PYMNTS

JANUARY 15, 2021

The use of QR codes is growing more popular in the United States, enabling consumers to instantly access information and easily pay on their smartphones without going through a URL entry. Some countries are catalyzing this growth through national mandates rather than leaving retailers to their own devices. Retail Environment.

Retail 207

Retail Security Payments United States 207

PYMNTS

DECEMBER 30, 2020

Department stores are struggling in a digital-first economy, while forward-thinking retailers are looking at the returns process as an opportunity to create a positive customer experience. 97% : Share of consumers who will buy from a retailer again after having a positive returns experience. All this, Today in Data.

United States 261

United States Customer Experience Retail Data 261

PYMNTS

MARCH 1, 2019

It’s not a fantasy, but a reality for a growing number of drivers in the United States. The general experience can apply to retail goods, including groceries. Yet, the same general technology — via crowdsourcing, for instance — can also serve to not only build new communities, but strengthen ties among existing ones.

Retail 182

Retail Technology United States California 182

PYMNTS

MAY 2, 2018

Retailers and retail landlords are reporting strong first-quarter earnings results, beating analysts’ expectations in many cases. percent in the United States. billion, according to news from Retail Dive. In some cases, the retailer is demolishing existing stores to create new uses of the land.

Retail 101

Retail Technology South Carolina Honolulu 101

PYMNTS

AUGUST 24, 2020

Consumers are unlikely to return to stores and business districts in the near future, nor can businesses simply rely on longstanding relationships with suppliers and retailers to keep production lines moving and shelves stocked. Interior Define is one such company that exemplifies these trends, as highlighted in our case study.

Retail 216

Retail Report Case Study Study 216

PYMNTS

NOVEMBER 26, 2019

Luxury and upscale retail are undergoing some significant changes as the holiday shopping season kicks off and a new decade approaches. The retailer recently delivered earnings that beat analysts’ expectations for the recently completed financial quarter, even as its net sales declined year over year. Social Retail.

Retail 131

Retail Online social media United States 131

PYMNTS

AUGUST 26, 2019

Pretty much everyone needs medicine at one or another, and that need is helping to drive retail innovation and attempts at disruption in the pharmacy business. After its parent company announced plans earlier this year to close 200 stores in the United Kingdom, Walgreens is looking to shutter 200 locations in the United States.

Innovation 136

Innovation Retail United States ATM 136

PYMNTS

JUNE 30, 2017

FIS, the financial services technology, and Cardtronics, the ATM owner/operator, announced Thursday (June 29) plans to integrate FIS Cardless Cash access across Cardtronics’ ATM fleet in the United States. With the technology, consumers can access their funds and authorize how much to withdraw without needing a physical card.

ATM 117

ATM Technology United States Security 117

PYMNTS

NOVEMBER 5, 2018

Those promise to stand as two main traits of the 2018 holiday shopping season , and retailers that gain an edge and increase revenue during the all-important fourth quarter will likely have exploited such tactics during this period, at least according to new data that strives to paint a detailed picture of U.S. percent, reaching $124.1

Retail 179

Retail United States Millennials Study 179

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.

Retail 131

Retail Detroit Michigan Branding 131

PYMNTS

FEBRUARY 28, 2017

According to a new report from content delivery network and web security firm Akami Technologies Inc., cyberattacks against retailers were on the decline in the fourth quarter of 2016, though that doesn’t mean retailers were free from major security events during the holiday season. Here are some of the key findings.

Retail 100

Retail United States Security Study 100

PYMNTS

DECEMBER 23, 2020

With the United States Postal Service (USPS) basically throwing in the towel on timely deliveries, the final day of the holidays looks bleak. While Amazon has performed better for its own goods than other retailers, its independent sellers are also stressed about the delays. We’re trying desperately to get goods in.

Retail 168

Retail Detroit Seattle United States 168

PYMNTS

NOVEMBER 6, 2019

Ikea and Hennes & Mauritz ( H&M ) are putting money into technology startups as a way to help them sidestep retail disruption, the Financial Times (FT) reported Wednesday (Nov. It was the first acquisition of its kind by the company in the United States, Ikea’s second-largest market behind Germany.

