PYMNTS

DECEMBER 27, 2018

Glenn Fodor, SVP and head of First Data Insights, contributed the following piece as part of PYMNTS’ 2018 year-end eBook. Brick-and-mortar’s performance to start the holiday season illustrated physical retail’s ability to encourage customers to spend more per visit. As the U.S.

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Data Retail eBook Online 173

PYMNTS

DECEMBER 28, 2018

This year, retailers from Kroger to Whole Foods Market brought new offerings ranging from cashierless checkout to personal shopping services to their stores. In August, Amazon and Whole Foods Market announced the rollout of a curbside pickup service for groceries in Virginia Beach and Sacramento. Personal Shopping Services.

Innovation 194

Innovation Sacramento Retail Kentucky 194

PYMNTS

DECEMBER 31, 2018

According to the report, cybercrime touched nearly every sector throughout 2018, including those that may seem less obvious, like education or manufacturing — and for one obvious reason: the money. For example, Marriott , Facebook and a database marketing firm by the name of Exactis exposed the records of roughly 300 million people.

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Data Security Tools Cards 230

PYMNTS

MAY 20, 2019

The number of ATMs installed during 2018 declined by 1 percent on a worldwide basis, found RBR, the research firm. million at the end of 2018 and that the decline was due to branch closures and growing popularity of mobile payments. In a press release , RBR said the number of ATMs stood at 3.24 In the U.S.,

ATM 164

ATM America Report Marketing 164

PYMNTS

DECEMBER 28, 2018

The online retail market hit $186.13 percent of the market share in China during the third quarter. In second place was eCommerce rival JD.com, which The Drum reported ended the third quarter with an online market share of 25.8 Its market share now stands at 6.4 percent market shares — and Gome, with 1.2

Marketing 192

Marketing Retail Online Analysis 192

PYMNTS

JANUARY 24, 2019

Before consumers started to trade brick-and-mortar shopping experiences for eCommerce websites, retailers could bring customers through their doors with window displays. According to the PYMNTS Virtual Reality In Retail Report , there are expected to be 100 million AR/VR headset users by 2022.

Retail 204

Retail Training New York City Technology 204

PYMNTS

DECEMBER 29, 2018

At the close of 2018, the consumer’s outlook on things is several shades brighter than it was a decade ago. total retail sales jumped 5.1 Amazon reported a record-breaking holiday season and was reportedly a major beneficiary of confident consumers’ appetite to shut down 2018 with some serious spending. from the year 2000.

Conference 182

Conference New York Report Retail 182

PYMNTS

SEPTEMBER 11, 2019

Virtual reality could have more retailers reach more consumers in the coming few years — in large part by upping the consumer experience. billion for retail and marketing in the year 2022, with revenues from VR initiatives expected to increase by 3,000 percent over the next four years. and Europe by 2022. Amazon VR Push.

Retail 192

Retail San Diego San Francisco Branding 192

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

MARCH 12, 2020

Quick: Who’s the biggest retailer in the U.S.? In terms of sheer size and locations, the United States Postal Service (USPS) is the biggest retailer in the country, with 31,000 locations covering pretty much every town. Now, a new report is asking a good question: What if the post office expanded its retail offerings?

Retail 169

Retail US Survey Examples 169

PYMNTS

OCTOBER 30, 2020

29) that retail investors in mainland China made over $2.8 More than five million people made orders in Shanghai for stock – reportedly a new high for IPO subscriptions on STAR Market, which rolled out in 2019. billion into Ant in the summer of 2018 as part of its third round of funding. Ant Group indicated on Thursday (Oct.

Groups 223

Groups Retail Report Fintech 223

Bank Innovation

FEBRUARY 12, 2020

In-store branches are satellite bank branches located inside large retail spaces, such as supermarkets or chains like Walmart and Safeway. As of January, there were 3,989 in-store branches of FDIC-insured institutions housed within retail stores, a decrease of 2.3% since June 30, 2018, S&P Global Market Intelligence reported.?

