Remove Online Remove Regional Remove Retail Remove Strategy
article thumbnail

Why Regional Supermarkets Need To Change Their Strategy

PYMNTS

Toilet paper and bleach may be flying off the shelves right now, but regional grocers are fighting to stay alive. Some ideas for those have been published in a study by Bain & Company, The Future of Retail: A Survival Guide for Regional Grocers. grocery shoppers, pinpointing the qualities of a winning model for regionals.

Regional 142
article thumbnail

Holiday Push Will Test Amazon Expansion Strategy

PYMNTS

The eCommerce giant was already planning an expansion strategy, which the COVID-19 pandemic accelerated heavily. 13 was looked at by analysts as a way to gauge how many people were buying online and how the pandemic had shifted their habits from years previous. Online shopping has seen a huge surge, with 37.6

Strategy 158
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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. There are many critical aspects to SMB retail media strategy but two stand out this year: when to advertise and where to advertise.

Retail 169
article thumbnail

How PSD2 Is Changing ING Bank’s API Strategy

PYMNTS

Banks are innovating their application programming interface (API) platforms to allow for more third parties, while online merchants are prepping for a potential loss in revenue due to the security frictions that SCA might bring. These extensions will only be granted to a select few retailers, however. About the Tracker.

Strategy 188
article thumbnail

How Will Retailers Deal With The Internet of Things’ Trillions of Data Points?

PYMNTS

But right now, most firms that enable commerce are struggling to enable it across the IoT, narrow channels, defined as either online or offline. Turns out that throwing a bunch of sensors at the retail experience is not nearly enough. You don’t have to go into the shop.

Retail 182
article thumbnail

Early Days: AI Shows Promise And Limitations For Retailers

PYMNTS

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.

Retail 203
article thumbnail

Are Online Merchants The Mall’s Unlikely Salvation?

PYMNTS

One might imagine that mall operators nationwide take a rather jaundiced view of the internet, since online shopping has more or less killed the mall. But perhaps that is the old conventional wisdom — the emerging idea is that online retailers are giving back some of what they’ve taken away these days. “We

Online 100