PYMNTS

SEPTEMBER 12, 2019

Video games are helping to drive retail innovation and growth, and that includes the hot area of subscription commerce. Video game manufacturers operated a different model of sorts: Create great games to get consumers to buy the hardware, then keep cranking out great games that would keep consumers on board and upgrading those devices.

Video 248

Video Retail Innovation Trends 248

PYMNTS

MAY 16, 2019

Death, taxes and data breaches – those are perhaps the only sure things in life, and new evidence is emerging that hackers are finding increasing profit in targeting online retailers. The news comes amid yet another online retail cyberattack, this one targeting Japan’s Fast Retailing, the company that owns the Uniqlo retail chain.

Retail 218

Retail Online Cards Data 218

PYMNTS

JULY 24, 2020

When Indochino launched in 2007, the company wasn’t out to create a new template for the entire retail sector, just a better product with better prices and a better buying experience. We don’t require dozens of people at our store to have an operating four-wall showroom,” CEO Drew Green told Karen Webster in a recent conversation.

Retail 225

Retail Training Customer Experience System 225

PYMNTS

JULY 5, 2020

Federal workers, through partnerships with several online retailers, will now be able to purchase equipment like desks or office supplies through an eCommerce network for the first time, The Washington Post reports. Leaders at Overstock said the new GSA initiative would help them with their retail operation.

Online 149

Online Retail Washington Fraud 149

PYMNTS

OCTOBER 9, 2020

trillion opportunity for eCommerce retailers. Fraudsters are just as excited by this opportunity as merchants, unfortunately, making it essential for these retailers to craft robust protections to keep the data and the payment information of their consumers safe. Around The Next-Gen Debit World.

Fraud 188

Fraud Retail Report Online 188

PYMNTS

APRIL 27, 2020

But after that initial download, retailers and purchase aggregators pretty much let users run the course of their screens, never thinking that advanced applications would someday become important. Some companies have been trying to bring retailers into the new world of “necessary” location-based app technology for mobile retailing.

Retail 160

Retail Mobile Examples Technology 160

PYMNTS

AUGUST 28, 2020

Gourab Basu , vice president of global network processing at Visa, tells PYMNTS how deep learning keeps card (and card not present) transactions flowing. New Report: Helping Retail Treasurers Navigate The Digital D2C Shift (“How To” Playbook). Chipotle’s Chief Restaurant Officer On What’s Next For Restaurants. Trackers and Reports.

Retail 208

Retail Los Angeles San Francisco Online 208

PYMNTS

NOVEMBER 13, 2019

Times change, tastes expand and brands that don’t evolve generally don’t survive – a lesson that any number of retailers have spent the last several years learning the hard way. But even by the rapidly shifting standards of their vertical, Japanese retail apparel brand Uniqlo is, well, unique. The question now is, will it work?

Retail 132

Retail Branding Regional Operations 132

PYMNTS

AUGUST 13, 2019

Not only is it a big time for retail but, in a sense, a kind of dress rehearsal for the upcoming all all-important holiday shopping season. Retail back-to-school spending for families will hit an average of $696.70 last year, according to the National Retail Federation , a trade group. this year, up from $684.79 Amazon Effort.

Retail 127

Retail Innovation Course Trends 127

PYMNTS

JANUARY 17, 2020

Artificial intelligence (AI) is moving from cool concept toward everyday consumer reality, and signs of that innovation are increasingly appearing in the retail space. Take the issue of retail security as one example. Retail Trust and AI. Reducing network demands, the technology works even if cloud connection is lost.

Retail 149

Retail Security Fraud Illinois 149

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. Total retail growth was 3.8

Retail 183

Retail Millennials Cards social media 183

PYMNTS

JUNE 12, 2019

One example in retail and payments is tech incubators — specifically, those run by specific companies and brands, a trend that shows signs of growing even more in the 2020s (which, let us remind you, are only a few months away). That experience is one that is hard to gain as a vendor with new and exciting retail technology in the market.”.

Innovation 192

Innovation Retail Metro Case Study 192

PYMNTS

JUNE 21, 2019

Retailers, too, have higher education on their minds. After all, college is not only a place where many young men and women learn who they really are, but where operators of commerce, big and small, often find their next lucrative ideas. Another hot retail trend that is also being honed on campuses is subscription retail.

