PYMNTS

SEPTEMBER 21, 2018

Shopping for apparel online is tricky in any case, and shopping for accessories can be particularly taxing because, while one can get a fine feel for the look of a piece, the actual fit is something quite difficult to discern — as looking at an image of an object doesn’t quite tell its scale. However, stay tuned.

social media 155

social media Tools Branding Mobile 155

PYMNTS

DECEMBER 11, 2020

Consumers are going digital and are finding the experience to be an upgrade, while the physical retail channel is becoming increasingly unsatisfying by a pretty wide margin. Herron said that means retail needs to catch up and start rethinking a model that is “definitely broken right now” when it comes to shopping in a physical store.

Retail 273

Retail Meeting Customer Experience Online 273

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

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.

Retail 130

Retail social media Branding Mobile 130

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. These brands just by definition are going directly to their customers, using their own storefront [and] own channels.”.

Branding 291

Branding Chicago Retail Online 291

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. However, new data from PYMNTS shows that some non-essential items are moving online. On March 17 only 25 percent of respondents said they were shopping for non-essential items online.

Retail 141

Retail Online Survey Branding 141

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

AUGUST 28, 2019

Retailers seeking to provide rapid deliveries face an ever-moving target as consumers’ definition of speed evolves. A significant share of Generation Z consumers — those aged 18 to 25 — are turning to buy online, pick up in store ( BOPIS ) purchasing models to meet their speed needs. Quick Access and Impulses.

Retail 108

Retail Online Study Survey 108

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. Example: Ted Gallagher is vice president and partner at Environmental Hazards Control , a Lancaster, Pennsylvania-based company that disinfects retail locations and other business facilities.

Retail 141

Retail Las Vegas Branding Pennsylvania 141

PYMNTS

OCTOBER 3, 2019

Offering purchase rebates to customers can create attractive incentives for retailers looking to improve their conversion rates. Lengthy disbursement wait times can undo retailers’ progress with them, and few payment processes take as long to complete as physical checks. Online Disbursements And Why Checks Are Still Hanging On.

Online 134

Online Payments Branding Cards 134

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. Consumers are shopping more online , are increasingly interested in contactless payment methods and are showing up in stores to buy, not to browse.

Millennials 251

Millennials Retail Online Branding 251

PYMNTS

NOVEMBER 10, 2020

Cooler Screens is replacing traditional glass doors with high-definition, multi-functional video screens that create a new revenue stream for merchants. In merchant innovation, consumers are increasingly beginning their shopping trips online , and a growing number are deciding to finish their journeys there.

Retail 133

Retail Chicago Video Data 133

PYMNTS

APRIL 30, 2019

According to Will Byrne, CEO of Worldnet Payments , the kiosks and smart shelves that are gaining traction across any number of commerce and retail settings may even shift the employment picture a bit. The Changing Retail Footprint. As unattended retail notches an increasing footprint, said Byrne, other use cases will also emerge.

Retail 138

Retail Data Operations Payments 138

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

JULY 2, 2020

No exact date has been given, but Business Insider reported that Amazon told one retailer to expect the event to be held around Oct. A definitive date will be announced as we get closer to the event.” The Seattle-based online behemoth already twice rescheduled the event from a previously planned July date.

Seattle 267

Seattle Exercises Resources Report 267

PYMNTS

APRIL 2, 2020

As Caton told Webster, there’s been a spike – though certainly not enough to use the term “boom” – in online buying activity related to essential daily needs, across a range of customers, that makes city life possible. . A majority of Prologis’ assets are in what Caton called “last touch and city distribution.” Shifts in Consumer Behavior.

Industry 253

Industry Online Retail Examples 253

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. Bed Bath & Beyond Strikes Deal To Sell Cost Plus World Market. Bed Bath & Beyond Inc.

Branding 131

Branding Groups Retail New York 131

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. CEO Nick Molnar said in a past PYMNTS panel. And there's a huge opportunity.

Millennials 200

Millennials Retail United States National 200

PYMNTS

MAY 28, 2020

The digital shift is definitely on. But when it comes to the digital customer experience, retailers are playing catch-up. The issue is critical as retailers either move online or put more effort behind their eCommerce capabilities. The customer experience online has dozens of critical elements.

