PYMNTS

AUGUST 17, 2017

It can be argued that some of the toughest buyers to keep in mind when planning out retail strategies are teenagers. While one day a teen may be into shopping strictly online, another day may see an offline preferred experience or a mixture of both, and retailers must be at the ready to transform engagement efforts at any given time.

Retail 127

Retail social media Online Mobile 127

PYMNTS

AUGUST 17, 2017

It can be argued that some of the toughest buyers to keep in mind when planning out retail strategies are teenagers. While one day a teen may be into shopping strictly online, another day may see an offline preferred experience or a mixture of both, and retailers must be at the ready to transform engagement efforts at any given time.

Retail 114

Retail social media Online Mobile 114

PYMNTS

JUNE 7, 2019

That, in turn, reportedly provides another opportunity for the emerging and growing legal cannabis retail sector. Yet the growth of the legal cannabis retail industry demonstrates that many consumers will, or might soon, shift their intoxication methods. Take luxury retail , for instance. consumers are drinking less beer.

Retail 124

Retail Industry New York Millennials 124

PYMNTS

JANUARY 14, 2019

It looks like we can finally have a serious conversation about the impending collapse of physical retail in the U.S. All it took was a 160-year old retailer and a $34 billion kick in the stomach to the retail sector to get everyone’s attention. retailer, Sears, which found itself standing at Chapter 7’s front door.

Retail 198

Retail Online Mobile Data 198

PYMNTS

JUNE 26, 2017

It seems that most every industry these days is vying for millennial dollars and devotion. For an industry where millennials are projected to spend nearly $800 billion in 2017 (that’s 7 percent more on monthly food budgets than average Americans), restaurants are hankering to pull out all the stops to get millennials to order — in or out.

Millennials 125

Millennials Mobile User Experience Survey 125

PYMNTS

OCTOBER 6, 2019

Go Global Retail announced its plans to acquire the assets of ModCloth from Walmart. ModCloth offers exclusive indie and vintage-inspired women’s clothing, shoes, handbags and accessories for 18- to 35-year-old women, while Go Global Retail is a brand investment platform for strategic investors in the consumer sector.

Retail 129

Retail Branding Strategy Digital Strategies 129

PYMNTS

APRIL 13, 2018

It was a record-breaking first quarter for retailers in the U.S. According to a report issued by Moody’s earlier this week, the retail sector managed to notch a record number of defaults during Q1 2013, with nine retailers defaulting on their debt. As a result of the series of retail fails, the default rate of high-risk U.S.

Retail 116

Retail Course Washington Marketing 116

PYMNTS

AUGUST 11, 2017

Within these emerging markets, we’ve seen retailers make large bets on luxury. This is evident with China’s JD.com snapping up luxury brand marketplace Farfetch for a cool $397 million this summer. This is due to the fact that hot spot destinations are more apt to have better access to high-end brands.

Millennials 122

Millennials Survey Retail social media 122

PYMNTS

JANUARY 17, 2018

When the iconic Great Atlantic & Pacific Tea Company (A&P) was looking to brand its bulk Brazilian coffee in 1919, it asked consumers when they drank coffee. so the A&P decided to name its house brand of coffee Eight O’Clock. The name stuck — and served the retailer well. As JCPenney grew, so did its private brands.

Branding 119

Branding Millennials Retail Strategy 119

PYMNTS

JUNE 11, 2018

In fact, the now Duchess of Sussex has sold out a few items for the brand, as its items regularly sneak into her wardrobe rotation. A royal celebrity endorsement is, of course, always nice – and certainly a good way to get a brand’s name in print. Pop-up stores. For this launch, Club Monaco is again working with Diptyque Paris.

Retail 101

Retail Los Angeles Branding New York 101

PYMNTS

AUGUST 22, 2018

We operate the only truly global luxury digital marketplace at scale, seamlessly connecting brands, retailers and consumers. The reach is considerable, touching 335,000 stock keeping units (SKUs) across 3,200 brands. Total value of goods sold through the site was up 55 percent in 2017, over 2016, to $910 million.

Online 101

Online Retail Branding Data 101

PYMNTS

AUGUST 28, 2018

What about retail stores, restaurants and hotels? Technology is making it easier for the workforce to put in the daily eight (or 10, or 12) hours from their own homes, but another change is taking place: Using commercial space left behind by retailers, or in eateries or hotels, as communal areas of work. WeWork Efforts.

