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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PYMNTS

JANUARY 13, 2020

Fitness and wellness are helping to change the face of retail in 2020. And, of course, habits vary according to factors like geography, age and even fitness level. Furthermore, consumers are always looking for variety, and for community — something a digital operation like ClassPass can help build in almost a social media-like way.

Retail 146

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PYMNTS

FEBRUARY 21, 2020

Instead, Canada Goose went for experiential retail, a strategy that has become more important as consumers want to do things when they buy things. In this case, over 8,000 consumers traveled through “The Journey,” an experiential retail concept in Toronto during the December 2019 holiday shopping season. Experiential Retail Expands.

Retail 141

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PYMNTS

JUNE 4, 2019

Consumers might feel creeped out by all those hyper-precise and personalized ads on social media, but how many would mind – really mind – if, because of predictive eCommerce technology, their stocks of toilet paper never ran out? It’s not as though Amazon hasn’t thought of this, of course. Other Players.

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Bussman Advisory

NOVEMBER 19, 2022

Revolut races past 25m retail customers. We offer advisory services for the executive team and in-person or virtual courses with tailored topics. The bedrock of investments: BlackRock’s FinTech foray. More information on www.bussmannadvisory.com. Contact us at info@bussmannadvisory.com for more details.

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PYMNTS

JANUARY 29, 2018

Earlier this month, Saks Fifth Avenue President Marc Metrick told CNBC that the luxury retailer didn’t need fancy artificial intelligence (AI) to help it succeed in the industry, despite the tectonic shift thrusting every other retailer into reliance on such technologies. Some luxury retailers are starting to offer such experiences.

Retail 122

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PYMNTS

SEPTEMBER 9, 2020

Regardless of what happens with the sale of TikTok, social commerce could become a retail factor to reckon with in Q4, and is definitely ready for its close-up in 2021. In fact a new report puts the global market for social commerce at $89.4 billion this year and says it will reach $604.5

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PYMNTS

DECEMBER 26, 2018

To let shoppers discover and try out new products, payment companies are helping merchants launch augmented reality (AR) experiences within social media platforms. The firm chose a Kenyan brand, Huddah Cosmetics , as the first social commerce merchant on its Mula service to roll out the platform.

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PYMNTS

MARCH 30, 2016

While it’s just become a fad in the last few years for retailers to actually start selling their wares on social media, just having a Facebook page has been a necessity of online merchants for many years more. In fact, it might be more important in retail than anywhere else.

Retail 100

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PYMNTS

JULY 21, 2017

Connecting with consumers has seen a significant change over the course of the past few decades. No longer are retailers working with marketers to figure out a way to mass market products and services. With the advent of connected devices in the palm of almost every consumer’s hand, the retail ecosystem has certainly seen a shift.

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PYMNTS

SEPTEMBER 5, 2019

Luxury retail is being revised — and in some cases, reinvented — and those trends are worth attention as the 2019 holiday shopping season approaches. Not only that, but the luxury online consignment retailer opened a brick-and-mortar store on New York City’s famed Madison Avenue. Indeed, in its recent U.S. has notched $300 million.

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PYMNTS

NOVEMBER 8, 2018

It’s the big stage for retailers, the holiday shopping season – when all the consumer world is watching (and, merchants and payments providers hope, buying more than they did last year). And let these bad memories of holidays past guide you in the coming weeks to ensure that your retail and payments machine is running in top condition.

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PYMNTS

MARCH 16, 2016

It is also considered one of retail’s best hopes for an immediate future that is markedly better than its immediate past. Recently, “The Biebs” singed on to represent Calvin Klein jeans on his upcoming world tour to support his album “Purpose.” Sounds … rocking?

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PYMNTS

AUGUST 28, 2018

Berlin-based fashion retailer Lesara prides itself on thinking differently about apparel and being on trend. It calls its approach “agile retail” and it believes something different about who should set the course when it comes to deciding what is “in.” In a way, agile retail is the smarter and faster brother of fast fashion.

Retail 100

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PYMNTS

OCTOBER 5, 2018

Despite that fact, however, eight of the retailer’s top 10 best-selling brands are Revolve private label, which according to its latest SEC filing provide 27 percent of the firm’s revenue. But of course the more interesting information in that SEC filing is the news that Revolve is about to take its large audience — 7.3

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PYMNTS

FEBRUARY 1, 2017

These are tough times to be tangible — as in brick-and-mortar, in retailing at least. The physical retailer is constrained by square footage, the hybrid retailer joining on an eCommerce platform less so, especially with the drop shipping. The upshot is that, through the drop-ship model, they do not need to hold more inventory.

Online 100

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PYMNTS

SEPTEMBER 14, 2018

Luxury style and quality brands, offered at a more middle-class price point and sold directly to consumers, is increasingly crowded terrain in apparel retail. Or, perhaps more accurately, through tactics that are so traditional they are surprising to see in a modern retail context.

Retail 134

Retail Innovation Branding social media 134

PYMNTS

DECEMBER 17, 2020

FreedomPay said it is “rapidly expanding on a global scale” in such markets as retail, eCommerce, hospitality and food and beverage. Of course in recent years, bots have been given a bad name, due to Russian bots bombarding social media outlets during the 2016 election. Before, they were limited to one or two areas.

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PYMNTS

FEBRUARY 26, 2020

The coronavirus has already dented supply chains — notably those that serve retailers and auto manufacturers, among others. We’re referring to 5G, of course. 26), at least some people are taking to social media to claim that there is a link between 5G networks ad the virus.

