PYMNTS

JUNE 7, 2020

Researchers at the social network giant described how data about human conversations is the key to improve shopping chatbots, according to a technical report shared by VentureBeat. In the furniture data, a user could interact with an assistant to get recommendations for items such as couches and side tables.

Training 177

Training Retail Data Report 177

PYMNTS

DECEMBER 20, 2017

That’s a quote from department store maven John Wanamaker, illustrating a conundrum for retailers (and merchants in general): Namely, you’ve got to reach out to consumers if you are going to convince them to buy your wares. Thus, in the age of Big Data, how to ensure that time and money are well-spent? Neither is good to waste.

Big Data 234

Big Data Retail Data Fraud 234

PYMNTS

JANUARY 18, 2021

Every year for the last 110 years , members of the retail trade group, known as the National Retail Federation (NRF), have assembled to discuss the slate of issues pertinent to its members. COVID-19, of course, didn’t cause physical retail’s steep decline — it just accelerated it. Like this one. percent.

Retail 309

Retail Online Maine Branding 309

PYMNTS

DECEMBER 30, 2019

Retailers are rushing to achieve compliance, adding links to websites with “Do Not Sell My Info” buttons and creating signage in stores to the same effect. The law is meant to give shoppers insight into exactly what information retailers collect and how they use it, as well as to let them opt-out of letting companies sell their data.

CA 132

CA Retail Data California 132

PYMNTS

JANUARY 15, 2021

In retail technology, Toshiba Global Commerce Solutions ’ new Elera system aims to supplant in-store IT systems with a new cloud-enabled technology. All this, Today in Data. Data: 95% : Approximate share of November/December orders that Target fulfilled via its brick-and-mortar shops.

Technology 275

Technology Innovation Retail Payments 275

PYMNTS

OCTOBER 17, 2018

New technologies bring new opportunities to serve consumers, and retailers are offering their customers more digital options than ever to meet their wants and needs. Data: $150 billion: The amount that the American Gaming Association said U.S. consumers wager on sports annually. 1,000: The number of U.S.

Innovation 144

Innovation Retail Data Meeting 144

PYMNTS

APRIL 17, 2020

percent more likely to make their purchases online in 2020 than they were in 2019, underscoring the increased reliance on digital commerce now that retail stores are closed until the pandemic recedes. COVID-19 has driven consumers indoors — and online. Consumers are 30.6 percent to 72.1 percent during the last year.

Retail 214

Retail Data Study Online 214

Perficient

JULY 15, 2020

Various Enterprise clients across different verticals like Healthcare, High tech, Financial Services, Retail, Manufacturing, and Supply Chain etc. can leverage the Modern Data Platform approach. The explosion of data and advances in digital technologies has completely disrupted our industry as service / solution providers.

Data 497

Data Customer Experience Analytics Industry 497

PYMNTS

DECEMBER 8, 2020

Walgreens has followed in the footsteps of Walmart and Amazon to join the retailer-as-ad-agency trend , while BigCommerce recently launched Open Checkout to let developers, retailers and partners create tailored checkout experiences. All this, Today in Data. Data: $600B : Collective amount U.S.

Retail 187

Retail Data Trends Online 187

PYMNTS

FEBRUARY 11, 2020

who would like to buy a wide variety of products and services through unattended retail channels, such as vending machines, self-service kiosks and even fully automated stores. This indicates not only a major gap between the demand for and supply of unattended retail options, but a huge potential for market growth. There are 48.7

Retail 153

Retail Data Examples Report 153

PYMNTS

AUGUST 5, 2020

In retail technology, Yotpo is helping brands capture the digital shift by making a compressed marketing stack for online shopping. All this, Today in Data. Data: 3,300: Number of employee participants in Macy’s Style Crew program. 78%: Share of consumers who have changed how they pay for things to reduce contact.

Retail 263

Retail Payments Google Branding 263

PYMNTS

JANUARY 8, 2021

Retail rents have plummeted to historic lows in New York City amid the COVID-19 pandemic, as bankruptcies and vacancies penetrated the area, CNBC reported on Friday (Jan. Further, the biannual report released by the Real Estate Board of New York (REBNY), found that retail rents in Manhattan declined across all 17 corridors it tracks. .

Retail 249

Retail New York City New York Report 249

Abrigo

JULY 14, 2023

Practical advice for using data to develop and support institution goals Answering three questions ahead of strategic development discussions can ensure data drives your financial institution's efforts. Second, efficiently generating those insights from your data is a requirement for a sustainable process.

