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Retailers Rethink Store Concepts, Digital Strategies Amid New Realities

PYMNTS

Traditional retail locations, ranging from fashion and home furnishings to hardware and department stores, have been forced to make significant changes in the face of heightened competition from eCommerce giants like Amazon and omnichannel powerhouses, like Walmart and its online unit, Jet.com.

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QSRs Battle For US Sales With Online Delivery And Payments

PYMNTS

Touchscreen self-ordering kiosks, a new mobile pay app, dedicated pickup areas for mobile orders, digital menu boards and, yes, in-store WiFi will make up its digital strategy. As a result, the company announced in 2017 that it would be closing hundreds of locations and is now testing new restaurant tech in its stores.

Online 101
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37 Corporate Innovation Labs In Finance

CB Insights

The success of the One Market Center location in San Francisco has spurred other Innovation Centers across the world, in locations such as Dubai, Singapore, Miami, and London. This brainchild from the Lab offers a way to modernize the traditional retail banking experience. Deutsche Bank — Deutsche Bank Labs. Founded: 2016. PNC — iLab.