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PYMNTS

DECEMBER 17, 2020

And of course, what kind of retail excursion would it be if it didn’t also include a “best-in-class” eCommerce experience that can seamlessly turn those impulse discoveries into actual purchases? Shop Party for the win!” model Martha Hunt Tweeted after her first “super easy” experience with the new app. New Uses For Existing Tech .

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PYMNTS

OCTOBER 26, 2017

Those who travel to some of the wealthier parts of the world, however, will discover the well-to-do have much more expensive unattended retail tastes. shoppers got their own taste of unattended luxury retail when vending machines dispensing caviar were installed in several Los Angeles-area malls. A few years ago, U.S.

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Accenture

OCTOBER 3, 2017

Of course, some of this investment came from banks. Based on this survey of over 2,000 consumers, it’s clear that online retailers, tech firms and social-media players face an uphill battle to convince consumers to allow them access to their financial data. That’s no surprise. So why not? Let us know what you think.

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PYMNTS

JUNE 17, 2016

Despite the millions of ways social media was supposed to make life simpler and more convenient, retailers have long since found that it’s not the selling playground that they once imagined it to be. And then comes social media’s version of an angry mob with pitchforks and torches: the boycott.

Retail 100

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PYMNTS

DECEMBER 7, 2020

Of course, it’s not surprising that a retailer looking to focus on digital is exiting print. What’s perhaps eye-catching in Ikea’s case and for the world of catalog publishing in general is how inconsistent that pullback actually seems to be when one looks at retail. Not Everyone Is Giving Up on Catalogs .

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PYMNTS

JULY 13, 2018

Generally for a retail store, attracting a crowd is good news. Unless, of course, that crowd is too big to serve, in which case, life goes from a successful day at the shop to an exercise in controlled anarchy — particularly if the crowd has to be turned away without completing their desired purchases.

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PYMNTS

DECEMBER 24, 2020

It all depends on how you look at it — and where you look, of course. Bitcoin, of course, exists as one of the most widely recognized cryptocurrencies. Building The (Retail) Use Cases. And, of course, the crypto landscape extends well beyond bitcoin. Of course, it’ll take some time to get there if we do.

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PYMNTS

DECEMBER 16, 2019

Financial institutions, of course, use data to create new products and services to cement customer loyalty. Data Wars, Via Social Media. The war may be waged across social media, where reputations can be dented in a matter of short Twitter bursts. In financial services, access to data is, well, everything.

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social media Data Fintech United States 174

PYMNTS

OCTOBER 11, 2017

Facebook is getting big, and we don’t just mean popular: the social media giant has gotten bigger than its britches in more places than one, with new offices cropping up across the U.S. The social media giant said in August that it had more than 20,600 employees. Chicago, Illinois. Henrico County, Virginia.

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PYMNTS

NOVEMBER 27, 2018

For most people, parenting is an all-or-nothing endeavor, a constant mindset and lifestyle, the lens through which the rest of life is filtered, and a bond that can connect fathers and mothers across neighborhoods, states, time zones and countries (thanks in large part to the internet, of course).

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social media Retail Online Trends 147

Bussman Advisory

APRIL 22, 2022

to take company private Apple Pay surpasses Venmo and PayPal as teens’ favorite payment app Amazon not close to accepting crypto as payment in retail business. to take company private Apple Pay surpasses Venmo and PayPal as teens’ favorite payment app Amazon not close to accepting crypto as payment in retail business.

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PYMNTS

JANUARY 17, 2020

The biggest one, so far, of course, has been Visa inking a deal to purchase FinTech firm Plaid for $5.3 Plaid, of course, uses application programming interfaces (APIs) to link FinTech apps with end customers’ bank accounts. Holiday (and Post-Holiday) Shopping: Throughout the month of December helped push retail sales up more than 5.8

Company 132

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PYMNTS

OCTOBER 18, 2017

Can any social networking platform be all things to all people? If anything can, it’s Facebook, and the social media giant sure is trying. Two billion monthly users are more than enough to make the retail experiment profitable, even if only a “few” of them embrace it. Hungry for more than content? This is hardly news.

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PYMNTS

JANUARY 3, 2019

Apple , of course, is getting cored, on the heels of a surprise announcement that, in hindsight, should not have been a surprise. Whenever an 18-20+ percent revenue contributor – in this case, of course, China – falters, that spells rough sledding for any company. Live by the Chinese consumer, die by the Chinese consumer.

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Bussman Advisory

APRIL 15, 2022

to take company private Apple Pay surpasses Venmo and PayPal as teens’ favorite payment app Amazon not close to accepting crypto as payment in retail business. to take company private Apple Pay surpasses Venmo and PayPal as teens’ favorite payment app Amazon not close to accepting crypto as payment in retail business.

Apple 52

Apple social media Payments Fintech 52

PYMNTS

DECEMBER 20, 2016

Additionally, 15 percent reported that they had purchased an item via a social media link. While those numbers are near par for the course for consumers in 2016, compare them to the Pew Research Center’s first online shopping poll from June of 2000, when just 22 percent of U.S. The survey found that 79 percent of U.S.

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PYMNTS

JUNE 18, 2018

This format created urgency and exclusivity for would-be shoppers — a key tactic for brands and retailers alike to increase conversion.”. Brands, much like retailers, seem to be waking up to the consumer demand for commerce to happen anytime, anywhere. The sale was only available to attendees of a Feb. While eCommerce sales in the U.S.

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PYMNTS

AUGUST 23, 2019

Fewer sales in-store, of course, mean less torque to the top line. These are all macro-concerns, of course, but they do have a lasting impact on the micro-economic side, where decisions are made, where firms navigate their immediate and longer-term environments. Less torque to the top line means drag and declines on the bottom line.

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