PYMNTS

SEPTEMBER 23, 2020

Research firm Cowen estimated in July that the luxury sneaker market is worth more than $2 billion in North America and could be worth $30 billion worldwide by 2030, WSJ reported. Foot Locker last year invested $100 million in Goat Group, with a promise to collaborate on retail online and in stores in the future.

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Groups Branding Online America 194

PYMNTS

SEPTEMBER 20, 2019

With those plans, the eCommerce retailer said it would purchase a fleet of electric vans to begin sending packages to shoppers in 2021. And, by 2030, all 100,000 would reportedly be operating. ” The analyst added that the climate goals of the eCommerce retailer only bolster his conviction that investors should purchase the stock.

America 166

America Retail Operations Report 166

PYMNTS

JULY 20, 2018

With Amazon Go and other retailers seeking to change the way consumers pay for groceries, mobile technology companies are eyeing value-add services, such as loyalty programs for self-checkout. 1 trillion: The amount financial institutions (FIs) could collectively save by 2030 with AI tech.

Data 100

Data Mobile Retail Technology 100

PYMNTS

APRIL 19, 2019

The Project Gigaton initiative is Walmart ‘s effort to cut one billion metric tons of greenhouse gasses from its value chain by 2030. The retailer’s Sustainability Index Program analyzes data across a product’s lifecycle to assess its impact on the environment.

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Analysis Resources Retail Company 175

PYMNTS

DECEMBER 16, 2020

As car buyers and sellers across the country increasingly turn to eCommerce solutions, CarStory will strengthen and extend the reach of our digital retailing platform, and together we will accelerate the transformation of the massive used auto industry,” Vroom CEO Paul Hennessy said in announcing the $120 million cash-and-stock deal.

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Louisiana Arkansas Online Retail 242

PYMNTS

JUNE 10, 2020

Simon’s announcement came on the same day Jan Kniffen, a former executive of the May Department Stores, which was folded into Macy’s, revised his prediction that one-third of the nation’s 1,000 malls would shutter by 2030. Now, Kniffen thinks that will happen by next year, CNBC reported.

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Michigan Oakland Indiana Survey 131

PYMNTS

FEBRUARY 4, 2019

The world’s largest furniture retailer will soon launch a trial program in Switzerland, with offerings that include several different types of furniture, such as desks and chairs for businesses. “We IKEA will start leasing furniture as it transforms its business model in an effort to attract more customers and reduce its carbon footprint.

Retail 148

Retail Branding Company 148

PYMNTS

JUNE 4, 2018

The big names in retail — like Walmart and Dunkin’ Donuts — are thinking about how they might offer consumers more by asking them to do less. 30 percent : The share of human jobs that could be replaced by automation by 2030. It might seem a bit far-fetched now, but the bots are built and automation is clearly on the rise.

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Meeting Innovation Retail Payments 101

PYMNTS

JANUARY 17, 2019

Hot on their trail are machine learning and artificial intelligence (AI) technology — the software and algorithms promising to reduce the risks of overstocking and understocking, and providing other benefits that can boost retailers’ revenue. Depending on what predictions you believe, most retail warehouses could be fully automated by 2030.

Retail 197

Retail Survey Analysis Apple 197

PYMNTS

JULY 29, 2020

“Over the past few months, we’ve seen the COVID-19 pandemic firsthand, [and] it has catalyzed eCommerce – introducing major changes in buyer behavior and pulling forward what retail would look like in 2030 to 2020,” Chief Operating Officer Harley Finkelstein said on the company’s earnings call.

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Retail Operations Company America 181

PYMNTS

DECEMBER 9, 2019

Now comes an existential question by Deutsche Bank — as asked in a research report from the bank titled “ Imagine 2030: The Decade Ahead ,” which offers a number of contrarian ideas. Libra, of course, lingers, as a cryptocurrency project that may (or may not) get off the ground via consortium effort.

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Bitcoin cryptocurrency Course System 130

PYMNTS

DECEMBER 9, 2019

Now comes an existential question by Deutsche Bank — as asked in a research report from the bank titled “ Imagine 2030: The Decade Ahead ,” which offers a number of contrarian ideas. Libra, of course, lingers, as a cryptocurrency project that may (or may not) get off the ground via consortium effort.

