PYMNTS

FEBRUARY 25, 2020

Retailers are facing a personalization paradox. Fifty-three percent of consumers want retailers to respect their anonymity in 2020; at the same time 61 percent want more personalization in marketing, messaging and promotions. The rub here is that personalization depends on consumers giving personal information.

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Retail social media Study Security 202

South State Correspondent

SEPTEMBER 7, 2022

In the olden days, if you wanted to market deposits, the head of Retail would come to Marketing and say something like – “We need to raise deposits.” ” Marketing would then put together some ideas for a print or digital campaign; Retail would sign off on it, and then they would roll it out.

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Marketing Data Groups Analysis 195

PYMNTS

NOVEMBER 9, 2020

For retailers, it is a time of reexamination. Digital-first or digital-native retailers made it so. Retail’s own performance reflected that shift. The conversations in retail boardrooms and war rooms in November of 2021 will center on how to direct some of that pent-up demand their way. and Brazil. and Brazil.

Retail 295

Retail Online Branding Data 295

PYMNTS

AUGUST 6, 2020

Real estate trends for retailers are back in the news this week, as the pandemic-driven brick-and-mortar market starts to produce new business models and a fair amount of stability. The new business model involves leasing options for the retail sector. retail portfolio valued at $5.9 Example: One of the U.K.’s

Retail 154

Retail Analytics New York Examples 154

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. Stores As Social Centers.

Community 269

Community Retail Strategy National 269

BankUnderground

JANUARY 18, 2024

What could the first ‘quantum markets’ look like? And where might the differences from classical markets lie? The coins are replaced by ‘qubits’ (quantum bits of information like the 0s and 1s in classical computers) implemented using cold ions , superconducting circuits , or photons of light. What is quantum computing?

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System Marketing Examples Strategy 143

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.

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Retail Branding New York City Indiana 210

PYMNTS

MARCH 18, 2020

In normal times consumers look for three things from a retailer: price, product and location. In fact, a pre-crisis PwC report showed that 14 percent of respondents said trust in a brand is the number one reason (other than price) why they shop at a retailer. What do consumers want from retailers now?

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Retail Branding social media Online 153

PYMNTS

OCTOBER 15, 2020

Consumers want information in the digital-first economy – actually, they wanted it yesterday. And if they don’t get that information, they’ll be off to the nearest competitor. Although it’s hardly a new concept, conversational commerce is seeing a pandemic-driven surge as a result of this informational urgency.

Retail 188

Retail Technology Branding Mobile 188

PYMNTS

JUNE 12, 2019

And, in retail, firms from automakers to merchants are tapping into connected commerce technology. 59 billion: Estimated value of the global biometrics market by 2025. 13 billion: Projected value of the identity verification market by 2025. . $59 59 billion: Estimated value of the global biometrics market by 2025.

Security 148

Security Millennials Data Retail 148

BankUnderground

SEPTEMBER 6, 2023

Understanding where the market thinks inflation is headed is crucial for policymakers, investors, and anyone who wants to keep their financial ducks in a row. They are like the crystal ball of inflation expectations, allowing traders to hedge against inflation risk and giving us a peek into the minds of market participants.

Marketing 114

Marketing Policies Strategy Examples 114

PYMNTS

NOVEMBER 9, 2020

Now there are signals that a physical retail rebound is forming up. presidential election in the rearview mirror and 2021 right around the corner, a new shift is underway: the slow but certain move back to shopping inside retail stores — an experience that people still crave for the experiential joy it brings. With the U.S.

Retail 261

Retail Millennials Online Tools 261

PYMNTS

APRIL 29, 2020

In the “Notorious Markets” report by the Office of the U.S. The office pointed out claims of counterfeit merchandise sold on the eCommerce retailer’s sites in the United Kingdom, Canada, India, France and Germany, Reuters reported. Amazon did not reply immediately to a Reuters request for comment. on the list.

Report 175

Report Marketing United States Retail 175

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

SEPTEMBER 3, 2020

Starting with the release of Apple Pay in 2014, there was a veritable rush of proprietary mobile wallets sent to market, a host of “. And in many places, for the first time, our retailers are open to it. Mobile payments have long been billed as the next big thing. Pays” for consumers to choose from. Can we unpack it?’

Mobile 289

Mobile Retail Apple Payments 289

PYMNTS

MAY 7, 2020

To help show businesses which product areas are increasing in popularity, Google is rolling out a rising retail categories tool. Product Manager Pallavi Naresh wrote in the post that businesses had many creative ways to use the information when it previewed the information with a collection of companies.

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Google Tools Retail Data 131

PYMNTS

JULY 31, 2020

The fashion Industry is seen as one of the most competitive markets where something which is trending today may find itself in the corner the next day.”. That has led to the growing need for designers and retailers to personalize shopping experiences, and that’s the sweet spot for AI. Fast fashion retailer H&M uses A.I.

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Retail social media Analytics Trends 165

PYMNTS

JULY 22, 2020

The retail industry is facing its first sales event of the pandemic with the coming of back-to-school sales. The projections were led by the National Retail Federation (NRF) this week, as it foresees record sales for back to school. At the very least, retailers need to depend on eCommerce sales in the states where the virus is raging.

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Retail Meeting Arizona Florida 186

PYMNTS

SEPTEMBER 28, 2020

Not every product launches smoothly (RIP Fire Phone ), not every new endeavor delivers (Amazon’s flirtations with offering a travel platform ended abruptly) and not every new market immediately yields. Amazon still has mountains to climb, even as the market is softening toward them. based consumers. Amazon is the biggest winner.”.

Marketing 237

Marketing Survey Online New York 237

PYMNTS

FEBRUARY 10, 2020

Start creating more customer data to feed the algorithm and then you too can join the artificial intelligence (AI) retail revolution. Retailers can engage with an “AI lite” strategy that produces lookalike customer data and a level of predictive analytics. But the present and future of AI in retail is much richer. Not so fast.

