PYMNTS

JANUARY 16, 2018

One might just call this the age of unattended retail. Increasingly, retailers and other merchants are looking to give customers a more convenient and efficient experience by offering products and services via unattended kiosks. What’s more, the industry has already experienced some impressive growth, with the U.S.

Retail 187

Retail Industry Data Florida 187

Perficient

NOVEMBER 8, 2021

I touch a variety of sub-industries, including retail banking, commercial banking, and payments. With the world opening back up and investments coming back, I feel we’ve really geared ourselves to face new challenges. MM: Paint a picture for me. What do you do for Perficient?

Industry 539

Industry cryptocurrency New Mexico Los Angeles 539

PYMNTS

JANUARY 14, 2021

Like so many industries today, the diamond sector continues to struggle with supply chain digitization. While B2B eCommerce portals use a variety of payment methods to facilitate transactions, Goldiam has integrated Stripe to facilitate credit card transactions for its retail buyers. Fostering Supply Chain Trust.

Industry 204

Industry Strategy Retail Trends 204

PYMNTS

DECEMBER 5, 2018

Retailers are turning to accelerators to drive innovation, and Target is taking its program to the international stage: It is teaming up with Germany’s wholesale and food specialist METRO AG for its cohort this year. Think about Farfetch as the platform for the luxury industry.” (The as well as other countries.

Retail 140

Retail Innovation Industry Metro 140

PYMNTS

SEPTEMBER 24, 2020

retail sales grew in September at their fastest rate in 18 months, Yahoo! The Confederation of British Industry ’s (CBI) latest monthly Distributive Trades Survey pointed to grocery stores as a big contributor to sales growth. The CBI surveys 123 companies, including 56 retailers. Retail employment in the U.K. The result?

Retail 254

Retail Survey Industry Report 254

PYMNTS

JANUARY 3, 2020

Ouai , a hair and body care brand founded by celebrity hairstylist Jen Atkin, will roll out some of its merchandise in 1,200 Ulta Beauty locations in addition to the retailer’s website on Sunday (Jan. The retailer wrote in a tweet , “We’re starting off the decade with a big announcement: “@theouai by Jen Atkin is launching at Ulta Beauty!”

Retail 131

Retail Industry Branding Miami 131

PYMNTS

NOVEMBER 13, 2020

Managing inventory, B2B payments and a plethora of food and beverage vendors can be a headache for any kind of restaurant, bar or retailer. Retailers that sell alcohol must be able to understand exactly which products they have in stock, and which products are generating the most revenue for the business.

Industry 219

Industry Payments Retail Regulation 219

PYMNTS

AUGUST 31, 2020

There’s a storm brewing in the Indian retail scene, with Amazon at its center. Over the weekend, Reliance Industries – the company owned by India’s richest man, Mukesh Ambani – purchased Future Group ’s 2,000 retail stores and the Big Bazaar grocery chain. Whole Foods has 497 stores. billion consumers. “At

Retail 263

Retail Online Groups Industry 263

PYMNTS

DECEMBER 28, 2020

Discount supermarket retailer Save A Lot unveiled the sale of 51 retail locations run by the company in the Tampa, Florida market to existing Save A Lot Retail Partner licensee Fresh Encounter. The latter company will keep running the retail locations with the Save A Lot name, according to a Monday (Dec.

Retail 265

Retail Tampa Florida Community 265

PYMNTS

AUGUST 1, 2017

To say direct-to-consumer retail practices have had an impact on the manufacturing industry would be an understatement. With eCommerce a major proponent of the direct-to-consumer (DTC) channel and showing no signs of slowing down, the retail industry landscape has been forever changed.

Industry 120

Industry Retail Study Technology 120

PYMNTS

OCTOBER 31, 2019

On the heels of major retail chains filing for bankruptcy this year, Simon Property Group ’s chief executive says the retail industry appears to be “reaching the bottom” of a wave of bankruptcies. 30, the company reported retailer sales per square foot were up 4.5 Shares in the company were down 3.5 We’re hustling.

Retail 101

Retail Industry Groups Comparison 101

PYMNTS

NOVEMBER 8, 2020

Future Retail is attempting to prevent partner Amazon from meddling further in its $3.4 billion asset sale deal with Reliance Industries and has challenged the U.S. percent stake in Reliance Retail. eCommerce giant in a New Delhi court, Reuters reported.