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System Bitcoin cryptocurrency Course 130

PYMNTS

DECEMBER 18, 2017

billion through 2030 in battery development to help put itself on pace in the electric vehicle space. million electrified vehicles annually by 2030. Toyota plans to invest up to $13.3 Nearly half of the cars Toyota currently sells each year are electrified in some way, and the firm has set a goal of selling 5.5

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Industry Company Technology Marketing 118

PYMNTS

JANUARY 7, 2020

It also intends to operate on 100 percent renewable energy sources by 2030. Other companies have a more complicated relationship with climate change, such as Australian outdoor apparel retailer Kathmandu, which said that unexpected extreme weather from climate change benefited it as it had a record year for sales in 2019.

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Analytics Meeting Data Community 134

PYMNTS

JUNE 9, 2017

PYMNTS spoke with Dole Packaged Foods Asia VP of Marketing and Innovation Ashvin Subramanyam and Albert CEO Or Shani about this campaign and learned what AI is doing for the retail space. It’s clear that artificial intelligence has had an enormous impact on the retail industry as evidence by Dole Asia’s awareness campaign results.

Retail 177

Retail Branding Technology Analytics 177

PYMNTS

MARCH 22, 2019

According to UBS , the online food market will hit $365 billion globally in 2030, up from about $35 billion last year. There could be a scenario where by 2030 most meals currently cooked at home are instead ordered online and delivered from either restaurants or central kitchens,” the report said.

Los Angeles 166

Los Angeles Operations Trends Industry 166

PYMNTS

APRIL 12, 2019

Data: $365 billion: Estimated size of the global online food delivery market by 2030. $36 But with good growth comes bad – and in payments and commerce, fraudsters are the weeds , and the advance of AI is what many hope to be the weed killer. 36 billion: Size of Bank of America’s SMB lending portfolio.

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Fraud Lending Innovation Online 108

PYMNTS

FEBRUARY 27, 2020

In fact, by 2030, the National Restaurant Association expects that technology could completely change the face of dining. With their growing usage, the National Restaurant Association 2030 report posits that app companies could become private label restaurants. First, the short-term prognosis.

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Rhode Island National social media Arizona 151

PYMNTS

MARCH 3, 2019

There was also the recent report that “megafleets” (tens of thousands of vehicles owned by certain companies) of Amazon delivery vans and trucks will be going electric, which will serve the need for last-mile retail delivery. billion through 2030 in battery development to help put itself on pace in the electric vehicle space.

Los Angeles 108

Los Angeles Retail Report Company 108

PYMNTS

NOVEMBER 29, 2018

With the global self-driving vehicle market expected to grow rapidly from 2021 to 2030, players are now diving into exploring the technology’s many potential use cases. PYMNTS caught up with Adriel Lubarsky, the company’s director of business development, to discuss how such a service can help retailers provide greater customer convenience.

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Trends Security Study California 173

PYMNTS

MAY 30, 2019

Yapily’s platform is targeted at businesses of all sizes that want to connect with retail banks. which is expected to double by 2030. “As The open banking initiative requires banks to let FinTechs access customers’ account information. This week Plaid said it chose the U.K. As we’ve done in the U.S.,

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Fintech cryptocurrency Capital Marketing 108

Bobsguide

OCTOBER 4, 2022

Explore the latest trends in lending, payments, universal banking (digital, retail and commercial banking), treasury and capital markets, and Finastra’s broader commitments, including: Open technology: Collaborating to innovate. Open culture: Building a path for success through diversity, equity and inclusion.

Leadership 68

Leadership Innovation Industry Capital 68

PYMNTS

APRIL 11, 2019

For those plans to succeed, however, a robust system of digital ID is necessary, lest regulators and parents decide such a retail activity is unsafe for children, and take steps to pull it back. Cheaper deliveries and adults who cook less than previous generations are among the main factors behind that growth. Biometrics Role.

Online 169

Online Retail Regulation Maine 169

PYMNTS

FEBRUARY 9, 2018

As a result, malls and retailers have to rethink how malls are set up and designed. square feet of retail space for every person. But it’s not just big retailers leaving U.S. Even if malls capture this spending with new tenants like restaurants, they still face challenges from eCommerce retailers. In the U.S.,

Millennials 116

Millennials Retail Study Operations 116

PYMNTS

JUNE 2, 2020

gross domestic product (GDP) until 2030, the nonpartisan Congressional Budget Office said Monday (June 1). However, consumers remain wary and the cost of the COVID-19 pandemic to the economy remains to be seen. The final financial toll of the coronavirus will likely be a reduction of $7.9 trillion to the U.S.

