PYMNTS

JANUARY 18, 2021

Every year for the last 110 years , members of the retail trade group, known as the National Retail Federation (NRF), have assembled to discuss the slate of issues pertinent to its members. COVID-19, of course, didn’t cause physical retail’s steep decline — it just accelerated it. Retail is now about logistics and the last mile.

Retail 309

Retail Online Maine Branding 309

PYMNTS

MARCH 17, 2020

While many luxury retailers have found themselves needing to slash prices to keep inventory moving, some luxury brands are switching manufacturing to assist in the coronavirus crisis. For retailers, eCommerce will be critical during the coronavirus crisis. Another 13 percent never patronized the retailer again.

Branding 146

Branding User Experience Retail Trends 146

PYMNTS

AUGUST 1, 2020

Sensory branding is having a moment. These are some admittedly “out there” examples of sensory branding, which is popular lately for several reasons. Supplementing the “sight” of marketing and branding with a taste or a sound creates an entirely new set of tools to attract consumers. And sensory branding isn’t limited to sound.

Branding 202

Branding Study Examples Marketing 202

PYMNTS

DECEMBER 24, 2019

21, the last Saturday shopping day before Christmas 2019, has been confirmed as the single biggest retail sales day in U.S. According to retail research firm Customer Growth Partners, consumers on Super Saturday spent a total of $34.4 billion and that exceeded 2019 Black Friday sales by 10 percent. 14, with $28.1

Retail 186

Retail social media United States Millennials 186

PYMNTS

JUNE 18, 2020

Designer Brands Inc. The company operates almost 1,000 retail stores under names like DSW Designer Shoe Warehouse and The Shoe Company. percent for the first quarter of 2020, in comparison to a 3 percent rise in the same quarter of fiscal 2019, according to an announcement. In separate news, retailer Express Inc.

Branding 141

Branding Report Guidelines Retail 141

PYMNTS

OCTOBER 9, 2020

That’s the current state of play in Southeast Asia where social commerce is growing rapidly as brands try to find new ways to sell during the pandemic. According to research from solutions provider iKala , social commerce orders in the first half of 2020 more than doubled, while gross merchandise value (GMV) grew three-fold compared to 2019.

Branding 221

Branding social media Video Strategy 221

PYMNTS

DECEMBER 16, 2020

Digital sports entertainment and gaming industry platform DraftKings — known for its top-rated daily fantasy sports and mobile sports betting apps — today announced an agreement with InComm Payments , a global leading payments technology company, to launch an industry-first retail gift card. . DraftKings reported on Friday (Nov.

Retail 230

Retail Cards Payments New York 230

PYMNTS

JUNE 17, 2020

The dramatic consumer shift to Digital 3.0 — predicted months ago by the PYMNTS COVID-19 tracker work — is accounting for almost half of the retail growth in the US. It found that eCommerce growth as of May 1 was up 68 percent, surpassing 40 percent of total retail sales. Overall Chinese retail sales of consumer goods dropped 2.8

Retail 231

Retail Online Course Report 231

PYMNTS

MAY 12, 2020

It is a $75 billion industry dominated by millennials and ripe with opportunity for direct-to-consumer (D2C) brands. The physical locations have mixed status depending on the state, between essential and non-essential companies, but many have stayed alive with “order online pick up in store” services or curbside pickup.

Branding 166

Branding Online Strategy Marketing Strategies 166

PYMNTS

DECEMBER 18, 2018

It’s easy to get swept up in the retail apocalypse narrative. With historic retailers like Toys R Us and Sears shutting their doors after more than 100 years in business, and reports of “sad Santas” in empty malls, it’s hard to not take a rather dim view of physical retail’s prospects at present. There is an intent to buy.

Retail 140

Retail Millennials Online User Experience 140

PYMNTS

OCTOBER 8, 2018

Amazon is taking a new approach to its brands, extending beyond its AmazonBasics and other private-label lines: The retailer is rolling out brands that are exclusive to the site, but are not actually owned by the company. At the same time, Perrigo also owns a brand called GoodSense.

Branding 166

Branding Retail Report Maine 166

PYMNTS

JULY 2, 2018

More than a store or a brand, The Sharper Image was the traditional mecca of the husbands, fathers and boyfriends along for mall trips they didn’t really want to be on, offering consolation in the form of a session in the vibro-massaging leather recliner and the opportunity to touch a plasma globe.