Retail 230

Retail Industry Regional Groups 230

PYMNTS

JANUARY 20, 2021

Google Cloud is rolling out Product Discovery Solutions for Retail, a new suite of services that will use artificial intelligence (AI) and machine learning (ML) to help eCommerce firms deliver personalized consumer experiences during a shopping journey’s initial phase. "As Vision API Product Search.

Google 208

Google Retail social media Meeting 208

Bank Innovation

AUGUST 14, 2017

Many countries have joined the rush to go cashless by promoting wider adoption of digital payments and legalizing cryptocurrencies. Still, it’s European countries like Sweden that continue to be the models for cashless societies. The Riksbank, Sweden’s central bank, predicts that cash transactions will just be a mere 0.5

Industry 264

Industry Retail Payments cryptocurrency 264

PYMNTS

SEPTEMBER 29, 2020

Brick-and-mortar retailers felt the pain at exaggerated levels due to the pandemic, according to the bi-annual BDO Bankruptcy Update. Among retailers not in bankruptcy, there were 4,228 store closures, including Inditex with 1,000 closures and Starbucks with 400, the report stated.

Retail 268

Retail Report Groups Industry 268

PYMNTS

NOVEMBER 1, 2020

Amazon , which is fuming over a decision by its India business partner Future Retail to sell assets to rising Amazon rival Reliance Industries , has asked India's top securities regulator to block the deal, Reuters reported. When Future Retail nevertheless pursued what would become a $3.4 Also, on Sunday (Nov.

Retail 160

Retail Report Regulation Industry 160

Bank Innovation

MAY 31, 2019

Marcus by Goldman Sachs, Goldman's digital-only retail bank, is quickly becoming a full-service financial platform -- a threat to both challenger banks and traditional incumbent players.

Retail 236

Retail New York Operations Online 236

PYMNTS

OCTOBER 1, 2020

has put more cash into Reliance Retail Ventures Ltd , a division of Reliance Industries Ltd. Reliance Industries, the global conglomerate whose businesses include retail, energy, textiles, natural resources and telecommunications, announced on Thursday (Oct. crore in Reliance Retail. crore in Reliance Retail.

Industry 130

Industry Retail New York Resources 130

PYMNTS

JANUARY 3, 2017

Many retail companies rung in the new year with a new CFO. Or, at least, many retail companies wanted to. Turns out, at least 45 retail companies have had their CFO exit in the past year. As a result, recruitment for these positions goes outside of retail. And they’re not alone.

Retail 108

Retail Industry Strategy Examples 108

PYMNTS

DECEMBER 16, 2020

Digital sports entertainment and gaming industry platform DraftKings — known for its top-rated daily fantasy sports and mobile sports betting apps — today announced an agreement with InComm Payments , a global leading payments technology company, to launch an industry-first retail gift card. . DraftKings reported on Friday (Nov.

Retail 230

Retail Cards Payments New York 230

PYMNTS

SEPTEMBER 15, 2017

retail sales fell in August, and industrial output recorded its biggest drop since 2009, due to the impact of Hurricane Harvey. According to the Commerce Department, retail sales dropped 0.2 retail sales of building materials, electronics, appliances and clothing also fell. Motor vehicle sales tumbled 1.6

Retail 129

Retail Industry Texas Florida 129

PYMNTS

JANUARY 11, 2021

retail rents falling in many locales by percentages even greater than those seen in or after the 2007-08 Great Recession. These decreases are historic,” the Real Estate Board of New York wrote in a new report showing that average Manhattan retail asking rents fell in all of the island’s 17 retail corridors during autumn.

Los Angeles 207

Los Angeles Retail San Diego San Francisco 207

PYMNTS

JANUARY 21, 2021

In brick-and-mortar, retailers are overestimating demand for buy online, pick up in-store (BOPIS) , but they are underestimating demand for delivery. 3 : Number of elements included in Google’s new ‘Product Discovery Solutions for Retail’ suite.

