PYMNTS

OCTOBER 22, 2020

Online clothing retailer ThredUP has filed confidentially for an initial public offering (IPO) in the U.S., Another used clothing retailer, Poshmark , also recently filed for IPO, after delaying that move for around a year to focus on growing sales and boosting its business. Bloomberg reports.

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Oakland California Retail Strategy 222

PYMNTS

MAY 19, 2020

CEO Michelle Gass said in a Tuesday (May 19) first-quarter earnings call with analysts that the retailer amplified its digital marketing efforts and revised its online site content. The retail executive said home was the most formidable category, with digital sales rocketing over 50 percent for the quarter. billion and $1.75.

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PYMNTS

OCTOBER 8, 2019

Basketball is one of the most popular sports – if not the most popular sport – in China, but there’s a little less NBA available today for online shoppers in that country, according to reports. The move comes after the general manager of that U.S.-based The exports of products sold online from the city were expected to reach $4.3

Retail 116

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PYMNTS

APRIL 14, 2020

COVID-19 could mark the true rise of the robots in retail. As an example, Ocado, Britain’s leading online grocer, has had to stress-test an experimental program to automate its warehouses. Autonomous service and delivery robots are poised to better serve – and possibly save – retailers,” noted a report in Robotics Business Review.

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San Francisco Retail Examples Mobile 278

PYMNTS

JUNE 22, 2020

The ABL facility, which takes the place of the retailer’s existing unsecured revolving credit facility, expires in June of 2023, according to a statement. The retailer said it has put measures into place to make its financial position and liquidity more formidable amid the challenge of the coronavirus pandemic. billion credit facility.

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Retail Capital Security Meeting 141

PYMNTS

SEPTEMBER 27, 2019

Brick-and-mortar retailers are expanding their efforts to provide customers with health and wellness services while taking steps to train their employees for healthcare roles. The retailer’s 1.5 On another note, Best Buy is seeking revenue of $50 billion by fiscal 2025. million U.S. billion to $43.6 billion for fiscal 2020.

Branding 101

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PYMNTS

SEPTEMBER 23, 2019

Meanwhile, better spend management is doing wonders in other parts of the economy, B2B is getting more integrated and fraud prevention is getting more robust. 51 percent: Estimated CAGR of global SMB online platform market through 2025. 51 percent: Estimated CAGR of global SMB online platform market through 2025.

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PYMNTS

MARCH 12, 2018

Artificial intelligence (AI) is making itself right at home in the retail industry. In 2016, AI in the retail market totaled $712.6 By 2025 — less than a decade later — it’s projected to reach $27,238.6 million — a 38-fold increase — according to a February 2018 report by The Insight Partners. Why such an astronomical increase?

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Customer Experience Retail Analytics Technology 144

PYMNTS

JULY 9, 2019

Those three words strike at the heart of identity, and mean so very much when it comes to the efficient operation of the global digital economy and its continuing growth, whether via retail, payments, financial services, healthcare or other areas. ID Data Points. Everything is moving toward digital.”.

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Security Online Fraud Samsung 191

PYMNTS

AUGUST 19, 2020

Consumers are accustomed to using digital payment methods to make retail purchases. They can easily pay using digital wallets, cards-on-file or a wide variety of digital payment options online or in store, and transactions are expected to be fast, seamless and simple. Barclaycard On Everyday Spend Management And The Digital Shift.

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Cards Exercises United States System 233

PYMNTS

SEPTEMBER 15, 2020

Amplify ETFs CEO Christian Magoon, who runs the Amplify Online Retail ETF (IBUY), expects to see current Walmart customers sign up, rather than current Prime users making the switch or adding another membership program. Kroger has made progress on the online delivery front with Ocado and has a marketplace partner with Mirakl.

