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Sephora Debuts Contactless Payment via Associates’ iPhones

Retail TouchPoints

retailer to offer Tap to Pay on iPhone, which allows associates to accept contactless payments using their iPhones without requiring a dedicated payments card reader or additional hardware. Morgan Payments powers the Tap to Pay on iPhone service, which can accept credit and debit cards, Apple Pay and NFC-enabled digital wallets.

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URBN to Deploy Common Payments Infrastructure Across Brands

Retail TouchPoints

URBN , parent company of Urban Outfitters , Anthropologie , Free People and FP Movement , will adopt Stripe as its primary payments infrastructure for both online and in-store sales, consolidating the majority of its North American payments volume onto the solution provider.

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Move Past Hype to Focus on Value with AI Implementations in the POS Space

Retail TouchPoints

For quick service restaurants (QSRs), that’s the ability to immediately access the customer’s favorite menu items, upsell and cross-sell intelligently, and make loyalty rewards offers that effectively incentivize future visits. Businesses must work with software providers that help them manage data consent, privacy, and compliance.

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Lord & Taylor, Men’s Wearhouse Parent Declare Bankruptcy

Retail TouchPoints

In May, sources told Reuters that Lord & Taylor was waiting until its stores were allowed to reopen from COVID-19 shutdowns to file for bankruptcy, so that it could bring in the public for those sales. A joint venture of Hilco Merchant Resources and Gordon Brothers is conducting the liquidation.

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Study: How Retailers are Managing the Tug-of-War Between Employee Satisfaction and Profitability

Retail TouchPoints

Employee satisfaction plays a central role in store operations. After all, when employees are happy and engaged, they create more productive and profitable store environments. According to research from Emarketer , U.S.

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Home Depot Appoints Company Veteran as CEO

Retail TouchPoints

Decker joined The Home Depot in 2000 and was named President and COO in October 2020, responsible for global store operations, global supply chain, outside sales and service and real estate as well as merchandising, marketing and online strategy.

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The Reality of AI in Retail: Executives Break Down Opportunities, Challenges at NRF

Retail TouchPoints

We also see AI giving us some really interesting opportunities within our guest services areas, to bring in more data and insights when customers contact us. Same thing with process optimization: that AI model typically doesn’t work out of the box. And then, fuel dependency — data is the fuel to power your AI model. [One