PYMNTS

DECEMBER 30, 2016

PYMNTS consulted 21 payments executives from across the industry to share their insights on the biggest takeaways from 2016 as part of the “Payments 2016, The Year Of…” eBook. Payments 2016: The Year Of An Incredible Shift In Retailer And Consumer Expectations. My company is in loyalty, or behavior incentivization.

Retail 129

Retail eBook Payments blockchain 129

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. Same-store sales at Gap fell more than anticipated for most of 2016. Kirwan had been in charge of the Gap brand since December 2014. percent in the holiday quarter.

Branding 100

Branding Comparison Retail Operations 100

PYMNTS

JUNE 10, 2019

Oracle has announced new enhancements for its Retail Brand Compliance Management Cloud Service , which will enable retailers to monitor the integrity of their materials and end products. For example, in 2016, a multi-state listeria outbreak in the U.S. affected a number of well-known supermarket chains.

Compliance 115

Compliance Retail Branding Analytics 115

PYMNTS

MARCH 31, 2020

High-level market intelligence about the $18 billion expected to be invested over the next three years is a major focus of the March 2020 Automated Retail Tracker™ from PYMNTS , which serves as a bimonthly breakdown of developments in this rapidly growing business sector. Amazon Go’ Cashless. And Amazon and 7-Eleven aren’t alone.

Retail 140

Retail Texas Illinois Seattle 140

PYMNTS

NOVEMBER 19, 2019

Two famous North American-based quick-service restaurant (QSR) brands are preparing to duke it out in China for chicken-meal supremacy, the most recent sign of how Western brands are trying to increase their footholds in that massive country. The news comes as more Western brands – including those based in the U.S. –

Branding 100

Branding Retail social media Video 100

PYMNTS

JUNE 5, 2019

It’s not enough to just be a retailer these days, it seems. The retail chain reportedly has been in discussions with Triad Retail Media , the retail advertiser owned by WPP PLC, to acquire it. WPP had purchased Triad for about $300 million in 2016 from Rockbridge Growth Equity, the private equity firm.

Retail 165

Retail Video Google Branding 165

PYMNTS

JUNE 8, 2018

After news surfaced in May that Golden Gate Capital was considering a merger of Eddie Bauer and Pacific Sunwear of California , the private equity firm has created a new operating company comprised of the two retailers. Both brands have made great progress in the past 24 months and have generated strong performance.

Operations 100

Operations Company California Branding 100

PYMNTS

DECEMBER 26, 2019

Change came from various areas for retail in 2019. Retail merchandising was, at best, a hit-or-miss system in its heyday, Nextail CEO and Co-Founder Joaquin Villalba told PYMNTS in a recent conversation. Analytics, too, was another hot spot for retail change in 2019 and will continue to be for the 2020s. Role of Data.

Retail 132

Retail Trends Analytics social media 132

PYMNTS

JULY 5, 2019

It’s not enough to just be a retailer these days, it seems. The retail chain reportedly has been in discussions with Triad Retail Media , the retail advertiser owned by WPP PLC, to acquire it. WPP had purchased Triad for about $300 million in 2016 from Rockbridge Growth Equity, the private equity firm.

Retail 139

Retail Video Google Branding 139

PYMNTS

JANUARY 24, 2020

But no matter the case, music is a big part of the retail world, and is helping to create new harmonies of innovation and disruption. Although Apple will operate the playlist, a fairly young label called UnitedMasters , founded in 2017, will provide much of the music. Others don’t. New Partnerships and Services.

Retail 151

Retail Innovation Apple San Jose 151

PYMNTS

JUNE 6, 2019

Look to China, and look some more — that’s one of the main messages in mid-2019 for luxury retailers, at least for ones not based in the U.S. According to a report from Bloomberg , the luxury brand’s CEO, Michael Burke, “gave a rosy view of its China business, easing concerns about the effects of a trade war with the U.S. Online Push.

Retail 122

Retail New York City Branding New York 122

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.” Brands need to have strategies.”.

Software 108

Software Retail Branding Management 108

PYMNTS

AUGUST 16, 2017

There are rarely second acts in retail — particularly once bankruptcy is in play — but, every so often, the unexpected happens. Last week, footwear retail company Payless ShoeSource was one of those unexpected stories, a company pulled into the bankruptcy whirlpool but getting plucked out before being sucked all the way down to the bottom.

