PYMNTS

JUNE 24, 2019

Retailers are getting smarter about artificial intelligence (AI), and the latest example of that innovative effort comes from Walmart. According to a new report , the retail chain, hoping to reduce checkout theft, is turning to cameras powered by AI, with deployments underway in some 1,000 stores.

Retail 184

Retail Innovation Examples Online 184

PYMNTS

MAY 20, 2020

But mounting concerns about health and safety amid the pandemic have motivated a consistently rising share of shoppers to try ordering their groceries online for delivery. percent of consumers that PYMNTS surveyed had switched to grocery shopping online as of early March, 14.8 Whereas only 3.9 Whereas only 3.9 We found that 38.1

Online 184

Online Millennials Digital Strategies Retail 184

PYMNTS

NOVEMBER 19, 2020

The expansion will now cover retail brands including H&M , O.N.S. Klarna’s 2020 Holiday Retail Report found that most U.S. Forty-six percent prefer shopping online. Clothing , The North Face and Timberland , and customers will now be able to access the option to buy an item in four interest-free payments.

US 186

US Millennials Branding Retail 186

PYMNTS

JANUARY 20, 2020

New evidence of that — part of the broader trend of the existential changes in the world of brick-and-mortar retail, changes that are gaining more focus this month — comes from reports that stationery chain Papyrus is closing up shop. The chain had since expanded to some 260 or so retail locations. Millennials to the Rescue.

Retail 183

Retail Millennials Cards social media 183

PYMNTS

JUNE 2, 2020

The past several months have been largely defined in the retail world by merchants and brands making quick digital pivots to stay afloat in an environment that’s gone from “digital sometimes” to “digital mostly.”. When selling online became the only game in town, retailers across the board got very seriously digital overnight.

Retail 142

Retail Meeting Millennials Branding 142

PYMNTS

FEBRUARY 6, 2020

and has attracted more than 3,000 retailers to its partnerships. Sykes believes the attraction of online companies and uber-retailers it simple at one level. It’s also typically fairly fast moving, but for Klarna it gets us close to great brands. The changes in fashion retail are being driven by three dynamics.

Retail 142

Retail New York Branding Millennials 142

PYMNTS

MAY 19, 2018

There have been a number of great commercial jingles in the history of commercials — tunes so catchy that they stick, almost forever, and remind us of brand names simply by nature of being so catchy. Toys R Us ’ famous “Toys R Us Kids” jingle succeeded in doing that, and then some. Not a grain of salt — a whole container.

US 105

US Millennials Branding Retail 105

PYMNTS

DECEMBER 24, 2019

All that’s left now, more or less, is the rush of returns that will all but overwhelm some retailers. Christmas Eve is upon us, and the last gifts are making their way from basements, attics and bedroom closets to stockings and trees. Sneakers used to be functional, but now, they are part of who you are,” he added. Top Sellers.

Millennials 139

Millennials Branding Trends Retail 139

PYMNTS

APRIL 6, 2019

Because the millennial art buyers are arriving – and what they buy, how they buy it and how they relate to it is very different than prior generations. The Simpsons,” Dolls, Shoes – The Eclectic World of Millennials’ Collections. It wasn’t the only big sale for a KAWS piece that day – a millennial Chinese buyer dropped $2.6

Millennials 148

Millennials Marketing Trends New York 148

PYMNTS

FEBRUARY 20, 2020

But you might be forgiven for a big longing for the industry’s prodigal son: Toys R Us. Because Toys R Us is back. That unburdens Toys R Us from shipping, marketing and fulfillment costs. That unburdens Toys R Us from shipping, marketing and fulfillment costs. CFO columnist Russ Banham has an idea.

US 156

US Industry Branding Millennials 156

PYMNTS

APRIL 11, 2019

That’s not to put a romantic spin on an illegal and often dangerous activity, but how many of us have stories from high school about swiping some schnapps from Daddy’s basement bar, or fooling the liquor store clerk with a fake ID? Online food delivery is in the midst of what might one day be called a golden age. reached $1.7

Online 169

Online Retail Regulation Maine 169

PYMNTS

AUGUST 1, 2018

Zara is now enabling its stores to ship online purchases in an effort to boost sales of full-priced items. This will be one of the largest-scale attempts by a retailer to use shops to fulfill online orders. With the ship-from-store option, that store would then mail the product to the online shopper’s address.

