PYMNTS

JANUARY 8, 2020

Auto sales are driving retail trends, as online marketplace and auction site eBay has released a new eBay Motors app. Data: 2015: The year the previous eBay Motors app was discontinued. At the same time, Carvana , a firm that allows consumers to browse and purchase vehicles online, has added a new virtual financing option.

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Las Vegas Trends Retail Data 130

PYMNTS

JULY 9, 2019

Automated retail might conjure up images of robot cashiers, but beyond a few convenience stores in Japan and Korea, that sci-fi development hasn’t yet become reality for the wider world. The latest Automated Retail Tracker explores these trends and new developments in the unattended retail space.

Retail 180

Retail Houston Minnesota Austin 180

PYMNTS

JANUARY 2, 2020

He estimated that yearly worldwide losses from retail returns are almost $1 trillion – higher than 2015’s $600 billion. A 2018 report from the Appriss Retail and National Retail Federation noted that roughly 10 percent of products sold in the U.S. million gifts and other products back to U.S.

National 131

National Retail United States California 131

PYMNTS

JANUARY 21, 2020

And nowhere is that aphorism better illustrated over the last decade than with the statistic that more than 90 percent of all retail sales took place at brick and mortar stores. It gave retailers the illusion that digital was the retail cart driven by the physical store horse. The answer, she noted, is complex.

Retail 168

Retail Innovation Data New York 168

PYMNTS

FEBRUARY 27, 2019

million fine against Mastercard for its swipe fees, which regulators said drove up prices for retailers and consumers, and hampered competition. Meanwhile, the EC has extended the deadline to release its review of the effectiveness of the Interchange Fee Regulation (IFR), which came into effect in 2015.

Cards 176

Cards Retail Regulation Payments 176

Banking 2020

DECEMBER 22, 2014

Essentially, this is the reality for businesses of a retail nature. Which brings us to retail banking in 2015. For example, geo-location capabilities have the potential to drastically alter—and done right, drastically enhance—many aspects of customer engagement, yet it’s still on the fringes of the retail banking industry.

Retail 88

Retail Guidelines Mobile Big Data 88

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

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NOVEMBER 23, 2018

By working collaboratively with these retailers, we’ve created a way for businesses to take proactive steps to prevent scams,” New York State Attorney General Barbara Underwood said in a statement. The retailers have stepped up their training, too, in an effort to aid workers in identifying scams.

Fraud 156

Fraud Cards Retail New York 156

PYMNTS

SEPTEMBER 6, 2017

But what hasn’t been so deeply explored is how that technology can help food producers and retail firms collaborate more deeply, helping both succeed and strengthening the industries that power them. In 2016, overall retail sales climbed just 2.1 In 2016, overall retail sales climbed just 2.1 Merits Of The Collaboration.

blockchain 197

blockchain Retail Technology Industry 197

Abrigo

JANUARY 1, 2015

Some of the biggest banking stories in 2014 centered on massive data breaches at top retailers, M&A activities, and regulatory changes like the IASB’s IFRS 9 Financial Instruments. And, as is the case with every year’s end, the media has speculated on what could make headlines in 2015. Blog Bank'

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Management Compliance Regulation Data 150

PYMNTS

AUGUST 26, 2019

Pretty much everyone needs medicine at one or another, and that need is helping to drive retail innovation and attempts at disruption in the pharmacy business. The news represents the biggest round of store closures for Walgreens since 2015. But innovation efforts continue for retail pharmacy operations. Delivery Push.

Retail 136

Retail Innovation United States ATM 136

PYMNTS

JULY 16, 2019

Initial tallies of data from the 48-hour Amazon Prime Day show that other retailers have seen significant benefits, reporting online sales that were 64 percent higher than a typical Monday. Adobe’s data is based on an analysis of one trillion visits to over 4,500 retail sites and 55 million SKUs.

Retail 108

Retail Online Analytics Analysis 108

PYMNTS

JANUARY 8, 2020

Citigroup named David Chubak, 39, to head the retail banking division in the U.S., Chubak will head all retail sectors — branches, mortgages, wealth, risk management and small business, according to the memo. Chubak will head all retail sectors — branches, mortgages, wealth, risk management and small business, according to the memo.

Retail 101

Retail New York Risk Management Customer Experience 101

PYMNTS

MARCH 2, 2020

s most high-profile retailers is doing well in the U.S. and another one is ready to open, both of them seeking a new market as their home turf sees retail struggles. s fastest growing brick-and-mortar retailer, Wren Kitchens. And also in training our retail staff to offer the customer a fantastic service.”.

Retail 132

Retail Marketing US Connecticut 132

PYMNTS

AUGUST 10, 2016

Supermarket chains dominated a list of hottest retailers in 2015, according to information released by the National Retail Federation’s (NRF) STORES magazine. The NRF released its annual list of Hot 100 Retailers on Aug. domestic sales with sales of at least $300 million based on figures compiled by Kantar Retail.

Retail 100

Retail North Carolina Branding Washington 100

Bank Innovation

AUGUST 3, 2017

It first arrived on the continent in 2015. The POS payment gateway provider has partnered with Ant Financial in order to integrate the AliPay service with European acquirers, the companies announced today. This marks an expansion for AliPay in Europe. With the partnership, AliPay will […].

Retail 246

Retail Payments Company Online 246

PYMNTS

NOVEMBER 19, 2019

In retail, the Flat Tummy Instagram brand was able to make an effective algorithm that could accurately predict the effect an influencer would have on pushing its line of teas. 500,000: Number of Instagram followers Flat Tummy had on its own in 2015. All this, Today in Data.

