PYMNTS

DECEMBER 8, 2020

As various governmental agencies, healthcare organizations and drug companies step up their efforts to get vaccines distributed, it looks like retail will have a major role to play. Among the retailers are Kroger, Albertsons, CVS, Walgreens and Rite Aid. According to The Wall Street Journal , the U.S.

Retail 151

Retail Boston Analysis Report 151

PYMNTS

JUNE 8, 2017

Industrial rents in already-expensive cities like Los Angeles and Boston are expected to get a boost because of weed startups, according to Bloomberg Markets. Industrial rents in Seattle and Portland each rose 27 percent in the same period. And so-called ganjapreneurs have different needs than typical tenants.

Boston 100

Boston Los Angeles Portland Denver 100

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 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 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. Somewhat less apparent, however, are the complexities that the “legalish” status of cannabis consumption creates for retailers that one might not immediately associate with legalized marijuana.

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. Through this omnichannel experience, retailers have more ways to connect with consumers.

Retail 137

Retail social media Customer Experience Boston 137

PYMNTS

FEBRUARY 17, 2020

Boston is home to the world’s “statement race” — the Boston Marathon. you’d be hard-pressed to find a Chowdahead who doesn’t think Boston is the running capital of the world. you’d be hard-pressed to find a Chowdahead who doesn’t think Boston is the running capital of the world. Bostonians take their running seriously.

Boston 175

Boston Marketing Training Branding 175

PYMNTS

NOVEMBER 14, 2018

And European retailers are embracing digital payments: H&M, for instance, recently inked a partnership with Klarna through which they will further integrate H&M’s physical and digital stores. The expected size of the digital payments industry by 2027 is $2.4 The company also reported that online retail sales may hit $123.73

Retail 131

Retail Payments Apple Online 131

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. Rumors had Walmart wanting to buy Blue Apron — the retail chain, after all, was and still is engaged in an existential struggle with Amazon, and was trying to pump up its eCommerce offerings.

Industry 110

Industry social media New York City Retail 110

PYMNTS

AUGUST 29, 2020

Although they look kind of dog-like, they’re actually quadruped robots designed by Boston Dynamics and leased by Ford. Although Ford is leasing them, Boston Dynamics has recently started selling the robo-mutts for $75,000 apiece. And while Boston Dynamics is one of the better-known names in the robot game, it’s far from the only one.

Boston 238

Boston Detroit Technology California 238

PYMNTS

JUNE 27, 2017

Over the course of the last few years, eCommerce has sprung up and put the brick-and-mortar side of the retail industry on notice. It is also changing the retail game by eliminating the need for checkout stations through its artificial intelligence (AI) infused checkout system in its Amazon Go grocery store.

Boston 155

Boston Retail Customer Experience Seattle 155

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. Rumors had Walmart wanting to buy Blue Apron – the retail chain, after all, was and still is engaged in an existential struggle with Amazon, and was trying to pump up its eCommerce offerings.

Industry 100

Industry social media New York City Retail 100

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

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. And yet, overall spending across the luxury industry could shrink by as much as 45 percent through 2020, as other regions and countries – Europe and the U.S.

Retail 169

Retail Boston Groups Regional 169

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

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. The industry is also seeing portfolio conditions progressively weaken. Implement a strategic risk monitoring process for eventual shifts in the auto industry.

Industry 107

Industry Lending Policies United States 107

PYMNTS

OCTOBER 12, 2020

The average daily sales for retail, food and beverages was 4.9 Boston Consulting Group in September has estimated that the demand for luxury goods could underpin a spending boost on the order of 30 percent as the Chinese economy rebounds. The province of Hainan, for example, has shown a 150 percent increase in sales —1.04

Boston 130

Boston Retail Groups National 130

PYMNTS

JULY 23, 2020

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. James Gardner, a Boston-based retail healthcare consultant, told CNBC opening clinics in different places will let Walmart test its success.

Atlanta 170

Atlanta Georgia Jacksonville Florida 170

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. The Run Hub.

Retail 100

Retail Boston Community Branding 100

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

JUNE 9, 2020

While the pace of layoffs and discharges in such hard-hit sectors as accommodation, food services and retail moderated somewhat in April, they jumped in construction, wholesale trade and information industries.

Report 130

Report US United States Boston 130

PYMNTS

APRIL 1, 2020

We’re in an extraordinary time in the restaurant industry in which having an efficient way for guests to order online for takeout or delivery is a matter of survival,” said Tim Ridgely, head of order and delivery for Paytronix. “We Brands can also add delivery partners, offer curbside pickup and no-contact delivery.

Online 150

Online Boston Massachusetts Software 150

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

APRIL 4, 2018

Retail continues to migrate toward eCommerce, but warehouse space is not designed to keep up with the increasing pace of online orders. are in areas such as New Jersey, Boston, Pittsburgh and Philadelphia. The average age of a warehouse in the U.S. is more than 30 years old, and many lack modern features, CNBC reported.

Las Vegas 221

Las Vegas New Jersey Phoenix Philadelphia 221

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 28, 2019

The chairman of Reliance Industries has run into a hitch in his quest to take on Amazon in India and become the biggest eCommerce company in the country, according to reports. Abheek Singhi, head of Boston Consulting Group’s consumer practice in India, said that sharing information between “two legal entities is going to be very difficult.”

Data 135

Data Boston Regulation Retail 135

PYMNTS

DECEMBER 4, 2019

The beauty brand has launched pop-up shops in cities such as Austin, Miami, Boston and London, but its success has primarily been in online sales of its lotions, lash products and soft, pink-colored lip balms since its 2014 inception. The department store retailer has also reportedly worked with Allbirds, Everlane and Away.

Los Angeles 131

Los Angeles New York Miami Austin 131

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

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. While accessories have shown the most resilience, the survey found all luxury categories have seen declines. The biggest category to take a hit is watches.

Data 151

Data Survey Boston Study 151

PYMNTS

OCTOBER 31, 2016

From loyalty to inventory management and data to omnicommerce strategy, there’s no shortage of available features and options for retailers looking to upgrade to full-service payments solutions. Even after a retailer does find a suitable option, integrating the system into their operations can be a challenge.

Payments 100

Payments Boston Retail System 100

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

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

SEPTEMBER 4, 2020

After cherished Boston dining spot, Stella, closed its doors due to pandemic losses, chef and owner Evan Deluty couldn’t let the dream die — or his heavenly preparations disappear — and has reinvented Stella as a gourmet food truck.

Boston 205

Boston San Francisco New York City Portland 205

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

JUNE 5, 2019

A recent analysis valued the global mPOS industry at $26 billion in 2018, and it is expected to increase at a compound annual growth rate (CAGR) of 18.8 Some companies, such as French sporting goods retailer Decathlon , are turning to QR codes as they expand to new markets, notably the U.S. percent between 2017 and 2026.

San Diego 130

San Diego Apple America Mobile 130