PYMNTS

JANUARY 30, 2020

So-called fast fashion has been a big player in retail for years, but that part of the commerce-and-apparel world is facing some serious challenges. The bankruptcy filing was a dim commentary on a trend that largely appealed to young women, and which has sat high in the world of retail for a good decade or more.

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Retail New York City New York social media 142

PYMNTS

NOVEMBER 8, 2018

It’s the big stage for retailers, the holiday shopping season – when all the consumer world is watching (and, merchants and payments providers hope, buying more than they did last year). That’s not to suck any cheerful anticipation out of the 2018 holiday shopping season, during which U.S. percent year-over-year increase, to $124.1

Retail 129

Retail social media Online Taxes 129

PYMNTS

FEBRUARY 13, 2019

In the highly connected digital age, consumers are interacting with a multitude of social media sites as well as apps and connected devices. During this time, retailers and tech companies are bringing integrated shopping experiences into the sites and apps where consumers spend the most time. Nearly 60 percent of U.S.

social media 139

social media Innovation Google Retail 139

PYMNTS

OCTOBER 22, 2018

Instagram, the photo-sharing social media network operator owned by Facebook, has surpassed Snapchat as the most frequented social media platform among teenagers. While Nike remained the number one retail brand among teenagers, Vans saw a “staggering gain,” and there was a “rebalancing toward Adidas.”

social media 143

social media Survey Branding Apple 143

PYMNTS

SEPTEMBER 30, 2019

State governments began rolling out economic nexus laws after 2018’s South Dakota vs. Wayfair ruling. These laws were meant to make online sellers face sales tax requirements similar to those for retailers with on-the-ground locations, putting both types of businesses on equal footing.

Retail 109

Retail Taxes Virginia South Dakota 109

CFPB Monitor

JUNE 11, 2019

The FTC and CFPB coordinate their enforcement and related activities pursuant to a MOU entered into in 2012, reauthorized in 2015, and extended in 2018. One case involved allegations that a consumer electronics retailer had conditioned the extension of credit on mandatory preauthorized transfers in violation of the EFTA and Regulation E.

Report 60

Report Regulation social media Policies 60

PYMNTS

OCTOBER 5, 2018

Despite that fact, however, eight of the retailer’s top 10 best-selling brands are Revolve private label, which according to its latest SEC filing provide 27 percent of the firm’s revenue. But among that rather critical shopper demographic, Revolve has found a powerful sweet spot, especially for its private-label offerings.

social media 135

social media Branding Course United States 135

PYMNTS

APRIL 19, 2019

Many customers have recently posted on social media that orders placed at the restaurant fraudulently used their payment cards during the first few weeks of April. ” Chipotle, which will continue to monitor the situation, recently posted better-than-expected earnings results for the fourth quarter of 2018, reporting sales of $1.23

Payments 190

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PYMNTS

DECEMBER 18, 2020

Social media-focused clothing reseller Poshmark became the latest platform company to file for an initial public offering (IPO) this week, hoping to catch an IPO wave that saw big first-day pops recently for Airbnb and DoorDash. million in 2018 and $48.7 million in 2018 to 31.7 billion social interactions.”.

social media 232

social media Online Millennials Training 232

PYMNTS

NOVEMBER 15, 2017

Fashion retailer Forever 21 revealed that it has suffered a data breach at some of its stores. With the opening of this new store, which already has 13 locations at GGP malls, the retailer will have the opportunity to experiment and focus more on social media-friendly millennials.

Los Angeles 151

Los Angeles social media Millennials Retail 151

PYMNTS

AUGUST 17, 2019

In the era of social media, there are many, many ways to track the beginning of the school year without looking at a district calendar. However, some people would prefer to use data to judge social trends as opposed to viral social media posts – and luckily, back-to-school shopping has plenty of that to serve up.

social media 136

social media Retail United States Report 136

PYMNTS

JANUARY 13, 2021

The social media-focused platform company’s business model is simple: it’s a retail destination for consumers looking to sell their second-hand apparel and other goods or pick up desirable designer items for fraction of the price. Unique to Poshmark are social media aspects like the ability to share “likes” on favored items. “We

social media 169

social media Trends Retail Millennials 169

PYMNTS

JULY 29, 2019

The Luxembourg-based Court of Justice of the European Union (CJEU) weighed in on a dispute after a German online fashion retailer was accused of violating EU law by embedding a “Like” plugin. A consumer association in Germany said the plugin allowed the social media company to collect data on the site’s users, the news outlet said.

