PYMNTS

MAY 22, 2020

If you want to know whether stimulus checks are working to rebuild the economy, just ask the world’s largest retailer. Categories like sporting goods and bicycles, fabrics and crafts, toys, the stay-at-home categories, networking [equipment], really took off … definitely we do see a positive impact from the checks.”. Walmart U.S.

Retail 210

Retail Apple Survey National 210

PYMNTS

DECEMBER 14, 2020

In today’s top retail news, Bed Bath & Beyond Inc. has entered into a definitive deal to sell Cost Plus World Market to Kingswood Capital Management, while Authentic Brands is reportedly in discussions with Arcadia Group and Debenhams. It is expected that the business will keep operating as a stand-alone brand.

Branding 131

Branding Groups Retail New York 131

PYMNTS

OCTOBER 15, 2020

Herrick expects that ReplyBuy and Airship will create a holistic ecosystem, allowing retailers to use its engagement technology to acquire customers and then use conversational commerce to retain them and grow their value. The voice activation may come back with one brand or a few, as well as suggested websites or stores.

Retail 188

Retail Technology Branding Mobile 188

PYMNTS

DECEMBER 16, 2020

Benetton Group , an Italian fashion company, is teaming once more with retail market intelligence firm EDITED as an "essential platform" for its future three-year roadmap, according to a Wednesday (Dec. 16) announcement. “As

Groups 157

Groups Retail Analytics Branding 157

PYMNTS

OCTOBER 2, 2020

Thanks to a partnership with Universal Music Group and Warner Music Group, thousands of tunes on Amazon Music will be retooled to ultra-high-definition, Amazon announced on Friday (Oct. For the first time, music from Marvin Gaye, Nirvana, Diana Ross, Lady Gaga, The Notorious B.I.G.,

Apple 131

Apple social media Groups Branding 131

PYMNTS

SEPTEMBER 21, 2018

Most might assume the brand was some kind of social media experience for bakers, or perhaps an eCommerce venture built around vanity confections. “GlamScout also offers users a ‘Glam Look’ and a ‘Glam Look for Less,’ the first with prestige brands and the other with mass brands. However, stay tuned.

social media 155

social media Tools Branding Mobile 155

PYMNTS

JUNE 13, 2019

Retail is getting more visual, and that stands to be the case for locally-focused merchants as they compete for attention and consumer dollars with the likes of Amazon and Walmart. Indeed, augmented reality is among the tools that local retailers look ready to adopt for further use. Contextualizing Commerce.

Retail 182

Retail Google Tools Video 182

PYMNTS

OCTOBER 7, 2020

At a time when online retail sales are growing and accounting for a larger slice of the overall pie, the battle to deliver products as quickly and cheaply as possible has never been tougher. With large dominant players such as Amazon and Walmart grabbing half the business, smaller companies and retailers are looking for ways to compete.

Branding 291

Branding Chicago Retail Online 291

PYMNTS

MARCH 30, 2020

Consumers shopping in droves via eCommerce channels is hardly a piece of breaking news — for the better part of a decade, that has been obvious to anyone watching the retail space. They are, Fiserv Senior Vice President of Retail Solutions John Nicola told Karen Webster in a recent conversation — and in great numbers.

Retail 177

Retail social media Millennials Branding 177

PYMNTS

JUNE 21, 2019

Airports are providing luxury brands with access to consumers with extra time on their hands who want to buy unique and unusual items they can’t find near their residences. These hubs for travel retail, which are providing an audience of on-the-go travelers as U.S. percent to attain $76 billion last year.

Retail 101

Retail Branding New York City Houston 101

PYMNTS

JUNE 2, 2020

The list of positive retail brand attributes goes on and on, but one new post-pandemic value has become more important than all the others: cleanliness. Yet, there are strong and definitive cross-currents in the business. Fitting rooms have been strictly regulated or even shut down by some retailers. Customer-centricity.

Retail 141

Retail Las Vegas Branding Pennsylvania 141

PYMNTS

JANUARY 25, 2021

The extra costs were definitely a bit of a shock," 26-year-old Londoner Ellie Huddleston told the BBC upon discovering that she owed about $100 in additional tax and duties on a $275 jacket. I had no idea at all I was going to be charged any more for deliveries after Brexit. and Europe are mulling the unthinkable to avoid the ridiculous.

