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Shoppers Are Caught Off Guard as Prices on Everyday Items Change More Often

CFO News Room

Retailers say the price moves are in response to rising production, labor and shipping costs, and continuing product shortages associated with the Covid-19 pandemic. Some large retailers, such as. As a retailer, what I really care about is loyalty,” said Brian Elliott, a partner at the management consulting firm McKinsey & Co. “If

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T-Mobile And Sprint Merger Puts Spotlight On 5G At Retail

PYMNTS

For retailers, 5G stands to be an opportunity to get closer to consumers and amp up the in-store experience. With speeds up to five times faster than current LTE in just a few years and reaching as much as 15 times faster by 2024, New T-Mobile’s 5G network will likely change the way consumers use the Internet. But one thing is clear.

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NCR’s Cardtronics Bid – And The Rise Of Self-Service Banking At The ATM 

PYMNTS

As noted in this space over the weekend, there already exists a preliminary agreement between Cardtronics and the investment firms, but the higher price tag offered by NCR will likely spark a re-examination of a deal. NCR made its bid official on Monday morning (Jan. Brown said. “So So we led with technology.”

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Super Apps Rising: Mobile Drives Digital Payments Uptick In Pakistan

PYMNTS

The conversation came against the backdrop where i2c announced a partnership with TAG, to launch a super app that provides instant payments capability to Pakistan’s unbanked adult population, which at present numbers about 100 million individuals. To that end, Amir Wain , CEO of i2c Inc. It will happen.”.

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Amazon Eyes ‘Surveillance As A Service’ With Drone Patent

PYMNTS

The eCommerce retailer reportedly suggested in the patent that surveillance using drone technology could be better than video-camera installations that can be tampered with or miss things. The news comes after the retailer paid over $1 billion for smart doorbell maker Ring in 2018. in the past.

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Retail Keeps Getting More Social — Even As Amazon Stumbles

PYMNTS

But social media is also driving retail innovation, and those trends are going to help shape commerce in the all-important fourth quarter and beyond into the 2020s. One recent example of the intersection of social media and retail comes from Facebook-owned Instagram. Regulation might be in the future. Amazon Stumbles.

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Walmart, JD.com Invest $500M Into Dada-JD Daojia

PYMNTS

According to a report in Reuters , citing Dada-JD Daohjia, the company is partly owned by JD.com and operates two businesses: Dada, the delivery service that has a network of 5 million delivery men, and JD Daojia, which partners with retails stores to provide delivery services.