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Data Company social media Compliance 122

Bank Innovation

MARCH 12, 2018

EXCLUSIVE – There has been plenty of buzz around voice banking for some time now, and while many thought 2017 would be the year voice banking made it big, that didn’t happen. And that’s not because the field didn’t make any progress - it did- but the fintech world had other distractions (hint: blockchain & Read More.

blockchain 225

blockchain Fintech social media America 225

PYMNTS

MARCH 25, 2019

Apple reportedly said that the service will not allow advertisers to track what subscribers are reading, which means no targeted ads based on consumed news stories, as is the case with social media. As PYMNTS has regularly documented, subscription eCommerce is among the hottest areas of digital retail.

Apple 100

Apple Retail California social media 100

PYMNTS

MARCH 21, 2019

households and companies increased 16 percent in 2018, according to new data. The report also found that in 2018, there was an increase in traditional unauthorized fraud, in which customers are tricked into transferring money to criminals. Financial scams perpetrated against U.K.

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Fraud social media Data Report 122

PYMNTS

MARCH 31, 2020

Between 2015 and 2018, I saw this big jump in the percentage of weekly sales for physical books that were going to Amazon.com,” Hunter told the AP. Here’s how Bookshop.org helps indie book retailers. It also asked authors, including Stephen King, Susan Orlean and Jason Reynolds, to promote Bookshop on social media.

Online 141

Online social media Retail Groups 141

PYMNTS

MAY 22, 2017

Capturing the ever-changing mindset of millennials can seem like a continual headache for retailers. From sales shifting to more online shopping to more integrated in-store demands, the retail world has been refining its approach to attract and maintain tech savvy shoppers.

Millennials 100

Millennials social media Retail Online 100

PYMNTS

FEBRUARY 7, 2020

Google Maps is getting a makeover and retailers will be a beneficiary as it enables more location sharing, data access and social media integration. billion in 2018 and is expected to reach over 25.2 It can detect patterns and opportunities for retailers on a very basic level (where are my customers coming from?).

Google 133

Google Analytics Retail social media 133

PYMNTS

FEBRUARY 7, 2020

The experiential retailer b8ta is also launching a new community-driven store, this one aimed at fashion and lifestyle apparel. The company started in 2018, calling its concept “retail as a service” (RaaS). The concept doesn’t always have to be altruistic. The 20,000-foot store will be called “Market by Macy’s.”

Los Angeles 141

Los Angeles Community Branding social media 141

FICO

DECEMBER 19, 2017

This year, in the spirit of efficiency, I’m combining both predictions and resolutions by forecasting that in 2018, my wallet is going to go on a diet; it will definitely become slimmer as physical (plastic) credit cards are replaced with payment apps on my smart phone. My Predictions for 2018. Will we do so this year?

Fraud 55

Fraud Payments Cards social media 55

PYMNTS

FEBRUARY 7, 2020

As Pinterest wagered on eCommerce, the social media platform’s revenue surpassed the $1 billion threshold last year. A 2018 GfK study noted that 87 percent of personal care and beauty pinners visit the platform when considering what to purchase. Pinterest foresees revenue clocking in at roughly $1.52

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San Francisco social media United States Guidelines 129

William Mills

SEPTEMBER 25, 2018

User goes to Walgreens and registers the retail store in app. William Mills III, Chief Executive Officer of William Mills Agency is live blogging today at FinovateSpring 2018. Mills-Grimes, marketing director of William Mills Agency, is live blogging today at FinovateFall 2018. Second part of the demo rewards based/loyalty.

Mobile 77

Mobile Customer Experience Lending Analytics 77

PYMNTS

DECEMBER 24, 2018

Text messaging, social media, Pinterest and memes have all been offered up as avatars of destruction — and the general consensus seems to be that the death of conversation is a direct result of the digital age and probably has something to do with millennials. Kirk Bresniker, chief architect of Hewlett Packard Labs for HPE.

