PYMNTS

JANUARY 21, 2020

Furniture is helping to build a larger retail ecosystem, with the value proposition of Oliver Space centered around providing furnishings, along with design help, to consumers who are moving. The company, for its part, provides furniture to customers in exchange for monthly fees from customers. All this, Today in Data.

Retail 130

Retail Innovation United States Data 130

PYMNTS

JULY 15, 2020

Livestreaming online shopping is finally gaining momentum in the United States, via an evolving business model from Glamhive. In the automotive arena, sellers have implemented third-party technology such as virtual retailing to enable a completely digital vehicle sales process.

Retail 130

Retail Technology Cards Innovation 130

PYMNTS

SEPTEMBER 10, 2019

Sometimes innovation in the commerce and payments space is a matter of a new technology or a new process. That might not sound like such a big deal, but it really is – at least when it comes to Amazon and retail fulfillment in the U.S. where higher land and construction costs deterred developers,” the report states.

Innovation 243

Innovation Seattle California United States 243

PYMNTS

MARCH 27, 2020

In the latest Merchants Guide to Navigating Global Payments Regulations , PYMNTS examines the latest data privacy and online banking regulations taking shape in the United States. The Tracker also looks at how COVID-19, the disease caused by the coronavirus, may impact the development of these rules in both the U.S.,

Data 199

Data Retail US California 199

PYMNTS

DECEMBER 30, 2020

Department stores are struggling in a digital-first economy, while forward-thinking retailers are looking at the returns process as an opportunity to create a positive customer experience. 97% : Share of consumers who will buy from a retailer again after having a positive returns experience. All this, Today in Data.

United States 261

United States Customer Experience Retail Data 261

PYMNTS

JULY 22, 2020

The firm said the acceleration was mainly fueled by quicker growth in the United States, Brazil, Western Europe and a good share of APAC, according to the Monday (July 20) report. “At

United States 260

United States Retail Maine Online 260

Perficient

FEBRUARY 2, 2023

In the beginning, the majority of BNPL purchases occurred between retailers and end customers in the apparel and cosmetics spaces, but there has been a shift toward using BNPL for bigger ticket items, in both business-to-consumer and business-to-business landscapes. In 2023, we expect to see this response exaggerated and heightened.

Industry 471

Industry Trends social media Payments 471

PYMNTS

MAY 29, 2019

Gig, eCommerce and public utility firms are putting the spotlight on payment innovations to remain competitive in markets that are becoming increasingly saturated. In contactless payments news, only a small fraction of payments in the United States avoid the swipe or chip card reader.

Innovation 139

Innovation Marketing Payments United States 139

PYMNTS

JANUARY 22, 2019

According to the PYMNTS Enterprise Grocery Report , almost $20,000 of the $56,697 per year of the average spending of households in the United States corresponds with food or similar products. At the time, the retailer said the 50th metro area for grocery delivery was in Akron, Ohio and that more locations were on the way.

Innovation 149

Innovation Ohio United States Survey 149

PYMNTS

OCTOBER 14, 2020

In today’s top news, purchases via voice assistant are up 10 percent year-over-year, and Afterpay is now available in-store nationwide with major retailers. Afterpay Goes In-Store Nationwide With Major Retailers. Morgan reports third-quarter results that show a strong consumer base. Netflix And The Art Of The Shrinking Free Trial.

Retail 173

Retail Charlotte Apple Payments 173

PYMNTS

SEPTEMBER 30, 2020

The online retail giant is scooping up 90,000 additional square feet of office space in the middle of Singapore’s financial district at the Asia Square Tower 1, Bloomberg reports , citing people familiar with Amazon’s real estate plans. The world’s largest retailer is also on a hiring binge in Singapore.

Denver 243

Denver Dallas United States New York 243

PYMNTS

JUNE 24, 2020

Merchants are focusing on re-engaging shoppers now that brick-and-mortar retailers are reopening across the United States. And in banking, credit unions (CUs) are innovating to help the microbusinesses that make up a small yet key part of their ecosystem.

Retail 130

Retail United States Data Innovation 130

Bank Innovation

MARCH 19, 2018

EXCLUSIVE— Most consumers in the United States stubbornly cling to their plastic payments, even as customers in other countries — see China — increasingly embrace at a steady rate mobile and other digital forms of payment. This could be due to the fact that, as many in fintech have stated, the card infrastructure in the.Read More.

