Tue.Jan 12, 2021

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Walmart Launches Fintech Startup via Investment Firm Partnership

Retail TouchPoints

Walmart has partnered with fintech investment firm Ribbit Capital to launch a startup designed to offer affordable financial solutions. The venture aims to combine Walmart’s retail knowledge and scale with Ribbit’s fintech expertise to deliver tech-driven financial experiences tailored to Walmart’s customers and associates. Walmart will be the new company’s majority owner.

Finance 244
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Yelp Introducing Features for Businesses to Disclose COVID Safety Measures

Small Biz Trends

Keeping your small business open could mean tweaking your COVID-19 safety practices. Yelp is adding to their COVID-19 Section. They are adding customer observations on social distancing and mask wearing. There are also new content guidelines protecting businesses from unfair reviews. And new health and safety measures. The section already lets SMBs inform customers about their ongoing health and safety efforts.

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NRF 2021 Day 1: The How, What and When of Retail’s Reopening, Plus Insights From Condoleezza Rice

Retail TouchPoints

Chapter One of the 2021 National Retail Federation Big Show may be online instead of in-person, but that isn’t stopping the NRF from putting together an all-star lineup. From former Secretary of State Condoleezza Rice to Walmart Chief Customer Officer Janey Whiteside, NRF 2021 is out to prove it’s one of the biggest events in retail no matter where or how it takes place.

Consumer 203
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Everything You Need to Know About Keystone Pricing

Wiser

There’s an old saying that goes, “the perfect is the enemy of the good.”. Essentially, in all the time you spend trying to get something done perfectly on the first try, you could have aimed for “good” and iterated your way to something better based on feedback. Retailers that strive for perfection in their pricing strategies would often be better served by trying for good first, then perfecting their approaches based on how consumers react to the prices of their goods.

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Get MACH Ready: Preparing Your Business for Digital Transformation

Adopting MACH technology means more than implementing new platforms. This type of digital change affects your organization at every level and requires a thoughtful approach to navigate challenges that crop up. The Get MACH Ready report, co-authored by MACH Alliance member Scott Canney in collaboration with Orium, commercetools, and Contentstack, will provide you with strategies to prepare your organization for a digital transformation.

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Cole Haan Unveils GRANDSHØP in Harajuku, Tokyo

Retail TouchPoints

Cole Haan has opened its GRANDSHØP concept store — centered around human connection and enabled by technology — on Cat Street in Tokyo’s famed Harajuku district. “The Cole Haan brand has been growing internationally for the past several years, and is now sold in more than 60 countries,” said David Maddocks, Brand President of Cole Haan in a statement.

Shopping 163
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Reimagining Shopping Malls Post-COVID

Retail TouchPoints

After a long, grim year shrouded by the coronavirus, brick-and-mortar stores in the U.S. have mostly adapted to the mask-wearing, social-distancing normalcy. This unprecedented retail apocalypse has also required physical retailers to rethink and prepare for a post-COVID era where in-store shopping will never be the same. In China, where businesses have reopened, stores have grappled with the same challenges: sales declines, ineffective engagement and new contactless demand.

Shopping 247