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 8, 2019

The latest estimates from the Small Business Administration (SBA) peg the number of new SMBs at 414,000 each year, spurring job creation and economic growth for the country, with millennial entrepreneurs at the helm. The high failure rate of a new small business has entrepreneurs focused on simply surviving their first few years in operation.

Strategy 279

Strategy Millennials Data Online 279

PYMNTS

OCTOBER 6, 2019

After the acquisition, ModCloth will continue to operate out of its current operational set up, with Go Global Retail investing in its digital capabilities including artificial intelligence and predictive analytics. Walmart acquired the assets and operations of ModCloth in March 2017 for an undisclosed amount.

Retail 129

Retail Branding Strategy Digital Strategies 129

PYMNTS

FEBRUARY 23, 2018

percent in 2017, Taco Bell has been drawing in customers with new food items, a Live Más marketing campaign and new nacho fries for $1. McDelivery on the Uber Eats app is available from more than 2,000 restaurants around the country, with 1,000 new stores added in 2017. But McDonald ’s Corp. McDonald’s $37.5 Starbucks’ $18.4

Online 101

Online US Payments Mobile 101

PYMNTS

NOVEMBER 5, 2018

New online holiday shopping projections from Adobe have found that eCommerce in the United States during that period will increase 14.8 percent from the same day in 2017. percent from the same day in 2017. Offline And Online Cozy Up. Among them is the appeal of offline-and-online shopping combinations. and 10 p.m.

Retail 179

Retail United States Millennials Study 179

PYMNTS

APRIL 25, 2019

In 2016, eGaming was a $493 million industry, and in 2017 (the last year for which data was available), that had jumped to $655 million. The term eSports can refer to a wide range of games in the competitive space, but in general the most popular ones are in the first-person shooter or multi-player online battle arena genres.

Retail 166

Retail America Video Millennials 166

PYMNTS

FEBRUARY 9, 2018

With room for new establishments, malls operators are redesigning their spaces to make room for consumer experience spaces like restaurants and gyms. In 2017, JCPenney announced plans to shutter 140 stores , while Macy’s and Sears have also announced plans to close stores inside mall complexes, too. The Millennials.

Millennials 116

Millennials Retail Study Operations 116

PYMNTS

AUGUST 16, 2018

bills paid online. trillion in 2017, and that could nearly double by 2021 — online billing platforms are rushing to incorporate payment processing capabilities into their offerings. Younger consumers are leading the way when it comes to online bill payments, with 61 percent of those payments coming from millennials.

Industry 105

Industry Payments Online Boston 105

PYMNTS

FEBRUARY 13, 2017

million last month to purchase the retail condo housing Murray’s flagship store, affiliated classrooms, as well as its catering and event operations. Murray’s former owner, Rob Kaufelt, will reportedly remain as a strategic adviser, and the team leading the New York City operation will largely remain unchanged. percent of U.S.

New York City 123

New York City Millennials New York Online 123

PYMNTS

DECEMBER 22, 2018

First, a little bit about the landscape for live Christmas trees — in 2017, U.S. The online retailer sold smaller versions of the trees last year, but online orders of Christmas trees made up only a small portion of overall sales of the trees. It’s always been easy to buy an artificial tree online,” Hundley said.

Industry 134

Industry Millennials National Online 134

PYMNTS

DECEMBER 11, 2018

And that’s unlikely to change in 2019 or beyond, given the growing purchasing power of bridge millennials. In fact, it is getting some new life from eCommerce operators. So-called online-only retailers — including Amazon — operate some 630 physical retail locations in the U.S., That trend is certainly nothing new.

blockchain 170

blockchain Retail Trends Mobile 170

PYMNTS

AUGUST 15, 2017

The growing popularity of mobile order-ahead is hardly news in the restaurant industry, where customers — especially millennials — crave the convenience, speed and personalization of a mobile ordering experience both in quick-service restaurants (QSRs), coffee shops and fast-casual dining environments.

Mobile 193

Mobile Millennials Survey Technology 193

PYMNTS

JUNE 18, 2019

Then it reportedly pivoted again into the organization and operation of streaming tournaments. eGaming was a $493 million industry in 2016, and that had increased to $655 million in 2017 (the last year for which data was available.) Through its last pivot, the company attempted streaming services for players of eSports.

social media 108

social media Millennials Video Report 108

PYMNTS

MARCH 14, 2017

Currently, Amazon hopes to take advantage of recently loosened restrictions on foreign retailers in India by expanding its online grocery venture into the nation of some 1.3 Additionally, the grocery move will allow Amazon to better compete with local rival Flipkart, which also has its sights set on the online groceries, said Reuters.

