PYMNTS

JANUARY 21, 2021

The COVID-19 crisis and the digital shift that it accelerated are making five lessons clear that tradition brick-and-mortar retailers must heed if they want to survive, according to Karen Webster. percent market share for all clothing and apparel sales during 2020’s third quarter versus just 9.5 It’s Amazon.”. percent a year earlier.

Retail 179

Retail Branding Analysis Online 179

PYMNTS

JUNE 26, 2020

Iain McNicoll , VP of Americas/SMB for payments platform Payoneer , recently told PYMNTS that eCommerce’s market share has risen to 27 percent from just 16 percent when the pandemic began. McNicoll said the quick gains aren’t surprising, as physical retail stores essentially closed down worldwide for months.

Retail 318

Retail Online Capital ATM 318

PYMNTS

JUNE 17, 2019

Today (June 17) Visa is announcing that their sensory branding suite is in over two dozen countries care of a dozen new partnerships. Visa’s sensory branding suite of products includes a sound, animation and haptic cues for consumers and merchants when a Visa transaction is completed.

Branding 116

Branding Customer Experience Regional America 116

PYMNTS

APRIL 16, 2020

As retailers look for a way out of an unprecedented cash flow crunch, many are slashing prices online and offering free shipping. The move is good for consumers, but for the retailers involved discounting is a double-edged sword. It’s the age-old argument for retail. retailers is down 64 percent over 2019. In the U.K.,

Retail 146

Retail Strategy Branding Analysis 146

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

SEPTEMBER 12, 2019

Video games are helping to drive retail innovation and growth, and that includes the hot area of subscription commerce. Gaming is figuring out the upsell,” Burkhart told Webster, “and utterly changing the entire market.”. In-store sales, notably, is where the retailer needs to see growth.

Video 248

Video Retail Innovation Trends 248

PYMNTS

OCTOBER 13, 2020

Afterpay has announced its in-store buy now, pay later (BNPL) service is being offered by major retailers at locations across the country. Shoppers can use Afterpay to buy items in select retail stores using their Afterpay card, a virtual, contactless card stored in their digital wallet,” the firm said in a Tuesday (Oct.

Retail 130

Retail United States Millennials Branding 130

PYMNTS

MAY 27, 2020

percent in North America and 7 percent internationally. The pizza chain noted that approximately 320 of its roughly 2,100 international franchised stores are closed for the time being, mainly in the Middle East, Europe and Latin America. It also noted that some global markets are open “predominantly” just for delivery, like Britain.

America 131

America Meeting Maine Mobile 131

PYMNTS

MARCH 28, 2019

Kiosks are gaining more power in retail, especially as it becomes ever more obvious that consumers are not quite ready to cut ties with physical forms of buying, contrary to the early fever dreams of the eCommerce age. There are seven million family-run mom-and-pop stores that dominate retail outside big cities in China,” that analysis reads.

Marketing 158

Marketing Retail eBook Illinois 158

PYMNTS

DECEMBER 30, 2019

Barney’s has given way to Saks Fifth Avenue, directing shoppers to the latter’s sites in these last days of the year, one of the latest changes in luxury retail in 2019. The luxury retailer has stopped eCommerce transactions on its Barneys.com and Barneyswarehouse.com websites. Luxury Consolidation. billion or $135 a share in cash.

Retail 134

Retail New York Branding United States 134

PYMNTS

JANUARY 10, 2020

According to its Securities and Exchange Commission stock registration statement, as cited by CNBC , the online mattress retailer said it lost $73.4 The mattress market, however, has blossomed with new entrants, with the inclusion of Nectar , Tuft & Needle , Leesa, and Purple. million in 2017 and $92.1 million in 2018.

Retail 130

Retail Online New York America 130

PYMNTS

JULY 30, 2019

Now, as it suffered with a formidable performance by those companies, Under Armour cut its full-year North America revenue forecast, Reuters reported. Nike posted a 7 percent jump the quarter ended in May for North America revenue, while Under Armour sales dropped 3 percent. for many years.

America 129

America social media Branding Maine 129

PYMNTS

MAY 5, 2020

As retailers contend with the continuing COVID-19 crisis and the inevitable resettling of the business, one of the most popular pieces of advice has been to reformat existing stores. Here’s the basic business model: Schildt selects a location and alerts local beverage, food and wellness brands about the installation’s launch.