Retail 101

Retail Technology Innovation Data 101

PYMNTS

JANUARY 16, 2017

Retail spending in the months of November and December came in at the strongest level in five years. According to Visa’s Retail Spending Monitor, which monitors spending on the part of U.S. consumers that use Visa payment products, retail sales increased 4.8 retail sales data that was released late last week.

Retail 100

Retail Mobile Data Marketing 100

PYMNTS

NOVEMBER 20, 2018

In an organized retail crime (ORC) survey, the National Retail Federation found that 92 percent of respondents were victims of the practice in the past year. These criminals find new ways to expand their networks and manipulate the retail supply chain every day.”. The practice can come in a variety of forms.

Retail 110

Retail National Survey Fraud 110

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

JULY 21, 2017

No longer are retailers working with marketers to figure out a way to mass market products and services. With the advent of connected devices in the palm of almost every consumer’s hand, the retail ecosystem has certainly seen a shift. Through this omnichannel experience, retailers have more ways to connect with consumers.

Retail 137

Retail social media Customer Experience Boston 137

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. The company was founded in 2016.

Retail 108

Retail social media eBook Report 108

PYMNTS

JANUARY 3, 2020

Ouai , a hair and body care brand founded by celebrity hairstylist Jen Atkin, will roll out some of its merchandise in 1,200 Ulta Beauty locations in addition to the retailer’s website on Sunday (Jan. The retailer wrote in a tweet , “We’re starting off the decade with a big announcement: “@theouai by Jen Atkin is launching at Ulta Beauty!”

Retail 131

Retail Industry Branding Miami 131

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

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

OCTOBER 21, 2019

Everyone needs shoes — and that need helps drive innovation in an important sector of retail. The most expensive $50 option takes off around $10 per pair of Nike shoes purchased (as the average retail price is $60). Marketplaces, too, are taking a role in footwear retail. Powerful Engine. Marketplace Push.

Retail 100

Retail Trends Branding Innovation 100

Banking 2020

JANUARY 15, 2015

The retail banking industry has seen major changes occurring in the industry over the last few years with the adoption of mobile banking, the rise to prominence of the millennial demographic, narrowing margins, stagnant top line revenues, the future of the branch and continued regulatory changes. Digital Banking. Cyber vulnerabilities.

Retail 40

Retail Trends Millennials Mobile 40

PYMNTS

NOVEMBER 28, 2016

airspace since summer 2015. The FAA published rules in early 2015 that cut back on the use of autonomous drones and drones operated by an onboard camera for commercial use. Amazon has been in contact with the CAA since 2014 and has been testing drones in U.K. in summer of 2016.

Operations 100

Operations Technology Regulation Retail 100

PYMNTS

MARCH 8, 2016

When it comes to gender parity at the highest echelon of retail companies, it appears that the mark is being missed in the U.K. As The Independent points out, a new study — the latest annual Retail CEO Tracker by recruitment firm Korn Ferry — shows that the number of female CEOs appointed to U.K.

Retail 100

Retail Study Report Company 100

PYMNTS

APRIL 1, 2016

The March total of 48,207 layoffs is the lowest since December 2015. The bad news is that the totals were up 32 percent from the same time in 2015, making last month the fourth in a row in which the year-over-year total has increased. ” Retail job cuts were up 41 percent year-over-year.

Retail 100

Retail Trends Report 100

PYMNTS

MAY 10, 2017

While the retail point-of-sale (POS) terminals market is currently sitting at $15 billion, Global Market Insights is expecting it to reach $45 billion by the year 2024. To help combat these efforts and meet consumers preferred payment method demands, the retail POS terminal market will need to grow to bring down harmful actions.

Retail 120

Retail Marketing United States Fraud 120

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. Singles’ Day.

Retail 133

Retail Millennials Online Innovation 133

Payments Dive

FEBRUARY 25, 2016

Date: Tue, March 8, 2016 | Time: 2:00 PM | In 2015, retail sales increased by 3 percent while online stores sales increased by 9 percent. During the months of November and December, sales spiked dramatically – driving 30 percent more ecommerce revenue than during non-holiday months.

Retail 150

Retail Online 150

PYMNTS

JUNE 26, 2018

Holidays aren’t just for marking centuries-old traditions or historic milestones: Retailers are creating their own new-age eCommerce celebrations and bringing in big bucks in the process. Chinese retailer JD.com , for example, had a record-breaking shopping event this month. Alibaba took in a gross merchandise volume of $25.3

Retail 110

Retail Examples Survey Course 110

PYMNTS

JANUARY 27, 2017

26) that online sales for retailers in France may rise as much as 11 percent in 2017 to $85.85 In 2015, eCommerce accounted for 7 percent of retail sales in France. In fact, online sales in France increased 16 percent in 2015. The most popular retailer? The French E-Commerce Federation announced Thursday (Jan.

Online 100

Online Retail Mobile Report 100

PYMNTS

FEBRUARY 26, 2016

The ripple effects of a sluggish retail holiday season — exacerbated by unusually warm weather that made inventory hard to move — have started to show up in other industries. percent in January from December, and was flat when compared to January of 2015. percent in January from December, and was flat when compared to January of 2015.

Retail 100

Retail Industry Trends Report 100

PYMNTS

APRIL 25, 2016

Twenty years later we still see double-digit growth rates, including 20% in 2015. Retail advertisers continue to represent the largest category of Internet ad spending, responsible for 22% percent last year, followed by automotive and financial services which each accounted for 13% of the year’s revenues,” the report states.

Mobile 100

Mobile social media Google Online 100