Retail 188

Retail Branding Taxes Report 188

PYMNTS

MAY 28, 2020

That turns out to be sage advice as the retail sector sets out to recover from an overall double-digit downturn in consumer spending. I know some marketers have had to peel away some dollars from media, [but] there’s still a big hole where sports used to be, and there are definitely some deals to be had.”. First, the case for media.

Branding 131

Branding Retail Marketing Maine 131

PYMNTS

FEBRUARY 10, 2020

Younger consumers expect instant gratification and affordable ways to obtain the goods they desire, prompting more retailers to adopt buy now, pay later (BNPL) payment services. In fact, the data has shown that the [BNPL] brands that have some maturity to them [have] actually brought in younger customers.”.

Branding 134

Branding Retail Millennials Payments 134

PYMNTS

DECEMBER 30, 2016

While the shift to the online space is often seen as the great game-changer in retail, Loren Padelford, vice president and general manager of Shopify Plus , said that the change is actually to something more fundamental. A lot of traditional merchants and retailers are struggling with that change. How do you sell on Snap or Insta?”.

Retail 130

Retail social media Branding Mobile 130

PYMNTS

JUNE 12, 2018

Borrowing from the strategy of fast food restaurants, Dine Brands is working on a new order-ahead technology. It’s like converting casual dining to fast food,” Dine Brands CEO Stephen Joyce told The Post. According to PYMNTS’ Kiosk and Retail Report , a USA Technologies collaboration, the U.S.

Branding 122

Branding New York Technology Study 122

PYMNTS

OCTOBER 13, 2020

Afterpay has announced its in-store buy now, pay later (BNPL) service is being offered by major retailers at locations across the country. Shoppers can use Afterpay to buy items in select retail stores using their Afterpay card, a virtual, contactless card stored in their digital wallet,” the firm said in a Tuesday (Oct.

Retail 130

Retail United States Millennials Branding 130

PYMNTS

APRIL 16, 2020

Wednesday’s Commerce Department retail sales figures showed in no uncertain terms that consumer spending for non-essential goods has taken a huge hit. While many analysts are predicting a complete cratering of non-essential retail for April, the PYMNTS data shows that the category is shifting to digital rapidly. Games and toys (up 35.9

Retail 141

Retail Online Survey Branding 141

PYMNTS

JULY 15, 2020

Consumers were already changing their retail preferences before anyone had heard of COVID-19, let alone had their life utterly upended by it. This vastly accelerated retail realignment presents challenges — and opportunities — for retailers of all kinds, particularly those dealing in luxury goods, Molnar said.

US 206

US Retail Millennials Trends 206

PYMNTS

JANUARY 29, 2018

Earlier this month, Saks Fifth Avenue President Marc Metrick told CNBC that the luxury retailer didn’t need fancy artificial intelligence (AI) to help it succeed in the industry, despite the tectonic shift thrusting every other retailer into reliance on such technologies. Some luxury retailers are starting to offer such experiences.

Retail 122

Retail social media Branding Technology 122

PYMNTS

APRIL 14, 2016

Everybody wants brand names, right? By definition, they are recognizable, trustworthy (more or less) and, therefore, popular. And that has become something of a problem for brick-and-mortar retailers. And that has become something of a problem for brick-and-mortar retailers. To private label.

Branding 100

Branding Retail Online Arizona 100

PYMNTS

OCTOBER 6, 2020

With the busy holiday season upon us, we are proud to offer a truly multi-channel payment solution that has proven to bring new customers and increased sales to our retail partners,” Afterpay Global Chief Revenue Officer Melissa Davis said in the announcement.

Millennials 200

Millennials Retail United States National 200

PYMNTS

NOVEMBER 11, 2020

Singles Day] has historically served as a very accurate indicator for what’s happening in the following year for retailers, brands as well as consumers,” said Jonathan Cheng, head of China retail at Bain & Co. brands from Apple to Nike made strong showings. For this year, with COVID, it’ll become more important.

