PYMNTS

MARCH 24, 2017

A new study from Oracle revealed that consumers are more willing to engage with brands that offer new retail technology if they are able to exert control over their experience. This signals brands to focus on building a strong foundation to win trust.

Retail 101

Retail Technology Study Branding 101

PYMNTS

JANUARY 31, 2017

Ahold Delhaize (AD) — the food retail group that owns Food Lion, Hannaford and Stop & Shop, among others in the U.S. the grocery and pharmacy conglomerate behind Albertsons, Shaw’s, Star Market and Safeway, among others — has welcomed a new senior VP of digital marketing and eCommerce, Narayan Iyengar. percent to $162.93.

social media 100

social media Online Atlanta Marketing 100

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. the domestic market for legal cannabis in 2018 was $9.1 By 2025, estimates put it in the $15 billion range. Here in the U.S.,

Retail 136

Retail District of Columbia San Francisco Denver 136

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. Because the market is indeed growing in the U.S. – Probably not.

Marketing 124

Marketing US Branding Retail 124

PYMNTS

MARCH 28, 2019

Digital meeting places, you might call them – bringing buyers and sellers together across any number of verticals, from eCommerce tied to retail to gig economy matchups that get projects done. Data: $335 billion: Estimated size of the global sharing economy by 2025. Underpinning it all? The glue boils down to one word: trust.

Policies 140

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Jeff For Banks

JULY 1, 2024

Financial Markets Update – Second Quarter 2024 A dream vacation! Consumer spending and retail sales are declining this quarter as people cope with high inflation, especially on food prices. Retail store closings have escalated as sales weaken and retail theft skyrockets. for 2025 and 2026. Manufacturing is weak.

Marketing 153

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PYMNTS

AUGUST 23, 2018

Forget Apple and its $1 trillion market capitalization. trillion in market cap by 2024. The analyst said in a research note to clients that AWS may be worth $1 trillion in six years, which would be larger than Amazon’s market cap, which currently stands at $929 billion. company to pass the $1 trillion market cap threshold.

Marketing 100

Marketing Apple Operations Retail 100

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

JUNE 12, 2019

And, in retail, firms from automakers to merchants are tapping into connected commerce technology. 59 billion: Estimated value of the global biometrics market by 2025. 13 billion: Projected value of the identity verification market by 2025. . $59 All this, Today In Data.

Security 148

Security Millennials Data Retail 148

PYMNTS

MAY 29, 2019

To bring nutrient-dense meal options into buildings, prepared meal companies are turning to unattended retail. Alpaca Market , for instance, has a network of vending machines and smart fridges in Austin, Texas. Alpaca Market sources local and organic ingredients whenever possible, and also stocks the devices with seasonal menus.

Retail 108

Retail Austin Texas Marketing 108

PYMNTS

JULY 2, 2020

As it starts to consider the holiday season in the age of social distancing, Macy’s Chairman and CEO Jeff Gennette noted on a recent call with analysts that the retailer is mulling all of its available options for Black Friday. The retailer also recognized a long-lived asset impairment charge of $80 million, per its Q1 financial results.

Retail 211

Retail Taxes Security Marketing 211

PYMNTS

OCTOBER 22, 2020

Online clothing retailer ThredUP has filed confidentially for an initial public offering (IPO) in the U.S., Despite concerns in the market about the COVID-19 pandemic affecting purchases of used clothes, ThredUp says it's added customers this year, Bloomberg writes. Bloomberg reports.

Oakland 222

Oakland California Retail Strategy 222

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. Traditional brick-and-mortar grocery stores are seeking to adapt to this new market through ominchannel marketing. Some grocers like Stop & Shop have their own loyalty programs.

Retail 126

Retail social media Examples Marketing 126

PYMNTS

JULY 12, 2019

And, in retail, sellers of health and beauty products are very prepared to embrace innovation in comparison to healthcare service providers. 35 B: Expected value of the global call center software market by 2025. 35 B: Expected value of the global call center software market by 2025. All This, Today In Data.

