PYMNTS

NOVEMBER 14, 2018

Online shopping is on a tear, and marketplaces are reaping the rewards. billion — online payments were completed in the U.S. in 2016, the most recent data available. In the post, Shopify wrote, “by accepting Venmo directly in your online store, users can complete their purchase in just a few clicks.

Retail 131

Retail Payments Apple Online 131

PYMNTS

MAY 26, 2017

Boston-based eCommerce alcohol delivery startup Drizly has announced its next location in Phoenix, Arizona. Partnering to deliver alcohol from local liquor stores that include Lucky’s Liquor, Gary’s Liquor and Chandler Liquors, Phoenix residents will now be able to order and receive alcohol delivery from these retailers.

Phoenix 123

Phoenix Arizona Online Boston 123

PYMNTS

MAY 7, 2020

While sales fell 25 percent in the first quarter, the slowdown is expected to accelerate in the second quarter and could lead to an estimated contraction by as much as 35 percent for the year, said the Boston-based investment firm. Online luxury has remained resilient, while brand name stores and department stores have seen sharp drops.

Data 151

Data Survey Boston Study 151

PYMNTS

FEBRUARY 12, 2018

We’re flying blind because we lack relevant data to build and then use the right frameworks to make confident, reasonable decisions that guide our businesses, and even our economy. Despite being inundated with data, we’re amazingly lost. Put on a Retail Happy Face. We see evidence of this every day. Simultaneously, U.S.

Big Data 135

Big Data Data Retail Marketing 135

PYMNTS

FEBRUARY 8, 2018

Brick-and-mortar retail oftentimes gets a bad rap in 2018. Last year saw store closures spike 200 percent to 7,000 — the worst retail bloodletting since the dark days of the 2008 recession. The widely shared consensus is that this could all get quite a bit worse for physical retail before it gets better.

Chicago 102

Chicago Retail Boston New York 102

PYMNTS

DECEMBER 21, 2016

T-shirts may seem like a simple product, but according to Spreadshirt, there is a ton of hard data and analytics at the core of even the softest shirt. Germany- and Boston-based Spreadshirt uses data, analytics and even social media information to build a product and spread news among communities while printing more than 3.6

Data 100

Data Boston Community social media 100

PYMNTS

OCTOBER 22, 2018

fans traveling to Boston for the start of the World Series will want to pack — and possibly purchase for the first time — sweaters, as this week will be an excellent opportunity to enjoy New England’s crisp fall weather. The reported goal is to reorganize the retailer around a smaller footprint of 700 stores. locations at its peak.

Data 134

Data Fraud Cards Regulation 134

PYMNTS

JANUARY 26, 2018

Finding a pair that fits her waist comfortably without needing to be hemmed six inches is a nearly impossible task even in a store, where she can try on pair after pair — let alone online, where she essentially has to guess whether the jeans will fit, and then go through the rigmarole of returning them if they don’t. Fashion Tech.

Data 116

Data Las Vegas Branding Online 116

PYMNTS

NOVEMBER 29, 2019

We have a deep dive on accounts payable (AP) automation, analysis on “Google Checking” and news on the T-Mobile data breach. T-Mobile Data Breach Puts Personal Data Of 1M+ Customers At Risk. A recent data breach exposed the personal data of over 1 million prepaid T-Mobile customers. for $4 billion.

Google 129

Google Mobile Data Capital 129

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. People aren’t [going] online anymore — they’re online all day,” Schambach said.

Mobile 110

Mobile Retail Metro Online 110

PYMNTS

JUNE 19, 2020

The Boston-based online sports gambling company announced Friday (June 19) it will sell 16 million shares of its stock. By bringing together our leading consumer brand, data science expertise and industry-leading products with SBTech’s proven technology platform, we will accelerate our innovation, growth and scale,” he said. “I

Boston 174

Boston Massachusetts Innovation Course 174

PYMNTS

OCTOBER 12, 2020

1-8 saw an increase in local spending and online foreign sales as the COVID-19 pandemic prevented millions from traveling overseas, CNBC reported Monday (Oct. The data is an indication that consumers in China still have money to spend, even if the country’s economy is still recovering from the pandemic. percent from 2019.

