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. And the “biggest attraction” of luckin popMINI is what the firm refers to as “eCcommerce Prices in Vending Machines.”

Retail 131

Retail Detroit Michigan Branding 131

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

FEBRUARY 10, 2020

Start creating more customer data to feed the algorithm and then you too can join the artificial intelligence (AI) retail revolution. Retailers can engage with an “AI lite” strategy that produces lookalike customer data and a level of predictive analytics. But the present and future of AI in retail is much richer. Not so fast.

Retail 203

Retail Boston Data Trends 203

PYMNTS

MARCH 27, 2020

The divide between essential and non-essential retail grows bigger by the day as deep discounters and dollar stores continue to add stores, employees and revenue during the COVID-19 crisis. Dollar General , Dollar Tree , Big Lots, Ross Stores and other deep discounters are in the class Boss refers to. Nordstrom Inc.,

Retail 130

Retail Capital Groups Community 130

PYMNTS

SEPTEMBER 30, 2020

And as digitization continues to pick up the pace, the problem could quickly get a lot worse before it gets better, as increasing numbers of consumers try to decipher card statements and confusing references to digital purchases.

Cards 220

Cards Online Fraud US 220

PYMNTS

AUGUST 31, 2017

Retailers trying to bridge the growing gap between the shopping trends of Baby Boomers, Generation Z and every demographic in between may think they have the different generations figured out, but in some cases, operating on assumptions can lead to missed sales. Almost 41 percent of millennials shop online at least once a week, and 62.2

Retail 147

Retail Millennials Study Trends 147

PYMNTS

SEPTEMBER 6, 2017

But what hasn’t been so deeply explored is how that technology can help food producers and retail firms collaborate more deeply, helping both succeed and strengthening the industries that power them. The term “blockchain” refers to a database that continually grows based on records and data that is added to it, Business Insider reports.

blockchain 197

blockchain Retail Technology Industry 197

PYMNTS

APRIL 24, 2019

Brazilian retailer Magazine Luiza has announced that it will be selling books online, which could be picked up in one of its almost 1,000 stores. The company is aiming to compete directly with Amazon , which launched its online Brazilian operations in 2012. Magazine Luiza shares were up 1.9 percent at R$170.31 ($43.45

Retail 108

Retail Taxes Online System 108

Matt Wilcox Pro

DECEMBER 7, 2020

For decades the former referred to the biggest retail shopping day of the year, while the latter referred to the fairly recent phenomenon of online shopping. These days the terms are all but interchangeable, referring overall to the biggest retail and online shopping month. And it’s […].

Retail 88

Retail Online Payments 88

PYMNTS

AUGUST 20, 2020

The money will go toward both Drizly and Lantern , an independent company focused on cannabis delivery from online sources. The two groups are trying to be “the preeminent platform provider for online sales of regulated consumer products,” the release says. Like other types of retail, buying alcohol has shifted online.

New York 190

New York Retail Online Branding 190

PYMNTS

OCTOBER 11, 2019

Brick-and-mortar retailers are creating next-generation stores that incorporate interactive features into their designs with the help of technology. These analytics will be leveraged to improve the customer experience across all channels,” according to the retailer. The move could help the retailer bring in a younger demographic.

Retail 101

Retail New Jersey Groups Innovation 101

PYMNTS

MAY 22, 2020

An initial explosion of online orders left Amazon overwhelmed, forcing the company to temporarily reprioritize its operation toward mostly delivering key household items. The pandemic has been a boost to online gaming, as consumers are both buying more games and subscribing to services more often to play together.

Retail 158

Retail Online Video Branding 158

PYMNTS

SEPTEMBER 22, 2020

By combining in-store and online shopping experiences together with DSW, we are able to meet the unique needs of every shopper and make the shopping experience — whether in-store, online or both, seamless,” Hy-Vee Chairman, President and CEO Randy Edeker said in the announcement. Hy-Vee, Inc. 25, Lakeville on Sept. 25, Savage on Oct.

Minneapolis 190

Minneapolis Retail California Regional 190

PYMNTS

FEBRUARY 15, 2017

Signifyd Vice President of Partnerships Skye Spear predicted that within three years merchants won’t be on the hook for credit card fraud online thanks to companies like Signifyd that use real-time machine learning to prevent fraudulent transactions from going through. Signifyd charges about 1 percent of the order for its protection.

