PYMNTS

MARCH 25, 2019

To help meet customer expectations in the digital age, retailers have to know who their shoppers are and what they want. While eTailers already have this information about consumers, brick-and-mortar retailers don’t have this in-depth knowledge. They can also help capture the ages, genders and emotions (in some cases) of shoppers.

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Retail San Francisco Houston Branding 198

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

JANUARY 14, 2019

It looks like we can finally have a serious conversation about the impending collapse of physical retail in the U.S. All it took was a 160-year old retailer and a $34 billion kick in the stomach to the retail sector to get everyone’s attention. retailer, Sears, which found itself standing at Chapter 7’s front door.

Retail 198

Retail Online Mobile Data 198

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. 26 to hit $7.7 billion, up 17.6

Retail 179

Retail United States Millennials Study 179

Chris Skinner

MARCH 15, 2017

For example, it shows that the UK retail banking market place has become a dull playground thanks to mergers and acquisitions over the past half century: As a result, the six large banking groups held an 89% market share of the current account market. Anyways, there is some key metric data in the report.

Regulation 291

Regulation Retail Survey Mobile 291

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

JANUARY 21, 2020

Furniture is helping to build a larger retail ecosystem, with the value proposition of Oliver Space centered around providing furnishings, along with design help, to consumers who are moving. Data: 2017: The year IKEA bought TaskRabbit. 14: Approximate number of hours that Oliver Space has operated a live chat service.

Retail 130

Retail Innovation United States Data 130

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

Bank Innovation

FEBRUARY 8, 2017

Fiserv CEO Jeff Yabuki has joined the speaker faculty of Bank Innovation 2017, taking place March 6-7 in San Jose. Yabuki joined Fiserv in 2005. Under his leadership, the company has grown revenue to exceed $5 billion annually, and serves more than 13,000 institutional clients. Fiserv also supports this site’s Read More.

San Jose 150

San Jose Innovation Leadership Company 150

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.

Google 171

Google Retail Customer Experience System 171

PYMNTS

JANUARY 24, 2020

But no matter the case, music is a big part of the retail world, and is helping to create new harmonies of innovation and disruption. Although Apple will operate the playlist, a fairly young label called UnitedMasters , founded in 2017, will provide much of the music. Others don’t. New Partnerships and Services.

Retail 151

Retail Innovation Apple San Jose 151

PYMNTS

JANUARY 12, 2021

Verizon , Verizon’s Skyward unit and UPS Flight Forward are teaming up to provide drone delivery for retail products using Verizon’s 4G LTE and 5G networks. We will need the ability to manage and support multiple drones, flying simultaneously, dispatched from a centralized location, operating in a secure and safe environment. “We

Retail 179

Retail Florida Technology Company 179

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 company confirmed that the new locations will bring the brand’s total retail store count to 30 locations throughout the U.S.

San Diego 190

San Diego San Jose San Francisco Indianapolis 190

PYMNTS

JANUARY 2, 2020

It’s going to be a very vocal year when it comes to retail. About 31 percent of consumers now own voice-activated devices, up from 27 percent in 2018 and 14 percent in 2017. About 31 percent of consumers now own voice-activated devices, up from 27 percent in 2018 and 14 percent in 2017. Connected Commerce.

Retail 154

Retail Branding Comparison Data 154

PYMNTS

FEBRUARY 7, 2019

This is true for any industry, but perhaps even more so in the food retail space, where regulations can be as much about public health and safety as they are about money laundering and fraud. food retail market with the adoption of the Food Safety Modernization Act (FSMA), introduced by legislators in 2009 and signed into law in 2011. .

Compliance 164

Compliance Retail blockchain Regulation 164

PYMNTS

OCTOBER 23, 2018

To help shoppers check out without waiting in line, grocery retailers are rolling out entire stores centered around cashierless shopping experiences, enabling consumers to purchase fresh food and grocery items with a mobile payments app. ABI Research predicts that one million automated retail units will be in the Asia-Pacific region by 2023.

Retail 161

Retail Seattle San Francisco Metro 161

PYMNTS

JANUARY 25, 2021

The former CFO of Zalando SE, one of Europe’s most successful eCommerce retailers, Kemper was instrumental in leading the company’s IPO in 2014 on the Frankfurt stock exchange. In his eight years at the startup, he helped grow market capitalization to 11 billion euros from 2010 to 2017. Its most recent valuation was $3.5

Fintech 254

Fintech Operations Tools Capital 254

Bank Innovation

JUNE 8, 2018

What is the state of banking innovation today? Each year, we poll the industry to find out. Bitcoin mania has died down in the fintech world, and the conversation has shifted to technologies like voice banking, payments, and alternative credit scoring. This year, the pressure for banks to innovate is high, as banks no longer […].

Innovation 220

Innovation Bitcoin Fintech Industry 220

PYMNTS

SEPTEMBER 14, 2020

For the second time in the past week, the retailer has announced a pilot program to test how well drones will pick up and deliver packages. The latest news has Walmart launching a drone delivery operation near the company’s headquarters in Northwest Arkansas. The company started making deliveries by drone in Reykjavik, Iceland in 2017.

North Carolina 239

North Carolina Arkansas Connecticut Operations 239

PYMNTS

MARCH 17, 2020

It was supposed to be a thriving retail center in Milwaukee when it was built seven years ago. The DEO “seeks concepts and an operator to program the space to boost innovation and entrepreneurship, demonstrate creative placemaking and feature the Made in Fairfax Network. But it never happened. Starting Jan.

