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. Gen Z Trends. As well, the brick-and-mortar retail shopping experience is still important to Gen Z.

Retail 148

Retail Trends Millennials Survey 148

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. And in B2B payments, virtual cards are helping firms manage spend in real time.

Retail 187

Retail Data Trends Online 187

PYMNTS

DECEMBER 16, 2020

Amid the great digital shift , retailers and financial institutions (FIs) must walk the fine line between challenging transactions and letting the consumer journey proceed frictionless. And then, after the transaction is made, there’s the task of understanding the byzantine codes and data that are tied to online statements.

Retail 228

Retail Management Fraud Omaha 228

PYMNTS

DECEMBER 26, 2019

Change came from various areas for retail in 2019. Not the least of it involved artificial intelligence (AI), a big trend going into the 2020s. Retail merchandising was, at best, a hit-or-miss system in its heyday, Nextail CEO and Co-Founder Joaquin Villalba told PYMNTS in a recent conversation. Role of Data. Pricing Changes.

Retail 132

Retail Trends Analytics social media 132

Perficient

JANUARY 5, 2021

Over this past year, we have seen a great amount of customer influence introduced and reinforced with our online commerce experiences. Digitalization of online shopping experiences is at the greatest it has ever been, especially the emphasis on creating a safe and exceptional space for customers to shop.

Online 508

Online Retail Trends Technology 508

PYMNTS

AUGUST 4, 2020

Social shopping is the latest pandemic-driven trend to catch fire. Tuli also has a high-profile management team. Although it is built for retail eCommerce, Tuli will start with restaurants. It also includes an online ordering solution at what the company says is an industry-low 10 percent commission, including credit card fees.

Trends 207

Trends Branding Retail Community 207

PYMNTS

JANUARY 7, 2020

The longstanding practice of selling automobiles is getting a change — reflecting larger trends in commerce. For instance, online marketplace and auction site eBay has released eBay Motors , a new app that uses artificial intelligence (AI) to list a car in under five minutes, according to a report by The Verge. New Financing.

Trends 134

Trends Retail Fort Worth Regional 134

PYMNTS

NOVEMBER 16, 2020

Some retailers are just excellent about telling stories about themselves and about the products that they're selling,” Taylor told PYMNTS. If brands want to get online, and you want to have something that looks bespoke, that’s typically going to mean paying a developer or paying an agency quite a bit of money.

Retail 226

Retail Regional Branding Tools 226

PYMNTS

MAY 5, 2020

Retail reopening events continued to draw light foot traffic on Monday, as Florida joined Texas in allowing non-essential stores to reopen. It showed that consumers are in no hurry to go back to physical shopping, a trend that is accelerating. The retail industry is at a critical juncture. percent from 35.5

Florida 205

Florida Retail Tampa Customer Experience 205

Perficient

OCTOBER 23, 2020

It goes without saying that this year will be different in the midst of the COVID-19 crisis, and you already know the impact the pandemic has had on consumers and how they purchase, with many turning to online channels for items that they typically may have purchased in-store. Transparency, Transparency, Transparency.

Trends 515

Trends Analytics Google Online 515

PYMNTS

MAY 21, 2020

But as anyone that has tried to catch up with the suddenly online consumer will attest, what goes out must sometimes come back. As eCommerce revenue has risen, so has the need for consumers to return their purchases, sometimes surprising retailers that might not have seen the order scale they’ve seen for April and May.

Retail 224

Retail Customer Experience Branding Online 224

PYMNTS

AUGUST 9, 2019

In an interview with PYMNTS, Tim Moran, senior vice president of product and marketing at Worldnet , told PYMNTS that the age of automated retail is dawning — but there is no one-size-fits-all approach. Moran said the overall trend toward automation is being driven by the consumer, and in particular, by millennial consumers.

Retail 181

Retail Analytics Millennials Online 181

PYMNTS

NOVEMBER 25, 2020

24) that it enjoyed a 61 percent jump in online sales during its fiscal third quarter ended Oct. The retail giant also said that its Athleta chain’s sales rocketed even as revenues plunged at Banana Republic Global. However, management said that was a “slight improvement” from Q2. said Tuesday (Nov. billion at Q3 2019’s end.

