Celent Banking

JANUARY 20, 2017

As for what you can expect between now and April 4 in Boston, look for a series of articles from the Celent analyst team highlighting some of the many insights that we’ve gleaned along the way. And while space is filling up fast, there’s still time to register for 2017 Innovation & Insight Day , April 4, 2017 in Boston, Massachusetts.

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FEBRUARY 8, 2018

Brick-and-mortar retail oftentimes gets a bad rap in 2018. Last year saw store closures spike 200 percent to 7,000 — the worst retail bloodletting since the dark days of the 2008 recession. The widely shared consensus is that this could all get quite a bit worse for physical retail before it gets better.

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NOVEMBER 14, 2018

And European retailers are embracing digital payments: H&M, for instance, recently inked a partnership with Klarna through which they will further integrate H&M’s physical and digital stores. The company also reported that online retail sales may hit $123.73 A little more than 74 billion — or 74.5 The figure marks a 4.1

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APRIL 30, 2018

That’s after closing 800 stores in 2017. Store count isn’t everything,” CEO Suzanne Greco told The Boston Globe. It’s just not what people want anymore,” Bob Phibbs, CEO of New York consultancy The Retail Doctor, told The Washington Post. “If It appears that “Eat Fresh” has gone stale. It’s about growing the business.

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Celent Banking

FEBRUARY 14, 2017

Most retail deposits still take place at the branch. Most Retail Deposits Still Take Place at the Branch. Yet, with a decade of remote deposit capture utilization behind us, a January 2017 survey of US financial institutions (n=269) clearly shows that the majority of retail deposit dollar volume still takes place in the branch.

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SEPTEMBER 7, 2018

Shoe brand Allbirds , in particular, has brought a large retail space in New York City. cities, such as Boston and Los Angeles, for additional brick-and-mortar locations. With an increase in brand awareness from the retail stores, its eCommerce sales have risen.

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JANUARY 29, 2019

While Nordstrom is planning to open two full-line locations this year, the fashion retailer intends to close two locations at the beginning of April. The outlet reported that the retailer has shuttered roughly two locations each year in recent times. area store in the middle of 2017.

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Celent Banking

FEBRUARY 28, 2017

The Products entries for 2017 fall broadly into four sub-categories: Payments Product — for launching the best consumer or business payments product. Join us for the 10 th annual Innovation and Insight Day on April 4 th in Boston. This week’s article focuses on Model Bank entries in the Products category.

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Celent Banking

FEBRUARY 28, 2017

The Products entries for 2017 fall broadly into four sub-categories: Payments Product — for launching the best consumer or business payments product. Join us for the 10 th annual Innovation and Insight Day on April 4 th in Boston. This week’s article focuses on Model Bank entries in the Products category.

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MARCH 15, 2019

As it stands, mobile ordering is available at the chain’s Denver, Boston and Houston locations — and more markets are said to be in the works for this year. The retailer reported net income for the fourth quarter of $102.6 million in 2017. To keep tabs on the latest retail trends, check next week’s Retail Pulse.

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JUNE 11, 2018

But at roughly the same time that Markle was modeling their wares at a royal gathering, Club Monaco was doing something designed to perhaps push an even greater “pop” for their retail presence than the enthusiasm of a princess (or, technically, duchess). Pop-up stores.

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MARCH 2, 2017

Boston-based athletic company New Balance has a simple mission: to become the world’s best running brand. Said simply, New Balance is rethinking athletic footwear retail — how to sells shoes, where to sell shoes and how to carry on its relationship with its customers across channels — and in between sneaker replacements.

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CB Insights

DECEMBER 19, 2017

Modern-day retail is at an inflection point as retailers face struggling physical storefronts, massive debt, and inefficient operations, among other issues. Formerly beloved brands such as Aeropostale, American Apparel, and PacSun bit the dust in 2016, and the pace of retail deaths has accelerated since then.

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DECEMBER 4, 2019

The brand will only sell its “Glossier You” fragrance, which has become one of the top-rated products on Glossier.com since rolling out in October 2017, CNBC reported. The department store retailer has also reportedly worked with Allbirds, Everlane and Away.

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CB Insights

OCTOBER 20, 2017

2017 has seen a spate of venture-backed tech companies go public, including California-based Okta , Snap , MuleSoft and Cloudera. 2017 Tech IPO Pipeline. 2017 Tech IPO Pipeline. The top exits are dominated by companies focused in media and advertising, social, financial services, data, retail, food delivery, and healthcare.

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JANUARY 18, 2018

Austin, Boston, New York and D.C. Amazon first solicited proposals for its new HQ2 in September 2017. Boston, Massachusetts. The finalists are in, and Amazon has chosen its list of the 20 cities still in the running to be the home of its second headquarters (HQ2), according to Bloomberg reports. Politicians across the U.S.

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MARCH 22, 2019

million in investor funding, including from ICE, Microsoft’s venture capital unit and Boston Consulting Group, noted the paper. The long term aim is to regulate cryptocurrency so it can be used by consumers to make retail purchases. The deal comes as bitcoin has been suffering from a steep price decline since the end of 2017.

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APRIL 17, 2018

As of this month (April), Target customers in Boston, New York, Chicago, San Francisco and Washington D.C. Buttressing the expanded same-day delivery efforts are two acquisitions Target made in 2017: Grand Junction and Shipt. will find it easier to get the goods they want that much faster.

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MARCH 6, 2017

While many in the Greater Boston area stayed indoors to keep clear of the arctic chill that had descended upon the region, eight teams hunkered down in offices in the middle of the Financial District with another goal in mind: reimagining the retail and payments experience using AR/VR technologies.

