PYMNTS

DECEMBER 14, 2020

In today’s top retail news, Bed Bath & Beyond Inc. has entered into a definitive deal to sell Cost Plus World Market to Kingswood Capital Management, while Authentic Brands is reportedly in discussions with Arcadia Group and Debenhams. Bed Bath & Beyond Strikes Deal To Sell Cost Plus World Market.

Branding 131

Branding Groups Retail New York 131

PYMNTS

MARCH 10, 2020

And what to do with a giant pile of corporate debt – particularly as the public markets are getting bumpy? How can we track illegal transactions between people who know each other, and can easily and anonymously move money among themselves? Okay, maybe that last one doesn’t look so basic from the outside.

National 130

National Data Payments Marketing 130

PYMNTS

JANUARY 25, 2021

The National Retail Federation ’s annual convention may have come and gone but the sentiments, strategies and lessons learned from facing nearly a year of pandemic-led changes by some of the world’s largest merchants are going nowhere fast — especially when it comes to their embrace of increased digitalization. Stores As Social Centers.

Community 269

Community Retail Strategy National 269

PYMNTS

OCTOBER 15, 2020

Herrick expects that ReplyBuy and Airship will create a holistic ecosystem, allowing retailers to use its engagement technology to acquire customers and then use conversational commerce to retain them and grow their value. Suppose a college student is in the market for new running shoes. The pandemic was definitely an accelerator.”.

Retail 188

Retail Technology Branding Mobile 188

PYMNTS

MARCH 30, 2020

Consumers shopping in droves via eCommerce channels is hardly a piece of breaking news — for the better part of a decade, that has been obvious to anyone watching the retail space. They are, Fiserv Senior Vice President of Retail Solutions John Nicola told Karen Webster in a recent conversation — and in great numbers.

Retail 177

Retail social media Millennials Branding 177

PYMNTS

JULY 22, 2020

The retail industry is facing its first sales event of the pandemic with the coming of back-to-school sales. The projections were led by the National Retail Federation (NRF) this week, as it foresees record sales for back to school. At the very least, retailers need to depend on eCommerce sales in the states where the virus is raging.

Retail 186

Retail Meeting Arizona Florida 186

PYMNTS

OCTOBER 13, 2020

Afterpay has announced its in-store buy now, pay later (BNPL) service is being offered by major retailers at locations across the country. Shoppers can use Afterpay to buy items in select retail stores using their Afterpay card, a virtual, contactless card stored in their digital wallet,” the firm said in a Tuesday (Oct.

Retail 130

Retail United States Millennials Branding 130

PYMNTS

DECEMBER 28, 2020

The first were the Pepsis, Heinzes and Krafts that either didn’t like their retail distribution or saw a pandemic-driven opportunity to get new products in new configurations to the consumer. When those markets sparked a fan base and reorders, the company was born. Misfits Market: To hear Abhi Ramesh tell it, he’s in two businesses.

Branding 162

Branding Retail Philadelphia Marketing 162

PYMNTS

JUNE 13, 2019

Retail is getting more visual, and that stands to be the case for locally-focused merchants as they compete for attention and consumer dollars with the likes of Amazon and Walmart. Indeed, augmented reality is among the tools that local retailers look ready to adopt for further use. Contextualizing Commerce.

Retail 182

Retail Google Tools Video 182

PYMNTS

APRIL 30, 2019

According to Will Byrne, CEO of Worldnet Payments , the kiosks and smart shelves that are gaining traction across any number of commerce and retail settings may even shift the employment picture a bit. The Changing Retail Footprint. As unattended retail notches an increasing footprint, said Byrne, other use cases will also emerge.

Retail 138

Retail Data Operations Payments 138

PYMNTS

MAY 28, 2020

The digital shift is definitely on. But when it comes to the digital customer experience, retailers are playing catch-up. The issue is critical as retailers either move online or put more effort behind their eCommerce capabilities. Before the pandemic, this process lacked urgency and was known as “digital transformation.”

Retail 144

Retail Customer Experience social media User Experience 144

PYMNTS

APRIL 16, 2020

Wednesday’s Commerce Department retail sales figures showed in no uncertain terms that consumer spending for non-essential goods has taken a huge hit. While many analysts are predicting a complete cratering of non-essential retail for April, the PYMNTS data shows that the category is shifting to digital rapidly. What are they buying?

