PYMNTS

JUNE 16, 2017

When it comes to the ramifications for the retail industry, a Deloitte study found that 56 cents of every dollar spent in retail stores today is influenced by digital interactions. As such, it would behoove retailers to invest wisely in incorporating social media strategies into their overall marketing campaigns.

Study 119

Study Online social media Retail 119

PYMNTS

JULY 18, 2016

This newfound cost consciousness is reshaping the retail industry in everything from spurring the rise of fast fashion at the expense of mall “anchor stores,” to the increasing popularity of off-brands or store brands in the supermarket, to the shift in the apparel business, to off-price retail outlets over full-priced department stores.

Branding 100

Branding Retail Study Portland 100

PYMNTS

AUGUST 31, 2017

Retailers trying to bridge the growing gap between the shopping trends of Baby Boomers, Generation Z and every demographic in between may think they have the different generations figured out, but in some cases, operating on assumptions can lead to missed sales. Baby Boomers. These consumers were born between 1946 and 1964, and the U.S.

Retail 147

Retail Millennials Study Trends 147

PYMNTS

AUGUST 17, 2020

The Commerce Department released July’s retail sales last week, showing an increase in seasonally adjusted retail spending – up 1.2 Analysts reported that physical retail sales, seasonally adjusted, were up 2.7 And what we also see is only one part of the retail sales story. percent growth in June.

Retail 335

Retail Branding Online Report 335

PYMNTS

AUGUST 9, 2016

A new study by The NPD Group found that anything related to health and wellness ­­— like wearable technology , basketball gear, sweats and active bottoms (AKA exercise pants), running products, outdoor sports and toys, running gear, portable beverageware — were among the fastest-growing retail categories between Dec. 2014 and Dec.

Retail 100

Retail Study Millennials Exercises 100

PYMNTS

DECEMBER 11, 2020

Insofar as consumers are still shopping in stores, the latest study demonstrated increased levels of interest in using touchless payment options at brick-and-mortar shops. According to the study, 35.3 Consumers are doing most of the grocery shopping these days at the large national chains in general, and Walmart in particular.

Study 240

Study Online Cards National 240

PYMNTS

AUGUST 1, 2016

Sure, you could make an argument for Wall Street as New York’s economic engine and the Statute of Liberty or the Empire State Building as its top tourists draws, but a study by the Times Square Alliance found that $0.22 billion annually in retail, entertainment and hotel sales. That amounts to $4.8 That’s a lot of money.

Retail 100

Retail New York City New York National 100

PYMNTS

MAY 27, 2016

Mashable reported that Amazon produced two 30-second TV spots to air during the Thursday (May 26) night finals of the Scripps National Spelling Bee. ” The winner of the national spelling bee is awarded a $40,000 cash prize, but if they parlay their newfound fame into sneaker or Pepsi deals, their fortunes are just beginning.

Branding 100

Branding Comparison National Study 100

PYMNTS

APRIL 23, 2019

Last week, wireless carrier T-Mobile announced it would throw its hat into the mobile banking arena with the national rollout of T-Mobile MONEY. T-Mobile MONEY isn’t the first non-bank to offer branded banking services, or to tap into the consumer desire to seek an alternative to the more traditional bank. Overall, 57.5

Millennials 145

Millennials Mobile Study Branding 145

PYMNTS

MAY 11, 2018

That’s one of the driving ideas behind a new service that Marriott International recently launched for Chinese travelers going overseas — a service that also helps to demonstrate how the country’s growing tourist class is changing payments and retail. Last year, the U.S.-based But mobile is only the beginning.

Retail 129

Retail Payments social media Mobile 129

PYMNTS

DECEMBER 15, 2019

A similar study this year indicated that number increased to approximately half. However, the report noted that almost 190 million Americans shopped in stores or online over the Thanksgiving weekend in 2019, marking an increase of 14 percent from the prior year, per the National Retail Federation.

Survey 140

Survey US New York Millennials 140

PYMNTS

DECEMBER 15, 2019

A similar study this year indicated that number increased to approximately half. However, the report noted that almost 190 million Americans shopped in stores or online over the Thanksgiving weekend in 2019, marking an increase of 14 percent from the prior year, per the National Retail Federation.

