Remove Comparison Remove Marketing Remove Operations Remove Retail
article thumbnail

How Retailers Could Turn Smart Vending Into A $15B Market By 2025

PYMNTS

In the unattended retail space, vending operators are also becoming more aware of the shifting behaviors of their shoppers and the need for swift and digital payment options. The estimated value of the global intelligent vending machine market by 2025 is $15 billion.

Retail 177
article thumbnail

How Retail Underdogs Can Avoid An Amazon Holiday Blowout

PYMNTS

But the same technology that enables those transactions also can bring the benefits of consumer intimacy to small and medium-sized businesses (SMBs) that are often struggling to win more market share in a retail world dominated by the likes of Amazon, Walmart and other large retailers. That might sound obvious.

Retail 177
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Legal Cannabis Retail Rides A Wave Of Revenue Growth

PYMNTS

In a way, watching the emergence of legal retail marijuana in North America is like watching someone grow up. Not really a toddler or baby — even black-market sale of recreational and medicinal pot took on many traits of legitimate retail — but more like a once gawky teenager growing into a graceful, confident person.

Retail 109
article thumbnail

Get Ready For More Voice In Retail — And Soon

PYMNTS

It’s going to be a very vocal year when it comes to retail. By comparison, ownership of smart TVs has increased just 5 percent, and ownership of connected cars has increased 3 percent since 2018. And in retailer news, there is an increasing push to integrate Alexa into the purchase path.

Retail 154
article thumbnail

Unattended Retail Stumbles In China, But Global Growth Continues

PYMNTS

Unattended retail is having a moment – a bad moment, as it turns out, in China, according to reports. The challenges there come as kiosks and other forms of unattended retail continue to develop globally. For one, selling fresh groceries via unattended retail is not an easy business. Unattended Failure. Global Growth.

Retail 108
article thumbnail

Thrive Market Expands Its ‘Digital Whole Foods’ Onto Android

PYMNTS

TechCrunch reports that, yesterday (April 6), Thrive Market launched a version of its app — previously only available on iOS — for the Android platform. Through its “Thrive Gives” program, shares TechCrunch, for every paid subscriber that Thrive Market brings on board, the company donates a free membership to a low-income family.

article thumbnail

Designer Brands Reports 44.7 Pct Drop In Net Sales Amid Pandemic

PYMNTS

The company operates almost 1,000 retail stores under names like DSW Designer Shoe Warehouse and The Shoe Company. percent for the first quarter of 2020, in comparison to a 3 percent rise in the same quarter of fiscal 2019, according to an announcement. .” and global markets resulting from COVID-19.”.

Branding 141