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Alibaba Bids For Metro Brick-And-Mortar Stores In China

PYMNTS

14) when an exclusive report from Reuters said that Alibaba wants to buy a stake in the Chinese wholesale operations of Germany-based Metro AG. The 2018 holiday shopping season did not exactly bring the most optimistic news about the ongoing prospects of physical retail, specifically in the U.S. Store Woes. shopping mall. billion ($1.17

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Metro Cash And Carry Launches App To Help India Shops Digitize

PYMNTS

The Indian arm of German retailer Metro Cash and Carry has announced the launch of an app for kirana stores, allowing retailers to order stock, keep a check on inventory, and facilitate payments directly from their smartphones. There are plans to launch the app across all of its 27 stores in 17 cities in the near future. “The

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Metro Bank gets another shot at redemption – but too late for the small shareholders | Nils Pratley

TheGuardian

Chief executive’s boast that there is nothing wrong with its business model will sound hollow to those nursing a 97% loss Once upon a time, Metro Bank was going to shake up the old guard in the banking world via the radical strategy of opening branches while others were closing them. Those investors have now received a harsh lesson.

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libaba Bids for Metro Brick-and-Mortar Stores in China

PYMNTS

14) when an exclusive report from Reuters said that Alibaba wants to buy a stake in Germany-based Metro AG’s wholesale operations in China. The 2018 holiday shopping season did not exactly bring the most optimistic news about the ongoing prospects of physical retail, specifically in the U.S. That was demonstrated again this week (Feb.

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Retailers Eye Industry-Shaking Innovation With Accelerators

PYMNTS

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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How A Retail Incubator Could Produce The Next Big Innovation

PYMNTS

One example in retail and payments is tech incubators — specifically, those run by specific companies and brands, a trend that shows signs of growing even more in the 2020s (which, let us remind you, are only a few months away). That experience is one that is hard to gain as a vendor with new and exciting retail technology in the market.”.

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Costco’s First China Store Signals Broader Retail Trend Into Foreign Markets

PYMNTS

The answer may hold lessons for other retailers eager to do more in the Chinese market. As well, other foreign retailers have stumbled on the general path Costco seems to be taking in China. Additionally, the smartphone market is getting saturated. Costco Wholesale Corp.

Marketing 101