PYMNTS

OCTOBER 6, 2019

Go Global Retail announced its plans to acquire the assets of ModCloth from Walmart. ModCloth offers exclusive indie and vintage-inspired women’s clothing, shoes, handbags and accessories for 18- to 35-year-old women, while Go Global Retail is a brand investment platform for strategic investors in the consumer sector.

Retail 129

Retail Branding Strategy Digital Strategies 129

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. 25 percent is the projected percentage of customer service operations that will use chatbots by 2020.

Retail 102

Retail eBook Customer Experience Ohio 102

PYMNTS

AUGUST 22, 2018

We operate the only truly global luxury digital marketplace at scale, seamlessly connecting brands, retailers and consumers. Within that latter number, stated Farfetch, at the end of the most recent quarter, “we partnered with 614 of the world’s leading luxury retailers and 375 brands.”. That was $74 million in 2017.

Online 101

Online Retail Branding Data 101

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. These are particularly popular among Gen Zers, the up-and-coming generation that is starting to nudge millennials out of the headlines. percent, it wasn’t as much as the retailer wanted to see.

Retail 166

Retail America Video Millennials 166

PYMNTS

FEBRUARY 9, 2018

As a result, malls and retailers have to rethink how malls are set up and designed. square feet of retail space for every person. With room for new establishments, malls operators are redesigning their spaces to make room for consumer experience spaces like restaurants and gyms. But it’s not just big retailers leaving U.S.

Millennials 116

Millennials Retail Study Operations 116

PYMNTS

NOVEMBER 3, 2020

Schools and universities will be allowed to continue to operate, but all bars and restaurants must close except for takeout and delivery. Helen Dickinson, chief executive of the British Retail Consortium, expressed concern that the latest round of U.K. in 10 in 2017. According to the study, bridge millennials engage in 14.1

Millennials 146

Millennials Data Study Survey 146

PYMNTS

OCTOBER 1, 2019

1, 2020 — at one point, the deadline was in 2017. However, that’s only part of what’s really going on when it comes to this particular card payments mark for convenience stores and gas pumps, according to a new PYMNTS interview with Chris Triconi, director of petro, convenience stores, and fuel retail at payment technology firm LISNR.

Innovation 167

Innovation Customer Experience Retail Operations 167

PYMNTS

DECEMBER 11, 2018

Give a deep and welcoming hello to the newest form of window shopping — a consumer behavior that will help to shape retail in 2019 and beyond, and a trend that stands as an increasing part of shopping, one that promises to impact brick-and-mortar merchants as they decide how to innovate. That’s not to say physical retail is dying.

blockchain 170

blockchain Retail Trends Mobile 170

PYMNTS

AUGUST 31, 2018

That arguably describes the recent acquisition of Seattle-based Blueprint Registry , an online universal gift registry, by David’s Bridal , the privately held wedding retail chain that traces its roots back to the first years after World War II. The retailer has a $520 million term loan due in Oct. When in doubt, bet on digital.

Online 100

Online Retail Seattle Industry 100

PYMNTS

OCTOBER 21, 2019

Retail chain Destination Maternity reportedly filed for bankruptcy on Monday (Oct. 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 Another one seems ready to bite the dust.

Trends 101

Trends Retail social media Online 101

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

FEBRUARY 1, 2018

To reach more consumers and foster more eco-friendly operations, IKEA is testing out renting its furniture offerings in Japan, Curbed reported Wednesday (Jan. The move comes as consumers — particularly millennials — are opting for furniture subscriptions through startups like Feather.

San Francisco 128

San Francisco New York City Millennials New York 128

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. That is helpful especially for “millennial and Generation Xers,” he said.

Industry 134

Industry Millennials National Online 134

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.

Retail 101

Retail Training Atlanta Marketing 101

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 Over the past few years, Amazon has invested billions of dollars in establishing a presence in India’s fast-growing online retail market. in 2017, said GeekWire.

Millennials 100

Millennials New York City Retail Online 100

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

JANUARY 17, 2019

In 2017 Natura Cosmeticos SA ’s bought the Body Shop from L’Oreal for about 1 billion euros ($1.13 L’Occitane originated in the French region of Provence — though today it is headquartered in Luxembourg and Switzerland — and currently operates locations in 90 countries with 3,285 retail outlets. billion euros ($2.5

Branding 123

Branding Regional Retail New York 123

PYMNTS

JULY 30, 2018

With millennials working multiple gigs, very few have enough time left to make a proper meal — if they aren’t eating out at a local restaurant. Blue Apron’s 2017 IPO largely flopped on Wall Street, and the company made a number of high profile changes like expanding into Costco. million customers and 39.5 million meals delivered.

