PYMNTS

SEPTEMBER 11, 2019

CBD has in short order become something of a retail fad. Short for cannabidiol, CBD is a chemical derived from cannabis plants that is increasingly favored for a whole host of medical and wellness related applications across the retail spectrum. Because the market is indeed growing in the U.S. – Probably not.

Marketing 124

Marketing US Branding Retail 124

PYMNTS

JULY 5, 2020

The Indonesian eCommerce retailer backed by SoftBank Group Corp. ’s the Chinese multinational technology company specializing in eCommerce, retail, Internet, and technology, led a $1.1 s Google and Temasek would be major scores for one of Southeast Asia’s biggest eCommerce operators. Google and Temasek Holdings Private Ltd. ,

Google 264

Google Regional Retail Groups 264

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.

Retail 235

Retail National Report Capital 235

PYMNTS

OCTOBER 28, 2020

Many of those who are still employed continue to work remotely from home, making it abundantly clear that the digital-first market that has emerged since the pandemic’s outset will likely persist for the foreseeable future. percent until 2025, when it is poised to reach $42.9 percent until 2025, when it is poised to reach $42.9

Payments 257

Payments Report Operations United States 257

PYMNTS

NOVEMBER 15, 2019

Cashless payments firm USA Technologies (USAT) is expanding its partnership with amusement kiosk operator National Entertainment Network (NEN) to bring expanded cashless payment options to more vending machines and devices, the companies announced in a press release on Friday (Nov. and Puerto Rico.

Puerto Rico 152

Puerto Rico Payments Colorado Florida 152

PYMNTS

APRIL 14, 2020

COVID-19 could mark the true rise of the robots in retail. After seeing an initial crash due to unprecedented demand when the COVID-19 crisis hit, the retailer is now using robots to pick and pack customer orders. consumers showed a negative stance toward robots at retail, but it will be interesting to see if that changes post-COVID.

San Francisco 278

San Francisco Retail Examples Mobile 278

PYMNTS

DECEMBER 26, 2019

In an email to merchants, the company said the reason is a change in retail strategy, and the site will merge with SpeedLvn, which retails products sold at Lotte’s physical stores. The move is indicative of the trend toward “new retail,” which is the blending of eCommerce and traditional retail.

Retail 130

Retail Groups Maine Google 130

PYMNTS

FEBRUARY 25, 2020

These three main segments of the Fleet Solution are said to provide better control over operations and increased protection against fraud. Shell employs 8,500 people in India and retails fuel in six states. . percent by 2025. percent by 2025. The global smart fleet management industry was valued at $290.9

Cards 159

Cards Fraud Operations Management 159

PYMNTS

AUGUST 22, 2018

We operate the only truly global luxury digital marketplace at scale, seamlessly connecting brands, retailers and consumers. The company noted that its own industry, market and competitive positioning data comes from Bain & Company and a number of other third-party data sources. Within that, how much is online?

Online 101

Online Retail Branding Data 101

PYMNTS

JANUARY 18, 2021

Sources told Reuters that Grab is looking to take advantage of the red-hot IPO market in the U.S. If the company chooses to proceed, the IPO could be the largest market debut ever made by a Southeast Asian company on a foreign exchange. Singapore-based FinTech Grab is mulling a U.S.

Fintech 198

Fintech US Groups Management 198

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. said in the announcement about the offering, “Walmart aims to be the market leader in providing retail workers a path to careers in growing fields like healthcare.

Branding 101

Branding Retail North Carolina Georgia 101

PYMNTS

APRIL 19, 2019

In a press release issued Thursday (April 18), Hypur said its payments technology enables business, retail and online transactions for merchants in the hemp and CBD markets in the U.S. its CBD market is also experiencing significant growth. Galvin, CEO of Hypur, said in a statement. As marijuana legalization spreads in the U.S.,

Payments 173

Payments Industry Online Security 173

PYMNTS

FEBRUARY 29, 2016

Recent data indicate that in the not-so-distant future, the retail marketplace will be employing far, far fewer people — if you live in the U.K. As of right now, retail employs about one-sixth of retail workers — or around 3 million people. These are the valleys to cross and the path through them needs to be charted with care.”.