Branding 101

Branding Retail New York Groups 101

PYMNTS

NOVEMBER 25, 2020

24) that it enjoyed a 61 percent jump in online sales during its fiscal third quarter ended Oct. The retail giant also said that its Athleta chain’s sales rocketed even as revenues plunged at Banana Republic Global. billion at Q3 2019’s end. said Tuesday (Nov. Chief Executive Officer Sonia Syngal said in announcing the results.

Online 170

Online Branding Retail Management 170

PYMNTS

FEBRUARY 10, 2020

Younger consumers expect instant gratification and affordable ways to obtain the goods they desire, prompting more retailers to adopt buy now, pay later (BNPL) payment services. In fact, the data has shown that the [BNPL] brands that have some maturity to them [have] actually brought in younger customers.”.

Branding 134

Branding Retail Millennials Payments 134

PYMNTS

JANUARY 21, 2021

The COVID-19 crisis and the digital shift that it accelerated are making five lessons clear that tradition brick-and-mortar retailers must heed if they want to survive, according to Karen Webster. The key lesson traditional merchants must learn is that “retail’s competition is the marketplace, not other category competitors,” Webster wrote.

Retail 179

Retail Branding Analysis Online 179

PYMNTS

JANUARY 23, 2019

Hot on the heels of its close cousin, augmented reality (AR), more retailers are using immersive virtual reality (VR) experiences to entice customers through the doors of physical storefronts. While many retailers are using the technology to create tailored experiences for their brands, it may well become a new way for customers to shop, too.

Retail 171

Retail Branding Online Report 171

PYMNTS

FEBRUARY 24, 2020

As 2020 unfolds, the retail business has been dramatically altered. But with consumer spending holding steady, it’s important for retailers to grasp the opportunity to create innovative ways to get, keep and grow customers. And retailers that deploy experiential tactics drive repeat purchases at rates nearly twice those who don’t.

Retail 210

Retail Branding New York City Indiana 210

PYMNTS

AUGUST 27, 2020

Walmart is selling two of its online brands in a continuing goal to concentrate on its website. 27) that the Arkansas-based retail giant is scrapping Shoes.com and Bare Necessities, the intimate apparel brand. Also last year, Walmart shuttered its Jet.com eCommerce website and phased out the brand.

Los Angeles 144

Los Angeles Branding Arkansas Retail 144

PYMNTS

MARCH 1, 2019

Brick-and-mortar fashion retailers are developing in-store experiences to encourage customer loyalty. markets, aiming to generate repeat visits as part of its experiential retail efforts. They also create repeat visits to the DSW brand, where an exciting footwear assortment awaits.”. In Other Brick-and-Mortar News.

Branding 129

Branding Retail Columbus Las Vegas 129

PYMNTS

NOVEMBER 27, 2018

The world’s second biggest fashion retail firm, H&M, is shuttering its independent brand Cheap Monday, the company said on Tuesday (Nov. The brand had been owned by H&M through its 2008 acquisition of Fabric Scandinavien AB, which was the owner of Cheap Monday. 27), as reported by Reuters.

Branding 122

Branding Retail Online Industry 122

PYMNTS

SEPTEMBER 30, 2018

Amazon.com is reportedly getting into the online mattress business, entering a market in which a handful of startups are trying to dominate. The firm monitors the list of more than 120 private label Amazon brand products that now includes kitchen goods, clothing, batteries, and electronics.

Branding 153

Branding Retail Report Trends 153

PYMNTS

JUNE 18, 2020

is comprising nearly half of the retail growth in the U.S. 15,000: Minimum count of merchants or brands that are offering or plan to offer BNPL. 85%: Proportion of retail sales that stores accounted for as of 2019. 16%: Percentage by which Chinese online retail sales are projected to rise for the year as a whole.

Retail 130

Retail Data Branding Online 130

PYMNTS

OCTOBER 5, 2020

20 for its Special K brand. The flavors were “inspired” by Twitter conversations the brand had with consumers. Its Objective wellness brand, according to the website Glossy , is being redesigned and rebranded about a year after it was first introduced. The promotion started Sept. Another marketing move can be seen from Clorox.

Branding 183

Branding Millennials Resources Marketing 183

Accenture

MAY 30, 2019

Credit card volume and receivables continue to grow amongst the top issuing banks for the first quarter of 2019; however, the growth rate of each has been slowing compared to prior years. Industry statistics (based on non-retail card issuers in scorecard section). Issuer scorecard ($billions)—Q1 2019. Partnership developments.

