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Physical Retail Looks For New Life This Holiday Season

PYMNTS

The obituary for brick-and-mortar retail has been written many times. But recent developments show there is still life — and perhaps even new life — in physical commerce. The results of a new survey found that most people — around 77 percent — plan on returning some of their gifts this holiday season, according to reports.

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Can ‘Elective’ Fees Work For Retail Banks?

PYMNTS

But that’s not stopping efforts at innovation and disruption in this space. Aspiration Bank is one of those innovators hoping to gain socially-conscious consumers via a pay-what-you-like fee structure — while also managing to please investors at the same time. New York City and the Bay Area combined,” he said.

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Banks Bring Coffee Shops To New Branches

PYMNTS

With the bank branch of the future, large institutions such as Capital One and Fifth Third are aiming to create spaces that appeal to millennials around Chicago that provide technical support, financial advice and — in some instances — cappuccino. Pablo Sanchez, who is the head of retail banking and wealth management for HSBC in the U.S.

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eCommerce Site Jet To Offer Blue Apron’s Knick Knacks

PYMNTS

We are proud to introduce Knick Knacks as our latest culinary innovation, which gives consumers the ‘secret sauce’ – from our test kitchen to their home – to create a delicious meal, while allowing for the flexibility to customize certain ingredients based on their personal preferences.”.

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Making Shopping About The Shoppers (Again)

PYMNTS

One would expect that a event called the Retail Innovation Conference (RIC) would be a veritable brainstorm of big ideas as to how to improve the woeful retail space in the U.S.: As Retail Dive found in its experience at RIC, many analysts believe that somehow — and fairly recently — retail has lost its way in that regard.

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American Apparel And Postmates Pair Up

PYMNTS

.” While Luedorf and American Apparel might be hitting the express delivery point hard, it only applies to a subset of 50 products the retailer is dubbing as “basics.” The boon from the partnership is obvious for American Apparel, but Retail Dive noted that it maintains a certain momentum for Postmates as well.

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Why Grocers Are Providing Fresh Options For Digital Omnicommerce Shopping

PYMNTS

Omnichannel features are becoming more crucial as tech-savvy millennials gain more spending power and influence, according to the PYMNTS Enterprise Retail Grocery Report. Nearly 17 percent of consumers say having the ability to scan and pay with a mobile phone is the most important factor when choosing a grocery retailer.

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