PYMNTS

JANUARY 15, 2021

The holiday shopping season is the most wonderful time of the year for the retail industry. Brick-and-mortar merchants and online retailers alike often rely on end-of-year sales to generate up to 40 percent of their annual revenues and start the new year on a positive note. A notable $730 billion in U.S. Keeping Companies Safe.

Retail 159

Retail Online Fraud Cards 159

PYMNTS

JANUARY 20, 2021

In today’s top retail news, Birkenstock is said to be in discussions for a sale to CVC Capital Partners, while Cognira has released its AI Promotion Solution. Cognira Rolls Out AI Promotion Suite For Retailers. Cognira, the retail artificial intelligence technology firm, has launched its AI Promotion Solution.

Retail 239

Retail Google Capital Branding 239

PYMNTS

JANUARY 12, 2021

Salesforce is rolling out a new product to let B2C and B2B companies easily add loyalty programs at a time when the company says online holiday retail sales grew 50 percent to top $1 trillion. The new system will enable businesses to easily build loyalty programs on the Salesforce Customer 360 Platform. On Tuesday (Jan.

Online 279

Online Management Retail Study 279

PYMNTS

JUNE 23, 2020

The COVID-19 pandemic has been a “great accelerator” in driving Kohl’s to embrace eCommerce and make other changes in its operations faster than planned, the retail giant’s Chief Executive Michelle Gass said on Monday (June 22).

Retail 179

Retail Online Report US 179

PYMNTS

JANUARY 20, 2021

Google Cloud is rolling out Product Discovery Solutions for Retail, a new suite of services that will use artificial intelligence (AI) and machine learning (ML) to help eCommerce firms deliver personalized consumer experiences during a shopping journey’s initial phase. "As Vision API Product Search.

Google 208

Google Retail social media Meeting 208

PYMNTS

OCTOBER 6, 2020

Paytronix Systems and Oracle are rolling out a new initiative that will enable restaurants and retailers that use Oracle’s cloud-based point of sales system to offer online ordering and contactless delivery. Newton, Massachusetts-based Paytronix on Tuesday (Oct. Newton, Massachusetts-based Paytronix on Tuesday (Oct.

Online 185

Online Massachusetts System Branding 185

PYMNTS

APRIL 28, 2020

Reinventing retail in the wake of COVID-19 may mean reinventing retail formats. It’s also likely that retailers will see more men in-store than women, and they should consider adjusting inventory to target these shoppers.”. Inventory adjustments will only be part of the post-COVID retail order.

Retail 272

Retail Survey Maine Meeting 272

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. AutoStore said Ocado has been a customer since 2012 and alleged that Ocado's automatic storage system is based on the ones AutoStore is already using, according to Reuters.

Online 234

Online Florida Retail Course 234

PYMNTS

JANUARY 21, 2021

Jennifer Lopez recently made a deal to utilize Flowcode ’s system to market her new skincare line, starting with quick-response (QR) codes embedded in an advertisement spread. In brick-and-mortar, retailers are overestimating demand for buy online, pick up in-store (BOPIS) , but they are underestimating demand for delivery.

Retail 155

Retail Google Data Tools 155

BankInovation

OCTOBER 17, 2023

Barclays online and mobile banking systems were down for two hours today, with the London-based bank’s clients were unable to access their accounts, the bank said on X, formerly known as Twitter. During the outage, $1.9

Online 139

Online Mobile social media System 139

PYMNTS

DECEMBER 9, 2020

The app-based tool gives salon customers the ability to book their appointments online and also issues reminders. Square just teamed up with DoorDash to give online merchants the ability to fulfill orders with on-demand deliveries.

Tools 283

Tools Online Wyoming Software 283

PYMNTS

JANUARY 14, 2021

In today’s top retail news, Ethan Allen Interiors anticipates reporting retail segment written orders growth of 44.9 Plus, a new Toshiba Global Commerce Solutions offering provides retailers with “Amazon Go at scale.”. Plus, a new Toshiba Global Commerce Solutions offering provides retailers with “Amazon Go at scale.”.

Retail 142

Retail New Jersey Minnesota United States 142

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

SEPTEMBER 30, 2020

the world’s largest healthcare company by revenue, has purchased DivvyDose, the Illinois-based online pharmacy startup, for about $300 million, sources told CNBC. CNBC reported giant retailers and health plans are acquiring online pharmacy startups as a way to make it easier for patients to access medicines.

Online 198

Online Report Illinois Seattle 198

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. . “The

Retail 184

Retail Payments Online Customer Experience 184

PYMNTS

JUNE 9, 2020

Physical brick-and-mortar retail was suffering long before the pandemic. Consider the findings of a PYMNTS consumer survey , where 42 percent of consumers are engaging in even the most routine activities online, and as much as $158 billion in brick-and-mortar sales are moving to digital channels.

Retail 230

Retail Mobile Meeting Online 230

PYMNTS

FEBRUARY 3, 2020

Consumers are firing brick-and-mortar retailers from the jobs they held years and decades before. To get their shopping jobs done, consumers are now hiring retailers that make it convenient to do business – anywhere, anytime, through any channel and on their terms. When Buy Online, Pick Up In-Store Goes Horribly Wrong.

Retail 172

Retail Online Study Meeting 172

PYMNTS

MARCH 5, 2019

The Mexican central bank and Amazon are in talks to introduce a government-approved mobile payment system, according to reports. The system would involve users paying for online purchases using QR codes, and it would be the first time Amazon offered the technology in the country. The beta is scheduled to be released this month.

System 173

System Mobile Report Payments 173

PYMNTS

FEBRUARY 1, 2017

These are tough times to be tangible — as in brick-and-mortar, in retailing at least. The physical retailer is constrained by square footage, the hybrid retailer joining on an eCommerce platform less so, especially with the drop shipping. The upshot is that, through the drop-ship model, they do not need to hold more inventory.

