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

MARCH 2, 2020

Retailers may be focused on the wrong metrics. Banking and retail put the most emphasis on return on investment (ROI). It’s not just about the product or service, but the entire customer journey from beginning to end, and it’s something companies should be explicitly managing.”. One explanation?

Customer Experience 151

Customer Experience Retail social media Survey 151

PYMNTS

NOVEMBER 6, 2018

6) that it has acquired StopLift Checkout Vision Systems, an intelligent computer vision system, to combat theft in the retail business. In addition to creating new value for our retail customers around the world, StopLift’s fraud detection technology will be a key enabler of our frictionless commerce product strategy.”.

Retail 144

Retail Fraud Massachusetts Technology 144

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

FEBRUARY 3, 2020

Consumers are firing brick-and-mortar retailers from the jobs they held years and decades before. To get their shopping jobs done, consumers are now hiring retailers that make it convenient to do business – anywhere, anytime, through any channel and on their terms. But it’s more than that.

Retail 172

Retail Online Study Meeting 172

PYMNTS

DECEMBER 29, 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. Here is the response from Michelle Tinsley, director of mobility and secure payment solutions, internet of things group, retail solutions division at Intel ….

Payments 125

Payments eBook cryptocurrency Retail 125

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

AUGUST 28, 2019

So-called Generation Z is also driving much of the innovation when it comes to retail. To reach consumers on the hunt for offerings that are “clean and natural,” the retail chain rolled out its Everspring household brand. And six in 10 shoppers said it factored into their decision of where to transact, Retail Dive reported.

Retail 148

Retail Trends Millennials Survey 148

PYMNTS

JULY 30, 2019

One of the biggest retail stories as we head into 2020 is how India is a battlefield of digital commerce, along with a hotbed of retail innovation. The company was founded in 2016. The eCommerce retailer is said to be working with Catamaran and has started hiring workers for the operation per unnamed sources, Reuters reported.

Retail 108

Retail social media eBook Report 108

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.” Amazon is so cutthroat and crowded,” she says.

Software 108

Software Retail Branding Management 108

PYMNTS

DECEMBER 29, 2016

Blockchain technology is slowly slinking through the aisles of retail business. Blockchain saw much wider overall acceptance in 2016, especially since Bloq’s announcement that they were working with Visa,” said Bill Shihara, CEO of Bittrex , Next Generation Cryptocurrency Exchange. 2016 could indeed be a blockchain’s jumping-off point.

blockchain 129

blockchain Retail Bitcoin Technology 129

PYMNTS

SEPTEMBER 4, 2018

In order to test out the market in certain areas, a growing number of retailers in Manhattan are opting for short-term leases before making a long-term commitment to a location. The retailer, which started online seven years ago, opened up a holiday pop-up store in 2016. That’s how we run our website.”.

Retail 100

Retail Marketing Examples Groups 100

Bank Innovation

JUNE 15, 2016

Bank Innovation Israel 2016 registration has officially opened today. The only Western fintech event in Startup Nation, the 2016 Bank Innovation Israel will take place 1-3 November at the Dan Tel Aviv. The event is presented by Bank Innovation, one of the world’s leading fintech blogs.

Innovation 150

Innovation National Fintech social media 150

PYMNTS

DECEMBER 30, 2016

FinTech is no stranger to this pattern, and while venture capital levels have seemed to dwindled in certain markets (analysts found VC funding down by 29 percent in 2016 compared to last year), B2B startups remain the apple of many investors’ eyes. Supply Chain Management. India saw a particularly lucrative year. ShopKirana.

Capital 124

Capital National Resources Apple 124

PYMNTS

FEBRUARY 16, 2017

retail sales rose 0.4 Further, revised numbers from December 2016 showed a 1 percent increase over the month before. Consensus is that steady rates of hiring, a rise in wage growth and a continued push in the retail sector to provide discounts and promotions have all led to the increase in consumer spending in January.

Retail 100

Retail Analytics Report Online 100

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

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.

Retail 151

Retail Technology Survey Course 151

PYMNTS

JUNE 21, 2019

These hubs for travel retail, which are providing an audience of on-the-go travelers as U.S. However, the company’s luxury unit is continually on the uptick — and travel retail is said to be partly responsible. To keep tabs on the latest retail trends, check next week’s Retail Pulse.

Retail 101

Retail Branding New York City Houston 101

PYMNTS

OCTOBER 21, 2016

The fleet management market is estimated to grow from $9.54 billion in 2016 to $27.9 According to MarketsandMarkets, the increasing need for operational efficiency is expected to be the primary driver for the fleet management market during the forecast period. billion by 2021 at a CAGR of 23.9

Management 100

Management Marketing Regional System 100

PYMNTS

JUNE 15, 2017

For the last few years, the retail industry has been in a whirlwind of change. million, an 18 percent increase from 2016. million, an 18 percent increase from 2016. All of the retailer’s clothing is made in Spain and other countries close by to enable quick feedback from store managers on trends around the world.

Retail 101

Retail Trends Online Innovation 101

PYMNTS

SEPTEMBER 20, 2018

It’s a good time in America to have a retail space ready to rent out — eCommerce merchants are on the hunt and signing large contracts. The supply chain arms race is as competitive as it’s ever been,” said Adam Mullen, CBRE’s senior managing director of industrial and logisitics, Americas leader. “The

Retail 122

Retail Fort Worth Metro North Carolina 122

PYMNTS

OCTOBER 27, 2016

Traditional retail metrics are no longer sustainable — or are rapidly becoming such — in a digital retail environment. That is the finding of HRC Retail Advisory’s latest study focused on mature retail businesses. Retailers must take action now to address these issues, which are not economically sustainable.”.

