PYMNTS

JANUARY 14, 2019

It looks like we can finally have a serious conversation about the impending collapse of physical retail in the U.S. All it took was a 160-year old retailer and a $34 billion kick in the stomach to the retail sector to get everyone’s attention. retailer, Sears, which found itself standing at Chapter 7’s front door.

Retail 198

Retail Online Mobile Data 198

PYMNTS

NOVEMBER 3, 2020

These are the top stories in retail for Tuesday (Nov. The automotive market is surging during the pandemic, and companies like Carvana are reaping the benefits. The company reported a stellar third quarter as used cars and contactless delivery are driving the market. Wayfair, Home Furnishings Sector Looks Past COVID Winter.

Company 131

Company Retail Boston Capital 131

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. Subscription commerce is attractive to entertainment platforms as well as retail businesses because it locks in revenue streams, and customer data can help with planning and forecasting.

Retail 118

Retail Video Security Software 118

Bank Innovation

OCTOBER 19, 2017

EXCLUSIVE – Banking keyboard app, PayKey closed a $10 million Series B funding round today bringing the fintech’s total investment to $16 million since its establishment in 2014. The funding will be used to fuel the company’s growth strategy in the Asian market, Daniel Peled, CEO and Co-Founder of PayKey told Bank Innovation. “We

Strategy 270

Strategy Innovation Marketing Google 270

PYMNTS

JUNE 7, 2019

Forget millennials, that consumer segment that is blamed for the downfall of most everything while also being the target of many innovative efforts. Single consumers are a force of nature as well when it comes to retail. By 2014, it was bigger than both Cyber Monday and Black Friday. Shifting Tide. Take Costco, for instance.

Retail 133

Retail Millennials Online Innovation 133

PYMNTS

JANUARY 29, 2019

In the United States, Shark vacuums run the market — it’s the top selling upright brand and owns 35 percent of the market. Not bad for a firm that in 2010 controlled only 1 percent of the market. and Europe over that last few years, and the firm “fully intend[s] to become UK market leader” in floor care. “We

Marketing 129

Marketing Branding Massachusetts United States 129

PYMNTS

JUNE 13, 2018

Amazon is replacing some of its retail veterans with software that predicts what shoppers want and how much merchants should charge for it. The shift to automating retail team jobs started several years ago with an initiative called “hands off the wheel.”

Software 108

Software Retail Branding Management 108

PYMNTS

NOVEMBER 22, 2018

In 2013 the Atlantic anointed turkey a “ second-rate bird ,” while the writers at Slate mused in 2014 that “ literally any other meat tastes better.” There isn’t a lot of room to really innovate the Thanksgiving turkey. So is this innovation worth investigation? Or is there? The Instant Pot Solution. “I Dinner On Demand.

Innovation 168

Innovation National New York Maine 168

PYMNTS

AUGUST 11, 2016

Back-to-school shopping has started earlier than usual this year, and retailers have Amazon to thank. According to a report, shoppers took advantage of Amazon’s Prime Day to stock up on back-to-school supplies, which is leaving retailers playing catch-up if they want to cash in on what is a lucrative time of year for them.

Retail 100

Retail Online Trends Examples 100

PYMNTS

MAY 20, 2016

In Canada, Beanstream has reportedly captured 30 percent of the nation’s eCommerce market in helping businesses receive and make payments. market to provide businesses — retail and otherwise — the same capabilities. billion in 2014. The company revealed this week that it is now entering the U.S.

US 101

US Marketing Payments Software 101

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

MARCH 7, 2018

To help merchants and other service providers convert more consumers at the point of sale, LendingPoint has unveiled LendingPoint Merchant Solutions, a platform that will provide fully integrated one-stop retail financing, the company said in an announcement.

Retail 100

Retail San Diego Georgia Risk Management 100

PYMNTS

OCTOBER 21, 2019

As Seedrs CEO Jeff Kelisky told Karen Webster in a recent discussion, while most people in 2009 took one look at the sputtering and shuddering economy, there was a whole class of innovators and entrepreneurs who didn’t see a nuclear wasteland where the economy used to be. When most people asked “what’s next?” The list goes on.

