PYMNTS

JUNE 20, 2019

No, that doesn’t mean that PYMNTS takes sides in the struggle for retail supremacy, but only that we like to note when someone or some organization mounts a challenge to the eCommerce and logistical behemoth. High-End Retail. The battle for Amazon retail supremacy also involves pets. Here’s some news: Amazon is not unbeatable.

Retail 125

Retail Innovation Online Taxes 125

PYMNTS

JUNE 7, 2019

Single consumers are a force of nature as well when it comes to retail. Single people, often neglected by many retailers – at least based on complaints and stereotypes found online – seem to be getting fresh attention in this era of online and mobile shopping, and shopping clubs. Take Costco, for instance. Big Growth.

Retail 133

Retail Millennials Online Innovation 133

PYMNTS

APRIL 8, 2016

Online retail is known for moving fast, and sometimes, the execs pulling all the levers behind the scenes move even faster. Walmart confirmed on Thursday (April 7) that Brian Monahan, formerly the head of marketing for the retailer’s U.S. online operations, had vacated his post effective April 1.

Online 100

Online Conference Boston Retail 100

PYMNTS

APRIL 24, 2019

Brazilian retailer Magazine Luiza has announced that it will be selling books online, which could be picked up in one of its almost 1,000 stores. The company is aiming to compete directly with Amazon , which launched its online Brazilian operations in 2012.

Retail 108

Retail Taxes Online System 108

PYMNTS

MAY 8, 2017

At the ripe old age of 120, the Swiss Army knife holds a unique place in retail. Now, the idea of an Amazon Echo with a touchscreen is not exactly new — it was reported in November 2016 that mega e-retailer Amazon was working on such a device — whose code name is said to be the Amazon Knight. Many of whom are also named Karl.

Retail 124

Retail Branding Online Tools 124

PYMNTS

FEBRUARY 2, 2017

It’s well known that Amazon has dominated the eCommerce market for years, but a new report shows just how much: Slice Intelligence found that Amazon accounted for 43 percent of all online sales in 2016. percent in 2012. percent in 2012. retail sales.

Online 100

Online Retail Report Examples 100

PYMNTS

FEBRUARY 21, 2020

Upon releasing its latest earnings, LendingClub , known up until now for its personal loans delivered through its online platform, said it had struck a deal to buy Radius Bancorp. The $185 cash and stock deal would bring an online bank with $1.4 Home sales were up 34 percent in the month, the best showing since 2012.

Digital Banking 224

Digital Banking Conference Samsung Fintech 224

PYMNTS

MAY 22, 2020

An initial explosion of online orders left Amazon overwhelmed, forcing the company to temporarily reprioritize its operation toward mostly delivering key household items. The pandemic has been a boost to online gaming, as consumers are both buying more games and subscribing to services more often to play together.

Retail 158

Retail Online Video Branding 158

PYMNTS

JANUARY 7, 2020

Although earlier reports of a retail apocalypse were overstated at first, the latest statistics seem to indicate “that the scales may have tipped,” said Barbara Denham, senior economist at Reis. Data from Coresight shows that 9,300 stores shuttered in 2019, the most since 2012, the first year the information was tracked. 24 were up 3.4

San Francisco 162

San Francisco Indianapolis Texas Retail 162

PYMNTS

JANUARY 13, 2021

Affirm , which provides installment payments to online consumers, priced its planned initial public offering (IPO) at $49 per share, higher than its marketed range of $41 to $44 per share, and is on track to raise over $1.1 billion, Bloomberg reported. The information comes from anonymous sources quoted by Bloomberg. million shares.

Online 200

Online Report Marketing Capital 200

PYMNTS

MAY 4, 2018

Sears Holdings has announced that it has expanded its leasing program so that customers can easily finance a variety of products, both in-store and online. There is also an online estimator tool to help members estimate their payment with different payment schedules and lease amounts.

Puerto Rico 101

Puerto Rico Online West Virginia Vermont 101

PYMNTS

SEPTEMBER 14, 2018

But the excitement — high drama — warm-up commerce run is now over, and the main event is underway as Florence — and Florence is forecast to be the worst storm of its kind to hit North Carolina in nearly 64 years — is expected to have major effects on retail sales, employment and real estate in the state for a long time after the winds stop blowing.

