PYMNTS

FEBRUARY 11, 2019

Amid great technological change, health and beauty retailers are developing strategies to drive innovation. In some cases, retailers are using social media tools such as Instagram to post promotions and product tutorials — or interact openly with consumers about their offerings. More than six in 10 health and beauty firms — or 61.7

Innovation 166

Innovation Retail social media Apple 166

PYMNTS

FEBRUARY 7, 2020

Brick-and-mortar retailers are testing convenience store designs that let consumers skip the checkout line and pay for their purchases with their mobile phones. 7-Eleven President and CEO Joe DePinto said in an announcement , “Retail technology is evolving at a rapid pace, and customer expectations are driving the evolution.

Retail 143

Retail Dallas Massachusetts Technology 143

PYMNTS

FEBRUARY 20, 2019

The legal cannabis industry is large as of the start of 2019 – and, according to most experts, it’s on track to get even larger. Worldwide legal cannabis products represented a $55 billion market in 2018, and most analysts estimate that it will have nearly tripled to reach $147 billion by 2025. Here in the U.S.,

Retail 136

Retail District of Columbia San Francisco Denver 136

PYMNTS

JULY 21, 2017

No longer are retailers working with marketers to figure out a way to mass market products and services. With the advent of connected devices in the palm of almost every consumer’s hand, the retail ecosystem has certainly seen a shift.

Retail 137

Retail social media Customer Experience Boston 137

PYMNTS

FEBRUARY 1, 2021

The move comes as the retail industry is reeling from a double blow: fallout from the pandemic and the great shift of consumer buying to online sales. Simon owns such properties as the upscale Copley Place in Boston. The new company will be a special purpose acquisition company (SPAC) called Simon Property Group Acquisition.

Groups 139

Groups Company Indianapolis Exercises 139

PYMNTS

JULY 31, 2019

Call Blue Apron what you will: a struggling retailer, a comeback kid, a prime example of hype in the online world, a respectable survivor. The idea took off, with “growth (looking) like a steady exponential curve, aided by word of mouth and social media marketing,” according to the BI account. Back to 2012.

Industry 110

Industry social media New York City Retail 110

PYMNTS

AUGUST 16, 2018

It cites a figure from the Federal Reserve Bank of Boston that says more than 80 percent of rent payments are made via cash or paper checks. The move from analog to digital — from paper to electronic payments — is an ongoing trend for a variety of industries, including construction and government.

Industry 105

Industry Payments Online Boston 105

PYMNTS

JULY 31, 2019

Call Blue Apron what you will: a struggling retailer, a comeback kid, a prime example of hype in the online world, a respectable survivor. The idea took off, with “growth (looking) like a steady exponential curve, aided by word of mouth and social media marketing,” according to the BI account. Back to 2012.

Industry 100

Industry social media New York City Retail 100

Gonzobanker

AUGUST 15, 2017

The American auto industry is on the verge of a bubble that is ready to pop. According to an estimate by Boston Consulting Group, “One-quarter of miles driven in the U.S. Over the last five years, banks and credit unions have been loosening underwriting policies to maintain competition in the growing auto market.

Industry 107

Industry Lending Policies United States 107

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 What’s important is that the retail industry doesn’t have too many casualties.”. business would have a hard time succeeding.

Boston 141

Boston Online Groups Retail 141

PYMNTS

JULY 23, 2020

But Walmart is looking to open more, CNBC reported, as it attempts to get into the health market. The retail giant is also looking at opening clinics in the Jacksonville area of Florida, and it will open two clinics in Chicago, which would bring the total number of Walmart clinics to 13.

Atlanta 170

Atlanta Georgia Jacksonville Florida 170

PYMNTS

JULY 8, 2019

In a new PYMNTS interview, Andrei Cherny, CEO at Aspiration Bank, shares with Karen Webster his experience in building this new retail banking concept over the last four years. What we’ve really done is create this category of socially conscious, sustainable retail banking that really didn’t exist before,” Cherny said. “We

Retail 116

Retail New York City Millennials Boston 116

PYMNTS

FEBRUARY 22, 2018

Restaurants may want to reach more delivery customers by expanding into new markets, especially as the market for food delivery could grow to $17 billion by 2020. And Grubhub has been in expansion mode , gobbling up Boston-based Foodler, Groupon’s OrderUp and Yelp’s Eat24 in 2017. Target Market.

