PYMNTS

FEBRUARY 24, 2020

As 2020 unfolds, the retail business has been dramatically altered. But with consumer spending holding steady, it’s important for retailers to grasp the opportunity to create innovative ways to get, keep and grow customers. And retailers that deploy experiential tactics drive repeat purchases at rates nearly twice those who don’t.

Retail 210

Retail Branding New York City Indiana 210

PYMNTS

FEBRUARY 1, 2021

In today’s top retail news, Amazon Go stores in Seattle are reportedly being equipped with Amazon One palm-reading scanners, while automotive brands are taking control of digital purchasing platforms. Plus, fashion-based small and medium-sized businesses (SMBs) are getting a new marketplace option. percent of the market.

Washington 217

Washington Seattle Retail Online 217

PYMNTS

SEPTEMBER 11, 2019

Virtual reality could have more retailers reach more consumers in the coming few years — in large part by upping the consumer experience. Location-based virtual reality (VR) startup The Void is partnering with mall operator Unibail-Rodamco-Westfield (URW) to open 25 new entertainment outposts in the U.S. and Europe by 2022.

Retail 192

Retail San Diego San Francisco Branding 192

PYMNTS

SEPTEMBER 28, 2020

Not every product launches smoothly (RIP Fire Phone ), not every new endeavor delivers (Amazon’s flirtations with offering a travel platform ended abruptly) and not every new market immediately yields. Amazon still has mountains to climb, even as the market is softening toward them. based consumers.

Marketing 237

Marketing Survey Online New York 237

PYMNTS

APRIL 16, 2020

The New York City real estate market, battered like other economic sectors by the coronavirus pandemic, is seeing lower rates than it has in almost a decade. That has sent rents falling steeply with no signs of turning around soon.

New York City 130

New York City New York Guidelines Retail 130

PYMNTS

JANUARY 24, 2019

Before consumers started to trade brick-and-mortar shopping experiences for eCommerce websites, retailers could bring customers through their doors with window displays. According to the PYMNTS Virtual Reality In Retail Report , there are expected to be 100 million AR/VR headset users by 2022.

Retail 204

Retail Training New York City Technology 204

PYMNTS

JULY 19, 2019

Iconic brick-and-mortar retailers are sometimes reinvented, and return to the world of retail with smaller-format concepts. Tru Kids has entered into a joint venture with the software-powered experiential retailer b8ta to offer a new store experience with curated toys in “highly immersive, smaller-format spaces.”.

Retail 150

Retail US New York United States 150

PYMNTS

MAY 29, 2019

It’s not often that one gets to see a new form of retail emerge, but that’s what’s happening with, of all things, legal recreational cannabis. So far, this retail is taking a form that is big, feminine and even a bit luxurious. Evidence of that came earlier this year from Barneys New York. Cannabis Superstore.

Retail 186

Retail Las Vegas Leadership Industry 186

Bank Innovation

JUNE 7, 2019

As fintech moves beyond digitizing legacy systems to a focus on intuitive, customer-driven experiences, the field of startups competing for market share is getting crowded. NYCA Partners, based in New York and San […]. According to CB Insights, venture-backed fintech companies raised $6.3

Marketing 186

Marketing New York Fintech System 186

Bank Innovation

MARCH 2, 2020

Robinhood Markets Inc.’s s brokerage website experienced technical issues Monday with some customers unable to make trades on a day when the market was rebounding from last week’s rout. markets opened and continued through midday. New York time, the company posted a statement on the website […].

Online 273

Online US New York System 273

PYMNTS

JANUARY 7, 2021

In today’s top retail news, Walgreens Boots Alliance, Inc. reported that its Retail Pharmacy USA segment had $27.2 Walgreens Retail Pharmacy USA Reports $27.2 reported as part of its Q1 fiscal 2021 earnings that its Retail Pharmacy USA segment had $27.2 Billion In Sales. Walgreens Boots Alliance, Inc.

Retail 172

Retail New York City New York Texas 172

PYMNTS

JULY 10, 2020

Back in late March when the pandemic first started to lock down retailing, PYMNTS published the first in a series of tracking reports showing clear evidence that the overwhelming factor in economic recovery would be one thing: COVID-19 and the ability to mitigate its effects. Again, that scenario is playing out this week. percent increase.

Retail 150

Retail South Carolina New York Arizona 150

PYMNTS

NOVEMBER 19, 2020

Dutch retailer Ahold Delhaize — owner of grocery behemoths Giant and Stop & Shop — has acquired a majority stake in supermarket delivery startup FreshDirect amid an online shopping surge propelled by COVID-19. “We FreshDirect gets a parent with real buying power and the means to further expand in East Coast markets.”.

Retail 153

Retail New York City New York Operations 153

Bank Innovation

AUGUST 29, 2019

New York City commuters this week will have their first exposure to European banking brand N26 through ads posted on subway cars. The Berlin-based company launched its mobile banking product to U.S.

