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

JANUARY 16, 2020

Close the door and buckle up – retail automotive sales are getting an upgrade. Vroom said it will use the capital to invest in expanding its workforce, technology, operations and marketing, as well as products. million vehicles were purchased in 2014. Some of the changes are coming via artificial intelligence (AI).

Retail 131

Retail Detroit Video Online 131

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

AUGUST 10, 2016

Supermarket chains dominated a list of hottest retailers in 2015, according to information released by the National Retail Federation’s (NRF) STORES magazine. The NRF released its annual list of Hot 100 Retailers on Aug. domestic sales with sales of at least $300 million based on figures compiled by Kantar Retail.

Retail 100

Retail North Carolina Branding Washington 100

PYMNTS

OCTOBER 30, 2018

It was only about two months ago — August, in fact — when the prediction came out: Amazon , the eCommerce operator that had recently made moves into healthcare, deepened its power in grocery and continued to grow in other parts of retail (and cloud computing), would hit $2.25 trillion in market capitalization by 2024.

Marketing 130

Marketing Apple Operations Retail 130

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

NOVEMBER 7, 2018

There are many, many retailers and brands trying to outfit the world, and standing out in the crowd is difficult. And while those numbers aren’t likely to keep Amazon or H&M up at night, for a small Cuban eCommerce startup operating out of nation where internet access is patchy and from which the company can’t ship goods directly to U.S.

Marketing 198

Marketing US United States South Carolina 198

PYMNTS

AUGUST 28, 2019

continue to grow its eCommerce and grocery operations — same day grocery delivery is now available to most of the store’s members, the company recently said — as the merchant continues to bask in the glow of besting Amazon in an important customer satisfaction index. Additionally, the smartphone market is getting saturated.

Retail 100

Retail Trends Apple Metro 100

PYMNTS

APRIL 7, 2016

TechCrunch reports that, yesterday (April 6), Thrive Market launched a version of its app — previously only available on iOS — for the Android platform. Through its “Thrive Gives” program, shares TechCrunch, for every paid subscriber that Thrive Market brings on board, the company donates a free membership to a low-income family.

Los Angeles 100

Los Angeles Marketing Comparison Retail 100

PYMNTS

MARCH 6, 2020

The typical American household spends $65,960 per year, the largest share of which goes toward retail spending — 30.8 percent of total consumer retail sales as of 2019 and nearly half (49.4 eCommerce retail sales. That big jump in market share is explained by the massive uptick in sales on Amazon in the last five years.

Seattle 192

Seattle Retail Marketing Data 192

PYMNTS

APRIL 13, 2018

It was a record-breaking first quarter for retailers in the U.S. According to a report issued by Moody’s earlier this week, the retail sector managed to notch a record number of defaults during Q1 2013, with nine retailers defaulting on their debt. As a result of the series of retail fails, the default rate of high-risk U.S.

Retail 116

Retail Course Washington Marketing 116

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

MARCH 25, 2020

Retailers are finding success in the complex, highly regulated wine industry , and are looking to top off loyalty as coronavirus orders flow. Wine Insiders , in one case, has combined edgy technology and innovations, and supplemented traditional marketing channels with digital advertising. All this, Today in Data.

Innovation 108

Innovation Data Regulation Retail 108

PYMNTS

JUNE 7, 2018

market, axing plans for new stores in three U.S. The goal for all retailers is, of course, to deliver an excellent experience, both online and in stores, and to find ways for those disparate experiences to mesh seamlessly with one another. The Swedish furniture retailer seems to be making the opposite transition.

Retail 122

Retail Customer Experience Branding Comparison 122

PYMNTS

OCTOBER 22, 2020

“No other platform features the PICKUP Good Guys, a curated network of vetted independent contractors delivering big and heavy goods, enabling PICKUP to provide retailers greater value across their assortment than any other solution on the market today,” she said. Postmates was launched in 2011 and is based in Silicon Valley.

Dallas 150

Dallas Texas Retail Customer Experience 150

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

NOVEMBER 28, 2016

Beyond the Cyber Monday deals from big-box retailers offering deep discounts on TVs, Xboxes and other big-ticket items, there are the smaller retailers trying to have skin in the game. Big retailers are more able to take in those discounts by enticing customers to buy more or other items. So, what do these smaller retailers do?

Retail 100

Retail San Francisco Online Groups 100

PYMNTS

AUGUST 16, 2016

The business of retail apps is booming. billion in 2014, an increase of 68.7 And 303 of the world’s top 500 retailers now have an app. In 2015 alone, 50 those retailers generated $29.46 But what separates a good retail app from a bad one? And why are some retailers making more money off mobile apps than others?

Retail 100

Retail Study Mobile Comparison 100

PYMNTS

MARCH 3, 2020

and aided the company by bolstering operations as well as selling businesses, The Wall Street Journal reported. was a target of Land & Buildings Investment Management LLC, an activist investor that wanted the firm to optimize its real estate value by converting its retail space into hotels, offices and other boutiques.

Groups 130

Groups Retail Operations Report 130

PYMNTS

MARCH 16, 2016

Western retailers are just now starting to see daylight at the end of a long winter of discounting discontent, and many standbys like Macy’s and JCPenney haven’t come out unscathed. 2015 report by Statistics Korea, via eMarketer , found a striking disparity in growth between physical and online retail in South Korea last year.

