Costco Jumps Into Delivery, Plus McDonald’s Szechuan Sauce Debacle And The End Of The Windows Phone.
 
 
 
 
 
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October 9, 2017
 
 
 
 
  ShopTalk®
 
 
 
Walmart Launches 30-Second Mobile Returns
 
Walmart is taking the lid off its latest omnichannel innovation: Mobile Express Returns. Daniel Eckert, Walmart’s senior vice president, says that what used to take customers five minutes now takes them 30 seconds once they step inside a Walmart store. According to Eckhert, it’s one of the advantages that comes from having a store within 10 minutes of 90 percent of American consumers. It's also just the latest in a long list of innovations he hinted are on the horizon.
 
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  Artificial Intelligence
 
 
 
How FIs Can Train Human And AI Employees To Work Together
 

Yes, artificial intelligence (AI) is great. It can drive efficiency and volume, and create greater security and fraud protections for financial institutions, retailers and other organizations. There is little doubt that AI is the way of the future. However, getting to the point of efficiency that generates time and cost-savings is not always an easy process. Teaching machines and employees to work together can be far from intuitive. Rephael Sweary, WalkME president and co-founder, outlines some of the challenges and one way to meet them.  Read More...

 
  PYMNTS mPOS Tracker™
 
 
 
NEW REPORT: Junk Drawer Gift Cards Find New Appreciation On A Mobile Marketplace
 

By some estimates, there’s as much as $1 billion in unspent gift cards gathering dust in junk drawers across the U.S. But it doesn’t have to be that way. In the latest PYMNTS mPOS Tracker, George Bousis, CEO of mobile marketplace Raise, explains how the company is working to free those gift cards from the dusty drawers and get them into the hands of shoppers looking for a discount. Find that, the latest headlines and rankings of 291 players, inside the Tracker.  Read More...

 
  Virtual Gifting
 
 
 
White Label, Red Envelope Virtual Gifting In The New Media Space
 

Livestream monetization could be the next big thing — both for content creators and for advertisers — thanks to the concept of virtual gifting, a way for viewers to send cash to their favorite livestream content creators. Todd Anderson, Agora.io vice president of global sales and business development, explains how it works, how it’s taking off in China and how it could do the same worldwide in the next 18 months.  Read More...

 
  What's Hot Today in Retail
 
 
- Costco Enters Race With Two-Day Delivery
 
- Szechwan Sauce, Stabbings And A McDonald's Promotion Gone Way Wrong
 
- R.I.P. Windows Phone
 
- UberPop Is Out In Norway
 
- Amazon’s Move To RX Online
 
- Apple's Design Head Says Most Products Are 'Soul Stealing'
 
- Apple Investigates Swelling iPhone 8 Batteries
 
- The Latest Gig Workers: North Korean Diplomats
 
 
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