PYMNTS

DECEMBER 30, 2020

The December edition of the Buy Now, Pay Later Tracker® explores how consumers’ shifts toward using BNPL solutions in stores and online accelerated during the holiday shopping season, as well as how this trend is poised to grow in the year ahead. could become an even more competitive market for BNPL solutions in the future.

Payments 276

Payments Trends Millennials United States 276

PYMNTS

NOVEMBER 9, 2020

As COVID-19 continues to modify ideas around how we shop and pay, consumers and B2B buyers are also making choices about where to shop: online or in-store? Now there are signals that a physical retail rebound is forming up. Another example is Amazon, whose touchless retail concepts give a good look at in-store experiences to come. “Of

Retail 261

Retail Millennials Online Tools 261

PYMNTS

SEPTEMBER 28, 2020

Not every product launches smoothly (RIP Fire Phone ), not every new endeavor delivers (Amazon’s flirtations with offering a travel platform ended abruptly) and not every new market immediately yields. The degree to which consumers intend to continue shopping online seems to depend on the types of products and services they purchase.

Marketing 237

Marketing Survey Online New York 237

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. FinTechs To The Rescue?

Fintech 291

Fintech Examples Industry Management 291

PYMNTS

JUNE 10, 2020

As retail reopens and starts to spur some optimism for the future, a dark number appeared on the scene on Tuesday (June 10). Coresight released a report that says 25,000 retail storefronts will close by the end of the year. Alternative research and other market dynamics make such a scenario seem unlikely. percent of U.S.

Retail 131

Retail New York City Online Trends 131

PYMNTS

DECEMBER 29, 2020

parent company of luxury online retailer Mytheresa , announced that it's filed a registration statement with the SEC for an initial public offering (IPO), according to a press release. found that the market fell 23 percent this year. According to reports, Mytheresa is looking at an early 2021 date to go public.

Company 159

Company Retail Study Online 159

PYMNTS

SEPTEMBER 9, 2020

Regardless of what happens with the sale of TikTok, social commerce could become a retail factor to reckon with in Q4, and is definitely ready for its close-up in 2021. In fact a new report puts the global market for social commerce at $89.4 billion this year and says it will reach $604.5

Marketing 209

Marketing Report social media Course 209

PYMNTS

AUGUST 2, 2018

Retail is undergoing a reinvention with the rise of eCommerce, and merchants are trying new approaches to their brick-and-mortar stores. Overall, retailers such as Nordstrom are changing their models as an increasing amount of retail spend is now being completed away from physical retail stores. Retail spending saw a 1.6

Retail 102

Retail Marketing Los Angeles Online 102

PYMNTS

MAY 11, 2020

As retailers, especially those marked non-essential, move to digital commerce platforms they’re also finding new ways to stay in touch with customers during the pandemic. According to eCommerce automation and analytics platform Yotpo, more than 65 percent of online shoppers are browsing or buying from their mobile devices.

Retail 176

Retail Branding Mobile Analytics 176

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

JANUARY 11, 2021

That network, in combination with Equifax, will use advanced technologies to connect data “signals” that stem from 32 billion online interactions, five billion annual transactions and 17 billion unique devices across the globe, as the company said in its announcement tied to the acquisition. The deal is anticipated to close in Q1 of 2021.

Fraud 158

Fraud Online ATM United States 158

PYMNTS

NOVEMBER 17, 2020

As more and more people look to complete everyday errands from home, pharmacy is an important and needed addition to the Amazon online store,” Doug Herrington , senior vice president of North American consumer, Amazon, said in a statement. As of early 2021, the Sam’s Club app will have prescription delivery options available.

Marketing 181

Marketing Online Retail Branding 181

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. Merchants need to bridge this gap as digital connectivity pushes the retail world’s boundaries. The Rise of Visual Search.

