PYMNTS

NOVEMBER 28, 2016

Layoffs in the retail sector have soared high this year. The number of layoffs has already well surpassed April’s projection of 37,000 retail positions cut by year’s end. The retail sector lost over 43,600 jobs as of mid-August alone, a number already towering over the 30,273 retail jobs shed back in 2010 and previous estimates.

Retail 100

Retail Innovation Technology Trends 100

PYMNTS

DECEMBER 15, 2017

Retail isn’t all about taking people’s money. Yet luxury brands have been slower than most other retailers to embrace digital innovation – for storytelling or for anything else. To provide the customer service that is demanded by discerning customers today, she said, retailers absolutely must be on those platforms.

Retail 129

Retail Branding Mobile Tools 129

PYMNTS

JUNE 3, 2016

These days, retail merchants must reach customers, both in-store and online, securely and conveniently. According to Dasilva, the past decade-plus has brought three major payments revolutions, each of which shook the retail industry. There’s increasingly less middle ground between getting omnichannel right or fading into oblivion.

Retail 100

Retail Apple Fraud Online 100

PYMNTS

MARCH 2, 2020

Observers recall similarities to the SARS outbreak in 2003, which they say ignited China’s online retail sales, and expect a similar spike and continued upward surge. Deal volume surged in 2010 as 3,277 deals were made, with a 19 percent increase in dollars raised and a 12 percent increase in deals done over the prior period.

Innovation 281

Innovation Online Video Maine 281

PYMNTS

AUGUST 1, 2016

Few harbingers of the future have managed to unsettle so many in retail as the advent of automation. To a pundit, it spawns examples of doomsday-esque predictions about the end of labor as we know it – but a new study could turn all that on its head.

Retail 100

Retail Study Resources Examples 100

Bank Innovation

FEBRUARY 6, 2019

In 2010, when Patrick Collison founded Stripe Inc. with his younger brother John, he thought the world was headed toward ever-increasing globalization, economic stability and international commerce. Now, based on the events of the last couple years, no one holds “so Panglossian a view,” said the 30-year-old chief executive officer.

Operations 170

Operations Google Capital Online 170

Bank Innovation

DECEMBER 6, 2018

Digital media usage has nearly tripled since 2010, with the prevalence of smartphones responsible for more than 90% of this growth. The face of banking and financial education has changed how we market in the course of a few short years. Smartphones have become the device of choice for well over half of digital media […].

Millennials 170

Millennials Marketing Trends Mobile 170

PYMNTS

MARCH 30, 2020

customers can use to leverage funds stored in their crypto wallets for in-person retail payments. Merchants accepting debit payments before 2010 were stuck routing the transactions over whichever networks were associated with their customers’ cards. Trading platform CoinDeal recently announced a forthcoming debit card that U.S.

Cards 165

Cards Security cryptocurrency Payments 165

PYMNTS

JANUARY 15, 2018

It also explains why some innovations in payments have been met with open arms by consumers and others given the cold shoulder. In fact, we’re seeing it happen in a variety of retail, banking and broader commerce pilots and prototypes today. And, they haven’t seen enough of a reward to commit to continuing. Here’s why.

Innovation 109

Innovation Payments Google Training 109

PYMNTS

AUGUST 15, 2019

The “online version of a payments terminal” was how the media portrayed Visa ’s acquisition of CyberSource in 2010. At the turn of the 2010s, online commerce was roughly a tiny 4 percent of all retail sales, but growing at nearly a 15 percent annual clip. And very nascent it was.

Payments 207

Payments Online Tools Retail 207

PYMNTS

MAY 6, 2019

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. In 2010, spending on virtual goods inside those games and others like it – on and off the Facebook platform – was estimated at $15 billion, $1.6

Innovation 209

Innovation blockchain Payments cryptocurrency 209

PYMNTS

MAY 12, 2016

What goes up must come down, and considering the rapid pace of innovation in retail today, it shouldn’t be too much of a surprise that plenty of once-thriving brands are finding themselves speeding toward hard landings instead. Not every retailer had the rug pulled out from under them over the last week. Bankruptcies.

