Remove Metro Remove Retail Remove Technology
article thumbnail

Alibaba Bids For Metro Brick-And-Mortar Stores In China

PYMNTS

14) when an exclusive report from Reuters said that Alibaba wants to buy a stake in the Chinese wholesale operations of Germany-based Metro AG. The 2018 holiday shopping season did not exactly bring the most optimistic news about the ongoing prospects of physical retail, specifically in the U.S. Store Woes. shopping mall. billion ($1.17

Metro 148
article thumbnail

Metro Cash And Carry Launches App To Help India Shops Digitize

PYMNTS

The Indian arm of German retailer Metro Cash and Carry has announced the launch of an app for kirana stores, allowing retailers to order stock, keep a check on inventory, and facilitate payments directly from their smartphones. There are plans to launch the app across all of its 27 stores in 17 cities in the near future. “The

Metro 110
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

libaba Bids for Metro Brick-and-Mortar Stores in China

PYMNTS

14) when an exclusive report from Reuters said that Alibaba wants to buy a stake in Germany-based Metro AG’s wholesale operations in China. The 2018 holiday shopping season did not exactly bring the most optimistic news about the ongoing prospects of physical retail, specifically in the U.S. That was demonstrated again this week (Feb.

Metro 100
article thumbnail

Retailers Eye Industry-Shaking Innovation With Accelerators

PYMNTS

Retailers are turning to accelerators to drive innovation, and Target is taking its program to the international stage: It is teaming up with Germany’s wholesale and food specialist METRO AG for its cohort this year. They will also visit the headquarters of Target in Minnesota and METRO’s Accelerator headquarters in Berlin.

Retail 140
article thumbnail

How A Retail Incubator Could Produce The Next Big Innovation

PYMNTS

One example in retail and payments is tech incubators — specifically, those run by specific companies and brands, a trend that shows signs of growing even more in the 2020s (which, let us remind you, are only a few months away). He added that “our customers buy our product because we offer advantages over the technologies mentioned here.

article thumbnail

Beyond Registers — What’s Next For Retail Store Payments?

PYMNTS

Is the store register on its way out in favor of other retail and payments innovation? In case you didn’t hear, Target faced a register outage that lasted for about 90 minutes on Sunday (June 16), which meant the retail chain couldn’t process cards or other forms of payment. That’s the message from a company called LISNR, at least.

Retail 138
article thumbnail

How to Build Better Deposit Performance – Size and Beta

South State Correspondent

This can be seen in the observed deposit betas below from a group of retail and commercial accounts. Deposit Technology: Banks should be mindful before they add technology to higher-balanced accounts as technology tends to decrease duration by increasing interest rate sensitivity.

How To 195