PYMNTS

DECEMBER 22, 2020

In investments, social media-focused attire reseller Poshmark recently filed for an initial public offering , hoping to catch an IPO wave that saw massive first-day increases for DoorDash and Airbnb. 27 : Average number of minutes that active users spent per day on the Poshmark site in 2019. in the same period last year.

social media 144

social media Innovation Retail Data 144

PYMNTS

AUGUST 13, 2019

For fans of retail or marketing history — or just fans of how people communicated in the past — reading old magazine and newspaper advertisement from, say, before the 1960s can be fun and illuminating. Already, retailers, telecoms and others are mapping out that 5G AR future (and beyond). The Rise Of AR.

Retail 169

Retail social media Video Mobile 169

PYMNTS

FEBRUARY 3, 2020

Ask Amazon, which had to shutter its social shopping entry, Spark, after two years in July 2019. percent of online sales came from social channels. However, 8 percent of Cyber Monday visits did originate from social media, an increase of 17.5 Brand advertisers, it says, need to justify social media ROI.

social media 144

social media Branding Survey Strategy 144

PYMNTS

SEPTEMBER 30, 2020

In today’s top retail news, Spiceology aims to shake up the D2C realm, and small and medium-sized businesses (SMBs) face decisions of how — or whether — to compete with Amazon’s October Prime Day event. 13 and 14 in this year of unpredictable and unprecedented retail happenings. Spiceology Shakes Up The D2C Status Quo.

Retail 189

Retail social media US Marketing 189

PYMNTS

DECEMBER 15, 2020

Keeping consumers invested and engaged is an eternal challenge for retailers. Merchants must constantly reevaluate their customer-targeting efforts to suit the latest commerce developments, and many are pivoting from brick-and-mortar advertising to focus their outreach online or via social media channels.

Payments 236

Payments social media Branding Retail 236

Bank Innovation

JUNE 3, 2019

Bank, will participate in a fireside chat at Bank Innovation Build 2019, this blog’s event on best practices in banking innovation. Dominic Venturo, executive vice president and chief innovation officer at U.S. Bank Innovation Build will take place November 6-7 at Atlanta’s W Hotel Downtown. Register here.)

Innovation 170

Innovation Atlanta Industry social media 170

PYMNTS

DECEMBER 3, 2019

Until 1939 that is, when the last Thursday in November fell on the 30th and retailers flooded President Franklin Delano Roosevlents office and begged him to consider moving the date. There was the small matter of a raging depression — and retailers argued that the shortened shopping season could do them in. The Sky Is Falling .

Retail 139

Retail Millennials Online Data 139

Bank Innovation

JANUARY 31, 2019

PayPal finally anticipates monetizing Venmo in 2019, nearly six years after acquiring the P2P service. Venmo's revenue run-rate is over $200 million for 2019, PayPal CEO Dan Schulman said in the earnings call Wednesday after market close.

Marketing 170

Marketing social media Online Cards 170

PYMNTS

DECEMBER 18, 2020

Social media-focused clothing reseller Poshmark became the latest platform company to file for an initial public offering (IPO) this week, hoping to catch an IPO wave that saw big first-day pops recently for Airbnb and DoorDash. million in 2019, Poshmark made $21.1 That’s up 28 percent from the same 2019 period.

social media 232

social media Online Millennials Training 232

PYMNTS

MARCH 17, 2020

eCommerce’s rise has only made designing retail showrooms more complex, however. Merchants need to bridge this gap as digital connectivity pushes the retail world’s boundaries. Companies need all the tools they can get to keep consumers engaged in the competitive retail environment. The Rise of Visual Search.

Retail 143

Retail Tools Millennials social media 143

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.

Retail 132

Retail Trends Analytics social media 132

PYMNTS

JUNE 13, 2019

Technologies such as artificial intelligence (AI) and biometrics are changing the digital security landscape, and a recent study found that social media networks have become a more popular way for hackers to target new victims. 22 billion: Projected over-the-top (OTT) media revenue for 2019. All this, Today In Data.

Security 139

Security Tools social media cryptocurrency 139

PYMNTS

MAY 5, 2020

As retailers contend with the continuing COVID-19 crisis and the inevitable resettling of the business, one of the most popular pieces of advice has been to reformat existing stores. From there, we look at where the people who are interested in us are coming from, based on social media and traditional media.”.

