PYMNTS

SEPTEMBER 11, 2019

Virtual reality could have more retailers reach more consumers in the coming few years — in large part by upping the consumer experience. and Europe by 2022. and Europe by 2022. billion for retail and marketing in the year 2022, with revenues from VR initiatives expected to increase by 3,000 percent over the next four years.

Retail 192

Retail San Diego San Francisco Branding 192

PYMNTS

JANUARY 26, 2021

In today’s top retail news, the U.S. The retailer said the move is part of a plan to execute a “store footprint optimization plan, including the contemplated exit of unprofitable locations.” A new Federal Reserve Bank of New York study indicates that individuals foresee the economy will rebound by 2022. L’Occitane’s U.S.

Retail 239

Retail US New Jersey New York 239

PYMNTS

JUNE 15, 2020

The pandemic’s harsh impacts on retail continue to show themselves as brands report plummeting quarterly earnings and eye additional store closings. Inditex revealed what could be a blueprint for a novel online-offline model , while Ulta Beauty appears to be mulling the same strategy. 1 to April 30 due to the pandemic. €1B

Retail 150

Retail America Data Strategy 150

PYMNTS

SEPTEMBER 4, 2018

A new report says that India’s e-commerce market could hit $150 billion by 2022 due to rising incomes and a boost in Internet users. And the growing e-tail market could grow at a compounded rate of 30 percent each year to surpass $60 billion in market size by 2022.

Marketing 128

Marketing Retail Leadership Study 128

PYMNTS

DECEMBER 6, 2020

will hire 200 people before launching publicly in early 2022, Bloomberg reported. Bloomberg reported that Charles Wong , who will be chief executive of the new digital bank, said in an online briefing Friday night that the 200 new hires will work in technology in general — and in some cases, financial technology in particular.

Digital Banking 170

Digital Banking Operations US Financial Technology 170

PYMNTS

JANUARY 15, 2021

“PYMNTS’ research shows that roughly three out of four consumers who have shifted to shopping online since the pandemic began have no intention of such a return. Consumers, after all, have already grown accustomed to the convenience of shopping and ordering online.". Mark The Date: January 12, 2022 . 12, 2022,” per the study.

Study 132

Study Online social media Retail 132

PYMNTS

FEBRUARY 14, 2019

From 7-Eleven to H&M , retailers are adopting digital payments and artificial intelligence (AI) technology to bring more convenient experiences to their customers. And retailers with brick-and-mortar locations in North America are starting to accept Chinese mobile payment systems.

Retail 129

Retail Online Payments United States 129

PYMNTS

DECEMBER 17, 2020

Fashion retailer rue21 (r21 Holdings, Inc.) The retailer modified its asset-based credit facility to bolster availability to $155 million due 2025 headed up by Bank of America, N.A. The retailer also opened three new physical retail shops, with another 15 in the works for 2021. million members. The merchant’s new $1.3

Retail 141

Retail Pennsylvania America Capital 141

Independent Banker

OCTOBER 31, 2022

ITMs and VTMs are popular retail banking innovations among community banks. What’s on the horizon for retail banking? According to a new report from PwC titled “Retail Banking 2025 and Beyond” (see sidebar), the retail banking industry is undergoing tremendous change—but, of course, community bankers already know that.

Banking Trends 151

Banking Trends Retail Trends Community Bank 151

PYMNTS

JANUARY 24, 2019

Before consumers started to trade brick-and-mortar shopping experiences for eCommerce websites, retailers could bring customers through their doors with window displays. According to the PYMNTS Virtual Reality In Retail Report , there are expected to be 100 million AR/VR headset users by 2022.

Retail 204

Retail Training New York City Technology 204

PYMNTS

JANUARY 21, 2020

Don’t look now, but virtual reality and augmented reality are starting to make bigger gains in the retail world. The spread of VR and AR technology is not confined to physical retailers, either — eCommerce giants are getting into the game as well. billion via retail and marketing in 2022. Larger Trends.