Survey 131

Survey US New York Millennials 131

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

JULY 22, 2019

Much of the excitement surrounding automated retail — aka cashierless retail — has been driven by Amazon Go, but the enthusiasm for “just-walk-out” technology has been tempered by the stores’ limited locations. The next wave of automated retail might be heralded by U.K.-based Unattended Retail Can Boost Sales.

Innovation 125

Innovation San Francisco Retail Study 125

PYMNTS

MAY 30, 2016

But for all the glories of summer — long days, vacations and a built-in excuse to substitute ice cream for any actual meal — summer does have one asterisk for retailers in the U.S. So what fun in the sun can the nation’s retailers expect this year? However, across the U.S. Strange, but not necessarily bad.

Retail 100

Retail Course United States Boston 100

PYMNTS

FEBRUARY 26, 2020

After Nordstrom and Macy’s recently launched high-end resale retail platforms, Gap has now joined them. And lest you think it’s a bit of desperation move for struggling retailers, guess again. Instead of receiving cash they get a credit with the retail partner. Resale is becoming mainstream.

Chicago 131

Chicago Retail Michigan Branding 131

PYMNTS

MAY 27, 2020

With so many retailers hustling to capture the digital shift, it’s easy to let the details suffer. A new category is starting to grow around this area of online reputation management, with Lexus one of the latest brand names to embrace it. “At Lexus, we have always held guest experience as our top priority.

Online 151

Online Management social media Branding 151

PYMNTS

FEBRUARY 17, 2020

Matt Taylor, co-founder and CEO of running apparel brand Tracksmith has found himself and his company a little slice of Boston’s running history. Taylor said marketing activities reflect his current scale as a small D2C brand. He studied psychology and biology at Yale. Yes, we will draw a crowd at the store.

Boston 175

Boston Marketing Training Branding 175

PYMNTS

DECEMBER 24, 2019

All that’s left now, more or less, is the rush of returns that will all but overwhelm some retailers. However, after almost 50 years, it began to fade in the 1980s, disrupted by the emergence of store-branded credit cards. Big Brands. So, what kinds of products will people be getting this year? Top Sellers. That’s not all.

Millennials 139

Millennials Branding Trends Retail 139

PYMNTS

NOVEMBER 13, 2019

Since an increasing amount of BFCM shopping is comprised of online orders, Clearbanc said it’s important for eCommerce brands “to front-load inventory sourcing for the holiday season.”. Consumers are most concerned with getting good deals around the holiday season, according to a recent study by Deloitte. percent.

Online 106

Online Study Capital Survey 106

PYMNTS

NOVEMBER 13, 2019

Since an increasing amount of BFCM shopping is comprised of online orders, Clearbanc said it’s important for eCommerce brands “to front-load inventory sourcing for the holiday season.”. Consumers are most concerned with getting good deals around the holiday season, according to a recent study by Deloitte. percent.

Online 105

Online Study Capital Survey 105

PYMNTS

APRIL 23, 2020

NBCUniversal , owned by Comcast , will allow consumers to buy products from branded TV advertisements, articles and videos without going to a new website, according to a CNBC report. The system is called NBCU Checkout and allows businesses to set up a new shop for customers where they can sell to consumers with just one integration.

social media 144

social media Video Branding Study 144

PYMNTS

JANUARY 21, 2020

JPMorgan has created a $100 billion funding arm to expand investments in emerging markets and help the United Nations meet its sustainable development goals. Mastercard on Helping Retailers Strike the Right Innovation Balance. JPMorgan Creates $100B Funding Arm to Help UN. Group Effort for Central Banks and Digital Currencies?

Retail 130

Retail Groups Payments Innovation 130

PYMNTS

JULY 7, 2017

Generation Z are the next up-and-coming group of shoppers who retailers are turning to for the future of retail. Get ready, retailers. The buying power of Gen Z comes out to $44 billion, according to an IBM and National Retail Federation study. They appreciate the hands-on experience of shopping in a store.

social media 120

social media Millennials Retail Study 120

PYMNTS

JUNE 3, 2020

His ringing endorsement of the luxury goods market, released yesterday as his annual letter to shareholders , was a clarion call to the frontlines of retailing during a decidedly difficult time. It had to close stores, like most non-essential retail, during the pandemic. No one ever said RH Chairman and CEO Gary Friedman was shy.

