PYMNTS

OCTOBER 14, 2020

In today’s top news, purchases via voice assistant are up 10 percent year-over-year, and Afterpay is now available in-store nationwide with major retailers. Afterpay Goes In-Store Nationwide With Major Retailers. 13) unveiled its iPhone 12, which as was widely expected, operates on high-speed 5G networks. on Tuesday (Oct.

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Retail Charlotte Apple Payments 173

PYMNTS

OCTOBER 18, 2019

WHSmith has revealed it will acquire Marshall Retail Group (MRG) in an effort to boost its presence in U.S. Founded in 1792, WHSmith has operations in over 100 airports across 30 countries outside the U.K. MRG currently operates more than 170 locations across the United States, with 70 of those locations operating inside airports.

Groups 101

Groups Retail Las Vegas United States 101

PYMNTS

SEPTEMBER 10, 2019

Sometimes innovation in the commerce and payments space is a matter of a new technology or a new process. The eCommerce operator reportedly is leasing some 500,000 square feet of space in a three-story warehouse in Amazon’s hometown of Seattle, according to The Wall Street Journal. The company applied to the U.S. eBay Program.

Innovation 243

Innovation Seattle California United States 243

PYMNTS

JANUARY 10, 2020

Coffee retailers are tapping into digital technology that helps them grow their reach beyond their stores, especially in China, where competition has been brewing between Chinese coffee chain Luckin Coffee and Starbucks. For its part, Luckin has 4,507 self-operated stores as of the close of last year. In Other Brick-And-Mortar News.

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Retail Detroit Michigan Branding 131

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. European Union and other regions currently fighting the pande mic. To find out more about how U.S.

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Data Retail US California 199

PYMNTS

DECEMBER 31, 2020

percent made voice-assisted purchases while shopping for groceries or retail goods in the last 24 hours. 35 percent of retail businesses have experienced an increase in demand. Key Data Points: 60 percent of small restaurant operators have had their revenues decline since the pandemic began. 31 percent bank via app.

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Data Innovation Payments Millennials 277

Perficient

FEBRUARY 2, 2023

All of Instagram’s shopping features allow users to add items from multiple vendors into an Instagram-operated cart. In 2023, we expect to see this response exaggerated and heightened. Here are some of the biggest payment trends we’re forecasting for the new year. million this year and 94.4 million in 2024.

Industry 471

Industry Trends social media Payments 471

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.

Innovation 192

Innovation Mobile Groups Indiana 192

PYMNTS

SEPTEMBER 30, 2020

Amazon is expanding its operations in Singapore as it grapples with growing competition in a city that is fast becoming a hub for Chinese tech giants and others looking to expand across Asia. The world’s largest retailer is also on a hiring binge in Singapore.

Denver 243

Denver Dallas United States New York 243

PYMNTS

NOVEMBER 16, 2020

16), the retailer announced in a press release emailed to PYMNTS. The purchase process will involve scanning QR codes on mobile devices, CVS stated in the release. Customers at 8,200 CVS Pharmacy locations can use PayPal and Venmo to pay for purchases contact-free starting Monday (Nov. The partnership.

Payments 264

Payments United States Retail Resources 264

PYMNTS

NOVEMBER 22, 2019

Retailers are tapping into voice technology to help consumers order their favorite products such as restaurant takeout as they expand their artificial intelligence (AI) strategies. 30 of this year in the United States, Canada, the United Kingdom, France and Germany.). “We In Other Brick-and-Mortar News. Kroger Co.

Retail 139

Retail Strategy United States Comparison 139

PYMNTS

NOVEMBER 14, 2019

Sports are big business around the globe, so it comes as no surprise that retail innovation constantly takes place within that industry, and in combination with payments. The app was initially available at just six locations in California, Iowa and Texas, but now caters to more than 60 venues across the United States.

Mobile 129

Mobile Innovation San Jose Iowa 129

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. percent in the United States.

Retail 101

Retail Technology South Carolina Honolulu 101

PYMNTS

FEBRUARY 14, 2020

Brick-and-mortar retailers are opening smaller-scale locations packed with technology designed to meet the needs of shoppers in cities. The retailer said that “almost 90%” of the selections in the store were chosen to meet the needs of Mansion House customers. billion by 2024 from £18.5 billion last year per IGD.