Apple 130

Apple Online Examples Mobile 130

PYMNTS

JULY 9, 2019

The space industry today is worth around $400 million , according to UBS, which it anticipates will double to $800 million by the year 2030 per reports earlier this year. It was also noted that Palihapitiya will serve as the company’s chairman.

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Company Capital Report Technology 128

PYMNTS

JULY 1, 2019

But older citizens are still out there, shopping, buying and paying, and they are getting attention from businesses, too — and that consumer segment, in its own way, is pretty important to the future of retail and payments. By 2030, the Census estimates there will be 78 million Americans over the age of 65.

Video 180

Video Examples Millennials System 180

PYMNTS

APRIL 6, 2017

Unfortunately, there’s no magical crystal ball that can provide a glimpse into the future of retail. Considering all of the new technologies, changing consumer behaviors and innovation taking place across the retail sector, we have no way of knowing exactly what’s coming next. Seeing Retail Differently. The Industry Speaks.

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Retail Innovation Mobile Technology 104

PYMNTS

JANUARY 10, 2020

trillion in additional revenue for the automotive industry by 2030. A year later, as CES is about to wrap up, Visa has said that the service enables payments for gas, parking and tolls, uses tokens to secure transactions, and could open the door to even more payment experiences, including purchases from retail stores by commuters.

Las Vegas 170

Las Vegas Software Payments User Experience 170

PYMNTS

FEBRUARY 28, 2019

It’s part of the Seattle, Washington eCommerce giant’s sustainability efforts to achieve Shipment Zero, its vision to make all Amazon shipments net zero carbon, with 50 percent all of all shipments net zero by 2030. Amazon Day adds another level of convenience to the many shipping benefits Prime members already enjoy.

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Washington Seattle Groups Retail 117

PYMNTS

OCTOBER 22, 2018

Those numbers are from “ Wasted, “ a recent documentary, and are backed by the USDA, which has set its own goal of reducing food waste by 50 percent less by 2030. Still, the cost of three bananas is low compared to the amount of food that’s trashed by restaurants every single day.

Tools 123

Tools Report Retail 123

FICO

MARCH 23, 2021

Besides telcos, the big winners from 5G's roll-out and related new revenue streams are likely to be financial services, retail, manufacturing, energy, utilities and civil infrastructure, healthcare, transport and automotive, entertainment and agriculture. Can Ecommerce and Retail Realise Consumers' US$28 Billion Revenue Potential?

Cyber Security 52

Cyber Security Retail US Trends 52

PYMNTS

FEBRUARY 22, 2019

Pretty much anything Amazon does impacts so much else — and that truth, one of the longest-standing in the world of commerce and payments, seems ready to play out when it comes to fleets of retail delivery vehicles.

Cards 135

Cards Retail Report Company 135

PYMNTS

APRIL 17, 2017

trillion in additional revenue potential in the automotive industry by 2030. Research from McKinsey projects that new services — including on-demand mobility services and data-driven services like connected car applications, software and remote services — could create up to $1.5 Naturally, everyone wants a piece.

Apple 100

Apple California Software Technology 100

PYMNTS

NOVEMBER 13, 2018

retailers, according to Adobe Digital Insights. By 2030, the estimates put that figure at about 100,000. Moving healthcare away from today’s complex, rarified, opaque and unpredictable system into something that much more closely approximates the retail experience they encounter in normal, everyday consumer interactions.

Payments 158

Payments Mobile Technology User Experience 158

PYMNTS

JANUARY 10, 2017

According to Ford’s research, currently half of the world’s population lives in cities, and by 2030, that’s expected to grow to 60 percent. Ford and the bike share startup are working with Bay Area city officials to add new stations and increase the number of bikes to 7,000 by the end of 2018.

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San Francisco Detroit Austin Michigan 100

PYMNTS

OCTOBER 19, 2016

But first, virtual reality is also serving the retailer by helping to build more appealing physical retail layouts. Virtual reality is disrupting retail with the force of a wrecking ball in all parts of the world. Alibaba is a persistent influence in the Chinese retail and eCommerce sectors.

Retail 100

Retail Technology Trends Online 100