PYMNTS

AUGUST 22, 2018

We operate the only truly global luxury digital marketplace at scale, seamlessly connecting brands, retailers and consumers. We are redefining how fashion is bought and sold through technology, data and innovation.”. The reach is considerable, touching 335,000 stock keeping units (SKUs) across 3,200 brands.

Online 101

Online Retail Branding Data 101

PYMNTS

JANUARY 9, 2020

This isn’t Amazon’s first attempt at breaking into the luxury fashion market – the retail giant originally tried in 2012, but was not successful. Part of the problem is the eCommerce brand’s image. This sort of placement has kept many luxury fashion brands away, even though Amazon has promised to not discount their items.

Branding 137

Branding Retail Marketing Operations 137

PYMNTS

NOVEMBER 8, 2019

The event was started in 2009 by then-Chairman and CEO Daniel Zhang. festival, with more than 200,000 brands participating, one million new products on offer and over 500 million users are expected to participate – about 100 million more than last year,” Alibaba said in a statement. brands this year,” Fan said. Think of 11.11

Branding 105

Branding Online Retail Innovation 105

PYMNTS

MARCH 15, 2017

Mark brings significant retail leadership experience to Gap Inc., We know what Banana Republic is capable of, and Mark’s ability to drive transformation and innovation will help revitalize the brand and position it to achieve its long-term potential.”. along with deep knowledge of the company and our customer,” said Peck. “We

Leadership 101

Leadership Customer Experience Branding America 101

PYMNTS

JANUARY 30, 2019

In 2009, Toys ‘R’ Us bought the brand, and it had about 40 stores across the country. In 2016, ThreeSixty Group, a company that makes and distributes toys and various other products to different retailers, bought FAO. FAO Schwarz is a global brand that stands for experience and wonder.”.

Branding 100

Branding Retail Groups US 100

Fintech Labs Insights

APRIL 12, 2024

The last one, published in Jan 2014, featured 50 innovations (see below). Note: These are the rankings from 10 years ago. I will update with milestones from 2014 to today and publish next month. I’m taking suggestions here (so far: crypto, BNPL, earned-wage access, chatbots, deposit networks).

Innovation 15

Innovation Fintech Online Mobile 15

PYMNTS

MAY 29, 2017

MobileBytes , the point of sale (POS) for iPad innovators, has released its next-generation software update for online ordering. Launched in 2009, MobileBytes is fully integrated into the POS system, and setting up the tool takes only minutes for most restaurants.

Online 119

Online Software System Innovation 119

CB Insights

DECEMBER 19, 2017

Modern-day retail is at an inflection point as retailers face struggling physical storefronts, massive debt, and inefficient operations, among other issues. Formerly beloved brands such as Aeropostale, American Apparel, and PacSun bit the dust in 2016, and the pace of retail deaths has accelerated since then.

Retail 78

Retail Branding Company Capital 78

PYMNTS

MARCH 2, 2018

Randall’s strong background in helping major advertising brands move the bottom line and Shannon’s extensive experience in driving bank customer engagement will make them both instrumental players as we continue to help marketers execute more effective campaigns and financial intuitions increase customer loyalty.”.

Marketing 101

Marketing Groups Lending Branding 101

PYMNTS

AUGUST 20, 2018

In 1946, the year the verdict was reached, A&P was the country’s largest retailer and, obviously, its largest grocery chain. But here’s the rub: The guilty verdict was made on the basis of A&P’s use of supply chain innovations to lower prices to consumers. Its sales were twice that of any other retailer. Lower prices.

Regulation 105

Regulation Online Innovation Google 105

PYMNTS

FEBRUARY 27, 2020

There are still retail clerks and waiters; tailors and dry cleaners; drivers and warehouse workers — just as there were when the 21st century got off the ground. Uber , Lyft , Fiverr , Airbnb , Postmates were the early names in the game, all founded between 2009 and 2011. Some lasted; some did not.

Community 236

Community Mobile Course Software 236

PYMNTS

JUNE 5, 2019

To get a sense of how the world of payments and cards has changed, Cregan told Webster a story about a conference he attended in Las Vegas in 2009. That experience made him appreciate even more just how difficult it can be to move customers from one payment method to another without real innovation. Step back a bit first.

Cards 158

Cards Las Vegas Innovation Mobile 158

PYMNTS

MARCH 20, 2018

A few decades later, Neiman Marcus started distributing gift cards, but the retailer took a page from the 1930s department store playbook: It kept the cards out of sight and only sold them as novelty items. In the early 2000s, another retailer experimented with gift cards. But the gift cards would make a quantum leap in 2009.

