PYMNTS

AUGUST 31, 2020

There’s a storm brewing in the Indian retail scene, with Amazon at its center. Over the weekend, Reliance Industries – the company owned by India’s richest man, Mukesh Ambani – purchased Future Group ’s 2,000 retail stores and the Big Bazaar grocery chain. Whole Foods has 497 stores. billion consumers. “At

Retail 263

Retail Online Groups Industry 263

PYMNTS

NOVEMBER 16, 2020

Rakuten , a Japanese tech company specializing in digital eCommerce solutions for retailers, is introducing a new subsidiary to bolster physical stores. Tentatively called Rakuten DX, the new unit will launch schemes for digital transformation at retailers’ physical shops, Rakuten said in a statement on Monday (Nov.

Retail 217

Retail Tools Online Meeting 217

PYMNTS

OCTOBER 1, 2020

online grocery retailer Ocado is involved in a patent lawsuit over robotically-operated warehouse technology with robotics company AutoStore , Reuters reported. It has a stock market valuation of over 20 billion pounds (about $25.7 s online delivery pool. Although Ocado only claims 1.7

Online 234

Online Florida Retail Course 234

PYMNTS

DECEMBER 24, 2020

When it’s said and done there was only one story that mattered in the retail universe this year and it was the rise of the digital-first economy. More consumers are going online to shop and pay as the pandemic progresses. The numbers speak for themselves. It was the catalyst for most every business dynamic in the category.

Retail 295

Retail Branding Minneapolis Trends 295

PYMNTS

JUNE 26, 2020

Iain McNicoll , VP of Americas/SMB for payments platform Payoneer , recently told PYMNTS that eCommerce’s market share has risen to 27 percent from just 16 percent when the pandemic began. McNicoll said the quick gains aren’t surprising, as physical retail stores essentially closed down worldwide for months. The Rebuilding Project.

Retail 318

Retail Online Capital ATM 318

Bank Innovation

SEPTEMBER 4, 2019

Square, which is best known for its physical and digital payment solutions, is building out its product ecosystem to manage nearly all of the operational needs of retailers.

Retail 253

Retail Operations Online Management 253

PYMNTS

NOVEMBER 9, 2020

As COVID-19 continues to modify ideas around how we shop and pay, consumers and B2B buyers are also making choices about where to shop: online or in-store? Now there are signals that a physical retail rebound is forming up. But expectations have changed dramatically, and shrewd physical store operators need to respond accordingly.

Retail 261

Retail Millennials Online Tools 261

PYMNTS

NOVEMBER 1, 2019

According to the Eastern Europe B2C E-Commerce and Online Payment Market 2019 report, online retail sales in Eastern European countries continue a trend of double-digit growth rates this year, a release said. Cards are the most common means of online payment in Turkey, Russia and a few other Eastern European countries.

Online 101

Online Retail Regional Trends 101

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. The degree to which consumers intend to continue shopping online seems to depend on the types of products and services they purchase.

Marketing 237

Marketing Survey Online New York 237

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 Online auto sales are the only game in town. A small percentage of car purchases were made online last year.

Marketing 195

Marketing Online Video Industry 195

PYMNTS

JUNE 4, 2020

Amazon may become the latest American tech giant to buy its way into India’s fast-growing telecom market as it eyes a deal that could upend the nation’s mobile market. billion in various investments since entering the Indian market seven years ago. The move comes on the heels of big investments by a pair of U.S.-based

Operations 132

Operations Mobile Google Conference 132

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

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

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.

Retail 192

Retail San Diego San Francisco Branding 192

PYMNTS

SEPTEMBER 12, 2019

Video games are helping to drive retail innovation and growth, and that includes the hot area of subscription commerce. Video game manufacturers operated a different model of sorts: Create great games to get consumers to buy the hardware, then keep cranking out great games that would keep consumers on board and upgrading those devices.

Video 248

Video Retail Innovation Trends 248

PYMNTS

MAY 31, 2020

The FNE said it was originally worried that Uber’s purchase of the app would stifle online delivery competition and launched an investigation, Reuters reported. FNE made the approval “without conditions,” according to a Reuters report. The agency ultimately decided the acquisition would not affect competition.

Online 163

Online Regulation Retail Regional 163

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

APRIL 19, 2017

PetSmart is boosting its digital offerings through the acquisition of Chewy, the leading online retailer of pet food and products. After the deal is closed, Chewy, which was founded in 2011, will continue to be led by CEO Ryan Cohen and operate primarily as an independent subsidiary of PetSmart.

Online 100

Online Retail Customer Experience Operations 100

PYMNTS

DECEMBER 4, 2020

The hot new thing in “Big Retail” is offering in-house advertising on your website to your vendors – because why get paid only once on a purchase if you can get paid twice? In short, retailers get paid to place the ad, and then get paid again when the merchandise is sold. The Digital Embrace.

