PYMNTS

MARCH 16, 2018

Ever since 2013, when Amazon CEO Jeff Bezos said the eCommerce giant was working on a 30-minute drone delivery program called Prime Air, people have been saying that delivery is the big retail use case for drone technology. Domino’s furthered the point by delivering a pizza by drone in 2016. Patent and Trademark Office. agriculture.

Retail 151

Retail Technology Survey Course 151

PYMNTS

MARCH 28, 2017

percent annual consumption rate increase over the last six years, India’s liquor market size has become the third largest in the world. Out of India’s overall retail $35 billion market on a yearly basis, the fact that liquor sales has reached $22 billion is astounding. With a steady increase of 8.9

Marketing 100

Marketing Innovation Retail Regulation 100

PYMNTS

JULY 8, 2019

But that’s not stopping efforts at innovation and disruption in this space. Aspiration Bank is one of those innovators hoping to gain socially-conscious consumers via a pay-what-you-like fee structure — while also managing to please investors at the same time. We set out to build a financial firm around a sense of purpose.”.

Retail 116

Retail New York City Millennials Boston 116

PYMNTS

DECEMBER 13, 2019

Although retailers kicked off an earlier shopping timetable, toy discounts have plummeted this holiday season, Bloomberg reported on Thursday (Dec. The shopping time between Thanksgiving and Christmas is six fewer days this year, the shortest since 2013. Barbie from Mattel is still the most popular holiday toy for girls.

New York 131

New York Retail Online National 131

PYMNTS

APRIL 4, 2019

As Chipotle continues its digital efforts, the chain’s stock is having its best year since 2013, with part of the increase credited to investors liking CEO Brian Niccol , who joined the chain about a year ago after turning Taco Bell into a lifestyle brand and introducing breakfast at the quick service restaurant. Chipotle’s Digital Gains.

Innovation 136

Innovation National Mobile Trends 136

PYMNTS

DECEMBER 30, 2020

billion illegally since 2013 by calling XRP a commodity when in reality it was more like a security, according to a press release. Garlinghouse said in an interview prior to the filing of the suit, but anticipating it, that government litigation would be an "attack" on all cryptocurrency and innovation.

Missouri 160

Missouri cryptocurrency Security Retail 160

PYMNTS

JANUARY 22, 2018

More important, perhaps, than the innovations they made on behalf of their more famous lead players, was how their contributions accelerated those innovations’ time to market. Innovation in payments and commerce has an unsung hero, too. And who will influence how innovation happens. Distribution.

Innovation 135

Innovation Online Branding El Paso 135

PYMNTS

DECEMBER 1, 2017

is wearing a size 14 or 16 — 35 percent to 60 percent of women depending on whose figures you like — but most mainstream retailers do not carry clothes above a size 14. A fact that people like Tim Gunn and Brian Beitler, chief marketing officer of Lane Bryant , says is true on paper, but overlooks the reality of plus-size women’s fashion.

Marketing 135

Marketing New York Los Angeles Branding 135

PYMNTS

MAY 5, 2016

Absolutely no need to panic, then — unless the topic is retail bankruptcies , which increased year over year by 24 percent. Such is the double-edged sword of a retail industry swept up in innovation. For every new path cut through the market, the retailers standing in the way are cut down. January — Wet Seal.

Retail 100

Retail Branding Denver Management 100

PYMNTS

DECEMBER 28, 2016

Activewear brand Fabletics , which was co-founded by Kate Hudson in 2013, announced plans for a retail expansion across the U.S. The company confirmed that the new locations will bring the brand’s total retail store count to 30 locations throughout the U.S.

San Diego 190

San Diego San Jose San Francisco Indianapolis 190

PYMNTS

FEBRUARY 6, 2020

The retail angle (outside of Nike’s own stores) is that the company is betting consumers will be attracted to environmentally friendly products, regardless of whether they have a “swoosh” or not. “The 6), marking his first television interview since taking the helm at the retailer last month. “It

Millennials 152

Millennials Miami Retail Examples 152

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., billion in 2013, representing a 2.10 Larger Trends.

Trends 101

Trends Retail social media Online 101

PYMNTS

DECEMBER 13, 2019

Don’t look now, but retailers and commerce are getting more visual with reality. The initiatives will take advantage of Verizon’s 5G Ultra Wideband tech to not only provide innovative AR products, but content and new ways for people to communicate. Recently, Verizon announced that it’s partnering with Snap Inc., Fashionable Looks.

