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‘Costco For Millennials’ Attracts Big Investors

PYMNTS

A popular eCommerce retailer, which has been called the “Costco for millennials,” is attracting potential investors, according to The New York Post. With warehouses in New Jersey, Dallas, Las Vegas and Atlanta, Boxed offers bulk-sized products similar to those found at big warehouse retailers like Costco Wholesale.

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Retail Pulse: DSW Expands In-Store Experiences; L Brands Plans Store Closures

PYMNTS

DSW is no stranger to experiential retail, having opened an experimental store on the Las Vegas strip last year with offerings beyond racks of designer shoes. Shoppers can pick shoes from a display wall using the technology, which sends a message to the salesperson on a mezzanine level of the store. per share or $540 million.

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Retail Bedfellows Roundup: Staples Shares Space, Affirm Finances Life Experiences

PYMNTS

Sure, one could sit back in an armchair and chalk it all up to irascible millennials, but Staples is taking the proactive approach and making sure it can provide the right office supplies, however — and wherever — its consumers want them. “People are everywhere,” Jacobson said. “People are living in all different places.

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Streamline the User Experience with Mobile Carrier Data

ZootBlog

The entire world has gone mobile—from millennials to grandparents. Forrester research reveals abandonment rates for online banking applications are at a whopping 97.5%. Executives from both Zoot and Danal (booth #643) will be attending Money 2020, October 23-26 in Las Vegas. At the same time, you can’t introduce risk.”.

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From ACH To IoT: Looking Back On A Year Of Trackers

PYMNTS

It was a busy year throughout the world of payments, with plenty of new technology making headlines along the way. Winding down the year, the most recent Trackers examined just what it takes to get all those Christmas presents ordered online to loved ones across borders. DIGITAL BANKING TRACKER.

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Blockchain wins the race – final thoughts from Money2020

NCR

Making a process mobile first is therefore essential not just to meeting the needs of millennials and younger age groups but also to those of the baby boomers. Cash was also challenging, as so many things are now expected to be reserved or paid for online, which is impossible with cash. Blockchain triumphs in Payments Race.

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Why Hospitality May Be The Gig Economy’s Next Frontier

PYMNTS

Keeping up with the ebb and flow requires technology. Instawork, he said, has been focused on “democratizing the gig economy for a larger group of people that includes millennials and immigrants. The emphasis is on speed, and shifts may start within hours if the demand is there. You only need a cell phone and a desire to work.”.

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