Remove 2019 Remove Boston Remove Innovation Remove Retail
article thumbnail

Today In Retail: Wayfair Exceeds Estimates; Carvana Sales Surge; SA Company Pivots With Pandemic

PYMNTS

These are the top stories in retail for Tuesday (Nov. Bloomberg reported this week that Boston-based home décor eCommerce giant Wayfair turned in strong third quarter financials, noting that the firm’s quarterly results “exceeded analysts’ estimates, suggesting the wave of home improvement inspired by the COVID-19 pandemic is lingering.”.

Company 131
article thumbnail

Weekly Wrap: Amazon CX inspires bankers, as digi-players target the underbanked

Bank Innovation

Welcome to the latest episode of our weekly wrap video series, for the week ending August 2, 2019.

Boston 170
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Why Consumers Are Firing Traditional Retailers

PYMNTS

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. But it’s more than that.

Retail 172
article thumbnail

The Finanser’s Week: 17th July – 23rd July 2017

Chris Skinner

You will all know by now that I love the innovations in retail banking in Turkey, and Gürhan didn’t disappoint. First, there … Five financial innovations you may have missed I just attended an EFMA conference where the opening presentation talked about the most innovative banks in the world.

Boston 171
article thumbnail

McDonald’s Continues Digital Push With Dedicated Team

PYMNTS

The fast-food giant started McD Tech Labs in 2019, a venture based in Silicon Valley staffed with tech workers that include data scientists and engineers. Digital is transforming global retail, and it will transform McDonald ’s,” said CEO Chris Kempczinski. “At Before coming to McDonald’s, Brady worked at the Boston Consulting Group.

Boston 131
article thumbnail

Data: Luxury Goods Sales May Drop 35 Pct This Year

PYMNTS

While sales fell 25 percent in the first quarter, the slowdown is expected to accelerate in the second quarter and could lead to an estimated contraction by as much as 35 percent for the year, said the Boston-based investment firm. Bain & Company said it anticipates that a recovery to 2019 levels will not occur until 2022 or 2023.

Data 151
article thumbnail

Is It Time For Apple To Allow Others Access To The iPhone NFC Chip?

PYMNTS

You can see it in how investors are putting money to work in both consumer-facing and B2B startups, and how startups and incumbents are forging new partnerships to move innovation faster to market. Almost half, 45 percent, have shifted digital to shop for retail products, and one in five to shop for groceries and order food from restaurants.

Apple 227