PYMNTS

MARCH 25, 2019

To help meet customer expectations in the digital age, retailers have to know who their shoppers are and what they want. While eTailers already have this information about consumers, brick-and-mortar retailers don’t have this in-depth knowledge. They can also help capture the ages, genders and emotions (in some cases) of shoppers.

Retail 198

Retail San Francisco Houston Branding 198

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. percent, reaching $124.1

Retail 179

Retail United States Millennials Study 179

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

OCTOBER 23, 2018

To help shoppers check out without waiting in line, grocery retailers are rolling out entire stores centered around cashierless shopping experiences, enabling consumers to purchase fresh food and grocery items with a mobile payments app. The projected value of the global self-service market by 2023 is $13 billion.

Retail 161

Retail Seattle San Francisco Metro 161

PYMNTS

JANUARY 2, 2020

It’s going to be a very vocal year when it comes to retail. About 31 percent of consumers now own voice-activated devices, up from 27 percent in 2018 and 14 percent in 2017. About 31 percent of consumers now own voice-activated devices, up from 27 percent in 2018 and 14 percent in 2017. For instance, SoundHound Inc. ,

Retail 154

Retail Branding Comparison Data 154

Chris Skinner

MARCH 11, 2017

Seven years ago, the first new retail bank in almost a century got its licence to open: Metro Bank. Their Committee on Payments and Market Infrastructures released Distributed … bitcoin or ether: which currency will win? Grade I means … 57 banks and nothing wrong? surveyed 2,000 consumers in the UK about their banking preferences.

Metro 186

Metro Bitcoin New York cryptocurrency 186

Bank Innovation

NOVEMBER 28, 2016

Adam Carson, managing director, global technology strategy & partnerships at JPMorgan Chase & Co., will participate in a fireside chat at Bank Innovation 2017. Bank Innovation 2017, March 6-7 in San Jose, Calif., will feature dozens of speakers on investing in innovation, chatbots, blockchain and more.

San Jose 150

San Jose Innovation blockchain Strategy 150

PYMNTS

JANUARY 5, 2017

The global mobile wallet market is projected to grow at a CAGR of 35.5 percent from 2017 to 2021, according to research firm Research and Markets. Research and Markets’ assessment of the mobile wallet market meshes with what Technavio , the research firm, found about the mobile wallet market.

Mobile 155

Mobile Marketing Retail Strategy 155

PYMNTS

JUNE 15, 2018

After serving as the VP of technology at The Home Depot , Naveen Krishna is heading to Macy’s to become the retailer’s chief technology officer. Naveen’s track record in omnichannel retail makes him the perfect fit to lead the Macy’s technology organization at this critical time.”. The retailer’s website has 55.9

Technology 100

Technology Georgia Retail Leadership 100

PYMNTS

JUNE 26, 2019

Unattended retail is having a moment – a bad moment, as it turns out, in China, according to reports. The challenges there come as kiosks and other forms of unattended retail continue to develop globally. billion yuan ($620 million) in 2017 alone.”. For one, selling fresh groceries via unattended retail is not an easy business.

Retail 108

Retail Comparison Report Operations 108

PYMNTS

NOVEMBER 4, 2019

According to a new LexisNexis study , overall retail fraud attempts doubled year-over-year and tripled since 2017. The rise of mobile commerce and selling of digital goods has added to retailers’ fraud problems. In fact, North America’s top 1000 online retailers have sold $143 billion worth of goods to customers outside the U.S.,

Fraud 124

Fraud Retail Online Study 124

PYMNTS

MARCH 7, 2017

The online world has had a major impact on the retail industry over the past decade. Retailers have been in a frenzy over the last few years to find ways to both embrace the eCommerce arena while at the same time attract customers into their brick-and-mortar locations.

Study 109

Study Retail Industry Technology 109

PYMNTS

NOVEMBER 6, 2019

Ikea and Hennes & Mauritz ( H&M ) are putting money into technology startups as a way to help them sidestep retail disruption, the Financial Times (FT) reported Wednesday (Nov. Ikea bought TaskRabbit in September 2017.

Retail 103

Retail United States Capital US 103

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. Shoppers in China also like to use apps, and Alibaba and JD.com are on the cutting edge with their technology. Back in the U.S.,

Retail 122

Retail New York City Branding New York 122

PYMNTS

AUGUST 22, 2017

USA Technologies (USAT), which provides payment technology for cashless and mobile transactions in the self-serve retail market, has reported quarterly revenue of $34.3 million for the fiscal year ending on June 30, 2017. million during the firm’s fourth quarter and $104.1 Herbert said in a news release.

Technology 108

Technology Retail Leadership Payments 108

PYMNTS

JANUARY 10, 2018

Juniper also assigned a 2022 deadline for 4 billion mobile-enabled loyalty cards being activated by 2022 — nearly doubling the 2017 rate. As Apple has moved to embed the technology, enthusiasm is seeing a big uptick, even in previously resistant markets. New data released by the firm indicated that 1.3 billion by 2022.

Retail 122

Retail Apple Mobile Tools 122

PYMNTS

AUGUST 15, 2017

It’s no secret that Amazon is giving most retailers a run for their money. Over the past few years, the eCommerce giant has grown by leaps and bounds, innovating along the way and pushing the rest of the retail industry to new heights. As a result, Seeking Alpha is attributing the recent increase in retail sales to Amazon.