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Miami United States New York City Retail 130

PYMNTS

JULY 5, 2019

Retailers are bolstering their supply chains in China as they seek to enhance their service and offer customers fresh products. The post also pointed out that the retailer invested over RMB 700 million – which is approximately $100 million – to create the South China Fresh Food Distribution Center. Other Brick-and-Mortar News.

Retail 101

Retail San Diego blockchain Phoenix 101

PYMNTS

MARCH 8, 2019

Retailers are bringing omnichannel experiences to consumers by bridging the worlds of online and brick-and-mortar commerce through offerings such as buy-online-pickup-in-store (BOPIS). Following that trend, Fast fashion apparel retailer rue21 recently announced it plans to bring the offering to more than 700 stores.

Retail 116

Retail Dallas United States Online 116

PYMNTS

JULY 22, 2019

But we want to take a few minutes to talk about pop-up shops, and how those temporary but often lucrative retail efforts are shaping commerce — and being shaped by payments — and what could be coming next. Even so, the company has certainly not given up on physical retail. Riding Retail Trends.

Retail 108

Retail Honolulu Branding Trends 108

PYMNTS

AUGUST 10, 2018

Traditional retail locations, ranging from fashion and home furnishings to hardware and department stores, have been forced to make significant changes in the face of heightened competition from eCommerce giants like Amazon and omnichannel powerhouses, like Walmart and its online unit, Jet.com.

Digital Strategies 104

Digital Strategies Retail Strategy Los Angeles 104

PYMNTS

MAY 29, 2020

We have deep dives on Main Street’s digital shift, ATM innovation and PPP loans. The pandemic has sped up the digital roadmap for everyone in financial services, providing for more innovation in the last few months than had been seen during several years. Innovating The ATM Beyond Cash. Retailing 2020: Five Things To Watch.

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Maine ATM Innovation Millennials 130

PYMNTS

MARCH 29, 2019

American quick-service restaurants (QSRs) are growing in markets around the world that are thousands of miles away from the United States. As it stands, the quick-service pizza chain has more than 15,900 stores in over 85 markets around the world and over half of its global retail sales are through international locations.

Retail 122

Retail Branding Dallas Marketing 122

PYMNTS

FEBRUARY 14, 2019

And these digital services are only expanding in the United States as well as other places around the world. From 7-Eleven to H&M , retailers are adopting digital payments and artificial intelligence (AI) technology to bring more convenient experiences to their customers. Netflix, for instance, added 6.4

Retail 129

Retail Online Payments United States 129

PYMNTS

AUGUST 16, 2019

Brick-and-mortar retailers are teaming up with social media platforms to curate labels for their stores and their websites. Kohl’s , for instance, will bring emerging brands to over 50 physical retail locations and online starting in the fall through Curated By Kohl’s. In Other Brick-and-Mortar News.

Branding 101

Branding Retail social media Houston 101

PYMNTS

OCTOBER 28, 2020

Businesses across the United States likely knew they would be in for a long, uphill battle to stay afloat when they first began closing their doors in mid-March, but did not know just how long they would be dealing with the fallout from the COVID-19 crisis. Omicron Media On How Payments Orchestration Can Boost Operational Efficiency.

Payments 257

Payments Report Operations United States 257

PYMNTS

SEPTEMBER 30, 2020

More than 100 million consumers in the United States have switched from shopping in stores to shopping online since the pandemic began, and 83 percent of them plan to keep shopping with merchants they have discovered since then, even after the crisis has subsided. The only question is: What do retailers have to do to win them over?

Report 230

Report Retail United States Online 230

PYMNTS

MAY 28, 2020

When the United States economy locked down to slow the spread of the coronavirus, it rapidly and radically altered the way consumers browsed, shopped and paid for goods and services — and not all small- to medium-sized businesses (SMBs) were prepared. Confronted with the option, most SMBs chose to innovate. Meanwhile, 16.9

Maine 182

Maine Data Innovation United States 182

PYMNTS

DECEMBER 23, 2020

News came this week that the United States Securities and Exchange Commission has filed suit against Ripple over its XRP cryptocurrency. billion units of a digital asset security called ‘XRP,’ in return for cash or other consideration worth over $1.38 billion to fund Ripple’s operations and enrich Larsen and Garlinghouse.”

cryptocurrency 234

cryptocurrency Security Bitcoin Regulation 234

PYMNTS

NOVEMBER 6, 2020

And so are the digitally innovative companies that sell them. Taken together, COVID-19 has given rise to a pet craze that’s brought new attention to what’s a $100 billion annual industry in the United States alone. “It But beyond traditional brick-and-mortar pet stores, online retailers continue to do well.