Retail 141

Retail Online Survey Branding 141

PYMNTS

FEBRUARY 26, 2016

A lesson that is particularly true in retail — where merchants’ main and overriding goal is to be one with the will of the people, with people being synonymous with consumers. I’m not a person in transition, I don’t want to hide, and my money is just as green as anybody else’s,” Denee said.

social media 100

social media Retail Marketing Maine 100

PYMNTS

JANUARY 11, 2021

The four-year-old startup, which just raised $10 million in Series A funding, develops non-meat equivalents of pork rinds, bacon seasoning and other piggy products for the direct-to-consumer (D2C) and retail markets. You definitely wouldn’t want to eat food that I prepared,” he joked. Selling D2C, Retail and Subscriptions .

Los Angeles 141

Los Angeles Marketing Retail Company 141

PYMNTS

AUGUST 12, 2019

News came last week that Facebook is trying to get into the video streaming subscription business and attempt to steal market share from YouTube and Amazon. Subscription commerce is attractive to entertainment platforms as well as retail businesses because it locks in revenue streams, and customer data can help with planning and forecasting.

Retail 118

Retail Video Security Software 118

PYMNTS

OCTOBER 21, 2016

Retailers that are unable to call on substantial financial reserves are struggling in the current environment. Mobile shopping is growing and a key focus of retailers going into the holiday season. Mobile shopping is growing and a key focus of retailers going into the holiday season. to less than $0.29. Sears Holdings Corp.

Retail 100

Retail Marketing Branding Austin 100

PYMNTS

JULY 23, 2020

But regardless of how the business works, don’t call the products of Misfits Market ugly. There’s the excess and then there’s the rest of the produce that doesn’t make the cut,” Ramesh, Misfits Market’s founder and CEO, tells PYMNTS CEO Karen Webster. It’s anything that is nonstandard. So we see things that are too small or too large.

Marketing 170

Marketing Philadelphia Apple Online 170

PYMNTS

JANUARY 14, 2019

It looks like we can finally have a serious conversation about the impending collapse of physical retail in the U.S. All it took was a 160-year old retailer and a $34 billion kick in the stomach to the retail sector to get everyone’s attention. retailer, Sears, which found itself standing at Chapter 7’s front door.

Retail 198

Retail Online Mobile Data 198

PYMNTS

FEBRUARY 10, 2020

Amazon holds the dominant edge in the market for smart speakers, as about 70 percent of people in the U.S. That makes the online retail behemoth the definite leader in that field, and it’s expected to hold that lead through 2021, according to estimates from eMarketer. 9) by eMarketer.

Marketing 132

Marketing Google US Branding 132

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

MAY 2, 2019

It almost served as a milestone for meal kit retail earlier this week when, on Tuesday (April 30), Blue Apron said that, on an adjusted EBITA basis, it achieved probability “of $8.6 Indeed, meal kit retailers continue to seek out a firmer footing by trying new things. Market Landscape. food market. New Strategies.

Retail 108

Retail Survey Strategy Conference 108

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

Retail social media Branding Technology 122

PYMNTS

JANUARY 19, 2021

19) that it has finished its sale of Cost Plus World Market (CPWM) to California-based private equity firm Kingswood Capital Management, according to a statement. announced that it had entered into a definitive agreement to sell Cost Plus to Kingswood. Bed Bath & Beyond Inc. said on Tuesday (Jan.

Marketing 130

Marketing California Branding Capital 130

PYMNTS

NOVEMBER 8, 2019

Brick-and-mortar retailers are teaming with logistics firms to test drones for delivery — and making progress on their experimental flights. Hourican continued, “CVS is exploring many types of delivery options for urban, suburban and rural markets. UPS subsidiary UPS Flight Forward Inc. per news in September.

Retail 101

Retail New York North Carolina Virginia 101

PYMNTS

APRIL 19, 2017

PetSmart is boosting its digital offerings through the acquisition of Chewy, the leading online retailer of pet food and products. According to Chain Store Age , PetSmart has entered into a definitive agreement to buy Chewy, which offers a wide selection of products for pets.