Retail 100

Retail National Industry Survey 100

PYMNTS

APRIL 2, 2020

Financial institutions (FIs) face a perennial challenge in their day-to-day operations — convincing customers to use their products and services rather than a competitor’s. Big Data analytics reached a market valuation of $29.87 billion by 2025, with banks of all sizes leveraging such capabilities.

Analytics 237

Analytics Data Big Data social media 237

PYMNTS

NOVEMBER 8, 2016

So where to next for the omnichannel retail giant? The move comes as part of a larger targeting of Southeast Asian markets, according to TechCrunch , starting with beginning selected regional services in Singapore in the first quarter of 2017. But Amazon isn’t waiting until 2025, or even 2020. Singapore, it turns out.

Regional 148

Regional New York City National Google 148

PYMNTS

JULY 30, 2020

In fact, Shipt is four or five years ahead of plan, as Chief Operating Officer Bridget Fruit told PYMNTS CEO Karen Webster. Pre-pandemic, the company projected that online grocery delivery would hit around $20 billion around 2025. The key is flexibility between Shipt and the retailer. From the company’s end, it’s curated.

Retail 199

Retail US Strategy Company 199

PYMNTS

JULY 7, 2020

With a population of nearly 270 million, Indonesia is in the midst of a boom in its digital economy, which is expected to reach $130 billion by 2025, according to a study by Google, Temasek Holdings and Bain & Co. The country’s total budget for 2020 is $177.6 A Netflix spokesman said the company would comply. “It

Taxes 141

Taxes Google Seattle National 141

PYMNTS

JANUARY 24, 2020

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. It’s operational in the Middle East, Southeast Asia and India. billion by 2025. billion in 2021, and $52.5

Payments 152

Payments Innovation Study Meeting 152

PYMNTS

AUGUST 17, 2018

With India expected to be a $1 trillion digital economy by 2025, online retailers all want a piece of the action. based retailers to get a stronghold in India. While Amazon and Walmart are competing for eCommerce dominance in India, they might be overlooking a key rival in the country: Mukesh Ambani, the country’s richest man.

social media 101

social media Policies Retail Online 101

PYMNTS

FEBRUARY 1, 2018

Retail shops still operate in the 80s.”. China is one of Farfetch’s fastest growing markets. Farfetch is unique in that it is a platform, not a retailer, so it keeps no inventory. “The plan is to this year start rolling out very selectively to other partners,” Neves said in an interview. “We million pounds ($215 million).

Mobile 100

Mobile Retail Branding Study 100

PYMNTS

AUGUST 29, 2018

If it were to hit the $2,500 price target, it would result in a market valuation of $1.2 Morgan Stanley has an overweight rating on Amazon and noted the eCommerce giant has been able to surpass the high end of its operating profit forecasts by an average of 60 percent in each of the last three quarters. trillion. “We trillion by 2024.

Operations 100

Operations Marketing Capital Retail 100

PYMNTS

MAY 20, 2019

Kiosks are increasingly becoming part of the retail landscape. As reported in the latest Unattended Retail Tracker , done in partnership between PYMNTS and WorldNet Payments, unattended retail is gaining traction worldwide, on the heels of growth in consumer demand and as employers look to increase their operating profits.

San Francisco 170

San Francisco Retail Philadelphia Cards 170

PYMNTS

APRIL 11, 2019

Chief Operating Officer Bryan Everett told analysts the news on a call discussing Q4 earnings. The market for CBD continues to grow , with nearly 7 percent of Americans saying they use the substance. the market could reach $16 billion by the year 2025, as per a report by Bloomberg.

Oregon 108

Oregon Washington Analysis Survey 108

PYMNTS

AUGUST 19, 2020

Consumers are accustomed to using digital payment methods to make retail purchases. Virtual cards are emerging as one of many digital payments solutions gaining traction in this digital-first ecosystem, with studies suggesting that the global virtual card market could triple in size by 2025.

