PYMNTS

SEPTEMBER 22, 2020

In today’s top retail news, Philadelphia Real Estate Trust reopens its newest property, Ralph Lauren cuts its workforce and Mall of America offers space to local businesses. The transformation plan, according to the company, aims to attract younger consumers, drive targeted expansion, lead with digital and operate more efficiently.

Philadelphia 173

Philadelphia Retail Las Vegas America 173

PYMNTS

OCTOBER 15, 2020

Tiffany added that operating earnings “increased approximately 25 percent from the comparable 2019 period," and that "globally, eCommerce sales continued to show strong growth, nearly doubling in the two-month period from the comparable period in 2019 and representing 13 percent of total net sales year to date through Sept.

Operations 131

Operations United States Comparison Trends 131

PYMNTS

DECEMBER 28, 2020

The pandemic hit Bangladeshi clothing suppliers and the country's overall economy hard when British fashion retailers had to shut down, a report from The Times said. Non-essential stores were forced to close in March, and canceled orders from fashion retailers totaled 730 million pounds (about $984 million), according to the report.

Comparison 271

Comparison Retail Report Branding 271

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

JANUARY 2, 2020

It’s going to be a very vocal year when it comes to retail. By comparison, ownership of smart TVs has increased just 5 percent, and ownership of connected cars has increased 3 percent since 2018. And in retailer news, there is an increasing push to integrate Alexa into the purchase path.

Retail 154

Retail Branding Comparison Data 154

PYMNTS

MAY 13, 2019

In the unattended retail space, vending operators are also becoming more aware of the shifting behaviors of their shoppers and the need for swift and digital payment options. That smaller size opens up whole new markets, and gains access to spaces that have never had a retail experience [as] a part of it.”.

Retail 177

Retail Marketing eBook Cards 177

PYMNTS

JUNE 26, 2019

Unattended retail is having a moment – a bad moment, as it turns out, in China, according to reports. The challenges there come as kiosks and other forms of unattended retail continue to develop globally. For one, selling fresh groceries via unattended retail is not an easy business. Unattended Failure. Global Growth.

Retail 108

Retail Comparison Report Operations 108

PYMNTS

DECEMBER 6, 2019

And groups such as LVMH are also investing in retail ventures. From acquisitions to new or revamped brick-and-mortar stores, beauty, as well as cosmetic brands, are taking steps to evolve their retail operations. Glossier is opening temporary shops in Nordstrom stores, including the retailer’s New York flagship.

Branding 132

Branding Retail New York Miami 132

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

NOVEMBER 14, 2019

Those are the types of retailers that Bulletin, a retail tech firm looking to disrupt brick-and-mortar retail, wants to work with – because they are the brands that are most interested in offering the types of highly curated physical experiences that Branston’s company specializes in building.

Retail 101

Retail Innovation Branding social media 101

PYMNTS

DECEMBER 3, 2019

In retail these days, it’s all about the ecosystem, and it’s also sometimes about rewards and discounts. The platform works with more than 30,000 retailers in all shopping categories. and works with products from five major retailers: Best Buy , eBay , Amazon , Walmart and The Home Depot. Amazon Focus.

Comparison 131

Comparison Retail Tools Online 131

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

MARCH 16, 2017

car insurance comparison tool that’s now being made available via Facebook Messenger. Removing the shackles of the traditional 9-to-5 hours typical of a telecommunications customer service center, chatbots seem to be leading the charge for a business operations revolution. Through its $4.6

Operations 107

Operations social media Comparison Industry 107

PYMNTS

JUNE 18, 2020

The company operates almost 1,000 retail stores under names like DSW Designer Shoe Warehouse and The Shoe Company. percent for the first quarter of 2020, in comparison to a 3 percent rise in the same quarter of fiscal 2019, according to an announcement. .” In separate news, retailer Express Inc. percent to $482.8

Branding 141

Branding Report Guidelines Retail 141

PYMNTS

FEBRUARY 24, 2016

When it comes to a retailer protecting its assets — digital and otherwise — the intrinsic assumption might be that the focus ought to look outward. But the reality is that the greatest security threat facing retail companies, according to a number of recent surveys, often comes from within. In a story posted yesterday (Feb.