Retail 210

Retail Trends Washington Technology 210

PYMNTS

MAY 8, 2020

consumers more frugal, but other individuals are still turning to retail therapy to cope with stresses. Online gambling or gaming is one possible outlet, and the sector may even make it through the pandemic with less financial damage than other industries. Online Gambling Changes . Shopping on mobile devices has increased 7.7

Online 176

Online Industry New Jersey Pennsylvania 176

PYMNTS

FEBRUARY 28, 2017

percent between 2017 and 2022. At this rate, by 2022 the warehouse robotics market will have grown to a value of some $4.44 In the report , Research and Markets projects that the warehouse robotics market is expected to grow at a compound annual growth rate of 11.8

Study 100

Study America Industry Regional 100

PYMNTS

APRIL 25, 2019

Might Macy’s be a better landlord than retailer? have been hurt as shoppers make more purchases online, forcing retailers to think of ways to either downsize their footprints or repurpose their stores. The year got off to a bumpy start for the retail chain, as holiday sales slumped when they were supposed to soar.

Retail 122

Retail Los Angeles New York City New York 122

BankBazaar

FEBRUARY 22, 2022

We’ll help take you from ‘intrigued’ to ‘convinced’ in a flash, with the top Credit Cards of 2022 ! Other non-fuel retail purchases. Pre-qualified customers applying via BankBazaar can avail a 100% contactless online application process without submission of income proof. How to apply for the SimplySAVE SBI Card online?

Cards 78

Cards Online Samsung Retail 78

PYMNTS

JANUARY 8, 2021

Amazon has ended one of its first efforts to sell food online, with the eCommerce retailer closing its Prime Pantry service. As noted at the time, a notice posted by the eCommerce retailer on its Prime Pantry page said the service was temporarily closed and that the firm was “busy restocking.”.

Maine 269

Maine Retail Customer Experience Report 269

PYMNTS

NOVEMBER 15, 2019

The upcoming holiday shopping season is expected to break records in online spending, according to a study by Adobe Analytics. 28, which is six days later than last year — meaning retailers have a whole week less to sell during the holidays. What does this mean for retailers heading into the holiday shopping season?

Retail 128

Retail Mobile Millennials Tools 128

PYMNTS

NOVEMBER 15, 2019

The upcoming holiday shopping season is expected to break records in online spending, according to a study by Adobe Analytics. 28, which is six days later than last year — meaning retailers have a whole week less to sell during the holidays. What does this mean for retailers heading into the holiday shopping season?

Retail 124

Retail Mobile Millennials Tools 124

PYMNTS

JANUARY 23, 2019

Just consider the news this week: Truebil , an online marketplace for buying and selling secondhand cars, has raised $14 million in a Series B round led by Japanese investor Joe Hirao, the founder of ZIGExN. China, too, is experience growth in online sales of used cars. Phones and Luxury Watches. Phones and Luxury Watches.

Online 133

Online Retail Data Maine 133

PYMNTS

AUGUST 23, 2017

Cloud-based software firm Tulip Retail , which provides a mobile app suite for store associates in retail settings, has raised $40 million in its latest funding round. Asaria told Reuters he hopes to launch an initial public offering (IPO) by 2022 or 2023.

Retail 101

Retail Software Mobile Online 101

PYMNTS

APRIL 18, 2019

The second time is the charm — that holds true for Neiman Marcus, and the hot retail trend the chain is tapping into (again). Retailers are increasingly turning their sights to resale commerce. The latest evidence for that came this earlier this week from the high-end retail chain. Resale Factors. Resale Growth.

Retail 117

Retail Online Trends Course 117

PYMNTS

DECEMBER 21, 2018

It’s a tale of two kinds of brick-and-mortar retailers amid the rise of eCommerce: Some traditional department store chains like JCPenney and Macy’s are shuttering stores, as some retailers with other business models are more than surviving. TJX, the owner of off-priced retailers like T.J.

Retail 170

Retail Los Angeles Branding Trends 170

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

JANUARY 17, 2020

The latest issue involves eSports – one of the rising trends in digital commerce , and one of the ways through which some mall and brick-and-mortar operators hope to revive those retail properties. billion in 2022.”. State Pressure. All that growth is now reportedly attracting the attention of the tax man. “One Taxing Confusion.