Online 100

Online Retail social media Branding 100

PYMNTS

APRIL 21, 2020

The retail bankruptcy watch intensified Tuesday (April 21) as the department store sector was hit by reports of yet another major player looking at that option. Lord & Taylor, now joining Neiman Marcus, is considering a bankruptcy filing as the COVID-19 lockdown continues to decimate non-essential retail. billion in sales.

Retail 220

Retail Dallas Washington National 220

PYMNTS

SEPTEMBER 5, 2016

After some years of fighting any and all attempts on taxation, digital merchants seem to have made their peace with paying taxes and are starting to fall into line around the Online Sales Simplification Act of 2016. The letter of support requests Congress to “bring certainty and rationality” to the online tax situation.

Taxes 100

Taxes Online Retail Branding 100

PYMNTS

JUNE 8, 2020

Retail dispute management system Chargeback announced Monday (June 8) that it has closed a $6.6 Chargeback said the money will accelerate its growth and ability to help online and offline retailers decrease credit card disputes, achieve higher win rates and retain more revenue. million Series A1 funding round.

Retail 142

Retail Management Customer Experience Capital 142

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

Independent Banker

OCTOBER 31, 2022

ITMs and VTMs are popular retail banking innovations among community banks. What’s on the horizon for retail banking? According to a new report from PwC titled “Retail Banking 2025 and Beyond” (see sidebar), the retail banking industry is undergoing tremendous change—but, of course, community bankers already know that.

Banking Trends 151

Banking Trends Retail Trends Community Bank 151

Perficient

OCTOBER 20, 2020

The COVID-19 pandemic has already impacted several facets of digital commerce, and many businesses will have to make certain adjustments as holiday spend continues to move online. Move Retail Stores Online. Most consumers are staying at home, meaning fewer are heading into stores and more are shopping online.

Online 484

Online Mobile Management Retail 484

PYMNTS

OCTOBER 15, 2020

Merchants used to have a tiny conversion rate when offering customers extended warranties by paper, and that only got a little better when they switched to POS systems. Even online merchants who offer customers extended warranties at the time of sale traditionally see about a 4 percent or 5 percent conversion rate.

Online 334

Online Exercises Retail Capital 334

PYMNTS

APRIL 10, 2020

This is the first time that Goodyear has offered an online discount offering via its commercial eCommerce platform at GoodyearTruckTires.com , per an announcement. Carriers can now get the tires they need at competitive prices with a seamless purchase experience through Convoy’s connection to Goodyear’s eCommerce system.”

Online 245

Online United States Branding Management 245

PYMNTS

MAY 5, 2020

In retail, Macy’s and Simon Property Group are heading up the list of reopenings. And in health, COVID-19 is showing the vulnerability of some parts of the healthcare system. 39.2%: Share of consumers who shop for retail goods online more often than they did on March 6. All this, Today in Data. healthcare market.

System 130

System Texas Retail Data 130

PYMNTS

APRIL 11, 2019

As online food delivery services proliferate amid the battle for customer loyalty, and as grocery and related stores strive to gain more digital footholds, the online sale of alcohol is growing and becoming a bigger part of all those plans. Online food delivery is in the midst of what might one day be called a golden age.

Online 169

Online Retail Regulation Maine 169

PYMNTS

OCTOBER 9, 2019

More than 20 online eCigarette retailers are being sued by New York City for allegedly selling to children. 9) stop 22 online sellers from being allowed to either market or offer eCigarettes to anyone younger than 21. . New York City requested that a Brooklyn federal judge on Wednesday (Oct.

New York City 108

New York City Online New York Retail 108

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

JANUARY 19, 2021

Corporate buyers are quickly shifting their purchasing habits online, and seeking more efficient experiences from product sourcing through to checkout. A great example would be buy online, pick up in-store," noted Bachalli. Along with the adoption of B2B eCommerce came the proliferation of different kinds of buying models. "A

Online 275

Online Marketing Payments Operations 275

Perficient

FEBRUARY 9, 2021

Omnichannel fulfillment methods such as curbside, buy-online, pick-up in-store (BOPIS), and ship-from-store have become extremely familiar to retailers, especially due to the climate of the COVID-19 pandemic. By doing so, retailers can successfully tell if their specific strategy is proving to be effective.

Retail 506

Retail Customer Experience Strategy Maine 506

PYMNTS

JULY 25, 2017

Within the retail industry specifically, artificial intelligence (AI) is moving the ball for a lot of merchants looking to not only streamline their business operations but provide a more personalized experience for consumers. In 2016, online financial fraud hit 15.4 In a sense, machine learning is the autopilot for the digital arena.

Fraud 196

Fraud Online Retail Maine 196

PYMNTS

JULY 11, 2019

Innovation takes many flavors and paths, and that’s especially true when it comes to merchants who sell retail products and companies that sell retail services. Service merchants are very much focused on their profession and giving great customer service — that’s difficult to do online.”. Innovation Role. Beyond that, 84.7

Innovation 147

Innovation Retail System Course 147

PYMNTS

AUGUST 26, 2019

Grocery chain Giant Eagle , for one, recently announced plans to deploy a computer visioning and machine learning system that would enable checkout-free shopping. The August Automated Retail Tracker examines all the latest ways that supermarkets and other retailers are implementing technologies to provide more robust, high-speed services.

Retail 139

Retail Trends Meeting Tools 139

PYMNTS

JUNE 7, 2020

The online news service reported Facebook revealed 13,000 human to human conversations across two retail spaces, furniture and fashion, were used as data for the training. After creating SIMMC’s fashion and furniture, Facebook’s researchers said they outperformed two AI systems.

Training 177

Training Retail Data Report 177