PYMNTS

MARCH 30, 2020

retail picture is bleak in this time of COVID-19. The Confederation of British Industry (CBI) said on Thursday (March 26) that its monthly survey of retailers showed the weakest outlook since April 2009. The CBI says retail sales volumes will fall sharply to April, with retailers more pessimistic than at any time since April 2009.

Retail 141

Retail Survey Online Branding 141

PYMNTS

MARCH 12, 2020

Today a customer may walk into a retail location in the midst of a pandemic. In fact, experiential retail does not sleep during a pandemic or any other external event. According to Joe Pine, who along with James Gilmore has updated the business book “ The Experience Economy ,” experience is critical and achievable in any environment.

Retail 141

Retail Course Online Technology 141

PYMNTS

DECEMBER 30, 2019

Luxury brands like Mercedes and Tiffany & Co. We’ve been fully booked for a couple of weeks.”. Eating at a top-notch brand like Zwilling is something that is worth taking pictures of, posting on social media and waiting to get a ton of likes.”. Two spots at the bar at 8:30 p.m.,” the woman told her friends. Tiffany & Co.

Branding 131

Branding social media Trends Retail 131

PYMNTS

OCTOBER 18, 2018

To learn more about their customers and increase foot traffic, retailers are testing out new business ideas. In some cases, retailers are dedicating small spaces to brands inside their brick-and-mortar stores. The vast majority of retailers believe in trying new business approaches.

Innovation 145

Innovation Retail Online Branding 145

PYMNTS

OCTOBER 16, 2018

Goldman Sachs booked a 4 percent year-over-year revenue increase for the third quarter of 2018, with that growth powered in part by increased lending through its Marcus by Goldman Sachs online consumer savings and lending platform. earnings per share booked for the third quarter of 2018. Q3 revenue for the investment bank hit $8.65

Lending 147

Lending Retail Digital Banking Branding 147

PYMNTS

DECEMBER 30, 2019

Luxury brands like Mercedes and Tiffany & Co. We’ve been fully booked for a couple of weeks.”. Eating at a top-notch brand like Zwilling is something that is worth taking pictures of, posting on social media and waiting to get a ton of likes.”. Two spots at the bar at 8:30 p.m.,” the woman told her friends. Tiffany & Co.

Retail 130

Retail social media Branding Trends 130

PYMNTS

JANUARY 21, 2020

And nowhere is that aphorism better illustrated over the last decade than with the statistic that more than 90 percent of all retail sales took place at brick and mortar stores. It gave retailers the illusion that digital was the retail cart driven by the physical store horse. The answer, she noted, is complex.

Retail 168

Retail Innovation Data New York 168

PYMNTS

JULY 16, 2020

The initiative, designed to support retailers while providing shoppers with discounts, will kick off Thursday, July 23, and continue through Sunday, July 26, with deals at over more than 100 brands including Overstock, Macy’s, Sephora, Nike, and Cabela’s. Some brands will offer as much as 20 percent cash back, RetailMeNot said.

Retail 131

Retail Texas Pennsylvania Branding 131

PYMNTS

MAY 8, 2017

At the ripe old age of 120, the Swiss Army knife holds a unique place in retail. Now, the idea of an Amazon Echo with a touchscreen is not exactly new — it was reported in November 2016 that mega e-retailer Amazon was working on such a device — whose code name is said to be the Amazon Knight. Many of whom are also named Karl.

Retail 124

Retail Branding Online Tools 124

PYMNTS

MAY 3, 2018

Log another win for brick-and-mortar in the retail history books: Despite years of retail apocalypse criers, the industry continues to show that it’s not dying at all — it’s just evolving. The brand says it intends to keep expanding in the fall, with L.A. next on the list. Look at Warby Parker and Bonobos , McIlroy said.

Branding 100

Branding Portland New York City Retail 100

PYMNTS

FEBRUARY 27, 2020

In this case, it’s the gap between interest and intent, the chasm that lies between consumer awareness of unattended retail and actually taking the plunge in buying at the kiosk and vending machine. At a high level, according to PYMNTS data , unattended retail is reaching only one-tenth of its potential. Hurdles For Larger Merchants.

Retail 131

Retail Comparison Technology Branding 131

PYMNTS

DECEMBER 13, 2017

Retail is perhaps an unexpected entrant into the augmented reality (AR) and virtual reality (VR) market, but it’s proving to be an area in which being there virtually can be seamlessly substituted for being there actually. Retail may just sneak up and be the dark horse that pushes the AR/VR movement from niche play to mainstream tool.