Millennials 100

Millennials New York City Retail Online 100

PYMNTS

OCTOBER 21, 2019

21), the latest commerce operator to be on the verge of extinction in this age of digital and mobile. though they also operate under such brands as Motherhood Maternity and Pea in the Pod stores. “As percent CAGR since 2017, according to one recent estimate. The company owns 458 stores in the U.S., Larger Trends.

Trends 101

Trends Retail social media Online 101

PYMNTS

MAY 28, 2019

With abundant choices in many aspects of their lives, consumers expect a range of options when it comes to online shopping, ranging from picking out clothes to making travel plans. million buyers who operate in industries such as website development, logo design and blog writing. billion in 2017. Just under $3 billion – or $2.7

Apple 159

Apple Mobile Fraud Branding 159

PYMNTS

DECEMBER 28, 2018

According to the PYMNTS/Unifund Financial Invisibles Report , 81 percent of participants said their financial situations have either remained stable or improved since last year, and the number of consumers seriously delinquent on debt dropped 11 percent between Q4 2017 and Q2 2018. Resetting Mortgage Services.

Millennials 145

Millennials Lending System Data 145

PYMNTS

MAY 9, 2017

Likewise, earnings per share (EPS) and net income hit well above expectations, with the online retail giant raking in $1.48 ………………………………… One area (of many) where Amazon looks to grow quickly is in the online sale of apparel. on the first of May. .

Online 100

Online Retail National Marketing 100

PYMNTS

APRIL 19, 2018

Why shop at a department store when there’s an online marketplace where the same goods can be found for less money? The company has shuttered hundreds of stores — with hundreds more to go in 2018 — and laid off a staggering number of workers as it has moved to streamline its operations. What Martha Brings to Macy’s (and Vice Versa) .

Millennials 101

Millennials Branding Retail Online 101

PYMNTS

FEBRUARY 11, 2020

For its three years in operation, Brandless generated no shortage of buzz with its concept of “private label for less” and the idea that the best brand is no brand at all. Facing a growing cash crunch — and trying to streamline its operation — Brandless laid off 13 percent of its staff last March.

Branding 150

Branding Operations Leadership Millennials 150

PYMNTS

JANUARY 10, 2018

When Mastercard launched the Start Path accelerator program in 2014, the goal – according to VP and senior business leader, Amy Neale – was to make it easier for emerging companies to enter “our world” through a combination of operational support, commercial access and some strategic funding. The Start Path Admissions Process.

Company 194

Company Meeting Millennials blockchain 194

PYMNTS

AUGUST 13, 2018

Consumers, particularly millennials, are increasingly paying their bills online. According to research from 2017, more than 50 percent of bills in the U.S. are paid online, with 61 percent of those payments coming from millennials. Bringing Rent Payments Online. Why, then, does the rent check endure?

Payments 100

Payments Online Millennials Boston 100

PYMNTS

FEBRUARY 16, 2018

While much of physical retail struggled in 2017 from rapidly realigning consumer shopping habits, the team at Home Depot had an incredibly solid year, with same-store sales growing each quarter and a stock price that surged 42 percent. Despite retail’s slump, the stock market did well in 2017. A Stumbling Start to 2018.

Retail 101

Retail Training Atlanta Marketing 101

PYMNTS

MAY 25, 2017

The firm in March won gold at Innovation Project 2017 for “Best Comeback Story.”. Broadly speaking, said the CEO, “there has been a tremendous amount of technology innovation in restaurants and certainly that has been the case with things like online ordering, online reservations.”.

System 112

System Technology Innovation Tools 112

PYMNTS

APRIL 13, 2018

Stresses in the retail sector have weighed on the operating earnings of department stores, discount stores and drug stores in particular,” Sharon Ou, a Moody’s senior credit officer, said in the report. But the nine new defaults on the list now go up on the scoreboard with the 13 retail bankruptcies logged in in 2017.

