PYMNTS

JANUARY 14, 2021

Retailers made all sorts of quick pivots to their eCommerce sites as the pandemic unfolded, but in-store legacy technology proved to be an obstacle for many of them. The company said that while retailers often come up with innovations , “bringing these ideas to in-store trials, iterating them quickly and rolling them out at scale takes years.

System 189

System Retail US Data 189

PYMNTS

AUGUST 19, 2019

Retailers need to work harder to get more consumers to download mobile commerce apps, one of the main areas of focus for retail going into the 2020s. percent of respondents who shop mostly online and 44.5 percent of respondents who shop mostly online and 44.5 More specifically, 77.6 Even more on point, “42.6

Retail 165

Retail Mobile Innovation Maine 165

PYMNTS

APRIL 15, 2020

After hitting a skid from the beginning to the middle of the COVID-19 crisis, online fashion sales have caught fire. Reports of apparel sales falling off as much as 30 percent on a year-to-year comparison appeared toward the end of March, with several reports citing March 20 as the lowest day of traffic and sales for the industry.

Online 141

Online Retail Survey Comparison 141

PYMNTS

SEPTEMBER 21, 2020

For retailers, the fourth quarter of 2020 is likely to see a media blitz that will make other years pale in comparison. Unspent budget from big box retailers will be let loose as early as Oct. There are many critical aspects to SMB retail media strategy but two stand out this year: when to advertise and where to advertise.

Retail 169

Retail social media Marketing Branding 169

PYMNTS

DECEMBER 5, 2019

With the negative impact from trade, the economy of the eurozone expanded at a modest rate in Q3, as retail sales dropped in October at the sharpest rate of the year. Retail sales in the bloc in October dropped 0.6 Non-food sales fell in the October retail sales figure, especially mail order and online sales.

Retail 131

Retail Comparison National Report 131

PYMNTS

NOVEMBER 25, 2020

Power and LMC Automotive forecasts that new vehicle retail sales for November 2020 will drop slightly from the same month the prior year, according to a Wednesday (Nov. Retail sales for new automobiles are forecast to be 1.04 Retail sales for new automobiles are forecast to be 1.04 A joint outlook from J.D. 25) press release.

Retail 142

Retail Comparison Analytics Examples 142

PYMNTS

AUGUST 13, 2020

By comparison, the first 3-D Secure (3DS) technology provides consumers with a user experience marked by lengthy times for processing and verification. The company reports that retailers selling through eCommerce are experiencing record sales numbers, but fraud rates are also on the uptick. Merchants pay $3.13 Merchants pay $3.13

Technology 248

Technology User Experience Fraud Comparison 248

PYMNTS

JANUARY 11, 2019

But consolidation looms, according to some observers, and online food delivery services will eventually have to shift more focus away from consumers and toward restaurant operators in order to thrive in a crowded marketplace. But online food delivery operations have more important things to worry about than drones and self-driving vehicles.

Online 176

Online San Francisco Capital Operations 176

PYMNTS

JUNE 10, 2020

Mastercard figures indicated that retail sales in the U.S., And online shopping comprised 22 percent of retail sales in April and May, which was two times that of the year before. Management at Kohl’s, Nordstrom and Macy’s said to investors that sales at reopened retail locations are slowly on the uptick.

Retail 130

Retail United States Comparison Trends 130

PYMNTS

DECEMBER 23, 2016

Online shopping is no longer reserved for the tech-savvy, with a new Pew Research Center surve y finding eight in 10 American adults shop online. According to Pew, 79 percent made online purchases of any type, while 51 percent used a mobile phone to make a purchase and 15 percent bought something via a link from a social media website.

Online 100

Online social media Survey Comparison 100

PYMNTS

APRIL 7, 2020

It’s easy to play Monday morning quarterback for the growth of online grocery. When consumers need essential items but get scared by a high-touch environment, it’s only natural for online numbers to spike. The prevailing data and wisdom at this point is that, yes, online grocery has spiked due to COVID-19. 1 through March 15.

Online 130

Online Marketing Comparison Capital 130

PYMNTS

OCTOBER 16, 2018

At the same time, the app differs from other online retailers in that it doesn’t have unlimited space to list products. Some retailers may put a product on their site even if just 2 percent of shoppers would be remotely interested in a product and one person buys it, Sacks said.

Branding 169

Branding Online Las Vegas Los Angeles 169

PYMNTS

MAY 13, 2020

In a few weeks, the world’s largest retailer will phase out its standalone grocery app. Walmart said customers told the retailer they want simplicity. Walmart Grocery experienced a 460 percent growth in average daily downloads in comparison to its January 2020 performance, App Annie reported. Say goodbye to one Walmart app.

