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.,

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ATM America Report Marketing 164

PYMNTS

NOVEMBER 10, 2020

The David’s Bridal application was built by Vertebrae , a tech company that specializes in bringing real-world applications to retailing. Vince Cacace , CEO of Vertebrae, told PYMNTS that AR in 3D has become a high-demand technology for all kinds of products and retailers. “We How does it work on me? How does it work in my space?

Retail 261

Retail Technology Training Online 261

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

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

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PYMNTS

SEPTEMBER 4, 2018

In order to test out the market in certain areas, a growing number of retailers in Manhattan are opting for short-term leases before making a long-term commitment to a location. The retailer, which started online seven years ago, opened up a holiday pop-up store in 2016. That’s how we run our website.”.

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PYMNTS

JANUARY 22, 2020

And in tech, virtual reality (VR) and augmented reality (AR) are starting to make more significant gains in the retail world. 171M: Number of worldwide virtual reality (VR) users in 2018. 1.8B: Amount that virtual reality will generate through retail and marketing in 2022. . All this, Today in Data.

Retail 141

Retail Innovation Technology Data 141

Bank Innovation

NOVEMBER 15, 2017

In addition to fireside chats, startup demos, and general sessions, Bank Innovation’s 2018 conference has added a pre-conference workshop on how to build an innovation team, added even more time […].

Conference 225

Conference Innovation Fintech How To 225

PYMNTS

JANUARY 24, 2019

And that dominance came during a slowdown in the Chinese smartphone market, as well as some games being frozen on the market. All in, Chinese consumers were behind 40 percent of the $101 billion in app-related purchases in 2018 — including paid downloads, in-app purchases and in-app subscriptions.

Marketing 139

Marketing Mobile Video Regional 139

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

SEPTEMBER 12, 2019

Video games are helping to drive retail innovation and growth, and that includes the hot area of subscription commerce. Gaming is figuring out the upsell,” Burkhart told Webster, “and utterly changing the entire market.”. In-store sales, notably, is where the retailer needs to see growth.

Video 248

Video Retail Innovation Trends 248

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

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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 6, 2019

And, in retail, wellness innovators are personalizing vitamin subscriptions for better self-care, while disruptors are aiming to replace heavy parking structures with automated towers. institutions lost to check fraud in 2018. billion: Projected value of the automated parking system market by the end of this year.

Retail 148

Retail Payments System Fraud 148

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

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

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PYMNTS

SEPTEMBER 12, 2019

Data shows that stores are closing or filing for bankruptcy this year at a faster pace than in 2018. And additional retail bankruptcy filings are expected in the second half of the year, while brick-and-mortar stores will continue to close at a higher rate, according to a report by professional services firm BDO USA LLP.

Retail 137

Retail Charlotte New York Taxes 137

PYMNTS

AUGUST 2, 2018

Retail is undergoing a reinvention with the rise of eCommerce, and merchants are trying new approaches to their brick-and-mortar stores. Overall, retailers such as Nordstrom are changing their models as an increasing amount of retail spend is now being completed away from physical retail stores. Retail spending saw a 1.6

Retail 102

Retail Marketing Los Angeles Online 102

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

PYMNTS

JUNE 3, 2019

Online retail has had a tremendous impact on logistics, further evidence of which emerged on Monday (June 3). and other retailers to fulfill orders from online shoppers.” As PYMNTS has covered , it’s a good time in America to have a retail space ready to rent out, as eCommerce merchants are on the hunt and signing large contracts.

Retail 198

Retail Online Groups America 198

PYMNTS

JANUARY 18, 2019

Amazon Stores, a program that lets Amazon sellers curate pages for their brands and products, has helped more than 50,000 small and medium-sized businesses (SMBs) do more than $500,000 in sales across the globe in 2018, the company announced on Friday (Jan. The sellers come from every state in the U.S. and more than 130 countries.

Retail 141

Retail Branding Community Marketing 141

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 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.

Data 230

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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 8, 2020

Department store chains in the United States might have experienced another disappointing holiday season, with the category of retailers that includes Macy’s , Nordstrom and JCPenney seeing overall sales drop 1.8 Customers responded to our gifting assortment and marketing strategy, particularly in the 10 days before Christmas.”.

Retail 131

Retail United States Marketing Strategies Report 131

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

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

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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

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 2018. The mattress market, however, has blossomed with new entrants, with the inclusion of Nectar , Tuft & Needle , Leesa, and Purple. million in 2017 and $92.1

Retail 130

Retail Online New York America 130

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

JUNE 14, 2019

eCommerce market is far below previous projections. In the April letter Amazon for the first time officially confirmed the percentage total gross merchandise sales in 2018 that came via third-party sellers — 58 percent. retail sales is only 4 percent. New estimates from eMarketer say that Amazon’s share of the U.S.

Marketing 134

Marketing Retail Data Google 134

PYMNTS

OCTOBER 18, 2017

The data-driven “Restock Kroger” initiative will largely take the place of new growth in the coming year, according to Supermarket News , with improvements to customer service and assortment winning out over expansion in 2018. However, the category resets have so far touched only 6 percent of the grocer’s 2,778 retail stores.

Data 109

Data Strategy Branding Retail 109

PYMNTS

JULY 31, 2019

Smartphone shipments for Samsung increased in the second quarter of 2019, the company said in its latest earnings report , thanks to retail sales of its mid-level models. Samsung’s earnings provide a glimpse into the intersection of retail and mobile. Samsung plans to increase its market share in the technology to 20 percent by 2020.

Samsung 139

Samsung Retail Mobile User Experience 139

PYMNTS

FEBRUARY 11, 2019

Among the hottest battles for eCommerce market share involves private label products, with a recent move from Walmart among the latest developments in that particular arena. 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.

Retail 158

Retail Branding Online Seattle 158

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

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 Exercises United States Online 164

PYMNTS

JANUARY 6, 2019

Despite a record-breaking holiday season for retailers in 2018, the strength of the industry’s recovery is being called into question as data emerges that shows declining traffic in stores and a slowdown in the rental growth at malls. For the last quarter of 2018, The Financial Times reported the price of rent increased 0.8

Retail 123

Retail US Apple Data 123

PYMNTS

JULY 16, 2018

The prediction of the year that seems to be the go-to for the retail watching space is $3.6 Daniel Ives, the head of technology research at the market research analytics firm GBH Insights , is the source of the prediction. Spending, of course, is the simple and straightforward answer — and a whole lot of it, analysts believe.

Course 100

Course Retail Marketing Analytics 100