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APRIL 20, 2020

Fandango Media LLC, the California-based company that sells movie tickets online, has agreed to buy the on-demand video streaming service Vudu Inc. ” Vudu provides video service streaming into more than 100 million homes in the U.S., ” Vudu provides video service streaming into more than 100 million homes in the U.S.,

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PYMNTS

JULY 30, 2020

Among those numbers: Operating cash flow increased 42 percent to $51.2 Operating income increased to $5.8 Operating income increased to $5.8 Video hours on Amazon Prime doubled. Online grocery sales tripled. As a reminder, Q4 is typically our largest volume quarter for the retail business.

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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. This is the first time eBay has allowed direct video uploads.

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PYMNTS

JUNE 6, 2019

And that seems likely to create new opportunities for certain types of online merchants. By 2023, manufacturers and retailers will have to donate, reuse or recycle the goods” under a program that the French prime minister called the first of its kind from any national government. Amazon’s Role. Liquidation Trends.

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PYMNTS

JANUARY 24, 2019

24) — you could be on your way to owning a pallet’s worth of mostly overstocked items , products that included a mystery collection of grocery and drugstore items, a “truckload” of apparel and accessories, the total of which retail for $620,611. For at least $8,913 — that was the high bid as of Thursday afternoon (Jan. Investor Attention.

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PYMNTS

JANUARY 10, 2018

Facebook is gearing up to enter the hardware market with Portal, its video chat device aimed at Amazon’s Echo. The device will reportedly be sold at pop-up stores and online. In August, Bloomberg reported that the video chat device was undergoing its first major hardware effort from its Building 8 research lab. ”

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PYMNTS

SEPTEMBER 24, 2019

Brick-and-mortar retail can get a bad rap these days, as its considered old-fashioned and on the decline. But recent developments show that innovation in commerce does indeed happen in this area of retail. That’s why [the] brick-and-mortar retailer isn’t going anywhere. You cannot replace that experience (online).”

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PYMNTS

AUGUST 12, 2019

News came last week that Facebook is trying to get into the video streaming subscription business and attempt to steal market share from YouTube and Amazon. This is the first time Facebook is trying to sell subscriptions directly to users without an intermediary, indicating eagerness to enter the video streaming business.

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PYMNTS

SEPTEMBER 27, 2017

That is the question the Walt Disney Company is looking to answer as it sets on its first major redesign of its retail spaces in a little under a decade, according to recent Reuters reports. The goal, it seems, is to lure shoppers away from the digital experiences that are depressing Disney’s retail foot traffic, Reuters noted.

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PYMNTS

MARCH 11, 2020

With personal interactions under scrutiny due to the COVID-19 disruption, it’s a good time for retailers to take stock of their mobile and online commerce capabilities and technologies. The company announced this week that it has signed high-end fashion retailer Anine Bing. The first is Perfect.

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JANUARY 20, 2020

As evidence mounts that more consumers are doing more commerce from the comfort of their homes, there are also big changes when it comes the retail involved in that comfort — that is, home furnishings. Here’s the basics of how this furniture retail model works. That’s not all that’s going on in the world of furniture retail in 2020.

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PYMNTS

DECEMBER 16, 2020

Amid the great digital shift , retailers and financial institutions (FIs) must walk the fine line between challenging transactions and letting the consumer journey proceed frictionless. And then, after the transaction is made, there’s the task of understanding the byzantine codes and data that are tied to online statements.

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DECEMBER 19, 2019

That’s because cameras are playing a much bigger role in retail, a trend that will keep gaining steam in the new decade. The Associated Press reports that cameras are, at least somewhat quietly, making inroads into a number of retail outlets in a bid to, well, get to know you. are now looking to follow suit.”. Security Cameras.

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PYMNTS

SEPTEMBER 22, 2020

Alexandre Margoline , a partner at Permira, said in a statement that Mirakl can become the central hub and platform for digital marketplace operators, sellers and partners. . Mirakl provides online marketplace software to manufacturers, wholesalers and retailers, including Kroger Co., according to its website.

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Bank Innovation

MARCH 11, 2016

Video banking — customers talking via video feed to bankers who may be far away — is already a big thing in branches in Britain, and it’s about to get bigger. It will soon to be tested for users at … home. Nationwide Building Society, a member-owned financial institution with around Read More.

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JANUARY 14, 2021

The nationwide chain — which operates about 1,470 retail stores selling pet supplies and professional services like veterinary care — is changing its name to Petco Health and Wellness in conjunction with the listing. They bought the company from TPG and Leonard Green, who took the then-public pet retailer private 15 years ago. .

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PYMNTS

JANUARY 18, 2020

The burglar, according to surveillance video, managed to break into the shop, scoop the cash out of the register and flee the scene, all in under 35 seconds. What makes the story stand out among the reams of local retail crime reporting is that the crime was actually committed. Botched crimes in local retail are common.

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MAY 8, 2019

In that recent discussion with Karen Webster, Nussenbaum talked about how his company is bringing back-end marketplace services — which include merchandising and fulfillment tasks — to a host of retailers and brands in a variety of retail niches. Video Game Origins. Marketplace Concept.

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PYMNTS

MARCH 27, 2020

The online car selling platform’s March town hall meeting was supposed to be a victory lap to celebrate February, which was the most successful month in the company’s five-year history. The other is a straight online purchase , in which the car is delivered from the hub to the buyer for a test drive. ”

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PYMNTS

SEPTEMBER 30, 2020

More than 100 million consumers in the United States have switched from shopping in stores to shopping online since the pandemic began, and 83 percent of them plan to keep shopping with merchants they have discovered since then, even after the crisis has subsided. The only question is: What do retailers have to do to win them over?

