PYMNTS

DECEMBER 30, 2019

According to a study by the Center for Retail Research (CRR), More than 2,750 jobs were lost every week — about 61 every working day. The study also said that without further government intervention, job losses in retail could hit 171,000 next year. Retail is still the U.K.’s Joshua Bamfield, director of the CRR.

Retail 132

Retail Study Taxes Groups 132

PYMNTS

JUNE 27, 2019

These retail models cater to customers who are on the go by offering seamless experiences and convenient payment methods. Such locations can be critical in expanding retail options for smaller cities and towns, too, and staff-free grocery store Farmhouse Market seeks to do just that for consumers in New Prague, Minnesota.

Operations 105

Operations Minnesota Security Policies 105

PYMNTS

AUGUST 1, 2017

To say direct-to-consumer retail practices have had an impact on the manufacturing industry would be an understatement. With eCommerce a major proponent of the direct-to-consumer (DTC) channel and showing no signs of slowing down, the retail industry landscape has been forever changed.

Industry 120

Industry Retail Study Technology 120

PYMNTS

DECEMBER 28, 2016

Activewear brand Fabletics , which was co-founded by Kate Hudson in 2013, announced plans for a retail expansion across the U.S. The once pure play eCommerce business will open 12 new physical locations next year, adding to the 18 existing Fabletics locations that began launching in the Fall of 2015.

San Diego 190

San Diego San Jose San Francisco Indianapolis 190

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

DECEMBER 30, 2016

This year has been big for retail — big on change, innovation and some surprises along the way. Consumers flocked to online and mobile commerce , robots rose in food and consumer goods , and brick-and-mortar stayed relevant with retail experimentation — pop – ups , flash sales , store-in-store and showrooms.

Retail 123

Retail Online Customer Experience Trends 123

PYMNTS

JANUARY 16, 2020

Close the door and buckle up – retail automotive sales are getting an upgrade. The app is a replacement for the previous eBay Motors app, which was discontinued in 2015, and it is available in the U.S. The app is a replacement for the previous eBay Motors app, which was discontinued in 2015, and it is available in the U.S.

Retail 131

Retail Detroit Video Online 131

PYMNTS

OCTOBER 30, 2020

Under Armour acquired the business for $475 million in 2015. Patrik Frisk, president and CEO of Under Armour, told The Baltimore Sun that the company is focused on returning to profitability and is planning to invest in eCommerce and company-owned retail outlets. . The deal is valued at up to $345 million.

Baltimore 219

Baltimore Maryland Regional America 219

PYMNTS

JULY 30, 2019

One of the biggest retail stories as we head into 2020 is how India is a battlefield of digital commerce, along with a hotbed of retail innovation. The eCommerce retailer is said to be working with Catamaran and has started hiring workers for the operation per unnamed sources, Reuters reported. Amazon’s Moves.

Retail 108

Retail social media eBook Report 108

PYMNTS

JUNE 13, 2018

Amazon is replacing some of its retail veterans with software that predicts what shoppers want and how much merchants should charge for it. The shift to automating retail team jobs started several years ago with an initiative called “hands off the wheel.”

Software 108

Software Retail Branding Management 108

PYMNTS

FEBRUARY 7, 2020

Warehouses, though still manually operated, are in need of more automation and robotics technology to accommodate the massive challenges and demands created by the prevalence of online platforms. Nike, through the new partnership, aims to introduce more robots to help speed up their operations.

blockchain 195

blockchain Operations Apple Online 195

Chris Skinner

JUNE 22, 2017

After my blog yesterday, about banks having to move from being control freaks in a proprietary operation building everything to becoming collaborative partners in an open marketplace curating everything, I was asked: “how do you make money out of curation?” It is also doubling year-on-year. billion in total. billion to UK consumers.

Lending 228

Lending Examples Marketing Retail 228

PYMNTS

OCTOBER 14, 2016

Alibaba is warning China’s retailers that it plans to revolutionize the nation’s retail sector. According to Internet Retailer , in a letter to shareholders sent on October 13, CEO Daniel Zhang outlined plans to make product manufacturing, distribution and service more efficient by “upgrading” traditional systems and processes.