Retail 100

Retail Innovation Mobile Course 100

PYMNTS

MARCH 20, 2019

Koopman and Karen Webster recently engaged in a discussion about how those gaps apply to a very specific but lucrative part of the retail landscape: the health and beauty product space. That is a major gap, and speaks to the potential — and very real — lack of progress when it comes to innovating in a typically revenue-rewarding retail task.

Innovation 139

Innovation Retail System Payments 139

PYMNTS

APRIL 12, 2016

It’s what’s turned the retail word upside down as consumers with their mobile devices have decided they’d rather buy from their couch with their mobile phone than schlep to the mall. In other words, kick the door wide open to remote retail. Meeting the consumer where they are. That’s the mantra of innovators everywhere.

Retail 100

Retail Technology Chicago Samsung 100

PYMNTS

JANUARY 18, 2020

What makes the story stand out among the reams of local retail crime reporting is that the crime was actually committed. Botched crimes in local retail are common. Organized Crime’s Physical Retail Expansion . Brown rejected suggestions that it could be a current or past employee, telling local news affiliates, “It was a pro.”.

Retail 147

Retail Colorado Cards Report 147

PYMNTS

MARCH 11, 2020

With personal interactions under scrutiny due to the COVID-19 disruption, it’s a good time for retailers to take stock of their mobile and online commerce capabilities and technologies. The company announced this week that it has signed high-end fashion retailer Anine Bing. The first is Perfect.

Retail 151

Retail San Francisco Training Video 151

PYMNTS

DECEMBER 5, 2018

Retailers are turning to accelerators to drive innovation, and Target is taking its program to the international stage: It is teaming up with Germany’s wholesale and food specialist METRO AG for its cohort this year. The outlet also noted that the retailer was seeking to build an “operating system” for retail with its Store of The Future.)

Retail 140

Retail Innovation Industry Metro 140

PYMNTS

DECEMBER 8, 2020

Bass and Wilsons Leather share of the company’s retail operations segment were $38.2 The company said it is reorganizing its retail operations segment, as announced in the past. Bass and 110 Wilsons Leather retail locations. million in operating income, or 66 cents a share, on $2.6 31, in contrast to $59.8

Groups 241

Groups Report Branding Retail 241

PYMNTS

AUGUST 10, 2018

Traditional retail locations, ranging from fashion and home furnishings to hardware and department stores, have been forced to make significant changes in the face of heightened competition from eCommerce giants like Amazon and omnichannel powerhouses, like Walmart and its online unit, Jet.com.

Digital Strategies 104

Digital Strategies Retail Strategy Los Angeles 104

PYMNTS

DECEMBER 18, 2019

You can count on at least one thing for retail in 2020: Things will get much more personal. There, Dynamic Yield , the artificial intelligence (AI)-powered personalization platform operator, is being absorbed by fast-food chain McDonald’s. Many retailers are relying on AI to enhance personalization. Sonic Move. That’s not all.

Retail 131

Retail Tools User Experience Technology 131

PYMNTS

JULY 29, 2019

The rise of video games, both online and mobile, is helping to drive innovation in retail. The move is one of several Tilly’s has been pursuing recently to draw additional foot traffic in an era when, like many youth-focused retailers, it is seeing its sales constantly shifting online. Larger Trends. More Money.

Video 120

Video Innovation Retail Apple 120

PYMNTS

APRIL 27, 2020

Beyond Third Point, it is also probable that Fir Tree Partners will be included in the group that is presenting the financing for consideration. Neiman Marcus would have to look for a sale while in bankruptcy prior to reconfiguring its operations and finances with the $700 million loan. High-end eTailers like Farfetch Ltd.

Retail 183

Retail Groups Operations Report 183

PYMNTS

JULY 23, 2019

Businesses and consumers are unlikely to change their payment preferences until two conditions are met: they both feel the pain of slow legacy systems and are presented with an easy-to-adopt alternative.

Retail 131

Retail System Payments Resources 131

PYMNTS

JANUARY 8, 2020

Case in point, Stockwell: a self-service retail venture that got off on a very wrong foot with customers by, among other things, choosing the wrong name. Bodega’s widely stocked vending machines were presented as a disruptive alternative to mom-and-pop shops and genuine bodegas everywhere.

