PYMNTS

FEBRUARY 20, 2019

Worldwide legal cannabis products represented a $55 billion market in 2018, and most analysts estimate that it will have nearly tripled to reach $147 billion by 2025. By 2025, estimates put it in the $15 billion range. Our CBD assortment is an important part of our brand’s commitment to the health and well-being of our customers.”.

Retail 136

Retail District of Columbia San Francisco Denver 136

PYMNTS

FEBRUARY 4, 2020

Japan foresees a shortfall of 380,000 workers by 2025 in just the healthcare sector alone. The news comes as news surfaced last year that Uniqlo is undertaking a $917 million upgrade that will ultimately make it the most automated retailer in the world, with a logistics support staff that will be approximately 90 percent robotic.

Retail 131

Retail Operations Software Branding 131

PYMNTS

JUNE 12, 2018

Borrowing from the strategy of fast food restaurants, Dine Brands is working on a new order-ahead technology. It’s like converting casual dining to fast food,” Dine Brands CEO Stephen Joyce told The Post. According to PYMNTS’ Kiosk and Retail Report , a USA Technologies collaboration, the U.S.

Branding 122

Branding New York Technology Study 122

PYMNTS

MARCH 17, 2020

retail economy is unprecedented. What are some of the retailing changes that could last beyond the end of the coronavirus crisis? Contactless payments, however, will fit nicely into what will be a need to have low-touch or no-touch retailing experiences. The partial shutdown of the U.S. So what sticks? They want convenience.

Retail 134

Retail Seattle Comparison Trends 134

PYMNTS

AUGUST 22, 2018

We operate the only truly global luxury digital marketplace at scale, seamlessly connecting brands, retailers and consumers. In citing some stats, the company said that the global market for luxury goods stood at $307 billion last year and should reach as much as $446 billion by 2025, per Bain. Within that, how much is online?

Online 101

Online Retail Branding Data 101

PYMNTS

JANUARY 29, 2018

Online grocery sales are a booming business, with the eCommerce segment expected to make up 20 percent of all grocery sales by 2025. Through platforms such as Instagram, for example, grocery brands can promote their products and show what the end results of a successful trip to the supermarket could look like.

Retail 126

Retail social media Examples Marketing 126

PYMNTS

JANUARY 9, 2019

Retailers raked in more than $850 billion during the 2018 holiday season, marking the fastest holiday retail sales growth seen in the past six years. Luxury retailers have been slower to move online than some other retailers, but the impact of online sales in this industry can already be seen.

Fraud 109

Fraud Retail Security Online 109

PYMNTS

JANUARY 16, 2020

Anybody who tries to use the eCommerce marketplace model to get into the multi-brand retail space surreptitiously will have to be questioned, will have to be investigated,” he said. Goyal said the ongoing CCI probe questions why an online marketplace should lose money. .

Conference 131

Conference Retail Branding Meeting 131

PYMNTS

NOVEMBER 28, 2018

The mobile payments that will be enabled at all Welcia locations are China’s Alipay and WeChat Pay , as well as Japanese payment brands LINE Pay and NTT DOCOMO’s d Payment. The moves comes as the Japanese government has set a goal to increase cashless payments to 40 percent by 2025. “We

Payments 211

Payments Mobile Regional Retail 211

PYMNTS

SEPTEMBER 11, 2019

CBD has in short order become something of a retail fad. Short for cannabidiol, CBD is a chemical derived from cannabis plants that is increasingly favored for a whole host of medical and wellness related applications across the retail spectrum. CBD alone is forecast to be worth $16 billion by the year 2025. Probably not.

Marketing 124

Marketing US Branding Retail 124

PYMNTS

JULY 23, 2020

The Thread Shop, which is a music merchandising company from Sony Music Entertainment, provides a number of retail and licensing options via eCommerce, merch tables on music tours, brand tie-ups, tailored designs and events as well as pop-ups. 5G technology is set to compose 15 percent of global mobile connections by 2025 per GSMA.

Online 161

Online Retail Branding Groups 161

PYMNTS

FEBRUARY 7, 2020

Retailers are starting to tap into the camera,” said Ted Mann, CEO of visual search technology provider Slyce. They expect the retailers to be able to support it.”. StyleSnap’s recommendations draw on a number of factors, including brand, price range and customer reviews. And it really has been wildly successful for that.