Retail 135

Retail North Carolina Puerto Rico Houston 135

PYMNTS

FEBRUARY 27, 2019

One cannot have the good without the bad, and that holds especially true, it seems, with online product reviews — a vital, useful part of eCommerce that is reviled by consumers, marketplace sellers and merchants alike. Talk to any online shopper, merchant or marketplace third-party seller. It comes from the U.S. FTC Penalty.

Online 108

Online San Francisco California Operations 108

PYMNTS

MAY 12, 2020

A survey by the National Community Pharmacists Association last fall found the number of independent pharmacies fell by nearly 20 percent to 18,478 stores last year, down from 23,029 in 2012. For those retailers that remained open, owners told researchers their store’s financial health was poor.

Survey 200

Survey California Taxes Online 200

PYMNTS

AUGUST 12, 2016

That question has become the bane of eCommerce’s existence and one that numerous retailers have been trying (and failing) to solve. In 2014 alone, about $4 trillion in merchandise was simply abandoned and never purchased in online shopping carts by consumers. What’s going on here? cart abandonments.”.

Online 100

Online Apple Mobile Retail 100

PYMNTS

FEBRUARY 20, 2020

Lucaciu is the chief technology officer of Adore Me , an eCommerce and brick-and-mortar retailer that has adjusted to disruptive changes in its market, including the bankruptcy of the parent company of Victoria’s Secret. Since it was founded in 2012, the company has grown to a team of 140 employees across the U.S.

UX 210

UX Retail Technology Mobile 210

PYMNTS

DECEMBER 26, 2019

Overall retail sales reflected record-high numbers this holiday season – at least in online shopping, Mastercard reported. Even with sluggish sales at physical stores, total retail numbers were near $880 billion, up 3.4 Even with sluggish sales at physical stores, total retail numbers were near $880 billion, up 3.4

Retail 132

Retail New York Online Meeting 132

PYMNTS

OCTOBER 21, 2019

Brick-and-mortar retailers, as well as online merchants, are offering consumers all sorts of products and services through the subscription business model, from movies to tea. Subscription companies based in the Asia-Pacific, Europe and North America experienced more than 300 percent growth in subscription sales from 2012 to 2019.

Innovation 109

Innovation Retail Las Vegas Payments 109

PYMNTS

FEBRUARY 3, 2017

While online commerce has allowed eRetailers to source consumer data and to deliver targeted, personalized advertisements, physical retail has often lacked these capabilities. Los Angeles-based tech company Bridg is closing the loop for brick-and-mortar restaurants, and soon for retailers, by providing them with key consumer insights.

Retail 100

Retail Marketing Los Angeles social media 100

PYMNTS

OCTOBER 23, 2017

Affirm was founded by Max Levchin in 2012 to help to remedy that merchant-consumer relationship by giving online shoppers an alternative to traditional credit cards and retailer-branded installment loans when shopping online.

Online 129

Online Mobile Branding Lending 129

PYMNTS

NOVEMBER 2, 2020

Today, the “membership has its privileges” mantra is at the core of the latest face-off between the two retail behemoths vying for an increasing portion of consumer spend: Walmart and Amazon. The Prime, Plus Membership Face-off: In-store Versus Online. A PYMNTS study of a census-balanced sample of 2,165 consumers conducted Oct.

Millennials 246

Millennials Retail Online Report 246

PYMNTS

MAY 7, 2020

Valued at $190 million two years ago, Deliv has raised $85 million in venture capital since its founding in 2012, according to PitchBook Data Inc. The survey also revealed 39 percent of consumers shop for retail goods online more often than they did on March 6, the first day of the study, and that continues to climb — up 10.5

Google 177

Google Survey Capital California 177

PYMNTS

MARCH 9, 2016

Everybody likes to talk about the addiction that brick-and-mortar retailers have developed for deep, and often destabilizing, discounts, and they usually point to store closings and executive board shakeups at Macy’s and other chains as clear proof of these practices’ consequences. Still, the label indicates that the $99.99

Retail 100

Retail Online New York Video 100

CB Insights

FEBRUARY 13, 2020

As businesses and consumers become more comfortable using credit cards online, the proportion of US commerce that takes place online has steadily increased over the last 20 years. Specifically, the Collisons aimed to more seamlessly connect online businesses and payment processors, allowing more businesses to accept online payments.