Retail 101

Retail New York City Arizona United States 101

PYMNTS

APRIL 18, 2019

The second time is the charm — that holds true for Neiman Marcus, and the hot retail trend the chain is tapping into (again). Retailers are increasingly turning their sights to resale commerce. The latest evidence for that came this earlier this week from the high-end retail chain. It also said 44 million U.S.

Retail 117

Retail Online Trends Course 117

PYMNTS

AUGUST 14, 2017

You will observe grocery, as a retail category, is very fragmented. billion fine onto Google, claiming that their product carousel ads created an unfair advantage to small guy retailers who didn’t have the money to advertise. I’ll point out that those retailers did, apparently, have the money to hire lawyers. Investors put $2.65

Innovation 109

Innovation Online Google Millennials 109

PYMNTS

APRIL 25, 2019

In 2016, eGaming was a $493 million industry, and in 2017 (the last year for which data was available), that had jumped to $655 million. These are particularly popular among Gen Zers, the up-and-coming generation that is starting to nudge millennials out of the headlines. Most estimates for 2018 are around $900 million.

Retail 166

Retail America Video Millennials 166

PYMNTS

APRIL 19, 2018

Wendy’s , for example, planned to roll out self-ordering kiosks at about 1,000 of its retail locations by the end of 2017 in an attempt to both lure younger customers and to battle long lines at peak dining hours. That’s up from just 2 percent in 2017. The move could also bolster the company’s bottom line.

Retail 102

Retail eBook Customer Experience Ohio 102

PYMNTS

JUNE 8, 2018

Driven by younger customers, such as millennials and teens, casual luxury is bolstering sales of luxury apparel, handbags and footwear. The really-growing brands now beating the market are the ones already hooking these teenagers,” Bain Partner Claudia D’Arpizio told CNBC.

Millennials 100

Millennials social media Branding Groups 100

PYMNTS

FEBRUARY 20, 2020

After its disastrous Q4 2017 and resulting meltdown , the toy industry’s dominant force now has one store (small, at Garden State Plaza) and plans for 10 more. This arrangement is an interesting experiment about brand equity and supply chain consolidation,” says Jason Grunberg, SVP of marketing at CM Group , a marketing tech company.

US 156

US Industry Branding Retail 156

PYMNTS

MAY 11, 2018

That’s one of the driving ideas behind a new service that Marriott International recently launched for Chinese travelers going overseas — a service that also helps to demonstrate how the country’s growing tourist class is changing payments and retail. Marriott began working with Fliggy in August 2017. Last year, the U.S.-based

Retail 129

Retail Payments social media Mobile 129

PYMNTS

APRIL 23, 2018

More than 170 restaurant brands brought in $200 million — or more — in U.S. sales during 2017. Yet Mark Kalinowski of Kalinowski Equity Research said that some brands are growing particularly fast, CNBC reported. Between 1999 and 2014, the fast-casual dining space grew by 550 percent and is projected to reach a revenue of $66.9

Millennials 122

Millennials social media Branding Study 122

PYMNTS

JANUARY 10, 2018

When Gap bought Athleta in 2008 for $150 million, the move didn’t cause much of a stir — beyond being considered a hedge play by the retailer against the exploding popularity of Canadian athleisure brand lululemon , which debuted its initial public offering (IPO) in 2007. We’re not like, ‘Oh, it’s all about millennials.’

Millennials 105

Millennials Branding Retail Marketing Strategies 105

PYMNTS

APRIL 30, 2018

As Amazon adds established clothing brands to its platform, Chico’s FAS will become one of the latest companies to sell its merchandise on the eCommerce retailer’s site. The company’s brands include Chico’s, White House Black Market and Soma , CNBC reported.

Branding 100

Branding Millennials Retail Marketing 100

PYMNTS

JANUARY 15, 2018

The funding will be used for growth initiatives, with an eye on millennials, and a launch of nine new localized sites across the U.S., TechCrunch reported that in just a few years after its 2015 founding as a direct-to-consumer women’s brand, NA-KD has said that it is among the most quoted brands on Instagram in Sweden and Germany.

Millennials 134

Millennials Branding Capital Report 134

PYMNTS

JANUARY 17, 2019

Earlier this week, Hong Kong-listed luxury cosmetics firm L’Occitane International SA announced its intended $900 million acquisition of British beauty and skincare brand Elemis. The deal is the latest in a spate of acquisitions of high-end skincare brands. There are also the efforts of mass market retailers. billion).

Branding 123

Branding Regional Retail New York 123

PYMNTS

APRIL 2, 2018

According to Slice Intelligence , the growth of alcohol-delivery service Drizly helped give the market a boost, with revenue that grew by a whopping 62 percent in 2017. The Slice data also shows that December is the highest revenue-earning month in 2017, comprising over 12 percent of annual sales, thanks to the holiday season.

