PYMNTS

JULY 15, 2020

In the automotive arena, sellers have implemented third-party technology such as virtual retailing to enable a completely digital vehicle sales process. 39%: Amount by which virtual retailing use increased in June. 57.9% : Share of credit-centric revolvers who are interested in payment plans for large purchases.

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Retail Technology Cards Innovation 130

PYMNTS

OCTOBER 30, 2020

The PYMNTS Weekender is here to catch you up on the latest news at the end of another busy work week. We have deep dives on cloud technology, business-to-business (B2B) payments and Visa’s deal to acquire YellowPepper. PYMNTS explores why making sense of data privacy trends amid COVID-19 is key to the survival of retailers.

Technology 161

Technology Apple Payments Capital 161

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. Plus, Jennifer Lopez is depending on Flowcode for marketing of her new JLo Beauty brand. Cognira Rolls Out AI Promotion Suite For Retailers.

Retail 239

Retail Google Capital Branding 239

PYMNTS

OCTOBER 12, 2020

Online marketplaces are connecting retailers, consumers and nonprofits amid the pandemic. In marketing, Amazon and Walmart are busy getting ready for what could be the largest shopping week of the year, with Prime Day and other events approaching.

Retail 146

Retail Innovation Technology Security 146

PYMNTS

MAY 28, 2020

As retailers scramble to capture the digital shift, it’s easy for some overlooked details, such as unanswered customer complaints, to harm their brands. To prevent this, a new category is emerging around the area of online reputation management , with a luxury automaker among the latest brands to embrace the technology.

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Mobile Technology Retail Payments 141

PYMNTS

SEPTEMBER 24, 2020

Technologies such as artificial intelligence (AI) and video onboarding have shown promise in facing identity fraud, but each is vulnerable when implemented on its own. Nike ’s digital sales surged in Q1, while the sportswear brand also saw an uptick in its connected fitness business. All this, Today in Data.

Technology 153

Technology Innovation Retail Video 153

PYMNTS

NOVEMBER 5, 2020

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. Not Just Walmart. Not Just Walmart.

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Retail Trends Technology Operations 272

PYMNTS

JANUARY 31, 2020

It’s the end of the workweek, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the latest in payments and commerce news. We have deep dives into virtual card adoption and self-service technology, as well as a report on Kobe Bryant’s legacy. BMO on Taking a Digital-First Approach to Retail Banking.

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Cards Technology social media Meeting 131

PYMNTS

NOVEMBER 19, 2020

Afresh Technologies has raised $13 million in a Series A extension round to expand its fresh food management technology that helps grocers reduce food waste. The round was led by Food Retail Ventures and joined by existing investors Innovation Endeavors , Maersk Growth , and Baseline Ventures.

Technology 244

Technology Management San Francisco Retail 244

PYMNTS

JANUARY 22, 2020

And in tech, virtual reality (VR) and augmented reality (AR) are starting to make more significant gains in the retail world. 1.8B: Amount that virtual reality will generate through retail and marketing in 2022. . 1.8B: Amount that virtual reality will generate through retail and marketing in 2022. All this, Today in Data.

Retail 141

Retail Innovation Technology Data 141

PYMNTS

JANUARY 18, 2021

Every year for the last 110 years , members of the retail trade group, known as the National Retail Federation (NRF), have assembled to discuss the slate of issues pertinent to its members. COVID-19, of course, didn’t cause physical retail’s steep decline — it just accelerated it. Retail is now about logistics and the last mile.

Retail 309

Retail Online Maine Branding 309

PYMNTS

MARCH 24, 2017

A new study from Oracle revealed that consumers are more willing to engage with brands that offer new retail technology if they are able to exert control over their experience. This signals brands to focus on building a strong foundation to win trust.

Retail 101

Retail Technology Study Branding 101

PYMNTS

NOVEMBER 16, 2020

And in technology, digital identity offerings have become more widespread in recent years to serve as alternatives or as a supplement to old-fashioned authentication methods. All this, Today in Data.