Fraud 101

Fraud Online Cards Retail 101

PYMNTS

MARCH 16, 2017

This is especially true for retailers, as companies from around the omnichannel space look to appeal to customers by adding the tech to their stores and mobile apps. Similarly, in an effort to help customers better preview their purchases, online beauty platform Perfect Corp. About the Tracker.

Retail 104

Retail Charlotte Tools Analysis 104

Banking Exchange

NOVEMBER 18, 2019

Banks are in need of young leaders that naturally keep up with current technology Customers Community Banking Feature3 Fintech Feature Technology Retail Banking Human Resources Management Financial Trends Tech Management Mobile Online.

Community Bank 60

Community Bank Community Fintech Resources 60

PYMNTS

APRIL 22, 2016

It’s difficult to determine how one could manipulate one’s fingers to represent a retail store while cantillating that paraphrased nursery rhyme (not a lot of them have steeples, to begin with), but it would be a fitting depiction of the current situation that has befallen major retail chains recently.

Retail 100

Retail Online Seattle Customer Experience 100

PYMNTS

AUGUST 20, 2018

In 1946, the year the verdict was reached, A&P was the country’s largest retailer and, obviously, its largest grocery chain. Its sales were twice that of any other retailer. one-eighth of all coffee and more butter and cigarettes than any other retailer. A&P’s profits were also lower than other retailers at that time: 1.3

Regulation 105

Regulation Online Innovation Google 105

PYMNTS

NOVEMBER 12, 2020

12) filed a lawsuit in federal court in Washington state against 13 individuals and businesses “for advertising, promoting and facilitating the sale of counterfeit luxury goods in Amazon’s store,” the online retail and tech giant announced in a press release. Amazon on Thursday (Nov.

social media 132

social media Washington Video Retail 132

PYMNTS

JANUARY 22, 2018

Walmart wants to make online food shopping easier by creating clearer images of the products consumers are looking to buy. Today, stock images are a typical sight in the eCommerce arena, which the experts agree is likely dampening the sales of online grocery orders.

Online 125

Online System Course Report 125

PYMNTS

AUGUST 17, 2018

More customers hit the stores and ordered from online. Even more telling is the breadth of the customers the retailer is serving. Grocery growth, particularly in fresh foods, and online sales prove that Walmart is now for every shopper across each demographic group. Walmart made its investors very happy yesterday (Aug.

Online 100

Online Retail Branding Report 100

PYMNTS

SEPTEMBER 14, 2018

But the excitement — high drama — warm-up commerce run is now over, and the main event is underway as Florence — and Florence is forecast to be the worst storm of its kind to hit North Carolina in nearly 64 years — is expected to have major effects on retail sales, employment and real estate in the state for a long time after the winds stop blowing.

Retail 135

Retail North Carolina Puerto Rico Houston 135

PYMNTS

MARCH 24, 2017

Whether in online marketplaces or in the brick-and-mortar space, the best merchants want to make shopping an easier experience for their customers. The same goals apply to brick-and-mortar retailers that are determined to get shoppers to become loyal customers. For retailers, that’s a big problem.”.

Online 113

Online Retail Technology Company 113

PYMNTS

AUGUST 23, 2019

As the results from the nation’s most prominent names in retail came rolling in for Q2, one could not help but think back to high school and recall what is probably the best-known start to a novel in the English language: It was the best of times, it was the worst of times. The Winner’s Circle — And How They Got There .

Retail 116

Retail Branding Report Management 116

PYMNTS

DECEMBER 26, 2019

Lotte, a South Korean conglomerate, is shutting down its Vietnamese online marketplace, lotte.vn, which allows merchants to connect with buyers, according to Deal Street Asia. The move is indicative of the trend toward “new retail,” which is the blending of eCommerce and traditional retail.

Retail 130

Retail Groups Maine Google 130

Perficient

JULY 9, 2020

Shipping address is a very important data point in online shopping, which is why improving the shopping cart experience with an address autocomplete feature is becoming more common on ecommerce websites. We will write this Geolocate() JavaScript function in the next step (refer to step b). This textbox will display in edit mode.

