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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

Brick-and-mortar fashion retailers are developing in-store experiences to encourage customer loyalty. markets, aiming to generate repeat visits as part of its experiential retail efforts. 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.

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

PYMNTS

Omnicommerce usually refers to where and how retailers sell their products, not necessarily who they choose to sell them with. From office supplies and communal workspaces to new ways to pay for concert tickets, more barriers to siloed retail activity are falling every day to the onslaught of retail partnerships.

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CES Gives View Of Growing Connected Car Ecosystem

PYMNTS

And in an example of how automotive manufacturers must form connected vehicle relationships with payments, retail and other tech players, Honda said it was expanding its in-vehicle collaboration to include Mastercard and PayPal — along with reaffirming its in-vehicle payments work with Visa.

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Financial Conferences this Fall Showcasing New Ideas and Innovation

William Mills

While this year will be remembered for: fintech labs and partnerships with traditional FI’s; the rise of millennials; and a push for real-time payments; I’ve been thinking a lot about how to gauge disruption and how we should view the messengers. The Money 20/20 conference is October 23-28 at The Venetian in Las Vegas.

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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. From using virtual reality to overhauling the retail industry to shifting trends in cross-border payments, here are some of the highlights from our 2016 Trackers.

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