PYMNTS

NOVEMBER 26, 2018

Black Friday sales soared this weekend, with more Americans choosing to skip the crowds and do the majority of their holiday shopping online. Reuters reported that online sales rose more than 23 percent, hitting over $6 billion on Black Friday, according to data from Adobe Analytics. In fact, reports noted that 33.5

Online 148

Online Analytics Mobile Data 148

PYMNTS

DECEMBER 16, 2020

16), heading above the $20,000 mark for the first time ever — eclipsing its previous record high set in 2017. Bitcoin’s latest record high recalls its groundbreaking rally to nearly $20,000 in 2017. Cryptocurrency fans, however, argue that now is different — with big investors piling in — as opposed to the retail frenzy of 2017.

Bitcoin 343

Bitcoin cryptocurrency Training Marketing 343

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 Online 179

PYMNTS

JANUARY 10, 2020

According to its Securities and Exchange Commission stock registration statement, as cited by CNBC , the online mattress retailer said it lost $73.4 million in 2017 and $92.1 The funding was to be used to help power its global growth in addition to the spread of its physical retail stores. million in 2018.

Retail 130

Retail Online New York America 130

PYMNTS

NOVEMBER 1, 2018

Amid a change in shopping habits from brick-and-mortar to eCommerce, online spending is expected to reach $124.1 To arrive at the forecast, Adobe Analytics took a look at transactions at 80 of the top 100 retailers in the United States along with visits by consumers to U.S. retail websites. retail websites. billion.

Online 160

Online United States Retail Analytics 160

PYMNTS

NOVEMBER 17, 2020

InTime is one of the biggest retail chains in China, with department stores as well as eCommerce sites. InTime was acquired by Alibab a in 2017. In the current climate, about 20 percent of sales are online. . The streams were facilitated by thousands of retail sales employees who signed on as hosts. billion in 2019.

Retail 181

Retail Conference Online Trends 181

PYMNTS

SEPTEMBER 17, 2018

With unemployment at new lows, staffing has become a challenge for retail companies. Retailers had 757,000 job openings in July, which is roughly 100,000 more than they had a year before, The Wall Street Journal reported. Retailers are hosting “recruiting marathons” to help hire thousands of people.

Retail 155

Retail Arizona Ohio Seattle 155

PYMNTS

APRIL 11, 2019

As online food delivery services proliferate amid the battle for customer loyalty, and as grocery and related stores strive to gain more digital footholds, the online sale of alcohol is growing and becoming a bigger part of all those plans. Online food delivery is in the midst of what might one day be called a golden age.

Online 169

Online Retail Regulation Maine 169

PYMNTS

NOVEMBER 13, 2020

A spokesperson for Target told Bloomberg News that customers had migrated away from the subscription service to the retail giant’s other delivery and ordering services. Target declined to say how much revenue its subscription service was bringing in for the retailer at the time when it was canceled.

Retail 267

Retail Resources Mobile Online 267

PYMNTS

NOVEMBER 16, 2020

Additionally, total card balances fell to $723 billion, a decline of more than 10 percent year over year and the lowest since Q2 2017. billion in August compared with July, the lowest level since 2017. The recent declines in total credit card balances reverse a three-year trend between the third quarters of 2017-2019,” said TransUnion.

Cards 302

Cards Retail Survey Trends 302

PYMNTS

FEBRUARY 11, 2019

But the growing use of those brands to attract sales is also leading to more focus on potential challenges for online, private label retail over the next few years. Private brands, of course, are hardly new, and their use in retail predates the birth of eCommerce. Consumers can buy furniture anywhere. Private Label Pivot.

Retail 158

Retail Branding Online Seattle 158

PYMNTS

MAY 20, 2020

But mounting concerns about health and safety amid the pandemic have motivated a consistently rising share of shoppers to try ordering their groceries online for delivery. percent of consumers that PYMNTS surveyed had switched to grocery shopping online as of early March, 14.8 Whereas only 3.9 Whereas only 3.9 We found that 38.1

Online 184

Online Millennials Digital Strategies Retail 184

PYMNTS

OCTOBER 19, 2018

In the webinar, entitled “ 5 Ways Fraudsters Fake IDs — And How Your Face Can Stop Them ,” Trilli not only offered an up-to-date primer on the latest criminal techniques to steal online data and identities, but gave practical and hopeful advice on how to prevent much of that fraud, even as the people behind it keep raising their game.

