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

AUGUST 28, 2019

Retailers seeking to provide rapid deliveries face an ever-moving target as consumers’ definition of speed evolves. A significant share of Generation Z consumers — those aged 18 to 25 — are turning to buy online, pick up in store ( BOPIS ) purchasing models to meet their speed needs. Quick Access and Impulses.

Retail 108

Retail Online Study Alaska 108

PYMNTS

NOVEMBER 10, 2020

Cooler Screens is replacing traditional glass doors with high-definition, multi-functional video screens that create a new revenue stream for merchants. In merchant innovation, consumers are increasingly beginning their shopping trips online , and a growing number are deciding to finish their journeys there.

Retail 133

Retail Chicago Video Data 133

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

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. However, new data from PYMNTS shows that some non-essential items are moving online. On March 17 only 25 percent of respondents said they were shopping for non-essential items online.

Retail 141

Retail Online Survey Branding 141

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. Bed Bath & Beyond Inc.

Branding 131

Branding Groups Retail New York 131

PYMNTS

SEPTEMBER 21, 2018

Shopping for apparel online is tricky in any case, and shopping for accessories can be particularly taxing because, while one can get a fine feel for the look of a piece, the actual fit is something quite difficult to discern — as looking at an image of an object doesn’t quite tell its scale. However, stay tuned.

social media 155

social media Tools Branding Online 155

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

JUNE 2, 2020

The list of positive retail brand attributes goes on and on, but one new post-pandemic value has become more important than all the others: cleanliness. Example: Ted Gallagher is vice president and partner at Environmental Hazards Control , a Lancaster, Pennsylvania-based company that disinfects retail locations and other business facilities.

Retail 141

Retail Las Vegas Branding Pennsylvania 141

PYMNTS

MAY 30, 2016

If brick-and-mortar merchants can claim anything sacred from the total encroachment of online retail on its turf, it’s the highest echelon of uber-luxurious commerce. That is, if the current trend toward dollar shopping holds — both in-store and online. billion total.

Online 100

Online Retail Branding National 100

PYMNTS

FEBRUARY 24, 2020

As 2020 unfolds, the retail business has been dramatically altered. But with consumer spending holding steady, it’s important for retailers to grasp the opportunity to create innovative ways to get, keep and grow customers. And retailers that deploy experiential tactics drive repeat purchases at rates nearly twice those who don’t.

Retail 210

Retail Branding New York City Indiana 210

PYMNTS

OCTOBER 2, 2020

Unprecedented surges in online shopping volume has meant consumers are shifting their buying and payment habits in a big — and likely permanent — way. For many merchants, particularly smaller ones, the most immediate priority is to ensure that these businesses can accept payments online. A Permanent Change.

Data 184

Data Management Retail Online 184

PYMNTS

JUNE 18, 2019

Pet retail is having a moment, with innovation and other efforts helping merchants better reach owners of dogs, cats and other household animals. In a recent PYMNTS interview, company founder Andrea Chavez talked about bringing more online efficiencies to pet ownership. Chewy.com already has an online pharmacy business.

Retail 122

Retail social media Fort Worth Dallas 122

PYMNTS

APRIL 26, 2017

In an increasingly complex consumer landscape, creating a coherent retail strategy requires synthesizing hundreds of data points on industry, consumer and competitor trends. My role as the chief strategy officer definitely requires me to climb the trees and often tangle with lemurs. SW: It’s never the same day twice.

Strategy 100

Strategy Retail Online Data 100

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. The customer experience online has dozens of critical elements.

Retail 144

Retail Customer Experience social media User Experience 144

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

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. Fast Food Picture. That’s not all. Security Cameras.

Retail 131

Retail Software Video Course 131

PYMNTS

SEPTEMBER 9, 2020

Caught somewhere in the middle is a category that has had a tough run this lost summer of 2020: bridal retailers. A minimony , as the name suggests, is hardly as lucrative as its bigger cousin, matrimony – and that difference has taken a bite out of bridal retail. Smaller retailers are focused on safety as well as agility.

Retail 134

Retail Los Angeles Guidelines Video 134

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. It’s just sort of like nonstandard versions of food that traditional retailers either are not able to buy or refuse to buy.”. Ramesh said.