Online 100

Online Retail Customer Experience Operations 100

PYMNTS

OCTOBER 6, 2020

With the busy holiday season upon us, we are proud to offer a truly multi-channel payment solution that has proven to bring new customers and increased sales to our retail partners,” Afterpay Global Chief Revenue Officer Melissa Davis said in the announcement. CEO Nick Molnar said in a past PYMNTS panel. And there's a huge opportunity.

Millennials 200

Millennials Retail United States National 200

PYMNTS

OCTOBER 4, 2019

Online retailers are expanding their brick-and-mortar footprints – and using feedback from eCommerce customers to inform the selections in their new stores. A data team from the eCommerce retailer determines what is sold at the locations, Amazon Physical Stores Director Drew Sheriff told MetroWest Daily News.

Retail 109

Retail San Francisco United States Boston 109

PYMNTS

APRIL 29, 2016

It’s a new fact of retail that consumers want shipping as fast as possible for as little cost as possible. For example, Amazon, Target and Walmart all have the projected volume and market share to negotiate markdowns on shipping rates into the 70 percent range. “And actually, today, there’s no such thing as free shipping.

Retail 100

Retail Atlanta New York Examples 100

BankUnderground

OCTOBER 5, 2022

But bonuses could be really important to understand labour market tightness – a topic of much interest at the moment. Businesses appear to be using bonuses to attract or retain talent in today’s tight labour market, allowing them to compete for talent without locking themselves into higher permanent salaries.

Marketing 95

Marketing Policies Industry Data 95

PYMNTS

DECEMBER 11, 2020

Consumers are going digital and are finding the experience to be an upgrade, while the physical retail channel is becoming increasingly unsatisfying by a pretty wide margin. Herron said that means retail needs to catch up and start rethinking a model that is “definitely broken right now” when it comes to shopping in a physical store.

Retail 273

Retail Meeting Customer Experience Online 273

PYMNTS

APRIL 22, 2020

Then came February, March and the COVID-19 crisis – and suddenly the whole definition of “office” changed. The company’s primary marketing is through word-of-mouth activities: PR, influencers, sampling and very targeted Facebook and Instagram campaigns. Rosenberg’s total marketing spend since The Edge’s inception is under $100,000.

Capital 163

Capital Marketing Michigan Company 163

PYMNTS

FEBRUARY 19, 2020

is largely credited for the global epidemic – even if we are no longer technically the “fattest” country on Earth (congratulations, Nauru ) – the problem has definitively spread inside our national borders. The firm recently raised $10 million in Series A funding to push its sustainable lifestyle-changing app into the wider global market.

Marketing 131

Marketing Exercises Course Big Data 131

South State Correspondent

DECEMBER 8, 2023

The real reason that this conference makes our favorites list is that this is one of the few conferences where we can learn what the largest and most progressive banks are doing in the market. Many banks expressed frustration over keeping small business banking housed within the retail bank channel.

Conference 195

Conference Retail Community Bank Technology 195

PYMNTS

MARCH 7, 2017

From mobile-first strategies to revamping companies’ overall digital side of their practice to have more of an eCommerce focus, retailers have been steadily observing consumers’ shopping patterns for years to determine which is the best route to dive into. The latest company to join the chatbot game from a retail standpoint is Samsung.

Samsung 101

Samsung Retail Training System 101

PYMNTS

NOVEMBER 28, 2016

Beyond the Cyber Monday deals from big-box retailers offering deep discounts on TVs, Xboxes and other big-ticket items, there are the smaller retailers trying to have skin in the game. Big retailers are more able to take in those discounts by enticing customers to buy more or other items. So, what do these smaller retailers do?

Retail 100

Retail San Francisco Online Groups 100

PYMNTS

JULY 15, 2020

Consumers were already changing their retail preferences before anyone had heard of COVID-19, let alone had their life utterly upended by it. This vastly accelerated retail realignment presents challenges — and opportunities — for retailers of all kinds, particularly those dealing in luxury goods, Molnar said.

US 206

US Retail Millennials Trends 206

PYMNTS

JUNE 8, 2017

And Lush, to force the issue, decided to bring attention to it in the most logical way possible — by stripping off their own packaging in the hopes that the sight of mass nudity in a retail environment will both inspire consumers to be more responsible — and remind them of the importance of a good all-over skin care regimen.

Marketing 110

Marketing social media Metro America 110