PYMNTS

MAY 11, 2016

Common sense isn’t so common when retail is still experiencing its fair share of upheavals from each new disruptor to make it to market, but the decade-plus of online and in-store retail operating side by side has established a few new ground rules that almost everyone can agree on.

Retail 100

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PYMNTS

JANUARY 27, 2020

As they aim to fill eCommerce orders faster, supermarket retailers are piloting micro-fulfillment systems that can be positioned in the back of brick-and-mortar locations or in urban areas. Online orders still comprise a small portion of the U.S. online shopping vertical per eMarketer. grocery market at approximately 3.5

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Online Regional New York Retail 141

PYMNTS

FEBRUARY 7, 2019

Legacy retail company Foot Locker has invested $100 million in Goat Group, an online platform that sells and resells rare and classic sneakers, according to reports. Eventually, the two companies will collaborate for an online presence as well as in physical stores, to offer customers exclusive shopping opportunities.

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Online Groups Customer Experience Retail 122

PYMNTS

JULY 16, 2019

Initial tallies of data from the 48-hour Amazon Prime Day show that other retailers have seen significant benefits, reporting online sales that were 64 percent higher than a typical Monday. Adobe’s data is based on an analysis of one trillion visits to over 4,500 retail sites and 55 million SKUs.

Retail 108

Retail Online Analytics Analysis 108

Celent Banking

MARCH 16, 2015

This last week the American Banker Retail Banking Conference 2015 was going on in Austin, TX. The retailer combines the in-store and app experience to enhance the customer buying process. Banking Events Retail Banking American Banker ecommerce merchant-funded rewards mobile banking Omnichannel payments Trends'

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PYMNTS

JANUARY 16, 2020

Close the door and buckle up – retail automotive sales are getting an upgrade. For instance, online marketplace and auction site eBay has released eBay Motors, a new app that uses AI to list a car in under five minutes, according to a report by The Verge. Retail spending growth began to slow as we entered the fourth quarter,” he said.

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PYMNTS

AUGUST 19, 2016

And one exec from Merkle , the data-based marketing agency with over 100 prominent retail clients, believes retailers need to start planning their holiday shopping strategies now. The holiday shopping season also accounts for the largest percentage of online sales per year, which Gibson said rose to 8.7

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PYMNTS

MARCH 31, 2020

As bookstores remain shuttered nationwide, a 3-month-old online seller is stepping up. Between 2015 and 2018, I saw this big jump in the percentage of weekly sales for physical books that were going to Amazon.com,” Hunter told the AP. Here’s how Bookshop.org helps indie book retailers.

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PYMNTS

MARCH 16, 2016

Western retailers are just now starting to see daylight at the end of a long winter of discounting discontent, and many standbys like Macy’s and JCPenney haven’t come out unscathed. 2015 report by Statistics Korea, via eMarketer , found a striking disparity in growth between physical and online retail in South Korea last year.

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PYMNTS

DECEMBER 30, 2019

According to a study by the Center for Retail Research (CRR), More than 2,750 jobs were lost every week — about 61 every working day. The study also said that without further government intervention, job losses in retail could hit 171,000 next year. Retail is still the U.K.’s Joshua Bamfield, director of the CRR.

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PYMNTS

JANUARY 21, 2020

And nowhere is that aphorism better illustrated over the last decade than with the statistic that more than 90 percent of all retail sales took place at brick and mortar stores. It gave retailers the illusion that digital was the retail cart driven by the physical store horse. The answer, she noted, is complex.

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Retail Innovation Data New York 168

PYMNTS

MARCH 2, 2020

s most high-profile retailers is doing well in the U.S. and another one is ready to open, both of them seeking a new market as their home turf sees retail struggles. s fastest growing brick-and-mortar retailer, Wren Kitchens. And also in training our retail staff to offer the customer a fantastic service.”. expat effort.

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PYMNTS

NOVEMBER 25, 2016

Harris Poll and CIT Group, a provider of commercial lending and leasing services, recently released the results of a survey they conducted on how middle-market retailers felt about their sector’s financial health. Here are some of the key findings. Similarly, revenue growth expectations have decreased in other areas.

