PYMNTS

NOVEMBER 10, 2020

Retail giant Target is collaborating with Ulta Beauty in a strategic partnership that will bring a shop-in-shop concept to 100 Target locations across the country, the companies announced in a press release on Tuesday (Nov. More than ever before, now is the time for innovation in retail,” said Ulta Beauty CEO Mary Dillon. .

Retail 144

Retail Training Strategy Branding 144

PYMNTS

JULY 8, 2019

Can cameras replace cashers in retail? The paper noted that many such retail innovation efforts for grocery start in Europe. often pioneer new technology like online delivery and self-payment kiosks that their American peers eventually adopt.”. The grocery industry is making a go of it. the report noted.

Retail 152

Retail Innovation Seattle Chicago 152

PYMNTS

SEPTEMBER 28, 2020

As 2020 limps toward its exhausting conclusion, get ready for a massive rebound in 2021 — for consumer spending , for small- to medium-sized businesses’ ( SMBs ’) top lines, and for the U.S. I actually think that 2021 may not be a good year — I’ll be blunt in saying that,” he told Webster. economy in general. Where We Go From Here.

Fintech 291

Fintech Examples Industry Management 291

PYMNTS

DECEMBER 31, 2020

A PYMNTS staffer recently placing a digital order from New England regional grocery chain Big Y noticed a surprising change to the supermarket’s online options. By autumn 2020, consumers' propensity for grocery shopping online was growing faster than their propensity for either retail shopping online or ordering food online.

Online 235

Online Regional Data Study 235

PYMNTS

SEPTEMBER 14, 2020

But the one thing that might work is taking a page from the innovation playbook that Netflix seems to have written and followed over the last 22 years. A combination of forces — Netflix’s own content and technology innovations and advances in hardware and software — helped them consistently attract more eyeballs.

Innovation 245

Innovation Video Course Meeting 245

PYMNTS

DECEMBER 11, 2020

Although much of the 2021 holiday season will be very different than anything that came before it, some of the changes are easier to anticipate than others. Consumers are going digital and are finding the experience to be an upgrade, while the physical retail channel is becoming increasingly unsatisfying by a pretty wide margin.

Retail 273

Retail Meeting Customer Experience Online 273

PYMNTS

JUNE 5, 2020

With the most recent COVID-19 studies from PYMNTS reinforcing the need for health and safety in the retail world, some retailers are stepping up to accommodate consumers’ concerns. The survey and consequential retail index shows how retailers are dealing with consumer fears, which extend to having groceries delivered to the home.

Study 131

Study Retail Survey Compliance 131

PYMNTS

JULY 6, 2020

If your business touches retail in any way, it might pay to follow a few important breadcrumbs. shopping malls will shutter by the end of 2021. Worse yet, some analysts fear the triggering of break-lease clauses for retailers in malls if anchor stores leave. Analysts now say that as many as 50 percent of U.S

Retail 259

Retail Meeting Branding Maine 259

PYMNTS

SEPTEMBER 17, 2018

But sometimes, innovators get the process backwards, and find they have a great solution, but not a problem to go with it. as consumers struggle to find a reason to use them, as online and omnichannel purchases are growing worldwide. 14 percent: Share of global retail sales expected to be powered by online payments by 2021.

Innovation 133

Innovation Data cryptocurrency Google 133

PYMNTS

MARCH 17, 2020

It was supposed to be a thriving retail center in Milwaukee when it was built seven years ago. The DEO “seeks concepts and an operator to program the space to boost innovation and entrepreneurship, demonstrate creative placemaking and feature the Made in Fairfax Network. But it never happened. Starting Jan.

Retail 135

Retail Arlington San Francisco Milwaukee 135

PYMNTS

JULY 15, 2019

Starbucks China Retail Chief Operating Officer and President Leo Tsoi said in the announcement about the new express retail concept, “The Starbucks Now store is a testament to our unwavering commitment to delivering innovative customer experiences through new retail formats. China’s Digital Coffee Market.

Online 131

Online Retail Mobile United States 131

PYMNTS

MARCH 7, 2017

With the popularity and convenience of online shopping, it’s no surprise more retailers are looking to invest in various technologies to help provide a better in-store experience. In Zebra Technologies’ 2017 Retail Vision Study , it was found that a majority of retail decision makers are planning to invest in IoT.

