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Revolutionizing the Way We Pay: The Top Payment Industry Trends You Need to Know in 2023

Perficient

In fact, according to The Business Research Company’s 2022 Payment Security Global Market Report , the payment security market is expected to reach $43 billion by 2026. We also expect other social media channels to roll out their own shopping capabilities or upgrade their existing shopping features. million in 2024.

Industry 471
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Upscale UK Retailers Look To Land In US Market

PYMNTS

s most high-profile retailers is doing well in the U.S. and another one is ready to open, both of them seeking a new market as their home turf sees retail struggles. s fastest growing brick-and-mortar retailer, Wren Kitchens. And also in training our retail staff to offer the customer a fantastic service.”.

Retail 132
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Slight Uptick Reported In Retail Rent Payments

PYMNTS

Another month of the pandemic and another first of the month when retail lease payments are due. As the crisis enters its fourth month, counting March, two new earnings reports indicate that about 60 percent of retailers are paying their rent — with a few very notable exceptions. percent of retail rent was collected, compared to 48.9

Retail 130
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Under Armour Cuts Full-Year North America Revenue Forecast

PYMNTS

With its aggressive use of social media as well as its popular sweat-proof clothing, Under Armour has fought an uphill battle to stand out in a space that has been dominated by Adidas AG and Nike Inc. Nike posted a 7 percent jump the quarter ended in May for North America revenue, while Under Armour sales dropped 3 percent.

America 129
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Burger King To Give Some Venmo Users $1 To Promote New Dollar Menu

PYMNTS

We know that value is extremely important to our guests, especially now," Ellie Doty , chief marketing officer at Burger King North America, said in the release. Burger King's use of marketing efforts that capitalize on a keen sense of social media has won the Miami-based company kudos.

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Pop Up Grocer Checks All The Pandemic Retail Boxes

PYMNTS

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. From there, we look at where the people who are interested in us are coming from, based on social media and traditional media.”.

Retail 150
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Generation Z Wields Retail Influence

PYMNTS

According to a new study from HRC Retail Advisory , Generation Z is expected to make up nearly 40 percent of the population of North America by the year 2020 – easily making them the generation retailers must be paying attention to. It looks as though millennials may soon face competition as the generation to watch.

Retail 100