PYMNTS

MARCH 16, 2017

Once thought of as a stodgy industry that rarely sees innovation, there is a company that’s looking to change that perception. car insurance comparison tool that’s now being made available via Facebook Messenger. One surprising industry that’s entering this market is insurance. Cambridge, Mass.–based Through its $4.6

Operations 107

Operations social media Comparison Industry 107

PYMNTS

DECEMBER 16, 2019

It also means that pharmacies — whether brick-and-mortar or online — are popular places, perhaps even part of a weekend to-do list that includes holiday retail shopping. That is certainly one possibility for innovation and disruption in the retail pharmacy space. Rising Costs. Recent research supports that point. Larger Trends.

Mobile 142

Mobile Retail Innovation Course 142

PYMNTS

JANUARY 22, 2021

According to a press release, the Texas-based airline is launching what it calls “Flagship Cellars,” a joint venture with online wine retailer Vinesse that will offer home delivery of a specially curated menu of selections normally only sold to its super-premium Flagship passengers. “We million per day. Tough Times, New Thinking. “We

Comparison 147

Comparison Texas Operations Retail 147

PYMNTS

DECEMBER 27, 2019

Retailers are designing brick-and-mortar spaces around experiences to attract and keep customers. Chinese eCommerce retailer JD.com , in one case, has just rolled out its inaugural SEVEN FUN lifestyle space in Galaxy SOHO in Beijing. The stores are large operations offering 100,000 items and are about 180,000 square feet.

Retail 132

Retail Innovation Comparison Meeting 132

PYMNTS

JANUARY 30, 2018

After Green’s innovative merchandising concept, stores opened with various names — “bantams,” “dairy stores” and “vest-pocket grocery stores,” for example — but Green established a brand that has stood the test of time. operates more than 65,000 stores in 18 countries worldwide. And so, the company’s other stores followed suit.

Texas 100

Texas Retail Dallas Seattle 100

PYMNTS

MARCH 20, 2019

From SPOT to Starbucks , online platforms and retailers are providing consumers with new ways to place orders or make purchases from the car. company-operated transactions. By comparison, mobile ordering and payment accounted for 9 percent of those transactions in the fiscal third quarter of 2017. Currently, 58.7 times a year.

Los Angeles 183

Los Angeles Retail Philadelphia Miami 183

PYMNTS

JUNE 5, 2020

percent of consumers were shopping for retail goods online as of May 23, up from the 32.5 percent increase of consumers who shopped online for retail goods on April 11 and 24.1 But the ultra-high end is still being shopped at brick-and-mortar retail at countries that have gained some distance from the pandemic. This is a 29.4

Retail 131

Retail Online Texas Comparison 131

PYMNTS

JANUARY 17, 2019

Hot on their trail are machine learning and artificial intelligence (AI) technology — the software and algorithms promising to reduce the risks of overstocking and understocking, and providing other benefits that can boost retailers’ revenue. Depending on what predictions you believe, most retail warehouses could be fully automated by 2030.

Retail 197

Retail Survey Analysis Apple 197

PYMNTS

DECEMBER 20, 2018

26 ,with products from the eCommerce operator averaging nearly 14 percent lower than competing retailers including Walmart and Target, according to an analysis from Profitero. You can thank increasingly sophisticated algorithms for much of that, along with the increasingly fierce nature of online retail competition.

Software 157

Software Retail Analysis Online 157

PYMNTS

JUNE 7, 2018

Finastra said this week at Money20/20 Europe that it is making the trio of core components tied to its FusionFabric.cloud platform available for open innovation, eyeing the drive to open banking. FusionOperate, as the name implies, offers a management system to deploy and operate the applications via cloud infrastructure.

Fintech 186

Fintech Comparison Innovation Analytics 186

PYMNTS

JULY 6, 2018

As such, grocers are turning to old retail standbys — sales and discounts — to help spur purchases, and for good reason. Nearly half of surveyed consumers told PYMNTS they had used a grocery store’s app regularly or occasionally last year, with most reporting they did so to get better deals, discounts and price comparisons.