Study 109

Study Retail Data Analytics 109

PYMNTS

DECEMBER 28, 2020

“Combining forces with FedEx will open up possibilities for creating amazing online experiences and delivering new innovations for everyone we serve.”. That organization will be geared toward using the power of the FedEx information ecosystem to reshape the online and tangible client experience. FedEx reported on Dec.

Branding 225

Branding Retail Innovation Online 225

PYMNTS

JULY 3, 2020

Retail CEOs faced a parade of problems in 2020’s first six months, but some executives look ready to set off plenty of fireworks in the year’s back half. . Here’s a July 4 th look at some top executives in retail who seem ready to declare their independence from business as usual in 2020’s final six months. . John Donahoe, CEO, Nike.

Retail 267

Retail Apple Branding Marketing 267

PYMNTS

SEPTEMBER 30, 2020

But Johan Gerber , Mastercard ’s executive vice president of security and cyber innovation, told Karen Webster in a recent conversation that too often consumers are dealing with merchants they did shop with, but whose names showed up funny on credit card statements and weren’t immediately recognizable.

Cards 220

Cards Online Fraud US 220

PYMNTS

MAY 20, 2020

The last several weeks have certainly made for unexpected and unprecedented times for consumers and all players in the retail ecosystem and left a lot of businesses standing at a crossroads as they face the back half of 2020 and questions about what to do next. In other words, trust has become a primarily valuable currency of late.

Retail 189

Retail Branding Innovation US 189

PYMNTS

JANUARY 22, 2019

Financial Innovation Now (FIN) submitted a public letter in December, contending that the Fed was best-positioned to operate a ubiquitous, interoperable real-time payments network. Innovation, flexibility and agility helped drive WEX ’s acquisition of Discovery Benefits, Inc. All this, Today in Data. DBI) in 2018.

Data 167

Data Payments Innovation Study 167

PYMNTS

JANUARY 8, 2021

The year 2020 meant big changes for retailers that had primarily defined themselves by physical interaction as brick-and-mortar merchants were forced to adapt to an eCommerce-focused world as their best option for holding on to their now homebound customer base. percent for online and 1.4 percent) compared to the top 30 merchants (0.8

Retail 261

Retail Online Mobile Customer Experience 261

PYMNTS

DECEMBER 14, 2020

POWDR chose to partner with Square because they help elevate the guest experience from enabling fast, secure, contactless payments to integrated online-ordering solutions,” Justin Sibley , co-president of POWDR, said in the release. Ski resorts are like small cities, with restaurants, retail shops, ticketing and hospitality.

Vermont 257

Vermont Nevada Oregon Utah 257

PYMNTS

SEPTEMBER 25, 2019

consumers forecast to be shopping online by 2021. The good news is that advances are ever-emerging to make payments safer but faster at the same time – and in some markets, they’re catching on en masse. The less good news? There is still a lot more progress to be made ahead of the payments ecosystem. Data: 230 million: Number of U.S.

Innovation 128

Innovation Payments Branding Data 128

PYMNTS

DECEMBER 14, 2020

There are less than two weeks until Christmas, and the retail industry, as per usual in 2020, finds itself in uncharted territory. And just weeks after they could open for limited business, malls and department stores are threatened with another nonessential retail shutdown as the virus surge rages on. Metrick certainly thinks so.

Retail 223

Retail Study Online Tools 223

PYMNTS

AUGUST 7, 2020

While the barriers to reaching an international consumer base are low thanks to innovations in eCommerce, online retailers and merchants still struggle to provide their global consumers with the same payments experience their domestic ones have. Visa recently announced a new policy to help shoppers alleviate this pain point.

Policies 302

Policies Online Retail Payments 302

FICO

MAY 27, 2021

A Dozen Top Achievers in 2021. Earlier this year we provided a list of the winning companies in our 2021 FICO® Decisions Awards. This year the 12 winners have demonstrated extraordinary innovation in very different industries and markets. . Decision Management Innovation. Decision Management Innovation.

Analytics 52

Analytics Fraud Management America 52

PYMNTS

JANUARY 1, 2021

It will reflect the work-from-home (WFH) changes that we made not only to slow down the spread of a deadly virus, but also those innovations that employers and employees liked the best. Here’s a look at the future of connected work and five key areas that will be different in 2021. The Digital Shift. Athleisure Tops Business Casual.