Fraud 189

Fraud Online social media Software 189

PYMNTS

JANUARY 2, 2020

As it aims to tap into its massive digital subscriber base to take on worldwide eCommerce companies, Mukesh Ambani’s Reliance Industries is launching an early version of its online retail offering. The company has reportedly emerged as the strongest rival to the existing online shopping leaders India, Flipkart and Amazon.

Industry 131

Industry Online Retail Report 131

Bank Innovation

SEPTEMBER 27, 2017

What is the state of banking innovation today? Each year, we poll the industry to find out. Fintech funding has grown tougher for startups, but banks’ balance sheets are looking stronger– what does it mean for innovation?

Innovation 257

Innovation blockchain Fintech Industry 257

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. percent of 2016 global retail sales. “We 30 percent of global eCommerce).

Online 178

Online Maine Retail Report 178

PYMNTS

SEPTEMBER 12, 2017

After something of a slow start, mobile eCommerce is set to make up half of all online sales by the year 2020 — worth nearly $250 billion annually. That forecast comes care of “A Mobile Mindset,” the second volume in the five-part series, “The 2017 UPS Pulse of the Online Shopper.”

Mobile 205

Mobile Millennials Study Online 205

Bank Innovation

FEBRUARY 6, 2017

Companies from a wide range of fintech are finalists in the demo contest at Bank Innovation 2017, the event announced today. The finalists were chosen from applicants from around the world. A total of 12 companies will demo at Bank Innovation. The winning startup will be named Best in Show. Read More.

Innovation 150

Innovation Meeting Technology Fintech 150

PYMNTS

MARCH 11, 2020

Per a JLL report, the number of service-based retailers rose 20.5 percent between 2002 and 2017, coming in at 1.2 million spaces, while retailers offering goods declined 4.5 JLL Director of Retail Research James Cook said that the growth in service-based companies “will plateau at some new percentage.” percent to 1.1

Retail 130

Retail New York America Report 130

Bank Innovation

NOVEMBER 28, 2016

will participate in a fireside chat at Bank Innovation 2017. Bank Innovation 2017, March 6-7 in San Jose, Calif., Adam Carson, managing director, global technology strategy & partnerships at JPMorgan Chase & Co., will feature dozens of speakers on investing in innovation, chatbots, blockchain and more.

San Jose 150

San Jose Innovation blockchain Strategy 150

PYMNTS

DECEMBER 4, 2019

Uber CEO Dara Khosrowshahi said the ride-hailing company could potentially offer courier services for retail businesses in the future, according to a report by Reuters. Khosrowshahi was speaking at a meeting at the Economic Club of New York, and he talked about his tenure at the head of Uber, a position he took in 2017.

Retail 131

Retail New York City New York Cards 131

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. In fact, Pizza Hut’s claim to fame is that it sold its first online order way back in 1994. Commerce Wave.

Retail 163

Retail Security Google Survey 163

PYMNTS

JUNE 24, 2020

Merchants are focusing on re-engaging shoppers now that brick-and-mortar retailers are reopening across the United States. In eCommerce, in an effort to attract and retain online customers, Amazon’s The Big Style Sale is serving as something of an event filler as Prime Day has been delayed due to the pandemic.

Retail 130

Retail United States Data Innovation 130

PYMNTS

JANUARY 4, 2019

According to the 2018 Holiday Retail Index by Verizon , average daily eCommerce traffic to the top 25 U.S. retailers increased by 7.5 online retail traffic on Sunday, Dec. online retail traffic on Sunday, Dec. percent between 2017 and 2018. percent between 2017 and 2018.

Data 195

Data Retail Online Groups 195

PYMNTS

SEPTEMBER 29, 2020

Whole Foods CEO John Mackey said the company's merger with Amazon has been enabling the grocery retailer to "think long term," Bloomberg reported. Whole Foods was sold to Amazon in 2017 for $13.7 We’ve had three major price reductions, we’re beginning a fourth,” Mackey said, according to Bloomberg. And the answer is yes.