Retail 103

Retail United States Capital US 103

Jeff For Banks

NOVEMBER 28, 2023

I asked Google Bard, a large language model tool, the following: "Describe the future of banking in the United States in buzzwords." Decentralized finance (DeFi) : DeFi technologies, such as blockchain and cryptocurrencies, will disrupt traditional banking models and create new opportunities for financial inclusion.

United States 92

United States Analytics Risk Management Google 92

PYMNTS

JULY 4, 2017

At this time about 240 years ago, the United States officially signed the Declaration of Independence, stating the 13 colonies at war with Britain had separated themselves to form their own country. EDITED’s senior fashion and retail analyst, Katie Smith, commented on this and shared strategies for retailers during the holiday.

Retail 105

Retail Trends United States National 105

PYMNTS

JULY 24, 2019

The Justice Department is right to be looking into Amazon’s practices as part of its antitrust review of big technology companies, Treasury Secretary Steven Mnuchin said Wednesday (July 24). . “I A broad antitrust review of big technology companies was announced by the Justice Department on Tuesday (July 23).

Retail 128

Retail US Massachusetts United States 128

PYMNTS

MAY 10, 2017

While the retail point-of-sale (POS) terminals market is currently sitting at $15 billion, Global Market Insights is expecting it to reach $45 billion by the year 2024. To help combat these efforts and meet consumers preferred payment method demands, the retail POS terminal market will need to grow to bring down harmful actions.

Retail 120

Retail Marketing United States Fraud 120

PYMNTS

NOVEMBER 17, 2020

Adyen , a FinTech whose payments platform is used by merchants and retailers around the world, is teaming up with San Francisco-based installment payment company Affirm in a new partnership, the companies announced on Tuesday (Nov. This can be done either online or in-store using a QR code, the companies said.

San Francisco 243

San Francisco Payments United States Retail 243

PYMNTS

AUGUST 6, 2019

What to do with retail malls? That is among the latest trends as retail reinvents itself, and technology and other trends force new uses for old commerce spaces. Malls are not exactly the hotspots of coolness and retail activity they once were. retailers so far this year than in all of 2018. New Investment.

Retail 108

Retail Innovation Minnesota Los Angeles 108

PYMNTS

JULY 2, 2018

When it comes to online orders, retailers selling groceries — or even takeout food — face a constant balancing act: How can they quickly deliver orders at a reasonable price? The move comes as Kroger — like many retailers — is making a push into digital with its Restock Kroger initiative and seeking to expand its coverage area.

Retail 108

Retail Technology United States Examples 108

PYMNTS

JULY 22, 2020

The firm said the acceleration was mainly fueled by quicker growth in the United States, Brazil, Western Europe and a good share of APAC, according to the Monday (July 20) report. “At

United States 260

United States Retail Maine Online 260

PYMNTS

NOVEMBER 22, 2019

Retailers are tapping into voice technology to help consumers order their favorite products such as restaurant takeout as they expand their artificial intelligence (AI) strategies. 30 of this year in the United States, Canada, the United Kingdom, France and Germany.). “We In Other Brick-and-Mortar News.

Retail 139

Retail Strategy United States Comparison 139

PYMNTS

MARCH 8, 2019

Retailers are bringing omnichannel experiences to consumers by bridging the worlds of online and brick-and-mortar commerce through offerings such as buy-online-pickup-in-store (BOPIS). Following that trend, Fast fashion apparel retailer rue21 recently announced it plans to bring the offering to more than 700 stores.

Retail 116

Retail Dallas United States Online 116

PYMNTS

AUGUST 17, 2020

The company owns the Peapod eCommerce grocery offering in the United States in addition to click-and collect offerings, The Wall Street Journal reported. The company opted to speed up the expansion of its eCommerce channels and connect online shopping with physical retail due to COVID-19, Knight said in the report.