Online 100

Online Millennials Retail Mobile 100

PYMNTS

JUNE 7, 2019

Forget millennials, that consumer segment that is blamed for the downfall of most everything while also being the target of many innovative efforts. Single consumers are a force of nature as well when it comes to retail. At least that’s the case when talking about toilet paper – specifically, the Charmin Forever Roll.

Retail 133

Retail Millennials Online Innovation 133

PYMNTS

JANUARY 16, 2020

Convenience is key in the retail sector, especially in eCommerce, where merchants with frustrating or complicated online shopping processes can easily lose customers. Avoiding such an exodus means retailers must be flexible when developing the tools consumers use to make purchases. How Millennials Are Driving BNPL Growth.

Millennials 130

Millennials Mobile Retail Branding 130

PYMNTS

JANUARY 14, 2019

It looks like we can finally have a serious conversation about the impending collapse of physical retail in the U.S. All it took was a 160-year old retailer and a $34 billion kick in the stomach to the retail sector to get everyone’s attention. retailer, Sears, which found itself standing at Chapter 7’s front door.

Retail 198

Retail Online Mobile Data 198

PYMNTS

DECEMBER 31, 2020

The pandemic has changed the rules, however, and merchants have rapidly adjusted to a retail climate in which customers retain significant health concerns. Keeping pace with consumers’ shopping habits has always been necessary for retailers, but adapting quickly has been even more critical during the pandemic.

Millennials 167

Millennials Retail Online Guidelines 167

PYMNTS

DECEMBER 15, 2019

Mintel surveyed 1,700 shoppers online last year and discovered a fifth of consumers agreed that “experience gifts” were better than tangible products. The Mintel survey indicated the lion’s share of respondents who identified themselves as millennials or Generation Z preferred experiences over gifts.

Survey 140

Survey US New York Millennials 140

PYMNTS

OCTOBER 6, 2020

With the busy holiday season upon us, we are proud to offer a truly multi-channel payment solution that has proven to bring new customers and increased sales to our retail partners,” Afterpay Global Chief Revenue Officer Melissa Davis said in the announcement. CEO Nick Molnar said in a past PYMNTS panel.

Millennials 200

Millennials Retail United States National 200

PYMNTS

AUGUST 17, 2017

It can be argued that some of the toughest buyers to keep in mind when planning out retail strategies are teenagers. While one day a teen may be into shopping strictly online, another day may see an offline preferred experience or a mixture of both, and retailers must be at the ready to transform engagement efforts at any given time.

Retail 127

Retail social media Online Mobile 127

PYMNTS

MAY 1, 2020

Like many retailers, Tradesy opened 2020 with great expectations and big plans. We had one of the best weeks ever in our business over the past week, something that’s left us pleasantly surprised, [but] cautiously optimistic,” DiNunzio told Webster. It’s been anything but predictable and something of a roller coaster ride, thus far. “We

Millennials 162

Millennials Branding Retail Marketing 162

PYMNTS

DECEMBER 15, 2019

Mintel surveyed 1,700 shoppers online last year and discovered a fifth of consumers agreed that “experience gifts” were better than tangible products. The Mintel survey indicated the lion’s share of respondents who identified themselves as millennials or Generation Z preferred experiences over gifts.

Survey 131

Survey US New York Millennials 131

PYMNTS

FEBRUARY 11, 2019

The youngest of the bridge millennials – those 30- to 40-year-olds who today represent the first generation of connected consumers with spending power – will be having their mid-life crises at the age of 50. After all, for many of us, 1999 seems like it was just yesterday. percent of all retail sales, including auto, in 2039.

Online 197

Online Retail Mobile Branding 197

PYMNTS

FEBRUARY 14, 2020

We have deep dives into unattended retail, rapid settlements and cybersecurity, as well as news on Mastercard receiving the go-ahead from China’s central bank to set up a bank clearing business. What Amazon At 10 Can Teach Us About Uber At 10. NEW DATA: Consumers Like Cashier-less Retail But Retailers Aren’t Hitting The Mark.

Retail 141

Retail Cards Millennials Fraud 141

PYMNTS

AUGUST 17, 2017

It can be argued that some of the toughest buyers to keep in mind when planning out retail strategies are teenagers. While one day a teen may be into shopping strictly online, another day may see an offline preferred experience or a mixture of both, and retailers must be at the ready to transform engagement efforts at any given time.