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Retail Marketing social media Online 100

PYMNTS

OCTOBER 20, 2017

More than 50 percent of Chicagoans will do the majority of their holiday shopping online this year, according to a survey from Accenture. The proportion of shoppers who said they plan to shop primarily at brick-and-mortar retailers stands at 35 percent. 1 as the beginning of the holiday season , and it’s going all the way through Dec.

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Online Chicago Survey Retail 124

PYMNTS

JUNE 14, 2016

Oddly enough, that’s where Nordstrom finds itself in regards to its online sales growth. The Motley Fool has a breakdown of the roller coaster ride Nordstrom’s eCommerce sales have ridden since the early 2000s, when online generated just 5 percent of sales, to 2015, which brought in 20 percent. percent last quarter.

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Online Exercises California Retail 100

PYMNTS

JANUARY 3, 2020

Online brands are growing their presence in the physical world by bringing their products into brick-and-mortar stores. Ouai , a hair and body care brand founded by celebrity hairstylist Jen Atkin, will roll out some of its merchandise in 1,200 Ulta Beauty locations in addition to the retailer’s website on Sunday (Jan.

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PYMNTS

SEPTEMBER 6, 2017

But what hasn’t been so deeply explored is how that technology can help food producers and retail firms collaborate more deeply, helping both succeed and strengthening the industries that power them. In 2016, overall retail sales climbed just 2.1 In 2016, overall retail sales climbed just 2.1 Merits Of The Collaboration.

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blockchain Retail Technology Industry 197

PYMNTS

JULY 21, 2017

No longer are retailers working with marketers to figure out a way to mass market products and services. With the advent of connected devices in the palm of almost every consumer’s hand, the retail ecosystem has certainly seen a shift. Through this omnichannel experience, retailers have more ways to connect with consumers.

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Retail social media Customer Experience Boston 137

Banking 2020

DECEMBER 22, 2014

Essentially, this is the reality for businesses of a retail nature. Which brings us to retail banking in 2015. Yes, of course we already see ads for financial institutions everywhere, but consumers today aren’t only on the subway and at sporting events, they’re online. Insights advertising generation retail'

Retail 88

Retail Guidelines Mobile Big Data 88

PYMNTS

SEPTEMBER 12, 2019

Online bank Aspiration, which has a socially conscious mission, recently announced it would give customers 3 to 5 percent back on purchases from socially conscious brands, according to a report by Bloomberg. There are more than a dozen companies in the deal, including eyeglass brand Warby Parker and Brandless, a household goods retailer.

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Online Branding Millennials California 135

PYMNTS

JUNE 7, 2019

Single consumers are a force of nature as well when it comes to retail. Single people, often neglected by many retailers – at least based on complaints and stereotypes found online – seem to be getting fresh attention in this era of online and mobile shopping, and shopping clubs. Take Costco, for instance.

Retail 133

Retail Millennials Online Innovation 133

PYMNTS

MAY 9, 2016

Though the industry knew it was coming, the sharp migration of fraud from in-store to online channels with the growing adoption of EMV is still enough to keep any online merchant up at night. The data show that since the October 2015 EMV liability shift, United States fraud attacks have jumped by 11 percent.

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Fraud Online United States Cyber Security 100

Payments Dive

FEBRUARY 25, 2016

Date: Tue, March 8, 2016 | Time: 2:00 PM | In 2015, retail sales increased by 3 percent while online stores sales increased by 9 percent. During the months of November and December, sales spiked dramatically – driving 30 percent more ecommerce revenue than during non-holiday months.

Retail 150

Retail Online 150

PYMNTS

NOVEMBER 20, 2018

In an organized retail crime (ORC) survey, the National Retail Federation found that 92 percent of respondents were victims of the practice in the past year. These criminals find new ways to expand their networks and manipulate the retail supply chain every day.”. The practice can come in a variety of forms.

Retail 110

Retail National Survey Fraud 110

PYMNTS

JANUARY 18, 2017

One might imagine that mall operators nationwide take a rather jaundiced view of the internet, since online shopping has more or less killed the mall. But perhaps that is the old conventional wisdom — the emerging idea is that online retailers are giving back some of what they’ve taken away these days. “We

Online 100

Online Retail Metro Virginia 100

PYMNTS

JUNE 16, 2017

When it comes to the ramifications for the retail industry, a Deloitte study found that 56 cents of every dollar spent in retail stores today is influenced by digital interactions. As such, it would behoove retailers to invest wisely in incorporating social media strategies into their overall marketing campaigns. together.

