PYMNTS

MARCH 17, 2020

eCommerce’s rise has only made designing retail showrooms more complex, however. Merchants need to bridge this gap as digital connectivity pushes the retail world’s boundaries. Companies need all the tools they can get to keep consumers engaged in the competitive retail environment. The Rise of Visual Search.

Retail 143

Retail Millennials Tools social media 143

PYMNTS

JULY 30, 2019

One of the biggest retail stories as we head into 2020 is how India is a battlefield of digital commerce, along with a hotbed of retail innovation. With a move that could make an increasingly crowded market more competitive, Amazon is reportedly planning to roll out a food delivery service in India. Amazon’s Moves.

Retail 108

Retail social media eBook Report 108

Bank Innovation

JANUARY 31, 2019

PayPal finally anticipates monetizing Venmo in 2019, nearly six years after acquiring the P2P service. Venmo's revenue run-rate is over $200 million for 2019, PayPal CEO Dan Schulman said in the earnings call Wednesday after market close.

Marketing 170

Marketing social media Online Cards 170

PYMNTS

MAY 5, 2020

As retailers contend with the continuing COVID-19 crisis and the inevitable resettling of the business, one of the most popular pieces of advice has been to reformat existing stores. From there, we look at where the people who are interested in us are coming from, based on social media and traditional media.”.

Retail 150

Retail New York City New York social media 150

PYMNTS

FEBRUARY 4, 2020

Amazon , in one case, had to close its Spark social shopping entry last year – but multiple market dynamics could drive growth for social shopping in 2020. Data: 2019: The year Amazon shuttered its Spark social shopping entry. 3.5B: Amount Amazon earned in advertising revenue for Q3 2019.

social media 130

social media Survey Data Marketing 130

PYMNTS

JANUARY 23, 2020

And retail and commerce-related payments are certainly a big part of that trend. It’s not just the direct selling of products to consumers that matters when it comes to cross-border retail. Several retail and retail-related trends are at play with this funding announcement. Importance of Logistics and Payments.

Retail 151

Retail social media Branding Trends 151

Bank Innovation

JUNE 3, 2019

Bank, will participate in a fireside chat at Bank Innovation Build 2019, this blog’s event on best practices in banking innovation. Dominic Venturo, executive vice president and chief innovation officer at U.S. Bank Innovation Build will take place November 6-7 at Atlanta’s W Hotel Downtown. Register here.)

Innovation 170

Innovation Atlanta Industry social media 170

PYMNTS

NOVEMBER 25, 2019

Social media site Pinterest has announced a new feature that will allow users to make purchases from a selected number of online shops as it continues to expand and grow, according to a report from CNBC. The feature, called the Pinterest Shop , has hundreds of what the company is calling “Product Pins.”

social media 131

social media Study Google Online 131

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

OCTOBER 5, 2020

According to the NPD Group , COVID-19 brought the year’s good start to a halt, with March athletic shoe sales down about 40 percent compared to 2019 and taking a 50 percent hit in April. Despite its 37 -state footprint, Werder noted that Fleet Feet thinks of itself as both a national brand and a community retailer.

Technology 131

Technology Retail North Carolina National 131

PYMNTS

SEPTEMBER 5, 2019

Luxury retail is being revised — and in some cases, reinvented — and those trends are worth attention as the 2019 holiday shopping season approaches. Not only that, but the luxury online consignment retailer opened a brick-and-mortar store on New York City’s famed Madison Avenue. Indeed, in its recent U.S. Barneys Woes.

