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 Mobile 159

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 21, 2018

According to reports, there are approximately 1,000 fitness studios and gyms in the New York City metro area on the fitness booking mechanism ClassPass. We want to make booking reservations as quick and easy as possible,” Seldin, Mariana Tek’s chief executive officer, told PYMNTS. “We

New York City 123

New York City New York Metro Software 123

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

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

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

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 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

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

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 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 Branding Course 242

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

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

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

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

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

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

Perficient

NOVEMBER 8, 2021

I touch a variety of sub-industries, including retail banking, commercial banking, and payments. MM: Favorite book? MM: Favorite brands? Also, Prince (yes, I consider it a brand!), With the world opening back up and investments coming back, I feel we’ve really geared ourselves to face new challenges. Rapid-Fire Questions.

Industry 539

Industry cryptocurrency New Mexico Los Angeles 539

PYMNTS

FEBRUARY 19, 2020

As it faces a competitive retail market, Groupon Inc. In separate news from September, Groupon joined forces with travel supplier and distributor connector DerbySoft to grow instant booking and to work with more hotels. intends to discontinue its sale of merchandise by the close of 2020.

America 244

America Report Retail Branding 244

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 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

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

NOVEMBER 20, 2017

Over the course of his 97 years, Galbraith penned 48 books and thousands of essays on a variety of topics. Amazon has brought physical retail to its knees and grabbed billions of dollars from bottom lines by crushing it online — until it bought brick-and-mortar grocer Whole Foods last summer for $13 billion. First, There Was Amazon.

Retail 137

Retail Mobile Online Cards 137

PYMNTS

OCTOBER 12, 2020

We’ve listened to our community and their requests for different payment options – more and more retailers are offering this as an option. Beautycounter has retail stores in New York City and Denver, eCommerce capabilities and approximately 45,000 sales consultants across North America.

Innovation 270

Innovation New York City Denver Retail 270

PYMNTS

JUNE 19, 2017

Luxury retail isn’t such a cushy business these days. Nordstrom might be going private , the retail company announced in news Thursday (June 15). percent from the previous quarter, while retail net sales climbed only 0.5 Luxury retail isn’t seeing setbacks because of the economy or uncertain political environment.

Retail 143

Retail Trends Strategy Company 143

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

MAY 11, 2018

That’s one of the driving ideas behind a new service that Marriott International recently launched for Chinese travelers going overseas — a service that also helps to demonstrate how the country’s growing tourist class is changing payments and retail. Last year, the U.S.-based The Fliggy Payment Feature. But mobile is only the beginning.

Retail 129

Retail Payments social media Mobile 129

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

SEPTEMBER 19, 2018

is now live, featuring products in 15 different categories including books, consumer electronics, sports, outdoor, tools and more. Last week it announced Souq, an online retail and marketplace website in Saudi Arabia, is launching the Amazon Global Store. In a press release , Amazon said Amazon.com.tr

Tools 202

Tools Branding Online Retail 202

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

OCTOBER 15, 2018

In 2018, the term can now be more legitimately used to define the portion of consumer spend and overall retail sales Amazon now captures given the expansion of its ecosystem. What’s driving that share of spend is the growing proportion Amazon has captured in the biggest chunk of it: retail. percent of retail spend is pretty puny.

Retail 198

Retail Online Analysis Data 198

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

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

MAY 22, 2020

Wedbush Analyst Michael Pachter speculated that the release could represent Amazon dipping its toe into the gaming industry before carving out a larger niche, much as it has done with books and movies. Customers trust us to deliver on our brand promise, and I’m confident in our ability to perform well in most any environment.

Retail 158

Retail Online Video Branding 158

PYMNTS

SEPTEMBER 10, 2019

The companies said in a statement that in addition to the investment, they will both “explore partnership opportunities in service operations, logistics and digital retailing.”. Cox Automotive’s global footprint, service and logistics capabilities, and retail technology platform make them a great partner for us.”.

Retail 164

Retail Branding Customer Experience Mobile 164