Retail 153

Retail Kansas America Branding 153

PYMNTS

SEPTEMBER 14, 2018

Luxury style and quality brands, offered at a more middle-class price point and sold directly to consumers, is increasingly crowded terrain in apparel retail. Or, perhaps more accurately, through tactics that are so traditional they are surprising to see in a modern retail context. We’re listening.”.

Retail 134

Retail Innovation Branding social media 134

PYMNTS

NOVEMBER 8, 2019

Brick-and-mortar retailers are teaming with logistics firms to test drones for delivery — and making progress on their experimental flights. A remote operator monitored them and could step in if needed.) Department of Transportation’s Integration Pilot Program, starting in 2016. UPS subsidiary UPS Flight Forward Inc.

Retail 101

Retail New York North Carolina Virginia 101

PYMNTS

SEPTEMBER 23, 2020

The deal comes after a number of years of formidable expansion and innovation for the vision company that AEA Investors bought in 2016, according to the announcement. Innovation is at the heart of the strategy and differentiation as a trailblazing direct-to-consumer brand, according to the announcement.

Branding 203

Branding Regional Innovation Operations 203

PYMNTS

JUNE 20, 2019

In a way, watching the emergence of legal retail marijuana in North America is like watching someone grow up. Not really a toddler or baby — even black-market sale of recreational and medicinal pot took on many traits of legitimate retail — but more like a once gawky teenager growing into a graceful, confident person. and Canada.

Retail 109

Retail Colorado United States Comparison 109

PYMNTS

SEPTEMBER 26, 2017

Immediacy in retail is no small advantage. While being invisible is something of an odd goal in retail — as it’s hard to sell one’s goods and services if consumers don’t know you exist — Darkstore, as its name implies, is a bit different. Brands and retailers that don’t have a local foothold for their inventory now get one.

Retail 102

Retail Branding Company Operations 102

PYMNTS

MAY 22, 2017

A new study has found that retail global expansion has lost some steam, and while the United States remains the most active, Europe is now the preferred spot for expanding retailers, according to Chain Store Age. The results found that retailers’ expansion into new markets increased by 2 percent in 2016, down from 3.1

Retail 108

Retail United States New York City Study 108

PYMNTS

SEPTEMBER 5, 2016

Ask a brand, retailer or marketer, and they’ll all probably say the same thing: Brick-and-mortar retail stores are dying thanks to the rise of eCommerce and online shopping. And if brick-and-mortar retail really is dead or dying, then maybe somebody should tell that to the retailers themselves? And DSW’s U.S.

Retail 100

Retail Branding US Course 100

PYMNTS

OCTOBER 31, 2017

The Sharper Image is dipping its toe back into physical retail, according to news from CNBC. This is the first time in ten years that The Sharper Image has opened a retail location. The retailer is best known for gizmos like massage chairs, talking bathroom scales and air purifiers. “We We like the extra space.”.

Retail 108

Retail Branding Groups Operations 108

PYMNTS

JULY 31, 2020

Authentic Brands Group ( ABG ), the New York-based brand management company, could be the latest potential buyer of Ascena Retail Group , the recently bankrupt parent firm of Ann Taylor, Footwear News reported. The New Jersey-based company operates about 3,000 stores, mostly at malls.

Puerto Rico 145

Puerto Rico Report New Jersey New York 145

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 trend is reflective of “grocers moving away from a one-size-fits-all approach and adopting new practices that focus more on their brands and shoppers,” according to NRF.

Retail 100

Retail North Carolina Branding Washington 100

PYMNTS

FEBRUARY 29, 2016

Last week, Sears CEO Edward Lampert got personal as he went into detail about the retailer’s continuing woes and the challenges it (and many other “old-line” retailers like it) face in a rapidly changing industry. The chain, which operates both the Sears and Kmart brands, reported a loss of $580 million in the quarter ending Jan.

Retail 100

Retail Branding Taxes Operations 100

PYMNTS

OCTOBER 6, 2019

Go Global Retail announced its plans to acquire the assets of ModCloth from Walmart. ModCloth offers exclusive indie and vintage-inspired women’s clothing, shoes, handbags and accessories for 18- to 35-year-old women, while Go Global Retail is a brand investment platform for strategic investors in the consumer sector.