Online 170

Online Branding Retail Management 170

PYMNTS

JUNE 9, 2020

Physical brick-and-mortar retail was suffering long before the pandemic. Consider the findings of a PYMNTS consumer survey , where 42 percent of consumers are engaging in even the most routine activities online, and as much as $158 billion in brick-and-mortar sales are moving to digital channels.

Retail 230

Retail Mobile Meeting Online 230

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

PYMNTS

SEPTEMBER 24, 2019

consumers are expected to be shopping online by 2021. The ruling meant that online retailers could be mandated to collect sales tax — and taxes can be levied by states on firms that do not have physical presence in those states. More than 230 million U.S. In that case, there are a number of reporting and filing requirements.

Taxes 116

Taxes Retail Online South Dakota 116

PYMNTS

JUNE 6, 2019

And that seems likely to create new opportunities for certain types of online merchants. By 2023, manufacturers and retailers will have to donate, reuse or recycle the goods” under a program that the French prime minister called the first of its kind from any national government. Liquidation Trends. Amazon’s Role.

Retail 146

Retail New York Online Trends 146

PYMNTS

DECEMBER 12, 2017

Some things about holiday shopping trends will never change, Mastercard’s Sarah Quinlan told Karen Webster in their annual discussion of the trends to watch for the holiday season. When we look at the trends, it is not hard see why,” she said. “Unemployment is at 4.1 fall was actually cold this year.

Retail 102

Retail Online Trends Groups 102

PYMNTS

DECEMBER 11, 2020

In this week's news, we saw two blockbuster IPOs, arguments and stalemates over a new stimulus bill, and new data on consumers' digital shopping trends. Online lending startup Social Finance (SoFi) is in talks to go public through a sale to blank-check acquisition company. eBay: Offline Payment Preferences Are Changing Online Habits .

Trends 175

Trends Fraud Millennials Community Bank 175

PYMNTS

NOVEMBER 24, 2020

Businesses and financial institutions (FIs) are constantly examining ways to make their customers’ accounts more secure, especially as more consumers go online to make purchases and transact during the ongoing COVID-19 pandemic. Deep Dive: The Benefits And Drawbacks Of Using SMS-Based Verification. About The Tracker.

Online 272

Online Report Customer Experience Analytics 272

PYMNTS

FEBRUARY 1, 2017

These are tough times to be tangible — as in brick-and-mortar, in retailing at least. The physical retailer is constrained by square footage, the hybrid retailer joining on an eCommerce platform less so, especially with the drop shipping. The upshot is that, through the drop-ship model, they do not need to hold more inventory.

Online 100

Online Retail social media Branding 100

PYMNTS

DECEMBER 18, 2019

Retail analysts expect this year’s Super Saturday to surpass all other days in 2019. The president at retail consultancy Customer Growth Partners, Craig Johnson, said he expects that day to see spending of around $34 billion this year. .

Retail 131

Retail Online Trends Management 131

PYMNTS

MAY 19, 2020

The results reversed a trend from last quarter, where the chain was one of many physical retailers facing a tepid holiday season that missed analyst expectations for sales, comparable-sales growth and earnings across the board. But things have reversed dramatically for the retailer amid the COVID-19 pandemic. percent to $134.6

Retail 221

Retail Los Angeles Survey Online 221

PYMNTS

FEBRUARY 3, 2020

Consumers are firing brick-and-mortar retailers from the jobs they held years and decades before. To get their shopping jobs done, consumers are now hiring retailers that make it convenient to do business – anywhere, anytime, through any channel and on their terms. When Buy Online, Pick Up In-Store Goes Horribly Wrong.

Retail 172

Retail Online Study Meeting 172

PYMNTS

DECEMBER 12, 2019

The obituary for brick-and-mortar retail has been written many times. Retailers need to seize the moment when shoppers return gifts. Preparing for returns is a best practice; leveraging returns intelligence to inform product development and new customer acquisition strategies is next-practice retail.”. Consumer Trends.

