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Walmart Plans $200M Investment In Florida

PYMNTS

To drive new-store construction and innovations, Walmart is planning on investing an estimated $200 million in its Florida business. The funds will support store openings and renovations as well as retail innovations, the company said in an announcement. million square feet — equivalent to about 20 football fields.

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How Retailers Drive Innovation With Subscriptions (And Payments)

PYMNTS

Brick-and-mortar retailers, as well as online merchants, are offering consumers all sorts of products and services through the subscription business model, from movies to tea. Some entertainment innovators are also rolling out new subscription services. Disney’s anticipated Disney+ , for instance, will reportedly launch on Nov.

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How The COVID-19 Pandemic Is Driving Remote Online Notarization?s Adoption

PYMNTS

These reasons are driving a surge of interest in and use of remote online notarization (RON) services, according to James Schlimmer , managing partner of Naples, Florida-based notary firm Cottrell Title & Escrow. Florida was one of the few states that had legalized RON services prior to the initial outbreak.

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Kroger Aims To Drive Innovation With Grocery Experience, Partnerships

PYMNTS

Kroger ’s retail transformation was front and center at its analyst day, as the firm aims to remake its business with its Restock Kroger framework. The grocer is working with icons like Walgreens and Microsoft as well as innovators such as Ocado and Nuro to enhance the customer experience and accomplish tasks that it cannot do alone.

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Retail Pulse: Luxury Brands Eye Airport Retail; Panera Bread Tests Dinner Menu

PYMNTS

These hubs for travel retail, which are providing an audience of on-the-go travelers as U.S. shopping malls are on the decline, are also becoming locations where brands are innovating with products. However, the company’s luxury unit is continually on the uptick — and travel retail is said to be partly responsible.

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Target CEO Still Bullish On Brick-And-Mortar Retail

PYMNTS

The winning retailers of the future are going to combine great physical assets with the ease that comes along with that digital interaction,” Cornell told CNBC. retail sales will still take place at stores.”. Same-store sales at the retailer increased more than 3 percent in November and December.

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Tapping Into The Digital Economy With Restaurant Innovations

PYMNTS

In a bid to serve customers through digital channels, quick-service restaurants (QSRs) are rolling out new innovations. Such offerings can help QSRs bring in customers: According to the PYMNTS Restaurant Readiness Index , 62 percent of consumers said the availability of digital innovations would make them more likely to visit in the future.