Retail 100

Retail Fraud Survey Branding 100

PYMNTS

AUGUST 16, 2016

The business of retail apps is booming. And 303 of the world’s top 500 retailers now have an app. The study, conducted by ARC from Applause, a research group that analyzes the apps economy, looked at 50 of those top retailers that received approximately half of their total sales through mobile apps. billion from $35.48

Retail 100

Retail Study Mobile Comparison 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

JANUARY 22, 2021

According to a press release, the Texas-based airline is launching what it calls “Flagship Cellars,” a joint venture with online wine retailer Vinesse that will offer home delivery of a specially curated menu of selections normally only sold to its super-premium Flagship passengers. “We million per day. Tough Times, New Thinking. “We

Comparison 147

Comparison Texas Operations Retail 147

PYMNTS

JANUARY 17, 2020

Retailers are aiming to help consumers manage chronic diseases as well as their overall health and wellness through new brick-and-mortar experiences. Through HealthHUBs, consumers are at the center of an unmatched retail health experience. CVS Health, however, is not the only retailer to bolster its health offerings.

Atlanta 131

Atlanta Houston Fort Worth North Carolina 131

PYMNTS

JULY 16, 2020

The gloves are off in the retail landlord leasing battle, with Simon Property Group now suing mall tenants who aren’t paying their rent. On Tuesday (July 14), the country’s biggest retail real estate investment trust filed a lawsuit against Eddie Bauer for $6.2 Other retail real estate analysts are a bit more optimistic.

Groups 151

Groups Retail Comparison Survey 151

PYMNTS

SEPTEMBER 8, 2020

“New types of vertical restrictions, such as restrictions regarding sales through online marketplaces and restrictions on online advertising, as well as retail parity clauses, have become more widespread.”. In addition, the commission wants to look at price comparison websites.

Regulation 131

Regulation Google Online Comparison 131

PYMNTS

JANUARY 30, 2018

operates more than 65,000 stores in 18 countries worldwide. Grocery stores, by comparison, have gross margins of 27 percent. Enter Amazon Go, a brick-and-mortar convenience store the eCommerce retailer opened last week in Seattle. And so, the company’s other stores followed suit. Seven & i Holdings Co., Eleven, Inc.,

Texas 100

Texas Retail Dallas Seattle 100

BankInovation

JULY 29, 2020

Early Warning Services, the network operator behind Zelle, announced today that users have sent $133 billion on 519 million transactions through the peer-to-peer payments network during the first half of 2020. By comparison, Zelle processed $187 billion on 743 million transactions in all of 2019.

Comparison 95

Comparison Operations Payments Customer Experience 95

PYMNTS

JANUARY 17, 2019

Hot on their trail are machine learning and artificial intelligence (AI) technology — the software and algorithms promising to reduce the risks of overstocking and understocking, and providing other benefits that can boost retailers’ revenue. Depending on what predictions you believe, most retail warehouses could be fully automated by 2030.

Retail 197

Retail Survey Analysis Apple 197

PYMNTS

FEBRUARY 21, 2018

Gap Brand announced that its CEO Jeff Kirwan was leaving the company, just as the retailer gets ready to reveal its fourth-quarter results. While I am pleased with our progress in brand health and product quality, we have not achieved the operational excellence and accelerated profit growth that we know is possible at Gap brand,” Gap Inc.’s

Branding 100

Branding Comparison Retail Operations 100

PYMNTS

JUNE 5, 2020

percent of consumers were shopping for retail goods online as of May 23, up from the 32.5 percent increase of consumers who shopped online for retail goods on April 11 and 24.1 But the ultra-high end is still being shopped at brick-and-mortar retail at countries that have gained some distance from the pandemic. This is a 29.4

Retail 131

Retail Online Texas Comparison 131

PYMNTS

JUNE 12, 2019

Azoulai continued, “Goodwill prioritizes sustainability over ownership, and we’re proud to bolster their rapidly growing eCommerce operations by making it easier for people to purchase items from across the country.”. Price Comparison Shopping.

