Sending Specialized Automation To The Mall; Plus, Resetting Rewards’ Genericness Problem; And TJX Disappoints Investors | | | | | | | | | | | | | | | | | | | | | | | | | Rewriting Rewards Around Consumer Behavior | | | | The problem with most consumer rewards programs is that they make the consumer do too much work to actually be rewarding. A real shame, Drop CEO Derrick Fung noted, considering all the work and money that goes into them. But Drop believes it can build a better system by linking the rewards to payment methods instead of individual retailers — and it's just raised the funds to start bringing its new take on the global road. | | | | |
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| | | | | | | | | | | | | Mobile Checkout Finds Fresh Fuel from 7-Eleven | | | | A new push from 7-Eleven shows the growing power of mobile checkout options. Retailers big and even small are joining this trend, which promises to gain even more steam in the upcoming holiday shopping season. What’s next for this retail innovation? Read More... | | |
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| | | | | | | | | | Bringing Specialty Socks To Malls With Automated Retail | | | | Online merchants are entering the world of physical retail by putting their selections inside innovative vending machines that have an eCommerce feel. The Sock Spot CEO Ben Williams tells PYMNTS what inspired him to take the leap into automated retail — and how his company is innovating with digital payments through its installation at a San Francisco mall. Read More... | | |
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| | | | | | | | | | | How Digital Is Transforming Vital Industries In 2019 | | | | As hurricane season starts, PYMNTS takes a deep dive into new issues related to digital disaster relief, and looks at how digital is transforming other industries. Read More... | | |
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