NV 160

NV United States Retail Resources 160

PYMNTS

AUGUST 9, 2019

Outdoor apparel retailers are reinventing their brick-and-mortar spaces to connect with customers by making stores into destinations that offer experiences. In the updated retail space, the company said, customers will “immediately feel The North Face heritage and experience the brand’s values.”

Retail 108

Retail New York City New York United States 108

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

JANUARY 18, 2019

Grocers are using autonomous vehicles to help bring fresh food to the doorsteps of consumers, and news came this week that another retailer plans to use the technology: Approximately one month after Kroger announced that it had started to use autonomous vehicles in Arizona, Stop & Shop is intending to use them in the Bay State.

Retail 129

Retail Branding Arizona United States 129

PYMNTS

FEBRUARY 14, 2019

And these digital services are only expanding in the United States as well as other places around the world. From 7-Eleven to H&M , retailers are adopting digital payments and artificial intelligence (AI) technology to bring more convenient experiences to their customers. Netflix, for instance, added 6.4

Retail 129

Retail Online Payments United States 129

PYMNTS

JUNE 16, 2020

Retailers are aiming to play catch-up with shoppers by moving resources from brick-and-mortar and stacking them against digital technology and abilities. And “ webrooming ,” the practice of consumers using websites to comparison shop for physical retail, is coming for an encore. All this, Today in Data.

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United States Comparison Resources Retail 130

Perficient

FEBRUARY 2, 2023

A biometric payment is a point-of-sale technology that authenticates payments by pairing a payment card with a physical identifier of the cardholder. The Mastercard’s pilot biometric technology , on the other hand, if widely adopted, would require more intensive widespread hardware and software updates. million this year and 94.4

Industry 471

Industry Trends social media Payments 471

PYMNTS

APRIL 26, 2018

Amazon announced its plan to build a totally unattended retail store in early 2017, but there was something of a gap between the announcement of the company’s plan for a sensor-based, cashier-less shopping experience here in the United States and its actual rollout in late January of this year. Will BingoBox lead that charge?

Retail 103

Retail United States System Mobile 103

PYMNTS

NOVEMBER 16, 2020

16), the retailer announced in a press release emailed to PYMNTS. The purchase process will involve scanning QR codes on mobile devices, CVS stated in the release. Customers at 8,200 CVS Pharmacy locations can use PayPal and Venmo to pay for purchases contact-free starting Monday (Nov. The partnership.

Payments 264

Payments United States Retail Resources 264

PYMNTS

JUNE 27, 2019

At the same time, according to the latest PYMNTS Automated Retail Tracker , the estimated number of vending machines in the U.S. The Automated Retail Market . Beyond the bright lights and big city of New York, unattended retail solutions for distributing fresh and healthy food are taking hold in other parts of the United States.

Retail 108

Retail New York City New York Chicago 108

PYMNTS

MARCH 29, 2019

American quick-service restaurants (QSRs) are growing in markets around the world that are thousands of miles away from the United States. As it stands, the quick-service pizza chain has more than 15,900 stores in over 85 markets around the world and over half of its global retail sales are through international locations.

Retail 122

Retail Branding Dallas Marketing 122

PYMNTS

JANUARY 31, 2020

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. Bank client preferences have moved toward self-service technologies over branch visits in recent years because of ease of use and improved convenience.

Cards 131

Cards Technology social media Meeting 131

PYMNTS

AUGUST 28, 2018

What about retail stores, restaurants and hotels? Technology is making it easier for the workforce to put in the daily eight (or 10, or 12) hours from their own homes, but another change is taking place: Using commercial space left behind by retailers, or in eateries or hotels, as communal areas of work. WeWork Efforts.

Retail 101

Retail New York City Arizona United States 101

PYMNTS

MARCH 5, 2017

The report found that 32 percent of transactions used cash in 2015 and that demand for cash remains strong in the United States. And cash’s popularity isn’t limited just to retail purchases. PayNearMe allows consumers to pay bills with cash by visiting local retail partners like Family Dollar or 7-Eleven.

Technology 100

Technology San Francisco Analysis United States 100