Technology 156

Technology Retail Data Trends 156

PYMNTS

MARCH 9, 2020

Amazon is introducing its “Go” concept to other merchants interested in its “Just Walk Out” technology, Reuters reported on Monday (March 9). The eCommerce giant is in talks with other retailers and has “several” signed deals with unnamed customers. Amazon Go’s cashierless technology could grow into a $50 billion business, U.S.

Technology 198

Technology Retail Cards Branding 198

PYMNTS

JANUARY 27, 2020

Retail keeps embracing numerous new technologies, and biometrics is not only one of them, but an area of recent growth and development, including via some of the biggest names in commerce. Take Amazon, which continues to expand its brick-and-mortar retail footprint, and the technology underlying those stores.

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Retail New York Dallas Trends 264

PYMNTS

SEPTEMBER 21, 2020

And in retail, Amazon ’s sales of clothing and apparel have been on the uptick in the past few years. In payments, digital marketplaces are serving as virtual storefronts and helping small to medium-sized businesses (SMBs) survive – but bringing real-time settlement into the mix can help them thrive. All this, Today in Data.

Retail 148

Retail Technology Maine Mobile 148

PYMNTS

NOVEMBER 9, 2020

We are taking advantage of unused capacity,” Cooler Screens Chief Technology Officer Rob Dravenstott told PYMNTS in a recent interview. “We We are essentially taking glass doors that were probably underutilized and not asking the retailer for any additional physical space.”. sales lift is not a common thing.”.

Retail 277

Retail Innovation Video Chicago 277

PYMNTS

NOVEMBER 16, 2020

When he first came up with the idea for an eCommerce technology company, Co-founder and CEO Finbarr Taylor was in the process of plowing through this story of medieval Japan. A new Shogun was born. Some retailers are just excellent about telling stories about themselves and about the products that they're selling,” Taylor told PYMNTS.

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Retail Regional Branding Tools 226

PYMNTS

MAY 27, 2020

Apple , which runs 510 retail locations throughout the globe, intends to open roughly 100 U.S. The technology company will have approximately 130 of 271 Apple Stores in the country open by this week’s conclusion, CNBC reported. stores this week. Apple’s locations, for their part, many times anchor key shopping centers or areas.).

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Apple Retail US Nevada 142

PYMNTS

JULY 23, 2020

with Popshop Live set to rival Glamhive as the early movers in a relatively new format. Livestreaming firms are getting ready to roll out in the U.S., Popshop Live allows for livestreaming to follow sellers’ schedules while also serving as a marketplace.

Technology 166

Technology Retail ATM Data 166

PYMNTS

SEPTEMBER 13, 2019

Brick-and-mortar retailers are doubling down on digital as they look to staff their stores for the busy holiday shopping season. The retailer noted that all seasonal hires will have a minimum hourly starting wage of $13 an hour. In Other Brick-and-Mortar News.

Retail 244

Retail Trends Online Technology 244

PYMNTS

APRIL 4, 2019

Out of the haze of uncertainty emerged a new mobile network, and from the new mobile network came new retail applications and experiences, all taking advantage of the faster speed of the technology, and the potential to reduce friction. A new report also says the U.S. 5G Retail Deal. 5G Retail Deal.

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Retail Mobile Course Branding 177

PYMNTS

DECEMBER 24, 2020

When it’s said and done there was only one story that mattered in the retail universe this year and it was the rise of the digital-first economy. They and others have succeeded because they entered the market independent of traditional retail, and because their business model fit the needs of the pandemic.

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Retail Branding Minneapolis Trends 295

PYMNTS

JANUARY 15, 2021

Blackhawk’s functionalities can also help retailers get in front of new audiences through a gifting channel that is surfacing quickly. Blackhawk allows for eGift sales through Givingli’s app, with the inclusion of cards that can be used at travel, food and beverage, and health and beauty brands.

Technology 187

Technology Cards Branding US 187

PYMNTS

OCTOBER 19, 2020

Silicon Valley checkout-free, autonomous retail startup AiFi has secured a new round of funding, bringing its total raised to $30 million, the company said in a press release on Monday (Oct. AiFi has 330 autonomous store openings on deck for next year while it continues building out new and retrofitted autonomous stores worldwide.