Retail 100

Retail Study Online Management 100

PYMNTS

JUNE 15, 2017

Blockchain technology may be used widely in the financial services industry, but that doesn’t necessarily mean it will see a smooth transition into the retail sector. How blockchain can potentially be implemented in retail is still up in the air. At the International Economic Forum this month in St.

blockchain 130

blockchain Retail Bitcoin Delaware 130

Insights on Business

JANUARY 25, 2016

What do you think will happen in 2016? Banks embrace the power of payment hubs with new use cases such as liquidity forecasting, cross sell, and risk management. # Banks embrace new architectures to enable next best action, enterprise risk management, and best fit to leverage digitally connected consumers. # 3 Banks fight back.

Payments 112

Payments Risk Management blockchain Apple 112

PYMNTS

MARCH 14, 2017

A new report by Global Market Insights reveals that the market size for mobile POS terminals will gain significant growth in the coming years, with a compound annual growth rate (CAGR) of more than 19 percent from 2016 to 2023. According to a press release , the POS Terminal Industry is expected to be valued at $103.52

Retail 164

Retail Mobile Marketing Samsung 164

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 20, 2016

A good economy is good news for retailers in a variety of regards. But for retailers going into the holiday season 2016, a good economy is creating yet another headwind for physical retailers who’ve spent much of the year being buffeted constantly by market pressures. percent in August, a drop from 5.1 ”

Retail 100

Retail Louisville Memphis Kentucky 100

PYMNTS

SEPTEMBER 14, 2016

Mid-sized retailers are missing the mark when it comes to investing in their omnichannel initiatives, according to a new research report from Freestyle Solutions, a provider of order management software for retailers and brands. What’s more, less than half, 44 percent, had an in-store product locator.

Retail 100

Retail Study Online System 100

PYMNTS

JANUARY 3, 2017

Many retail companies rung in the new year with a new CFO. Or, at least, many retail companies wanted to. Turns out, at least 45 retail companies have had their CFO exit in the past year. As a result, recruitment for these positions goes outside of retail. And they’re not alone.

Retail 108

Retail Industry Strategy Examples 108

Bank Innovation

FEBRUARY 24, 2016

The panel of judges — Scarlett Sieber of BBVA; Sam Maule of Carlisle & Gallagher; Ryan Falvey of the Center for Financial Services Innovation; Matt Wilcox of Fiserv; and Phil Ryan of Bank Innovation — will decide which company is worthy of the “Best in Show” DEMOvation crown at Bank Innovation 2016.

Innovation 150

Innovation Seattle Fintech Company 150

PYMNTS

MARCH 3, 2017

To show how much eCommerce has impacted shopping, 1010data released its 2016 Online Consumer Packaged Goods (CPG) Industry Report this week. These items sold two times as fast as the total amount of eCommerce sales, which may in part be due to more online retailers providing a two-day delivery option to help expedite growth.

Online 100

Online Report Branding Retail 100

PYMNTS

NOVEMBER 13, 2017

This is true for consumers making payments to companies to obtain retail goods and businesses looking to pay each other for services rendered. SMBs, according to a recent report by Grant Thornton, which surveyed working capital management in the nation’s SMBs and found, overall, that they could improve working capital performances.

Capital 108

Capital Management Data Software 108

PYMNTS

JUNE 2, 2018

The phrase is also a familiar refrain in retail — sung by retailers when disappointing results come at the same time as a streak of unusual and unseasonable (aka lousy) weather. In Q1 of 2018, the cooler than usual spring/summer contributed to retailers posting less than stellar sales. According to the experts … sort of.

Retail 101

Retail Washington Regional Report 101

PYMNTS

MAY 29, 2020

In 2016, an organization called Digital Main Street was set up by the city of Toronto as a business improvement project for small- to medium-sized businesses (SMBs). A partnership was born, and the students could then help retailers get onto the Shopify program and generate precious revenue. And then there’s the attitude.

Maine 142

Maine Retail Google Community 142

Payments Dive

MARCH 1, 2016

Date: Tue, March 8, 2016 | Time: 2:00 PM | In 2015, retail sales increased by 3 percent while online stores sales increased by 9 percent. During the months of November and December, sales spiked dramatically – driving 30 percent more ecommerce revenue than during non-holiday months.

Management 150

Management Retail Online 150

PYMNTS

JULY 17, 2019

The second Payment Services Directive ( PSD2 ) groundwork laid out in 2016 is about to come to fruition in a few months – Sept. While regulatory and governmental bodies are still debating PSD2’s full reach, the latest PSD2 Tracker looks at how retailers are approaching SCA as they face potential losses under the rule. For example, U.K.-based

Retail 162

Retail User Experience Compliance Regulation 162

PYMNTS

JUNE 13, 2017

It has advantages for retailers, too. Data Enabler VoltDB helps retailers carry that load, with broad, deep, and most importantly, fast data reporting that enables them to adapt to fluctuating inventory needs on the fly. 100 percent accuracy – Data managed by VoltDB is always accurate, all the time, for all decisions.

Retail 111

Retail Data Online Management 111