Retail 123

Retail New York New York City Philadelphia 123

PYMNTS

JUNE 18, 2020

In the latest of a string of outages as of the beginning of March, Robinhood Markets Inc. Robinhood was at the heart of a recent increase in day trading, with retail investors stuck in their residences because of pandemic restrictions. At the conclusion of 2019, Robinhood said it had 10 million users.

social media 174

social media Millennials Marketing Financial Technology 174

PYMNTS

JANUARY 28, 2020

As recently as a few years ago, experts were predicting the era of social media platforms was over, and that new entrants were far less likely to make a dent on the market than be bought out by the established names in the game. In that effort, in fact, it is hardly alone as social media platforms go.

social media 134

social media Video Branding Analytics 134

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 2019, Poshmark made $21.1 That’s up 28 percent from the same 2019 period.

social media 232

social media Online Millennials Training 232

PYMNTS

AUGUST 13, 2019

For fans of retail or marketing history — or just fans of how people communicated in the past — reading old magazine and newspaper advertisement from, say, before the 1960s can be fun and illuminating. Already, retailers, telecoms and others are mapping out that 5G-augmeneted reality future (and beyond).

Retail 100

Retail social media Video Mobile 100

PYMNTS

FEBRUARY 5, 2020

Looks like the digital advertising and marketing sectors are in for a reckoning. In the middle are the consumers whose data fuels eCommerce, social media and basically the entire internet as we know it. That sum is more like a friendly reminder to Google, which did $40 billion in revenue in Q3 2019.

Google 288

Google Data Regulation social media 288

PYMNTS

FEBRUARY 10, 2020

Three years after launching, the startup hit the half-million customer mark in August 2019. Sezzle’s payments platform expedites quick, safe and simple payments among consumers and retailers. BNPL providers are seeing market growth and new funding opportunities. and Canada and is quickly growing.

Minneapolis 187

Minneapolis social media Retail Payments 187

PYMNTS

JANUARY 17, 2020

Buy now, pay later (BNPL) providers are currently enjoying heightened interest from businesses, consumers and merchant partners, leading to market growth and new funding for many industry startups. Some have become so popular that they even have fan pages on social media platforms. BNPL Could Solve Mobile Shopping Hardships .

Mobile 130

Mobile social media Retail Study 130

PYMNTS

OCTOBER 9, 2020

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. Social commerce is growing rapidly, and every day social media companies are adding new capabilities to support this growth.

Branding 221

Branding social media Video Strategy 221

PYMNTS

AUGUST 31, 2020

Now that Walmart is officially enjoined in a bid for TikTok with the Redmond, Washington-based software giant, the jury is not out on whether the deal can actually happen, the jury is out on whether Walmart can make TikTok fit into its digital retailing needs. in February 2019. percent market share. year over year, per Ad Age.

social media 131

social media Massachusetts United States Branding 131

PYMNTS

DECEMBER 17, 2019

Russia-based diamond producer ALROSA is partnering with technology firm Everledger and Tencent’s social platform WeChat to sell diamonds to Chinese retailers using a blockchain platform, ALROSA announced in a press release on Tuesday (Dec. The Mini Program will help set brands apart in China’s luxury market. “We

blockchain 131

blockchain social media Video Retail 131

PYMNTS

AUGUST 25, 2019

Kohl’s is teaming up with the social media giant to uncover emerging brands that millennial shoppers consider cool. Kohl’s is following a retail movement to offer curated collections so shoppers can explore new trends. The curated collections will be offered on its website as well as at 50 Kohl’s department stores.

Millennials 133

Millennials Data social media Branding 133

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. The global location intelligence market size was valued at $10.6 billion in 2019 and is expected to expand at a CAGR of 15.2 billion by 2027.

Google 133

Google Analytics Retail social media 133

PYMNTS

FEBRUARY 14, 2020

Things could not have gone much better for Wine.com in 2019. By all accounts, including industry bible Wine Enthusiast, the wine of the year for 2019 was the Taylor Fladgate Quinta de Vargellas Vinha Velha 2017. And the wine retailer of the year? There are gatekeepers for economic reasons all over the world of online retail.

San Francisco 150

San Francisco Millennials Oakland Customer Experience 150

Bank Innovation

FEBRUARY 5, 2019

Time is running out to apply for Bank Innovation’s DEMOvation Challenge, in which fintech startups demo before a crowd of conference attendees in hopes of earning their vote and walking away with prizes. The application deadline is Friday, February 8. Apply here.

