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Retail Pulse: 7-Eleven Tests Cashierless Tech; Staples Debuts Connect Store Concept

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Brick-and-mortar retailers are testing convenience store designs that let consumers skip the checkout line and pay for their purchases with their mobile phones. 7-Eleven President and CEO Joe DePinto said in an announcement , “Retail technology is evolving at a rapid pace, and customer expectations are driving the evolution.

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Retail Pulse: Domino’s Opens 10,000th International Store; McDonald’s Buys Dynamic Yield

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Frank Krasovec, chairman of Domino’s master China franchisee Dash Brands Ltd., said in an announcement , “Not only are we excited to open the 200th Domino’s location in mainland China, but we are thrilled that it marks the brand’s 10,000th store outside of the U.S.”.

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Neiman Marcus Emerges From Chapter 11

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has completed its Chapter 11 bankruptcy protection process and emerged from one of the highest-profile retail collapses since COVID-19 began, the Dallas-based company disclosed. We emerge from Chapter 11 as a stronger, more innovative retailer, brand partner and employer.”. Neiman Marcus Holding Company Inc.

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How Innovative mPOS Is Paving The Way To A Self-Checkout Future

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To serve customers who want to shop in stores and online, retailers and solution providers are working to offer a unified retail experience across multiple channels. In some cases, brands like Loblaw and Nike are letting shoppers use their mobile phones to pay for their purchases at their physical stores.

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Meal Kit Companies Reconsider Direct/Subscription Model In Favor Of Retail

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He said the company’s pilot program, which initially sold meal kits in 17 Costco stores and has expanded to 80 locations within three months, has “further validated to us the power of Costco’s retail platform.” Retailers have realized that consumers still like to come into stores,” Kilcourse said.

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Gambling Site DraftKings To Sell More Shares In $1.6B IPO

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“By bringing together our leading consumer brand, data science expertise and industry-leading products with SBTech’s proven technology platform, we will accelerate our innovation, growth and scale,” he said. “I For the first three months of 2020, DraftKings, which has 800 employees in Massachusetts, posted a net loss of $68.7

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The Year Of The Pop-Up Shop

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cities this year, with big brands testing retail concepts “in real life” with temporary spaces. And, in some cases, brick-and-mortar retailers brought these concepts to their sales floors with their own takes on pop-up shops. Big Brands Turn To Pop-Ups. Pop-up shops welcomed consumers in malls and major U.S.

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