PYMNTS

DECEMBER 28, 2020

In today’s top retail news, FedEx Corp. 28) that it closed its acquisition of ShopRunner, which will operate as a part of a new group inside of FedEx Services named FedEx Dataworks. 28) that it closed its acquisition of ShopRunner, which will operate as a part of a new group inside of FedEx Services named FedEx Dataworks.

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Tampa Retail Florida Branding 188

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. We’re not a data company.

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Community Retail Strategy National 269

PYMNTS

SEPTEMBER 11, 2019

Virtual reality could have more retailers reach more consumers in the coming few years — in large part by upping the consumer experience. Location-based virtual reality (VR) startup The Void is partnering with mall operator Unibail-Rodamco-Westfield (URW) to open 25 new entertainment outposts in the U.S. and Europe by 2022.

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PYMNTS

JANUARY 13, 2020

Fitness and wellness are helping to change the face of retail in 2020. 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. Innovation is also taking place within retail brick-and-mortar pharmacies.

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PYMNTS

DECEMBER 11, 2019

Kroger and Walgreens are expanding their partnership to create a new group purchasing organization (GPO) called the Retail Procurement Alliance, which will pool resources to cut costs and advance innovation, the companies said in a press release on Wednesday (Dec. and reinvent critical components of our sourcing practices.”

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Bank Innovation

MARCH 16, 2018

The word “innovation” get thrown around a lot in banking these days (ah-hem!), but Lara Druyan, managing director, head of innovation, west coast, for the Royal Bank of Canada warned that without metrics, it is easy for innovation efforts to get “squishy.” “I don’t.Read More.

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Bank Innovation

JULY 1, 2019

First National Bank of Omaha (FNBO), with $20 billion in assets and 5,000 employees, is building out its seven-person innovation group within the bank's namesake skyscraper in Omaha, Nebraska. The goal is to […].

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Omaha National Nebraska Innovation 170

PYMNTS

SEPTEMBER 13, 2019

Brick-and-mortar retailers are doubling down on digital as they look to staff their stores for the busy holiday shopping season. The retailer noted that all seasonal hires will have a minimum hourly starting wage of $13 an hour. Target is also offering an array of benefits to the seasonal workers, which all hourly team members receive.

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Retail Trends Online Technology 244

PYMNTS

MARCH 27, 2020

While the advancement of open banking regulations may be seeing a small skip due to the spread of the coronavirus , many countries saw business and typical banking operations halted right after deciding upon new online privacy rules. To find out more about how U.S.

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PYMNTS

SEPTEMBER 16, 2019

These are some of the ways that innovators in the dining space are making it easier for consumers to order their favorite foods — and for restaurants to accept their orders: The projected value of online restaurant delivery sales by 2022, compared to $25 billion today, is $62 billion. Indiana University will have them this month.

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Innovation Mobile Groups Indiana 192

PYMNTS

MARCH 17, 2020

It was supposed to be a thriving retail center in Milwaukee when it was built seven years ago. The DEO “seeks concepts and an operator to program the space to boost innovation and entrepreneurship, demonstrate creative placemaking and feature the Made in Fairfax Network. But it never happened. Starting Jan.

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The Paypers

NOVEMBER 20, 2020

Gaming Innovation Group (GiG) has signed a long-term agreement with casino client K.A.K. DOO for the provision of GiG’s sportsbook to launch both their digital and land-based sports betting operations in the North Macedonian market.

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Groups Innovation Online Retail 41

PYMNTS

NOVEMBER 13, 2019

Times change, tastes expand and brands that don’t evolve generally don’t survive – a lesson that any number of retailers have spent the last several years learning the hard way. But even by the rapidly shifting standards of their vertical, Japanese retail apparel brand Uniqlo is, well, unique.

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PYMNTS

JULY 31, 2019

Smartphone shipments for Samsung increased in the second quarter of 2019, the company said in its latest earnings report , thanks to retail sales of its mid-level models. Samsung’s earnings provide a glimpse into the intersection of retail and mobile. trillion won ($47.4 trillion won ($47.4 Profit Problems. trillion Korean won ($5.3

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PYMNTS

NOVEMBER 9, 2020

Despite COVID-19, we are encouraged by the increases we are seeing in shopper traffic, retailer sales and tenant rent collections across our portfolio,” CEO David Simon said in a statement. “We The company also announced that its portfolio net operating income for the period declined 22.4

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Bank Innovation

MAY 15, 2019

It is this revolution that has led us to present Bank Innovation Build, our newest conference, on Nov. There is a revolution going on inside banking. And that’s not just a cheap cliche. Allow me to explain: A few days ago, Dana Maor, a senior partner at McKinsey, wrote that the consultancy believes “that […].

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Innovation Conference US social media 170

PYMNTS

MAY 13, 2019

In the unattended retail space, vending operators are also becoming more aware of the shifting behaviors of their shoppers and the need for swift and digital payment options. That smaller size opens up whole new markets, and gains access to spaces that have never had a retail experience [as] a part of it.”.

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Bank Innovation

JULY 11, 2018

Citizens Financial Group joins the latest band of established FIs in launching its version of a digital-first bank called Citizens Access.

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Independent Banker

JANUARY 1, 2022

By: Lauren Kirkley, Group President, Print, Payment & Engagement Solutions, Vericast. Retailers have adapted by leveraging access to groundbreaking technology and a wealth of data to rebuild relationships, strengthen new ones, and bolster their brand through increased personalization, more empathy and consistent, relevant messaging.

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Retail Community Branding Study 103

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. That group is more exciting. Here are three we were most impressed by during the year. Here are three we were most impressed by during the year.

