PYMNTS

APRIL 15, 2020

After hitting a skid from the beginning to the middle of the COVID-19 crisis, online fashion sales have caught fire. Reports of apparel sales falling off as much as 30 percent on a year-to-year comparison appeared toward the end of March, with several reports citing March 20 as the lowest day of traffic and sales for the industry.

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PYMNTS

NOVEMBER 25, 2020

Power and LMC Automotive forecasts that new vehicle retail sales for November 2020 will drop slightly from the same month the prior year, according to a Wednesday (Nov. Retail sales for new automobiles are forecast to be 1.04 Retail sales for new automobiles are forecast to be 1.04 A joint outlook from J.D. 25) press release.

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PYMNTS

JANUARY 14, 2021

Retailers made all sorts of quick pivots to their eCommerce sites as the pandemic unfolded, but in-store legacy technology proved to be an obstacle for many of them. The company said that while retailers often come up with innovations , “bringing these ideas to in-store trials, iterating them quickly and rolling them out at scale takes years.

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System Retail US Data 189

PYMNTS

SEPTEMBER 21, 2020

For retailers, the fourth quarter of 2020 is likely to see a media blitz that will make other years pale in comparison. Unspent budget from big box retailers will be let loose as early as Oct. There are many critical aspects to SMB retail media strategy but two stand out this year: when to advertise and where to advertise.

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Retail social media Marketing Branding 169

PYMNTS

JUNE 10, 2020

Mastercard figures indicated that retail sales in the U.S., And online shopping comprised 22 percent of retail sales in April and May, which was two times that of the year before. Management at Kohl’s, Nordstrom and Macy’s said to investors that sales at reopened retail locations are slowly on the uptick.

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PYMNTS

NOVEMBER 20, 2019

Offering a “safe haven” of sorts after multiple retailers unsettled investors, Target Corp. Online sales jumped 31 percent in the quarter, yet eCommerce didn’t weigh on profitability as it has done in past periods, Bloomberg reported. . increased its full-year outlook on profitability as well as strong sales.

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Online Comparison Retail US 109

PYMNTS

APRIL 7, 2020

It’s easy to play Monday morning quarterback for the growth of online grocery. When consumers need essential items but get scared by a high-touch environment, it’s only natural for online numbers to spike. The prevailing data and wisdom at this point is that, yes, online grocery has spiked due to COVID-19. 1 through March 15.

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PYMNTS

MARCH 17, 2020

retail economy is unprecedented. Terror attacks on 9/11 happened well before the internet was a factor, and are therefore not relevant as a comparison. What are some of the retailing changes that could last beyond the end of the coronavirus crisis? Suddenly, this issue is front and center for every retailer and every customer.

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Retail Seattle Comparison Trends 134

PYMNTS

DECEMBER 23, 2016

Online shopping is no longer reserved for the tech-savvy, with a new Pew Research Center surve y finding eight in 10 American adults shop online. According to Pew, 79 percent made online purchases of any type, while 51 percent used a mobile phone to make a purchase and 15 percent bought something via a link from a social media website.

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Online social media Survey Comparison 100

PYMNTS

JANUARY 22, 2020

For retailers, nothing really ever comes easy — and things aren’t getting any easier, at least when it involves gaining and retaining customers. Indeed, as the recently completed National Retail Federation (NRF) retail show in New York City demonstrated, commerce keeps moving to what Webster called in the webinar a “customer-centric approach.”

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Retail Millennials New York City social media 137

PYMNTS

JANUARY 15, 2019

The team at my Mystore-E believes they can solve that problem, with an AI tool called Tore-E that is specifically designed for retail environments. Our goal is to create a personalized shopping experience that benefits retail stores, while also catering to the customers’ wants, needs and style preferences.”.

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Retail Ohio Tools Data 124

PYMNTS

DECEMBER 19, 2019

That’s because cameras are playing a much bigger role in retail, a trend that will keep gaining steam in the new decade. The Associated Press reports that cameras are, at least somewhat quietly, making inroads into a number of retail outlets in a bid to, well, get to know you. are now looking to follow suit.”. Security Cameras.