FDIC 243

FDIC US Retail Digital Banking 243

PYMNTS

JANUARY 21, 2020

Don’t look now, but virtual reality and augmented reality are starting to make bigger gains in the retail world. The spread of VR and AR technology is not confined to physical retailers, either — eCommerce giants are getting into the game as well. billion via retail and marketing in 2022. Larger Trends.

Retail 210

Retail Trends Washington Technology 210

PYMNTS

JANUARY 10, 2018

For example, over the last two years, Mastercard has moved its focus from start-ups that are still quite nascent, to those that have taken important steps to grow by raising funds, putting an actual product in market and beginning to scale. “And our goal is to find the opportunities to work together with start-up companies.”.

Company 194

Company Meeting Millennials blockchain 194

PYMNTS

DECEMBER 16, 2020

Benetton Group , an Italian fashion company, is teaming once more with retail market intelligence firm EDITED as an "essential platform" for its future three-year roadmap, according to a Wednesday (Dec. 16) announcement. “As

Groups 157

Groups Retail Analytics Branding 157

PYMNTS

APRIL 10, 2020

Fruit Street – a virtual one-stop-shop specializing in digital diabetes diagnosis and treatment – has partnered with vegetarian meal kit purveyor Purple Carrot to add a retail angle to its health advisory service. We want our users to see themselves in our marketing materials and identify with those people.

Retail 242

Retail Guidelines User Experience Branding 242

PYMNTS

NOVEMBER 24, 2019

Although Alibaba and JD.com usually lead China’s eCommerce market, the four-year-old Pinduoduo is “popular with China’s lower-tier city residents.” Pinduoduo, in turn, gets the opportunity to build a relationship with overseas retailers and branch out with more product categories. . percent of the country’s market last year. .

Marketing 181

Marketing Retail Google Online 181

PYMNTS

JANUARY 8, 2021

Bloomberg notes that such an offering would be unusual, as retail investors generally do not get an opportunity to participate in an IPO at the offering price. Having retail investors buy shares ahead of the opening could also limit the size of the rally of the stock on its first day of trading.

Massachusetts 363

Massachusetts Fintech Millennials Retail 363

PYMNTS

SEPTEMBER 30, 2020

Dwindling sales and mounting donations have spelled doom for the market for buying recycled clothing, Reuters reported. In Kenya, there were 176,000 tons of imports of clothing in 2018, equivalent to more than 335 million pairs of jeans, according to Reuters.

Marketing 257

Marketing Report Company Retail 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

FEBRUARY 10, 2020

23.11B : Value of the global interactive kiosk market in 2018. percent: CAGR of the global interactive kiosk market from 2019 to 2025. Data: 2019: The year Tommy Hilfiger introduced its visual commerce app via desktop and mobile at tommy.com. 2017: The year Target began incorporating Pinterest’s visual search tool.

Retail 184

Retail Tools Data Branding 184

Perficient

SEPTEMBER 29, 2020

In August, we surveyed 154 marketing executives to find out what they think is likely to happen this holiday season and how they’re preparing for it. I’m the Principal for the Digital Marketing Solutions Business Unit here at Perficient. What will be different this holiday season and how to adjust your strategy accordingly.

Marketing 294

Marketing Branding Data Industry 294

PYMNTS

NOVEMBER 9, 2018

The ascent of eCommerce and the digital tools that support it have made it easier — in both theory and practice — for retailers to not only see how consumers browse and what they buy (to analyze the entire path to purchase), but to get to know them in the same ways as those old-time general store operators who served small towns.

Innovation 174

Innovation Retail Maine Security 174

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. The company’s digital ad market share is expected to go up 2 percent this year, from 6.8 percent in 2018.