Retail 116

Retail Course Washington Marketing 116

PYMNTS

SEPTEMBER 18, 2017

Discogs operates as an online, crowdsourced avenue through which individuals can list their popular and rare audio recordings for sale. million records in the first half of 2017, generating an estimated $100 million in sales the previous year, according to Billboard. Each new listing adds to the overall database.

Millennials 109

Millennials Retail Google Apple 109

PYMNTS

JULY 30, 2019

Millennials and members of Generation Z are particularly comfortable with voice-activated devices , with 25 percent of consumers aged 16 to 24 using smartphone-based voice assistants such as Siri or Cortana. Starbucks introduced My Starbucks Barista in 2017, putting the coffee giant on the path to voice-activated ordering.

Technology 119

Technology Mobile Google Software 119

PYMNTS

DECEMBER 21, 2020

And you can see it in the hustle by retailers and brands large and small to pivot their businesses and business models — and the disclaimers on just about every retail site starting a week or more ago that orders placed online might not make it in time for Christmas. Take PayPal, for example. consumers showed that of the 7.75 Share of U.S.

Apple 227

Apple Study Innovation Survey 227

PYMNTS

JANUARY 14, 2019

To save physical retail, anyone who wants to operate a physical store must convince consumers that it’s worth their time to—how’s this for an insight?—go What’s really steered people wrong is focusing on the average percentage of all retail sales that are online, and ignoring what’s happening in key verticals. go there to shop.

Retail 198

Retail Online Mobile Data 198

PYMNTS

JULY 31, 2017

The 2017 report from FIS surveyed nearly 500 SMEs in the U.S. The statistic, the report said, also suggests that small businesses are in need of cutting-edge solutions and are eager to adopt innovative services as more small business owners emerge from the millennial generation. with revenues up to $500 million.

Survey 112

Survey Community Bank Community Regional 112

PYMNTS

JULY 31, 2019

Call Blue Apron what you will: a struggling retailer, a comeback kid, a prime example of hype in the online world, a respectable survivor. The opportunity has not gone unnoticed by grocery stores and online delivery services, either, of course. As PYMNTS readers know, that 2017 IPO was anything but glorious. Back to 2012.

Industry 110

Industry social media New York City Retail 110

PYMNTS

JULY 31, 2019

Call Blue Apron what you will: a struggling retailer, a comeback kid, a prime example of hype in the online world, a respectable survivor. The opportunity has not gone unnoticed by grocery stores and online delivery services, either, of course. As PYMNTS readers know, that 2017 IPO was anything but glorious. Back to 2012.

Industry 100

Industry social media New York City Retail 100

PYMNTS

FEBRUARY 18, 2019

For those charged with managing the consumer’s trust and safety when transacting online, and in the midst of increasingly clever cybercrooks, being comfortable going against the status quo flow has become much more important than ever before, he said. In the meantime, consumers everywhere are using cards more and more.

Cards 169

Cards Course Study New York 169

CB Insights

JANUARY 5, 2018

Jet.com founder Marc Lore ascended to CEO of Walmart’s US e-commerce operations, and since joining has taken the company on an e-commerce/apparel acquisition spree. It has also discussed vastly expanding its available SKUs online and improving delivery options. Walmart’s $3.3B Increase in-store efficiency.

Company 57

Company Branding Millennials Retail 57

PYMNTS

OCTOBER 3, 2017

who say there is the potential for compromised data when doing business online. As the conversation between Webster and Keller hearkened back to the challenger banks, Keller noted the relationships here between those banks and their consumers are typically strong ones, backed by trust and solid IT operations.

Data 116

Data Millennials Cards Compliance 116

CB Insights

FEBRUARY 1, 2019

Consider that: Half of Indonesia’s population is under the age of 30, with the number of millennials (aged 17-35) in Indonesia currently at 79.5M. orders, or a daily average of 700,000 orders, in Q3’18, and reached 12M orders on Indonesia’s National Online Shopping Day in December. in loans in 2018 vs. $182M in 2017.

Policies 61

Policies Lending Operations Examples 61

PYMNTS

JUNE 1, 2017

It is, of course, obvious that the internet has changed how the world gets its information and conducts its commerce, but the specters of fraud and data breaches are keeping the latter from reaching its true potential online. For businesses, 2014 was “the wakeup call” and a “banner year for internet crime.”

Payments 110

Payments System Software Mobile 110