Retail 100

Retail Data Big Data Resources 100

PYMNTS

JANUARY 31, 2020

In a new PYMNTS interview, David Roger, co-founder & CEO of Felix Gray , a direct-to-consumer (DTC) eyewear seller that is also trying to tap into broader wellness trends, talks about what’s coming next for this particular brand of online retail, and why Amazon may — or may not — get more involved. But it’s a double-edged sword.”.

Retail 116

Retail Branding Trends Operations 116

PYMNTS

AUGUST 7, 2019

Those two retail trends have recently collided in Southeast Asia, where Carro, an automotive marketplace and financing provider, reportedly has bought Jualo, an online marketplace for used goods from some 300 product categories. The deal is not the only recent news involving the online retail sales of automobiles. Retail Waste.

Online 112

Online Retail Trends New York 112

PYMNTS

NOVEMBER 24, 2017

In the retail world, one pachyderm has been learning to dance in all manner of ways, displaying the chops to tango, watusi and foxtrot as situations demand. But, other numbers matter in the retail world, and here is where there is steak with the sizzle. Small, but smart : Dollar Tree shows smaller can be better in retail.

Retail 128

Retail Mobile Strategy Digital Strategies 128

PYMNTS

OCTOBER 2, 2017

“Retail isn’t dead; it needs a revival.”. With a list of bankruptcies growing ever longer, suburbs hosting the carcasses of scores of dead and dying shopping malls and foot traffic on an ever-falling curve, it’s not hard to draw the conclusion that retail — or, at least, the brick-and-mortar version of it — is dead.

Technology 168

Technology Retail Branding Innovation 168

PYMNTS

SEPTEMBER 20, 2019

With those plans, the eCommerce retailer said it would purchase a fleet of electric vans to begin sending packages to shoppers in 2021. By 2022, 10,000 of the new carbon-neutral vehicles will be reportedly operating. And, by 2030, all 100,000 would reportedly be operating.

America 166

America Retail Operations Report 166

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 12, 2019

BigCommerce is also working with retail operations platform Brightpearl, machine learning shopping experience company Nextopia, B2B order process and eProcurement integration company PunchOut2Go, and storefront shipping management system ShipperHQ.

Tools 190

Tools Online Operations Resources 190

PYMNTS

AUGUST 3, 2018

Brookstone , a specialty retailer known for massage chairs and gadgets, used to be a must-see mall retailer. malls, Brookstone is now the latest major brick-and-mortar retailer to announce that it has filed for bankruptcy protection. Both have operations online under new owners, reported The Wall Street Journal.

Retail 100

Retail Louisville Nashville Houston 100

PYMNTS

MAY 14, 2019

Japan’s Fast Retailing, the company that owns the Uniqlo retail chain, said that data from upwards of 460,000 customer accounts was compromised by hackers from April 23 to May 10, according to a report by CNBC. The retailer has asked customers to create new passwords that are harder to guess to lower the chances of getting hacked.

Retail 164

Retail Data Resources Cards 164

PYMNTS

FEBRUARY 19, 2019

Account takeovers are becoming bigger business for criminals — or, at least, the business of preventing account takeovers in the digital retail and payments realm is becoming an increasing focus of companies and security experts. Castle, founded in 2015, said it has raised $9.2 Fraud Case Study.

Retail 118

Retail Fraud Case Study San Francisco 118

PYMNTS

SEPTEMBER 15, 2017

Before founding Allbirds in 2015 with Co-Founder and Co-CEO Joey Zwillinger , a biotech engineer and renewable materials expert, Brown was a professional soccer player in New Zealand. “And our perspective is that the footwear category has gotten lazy when it comes to using natural or sustainable materials.”.

Retail 128

Retail San Francisco Los Angeles New York 128

PYMNTS

NOVEMBER 1, 2019

According to the Eastern Europe B2C E-Commerce and Online Payment Market 2019 report, online retail sales in Eastern European countries continue a trend of double-digit growth rates this year, a release said. Alibaba opened its first office in Russia in 2015 and has focused on the country as a key growth market.

