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Luxury Retail Steps Up Its Offline And Online Game

PYMNTS

However, the retailer is hoping to see new growth via brick-and-mortar store efforts in the coming months and into the 2020s. For instance, the new Nordstrom New York City store offers several different food and beverage locations, as well as the ability for shoppers to order food and have it delivered to them while they shop.

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Restaurant Ordering Apps, Cloud Technology, Cash Hoarding Top This Week’s News

PYMNTS

It’s the end of the workweek, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the latest in payments and commerce news. We have deep dives into in-house restaurant ordering apps and cloud technology, as well as a report on banks running short on large bills amid the coronavirus crisis.

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Wardrobe: Recommerce Meets The Sharing Economy In Bid To Become The ‘Airbnb of Fashion’

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That’s the oversimplified view of the business model adopted by Wardrobe , a new kind of peer-to-peer fashion rental company that on Tuesday (Sept. 8) is breaking out of its New York City beta test and into a nationwide launch. And it has renters who are encouraged to share their experiences on social media.

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Don’t Count Out Billboards — Amazon, Facebook And Google Haven’t

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In fact, the old-fashioned form of outdoor advertising is winning over digital marketing heavyweights and finding ways to thrive in the online world. Amid data sharing and online privacy controversies, Facebook recently promoted on billboards what Bloomberg called the social media operator’s “new approach to user safety and privacy.”

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Baby Boomers Vs. Millennials: Eerily Similar?

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While most millennials were brought up in the age of the computer, baby boomers can remember a time when they weren’t surrounded by technology. Interestingly enough, recent Pew Research Center research shows these two groups are slowly becoming more similar to one another in terms of finance, living situations and their online presence.

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How AML Regulations Are Pulling Credit Unions Into Law Enforcement

PYMNTS

Recently, though, many CUs have turned to technology-driven solutions to help members more efficiently communicate their needs and feedback. Many members first engage with their CU through its website or other online portal. Communication and engagement with members is an essential part of any credit unions’ (CUs’) retention strategy.

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NEW REPORT: Taking The Sting Out Of Cumbersome Customer Support

PYMNTS

While it’s nice to be able to shop from the comfort of the couch, purchasing online can be rather confusing for some consumers. To ease the online shopping experience, retailers are increasingly turning to social media platforms to offer consistent support to their customers. Around the Omni Usage world.

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