PYMNTS

JANUARY 8, 2021

Amazon has ended one of its first efforts to sell food online, with the eCommerce retailer closing its Prime Pantry service. Prime Pantry rolled out in 2014 and showcased an array of consumables in addition to cleaning items. In separate recent Amazon news , the eCommerce retailer has purchased Boeing wide-body airplanes.

Maine 269

Maine Retail Customer Experience Report 269

Bank Innovation

APRIL 3, 2018

Retail giant Walmart announced today the launch of a global money transfer service called Walmart2World. based money transfer service, it launched in 2014, where customers could transfer money at lower fees. The Walmart2World service is extension of its U.S.-based

Retail 250

Retail Online Innovation Lending 250

PYMNTS

NOVEMBER 29, 2019

you could be gearing up to buy gifts in store or online. In a season where tradition is key, retailers are setting new ones with the help of emerging products and services on this Black Friday. Rethinking Conventional Retail Wisdom . Shoppers weren’t done with physical retail; they just wanted something different.

Retail 151

Retail Innovation Online Meeting 151

Perficient

JULY 11, 2022

Buy now, pay later (BNPL) is a type of point-of-sale installment loan that partners with retailers to allow consumers to pay for their purchases in multiple equal payments. When online shopping, if a retailer has a partnership with a BNPL platform, the customer can choose it as their payment method when placing their order at checkout.

Fintech 474

Fintech Trends Apple South Dakota 474

PYMNTS

JUNE 19, 2019

The connected vehicle ecosystem is taking shape, and that brings new opportunities to retail. Some of the latest developments from the retail side of the ecosystem come from the world of QSRs. Domino’s had already enabled in-car ordering with Ford’s Sync AppLink back in 2014. Commerce Wave.

Retail 163

Retail Security Google Survey 163

PYMNTS

FEBRUARY 11, 2019

Retail furniture giant Ikea’s recent acquisition of handyman site TaskRabbit shows that it’s aware of competition from other online-only furniture retailers, and their push of services like installation and delivery, according to a report by Reuters. percent in 2014 and much lower than its share in Germany, at 12 percent.

Retail 128

Retail United States Online Community 128

PYMNTS

APRIL 18, 2019

Big news is in the offing for Walmart , Amazon and other chains that offer grocery ordering online – they have gotten a formal “green light” from the USDA to offer that service to recipients of the Supplemental Nutrition Assistance Program (SNAP). Reports indicate other retailers will join the program next month.

Online 126

Online North Carolina New York New York City 126

PYMNTS

MARCH 11, 2019

With a rise in discretionary spending and building materials purchasing, retail sales in the U.S. At the same time, however, it was noted that retail sales fell by 1.6 During the month, mail-order and online retail sales notched their largest gain as of December 2017 at 2.6 increased by 0.2 percent in January.

Retail 116

Retail US Survey Report 116

PYMNTS

FEBRUARY 6, 2019

Apple announced that its retail chief, Angela Ahrendts, is stepping down, while Deirdre O’Brien is taking on an expanded role as senior vice president of Retail + People. She joined the company in 2014 from Burberry Group, and was in charge of revamping Apple’s stores and boosting employee morale.

Retail 122

Retail Apple Leadership Community 122

PYMNTS

JANUARY 16, 2020

Close the door and buckle up – retail automotive sales are getting an upgrade. For instance, online marketplace and auction site eBay has released eBay Motors, a new app that uses AI to list a car in under five minutes, according to a report by The Verge. million vehicles were purchased in 2014. for both iOS and Android.

Retail 131

Retail Detroit Video Online 131

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.

Retail 133

Retail Millennials Online Innovation 133

PYMNTS

JANUARY 14, 2020

Listen closely to recent news — including news coming out of the ongoing NRF retail show in New York City — and you’ll hear ample talk about omnichannel commerce. It became clear that we shared the same vision of how technology can improve local retail businesses. “It The acquisition comes amid increasing focus on omnichannel retail.

Google 131

Google Retail New York City Online 131

PYMNTS

MAY 8, 2020

It was also the first platform to introduce a cashback service for online shopping and recently added support for Swipe’s cryptocurrency Visa cards. Growth is being fueled in part because more retailers are participating. For example, when Apple Pay launched in 2014, it was accepted by just 3 percent of merchants.