Retail 203

Retail Boston Data Trends 203

PYMNTS

NOVEMBER 19, 2020

Dutch retailer Ahold Delhaize — owner of grocery behemoths Giant and Stop & Shop — has acquired a majority stake in supermarket delivery startup FreshDirect amid an online shopping surge propelled by COVID-19. “We FreshDirect gets a parent with real buying power and the means to further expand in East Coast markets.”.

Retail 153

Retail New York City New York Operations 153

PYMNTS

APRIL 29, 2020

New developments are focusing on supply chain, government activity and infrastructure to improve the customer experience as post-pandemic retail finds its legs. Retailers that sign up for the new program will receive discounts of up to 40 percent on FedEx Ground and 50 percent on FedEx Express services.

Retail 154

Retail Customer Experience Branding Conference 154

PYMNTS

JUNE 14, 2019

eCommerce market is far below previous projections. According to reports in The Information , eMarketer has lowered its 2019 estimate for Amazon’s share of U.S. retail sales is only 4 percent. Amazon’s retail business competes in the worldwide market for retail sales,” the Amazon spokesperson said.

Marketing 134

Marketing Retail Data Google 134

PYMNTS

AUGUST 2, 2018

Retail is undergoing a reinvention with the rise of eCommerce, and merchants are trying new approaches to their brick-and-mortar stores. Overall, retailers such as Nordstrom are changing their models as an increasing amount of retail spend is now being completed away from physical retail stores. Retail spending saw a 1.6

Retail 102

Retail Marketing Los Angeles Online 102

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 21, 2020

And nowhere is that aphorism better illustrated over the last decade than with the statistic that more than 90 percent of all retail sales took place at brick and mortar stores. It gave retailers the illusion that digital was the retail cart driven by the physical store horse. The answer, she noted, is complex.

Retail 168

Retail Innovation Data New York 168

PYMNTS

MARCH 12, 2020

In an interview with Karen Webster, David Weidner, senior director of Pelion Market Development at Arm , said that that data combined with machine learning (ML) is the key for retailers to build personalized shopping experiences across physical and online settings.

Retail 182

Retail Data Examples Online 182

PYMNTS

OCTOBER 5, 2020

The pandemic seems to have had a strong positive impact on participation in the entire sport of running,” Fleet Feet’s Director of Retail Experience Matt Werder told PYMNTS. Even now that its stores are open, the retailer has discovered that its eCommerce, curbside pickup and virtual fitting services remain popular with customers.

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Technology Retail North Carolina National 131

PYMNTS

MARCH 16, 2018

A lot of market data. But not all brands excel at crawling the web for information relevant to their businesses. “A A lot of brands are having a hard time keeping up with the pace of consumer changes,” StyleSage ’s Director of Marketing and Digital Strategy Elizabeth Shobert told PYMNTS in an interview. An International Market.

Analytics 162

Analytics Branding Retail Trends 162

PYMNTS

APRIL 22, 2020

In a time period dominated by retail sales declines, the hardest hit has been the automotive industry. While March retail sales dropped 8 percent overall, new cars dropped as much as 36.9 This is a time to promote helpful information and services and the opportunity to help others.

Marketing 195

Marketing Online Video Industry 195

PYMNTS

JUNE 5, 2019

It’s not enough to just be a retailer these days, it seems. The retail chain reportedly has been in discussions with Triad Retail Media , the retail advertiser owned by WPP PLC, to acquire it. The company’s digital ad market share is expected to go up 2 percent this year, from 6.8 Take Target as one example.

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Retail Video Google Branding 165

PYMNTS

JULY 13, 2017

The digital retail revolution is well underway. Fusing technology into in-store experiences has officially gone mainstream, and retailers are looking for ways to go beyond the traditional mobile app. How much has AI affected the digital retail revolution and what’s next for it?

Retail 212

Retail Customer Experience Study Online 212

PYMNTS

MARCH 17, 2020

eCommerce’s rise has only made designing retail showrooms more complex, however. Merchants need to bridge this gap as digital connectivity pushes the retail world’s boundaries. Companies need all the tools they can get to keep consumers engaged in the competitive retail environment. The Rise of Visual Search.

Retail 143

Retail Tools Millennials social media 143

PYMNTS

JUNE 13, 2019

Retail is getting more visual, and that stands to be the case for locally-focused merchants as they compete for attention and consumer dollars with the likes of Amazon and Walmart. Indeed, augmented reality is among the tools that local retailers look ready to adopt for further use. Contextualizing Commerce.

Retail 182

Retail Google Tools Video 182

PYMNTS

MARCH 30, 2020

Retailers are dutifully speaking with their payment service providers (PSPs) and industry partners to adhere to these shifts, but they must also keep their customers’ experiences in mind. retailer trade group, Retail Industry Leaders Association ( RILA ), told PYMNTS in a recent interview. Retailers And Data’s Role .

United States 131

United States Retail Customer Experience Data 131

PYMNTS

JUNE 10, 2019

Oracle has announced new enhancements for its Retail Brand Compliance Management Cloud Service , which will enable retailers to monitor the integrity of their materials and end products. They expect transparency and greater access to information in real time. For example, in 2016, a multi-state listeria outbreak in the U.S.

Compliance 115

Compliance Retail Branding Analytics 115

PYMNTS

MARCH 25, 2019

To help meet customer expectations in the digital age, retailers have to know who their shoppers are and what they want. While eTailers already have this information about consumers, brick-and-mortar retailers don’t have this in-depth knowledge. stores per quarter for eight to nine quarters as of last June.

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Retail San Francisco Houston Branding 198