Retail 143

Retail Millennials Tools social media 143

PYMNTS

DECEMBER 22, 2020

The automotive market continues to fire on all cylinders despite the pandemic as online and offline sales have either remained flat or trending up for Q3. CarMax’s business model is rooted in the physical dealership model as the company has increasingly leveraged its online channels. But not for long.

Marketing 165

Marketing Online Trends Branding 165

PYMNTS

SEPTEMBER 29, 2020

In today’s top retail news, holiday spending is expected to be flat this year, Bed Bath & Beyond rolls out same-day delivery and Target goes up against Amazon Prime Day with “Deal Days.” And the digital-first economy will drive the difference between success and failure for many retailers. But these are the easy points.

Meeting 134

Meeting Retail Minneapolis Seattle 134

PYMNTS

JULY 15, 2019

Starbucks has designed a new store around order-ahead and delivery as the upstart coffee company Luckin Coffee takes hold in the Chinese market. This new retail format and design approach provides us with a platform to offer customers a fast and convenient retail experience to suit their on-the-go lifestyle.”.

Online 131

Online Retail Mobile United States 131

PYMNTS

AUGUST 14, 2020

The company saw strong momentum in its business model marked by the acceleration of online adoption during the pandemic, attracting a record amount of new customers. Given the extraordinary and ‘one-off’ nature of this headwind, we expect a strong rebound in revenue growth in 2021-22,” Bank of America reported.

Marketing 153

Marketing America Branding Report 153

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

SEPTEMBER 4, 2019

Since 1992, when eCommerce was still in its infancy, online retailers have not had to collect sales tax. consumers are expected to be shopping online by 2021. Will this increasingly regulated online sales tax environment affect this growth? Online Sales Tax and Marketplaces. Online Sales Tax and SMBs.

Taxes 129

Taxes Online South Dakota Louisiana 129

PYMNTS

AUGUST 21, 2020

When Walmart announced Q2 earnings earlier this week, the nation’s largest retailer announced twin blowout performances in both its eCommerce and same-store sales. McMillon added that if the grocery category continues on its current trajectory, it will add $8 billion to the company’s top line by 2021’s end. Same-store sales rose 9.3

Online 160

Online Seattle NV Oklahoma 160

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 3, 2019

consumers are expected to be shopping online by 2021. Merchants working to expand and sell online in more markets must comply with each market’s local sales tax regulations, however, and that is an increasingly complicated task. New online sales taxes aren’t just the dominion of the U.S.

Taxes 133

Taxes South Dakota Online Report 133

MyBankTracker

JANUARY 19, 2021

Here are some of the consumer banking trends that we believe will take hold in 2021. Having tried digital banking for the first time, they go on to discover the ease and convenience of the online and mobile banking platforms. Although the stock market plummeted as coronavirus cases increased, there was a massive spike in investing.

Marketing 52

Marketing Banking Trends Trends Cards 52

PYMNTS

DECEMBER 16, 2020

“This is the domino effect as asset managers tumble their portfolios into bitcoin,” Charles Hayter, CEO of market data provider CryptoCompare, told CNBC. In addition, major Wall Street firms like S&P Global and Cboe Global Markets have been getting into the area of crypto market-data services.

Bitcoin 343

Bitcoin cryptocurrency Training Marketing 343

PYMNTS

OCTOBER 15, 2020

consumers have gone from retail shopping in stores to shopping online since the pandemic began, while 16.6 percent have shifted from grocery shopping in stores to doing so online. percent of them have gone online to order takeout or delivery from restaurants where they used to dine. PYMNTS research shows that 41.9

Data 213

Data Retail Online United States 213

South State Correspondent

MAY 9, 2024

As the risk of a recession gets pushed out by the market, so does the risk of credit. This data is critical for pricing, capital allocation, and marketing. In 2021, we published articles warning bankers against higher rates (for example, HERE ) and the resulting impact on credit.

