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Guaranty Bank uses account-switching tool to promote new branches

Bank Innovation

The Mount Pleasant, Texas-based bank has added eight new locations over the past year in locations like Fort Worth and Dallas. Guaranty Bank and Trust is using new technology to make it easier for potential new customers to switch bank accounts as it expands its branch network.

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How J.Crew, H&M, Others Push Hard On Payments Innovation, Loyalty

PYMNTS

In a bid to increase loyalty, merchants are driving innovations in their stores. To that end, some brick-and-mortar retailers have begun to offer rewards programs for the very first time to bring shoppers through their doors. Retailers are taking new approaches to the way they attract customers.

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How Innovation Became A Core Competency For Neiman Marcus

PYMNTS

The new Neiman Marcus store in Dallas-Fort Worth is both very much like — and completely different from — the 42 other Neiman Marcus stores scattered throughout the United States. He’s the head of Neiman Marcus’ Innovation Lab. Neiman’s InCircle rewards program is legendary and drives roughly 60 percent of its retail sales.

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Why Pets Are Pulling Retail Innovation’s Leash

PYMNTS

Pet retail is having a moment, with innovation and other efforts helping merchants better reach owners of dogs, cats and other household animals. Pawscout, as it turns out, just launched its $20 pet tags in Walmart — and is selling the product via other retailers, Chavez told PYMNTS. physical retail landscape.

Retail 122
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How Auto Sales Are Driving New Retail Trends

PYMNTS

Financing is also part of the new wave of innovation in this area. The service, which made its first appearance in five Dallas-Fort Worth area dealerships, gives customers access to a variety of vehicle types, from sedans and coupes to convertibles and crossovers. New Financing.

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Target Experiments With New Loyalty Program

PYMNTS

As growth of Target -branded payment cards has slowed, the retailer is beginning to experiment with a new rewards program: Dubbed “Target Red,” the new program will not be linked to a debit or credit card , The Star Tribune reported. “We We know not everyone wants another credit card,” Joshua Thomas, a Target spokesman, told the newspaper. “So,

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Enticing Millennials With Experiences Using ?Neighborhood Goods?

PYMNTS

The old model of opening a retail store with merchandise as a main focus of the space may not appeal to today’s consumers – millennials in particular. Cities such as Plano hold promise for retail, for example, as they are fast-growing locations with many employers. This generation values experiences, not just tangible goods.