Innovation 131

Innovation Payments Apple Mobile 131

PYMNTS

JANUARY 20, 2017

As retail pushes further into online spaces, many marketers and merchants alike are focused on clicks and open rates to measure the success of campaigns and consumer outreach, said Matt Williamson, cofounder and CEO of Windsor Circle. With its Predictive Lifecycle and Marketing Platform, the Durham, N.C.-based

Retail 100

Retail social media Analytics Data 100

PYMNTS

APRIL 27, 2018

There’s a rule of thumb at fast food and quick-serve restaurants (QSR): a seven-second reduction in customer wait time results in an average 1 percent gain in market share. A 2014 study by Northwestern University’s Kellogg School of Management found that’s the case, revealing evidence to support that seven-second rule of thumb.

Innovation 105

Innovation Study Google Survey 105

Bank Innovation

AUGUST 11, 2016

American Express today dispelled market rumors that it would expand its OptBlue program. The program, launched in May 2014, allows merchants who charge less than $1 million a year through American Express, to use one of 18 merchant processors to secure a lower discount rate. Market participants tell Bank Innovation Read More.

Innovation 150

Innovation Marketing Security System 150

PYMNTS

JUNE 26, 2020

Last year, Amazon participated in a $530 million funding round for autonomous technology firm Aurora Innovation. Founded in 2014, it was valued at $3.2 Today, its market value is more than $30 billion. Still, some analysts say the deal is more about Amazon’s mission to fold autonomous technology into its delivery network.

California 259

California Course Technology Report 259

PYMNTS

SEPTEMBER 21, 2018

Walgreens Boots Alliance and Alibaba Group Holding have announced the launch of a Boots flagship store on Tmall Global , Alibaba’s B2C platform for international brands and retailers. The partnership will offer Boots beauty brands to more than half a billion consumers in China, including No7, Soap & Glory and Boots Cucumber.

Branding 175

Branding Retail Groups US 175

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

JUNE 23, 2020

Braun faces charges of accounting fraud and market manipulation designed to artificially inflate the financial technology company’s balance sheet to make it look more appealing to investors and customers. NEW DATA: How Credit Unions Are Innovating To Help Micro Businesses. Airbnb CEO Sees Potential For 2020 IPO Amid Bookings Rebound.

Payments 159

Payments Survey Innovation Fraud 159

Perficient

JULY 11, 2022

Buy now, pay later (BNPL) is a type of point-of-sale installment loan that partners with retailers to allow consumers to pay for their purchases in multiple equal payments. When online shopping, if a retailer has a partnership with a BNPL platform, the customer can choose it as their payment method when placing their order at checkout.

Fintech 474

Fintech Trends South Dakota Apple 474

CB Insights

SEPTEMBER 15, 2017

In the face of an existential threat from e-commerce platforms like Amazon and Walmart ’s Jet.com , mall owners and real estate investment trusts with a core retail focus have explored private market investments in retail technology, e-commerce companies, and direct-to-consumer brands as a way of strengthening their core strategic business position.

Retail 55

Retail Marketing Groups Branding 55

PYMNTS

DECEMBER 27, 2020

firms alone raised more than $435 billion, far outpacing the $279 billion raised in 2014, the previous annual record. US News and World Report, for example, noted that there is still room for new (and significant) listings to come to market in 2021, with names such as Robinhood, Instacart and Stripe on the likely docket.

New York 270

New York US Examples Training 270

PYMNTS

JULY 26, 2018

Beyond BMW and Cadillac , the subscription market is growing as consumers and brands take note: Software vendors, too, are turning to subscriptions, according to the PYMNTS Subscription Commerce Tracker. Here is how different industries are innovating with subscriptions. in Q1 2018 to 64.0 in Q2 2018.The

Marketing 110

Marketing Software Nashville Tennessee 110

PYMNTS

FEBRUARY 22, 2018

Restaurants may want to reach more delivery customers by expanding into new markets, especially as the market for food delivery could grow to $17 billion by 2020. Introduced in 2014 alongside a handful of other experimental services, Uber Eats operates worldwide in 29 countries. Target Market.