Retail 130

Retail Analytics System Data 130

PYMNTS

JULY 10, 2019

An unexpected consequence of the retailer race to offer same-day and one-day delivery is increased fraud exposure. By comparison, fraud itself is considered a top friction point by only 16.4 False positives aren’t just considered friction points – they are also challenging on an operational level. Nearly one-third (30.4

Fraud 140

Fraud Strategy Study Comparison 140

PYMNTS

MARCH 17, 2017

One area in which we’ve seen innovation break through recently may come as a surprise: insurance. However, earlier this week, we reported on a virtual insurance agent company partnering up with Facebook to offer quote comparison shopping via the social media giant’s Messenger chatbot. SR: Impact is slow but expansive.

blockchain 127

blockchain Industry Bitcoin Innovation 127

Accenture

JULY 9, 2019

No matter which industry you are in, the new winners are the ones who can innovate and create value using a data-driven approach. Tech firms such as Google, Apple, Facebook and Amazon (GAFA) were early adopters, propelling their valuations to be 10x in comparison to banks. How can you get started?

Data 157

Data Google Strategy Examples 157

PYMNTS

NOVEMBER 11, 2019

That sounds like a large number, though it is difficult to make an apples-to-apples comparison with cards issued by others, since as a general rule banks do not break out performance by individual cards. From an operational and risk perspective, we’ve handled the inflows smoothly, and without comprising our credit underwriting standards.”.

Apple 101

Apple Massachusetts Data Cards 101

PYMNTS

NOVEMBER 14, 2018

This drive for innovation extends to the company, which doesn’t run like a traditional hotel brand. Zeidan’s company is vertically integrated from development to design, as well as operations and technology. Other hotels, by comparison, don’t often own their booking engines, according to Zeidan. The Hotel Concept.

Miami 115

Miami Branding Comparison Software 115

PYMNTS

SEPTEMBER 15, 2020

By way of definitions, “The most widely agreed core attributes of a Metaverse include always being live and persistent — with both planned and spontaneous events always occurring,” The Washington Post recently reported , “while at the same time providing an experience that spans and operates across platforms and the real world.

Indianapolis 160

Indianapolis social media Comparison Washington 160

PYMNTS

MARCH 11, 2016

Consumers’ enduring affinity for Dollar General is paying off big time for the low-price retailer. In the fourth quarter, we effectively balanced sales and operating profit through our toughest quarterly comparison of the year to deliver record results leading to full-year diluted EPS growth of 13 percent.”

Comparison 100

Comparison Retail Meeting Operations 100

PYMNTS

MARCH 11, 2016

The Goldfish team will work out of Target’s tech office in Sunnyvale, California, under West Stringfellow — one of three entrepreneurs in residence who joined up with Target last year to help drive the firm’s latter-day efforts at innovation and out-of-the-box retail thinking. The long game involves spending as much as $2.5

Retail 100

Retail San Francisco California Minneapolis 100

PYMNTS

NOVEMBER 20, 2020

But as the pandemic has progressed it has become increasingly clear that Target is also laying claim to the paycheck, and is often more innovative and digital-first than Walmart. It’s hardly competing with Amazon yet, but Target has shown more digital momentum than any major retailer during the pandemic.

Comparison 165

Comparison Strategy Retail Minneapolis 165

PYMNTS

JULY 23, 2018

“We’ve seen a 55 percent lift in online sales YOY over the course of Prime Day for large retailers — massive growth that we attribute to shoppers making purchases online with a variety of retailers,” Director of Adobe Digital Insights Taylor Schreiner told Retail Leader. So what is the lesson of the week?

Google 100

Google Retail Online System 100

Cisco

DECEMBER 7, 2020

Retail financial institutions in particular understand the longer-term significance of this moment to their future business. And make no mistake, these goals include improving customer experience in retail branches as well. How necessity can lead to sustainable innovation.

Meeting 82

Meeting Video Customer Experience Innovation 82

PYMNTS

MAY 25, 2016

Imitation might be the sincerest form of flattery, but in retail, sometimes, it’s the only way to survive. But Amazon’s latest announcements might be a bridge too far for even the most intrepid retailers. But Amazon’s latest announcements might be a bridge too far for even the most intrepid retailers.

Policies 108

Policies Comparison Retail Security 108

PYMNTS

APRIL 16, 2018

At the intersection of data privacy and security and payments innovation lies friction, possibly, for the consumer experience. That may be a knotty issue when, especially for retailers, online orders are coming from all over the world. In the retail environment, one can buy online and return in store,” he emphasized. “In

Mobile 106

Mobile System Data Course 106

PYMNTS

JUNE 13, 2017

Shipping is a huge slice of the pie in retail, and that’s true from eCommerce giants like Amazon all the way down to little startups. Through its relationships with shipment operations such as FedEx and the U.S. Through its relationships with shipment operations such as FedEx and the U.S.