Boston 130

Boston Retail Groups National 130

PYMNTS

OCTOBER 20, 2017

But, according to Randy Shuken, founder and CEO of Qüero — a high-fashion, handmade footwear and clothing retailer — when it comes to products like clothes and shoes, customers often want to see, feel and try on products. These [pop-up shops] give customers a sense of security that they will get what they paid for.”.

Online 100

Online Branding Los Angeles Miami 100

PYMNTS

AUGUST 18, 2016

Big Data is big business. That’s become pretty much gospel for brands, retailers and marketers alike. And one of the most valuable forms of data right now is behavioral data because it tells a retailer or brand where a customer or potential customer goes, does and spends their time and money on.

Data 100

Data Meeting Company San Francisco 100

PYMNTS

NOVEMBER 11, 2019

The fee-free card is Goldman Sachs’ latest inroad into the retail consumer business after establishing its online Marcus brand in 2016, which makes unsecured personal loans. According to reports last week, Amazon will soon be heading to Boston to construct a $40 million state-of-the-art robotics innovation hub.

Apple 101

Apple Massachusetts Data Cards 101

PYMNTS

MARCH 19, 2018

After all, Boston managed to have a St. According to John Hecht, consumer finance analyst at the investment bank Jefferies, retailers “have become really aggressive at pushing back” and looking for better rates from the card networks. Sometimes, the unexpected is good. That’s up from a roughly $12 billion valuation just a year ago.

Data 108

Data Cards Online Retail 108

PYMNTS

MAY 27, 2016

Omnicommerce usually refers to where and how retailers sell their products, not necessarily who they choose to sell them with. From office supplies and communal workspaces to new ways to pay for concert tickets, more barriers to siloed retail activity are falling every day to the onslaught of retail partnerships.

Retail 100

Retail Las Vegas Millennials Conference 100

PYMNTS

AUGUST 16, 2016

So, how did a “team of geeks” with “zero experience” in the fashion or retail industries go on to become the second fastest-growing retail company in the U.S. Sharon Klapka, Adore Me’s vice president of business and brand development, appeared at the eTail East conference in Boston on Monday (Aug. million in funding.

Data 100

Data Retail Industry Boston 100

Celent Banking

FEBRUARY 14, 2017

Most retail deposits still take place at the branch. I’m being simplistic for brevity, but the data suggests that most commerce will remain tied to the store experience – at least in part – for the foreseeable future. Most Retail Deposits Still Take Place at the Branch. Not so much for food and beverage.

Retail 100

Retail Survey Boston Trends 100

PYMNTS

OCTOBER 19, 2020

It’s why recommendations are consistently ranked by consumers as one of the most important features a merchant can offer an online shopper, why merchants gladly oblige and why brands strive to make products that are consistently ranked high by consumers. Saving Main Street. Even more of them are closing.

Maine 199

Maine Boston Branding Retail 199

PYMNTS

AUGUST 22, 2018

In fact, in its founding days back in 2002, Wayfair fit comfortably in the spare bedroom of Conine’s Boston-area home. As of now, the firm is looking to branch out from its Copley Place headquarters in downtown Boston and into a neighboring building that reportedly has enough space to accommodate it. It was built on data.

Boston 100

Boston Online Data Retail 100

Cisco

MAY 29, 2019

In retail banking, it’s clear customer experience matters, and the stakes have never been higher. And it’s not just about happy customers… Boston Consulting Group data indicates personalizing customer journeys can lead to a 10-30% increase in revenue. Opportunity #1: When opening a new account. According to the J.D.

Customer Experience 72

Customer Experience Retail San Diego Study 72

PYMNTS

MAY 18, 2017

From responsive mobile websites to on-demand offerings, consumers are increasingly demanding that retailers, both online and in the real world, cater to their needs in the moment. . And Boston Dynamics is working on their own robotic delivery system, which it showed off at this past April’s TED 2017 conference.

Report 109

Report San Francisco Retail United States 109

PYMNTS

DECEMBER 8, 2016

Clavis Insight, a world leader in digital shelf analysis, insights and analytics, recently formed an alliance with leading Big Data and predictive analytics provider IRI. Our solution is oriented toward brand manufacturers who are looking to monitor their brands’ product listings in the online marketplace,” said Silverman.

Retail 100

Retail Analytics Boston Branding 100

PYMNTS

MARCH 6, 2017

While many in the Greater Boston area stayed indoors to keep clear of the arctic chill that had descended upon the region, eight teams hunkered down in offices in the middle of the Financial District with another goal in mind: reimagining the retail and payments experience using AR/VR technologies.

