PYMNTS

JULY 22, 2019

Retail trends and innovation can come from unlikely places, and that seems to be the case now when it comes to pets and CBD, two hot areas of commerce that are intersecting. According to a Brightfield Group study cited by the Bloomberg report, “the CBD market could be worth almost $24 billion in the U.S.

Retail 124

Retail Innovation Industry Study 124

PYMNTS

OCTOBER 7, 2019

As consumers get more visual, so, too, does retail, and that is helping to fuel some significant innovation. Indeed, 3D mapping stands as one of the latest ways that spatially focused technology promises to improve the retail experience. All of that provides an opportunity for visual innovation. Among them? 3D Modeling.

Retail 116

Retail Innovation Analysis Mobile 116

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. 4.7K : Number of stores where the new Walmart Media Group places ads targeting customers.

Retail 187

Retail Data Trends Online 187

PYMNTS

AUGUST 14, 2019

Youngsters tend to get all the credit when it comes to being a force that drives retail innovation, and that’s fair enough. This group is more likely to have a college degree, be employed and earn higher salaries than other consumers.). Their mobile habits, for instance, are fueling so much change in commerce and also payments.

Innovation 123

Innovation Retail Millennials Mobile 123

PYMNTS

AUGUST 13, 2019

Not only is it a big time for retail but, in a sense, a kind of dress rehearsal for the upcoming all all-important holiday shopping season. Retail back-to-school spending for families will hit an average of $696.70 last year, according to the National Retail Federation , a trade group. this year, up from $684.79

Retail 127

Retail Innovation Course Trends 127

PYMNTS

JULY 8, 2019

Can cameras replace cashers in retail? It also identified a group of products when a person holding them stood in front of a screen, tallying up their total price.” The paper noted that many such retail innovation efforts for grocery start in Europe. The grocery industry is making a go of it. European Role.

Retail 152

Retail Innovation Seattle Chicago 152

Bank Innovation

MARCH 13, 2017

How do you choose where to focus your innovation team? Marie Floyd, senior vice president of digital customer experiences for Wells Fargo, has some tips. Floyd, who joined Wells Fargo in 2015, has worked in the tech industry for more than 30 years, and for companies like Intuit, eBay, and IBM. In her time at […].

Innovation 246

Innovation Groups Customer Experience Industry 246

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.

Retail 309

Retail Online Maine Branding 309

PYMNTS

JULY 16, 2019

As Prime Day continues to roll along, retailers are doing anything and everything possible to capture consumers suddenly inspired to go on a midsummer shopping spree. The plan, Metzger noted, wasn’t to start a retail recycling revolution — or even a business at all. It pretty quickly spread from there.

Retail 125

Retail Innovation Seattle Examples 125

PYMNTS

OCTOBER 28, 2019

As a new decade approaches, retail is driving hard toward its future thanks to connected vehicles. Skoda, which was launched in 1991 as an offshoot of the Volkswagen group, delivered about 1.25 The company is teaming up with China carmaker China Chang’an Automobile Group on the function. million cars around the world last year.

Innovation 104

Innovation Retail Software Google 104

PYMNTS

AUGUST 6, 2019

What to do with retail malls? That is among the latest trends as retail reinvents itself, and technology and other trends force new uses for old commerce spaces. Malls are not exactly the hotspots of coolness and retail activity they once were. retailers so far this year than in all of 2018. New Investment.

Retail 108

Retail Innovation Minnesota Los Angeles 108

PYMNTS

SEPTEMBER 1, 2020

eCommerce innovation space is booming. In retail, Walmart has officially joined Microsoft in a bid for TikTok, as it bets on youth as well as ad revenue. Real-time settlement options could provide a large opportunity for marketplaces at a time when the U.S.

Retail 136

Retail Payments Data Groups 136

Bank Innovation

JANUARY 5, 2020

Beyond Consortium, led by one of Asia’s largest massage chair makers, V3 Group Ltd. Two more consortiums said they submitted bids for digital banking licenses in Singapore as companies, ranging from a massage chair maker to a property giant and Chinese fintech firms, joined forces to go for the sought-after permits.

Digital Banking 300

Digital Banking Groups Fintech Cards 300

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.

Tampa 188

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.

Community 269

Community Retail Strategy National 269

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 […].

Omaha 170

Omaha National Nebraska Innovation 170

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.

Innovation 267

Innovation Video Management Operations 267

Bank Innovation

APRIL 16, 2018

This unit labelled Barclays UK Ventures (BUKV) will allow the bank to invest and partner with technology companies that will spur the bank’s technological innovation and growth. It will be led by the bank’s former group head of strategy: Ben Davey. […].

