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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.

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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,

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How Auto Sales Are Driving New Retail Trends

PYMNTS

The online marketplace company wants to eventually be able to use AI technology on descriptions, where a user could give basic details and the AI would flesh out the description. Financing is also part of the new wave of innovation in this area. New Financing.

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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.

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Enticing Millennials With Experiences Using ?Neighborhood Goods?

PYMNTS

These stores are relying on restaurants, bars, guest speakers and self-service technology to draw in customers in lieu of sales signs and deep discounts. 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.

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How Innovation Became A Core Competency For Neiman Marcus

PYMNTS

The new Neiman Marcus store in Dallas-Fort Worth is both very much like — and completely different from — the 42 other Neiman Marcus stores scattered throughout the United States. Those all have to be part of the experience, and that is what we are thinking about when we think about new technology.”.