Arkansas 195

Arkansas Comparison Retail Mobile 195

PYMNTS

FEBRUARY 11, 2019

A common, enduring fantasy for many consumers — a group that likely includes many PYMNTS readers and writers — is walking into a high-end retail store, chain or boutique that sells luxury brands , and spending vast sums on the best clothes, shoes, handbags, watches and other items. Different Proposition. That’s a very hard job.”.

Retail 141

Retail Branding Tools Comparison 141

PYMNTS

JANUARY 15, 2019

The team at my Mystore-E believes they can solve that problem, with an AI tool called Tore-E that is specifically designed for retail environments. Our goal is to create a personalized shopping experience that benefits retail stores, while also catering to the customers’ wants, needs and style preferences.”.

Retail 124

Retail Ohio Tools Data 124

PYMNTS

NOVEMBER 20, 2019

Offering a “safe haven” of sorts after multiple retailers unsettled investors, Target Corp. Online sales jumped 31 percent in the quarter, yet eCommerce didn’t weigh on profitability as it has done in past periods, Bloomberg reported. . increased its full-year outlook on profitability as well as strong sales.

Online 109

Online Comparison Retail US 109

PYMNTS

MARCH 17, 2020

retail economy is unprecedented. Terror attacks on 9/11 happened well before the internet was a factor, and are therefore not relevant as a comparison. What are some of the retailing changes that could last beyond the end of the coronavirus crisis? Suddenly, this issue is front and center for every retailer and every customer.

Retail 134

Retail Seattle Comparison Trends 134

PYMNTS

JANUARY 22, 2020

For retailers, nothing really ever comes easy — and things aren’t getting any easier, at least when it involves gaining and retaining customers. Indeed, as the recently completed National Retail Federation (NRF) retail show in New York City demonstrated, commerce keeps moving to what Webster called in the webinar a “customer-centric approach.”

Retail 137

Retail Millennials New York City social media 137

PYMNTS

DECEMBER 12, 2016

New data collected in a survey by online and mobile publishing and advertising company Opera Mediaworks back in September reveals interesting trends among mobile users as they shop in-store. Still, retailers expect to rake in the cash this year. The BDO survey also found retailers projected an average 4.7

Comparison 100

Comparison Mobile Survey Marketing Strategies 100

PYMNTS

MAY 27, 2016

Conventional wisdom about online shopping says that the average consumer would rather test a product out in store before pulling the trigger and ordering it online. It hasn’t been a very good year for conventional wisdom, though, and a recent Internet Retailer survey just poked a big hole in the aforementioned theory.

Retail 100

Retail Comparison Survey Online 100

PYMNTS

JUNE 15, 2020

Webrooming, before the pandemic, was a full-on retailing trend. But as the pandemic-driven digital shift gains traction, retailers have to be wondering if consumers will use websites to comparison shop for brick-and-mortar retail (webrooming) or whether they’ll go back to shopping retail to order online (showrooming).

Retail 175

Retail Survey Comparison Online 175

PYMNTS

DECEMBER 19, 2019

That’s because cameras are playing a much bigger role in retail, a trend that will keep gaining steam in the new decade. The Associated Press reports that cameras are, at least somewhat quietly, making inroads into a number of retail outlets in a bid to, well, get to know you. are now looking to follow suit.”. Security Cameras.

Retail 131

Retail Software Video Course 131

PYMNTS

JULY 13, 2017

Shifting consumer habits have left traditional retail with less and less to stand on, and it turns out that consumer products companies have similarly had the rug pulled out from under them. PepsiCo’s saving grace might be its snack selection, which sells better online than beverages, analysts said. PepsiCo and Coca-Cola Co.

Retail 109

Retail Strategy Conference Comparison 109

PYMNTS

NOVEMBER 24, 2017

This Cyber Monday could be the biggest online shopping day in history, according to Wednesday (Nov. Rather, it indicates a strengthening economy and an overall increase in spending both online and in physical store locations. By comparison, just 48 percent of survey respondents said they planned to shop online on Cyber Monday.

Online 108

Online Survey Comparison Trends 108

PYMNTS

NOVEMBER 2, 2020

Today, the “membership has its privileges” mantra is at the core of the latest face-off between the two retail behemoths vying for an increasing portion of consumer spend: Walmart and Amazon. The Prime, Plus Membership Face-off: In-store Versus Online. A PYMNTS study of a census-balanced sample of 2,165 consumers conducted Oct.

