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How A Retail Incubator Could Produce The Next Big Innovation

PYMNTS

The myth of the lone (and possibly mad) scientist died out a long time ago, as the industrial age led to teams of researchers working together (or at healthy cross purposes) to enable innovation. He added that “our customers buy our product because we offer advantages over the technologies mentioned here.

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Retailers Eye Industry-Shaking Innovation With Accelerators

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Retailers are turning to accelerators to drive innovation, and Target is taking its program to the international stage: It is teaming up with Germany’s wholesale and food specialist METRO AG for its cohort this year. They will also visit the headquarters of Target in Minnesota and METRO’s Accelerator headquarters in Berlin.

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Inside Chipotle’s Decade Of Digital-First Ordering Innovation

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Quick-service restaurants (QSRs) have heard the call for innovative digital ordering capabilities, with several major brands stepping up their investments in this area. Pizza chain Domino’s , for example, is planning to test self-driving vehicle technology in one major metro region.

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Grocers’ In-Store Innovations For Boosting Consumer Spend

PYMNTS

To capture this spending, grocers are driving innovation through their brick-and-mortar stores with delivery and pickup efforts (among other initiatives). At the time, the retailer said the 50th metro area for grocery delivery was in Akron, Ohio and that more locations were on the way. households at the end of its fiscal year.

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Sensibill Rolls Out New Tool For Automatic Receipt Extraction

PYMNTS

Sensibill CEO Corey Gross said in the release that there's a "new urgency around cost savings, efficiencies, digital engagement and innovation in otherwise mature markets.". Our Receipt Extraction API offering uses smart technology to extract receipts in bulk with speed and precision," he said, according to the release. "We

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Why Rural Shoppers Need Digital Innovation Too

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Mostly because that is where innovations tend to get their start — ridesharing, delivery on demand, one-day shipping, buy-online pick up in-store, experimental experiential retail locations, pop-up shops and the list goes on (and on).

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Mobike, Masterpass And Riding Toward A Shared Future Of Innovation

PYMNTS

Here in the States, urban commuters are doubtlessly familiar with bike-sharing based on docking stations — from metro Boston’s Hubway service to Los Angeles’ Metro Bike Share. But in China, a change has been brewing — and rapidly, as the market is evolving away from those docks. As of the latest U.S.