Taxes 132

Taxes Online Policies Philadelphia 132

FICO

DECEMBER 9, 2021

As the end of the year approaches, financial institutions are preparing for 2022 by pivoting their focus towards digital transformation initiatives that add real value for their customers and their bottom line. In 2022, more financial institutions will also focus on humanizing their digital experiences. Playing Digital Catch-Up. .

Trends 52

Trends Report Customer Experience Data 52

FICO

DECEMBER 14, 2021

As we move forward into 2022, we are seeing the first signs of some interesting trends that will pick up pace across borders. As such, we’ve seen a slow emergence of a black market for the sale of fake vaccine passports and it is on its way to becoming a lucrative industry in 2022. 70% of those scams originated on an online platform.

Fraud 52

Fraud Management Data Trends 52

Perficient

FEBRUARY 17, 2023

Embedded Payments A 2022 study published by the Federal Reserve Bank of San Francisco noted that app payments increased as a percentage of total consumer purchases from 11% in 2019 to 15% in 2020, to 29% in 2021.

San Francisco 275

San Francisco Cards Online Payments 275

The Paypers

JULY 12, 2022

UK-based digital lending marketplace Freedom Finance has released a report finding that the retail store and online credit sector experienced its fastest ever start to a year in 2022.

Retail 36

Retail Study Lending Online 36

PYMNTS

AUGUST 10, 2018

Traditional retail locations, ranging from fashion and home furnishings to hardware and department stores, have been forced to make significant changes in the face of heightened competition from eCommerce giants like Amazon and omnichannel powerhouses, like Walmart and its online unit, Jet.com.

Digital Strategies 104

Digital Strategies Retail Strategy Los Angeles 104

PYMNTS

AUGUST 16, 2017

More human and less robotic is the sound of the beating retail drum this year. To provide more human-like responses, cognitive computing is key, and the retail industry is taking note. Retail executives are increasingly more confident in the use of artificial intelligence and natural language processing. Over a quarter of U.S.

Retail 110

Retail Industry System Technology 110

CFPB Monitor

SEPTEMBER 22, 2022

The public comment period for the notice of proposed rulemaking (“NPRM”) regarding the Motor Vehicle Dealers Trade Regulation Rule (the “Rule”) closed on September 15, 2022 after the FTC declined in August to extend it. These included many comments seeking stronger consumer protections.

Regulation 148

Regulation Groups Customer Experience Retail 148

PYMNTS

AUGUST 9, 2017

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

Mobile Retail Metro Online 110

PYMNTS

JULY 21, 2020

As it begins a new period of growth, ALDI intends to open over 70 new retail locations by the conclusion of 2020. As it stands, the company operates 180 retail locations in Florida as well as Alabama. ALDI also said it has grown its online shopping selections.

Alabama 159

Alabama Phoenix Arizona Florida 159

American Banker

DECEMBER 14, 2023

Retail customers at large banks were a bit more satisfied this year than in 2022, a new J.D. However, more of those same customers are moving cash to — and seeking advice from — wealth management firms and online banks. Power study finds.

Study 36

Study Retail Online Management 36

FICO

JANUARY 10, 2023

Top 5 Fraud Posts for 2022: Scams, Contactless and Money Mules. Here are the five most-viewed posts from 2022 on the FICO Blog related to fraud. Fraud Trends for 2022: Top 5 Includes "Scamdemic" and Bad Bots. Card Skimming Fraud Grows 700+% in First Half of 2022. FICO Admin. Tue, 07/02/2019 - 02:45. These included: 1.

Fraud 52

Fraud Cards Analytics Oakland 52

CFPB Monitor

OCTOBER 5, 2022

On October 3, 2022, the Federal Reserve finalized a rule expanding Regulation II (Debit Card Interchange Fees and Routing), the implementing regulation for the Durbin Amendment. See the banking industry group February 1, 2022 letter to the Federal Reserve on behalf of the community banks.

Regulation 78

Regulation Cards Community Bank Community 78

PYMNTS

NOVEMBER 15, 2018

In early November, grocery group Ahold Delhaize — the world’s eighth biggest grocery retailer — said it would launch automated warehouses to speed up completion of orders and slash delivery times. percent last year — said it would test the use of robots to help it fill online grocery orders quicker. percent between 2017 and 2022.

Industry 189

Industry Retail Trends Analysis 189