Cards 147

Cards Apple Mobile Retail 147

PYMNTS

MARCH 16, 2016

Sometimes, even the brightest LED television screens fade away, and sometimes, the most expensive battery packs that an electronics retailer can stock end up losing their charge. Best Buy announced Tuesday (March 15) that Brad Anderson, former CEO of the organization and current member of its board of directors, is retiring from his position.

Minneapolis 100

Minneapolis Leadership Conference Retail 100

PYMNTS

JUNE 5, 2020

It has often been said during the last several weeks that the world has seen several years’ worth of eCommerce innovations advance in about three months, due to the pressure and pivots created by the global health pandemic. Before that, it had taken roughly 10 years to grow from 6 percent in 2009 to 16 percent in 2019.

Fraud 151

Fraud How To Online Meeting 151

CB Insights

JANUARY 6, 2019

The impending “death of retail” has been projected for decades. But, in an increasingly digital world, brick-and-mortar retail shops are embracing new ways to disrupt the system and get an edge on customer attention. One popular choice: retail innovation labs. Get the 54-page retail report.

Innovation 77

Innovation Retail Branding Technology 77

PYMNTS

OCTOBER 19, 2020

It’s why recommendations are consistently ranked by consumers as one of the most important features a merchant can offer an online shopper, why merchants gladly oblige and why brands strive to make products that are consistently ranked high by consumers. Real estate deals for what were empty storefronts in February remain on ice.

Maine 199

Maine Boston Branding Retail 199

PYMNTS

DECEMBER 12, 2016

Retailers, already sweating bullets over the “ Amazon Effect ” on their business, now have one more reason to keep sweating. The “Uber” experience meets brick-and-mortar retail. But to say that Amazon Go is about innovating checkout is like saying the iPhone innovated the telephone call. And for sure, that’s pretty cool.

Retail 100

Retail Online Branding Innovation 100

PYMNTS

DECEMBER 13, 2019

From 2009 through 2018, tech-sector job growth in New York City has grown almost four times as quickly as the city’s overall private job growth, according to Parrott’s analysis. Over the summer, the retail giant partnered with autonomous vehicle startup Gatik AI to pilot grocery delivery from Walmart’s main warehouse in Bentonville, Arkansas.

New York City 131

New York City New York Retail US 131

PYMNTS

MAY 26, 2020

And as Karen Webster noted in a 2016 commentary: “The generation that made sriracha a food group and yoga pants a go-to corporate wardrobe staple … the generation that every brand is desperately trying to woo is, by and large, broke.” bartenders, half of restaurant workers and a large share of retail workers.

Millennials 153

Millennials Study Groups Survey 153

PYMNTS

MAY 28, 2020

That turns out to be sage advice as the retail sector sets out to recover from an overall double-digit downturn in consumer spending. Wiese and his team have put together several reports that benchmark the current crisis and show the media opportunity, especially for DTC retail , in the current environment. First, the case for media.

Branding 131

Branding Retail Marketing Maine 131

PYMNTS

FEBRUARY 27, 2017

“As I step back and look at the retail landscape, customer expectations continue to change rapidly,” Walmart CEO Doug McMillon noted in his post-earnings debrief with investors. We’re moving quickly to respond to the current opportunities as well as to innovate and transform the shopping experience for our customers in the future.

Data 100

Data Retail Big Data Online 100

CB Insights

OCTOBER 29, 2018

The Sad State of Corporate Innovation. See how corporates are failing when it comes to innovation. Download the free 31-page State of Innovation report. While Google excelled in building software, it lagged behind in hardware and product innovation. Date: May 21, 2009. Microsoft and Nokia. Date: April 25, 2014.

Google 76

Google Software Innovation Company 76

PYMNTS

JULY 1, 2016

What I really want to do is build the biggest brand on the planet,” Plank recently told Bloomberg. “I I would love to do that at the same time as anchoring it in a city that could really use a hug. And that’s what many will fear will happen with the Port Covington development.

Baltimore 103

Baltimore Seattle Taxes Examples 103

Gonzobanker

DECEMBER 20, 2019

The company’s market capitalization, which after declining to less than $600 million in the 2009 recession, has now grown to almost $3 billion. So many miles to go, retail bankers! It is an innovator with tech (e.g., Netflix co-founder Marc Randolph said the leading trait of an innovator is identifying pain.