Retail 216

Retail Trends Branding Groups 216

PYMNTS

JULY 20, 2018

The situation seemed to recently come to a head, as the company told employees that it was shuttering its operations. In addition, Chef’d announced in May that it had partnered with Byte Foods to bring its meal kits into 100 of Byte’s unattended retail locations in California. In Other Brick-And-Mortar Retail News….

Operations 100

Operations Retail Branding New York 100

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. He noted that millennials have “grown up with the online world on their smartphones.” Some Exceptions to Automation.

Retail 181

Retail Analytics Millennials Online 181

PYMNTS

FEBRUARY 6, 2020

Canadian global point-of-sale (POS) and eCommerce firm Lightspeed is teaming up with Silicon Valley payments platform Stripe to advance in-store and online payments for retailers and restaurants in the U.S. Restaurants and retailers will be able to process in-store payments and personalize readers with their own branding. .

Retail 184

Retail Payments Online Customer Experience 184

PYMNTS

MARCH 11, 2020

If it weren’t for a certain pandemic that is dominating most news, the two biggest stories in retail over the past week would have been stunning at any other time. And both of them are turning away from online sales. It’s also expanding its store base in existing as well as new markets.”. That’s right – no eCommerce.

Retail 131

Retail District of Columbia Guam Indiana 131

PYMNTS

FEBRUARY 14, 2019

From 7-Eleven to H&M , retailers are adopting digital payments and artificial intelligence (AI) technology to bring more convenient experiences to their customers. And retailers with brick-and-mortar locations in North America are starting to accept Chinese mobile payment systems.

Retail 129

Retail Online Payments United States 129

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

NOVEMBER 8, 2018

To bring its fashions to new markets, Zara plans to roll out a global online platform. With the launch, the retailer will expand its efforts to 106 new markets, Chain Store Age reported. The new markets include many areas of Africa, such as Cameroon, Tanzania and Senegal.

Online 129

Online Retail Branding Regional 129

PYMNTS

AUGUST 28, 2019

continues to grow its eCommerce and grocery operations – same-day grocery delivery is now available to most of the store’s members, the company recently said – as the merchant continues to bask in the glow of besting Amazon in an important customer satisfaction index. To get an online store running on Alibaba will reportedly cost U.S.

Marketing 101

Marketing Retail Trends Apple 101

PYMNTS

MAY 8, 2020

consumers more frugal, but other individuals are still turning to retail therapy to cope with stresses. Online gambling or gaming is one possible outlet, and the sector may even make it through the pandemic with less financial damage than other industries. Online Gambling Changes . Shopping on mobile devices has increased 7.7

Online 176

Online Industry New Jersey Pennsylvania 176

PYMNTS

MARCH 11, 2019

Retailers are becoming more interested in omnichannel offerings: The PYMNTS mPOS Tracker found that 67 percent of those surveyed listed it as a priority for this year. At the same time, new technologies are coming on the market to serve these merchants. And technology and payments firms are collaborating to bring offerings to market.

Retail 213

Retail Technology Atlanta San Francisco 213

PYMNTS

APRIL 25, 2017

Marketplace solutions work to enable online retail brands to expand their reach without needing to invest in manufacturing, warehousing and logistics. To move into a greater number of markets, international online home goods retailer vidaXL recently selected global marketplace solutions provider Mirakl to support its growth plans.

Online 100

Online Retail Branding US 100

PYMNTS

AUGUST 24, 2020

Corporates cannot expect to weather the economic and social changes taking place by virtue of their market clout and mastery of traditional supply chains and distribution channels. This environment requires enterprise-scale companies to forge new digital paths to market and form more direct relationships with consumers and end-users.

Retail 216

Retail Report Case Study Study 216

PYMNTS

MAY 21, 2020

Seattle-based Amazon is ramping up its operations in India’s growing market by launching Amazon Food, which will deliver prepared meals. Competitors include online food delivery platform Zomato and Swiggy , which raised $43 million from investors last month in a bid to expand into new businesses. The report concluded the U.S.

Marketing 142

Marketing Seattle United States Survey 142

PYMNTS

APRIL 16, 2020

As retailers look for a way out of an unprecedented cash flow crunch, many are slashing prices online and offering free shipping. The move is good for consumers, but for the retailers involved discounting is a double-edged sword. It’s the age-old argument for retail. retailers is down 64 percent over 2019.

Retail 146

Retail Strategy Branding Analysis 146

PYMNTS

MAY 21, 2020

To help merchants recover lost pandemic revenues, BounceX said it is making its SMS marketing offering available to new customers. The company, which will be called Wunderkind in the near future, opens a new channel for merchants seeking to bolster online shopping revenue to offset pandemic losses, according to an announcement.

Marketing 130

Marketing Online Retail Data 130

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. said Tuesday (Nov. 31 — offsetting a 20 percent fall in in-store sales due to the ongoing pandemic. billion in net sales.

Online 170

Online Branding Retail Management 170

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. About The Tracker.

Online 272

Online Report Customer Experience Analytics 272

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.

Retail 131

Retail Detroit Michigan Branding 131