Retail 101

Retail Payments Boston Innovation 101

PYMNTS

FEBRUARY 4, 2019

To serve customers who want to shop in stores and online, retailers and solution providers are working to offer a unified retail experience across multiple channels. According to the latest PYMNTS mPOS Tracker , almost two thirds – or 63 percent – of retailers plan to offer this option within the next three years.

Innovation 126

Innovation Retail Mobile Massachusetts 126

PYMNTS

JULY 6, 2020

In-Person Retail, eCommerce Drive CNP Purchasing. Many recently reopened retailers are insisting on processing digital, CNP transactions. One Boston-based hair salon implemented policies limiting customers to digital tips via Venmo and paying for on-site visits via card details stored on file, for example.

Cards 130

Cards Survey Examples Retail 130

PYMNTS

JULY 14, 2016

True Fit , the Boston-based startup that helps connect customers with shoes and apparel that fits them really, really well, recently announced a $25 million investment from Intel Capital that it will use to expand its business, according to a report from TechCrunch. 2015 that it used for expansion.

Boston 100

Boston Branding Retail Video 100

PYMNTS

FEBRUARY 22, 2017

In a twist on contemporary retail trends toward online channels, consumers still largely prefer to return in-store. One logistics technology startup is working to solve the problem of physical returns for digital retailers. If all’s well, Happy Returns signals the retailer to refund the customer. “We’re

Los Angeles 107

Los Angeles San Francisco Retail New York City 107

PYMNTS

DECEMBER 21, 2020

And you can see it in the hustle by retailers and brands large and small to pivot their businesses and business models — and the disclaimers on just about every retail site starting a week or more ago that orders placed online might not make it in time for Christmas. One hundred and ten (110) million U.S. consumers — 47.2

Apple 227

Apple Study Innovation Survey 227

PYMNTS

SEPTEMBER 24, 2020

Amazon said in its announcement that Sidewalk will extend the low-bandwidth working range of such devices, with bandwidth sharing across neighbors representing a “network of networks” that will help devices stay online. The company has said the network enhancement is available at no charge.

Boston 210

Boston Community Software National 210

PYMNTS

OCTOBER 12, 2020

The digital transformation of the commerce ecosystem, which had been underway long before COVID-19 reared its ugly head, flipped into overdrive overnight, as consumers were forced to change their habits and shift almost everything they once did in real life to an online substitute. The SMB Pinch.

Retail 220

Retail Study Report Boston 220

PYMNTS

JUNE 1, 2016

Wayfair, an online home furnishing retailer, is launching a home-grown display display advertising platform to improve consumer targeting through customized messaging. It also put the collected consumer data to better use through product recommendations, which are more relevant than they used to be.

Boston 100

Boston US Strategy Retail 100

PYMNTS

MAY 19, 2016

A number of major retailers have already adopted processes that let customers stay strapped in their seatbelts while receiving state-of-the-art service. Major retailer Walmart finally unveiled the Walmart Pay app, a QR code-powered solution that will allow mobile users to pay with their smartphones. Louis Post-Dispatch.

St. Louis 105

St. Louis Boston Retail Customer Experience 105

Cisco

MAY 29, 2019

In retail banking, it’s clear customer experience matters, and the stakes have never been higher. And it’s not just about happy customers… Boston Consulting Group data indicates personalizing customer journeys can lead to a 10-30% increase in revenue. Opportunity #1: When opening a new account. According to the J.D.

Customer Experience 48

Customer Experience Retail San Diego Study 48

PYMNTS

NOVEMBER 19, 2018

who each week walk into one of those physical stores, in addition to the 100 million who are said to shop one of the retailer’s online channels. 3 post position, displacing Apple, at roughly 4 percent of retail sales. That retailer is, of course, Amazon. percent of consumer retail spending in the U.S.

Retail 167

Retail Online Branding Analysis 167

PYMNTS

NOVEMBER 15, 2019

Amazon To Build $40M Robotics Innovation Hub Near Boston. Cryptocurrency companies that previously let customers remain anonymous will have to change their tunes in some countries, as will online gambling sites that provided fast onboarding at the expense of rigorous identity verification approaches. Deutsche Bank told U.K.

Google 139

Google Payments Apple cryptocurrency 139