Google 510

Google User Experience CA United States 510

PYMNTS

OCTOBER 23, 2019

The trend promises to heat up even more in the 2020s, and in a new PYMNTS interview, Butch Langlois, president, North America, for cloud-based retail management software seller Vend , provided an in-depth tour of those changes and a glimpse of what’s to come. The average American ate out 185 times in 2018 — dropping from 216 times in 2000.

Retail 101

Retail System Mobile Innovation 101

PYMNTS

FEBRUARY 8, 2018

Brick-and-mortar retail oftentimes gets a bad rap in 2018. Last year saw store closures spike 200 percent to 7,000 — the worst retail bloodletting since the dark days of the 2008 recession. The widely shared consensus is that this could all get quite a bit worse for physical retail before it gets better.

Chicago 102

Chicago Retail Boston New York 102

PYMNTS

JUNE 15, 2020

It’s the digital shift taking place among retailers who are trying to play catch up with consumers by pulling resources away from brick-and-mortar investments and stacking them against digital infrastructure and capabilities. Expect other global retailers to do the same as they see the permanent nature of the consumer shift.

Retail 154

Retail Branding Online Mobile 154

PYMNTS

JUNE 25, 2018

Another had an offer with a promo code to get $10 off my first online order, which would be delivered free to my front door in two hours or less once I linked my Prime account to Whole Foods. At the same time, sales of Whole Foods’ private label 365 brand are growing online. Along with the promise of much more.

Retail 156

Retail Branding Millennials Online 156

PYMNTS

AUGUST 30, 2018

Amazon has had and still has its impact, of course, having bought Whole Foods and helping to send companies such as Kroger and Walmart into the meal kit market and to their own online delivery models, scrambling to get clicks and online sales. Shipt is joining Peapod and Instacart. Refreshing the Delivery Model – Literally.

Online 123

Online Los Angeles Apple Operations 123

PYMNTS

MARCH 4, 2016

References, huh? How many retail moguls made Forbes ’ The World’s Billionaires List this year? Of the 1,810 billionaires named to the list, 345 of them earned their fortunes (or at least part of them) in retail. Along with fast fashion, luxury retail executives also claimed their fair share of spots on the list.

Retail 100

Retail Branding Millennials Examples 100

PYMNTS

APRIL 30, 2020

Shopping, like everything else in the business world, is falling into pre- and post- coronavirus pandemic reference points. Many retail technologies have benefitted from that schism, among them augmented reality (AR). Now, companies that have been selling furniture online, such as Wayfair and Overstock, are doing well.

Retail 251

Retail Examples Utah Online 251

PYMNTS

AUGUST 3, 2017

This week, bitcoin officially made the split, which is being referred to by many in the cryptocurrency arena as a “hard fork” and Bitcoin Cash began trading in the stock market. In fact, very few are discussing the future of Bitcoin Cash in the retail industry.

Bitcoin 101

Bitcoin Retail cryptocurrency Regulation 101

PYMNTS

DECEMBER 27, 2018

Following a year characterized by the disruption of the retail landscape, the growth of digital payments, and significant mergers and acquisitions, 2018 began with many observers expecting to see the downfall of brick-and-mortar in favor of eCommerce, further technological enhancements to digital payments and additional market consolidation.

Data 173

Data Retail eBook Online 173

PYMNTS

JANUARY 8, 2019

After 126 years in business as an iconic American retailer, Sears Holdings has reportedly turned down a bid by Chairman Eddie Lampert to help it stay open. The hedge fund will reportedly refer to the advisory fees incurred by Sears over its bankruptcy, which are said to make up a portion of the retailer’s administrative expenses.

Retail 177

Retail Report Online Payments 177

PYMNTS

SEPTEMBER 8, 2020

But nowadays, “every decision that we make — ‘Should I go to the grocery store or should I order my groceries online and then pick them up from the curb? Should I leverage the online capabilities?’ — taxes that budget,” Gauthier said. As long as retailers focus on creating such safe spaces, he said, “the future is bright.”.

Innovation 223

Innovation Retail Millennials Tools 223