Retail 131

Retail Milwaukee New York City New York 131

PYMNTS

JULY 31, 2018

A recent survey of 20 of the nation’s top-60 banks found that there’s a lack of consensus among banks when it comes to managing and charging businesses for real-time payments. s Fa ster Payments Support Everyday Retail? Across the U.S., However, efforts are underway to make adoption and use less friction-filled. Can The U.K.’s

Retail 148

Retail Trends Payments Regional 148

PYMNTS

JUNE 10, 2020

Consumers are now getting everything online and that’s going to shape their behavior for good. online or offline, safely or not). That’s why Shift has seen better performance from most OEMs, new retailers and traditional brick-and-mortar retailers who don’t have this formula set up to respond to this scenario.”.

Online 130

Online Retail Examples Innovation 130

PYMNTS

SEPTEMBER 15, 2020

To that end, in China, retail data showed consumers snapped a seven-month streak decline. Retail sales posted their first gain amid the pandemic. All told, though, even with the positive reading last month, in China year to date, retail sales are down 8.6 percent of the total sales of retail goods.

Retail 171

Retail Lending United States Course 171

PYMNTS

OCTOBER 21, 2020

Customers are shopping online more often and are more frequently opting for contactless payment methods in stores, for example. One recent study found that 29 percent of customers would stop shopping with retailers that they felt offered inadequate public health or safety measures, for example.

Retail 174

Retail Payments Report Trends 174

PYMNTS

AUGUST 28, 2019

Retailers seeking to provide rapid deliveries face an ever-moving target as consumers’ definition of speed evolves. A significant share of Generation Z consumers — those aged 18 to 25 — are turning to buy online, pick up in store ( BOPIS ) purchasing models to meet their speed needs. Quick Access and Impulses.

Retail 108

Retail Online Study Alaska 108

PYMNTS

OCTOBER 22, 2020

This has all accelerated during the pandemic, and the economic uncertainty has created additional stress for retailers and consumers.”. And now, it seems, the startup is looking to widen its purview beyond retail transactions and move into offering banking services to its large, and highly loyal, consumer base.

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Trends Payments Retail Meeting 193

PYMNTS

DECEMBER 4, 2020

“While the decline in 30- and 60-day delinquency rates is a positive trend for the industry, particularly with some of the accommodation programs coming to an end, we do need to consider the impact these programs have had on consumers,” said Melinda Zabritski, Experian’s senior director of automotive financial solution.

Trends 183

Trends US Industry Online 183

PYMNTS

AUGUST 28, 2019

The answer may hold lessons for other retailers eager to do more in the Chinese market. According to the South China Morning Post , Costco opened first brick-and-mortar store in China this week, “five years after making its first online foray into China.” To get an online store running on Alibaba reportedly will cost U.S.

Retail 100

Retail Trends Apple Metro 100

PYMNTS

JULY 19, 2019

Iconic brick-and-mortar retailers are sometimes reinvented, and return to the world of retail with smaller-format concepts. Tru Kids has entered into a joint venture with the software-powered experiential retailer b8ta to offer a new store experience with curated toys in “highly immersive, smaller-format spaces.”.

Retail 150

Retail US New York United States 150

PYMNTS

MARCH 21, 2019

It might not have been inevitable, perhaps, but it was certainly expected: a regulatory backlash concerning the booming trade (both online and in brick-and-mortar stores) of eCigarettes , with their different flavors attractive to younger consumers — including underaged ones. Regulatory Trend. While the FDA decision shows that the U.S.,

Online 152

Online Retail Regulation Trends 152

PYMNTS

SEPTEMBER 1, 2020

When speaking with Tai Lopez , the executive chairman of one of the more disruptive retail companies in the pandemic period, it could be expected that the conversation would center around one topic: retailing. People have slowly become comfortable with the fact that everybody they know is buying online, so they figure they’ll try it.

Retail 142

Retail New York City New York Branding 142

PYMNTS

JUNE 10, 2020

Mastercard figures indicated that retail sales in the U.S., And online shopping comprised 22 percent of retail sales in April and May, which was two times that of the year before. Management at Kohl’s, Nordstrom and Macy’s said to investors that sales at reopened retail locations are slowly on the uptick.

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Retail United States Comparison Trends 130