Branding 151

Branding Retail social media Mobile 151

PYMNTS

SEPTEMBER 15, 2020

Amplify ETFs CEO Christian Magoon, who runs the Amplify Online Retail ETF (IBUY), expects to see current Walmart customers sign up, rather than current Prime users making the switch or adding another membership program. We have three ideas: First, it’s a branding play. So, maybe Walmart+ hasn’t hatched its service as an Amazon-killer.

Branding 151

Branding Retail Online Video 151

PYMNTS

JULY 30, 2020

Pre-pandemic, the company projected that online grocery delivery would hit around $20 billion around 2025. The retailers it chooses to work with (currently numbered at around 100) are vetted by the company before being added to the roster. The key is flexibility between Shipt and the retailer. What else are they ordering?

Retail 199

Retail US Strategy Company 199

PYMNTS

FEBRUARY 1, 2018

Farfetch allows customers to buy luxury clothes and accessories from more than 700 brands and boutiques worldwide. According to Reuters , CEO and founder Jose Neves made the announcement on Wednesday that the London-based company is testing out the services, and will eventually offer up the technology to other brands and boutiques.

Mobile 100

Mobile Retail Branding Study 100

PYMNTS

MAY 20, 2019

Kiosks are increasingly becoming part of the retail landscape. As reported in the latest Unattended Retail Tracker , done in partnership between PYMNTS and WorldNet Payments, unattended retail is gaining traction worldwide, on the heels of growth in consumer demand and as employers look to increase their operating profits.

San Francisco 170

San Francisco Retail Philadelphia Cards 170

PYMNTS

JANUARY 24, 2020

Pine Labs, which started as a retail payment provider about 10 years ago, has grown into a payment acceptance, stored value and in-store customer credit company. This offers enormous potential for merchants, brand owners and financial institutions to drive innovations that maximize flexibility and choice for consumers,” the release stated.

Payments 152

Payments Innovation Study Meeting 152

PYMNTS

OCTOBER 1, 2018

Packaged goods often reach consumers’ hands after traveling across oceans and being shipped between manufacturers, distributors and retailers. As brands seek greater transparency and control, some IoT players are suggesting packaging do more than display product descriptions, logos and barcodes.

Branding 155

Branding Retail Technology Data 155

PYMNTS

FEBRUARY 5, 2020

5) that it plans to ramp up focus on its private brands, which it expects will comprise a quarter of its sales by 2025, per a report. “Private brands are already among our highest margins, but we continue to find ways to improve,” CMO Patti Ongman said in a statement to the NYSE. ” Anchor Tenant Concepts.

Apple 130

Apple Retail Dallas Branding 130

PYMNTS

OCTOBER 10, 2018

The nation’s legal cannabis market is expected to target around 32 million adults by 2025 and drive about C$10.4 billion in retail market sales, Roth Capital Partners analyst Scott Fortune wrote in a client note. This month, Canada will become the first major economy to legalize recreational marijuana.

Industry 129

Industry Marketing Retail Capital 129

PYMNTS

JULY 7, 2020

and European automobile “sales” by 2025. “The early trials have proven this as an effective way of encouraging new customers to try the brands, with 80 percent of new members not having previously owned a Jaguar or Land Rover vehicle,” the release stated.

Management 191

Management Branding Innovation Retail 191

PYMNTS

DECEMBER 4, 2018

s revenues fell slightly below estimates for the third quarter , while New York City is a popular destination for brands looking to open their first pop-up shops. percent: The share of brands that pick New York as the location for their first pop-up shops. And Tiffany & Co. ’s which were slightly below analysts’ estimates.

Data 100

Data New York City New York Fraud 100

PYMNTS

JUNE 6, 2019

For some time now, retailers have been using it and radio frequency identification (RIFD) behind the scenes for stock and quality control, as well as to provide product information to customers with smartphones. percent between 2018 and 2025. JPMorgan Chase will roll out new Visa-branded contactless EMV cards this year.

US 140

US Apple New York City Cards 140

PYMNTS

JULY 29, 2019

The founding concept behind the brand, CEO and Founder Chaitanya Nallan said of the skincare brand he founded in 2017, is that the skincare industry today has two main problems. Despite growing levels of frustration among their consumers, skincare brands continue to churn out generic formulations catering to the mass market.

Data 190

Data Branding Comparison Marketing 190

PYMNTS

DECEMBER 17, 2018

It’s why Amazon is taking back Whole Foods delivery from Instacart , the multiple billion-dollar brand built for bringing groceries to consumers’ front doors. Data: $100 billion: The estimated worth of digital supermarket sales by 2025. billion: Instacart’s valuation as of its last funding round. in the first six months of 2018 alone.

