Crafting An (Online) B2B Market For Retailers

PYMNTS

The digital shift may transform retail storefronts in Europe. To that end, in Europe, Czech firm Nulisec has debuted an online B2B marketplace focused on European retailers — geared toward improving sales and procurement processes. Subsequent markets will include Poland and Slovakia.

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Retail SMBs Face Up To Q4 Marketing Opportunities

PYMNTS

For retailers, the fourth quarter of 2020 is likely to see a media blitz that will make other years pale in comparison. Unspent budget from big box retailers will be let loose as early as Oct. Retail media News SMBs social commerce

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Reading Retail’s Tea Leaves Via Retail’s Resale Market

PYMNTS

Given the massive and in many cases seismic shifts in the retail landscape because of the coronavirus pandemic, it shouldn’t come as much of a surprise that retail’s shadow side of B2B overstock sales and liquidation is also rapidly shifting. Although the business of liquidation and reselling is about to see a lot of such short jumps, what is even more interesting, he noted, is the new shape and direction of the market as a whole setting up in the background.

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What The Subscription Market’s 2020 Surge Tells Us About Retail’s 2021 Remake

PYMNTS

However, he pointed out that “some pruning” and “a complete reversal” are very different, given how much the market has expanded over the past year. But whenever the shift back to a more physically interactive world begins, it will also mark a new chapter in retail.

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The Empowered Consumer

When it comes to working with the empowered consumer, AI has the power to help your business thrive by leveraging your own data to better understand your customers. Read our ebook, The Empowered Consumer, to learn more about how AI can help you connect with your customers.

Retail 2021: The Five Things Retailers Should Be Talking About At NRF This Week

PYMNTS

Every year for the last 110 years , members of the retail trade group, known as the National Retail Federation (NRF), have assembled to discuss the slate of issues pertinent to its members. COVID-19, of course, didn’t cause physical retail’s steep decline — it just accelerated it.

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Retail 2020: Looking Back On D2C Brands

PYMNTS

The first were the Pepsis, Heinzes and Krafts that either didn’t like their retail distribution or saw a pandemic-driven opportunity to get new products in new configurations to the consumer. When those markets sparked a fan base and reorders, the company was born.

Shogun Brings Big Retail Tech To Digital-First Retailers

PYMNTS

Some retailers are just excellent about telling stories about themselves and about the products that they're selling,” Taylor told PYMNTS. It will be used to scale their platform and build out sales and marketing, executive and engineering teams. Don’t read too much into the name.

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No-Deal Brexit Could Cause Grey Market Retail ‘Explosion’

PYMNTS

In the case of a no-deal Brexit, an “explosion” in grey market goods could occur per a U.K. retail expert. The term “grey market” references legitimate items sold through legal but unauthorized sellers; by contrast, a “black market” describes counterfeit products or illegally traded scarce goods, CNBC reported. If items are sold through unauthorized but legal channels on the grey market, they could be sold at discounted rates.

Today In Retail News: Automotive Market Continues Comeback, Conversational Commerce Finds Its Voice

PYMNTS

In a roundup of today’s top retail stories: The automotive market continues its comeback with a digital spin, conversational commerce is the next big pandemic-fueled trend, and Tiffany said that its preliminary sales results for August and September 2020 are positive.

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Retail Rents Falling From Manhattan To Los Angeles

PYMNTS

retail rents falling in many locales by percentages even greater than those seen in or after the 2007-08 Great Recession. The board added that eight of 17 retail corridors are “experiencing their lowest price per square foot averages in at least a decade.”.

Mobile Payments 101: Retail

Mobile Payments Today

In this report, we will review some of the main themes and trends in the mobile payments market The world of mobile payments has changed significantly over the past decade – and particularly over the past few years as smartphones and other mobile devices have become ubiquitous.