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PYMNTS

SEPTEMBER 17, 2019

In the meantime, the digital, mobile, delivery and other innovations that are taking place in this sector are also promising to impact retailers and the consumers who shop not only with mom-and-pop stores but with the bigger chains. The latest example of that comes from one of the biggest retail chains out there — Walmart.

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APRIL 22, 2020

In a time period dominated by retail sales declines, the hardest hit has been the automotive industry. While March retail sales dropped 8 percent overall, new cars dropped as much as 36.9 Online auto sales are the only game in town. A small percentage of car purchases were made online last year.

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Chris Skinner

MAY 18, 2017

Can Wal-Mart’s Expensive New E-Commerce Operation Compete With Amazon? A recent acquisition spree including Jet.com gives the retail giant much-needed digital chops by Brad Stone and Matthew Boyle from Bloomberg Business Week Last summer, Marc Lore, founder and chief executive officer of e-commerce startup Jet.com Inc.,

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PYMNTS

MAY 22, 2020

An initial explosion of online orders left Amazon overwhelmed, forcing the company to temporarily reprioritize its operation toward mostly delivering key household items. The pandemic has been a boost to online gaming, as consumers are both buying more games and subscribing to services more often to play together.

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PYMNTS

JANUARY 26, 2021

An online video demonstrates how the firm’s technology can render a 3D model representing a live individual, which can be used to test the fit of clothing in addition to gaming purposes, according to the report. The news comes as virtual reality (VR) and AR are beginning to make larger gains in the retail world.

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PYMNTS

OCTOBER 11, 2020

The Wall Street Journal (WSJ) reports some of the two retailers' recent online advertising looks a lot like segments of the home shopping channel. A glimpse at Youtube video of a recent live shopping event Hilfiger posted on its official channel Sept. 29 gives a sense of the brands' approach.

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PYMNTS

SEPTEMBER 17, 2020

QuadPay is currently available on the retailer’s website and at its brick-and-mortar stores, according to an announcement. GameStop becomes a part of the more than 4,700 worldwide retailers and merchants in the QuadPay network. It operates locations globally with the Game Stop, Micromania and EB Games names. “We million times.

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PYMNTS

JULY 25, 2019

Recent days have brought new evidence of the importance of robust loyalty and rewards problems in retail, an areas of ongoing innovation, and a way for merchants of all types to stand apart in a fiercely competitive industry. Retail Card Programs. The move adds to Trax’s stable of retail tech.

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PYMNTS

JULY 14, 2020

In a video conference call with its workforce last weekend, Deirdre O’Brien, Apple’s senior vice president of retail and people, encouraged employees to serve customers from home, Bloomberg News reported. . “If Apple has been forced to rethink its retail operations as COVID-19 cases continue to increase across the U.S.

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PYMNTS

JANUARY 11, 2021

Video game retailer GameStop is overhauling its board of directors to focus on eCommerce and has appointed Chewy’s former CEO and co-founder Ryan Cohen. Sherman added that GameStop will be “leveraging our omnichannel capabilities” to grow online sales. GameStop CEO George Sherman said in a Monday (Jan.

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PYMNTS

NOVEMBER 16, 2018

The store’s concept, dubbed Nike NYC, is to blend the online and offline worlds with the help of smartphones. The retailer also offers a Shop The Look service in the store that allows customers to scan a quick-response (QR) code to find out the size and available colors of the items displayed on a mannequin.

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PYMNTS

SEPTEMBER 23, 2019

The holidays are approaching, and that means a big retail boost for video games during that all-important shopping season. Indeed, video games are helping to drive innovation when it comes to commerce and payments. Video games have changed a lot since the early days of home gaming in the late 1970s and early ’80s.

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PYMNTS

MARCH 26, 2019

Retailers in the physical world are at a real disadvantage when it comes to knowing the customers in their stores, and what they do once they get there. The list goes on, but suffice it to say, the jokes about digital retailers knowing more about customers than they know about themselves didn’t appear in the culture out of nowhere.

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PYMNTS

SEPTEMBER 15, 2020

TVPage ’s Ambassador Storefronts application, which helps salespeople sell online through customized shops, is now available on the SAP App Center digital marketplace, according to a Tuesday (Sept. 15) announcement. TVPage is a recent graduate of the SAP.iO Foundry Tel Aviv initiative for startups.

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PYMNTS

JULY 7, 2020

Digitizing operations tops the list of merchant imperatives, but getting there can be a struggle — especially when it comes to digitizing the checkout experience for a post-pandemic age. Park offered the illustration where a big box retailer sends invoices to customers through mobile means and customers pick up curbside.

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PYMNTS

MAY 31, 2019

The store will feature “interactive zones” along with immersive video walls that “will make this the best place to get hands-on with Surface, Windows, Office, Xbox and PC gaming, HoloLens mixed-reality and more,” the company said in an announcement. Canada and Puerto Rico, as well as online in more than 190 countries. In the U.K.,

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PYMNTS

SEPTEMBER 18, 2019

Among the defining endeavors of our time — at least for the worlds of payment and commerce — has been to bring brick-and-mortar retail stores into the new century. Transforming Retail. It’s a great time to be transforming retail,” Levene said. And retailers are making bigger bets on [ omnichannel ] technology.”. “And

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