Strategy 195

Strategy Data Analytics Analysis 195

PYMNTS

AUGUST 14, 2020

In payment methods, Circle K announced a cashierless checkout pilot as convenience stores advance retail innovations. All this, Today in Data. And in education, Google and Apple are facilitating students’ return to class with the help of technology. 7.3K: Minimum number of Circle K stores in operation in the U.S.

Technology 230

Technology Retail Apple Google 230

PYMNTS

JANUARY 21, 2021

In brick-and-mortar, retailers are overestimating demand for buy online, pick up in-store (BOPIS) , but they are underestimating demand for delivery. All this, Today in Data. Data: $276M : Amount that the Tastemaker SPAC received through its IPO on Jan. 38.3% : Portion of merchants that think consumers commonly use BOPIS.

Retail 155

Retail Google Data Tools 155

PYMNTS

MAY 22, 2020

TJX reported earnings that showed a fast uptick for store opening traffic after having closed all of its retail locations globally in March, without an eCommerce shopping capability. And cosmetics is gaining online momentum as the pandemic drives cross-currents in the retail category. All this, Today in Data.

Retail 208

Retail Data Branding Online 208

PYMNTS

SEPTEMBER 10, 2019

Artificial intelligence (AI) and machine learning (ML) are starting to play a bigger role in retail, foreshadowing what’s to come in the new decade of the 2020s. According to PYMNTS research , AI and ML are blurring the divide between online and in-store shopping, and bringing an all-new human element into retail. Role of Data.

Retail 247

Retail Comparison Online Data 247

PYMNTS

AUGUST 3, 2020

And in retail, Amazon ’s earnings were off the charts by any metric, and they didn’t come from cost-cutting. All this, Today in Data. Vendors that once saw late buyer payments as unavoidable now risk going out of business if their clients don’t speed up the pace of payments. 5T: Projected value of virtual card spending in 2025. $4B:

Retail 235

Retail Payments Data Cards 235

PYMNTS

APRIL 13, 2020

The quickly evolving telehealth category has a new business model, with diabetes prevention program (DPP) Fruit Street teaming with meal kit company Purple Carrot to add a retail spin to its health advisory service. All this, Today in Data. Data: 2014: The year Fruit Street was started.

Retail 250

Retail Guidelines Data Company 250

PYMNTS

OCTOBER 2, 2020

For the chief financial officers (CFOs) and treasurers of retailers working to meet the new face of customer demand, understanding how to ensure online shoppers have a positive payments experience while ensuring their own organizations preserve margins can be a tricky balance to strike.

Data 184

Data Management Retail Online 184

PYMNTS

NOVEMBER 25, 2020

While predictions of increased spending are appearing more frequently since news of various COVID-19 vaccines has broken, PYMNTS data shows that consumers are still cautious, conservative and digital-first when it comes to holiday 2020. ICSC is forecasting a solid holiday season with 1.9 ICSC is forecasting a solid holiday season with 1.9

Online 176

Online Cards Retail Data 176

PYMNTS

JANUARY 13, 2021

In retail innovation, many American consumers still want a digital-first shopping experience even after a COVID-19 vaccine. And in digital onboarding, geocoding and address verification tools can help retailers collect the most accurate data from clients to ensure streamlined deliveries. All this, Today in Data.

Retail 159

Retail Innovation Data Tools 159

PYMNTS

DECEMBER 28, 2020

It could be argued that for the retail industry to pull off a 3 percent uptick for holiday sales this year was an astonishing feat. But even still, as Mastercard got out first with its spending data, that widely reported 3 percent uptick is a bit below what could have been lofty expectations. percent unemployment rate. percent in 2019.

Data 260

Data Retail Online Report 260

PYMNTS

FEBRUARY 25, 2020

Retailers are facing a personalization paradox. Fifty-three percent of consumers want retailers to respect their anonymity in 2020; at the same time 61 percent want more personalization in marketing, messaging and promotions. Consumers are bailing on using voice-activated devices because they don’t trust personal data protection.

Retail 202

Retail social media Study Security 202

PYMNTS

DECEMBER 24, 2020

When it’s said and done there was only one story that mattered in the retail universe this year and it was the rise of the digital-first economy. They and others have succeeded because they entered the market independent of traditional retail, and because their business model fit the needs of the pandemic.