Retail 130

Retail Online Marketing Study 130

PYMNTS

AUGUST 4, 2016

No, not technically, but a new study finds that Amazon is the preferred marketplace for Chinese eTailers when they want to sell their goods internationally. Wish, a mobile app-based online marketplace that lets Chinese retailers and wholesalers reach U.S. And eBay was fourth among retailers in China at 28 percent.

Survey 100

Survey Study Online Retail 100

PYMNTS

NOVEMBER 13, 2020

Consumer Financing Satisfaction Study. The National Auto Dealers Association (NADA) recently reported that during the first three quarters of 2020, three out of every four vehicles sold were light trucks – a trend that has pushed truck prices to new highs. Power, said in releasing the J.D. Power 2020 U.S.

Online 214

Online San Francisco Trends Marketing Strategies 214

PYMNTS

NOVEMBER 11, 2019

A new study also found that 34 percent of consumers used delivery more than they did a year ago. While drive-thrus can be a source of retail innovation , traditional operations aren’t what they used to be. percent of all visits in the study included a digital menuboard. and Canada, allying itself with other brands and services.

Study 108

Study New York City Minnesota Dallas 108

PYMNTS

JULY 25, 2016

The company also opened its first brick-and-mortar location, called Mill Street Merchants , in Uniontown, Pennsylvania, both as a way to expand its brand presence and to offer the solution of an affordable grocery store in a town not serviced by very many options. Mill Street Merchants opened in early July after John Gabriel Sr.,

Pennsylvania 100

Pennsylvania Retail Branding Study 100

PYMNTS

JULY 18, 2017

As more chatbots enter the enterprise arena, as well as the retail industry, for customer service needs, this concept has morphed from fantasy into reality. Earlier this year at the National Retail Federation’s Big Show, the hot topic of debate was how chatbots can be beneficial to consumers if implemented in the correct way.

Retail 121

Retail Marketing Study Survey 121

PYMNTS

SEPTEMBER 9, 2016

The study points to a growing trend and interest among U.K. you might see these shoppers as an attractive opportunity for expansion of your brand and sales,” the report noted. “As As a British retailer, however, you need to acknowledge that you are now competing on a global, rather than national, stage. A recent U.K.

Survey 100

Survey Retail Software Online 100

PYMNTS

SEPTEMBER 16, 2019

Retailers scour social media to find influencers and designer bellwethers to turn trends into sales. The group’s connected commerce behaviors are well-documented in the annual PYMNTS/Visa How We Will Pay 2019 study released just today. How We Will Pay 2019 is an annual national study of more than 5,000 U.S.

Millennials 222

Millennials Study Course Trends 222

PYMNTS

MAY 10, 2016

Ripples were promptly sent flying into all corners of the retail universe with the launch of Amazon Home Services in March 2015, and now that both mom-and-pop hardware shops, as well as national brick-and-mortar chains have had more than a calendar year to react to the changes, a definite trend has emerged.

Retail 100

Retail Trends Study Seattle 100

CB Insights

AUGUST 10, 2017

Carmeli is CEO & Founder of Deliv, a same-day delivery solution that bridges the “last mile gap” between retailers and their customers. Fast, free delivery is here, and retailers need to take note. According to one study , 80% of consumers want a same-day shipping option, while only 56% of retailers offer one.

Retail 46

Retail National Seattle Examples 46

PYMNTS

MAY 1, 2018

As Coke ramped up its early couponing efforts, other brands realized they too could use coupons to promote their products. This was a landmark in the development of price promotion incentives in new product introductions, designed to give advantage to consumer, retailer and manufacturer.”. national average, the firms noted.

Tampa 109

Tampa Examples Retail Strategy 109

PYMNTS

APRIL 3, 2019

One study indicates that the answer is not really — millennials cook two fewer meals per week than their baby boomer counterparts and choose pre-packaged/pre-prepared foods 18 percent of the time, compared to 5 percent for baby boomers. The first three categories all require minimal preparation for consumption,” the study notes.

Millennials 130

Millennials Study Austin Comparison 130

PYMNTS

NOVEMBER 1, 2018

National Health and Nutrition Survey, which assessed how many Americans are on board with the “principles of healthy living” – a good diet, moderate exercise, not smoking and keeping body fat under control. . The first is that, on average, Americans are not particularly good about managing their diets.

Branding 144

Branding Exercises Online New York 144