Retail 159

Retail Branding Technology Tools 159

PYMNTS

JUNE 5, 2018

However, for SSENSE (pronounced essence), at its first retail location, the Canadian eCommerce brand turned physical retailer has opted for a slightly different flavor. The goal, according to its founder, is to find showcase designers who have different perspectives and who “aren’t playing by the book.”

Branding 116

Branding Millennials Retail Online 116

PYMNTS

JANUARY 14, 2019

It looks like we can finally have a serious conversation about the impending collapse of physical retail in the U.S. All it took was a 160-year old retailer and a $34 billion kick in the stomach to the retail sector to get everyone’s attention. retailer, Sears, which found itself standing at Chapter 7’s front door.

Retail 198

Retail Online Mobile Data 198

PYMNTS

JANUARY 7, 2020

The impulse to protect purchases runs deep, as does brand affinity (aka trust) in our favorite online retailers. Delving into the topic in-depth, the latest PYMNTS Retail Product Insurance Study surveyed close to 3,000 U.S. Others in a position to do so haven’t – and they may be missing an opportunity for raves and revenues.

Retail 131

Retail Study Online Branding 131

PYMNTS

JUNE 20, 2019

No, that doesn’t mean that PYMNTS takes sides in the struggle for retail supremacy, but only that we like to note when someone or some organization mounts a challenge to the eCommerce and logistical behemoth. High-End Retail. Not only that, but “Verishop is launching with roughly 150 brands — and growing — already signed on.”

Retail 125

Retail Innovation Online Taxes 125

PYMNTS

MAY 28, 2020

trillion question is: What happens next for retail ? One thing the panelists agreed on is that they can speculate about where they think retail is going, but it’s impossible for anyone to know for sure. “As states, the $3.7 Is a recovery on the way, and if so, what will it look like? How willing are they going to be to shop?

Retail 147

Retail US Mobile Online 147

PYMNTS

JANUARY 3, 2019

While any number of brands now market their wares on sustainability, inclusivity and transparency as of 2019, when Everlane was first getting off the ground in 2011, those buzzwords were far less common. Retail, he noted, has been driven by discovery and experience since the beginning of the sale of goods. .

Retail 116

Retail San Francisco Branding New York 116

PYMNTS

DECEMBER 7, 2020

Retail Ecommerce Ventures (REV) , the incubator that relaunched Pier 1 Imports and Dressbarn in 2020, noted that the migration to eCommerce in addition to trends such as the “quest for comfort at home” fueled formidable sales at the two brands, according to an announcement. And like Jeff Bezos did, they start with low-risk items.

Houston 141

Houston Charlotte Branding Online 141

PYMNTS

OCTOBER 4, 2019

Online retailers are expanding their brick-and-mortar footprints – and using feedback from eCommerce customers to inform the selections in their new stores. A data team from the eCommerce retailer determines what is sold at the locations, Amazon Physical Stores Director Drew Sheriff told MetroWest Daily News.

Retail 109

Retail United States San Francisco Boston 109

PYMNTS

OCTOBER 26, 2017

Online mattress firm Casper appears to be the latest startup taking the brick-and-mortar plunge and launching 15 pop-up shop locations nationwide, according to reports from retail news source Chain Store Age. The first stop on the retail tour was Ponce City Market in Atlanta, Georgia, the Wednesday (Oct. 25) article said.

Branding 100

Branding Atlanta New Jersey Georgia 100

PYMNTS

NOVEMBER 16, 2018

Big brands are opening big stores in big cities, but Nike is taking a decidedly digital approach with its New York City flagship: that is, the customer payment and shopping experience in the new space is powered by mobile technology. In Other Brick-And-Mortar Retail. billion fell in line with analyst estimates of $5.41

Retail 150

Retail Training New York City Branding 150

PYMNTS

FEBRUARY 28, 2020

You’re Constellation Brands. One of your leading brands is Corona beer. And to top it off, you have a major product extension on the books with millions in media behind it. Two: Corona is going full speed ahead with the launch of its hard seltzer brand extension. Someday this will be a marketing case study.

Case Study 211

Case Study Branding Study social media 211

PYMNTS

JUNE 27, 2016

By now, it’s a well-accepted fact that brick-and-mortar retailers will do just about anything to turn uncommitted buyers both online and on the sidewalk into in-store conversions. Look no further than Barnes & Noble’s attempt to win book-readers away from Amazon’s increasingly prevalent digital reading empire.

Retail 102

Retail Branding Conference Online 102

PYMNTS

SEPTEMBER 9, 2020

Caught somewhere in the middle is a category that has had a tough run this lost summer of 2020: bridal retailers. A minimony , as the name suggests, is hardly as lucrative as its bigger cousin, matrimony – and that difference has taken a bite out of bridal retail. Smaller retailers are focused on safety as well as agility.

