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

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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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Greyhound Drives Omnichannel Security With AI, Advanced Learning Tools

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Dallas-based busing line Greyhound is all too familiar with such problems, prompting it to implement advanced learning technologies to secure ticketing. Greyhound now guarantees customers’ seats, and its airline-style yield management system and real-time pricing algorithms have sharply reduced overbooking.

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COVID-19 Is Changing The Grocery Business

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Perhaps no retail category has been under as much pressure during the past six weeks than grocery. Millennials accounted for 32.9 Immediately, it’s not a serious problem,” said Subodha Kumar, a professor of marketing and supply chain management at Temple University’s Fox School of Business, in a report by NJ.com.

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Coachella’s Contextual Commerce: The Good, The Bad And The Flower Crown Ugly

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Retailers have come to recognize the incredible marketing opportunity presented by the multi-weekend music festival in Southern California. Todd Smith, president and CMO at Sonic, told MarketWatch that this campaign comes from the company’s long experience with the millennial demographic.

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Chapter 11 Watch: Hockey Chain Put On Ice, California Livin’ Goes Bust In Hong Kong

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Brick-and-mortar retail will forever remember the day that Nintendo released Pokémon GO , a mobile game that has caused millions of millennials to suddenly discover outside again. However, some retailers prefer to play cards of the kind as close to the corporate chest as possible. billion acquisition of Home Retail Group.

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As P2P Payments Grow, More Consumer Groups Get Into The Mix

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Venmo was up 64 percent year on year, said management. It is rolling out a cash-back rewards program for its Venmo Mastercard debit card at certain retailers, as announced in a press release. PayPal CEO Daniel Schulman said Venmo could see as much as $400 million in annualized revenue. and owned 61 percent of bank accounts in 2017.

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