PYMNTS
JANUARY 15, 2021
Target crushed online commerce and reported decent in-store sales volume for the holidays, while Urban Outfitters and Nordstrom had weak in-store traffic that even fairly positive online volume couldn’t surmount. And in digital innovation, mobile payments are bridging the cash and digital divide in Pakistan.
PYMNTS
SEPTEMBER 12, 2019
Video games are helping to drive retail innovation and growth, and that includes the hot area of subscription commerce. This is only part of the innovation trend stemming from video games. In-store sales, notably, is where the retailer needs to see growth. percent, it wasn’t as much as the retailer wanted to see.
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PYMNTS
FEBRUARY 5, 2020
Retailers that sell products and services online have been steadily removing payment frictions from their online checkout processes, adopting checkout features like refund policies and free shipping. And, in grocery, innovators are connecting retailers with shoppers to help sell surplus food that might otherwise go unsold.
PYMNTS
NOVEMBER 9, 2020
“We are essentially taking glass doors that were probably underutilized and not asking the retailer for any additional physical space.”. From a business standpoint, we believe that things like sales lift are obviously a really important metric,” Dravenstott said, “and you don't hear that much in brick and mortar retail.
PYMNTS
SEPTEMBER 21, 2020
Consumers have shopped online, via mobile devices and at brick-and-mortar stores in various capacities for years, but the pandemic is dramatically expanding the connections between these channels. billion online in Q2 2020. percent of respondents in an early March survey said they were using their mobile devices to shop more often.
PYMNTS
OCTOBER 1, 2020
In merchant innovation, many retailers are in the middle of a journey to digitize operations and bolster sales. And in payment methods, a number of luxury merchants are turning to flexible payment solutions like buy now, pay later (BNPL) , as greater numbers of consumers move online. All this, Today in Data.
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. Testing Innovation .
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