PYMNTS

DECEMBER 28, 2020

Discount supermarket retailer Save A Lot unveiled the sale of 51 retail locations run by the company in the Tampa, Florida market to existing Save A Lot Retail Partner licensee Fresh Encounter. The latter company will keep running the retail locations with the Save A Lot name, according to a Monday (Dec.

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Retail Tampa Florida Community 265

Bank Innovation

JANUARY 15, 2020

card companies just moved a step closer to gaining access to China’s $27 trillion payments market. The biggest U.S. China said it won’t take longer than 90 days to consider applications from providers of electronic-payments services such as Mastercard, Visa and American Express Co.,

Marketing 347

Marketing Cards Payments Company 347

PYMNTS

AUGUST 31, 2020

There’s a storm brewing in the Indian retail scene, with Amazon at its center. Over the weekend, Reliance Industries – the company owned by India’s richest man, Mukesh Ambani – purchased Future Group ’s 2,000 retail stores and the Big Bazaar grocery chain. Whole Foods has 497 stores. billion consumers. “At

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Retail Online Groups Industry 263

PYMNTS

APRIL 1, 2020

Food retailers need to embrace a new term: digital traceability. As markets open, they’ll want to know exactly how that piece of cheese was produced, as an example.”. There are countless potential benefits to adopting the technology,” said animal safety company Neogen CEO John Adent. One is smart contracts.

blockchain 256

blockchain Retail Study Examples 256

PYMNTS

NOVEMBER 10, 2020

The David’s Bridal application was built by Vertebrae , a tech company that specializes in bringing real-world applications to retailing. Vince Cacace , CEO of Vertebrae, told PYMNTS that AR in 3D has become a high-demand technology for all kinds of products and retailers. “We How does it work on me? What are the details?

Retail 261

Retail Technology Training Online 261

PYMNTS

NOVEMBER 16, 2020

When he first came up with the idea for an eCommerce technology company, Co-founder and CEO Finbarr Taylor was in the process of plowing through this story of medieval Japan. He needed a name for the company and liked the book. It will be used to scale their platform and build out sales and marketing, executive and engineering teams.

Retail 226

Retail Regional Branding Tools 226

PYMNTS

JULY 3, 2020

Retail CEOs faced a parade of problems in 2020’s first six months, but some executives look ready to set off plenty of fireworks in the year’s back half. . Here’s a July 4 th look at some top executives in retail who seem ready to declare their independence from business as usual in 2020’s final six months. . John Donahoe, CEO, Nike.

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Retail Apple Branding Marketing 267

PYMNTS

JUNE 25, 2020

Technically speaking, Abingdon Mullin is the CEO of a company that sells watches crafted for women. That’s where the company truly got its start, when Mullin couldn’t find a women’s aviator’s watch. From a marketing standpoint, it doesn’t make sense,” she said. Then it was time to celebrate by buying a watch.

Retail 267

Retail Video Meeting Branding 267

Perficient

DECEMBER 30, 2020

Other companies who were late to creating digital customer experiences suffered as people stayed away from traditional stores and shopped online. But even the best companies struggled to keep customer satisfaction levels high during 2020. The largest online retailer – Amazon – had a 7% decline in satisfaction.

Online 421

Online Study Branding Customer Experience 421

PYMNTS

JANUARY 25, 2021

The National Retail Federation ’s annual convention may have come and gone but the sentiments, strategies and lessons learned from facing nearly a year of pandemic-led changes by some of the world’s largest merchants are going nowhere fast — especially when it comes to their embrace of increased digitalization. We’re not a data company.

Community 269

Community Retail Strategy National 269

PYMNTS

NOVEMBER 8, 2020

Future Retail is attempting to prevent partner Amazon from meddling further in its $3.4 Now, Reuters reported Amazon is lodging a complaint with India's market regulator. percent stake in Reliance Retail. billion asset sale deal with Reliance Industries and has challenged the U.S. But Future said that order is non-binding.

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Retail Industry Regional Groups 230

PYMNTS

JANUARY 19, 2021

While the coronavirus crisis certainly accelerated the drive toward digital, the mid-market's commerce digitization push was well underway before the pandemic hit. With B2B eCommerce proliferating, the market is rapidly evolving to make way for new business and payment models in response to customer demand. Emerging Business Models.

Online 275

Online Marketing Payments Operations 275

PYMNTS

NOVEMBER 9, 2020

Now there are signals that a physical retail rebound is forming up. presidential election in the rearview mirror and 2021 right around the corner, a new shift is underway: the slow but certain move back to shopping inside retail stores — an experience that people still crave for the experiential joy it brings. With the U.S.

