PYMNTS

JANUARY 23, 2019

this year as the leading retail market around the world. According to eMarketer’s worldwide retail and eCommerce forecast, in 2019 China’s total retail sales are forecast to increase 7.5 That compares to retail sales in the U.S. That means China’s retail sales are expected to surpass the U.S. percent of retail.

Retail 181

Retail Marketing US Online 181

PYMNTS

DECEMBER 17, 2020

In today’s top retail news, StockX has landed $275 million in a Series E funding round, while Rite Aid Corporation reported as part of its fiscal 2021 third quarter results that revenues rose by 12 percent. Fashion Retailer rue21 Strikes Deal To Retire Debt. Clothing retailer rue21 (r21 Holdings, Inc.) million members.

Retail 226

Retail Report Company Pennsylvania 226

Bank Innovation

DECEMBER 18, 2018

In retail that happened some time ago — for example, consumers not only expect to be able to shop in person or online, they expect to be able to view merchandise in stores and purchase it online (or […].

Examples 186

Examples Online Retail 186

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

blockchain 197

blockchain Retail Technology Industry 197

PYMNTS

FEBRUARY 3, 2020

Consumers are firing brick-and-mortar retailers from the jobs they held years and decades before. To get their shopping jobs done, consumers are now hiring retailers that make it convenient to do business – anywhere, anytime, through any channel and on their terms. When Buy Online, Pick Up In-Store Goes Horribly Wrong.

Retail 172

Retail Online Study Meeting 172

Bank Innovation

JUNE 23, 2016

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. Launched in 2014, Ant Financial Read More.

Innovation 284

Innovation Company social media Operations 284

PYMNTS

NOVEMBER 5, 2018

Those promise to stand as two main traits of the 2018 holiday shopping season , and retailers that gain an edge and increase revenue during the all-important fourth quarter will likely have exploited such tactics during this period, at least according to new data that strives to paint a detailed picture of U.S. Offline And Online Cozy Up.

Retail 179

Retail United States Millennials Study 179

PYMNTS

OCTOBER 6, 2016

Retailers continue to rely on paid search and email marketing channels, but mobile marketing and social media are continuing to increase in popularity as a way for businesses to grow their customer acquisition, according to a new study.

social media 205

social media Survey Retail Online 205

PYMNTS

SEPTEMBER 21, 2020

The retail giant is starting “a fashion essentials-inspired brand for both men and women created by our in-house design team,” the company said in a news release. Walmart can “give our customers more of what they want — quality, stylish and accessible fashion,” she said, pointing to the retailer’s work with thredUP. Today (Sept.

Branding 263

Branding Los Angeles Retail Online 263

PYMNTS

MARCH 29, 2020

Call it the retail gap that eCommerce can only partly fill. the lowest showing since October 2016, according to CNBC. But eCommerce can only go part way, not the whole distance, in offsetting a devastating hit to retail as we have known it. percent of consumers surveyed said they were shopping online, and 16.3

Retail 205

Retail Survey Course Study 205

PYMNTS

JUNE 5, 2019

It’s not enough to just be a retailer these days, it seems. The retail chain reportedly has been in discussions with Triad Retail Media , the retail advertiser owned by WPP PLC, to acquire it. WPP had purchased Triad for about $300 million in 2016 from Rockbridge Growth Equity, the private equity firm.

Retail 165

Retail Video Google Branding 165

PYMNTS

JULY 9, 2018

After Macy’s cyber tools detected suspicious logins on June 11, the retailer is warning customers about a data breach. The retailer said that a threat targeted the profiles of customers for nearly two months, Detroit Free Press reported. The website Orbitz.com was not impacted.

Online 134

Online Data Detroit Retail 134

PYMNTS

MARCH 14, 2017

A new report by Global Market Insights reveals that the market size for mobile POS terminals will gain significant growth in the coming years, with a compound annual growth rate (CAGR) of more than 19 percent from 2016 to 2023. According to a press release , the POS Terminal Industry is expected to be valued at $103.52

Retail 164

Retail Mobile Marketing Samsung 164

PYMNTS

FEBRUARY 8, 2019

A recent survey showed that retailers are going to get some love on Valentine’s Day, according to reports. billion and also smashing the 2016 record of 19.7 People said they would spend an average of $161.97 on the holiday, which is up 13 percent from last year’s total of $143.56 and also topples the high of $146.84 2 and Jan.