Customer Experience 190

Customer Experience Data Comparison Innovation 190

PYMNTS

JULY 1, 2020

billion non-cash goodwill charge before tax, as the retailer’s long-haul forecast and market capitalization shifted, mainly due to the coronavirus health crisis. The department store retailer also recognized an $80 million long-lived asset impairment charge, according to a first-quarter financial results announcement.

Taxes 232

Taxes Retail Maine Regional 232

PYMNTS

JANUARY 18, 2021

The integration is slated to give JioMart control of India’s retail market, which is estimated to reach $1.3 trillion by 2025. Reliance Retail will then pose a formidable challenge to Flipkart and Amazon for eCommerce domination in the country. “It It is essentially [the] marrying of strengths for both companies.

Retail 141

Retail Video Marketing System 141

PYMNTS

MAY 19, 2020

CEO Michelle Gass said in a Tuesday (May 19) first-quarter earnings call with analysts that the retailer amplified its digital marketing efforts and revised its online site content. The retail executive said home was the most formidable category, with digital sales rocketing over 50 percent for the quarter. billion and $1.75.

Retail 235

Retail Report National Capital 235

PYMNTS

JULY 5, 2020

The Indonesian eCommerce retailer backed by SoftBank Group Corp. ’s the Chinese multinational technology company specializing in eCommerce, retail, Internet, and technology, led a $1.1 Google and Temasek Holdings Private Ltd. , s Vision Fund has also met with Facebook Inc. Microsoft Corp. and Amazon.com Inc. , the sources said.

Google 264

Google Regional Retail Groups 264

PYMNTS

AUGUST 29, 2019

The global market for smart vending technology is on track to reach $15 billion by 2025 as a growing share of office and workplace facilities seek upgraded vending machine experiences. These unattended smart retail stations can offer more than typical sugary snacks and sodas, however. Adding Intelligence to Food Deliveries.

Retail 108

Retail San Francisco Cards Management 108

PYMNTS

AUGUST 22, 2018

We operate the only truly global luxury digital marketplace at scale, seamlessly connecting brands, retailers and consumers. The company noted that its own industry, market and competitive positioning data comes from Bain & Company and a number of other third-party data sources. Within that, how much is online?

Online 101

Online Retail Branding Data 101

PYMNTS

MARCH 12, 2018

Artificial intelligence (AI) is making itself right at home in the retail industry. In 2016, AI in the retail market totaled $712.6 By 2025 — less than a decade later — it’s projected to reach $27,238.6 First, there’s the growth of the mobile market. Why such an astronomical increase?

Customer Experience 144

Customer Experience Retail Analytics Technology 144

PYMNTS

APRIL 14, 2020

COVID-19 could mark the true rise of the robots in retail. After seeing an initial crash due to unprecedented demand when the COVID-19 crisis hit, the retailer is now using robots to pick and pack customer orders. consumers showed a negative stance toward robots at retail, but it will be interesting to see if that changes post-COVID.

San Francisco 278

San Francisco Retail Examples Mobile 278

PYMNTS

DECEMBER 26, 2019

In an email to merchants, the company said the reason is a change in retail strategy, and the site will merge with SpeedLvn, which retails products sold at Lotte’s physical stores. The move is indicative of the trend toward “new retail,” which is the blending of eCommerce and traditional retail.

Retail 130

Retail Groups Maine Google 130

PYMNTS

SEPTEMBER 27, 2019

Brick-and-mortar retailers are expanding their efforts to provide customers with health and wellness services while taking steps to train their employees for healthcare roles. said in the announcement about the offering, “Walmart aims to be the market leader in providing retail workers a path to careers in growing fields like healthcare.

Branding 101

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PYMNTS

MARCH 22, 2019

Speed also plays a role in authentication — especially in the wake of a new regulatory crackdown against a growing part of retail — and kiosks are helping to meet consumers’ need for instant gratification. percent: Projected CAGR of the global self-service kiosk market through 2024.

Payments 115

Payments Software Meeting Innovation 115

PYMNTS

FEBRUARY 19, 2020

Depending on how one defines the terms “weight management” or “weight loss services,” the industry is projected to be valued at $21 billion on the low end up to $443 billion on the high end by the year 2025. The firm recently raised $10 million in Series A funding to push its sustainable lifestyle-changing app into the wider global market.