Customer Experience 136

Customer Experience social media Video Retail 136

PYMNTS

JANUARY 15, 2020

Banks will be able to offer the new solutions directly to their own customers or use Raisin’s platform to reach all potential retail consumers. deposits market, and that they have gotten positive feedback that “affirms how ripe the savings space is for just this type of personalization.”. platform,” said Raisin U.S. CEO Paul Knodel.

Fintech 131

Fintech US Software Retail 131

South State Correspondent

MAY 1, 2024

For inspiration in banking innovation, we often look to other industries. Instead of thinking traditionally, Gentle Monster pursued a strategy of innovation and creativity to become the hottest sunglass company globally, creating a company currently valued at $900 million. COI marketing for banks should always be a top priority.

Innovation 195

Innovation social media Branding Marketing 195

PYMNTS

SEPTEMBER 12, 2016

is a 4–6 ounce plastic cup with a retail sale price that is less than a dollar, Americans are buying an awful lot of yogurt. And while people like yogurt — apparently, a lot — until very recently, it was not a product anyone really thought much about or tried to innovate. market by about seven years. yogurt sales in 2013.

Innovation 100

Innovation New York United States Retail 100

PYMNTS

JULY 11, 2018

The fraud happened from 2008 until he was fired in 2013, noted the report. Qurate Retail Group, formerly known as Liberty Interactive (QVC’s parent company), already owned over 38 percent of a stake in HSN’s owner, HSNi. Falkowski was sentenced to 30 months in a federal prison for being the brains behind a $1 million fraud scam.

Company 102

Company New York City Fraud Retail 102

PYMNTS

NOVEMBER 19, 2019

Grocery retailer Kroger is partnering with Berlin farming startup Infarm to offer “living produce farms,” Kroger announced in a press release on Tuesday (Nov. market, but it already has more than 500 farms globally and has teamed with 25 major food retailers in the U.K. and Europe. In the first half of this year, U.S.

Michigan 101

Michigan Washington New York Retail 101

PYMNTS

MARCH 18, 2019

The increase has the effect of stifling a global economy driven by innovation and new ideas. The value of fake and counterfeit products went from $461 billion in 2013 to $509 billion in 2016. percent in 2013. Illicit trade in fake goods is a major challenge in an innovation-driven global economy. That’s an increase of 3.3

Report 124

Report Innovation Study Security 124

PYMNTS

NOVEMBER 26, 2018

The move means that the company will end its JV that has been in place since 2013 with Yoox Net-A-Porter, which as the newswire stated helps third-party brands develop sites. Now, those retailers taking full eCommerce ops in house have, in turn, full access to sensitive data tied to clients.

social media 141

social media Branding Online Apple 141

PYMNTS

DECEMBER 23, 2020

As reported by CNBC , the suit hinges on the contention that the crypto — the third largest as measured in terms of market value before a double-digit percentage slide in its value to 34 cents — is a security, not a currency, and thus is regulated by the SEC. “We It’s an attack on the entire crypto industry and American innovation.”

cryptocurrency 234

cryptocurrency Security Bitcoin Regulation 234

PYMNTS

APRIL 12, 2018

The eCommerce retailer invested $22.6 Here’s how these companies are investing in R&D — and ushering in the next generation of retail technology. Amazon spent the most on R&D by far. billion in R&D in 2017, which was 41 percent more than it did in 2016. Amazon spent $22.6 billion in R&D in 2017. Apple spent $11.6

Company 118

Company Retail Apple Software 118

PYMNTS

MARCH 13, 2019

The decline in smartphone demand in China continued last month, with the market suffering its worst month in years as shipments fell in February. Nevertheless, demand this February was worse than in years past, with the news report saying this shipment rate hasn’t been seen since at least 2013.

Apple 104

Apple Retail Mobile Technology 104

PYMNTS

APRIL 20, 2016

The report estimates that the overall value of global counterfeit goods at $461 billion in 2013. While China is the top provenance of fake goods, its most innovative companies also fall victim to counterfeiters. .” The hardest hit brands originate in the U.S.

Marketing 100

Marketing Branding Report Innovation 100

Bank Innovation

MARCH 1, 2019

This is up from 35% in 2017, and way up from 18% in 2013, according to Financial Technology Partners’ 2018 Annual Fintech Almanac. Strategic participation in fintech climbed in 2018, with 41% of all fintech financings containing either a corporate VC or strategic investor.