Retail 150

Retail New York City New York social media 150

PYMNTS

JANUARY 23, 2020

And retail and commerce-related payments are certainly a big part of that trend. It’s not just the direct selling of products to consumers that matters when it comes to cross-border retail. Several retail and retail-related trends are at play with this funding announcement. Importance of Logistics and Payments.

Retail 151

Retail social media Branding Trends 151

PYMNTS

MARCH 2, 2020

s most high-profile retailers is doing well in the U.S. and another one is ready to open, both of them seeking a new market as their home turf sees retail struggles. s fastest growing brick-and-mortar retailer, Wren Kitchens. And also in training our retail staff to offer the customer a fantastic service.”. expat effort.

Retail 132

Retail Marketing US Connecticut 132

PYMNTS

JULY 30, 2019

One of the biggest retail stories as we head into 2020 is how India is a battlefield of digital commerce, along with a hotbed of retail innovation. The eCommerce retailer is said to be working with Catamaran and has started hiring workers for the operation per unnamed sources, Reuters reported. The company was founded in 2016.

Retail 108

Retail social media eBook Report 108

Bank Innovation

APRIL 22, 2019

The Liftoff 2019 Mobile Finance Apps report, released earlier this month, showed that finance-focused mobile apps retain more users than retail, media, dating […].

Mobile 186

Mobile Report Industry Video 186

PYMNTS

JULY 16, 2019

Banks and merchants are racing to meet the Strong Customer Authentication (SCA) deadline as September 2019 approaches. As such, the European Banking Authority (EBA) has announced extensions for retailers that may require more time to comply. These extensions will only be granted to a select few retailers, however.

Strategy 188

Strategy social media Regulation Retail 188

PYMNTS

JANUARY 13, 2021

The social media-focused platform company’s business model is simple: it’s a retail destination for consumers looking to sell their second-hand apparel and other goods or pick up desirable designer items for fraction of the price. Unique to Poshmark are social media aspects like the ability to share “likes” on favored items. “We

social media 169

social media Trends Retail Report 169

PYMNTS

NOVEMBER 25, 2019

Social media site Pinterest has announced a new feature that will allow users to make purchases from a selected number of online shops as it continues to expand and grow, according to a report from CNBC. The feature, called the Pinterest Shop , has hundreds of what the company is calling “Product Pins.”

social media 131

social media Google Study Online 131

Bank Innovation

FEBRUARY 5, 2019

Time is running out to apply for Bank Innovation’s DEMOvation Challenge, in which fintech startups demo before a crowd of conference attendees in hopes of earning their vote and walking away with prizes. The application deadline is Friday, February 8. Apply here.

Conference 170

Conference Fintech social media Operations 170

PYMNTS

FEBRUARY 4, 2020

Amazon , in one case, had to close its Spark social shopping entry last year – but multiple market dynamics could drive growth for social shopping in 2020. Data: 2019: The year Amazon shuttered its Spark social shopping entry. 3.5B: Amount Amazon earned in advertising revenue for Q3 2019. All this, Today in Data.

social media 130

social media Survey Data Marketing 130

PYMNTS

SEPTEMBER 5, 2019

Luxury retail is being revised — and in some cases, reinvented — and those trends are worth attention as the 2019 holiday shopping season approaches. Not only that, but the luxury online consignment retailer opened a brick-and-mortar store on New York City’s famed Madison Avenue. Indeed, in its recent U.S. Barneys Woes.

Retail 123

Retail New York New York City Philadelphia 123

PYMNTS

JULY 7, 2020

introduced a new social eCommerce app. The offering brings together the functions of an online shopping website that Verishop rolled out in 2019 with a digital app that works similar to TikTok and Pinterest, Bloomberg reported. The pandemic, for its part, has closed a number of malls and physical retail locations.

social media 142

social media Online Strategy Retail 142

PYMNTS

APRIL 2, 2020

billion spent on TV advertising in 2019 illustrates. billion in 2019 and is projected to total $62.1 Banks can even harness external regulatory, trading and social media engagement data, all of which can be processed and analyzed to benefit their operations. This issue is present in almost every industry, as the $70.3

Analytics 237

Analytics Data Big Data social media 237

PYMNTS

JANUARY 20, 2020

Outlook India recently reported that SMBs in the country are seeking a government initiative to require government departments and large firms to disclose details behind all invoices that are 45 days past due, with community social media platform LocalCircles leading the charge in an effort to improve local SMBs’ cash flow.

