PYMNTS

JANUARY 21, 2020

And nowhere is that aphorism better illustrated over the last decade than with the statistic that more than 90 percent of all retail sales took place at brick and mortar stores. It gave retailers the illusion that digital was the retail cart driven by the physical store horse. The answer, she noted, is complex.

Retail 168

Retail Innovation Data New York 168

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

MAY 3, 2018

Log another win for brick-and-mortar in the retail history books: Despite years of retail apocalypse criers, the industry continues to show that it’s not dying at all — it’s just evolving. The brand says it intends to keep expanding in the fall, with L.A. next on the list. Look at Warby Parker and Bonobos , McIlroy said.

Branding 100

Branding Portland New York City Retail 100

PYMNTS

FEBRUARY 27, 2020

In this case, it’s the gap between interest and intent, the chasm that lies between consumer awareness of unattended retail and actually taking the plunge in buying at the kiosk and vending machine. At a high level, according to PYMNTS data , unattended retail is reaching only one-tenth of its potential. Hurdles For Larger Merchants.

Retail 131

Retail Comparison Technology Branding 131

PYMNTS

DECEMBER 13, 2017

Retail is perhaps an unexpected entrant into the augmented reality (AR) and virtual reality (VR) market, but it’s proving to be an area in which being there virtually can be seamlessly substituted for being there actually. The applications for such technology are wide-ranging. Changing How Guests Prepare.

Retail 159

Retail Branding Technology Tools 159

PYMNTS

JUNE 20, 2019

No, that doesn’t mean that PYMNTS takes sides in the struggle for retail supremacy, but only that we like to note when someone or some organization mounts a challenge to the eCommerce and logistical behemoth. High-End Retail. Not only that, but “Verishop is launching with roughly 150 brands — and growing — already signed on.”

Retail 125

Retail Innovation Online Taxes 125

PYMNTS

JUNE 5, 2018

However, for SSENSE (pronounced essence), at its first retail location, the Canadian eCommerce brand turned physical retailer has opted for a slightly different flavor. The goal, according to its founder, is to find showcase designers who have different perspectives and who “aren’t playing by the book.”

Branding 116

Branding Millennials Retail Online 116

PYMNTS

JANUARY 7, 2020

The impulse to protect purchases runs deep, as does brand affinity (aka trust) in our favorite online retailers. Delving into the topic in-depth, the latest PYMNTS Retail Product Insurance Study surveyed close to 3,000 U.S. Others in a position to do so haven’t – and they may be missing an opportunity for raves and revenues.

Retail 131

Retail Study Online Branding 131

PYMNTS

FEBRUARY 28, 2020

Someday this will be a marketing case study. You’re Constellation Brands. One of your leading brands is Corona beer. And to top it off, you have a major product extension on the books with millions in media behind it. Two: Corona is going full speed ahead with the launch of its hard seltzer brand extension.

Case Study 211

Case Study Branding Study social media 211

PYMNTS

APRIL 13, 2020

In what appears to be an unprecedented move, an industry trade association is stepping in to help restart a retail community hit hard by the COVID-19 pandemic. It will be a series of virtual market weeks to help businesses connect with customers at a time when in-person events are impossible to hold. Books are also on the rise.

New York 255

New York Dallas Community Industry 255

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 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

OCTOBER 26, 2017

Online mattress firm Casper appears to be the latest startup taking the brick-and-mortar plunge and launching 15 pop-up shop locations nationwide, according to reports from retail news source Chain Store Age. The first stop on the retail tour was Ponce City Market in Atlanta, Georgia, the Wednesday (Oct. 25) article said.

Branding 100

Branding Atlanta New Jersey Georgia 100

PYMNTS

OCTOBER 4, 2019

Online retailers are expanding their brick-and-mortar footprints – and using feedback from eCommerce customers to inform the selections in their new stores. A data team from the eCommerce retailer determines what is sold at the locations, Amazon Physical Stores Director Drew Sheriff told MetroWest Daily News.

Retail 109

Retail San Francisco United States Boston 109

PYMNTS

NOVEMBER 16, 2018

Big brands are opening big stores in big cities, but Nike is taking a decidedly digital approach with its New York City flagship: that is, the customer payment and shopping experience in the new space is powered by mobile technology. In Other Brick-And-Mortar Retail. billion fell in line with analyst estimates of $5.41

Training 150

Training Retail New York City Branding 150

PYMNTS

JUNE 27, 2016

By now, it’s a well-accepted fact that brick-and-mortar retailers will do just about anything to turn uncommitted buyers both online and on the sidewalk into in-store conversions. Look no further than Barnes & Noble’s attempt to win book-readers away from Amazon’s increasingly prevalent digital reading empire.

Retail 102

Retail Branding Conference Online 102

PYMNTS

DECEMBER 7, 2020

7) as the Ikea brand continues to shift itself to digital, according to published reports. The chain plans to commemorate it with a book due out next autumn. Of course, it’s not surprising that a retailer looking to focus on digital is exiting print. Do catalogs work for every brand? But are catalogs going to disappear?

social media 242

social media Retail Branding Course 242

PYMNTS

FEBRUARY 7, 2020

Youth-oriented shoe and apparel brand Vans has found the intersection of both, as seen in its most recent store opening this past week in Los Angeles. The brand is well-known for using its community of skateboarders for design ideas and marketing. The company started in 2018, calling its concept “retail as a service” (RaaS).