Retail 108

Retail Innovation Industry Capital 108

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

FEBRUARY 21, 2019

A battle between two big pet stores pits an omnichannel focus against a push to make physical stores more robust — and all of it is happening in the shadow of Amazon, and as subscription eCommerce comes into play in this retail sector. Back in 2017, PetSmart boosted its digital offerings through the $3.35

Retail 117

Retail Trends Training Online 117

PYMNTS

DECEMBER 30, 2016

This year has been big for retail — big on change, innovation and some surprises along the way. Consumers flocked to online and mobile commerce , robots rose in food and consumer goods , and brick-and-mortar stayed relevant with retail experimentation — pop – ups , flash sales , store-in-store and showrooms.

Retail 123

Retail Online Customer Experience Trends 123

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

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. The move comes after the company acquired LoanHero in Dec.

Retail 100

Retail San Diego Georgia Risk Management 100

Gonzobanker

DECEMBER 19, 2017

Seriously, sit back with a pocket flask of Pappy Van Winkle, smoke a cigar (or your combustible of choice if you live in Colorado, California, Washington, Oregon, Nevada, Main or Massachusetts) and enjoy the 2017 GonzoBanker Awards. One word can summarize this action-packed banking year, GonzoBankers – tiring. Payments chaos.

Conference 101

Conference Industry Community Bank Community 101

PYMNTS

AUGUST 16, 2017

More human and less robotic is the sound of the beating retail drum this year. To provide more human-like responses, cognitive computing is key, and the retail industry is taking note. Retail executives are increasingly more confident in the use of artificial intelligence and natural language processing.

Retail 110

Retail Industry System Technology 110

PYMNTS

MARCH 15, 2017

As of 2017 , there are 28 total states that have voted to legalize marijuana in some form for medical purposes. On the latter point, customer loyalty software startup Baker Technologies looks to enable the growing legal cannabis industry in the U.S. billion in state tax revenue from retail sales by 2020. and Canada.

District of Columbia 101

District of Columbia Technology Guidelines Software 101

PYMNTS

OCTOBER 21, 2019

According to the report, Sony believes its technology from many years in the entertainment and consumer electronics industry will provide it with an edge in taking on broader social challenges. . Yoshida said last month, according to reports, “Our technology is what connects and gives power to Sony’s diverse businesses.”

Technology 102

Technology Operations Industry Report 102

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. With each passing decade, the buying patterns of teens undoubtedly and unequivocally see a shift alongside the advances in technology.

Retail 127

Retail social media Online Mobile 127

PYMNTS

APRIL 12, 2018

In 2017, for example, FactSet found that five U.S. The eCommerce retailer invested $22.6 billion in R&D in 2017, which was 41 percent more than it did in 2016. Here’s how these companies are investing in R&D — and ushering in the next generation of retail technology. billion in R&D in 2017.

Company 118

Company Retail Apple Software 118

PYMNTS

AUGUST 18, 2017

This week in retail, there has been news coming in from opposite sides of the spectrum. To help with this, Target has acquired transportation and logistics technology company Grand Junction and ALDI has partnered up with Instacart in key larger markets. Amazon’s retail category). Here are the numbers: $86.4

Retail 124

Retail Bitcoin Security cryptocurrency 124

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 26, 2018

Amazon announced its plan to build a totally unattended retail store in early 2017, but there was something of a gap between the announcement of the company’s plan for a sensor-based, cashier-less shopping experience here in the United States and its actual rollout in late January of this year.

Retail 103

Retail United States System Mobile 103

Bank Innovation

FEBRUARY 8, 2017

Fiserv CEO Jeff Yabuki has joined the speaker faculty of Bank Innovation 2017, taking place March 6-7 in San Jose. Yabuki joined Fiserv in 2005. Under his leadership, the company has grown revenue to exceed $5 billion annually, and serves more than 13,000 institutional clients. Fiserv also supports this site’s Read More.

San Jose 150

San Jose Innovation Leadership Company 150

PYMNTS

OCTOBER 3, 2019

The sale of shoes online has come a long way since the dawn of eCommerce – and footwear continues to help drive innovation in the retail space. The importance of this area of retail was recently underscored by a move involving a Google veteran. Look for more innovation and disruption in this area of retail in the months to come.

Innovation 116

Innovation Retail Google Online 116

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. With each passing decade, the buying patterns of teens undoubtedly and unequivocally see a shift alongside the advances in technology.

Retail 114

Retail social media Online Mobile 114

PYMNTS

DECEMBER 15, 2017

Retail isn’t all about taking people’s money. So, one might think it would be a no-brainer for luxury brands, which have such a legacy presence in the market, to be all over the latest storytelling modes, with exciting new ways to draw consumers into their rich and storied history. They saw technology as antithetical to that.

Retail 129

Retail Branding Mobile Tools 129

PYMNTS

AUGUST 28, 2018

Berlin-based fashion retailer Lesara prides itself on thinking differently about apparel and being on trend. It calls its approach “agile retail” and it believes something different about who should set the course when it comes to deciding what is “in.” Agile retail is a model that will free us from time-consuming fashion shows.

Retail 100

Retail Trends Big Data social media 100

PYMNTS

APRIL 19, 2018

Wendy’s , for example, planned to roll out self-ordering kiosks at about 1,000 of its retail locations by the end of 2017 in an attempt to both lure younger customers and to battle long lines at peak dining hours. billion is the projected size of the interactive kiosk market by 2023. That’s up from just 2 percent in 2017.

Retail 102

Retail eBook Customer Experience Ohio 102