Innovation 210

Innovation Strategy Groups Technology 210

Bank Innovation

SEPTEMBER 26, 2019

Marc Butterfield, senior vice president of digital and payments solutions at First National Bank of Omaha, will speak at Bank Innovation Build. He will discuss selling innovation internally, in a panel that focuses on pitching, budgets and bridging disparate interests. His work there […].

Omaha 150

Omaha National Innovation Groups 150

PYMNTS

AUGUST 28, 2019

So-called Generation Z is also driving much of the innovation when it comes to retail. To reach consumers on the hunt for offerings that are “clean and natural,” the retail chain rolled out its Everspring household brand. They noted that they found Generation Z to be a very social group of people. Gen Z Trends.

Retail 148

Retail Trends Millennials Survey 148

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. billion for retail and marketing in the year 2022, with revenues from VR initiatives expected to increase by 3,000 percent over the next four years. and Europe by 2022. Amazon VR Push.

Retail 192

Retail San Diego San Francisco Branding 192

PYMNTS

FEBRUARY 13, 2020

You don’t get to be Simon Property Group with $2 billion in income during a bad year without being crafty about retail. The mall is still a compelling retail venue. What we care about is building the business for the future,” Simon Property Group Chairman and CEO David Simon said on the company’s Feb. 4 earnings call. “We

Innovation 153

Innovation Retail Community Groups 153

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.

Innovation 192

Innovation Mobile Groups Indiana 192

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.

Retail 244

Retail Trends Online Technology 244

PYMNTS

APRIL 4, 2019

Out of the haze of uncertainty emerged a new mobile network, and from the new mobile network came new retail applications and experiences, all taking advantage of the faster speed of the technology, and the potential to reduce friction. 5G Retail Deal. 5G Retail Deal. VR Retail Growth. A new report also says the U.S.

Retail 177

Retail Mobile Course Branding 177

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.”

Resources 132

Resources Retail Kentucky Tennessee 132

PYMNTS

MARCH 2, 2020

To help consumers conveniently access their favorite products, retailers are offering a wide array of merchandise through automated retail technology. According to The Future of Unattended Retail Report from PYMNTS, “Unattended retail touchpoints populate a broad and diverse set of locations, and have taken various shapes and forms.”

Retail 157

Retail Seattle Apple Cards 157

PYMNTS

JANUARY 13, 2020

Fitness and wellness are helping to change the face of retail in 2020. Innovation is also taking place within retail brick-and-mortar pharmacies. Fulfillment, too, is serving as fuel for innovation in this area of retail. That will keep fueling this innovation trend in retail. Fulfilment Needs.

Retail 146

Retail Houston social media Trends 146

PYMNTS

MAY 11, 2020

Speaking at a virtual conference about the future of money, European Central Bank (ECB) executive board member Yves Mersch said a retail central bank digital currency (CBDC) is a game-changer. “A However, a retail CBDC, accessible to all, would be a game-changer, so a retail CBDC is now our main focus.”. We have to be ready.

Retail 130

Retail Conference Maine Policies 130

Payments Dive

JULY 10, 2018

The former head of narrative and partnerships at Lowe's Innovation Labs is scheduled to give a keynote address at Networld Media Group's CONNECT: The Mobile CX Summit in Chicago next month.

Chicago 207

Chicago Retail Groups Innovation 207

PYMNTS

MARCH 27, 2020

This can leave merchants and retailers operating online platforms in various states caught in the middle, said Nicholas Ahrens, vice president of innovation for retailer trade group the Retail Industry Leaders Association (RILA), in a recent interview with PYMNTS. To find out more about how U.S.

Data 199

Data Retail US California 199

PYMNTS

MAY 16, 2019

It’s a place where a person can feel lost in a group of like-minded people in need of a caffeine fix, but also where, for one vital moment, an individual’s specific preferences are often remembered and recognized by another human being. Personalization isn’t the only factor behind the Mastercard Innovation Engine. FinTech Role.

Innovation 170

Innovation Payments Fintech Cards 170

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.

Retail 135

Retail Arlington San Francisco Milwaukee 135

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.

Groups 41

Groups Innovation Online Retail 41

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 […].

Innovation 170

Innovation Conference US social media 170

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.

Groups 225

Groups Millennials Digital Banking Operations 225

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.

Retail 132

Retail Branding Regional Operations 132