Bed Bath And Beyond's membership gamble, Amazon's beefed-up seasonal hiring, The AI future of retail is here.
 
 
 
 
 
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October 14, 2016
 
 
 
 
  Merchant Innovation
 
 
 
Can Bed Bath & Beyond Compete Without Coupons?
 

Bed Bath & Beyond got some attention recently with the announcement that it was moving away from their incredibly recognizable 20% coupons to an annual membership model that will bring broader based discounts to shoppers on every visit. On paper the math makes sense — but will customers really embrace the switch?

 

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  PYMNTS Sizzle Or Fizzle
 
 
 
The Week Food Fought And Fizzled
 

While food normally isn't the type of thing that fizzles, last week was, by all definitions, unusual. Uber pulled the plug on instant delivery in some markets, Square tried to unload Caviar and Blue Apron devolved into fight clubs. Okay, well, fight clubs might be putting too fine a point on it. Maybe bi-coastal brawling would be more accurate?   Read More...

 
  Merchant Innovation
 
 
 
Artificial Intelligence In Retail Is Here
 

Artificial intelligence is already having a bigger impact on the retail industry than most people realize. Thanks to an abundance of consumer data at their fingertips, retailers have slowly and subtly begun rolling out applications for many sectors of the retail industry, everything from using AI to offer better product recommendations, to chatbots that can carry on an (almost) lifelike conversation consumers (pushing them toward checkout), to AI being utilized in image recognition systems.  Read More...

 
  Chapter 11 Watch
 
 
 
Chapter 11 Watch: Takata, A Hanjin Update And Are Chico’s, Lands' End Next Up?
 

In the latest roundup of bankruptcy filings, can add an update on embattled shipping giant Hanjin, plus Facebook Cofounder Eduardo Saverin is facing a lawsuit regarding the bankruptcy of a company that he was an investor in — and could Chico's and Lands' End be on the block for bankruptcy filing as well?  Read More...

 
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