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PYMNTS

SEPTEMBER 17, 2019

In the meantime, the digital, mobile, delivery and other innovations that are taking place in this sector are also promising to impact retailers and the consumers who shop not only with mom-and-pop stores but with the bigger chains. The latest example of that comes from one of the biggest retail chains out there — Walmart.

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Bobsguide

JUNE 13, 2022

– Group EBT up by 91 percent compared to first quarter of 2021, revenue up by 40 percent. – Group revenue guidance for 2022 upgraded from EUR 680 million to around EUR 720 million and EBT guidance from EUR 54.5 Pre-tax earnings for the full year are likely to reach around EUR 58 million at Group level (previously: EUR 54.5

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PYMNTS

JANUARY 12, 2021

Verizon , Verizon’s Skyward unit and UPS Flight Forward are teaming up to provide drone delivery for retail products using Verizon’s 4G LTE and 5G networks. We will need the ability to manage and support multiple drones, flying simultaneously, dispatched from a centralized location, operating in a secure and safe environment. “We

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Retail Florida Technology Company 179

PYMNTS

OCTOBER 25, 2019

Brick-and-mortar retailers are testing intelligent shopping carts that are billed as a way to improve the in-store experience. According to the announcement, the test is “part of Sobeys’ customer-focused innovation approach to learn and continuously improve through customer feedback.” In Other Brick-and-Mortar News.

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Retail Innovation Technology Regional 113

PYMNTS

OCTOBER 8, 2019

These moves come amid a push by China to encourage more cross-border commerce and retail. Cross-border eCommerce sales grew at a rate of 30 percent in 2018 in China and were expected to hit $175 billion, representing 10 percent of the online consumer retail across the globe. China’s Commerce Push. Alibaba Changes.

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Bank Innovation

JANUARY 8, 2020

While chip cards are becoming a mainstay at brick-and-mortar retail checkouts, gas pump payment technology lags behind. gas station owners until October of this year to upgrade pumps to accept EMV chip cards, rejecting a deadline extension request from the Merchant Advisory Group. Gas station operators who fail to […].

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PYMNTS

APRIL 17, 2019

The race to 5G retail is on. The new, faster mobile network technology is a big part of the plans for many commerce and payments operators, even though specific use cases have been only slowly emerging as the technology and the devices to support it are deployed. 5G Retail Plans.

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Retail Apple Samsung Conference 199

PYMNTS

MAY 2, 2018

Retailers and retail landlords are reporting strong first-quarter earnings results, beating analysts’ expectations in many cases. As quick-service restaurants (QSRs) look to the future, digital innovations such as self-serve kiosks and delivery are on top of mind. Simon Property Group. billion on Friday (April 27).

Retail 101

Retail Technology South Carolina Honolulu 101

PYMNTS

NOVEMBER 4, 2019

Fast-casual restaurant groups are teaming with eCommerce firms to offer on-demand delivery via digital technology. Data: 500,000: Minimum number of restaurants, grocery/convenience stores and traditional retailers from which Postmates offers on-demand delivery. 3,500: Approximate number of cities in which Postmates operates.

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Innovation Mobile Data Branding 100

PYMNTS

MAY 24, 2019

Brick-and-mortar retailers are joining forces with Amazon in moves that could help bring shoppers into their stores: Stein Mart , for instance, announced this week that it plans to roll out Amazon Hub Lockers at stores in 28 states. Ascena Retail Group is planning to shutter approximately 650 Dressbarn locations.

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PYMNTS

OCTOBER 5, 2020

According to the NPD Group , COVID-19 brought the year’s good start to a halt, with March athletic shoe sales down about 40 percent compared to 2019 and taking a 50 percent hit in April. Despite its 37 -state footprint, Werder noted that Fleet Feet thinks of itself as both a national brand and a community retailer.

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PYMNTS

NOVEMBER 3, 2020

These are the top stories in retail for Tuesday (Nov. Carvana, which sells both used and new cars, has been one of the main innovators in the space, with its high-profile vending machines in several major markets. Wayfair, Home Furnishings Sector Looks Past COVID Winter.

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PYMNTS

FEBRUARY 14, 2019

From 7-Eleven to H&M , retailers are adopting digital payments and artificial intelligence (AI) technology to bring more convenient experiences to their customers. And retailers with brick-and-mortar locations in North America are starting to accept Chinese mobile payment systems.

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Retail Online Payments United States 129

PYMNTS

FEBRUARY 26, 2020

The Sightline platform integrates with the i2c agile processing vehicle and APIs to deliver Play+, a cashless solution that gives gaming operators the ability to move money in real-time between tables, slots, and kiosks. Sightline also integrated Smart Money, a program that works with guests’ iOS and Android mobile devices at retailers.

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Oregon Pennsylvania Innovation Operations 232

PYMNTS

MAY 30, 2019

They are already being used as fitness trackers for related tasks, with insurance companies and medical groups testing out their effect on consumers, a trend that could lead to more precise and individual data, and perhaps even discounts or incentives for health insurance. The two trends promise to reinforce one another. 5G Wearables.

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Innovation Payments Trends Technology 163

PYMNTS

NOVEMBER 20, 2019

Providing a top consumer experience is becoming more important and is a rising trend in retail, and that will almost certainly increase in the 2020s. The space will also feature a ‘Grow Room,’ a public and also rentable space designed for group bonding and meditation. Physical Retail Efforts.

Retail 109

Retail New York City Minneapolis Branding 109

PYMNTS

JANUARY 15, 2021

The Hudson Group plans to add Amazon’s Just Walk Out technology to some of the popular convenience stores the chain operates at more than 1,000 North American airports, train stations and other landmarks and tourist destinations. . Checkout-Less Retail Is Becoming A Reality . It doesn't have to be the point of sale.

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