PYMNTS

FEBRUARY 3, 2020

Consumers are firing brick-and-mortar retailers from the jobs they held years and decades before. To get their shopping jobs done, consumers are now hiring retailers that make it convenient to do business – anywhere, anytime, through any channel and on their terms. When Buy Online, Pick Up In-Store Goes Horribly Wrong.

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Retail Online Study Meeting 172

PYMNTS

JANUARY 17, 2020

London-based online retailer ASOS offers a new feature, “See My Fit,” that allows shoppers to see how over 800 items would look on up to 16 specific body types, the Mirror reported. ASOS had launched an earlier sizing service in 2018, when the site enabled customers to view the same item of clothing on four different models.

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Online Tools Retail Branding 132

PYMNTS

AUGUST 28, 2020

New Report: Helping Retail Treasurers Navigate The Digital D2C Shift (“How To” Playbook). Not only have retail sales shifted online, but more consumers are buying more of what they want directly from the brand. Report: Helping Retailers Solve The Payments Piece Of The eCommerce Puzzle (Anatomy Of A Consumer Payment Playbook).

Retail 208

Retail Los Angeles San Francisco Online 208

PYMNTS

AUGUST 28, 2019

Retailers seeking to provide rapid deliveries face an ever-moving target as consumers’ definition of speed evolves. A significant share of Generation Z consumers — those aged 18 to 25 — are turning to buy online, pick up in store ( BOPIS ) purchasing models to meet their speed needs. Quick Access and Impulses.

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Retail Online Study Alaska 108

PYMNTS

JANUARY 24, 2019

Before consumers started to trade brick-and-mortar shopping experiences for eCommerce websites, retailers could bring customers through their doors with window displays. According to the PYMNTS Virtual Reality In Retail Report , there are expected to be 100 million AR/VR headset users by 2022.

Retail 204

Retail Training New York City Technology 204

Bank Innovation

NOVEMBER 15, 2017

In addition to fireside chats, startup demos, and general sessions, Bank Innovation’s 2018 conference has added a pre-conference workshop on how to build an innovation team, added even more time […].

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Conference Innovation Fintech How To 225

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.

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PYMNTS

MAY 6, 2020

In the year ago first quarter, the growth rate had been about 27 percent as measured against 2018’s first-quarter volumes. CEO Jack Dorsey noted on the earnings call that new and existing sellers continued to transition from in-store commerce to online channels, aided by curbside pickup and delivery.

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Online Bitcoin Capital Payments 175

PYMNTS

MARCH 21, 2019

It might not have been inevitable, perhaps, but it was certainly expected: a regulatory backlash concerning the booming trade (both online and in brick-and-mortar stores) of eCigarettes , with their different flavors attractive to younger consumers — including underaged ones. Regulatory Trend. While the FDA decision shows that the U.S.,

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Online Retail Regulation Trends 152

PYMNTS

DECEMBER 31, 2018

According to the report, cybercrime touched nearly every sector throughout 2018, including those that may seem less obvious, like education or manufacturing — and for one obvious reason: the money. Facebook’s 2018 regarding the stewardship of user data and privacy was one it would like to soon forget. Department Store Hacks.

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Data Security Tools Cards 230

PYMNTS

OCTOBER 7, 2019

Walmart-owned men’s retailer Bonobos laid off staff on Monday (Oct. 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

DECEMBER 27, 2018

From kiosks to online ordering and drive-through lanes, these merchants sought to provide their customers with digital alternatives to ordering at the counter in 2018. These are just some examples of how restaurant technology innovations powered convenient restaurant experiences this year: Online Ordering Expansions.

Innovation 157

Innovation Branding Online Technology 157

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.

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Retail Fort Worth Online Dallas 116

PYMNTS

JANUARY 10, 2019

Stocks are up modestly to start the year, but based on Thursday’s trading action, the retail sector is escaping investors’ favor (to put it mildly), as company after company is bringing dismal news to light. The culprit lies in a warning that holiday sales were weak and that 2018 results would be below expectations.

