Should retail banks be retailers?

Chris Skinner

Admittedly, he says it’s partly inspired by my blog of last year about challenger banks, but his write-up takes it further and has a swipe at the whole bank culture … The post Should retail banks be retailers? There’s a great write-up by one of my guest contributors Alex Johnson, about the bad sales culture of most banks.

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Shogun Brings Big Retail Tech To Digital-First Retailers

PYMNTS

Some retailers are just excellent about telling stories about themselves and about the products that they're selling,” Taylor told PYMNTS. Both have been key developments to helping retailers participate in the digital-first economy. Don’t read too much into the name.

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How Retailers Are Talking Turkey This Thanksgiving

PYMNTS

So it’s good to see some major retailers giving back for the holiday. As to what long-term lesson in retail the very unusual 2020 season has to offer? Retail COVID-19 holidays Innovation Main Feature News Saturday Feature Thanksgiving

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Customer Experience 4.0 Master Series: Transforming The Future of Retail Banking

Mobile Payments Today

This e-learning series is designed to help traditional transaction-focused banks effectively harnesses the power of transformation to build an ideal customer experience for their retail network

The Empowered Consumer

When it comes to working with the empowered consumer, AI has the power to help your business thrive by leveraging your own data to better understand your customers. Read our ebook, The Empowered Consumer, to learn more about how AI can help you connect with your customers.

Mobile Payments 101: Retail

Mobile Payments Today

The world of mobile payments has changed significantly over the past decade – and particularly over the past few years as smartphones and other mobile devices have become ubiquitous. In this report, we will review some of the main themes and trends in the mobile payments market

Retail 283

US Retailers Added 249,000 Jobs In August

PYMNTS

4) jobs report brought good news to the nation’s retail sector as it added nearly one quarter of a million jobs in August. It’s encouraging to see retailers bring back these jobs,” Sonia Lapinsky, a managing director at AlixPartners, the Michigan-based consulting firm, told the newspaper.

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Japan’s Rakuten Introduces Retail Tool For Digital Transformation

PYMNTS

Rakuten , a Japanese tech company specializing in digital eCommerce solutions for retailers, is introducing a new subsidiary to bolster physical stores. Retail brick and mortar digital shift ecommerce News Rakuten What's Hot

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Augmented Reality Adds 3D Technology To Boost Retail Conversions

PYMNTS

The David’s Bridal application was built by Vertebrae , a tech company that specializes in bringing real-world applications to retailing. Vince Cacace , CEO of Vertebrae, told PYMNTS that AR in 3D has become a high-demand technology for all kinds of products and retailers. “We

Luxury eCommerce Retailer Farfetch Officially Opens ‘Store’ For Used Goods

PYMNTS

Online retailer Farfetch is out to prove that the market for luxury merchandise fits fine with used goods. Retail ecommerce Farfetch Luxury News What's HotThe eCommerce company is launching its Farfetch Second Life program in the U.S., according to Elle , a fashion industry publication.

Retail 219

NRF Lists Hot 100 Retailers

PYMNTS

For retailers, it’s better to be hot in 2020 than top. based trade group said the Hot 100 report provides a glimpse into the future of retailing as experts make predictions for a post-coronavirus world. But COVID-19 has changed the size and quantity of retail locations across the U.S.,

Retail 163

October Retail Sales Grew Slower Than Anticipated

PYMNTS

retail sales rose 0.3 Despite the pandemic’s negative effect on the economy, 2020 retail sales in October were 5.7 September retail numbers were up 1.6 In September, numbers from the Commerce Department showed that retail sales increased in every category, up 1.9

Retail 151

Trends In Retail Technology And Consumer Spending

PYMNTS

In retail, the need to simplify, integrate and bring gift card and loyalty programs online to maximize their impact has never been greater, while consumer engagement has the power to remove retail friction.

Trends 198

Digital payments and the retailer

Mobile Payments Today

Some retail outlets are experimenting with moving to digital payment-only operations. As non-cash payments become the norm, some retailers, particularly in hospitality, no longer accept cash. While there are downsides to managing cash, what are the pitfalls of refusing to deal with it

Retail 266

Black Friday Loses Deep Discount Retail Strategies

PYMNTS

Despite the fact that many retailers are creating their own versions of Black Friday, the traditional one that happens the day after Thanksgiving will still occur as a retail event. Retail ecommerce EDITED holiday shopping News sales

Innovative Approaches To Retail With Digital Technology

PYMNTS

Online marketplaces are connecting retailers, consumers and nonprofits amid the pandemic. Today In Data Commerce digital commerce Innovation News payments Retail Security Today in Data

Rite Aid Rebrands, Reconfigures Retail Experience

PYMNTS

A recent partnership with Instacart made delivery of non-prescription items available across the chain’s entire retail footprint. Retail brick and mortar News Rite Aid What's HotRite Aid, locked in a battle for U.S.