Retail 100

Retail Branding Marketing New York 100

PYMNTS

JUNE 13, 2017

Before bareMinerals was a household name in cosmetics – its parent, Bare Escentuals , was a smallish bath and body retailer with an unusual product that had a small problem. Japan’s largest cosmetics company in 2010 , and Blodgett has moved on from the position of CEO.

Retail 100

Retail Branding Video Leadership 100

PYMNTS

NOVEMBER 8, 2016

The line was offered exclusively online until 2010 when J.Crew opened a bridal boutique on Madison Avenue in New York City. J.Crew spokeswoman Margo Fooshee told Bloomberg in an email that the retailer will change their focus to “what women like to wear to someone else’s wedding, versus what they would wear to their own.”.

New York 159

New York New York City Retail Online 159

PYMNTS

JUNE 15, 2020

Innovators with better tech will appear and — literally overnight — snatch your customers out of your calcified incumbent arms and build scale, they say. Especially if any of those innovations touched the physical world. These innovations would usher in digital’s 2.0 shift, starting in about 2009 and 2010. Digital’s 2.0

Innovation 214

Innovation Mobile Capital Operations 214

PYMNTS

MARCH 24, 2016

If Nordstrom is looking to strengthen its eCommerce capabilities, the retailer certainly looked to the right place in a recent hire. In announcing Srinivasan’s hiring, shares CSA, Nordstrom highlighted its new CTO’s experience developing “highly innovative customer-focused outcomes” and cloud expertise.

User Experience 100

User Experience Retail Technology Software 100

Perficient

NOVEMBER 21, 2024

This effort carries out the personal financial data rights established by the Consumer Financial Protection Act of 2010 (CFPA). After all, to remain competitive and compliant, financial services firms must innovate in ways that add business value, meet consumers’ evolving expectations, and build trust.

Compliance 221

Compliance Data Cards Meeting 221

PYMNTS

OCTOBER 22, 2016

It used to be: “Why are you so focused on innovation and what’s next? We can’t lay claim to making payments innovative and a topic of global conversation, but we can lay claim to consistently — and uniquely — telling the stories of how that innovation is changing, disrupting or transforming our world and who’s driving those changes.

Innovation 100

Innovation Course Mobile Google 100

PYMNTS

OCTOBER 22, 2016

It used to be: “Why are you so focused on innovation and what’s next? Payments may not have been an obvious choice for a window in the world of innovation in 2009 – since most consumers and businesses thought of payments as more or less as generic utility like electricity – and more or less infrastructure. Don’t believe us?

Innovation 100

Innovation Course Mobile Google 100

PYMNTS

AUGUST 22, 2018

We operate the only truly global luxury digital marketplace at scale, seamlessly connecting brands, retailers and consumers. We are redefining how fashion is bought and sold through technology, data and innovation.”. Later in the filing, the company stated, “We are a technology company at our core.”. Within that, how much is online?

Online 101

Online Retail Branding Data 101

PYMNTS

MAY 4, 2020

Mastercard’s European businesses cater to more than 950 million people via business partnerships with retailers, financial institutions (FIs) and other companies. He added that he is eager to build on the company’s ideology to “drive new technology and innovation” and to be the “partner of choice.” .

Operations 141

Operations Regulation Regional Retail 141

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.

Innovation 74

Innovation San Francisco Technology Georgia 74

PYMNTS

FEBRUARY 24, 2020

One of the most important innovations in history is the pendulum clock, which was invented in 1636 by Christiaan Huygens , a Dutch scientist and founder of the field of mathematical physics. Enabling people to use their scarce time more efficiently has been at the core of many disruptive innovations throughout history.

Innovation 209

Innovation Study Mobile Online 209

PYMNTS

DECEMBER 10, 2018

Analysts at the time called this product “an historic opportunity” to bolster the merchant’s “corroding bottom lines,” and innovators rushed to build new applications to help them seize it. Just like 2010, with the launch of ISIS, aka Softcard , and its merchant-friendly mobile payments scheme. And what was the product?

Branding 184

Branding Cards Payments New Jersey 184

PYMNTS

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

Leadership 101

Leadership Customer Experience Branding America 101

PYMNTS

JANUARY 15, 2020

Banks will be able to offer the new solutions directly to their own customers or use Raisin’s platform to reach all potential retail consumers. Headquartered in Spain, Choice FS was founded in 2010 as a software solution to help banks and credit unions (CUs) customize deposit accounts. platform,” said Raisin U.S. CEO Paul Knodel.