Retail 150

Retail New York City New York social media 150

PYMNTS

JANUARY 18, 2018

Within China, sales of brands from Gucci to Chanel, which have been sluggish for years, rose at the fastest pace in five years in 2016 and are positioned to consolidate those gains in 2018. 2017 saw a global recovery of the luxury retail market due to their affinity for high-end brands.

Millennials 100

Millennials Branding Retail America 100

PYMNTS

JANUARY 8, 2020

Case in point, Stockwell: a self-service retail venture that got off on a very wrong foot with customers by, among other things, choosing the wrong name. But the branding came across somewhat differently. The Washington Post branded Bodega the most hated startup in America.

Retail 130

Retail Los Angeles Branding San Francisco 130

PYMNTS

SEPTEMBER 12, 2018

Good Housekeeping is opening up a pop-up shop in the Mall of America running from early October through the end of December, aka the holiday shopping season. Named GH Lab, the 2,800-square-foot shop will be a monument to experimental retail, designed to resemble a real home complete with dining and living room areas.

America 100

America Branding Training Retail 100

PYMNTS

JANUARY 31, 2017

The number of Mastercard cards increased 6 percent in the Americas in 2015, which compares to a 4 percent increase for Visa, but Visa still holds the spot as the largest card scheme in the region, reported RBR. billion cards in circulation in 2015 compared to Mastercard, which had 26 percent market share. during 2015. during 2015.

America 100

America Cards Maine Regional 100

Bank Innovation

OCTOBER 10, 2019

Wirecard is taking aim at Asia and the Americas. The German financial services provider is advancing these plans through new product offerings, including cashierless checkout technology for retailers, a payments app for U.S. brands and retailers, and efforts to support China UnionPay‘s expansion to new markets.

America 150

America Retail Branding Groups 150

PYMNTS

MARCH 1, 2019

looks to improve the channel mix of its eponymous brand and shutter specialty stores, the retailer beat analysts’ earnings estimates but fell short on top-line revenues for the fourth quarter of 2018. The retailer reported revenues of $4.62 As Gap Inc. billion and 68 cents.

Retail 116

Retail Branding Marketing Company 116

Bank Innovation

FEBRUARY 6, 2019

banks accounted for 81 of the 500 most valuable and strongest bank brands around the world on Brand Finance’s Banking 500 2019 list, released this week. Led by the Industrial and Commercial Bank of China, the world’s most valuable banking brand (at $79.8

Branding 170

Branding Industry social media Operations 170

PYMNTS

OCTOBER 18, 2018

To learn more about their customers and increase foot traffic, retailers are testing out new business ideas. In some cases, retailers are dedicating small spaces to brands inside their brick-and-mortar stores. Macy’s , for example, is testing out pop-up stores in 10 cities in a concept called “The Market @ Macy’s.”

Innovation 145

Innovation Retail Online Branding 145

PYMNTS

OCTOBER 21, 2016

Retailers that are unable to call on substantial financial reserves are struggling in the current environment. Mobile shopping is growing and a key focus of retailers going into the holiday season. Mobile shopping is growing and a key focus of retailers going into the holiday season. to less than $0.29. Sears Holdings Corp.

Retail 100

Retail Marketing Branding Austin 100

PYMNTS

AUGUST 17, 2018

To help Mall of America merchants engage with Chinese consumers, CITCON has teamed up with the shopping complex to offer stores a cross-border mobile payments system. has partnered with Alipay to bring the payment option into select brick-and-mortar stores across GUESS’ brands.

America 103

America Las Vegas Payments United States 103

PYMNTS

MARCH 29, 2018

When Dunkin’ Donuts came up with the slogan “America runs on Dunkin,’” the company was pretty clearly being metaphorical. That’s no longer the case, as the fast food company has decided to take a turn for the literal in their newest marketing campaign.

America 104

America Boston Branding Marketing 104

PYMNTS

MAY 4, 2017

The retail sector has been suffering a lot of pain this year, with bankruptcies already happening at a record pace and more bankruptcies expected to come. So far this year, 14 retailers have filed for bankruptcy and that is coming off 18 bankruptcy filings in 2016.