Retail 165

Retail Video Google Branding 165

PYMNTS

FEBRUARY 11, 2019

Amid great technological change, health and beauty retailers are developing strategies to drive innovation. In some cases, retailers are using social media tools such as Instagram to post promotions and product tutorials — or interact openly with consumers about their offerings. More than six in 10 health and beauty firms — or 61.7

Innovation 166

Innovation Retail social media Apple 166

PYMNTS

AUGUST 21, 2019

There was no direct, immediate indication that the technology — and this new advance — would have retail or payment implications anytime soon. billion digital records were compromised in the first half of 2018 alone — a staggering figure that could not have been possible if digital IDs were not drawing so much attention.

Retail 185

Retail Payments Analysis Technology 185

PYMNTS

NOVEMBER 19, 2018

But the same technology that enables those transactions also can bring the benefits of consumer intimacy to small and medium-sized businesses (SMBs) that are often struggling to win more market share in a retail world dominated by the likes of Amazon, Walmart and other large retailers. That might sound obvious.

Retail 177

Retail Innovation Comparison Training 177

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

APRIL 9, 2019

Voice-assisted retail has commanded most of the spotlight in recent months, a reasonable development given the sales of voice-enabled devices, especially during the 2018 holiday shopping season. Take one example from apparel retail (this one without any sweaters). Like so much else in digital retail, success comes down to data.

Retail 166

Retail social media Tools Technology 166

PYMNTS

APRIL 9, 2020

It seems like a year ago, but it was actually only March 8 when discount retailer Burlington announced that it was abandoning its admittedly watered-down eCommerce offering. On one hand, the best way to get people in stores and avoid the fate of other brick-and-mortar retailers was to make online sales the only option.

Retail 164

Retail United States Exercises Online 164

PYMNTS

AUGUST 5, 2020

“For us, the revolution starts with the market,” said Co-founder and CEO Joshua Silberstein. The market is fundamentally changing, and as the market changes, so do the sources of competitive advantage. In fact, it has been profitable since it was founded in July 2018, with its revenue doubling (on average) every 73 days.

America 336

America Marketing Operations Retail 336

PYMNTS

JULY 5, 2020

Federal workers, through partnerships with several online retailers, will now be able to purchase equipment like desks or office supplies through an eCommerce network for the first time, The Washington Post reports. The GSA is estimated to spend around $6 billion per year on open market credit card purchases.

Online 149

Online Retail Washington Fraud 149

PYMNTS

JANUARY 2, 2019

Tovala Marketing VP Lauren Funk told PYMNTS in a February interview , “we’re essentially making a deal with a customer that if you commit to ordering some meals with us, we’ll drop the cost of the oven.”. . Tovala’s wasn’t the only offering on the market: Anova Precision Cooker and Electrolux also reportedly provided similar services.

Company 176

Company Marketing Report Trends 176

PYMNTS

JANUARY 5, 2021

4) alongside volatility in highly leveraged futures markets before recovering losses. Ethereum, the second-biggest cryptocurrency, which usually rises at the same time as bitcoin, also hit its highest level on Monday since 2018, with a $1,170 value, Reuters reported. 16 and other high points for consecutive days after.

Bitcoin 329

Bitcoin cryptocurrency Report Retail 329

PYMNTS

JULY 2, 2020

To provide single-serve frozen products in retail stores, Purple Carrot has rolled out its completely plant-based meals at most Whole Food Market locations throughout the nation in the frozen food section. The sales of plant-based foods increased approximately five times quicker than retail food sales in the U.S.

Marketing 141

Marketing National Branding Retail 141

PYMNTS

OCTOBER 22, 2020

tZERO announced that its tZERO Markets retail broker-dealer subsidiary is now online and has rolled out a web application, according to a Wednesday (Oct. tZERO Markets will begin signing up individual investors based in the U.S., 21) announcement. with intentions to include U.S.

blockchain 168

blockchain Retail Bitcoin cryptocurrency 168

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.

Retail 154

Retail Branding Comparison Data 154