Retail 130

Retail Los Angeles Branding San Francisco 130

PYMNTS

DECEMBER 16, 2020

Consignment-to-retail used vehicle marketplace CarLotz, Inc. million, while retail gross profit per unit spiked 71 percent from $1,276 in the prior year period to $2,181, according to the announcement. said on Wednesday (Dec. 16) that its total revenues rose 12 percent for Q3 2020 to $29.8 million, up from $26.5

Report 208

Report Retail America Operations 208

PYMNTS

MAY 8, 2020

The shift to digital commerce is more urgent than ever — and so are some of the potential pitfalls as fraudsters recalibrate their attacks and eye card-not-present transactions as a new way to make off with ill-gotten gains. Existential Points Of Pivot. The restaurant and grocery sectors have also been transformed. Gearing Up For Fraudsters.

Cards 260

Cards Fraud Online Operations 260

PYMNTS

NOVEMBER 16, 2018

The retailer also offers a Shop The Look service in the store that allows customers to scan a quick-response (QR) code to find out the size and available colors of the items displayed on a mannequin. In Other Brick-And-Mortar Retail. The retailer’s comparable sales slid by 5.4 billion fell in line with analyst estimates of $5.41

Training 150

Training Retail New York City Branding 150

PYMNTS

AUGUST 28, 2019

Retailers seeking to provide rapid deliveries face an ever-moving target as consumers’ definition of speed evolves. This method allows consumers to use retailers’ websites or apps to browse, select and pay for items, after which they then visit physical stores to collect their goods. Quick Access and Impulses. Tractor Supply Co.

Retail 108

Retail Online Study Alaska 108

Perficient

FEBRUARY 24, 2021

In a world where retail has changed and consumers remain at home, how do brands reimagine the task of getting products to customers? Always choosing to go against the grain, Jon Bostock has consistently succeeded at the toughest challenges presented by companies both large and small. In Episode 4 of the What If? Episode Guest Profile.

Branding 441

Branding Case Study Digital Strategies Strategy 441

South State Correspondent

DECEMBER 8, 2023

We sat through almost every presentation and took pages of notes. Every Bank Has a Certain Level of Small Business Banking Channel Confusion While few said it, almost every major bank implied some level of channel confusion with small business banking as it overlaps with retail, commercial, and specialty lines of business.

Conference 195

Conference Retail Community Bank Technology 195

PYMNTS

AUGUST 28, 2019

continue to grow its eCommerce and grocery operations — same day grocery delivery is now available to most of the store’s members, the company recently said — as the merchant continues to bask in the glow of besting Amazon in an important customer satisfaction index. Costco Wholesale Corp. The store is located in the Shanghai area.

Retail 100

Retail Trends Apple Metro 100

PYMNTS

MARCH 15, 2019

Connected commerce is among the hottest trends in retail, and not just for streaming or ridesharing or online gaming services, but for subscription purchases, too. In fact, according to new PYMNTS research, digital services are expanding in the United States and in markets around the world.

Retail 146

Retail Payments Cards United States 146

PYMNTS

DECEMBER 12, 2019

The thefts — which retailers call shrink — will result in lower operating profit margins in 2020, Home Depot executives told analysts and investors during a meeting. This is happening everywhere in retail,” Craig Menear, chief executive officer said. “We Home Depot’s claim is among the first times a big U.S. stores, said. “We

Atlanta 201

Atlanta Retail Study New York 201

PYMNTS

JANUARY 19, 2021

These factors lead most businesses to transact primarily in cash — a fact that presents long-term issues for these companies. Cash payments have dominated the cannabis retail consumer experience until now,” said Tim Conder , CEO and co-founder of Blackbird, according to the release. “As

Online 145

Online Retail Operations Payments 145

PYMNTS

FEBRUARY 18, 2019

Sason ran a company called Magna Group, and according to the SEC, raked in more than $25 million via what the federal agency in its complaint described as an operation that involved the quick dumping of penny-stock shares that had been illegally gained. SEC Allegations.

Fraud 122

Fraud Operations Security Software 122

PYMNTS

NOVEMBER 18, 2016

Omnichannel commerce technology and operations provider Radial released the results of its Annual Holiday Fraud Index today (Nov. 18), which revealed the ongoing risk retailers face of coordinated and sustained fraud losses. Bottom line for most retailers if you are managing fraud yourself, you are going to get wrecked.”.

Fraud 100

Fraud Retail Cards Data 100