Industry 100

Industry Los Angeles Atlanta New York City 100

PYMNTS

APRIL 19, 2018

At 159 years old, it officially counts as a retail institution — one that hasn’t spent much of the last few years looking too healthy. In retail as in sailing, the bigger the boat, the harder it is to change direction. A lot has been written in recent years about everything that has gone wrong at Macy’s. A turnaround is no easy feat.

Millennials 101

Millennials Branding Retail Online 101

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. Business owners in other retail categories can learn from this.

Millennials 109

Millennials Retail Google Apple 109

CB Insights

OCTOBER 10, 2018

Startups targeting retail and commercial banking have been emerging globally, spurred by favorable tech regulations, an uptick in mobile adoption, and shifting customer demographics. One of the biggest challenges these companies face is that many operate without a bank charter or license. why profitability won’t come easy.

Retail 78

Retail Cards Millennials Mobile 78

PYMNTS

MAY 28, 2019

million buyers who operate in industries such as website development, logo design and blog writing. billion in 2017. That marked an increase from 2017’s $1.4 Smartphones contributed one trillion dollars to overall retail sales in the United States during 2018. Just under $3 billion – or $2.7

Apple 159

Apple Mobile Fraud Branding 159

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.

Company 194

Company Meeting Millennials blockchain 194

PYMNTS

APRIL 11, 2019

For those plans to succeed, however, a robust system of digital ID is necessary, lest regulators and parents decide such a retail activity is unsafe for children, and take steps to pull it back. billion in 2017, with grocery stores poised to become the main driver of those transactions. reached $1.7

Online 169

Online Retail Regulation Maine 169

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

MAY 9, 2017

Likewise, earnings per share (EPS) and net income hit well above expectations, with the online retail giant raking in $1.48 The online retail giant is already a major contender in online apparel sales among millennials. For the quarter, Amazon reported revenue of $35.7 EPS and netting $724 million, up 41 percent year on year.

Online 100

Online Retail National Marketing 100

PYMNTS

JULY 23, 2018

And IKEA is making other moves in international markets: To reach more consumers and foster more eco-friendly operations, for example, the brand is testing out renting its furniture offerings in Japan, Curbed reported in January. “India is an opportunity to make the next 75 years of IKEA.”.

San Francisco 100

San Francisco New York City Millennials New York 100

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

MAY 14, 2018

Consumers – particularly millennials – are driving less and buying fewer cars; the age of the internal combustion engine is coming to an end in favor of electric vehicles; and, of course, vehicles as we know them are soon to be replaced by self-driving software platforms that we will call “cars” mostly out of nostalgia.

Millennials 101

Millennials Operations Mobile Cards 101

PYMNTS

JUNE 22, 2018

Charles Jarrett, vice president and CIO of Cumberland Farms (a convenience store chain with some 600 locations in eight states), recently discussed the future of that type of retail with Karen Webster, and gave an update on how the company’s redesigned SmartPay mobile app is helping lead that transformation for the regional chain.

Payments 102

Payments Retail Millennials Branding 102

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. percent of all retail sales. consumers — 47.2 Share of U.S.

Apple 227

Apple Study Innovation Survey 227

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. As PYMNTS readers know, that 2017 IPO was anything but glorious. Indeed, Blue Apron was the worst-performing tech IPO in 2017, according to Crunchbase’s ranking. Back to 2012.

Industry 110

Industry social media New York City Retail 110

PYMNTS

AUGUST 16, 2018

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. bills paid online.

Industry 105

Industry Payments Online Boston 105

PYMNTS

FEBRUARY 21, 2018

Despite the concern – and a corresponding 9 percent drop in Walmart’s stock price that shaved some $29 billion from its market cap – CEO Doug McMillon told analysts he remains confident that 2018 digital sales performance will be in parity to its 2017 performance. We had a few operational issues from an inventory replenishment perspective.”.

Online 100

Online Taxes Branding Retail 100

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. As PYMNTS readers know, that 2017 IPO was anything but glorious. Indeed, Blue Apron was the worst-performing tech IPO in 2017, according to Crunchbase’s ranking. Back to 2012.

Industry 100

Industry social media New York City Retail 100

PYMNTS

FEBRUARY 18, 2019

That’s the only way the business can ultimately continue to create value for its customers, create jobs for people, serve the ecosystem in which it operates and provide tax revenues. So, Amazon hasn’t just benefited its customers: It has forced retailers to lower prices and increase their levels of service.

Cards 169

Cards Course Study New York 169

PYMNTS

MARCH 30, 2016

1, 2017, then to $11 an hour one year later and will see annual increases of $1 until reaching $15 an hour on Jan. As hourly employees are, in many ways, the backbone of the retail business in its various forms, the industry now stands sharply divided over the ripple effects that California’s landmark legislation could cast across it.

California 100

California Los Angeles South Dakota Retail 100