Retail 155

Retail Google Data Tools 155

PYMNTS

NOVEMBER 10, 2020

The David’s Bridal application was built by Vertebrae , a tech company that specializes in bringing real-world applications to retailing. Vince Cacace , CEO of Vertebrae, told PYMNTS that AR in 3D has become a high-demand technology for all kinds of products and retailers. “We How does it work on me? How does it work in my space?

Retail 261

Retail Technology Training Online 261

Payments Dive

MARCH 17, 2017

If 2015 was a defining moment for mobile use in retail, then 2016 showed the industry what is possible as merchants continued to fine-tune their app experiences for consumers. And they will continue along that path well into 2017 and beyond.

Retail 320

Retail Mobile Industry 320

PYMNTS

JUNE 17, 2020

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

Retail Online Course Report 231

PYMNTS

APRIL 13, 2020

Prepare for a big week of retail data, all of it unprecedented in light of the COVID-19 pandemic. Starting with the Commerce Department retail sales data on Wednesday, retailers will get a sense of how much consumers are spending and the retailers they are spending with. For retailers, there are no surprises from March.

Retail 216

Retail Data Capital New York 216

Payments Source

MARCH 4, 2020

The Ohio credit card issuer is seeking to rebound following a tumultuous year in which top executives departed and key retail partners declared bankruptcy.

Retail 99

Retail Ohio Industry Data 99

PYMNTS

JANUARY 19, 2021

Chuck Huang, founder and CEO of Citcon , explores how the pandemic has prompted retailers to capitalize on the surge in demand for contactless, digital payments. "As But we at Citcon believe it will also be marked as the year that prompted stunning innovation across industries. 2020 will be remembered by most as a year of trial. "As

Retail 211

Retail Payments Online Marketing Strategies 211

PYMNTS

MARCH 31, 2020

The retail closures related to the coronavirus have been a death knell for an already struggling retail industry, and many companies might not make it through, according to a report by the Financial Times. The industry is in dire need of cash, but the recently passed $2.2

Retail 139

Retail Industry Study National 139

PYMNTS

JULY 31, 2020

Artificial intelligence (AI) is now one of the tools at the retailer’s disposal to keep pace with those changes. “It It is time to restyle the fashion industry which has been the epitome of styling for years. For retailers the concept of taxonomy — naming and classifying items — has been transformed by AI.

Retail 165

Retail social media Analytics Trends 165

Payments Dive

MAY 1, 2023

The giant retailers eagerly await instant payment system possibilities, especially as an alternative to card payments, according to industry professionals who heard their representatives speak recently.

Payments 448

Payments Retail System Cards 448

PYMNTS

DECEMBER 9, 2018

With retailers struggling to get compliant with the Payment Card Industry Data Security Standard , qualified security assessors are going to be in more demand and can offer tokenization as one way of achieving compliance. That’s according to TokenEx , which recently hosted a webinar to help retailers better understand tokenization.

Retail 194

Retail Report Compliance Security 194

PYMNTS

OCTOBER 1, 2020

General Atlantic , a New York-based global growth equity firm, announced it will invest 3,675 crore i nto RRVL, a subsidiary of Reliance Industries in Mumbai, India. . percent stake in Reliance Jio , the digital subsidiary of Reliance Industries. General Atlantic’s investment represents a 0.84

Industry 130

Industry New York Retail Course 130

PYMNTS

JULY 22, 2020

A new advocacy group dedicated to direct-to-consumer retail was announced this week with representation from Google and several major retailers including QVC, Brooks Brothers and Lane Bryant. It foresees a short-term evolution of retailing to an all-DTC world. The white paper also aims right at the Digital 3.0

Google 150

Google Groups Retail New York City 150

Chris Skinner

JANUARY 4, 2017

Jim produces a great report each year, curating the thoughts of 100 industry leaders including myself, on what is going to happen in the year ahead. Summarizing this year’s report, … The post Top 10 Retail Banking Trends for 2017 appeared first on Chris Skinner's blog.

Banking Trends 345

Banking Trends Trends Retail Industry 345

PYMNTS

OCTOBER 23, 2020

percent stake in Aditya Birla Fashion and Retail Limited (ABFRL), the company said in a statement on Friday (Oct. It also reflects our strong conviction in the future of the apparel industry in India, which is poised to touch $100 billion in the next five years.”. 1,500 crore) for a 7.8

Retail 248

Retail Branding Groups Industry 248