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Retail Software Video Course 131

PYMNTS

AUGUST 4, 2020

CEO Elon Musk raised the possibility of shuttering its stores and selling only online , the California electric vehicle and clean energy company is planning to expand its retail presence. In comparison to the first quarter (Q1), Tesla’s sales increased from 88,400 vehicles. More than a year after Tesla Inc.

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El Paso Retail Tucson US 109

PYMNTS

DECEMBER 12, 2016

New data collected in a survey by online and mobile publishing and advertising company Opera Mediaworks back in September reveals interesting trends among mobile users as they shop in-store. Still, retailers expect to rake in the cash this year. The BDO survey also found retailers projected an average 4.7

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PYMNTS

FEBRUARY 11, 2019

A common, enduring fantasy for many consumers — a group that likely includes many PYMNTS readers and writers — is walking into a high-end retail store, chain or boutique that sells luxury brands , and spending vast sums on the best clothes, shoes, handbags, watches and other items. Different Proposition. That’s a very hard job.”.

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Retail Branding Tools Comparison 141

PYMNTS

MAY 27, 2016

Conventional wisdom about online shopping says that the average consumer would rather test a product out in store before pulling the trigger and ordering it online. It hasn’t been a very good year for conventional wisdom, though, and a recent Internet Retailer survey just poked a big hole in the aforementioned theory.

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PYMNTS

NOVEMBER 24, 2017

This Cyber Monday could be the biggest online shopping day in history, according to Wednesday (Nov. Rather, it indicates a strengthening economy and an overall increase in spending both online and in physical store locations. By comparison, just 48 percent of survey respondents said they planned to shop online on Cyber Monday.

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Online Comparison Survey Trends 108

PYMNTS

NOVEMBER 22, 2019

Retailers are tapping into voice technology to help consumers order their favorite products such as restaurant takeout as they expand their artificial intelligence (AI) strategies. From 7-Eleven to Chipotle Mexican Grill, retailers are expanding their digital ordering strategy with the help of voice assistant technology. Kroger Co.

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Retail Strategy United States Comparison 139

PYMNTS

JULY 13, 2017

Shifting consumer habits have left traditional retail with less and less to stand on, and it turns out that consumer products companies have similarly had the rug pulled out from under them. PepsiCo’s saving grace might be its snack selection, which sells better online than beverages, analysts said. PepsiCo and Coca-Cola Co.

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Strategy Retail Conference Comparison 109

PYMNTS

JANUARY 11, 2019

But consolidation looms, according to some observers, and online food delivery services will eventually have to shift more focus away from consumers and toward restaurant operators in order to thrive in a crowded marketplace. But online food delivery operations have more important things to worry about than drones and self-driving vehicles.

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Online San Francisco Capital Operations 176

PYMNTS

SEPTEMBER 30, 2019

Online Resale. Online resale has become all the rage — even for retailers like Neiman Marcus — from a little bit of everything on OfferUp to fashion-focused Poshmark and high-end The RealReal and 1stdibs. Sales of counterfeit goods through online marketplaces are expected to hit $1.8 billion per year to fake online sales.

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Online Fraud Branding social media 101

PYMNTS

JUNE 16, 2020

Retailers are aiming to play catch-up with shoppers by moving resources from brick-and-mortar and stacking them against digital technology and abilities. And “ webrooming ,” the practice of consumers using websites to comparison shop for physical retail, is coming for an encore. All this, Today in Data.

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United States Comparison Resources Retail 130

PYMNTS

DECEMBER 3, 2019

In retail these days, it’s all about the ecosystem, and it’s also sometimes about rewards and discounts. Honey was founded in 2012 as a way for people to easily find savings while shopping online. The platform works with more than 30,000 retailers in all shopping categories. The latest sign of that comes from PayPal.

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Comparison Retail Tools Online 131

PYMNTS

JUNE 15, 2020

Webrooming, before the pandemic, was a full-on retailing trend. But as the pandemic-driven digital shift gains traction, retailers have to be wondering if consumers will use websites to comparison shop for brick-and-mortar retail (webrooming) or whether they’ll go back to shopping retail to order online (showrooming).

