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AI Takes The Measure Of Fashion Retailing

PYMNTS

The fashion Industry is seen as one of the most competitive markets where something which is trending today may find itself in the corner the next day.”. That has led to the growing need for designers and retailers to personalize shopping experiences, and that’s the sweet spot for AI. percent clip from 2020 to 2026.

Retail 165
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Fifth Avenue Vacancies Reflect Uptick In Retail Closures

PYMNTS

As retailers shutter locations from the heartland to big cities, the latest update on the state of retail from New York’s storied Fifth Avenue says that rents are falling and vacancies are rising – showing that even a flagship address can’t escape the realities of modern-day commerce. We’re in the middle of a multi-year retail purge.

Retail 122
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FedEx Makes Major Foray Into eCommerce By Buying ShopRunner

PYMNTS

In pursuit of our purpose of creating the future of retail, we have built the foundation of a cross-brand ecosystem to create a simple shopping experience for consumers and to aggregate the scale of our network for our partners’ benefit,” Yagan said in the news release. ShopRunner CEO Sam Yagan offered a similar take on the deal. “In

Chicago 285
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Guest Post: 2Q Financial Markets and Economics Update - Second Quarter 2024

Jeff For Banks

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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Driving Payments Innovation With Installments And Automation

PYMNTS

And in retail, Apple is embracing installment payments as it plans to make its iPhone products and wearables more accessible to customers. percent: Expected CAGR of the eInvoicing market from 2017 to 2026. $16: 3B: Projected value of the automated accounts receivable market by 2024. . All this, Today in Data.

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Today In Data: Challenges And Advancements In Smart Technology

PYMNTS

In pet technology news, Pawscout is helping owners find their wayward pets with a Bluetooth-enabled tag as pet retail becomes a fierce battleground. percent: Expected compound annual growth rate (CAGR) of the global intelligence of things (IoT) security market from 2019 to 2026. All this, Today In Data.

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Revolutionizing the Way We Pay: The Top Payment Industry Trends You Need to Know in 2023

Perficient

In fact, according to The Business Research Company’s 2022 Payment Security Global Market Report , the payment security market is expected to reach $43 billion by 2026. In fact, according to research by eMarketer , the number of BNPL US users is forecasted to climb to 88.2 million this year and 94.4 million in 2024.

Industry 471