Retail 150

Retail Survey Analytics Cards 150

Bank Innovation

MAY 1, 2016

Robinhood: On Target Launched in December 2014, Robinhood is a zero-fee stock trading app that quickly gained popularity among financially ambitious millennials. Robinhood was paid the enormous compliment of having “cracked the millennial code” by none other than Jay Sidhu, CEO of Customers Bank and founder of BankMobile.

Millennials 240

Millennials social media Operations Cards 240

Bank Innovation

FEBRUARY 29, 2016

In a sign of the times in consumer lending, Auto Finance News today announced the launch of Auto Finance Innovation 2016, a new industry forum to explore the fintech revolution and how it is reshaping automotive lending and leasing.

Innovation 150

Innovation Lending Fintech Industry 150

PYMNTS

AUGUST 28, 2019

So-called Generation Z is also driving much of the innovation when it comes to retail. To reach consumers on the hunt for offerings that are “clean and natural,” the retail chain rolled out its Everspring household brand. And six in 10 shoppers said it factored into their decision of where to transact, Retail Dive reported.

Retail 148

Retail Trends Millennials Survey 148

PYMNTS

NOVEMBER 19, 2020

Dutch retailer Ahold Delhaize — owner of grocery behemoths Giant and Stop & Shop — has acquired a majority stake in supermarket delivery startup FreshDirect amid an online shopping surge propelled by COVID-19. “We FreshDirect gets a parent with real buying power and the means to further expand in East Coast markets.”.

Retail 153

Retail New York City New York Operations 153

PYMNTS

APRIL 17, 2020

And, for payments in apps or online, a virtual card number can be used. A customer could also lock their card and ask for a replacement but still can pay online or via phone with the virtual card number system. Google, for its part, rolled out a Wallet debit card in 2013 before closing it down in 2016.

Google 229

Google Cards Apple Branding 229

Bank Innovation

JUNE 15, 2016

Bank Innovation Israel 2016 registration has officially opened today. The only Western fintech event in Startup Nation, the 2016 Bank Innovation Israel will take place 1-3 November at the Dan Tel Aviv. The event is presented by Bank Innovation, one of the world’s leading fintech blogs.

Innovation 150

Innovation National Fintech social media 150

PYMNTS

JULY 4, 2017

According to the latest findings of the European Ecommerce Report 2017 , it is a good time to be selling online in Europe — especially since online retail growth has been “exponential” over the last several years. During 2016 alone, eCommerce activity increased by 15 percent to €530 ($602 billion U.S.,

Online 178

Online Maine Retail Report 178

PYMNTS

NOVEMBER 8, 2018

In 2016, the government revealed it was committing to invest £500,000 ($656,182.50 MarketInvoice, which partnered with Barclays Bank earlier this year to launch its own online invoicing platform for the bank’s small business (SMB) clients, said the guidelines provide helpful information for startups to boost their bank relationships.

Guidelines 192

Guidelines Fintech Retail Financial Technology 192

PYMNTS

FEBRUARY 20, 2020

And while not every effort has been a world-beating success, unlike many of its fellows in the world of brick-and-mortar retail, it certainly can not be said that IKEA has failed to be proactive in the face of a rapidly shifting commerce ecosystem. If that is the case, well, successful ideas in retail have a habit of being contagious.

Retail 187

Retail Google Course Mobile 187

PYMNTS

JULY 17, 2019

The second Payment Services Directive ( PSD2 ) groundwork laid out in 2016 is about to come to fruition in a few months – Sept. The deadline is looming for merchants and payments providers to comply with new requirements for authenticating online payments in Europe. 14, 2019, to be exact. To some degree.

Retail 162

Retail User Experience Compliance Regulation 162

PYMNTS

JULY 5, 2019

It’s not enough to just be a retailer these days, it seems. The retail chain reportedly has been in discussions with Triad Retail Media , the retail advertiser owned by WPP PLC, to acquire it. WPP had purchased Triad for about $300 million in 2016 from Rockbridge Growth Equity, the private equity firm.

