PYMNTS

AUGUST 21, 2020

And there’ll be quite a bit of tinkering with the technology (especially the infrastructure) and the use cases to get there. Earlier this month, as PYMNTS noted , the Federal Reserve said its Boston bank is working with the Massachusetts Institute of Technology (MIT) to explore the possibility of issuing digital currency.

Boston 269

Boston Massachusetts Knowledge Base Policies 269

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

JANUARY 18, 2019

Grocers are using autonomous vehicles to help bring fresh food to the doorsteps of consumers, and news came this week that another retailer plans to use the technology: Approximately one month after Kroger announced that it had started to use autonomous vehicles in Arizona, Stop & Shop is intending to use them in the Bay State.

Retail 129

Retail Branding Arizona United States 129

PYMNTS

MAY 29, 2020

He was an essential part of a program that taught Main Street businesses about technology platforms and how to onboard them quickly and efficiently. A partnership was born, and the students could then help retailers get onto the Shopify program and generate precious revenue. But not everything is digital in bringing retail back.

Maine 142

Maine Retail Google Community 142

PYMNTS

OCTOBER 17, 2016

Mobile is one of the fastest-growing retail sectors at the moment and still projects to grow for years to come, but the technology is still not where most retailers want it. percent of all retail sales for the year. Currently, smartphone users make up about 64 percent of the U.S. That’s an estimated $130.92

Retail 100

Retail Mobile Survey Boston 100

PYMNTS

APRIL 19, 2019

To let shoppers experience their products in person, brands are opening brick-in-mortar stores in major shopping destinations, even as major retailers are closing stores across the country. Tivoli Audio , which is a 19-year-old global brand, opened a 500-square-foot store on Boston’s famed Newbury Street in a brownstone.

Retail 144

Retail Branding Boston Online 144

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. But the other two technologies are up and running and will have a tangible effect on eCommerce metrics.

Retail 259

Retail Maine Google Technology 259

PYMNTS

AUGUST 29, 2020

Cars are getting technologically impressive, but they don’t fly as of yet. Well, there are lots of technological limitations in the field, and it turns out that consumers aren’t all that into robots anyway. Although they look kind of dog-like, they’re actually quadruped robots designed by Boston Dynamics and leased by Ford.

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

DECEMBER 18, 2020

As reported by Reuters , the Sand Dollar – a new digital currency issued and backed by the Bahamian central bank – is now in circulation, and bit by bit, has been making inroads into retail use cases. The money is spendable at a number of retail locations. Central Banks Around the World Eye CBDCs.

Cleveland 357

Cleveland Massachusetts Boston cryptocurrency 357

PYMNTS

FEBRUARY 1, 2019

Big brands are opening pop-up shops chock full of digital commerce technology and experiences for fans, and Nike is no exception. Beyond the pop-up shop, the retailer is opening a “Studio of Dreams” Super Bowl Content Studio on the same block. That store is located only 45 minutes away from one of its Boston-area locations.

Atlanta 127

Atlanta Retail New York City New York 127

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

FEBRUARY 4, 2020

The Staples Connect concept, which will be officially introduced in six Boston area stores on Feb. Retail, said per the announcement, “We recognize that the way people shop is changing, and with the launch of Staples Connect, we are adapting to fit the needs of our customers.” Mike Motz, CEO of Staples U.S. Puerto Rico and the U.S.

Puerto Rico 151

Puerto Rico Virgin Islands Massachusetts Boston 151

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

JANUARY 8, 2020

McDonald’s, with an increasing focus on digital initiatives and new technologies to sell food, has created a digital customer engagement team, according to a report by CNBC. It also continues to pursue partnerships with food delivery companies and to make significant investments in technology. billion in sales, per the report.

Boston 131

Boston Meeting Strategy Technology 131

Celent Banking

FEBRUARY 14, 2017

Indeed, it does not take extensive examination to see, in Wayne Gretzgy’s words, “where the puck is going” Digital needs to be a top technology priority among financial institutions – particularly in highly digitally-directed markets such as North America and Western Europe. That is changing, but not quickly.

Retail 100

Retail Survey Boston Trends 100

PYMNTS

NOVEMBER 24, 2020

Retailers, in particular, are wary of adopting 2FA because of the frictions the method can present, and their fears are not without merit. Other companies are leveraging advanced technologies like artificial intelligence (AI) and machine learning to boost their onboarding solutions.