Branding 151

Branding Retail Online Video 151

PYMNTS

JANUARY 31, 2019

Central Group, Thailand’s largest retailer, confirmed Thursday (January 31) that it is investing $200 million in a unit of Grab, the Southeast Asia ride-hailing startup. According to Reuters , citing a statement by Central Group, the retailer said it will “acquire a significant non-controlling stake” in the Thailand unit of Grab.

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Groups Capital Conference Retail 108

PYMNTS

DECEMBER 3, 2018

Excuse the homespun wisdom, but offering weak authentication defenses in the face of those determined young consumers can bring down heavy fines and unwanted attention, and threaten a growing retail or online business. billion by 2025, experiencing a compound annual growth rate (CAGR) of nearly 24 percent. Store Training.

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Online Training Security Data 177

PYMNTS

NOVEMBER 27, 2020

More consumers than ever are turning to online shopping channels to meet their needs during the pandemic, but many are also aware that cybercriminals are looking to capitalize on this stepped-up online activity to steal their card data. Firms are also prioritizing security as they transact online more heavily as well.

Cards 197

Cards Security Tools Online 197

PYMNTS

DECEMBER 4, 2020

Some consumers likely leveraged financial assistance programs to manage through hardship, so it’s important for lenders to keep a close eye on how delinquency rates evolve over the coming quarters,” she said. Surge in Online Sales and Financing. Nonetheless, the improvement is a positive sign for the country’s economic recovery.”.

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Trends US Industry Online 183

PYMNTS

FEBRUARY 27, 2019

Faster payment schemes are advancing worldwide, with the global real-time payments market expected to increase at a compound annual growth rate (CAGR) of 32 percent between 2019 and 2025. As real-time payment schemes spread worldwide, stakeholders need to examine the impact these rails will have on their risk management strategies.

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PYMNTS

JULY 9, 2019

These are just some of the ways that restaurants and third-party online platforms are making it easier for customers to order and pay for their favorite foods from their mobile devices in the digital era: Approximately half – or 49 percent – of large, quick-service restaurants (QSRs) allow in-app payments.

Mobile 179

Mobile Payments Los Angeles Hawaii 179

PYMNTS

AUGUST 20, 2019

Personal experiences can inspire some entrepreneurs to start companies that change the way consumers buy custom sneakers online. Once those shoes drop online, they sell out almost immediately. The artist, in turn, buys the base shoe either online or from a local retailer. billion by 2025.).

Online 116

Online United States Branding America 116

PYMNTS

OCTOBER 5, 2018

That said, the most noteworthy uses of 5G, at least early on, might be far from the direct realm of retail and payments, and involve industrial uses such as better communication among factory robots, or more efficient logistics at container ports. A major 5G trial involving container ships is underway in Hamburg, in fact. “By

Mobile 194

Mobile Retail Data Payments 194

PYMNTS

JULY 27, 2018

The service has taken steps in recent months to create a more open and hospitable atmosphere for users, including the purchase of a San Francisco firm that has tools to combat online harassment and abuse. Security Officials Warn of Potential Supply Chain Hack. Google Bans Apps that Mine User Devices for Crypto.

San Francisco 101

San Francisco Google social media cryptocurrency 101

PYMNTS

DECEMBER 17, 2020

The company began charging for online content in 2011, betting that digital news was the key to its future growth. It aims to reach 10 million subscribers by 2025.”. consumers sign up for streaming services. Engagement And Value Seal The Deal. That’s very pre-pandemic thinking, per the new Subscription Commerce Tracker®.

United States 151

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PYMNTS

AUGUST 27, 2019

Such a move would enable people in need of such space – for, say, retailers or warehouses – to bypass the brokers typically involved in securing that real estate. The industry is expected to produce global revenue of $335 billion by 2025, up from $15 billion in 2015, according to one recent estimate.

