PYMNTS

AUGUST 10, 2020

Boston-based Advent International , a global private equity firm focused on overseas buyouts, has purchased a stake in the United Kingdom’s parcel delivery group Hermes for 1 billion euros ($1.3 The goal for Advent is to profit on the surge in online sales. It will also take a 25 percent stake in its German business.

Boston 141

Boston Online Groups Retail 141

PYMNTS

SEPTEMBER 22, 2020

22), Boston Consulting Group has estimated that that demand for luxury items could underpin a spending boost on the order of 30 percent as the Chinese economy rebounds. As reported in this space last week, the country saw retail sales increase for the first time since the pandemic took root.

Retail 169

Retail Boston Groups Regional 169

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 average daily sales for retail, food and beverages was 4.9 The Chinese National Bureau of Statistics said August retail sales rose for the first time in 2020 by 0.5

Boston 130

Boston Retail Groups National 130

PYMNTS

FEBRUARY 1, 2019

Items available for sale will range from the Air Force 1 drops to The Ten Collection — items that Nike said in an online post are “specific to Atlanta’s vibe.” Beyond the pop-up shop, the retailer is opening a “Studio of Dreams” Super Bowl Content Studio on the same block. It makes that purchasing much easier.”

Atlanta 127

Atlanta Retail New York City New York 127

PYMNTS

FEBRUARY 20, 2020

Future tech is no longer the province of high-end retailers. Innovations in 3D and augmented reality (AR) eCommerce are leveling the playing field and bringing conversion-centered visual technology to any online retailer. The main expansion of 3D is being seen in its dual usage for consumers and retailers. interactions.

Retail 259

Retail Maine Google Technology 259

PYMNTS

DECEMBER 6, 2019

Also, the co-founder of Boston-based payments firm Circle will step down from his co-CEO role at the end of the month. And Uber has debuted a group ordering option. The co-founder of Circle, a Boston-based payments firm, will step down from his co-CEO role at the end of the month. Uber Eats Introduces Group Ordering.

Training 130

Training Boston Payments Tools 130

PYMNTS

NOVEMBER 4, 2019

As the buyer of the luxury retailer brand negotiates with the store’s landlord, Barneys New York’s flagship store on Madison Avenue in Manhattan will stay open for at least another year in a smaller form. The release also noted that shoppers can participate in the sale online by visiting BarneysWarehouse.com and Barneys.com.

Los Angeles 101

Los Angeles New York San Francisco New York City 101

PYMNTS

JUNE 2, 2020

Doing business online is the bridge for American small businesses through this crisis and into the next decade,” said John Caplan, president of Alibaba.com for North America and Europe. Alibaba.com is a business-to-business trading platform that is a business unit of Alibaba Group. Beauty , a makeup and beauty products retailer.

Kansas 143

Kansas Boston America US 143

PYMNTS

MARCH 29, 2018

In investment news, Boston-based Flipside Crypto notched $3.4 The company plans to use the funding to develop tools and algorithms that scan the online crypto market and serve as the basis of its investment recommendations. CME Group is in discussions to purchase Britain’s NEX Group for $5.4 In the U.S.,

Bitcoin 111

Bitcoin cryptocurrency Boston Groups 111

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

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

DECEMBER 24, 2020

Building The (Retail) Use Cases. The Federal Reserve said this year that its Boston bank is working with the Massachusetts Institute of Technology (MIT) to explore the possibility of issuing digital currency. As reported, the company also said bought $50 million of bitcoin to hold on its balance sheet.

cryptocurrency 258

cryptocurrency Bitcoin Course Boston 258

PYMNTS

SEPTEMBER 23, 2020

On March 24, on what would have usually been a busy day at the start of spring, the state ordered all nonessential retail shops on the green to shut down, as the pandemic crept its way north from New York City and south from Boston. That day was the start of a harrowing three-month retail lockdown.

Connecticut 182

Connecticut New York City Community social media 182

CB Insights

DECEMBER 19, 2017

Modern-day retail is at an inflection point as retailers face struggling physical storefronts, massive debt, and inefficient operations, among other issues. Formerly beloved brands such as Aeropostale, American Apparel, and PacSun bit the dust in 2016, and the pace of retail deaths has accelerated since then.

Retail 78

Retail Branding Company Capital 78

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

FEBRUARY 12, 2018

Put on a Retail Happy Face. Yup, physical retail is doing just fine — despite all the talk of doom and gloom. Yet, according to Fung Global Retail & Technology, 6,985 stores closed in 2017 , up 229 percent from 2016, and well above the number of stores which closed in the year that started physical retail’s death spiral: 2008.

Big Data 135

Big Data Data Retail Marketing 135

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

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

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

SEPTEMBER 28, 2019

The pods set up shop in places where the nap-needing tend to gather – university campuses and office spaces being their two main sweet spots – and offer the chance to book a 20-minute to two-hour nap online or on mobile with a few clicks or taps. Boston Med has offered Sleepio since 2016. But does it really work?

Boston 145

Boston Study Maine social media 145

CB Insights

SEPTEMBER 26, 2018

This summer, Nike unveiled its latest brick-and-mortar venture in Los Angeles: Nike by Melrose, a physical store that uses local online shopping data to determine its in-store inventory. While the store is a first for Nike, it’s part of a bigger trend in retail — product and inventory localization. First Name.