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Study Online social media Retail 119

PYMNTS

JANUARY 16, 2017

Retail spending in the months of November and December came in at the strongest level in five years. According to Visa’s Retail Spending Monitor, which monitors spending on the part of U.S. consumers that use Visa payment products, retail sales increased 4.8 retail sales data that was released late last week.

Retail 100

Retail Mobile Data Marketing 100

PYMNTS

JANUARY 17, 2017

Secondhand apparel is getting another go-around, more than ever before, especially online. Many retailers, like Swap.com, say their inventory is quickly growing. 2015, items marked “new with tags” bumped up nearly a quarter, and this January, that number is slated to pop up even more. million-item inventory. More than 1.3

Online 100

Online National Retail Marketing 100

PYMNTS

MARCH 14, 2017

billion by 2023, with the growing demand for mobile-based features, such as online payments, and the preference for smartphone or tablet usage boosting the market’s growth. According to a press release , the POS Terminal Industry is expected to be valued at $103.52

Retail 164

Retail Mobile Marketing Samsung 164

PYMNTS

AUGUST 10, 2016

Supermarket chains dominated a list of hottest retailers in 2015, according to information released by the National Retail Federation’s (NRF) STORES magazine. The NRF released its annual list of Hot 100 Retailers on Aug. domestic sales with sales of at least $300 million based on figures compiled by Kantar Retail.

Retail 100

Retail North Carolina Branding Washington 100

PYMNTS

AUGUST 2, 2018

Retail is undergoing a reinvention with the rise of eCommerce, and merchants are trying new approaches to their brick-and-mortar stores. Overall, retailers such as Nordstrom are changing their models as an increasing amount of retail spend is now being completed away from physical retail stores. Retail spending saw a 1.6

Retail 102

Retail Marketing Los Angeles Online 102

CB Insights

FEBRUARY 13, 2020

As businesses and consumers become more comfortable using credit cards online, the proportion of US commerce that takes place online has steadily increased over the last 20 years. Specifically, the Collisons aimed to more seamlessly connect online businesses and payment processors, allowing more businesses to accept online payments.

Online 98

Online Company Retail Payments 98

PYMNTS

NOVEMBER 21, 2016

Grocery retailer Winn-Dixie opened a second location of its next-gen, upscale store concept in Tampa, Florida, in the beginning of November. Overall, online retail in the U.S. In 2015, grocery purchases accounted for less than 2 percent of the $341 billion spent online. has seen uninterrupted growth since 2011.

Online 100

Online Marketing Taxes San Francisco 100

PYMNTS

AUGUST 4, 2016

How cumbersome and annoying do you find the return process for items that you ordered online? 2015 and are now in the process of trying to make the company’s “return bars” as ubiquitous in shopping malls as food courts and bathrooms. The growth of online commerce continues at a rapid pace. shopping malls. Until now.”.

Online 100

Online Retail Policies California 100

PYMNTS

JUNE 20, 2017

As the popularity of online shopping continues to rise, it comes as no surprise that there has also been an uptick in card-not-present purchases. trillion in 2015, representing a 26 percent growth rate that year. A combination of online spending and contactless payments are helping to drive these U.K. In 2006, 6.7 In 2016, U.K.

Online 131

Online Cards Study Mobile 131

PYMNTS

NOVEMBER 13, 2019

Since an increasing amount of BFCM shopping is comprised of online orders, Clearbanc said it’s important for eCommerce brands “to front-load inventory sourcing for the holiday season.”. Founded in 2015 by Michele Romanow, Andrew D’Souza, Ivan Gritsiniak, Charlie Feng, and Tanay Delima, Clearbanc is headquartered in Toronto, Canada.

Online 105

Online Study Capital Survey 105

Bank Innovation

AUGUST 3, 2017

It first arrived on the continent in 2015. The POS payment gateway provider has partnered with Ant Financial in order to integrate the AliPay service with European acquirers, the companies announced today. This marks an expansion for AliPay in Europe. With the partnership, AliPay will […].

Retail 246

Retail Payments Company Online 246