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Personalization And Resale In The Retail Market

PYMNTS

The resale market is turning out to be one of the hottest trends of the young new year, and is gaining momentum as brick-and-mortar retailers roll out high-end resale platforms. Data: 61 percent: Share of consumers who want more personalization in marketing, messaging and promotions. 53 percent: Portion of consumers who want retailers to respect their anonymity in 2020. resale market.

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Today's Top Retail News: Paidy Launches 3-Pay In Japan; Thrive Market Is Now A B-Corp

PYMNTS

In the top retail news for today: Paidy has launched 3-Pay in Japan for customers to buy now and pay later, Thrive Market has been designated as a B-corporation, and Amazon is advancing its presence in Sweden with a new eCommerce site and a clean energy grid to support the tech giant’s data centers. Food for Good: Thrive Market Secures B-Corp Certification. Retail Amazon Commerce ecommerce News Paidy payments Thrive Market

Burger King, Steak-umm And Next-Level Social Media Marketing

PYMNTS

Customer service should be fit for a king," Burger King exclaimed in a video about the guerilla-marketing campaign. Social Commerce Burger King Innovation Main Feature marketing News Retail Saturday Feature social commerce Social Media

Save A Lot Sells 51 Retail Locations To Fresh Encounter

PYMNTS

Discount supermarket retailer Save A Lot unveiled the sale of 51 retail locations run by the company in the Tampa, Florida market to existing Save A Lot Retail Partner licensee Fresh Encounter. Retail Fresh Encounter grocery News Save A Lot What's Hot

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Bridg Closes Marketing Loop For Restaurants, Retail

PYMNTS

While online commerce has allowed eRetailers to source consumer data and to deliver targeted, personalized advertisements, physical retail has often lacked these capabilities. Los Angeles-based tech company Bridg is closing the loop for brick-and-mortar restaurants, and soon for retailers, by providing them with key consumer insights. ECommerce marketers know everything about their customers,” said Mike Bell, COO of Bridg.

Digital-First Economy Redefines Retail And Consumer Behavior

PYMNTS

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. These are companies like Adore Me (lingerie), Green Goo (personal care), Shift (used cars) and Misfits Market (produce). percent for retail.

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China To Displace US As Leading Retail Market

PYMNTS

this year as the leading retail market around the world. According to eMarketer’s worldwide retail and eCommerce forecast, in 2019 China’s total retail sales are forecast to increase 7.5 That compares to retail sales in the U.S. That means China’s retail sales are expected to surpass the U.S. eMarketer predicts China’s retail growth rate will surpass the U.S. percent of retail. Retail china ecommerce international News online sales sales U.S

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Goldiam International Debuts B2B Website For US Retail Jewelry

PYMNTS

After the acquisition, Goldiam was able to successfully beta-test and complete a soft launch for the site, which plans to cater to a new market segment for the U.S. retail jewelry industry. B2B Payments B2B ecommerce Goldiam News Retail What's Hot In B2B

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The Digitally Reshaping Market 

PYMNTS

Data: $100B : Estimated value of the mobile gaming market by the end of 2020. $3M Today In Data Commerce digital commerce News payments Retail Today in DataIn a world gone digital, consumers have changed, forcing those who serve them to modify nearly every interaction.

Today In Payments: Ant Financial Rolls Out Alipay Strategy; Retail Stocks Remain Market Bright Spot

PYMNTS

In today’s top payment news, retail remains a bright spot in the markets, Ant Financial has rolled out a strategy for digital evolution in China, and the Consumer Financial Protection Bureau (CFPB) filed a suit against a Cincinnati-based bank. Payments Stocks Plummet While Retail Remains A Bright Spot. The stock market rout on Monday (March 9) left pretty much no one unaffected. Can FinTechs Get Through A Turbulent Market?

5 Keys to Effective Financial Content Marketing

Bank Innovation

Many financial institutions—especially small, community-focused ones—have limited marketing budgets. Today we’re discussing five keys to effective financial content marketing that can help your institution get plenty of bang for its buck. Newswire Online Retail Sales & Marketing Social Media Sponsored brand marketing Gen Z millennial customersAs a result, every investment has to count, and every piece of content has to make an impact.