Online 101

Online Retail Regional Trends 101

PYMNTS

JANUARY 5, 2017

According to Technavio, the use of mobile wallets in stores increased rapidly in 2015 and 2016 as operational costs for retailers were lowered, increasing their revenue. What’s more, the research firm said mobile wallets used in retail stores offer customers benefits, such as coupons and loyalty points. “

Mobile 155

Mobile Marketing Retail Strategy 155

PYMNTS

JULY 5, 2018

As digital technology keeps bringing new efficiencies to transactions, and more consumers around the world turn to eCommerce for retail and other purchases, an accompanying trend is making life interesting for merchants and payment providers. Much of North America remains anchored to major-brand credit cards.

Retail 108

Retail Payments Cards United States 108

PYMNTS

JANUARY 7, 2021

As president of AppHarvest, Lee will be in charge of developing strategy and working on managing operations, leading sales, marketing and finance functions as the company continues to grow. billion in funding to accelerate manufacturing, product development and distribution into key national grocery, restaurant, and hospitality venues.”.

Kentucky 159

Kentucky Operations National Company 159

PYMNTS

NOVEMBER 14, 2019

Those are the types of retailers that Bulletin, a retail tech firm looking to disrupt brick-and-mortar retail, wants to work with – because they are the brands that are most interested in offering the types of highly curated physical experiences that Branston’s company specializes in building.

Retail 101

Retail Innovation Branding social media 101

PYMNTS

DECEMBER 12, 2019

The company, which was founded in 2015, uses artificial intelligence (AI), computer vision and sensor technology to provide a 100 percent cashier- and checkout-free experience. It has four autonomous stores and is currently in the pilot testing phase with several retailers around the world.

Sacramento 130

Sacramento Retail Branding Technology 130

PYMNTS

AUGUST 6, 2020

Now, she’ll serve as an operating partner for PayPal Ventures, meaning she’ll likely act as a liaison for portfolio companies, working to boost the value of startups. Some of the previous portfolio companies have included investing app Acorns , retail returns service Happy Returns , and Monese , a European digital bank.

Maine 173

Maine Google Retail Strategy 173

PYMNTS

DECEMBER 23, 2020

billion to fund Ripple’s operations and enrich Larsen and Garlinghouse.” There had been speculation over whether the company would relocate its operations outside the U.S. XRP is a currency, as the DOJ and FinCEN determined in 2015. due in part to the regulatory climate.

cryptocurrency 234

cryptocurrency Security Bitcoin Regulation 234

PYMNTS

JANUARY 15, 2019

Based in Manchester, AccessPay provides a digital platform for payments, cash management and treasury operations by integrating businesses’ back-end operations with their banks. million investment with Intel Capital in InContext Solutions, a firm targeting retailers with shopper engagement technologies. and U.S.,

Security 143

Security US Payments Big Data 143

PYMNTS

MARCH 25, 2019

All things that could get merchants to come around to the “if you can’t beat ‘em, join ‘em” mentality, in what is now a very challenging retail environment. There was the same talk then about retailers not letting consumers use a payment card owned by their largest rival. Guess what? Because Everyone Has to Eat. Time flies.

Payments 198

Payments Innovation Branding Operations 198

PYMNTS

DECEMBER 5, 2016

Looking back at 2016, Bedier started the conversation about his year-end 2015 predictions with the qualifier: “It’s been easier to predict what will happen as opposed to when it will happen. And Bedier went out on a limb and said that retailers who adopt omnichannel faster can get a bigger slice of the revenue pie in the future.

Retail 100

Retail Mobile Strategy Course 100

PYMNTS

FEBRUARY 6, 2020

It would make sense that the supermarket business might be immune from the cross-currents of retailing in 2020. Three regional players in the organic food retail business — where Whole Foods and parent Amazon rule — have declared bankruptcy over the past month. based natural foods retailer is the third significant U.S.

New York City 153

New York City New York Regional Colorado 153

PYMNTS

NOVEMBER 27, 2020

According to Walmart’s Srini Venkatesan, executive VP at Walmart Global Tech, the acquisition gives Walmart access to a network of 540 official merchant partners, and more than 30,000 people have served as drivers or “Runners” since the service launched in 2015. All other services are operating normally. On Wednesday Nov.

social media 220

social media Operations Data New York 220