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Retail Survey Comparison Online 175

PYMNTS

AUGUST 13, 2020

By comparison, the first 3-D Secure (3DS) technology provides consumers with a user experience marked by lengthy times for processing and verification. The company reports that retailers selling through eCommerce are experiencing record sales numbers, but fraud rates are also on the uptick. Merchants pay $3.13 Merchants pay $3.13

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Technology User Experience Fraud Comparison 248

PYMNTS

SEPTEMBER 7, 2018

Shoe brand Allbirds , in particular, has brought a large retail space in New York City. With an increase in brand awareness from the retail stores, its eCommerce sales have risen. By comparison, the first Amazon Go store, which opened in January, had 1,800 square feet of space.

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Retail Los Angeles Branding New York City 100

PYMNTS

MARCH 26, 2019

Retailers in the physical world are at a real disadvantage when it comes to knowing the customers in their stores, and what they do once they get there. The list goes on, but suffice it to say, the jokes about digital retailers knowing more about customers than they know about themselves didn’t appear in the culture out of nowhere.

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PYMNTS

JUNE 7, 2018

The goal for all retailers is, of course, to deliver an excellent experience, both online and in stores, and to find ways for those disparate experiences to mesh seamlessly with one another. The Swedish furniture retailer seems to be making the opposite transition. IKEA is slowing the growth pace it has sustained in the U.S.

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Retail Customer Experience Branding Comparison 122

PYMNTS

SEPTEMBER 19, 2018

Grocery stores are also seeing a shift, as more consumers now shop for groceries and food online. As more consumers embrace the appeal of online offerings, a growing share of grocery and restaurant sales will be made via connected channels. About the Playbook .

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Comparison America Millennials Data 108

PYMNTS

MAY 3, 2019

Brick-and-mortar retailers are changing the way they manage their workforces in the age of Amazon: Walmart , for instance, is testing multiple versions of a new team structure called the “Great Workplace” in some of its locations. billion for its stores in comparison to $1.63 billion in the year prior. In Other Brick-And-Mortar News.

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Retail St. Louis San Diego Los Angeles 100

PYMNTS

MAY 18, 2016

In a 405-page document by the United Kingdom’s Competition and Markets Authority (CMA), a number of proposals came to light that would encourage more competition and reform in retail banking. Among the proposals: new online comparison tools and also better knowledge about switching costs and monthly maximum charges tied to overdrafts.

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Retail Regulation Comparison Tools 100

PYMNTS

JANUARY 14, 2021

Showing the continued struggles of retail stores in the pandemic era, Nordstrom reported a 22 percent net sales decline for the nine-week holiday period that ended Jan. In 2019, by comparison, they only represented 34 percent. The Nordstrom Rack store and online inventory had previously been integrated in October.

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Report Comparison Retail Online 157

PYMNTS

SEPTEMBER 8, 2020

Online sales in such countries as Spain, an EU member, are expected to grow by 20 percent , according to eMarketer. The need for an update in these regulations is particularly “due to the growth of online sales and of new market players, such as online platforms,” said the commission. billion ($2.6

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PYMNTS

FEBRUARY 13, 2020

billion fine, saying the company committed a “clear infraction” by putting its own price-comparison services above others in its search listings, according to a report by Reuters. Merchant platforms and CSSs (comparison shopping services) simply cater to different needs of different types of online retailers.

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Google Comparison Retail Online 150

PYMNTS

SEPTEMBER 22, 2020

Consumer packaged goods (CPG) – which just four years ago had only a 1 percent penetration rate online – are capturing the digital shift in a dramatic way during the pandemic. As the crisis pushed online grocery into exponential growth during the crisis, CPG companies are finally starting to sell and advertise online.

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Company Capital Resources Trends 140

PYMNTS

AUGUST 16, 2016

The business of retail apps is booming. And 303 of the world’s top 500 retailers now have an app. The study, conducted by ARC from Applause, a research group that analyzes the apps economy, looked at 50 of those top retailers that received approximately half of their total sales through mobile apps. billion from $35.48

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Retail Study Mobile Comparison 100

PYMNTS

AUGUST 6, 2018

Gobble claims that approximately half of their customers are between the ages of 35 and 44 years old — by comparison, only about a quarter of Blue Apron’s customers fall into that age range. Walmart customers can buy them in the store or through its online grocery pickup service.

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