Trends 283

Trends Meeting Retail Online 283

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. That number is set to increase to $33 billion by 2021.

Online 111

Online social media Retail New York 111

PYMNTS

DECEMBER 30, 2020

Whether through the use of online marketplaces or proprietary supplier portals, B2B sellers embraced the opportunity to connect with business customers online, while buyers reciprocated by sourcing, procuring and paying for goods the way they do in their personal lives. Embedded Finance.

Online 302

Online Meeting Payments Fintech 302

PYMNTS

AUGUST 14, 2020

While the migration of sales workflows from in-store to online hasn’t historically relied on guidance or input from the treasury department for a successful shift, in today’s demanding market, treasurers are in a position to play a far more strategic role in guiding their organizations as they manage new and changing payment flows.

Strategy 295

Strategy Online Payments Management 295

PYMNTS

JANUARY 24, 2020

The two companies plan on delivering a slew of card and real-time payment options, both for in-store and online purchases. Pine Labs, which started as a retail payment provider about 10 years ago, has grown into a payment acceptance, stored value and in-store customer credit company. billion in 2021, and $52.5 billion by 2025.

Payments 152

Payments Innovation Study Meeting 152

PYMNTS

JUNE 8, 2020

Retailers have had to swiftly adapt to markets where online transactions have ballooned exponentially. The [financial] industry has acted quickly to support both consumers and retailers as much as possible through the COVID-19 crisis,” UK Finance said in a recent interview with PYMNTS. “The 14, 2019, deadline.

Payments 150

Payments Regulation Retail Online 150

PYMNTS

DECEMBER 8, 2020

The company says it’s the first national bridal retailer to make this move, and the program’s unique design will earn points for the retailer among its brides as well as its business partners. Cook is bullish on 2021. Because as of Tuesday (Dec. It’s called the Diamond Loyalty Program by David’s.

social media 215

social media Community Retail Leadership 215

PYMNTS

DECEMBER 15, 2020

Debatably the most impactful payments innovation of recent years — and that’s saying something — BNPL is having a massive impact on retail, as evidenced by the proliferation of brands and the steady flow of venture capital to players that are defining the space. It’s hard to say which is the best part of buy now, pay later (BNPL).

Millennials 256

Millennials Report United States Study 256

Perficient

MARCH 3, 2023

Conclusion The last online article in our series of 3 blogs concludes with the need for product ownership and project management skills to be utilized on your supply chain visibility journey to ensure any technical builds are done in a coordinated manner.

blockchain 275

blockchain Management Regulation Resources 275

PYMNTS

OCTOBER 14, 2020

Retailing used to be about three things: location, location and location. This week retailers are showing signs that they’re concerned about the first mile — product availability — as well as the last mile. Bed Bath & Beyond wants to close 63 stores by February 2021, stretching that number to 200 over the next two years.

Retail 130

Retail Strategy Management Survey 130

PYMNTS

AUGUST 20, 2019

The needs of children are a driving force for online and mobile innovation and disruption. It’s not exactly unusual these days, of course, to find multiple eyeglass options online for both adults and children – the purchase of glasses was traditionally an expensive and friction-filled process before the spread of online sales.

Mobile 153

Mobile Los Angeles Minneapolis Trends 153

PYMNTS

OCTOBER 25, 2017

by 2021, the press release reported. We are extremely proud to work with an innovative partner like UnionPay International to expand their card acceptance throughout the United States.”. The partnership will eventually extend to the 4 million merchant locations First Data serves.

Data 100

Data Cards United States US 100

PYMNTS

JANUARY 25, 2021

Recent developments have many around the world cautiously hopeful that 2021 will be very different from 2020, that COVID-19 vaccines will finally reverse the pandemic’s course and that life will get return to some semblance of normality. consumers want better buy online, pickup in store (BOPIS) options.

Study 222

Study United States Online Innovation 222

NCR

FEBRUARY 14, 2017

Some businesses might view investing in modernization and innovation as a risk. But in industries like retail banking, where technology is at the heart of change, staying still is more likely to be one of the biggest risks a financial institution (FI) could take, such is the anticipated pace of change in the next few years.

Retail 75

Retail ATM Innovation Security 75