article thumbnail

Why Retailers Need Better Payments To Boost Mobile Retail App Appeal

PYMNTS

In one sense, that describes the situation for mobile commerce — specifically, retail apps — as 2020 looms. New research from PYMNTS and LISNR digs deep into consumer views of mobile retail apps. Merchants still face the massive challenge of getting consumers to download and use apps. Five or Fewer Apps.

Retail 189
article thumbnail

eCommerce Takes Half Of Pandemic-Driven Retail Growth

PYMNTS

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. It found that eCommerce growth as of May 1 was up 68 percent, surpassing 40 percent of total retail sales. Overall Chinese retail sales of consumer goods dropped 2.8

Retail 231
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Positive Developments In Retail, eCommerce Amid The Pandemic

PYMNTS

In off-price retail, discount stores have experienced large sales gains and opened many new sites, while department stores have gone under or closed hundreds of locations. And in eCommerce, retailers and consumers have benefited from an industrywide effort to remove frictions in online sales experiences. All this, Today in Data.

Retail 142
article thumbnail

Pokémon GO Sets Mobile Download Records

PYMNTS

According to TechCrunch , Apple has confirmed that Pokémon GO has accumulated the most downloads in the first week of availability of anything on its App Store. It’s no wonder, then, why so many retailers, big and small, would be eager to get into the Pokémon GO fold as a way to attract more and more consumers. While the U.S.

Mobile 100
article thumbnail

App Fatigue Is Real, But Retailers Can Fight It

PYMNTS

What does this mean for retailers? Another 15 percent use other merchants’ apps while shopping in their favorite retailers’ stores, and 6.9 percent of consumers have more than five merchant apps stored on their devices, but those who download more apps are more inclined to shop online. Nearly half (43.5 In the study, 69.9

Retail 151
article thumbnail

Faster Checkout Might Be The Key To Boosting Retail App Adoption

PYMNTS

Offering an app doesn’t a guarantee retailers popularity or loyalty, though. Much has been made about app fatigue, yet retailers keep launching them. Most consumers are unwilling to download and use more than a few of these apps, with 63.4 percent reporting they have downloaded none. percent utilize third-party offerings.

Retail 181
article thumbnail

NEW DATA: Consumers Like Cashier-less Retail But Retailers Aren’t Hitting The Mark

PYMNTS

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