Retail 261

Retail Millennials Online Tools 261

PYMNTS

MAY 12, 2020

Picture, instead, fleets of utilitarian machines, squat, careful and not at all threatening, rolling through retailers’ aisles, hospital wings and other avenues of everyday human life. told Karen Webster that retailers and other firms are going to need to consider “cleanliness as a brand value.”. Brain Corp.

Retail 247

Retail Branding Software Technology 247

PYMNTS

DECEMBER 23, 2020

To that end, Luke Evans , director of account management and Peter Mollins , vice president of marketing at Spreedly , said "payments orchestration" can mean the difference between a merchant’s getting those digital goods to end users and allowing them to pay instantly, or losing the sale entirely.

Company 274

Company Payments Online Fraud 274

PYMNTS

NOVEMBER 19, 2020

Online retailer Farfetch is out to prove that the market for luxury merchandise fits fine with used goods. The eCommerce company is launching its Farfetch Second Life program in the U.S., Belloli told Elle that that the new Farfetch Second Life is an extension of the company’s “green” efforts. million, up from $420.3

Retail 227

Retail Branding Marketing Online 227

Perficient

SEPTEMBER 30, 2020

Here’s a look at the makeup of the respondents in our survey: In addition, Eric Enge, Principal of the Digital Marketing Solutions business unit at Perficient, and Jim Hertzfeld, Chief Digital Strategist for Perficient, discussed this survey and the meaning of these results in a webinar on September 16, 2020.

Video 508

Video Survey Strategy Marketing 508

Perficient

JANUARY 7, 2021

From retail to consumer goods, online and mobile sales are up significantly. This shift has caused customers’ expectations to increase, and companies to adjust to what many believe will be the new norm. We actually helped a major automotive company build its EV nationwide charging network. Think about this for a second.

Marketing 309

Marketing Industry Mobile Data 309

PYMNTS

JULY 6, 2020

If your business touches retail in any way, it might pay to follow a few important breadcrumbs. Constellation, a holding company that owns popular beer, wine and spirits brands including Corona, says that 90 percent of its sales today come from physical establishments — bars, restaurants, liquor stores and hotels, to name a few.

Retail 259

Retail Meeting Branding Maine 259

Perficient

FEBRUARY 24, 2021

In a world where retail has changed and consumers remain at home, how do brands reimagine the task of getting products to customers? Always choosing to go against the grain, Jon Bostock has consistently succeeded at the toughest challenges presented by companies both large and small. In Episode 4 of the What If? LinkedIn | Perficient.

Branding 441

Branding Case Study Digital Strategies Strategy 441

PYMNTS

APRIL 10, 2020

Fruit Street – a virtual one-stop-shop specializing in digital diabetes diagnosis and treatment – has partnered with vegetarian meal kit purveyor Purple Carrot to add a retail angle to its health advisory service. In fact, the $17 million raised by the company since its founding in 2014 has come strictly from those physicians, not VC funding.

Retail 242

Retail Guidelines User Experience Branding 242

Perficient

SEPTEMBER 29, 2020

In August, we surveyed 154 marketing executives to find out what they think is likely to happen this holiday season and how they’re preparing for it. I’m the Principal for the Digital Marketing Solutions Business Unit here at Perficient. What will be different this holiday season and how to adjust your strategy accordingly.

Marketing 294

Marketing Branding Data Industry 294

PYMNTS

NOVEMBER 11, 2020

Buy now, pay later (BNPL) payments platform Afterpay is teaming up with retailer Gap to offer flexible spending options as the holiday shopping season gears up. The company has more than 14,000 merchants in its shop directory. The BNPL market includes Klarna, Splitit, Openpay, FuturePay, Sezzle, Affirm, Quadpay, and others.

Retail 222

Retail Charlotte Branding Millennials 222

PYMNTS

JANUARY 8, 2021

Bloomberg notes that such an offering would be unusual, as retail investors generally do not get an opportunity to participate in an IPO at the offering price. Having retail investors buy shares ahead of the opening could also limit the size of the rally of the stock on its first day of trading. The FinTech was valued at around $11.7

Massachusetts 363

Massachusetts Fintech Millennials Retail 363

PYMNTS

OCTOBER 30, 2020

29) that retail investors in mainland China made over $2.8 I’m all in with Ant,” said a manager at a company in China that placed an order in Hong Kong because he was worried about not getting shares in Shanghai. Ant Group indicated on Thursday (Oct.

