PYMNTS

OCTOBER 17, 2017

The business advisory firm FTI Consulting has forecasted that online retail sales in the United States will top $1 trillion by 2027 , CNBC reports. The firm expects eCommerce to grow from the current figure, $445 billion, as consumers continue to move away from traditional retailers.

Retail 114

Retail Online United States US 114

PYMNTS

JANUARY 2, 2020

As it aims to tap into its massive digital subscriber base to take on worldwide eCommerce companies, Mukesh Ambani’s Reliance Industries is launching an early version of its online retail offering. The company has reportedly emerged as the strongest rival to the existing online shopping leaders India, Flipkart and Amazon.

Industry 131

Industry Online Retail Report 131

PYMNTS

AUGUST 22, 2018

The online marketplace has disrupted any number of verticals, changing the way we shop and spend, and where we grab must-have items — from books to rugs to lamps, and sometimes from across international borders. We operate the only truly global luxury digital marketplace at scale, seamlessly connecting brands, retailers and consumers.

Online 101

Online Retail Branding Data 101

PYMNTS

APRIL 16, 2018

The retailer’s website has 55.9 million average monthly visits, retail news source Retail Dive reported. Still, Macy’s is losing market share to competitors such as Amazon , according to Coresight Research. Even so, there are opportunities for retailers like Macy’s in the mobile arena.

Retail 111

Retail Online New Jersey Florida 111

PYMNTS

APRIL 19, 2017

PetSmart is boosting its digital offerings through the acquisition of Chewy, the leading online retailer of pet food and products. The acquisition is expected to close by the end of PetSmart’s second fiscal quarter of 2017. “We

Online 100

Online Retail Customer Experience Operations 100

PYMNTS

JUNE 18, 2018

Amazon ’s furniture sales are on the move: A One Click Retail study found that the eCommerce retailer has more than tripled sales in that category since 2015. And, in 2017, furniture brought in approximately $4 billion, retail news source Chain Store Age reported. with only groceries ahead of it.

Study 118

Study Comparison Retail Online 118

PYMNTS

NOVEMBER 1, 2018

Amid a change in shopping habits from brick-and-mortar to eCommerce, online spending is expected to reach $124.1 To arrive at the forecast, Adobe Analytics took a look at transactions at 80 of the top 100 retailers in the United States along with visits by consumers to U.S. retail websites. retail websites. billion.

Online 160

Online United States Retail Analytics 160

PYMNTS

NOVEMBER 5, 2018

Those promise to stand as two main traits of the 2018 holiday shopping season , and retailers that gain an edge and increase revenue during the all-important fourth quarter will likely have exploited such tactics during this period, at least according to new data that strives to paint a detailed picture of U.S. Offline And Online Cozy Up.

Retail 179

Retail United States Millennials Study 179

PYMNTS

JANUARY 29, 2018

grocery shoppers may purchase at least some of their groceries online within five to seven years, according to a Food Marketing Institute and Nielsen report, CNBC reported. There is a fundamental shift in retail, and we are seeing an acceleration,” said Thom Blischok, global retail strategic advisor to Nielsen.

Online 123

Online Retail Marketing Report 123

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

PYMNTS

AUGUST 14, 2017

There seems to be an awful lot of piling on these days on the big online platforms. Take a look at this chart, which lays out grocery chain market share. You will observe grocery, as a retail category, is very fragmented. Walmart has the largest market share at 14.2 This one is particularly amusing. Investors put $2.65

Innovation 109

Innovation Online Google Millennials 109

PYMNTS

DECEMBER 16, 2020

16), heading above the $20,000 mark for the first time ever — eclipsing its previous record high set in 2017. This is the domino effect as asset managers tumble their portfolios into bitcoin,” Charles Hayter, CEO of market data provider CryptoCompare, told CNBC. Bitcoin continued its ongoing surge in price Wednesday (Dec.

Bitcoin 343

Bitcoin cryptocurrency Training Marketing 343

PYMNTS

DECEMBER 12, 2017

Women in 2017 will do the bulk of the family’s holiday shopping – to the tune of 75 percent. But in some ways, 2017 is a very different year than the last few, Quinlan noted – a much merrier and brighter year on the commerce front. She’s not known for putting an unnecessarily chipper gloss on the story of retail trends.

