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 pandemic forced it on to a digital platform in early Q2.
PYMNTS
SEPTEMBER 11, 2019
Virtual reality could have more retailers reach more consumers in the coming few years — in large part by upping the consumer experience. Location-based virtual reality (VR) startup The Void is partnering with mall operator Unibail-Rodamco-Westfield (URW) to open 25 new entertainment outposts in the U.S. and Europe by 2022.
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PYMNTS
JULY 15, 2020
The product and marketing plan were locked early in the year. The original business model for Onda was to launch at retail. The plan was to use the summer for sampling in some of the summer hotspots like Montauk, New York and the beaches near Los Angeles, where some of the team members are now located post-graduation. “We
PYMNTS
FEBRUARY 16, 2018
As a result, our eCommerce business is now approximately $1 billion in annualized retail sales, and we are well-positioned to capitalize on what is sure to be a dynamic future in this space,” Nooyi told investors. And the numbers in this regard don’t lie: Physical retail is growing at a rate of about 3.6
PYMNTS
FEBRUARY 28, 2017
It’s already been a big year for biometrics, and with everyone from big banks to major retailers investing in the technology, that trend is unlikely to subside any time soon. . HYPR, for example, debuted what it is calling a biometric shopping platform at the National Retail Federation’s BIG Show in New York City in January.
PYMNTS
DECEMBER 1, 2017
Earlier this year, consumers were able to use the service to shop the Melrose Trading Post , a Los Angeles flea market, from any location. PayPal will launch the holiday version of Local Selects in New York. PayPal has been announcing all sorts of initiatives in recent weeks, not only focused on shopping.
PYMNTS
SEPTEMBER 17, 2020
Barring a major miss on Sony’s part, PlayStation should outperform the Xbox because the Sony console has a better catalog of exclusive games — which has historically provided the advantage, according to The New York Times. The two companies are also pursuing different marketing strategies.
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