Retail 64

Retail Los Angeles Strategy Community 64

PYMNTS

MARCH 9, 2020

Then add in services like Group, LivingSocial, and Restaurant.com, which provide deep discount offers at restaurants throughout the city and suburbs,” said Eddie Fahmy, long-time restaurateur and president at A2Z Restaurant Consulting. The model for the DineVite online and mobile app is actually similar to social media.

Miami 130

Miami Los Angeles Austin South Carolina 130

CB Insights

SEPTEMBER 6, 2017

As internet retailers are expanding their operations into brick-and-mortar operations (think Warby Parker, Argent, Bonobos, and BaubleBar ), venture capitalists are also investing in “physical-first” startups focused on creating new brick-and-mortar business models. New Frontiers in Retail Tech. Cava Group.

Maine 70

Maine Capital Rhode Island DC 70

PYMNTS

JULY 19, 2018

And while one might assume that moms would be the leading consumer group for Monica + Andy, it turns out that non-moms are 50 percent of their business, and some of their most active repeat customers. It has also added six retail stores, three permanent and three nine-month pop-ups. A Boston location is set to open soon.

Boston 101

Boston Branding Innovation Online 101

Abrigo

JULY 25, 2023

The FedNow Service offers various educational resources, as do other industry groups. Involve the right people at the bank or credit union to create a retail solution tailored for your risk tolerance and your customers or members. Fraud detection, processes, and controls must be in place to act quickly at all times.

Fraud 195

Fraud Payments Security Resources 195

PYMNTS

MAY 11, 2017

The Boston-based furniture and home goods retailers saw it stock price shoot up 20 percent to an all time high as earnings reports clocked in stronger than expected. Net revenue from direct retail sales through Wayfair’s websites up 32.1 The basis for that rumor is a memo by Kelly Halsor of The Buckingham Research Group Inc.,

Retail 100

Retail Boston America Management 100

PYMNTS

APRIL 20, 2017

Annoyed to the point of swearing them off for good: “Shopping with a bot is tedious — it takes 20 exchanges to finally get a link to a just-OK pair of black pumps that you have to then go outside the bot to the retailer site to buy. Trying to book a trip on Hipmunk seems primitive to the point of being useless.

Groups 104

Groups San Francisco New York City Cards 104

PYMNTS

APRIL 2, 2018

According to a recent survey from the Boston Consulting Group (BCG), profits among the world’s corporate banking institutions is significantly declining – but digitization could halt that trend. Researchers found that just 17 percent of retail banks rated their digital transformation strategies as “optimal.”

blockchain 171

blockchain Lending User Experience Mobile 171

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

Independent Banker

DECEMBER 13, 2015

In a Federal Reserve Bank of Boston survey of mobile banking and payment services released in August, roughly three-fourths of about 600 community banks and credit unions in five Federal Reserve districts that were polled were offering some kind of mobile service. An ATM or branch locator is another standard mobile function. Check ordering.

Community Bank 70

Community Bank Boston Community Iowa 70

Independent Banker

NOVEMBER 24, 2015

In a Federal Reserve Bank of Boston survey of mobile banking and payment services released in August, roughly three-fourths of about 600 community banks and credit unions in five Federal Reserve districts that were polled were offering some kind of mobile service. An ATM or branch locator is another standard mobile function. Check ordering.

Community Bank 70

Community Bank Boston Community Iowa 70

PYMNTS

AUGUST 4, 2016

Passport has designed similar mobile applications for the transportation systems in Chicago, Toronto and Boston. The study found that both millennials and non-millennials want to use mobile to manage finances, and cash is becoming less important to both groups. But the similarities end there.

Samsung 100

Samsung Google Mobile Millennials 100

PYMNTS

OCTOBER 13, 2016

London transportation that accepts Oyster will support mobile payments of up to £30 only, and for larger amounts, users can use Vodafone Pay at retailers, which requires a PIN. Carrier billing allows uses to make online payments. Vodafone is the third-largest mobile operator in the U.K. But In the U.S., Apple Needs To Diversify.

Mobile 100

Mobile Payments Apple Samsung 100

Independent Banker

OCTOBER 29, 2014

Big-brand megabanks, the Visa and MasterCard networks, and big-box merchants had signed up to become partners with Apple’s universal retail smartphone app that uses Near Field Communication and tokenization technologies. The two youngest age groups show 60 percent and 50 percent adoption rates among smartphone users.

Mobile 105

Mobile Community Bank Community Technology 105

CB Insights

APRIL 17, 2018

He received his MBA in 1993 from UT Austin before joining Credit Suisse First Boston as an Equity Research Analyst, where he focused on computer hardware and software. Brian Singerman started his career as a Software Engineer for 3D online virtual-world company, There Inc. PROFILES OF THE TOP 20 VENTURE CAPITAL PARTNERS. BILL GURLEY.

San Francisco 71

San Francisco CA Capital Operations 71

PYMNTS

SEPTEMBER 23, 2020

A group of investors led by global financial investment giant Warburg Pincus announced on Wednesday (Sept. 23) that they have closed on a deal with the Boston-based software and eCommerce company for $155 million in a Series E round of financing. The company was also named a leader in IDC’s Product Information Management Marketscape.

Boston 154

Boston Branding Online Analytics 154

PYMNTS

DECEMBER 11, 2019

Co-founder James Bello initially worked at the headquarters of a major retail chain, and then moved to Boston to serve in their innovation group. Combining that knowledge with Bello’s retail experience, they were able to get the product to market after completing the recipes and packaging. .

Millennials 144

Millennials social media Retail United States 144