Marketing 134

Marketing Boston Operations Retail 134

PYMNTS

MARCH 2, 2017

Boston-based athletic company New Balance has a simple mission: to become the world’s best running brand. Said simply, New Balance is rethinking athletic footwear retail — how to sells shoes, where to sell shoes and how to carry on its relationship with its customers across channels — and in between sneaker replacements.

Retail 100

Retail Boston Community Branding 100

PYMNTS

JANUARY 8, 2020

Digital is transforming global retail, and it will transform McDonald ’s,” said CEO Chris Kempczinski. “At Before coming to McDonald’s, Brady worked at the Boston Consulting Group. Digital orders are booming across the industry; they have increased 23 percent in the last four years, reaching $26.8

Boston 131

Boston Meeting Strategy Technology 131

PYMNTS

MAY 7, 2020

Amid lockdowns and a global economic collapse not seen since the Great Depression, the luxury industry faces a challenge like never before, according to a Bain & Company survey. The coronavirus crisis will force the industry to think more creatively and innovate even faster to meet a host of new consumer demands and channel constraints.”.

Data 151

Data Survey Boston Study 151

PYMNTS

JUNE 5, 2019

While some markets may be seeing relatively slower adoption of mobile point-of-sale (mPOS) than others, there’s no denying that the overall popularity of mobile and contactless payments are growing fast among consumers. In markets like the U.S., percent between 2017 and 2026. Tech giant Apple is also upping its payments game.

San Diego 130

San Diego Apple America Mobile 130

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. The hackathon began at 8 p.m.

Retail 101

Retail Payments Boston Innovation 101

PYMNTS

AUGUST 8, 2017

With the advent of artificial intelligence (AI), retailers and merchants have the capability to reach a much larger array of consumers on an extremely tailored and personal level. As such, it should come as no surprise that many retailers are using AI to help boost both their products and services.

Retail 128

Retail Customer Experience Boston Branding 128

PYMNTS

OCTOBER 18, 2016

ImageSurge, a Boston-based unattended retail service provider, is looking to change the way consumers window shop. Here’s a preview: So far, Alshine said, imageSurge has been adopted by more than 150 retail storefronts and dozens of real estate companies throughout the U.S. ” Around the Unattended Retail world.

Retail 100

Retail Boston Mobile Technology 100

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. On-Demand Days .

Report 109

Report San Francisco Retail United States 109

PYMNTS

FEBRUARY 26, 2019

Caesars Entertainment announced that it has reached an agreement to offer DraftKings , the leading sports-tech entertainment brand in the country, providing market access for its online gaming products. In New Jersey and Mississippi, DraftKings Sportsbook mobile and retail allows players to bet for major U.S. and Australia. .

Online 108

Online Mississippi New Jersey Boston 108

PYMNTS

JUNE 2, 2020

trillion global B2B e-Commerce market,” he said, in a Tuesday (June 2) press release. We typically pay our suppliers upfront, which ties our cash up in inventory costs and keeps us from planning very far ahead and investing in our business,” said Necia Boston, founder of Greenville, N.C.-based based B.A.A.B.S.

Kansas 143

Kansas Boston America US 143

PYMNTS

SEPTEMBER 30, 2016

Cosi, the Boston-based sandwich chain renowned for its flatbread sandwiches, filed for bankruptcy in a Boston courtroom. “Without technology, this industry is not going to move much further.” Will Sears be the next major retailer to file for bankruptcy? 31, are being denied shore leave by U.S. and Rue21, Inc.

Boston 100

Boston Retail Nebraska Study 100

PYMNTS

NOVEMBER 15, 2019

Amazon To Build $40M Robotics Innovation Hub Near Boston. Governments are tightening know your customer (KYC) and anti-money laundering (AML) requirements on various industries out of increasing concern over fraud threats. million American adults subscribing to some type of subscription retail product offering.