Retail 114

Retail social media Online Mobile 114

PYMNTS

MAY 30, 2016

If brick-and-mortar merchants can claim anything sacred from the total encroachment of online retail on its turf, it’s the highest echelon of uber-luxurious commerce. That is, if the current trend toward dollar shopping holds — both in-store and online. billion total. . ”

Online 100

Online Retail Branding National 100

PYMNTS

SEPTEMBER 11, 2019

As many as 72 percent of bridge millennials say mobile apps are important for accessing bank accounts. The age of personalized service is upon us. The other three licenses would allow companies to offer corporate banking services to smaller firms and to serve non-retail customers as well.

Digital Banking 160

Digital Banking Millennials Mobile Regulation 160

PYMNTS

SEPTEMBER 21, 2017

The brick-and-mortar experience of Toys“R”Us most millennials remember from childhood — with its massive supply and aisles upon aisles of toys — is looking likely to become a relic of a bygone era in retail. Toys“R”Us, though, would like to use it to “return to the chain’s more experiential roots,” according to Brandon.

US 115

US New York City New Jersey New York 115

Perficient

JANUARY 12, 2021

Consumers are looking for online buying processes that are easy and can provide opportunities to search, learn, and purchase products without and roadblocks, especially during COVID-19. Forrester noted that 53% of the US retail industry planned investment in AR in 2020 because they know it assists consumers in making purchase decisions.

Customer Experience 538

Customer Experience Branding Video Online 538

PYMNTS

AUGUST 8, 2019

The company will partner with top fashion and beauty brands and retailers for the event, which offers its two million U.S. Discounts will be offered across retailers such as NARS Cosmetics, Schutz, APL, Steve Madden and more. retailers, which represent more than 10 percent of the U.S. retail partners.

Branding 117

Branding US Retail Millennials 117

PYMNTS

FEBRUARY 23, 2018

The ubiquity of mobile and credit card payments is enabling us to begin an exploration of cashless stores in the U.S,” Starbucks CEO Kevin Johnson said during a recent earnings report. “By They’ve done a good job of connecting with the millennials and Gen Z.”. Taco Bell’s $9.8 Market Differentiation.

Online 101

Online US Payments Mobile 101

PYMNTS

NOVEMBER 27, 2019

The holiday shopping season is upon us, and the trends for the season are emerging. Retailers are certainly in the swing of things. To make things easier for shoppers, Walmart is also introducing an online gift finder and will launch a digital toy catalog on Nov. Consumer Preferences. That’s not all.

Trends 130

Trends Millennials Retail Study 130

PYMNTS

DECEMBER 24, 2020

Considered an online version of a dollar store, ContextLogic looked in many ways like the next Amazon. billion — not bad, but far below what other major online retailers are seeing. Lemonade focuses on selling renters’ and homeowners’ insurance via an app that’s geared toward millennial and Gen Z consumers. GoodRx ($12.7

US 230

US Company Report Payments 230

PYMNTS

MAY 21, 2020

That consumers have relocated their lives online in response to the pandemic is an easily visible fact when you look at earnings reports that successful retailers are releasing. We had some periods in the quarter when we saw as much as 300 percent growth rates with the [online-grocery] pickup business.”. Another 30.3 Another 17.3

Millennials 171

Millennials Survey Online Retail 171

PYMNTS

MARCH 23, 2018

The founder of Toys R Us passed away yesterday (March 22) at the ripe old age of 94, barely a week after news broke that the toy chain would be closing its doors for good. Millennials across America singing “I’m a Toys R Us kid” in as solemn a fashion as possible this week are a testament to that. Toys R Us Is Born.

US 122

US Industry Washington Millennials 122

PYMNTS

DECEMBER 26, 2019

But before we shut the door on 2019, it bears taking a moment to note how much the world of retail has changed in the last year, a fitting capstone on a decade that has seen retail as the American consumer commonly knew it taken to the ground and rebuilt nearly from the foundations. Lesson 1: Think Big . “We The goal for next year?

Retail 135

Retail Branding Course Charlotte 135

PYMNTS

DECEMBER 7, 2018

Big retailers are opening smaller-format stores in major U.S. Already, the retailer has opened a Planning Studio across the pond in London in October. In the announcement, IKEA Retail U.S. He noted that New York was a “natural choice” as it is “the most vibrant, dynamic city in the US.” In Other Brick-And-Mortar News.

Retail 122

Retail San Francisco Arizona Los Angeles 122

PYMNTS

JULY 14, 2020

Under the agreements, Afterpay customers can buy items using the Afterpay app at the point of sale terminal. Similar to Afterpay online, shoppers can pay for their in-store purchases in four installment payments. It is expected to be available in retail stores this month. CEO, in a statement.

Google 151

Google Apple Retail Millennials 151