Retail 102

Retail Online Trends Groups 102

PYMNTS

FEBRUARY 11, 2019

Retail furniture giant Ikea’s recent acquisition of handyman site TaskRabbit shows that it’s aware of competition from other online-only furniture retailers, and their push of services like installation and delivery, according to a report by Reuters. Ikea’s share is 2 percent, down from 2.2 and MADE in Britain.

Retail 128

Retail United States Online Community 128

PYMNTS

FEBRUARY 11, 2019

Among the hottest battles for eCommerce market share involves private label products, with a recent move from Walmart among the latest developments in that particular arena. But the growing use of those brands to attract sales is also leading to more focus on potential challenges for online, private label retail over the next few years.

Retail 158

Retail Branding Online Seattle 158

PYMNTS

AUGUST 11, 2020

In the used car market, Carvana reported a resounding second quarter, with revenues of $1.12 Many people who previously would not have considered buying a car online are giving it a second thought. In a recent CarGurus survey, 60 percent of respondents said they were open to buying a car online versus 32 percent before.

Online 157

Online Michigan Trends Marketing 157

PYMNTS

JULY 29, 2019

The rise of video games, both online and mobile, is helping to drive innovation in retail. The move is one of several Tilly’s has been pursuing recently to draw additional foot traffic in an era when, like many youth-focused retailers, it is seeing its sales constantly shifting online. Larger Trends. More Money.

Video 120

Video Innovation Retail Apple 120

PYMNTS

APRIL 11, 2019

As online food delivery services proliferate amid the battle for customer loyalty, and as grocery and related stores strive to gain more digital footholds, the online sale of alcohol is growing and becoming a bigger part of all those plans. Online food delivery is in the midst of what might one day be called a golden age.

Online 169

Online Retail Regulation Maine 169

PYMNTS

JANUARY 3, 2020

Online brands are growing their presence in the physical world by bringing their products into brick-and-mortar stores. Ouai , a hair and body care brand founded by celebrity hairstylist Jen Atkin, will roll out some of its merchandise in 1,200 Ulta Beauty locations in addition to the retailer’s website on Sunday (Jan.

Retail 131

Retail Industry Branding Miami 131

PYMNTS

SEPTEMBER 4, 2018

A new report says that India’s e-commerce market could hit $150 billion by 2022 due to rising incomes and a boost in Internet users. It also predicts that during that five-year period, the size of India’s middle class will surge to 540 million from 380 million in 2017. “A

Marketing 128

Marketing Retail Leadership Study 128

PYMNTS

MARCH 31, 2020

If there’s any industry that has been slow to transition online, it’s antiques. Two recent moves from leading arts and antique dealers are leading a trend toward online arts and antique buying. Now we’re going to take a smaller storefront and concentrate more online. We’re finally knocking down the barriers online.”.

Marketing 151

Marketing Phoenix Online New York 151

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

APRIL 2, 2018

New data shows that online alcohol-delivery revenue grew almost 33 percent last year, increasing at an average rate of 3 percent month over month. According to Slice Intelligence , the growth of alcohol-delivery service Drizly helped give the market a boost, with revenue that grew by a whopping 62 percent in 2017. and Canada.

Online 109

Online Branding Millennials Data 109

PYMNTS

MARCH 24, 2017

After retail prices for major food sources ended 2016 on a downswing, meaning U.S. But this could all start to see some change in the latter half of 2017 indicates a recent report from Moody’s Investor Service. Even with all the talk of digital usurpation, online sales make up a notably small fraction of the U.S.

Retail 101

Retail Operations Online Marketing 101

PYMNTS

SEPTEMBER 4, 2019

Since 1992, when eCommerce was still in its infancy, online retailers have not had to collect sales tax. consumers are expected to be shopping online by 2021. Will this increasingly regulated online sales tax environment affect this growth? Online Sales Tax and Marketplaces. Online Sales Tax and SMBs.

