PYMNTS

SEPTEMBER 13, 2019

Brick-and-mortar retailers are doubling down on digital as they look to staff their stores for the busy holiday shopping season. The retailer noted that all seasonal hires will have a minimum hourly starting wage of $13 an hour. Target is also offering an array of benefits to the seasonal workers, which all hourly team members receive.

Retail 244

Retail Trends Online Technology 244

PYMNTS

JULY 31, 2019

Smartphone shipments for Samsung increased in the second quarter of 2019, the company said in its latest earnings report , thanks to retail sales of its mid-level models. Samsung’s earnings provide a glimpse into the intersection of retail and mobile. Samsung plans to increase its market share in the technology to 20 percent by 2020.

Samsung 139

Samsung Retail Mobile User Experience 139

PYMNTS

JULY 28, 2017

From manufacturing to customer service, there have been several parts of today’s workforce that have been automated by some form of smart technology. Over the last few years, chatbots have taken the retail space by storm, helping to automate several key aspects of customer service. What’s the effect of chatbots on the retail industry?

Retail 179

Retail Case Study Customer Experience Technology 179

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. Reducing network demands, the technology works even if cloud connection is lost.

Retail 149

Retail Security Fraud Illinois 149

PYMNTS

MAY 13, 2019

As technology reshapes the way buyers access goods and services, consumer expectations are moving targets, and merchants that hope to survive can’t afford to fall behind. From Reis & Irvy’s to Vengo , merchants and technology companies are reinventing the world of vending technology through smart devices.

Retail 177

Retail Marketing eBook Atlanta 177

PYMNTS

MAY 2, 2018

Retailers and retail landlords are reporting strong first-quarter earnings results, beating analysts’ expectations in many cases. and abroad, companies such as McDonald’s are off to a positive start in 2018. While mall owners and operators face their share of challenges, Simon Property Group’s revenues clocked in at $1.4

Retail 101

Retail Technology South Carolina Honolulu 101

PYMNTS

AUGUST 28, 2020

Goldman Sachs is pondering a $2 billion venture and growth fund that could boost its stature in the world of technology investing and help it court bigger investors and investments. New Report: Helping Retail Treasurers Navigate The Digital D2C Shift (“How To” Playbook). Goldman Sachs Eyes Creating $2B Tech Fund. Trackers and Reports.

Retail 208

Retail Los Angeles San Francisco Online 208

PYMNTS

JUNE 28, 2019

Malls are not exactly the hotspots of coolness and retail activity they once were. But operators of some of those shopping destinations continue to wield investment power as malls undergo remakes for the 21 st century. percent from 9 percent in the fourth quarter of 2018, Simon has been adding new types of tenants to its malls.

Operations 100

Operations US Los Angeles Retail 100

PYMNTS

AUGUST 6, 2019

What to do with retail malls? That is among the latest trends as retail reinvents itself, and technology and other trends force new uses for old commerce spaces. Mall of America is teaming up with University of Minnesota physicians and a Minnesota-based health care system to operate the clinic.”. Mall Leases.

Retail 108

Retail Innovation Minnesota Los Angeles 108

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

PYMNTS

NOVEMBER 9, 2018

The ascent of eCommerce and the digital tools that support it have made it easier — in both theory and practice — for retailers to not only see how consumers browse and what they buy (to analyze the entire path to purchase), but to get to know them in the same ways as those old-time general store operators who served small towns.

Innovation 174

Innovation Retail Maine Security 174

PYMNTS

FEBRUARY 11, 2019

Amid great technological change, health and beauty retailers are developing strategies to drive innovation. In some cases, retailers are using social media tools such as Instagram to post promotions and product tutorials — or interact openly with consumers about their offerings. Just under half — or 45.9

Innovation 166

Innovation Retail social media Apple 166

PYMNTS

NOVEMBER 19, 2018

During the holiday shopping season, countless consumers will use digital payments and commerce technology to buy gifts from distant companies — some overseas, some just in neighboring time zones — and have them shipped seamlessly to their destinations. The new Retail Innovation Readiness Index from PYMNTS, powered by AEVI, found that 65.4

Retail 177

Retail Innovation Comparison Training 177

PYMNTS

AUGUST 21, 2019

According to a recent report from CNBC , the eCommerce and cloud-computing operator has said that “its facial recognition software can detect a person’s fear.” The technology in question “can be used for facial analysis or sentiment analysis, which identifies different expressions and predicts emotions from images of people’s faces.

Retail 185

Retail Payments Analysis Software 185

PYMNTS

OCTOBER 18, 2017

The data-driven “Restock Kroger” initiative will largely take the place of new growth in the coming year, according to Supermarket News , with improvements to customer service and assortment winning out over expansion in 2018. However, the category resets have so far touched only 6 percent of the grocer’s 2,778 retail stores.

Data 109

Data Strategy Branding Retail 109

PYMNTS

MARCH 11, 2020

The advance of Amazon’s cashierless technology is not a new story to the retail beat as of 2020. We’re not trying to replace them,” Cameron Janes, vice president of Amazon’s physical retail division, told CNBC. “I What does Amazon’s technology cost? Have other retailers signed on with the service?

Retail 130

Retail San Francisco Technology Data 130

Insights on Business

MARCH 19, 2018

“Intelligent automation allows business and technology to function together for a common goal instead of against working against one another.”. 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.

Las Vegas 138

Las Vegas System Operations Industry 138

PYMNTS

JANUARY 16, 2020

Close the door and buckle up – retail automotive sales are getting an upgrade. The online marketplace company aims to eventually use AI technology on descriptions, so that a user could give basic details and the AI would flesh out the rest. Retail spending growth began to slow as we entered the fourth quarter,” he said.