Company 166

Company San Diego Pennsylvania United States 166

PYMNTS

SEPTEMBER 12, 2016

Yogurt is an undeniably popular product in the United States. Considering the average unit of yogurt in the U.S. is a 4–6 ounce plastic cup with a retail sale price that is less than a dollar, Americans are buying an awful lot of yogurt. It was apparently the yogurt innovation the American public didn’t know it needed.

Innovation 100

Innovation New York United States Retail 100

PYMNTS

JUNE 18, 2020

The new partnership will use Pollard’s scanACTIV solution and Blackhawk’s direct point-of-sale tactics in order to let customers buy lottery tickets at a wide network of grocery and convenience stores around the United States, avoiding extra steps like waiting in another line or making a separate purchase altogether.

United States 141

United States Training Retail Fraud 141

PYMNTS

AUGUST 3, 2017

“We’re proud of our Canadian heritage, and we want to share a piece of that in the United States,” Felipe Athayde, executive vice president of Tim Hortons U.S. We felt it was going to cause a lot of chaos from the operations side.”. We had very serious concerns,” an owner noted. “We Moving To Mobile Payments .

Innovation 101

Innovation Mobile Michigan Ohio 101

PYMNTS

JULY 19, 2018

A big food delivery company has even bigger plans, the CFPB has innovation news and Nigeria seems to be hampering the growth of mobile money, a move that could slow financial inclusion efforts. The eCommerce operator reportedly shipped more than 100 million products during the 36-hour event. Wedbush Estimates Amazon Brought i n $4.2B

United States 100

United States Innovation Mobile Google 100

PYMNTS

MARCH 22, 2019

There are huge operational consequences for central banks in implementing monetary policy and implications for the stability of the financial system,” Carstens said. Central banks do not put a brake on innovations just for the sake of it. But neither should they speed ahead disregarding all traffic conditions.”.

Bitcoin 172

Bitcoin cryptocurrency United States Policies 172

PYMNTS

OCTOBER 28, 2020

"What I enjoy most is helping our customers thrive in this rapidly changing world and helping them realize their vision in a way that simplifies the adoption of new technology — capabilities that can unleash their innovation in the digital economy," said Craig Muzilla, senior vice president of Red Hat. A Permanent Shift for Payments.

Technology 182

Technology United States Innovation Video 182

PYMNTS

NOVEMBER 24, 2020

The hotel industry may be struggling in the wake of COVID-19, but a new deal by two major global operators shows there is still lots of life left in the sector. based Ennismore to create a new venture that it is already being touted as “the world’s leading lifestyle operator.”.

Branding 168

Branding United States Operations Company 168

PYMNTS

SEPTEMBER 18, 2019

“At InstaReM we’re committed to giving people the platform to use their money their way and after launching successful operations in some of the high-traffic corridors in the Asia-Pacific, European Union and the United States, we are thrilled to arrive in Canada,” InstaReM Co-Founder and CEO Prajit Nanu said in the release. .

Fintech 164

Fintech United States Analysis Digital Banking 164

PYMNTS

DECEMBER 26, 2018

This round of financing will further strengthen Geek+’s continued investments in innovative products and solutions, [a] global distribution network and customer service.”. And in the United States , major companies are trying to decide between footing the costs for more expensive deliveries on their own or passing the costs to customers.

Marketing 134

Marketing United States Retail US 134

PYMNTS

APRIL 10, 2019

Cashless retail, to a point, and then cashless and cash, too. Steve Kessel, who as a senior vice president helms the physical store operations for Amazon, reportedly said last month that the expansion of payment options would take place at the stores, but no timeline was available as of this writing.

New Jersey 144

New Jersey Philadelphia United States Chicago 144