Fintech 131

Fintech US Software Retail 131

PYMNTS

DECEMBER 20, 2018

26 ,with products from the eCommerce operator averaging nearly 14 percent lower than competing retailers including Walmart and Target, according to an analysis from Profitero. months in the period of 2008 to 2010 to only 3.7 More Pricing Changes. For instance, Informed.co months in the period from 2014 to 2017.”

Software 157

Software Retail Analysis Online 157

PYMNTS

JANUARY 29, 2019

Not bad for a firm that in 2010 controlled only 1 percent of the market. Instead of offering consumers the cheapest possible version of what was already out there, Shark and Ninja products would focus on innovation — and attracting consumers with new and improved versions of products designed to assist them in their everyday life.

Marketing 129

Marketing Branding Massachusetts United States 129

PYMNTS

MAY 28, 2019

So much starts with coffee – mornings, political ads, artistic movements, advances in QSR retail – and that dictum could hold true with robots, at least the next generation of robots that promise to be powered by 5G technology. That’s the hype, in any case, but early signs are going a long way toward supporting such ideas. Robots and Coffee.

America 173

America United States Technology Industry 173

PYMNTS

MAY 11, 2020

If you look at most major innovations, for example, they diffuse slowly and seem to take longer than anyone expected. percent since 2010. A lot came together at the end of the 2010s, which made me believe that we were actually at an inflection point for the connected economy. Sometimes it can be both, depending on the business.

Innovation 192

Innovation Online Maine Course 192

Celent Banking

FEBRUARY 26, 2015

Consider three articles published in the past week: Bank Innovation covering Associated Bank branch closures to fund digital channel initiatives. For starters, retail banks serve a diverse market with diverse needs and preferences. Between 2000 and 2010, US bank branch density grew from 230 to 270 branches per million.

FDIC 100

FDIC Retail Digital Banking User Experience 100

PYMNTS

JULY 7, 2016

Don joined Kount as the Director of Marketing in October 2010 and became Vice President of Marketing in December 2012. Karen Webster is one of the world’s leading experts on payments, commerce and retail innovation and a strategic advisor to CEOs and Boards of multinational players in those sectors. VP of Marketing at Kount.

Innovation 101

Innovation Tools Marketing Study 101

PYMNTS

FEBRUARY 14, 2020

The anecdotal evidence is there, dotting the landscape across fashion firms, tech firms and retailers. Wells Fargo has warned that big-box retailers in the U.S. — Those companies have been asked to turn over documents to the FTC related to acquisitions spanning 2010 to 2019.

Apple 130

Apple Retail Report Fraud 130

PYMNTS

MAY 5, 2017

Most recently, the online retail giant announced plans to open a new Research & Development (R&D) center in the U.K. Since 2010, Amazon reports investing some $8.3 “By the end of this year, we will have more than 1,500 innovation-related roles here in Britain,” Doug Gurr, U.K. billion in its U.K. operations.

Video 109

Video Technology Operations Retail 109

PYMNTS

MARCH 9, 2018

In addition, the retailer is expanding its brick-and-mortar portfolio and is aiming to have approximately 100 stores in the U.S. Warby Parker currently has 64 stores in markets the retailer carefully chose. We think the presentation by retail experts of ‘either [online] or [offline]’ is a false choice,” Blumenthal told CNBC. “It

Delaware 102

Delaware New York Retail Online 102

PYMNTS

MARCH 2, 2018

Here are the numbers: $1 billion | Expected value of the overall kiosk market by 2021, according to PYMNTS’ most recent Kiosk and Retail Report , a USA Technologies collaboration. The report studies trends in the unattended retail category, especially kiosks’ rise across many industries. million | Number of U.S.

Data 101

Data Fintech Study Capital 101

PYMNTS

NOVEMBER 25, 2017

And yet, for all the newness and newfangledness of toy innovation, it is remarkable how many of the classics are still not only available, but thriving. The doll sold for $302,500 at auction in 2010. The Lego set retails for about $350. Braille printers retail for around $2,000 online.

National 179

National Branding Connecticut Video 179