Groups 223

Groups Retail Report Fintech 223

PYMNTS

AUGUST 5, 2020

Drop the ‘os’ and add an ‘io,’ and it’s a company that personifies the fast track to digital commerce success. Thrasio has taken its Amazon-centric business model to a high level at high-speed, snapping up some of the marketplace’s hottest sellers and creating a company that one of its investors says is “revolutionizing eCommerce.”.

America 336

America Marketing Operations Retail 336

PYMNTS

SEPTEMBER 30, 2020

Dwindling sales and mounting donations have spelled doom for the market for buying recycled clothing, Reuters reported. One of those, Antonio de Carvalho, boss of a textile recycling company in Stourbridge, central England, wrote in an email that he is "reaching the point where our warehouses are completely full," Reuters reported.

Marketing 257

Marketing Report Company Retail 257

PYMNTS

DECEMBER 14, 2020

Although the installment concept is hardly new, Afterpay’s platform and growing catalog of retailers has brought fame and fortune to the company and its founders. A big part of Afterpay’s growth stems from the fact that its super-simple service is appealing to both customers and retailers alike. Preference For Debit.

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US Retail Cards Millennials 322

South State Correspondent

MARCH 14, 2022

Community banks have solid competitive advantages when competing against insurance companies (primarily life insurance companies or “Lifecos”) and commercial real estate securitization conduit lenders (CMBS) for commercial borrowers. Commercial Real Estate Market Background. Solution Parameter. Differentiation. Prepayment costs.

Company 195

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PYMNTS

AUGUST 5, 2020

“This is not a shift because this digital growth isn’t coming at the expense of our retail business so much as it is about getting new customers to the category and other customers from other parts of the remittance market, like banks and other digital financial services providers.”. Earnings likewise fell sharply to $161.9

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United States National Retail US 337

PYMNTS

OCTOBER 5, 2020

percent stake in the Swiss duty-free retailer Dufry , Bloomberg reported on Monday (Oct. a private-equity company, also plans to invest in the Swiss duty-free company, which has been hard-hit by the pandemic, Bloomberg noted. percent ownership, would acquire the rest of the company in an all-cash deal with worth $311 million.

Retail 262

Retail Groups Capital Report 262

Perficient

FEBRUARY 2, 2023

Security/Biometric Payments With the widespread popularity of digital payments continuing to grow, security remains at the forefront of concern for payment companies and their vendor partners. For example, many companies have reaped the benefits of using Instagram’s shopping capabilities. million this year and 94.4 million in 2024.

Industry 471

Industry Trends social media Payments 471

PYMNTS

OCTOBER 5, 2020

Wool footwear brand Allbirds is wagering on physical retail stores despite the coronavirus. The firm recently closed a $100 million investment round that will partly back physical growth in international markets and bolster the size of its labor force, the Financial Times reported. billion, a bit higher than two years prior.

Retail 256

Retail Branding California National 256

Perficient

AUGUST 20, 2020

That impacts all types of healthcare companies, including providers, insurers, device manufacturers, and pharmaceutical companies. Lack of Unique Content (for Manufacturers and Retailers). Adapting to New Market Conditions. There can be a knowledge gap throughout your marketing and development teams.

Google 452

Google Examples Trends Tools 452

PYMNTS

JANUARY 19, 2021

The shift to digital commerce has opened up new markets for companies across all verticals and sizes. But reaching a broader range of consumers, accommodating their payment preferences, and satisfying regulatory and tax issues in unfamiliar territory introduces a host of new operational challenges for these companies.

Branding 322

Branding Taxes Fraud Regulation 322

Perficient

JULY 11, 2022

Buy now, pay later (BNPL) is a type of point-of-sale installment loan that partners with retailers to allow consumers to pay for their purchases in multiple equal payments. When online shopping, if a retailer has a partnership with a BNPL platform, the customer can choose it as their payment method when placing their order at checkout.

Fintech 474

Fintech Trends Apple South Dakota 474

PYMNTS

AUGUST 18, 2020

Census Bureau reported that retail eCommerce sales for the second quarter, on an unadjusted basis, stood at $200.7 That jump comes at total retail sales were $1.3 percent, even as total US retail sales slipped 3.4 To that end, on Tuesday (Aug. 18th), the Department of Commerce’s U.S. trillion, down 3.4 percent year on year.

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Retail Cards Online Data 289