Data 122

Data Compliance Fraud Branding 122

PYMNTS

APRIL 8, 2019

Brick-and-mortar pharmacy retailers are taking new approaches to delivery in the omnichannel age: CVS Pharmacy , for instance, is doubling down its on-demand offerings with a faster and expanded option. Even so, nearly a third — or 32 percent — of consumers were unaware of a mobile app by that kind of retailer.

Retail 152

Retail Oregon New Mexico Mobile 152

PYMNTS

DECEMBER 6, 2018

“Visa has strategically positioned itself at the center of football and these events will further exemplify the unique experiences only Visa can provide to fans across the globe,” said Chris Curtin, chief brand and innovation marketing officer at Visa, in the press release.

National 115

National Regional Innovation Payments 115

PYMNTS

OCTOBER 7, 2020

We know our customers deserve a break now more than ever, and are excited to give them another reason to visit their favorite breakfast destination by offering delicious flavors they crave, any time of the day,” said Linda VanGosen , vice president of brand and menu strategy, McDonald’s USA.

Innovation 168

Innovation Apple National Strategy 168

CB Insights

SEPTEMBER 4, 2018

The company hopes to see low-alcohol and non-alcoholic business represent 20 % of global sales by 2025, up from 8% today. It has already invested in alcohol-free gin brand Seedlip , and has made a number of undisclosed investments targeting alcohol-free beverages. Cannabis is a rising trend.

Branding 52

Branding Examples Trends Industry 52

PYMNTS

NOVEMBER 20, 2020

The market for wearables is expected to reach nearly $70 billion by 2025, according to research firm IDTechEX , with healthcare-related products seeing the most growth. million for all Swiss watch brands combined. Samsung will continue to invest in these advanced technologies.”. Apple shipped 30.7 billion.

Samsung 150

Samsung Apple Google Analytics 150

PYMNTS

JULY 3, 2019

Among the more interesting storylines of this era of digital commerce and payments is the maturation of vending machines — sorry, “unattended retail.” Retailers are paying more attention to vending machines, a trend that is all but certain to continue into the 2020s. Vending Machine Trends. Better Food.

Retail 122

Retail eBook Philadelphia Austin 122

PYMNTS

JULY 26, 2018

Getting used to new things is a challenge, and a regular relationship with a brand means one doesn’t have to get to know all that many new things. 30 percent: Share of restaurant sales expected to run through digital by 2025. 80 percent: Share of Software-as-a-Service providers who will shift to a subscription business model by 2020.

Data 101

Data Fraud Software Meeting 101

PYMNTS

JANUARY 31, 2019

billion by 2025, registering a CAGR of 5.9 The brand has 65,000 Instagram followers. The big brands are noticing, and have been acquiring accordingly. L’Oréal grabbed fast-growing prestige beauty brand IT Cosmetics in 2016, and has begun experimenting with tech-based beauty wearables. percent over the next six years.

Branding 125

Branding social media Marketing Survey 125

PYMNTS

MAY 13, 2020

As of January of this year , Africa’s smartphone and internet penetration rates were forecast to be well north of 50 percent by 2025 and growing, pushed by the tailwinds fostering digitization globally. What she said she does believe will be visible is a shift familiar to many Western consumers already: experiential retail.

Payments 240

Payments Tools Meeting National 240

PYMNTS

JANUARY 31, 2019

The new strategy “leverages our unique difference from other food companies,” Van de Put said, which is coupled with a strong presence around the world along with iconic brands and a leaner supply model. The combination … is generating stronger growth than focus on global brands alone,” Van de Put said.

Strategy 129

Strategy Branding Company Marketing 129

PYMNTS

JUNE 10, 2016

Those are the findings of a brand new study from Visa which projects that international travel by households globally will increase dramatically over the next decade. The study combined current travel patterns of Visa-branded cardholders across the globe with industry estimates and forecasts for international travel. Percent Increase.

Meeting 100

Meeting Study United States Branding 100

PYMNTS

FEBRUARY 19, 2018

Farfetch founder and CEO José Neves further clarified the partnership, noting it was in line with his brand’s core mission to revolutionize not just eCommerce, but also the physical store experience with what it calls augmented retail. Luxury eCommerce is a growing concern.

Customer Experience 122

Customer Experience Online Strategy Retail 122