Online 109

Online Branding Millennials Data 109

PYMNTS

MAY 12, 2017

Like sands through the hourglass, these are the days of our retail lives. This young company sells clothes solely through its mobile app and website from 2,000 brands. Spring naturally isn’t the only company looking to take on the world of eCommerce fashion with retailers like Amazon and Stitchfix fast on its heels.

Millennials 108

Millennials Retail Branding Groups 108

PYMNTS

MARCH 9, 2017

Euclid Analytics has found one anomaly that may turn all of this around on its head and bring the retail industry back to more traditional outreach efforts. In its Evolution of Retail, 2017 Generation Z Shopper Survey, the company looked at shopping habits for the younger post-millennial generation.

Study 114

Study Analytics Millennials Retail 114

PYMNTS

APRIL 19, 2018

The storied department store is a bit more than a brand at this point. At 159 years old, it officially counts as a retail institution — one that hasn’t spent much of the last few years looking too healthy. In retail as in sailing, the bigger the boat, the harder it is to change direction. The explanations given for why vary.

Millennials 101

Millennials Branding Retail Online 101

PYMNTS

OCTOBER 21, 2019

Retail chain Destination Maternity reportedly filed for bankruptcy on Monday (Oct. According to CNBC , the retailer is “buckling under the weight of an onerous debt load and struggling to compete with better capitalized competition.” The company owns 458 stores in the U.S., percent CAGR since 2017, according to one recent estimate.

Trends 101

Trends Retail social media Online 101

PYMNTS

SEPTEMBER 16, 2019

Retailers scour social media to find influencers and designer bellwethers to turn trends into sales. In the payments ecosystem, we need look no further than the bridge millennial for how the connected purchasing experience will evolve over the next decade. Pundits identify bellwether states to predict election outcomes.

Millennials 222

Millennials Study Course Trends 222

PYMNTS

MAY 22, 2018

This challenge is seen across the spectrum of consumers, but it’s most acutely noticeable among older or bridge millennials — consumers between the ages of 30 and 40 who are buying houses, having children and beginning to settle into their roles as the drivers of commerce in the U.S. So, what’s a brand to do?

Millennials 109

Millennials Branding Retail Online 109

PYMNTS

MAY 28, 2019

billion in 2017. That marked an increase from 2017’s $1.4 Smartphones contributed one trillion dollars to overall retail sales in the United States during 2018. Mallzee created a digital mall where consumers can compare many different retail brands. Just under $3 billion – or $2.7

Apple 159

Apple Mobile Fraud Branding 159

PYMNTS

FEBRUARY 16, 2018

While much of physical retail struggled in 2017 from rapidly realigning consumer shopping habits, the team at Home Depot had an incredibly solid year, with same-store sales growing each quarter and a stock price that surged 42 percent. Despite retail’s slump, the stock market did well in 2017.

Retail 101

Retail Training Atlanta Marketing 101

PYMNTS

MAY 17, 2018

In an era that has seen physical retail locations — particularly large box stores — suffer from consumers becoming increasingly enamored with the online experience, it was still a bit of a surprise to see shoe retailer DSW log something of a bumpy 2017. The shoe retailer even tried to sell eBuys, but there were no takers.

Columbus 108

Columbus Retail Branding Ohio 108

PYMNTS

APRIL 30, 2018

QVC President and CEO Mike George said when the deal was announced,“By creating the leader in discovery-based shopping, we will enhance the customer experience, accelerate innovation, leverage our resources and talents to further strengthen our brands, and redeploy savings for innovation and growth. The Beauty & Wellness Makeover.

Branding 129

Branding Millennials Retail social media 129

PYMNTS

OCTOBER 5, 2018

The brand largely focuses on (and sells to) younger shoppers — particularly millennials and Gen Z. The site in total offers 500 brands for consumers to choose from, of which only 19 are its own label (a little over 4 percent). the site added over 1,000 new styles each week in 2017, from emerging, established and owned brands.

social media 135

social media Branding Course United States 135

PYMNTS

FEBRUARY 11, 2020

For its three years in operation, Brandless generated no shortage of buzz with its concept of “private label for less” and the idea that the best brand is no brand at all. Under his leadership, the plan for the brand was to pivot into higher-margin, bigger ticket products such as CBD oil and move Brandless onto store shelves.

Branding 150

Branding Operations Leadership Millennials 150