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Alibaba Developing AI For Tmall Genie Smart Speakers

PYMNTS

The Tmall Genie smart speakers were introduced by Alibaba three years ago and link to more than 270 million devices from 1,100 brands in China, according to Ku. The Tmall Genie is the top-selling smart speaker in China since 2017, according to market intelligence firm IDC, Alibaba said.

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NCR Widens Regional Service With Purchase Of Midwest POS

PYMNTS

announced the acquisition of Midwest POS Solutions to expand its presence in Kentucky and Indiana, as detailed in a press release on Monday (Oct. The Indiana- and Kentucky-based Midwest POS technology company has been serving the restaurant industry for more than 75 years. There are also add-on tools to advance brand loyalty.

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Fabletics Announces Brick-and-Mortar Expansion

PYMNTS

Activewear brand Fabletics , which was co-founded by Kate Hudson in 2013, announced plans for a retail expansion across the U.S. The company confirmed that the new locations will bring the brand’s total retail store count to 30 locations throughout the U.S.

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Shift4 Payments Registers For IPO

PYMNTS

Securities and Exchange Commission] SEC completes its review process, subject to market and other conditions. In 2012, it changed its name to Harbortouch, taking the brand of its POS system. Valuations in the [processor] market are very generous right now. The initial public offering (IPO) is expected to commence after the [U.S.

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Dine-In Restaurant Stocks Rally On Vaccine News, But Food Aggregators And Pizza Chains Sink

PYMNTS

However, the “back-to-normal” rally that the markets saw on Monday represents much more of a pure-play on earnings and recovery. The leading QSR brands were mostly higher on the day, but rose more consistently with the broader market’s rally. Such a divergent market reaction jibes with PYMNTS’ consumer research.

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Weirdness Is Currency In The Attention Economy

PYMNTS

Playing with one’s food is all part of the Kentucky Fried Chicken (KFC) value proposition. There was the Watt A Box that let customers charge their phone while eating dinner, the Gamers Box that came with a mount for the phone as well as controllers attached to the sides — and now, the KFO, short for Kentucky Flying Object.

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Kroger, Walgreens Pool Resources In Retail Procurement Alliance

PYMNTS

” Kroger and Walgreens launched a pilot last year in 13 Northern Kentucky Walgreens stores to test Kroger Express, a one-stop-shopping concept. trillion market. “It He added that the two companies are committed to building efficiency by “increasing innovation and competition through sourcing. … The food industry is a $1.5

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