Mobile 275

Mobile United States Payments Cards 275

PYMNTS

DECEMBER 11, 2020

The pandemic is proving to be a tough loyalty test for retailers, as they are competing for customers’ attention in an environment where competition is still present in both online and in stores. Retailers must, therefore, assess what type of shopping experiences consumers are searching for, as well as how to provide swift payments.

Online 241

Online Payments Retail United States 241

Bank Innovation

DECEMBER 2, 2016

The personal lending space in the United States, conservatively estimated to be around $3 trillion in 2016, is seeing continued disruption. One of the latest innovative offerings in the lending space comes from a traditional investment bank: Goldman Sachs has looked to expand its presence in the retail banking space Read More.

Maine 150

Maine United States Lending Retail 150

PYMNTS

MARCH 30, 2020

The organization said that “the aim is to explore the potentialities offered by this technology, and to identify concrete cases integrating Central Bank Digital Currencies [CBDC] in innovative procedures for the clearing and settlement of tokenized financial assets.”

Denver 246

Denver Bitcoin Colorado United States 246

PYMNTS

OCTOBER 21, 2020

21) that the company is expanding its contactless Tap To Phone (TTP) payment systems to more than 15 markets worldwide, with plans to bring the mobile tech to the United States sometime next year. In January, Bowman told PYMNTS that while TTP was reshaping retail , it also drove innovation in other industries.

Mobile 274

Mobile United States Retail Payments 274

PYMNTS

NOVEMBER 26, 2019

Luxury and upscale retail are undergoing some significant changes as the holiday shopping season kicks off and a new decade approaches. The retailer recently delivered earnings that beat analysts’ expectations for the recently completed financial quarter, even as its net sales declined year over year. Social Retail.

Retail 131

Retail Online social media United States 131

PYMNTS

AUGUST 6, 2019

What to do with retail malls? That is among the latest trends as retail reinvents itself, and technology and other trends force new uses for old commerce spaces. Malls are not exactly the hotspots of coolness and retail activity they once were. retailers so far this year than in all of 2018. New Investment.

Retail 108

Retail Innovation Minnesota Los Angeles 108

PYMNTS

NOVEMBER 27, 2019

Restaurants that are driving food innovation with carefully chosen ingredients focused on health are seeking funding to help power their growth. percent in the United States in 2018 to $167 million per Technomic data. percent in the United States in 2018 to $167 million per Technomic data. Its sales increased 22.3

Retail 101

Retail Innovation Las Vegas United States 101

PYMNTS

JANUARY 16, 2019

Some are massive – like the ever-growing cost of medical care in the United States. Others land somewhere in between: the ongoing revolution in retail springs to mind. percent: Share of retailers that believe innovation is necessary to create sales. 6: The number of SKUs that Vengo vending machines carry.

Innovation 108

Innovation Data United States Retail 108

Bank Innovation

MARCH 27, 2020

In a week that saw the coronavirus pandemic amplify in the United States, the fintech sector continued to weather economic dislocation and uncertainty. But even amid this uncertainty, fintech companies began formulating strategies to help banking and consumers emerge from the crisis with better tools and solutions.

Fintech 259

Fintech United States Tools Strategy 259

PYMNTS

NOVEMBER 22, 2018

There isn’t a lot of room to really innovate the Thanksgiving turkey. Deep-fried turkey has been mainstream in the United State since the late 1980s, though the practice traces back to the 1930s, according to most experts. So is this innovation worth investigation? Or is there? The Instant Pot Solution. Turkey Frying.

Innovation 168

Innovation National New York Maine 168

PYMNTS

MAY 24, 2019

The clothing rental market in the United States is projected to reach $4.4 This might attract customers, but retaining them requires constant innovation. While the rules of fashion may change completely in a few short years, the golden rule of retail will always remain the same: The customer is always right.

Innovation 134

Innovation United States Online Millennials 134

PYMNTS

JULY 29, 2020

(and a can-do spirit), a country that rewards ambition and innovation — and where individual success stories of, say Google and Amazon customers are folded into the testimony in efforts to show how tech can help smaller firms pivot and embrace the great digital shift. More than 80 retailers in the U.S.