Retail 106

Retail Dallas America Marketing 106

PYMNTS

AUGUST 4, 2020

With Burberry launching a social experience at its brick-and-mortar Shenzhen store and social platforms like Facebook pushing their commerce capabilities, new startups are popping up and established brands are catching up to capture this newest area of the digital shift. Brands and Mastercard. 4) with Tuli. On Tuesday (Aug. ”

Trends 207

Trends Branding Retail Community 207

PYMNTS

AUGUST 5, 2020

“For us, the revolution starts with the market,” said Co-founder and CEO Joshua Silberstein. The market is fundamentally changing, and as the market changes, so do the sources of competitive advantage. We do a complete marketing overhaul,” Silberstein explained. “We

America 336

America Marketing Operations Retail 336

PYMNTS

AUGUST 16, 2017

There are rarely second acts in retail — particularly once bankruptcy is in play — but, every so often, the unexpected happens. Last week, footwear retail company Payless ShoeSource was one of those unexpected stories, a company pulled into the bankruptcy whirlpool but getting plucked out before being sucked all the way down to the bottom.

Retail 153

Retail Kansas America Branding 153

PYMNTS

MAY 22, 2017

A new study has found that retail global expansion has lost some steam, and while the United States remains the most active, Europe is now the preferred spot for expanding retailers, according to Chain Store Age. The results found that retailers’ expansion into new markets increased by 2 percent in 2016, down from 3.1

Retail 108

Retail United States New York City Study 108

PYMNTS

DECEMBER 11, 2018

Retailers are doubling down on toys amid a gap in the market left by the bankruptcy of Toys R Us. toy retailer Hamleys , for instance, is eyeing a potential New York City location for a flagship store. The atmosphere comes as brick-and-mortar retailers have to differentiate themselves from their eCommerce counterparts.

Retail 166

Retail US New York City Los Angeles 166

PYMNTS

JUNE 20, 2019

In a way, watching the emergence of legal retail marijuana in North America is like watching someone grow up. Not really a toddler or baby — even black-market sale of recreational and medicinal pot took on many traits of legitimate retail — but more like a once gawky teenager growing into a graceful, confident person.

Retail 109

Retail Colorado United States Comparison 109

PYMNTS

MARCH 22, 2016

While this early part of 2016 has been some tough sledding for Nordstrom on the sales and revenue front, The Street in many corners continues to look favorably on the high-end retailer. Through a reasonable long game, Nordstrom has positioned itself as the department store du jour for hot young brands in real world commerce.

Retail 100

Retail Online New Jersey Houston 100

PYMNTS

SEPTEMBER 14, 2018

Digitally native brands, Casper among them, have turned to pop-up shops to introduce their products to consumers through an offline experience. Beyond the pop-up shop, the brand offers products tested by the magazine through an “ online boutique ” on the eCommerce retailer’s site.

New York 100

New York Retail Seattle San Francisco 100

PYMNTS

NOVEMBER 5, 2019

Realizing the market didn’t have what they were looking for, they started building it themselves in the form of a web-based custom suit brand — a name that 12 years later isn’t quite a household name, but is close enough to be counted among the new web’s apparel success stories.

How To 101

How To Marketing Branding America 101

PYMNTS

FEBRUARY 25, 2020

The fund’s investors include retail landlords like Acadia Realty Trust and Macerich. Retail is not dead — it’s changing,” Fifth Wall Co-Founder Brendan Wallace said in an interview last summer. There will never be a 1,500-store retailer that is truly ubiquitous. It now has than 75 physical retail stores across the U.S.

Retail 130

Retail Branding America Online 130

PYMNTS

JANUARY 14, 2019

It looks like we can finally have a serious conversation about the impending collapse of physical retail in the U.S. All it took was a 160-year old retailer and a $34 billion kick in the stomach to the retail sector to get everyone’s attention. retailer, Sears, which found itself standing at Chapter 7’s front door.

Retail 198

Retail Online Mobile Data 198

PYMNTS

OCTOBER 12, 2018

Brick-and-mortar retailers have closed flagship locations in recent times, but sometimes these landmark stores make a comeback. The new store, which will be located at 30 Rockefeller Plaza, will feature multiple experiential retail components. The store will also offer magic shows and a grocery shopping experience designed for kids.

Retail 116

Retail New York City San Francisco New York 116