Marketing 131

Marketing Exercises Course Big Data 131

PYMNTS

FEBRUARY 29, 2016

Recent data indicate that in the not-so-distant future, the retail marketplace will be employing far, far fewer people — if you live in the U.K. As of right now, retail employs about one-sixth of retail workers — or around 3 million people. These are the valleys to cross and the path through them needs to be charted with care.”.

Retail 100

Retail National Industry Survey 100

PYMNTS

OCTOBER 2, 2020

Data: $86B: Estimated spend on in-car commerce by 2025. 3.6T: Projected size of the "embedded finance" market by 2030. 80%: Portion of global FI execs who believe banks will profit from embracing platform business models. 30%: Salesforce’s estimate of year-over-year growth in global digital commerce during Q4. 25%: Share of U.S.

Innovation 167

Innovation Digital Banking Data Fintech 167

PYMNTS

JULY 10, 2019

And, in digital innovation news, the automated retail landscape in the U.S. billion: Expected value of the mPOS market by 2025. billion: Expected value of the mPOS market by 2025. Some firms say they expect their suppliers to accept late payments because they’re important customers. All this, Today in Data.

Company 116

Company Data Innovation Retail 116

PYMNTS

NOVEMBER 15, 2019

Headquartered in Broomfield, Colorado, NEN is a front-end retail and entertainment vending company operating more than 50,000 amusement devices. The company has skill cranes, kiddie rides and video game kiosks in over 18,000 retail and restaurant locations in the U.S. and Puerto Rico.

Puerto Rico 152

Puerto Rico Payments Colorado Florida 152

PYMNTS

OCTOBER 7, 2016

Of the total worldwide grocery market, online sales now make up 4.4 The report predicted that, by 2025, that number will have climbed to 9 percent of overall sales for a total of $150 billion. currently remain a relatively small portion of the market but found the highest percentage of share in South Korea, at 16.6 In the U.S.

Online 181

Online Retail Study Marketing 181

PYMNTS

SEPTEMBER 18, 2020

Government-mandated social distancing and stay-at-home orders have slowed in-person retail sales in many regions and mass layoffs have hindered consumers’ purchasing power. Brick-and-mortar retail stores may be suffering from lack of business, but the subscription commerce industry’s revenue remains strong thus far.

Retail 257

Retail Study Industry Training 257

PYMNTS

MAY 31, 2018

Internet of Things (IoT) technology isn’t just for a smart fridge or a smart speaker in the home: It also has applications for retailers. With the ubiquity of smartphones, people expect to have access to data and be notified on these devices,” said Ray Almgren, chief marketing officer at Swift Sensors. trillion in 2024.

Marketing 142

Marketing Google San Francisco Technology 142

PYMNTS

JANUARY 18, 2021

Sources told Reuters that Grab is looking to take advantage of the red-hot IPO market in the U.S. If the company chooses to proceed, the IPO could be the largest market debut ever made by a Southeast Asian company on a foreign exchange. Singapore-based FinTech Grab is mulling a U.S.

Fintech 198

Fintech US Groups Management 198

PYMNTS

SEPTEMBER 2, 2020

Consumers are showing little interest in returning to in-store shopping six months into the pandemic, leading retailers around the globe to double down on their digital capabilities to convert these new digital-first shoppers. percent through 2025, when it is expected to total $42.9

Washington 188

Washington Report Payments Resources 188

PYMNTS

JULY 11, 2019

Representatives for the retailer say that once an order of 15 items or less is placed it will be available for pickup within four hours. The move comes as more and more retailers are offering eCommerce options to consumers, whose shopping habits are evolving. Orders for same-day pickup, however, are limited to 15 items.

US 101

US United States Retail Online 101

PYMNTS

JANUARY 14, 2021

market for food and parcel, delivery and reverse logistics to exceed by 2025. All this, Today in Data. Data: 1974 : Year when the Cary Towne Center mall, which has been struggling for years, was built. 850B : Amount GM expects the U.S. 60% : Minimum share of Main Street firms that have at least three channels operating to drive sales.

Maine 150

Maine Software Data Operations 150