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Retail Brands And FIs Move Toward Digital Offerings

PYMNTS

The news about Nike ’s fourth-quarter earnings announcement focused on what would be a large loss at any other time, but the real story is a full and dramatic reposition of a top global brand toward “ digital 3.0.” 8M: Minimum number of times the Nike Commerce app has been downloaded since February.

Branding 141
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NEW DATA: The Six Reasons Why More Consumers Are Buying Directly From Brands

PYMNTS

These are among the key findings that have emerged from PYMNTS’ latest research study, D2C And The New Brand Loyalty Opportunity , a collaboration with sticky.io. PYMNTS research reveals some dramatic shifts in how consumers are obtaining CPG brands both online and offline. percent bought new retail product brands.

Branding 245
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Positive Developments In Retail, eCommerce Amid The Pandemic

PYMNTS

Bed Bath & Beyond reported that comparable digital sales increased throughout its brands at a time when the pandemic is serving as a headwind to its store traffic. In off-price retail, discount stores have experienced large sales gains and opened many new sites, while department stores have gone under or closed hundreds of locations.

Retail 142
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Retail Pulse: Dine Brands Teams With Postmates; Walmart Rolls Out Alcohol Pickup

PYMNTS

For instance, Dine Brands , the parent company of Applebee’s Neighborhood Grill + Bar and IHOP restaurants, is teaming with Postmates to offer delivery from thousands of locations, according to an announcement. Consumers can order delivery from IHOP or Applebee’s by visiting the Postmates website or downloading the company’s app.

Branding 101
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OmnyPay exec: Retailers face hurdles with mobile apps

Payments Dive

While 84 percent of shoppers are using their smartphone for retail shopping purposes, retailers are facing more than a few obstacles when it comes to downloads of a branded app.

Retail 186
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eCommerce Takes Half Of Pandemic-Driven Retail Growth

PYMNTS

The dramatic consumer shift to Digital 3.0 — predicted months ago by the PYMNTS COVID-19 tracker work — is accounting for almost half of the retail growth in the US. It found that eCommerce growth as of May 1 was up 68 percent, surpassing 40 percent of total retail sales. Overall Chinese retail sales of consumer goods dropped 2.8

Retail 231
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MakerSights Enables Actionable Product Intelligence For Brands, Retailers

PYMNTS

As a retail segment, fashion and apparel design have always walked the line between a creative endeavor and meeting the demands of a global, consumer-facing industry. Brands can’t afford to bet wrong on what products will appeal to customers. But that’s no longer the case.”.

Branding 108