Branding 162

Branding Retail Philadelphia Marketing 162

PYMNTS

MARCH 30, 2020

Some workers will stay on to continue working in eCommerce, call centers and distribution divisions, as Macy’s continues to sell online. The moves by companies to try and weather this difficult period will definitely grow the ranks of the unemployed, a number that is already at a record high of 3.28

Retail 132

Retail Online Company Report 132

PYMNTS

DECEMBER 30, 2016

While the shift to the online space is often seen as the great game-changer in retail, Loren Padelford, vice president and general manager of Shopify Plus , said that the change is actually to something more fundamental. A lot of traditional merchants and retailers are struggling with that change.

Retail 130

Retail social media Branding Mobile 130

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

AUGUST 12, 2019

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. Subscription commerce isn’t immune to the retail data breaches that have become widespread, though it does have different payment issues.

Retail 118

Retail Video Security Software 118

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

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. There are also digital price tags for every item, and Prime members can pay the discounted online price for their selections at the store. In Other Brick-and-Mortar News.

Retail 109

Retail San Francisco United States Boston 109

PYMNTS

JUNE 21, 2019

These hubs for travel retail, which are providing an audience of on-the-go travelers as U.S. However, the company’s luxury unit is continually on the uptick — and travel retail is said to be partly responsible. The company said in an announcement that the fleet from Nuro will serve some customers in Houston who make online orders.

Retail 101

Retail Branding New York City Houston 101

PYMNTS

JUNE 5, 2020

The world of retail might not be quite getting back to normal, but people are starting to pick up some pieces of their old day-to-day lives again. And in the ongoing race between Amazon and Walmart for the consumer’s whole paycheck , there’s been some definite movement in numbers that PYMNTS tracks. That’s a big leap forward.

Retail 141

Retail Georgia Atlanta blockchain 141

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.

Strategy 109

Strategy Retail Conference Comparison 109

PYMNTS

FEBRUARY 15, 2017

Given this fast consumer-driven nature, retailers can’t keep track. According to TimeTrade’s State of Retail 2017 Survey , retailers missed out on $150 billion in sales during the 2016 year by not catering to this consumer desire for a more personalized experience.

Retail 117

Retail Survey Trends Examples 117

PYMNTS

AUGUST 18, 2017

Despite years of revenue reports indicating that online stores had become vital lifelines for retailers in every segment from furniture to fashion — accounting for more than 10 percent of retail purchases, and bringing in more than $105 billion in the first quarter of 2017 alone — some businesses have resisted selling their inventory online.

Online 100

Online Retail Alabama United States 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

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

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 smaller retailers, like cooking boutique Saratoga Olive Oil, though, those charges could be upwards of $75 without the Amazon-sized discounts. “And actually, today, there’s no such thing as free shipping.

Retail 100

Retail Atlanta New York Examples 100

PYMNTS

AUGUST 5, 2020

The digital shift is definitely extending to online furniture sales, with two companies — Wayfair and Blueport — reporting stratospheric increases in sales. From April 1 through June 30, furniture retailers on the Blueport platform increased sales an average of 317 percent vs. the same period, and 123 percent vs 2019.

Retail 169

Retail Online US America 169

PYMNTS

OCTOBER 22, 2020

Retailers in this space are also beginning to offer more payment methods and shopping channels, and the ongoing COVID-19 pandemic’s effects on consumer behaviors is partly driving this shift. Providing diverse payment methods is therefore becoming as essential to retailers’ success as offering expansive product lines.

social media 200

social media Retail Online Mobile 200

PYMNTS

SEPTEMBER 29, 2020

The retail ecosystem has been turned upside down over the past six months as changes big and small rippled through the segment worldwide in response to the pandemic. Consumers are shopping more online , are increasingly interested in contactless payment methods and are showing up in stores to buy, not to browse.

Millennials 251

Millennials Retail Online Branding 251

PYMNTS

DECEMBER 29, 2020

According to Mastercard ’s SpendingPulse transactional analysis, total retail spending for 2020’s 75 days of Christmas was up 3 percent, and eCommerce sales were up 49 percent — good for the stay-at-home economy and tough sledding for department stores. percent overall and 31 percent online.

Retail 180

Retail Branding Analytics Online 180