Taxes 129

Taxes Online South Dakota Louisiana 129

PYMNTS

APRIL 18, 2019

Big news is in the offing for Walmart , Amazon and other chains that offer grocery ordering online – they have gotten a formal “green light” from the USDA to offer that service to recipients of the Supplemental Nutrition Assistance Program (SNAP). Reports indicate other retailers will join the program next month.

Online 126

Online North Carolina New York New York City 126

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. Luxury retail is a hot space in China. Online Push. But China clearly offers opportunity for certain luxury brands, and that market promises to keep developing. Back in the U.S.,

Retail 122

Retail New York City Branding New York 122

PYMNTS

OCTOBER 7, 2019

Walmart-owned men’s retailer Bonobos laid off staff on Monday (Oct. Walmart bought Bonobos for $310 million in 2017. It started online and soon added stores where people could go and try on clothes and then place orders for them to be delivered. In 2017, the retail giant bought ModCloth and Moosejaw, and outdoor retail company.

Online 100

Online Retail Digital Strategies Branding 100

PYMNTS

MAY 7, 2019

As retailers shutter locations from the heartland to big cities, the latest update on the state of retail from New York’s storied Fifth Avenue says that rents are falling and vacancies are rising – showing that even a flagship address can’t escape the realities of modern-day commerce. percent in Q1 2018 but down from 27.5

Retail 122

Retail Branding Washington Report 122

PYMNTS

JUNE 25, 2019

Walmart will now accept SNAP (Supplemental Nutrition Assistance Program) to pay for online grocery orders at all of its pickup locations, according to a report. Walmart started testing the program in 2017. On Tuesday (June 25), the retailer announced it was expanding the program to all of its more than 2,500 pickup locations.

Online 102

Online Cards Arkansas Retail 102

PYMNTS

NOVEMBER 2, 2016

Going to be a good year for online retailers if analysts got their guess right. Sales are reportedly on track to reach $440 billion in 2017, a sizable pickup from the $395 billion expected, according to a recently released report. percent, that will still vastly outdraw the 2 and 3 percent physical locations are hoping to clear.

Retail 100

Retail Online Study Trends 100

PYMNTS

AUGUST 12, 2019

Among the ongoing trends in retail is the funding for online used car platforms, and the ongoing rise of eCommerce and digital payments in Latin America. The company – whose name means “Buy My Car” in the country’s official language – was founded in 2017, and last year raised $3.7 Used Vehicle Trends. More Funding.

Trends 115

Trends Online Report America 115

PYMNTS

JANUARY 31, 2020

Online fashion marketplace Moda Operandi announced a $100,000 funding boost that it will use to invest in its technology and bolster business overall. While the company’s current value wasn’t disclosed, it had post-money valuation of $650 million in 2017, according to data from PitchBook, and has raised $345 million to date.

Online 134

Online Trends Capital Branding 134

PYMNTS

JANUARY 16, 2018

Whole Foods’ private-label brand is aiding sales at Amazon’s online grocery delivery service, AmazonFresh, which were up 35 percent to $135 million in the last four months of 2017, the Wall Street Journal reported. Still, the Whole Foods products on the Amazon site helps the eCommerce retailer compete with online grocers. “It…may

Retail 118

Retail Branding Online Analytics 118

PYMNTS

MAY 7, 2019

Walmart is the latest example of the power of pets in retail — a power that is having significant influence among various merchants competing for the loyalty and dollars of pet owners. As well, if done well, pet retail can serve to increase foot traffic into bricks-and-mortar stores at a time when it is dearly needed.

Retail 116

Retail Fort Worth Online Dallas 116

PYMNTS

MAY 26, 2017

Interestingly, Ulta has seen significant growth in both its online and in-store sales. As such, the retailer is looking to open up 100 new locations in 2017. She said “The Ulta Beauty team kicked off 2017 with excellent performance in the first quarter. While its e-commerce sales soared up 70.0 percent up to $128.2

Strategy 100

Strategy Retail Innovation Online 100

PYMNTS

AUGUST 17, 2017

It can be argued that some of the toughest buyers to keep in mind when planning out retail strategies are teenagers. While one day a teen may be into shopping strictly online, another day may see an offline preferred experience or a mixture of both, and retailers must be at the ready to transform engagement efforts at any given time.

Retail 127

Retail social media Online Mobile 127