PYMNTS

DECEMBER 26, 2018

To let shoppers discover and try out new products, payment companies are helping merchants launch augmented reality (AR) experiences within social media platforms. The firm chose a Kenyan brand, Huddah Cosmetics , as the first social commerce merchant on its Mula service to roll out the platform.

social media 180

social media Payments Millennials Regional 180

PYMNTS

SEPTEMBER 9, 2020

Regardless of what happens with the sale of TikTok, social commerce could become a retail factor to reckon with in Q4, and is definitely ready for its close-up in 2021. In fact a new report puts the global market for social commerce at $89.4 billion this year and says it will reach $604.5

Marketing 209

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PYMNTS

JUNE 18, 2019

Pet retail is having a moment, with innovation and other efforts helping merchants better reach owners of dogs, cats and other household animals. Pawscout, as it turns out, just launched its $20 pet tags in Walmart — and is selling the product via other retailers, Chavez told PYMNTS. physical retail landscape. Better Pet Tag.

Retail 122

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PYMNTS

MARCH 18, 2020

In normal times consumers look for three things from a retailer: price, product and location. In fact, a pre-crisis PwC report showed that 14 percent of respondents said trust in a brand is the number one reason (other than price) why they shop at a retailer. What do consumers want from retailers now?

Retail 153

Retail Branding social media Online 153

PYMNTS

JULY 21, 2017

Connecting with consumers has seen a significant change over the course of the past few decades. No longer are retailers working with marketers to figure out a way to mass market products and services. With the advent of connected devices in the palm of almost every consumer’s hand, the retail ecosystem has certainly seen a shift.

Retail 137

Retail social media Customer Experience Boston 137

PYMNTS

JUNE 20, 2017

Of course, facial recognition has driven significant public controversy over the erosion of personal privacy and anonymity. But there’s a lot of untapped potential in other verticals, particularly retail. Retail needs some help. They can see the online research you conducted before setting foot in the retail location.

Technology 173

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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

JUNE 4, 2019

Consumers might feel creeped out by all those hyper-precise and personalized ads on social media, but how many would mind – really mind – if, because of predictive eCommerce technology, their stocks of toilet paper never ran out? It’s not as though Amazon hasn’t thought of this, of course. Other Players.

Retail 132

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PYMNTS

FEBRUARY 26, 2020

The coronavirus has already dented supply chains — notably those that serve retailers and auto manufacturers, among others. We’re referring to 5G, of course. 26), at least some people are taking to social media to claim that there is a link between 5G networks ad the virus.

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PYMNTS

JANUARY 13, 2020

Fitness and wellness are helping to change the face of retail in 2020. And, of course, habits vary according to factors like geography, age and even fitness level. Furthermore, consumers are always looking for variety, and for community — something a digital operation like ClassPass can help build in almost a social media-like way.

Retail 146

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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

MARCH 30, 2016

While it’s just become a fad in the last few years for retailers to actually start selling their wares on social media, just having a Facebook page has been a necessity of online merchants for many years more. In fact, it might be more important in retail than anywhere else.

Retail 100

Retail social media Branding Study 100

Accenture

OCTOBER 3, 2017

Of course, some of this investment came from banks. Based on this survey of over 2,000 consumers, it’s clear that online retailers, tech firms and social-media players face an uphill battle to convince consumers to allow them access to their financial data. That’s no surprise. So why not? Let us know what you think.

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social media Millennials Online Fraud 166

PYMNTS

NOVEMBER 8, 2018

It’s the big stage for retailers, the holiday shopping season – when all the consumer world is watching (and, merchants and payments providers hope, buying more than they did last year). And let these bad memories of holidays past guide you in the coming weeks to ensure that your retail and payments machine is running in top condition.

Retail 129

Retail social media Online Taxes 129

PYMNTS

DECEMBER 7, 2020

Of course, it’s not surprising that a retailer looking to focus on digital is exiting print. What’s perhaps eye-catching in Ikea’s case and for the world of catalog publishing in general is how inconsistent that pullback actually seems to be when one looks at retail. Not Everyone Is Giving Up on Catalogs .

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PYMNTS

DECEMBER 24, 2020

It all depends on how you look at it — and where you look, of course. Bitcoin, of course, exists as one of the most widely recognized cryptocurrencies. Building The (Retail) Use Cases. And, of course, the crypto landscape extends well beyond bitcoin. Of course, it’ll take some time to get there if we do.

Bitcoin 258

Bitcoin cryptocurrency Course Boston 258

PYMNTS

MARCH 16, 2016

It is also considered one of retail’s best hopes for an immediate future that is markedly better than its immediate past. Recently, “The Biebs” singed on to represent Calvin Klein jeans on his upcoming world tour to support his album “Purpose.” Sounds … rocking?

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PYMNTS

DECEMBER 17, 2020

And of course, what kind of retail excursion would it be if it didn’t also include a “best-in-class” eCommerce experience that can seamlessly turn those impulse discoveries into actual purchases? Shop Party for the win!” model Martha Hunt Tweeted after her first “super easy” experience with the new app. New Uses For Existing Tech .

Trends 203

Trends Video social media Los Angeles 203

PYMNTS

SEPTEMBER 5, 2019

Luxury retail is being revised — and in some cases, reinvented — and those trends are worth attention as the 2019 holiday shopping season approaches. Not only that, but the luxury online consignment retailer opened a brick-and-mortar store on New York City’s famed Madison Avenue. Indeed, in its recent U.S. has notched $300 million.

Retail 123

Retail New York New York City Philadelphia 123

PYMNTS

SEPTEMBER 14, 2018

Luxury style and quality brands, offered at a more middle-class price point and sold directly to consumers, is increasingly crowded terrain in apparel retail. Or, perhaps more accurately, through tactics that are so traditional they are surprising to see in a modern retail context.

