plans to plant corporate stores in key markets in Atlanta, Georgia and Dallas/Fort Worth, Texas over the next six to 12 months. The company currently has about 70 franchisees.

article thumbnail

Why Pets Are Pulling Retail Innovation’s Leash

PYMNTS

Pet retail is having a moment, with innovation and other efforts helping merchants better reach owners of dogs, cats and other household animals. Walmart will kick off the expansion with new clinics in the Dallas-Fort Worth area. The retail chain is rolling out an online pet pharmacy and opening additional veterinary clinics.

Retail 122
article thumbnail

Enticing Millennials With Experiences Using ?Neighborhood Goods?

PYMNTS

In general, he said, many brands find the Dallas-Fort Worth area to be among their top cities, and markets such as Plano are less costly to open in than those larger cities. Cities such as Plano hold promise for retail, for example, as they are fast-growing locations with many employers.

article thumbnail

Is Hudson’s Bay Going To Buy Neiman Marcus?

PYMNTS

Without a doubt, 2017 has been a difficult year for department store brands. Two weeks ago we spoke with the head of Neiman Marcus’ Innovation Lab Scott Emmons about the their hew hi-tech flagship in Dallas-Fort Worth – and how the chain plans to broaden its base. “If Macy’s, Sears, and J.C.