Google 139

Google Payments Apple cryptocurrency 139

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

PYMNTS

JULY 30, 2019

The company has also expanded Starbucks Delivers with the help of Uber Eats, which is in more than 2,700 stores in 11 markets. As if that’s not enough, McDonald’s — the granddaddy of the QSR industry, and which posted a better-than-average Q2 in terms of same-store sales both in the U.S. The old QSR is dead. Long live the new QSR.

Mobile 148

Mobile New York Philadelphia Google 148

PYMNTS

JUNE 9, 2017

That retail is changing rapidly — and that many of its oldest and most established players are struggling to keep pace — is not much of a surprise these days. Everyone knows retailers are in trouble — at this point, the whole market knows it. And retailers also know they have a problem,” said Arish Ali, CEO of Skava.

Retail 116

Retail Mobile Miami Marketing 116

PYMNTS

AUGUST 24, 2019

As diehard baseball geeks pout about having to share TV time with another major sport, and most of the country goes into New England Patriot-hating mode, the digital payments and commerce industry gets pretty optimistic – and even excited. For the 2019 NFL season – PYMNTS is based in Boston, so Go Pats! –

Payments 161

Payments social media Mobile Seattle 161

PYMNTS

OCTOBER 8, 2020

We want restaurants to work so badly that we are willing to lie to ourselves,” Heather Mojer, co-owner and beverage director at Boston-based Big Dipper Hospitality Group , operator of the Café Du Pays, Mamaleh’s Delicatessen and State Park restaurants, wrote in an Instagram post. “We

San Francisco 291

San Francisco Boston Operations Report 291

PYMNTS

JANUARY 7, 2020

They can then select a host, which could be, say, a retail store or hotel, and enter their drop-off and pick-up times in addition to their number of small and/or large bags. Pricing and Target Market. The company’s target market, Korbel said, runs “the gamut.” It will serve the college student who is in Washington, D.C.,

New York City 132

New York City Washington Training Austin 132

PYMNTS

SEPTEMBER 28, 2019

According to McKinsey , if you take the approximate value of all the sleep swag on the market as of 2018 –think luxury pajamas , high-end bed linens , cuddling robots , DTC mattresses and odd gadgets – it generates somewhere between $30 billion and $45 billion annually in revenue worldwide. Boston Med has offered Sleepio since 2016.

Boston 145

Boston Study Maine social media 145

PYMNTS

APRIL 12, 2018

Since then, Amazon has become such a dominant powerhouse that other retailers have had to emulate its shipping strategies. According to reports from technology news source Recode , that means these firms need large tracts of industrially zoned land near major cities — something that is not easy to come by.

Chicago 106

Chicago Dallas Software Retail 106

PYMNTS

MAY 10, 2018

In a statement at the time, the FI’s CEO, Rana Kapoor, said the B2B payment landscape was in the midst of a “tectonic shift with the influx of new financial technologies revolutionizing the way banking services are offered to corporate and retail customers.” Rising Risks, Demand For Digitization: A Double Threat.

Lending 100

Lending Analytics Retail Boston 100

PYMNTS

JANUARY 10, 2018

That’s why these industry giants make a point of giving the little guys a leg up whenever possible. Mastercard’s “Grow Your Biz” contest for SMBs in Boston, Massachusetts, concluded in December. Mastercard and Bank of America know it’s not easy. They lack background on solutions and management.

Boston 100

Boston America Resources Massachusetts 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. and a serious disruptor to the $24 billion annual lingerie industry long dominated by Victoria’s Secret ? million in funding.

Data 100

Data Retail Industry Boston 100

PYMNTS

APRIL 27, 2018

There’s a rule of thumb at fast food and quick-serve restaurants (QSR): a seven-second reduction in customer wait time results in an average 1 percent gain in market share. In the latest quarter, the percentage of QSRs using kiosks rose four percentage points, to 41 percent of the industry. There’s still plenty of room for growth.

Innovation 105

Innovation Study Google Survey 105