Regulation 239

Regulation Branding Apple Retail 239

Perficient

NOVEMBER 8, 2021

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

Industry 539

Industry cryptocurrency New Mexico Los Angeles 539

PYMNTS

AUGUST 4, 2020

And I think this funding will ensure that we take a very long-term view of the business and will allow us to be aggressive, because this is definitely eCommerce prime time. It’s not just a specific customer – it’s actually an array of smaller brands that are growing up into the big brands of tomorrow.

Branding 131

Branding social media Case Study Study 131

PYMNTS

FEBRUARY 24, 2016

Most brands just talk the talk when it comes to committing to the future of experiential retail. That’s the message coming out of Samsung’s brand-new Manhattan Meatpacking district location, The Verge reported. However, Samsung is showing that it’s ready to walk the walk, right down 5th Ave if it has to.

Retail 100

Retail Samsung Branding Washington 100

PYMNTS

JULY 16, 2018

The retailer is also offering sales at the time of Amazon Prime Day, with discounts up to 80 percent off on the websites of its three brands. As it stands, a quarter of the retailer’s sales come from its eCommerce websites.

Branding 100

Branding Retail Meeting Strategy 100

PYMNTS

DECEMBER 9, 2020

percent of consumers are definitely interested in getting vaccinated. percent) as those who say they definitely or very likely will (37.9 Surveying a census-balanced panel of over 2,800 U.S. The rest are either slightly interested or not interested at all.”. Per the new study , “consumers (81.7

Branding 148

Branding Data Study Millennials 148

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

SEPTEMBER 29, 2020

The retail ecosystem has been turned upside down over the past six months as changes big and small rippled through the segment worldwide in response to the pandemic. We see millennial and Gen Z customers absolutely shopping, and the brands that deeply understand them are growing at faster rates than they have ever grown before,” Molnar said.

Millennials 251

Millennials Retail Online Branding 251

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

DECEMBER 29, 2020

According to Mastercard ’s SpendingPulse transactional analysis, total retail spending for 2020’s 75 days of Christmas was up 3 percent, and eCommerce sales were up 49 percent — good for the stay-at-home economy and tough sledding for department stores. For Mastercard, the story behind the numbers is told by special adviser Steve Sadove.

Retail 180

Retail Branding Analytics Online 180

PYMNTS

JANUARY 24, 2019

Instead of hiring retail merchandisers to design the style of the season to bring to consumers, Minted looks to its customers to tell them what to put on their digital shelves. We’re this online business that’s now able to transition into really disrupting things that are being sold in physical retail.”. It’s almost too much content.

Retail 117

Retail Trends Branding Online 117

PYMNTS

MAY 30, 2016

If brick-and-mortar merchants can claim anything sacred from the total encroachment of online retail on its turf, it’s the highest echelon of uber-luxurious commerce. The first pieces of evidence come from recent earnings reports from two of the biggest tentpoles in the dollar retail category: Dollar General and Dollar Tree.

Online 100

Online Retail Branding National 100

PYMNTS

JULY 28, 2016

While a very real glass ceiling might be under assault in the political field, online-only brands that eschewed traditional methods of starting up are seeing themselves approach a limiting barrier of their own kind. Rather than be held back, though, more than a few brands are proving strong enough to break through.

Branding 100

Branding Online New York Training 100

PYMNTS

FEBRUARY 10, 2020

Whether it’s our commitment to transparency, our flexible payment terms, our user-friendly experience, or our expanding universe of retail partners, Sezzle is definitely gaining traction as the marquee ‘buy now pay, later’ solution in the U.S.” BNPL is also anticipated to be a driver for shopping on smartphones.

Minneapolis 187

Minneapolis social media Retail Payments 187

PYMNTS

JUNE 5, 2020

The world of retail might not be quite getting back to normal, but people are starting to pick up some pieces of their old day-to-day lives again. And in the ongoing race between Amazon and Walmart for the consumer’s whole paycheck , there’s been some definite movement in numbers that PYMNTS tracks. That’s a big leap forward.

Retail 141

Retail Georgia Atlanta blockchain 141