Conference 170

Conference Fintech social media Operations 170

PYMNTS

FEBRUARY 10, 2020

Three years after launching, the startup hit the half-million customer mark in August 2019. Sezzle’s payments platform expedites quick, safe and simple payments among consumers and retailers. BNPL providers are seeing market growth and new funding opportunities. and Canada and is quickly growing.

Fintech 130

Fintech Minneapolis social media Retail 130

Bank Innovation

APRIL 22, 2019

The Liftoff 2019 Mobile Finance Apps report, released earlier this month, showed that finance-focused mobile apps retain more users than retail, media, dating […].

Mobile 186

Mobile Report Industry Video 186

PYMNTS

APRIL 2, 2020

billion spent on TV advertising in 2019 illustrates. Big Data analytics reached a market valuation of $29.87 billion in 2019 and is projected to total $62.1 Banks can even harness external regulatory, trading and social media engagement data, all of which can be processed and analyzed to benefit their operations.

Analytics 237

Analytics Data Big Data social media 237

PYMNTS

OCTOBER 10, 2018

Toys will be featured at the front of the shop, while the back will be an “experiential” area where visitors can take photos to share on social media. In fact, Rachel Shechtman, STORY’s founder, is an advisor on the BuzzFeed retail project. Toys R Us had over 700 locations in the U.S.

New York City 116

New York City New York social media Retail 116

PYMNTS

DECEMBER 4, 2018

The move should increase sales for brands and eCommerce platforms, experts say, but it could also become a threat for online retailers, and especially fashion sites. Analysts say that 80 percent of India’s online fashion market – valued at $4 billion – is controlled by Flipkart-Myntra and Amazon India.

Customer Experience 146

Customer Experience Branding Online Retail 146

PYMNTS

JUNE 19, 2020

Amazon and Italian luxury brand Maison Valentino filed a lawsuit against a retailer Thursday (June 18), alleging the company sold counterfeit goods as the trade in the so-called “gray market” continues to draw attention. The counterfeits [are] kind of flooding the markets,” he told Federal News Network. “It

social media 181

social media United States Branding National 181

Cisco

MAY 29, 2019

In retail banking, it’s clear customer experience matters, and the stakes have never been higher. To satisfy customers in an increasingly competitive market, banks must identify and optimize on critical opportunities to connect with customers in more personalized, meaningful ways, both in branch and remotely. Power 2019 U.S.

Customer Experience 72

Customer Experience Retail San Diego Study 72

PYMNTS

JULY 2, 2018

We think those brands – those with an authentic history and story to tell – are going to be the winners in this changing retail environment.”. In launching their first pop-up shop in Times Square during the holiday season in 2017, Conn noted, they got a very front-row view of the new nature of the transient retail promise.

Branding 101

Branding Retail New York Groups 101

PYMNTS

FEBRUARY 7, 2020

Retailers are starting to tap into the camera,” said Ted Mann, CEO of visual search technology provider Slyce. They expect the retailers to be able to support it.”. Slyce is working with retail partners to embrace events outside the store and developing new kiosk technology to work within the store. percent from 2019 to 2025.

Branding 151

Branding Retail social media Mobile 151

PYMNTS

MAY 22, 2019

“We continue to see a healthy economic backdrop for our business,” CEO Brian Cornell said, noting that Target is “well-positioned to deliver strong financial performance in 2019 and beyond.”. The retailer also launched an environmentally friendly brand of cleaning products called Everspring during the first three months of the year.

social media 187

social media Branding Online Report 187

PYMNTS

MARCH 11, 2020

Its fourth-quarter earnings report, released at the end of February, showed a revenue jump of 88 percent from 2019 to $1.1 billion, on an 82 percent increase in retail sales. That is the most organic growth of any automotive retailer ever in the U.S. This year we expect another year of market-leading growth. New Markets.

Company 130

Company Miami San Antonio Oklahoma City 130

PYMNTS

OCTOBER 23, 2020

In fact, 2020 opened with retail reports decrying the great toy sales slump , citing the 4 percent fall-off in toy sales, the rather tepid holiday sales season reported between 2018 and 2019 and the fact that toy sales came up short during last year’s holiday season. under the age of 14.

social media 215

social media Video Retail Branding 215