Retail 226

Retail Security Texas California 226

PYMNTS

JANUARY 15, 2021

The Hudson Group plans to add Amazon’s Just Walk Out technology to some of the popular convenience stores the chain operates at more than 1,000 North American airports, train stations and other landmarks and tourist destinations. . Checkout-Less Retail Is Becoming A Reality . Checkout-Less Retail Is Becoming A Reality .

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Technology Dallas Retail Training 196

PYMNTS

MAY 19, 2020

Voice assistant technology already had an audience even before the coronavirus outbreak gave it a big boost, as it has now radically reshaped consumer habits and preferences on a global scale. And consumers plan to stick with their new behaviors. Voice AI’s New Role as Retail Clerk? Another 41.8 Another 30.3

Technology 205

Technology Millennials Retail Report 205

PYMNTS

NOVEMBER 16, 2020

Rakuten , a Japanese tech company specializing in digital eCommerce solutions for retailers, is introducing a new subsidiary to bolster physical stores. Tentatively called Rakuten DX, the new unit will launch schemes for digital transformation at retailers’ physical shops, Rakuten said in a statement on Monday (Nov.

Retail 217

Retail Tools Online Meeting 217

PYMNTS

JANUARY 13, 2021

Toshiba Global Commerce Solutions unveiled its ELERA unified commerce platform that will let merchants operate without the bounds of traditional retail IT infrastructures, according to a Wednesday (Jan. ELERA is currently used by the high-volume retail grocery and general merchandise verticals. 13) announcement emailed to PYMNTS.

Retail 170

Retail Big Data Analysis Community 170

PYMNTS

AUGUST 13, 2020

By comparison, the first 3-D Secure (3DS) technology provides consumers with a user experience marked by lengthy times for processing and verification. The company reports that retailers selling through eCommerce are experiencing record sales numbers, but fraud rates are also on the uptick. seconds on average through EMV 3DS.

Technology 248

Technology User Experience Fraud Comparison 248

PYMNTS

JANUARY 24, 2019

Before consumers started to trade brick-and-mortar shopping experiences for eCommerce websites, retailers could bring customers through their doors with window displays. In addition, this technology can help train employees with virtual experiences. And consumers can use this technology to help shop for furniture.

Retail 204

Retail Training New York City Technology 204

PYMNTS

SEPTEMBER 10, 2019

Artificial intelligence (AI) and machine learning (ML) are starting to play a bigger role in retail, foreshadowing what’s to come in the new decade of the 2020s. According to PYMNTS research , AI and ML are blurring the divide between online and in-store shopping, and bringing an all-new human element into retail.

Retail 247

Retail Comparison Online Data 247

PYMNTS

JUNE 9, 2020

Physical brick-and-mortar retail was suffering long before the pandemic. Highlights include grocery, retail and contactless, he said. In addition, retailers are searching for more flexible fulfillment options spanning online pickup in store, pickup curbside, and a number of variants of that continuum of reaching end customers.

Retail 230

Retail Mobile Meeting Online 230

PYMNTS

MARCH 31, 2020

As recently as a few years ago, it was often difficult to get retailers to think seriously about unattended retail as an expansion or extension of their business. But a few years can make a big difference, USA Technologies ’ President and CEO Don Layden Jr. The Wider-Than-Expected Applications Of Unattended Retail .

Retail 175

Retail New Jersey Oregon Technology 175

PYMNTS

DECEMBER 16, 2020

In today’s top payments news around the world, IBM has bought Canada-based Expertus Technologies, while Gojek is rolling out its new GoBiz Plus point-of-sale (POS) offering. The technology, which is a collaboration with PT Bank Central Asia, functions as a supplement to the GoBiz retailer super app.

Technology 240

Technology System social media Payments 240

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. Luckin is hardly the only retailer tapping into the potential of vending machines. states and 24 countries.

Retail 131

Retail Detroit Michigan Branding 131

PYMNTS

DECEMBER 16, 2020

Benetton Group , an Italian fashion company, is teaming once more with retail market intelligence firm EDITED as an "essential platform" for its future three-year roadmap, according to a Wednesday (Dec. 16) announcement. “As

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Groups Retail Analytics Branding 157