Cards 158

Cards US Taxes Apple 158

Bank Innovation

FEBRUARY 6, 2019

banks accounted for 81 of the 500 most valuable and strongest bank brands around the world on Brand Finance’s Banking 500 2019 list, released this week. Led by the Industrial and Commercial Bank of China, the world’s most valuable banking brand (at $79.8

Branding 170

Branding Industry social media Operations 170

PYMNTS

JULY 19, 2019

Iconic brick-and-mortar retailers are sometimes reinvented, and return to the world of retail with smaller-format concepts. The parent of the Toys R Us brand, Tru Kids , plans to bring stores under the legendary name to the United States for the 2019 holiday season. In Other Brick-and-Mortar News.

Retail 150

Retail US New York United States 150

PYMNTS

MARCH 17, 2020

Shopping has always been highly visual , and online shopping is no different. eCommerce’s rise has only made designing retail showrooms more complex, however. Digital brands lack brick-and-mortar stores’ advantages — customers cannot feel fabric textures or see electronics’ resolution qualities. The Rise of Visual Search.

Retail 143

Retail Tools Millennials social media 143

PYMNTS

JANUARY 12, 2021

In today’s top retail news, Dollar Shave Club (DSC)’s board of directors have named a new CEO for the brand, while Albertsons Companies registered a digital sales growth spike in its third quarter fiscal 2020 results. percent Q3 fiscal 2019, while interest expense was $115.9 million in Q3 fiscal 2019.

Retail 145

Retail Branding Study Management 145

PYMNTS

JANUARY 6, 2020

And, in beauty retail, online hair and body care brands such as Ouai are growing their presence in the physical world by bringing their products into brick-and-mortar stores like Ulta Beauty. 2.2M: Amount of new funding Trainiac raised as 2019 came to a close. All this, Today in Data.

Course 131

Course Retail Data Branding 131

PYMNTS

OCTOBER 23, 2020

Despite the fact that many retailers are creating their own versions of Black Friday, the traditional one that happens the day after Thanksgiving will still occur as a retail event. That’s the take from Edited , a retail tracking platform that advises brands on pricing and merchandising strategies.

Strategy 151

Strategy Retail Branding Data 151

PYMNTS

JULY 6, 2020

If your business touches retail in any way, it might pay to follow a few important breadcrumbs. Last week, Constellation Brands purchased Empathy Wines , a direct-to-consumer (DTC) eCommerce business that sells wines from California vineyards. It reportedly purchased this digital upstart — one with a reported (and very small) $3.9

Retail 259

Retail Meeting Branding Maine 259

CB Insights

MARCH 11, 2019

Amazon may dominate discussions about the future of retail, but a range of technologies are already disrupting the sector. Our analysts looked at signals across the industry to identify the top 21 retail trends to watch in 2019. GET the 54-page retail TRENDS report. Experiential & Destination Retail.

Trends 70

Trends Retail Branding blockchain 70

PYMNTS

APRIL 16, 2020

As retailers look for a way out of an unprecedented cash flow crunch, many are slashing prices online and offering free shipping. The move is good for consumers, but for the retailers involved discounting is a double-edged sword. It’s the age-old argument for retail. retailers is down 64 percent over 2019.

Retail 146

Retail Strategy Branding Analysis 146

PYMNTS

AUGUST 10, 2020

For physical retail, the pandemic was simply the force that accelerated a decline that had started in 2014 — one that inertia had masked for all of the years up until now. This data came on the heels of a holiday shopping season that was strong, but weaker than retail analysts had expected. A Long Time Ago … In January 2020.

Retail 291

Retail US Innovation Report 291

PYMNTS

DECEMBER 30, 2019

And, in some cases, brick-and-mortar retailers brought these concepts to their own brands with original takes on clothing rental. In 2019, some online marketplaces took a page out of the sharing economy playbook for clothing. In 2019, a clothing subscription service also bought a brick-and-mortar retailer.

Retail 133

Retail Branding Company Washington 133

PYMNTS

DECEMBER 10, 2019

Bridge millennials’ rise is changing the retail ecosystem ahead of the 2019 holiday season, but their impacts will continue to be felt in the year ahead. The group also spends more than other demographics, averaging $2,225 in retail purchases per year. Bridge millennials are becoming bellwethers of shifting retail trends.

Millennials 136

Millennials Retail Groups Online 136

PYMNTS

JANUARY 2, 2020

As online shopping powers a forecasted 26 percent year-over-year volume surge on National Returns Day, the United Parcel Service (UPS) foresees shipping 1.9 In some categories, the return rate is near 50 percent due to inconsistent sizing across brands, per IHL Group Founder and President Greg Buzek.

National 131

National Retail United States California 131