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Denver Analysis Trends Resources 134

PYMNTS

JULY 17, 2018

Increasing collaboration promises to help with that task, according to a recent PYMNTS interview with Director of Compliance and Interoperability Kevin Emery at UL , which helps other companies with identity management and security-related issues. All those connected devices will, by 2025, represent an estimated $6.2

Security 102

Security eBook Millennials Industry 102

PYMNTS

JANUARY 22, 2018

Regardless, it’s an interesting data point for why the country’s oldest (and one of the world’s largest) CPGs – with a market cap of $34 billion – might be willing to wager at least some part of its future on a five-year-old company with $100 million in sales that sells bulk food online. From Betty Crocker to Boxed.

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Innovation Online Branding El Paso 135

Insights on Business

FEBRUARY 27, 2019

We moved from telephone banking to online or internet banking. It is hard to remember how we managed with the rudimentary tools of ten years ago; so turn on your imagination and wonder what banking will be like ten years from now. Passwords are no longer the safest mechanism—certainly not for managing money. New business models.

Customer Experience 107

Customer Experience Mobile Millennials Examples 107

PYMNTS

DECEMBER 16, 2019

The demand for those smartphones (and the competition for lowering their prices) will increase as access to faster internet comes online, as developing markets move from 2G/3G to 4G, and as developed markets move from 4G to 5G. That’s not just because consumers can shop and buy online without leaving the house.

Payments 180

Payments Innovation Cards Google 180

PYMNTS

JANUARY 1, 2020

The demand for those smartphones (and the competition for lowering their prices) will increase as access to faster internet comes online, as developing markets move from 2G/3G to 4G, and as developed markets move from 4G to 5G. That’s not just because consumers can shop and buy online without leaving the house.

Innovation 174

Innovation Cards Google Payments 174

PYMNTS

MARCH 22, 2019

Like all retailers, Amazon decides which products to market and promote in our stores based on a variety of factors, such as relevancy, availability, profitability and other factors,” the spokesperson said. Instead, store managers are “empowered to take care of their customers and serve them the way they think is best.”.

Video 108

Video Branding Fort Worth Google 108

PYMNTS

DECEMBER 2, 2020

Consumers are increasingly concerned about protecting their payment details from fraud when shopping online,” according to PYMNTS’ November 2020 Next-Gen Debit Tracker ® done in collaboration with PULSE , a Discover company. trillion in spending this year and $5 trillion in 2025. Virtual cards are expected to facilitate $1.6

Cards 150

Cards Security Fraud ATM 150

PYMNTS

JANUARY 25, 2019

It is an effect that Amazon-owned Zappos would like to recreate in the digital world – an online hub where runners can not only buy the shoes they want, but also get advice, accessorize and connect with other running enthusiasts. And that small community Zappos built last year did manage to stay more inspired and motivated than average.

Community 116

Community Exercises Data Management 116

CB Insights

SEPTEMBER 10, 2018

The Future of healthcare in 2025. The chart below shows the average revenue and profit received by pharmaceutical supply chain stakeholders for every $100 spent at a retail pharmacy. Pharmacy benefits managers (PBMs): Negotiate drug prices with manufacturers on behalf of their payer clients. Please click to enlarge.

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Company Marketing Payments Online 70

FICO

AUGUST 26, 2021

This trend is expected to continue, with a global annual compound annual growth rate (CAGR) of nearly 24% predicted between 2020 and 2025. Falcon X gets banks started quickly in fighting real-time payments fraud with next-generation capabilities including: Pre-mapped data integration for retail banking payments.

Fraud 52

Fraud How To Payments US 52

CB Insights

JUNE 17, 2020

In the wake of the outbreak, everything from doctors appointments to schooling to workouts went online. Education: Technology and online content make the classroom optional. Online courses & content. Retail: Shopping goes even more online as grocery joins the e-commerce revolution. Online grocery.

Industry 101

Industry Technology Online Video 101

CB Insights

MARCH 2, 2018

BRIEFING: Surviving the Retail Apocalypse. How are brick-and-mortar retailers surviving and adapting in the world of digital commerce? They also know how successful a retailer can be if it builds a leading e-commerce presence and brings a country into online retail. First Name.

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Regional Retail Marketing Online 68