Retail 134

Retail Los Angeles Guidelines Video 134

PYMNTS

JUNE 3, 2019

The two most powerful forces shaping the future of retail payments have nothing to do with payments at all. It’s a world in which new retail models and new places to shop have emerged to satisfy that need, blending the online and offline worlds in ways that benefit the digital and marginalize the physical – at least as it operates today.

Retail 196

Retail Payments Online Cards 196

PYMNTS

FEBRUARY 25, 2016

Does this online brand have a chance at overtaking Victoria’s Secret? s Top 5,000 list in 2015 overall and took the number two ranking for top retail brands. But besides a wide selection and inclusive mindset, what’s the secret to the brand’s success? Experts are starting to say yes. price point.

Branding 100

Branding New York City Retail Online 100

PYMNTS

DECEMBER 7, 2020

7) as the Ikea brand continues to shift itself to digital, according to published reports. The chain plans to commemorate it with a book due out next autumn. Of course, it’s not surprising that a retailer looking to focus on digital is exiting print. Do catalogs work for every brand? But are catalogs going to disappear?

social media 242

social media Retail Course Branding 242

PYMNTS

FEBRUARY 15, 2019

eCommerce brands are opening up pop-up shops in cities to test out brick-and-mortar retail, and Recess is using this platform to highlight its hemp-extract beverages in a temporary space in New York City that is dubbed the Take A Recess IRL Pop-Up. On a seasonally adjusted basis, retail sales dropped by 1.2 in December.

Retail 116

Retail New York City New York Los Angeles 116

PYMNTS

FEBRUARY 1, 2017

These are tough times to be tangible — as in brick-and-mortar, in retailing at least. The physical retailer is constrained by square footage, the hybrid retailer joining on an eCommerce platform less so, especially with the drop shipping. The upshot is that, through the drop-ship model, they do not need to hold more inventory.

Online 100

Online Retail social media Branding 100

PYMNTS

JULY 22, 2016

Just because the pundits say that certain forms of retail are on their way to the grave doesn’t mean that merchants in those markets are going to go quietly into that good night. Such resilience puts many over-the-hill brands in a difficult position, though. Barnes & Noble Wants That Unpublished Script.

Retail 100

Retail Analytics Branding Marketing 100

PYMNTS

JANUARY 13, 2020

Such payment tools are table stakes for younger consumers accustomed to using connected devices, but they tend to gravitate toward services that provide the same convenience and ease when booking accommodations. Hotels and travel firms must first understand what drives millennials’ interest and brand loyalties.

Millennials 154

Millennials Branding Mobile Data 154

PYMNTS

AUGUST 23, 2019

As the results from the nation’s most prominent names in retail came rolling in for Q2, one could not help but think back to high school and recall what is probably the best-known start to a novel in the English language: It was the best of times, it was the worst of times. The Winner’s Circle — And How They Got There .

Retail 116

Retail Branding Report Management 116

PYMNTS

MAY 25, 2018

Hence, the ’69 VW minibus — the right blend of lots of cargo space and a rather eye-catching exterior that matches the beachy, breezy comfortable aesthetic the brand was trying to build. Frequently breaking down or not, the brand managed to spread. The move, however, grew out of an organic need within the brand.

Portland 100

Portland Retail Chicago Branding 100

PYMNTS

OCTOBER 21, 2019

Brick-and-mortar retailers, as well as online merchants, are offering consumers all sorts of products and services through the subscription business model, from movies to tea. Disney+ is planning to offer streaming content from brands like Star Wars, Marvel and Pixar. “Re-imagined”

Innovation 109

Innovation Retail Las Vegas Payments 109

PYMNTS

JUNE 11, 2018

In fact, the now Duchess of Sussex has sold out a few items for the brand, as its items regularly sneak into her wardrobe rotation. A royal celebrity endorsement is, of course, always nice – and certainly a good way to get a brand’s name in print. Pop-up stores. For this launch, Club Monaco is again working with Diptyque Paris.

Retail 101

Retail Los Angeles Branding New York 101

PYMNTS

APRIL 13, 2020

In what appears to be an unprecedented move, an industry trade association is stepping in to help restart a retail community hit hard by the COVID-19 pandemic. 14 to 20, all aimed at salvaging fourth-quarter buying decisions among retailers. Books are also on the rise. Two additional weeks are planned for Aug. 17 to 23 and Sept.

New York 255

New York Dallas Community Industry 255