Samsung 230

Samsung Management Cards Regional 230

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

Bank Innovation

JUNE 23, 2016

Launched in 2014, Ant Financial Read More. Lucy Peng, CEO, Ant Financial Ant’s latest fundraising round – the largest ever anywhere – of $4.5 billion, and its overall valuation of more than $60 billion, have turned the Alibaba spinoff into one of the most valuable private tech companies in the world.

Innovation 284

Innovation Company social media Operations 284

PYMNTS

DECEMBER 21, 2020

Bolt was founded in 2014 in San Francisco and works on tools to streamline web transactions. Retail Index showed that this accelerated the digital shift by five years, with eCommerce transactions for grocery orders alone hitting $5.9 Data from the IBM U.S. billion, the report says.

San Francisco 245

San Francisco Innovation Fraud Capital 245

PYMNTS

DECEMBER 8, 2016

This holiday season, consumers are boosting their expectations when it comes to their eCommerce retail. Cloud-based operations solution provider Voxware released consumer survey data that points to the increased standards consumers are holding online retailers to during the 2016 holiday shopping season. percent in 2014.

Retail 100

Retail Survey Online Study 100

PYMNTS

MAY 22, 2020

Having previously identified the region’s growing eCommerce market and given the traction witnessed by clients (going) online due to the pandemic, we are on track for the scheduled opening by the end of 2020.”. DCC is the first eCommerce free zone to foster retail growth in the Middle East and North Africa (MENA) region.

Regional 266

Regional Taxes Groups Technology 266

Bank Innovation

JULY 6, 2016

Back in 2014, Stripe confirmed that it was working with Facebook on a “Buy” button for the social media giant. From Recode: Facebook first began testing a “Buy” button within the News Feed in July [2014], and payments startup Stripe has been tasked Read More. Whatever happened to the “Buy with Facebook” button?

social media 240

social media Payments Google Online 240

PYMNTS

AUGUST 12, 2019

Subscription commerce is attractive to entertainment platforms as well as retail businesses because it locks in revenue streams, and customer data can help with planning and forecasting. Subscription commerce isn’t immune to the retail data breaches that have become widespread, though it does have different payment issues.

Retail 118

Retail Video Security Software 118

PYMNTS

AUGUST 31, 2018

That arguably describes the recent acquisition of Seattle-based Blueprint Registry , an online universal gift registry, by David’s Bridal , the privately held wedding retail chain that traces its roots back to the first years after World War II. The retailer has a $520 million term loan due in Oct. When in doubt, bet on digital.

Online 100

Online Retail Seattle Industry 100

PYMNTS

JUNE 26, 2020

Founded in 2014, it was valued at $3.2 If it closes, the deal would represent Amazon’s second-biggest acquisition since the 2009 purchase of online shoe retailer Zappos for $1.2 Last year, Amazon participated in a $530 million funding round for autonomous technology firm Aurora Innovation. billion four years later. “We

California 259

California Course Technology Report 259

PYMNTS

AUGUST 12, 2019

Among the ongoing trends in retail is the funding for online used car platforms, and the ongoing rise of eCommerce and digital payments in Latin America. Consumers who want to sell their cars via that platform reportedly seek an online price estimate. “If The latest evidence of that comes via Japan-based SoftBank. The reasons?

Trends 115

Trends Online Report America 115

PYMNTS

JULY 25, 2019

Recent days have brought new evidence of the importance of robust loyalty and rewards problems in retail, an areas of ongoing innovation, and a way for merchants of all types to stand apart in a fiercely competitive industry. Retail Card Programs. The move adds to Trax’s stable of retail tech.

Retail 132

Retail Cards Mobile Video 132

PYMNTS

SEPTEMBER 21, 2018

Walgreens Boots Alliance and Alibaba Group Holding have announced the launch of a Boots flagship store on Tmall Global , Alibaba’s B2C platform for international brands and retailers. The partnership will offer Boots beauty brands to more than half a billion consumers in China, including No7, Soap & Glory and Boots Cucumber.