Regional 145

Regional San Antonio San Francisco New York 145

PYMNTS

JANUARY 16, 2019

That is, retailers are taking a page out of a playbook set by retailers like the now-closed B. Saks Fifth Avenue is one of the retailers falling into this trend with a new eatery called L’Avenue at Saks in New York City, which is the same locale where Lord & Taylor is closing to make way for a WeWork headquarters.

Chicago 186

Chicago New York City Retail United States 186

PYMNTS

DECEMBER 27, 2019

Retailers are designing brick-and-mortar spaces around experiences to attract and keep customers. Chinese eCommerce retailer JD.com , in one case, has just rolled out its inaugural SEVEN FUN lifestyle space in Galaxy SOHO in Beijing. The stores are large operations offering 100,000 items and are about 180,000 square feet.

Retail 132

Retail Innovation Comparison Meeting 132

PYMNTS

JANUARY 14, 2021

The 2020 holiday shopping season is shaping up to be a tale of two kinds of retailers. The retailer had handily beat our October-ending fiscal 2021 third-quarter estimates and appeared to have some momentum, but the recent spikes in virus cases in Europe and major U.S. The firm said sales fell a collective 8.4

Retail 153

Retail Online Report Comparison 153

PYMNTS

SEPTEMBER 14, 2018

For those who haven’t seen the news earlier this week, here’s what happened: Amazon reported that its online B2B operation , which launched in 2015 and is officially called Amazon Business, has achieved more than $10 billion in annualized sales — with more than half of those sales coming from third-party sellers using the company’s platform.

United States 175

United States blockchain Comparison Software 175

PYMNTS

JULY 2, 2019

The golden age of product reviews and price comparisons. That’s the story told in a new PYMNTS interview with Jason Hardy, chief operating officer at AgeChecker.Net. Retailers are trying to stay ahead of the curve, and are sometimes on their own raising the minimum age to 21. The golden age of delivery and quick fulfillment.

Retail 163

Retail Online Software Comparison 163

PYMNTS

FEBRUARY 22, 2018

To aid in that pursuit, Mallzee created a digital mall where consumers can compare scores of retail brands. However, Mallzee offers its retailers more than just a space to sell their wares. Retail data mining operations of the past, he noted, suffered from the weakness of “not really bring[ing] in other data sources.”.

Comparison 116

Comparison Retail Branding Mobile 116

PYMNTS

MARCH 4, 2019

cities, an effort that comes as the eCommerce operator continues to make the most of its Whole Foods acquisition. As PYMNTS data shows in depth, Amazon has a lot of room to grow in grocery, to gain ground on competitors and work toward the type of relative dominance it has in other retail categories. percent share of U.S.

Los Angeles 143

Los Angeles Retail Maine Chicago 143

PYMNTS

JUNE 12, 2018

With comparison shopping simple, online retailers have been wary to raise prices. What’s more, those that operate on the Internet can do it at a lot lower cost than retailers with physical stores. Driving the declining prices online is the ease in which consumers can get deals over the Internet.

New York 101

New York Online Chicago Comparison 101

PYMNTS

AUGUST 30, 2018

Brands might want a space to test new concepts with shoppers in brick-and-mortar retail environments, but they don’t always want the time and expense involved in building out a permanent store. By comparison, its mainline spaces average 181,100 square feet in size. 23 that is scheduled for operation through October.

Branding 143

Branding Los Angeles Innovation Chicago 143

PYMNTS

FEBRUARY 3, 2020

There was lots to watch in the world of payments and commerce last week, with red flags flown in physical retail, international commerce and crypto. Physical Retail Stumbles Into 2020 . The year got off to something of a rocky start for physical retailers, as the recent spike in store closures carried on and even picked up strength.

Bitcoin 132

Bitcoin Data Retail Charlotte 132