Data 151

Data Payments System social media 151

PYMNTS

NOVEMBER 27, 2018

You might know what the phrase means, but in case you do not, here is a short refresher, along with data from PYMNTS that provides detail of this growing online retail trend. Contextual commerce is a retail practice centered around discovery. Social, as one can imagine, is a big part of contextual commerce. Trend Growth.

social media 147

social media Retail Online Trends 147

PYMNTS

DECEMBER 12, 2019

From August 2017 to April 2018, Eyal and his company allegedly conducted a fraudulent unregistered securities offering by selling Shopin Tokens in an ICO. . Shopin planned to use the funds to compile profiles on shoppers that would be maintained on the blockchain and track purchase histories across online retailers.

Bitcoin 131

Bitcoin Fraud Regulation social media 131

PYMNTS

DECEMBER 19, 2018

Over the course of years, Facebook reportedly enabled some of the world’s biggest tech companies to access the personal data of users — which amounted to the social media giant exempting some businesses from the privacy rules its customers thought they were protected under.

Data 127

Data social media New York Apple 127

PYMNTS

DECEMBER 3, 2020

Pre-pandemic, the answer was much clearer: Good influencers were usually young, attractive, stylish, well-traveled and so naturally charismatic that simply seeing them doing, wearing or eating something was enough to motivate their hundreds of thousands – or even millions – of social media followers to imitate their behavior.

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PYMNTS

AUGUST 2, 2018

Japanese clothing retailer Uniqlo rolled out shopping chatbot Uniqlo IQ on Thursday (August 2), which acts as a digital concierge service. As retail moves deeper into the digital realm, shopping needs to be not just portable and perpetual, but personal as well. billion hours by 2023 in those three sectors.

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social media Google Retail Tools 102

PYMNTS

JANUARY 20, 2020

Outlook India recently reported that SMBs in the country are seeking a government initiative to require government departments and large firms to disclose details behind all invoices that are 45 days past due, with community social media platform LocalCircles leading the charge in an effort to improve local SMBs’ cash flow.

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Payments social media Report Analysis 237

PYMNTS

AUGUST 9, 2018

According to a report in Reuters , citing Dada-JD Daohjia, the company is partly owned by JD.com and operates two businesses: Dada, the delivery service that has a network of 5 million delivery men, and JD Daojia, which partners with retails stores to provide delivery services.

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Tampa social media Retail Online 100

PYMNTS

SEPTEMBER 4, 2018

But, in the narrow context of Q2 and the retail world, it is pretty hard to argue against it. And the boats – the retailers themselves – have been buoyed by the tide. Walmart , Target , Macy’s , Urban Outfitters , Nordstrom – the stores change, but the general drumbeat has been largely the same in retail in 2018.

social media 101

social media Retail Branding Data 101

PYMNTS

AUGUST 10, 2018

The announcement comes at a time when rival cosmetics firms like Estee Lauder and retailers like Sephora are making big investments in new technology, in part due to the influence of beauty bloggers and online selfies. percent of its total sales during the first half of 2018, which is up from about 5 percent just three years ago.

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social media Groups Retail Branding 101

Bank Innovation

APRIL 18, 2018

EXCLUSIVE - With over 100,000 signups to date, Ollie Purdue, CEO of digital current accounts Loot will turn his focus on generating revenues this year. “We We spent last year and most of 2016 scaling and on the workings of the product,” Purdue told Bank Innovation. This year, we look at revenues.” Launched back in 2014, […].

Fintech 170

Fintech Innovation social media Online 170

PYMNTS

MAY 11, 2020

The launch with TikTok builds on social commerce efforts Levi’s has executed with Snap , Instagram and Pinterest. The last time TikTok reported audience numbers, in November 2018, it reported 680 million monthly active users. Social media isn’t a game of one size fits all and nor is social commerce,” he says.

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Branding social media Video Miami 148

PYMNTS

FEBRUARY 20, 2017

Over a year of research, development and beta testing, Shopkick Grocery was found to increase consumer basket sizes to $59 in grocery, drugstore and retail spend per trip versus the $32 national average. Retail brands and partners for Shopkick include Best Buy, Clorox, Nestle and Starbucks, among others. supermarket like Kroger.

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PYMNTS

JUNE 10, 2019

One of the takeaways from the Platform Economy Playbook is that amidst tech innovations like artificial intelligence (AI) to help personalize clothing selection and speed up delivery and social media-powered commerce, customer service has become a differentiator. Ann Taylor and New York and Company were early participants.

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Online social media Retail New York 111