Marketing 134

Marketing Boston Operations Retail 134

PYMNTS

NOVEMBER 8, 2017

FIS surveyed 25 markets in which real-time payments programs are operational, rating their innovative qualities on a scale from 1 to 5. Singapore’s Fast and Secure Transfers (FAST) scheme also received a 4 score on the innovation scale, which focuses on accelerated inter-bank transfers as well as direct debits.

Innovation 101

Innovation Payments System Operations 101

PYMNTS

OCTOBER 12, 2016

David Lauren — son of company founder and namesake Ralph Lauren — will be promoted to the newly created position of chief innovation officer, according to a recent filing with the SEC. His most recent post has been as executive vice president of marketing and communications. percent from the $780 million it brought in in 2014.

North Carolina 100

North Carolina Innovation Report Operations 100

PYMNTS

FEBRUARY 17, 2018

For example, Rooster was 2017, Monkey was 2016, Goat was 2015, Horse was 2014, etc. If we were to take an informal poll, we suspect most retailers would also like it if it were always the Year of the Dog, especially if that meant shoppers would become a bit more doglike in the loyalty department. A Commerce Environment Full of Cats.

Retail 105

Retail Branding New York City Columbus 105

PYMNTS

JANUARY 14, 2020

14) that participants in its Visa Token Service have processed eCommerce volumes of $1 trillion since the service’s debut in 2014, and that its transition of Visa Checkout merchants to click-to-pay will begin on Jan. Bowman said that as eCommerce has grown, innovation has been fragmented. Visa said on Tuesday (Jan. 21 in the U.S.

New York 170

New York Security Cards Retail 170

PYMNTS

DECEMBER 14, 2018

By some accounts , more than 90 percent of existing data was created after 2014. More Data, More Innovation. financial services sector as consumers embrace digital technology for the banking and retail industry. billion per week in 2014. market is seeing an uptick in faster and real-time payments transactions.

Payments 180

Payments Regulation Data Security 180

PYMNTS

JUNE 10, 2016

There was no mistake about Cupertino’s cross-border commerce intentions when CEO Tim Cook took a highly publicized trip around India in mid-May, and the point was hammered home when Cook pledged $25 million to build an innovation hub in Hyderabad that would eventually employ 150 people on Apple Maps projects.

Retail 100

Retail Apple Policies Regulation 100

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

NOVEMBER 18, 2018

The Brazilian digital payments market has exploded over the past few years, with more than thirty payment processors vying for customers business. In a press release, Visa said the investment will go to help Conductor expand its products and to accelerate innovation in payments. earlier in 2018.

Regulation 173

Regulation Payments Meeting Strategy 173

PYMNTS

JUNE 24, 2019

The telecommunications and technology company, which acquired SmartThings in 2014, has released a SmartThings Cam and WiFi Smart Plug, which don’t require a separate smart home hub. The Smart Bulb, which retails for $10, does need one. The camera retails for $90 and films in 1080p at a 145-degree angle.

Samsung 109

Samsung Retail Online Marketing 109

PYMNTS

SEPTEMBER 18, 2020

The first was that American mobile-wallet providers pretty much avoided it, starting with Apple eschewing QR codes in 2014 in favor of the higher-tech (and more secure) NFC technology. Jonker said the beauty of QR codes is that they offer a contactless payment that’s not completely bound to a structured retail environment. Second, U.S.

Apple 292

Apple Jacksonville Study Mobile 292

PYMNTS

OCTOBER 12, 2018

Months after Apple CEO Tim Cook said CVS would be accepting Apple Pay, the retailer has brought support for the mobile wallet to stores across the country. The retailer had reportedly slowly brought the functionality to its brick-and-mortar stores, and the rollout has now been publicized, MacRumors reported.

Apple 135

Apple United States Samsung Retail 135

PYMNTS

MAY 12, 2016

Every good idea has imitators, after all, and given the sheer proliferation of meal kit products and services on the market today, Blue Apron clearly had one of the greatest ideas in history. But will it be the firm that rides the meal kit on-demand innovation over the finish line? Perhaps not.

Marketing 100

Marketing Software New York Leadership 100