Retail 295

Retail Branding Minneapolis Trends 295

PYMNTS

FEBRUARY 10, 2020

Hire a data scientist. Give said scientist(s) a budget to lease a Tensor Flo server with Google and start parsing transaction data. Use data to build an algorithm. Start creating more customer data to feed the algorithm and then you too can join the artificial intelligence (AI) retail revolution. This is easy.

Retail 203

Retail Boston Data Trends 203

PYMNTS

SEPTEMBER 17, 2020

Four consecutive months into positive consumer spending trends, one wonders if there might be — indeed must be — a lull, a pullback that might indicate a tougher road ahead for retailers headed into the all-important holiday spending season. Census Bureau reported that retail sales in August were up 60 basis points over July.

Retail 240

Retail Data National Trends 240

PYMNTS

MARCH 8, 2018

Retailers have requested that the House Financial Services Committee take a closer look at draft data breach notification legislation, saying it doesn’t do enough to ensure appropriate data security standards.

Retail 100

Retail District of Columbia Data National 100

PYMNTS

MAY 16, 2019

Death, taxes and data breaches – those are perhaps the only sure things in life, and new evidence is emerging that hackers are finding increasing profit in targeting online retailers. The news comes amid yet another online retail cyberattack, this one targeting Japan’s Fast Retailing, the company that owns the Uniqlo retail chain.

Retail 218

Retail Online Cards Data 218

PYMNTS

JUNE 17, 2020

The dramatic consumer shift to Digital 3.0 — predicted months ago by the PYMNTS COVID-19 tracker work — is accounting for almost half of the retail growth in the US. That’s the key finding from a new report from Deloitte, whose data is actually lacking the May sales spike of 17 percent. is not the only country seeing the shift.

Retail 231

Retail Online Course Report 231

PYMNTS

NOVEMBER 16, 2020

Rakuten , a Japanese tech company specializing in digital eCommerce solutions for retailers, is introducing a new subsidiary to bolster physical stores. Tentatively called Rakuten DX, the new unit will launch schemes for digital transformation at retailers’ physical shops, Rakuten said in a statement on Monday (Nov.

Retail 217

Retail Tools Online Meeting 217

PYMNTS

SEPTEMBER 21, 2020

retailers during the holiday shopping season, the Financial Times (FT) reported. The shortages come from an unexpected surge of customer demand, which took retailers by surprise after they had cut orders for new merchandise in the spring as countrywide lockdowns were starting and the job market was bottoming out. in the spring.

Retail 205

Retail Analysis Report Tools 205

PYMNTS

JUNE 19, 2017

Analyzing data is tough, but a lot of products and services have solved for that. When Alooma CEO and cofounder Yoni Broyde talked to retailers, he found that for most of them, analysis wasn’t the problem. The problem was getting all their data into one place first. Especially when dealing with cloud data or real-time data.

Data 128

Data Retail Analysis Analytics 128

PYMNTS

JUNE 10, 2020

In investments, retail dispute management firm Chargeback closed a funding round to speed up growth and to help retailers reduce credit card disputes. And in tech, the future of retail may include mobile scanning. All this, Today in Data. Data: 2014: The year Lumen was founded.

Retail 150

Retail Technology Innovation Data 150

PYMNTS

SEPTEMBER 24, 2020

retail sales grew in September at their fastest rate in 18 months, Yahoo! The CBI surveys 123 companies, including 56 retailers. that “the data highlights that there have been clear winners and losers within the retail sector as spending habits have changed.” Retail employment in the U.K. As the U.K.’s The result?

Retail 254

Retail Survey Industry Report 254

PYMNTS

JULY 27, 2020

Retailers are starting to pay the rent. The report is confirmation that reopened retail stores are generating revenue despite high unemployment and regional pandemic spikes. The report is confirmation that reopened retail stores are generating revenue despite high unemployment and regional pandemic spikes. percent in June to 91.4

Retail 164

Retail Payments Dallas Texas 164

PYMNTS

DECEMBER 27, 2020

Holiday sales rose this year compared to last but failed to meet many analysts’ expectations and were especially disappointing for brick-and-mortar operators, according to a variety of data sources. 1 - 24, which the data provider described as the traditional holiday shopping period. percent from Nov. 11 and ending Dec. percent and 5.2

Retail 184

Retail US Data Analytics 184