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Why The Mobile Shopping Experience Needs Retail

PYMNTS

According to recent research , mobile commerce is expected to grow at a more than 30 percent rate through 2022. But, while more consumers are heading to mobile retail channels, the personal experience and ability to touch and preview items in-person offered by physical stores still holds allure for roughly 70 percent of shoppers.

Mobile 110
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Flipkart To Compete With Amazon Via Video Streaming

PYMNTS

A streaming service could aid in leveling the playing field with the eCommerce retailer. The services are competing in a market that could reach 829 million smartphones users by 2022, up from half a billion today, per estimates from Cisco Systems Inc.

Video 108
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Are Retailers Ready For Amazon?s Prime Time?

PYMNTS

Then I went to Whole Foods on the North Shore of Boston Saturday morning to do some grocery shopping. I’ve been a Whole Foods shopper since I moved to Boston 17 years ago for the same reasons that each of you may be too: organic meat, seafood, produce and foods, great bread and cheese and a fun vibe. Prime Time at the Grocery Store.

Retail 156
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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
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Shopping Malls Are Evolving, But They’re Not There Yet

PYMNTS

Are shopping malls doomed to fall by the wayside along with retail trends of the past? This year, Boston Retail Partners principal analyst Ken Morris shared his thoughts with Glossy on the closing department stores and what’s happening as a result. Not quite yet. But what’s interesting is what’s happening to the good malls.

Retail 133
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SWIFT Warns India Of ‘Unprecedented’ Rise In Corporate Loan Defaults

PYMNTS

In a statement at the time, the FI’s CEO, Rana Kapoor, said the B2B payment landscape was in the midst of a “tectonic shift with the influx of new financial technologies revolutionizing the way banking services are offered to corporate and retail customers.” Rising Risks, Demand For Digitization: A Double Threat.

Lending 100
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Is It Time For Apple To Allow Others Access To The iPhone NFC Chip?

PYMNTS

And you can see it in the hustle by retailers and brands large and small to pivot their businesses and business models — and the disclaimers on just about every retail site starting a week or more ago that orders placed online might not make it in time for Christmas. percent of all retail sales. consumers — 47.2 Share of U.S.

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