Payments 237

Payments social media Report Analysis 237

PYMNTS

AUGUST 17, 2019

In the era of social media, there are many, many ways to track the beginning of the school year without looking at a district calendar. However, some people would prefer to use data to judge social trends as opposed to viral social media posts – and luckily, back-to-school shopping has plenty of that to serve up.

social media 136

social media Retail Report United States 136

PYMNTS

JUNE 18, 2020

Robinhood was at the heart of a recent increase in day trading, with retail investors stuck in their residences because of pandemic restrictions. At the conclusion of 2019, Robinhood said it had 10 million users. We apologize for the trouble and appreciate your patience as we worked to resolve this,” it said.

social media 174

social media Millennials Marketing Online 174

PYMNTS

OCTOBER 5, 2020

According to the NPD Group , COVID-19 brought the year’s good start to a halt, with March athletic shoe sales down about 40 percent compared to 2019 and taking a 50 percent hit in April. Despite its 37 -state footprint, Werder noted that Fleet Feet thinks of itself as both a national brand and a community retailer.

Technology 131

Technology Retail North Carolina National 131

PYMNTS

JUNE 1, 2020

Starting Monday (June 1), users of the San Francisco-based image sharing social media service can tap the camera in the search bar and snap or upload a photo to see the “Shop” tab with similar products. Each product found will link to the checkout page on the retailer’s site, per the company’s announcement.

San Francisco 138

San Francisco social media Online Retail 138

PYMNTS

JANUARY 28, 2020

As recently as a few years ago, experts were predicting the era of social media platforms was over, and that new entrants were far less likely to make a dent on the market than be bought out by the established names in the game. In that effort, in fact, it is hardly alone as social media platforms go. percent from 4.5

social media 134

social media Video Branding Analytics 134

PYMNTS

JUNE 14, 2019

However, in the 2019 Retail Banking Report, a study by Reputation.com that analyzed online data relating to retail banking locations for 23 major U.S. The study came up with Reputation Scores, measured on a scale of 100 to 1,000, based on online reviews, accurate listings, social media, search results and customer engagement.

Retail 103

Retail Study Online Mobile 103

PYMNTS

MAY 22, 2019

“We continue to see a healthy economic backdrop for our business,” CEO Brian Cornell said, noting that Target is “well-positioned to deliver strong financial performance in 2019 and beyond.”. The retailer also launched an environmentally friendly brand of cleaning products called Everspring during the first three months of the year.

social media 187

social media Branding Online Report 187

PYMNTS

JULY 10, 2020

in 2019’s third quarter. million individuals currently hold streaming, education and training, digital media or consumer retail product subscriptions, 27.4 billion in 2019’s fourth quarter. At the time, CEO Jeff Bezos proudly proclaimed that “more people joined Prime [in 2019’s fourth quarter] than ever before.” (The

Report 197

Report social media User Experience Training 197

PYMNTS

MAY 7, 2020

As COVID-19 has forced shutdowns and social distancing, web sales have been on the rise, and many entrepreneurs are moving their business models online. It will work on any website, social media profile, instant messaging app and SMS (text messaging), Square said. Sellers who do not use Square can sign up for online checkout.

Tools 153

Tools San Francisco Payments social media 153

PYMNTS

FEBRUARY 14, 2020

Things could not have gone much better for Wine.com in 2019. By all accounts, including industry bible Wine Enthusiast, the wine of the year for 2019 was the Taylor Fladgate Quinta de Vargellas Vinha Velha 2017. And the wine retailer of the year? There are gatekeepers for economic reasons all over the world of online retail.

San Francisco 150

San Francisco Millennials Oakland Customer Experience 150

PYMNTS

JUNE 24, 2020

On Tuesday (June 23) Instagram announced it was opening social shopping to more businesses including its own influencer community. On Wednesday it followed that with the biggest cosmetics retailer, Sephora. is any indication, social commerce will be a force in the eCommerce space. billion in 2019. which reached $19.42

social media 150

social media Branding Community Retail 150