Retail 134

Retail Innovation Branding social media 134

PYMNTS

DECEMBER 17, 2020

FreedomPay said it is “rapidly expanding on a global scale” in such markets as retail, eCommerce, hospitality and food and beverage. Of course in recent years, bots have been given a bad name, due to Russian bots bombarding social media outlets during the 2016 election. Before, they were limited to one or two areas.

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PYMNTS

FEBRUARY 1, 2017

These are tough times to be tangible — as in brick-and-mortar, in retailing at least. The physical retailer is constrained by square footage, the hybrid retailer joining on an eCommerce platform less so, especially with the drop shipping. The upshot is that, through the drop-ship model, they do not need to hold more inventory.

Online 100

Online Retail social media Branding 100

PYMNTS

JANUARY 3, 2019

Apple , of course, is getting cored, on the heels of a surprise announcement that, in hindsight, should not have been a surprise. Whenever an 18-20+ percent revenue contributor – in this case, of course, China – falters, that spells rough sledding for any company. Live by the Chinese consumer, die by the Chinese consumer.

Apple 176

Apple Course social media Retail 176

PYMNTS

AUGUST 4, 2020

And of course, they also need customers’ support. Just 9 percent of consumers told Visa that they shop exclusively at locally owned businesses versus 15 percent who shop exclusively at larger retailers. And we’re glad to see more digital advertising and using social media to drive their agendas.”. What Comes Next.

Study 315

Study Survey social media Online 315

PYMNTS

AUGUST 28, 2018

Berlin-based fashion retailer Lesara prides itself on thinking differently about apparel and being on trend. It calls its approach “agile retail” and it believes something different about who should set the course when it comes to deciding what is “in.” In a way, agile retail is the smarter and faster brother of fast fashion.

Retail 100

Retail Trends Big Data social media 100

PYMNTS

JUNE 17, 2016

Despite the millions of ways social media was supposed to make life simpler and more convenient, retailers have long since found that it’s not the selling playground that they once imagined it to be. And then comes social media’s version of an angry mob with pitchforks and torches: the boycott.

Retail 100

Retail social media Cleveland Big Data 100

PYMNTS

DECEMBER 16, 2019

Financial institutions, of course, use data to create new products and services to cement customer loyalty. Data Wars, Via Social Media. The war may be waged across social media, where reputations can be dented in a matter of short Twitter bursts. In financial services, access to data is, well, everything.

social media 174

social media Data Fintech United States 174

PYMNTS

MAY 8, 2020

The coronavirus upended, well, everything, of course. A bit more than a year ago, Square launched a revamped version of its Square Online Store and Square for Retail, in a bid to help sellers to reach consumers across a variety of channels. Merchants, too, enjoyed the tailwinds of a strong economy and sanguine consumer mindset.

Report 245

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PYMNTS

OCTOBER 10, 2020

So, fulfilling its sacred duty to steak lovers with limited choices, Omaha Steaks has created a new holiday to celebrate steaks – complete with a sale, of course. While many other retailers offer sales this time of year, the Butcher’s Day sale takes it a step further by putting the spotlight on America’s dedicated butcher.”.

Omaha 254

Omaha social media Analysis Industry 254

PYMNTS

JUNE 6, 2016

Consumers love social media and of course consumers love ice cream. Twitter, of course, stirred up big news last week when it announced that it is formally pulling the plug on its buy buttons and moving on to other (hopefully more lucrative) efforts. So what’s the deal? So is the buy button dead?

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PYMNTS

APRIL 19, 2017

As a retail segment, fashion and apparel design have always walked the line between a creative endeavor and meeting the demands of a global, consumer-facing industry. Brands distribute surveys to existing customers via email or a brand’s social media presence.

Branding 108

Branding Retail Data Survey 108

PYMNTS

DECEMBER 30, 2020

Another 33 believe D2C retailers have better deals on their websites, while 33 percent say it’s easier to see all of a brand’s offerings on one site: Even better, from the brands’ point of view, is that the consumers most interested in D2C are typically younger, better educated and wealthier than those with less interest in the concept.

Branding 257

Branding Millennials Retail social media 257

PYMNTS

NOVEMBER 27, 2018

For most people, parenting is an all-or-nothing endeavor, a constant mindset and lifestyle, the lens through which the rest of life is filtered, and a bond that can connect fathers and mothers across neighborhoods, states, time zones and countries (thanks in large part to the internet, of course).

social media 147

social media Retail Online Trends 147

PYMNTS

OCTOBER 23, 2020

In fact, 2020 opened with retail reports decrying the great toy sales slump , citing the 4 percent fall-off in toy sales, the rather tepid holiday sales season reported between 2018 and 2019 and the fact that toy sales came up short during last year’s holiday season.

social media 215

social media Video Retail Branding 215

PYMNTS

JULY 13, 2018

Generally for a retail store, attracting a crowd is good news. Unless, of course, that crowd is too big to serve, in which case, life goes from a successful day at the shop to an exercise in controlled anarchy — particularly if the crowd has to be turned away without completing their desired purchases.

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PYMNTS

MARCH 16, 2019

Plus, to add insult to injury, because its social media channels were all on the fritz, Team Facebook spent much of the day on Twitter to keep its users posted. Of course, on the downside, those people were less than wholly understanding of the situation.

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PYMNTS

JANUARY 15, 2019

In an interview that springboarded the findings of the Retail Innovation Readiness Index , published late last year, Nicky Koopman, vice president of content and value-added services at AEVI , stated that when it comes to apps, one maxim holds true: One size does not fit all. Laying The Groundwork. Ah, but how to get there?

Innovation 173

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