System 101

System Resources Groups Seattle 101

PYMNTS

MAY 14, 2018

By comparison, QVC is in 101 million American homes and 374 million homes worldwide, and it brought in $2.8 Its areas of focus include cable TV, telecom and retail, and many analysts have said STARTEK is exactly the type of firm a player planning to go into cable home shopping might buy. in addition to a website and apps.

Los Angeles 139

Los Angeles social media New York Video 139

PYMNTS

JANUARY 19, 2018

Automakers that want in on ridesharing, self-driving cars or innovative car financing options aren’t always developing their own technologies or starting their own ventures. The automaker is also reportedly joining the Open Platform operated by Lyft for autonomous cars. What’s New.

Capital 109

Capital Las Vegas San Jose California 109

PYMNTS

JANUARY 25, 2021

It is the juxtaposition of social networking and entertainment and sports all combined,” said Glen Calvert , chief operating officer of Fnatic , a London-based eSports outfit that hires professional gamers, runs tournaments and sells branded gaming apparel and gear. By comparison, Netflix's 75 million U.S. It's not just a video game.

Video 197

Video Branding Comparison Industry 197

PYMNTS

OCTOBER 19, 2017

On the upside, the eCommerce retailer has added an additional 2 million active buyers and now says it has 168 million global active buyers, which is certainly a base of customers not to be overlooked. percent year on year, but that uptick was accompanied by an almost equal increase in operating expenses of 8.3 percent, to $1.28

Comparison 100

Comparison Retail Training Branding 100

PYMNTS

APRIL 4, 2018

By comparison, Sela said 60 percent of the big pizza chains’ business is digital, leaving room for small pizzerias to grow their digital order base. In comparison to other food delivery platforms, Slice is not a discovery play. Digital orders for local pizzerias is a largely untapped market. The Whole Pie.

San Francisco 128

San Francisco Comparison social media Online 128

PYMNTS

SEPTEMBER 30, 2019

The latest Payments and the Platform Economy study examines how marketplaces are responding to the counterfeit threat as well as how they are continuing to innovate the customer experience. Online Resale. Social Media. The brands most mentioned by counterfeiters include Gucci (16 percent), Louis Vuitton (12 percent) and Chanel (10 percent).

Online 101

Online Fraud Branding social media 101

PYMNTS

MAY 2, 2016

Mothers have always been a desirable retail demographic. In the days when mom (and only mom) balanced the checkbook, retailers that could influence her purchasing decisions often had an entire family’s disposable income at their, well, disposal. This goes doubly so for any merchant trying to convert picky shoppers.

Millennials 100

Millennials US Online Retail 100

PYMNTS

DECEMBER 13, 2019

As a point of comparison, UPS is estimated to ship 4.7 Nuro’s vision of using robotics to improve lives runs parallel with Walmart’s mission of helping customers live better,” Tom Ward, senior vice president of digital operations for Walmart U.S., billion a year. billion and FedEx 3 billion. “We said in the release.

New York City 131

New York City New York Retail US 131

PYMNTS

AUGUST 5, 2016

For a startup that’s done some pretty heavy lifting to successfully recruit merchants to join an innovative new eCommerce platform, being front page news lauding its accomplishments is always great news. Most local liquor store retailers don’t have websites, which means that they don’t have online product catalogues for starters.

Comparison 100

Comparison Retail Boston Online 100

PYMNTS

JULY 6, 2018

By comparison, the investment is small for a tiny home or safari tent, which can be a fraction of the cost. John Romfo, chief operating officer for GLAMPING.COM , said in a press release last year that “what started as a trend has evolved into a full-blown phenomenon.” For one, it can be expensive to put up a brick-and-mortar building.

Millennials 100

Millennials social media Comparison Maine 100

PYMNTS

NOVEMBER 29, 2017

Despite Chris Rock’s old adage that people “don’t sell drugs, drugs sell themselves,” being in the legal — or at least legal-ish — business of cannabis retail is surprisingly difficult and friction-filled work. As a point of comparison, U.S. The problem is not in moving the supply.

blockchain 102

blockchain Industry District of Columbia Florida 102

PYMNTS

NOVEMBER 14, 2019

It’s easy enough to think of small businesses as not being particularly innovative – and even to find data to back up that claim. In fact, on the zero to 100 scale offered by the Readiness Index, small businesses underscore large firms in terms of digital innovation adoption by over 20 points. Assortment as a Service.

Retail 101

Retail Innovation Branding social media 101