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Digital Technologies Drive Innovation In Retail, Banking

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Nike ’s digital sales surged in Q1, while the sportswear brand also saw an uptick in its connected fitness business. 80K: Number of global regulatory updates in 2019 with which banks must comply to avoid fines. 22%: Rise in identity thefts targeting seniors between 2018 and 2019. 6.7B: Amount U.K.

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Digital-First Economy Redefines Retail And Consumer Behavior

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When it’s said and done there was only one story that mattered in the retail universe this year and it was the rise of the digital-first economy. Direct-to-consumer (D2C) brands drove into the pandemic and adapted to it to catch the digital shift. Adore Me, for example, was a thriving eCommerce brand before the pandemic.

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Five Lessons In Retail Reinvention From 2019

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But before we shut the door on 2019, it bears taking a moment to note how much the world of retail has changed in the last year, a fitting capstone on a decade that has seen retail as the American consumer commonly knew it taken to the ground and rebuilt nearly from the foundations. Lesson 1: Think Big . “We

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Driving Innovation In Digital Commerce, Gig Retailing And Mall Redevelopment 

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The vicious cycle of physical retail is meeting the virtuous cycle of digital, at a time when companies are aiming to chart a course toward a future that is without precedent. In retail, merchants need to enter a new kind of gig economy that can be called “gig retailing.” All this, Today in Data. Data: .

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QSRs Provide Fresh Look At Retail Innovation Trends

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For a glimpse at how innovation is playing out in the retail world, it always helps to take a look at recent developments in the world of quick-service restaurants, or QSRs. Brands, the owner of Taco Bell, KFC and Pizza Hut, reported an overall year-to-year revenue gain in the second quarter of 2019 of about 10 percent, to $1.31

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Social Commerce And Livestreaming Attract Big Brands In Southeast Asia

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That’s the current state of play in Southeast Asia where social commerce is growing rapidly as brands try to find new ways to sell during the pandemic. According to research from solutions provider iKala , social commerce orders in the first half of 2020 more than doubled, while gross merchandise value (GMV) grew three-fold compared to 2019.

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Beautycounter Embraces D2C Innovation With Purpose

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No matter how innovative they are, companies still need to get paid. And not many companies this year have combined business model creativity with payments innovation more than Beautycounter. We’ve listened to our community and their requests for different payment options – more and more retailers are offering this as an option.