Remove Digital Strategies Remove Operations Remove Retail Remove United States
article thumbnail

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.

article thumbnail

Retail Pulse: Chipotle Mexican Grill Unveils Alexa Skill; Kroger Goes Back To Basics

PYMNTS

Retailers are tapping into voice technology to help consumers order their favorite products such as restaurant takeout as they expand their artificial intelligence (AI) strategies. 30 of this year in the United States, Canada, the United Kingdom, France and Germany.). “We In Other Brick-and-Mortar News.

Retail 139
Insiders

Sign Up for our Newsletter

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

article thumbnail

Walmart Mexico Eyes App Enhancement To Keep Money Transfers In-House

PYMNTS

At a time when the pandemic has seen a massive shift toward digital commerce, the Mexican arm of Walmart – the world’s largest retailer – is looking to leverage the river of remittances that its customers receive from the United States, and to keep more of that cash in-store. Pushing Digital. percent and 2.83

article thumbnail

How Ghost Kitchens Are Altering The QSR Landscape

PYMNTS

These are just some of the ways companies are tapping into the latest restaurant innovations with the help of technologies such as artificial intelligence (AI) and automated retail: Among diners, 71 percent would be open to QSRs incorporating AI. The new law would require most retail outlets to accept physical currency.

Tampa 134
article thumbnail

Payments Rails, Laying New Tracks

PYMNTS

From an ACH networks standpoint, noted Estep, innovation may be “skinny,” but operations are ubiquitous, connecting all the bank accounts in the United States. Evans put before the panel the notion of “past dependency” for rail operators. “We This allows for innovation to be done on top of the ACH rails. “To

Payments 105
article thumbnail

QSRs Battle For US Sales With Online Delivery And Payments

PYMNTS

The company has recently seen positive momentum and improved operating performance, and delivery is projected to accelerate future growth. billion in domestic sales — Starbucks is far and away the most successful mobile payments platform in the United States. Starbucks’ $18.4 Burger King’s $9.3 Market Differentiation.

Online 101
article thumbnail

Innovation All the Time

Independent Banker

Even with technology’s increasing influence on retail banking, it’s not typical for a community bank to have one of its most senior and trusted executives concentrate primarily on leading consumer product and payments innovation. Retail offices: 85. We had just begun to really start talking about the digital space then,” he recalls.