Retail 131

Retail Detroit Video Online 131

PYMNTS

JANUARY 26, 2021

Artificial intelligence (AI) technology company Ariel AI has been acquired by Snap. in 2018 by ex-Facebook and ex-Google research scientists, including CTO George Papandreou and CEO Iasonas Kokkinos. The news comes as virtual reality (VR) and AR are beginning to make larger gains in the retail world. Ariel AI had landed $1.1

Video 193

Video Google Retail Online 193

PYMNTS

OCTOBER 30, 2020

We have deep dives on cloud technology, business-to-business (B2B) payments and Visa’s deal to acquire YellowPepper. The purchase builds on a strategic partnership and investment made in 2018, where Visa invested in the firm back then. The PYMNTS Weekender is here to catch you up on the latest news at the end of another busy work week.

Technology 161

Technology Apple Payments Capital 161

PYMNTS

APRIL 2, 2019

Consumers may be curbing their spending , and perhaps even anticipating a new recession, but that could all serve as fuel for certain types of retail expansion — in this case, more brick-and-mortar stores for deep discount chain Five Below. Net sales for the chain’s 2018 fiscal year increased 22 percent year over year to nearly $1.6

Retail 116

Retail New York City Metro Course 116

PYMNTS

DECEMBER 27, 2018

It has been a year of innovations for quick-service restaurants (QSRs), with chains rolling out new digital technologies to help diners order and pay for food without having to wait in line. 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

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

APRIL 25, 2019

Might Macy’s be a better landlord than retailer? have been hurt as shoppers make more purchases online, forcing retailers to think of ways to either downsize their footprints or repurpose their stores. The year got off to a bumpy start for the retail chain, as holiday sales slumped when they were supposed to soar. Macy’s Woes.

Retail 122

Retail Los Angeles New York City New York 122

PYMNTS

FEBRUARY 14, 2019

million international subscribers in 2018 and now boasts 137 million global users, according to the PYMNTS Connected Commerce Playbook. From 7-Eleven to H&M , retailers are adopting digital payments and artificial intelligence (AI) technology to bring more convenient experiences to their customers.

Retail 129

Retail Online Payments United States 129

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

JULY 5, 2020

The Indonesian eCommerce retailer backed by SoftBank Group Corp. ’s In 2018, SoftBank ’s Vision Fund and Alibaba Group Holding Ltd., the Chinese multinational technology company specializing in eCommerce, retail, Internet, and technology, led a $1.1 In 2018, SoftBank ’s Vision Fund and Alibaba Group Holding Ltd.,

Google 264

Google Regional Retail Groups 264

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

MARCH 21, 2018

However, when it comes to retail in those spaces, it doesn’t always work out. Retail at the gym may look like a smart business move from the outside, but it often ends up eating more space and effort than it’s worth. Enter unattended retail. To the creative mind, unattended retail kiosks offer more than convenience, he said.

Retail 122

Retail New York City New York Branding 122

CB Insights

OCTOBER 9, 2018

Traditional retail is getting an upgrade. Despite the rise of e-commerce and mobile, the physical channel still plays an important role in consumer experience — and retailers are increasingly leveraging technologies to stay afloat. Cashier-less technology is one of the latest trends to dominate conversation.

Retail 71

Retail Technology San Francisco Mobile 71

PYMNTS

MARCH 1, 2019

looks to improve the channel mix of its eponymous brand and shutter specialty stores, the retailer beat analysts’ earnings estimates but fell short on top-line revenues for the fourth quarter of 2018. The retailer reported revenues of $4.62 He added that Old Navy is one of the quickest-growing apparel retailers in the U.S.,

Retail 116

Retail Branding Marketing Company 116

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

JANUARY 9, 2019

Retailers raked in more than $850 billion during the 2018 holiday season, marking the fastest holiday retail sales growth seen in the past six years. Luxury retailers have been slower to move online than some other retailers, but the impact of online sales in this industry can already be seen.

Fraud 109

Fraud Retail Security Online 109

PYMNTS

MARCH 11, 2020

A Newark Airport store will start using Amazon’s Just Walk Out cashierless technology on March 16, just days after the company announced it was licensing the platform to retailers, according to reports on Wednesday (March 11). . OTG operates 350 restaurants and shops in 10 airports, including in Minneapolis, Washington D.C.,

San Francisco 130

San Francisco Minneapolis Philadelphia Seattle 130

PYMNTS

DECEMBER 12, 2019

Zippin, a cashierless checkout technology company, has raised $12 million in a Series A funding round, according to a release. The company, which was founded in 2015, uses artificial intelligence (AI), computer vision and sensor technology to provide a 100 percent cashier- and checkout-free experience.

Sacramento 130

Sacramento Retail Branding Technology 130

PYMNTS

APRIL 26, 2019

Direct-to-consumer wedding brands are opening stores in real life — and personalizing the customer experience within them through digital technology. Floravere Co-founder Denise Jin said in an announcement , “With our New York Flagship, we’ve created a retail experience that reflects how our bride actually shops: from IG to IRL.

Branding 123

Branding Retail New York New York City 123

PYMNTS

OCTOBER 23, 2019

That’s just one example of how POS innovation is filtering down to the world of small and medium-sized businesses (SMBs) everywhere — and how, in turn, better POS technology and deployment are making for richer consumer experiences. The average American ate out 185 times in 2018 — dropping from 216 times in 2000.

Retail 101

Retail System Mobile Innovation 101