Retail 129

Retail Branding Strategy Digital Strategies 129

PYMNTS

APRIL 5, 2018

retailers (or any foreign players) to establish a strong presence in the Chinese market. Meanwhile, although many products around the world bear the “Made in China” stamp, that doesn’t necessarily mean Chinese brands have had an easy time setting up shop away from home. In 2016, $2.19 There, too, some progress is being made.

Retail 115

Retail US Regional Branding 115

PYMNTS

FEBRUARY 6, 2018

Fanatics , a company that sells Team USA merchandise, has taken a novel approach to Olympic retail this year with a physical store in a major U.S. The store marks a milestone for Team USA: It’s their first in-person retail store outside the Olympic Training Center in Colorado. Retail Gold.

Retail 118

Retail Strategy New York City Los Angeles 118

PYMNTS

MAY 18, 2016

Well, there is some joy in retail’s Mudville, as TJX, the long-running champion of off-price sales, posted yet another quarter of solid results. Retail’s most beloved metric, same-store sales, were on the incline, up 7 percent over this time last year, and beating last year’s 5 percent Q1 growth.

Retail 100

Retail Strategy Branding US 100

PYMNTS

JANUARY 17, 2021

Malaysian eCommerce logistics firm Everpeaks has launched a logistics platform called Fulfilment [sic] by Everpeaks that the company said will reduce costs for manufacturer-to-consumer shipping as well as bulk B2B transactions in part by operating from a free trade zone, according to a press release.

Resources 195

Resources Operations Marketing Branding 195

PYMNTS

JUNE 7, 2018

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. IKEA is slowing the growth pace it has sustained in the U.S.

Retail 122

Retail Customer Experience Branding Comparison 122

PYMNTS

APRIL 22, 2019

That’s reportedly the case when it comes to luxury retail brand Gucci. The Gucci call center effort comes at a time of change for luxury retail and call center commerce. These platforms bring urgency to fashion and serve as a newsfeed for brands. Gucci Operation. Larger Changes. percent year over year.

Millennials 158

Millennials New York City social media Branding 158

PYMNTS

AUGUST 22, 2018

We operate the only truly global luxury digital marketplace at scale, seamlessly connecting brands, retailers and consumers. The reach is considerable, touching 335,000 stock keeping units (SKUs) across 3,200 brands. Total value of goods sold through the site was up 55 percent in 2017, over 2016, to $910 million.

Online 101

Online Retail Branding Data 101

PYMNTS

NOVEMBER 29, 2016

billion deal went through, shareholders and the public are learning more about what will come of the 30 brands and more than 5,700 properties. Since the merger, Marriott has spent more than $237 million on related costs, in just the third quarter of 2016. After the $13.3 Experts had speculated a consolidation of the Ritz-Carlton, St.

Branding 100

Branding Innovation Groups Apple 100

PYMNTS

SEPTEMBER 12, 2018

increase from 2016 and the third consecutive annual increase in median household income. Middle Retail. The middle class may be making gains, at least according to Census data, but middle-class retail is a different story, according to some observers. Census Bureau reported on Wednesday (Sept. Not Amazon’s Fault.

Retail 100

Retail United States Payments Trends 100

PYMNTS

SEPTEMBER 17, 2018

L Brands announced it will close all 23 Henri Bendel stores, including its famous Fifth Avenue location in Manhattan, as well as its website, after the holidays. The company plans to focus on its other retailers, including Victoria’s Secret and Bath & Body Works. “We L Brands reported $12.6 billion in revenue last year.

Louisiana 122

Louisiana Branding Retail Course 122

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. Customers trust us to deliver on our brand promise, and I’m confident in our ability to perform well in most any environment.

Retail 158

Retail Online Video Branding 158

PYMNTS

JULY 5, 2018

Much of North America remains anchored to major-brand credit cards. As digital technology keeps bringing new efficiencies to transactions, and more consumers around the world turn to eCommerce for retail and other purchases, an accompanying trend is making life interesting for merchants and payment providers. The numbers back that up.

Retail 108

Retail Payments Cards United States 108