US 274

US Retail Report Online 274

PYMNTS

AUGUST 11, 2020

Many people who previously would not have considered buying a car online are giving it a second thought. In a recent CarGurus survey, 60 percent of respondents said they were open to buying a car online versus 32 percent before. PYMNTS reported in March that “the online car business will take a huge hit from the crisis disruption.

Online 157

Online Michigan Trends Marketing 157

PYMNTS

SEPTEMBER 17, 2019

The future of retail is playing out in multiple places, not the least of which is the open road. In 2017, GM started shipping vehicles with Android Automotive OS, starting with integration in the Cadillac CTS and then expanding to other cars. That’s where the connected vehicle ecosystem is being built. And that is version 1.0.

Google 171

Google Retail Customer Experience System 171

PYMNTS

JANUARY 3, 2020

Online brands are growing their presence in the physical world by bringing their products into brick-and-mortar stores. 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.

Retail 131

Retail Industry Branding Miami 131

PYMNTS

OCTOBER 7, 2019

The Supreme Court’s order, according to reports , essentially opens the door to other such lawsuits – and could serve to increase the pressure on eCommerce operators to make their online and mobile stores accessible to consumers with disabilities. That’s a 181 percent increase over 2017. Domino’s stands out for its retail innovations.

Online 138

Online Google Innovation Software 138

PYMNTS

NOVEMBER 10, 2020

In merchant innovation, consumers are increasingly beginning their shopping trips online , and a growing number are deciding to finish their journeys there. 1.7B : Number of unbanked individuals globally as of 2017. And in disbursements, mobile and instant payment methods can keep unbanked clients digitally engaged.

Retail 133

Retail Chicago Video Data 133

PYMNTS

AUGUST 13, 2020

The company reports that retailers selling through eCommerce are experiencing record sales numbers, but fraud rates are also on the uptick. A 2019 LexisNexis study found that overall retail fraud attempts increased by two times year over year and three times since 2017. Merchants pay $3.13 the prior year, by its measures.

Technology 248

Technology User Experience Fraud Comparison 248

PYMNTS

MARCH 17, 2020

It was supposed to be a thriving retail center in Milwaukee when it was built seven years ago. It’s one approach to a growing retail vacancy issue that local governments are getting more aggressive in trying to solve. Backers of the tax position it as a solution to the increasing amount of empty retail space in the city.

Retail 135

Retail Arlington San Francisco Milwaukee 135

PYMNTS

JANUARY 20, 2020

As evidence mounts that more consumers are doing more commerce from the comfort of their homes, there are also big changes when it comes the retail involved in that comfort — that is, home furnishings. Here’s the basics of how this furniture retail model works. That’s not all that’s going on in the world of furniture retail in 2020.

Retail 131

Retail New Hampshire San Francisco Trends 131

PYMNTS

OCTOBER 22, 2018

In an average week, the average consumer spends about 24 hours online – exactly 1/7 of their time. Consumers have more retail modes than ever before, in more regions of the world – and a greater ability to expand and customize their commerce activities. They shop, pay bills, book and manage travel – all digitally.

Data 182

Data Regional Fraud Course 182

PYMNTS

AUGUST 24, 2020

Retailers are not just looking to donate a percentage of profits to a charity or cause, either, but are also seeing it as a way to foster customer engagement. Donating to a variety of charitable causes can expand customer reach for retailer engagement. I think it’s very important for all brands to find their niche,” he said.

Online 142

Online Rhode Island Retail New York 142

PYMNTS

JANUARY 31, 2020

Online fashion marketplace Moda Operandi announced a $100,000 funding boost that it will use to invest in its technology and bolster business overall. While the company’s current value wasn’t disclosed, it had post-money valuation of $650 million in 2017, according to data from PitchBook, and has raised $345 million to date.

Online 134

Online Trends Capital Branding 134

PYMNTS

JULY 5, 2020

billion for Whole Foods , the online retail giant is planning to open its second automated-checkout grocery store in Seattle’s Eastside neighborhood and is hiring managers for a third store in the city’s Capitol Hill district, The Seattle Times reported. Amazon must like the supermarket business. Three years after it paid $13.4

Seattle 220

Seattle San Francisco US Chicago 220