Retail 135

Retail Arlington San Francisco Milwaukee 135

PYMNTS

MAY 8, 2020

Brookfield has been moving in on mall-centric retail for some time, acquiring all of the stake for U.S. Retail mall stores were some of the hardest-hit with the pandemic, which forced store closures and steep revenue downfalls on an industry already struggling to stay alive due to eCommerce.

Retail 141

Retail Las Vegas Illinois Groups 141

PYMNTS

DECEMBER 27, 2018

Even before the holiday shopping season began, Amazon already commanded a growing share of consumers’ retail spending, according to The Amazon Paycheck Index from PYMNTS. percent in 2017 and 1.3 Over the last four years, retail sales have shifted to Amazon in key categories that were once the domain of the physical store.

Trends 134

Trends Retail Google Survey 134

PYMNTS

DECEMBER 2, 2019

Shares in Future Retail rose 13 percent on Friday (November 29) after India’s antitrust body announced that it has approved a deal that would give Amazon a minority stake in the company. In August it was reported that the eCommerce giant was in discussions to acquire a stake in Future Retail. percent of Future Retail.

Retail 130

Retail Marketing Groups Operations 130

Bank Innovation

JANUARY 10, 2017

Avin Arumugam, senior vice president of the Internet of Things at Visa, has joined the speaker faculty for Bank Innovation 2017, which takes place March 6-7 in San Jose. Arumugam was at JPMorgan Chase for four years prior to his starting at Visa in May 2016. Recent video footage also Read More.

San Jose 150

San Jose Innovation Video social media 150

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

JULY 29, 2019

The rise of video games, both online and mobile, is helping to drive innovation in retail. The move is one of several Tilly’s has been pursuing recently to draw additional foot traffic in an era when, like many youth-focused retailers, it is seeing its sales constantly shifting online. Larger Trends. More Money.

Video 120

Video Innovation Retail Apple 120

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. The latest evidence of that comes from Louis Vuitton. JD is also one of Farfetch’s largest shareholders. Back in the U.S.,

Retail 122

Retail New York City Branding New York 122

Bank Innovation

FEBRUARY 22, 2018

EXCLUSIVE – Green Dot had its “finest year in [its] history” in 2017, CEO Steve Streit said on yesterday’s 4Q earnings call. based company, which operates a growing suite of digital financial products, returned to its roots this year in several ways. The Pasadena, Calif.-based

Operations 220

Operations Company Apple Online 220

PYMNTS

JULY 25, 2017

Within the retail industry specifically, artificial intelligence (AI) is moving the ball for a lot of merchants looking to not only streamline their business operations but provide a more personalized experience for consumers. In our Q1 2017 Fraud Index , we found that eCommerce fraud has decreased an astounding 35 percent since 2016.

Fraud 196

Fraud Online Retail Maine 196

PYMNTS

JANUARY 8, 2020

Case in point, Stockwell: a self-service retail venture that got off on a very wrong foot with customers by, among other things, choosing the wrong name. When Stockwell launched in September of 2017, it went by a different name: Bodega. The Washington Post branded Bodega the most hated startup in America.

Retail 130

Retail Los Angeles Branding San Francisco 130

PYMNTS

JULY 23, 2019

Truckers play an important role in shuttling deliveries across country to retailers and merchants, handling 71 percent of the freight tonnage moved in America in 2017.

Retail 131

Retail System Payments Resources 131

PYMNTS

OCTOBER 30, 2020

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. . After over 20 years of quarterly revenue growth above 20 percent, the company registered its first quarterly loss in 2017.

Baltimore 219

Baltimore Maryland Regional America 219

PYMNTS

OCTOBER 10, 2019

Furner worked his way up through the retail giant, starting as an hourly associate in 1993, working part time in the garden center of a supercenter. He became the Sam’s Club president and CEO in 2017. He later became a store manager, then a district manager and then a buyer.

Operations 123

Operations Leadership Retail Management 123

PYMNTS

DECEMBER 26, 2019

This year, apps aimed to make it easier and more convenient for consumers to order their favorite foods and sundries, with restaurants and other retailers tapping into delivery. To help bring these options to more consumers, retailers and technology companies decided to join forces. and Chicago.

Retail 134

Retail New York City Los Angeles New York 134

PYMNTS

DECEMBER 6, 2019

And groups such as LVMH are also investing in retail ventures. From acquisitions to new or revamped brick-and-mortar stores, beauty, as well as cosmetic brands, are taking steps to evolve their retail operations. Glossier is opening temporary shops in Nordstrom stores, including the retailer’s New York flagship.

Branding 132

Branding Retail New York Miami 132

PYMNTS

DECEMBER 31, 2020

That’s up 13 percentage points from 2017, yet the Tracker also notes that “a substantial minority remains that still desires some form of in-branch capability for more complicated transactions.”. There will be a balancing out, and where it will finally come to rest is a guesstimate. Interactive Tellers (ITMs) accommodate this and more.

ATM 307

ATM Massachusetts Study Operations 307

PYMNTS

SEPTEMBER 24, 2018

100 Billion : Amount of online retail sales brought in during 2017. 25 : The number of nations in which Taxify operates. $1 In addition, ridesharing companies are embracing electric scooters en masse, but it remains to be seen if consumers will be enthused. 1 : Cost per minute talking to a live person vs. about $.10

Data 167

Data National Innovation Retail 167