Data 195

Data Trends North Dakota Capital 195

PYMNTS

JANUARY 21, 2021

The pandemic has driven consumers to make the bulk of their purchases online, leading many businesses and retailers to struggle with securing their digital infrastructures and payments processes while managing floods of orders. retailers have digital oversights that leave them vulnerable to attacks. Debit And The Fraud Catch .

Fraud 148

Fraud Strategy Study Cards 148

PYMNTS

JANUARY 19, 2021

19) that it has finished its sale of Cost Plus World Market (CPWM) to California-based private equity firm Kingswood Capital Management, according to a statement. These efforts will help fund our transformation and put us in the position to start fiscal 2021 with a more cohesive set of core businesses in Home, Baby, Beauty & Wellness.

Marketing 130

Marketing California Branding Capital 130

PYMNTS

AUGUST 13, 2018

“By 2021, we believe it is likely that advertising operating income will exceed AWS … investors should be focused on Amazon advertising now; this is a major driver to results and valuation today, and continuing in the coming quarters and years,” wrote Olson. The analyst has a $2,100 price target on Amazon.

Google 100

Google Marketing Retail Report 100

PYMNTS

JANUARY 8, 2021

Warehouse club retailer PriceSmart, Inc. reported as part of its Q1 fiscal 2021 operating results that net merchandise sales climbed 7.7 PriceSmart delivered solid results for the first quarter of fiscal year 2021. In November, mobility restrictions were reduced in many of our markets. million for Q1 fiscal year 2021.

San Diego 131

San Diego United States Operations Retail 131

PYMNTS

FEBRUARY 10, 2020

Amazon holds the dominant edge in the market for smart speakers, as about 70 percent of people in the U.S. That makes the online retail behemoth the definite leader in that field, and it’s expected to hold that lead through 2021, according to estimates from eMarketer. 9) by eMarketer.

Marketing 132

Marketing Google US Branding 132

PYMNTS

OCTOBER 21, 2016

Retailers that are unable to call on substantial financial reserves are struggling in the current environment. Consumers want everything these days, from online shopping with one-click ordering and fast delivery to an exciting and high-tech shopping experience at physical stores. Here’s an update on some of the recent casualties.

Retail 100

Retail Marketing Branding Austin 100

PYMNTS

OCTOBER 14, 2020

13) that it will partner with cross-border eCommerce company eShopWorld (ESW) to give Movado shoppers a localized, online shopping experience. Movado has also been adding to its product lines to reach more of the younger consumers who shop online. Movado is hardly the only brand making moves online recently.

Video 181

Video Branding Meeting Retail 181

PYMNTS

MARCH 7, 2017

The online world has had a major impact on the retail industry over the past decade. Retailers have been in a frenzy over the last few years to find ways to both embrace the eCommerce arena while at the same time attract customers into their brick-and-mortar locations.

Study 109

Study Retail Industry Technology 109

PYMNTS

NOVEMBER 30, 2020

The shift in consumer preference is altering the market, shifting valuations and creating entirely new species of demand in the shopping population. And the promotional period will stretch across the week at many retailers. “We Digital Sales Surge on Black Friday. Cyber Monday Looks to Be the Biggest Digital Shopping Day to Date .

Retail 150

Retail Analytics Marketing Online 150

PYMNTS

SEPTEMBER 18, 2019

billion consumers around the globe are projected to be shopping online by 2021, presenting a tempting opportunity for the subscription businesses that can tap into this robust international customer base. This month’s Deep Dive examines key strategies subscription merchants can use to succeed in international markets.

Marketing 108

Marketing Cards Mobile Online 108

PYMNTS

FEBRUARY 1, 2021

Our goal is to create greater transparency with our guests and efficiency for our dealers – whether that's in the showroom or online," said Andrew Gilleland , group vice president and general manager, Lexus Division. There are “plans to aggressively bring more SmartPath dealerships to market through 2021,” according to the announcement.

Branding 203

Branding Online Technology America 203