Los Angeles 141

Los Angeles Community Branding social media 141

PYMNTS

FEBRUARY 15, 2019

eCommerce brands are opening up pop-up shops in cities to test out brick-and-mortar retail, and Recess is using this platform to highlight its hemp-extract beverages in a temporary space in New York City that is dubbed the Take A Recess IRL Pop-Up. As a whole, the home furnishings market in the U.S. Gas station sales fell by 5.1

Retail 116

Retail New York City New York Los Angeles 116

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

SEPTEMBER 4, 2018

Major retailers are stepping in to fill the void left by Toys R Us: Walmart , in particular, is growing its toy assortment by 30 percent in its brick-and-mortar stores, and by 40 percent online. To that end, the retailer is rolling out “thousands” of additional items to give customers more options.

US 100

US Retail Marketing Branding 100

PYMNTS

FEBRUARY 25, 2016

Does this online brand have a chance at overtaking Victoria’s Secret? In 2015, the company brought in an estimated $43 million, making Victoria’s Secret’s 62 percent market share seem catchable. s Top 5,000 list in 2015 overall and took the number two ranking for top retail brands. Experts are starting to say yes.

Branding 100

Branding New York City Retail Online 100

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. Farfetch was able to raise $885 million.

Retail 117

Retail Online Trends Course 117

Jeff For Banks

JUNE 25, 2020

The inability to connect Marketing activities to the bottom line is what I frequently hear from bankers that think the Marketing Department is a cost center. Yet Marketing is frequently held to account for the ROI of the checking or home equity campaign. Which leads me to my second way to hold Marketing accountable.

Marketing 78

Marketing Trends Survey Management 78

PYMNTS

APRIL 20, 2017

Renting out retail spaces in large cities for a short period of time can be tough to accomplish and expensive. With rising retail rents in places like Manhattan, up-and-coming retailers are likely to sell products either out of their home or via online stores like Etsy. ”

New York City 100

New York City Marketing New York United States 100

PYMNTS

OCTOBER 21, 2019

Brick-and-mortar retailers, as well as online merchants, are offering consumers all sorts of products and services through the subscription business model, from movies to tea. Disney+ is planning to offer streaming content from brands like Star Wars, Marvel and Pixar. “Re-imagined”

Innovation 109

Innovation Retail Las Vegas Payments 109

PYMNTS

FEBRUARY 19, 2020

As it faces a competitive retail market, Groupon Inc. In separate news from September, Groupon joined forces with travel supplier and distributor connector DerbySoft to grow instant booking and to work with more hotels. intends to discontinue its sale of merchandise by the close of 2020.

America 244

America Report Retail Branding 244

PYMNTS

AUGUST 22, 2018

The online marketplace has disrupted any number of verticals, changing the way we shop and spend, and where we grab must-have items — from books to rugs to lamps, and sometimes from across international borders. We operate the only truly global luxury digital marketplace at scale, seamlessly connecting brands, retailers and consumers.

Online 101

Online Retail Branding Data 101

PYMNTS

NOVEMBER 20, 2017

Over the course of his 97 years, Galbraith penned 48 books and thousands of essays on a variety of topics. Amazon has brought physical retail to its knees and grabbed billions of dollars from bottom lines by crushing it online — until it bought brick-and-mortar grocer Whole Foods last summer for $13 billion. First, There Was Amazon.

Retail 137

Retail Mobile Online Cards 137

PYMNTS

JANUARY 21, 2021

Southeastern Grocers , the parent company of brands such as Winn-Dixie, HAS unveiled a rollout of an initial public offering (IPO) of 8.9 LLC and BofA Securities are serving as joint lead book-running managers and representatives of the underwriters for the deal. 21) announcement. Goldman Sachs & Co.

Idaho 167

Idaho New York Security Branding 167

PYMNTS

FEBRUARY 19, 2020

Reports from Seattle and California say the company is adding a new format and expanding beyond its Amazon Go and Whole Foods brands. Although Amazon hasn’t commented, the strategy seems to be aimed at getting Amazon aligned with a more mass market customer segment than its other retail brands. billion in 2019.

Los Angeles 155

Los Angeles Austin Community New Jersey 155

PYMNTS

JANUARY 7, 2021

The new year is here, and the grocery business gets to finally close the book on a difficult and complicated 2020. Wholesale clubs and Trader Joe’s themselves have proven there is a huge market for brands that don’t check all of the boxes for a standard supermarket trip. Pandemic-Driven Redesign in Asia.

California 203

California CA Analytics Branding 203

PYMNTS

OCTOBER 26, 2018

Magazines have been testing the waters of brick-and-mortar retail by opening temporary stores in major cities, and New York Magazine is no exception. They will include home goods and skin care products, among others, from brands such as home goods company East Fork and luxury bedding company Parachute. In Other Brick-and-Mortar News….

New York 135

New York New York City Chicago Branding 135

PYMNTS

FEBRUARY 3, 2020

Brand advertisers, it says, need to justify social media ROI. Per the report findings, 75 percent of the surveyed firms plan to either maintain or boost their investment in social media marketing within the next year. Savvy Brands. Brands like Amazon for that very reason. Amazon earned $3.5

social media 144

social media Branding Survey Strategy 144

PYMNTS

JUNE 19, 2017

Luxury retail isn’t such a cushy business these days. Nordstrom might be going private , the retail company announced in news Thursday (June 15). percent from the previous quarter, while retail net sales climbed only 0.5 Luxury retail isn’t seeing setbacks because of the economy or uncertain political environment.

Retail 143

Retail Trends Strategy Company 143

PYMNTS

AUGUST 16, 2018

There was (and, in some sectors, still is) a tendency on the part of retailers to believe it is better to let a prime retail location go vacant, rather than risk lowering the value of the property with a series of short-term leases. A New, Enhanced Experience Via Additions.

Retail 101

Retail Branding Innovation Online 101

PYMNTS

AUGUST 9, 2017

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. And the market is showing interest — and investing —in improved mobile tech.

Mobile 110

Mobile Retail Metro Online 110