Retail 144

Retail Customer Experience social media User Experience 144

PYMNTS

MARCH 14, 2020

With the coronavirus putting eCommerce front and center, it has unfortunately been joined by its cousin: online retail fraud. Conservative estimates put online sales at $630 billion this year. According to online security company Signal Sciences , eCommerce retailers deal with an average of 206,000 web attacks per month.

Fraud 230

Fraud social media Online Retail 230

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

DECEMBER 28, 2020

The first were the Pepsis, Heinzes and Krafts that either didn’t like their retail distribution or saw a pandemic-driven opportunity to get new products in new configurations to the consumer. It’s just sort of like nonstandard versions of food that traditional retailers either are not able to buy or refuse to buy.”. Ramesh said.

Branding 162

Branding Retail Philadelphia Marketing 162

Perficient

NOVEMBER 8, 2021

BB : In 1992, I discovered these online bulletin boards, where you could communicate with people all around the world. MM: So, you started at City National Bank, and was the bank online before you got there? I touch a variety of sub-industries, including retail banking, commercial banking, and payments. BB: Definitely coffee.

Industry 539

Industry cryptocurrency New Mexico Los Angeles 539

PYMNTS

OCTOBER 22, 2020

Retailers in this space are also beginning to offer more payment methods and shopping channels, and the ongoing COVID-19 pandemic’s effects on consumer behaviors is partly driving this shift. Providing diverse payment methods is therefore becoming as essential to retailers’ success as offering expansive product lines.

social media 200

social media Retail Online Mobile 200

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. Fast Food Picture. That’s not all. Security Cameras.

Retail 131

Retail Software Video Data 131

PYMNTS

NOVEMBER 11, 2020

11 (“11-11”) in China and some other countries — saw online sales explode past last year’s sales totals. online sales seen last year between Thanksgiving and Cyber Monday. billion online during that period, according to Adobe Analytics data. Alibaba ’s Singles Day performance on Wednesday (Nov. That’s up from $38.4

Regulation 239

Regulation Branding Apple Retail 239

PYMNTS

MAY 8, 2020

What we are learning now is that the definition of ‘unified commerce’ is a lot more flexible.”. She said companies such as Authorize.net , the small business offering of CyberSource, have set up resource pages that can help small- and medium-sized businesses (SMBs) get online and streamline operations through, for example, digital invoicing.

Cards 260

Cards Fraud Online Operations 260

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

MARCH 30, 2020

Some workers will stay on to continue working in eCommerce, call centers and distribution divisions, as Macy’s continues to sell online. The moves by companies to try and weather this difficult period will definitely grow the ranks of the unemployed, a number that is already at a record high of 3.28

Retail 132

Retail Company Online Report 132

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

AUGUST 12, 2019

Subscription commerce is attractive to entertainment platforms as well as retail businesses because it locks in revenue streams, and customer data can help with planning and forecasting. Subscription commerce isn’t immune to the retail data breaches that have become widespread, though it does have different payment issues.

Retail 118

Retail Video Security Software 118

PYMNTS

SEPTEMBER 22, 2020

The digital shift is rippling across channels, with buying journeys that often start on smartphones and conclude at curbside, as buy online, pickup in-store (BOPIS), delivered to the door or in-store. Retailers must therefore focus on offering smooth service regardless of channel.

Study 198

Study Online Retail Payments 198

PYMNTS

JULY 14, 2020

In fact, as economies across the globe began to shut down for an extended period, in a bid to stay relevant, many vehicle retailers installed third-party solutions to facilitate a fully digital vehicle sales process.”. One of those tools is virtual retailing, or virtual showrooming.

Tools 183

Tools Online Retail Analysis 183

PYMNTS

AUGUST 5, 2020

The digital shift is definitely extending to online furniture sales, with two companies — Wayfair and Blueport — reporting stratospheric increases in sales. From April 1 through June 30, furniture retailers on the Blueport platform increased sales an average of 317 percent vs. the same period, and 123 percent vs 2019.

Retail 169

Retail Online US America 169

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

PYMNTS

FEBRUARY 12, 2019

Any number of “faster” rails are coming online through the next several months. 2,225: The amount bridge millennials spend, on average, on annual retail purchases. 90 percent: The share of retail sales that the Census estimates happen at the physical store.

Millennials 154

Millennials Payments Retail Lending 154

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. percent overall and 31 percent online.

Retail 180

Retail Branding Analytics Online 180