Idaho 148

Idaho Conference Data Marketing 148

Gonzobanker

JULY 7, 2015

Here’s the bottom line: In the past six years (March 2009 to March 2015), the top 10 Internet banks have grown an impressive $175 billion in new deposits. Here’s the breakdown of these 10 banks in order of deposit growth: Deposits ($000): March 2009 Deposits ($000): March 2015 6-Year Growth. ($000). Retail Banks $1,271,189,782.

Digital Banking 60

Digital Banking Industry Capital Strategy 60

PYMNTS

APRIL 11, 2016

It’s not as if a person making the request for a tissue, pain reliever or bandage was specifically asking for a Kleenex, Bayer Aspirin or Band-Aid brand item. But, over many decades, these three brand names achieved such dominance in their categories that they became the most natural way for people to refer to all products in that category.

San Francisco 100

San Francisco Operations Examples Branding 100

PYMNTS

MAY 6, 2019

Déjà vu because it was 10 years ago, in May of 2009, that Facebook launched the alpha version of Facebook Credits. First stop on Facebook’s capital raising tour: The big guns with successful payments rails, loads of money and a demonstrable appetite to invest in innovation. It shut down in 2012, 15 months after its official launch.

Innovation 209

Innovation blockchain Payments cryptocurrency 209

PYMNTS

OCTOBER 15, 2018

In 2009, consumers first coined the term “Whole Paycheck” as a tongue-in-cheek way to describe the sticker shock many felt when looking at their receipts after a shopping trip to Whole Foods. What’s driving that share of spend is the growing proportion Amazon has captured in the biggest chunk of it: retail. billion in June 2017.

Retail 198

Retail Online Analysis Data 198

CB Insights

APRIL 24, 2018

Research BRIEFING: Surviving the Retail Apocalypse. How are brick-and-mortar retailers surviving and adapting in the world of digital commerce? The retail apocalypse has claimed many victims , with almost 7,000 stores closing in the US in 2017. And that’s just since February. However, this isn’t the whole story.

Retail 59

Retail Trends Technology Branding 59

PYMNTS

OCTOBER 8, 2019

Starbucks mobile rewards were still new to the market — and though a veritable flood of mobile-based programs spun up offering similar points-based offers, at that time the firm was considered boldly innovative when its mobile order ahead system (combined with its points-based loyalty program) rolled out. A is For AI .

Mobile 118

Mobile Branding Meeting Retail 118

CB Insights

SEPTEMBER 17, 2018

Around the middle of the twentieth century, there was what The Atlantic called a “Cambrian explosion” of brands. Tide, Crest, Band-Aid, Lipton, and other branded packaged goods — and the conglomerates that manufactured them — reigned. Store brands from retailers were seen as down-budget choices. Why the shift?

Industry 67

Industry Branding Retail US 67

PYMNTS

AUGUST 31, 2018

online grocery sales since 2017, the largest share of any single retailer and double its closest competitor. When linked to the Amazon Chase card, the cash-back makes the experience even more of a win, in addition to serving as a natural pull toward card/brand share shift. According to the Harris Poll, Amazon is the most trusted U.S.

Branding 101

Branding Florida Retail Online 101

PYMNTS

APRIL 23, 2018

Disintermediating the established intermediaries has become something of an art form in payments and retail these days. Physical retail is being disintermediated by a host of new players using digital technologies and data that further erode their relevance. Take retail. See the Future — or Face the Inevitable. Yes, they do.

Retail 117

Retail Maine Lending Software 117

PYMNTS

APRIL 6, 2017

In order to meet the ever-changing needs of their customers, online retailers have to have the ability to create a great customer experience. As consumers continue to interact with brands in more ways than ever before, there’s an opportunity to create deep, lasting engagement within those relationships. But it takes the right approach.

Data 101

Data Analytics Customer Experience Branding 101

PYMNTS

APRIL 4, 2016

I argued that making buying seamless inside of environments that consumers used regularly for other reasons would drive innovation for those environments —and for the third parties that enabled those new commerce experiences. This capability is as disruptive as it is innovative. Third on that list was “contextual commerce.”.

Branding 100

Branding Payments Los Angeles Innovation 100

CB Insights

JUNE 6, 2019

Notably, Solyndra’s rise coincided with the passing of 2009’s American Reinvestment and Recovery Act, which contained various subsidies and promises of investment for sustainable US energy initiatives. In March 2009, the US government announced it planned to award Solyndra a guaranteed loan of $535M as part of that initiative.

Apple 78

Apple Branding Google Company 78