Branding 175

Branding Retail Groups US 175

PYMNTS

OCTOBER 26, 2017

In 2014, Overstock launched Medici Ventures, which manages the online retailer’s work in blockchain, CNBC stated, and has majority ownership of tZERO. You’re not paying anything for blockchain, and you’re getting retail at a steep discount, [and] I think the stock’s going to go to $100.”. Medici reported a loss of $3.3

blockchain 190

blockchain cryptocurrency Bitcoin Retail 190

Bank Innovation

OCTOBER 19, 2017

EXCLUSIVE – Banking keyboard app, PayKey closed a $10 million Series B funding round today bringing the fintech’s total investment to $16 million since its establishment in 2014. The funding will be used to fuel the company’s growth strategy in the Asian market, Daniel Peled, CEO and Co-Founder of PayKey told Bank Innovation. “We

Strategy 270

Strategy Innovation Marketing Google 270

PYMNTS

MARCH 3, 2020

The business of fashion shows is struggling this week, but fashion retailing is not. Most Parisian shows were streamed online, including Chanel, which outfitted models with logo-clad velvet surgical masks. “I However, Imajo said the effect will be tempered by online exposure. It has 12 items from MINJUKIM on its website.

Branding 230

Branding Online New York Video 230

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

OCTOBER 15, 2018

In 2018, the term can now be more legitimately used to define the portion of consumer spend and overall retail sales Amazon now captures given the expansion of its ecosystem. Bureau of Labor Statistics data from 2014 to 2017. That share of overall retail spend has tripled over the last four years — growing from a 2.2 Amazon’s 2.1

Retail 198

Retail Online Analysis Data 198

PYMNTS

APRIL 26, 2018

A New York senator has proposed legislation that would make retail banking services available at all 30,000 U.S. As for the post office, the idea to make retail banking services available at locations was first brought up in a report from the Office of Inspector General in January 2014. Postal Service locations nationwide.

Retail 119

Retail Lending New York Community 119

PYMNTS

JUNE 7, 2018

The goal for all retailers is, of course, to deliver an excellent experience, both online and in stores, and to find ways for those disparate experiences to mesh seamlessly with one another. The Swedish furniture retailer seems to be making the opposite transition. IKEA is slowing the growth pace it has sustained in the U.S.

Retail 122

Retail Customer Experience Branding Comparison 122

PYMNTS

MARCH 6, 2020

The typical American household spends $65,960 per year, the largest share of which goes toward retail spending — 30.8 percent of total consumer retail sales as of 2019 and nearly half (49.4 eCommerce retail sales. In 2014, Amazon’s U.S. gross retail sales were $86 billion. In 2014 Walmart controlled roughly 9.1

Retail 192

Retail Seattle Marketing Data 192

PYMNTS

OCTOBER 10, 2019

percent from 2014-2019. Amazon’s plan for one-day Prime delivery is further burdening logistics providers and retailers. Urban developers confront “competition with other uses such as retail, multi-family apartments, offices and mixed-use developments that generate higher taxes and higher rents,” Walaszek added. percent from 11.3

Online 116

Online Industry Taxes Retail 116

PYMNTS

SEPTEMBER 16, 2016

A study conducted by Pew Research Center shows that 92 percent of teenagers use the internet daily, and 24 percent of teens are online “almost constantly.”. Among teens, Amazon is the most popular retailer, with 41 percent of teenagers favoring the eCommerce giant for online purchases (up from 31 percent in spring 2014).

Retail 100

Retail Video Study Meeting 100

PYMNTS

JANUARY 3, 2019

Overstock , the online retailer and blockchain company, announced Thursday (Jan. Paying taxes via bitcoin is not the first milestone for the online retailer, which is morphing into a leader in blockchain technology and cryptocurrency. company to pay state taxes in bitcoin.

Ohio 177

Ohio Taxes Bitcoin cryptocurrency 177

PYMNTS

MAY 29, 2020

Both Walmart and Amazon made some big add-ons and/or acquisitions this week as they attempt to widen their sphere of retail influence in a post-pandemic world. Accounts can be opened online or via a starter kit at a brick-and-mortar Walmart location’s Money Center. The retailer had been negotiating with ThredUp for about a year.

Retail 131

Retail Capital Online Management 131