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Retail Course Online Trends 139

PYMNTS

JULY 30, 2019

Brick-and-mortar retailers have one key advantage in the competition against eCommerce: Only they can immediately provide physical products. Getting inventory levels right is challenging, particularly for grocery stores that must also manage sell-by dates. Other retailers have embraced robots to monitor product shortages.

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Management Retail System Branding 130

PYMNTS

AUGUST 28, 2018

Conventional wisdom insists that malls and other brick-and-mortar merchants are a doomed species of retail, given the increasing dominance of Amazon and the growing tendencies of consumers to shop via mobile devices and other computers. The second quarter of 2018 was kind to such retailers as Target , Macy’s , Walmart and Nordstrom.

Retail 100

Retail Maine Apple Online 100

PYMNTS

OCTOBER 8, 2019

Basketball is one of the most popular sports – if not the most popular sport – in China, but there’s a little less NBA available today for online shoppers in that country, according to reports. The move comes after the general manager of that U.S.-based The exports of products sold online from the city were expected to reach $4.3

Retail 116

Retail Houston Online Leadership 116

CB Insights

FEBRUARY 13, 2020

As businesses and consumers become more comfortable using credit cards online, the proportion of US commerce that takes place online has steadily increased over the last 20 years. Specifically, the Collisons aimed to more seamlessly connect online businesses and payment processors, allowing more businesses to accept online payments.

Online 98

Online Company Retail Payments 98

PYMNTS

JANUARY 10, 2018

And so, as 2018 begins, so does the Start Path class of 2018, which is accepting applications until Jan. The process for startups is as straightforward as completing a very simple form online and, if the company wishes, submitting a reference. “We The Start Path Admissions Process.

Company 194

Company Meeting Millennials blockchain 194

CB Insights

JANUARY 25, 2021

Europe-based wealth tech companies are leveraging online platforms, software, and other tools to provide alternative ways for retail investors and advisors to invest or manage money. Although 2020 wealth tech funding in Europe dipped from the highs set in 2019, it outpaced 2018 levels by 20%. Want the full expert post?

Management 77

Management Company Software Tools 77

PYMNTS

OCTOBER 28, 2019

The 2018 South Dakota v. Wayfair case that allowed states and individual cities to launch tax policies aimed at remote sellers and marketplaces is still reverberating in 2019 and will likely affect online retail in 2020. In Q3 2019, 14 states started collected online sales tax and 11 more followed in October.

Taxes 102

Taxes Online San Jose South Carolina 102

PYMNTS

JANUARY 17, 2020

Artificial intelligence (AI) is moving from cool concept toward everyday consumer reality, and signs of that innovation are increasingly appearing in the retail space. Take the issue of retail security as one example. Retail Trust and AI.

Retail 149

Retail Security Fraud Illinois 149

PYMNTS

JANUARY 24, 2019

That comes from Michael Berner, the consumer business manager of the Russian operations, who is also a Citi Russia board member. The shift to online banking, in this respect, represents a data point in a trend, as banks have been reporting a net decrease in their branch counts in tandem with growth in mobile activity.

Online 108

Online Regional Mobile Retail 108

PYMNTS

AUGUST 2, 2018

Retail is undergoing a reinvention with the rise of eCommerce, and merchants are trying new approaches to their brick-and-mortar stores. Overall, retailers such as Nordstrom are changing their models as an increasing amount of retail spend is now being completed away from physical retail stores. Retail spending saw a 1.6

Retail 102

Retail Marketing Los Angeles Online 102

PYMNTS

JUNE 2, 2018

The phrase is also a familiar refrain in retail — sung by retailers when disappointing results come at the same time as a streak of unusual and unseasonable (aka lousy) weather. In Q1 of 2018, the cooler than usual spring/summer contributed to retailers posting less than stellar sales. According to the experts … sort of.

