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Mastercard On Helping Retailers Strike The Right Innovation Balance

PYMNTS

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. Testing Innovation .

Retail 168
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Retail 2020: Looking Back On D2C Brands

PYMNTS

Direct-to-consumer (D2C) brands came in two flavors during 2020. The first were the Pepsis, Heinzes and Krafts that either didn’t like their retail distribution or saw a pandemic-driven opportunity to get new products in new configurations to the consumer. The seven-year-old D2C hybrid brand has received $4.7

Branding 162
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Why Regional Supermarkets Need To Change Their Strategy

PYMNTS

Toilet paper and bleach may be flying off the shelves right now, but regional grocers are fighting to stay alive. Some ideas for those have been published in a study by Bain & Company, The Future of Retail: A Survival Guide for Regional Grocers. grocery shoppers, pinpointing the qualities of a winning model for regionals.

Regional 142
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Social Commerce And Livestreaming Attract Big Brands In Southeast Asia

PYMNTS

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. Overall, the number of live-sales in the region increased nearly 67 percent, thanks to the heaviest usage among shoppers in Singapore and Thailand.

Branding 221
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Narvar, Simon Partner To Make Retail Returns Easier

PYMNTS

Customer experience platform Narvar is partnering with real estate investment trust Simon to facilitate easier retail returns, according to a press release. Despite our deep roots in eCommerce, we've always believed in the persistent power of physical retail," Amit Sharma , founder and CEO of Narvar, said in the release.

Retail 212
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Pizza Heats Up Fresh Innovation In The Retail World

PYMNTS

Okay, that’s not the best joke ever from the PYMNTS Bureau of Stand-Up Comedy, but the point is that the popularity of pizza constitutes a driving force for ongoing retail innovation – and we have proof. Domino’s Innovations. Other brands like Starbucks and Dunkin’ have said they will offer similar platforms.

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Uniqlo’s Quiet Retail Robot Revolution

PYMNTS

In the life of any brand, a pivot – or even a series of pivots – is normal. Times change, tastes expand and brands that don’t evolve generally don’t survive – a lesson that any number of retailers have spent the last several years learning the hard way. The big changes weren’t quite done, however.

Retail 132