Retail 139

Retail Video Google Branding 139

Bank Innovation

FEBRUARY 24, 2016

The panel of judges — Scarlett Sieber of BBVA; Sam Maule of Carlisle & Gallagher; Ryan Falvey of the Center for Financial Services Innovation; Matt Wilcox of Fiserv; and Phil Ryan of Bank Innovation — will decide which company is worthy of the “Best in Show” DEMOvation crown at Bank Innovation 2016.

Innovation 150

Innovation Seattle Fintech Company 150

PYMNTS

OCTOBER 13, 2020

Afterpay has announced its in-store buy now, pay later (BNPL) service is being offered by major retailers at locations across the country. Shoppers can use Afterpay to buy items in select retail stores using their Afterpay card, a virtual, contactless card stored in their digital wallet,” the firm said in a Tuesday (Oct.

Retail 130

Retail United States Millennials Branding 130

PYMNTS

OCTOBER 6, 2016

According to the Q3 2016 PYMNTS OmniReadi Index™ , the top 10 percent of merchants improved their omnichannel scores by 16 percent over the last quarter, while the bottom 10 percent saw theirs drop by more than 40 percent. Other key takeaways from the Q3 2016 Index include: Omnireadiness is stagnating. About The Index.

Retail 185

Retail Online Industry Data 185

PYMNTS

JUNE 20, 2017

But there’s a lot of untapped potential in other verticals, particularly retail. Retail needs some help. Shopping online is cheaper and easier. And so is selling online: Based on activity, targeted offers and ads can be pitched directly at the consumer. Brick and mortar doesn’t have that luxury.

Technology 173

Technology Retail social media Fraud 173

PYMNTS

NOVEMBER 14, 2018

Online shopping is on a tear, and marketplaces are reaping the rewards. billion — online payments were completed in the U.S. in 2016, the most recent data available. In the post, Shopify wrote, “by accepting Venmo directly in your online store, users can complete their purchase in just a few clicks.

Retail 131

Retail Payments Apple Online 131

PYMNTS

NOVEMBER 4, 2020

Adobe , which monitors sales at 80 of the biggest online retailers in the United States, noted that dollars spent shopping online plunged 14 percent the day after the 2016 election.

Arizona 218

Arizona Pennsylvania Georgia Survey 218

PYMNTS

JULY 19, 2019

Walmart is making some organizational adjustments with its executives to help better integrate its retail store and digital operations, according to a report by CNBC. The company has been pushing to better integrate its online and physical divisions ever since it acquired Jet.com in 2016.

Retail 146

Retail US Google Strategy 146

PYMNTS

SEPTEMBER 21, 2020

21) announcement also gave the retail industry a look at how Walmart is now categorizing its executive team and online structure, stemming from a recent reorg. Denise Incandela , who was once SVP Women’s Group, has now added “elevated and online brands” to her title. billion in the category in 2016 to $34.9

Branding 226

Branding Retail Online Strategy 226

PYMNTS

DECEMBER 26, 2019

Change came from various areas for retail in 2019. Retail merchandising was, at best, a hit-or-miss system in its heyday, Nextail CEO and Co-Founder Joaquin Villalba told PYMNTS in a recent conversation. Analytics, too, was another hot spot for retail change in 2019 and will continue to be for the 2020s. Role of Data.

Retail 132

Retail Trends Analytics social media 132

PYMNTS

JANUARY 23, 2019

Just consider the news this week: Truebil , an online marketplace for buying and selling secondhand cars, has raised $14 million in a Series B round led by Japanese investor Joe Hirao, the founder of ZIGExN. China, too, is experience growth in online sales of used cars. Phones and Luxury Watches. Phones and Luxury Watches.

Online 133

Online Retail Data Maine 133

PYMNTS

DECEMBER 28, 2020

The first were the Pepsis, Heinzes and Krafts that either didn’t like their retail distribution or saw a pandemic-driven opportunity to get new products in new configurations to the consumer. Its eCommerce business has jumped 35 percent each year since 2016. Direct-to-consumer (D2C) brands came in two flavors during 2020.

Branding 162

Branding Retail Philadelphia Marketing 162

PYMNTS

JUNE 6, 2019

Look to China, and look some more — that’s one of the main messages in mid-2019 for luxury retailers, at least for ones not based in the U.S. Luxury retail is a hot space in China. Online Push. The latest evidence of that comes from Louis Vuitton. Back in the U.S.,

Retail 122

Retail New York City Branding New York 122