Millennials 246

Millennials Retail Online Report 246

Perficient

NOVEMBER 19, 2020

If it’s more than 10 minutes for an online/website process or more than five minutes for a mobile process, the abandonment rate impacts account openings as much as 40%. How many clicks does it take to open an online account? Retail customer acquisition in a physical, siloed world costs an average of $280.

social media 309

social media Customer Experience Knowledge Base Mobile 309

PYMNTS

JUNE 7, 2018

The goal for all retailers is, of course, to deliver an excellent experience, both online and in stores, and to find ways for those disparate experiences to mesh seamlessly with one another. The Swedish furniture retailer seems to be making the opposite transition. IKEA is slowing the growth pace it has sustained in the U.S.

Retail 122

Retail Customer Experience Branding Comparison 122

PYMNTS

FEBRUARY 15, 2017

As the rise of eCommerce marches onward, physical retailers increasingly rely on store transformation initiatives to reinvent brick-and-mortar stores to maintain majority market share and boost consumer interest. One such retail reinvention shifts the role of store associates from a sales position to one of service.

Retail 102

Retail Mobile Training Comparison 102

PYMNTS

MARCH 26, 2019

Retailers in the physical world are at a real disadvantage when it comes to knowing the customers in their stores, and what they do once they get there. The list goes on, but suffice it to say, the jokes about digital retailers knowing more about customers than they know about themselves didn’t appear in the culture out of nowhere.

Retail 127

Retail Security Data Software 127

PYMNTS

MARCH 20, 2019

From SPOT to Starbucks , online platforms and retailers are providing consumers with new ways to place orders or make purchases from the car. By comparison, mobile ordering and payment accounted for 9 percent of those transactions in the fiscal third quarter of 2017. percent – of commuters – who did the same in 2017.

Los Angeles 183

Los Angeles Retail Philadelphia Miami 183

PYMNTS

MAY 18, 2016

In a 405-page document by the United Kingdom’s Competition and Markets Authority (CMA), a number of proposals came to light that would encourage more competition and reform in retail banking. Among the proposals: new online comparison tools and also better knowledge about switching costs and monthly maximum charges tied to overdrafts.

Retail 100

Retail Regulation Comparison Tools 100

PYMNTS

DECEMBER 3, 2019

In retail these days, it’s all about the ecosystem, and it’s also sometimes about rewards and discounts. Honey was founded in 2012 as a way for people to easily find savings while shopping online. The platform works with more than 30,000 retailers in all shopping categories. The latest sign of that comes from PayPal.

Comparison 131

Comparison Retail Tools Online 131

PYMNTS

DECEMBER 1, 2020

Amazon’s grip on the online shopping industry appears to be tightening. A new survey of Black Friday shoppers from PYMNTS showed the Seattle retailing giant dominated its rivals in the traditional post-Thanksgiving holiday season kickoff. At the same time, the survey showed Kohl’s (23 percent) outperformed Macy’s (18.7 percent).

Marketing 181

Marketing Data Survey Comparison 181

PYMNTS

NOVEMBER 8, 2016

China’s State Administration for Industry and Commerce (SAIC) has warned retailers that it will be monitoring sales practices during Singles’ Day (Nov. Amazon, which just launched Prime in China at the end of October, along with JD.com, Baidu and other major retailers, are under similar SAIC scrutiny during Singles’ Day.

Comparison 138

Comparison Retail Online Industry 138

PYMNTS

AUGUST 5, 2020

By comparison, Square made $306 million in bitcoin revenue for Q1. The company said that in the second quarter, online purchase volumes increased driven by categories such as retail, food delivery and gaming. “As Cash App launched bitcoin deposits in June 2019.

cryptocurrency 229

cryptocurrency Bitcoin Comparison Regional 229

PYMNTS

FEBRUARY 13, 2020

billion fine, saying the company committed a “clear infraction” by putting its own price-comparison services above others in its search listings, according to a report by Reuters. Merchant platforms and CSSs (comparison shopping services) simply cater to different needs of different types of online retailers.

Google 150

Google Comparison Retail Online 150

PYMNTS

JUNE 16, 2020

Retailers are aiming to play catch-up with shoppers by moving resources from brick-and-mortar and stacking them against digital technology and abilities. And “ webrooming ,” the practice of consumers using websites to comparison shop for physical retail, is coming for an encore. All this, Today in Data.

United States 130

United States Comparison Resources Retail 130