Online 98

Online Company Retail Payments 98

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. The challenge for the last year has just been educating our customer base.

Retail 100

Retail Apple Fraud Online 100

PYMNTS

AUGUST 27, 2018

It’s a good time to be a retail chain. Retail Ascent. Retail is on the ascent. In July, retail sales increased 0.5 Economists had only forecasted retail sales going up 0.1 percent, online and mail-order retail sales increased 0.8 Retailer Woes. Yeah, really. percent, and grew 6.4

Retail 100

Retail Los Angeles Milwaukee Chicago 100

Bank Innovation

JUNE 21, 2016

Since 2012, it has been the fastest growing technology in banking. That’s the word out of Digital Banking 2016 here, where bankers outnumber entrepreneurs (but not vendors). The mobile banking app traces its roots to SMS banking back in 1999. But it comes with Read More.

Digital Banking 199

Digital Banking Mobile Technology Operations 199

PYMNTS

AUGUST 17, 2016

Pixlee , a San Francisco-based startup, allows retailers or brands to market directly to customers by using their own photos through curating them from social media or having the customer directly submit them for use, which the company says leads to a more authentic and engaging shopping experience for consumers.

San Francisco 100

San Francisco Retail social media Marketing 100

PYMNTS

JANUARY 6, 2020

Founded in 2012, Honey has grown from an eCommerce price-tracking tool to an expanded suite of services that include a shopping assistant and rewards program. With roughly 17 million active users each month and 30,000 diverse online retailers, Honey has delivered some $1 billion in savings to shoppers in the past year.

Los Angeles 148

Los Angeles Tools Retail California 148

PYMNTS

JANUARY 14, 2020

Open-air shopping centers – also called strip malls or strip centers – are replacing malls as retail juggernauts, offering necessities like grocery stores, hair salons and dentists, The Wall Street Journal reported on Tuesday (Jan.14). Strip shopping centers are usually smaller than malls, and appeal to stores seeking more visibility.

Missouri 153

Missouri New York Michigan Florida 153

PYMNTS

OCTOBER 6, 2017

The retail game has evolved so much over the last half decade that, in some ways, it might be unrecognizable to a traveler who somehow found herself on the wrong side of a time warp and now entering 2018. Stitch Labs’ unique insight on what retailers need comes from the company’s roots. The answer, surprisingly, might be by doing less.

Retail 109

Retail Fraud Customer Experience Management 109

PYMNTS

SEPTEMBER 24, 2018

Lease-to-own services are making a comeback with eCommerce retailers. The option, provided by Progressive Leasing , allows customers to lease products for as long as a year and is available for over three million products on the retailer’s website. Progressive Leasing, a division of Aaron’s Inc. , Modern Takes On Lease-To-Own.

Puerto Rico 176

Puerto Rico West Virginia Vermont Wisconsin 176

PYMNTS

MARCH 2, 2017

Over the past decade, foot traffic in retail outlets has seen a decline. With the growing trend of consumers buying more of their products online, this shouldn’t come as a surprise. As eCommerce continues to grow, warehouse development has increased in tandem.

Retail 100

Retail National Trends Marketing 100

PYMNTS

MAY 13, 2016

With traditional brick-and-mortar retail facing big problems , some chains are addressing them with small solutions. Is this a viable answer to the beating that Sears’ bottom line (and that of many other one-time stalwarts of brick-and-mortar retail) have been taking in recent years? Specifically, with small(er) stores.

Retail 100

Retail San Diego Los Angeles Colorado 100

PYMNTS

SEPTEMBER 17, 2020

The privately-held FinTech was founded in 2012 as an installment loan provider for shoppers to finance a purchase. Shopify offers a subscription software service that provides an eCommerce platform for online stores and retail POS systems. 17) in a press release , bringing its total funding raised to more than $1.3 million U.S.

San Francisco 178

San Francisco Fintech Maryland Capital 178

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.

Retail 100

Retail Branding Denver Management 100

PYMNTS

FEBRUARY 23, 2017

Founded in Singapore in 2012, the company’s solutions are used today by major digital retailers such as Rakuten and ASOS to simplify product searching for some 250 million daily active users. AI technology startup ViSenze creates digital image search solutions built on deep learning and computer vision capabilities.

United States 136

United States Millennials Retail Capital 136