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Today in retail, Birkenstock pressures retailers not to stock look-alikes, while Off-White accepts cryptocurrency payments. Plus, 3D and augmented reality tools are boosting sales and conversion rates for CORT; Hypebeast is crashing the streetwear and sneaker party with
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a special purpose acquisitions company SPAC listing; Ted Baker is for sale; and Mattel debuts a carbon-neutral MEGA BLOKS line.Birkenstock Pressures R
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etailers, Suppliers Not to Stock Look-Alike ShoesSandal maker Birkenstock is pushing retailers to pull similar styles from other brands from their shelves 鈥?and Nordstrom and Zappos have begun
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to comply with the request. The two retailers have pulled some of Birkenstocks so-called copycats, sold by Mephisto, Naot, Freedom Moses and Viking Sandals.Luxury Label Off-White Embraces Crypto PaymentsLuxury label Off-White has begun accepting bitcoin, Ethereum, Binance Coin and Ripple cryptocurrency payments at its stores in London, Paris and Milan. In addition, customers will also be able to use stablecoins Tether and USD Coin to purchase Off-White products, with no payment limit following a fraud check.3D + AR Immersive Shopping Drive Sales, Conversion Spikes at Furniture Rental Firm CORTVirginia-based furniture rental firm CORT more than doubled its sales and conversion rates within three months of adding 3D and augmented reality AR immersive shopping tools to offset the temporary COVID-19-related closure of its showrooms alongside the general consumer migration Heem Fiserv To Acquire FinTech Ondot Systems
Australias Commonwealth Bank launched a new ATM system that allows customers to withdraw cash by using their Android or iPhone, according to Finextra.With the Cardless Cash system, customers will be able to withdraw up to $200 in cash each day without a
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card at over 3,000 ATM locations.Mobility is not a trend;
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it is increasingly our way of life, CommBank CIO Michael Har
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te told Finextra. Our customers demand more transparent, open, relevant and secure solutions, increasingly in real time, to help advise and support important decisions. These new mobile offerings will improve our customers ; banking experience by placing information-rich, value-added services and additional security at their fingertips at the time they need our help.Since the banks mobile launch in 2013, the service has drawn 2.1 million registrations.Whats Hot is aggregated content. PYMNTS claims no responsibility for the accuracy of the content published by the original source.