Square is growing its platform into a one-stop shop for retailers

Bank Innovation

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. The goal is allow retailers to be able to easily coordinate online and offline transactions, including orders, customer relationships, inventory and more, from within the Square family […].

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Toshiba Rolls Out Unified Commerce Platform For Retailers

PYMNTS

Toshiba Global Commerce Solutions unveiled its ELERA unified commerce platform that will let merchants operate without the bounds of traditional retail IT infrastructures, according to a Wednesday (Jan. Retail ELERA News Technology Toshiba What's Hot

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Upscale UK Retailers Look To Land In US Market

PYMNTS

s most high-profile retailers is doing well in the U.S. and another one is ready to open, both of them seeking a new market as their home turf sees retail struggles. s fastest growing brick-and-mortar retailer, Wren Kitchens. We’re excited to bring our vertically integrated model to the United States, the largest home improvement market in the world,” a Wren Kitchens spokesperson said. “It’s percent in 2019, according to the British Retail Consortium (BRC).

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Luxury Market Retailer Farfetch Gets $397M Infusion

PYMNTS

Luxury market high-end fashion finds are typically reserved for the ultra elite. One company that’s helping to move the luxury market forward is online retailer Farfetch. The hope with this strategic partnership is that these funds will help push Farfetch further into the mainstream China market. ” Retail Farfetch. JD.com Luxury boutiques luxury market News Richard Liu

Amex moves closer to entering China’s $27 trillion market

Bank Innovation

cleared a key hurdle in its bid to accessing China’s $27 trillion payments market after the central bank accepted its application to start a bank card clearing business. Bloomberg Carousel Payments Product Design Retail Banking Sales & Marketing Amex China paymentsAmerican Express Co. The People’s Bank of China made the announcement on its official Wechat account Wednesday, without giving more details. The decision to accept the application […].

Rite Aid Rebrands, Reconfigures Retail Experience

PYMNTS

market share with CVS and Walgreens, unveiled its rebranding Monday (Nov. A recent partnership with Instacart made delivery of non-prescription items available across the chain’s entire retail footprint. Retail brick and mortar News Rite Aid What's Hot

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Crypto Market Tops $1 Trillion As Bitcoin Smashes Records

PYMNTS

Bitcoin hit more than $37,700, a new record high that helped drive the cryptocurrency market beyond $1 trillion, CNBC reported on Thursday (Jan. Since the start of 2021, the cryptocurrency market is up 29 percent, and in the past 12 months, it is more than 380 percent higher.

Deposit Marketing In the Age of Machine Learning

Banker to Banker

In the olden days, if you wanted to market deposits, the head of Retail would come to Marketing and say something like - “We need to raise deposits,” or “We have a new account opening platform that we need to market.”

Benetton Group Teams With Retail Intelligence Firm EDITED

PYMNTS

Benetton Group , an Italian fashion company, is teaming once more with retail market intelligence firm EDITED as an "essential platform" for its future three-year roadmap, according to a Wednesday (Dec.

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Why Affirm Would Delay Its IPO Amid A Hot Market

PYMNTS

The Wall Street Journal cited unnamed sources over the weekend as saying that Affirm decided to push its IPO off until at least January, apparently to let markets calm down and avoid the massive first-day “pops” Airbnb and DoorDash recently saw.

Thailand strives to catch up to Asian markets on digital banking

Bank Innovation

Thailand is laying the foundations for standalone digital banks as it strives to catch up with other Asian markets that are allowing such changes, according to its central bank governor. “At Bloomberg Carousel Compliance & Regulation Payments Retail Banking Sales & Marketing challenger bank Thailand

Retail Rents Plummet In NYC As Vacancies Rise

PYMNTS

Retail rents have plummeted to historic lows in New York City amid the COVID-19 pandemic, as bankruptcies and vacancies penetrated the area, CNBC reported on Friday (Jan. And 11 areas saw an increase in available retail space on the market, from 6 percent up to 67 percent.