Online 272

Online Report Customer Experience Analytics 272

PYMNTS

MARCH 15, 2019

As it stands, mobile ordering is available at the chain’s Denver, Boston and Houston locations — and more markets are said to be in the works for this year. The retailer reported net income for the fourth quarter of $102.6 To keep tabs on the latest retail trends, check next week’s Retail Pulse. million compared to $323.4

Mobile 108

Mobile Retail Houston Denver 108

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

APRIL 1, 2020

Based in Newton, Massachusetts, Paytronix is offering its self-service online ordering setup for free for six months to customers of Toast , which specializes in restaurant technology, notably point-of-sale (POS) systems for restaurants. At the time, Paytronix said the funding was to jump-start growth.

Online 150

Online Boston Massachusetts Software 150

PYMNTS

DECEMBER 24, 2020

Building The (Retail) Use Cases. Jeremy Allaire , CEO of financial technology firm Circle , told PYMNTS that digital currencies are ready to transition from speculation to become more broadly adopted in everyday commerce. . Part of the enthusiasm from investors comes as use cases have proliferated. Keeping An Eye On Fraud.

cryptocurrency 258

cryptocurrency Bitcoin Course Boston 258

PYMNTS

OCTOBER 17, 2017

It’s a hungry brand, gobbling up three different food delivery competitors in the last quarter alone: Boston-based Foodler, Groupon’s OrderUp and most recently, Yelp’s Eat24. OrderUp does, however, continue to operate in 11 markets, which license the platform’s technology and mobile app, though they may not be doing business under its name.

Baltimore 138

Baltimore Boston Chicago Mobile 138

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. The hackathon began at 8 p.m.

Retail 101

Retail Payments Boston Innovation 101

PYMNTS

JANUARY 18, 2018

Austin, Boston, New York and D.C. Boston, Massachusetts. Higher paying technology-focused employment positions mean higher demand for higher-priced homes and retail, too — and also potential changes in the political standings of whomever green lights an Amazon deal. Politicians across the U.S. Austin, Texas.

Columbus 101

Columbus Los Angeles North Carolina New York 101

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

DECEMBER 4, 2020

ShipMonk has pulled in $290 million in a funding round led by Boston-based Summit Partners as part of an expansion effort. Florida’s ShipMonk, started in 2014, offers eCommerce fulfillment services and technology solutions.

Boston 167

Boston Branding US Online 167

PYMNTS

AUGUST 3, 2017

Are shopping malls doomed to fall by the wayside along with retail trends of the past? This year, Boston Retail Partners principal analyst Ken Morris shared his thoughts with Glossy on the closing department stores and what’s happening as a result. Not quite yet. But what’s interesting is what’s happening to the good malls.

Retail 133

Retail Massachusetts Technology Boston 133

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

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. Roche Bros.

Innovation 126

Innovation Retail Mobile Massachusetts 126

PYMNTS

OCTOBER 10, 2016

As retailers improve their inventory and fulfillment options, the gap between in-store and online commerce appears to be shrinking, at least according to a new report. foot traffic to retail stores saw its largest drop, 9.9 percent, in May, according to RetailNext. Brands are making that investment and it really is paying off.”.

Online 100

Online Boston Retail Mobile 100

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

SEPTEMBER 27, 2017

We all want to know what ‘it’ is it in our technology, our clothes and our personal lives.”. But despite the general interest in the area, the conversations around innovation and what’s next in technology isn’t always directed at women, or particularly tailored to their interests. And physical.

Groups 158

Groups Las Vegas Retail Branding 158

PYMNTS

SEPTEMBER 17, 2020

But: The bank is keeping an eye on the experiences and progress of other nations, and still is researching its own technological and “policy implications” of wholesale forms of CBDC. Separately, of course, the People’s Bank of China (PBOC) has said that a test of a CBDC rests with small retail transactions — not large-volume transactions.

Policies 181

Policies Boston Examples ATM 181

PYMNTS

AUGUST 24, 2019

CenturyLink Field, home of the Seattle Seahawks , was the first NFL stadium to adopt the technology. But it’s not just payments where the NFL and other sports can shine when it comes to digital and mobile technologies. For the 2019 NFL season – PYMNTS is based in Boston, so Go Pats! –

Payments 161

Payments social media Mobile Seattle 161

PYMNTS

OCTOBER 16, 2019

Boston startup True Tickets is teaming up with the Broadway theater company The Shubert Organization for blockchain-based mobile ticket delivery , the companies said in a press release Wednesday (Oct. Shubert Ticketing sells tickets through its retail brand, Telecharge, as well as through hundreds of third-party agents.

blockchain 108

blockchain Boston US Customer Experience 108

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