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OCTOBER 22, 2016

If one were to ask the average person if 2009 feels like it was a very, very long time ago, odds are the answer you would get is “no.” It used to be: “Why are you so focused on innovation and what’s next? The iPhone 3G was the top-selling phone of 2009, and it was the only pure, touchscreen-only smartphone on the market.

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OCTOBER 20, 2018

On this day in history in the year 2009, the world of payments and commerce was changed forever. No, we’re not talking about the launch of Square – that was in February of 2009. We always want to talk to innovators and those who understand them best. True in 2009. Well, that’s how we remember it, anyway.

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PYMNTS

OCTOBER 22, 2016

If one were to ask the average person if 2009 feel like it was a very, very long time ago – odds are the answer you would get is “no.” It used to be: “Why are you so focused on innovation and what’s next? e-Commerce existed of course – but wasn’t devouring physical retail’s lunch that noticeably yet.

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Bank Innovation

NOVEMBER 16, 2017

Alibaba Group created Singles Day back in 2009 as an annual shopping bonanza with various sales and offers. China’s Alibaba Group experienced its best Singles Day shopping event to date last week. The event, which is annually held on November 11 each year, processed nearly 1.5 billion transactions on that day, reports say. It is […].

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PYMNTS

DECEMBER 4, 2019

“We are kind of the red-headed stepchild of the alcohol world,” Rowe told INC , noting that despite its outside status, the sales of off-premise mead (mead that’s sold through retailers instead of a meadery) have shot up around 30 percent in the last five years. Last year, the off-premise mead industry generated $9.3

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PYMNTS

OCTOBER 8, 2019

“Tencent has been the digital media partner of the NBA in China since 2009. These moves come amid a push by China to encourage more cross-border commerce and retail. Earlier this month, Alibaba announced a deal to buy NetEase’s cross-border retail platform Kaola for $2 billion. China’s Commerce Push.

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PYMNTS

MAY 9, 2017

Most people did not consider 2009 an ideal time to start any kind of small business — the credit markets had more or less squeezed shut, a staggering number of Americans found themselves on the unemployment rolls and the economy seemed like it might be on the brink of ruin. And that was a problem they could fix.

Innovation 100

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JANUARY 22, 2018

More important, perhaps, than the innovations they made on behalf of their more famous lead players, was how their contributions accelerated those innovations’ time to market. Innovation in payments and commerce has an unsung hero, too. And who will influence how innovation happens.

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PYMNTS

MAY 5, 2016

Absolutely no need to panic, then — unless the topic is retail bankruptcies , which increased year over year by 24 percent. Such is the double-edged sword of a retail industry swept up in innovation. For every new path cut through the market, the retailers standing in the way are cut down. January — Wet Seal. As of Feb.

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NOVEMBER 12, 2018

The Chinese eCommerce retailer had been billing this year’s occasion as “the largest-ever in terms of scale and reach.”. million in sales on the first event in 2009. This year, the eCommerce retailer plans to kick off the event by offering a half a million items for preorder through Tmall. Everybody is the internet user.

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PYMNTS

AUGUST 2, 2017

AR/VR doesn’t, however, seem like an obvious entrant into retail spaces on first blush, particularly retail spaces that are already physical. In fact, InContext thinks virtualizing real experiences might help bring some of those erstwhile shoppers back to physical retail.

Retail 101

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MARCH 18, 2019

recently fell to the lowest rate since the 2007-2009 financial crisis, but a new product launch from JPMorgan Chase & Co. According to the Federal Deposit Insurance Corporation (FDIC), the percentage of unbanked Americans fell to its lowest level since the 2007-2009 financial crisis. The percentage of unbanked people in the U.S.

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Bank Innovation

FEBRUARY 7, 2017

The baby unicorn—Slack was founded in 2009 and Read More. But unlike the host of other companies, which have chosen to launch on the chatbot-heavy Facebook Messenger platform, PayPal’s bot will be hosted on Slack.

Video 150

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PYMNTS

MAY 6, 2019

Déjà vu because it was 10 years ago, in May of 2009, that Facebook launched the alpha version of Facebook Credits. First stop on Facebook’s capital raising tour: The big guns with successful payments rails, loads of money and a demonstrable appetite to invest in innovation. It shut down in 2012, 15 months after its official launch.

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PYMNTS

JULY 1, 2016

If you thought Pier 1 Imports was one of the home-good retailers you could add to the list of those scant few that posted a profit in the first quarter of the year, think again. And, if Pier 1’s earnings – and the balance sheets of many, many other brick-and-mortar retailers – are any indication, the trend only seems to be continuing.

Retail 101

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MARCH 15, 2017

Mark brings significant retail leadership experience to Gap Inc., We know what Banana Republic is capable of, and Mark’s ability to drive transformation and innovation will help revitalize the brand and position it to achieve its long-term potential.”. “We along with deep knowledge of the company and our customer,” said Peck. “We

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PYMNTS

JANUARY 9, 2020

This isn’t Amazon’s first attempt at breaking into the luxury fashion market – the retail giant originally tried in 2012, but was not successful. Indeed, a decade ago, the concept of building a retail operation around shopping in other people’s closets was something of a hard sell. Part of the problem is the eCommerce brand’s image.

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PYMNTS

FEBRUARY 27, 2020

There are still retail clerks and waiters; tailors and dry cleaners; drivers and warehouse workers — just as there were when the 21st century got off the ground. Uber , Lyft , Fiverr , Airbnb , Postmates were the early names in the game, all founded between 2009 and 2011. Some lasted; some did not.

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OCTOBER 15, 2018

In 2009, consumers first coined the term “Whole Paycheck” as a tongue-in-cheek way to describe the sticker shock many felt when looking at their receipts after a shopping trip to Whole Foods. What’s driving that share of spend is the growing proportion Amazon has captured in the biggest chunk of it: retail. billion in June 2017.