Fintech 170

Fintech Financial Technology Technology Operations 170

PYMNTS

MARCH 25, 2019

The retailer was showing many of the same symptoms of Q4 malaise as Macy’s , JCPenney and Neiman Marcus: lower-than-expected revenue, weak same-store sales performance and falling foot traffic. It all added up to a season that came in much weaker than the market expected.

Branding 134

Branding Retail Innovation Maine 134

PYMNTS

MARCH 9, 2018

Last year, the eyeglass store opened a $16 million optical lab and began selling products to a new market — kids. In addition, the retailer is expanding its brick-and-mortar portfolio and is aiming to have approximately 100 stores in the U.S. Warby Parker currently has 64 stores in markets the retailer carefully chose.

Delaware 102

Delaware New York Retail Online 102

PYMNTS

JANUARY 7, 2019

Government Accountability Office (GAO) said that financial regulators should look more closely at the role of non-bank tech companies in the small business (SMB) lending and consumer lending markets. Included in that movement toward tech in capital markets, he said that could include blockchain and artificial intelligence (AI).

Lending 150

Lending Fintech Data Wyoming 150

CB Insights

FEBRUARY 13, 2020

Brothers Patrick and John Collison founded Stripe in 2010 in an attempt to gain share in online payments, a then-nascent market with seemingly boundless growth opportunity. As a result of its product innovation efforts, Stripe has seen explosive growth in product adoption and valuation. A decade of online payments innovation.

Online 98

Online Company Retail Payments 98

PYMNTS

MARCH 20, 2019

Bank of China (Hong Kong) Deputy Chief Executive Ann Kung said the bank “will continue to expedite the innovation of cross-border financial products and services to [fulfill] the demand for cross-border financial services among those Hong Kong people who work, live and travel in the Greater Bay Area.”.

Mobile 108

Mobile Payments Retail Report 108

PYMNTS

NOVEMBER 30, 2020

Whether you want to track your run times, monitor your sleep or try to avoid a sunburn, the market for wearable technology is growing and evolving as companies large and small try to cash in on one of the holiday season’s hottest segments. Or at least it’s amended marketing strategies. Innovations Are Just Beginning .

Google 183

Google Examples Innovation Apple 183

PYMNTS

NOVEMBER 30, 2019

The holiday season isn’t only about retail and payments. grew by 28 percent in 2017, per the NPD Group, a market research company – and global sales increased to $9.6 billion in 2013, according to the market research group Euromonitor International. And that means this is the time of year for board games to shine.

Trends 211

Trends Texas Retail Groups 211

Bank Innovation

JUNE 29, 2016

Square Cash was launched by Square in 2013 for P2P payments. Is Citigroup going to partner with Square to offer the startup’s peer-to-peer payments service to Citi customers? That’s the implication from a recently published article in Fortune. The service is available in the U.S., and for both personal or Read More.

Payments 186

Payments Marketing Cards Innovation 186

PYMNTS

JANUARY 1, 2019

years in 2013, according to a recent estimate. A robust supply of private capital reportedly is one of the main reasons for that, along with corporate cultures that are averse to public markets. consumer ridesharing market. The expected move to the public markets comes amid a robust time for Pinterest.

Payments 223

Payments social media Analytics Capital 223

PYMNTS

JANUARY 31, 2019

Middle-market consumers have Wayfair, there’s Chairish for those who want designed or antique furnishings, and there are startups like Burrow, Maiden Home, The Inside, and Interior Define. It was a big surprise to see how production costs translate to retail pricing costs in North America.

Los Angeles 123

Los Angeles Training New York Retail 123

PYMNTS

APRIL 19, 2017

When PYMNTS first encountered PayRange CEO Paresh Patel at Innovation Project 2013 , he was leading a tiny startup with a big goal: to bring vending into the digital age. Step Right up to the Unattended Cashless Retail Future. Tomorrow’s unattended retail, DeVita and Webster agreed, goes well beyond laundry and salty snacks.

Retail 119

Retail Operations Payments Marketing 119

Celent Banking

DECEMBER 15, 2015

Thanks to the mBank’s business achievements and potential of the brand as first and the biggest internet bank in Poland, BRE Bank Group decided in 2013 to change company name to mBank. Rather than copying other financial institutions, mBank sought to deliver a best-in-class digital experience inspired from the world’s best retailers.

Branding 100

Branding Retail social media Video 100