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JUNE 5, 2019

percent between 2017 and 2026. Some companies, such as French sporting goods retailer Decathlon , are turning to QR codes as they expand to new markets, notably the U.S. A recent analysis valued the global mPOS industry at $26 billion in 2018, and it is expected to increase at a compound annual growth rate (CAGR) of 18.8

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FEBRUARY 22, 2017

In a twist on contemporary retail trends toward online channels, consumers still largely prefer to return in-store. One logistics technology startup is working to solve the problem of physical returns for digital retailers. One logistics technology startup is working to solve the problem of physical returns for digital retailers.

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Celent Banking

FEBRUARY 1, 2017

This is just a taste of what we’ll have in store at the 10 th annual Innovation and Insight Day on April 4 th in Boston. These technologies are at varying levels of maturity, but the potential to revolutionize the customer experience through AI may be truly transformational, and Celent was pleased to see so many projects in this space.

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MAY 18, 2017

From responsive mobile websites to on-demand offerings, consumers are increasingly demanding that retailers, both online and in the real world, cater to their needs in the moment. . And Boston Dynamics is working on their own robotic delivery system, which it showed off at this past April’s TED 2017 conference.

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Celent Banking

OCTOBER 5, 2016

Its seriousness brought into stark relief by the $81mm Bangladeshi incident (something my cab driver in Boston asked about on the way to the airport!), PSD 2 is often thought of in a retail banking context, but its implications will carry over to the corporate side as well. We at Celent look forward to the progress to come in 2017.

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MAY 24, 2018

Ohio-based Spangler Candy Company won the auction with a bid of just under $19 million, The Boston Globe reported. “We The candies are made in a suburb of Boston, where the company has a little more than 200 employees. Necco had moved its operations to a large 50-acre site after leaving its longtime plant just outside Boston in 2003.

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MAY 9, 2018

In 2017, it gobbled up at least three different food delivery competitors: Boston-based Foodler, Groupon ’s OrderUp and, most recently, Yelp ’s Eat24. McDonald’s , for example, has rolled out delivery to 5,000 of its approximately 14,000 U.S. And customers typically spend more when they order delivery, according to McDonald’s.

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MAY 11, 2017

The Boston-based furniture and home goods retailers saw it stock price shoot up 20 percent to an all time high as earnings reports clocked in stronger than expected. Wayfair’s biggest trick this week was blowing away analyst expectations for revenue during the Q1 2017 quarter that ended in March. million, up 28.6

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APRIL 12, 2018

Since then, Amazon has become such a dominant powerhouse that other retailers have had to emulate its shipping strategies. According to the “2017 Digital Commerce Benchmark Survey,” conducted by Boston Retail Partners , some 65 percent of retailers will offer same-day delivery within the next two years.

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JANUARY 25, 2019

In a recent trend, eCommerce mattress brands have been moving into the world of brick-and-mortar retail by opening their own stores and pop-up shops to help let customers test-drive their products in real life. 22) before reportedly extending the service into Boston and New York, among other cities.

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FEBRUARY 12, 2018

Put on a Retail Happy Face. Yup, physical retail is doing just fine — despite all the talk of doom and gloom. Yet, according to Fung Global Retail & Technology, 6,985 stores closed in 2017 , up 229 percent from 2016, and well above the number of stores which closed in the year that started physical retail’s death spiral: 2008.

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JUNE 12, 2018

When Sephora announced the launch of a new 2,000-square-foot concept store in Boston last year , it unveiled a marriage of brick-and-mortar and digital: The store allowed customers the ability to order products in-store from the Sephora website, and it announced same-day pickup through its Sephora app, too.

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CB Insights

SEPTEMBER 26, 2018

While the store is a first for Nike, it’s part of a bigger trend in retail — product and inventory localization. how retailers can survive (and thrive) this holiday season. Learn about the technologies, innovations, and strategies that retailers can leverage during the holidays. Major retailers and brands go local.

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FEBRUARY 8, 2018

In 2017, it gobbled up at least three different food delivery competitors: Boston-based Foodler, Groupon’s OrderUp and, most recently, Yelp’s Eat24. The partnership comes as fast food chains have increased their appetite for delivery: McDonald’s, for example, has rolled out delivery to 5,000 of its approximately 14,000 U.S.

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FEBRUARY 22, 2018

Uber Eats, the food delivery branch of the ridesharing company, was on track to post more than $3 billion in gross sales by the end of 2017, The Financial Times reported. And Grubhub has been in expansion mode , gobbling up Boston-based Foodler, Groupon’s OrderUp and Yelp’s Eat24 in 2017.

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MARCH 15, 2017

The company currently operates 263 department stores in 25 states under the Bon-Ton, Bergner’s, Boston Store, Carson’s, Elder-Beerman, Herberger’s and Younkers banners. In 2017, Bufano said there will be “even greater emphasis on growth categories and localization.”. Revenue fell 5.5 percent to $877.3 percent to $2.6

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APRIL 11, 2017

The Super Bowl may be a memory, but the somewhat improbable victory of the New England Patriots was still fresh in the minds of many at snow-jammed Boston during Innovation Project 2017. In many firms, “from SMBs up to the biggest retailers,” said the executive, assets have been siloed. Bisignano agreed (“This is a journey”).

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APRIL 20, 2018

Though the retailer has 250 locations, 38 of those stores are already in liquidation. The retailer said in a filing earlier this year that it might have to file for Chapter 11 if it could not reach a deal with creditors. All of the chain’s brick-and-mortar stores are scheduled to close by the end of August, Chain Store Age reported.

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