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A surging J.C. Penney to re-enter category it left 30 years ago
As more millennials enter the real estate market and a rising number of homeowners invest in updating their homes, J.C. Penney is re-entering the appliance business.
The retailer announced that it will introduce a leading assortment of major appliances in 22 pilot stores beginning Feb. 1. Backed by customer research that reinforces the company’s decision to enter the appliance market, the pilot is one of several strategic initiatives aimed at improving its home department sales productivity, the company said.
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Seven payment predictions for 2016
The NFC/contactless ecosystem will grow in 2016, with an increasingly number of third-party wallets coming from the likes of Samsung and Google.
That’s just one of seven payment predictions contained in a new infographic from the Ingenico Group.
To see the infographic, click here.