Retail 100

Retail Online Customer Experience Operations 100

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

JANUARY 24, 2018

In response to potential competition from Amazon, French retailer Carrefour will invest in eCommerce, seek a partnership with Tencent and put a plan in place to trim its workforce, Reuters reported Tuesday (Jan. billion USD) in eCommerce by 2022 — six times Carrefour’s current investment in its web operations. billion euros ($3.4

Retail 123

Retail Online Operations Capital 123

PYMNTS

MARCH 2, 2020

The grocer has been decreasing its international presence to home in on its local market, where it is engaged in a price war with eCommerce rivals and discount supermarkets. Tesco Lotus now has approximately 2,000 store locations in operation in the nation.

Groups 188

Groups National Operations Resources 188

PYMNTS

JUNE 10, 2016

Usually being the operative word here. When Cook and Prime Minister Narendra Modi met to cap the trip off, it seemed a forgone conclusion that Apple would get what it was looking for: an exemption from a regulation requiring foreign-owned retailers to source at least a third of their manufacturing from local Indian sources.

Retail 100

Retail Apple Policies Regulation 100

PYMNTS

MARCH 9, 2020

The move will enable the company to focus on producing shareholder returns and cash from its United Kingdom, Central Europe and Ireland markets, The Wall Street Journal reported. The grocer has left markets such as the U.S., South Korea and Japan, and also relinquished some control of its Chinese operations as of 2011.

Groups 130

Groups Taxes Resources Operations 130

Bankelele

JANUARY 31, 2015

The 2014 annual general meeting (AGM) of Unga Ltd. shareholders took place at KICC in Nairobi on December 2 2014. Also, Unga has implemented new Route-to-Market strategies and is opening up stores/warehouses that sell exclusively Unga products to overcome distribution problems in some areas.

Marketing Strategies 28

Marketing Strategies Meeting Taxes Regional 28

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. Market opportunity. Sigma aims to streamline business operations. Stripe is ramping up its private market investments. TABLE OF CONTENTS.

Online 98

Online Company Retail Payments 98

PYMNTS

FEBRUARY 21, 2018

Gap Brand announced that its CEO Jeff Kirwan was leaving the company, just as the retailer gets ready to reveal its fourth-quarter results. While I am pleased with our progress in brand health and product quality, we have not achieved the operational excellence and accelerated profit growth that we know is possible at Gap brand,” Gap Inc.’s

Branding 100

Branding Comparison Retail Operations 100

PYMNTS

OCTOBER 13, 2016

digital loyalty service for SME retailers and eateries, is raising £500,000 in funding to support ongoing growth and establishing operations in the U.S. In a press release , Loyalzoo said it will use the investment to focus on executing its go-to-market strategy and pipeline, growing U.S. Loyalzoo, a U.K. based headquarters.

US 100

US Retail Marketing Strategies Security 100

PYMNTS

NOVEMBER 17, 2016

USA Technologies, the payment technology service provider for the self-service retail market , announced Wednesday (Nov. USA Technologies, the payment technology service provider for the self-service retail market , announced Wednesday (Nov. Is it designed to be a “one-stop shop.”

Technology 100

Technology Cards Guidelines Video 100

PYMNTS

MARCH 16, 2018

Thankfully, today’s parking kiosks have moved beyond coin-operated solutions to accept dollar bills, credit and debit cards, mobile wallet and mobile app payments. The brand-new Kiosk & Retail Report: Parking Edition examines how the parking kiosk market has changed in more than 80 years. percent per year.

Data 125

Data Mobile Report Technology 125

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. That is an 80 percent pick-up from 2014, and has required an extreme upgrade to the Blue Apron technical team, according to Papas. Perhaps not.

Marketing 100

Marketing Software New York Leadership 100

PYMNTS

AUGUST 9, 2017

Some question whether the card-payment network operator will be able to overcome the struggle to “remain relevant” in a market that is quickly changing — and where consumers may soon be leaving card-based payments behind entirely. UnionPay was slow to bring the QR code technology to market in China.

Payments 116

Payments Apple Cards Mobile 116

PYMNTS

JUNE 21, 2019

In the latest edition of the PYMNTS weekender, coverage includes the latest about PayPal and Google’s views about bank charters, a deep, analytical dive into Facebook’s new payments idea, a look at the new rise of pet retail and other stories you might have missed or simply want to review. Why Pets Are Pulling Retail Innovation’s Leash.

Fraud 101

Fraud social media cryptocurrency National 101

Bank Innovation

JUNE 23, 2016

Launched in 2014, Ant Financial Read More. Lucy Peng, CEO, Ant Financial Ant’s latest fundraising round – the largest ever anywhere – of $4.5 billion, and its overall valuation of more than $60 billion, have turned the Alibaba spinoff into one of the most valuable private tech companies in the world.

Innovation 284

Innovation Company social media Operations 284

PYMNTS

APRIL 22, 2016

Going forward, Walmart’s board with have 12 members as opposed to 15, in an attempt to more closely resemble other retail boards nationally. The change is also designed to help Walmart respond more quickly as market conditions vary. million in 2014. The changes will see 67-year-old Jim Walton retire from the board.

National 100

National Retail Operations Marketing 100