Retail 101

Retail Washington Regional Report 101

PYMNTS

MAY 29, 2020

Both Walmart and Amazon made some big add-ons and/or acquisitions this week as they attempt to widen their sphere of retail influence in a post-pandemic world. billion as of 2018, but a sale now would likely reflect a reduced valuation due to the rough first half of 2020. “We Zoox was valued at $3.2 We believe $1.1

Retail 131

Retail Capital Online Video 131

PYMNTS

SEPTEMBER 9, 2020

Caught somewhere in the middle is a category that has had a tough run this lost summer of 2020: bridal retailers. A minimony , as the name suggests, is hardly as lucrative as its bigger cousin, matrimony – and that difference has taken a bite out of bridal retail. Smaller retailers are focused on safety as well as agility.

Retail 134

Retail Los Angeles Guidelines Video 134

PYMNTS

JANUARY 3, 2020

The ground zero, of course, was Wayfair , the 2018 case in which the Supreme Court ruled online retailers could be mandated to collect sales tax — and taxes could be levied by states on firms that do not have physical presence in those states. She noted the hurdles of complexity are not just contained within the United States.

Online 132

Online Taxes Compliance Missouri 132

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

NOVEMBER 4, 2020

Greg Portell, lead partner in the global consumer practice of Kearney, a strategy and management consulting firm, told CNBC that the extended wait for final election results “will absolutely pause consumer spending.”. Consumers have been on a great run of spending coming out of the lockdowns,” Portell told the business news cable network.

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Arizona Pennsylvania Georgia Survey 218

FICO

FEBRUARY 12, 2018

For all the talk in the UK about disruptors and fintechs and new entrants to the credit market, and about how banks and card issuers need to manage customers in arrears, there’s one group that seems strangely absent from this focus: retailers. It is estimated over £200 billion of UK household debt is in unsecured retail credit.

Retail 63

Retail Management Analytics Compliance 63

PYMNTS

MARCH 8, 2019

Retailers are bringing omnichannel experiences to consumers by bridging the worlds of online and brick-and-mortar commerce through offerings such as buy-online-pickup-in-store (BOPIS). Following that trend, Fast fashion apparel retailer rue21 recently announced it plans to bring the offering to more than 700 stores.

Retail 116

Retail Dallas United States Online 116

PYMNTS

FEBRUARY 18, 2019

To serve travelers from China who want to shop in-store and online, retailers thousands of miles away from Asia are accepting Alipay in brick-and-mortar stores and on the web. Alipay North America General Manager Yulei Wang said in the announcement, “This is a key strategic partnership for achieving awareness in the U.S.,

Online 140

Online Las Vegas America San Francisco 140

Insights on Business

MARCH 19, 2018

To a maximum capacity audience and kicking off an exciting week of IBM Think 2018 in Las Vegas, IBM VP Saket Sinha led the “Intelligent Automation in Financial Services” breakout session. In the diagram above, Mr. Sinha shows the need for Intelligent Automation solutions in his example of a retail bank.

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Las Vegas System Operations Industry 138

PYMNTS

JANUARY 29, 2019

For payments and commerce , there’s another uncertainty that hangs in the air: Will legal online sports betting keep going forward, despite a recent decision by the U.S. Those were the main topics in a new PYMNTS interview, featuring Karen Webster and Zac Cohen, general manager at Trulioo , a global identity verification service.

Online 169

Online Las Vegas New Jersey Fraud 169

PYMNTS

AUGUST 13, 2020

The world’s largest retailer has managed this feat even as the volume of packages ordered and shipped through Amazon has exploded amid the pandemic, with volume up 46 percent in July compared to the same period last year. Overall, Amazon’s Delivery Service Partners initiative has grown explosively since its launch in 2018.

United States 287

United States Retail Online Management 287

PYMNTS

APRIL 25, 2019

PillPack, the online pharmacy acquired by Amazon in 2018 for $1 billion, is almost ready to make its debut on the marketplace, according to reports. The eCommerce giant recently added a page for the pharmacy, with sign-up instructions and a video about how it works. The pharmacy will sort and ship medications all across the country.

Online 134

Online Video System Policies 134