Cards 233

Cards Exercises United States System 233

PYMNTS

JULY 3, 2019

Among the more interesting storylines of this era of digital commerce and payments is the maturation of vending machines — sorry, “unattended retail.” Retailers are paying more attention to vending machines, a trend that is all but certain to continue into the 2020s. Vending Machine Trends.

Retail 122

Retail eBook Philadelphia Austin 122

PYMNTS

JANUARY 19, 2021

Digital identity is anticipated to generate $8 billion for mobile network operators by 2025, up from $1.3 As is the case in banking, retail and virtually every other sector, certain aspects of the new COVID-era hiring makes people uneasy. billion in 2020 alone.”. Digital A Lifesaver For HR Pros.

Fraud 151

Fraud Survey Video Mobile 151

PYMNTS

APRIL 3, 2019

According to a report in CNBC , Gottlieb said during a House appropriations committee hearing that the FDA expressed “concern” about Walgreens and CVS entering the market. The popularity of CBD products is growing among consumers, and drug store operators want to capitalize on that. According to a recent Cowen & Co.

Analysis 144

Analysis Survey Meeting Examples 144

PYMNTS

AUGUST 9, 2018

The company is pulling out all the stops to make the store a success, including having a 150-person assembly team at the Hyderabad location , after research showed that many consumers in the local market would not want to assemble furniture on their own. IKEA isn’t just scaling back on prices.

Course 101

Course Retail Regulation Marketing 101

PYMNTS

JULY 31, 2019

eCommerce business grew nearly 80 percent with continued strong growth in markets such as China, where partnerships with eTailers are helping the firm gain share. z will operate Perfect Snacks as a separate business to nurture its culture and spirit, according to Van de Put. And its U.S. He also noted that the company is growing fast.

Branding 116

Branding Strategy Conference Company 116

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. Everything is moving toward digital.”.

Security 191

Security Online Fraud Samsung 191

PYMNTS

OCTOBER 5, 2018

Software is being tested, hardware is in the works and carriers are readying their plans to deploy 5G in select markets by the end of 2018.”. The new world of 5G also could give retailers, brands and marketers even more insight into how consumers shop and buy. That’s the position of mobile operator O2 , among others. “5G

Mobile 194

Mobile Retail Data Payments 194

PYMNTS

OCTOBER 24, 2018

By 2020, 30 billion Intelligence of Things (IoT) devices are expected to be connected worldwide — a figure anticipated to skyrocket to 100 billion by 2025. The new chips are also intended to provide tracking throughout the supply chain to help combat grey market sales. This can make marketing and business decisions more difficult.

Trends 119

Trends Security Data Retail 119

PYMNTS

JUNE 6, 2019

For some time now, retailers have been using it and radio frequency identification (RIFD) behind the scenes for stock and quality control, as well as to provide product information to customers with smartphones. percent between 2018 and 2025. The global wearables market is projected to grow 15 percent annually until 2023.

US 140

US Apple New York City Cards 140

PYMNTS

MAY 8, 2020

consumers more frugal, but other individuals are still turning to retail therapy to cope with stresses. billion by 2025, according to one study. New Jersey and Pennsylvania have become two of the most important markets for U.S. Financial uncertainties following layoffs and furloughs have made many U.S. reaching a value of $102.9

Online 176

Online Industry New Jersey Pennsylvania 176

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. Around the Faster Payments World. Elsewhere in the U.K., payment services company SafeCharge made moves to help its clients expand into the U.S.

Nebraska 144

Nebraska Risk Management Apple Payments 144

PYMNTS

MARCH 21, 2019

That stands as one the biggest regulatory responses so far to the growing eCigarette market, which will reach $47.1 billion by 2025, experiencing a compound annual growth rate (CAGR) of nearly 24 percent, according to one report. As one can imagine, the FDA’s recent decision is hardly popular in all parts of the retail world.

Online 152

Online Retail Regulation Trends 152

PYMNTS

AUGUST 20, 2019

The artist, in turn, buys the base shoe either online or from a local retailer. They don’t have to subscribe to a specific brand identity or produce shoes that have mass-market appeal. And Bonu says everyone will find a shoe that uniquely resonates with them in a way that a big brand aiming for mass-market appeal cannot.

Online 116

Online United States Branding America 116