Retail 172

Retail Rental Payments Make Comeback

PYMNTS

Retailers are starting to pay the rent. The report is confirmation that reopened retail stores are generating revenue despite high unemployment and regional pandemic spikes. The biggest gain came from free-standing retail, which increased 12.1

Retail 180

Self-service retail and the changing landscape on payments

Mobile Payments Today

Self-service technology allows retailers to meet customer expectations established by the pioneering tech efforts of brand's, like Starbucks. These installations take diverse forms, a CES panel demonstrated

Retail 295

Cooler Screens Brings New Look To Retail Innovation

PYMNTS

We are essentially taking glass doors that were probably underutilized and not asking the retailer for any additional physical space.”. But I think it’s more important for retailers to meet the [digital experience] expectations of consumers,” he said.

Future Retail To Amazon: Stop Meddling In $3.4B Asset Sale

PYMNTS

Future Retail is attempting to prevent partner Amazon from meddling further in its $3.4 percent stake in Reliance Retail. An announcement from ADIA touted Reliance Retail's footprint in serving almost 640 million customers via its 12,000 stores in the country.

Retail 211

Retailers Look To Redefine Holidays For Q4

PYMNTS

While the retail industry waits for Amazon to officially announce Prime Day, some other events are starting to take their places on the calendar. On the more general side of the retail ledger, a proposed “Mirror Day” on Oct. What a difference a day makes – or doesn’t make.

Retail 199

Casper Teams With Nordstrom For Retail Distribution

PYMNTS

to bring its products to shoppers through the web and at certain retail locations, according to a Tuesday (Nov. Shoppers will have the ability to purchase Casper’s mattresses and sleep accessories through the web at Nordstrom.com and in some Nordstrom retail locations starting this November.

Retail 151

Shoppable Media Arrives For Retail Holiday Season

PYMNTS

As retailers get into the thick of the holiday selling season, several emerging digital-first options are coming to the fore. By clicking on any one of these executions, the user can be sent to a product page on the retailers site for immediate purchase.

Retail 180

Retail Ecommerce Ventures Calculates Its Next Moves

PYMNTS

When speaking with Tai Lopez , the executive chairman of one of the more disruptive retail companies in the pandemic period, it could be expected that the conversation would center around one topic: retailing.

Retail 181

Manifesting Retail’s Week Of Revolution

PYMNTS

Retail, for all intents and purposes, has always been an interdependent system. And all retailers depend on the one constant that separates any business from a hobby: the customer. What’s happening right now is nothing less than a sea change in the interdependency of retail.

Retail 187

Retail Real Estate Floats New Business Models

PYMNTS

Real estate trends for retailers are back in the news this week, as the pandemic-driven brick-and-mortar market starts to produce new business models and a fair amount of stability. The new business model involves leasing options for the retail sector. retail portfolio valued at $5.9

Retail 201

Digital Approaches To Retail And Disbursements

PYMNTS

Today In Data Commerce digital commerce Mobile Payments News payments Retail Today in DataCooler Screens is replacing traditional glass doors with high-definition, multi-functional video screens that create a new revenue stream for merchants.

Retail 151

Innovative Approaches To Retail And PCI Compliance

PYMNTS

Today In Data Commerce compliance Innovation loyalty News payments Retail Today in DataHome Depot has revamped its loyalty program by allowing Pro Xtra members to earn points for shopping and redeeming benefits via its app.

Report: Amazon Alleges India's Future Retail Breached Its Contract

PYMNTS

Amazon , which is fuming over a decision by its India business partner Future Retail to sell assets to rising Amazon rival Reliance Industries , has asked India's top securities regulator to block the deal, Reuters reported. When Future Retail nevertheless pursued what would become a $3.4

Report 193

Narvar, Simon Partner To Make Retail Returns Easier

PYMNTS

Customer experience platform Narvar is partnering with real estate investment trust Simon to facilitate easier retail returns, according to a press release. He added that the collaboration will give consumers more choices while also increasing retailers’ efficiency.

Retail 170

Retail Bankruptcies On Track This Year To Hit 2010 Levels

PYMNTS

Brick-and-mortar retailers felt the pain at exaggerated levels due to the pandemic, according to the bi-annual BDO Bankruptcy Update. Among retailers not in bankruptcy, there were 4,228 store closures, including Inditex with 1,000 closures and Starbucks with 400, the report stated.

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Retail Partnership Brings Ulta Beauty To Target Stores

PYMNTS

Retail giant Target is collaborating with Ulta Beauty in a strategic partnership that will bring a shop-in-shop concept to 100 Target locations across the country, the companies announced in a press release on Tuesday (Nov. Retail News partnerships Target Ulta Beauty What's Hot

Retail 188

Walmart Reboots Retail With Its Re-Think On Robotics

PYMNTS

This in a week that has seen news reports that the world’s largest retailer has terminated its contract — and a 3-year-old automated shelf-stocking experiment — with San Francisco’s Bossa Nova Robotics , having found that existing “human” employees were able to do the same work just as well.

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Digital Approaches To Retail And Onboarding

PYMNTS

Today In Data authentication Commerce digital commerce News Onboarding payments Retail Today in Data

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