Innovation

Innovation in its modern meaning is "a new idea, creative thoughts, new imaginations in form of device or method". Innovation is often also viewed as the application of better solutions that meet new requirements, unarticulated needs, or existing market needs.

(source: en.wikipedia.org)

Grocers Turn to Retail Media to Supplement Consumer Revenue
Grocers Turn to Retail Media to Supplement Consumer Revenue
December 02, 2022  |  Innovation

This week in grocery, grocers tapped retail media, and a U.K. grocer tested robotic delivery. BJ’s Wholesale Club, for one, a membership-only warehouse club chain...

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Virtual X Kitchen CEO Tells Restaurants Not to Be Afraid of Raising Prices
Virtual X Kitchen CEO Tells Restaurants Not to Be Afraid of Raising Prices
December 02, 2022  |  Restaurant innovation

The fear of alienating customers may be keeping independent restaurants from increasing prices. As they struggle to balance the need to drive sales, to maintain...

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PepsiCo: Ghost Kitchens Need Better Menu Storytelling to Build Trust
PepsiCo: Ghost Kitchens Need Better Menu Storytelling to Build Trust
November 30, 2022  |  Restaurant innovation

Without physical spaces to establish trust, ghost kitchens must work harder to build customer relationships. In an interview with PYMNTS, André Moraes, senior director of...

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Chipotle Leverages Mobile Pickup to Skirt Drive-Thru Regulations
Chipotle Leverages Mobile Pickup to Skirt Drive-Thru Regulations
November 29, 2022  |  Restaurant innovation

By limiting the experience to mobile pickup, Chipotle is bringing its “Chipotlanes” to non-drive-thru locations. In an interview with PYMNTS, Chipotle Chief Development Officer Tabassum...

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Real-Time Payments Shape Commerce’s Next 3 Years of Evolution
Real-Time Payments Shape Commerce’s Next 3 Years of Evolution
November 29, 2022  |  Faster Payments

Three transformations will shape the trajectory of the global payments infrastructure business over the next three years, ACI Worldwide Chief Product Officer Debbie Guerra told...

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9 in 10 CFOs Focused on Payments Automation and Transformation
9 in 10 CFOs Focused on Payments Automation and Transformation
November 23, 2022  |  Accounts Payable

The benefits of streamlining and modernizing the payment experience through digital tools and forward-looking investments appear to have sunken in. New research shows nine out...

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ALDI Turns to Social Media to Boost Loyalty Program
ALDI Turns to Social Media to Boost Loyalty Program
November 23, 2022  |  Loyalty & Rewards

As grocers compete for shoppers’ loyalty across digital and physical channels, the bar for building relationships with customers is getting higher. Yet, a traditional rewards...

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Growing Engagement and Offers Speed Omnichannel Future of ‘Car as Wallet’
Growing Engagement and Offers Speed Omnichannel Future of ‘Car as Wallet’
November 22, 2022  |  Connected Economy

Cars went from conveyances to expressions of individuality in the 20th century, and as the connected car trend builds in this century, they’re becoming a...

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Holiday Spending Hinges on Checkout Innovation and BNPL
Holiday Spending Hinges on Checkout Innovation and BNPL
November 18, 2022  |  Checkout Conversion

This holiday season, the final critical checkout moment — be it at the register, the self-service kiosk or especially hovering above an online buy button...

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