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PYMNTS

OCTOBER 10, 2018

Like most innovators, Arielle Charnas was looking to solve a problem when she launched her fashion blog – it just wasn’t a fashion problem. Charnas, based on a tip from her sister, decided to start a fashion blog in 2009. Charnas, based on a tip from her sister, decided to start a fashion blog in 2009.

Branding 184

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PYMNTS

MAY 29, 2017

MobileBytes , the point of sale (POS) for iPad innovators, has released its next-generation software update for online ordering. Launched in 2009, MobileBytes is fully integrated into the POS system, and setting up the tool takes only minutes for most restaurants.

Online 119

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CB Insights

JULY 19, 2017

Corporate innovation is critical for established companies looking to stay relevant in the face of disruption from up-and-coming startups. With industries being unbundled left and right ( supermarkets , banking , cars — just to name a few) more companies are opening up in-house innovation labs every day. Retail/Consumer Goods.

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PYMNTS

JUNE 5, 2019

To get a sense of how the world of payments and cards has changed, Cregan told Webster a story about a conference he attended in Las Vegas in 2009. That experience made him appreciate even more just how difficult it can be to move customers from one payment method to another without real innovation. Step back a bit first.

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MAY 30, 2018

CB Insights said the retailer has filed a little more than 1,400 patents since 2009, CNBC reported. Last fall, the retailer drafted two patent applications that reference a platform powered by blockchain technology for vendor payments and digital shopping, CoinDesk reported.

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PYMNTS

SEPTEMBER 20, 2017

Einstein’s intelligence allows retailers to bring predictive and personalized commerce experiences to their consumer base, as well as connect customer demand with inventory supply by collecting and managing key order and inventory data across stores, warehouses and vendors. billion – nearly double the $5.6 billion spent in 2016.

Software 100

Software Innovation Groups Data 100

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MARCH 20, 2018

A few decades later, Neiman Marcus started distributing gift cards, but the retailer took a page from the 1930s department store playbook: It kept the cards out of sight and only sold them as novelty items. In the early 2000s, another retailer experimented with gift cards. But the gift cards would make a quantum leap in 2009.

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PYMNTS

NOVEMBER 8, 2019

The event was started in 2009 by then-Chairman and CEO Daniel Zhang. Some of the most innovative marketing campaigns and new product launches are coming from U.S. I think all eyes are on us [and 11.11] each year to see what the future of retail looks like and how to best succeed in the China market.”. About 24 percent of U.S.

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PYMNTS

OCTOBER 8, 2018

B2B payments innovators and Warren Buffet have something in common: They are both obsessed with rails. Warren Buffet made rails sexy again when he bought a railroad in 2009. Today, a host of innovators are making B2B payments rails sexy again too. Topic Two: Banks — sure, they’re boring as all get out, but they are innovating.

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PYMNTS

MAY 17, 2019

Apple has increased its research and development spending from $1 billion in 2009 to an estimated $13 billion this year, an amount that does not include stock-based compensation, according to a report from CNBC. Mohan said investors think there is an “apparent lack of ongoing innovation at Apple,” but that the opposite is true.

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PYMNTS

APRIL 27, 2020

Given the massive and in many cases seismic shifts in the retail landscape because of the coronavirus pandemic, it shouldn’t come as much of a surprise that retail’s shadow side of B2B overstock sales and liquidation is also rapidly shifting.

Marketing 142

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PYMNTS

JANUARY 30, 2019

In 2009, Toys ‘R’ Us bought the brand, and it had about 40 stores across the country. In 2016, ThreeSixty Group, a company that makes and distributes toys and various other products to different retailers, bought FAO. The company has had a tumultuous run, but it’s been around since 1862.

Branding 100

Branding Retail Groups US 100

PYMNTS

MARCH 2, 2018

Beard joins Cardlytics after serving as the Nielsen Company ’s global president for Ad Solutions, Expanded Verticals and Innovation, from 2009 to 2017, where he was one of two representatives of Turner’s Ad Lab Advisory Board. Previously, Johnson held numerous senior positions at PNC.

Marketing 101

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PYMNTS

JUNE 5, 2020

It has often been said during the last several weeks that the world has seen several years’ worth of eCommerce innovations advance in about three months, due to the pressure and pivots created by the global health pandemic. Before that, it had taken roughly 10 years to grow from 6 percent in 2009 to 16 percent in 2019.

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PYMNTS

OCTOBER 10, 2017

The price of cardboard is soaring in China for fear that boxes will run out, retailers nationwide have started advertising Singles Day sales and courier services are staffing up for what is estimated to be a 1 billion delivery day. Or — as the spending figures actually indicate — a nice big present.

Retail 115

Retail Technology Branding Apple 115

PYMNTS

MARCH 16, 2016

Sometimes, even the brightest LED television screens fade away, and sometimes, the most expensive battery packs that an electronics retailer can stock end up losing their charge. Best Buy announced Tuesday (March 15) that Brad Anderson, former CEO of the organization and current member of its board of directors, is retiring from his position.

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CB Insights

FEBRUARY 13, 2020

As a result of its product innovation efforts, Stripe has seen explosive growth in product adoption and valuation. A decade of online payments innovation. A decade of online payments innovation. One key catalyst for online payment innovation was the introduction of the Payment Facilitator, or “PayFac,” in 2010.

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PYMNTS

APRIL 23, 2018

Disintermediating the established intermediaries has become something of an art form in payments and retail these days. Physical retail is being disintermediated by a host of new players using digital technologies and data that further erode their relevance. Take retail. See the Future — or Face the Inevitable. Yes, they do.

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