Innovation 168

Innovation Apple Google Texas 168

PYMNTS

MARCH 6, 2019

Amazon will shutter all 87 of its pop-up stores in the United states by the end of next month, according to a report in The Wall Street Journal. The move would end the proliferation of the small shops in malls, Kohl’s stores and Whole Foods in 21 states.

Retail 145

Retail United States Branding Customer Experience 145

PYMNTS

OCTOBER 13, 2020

Thirty-seven percent more consumers in the United States are working their full-time jobs from home than in 2019, whereas 27 percent more are performing gig jobs remotely. consumers are now doing their routine grocery shopping during the week as well as 153 million (51 percent) doing their retail shopping.

Data 261

Data United States Study Retail 261

PYMNTS

MAY 21, 2020

In the United States, the digital dollar was floated in a draft proposal of one of the early stimulus bills. However, a retail CBDC accessible to all would be a game-changer. So a retail CBDC is now [the ECB’s] main focus.”. Mersch added that a retail CBDC could be based on deposit accounts with the central bank.

United States 244

United States Regional cryptocurrency Retail 244

Bank Innovation

MARCH 7, 2018

In 2017, in the United States, overall VC funding -- a barometer of startup activity and appeal.Read More. At this time last year, fintech was in a downturn. Fintech venture funding was down more than 9% year-over-year; valuations seemed stuck. But the fintech market has rebounded.

San Francisco 236

San Francisco Fintech United States Marketing 236

PYMNTS

SEPTEMBER 5, 2019

And, in retail, consumer food brands such as ReGrained are upcycling ingredients, and the pharmacy sector is experiencing ongoing innovation as well as disruption. 40 percent: Estimated portion of all food in the United States that is wasted. $20 All this, Today in Data. 75 percent: Share of U.S.

Innovation 108

Innovation United States Customer Experience Fraud 108

PYMNTS

JULY 24, 2019

I think if you look at Amazon, although there are certain benefits to it, they’ve destroyed the retail industry across the United States so there’s no question they’ve limited competition,” Mnuchin told CNBC. And, in the process, they have hurt small businesses and stifled innovation.”.

Retail 128

Retail US Massachusetts United States 128

Bank Innovation

SEPTEMBER 29, 2017

EXCLUSIVE— With P2D2 and other regulatory initiatives mandating the sharing of customer data, open banking is slowly becoming a reality in the United Kingdom and other European countries.

United States 236

United States Fintech Data Online 236

PYMNTS

APRIL 25, 2019

Shopify announced it has launched a new retail hardware collection to improve in-person shopping for some of the world’s fastest-growing brands and their customers. Digitally native brands want to build loyal audiences through retail locations, and we’ve designed the best products to help them achieve this success.”.

Retail 122

Retail United States Branding Cards 122

PYMNTS

DECEMBER 27, 2019

In today’s top news in payments, Amazon applied for a patent for hand recognition software, and retail sales reached new heights thanks to record online spending. Mastercard: Holiday eCommerce Nearly 15 Pct Of Retail Sales. Retail sales hit record highs this holiday season, thanks to massive growth in online spending, which was up 18.8

Retail 130

Retail Payments blockchain United States 130

PYMNTS

APRIL 24, 2020

COVID-19 has closed bank and credit union (CU) branches across the United States, sending the demand for digital banking solutions soaring as consumers hop online to manage their finances from home. However, CUs are not the only financial institutions (FIs) looking to offer digital banking innovations to their members.

Data 187

Data Innovation Digital Banking Meeting 187

PYMNTS

OCTOBER 18, 2019

WHSmith has revealed it will acquire Marshall Retail Group (MRG) in an effort to boost its presence in U.S. MRG currently operates more than 170 locations across the United States, with 70 of those locations operating inside airports. airports, according to Financial Times.

Groups 101

Groups Retail Las Vegas United States 101

PYMNTS

MARCH 6, 2017

The new Neiman Marcus store in Dallas-Fort Worth is both very much like — and completely different from — the 42 other Neiman Marcus stores scattered throughout the United States. He’s the head of Neiman Marcus’ Innovation Lab. Neiman’s InCircle rewards program is legendary and drives roughly 60 percent of its retail sales.

Fort Worth 129

Fort Worth Innovation Dallas Retail 129