New York City 210

New York City New York Marketing US 210

PYMNTS

AUGUST 6, 2020

Real estate trends for retailers are back in the news this week, as the pandemic-driven brick-and-mortar market starts to produce new business models and a fair amount of stability. The new business model involves leasing options for the retail sector. retail portfolio valued at $5.9 which owns 32.5

Retail 154

Retail Analytics New York Examples 154

PYMNTS

DECEMBER 11, 2018

Retailers are doubling down on toys amid a gap in the market left by the bankruptcy of Toys R Us. toy retailer Hamleys , for instance, is eyeing a potential New York City location for a flagship store. Retailers Step up Toy Selection. In the U.K., That is, a place that lets consumers try out products.).

Retail 166

Retail US New York City Los Angeles 166

PYMNTS

FEBRUARY 10, 2020

However, while women may be founding more businesses in the second decade of the 21st century than ever before, they are still collecting merely a fraction of the funding, Visa ’s Senior Vice President and Head of North American Marketing Mary Ann Reilly told Karen Webster.

Retail 190

Retail Branding New York Tools 190

PYMNTS

APRIL 13, 2020

In what appears to be an unprecedented move, an industry trade association is stepping in to help restart a retail community hit hard by the COVID-19 pandemic. Last week, The Toy Association , which produces the mega-sized New York Toy Fair, announced plans for “ Toy Fair Everywhere.” Two additional weeks are planned for Aug.

New York 255

New York Dallas Community Industry 255

PYMNTS

JANUARY 21, 2020

And nowhere is that aphorism better illustrated over the last decade than with the statistic that more than 90 percent of all retail sales took place at brick and mortar stores. It gave retailers the illusion that digital was the retail cart driven by the physical store horse. The answer, she noted, is complex.

Retail 168

Retail Innovation Data New York 168

PYMNTS

JUNE 6, 2019

News this week (June 5) from France supports those points. There, according to The New York Times , authorities plan “to outlaw the destruction of unsold consumer products, a practice that currently results in the disposal of new goods worth 800 million euros, or more than $900 million, in the country each year.

Retail 146

Retail New York Online Trends 146

PYMNTS

JULY 27, 2019

This week, the world was presented with a truly unusual retail mystery: The Case of the Inexplicable In-N-Out Burger. A host of potential resolutions to the mystery flooded across the web – the most popular being that this was some kind of marketing stunt by In-N-Out, possible portending a New York opening.

Marketing 202

Marketing Boston Training social media 202

PYMNTS

JULY 22, 2020

A new advocacy group dedicated to direct-to-consumer retail was announced this week with representation from Google and several major retailers including QVC, Brooks Brothers and Lane Bryant. It foresees a short-term evolution of retailing to an all-DTC world. The pandemic forced it on to a digital platform in early Q2.

Google 150

Google Groups Retail New York City 150

PYMNTS

OCTOBER 23, 2018

To help shoppers check out without waiting in line, grocery retailers are rolling out entire stores centered around cashierless shopping experiences, enabling consumers to purchase fresh food and grocery items with a mobile payments app. The projected value of the global self-service market by 2023 is $13 billion.

Retail 161

Retail Seattle San Francisco Metro 161

PYMNTS

JULY 12, 2019

Trends in legal cannabis retail are just now emerging, and fresh numbers from Colorado are providing insight into how the industry is evolving. Other figures also point to how much consumers are spending on legal retail pot. Legal retail cannabis may be spreading throughout the U.S., Payments Progress.

Retail 154

Retail Colorado Regulation Compliance 154

PYMNTS

MAY 5, 2020

As retailers contend with the continuing COVID-19 crisis and the inevitable resettling of the business, one of the most popular pieces of advice has been to reformat existing stores. New York was obvious because that’s where I lived, but that’s also where a lot of these brands are being developed,” Schildt noted.

Retail 150

Retail New York City New York social media 150

PYMNTS

FEBRUARY 25, 2019

cannabidiol (CBD) market continues to grow, with nearly 7 percent of Americans saying they use the substance. the market could reach $16 billion by the year 2025, as per a report by Bloomberg. Regulators in New York City recently ordered places that sell food to stop putting the substance in meals or beverages.

Marketing 179

Marketing New York City US Survey 179

PYMNTS

SEPTEMBER 25, 2020

Dining out has taken on new meaning in New York City. I really want us to take this model and make it a part of the life of New York City for years and generations to come … I really think it’s going to help restaurants survive.”. “I I want us to go for the gold here,” the mayor told the public radio station. “I

New York City 229

New York City New York US Report 229

PYMNTS

APRIL 13, 2020

At some point after the COVID-19 crisis passes, retailers will need to reckon with artificial intelligence (AI). But if data is the new oil for retail competition, AI is the jet fuel. And if the retail comeback from COVID-19 contains order and purchase spikes, ignoring AI could come at a price. to increase sales.

Big Data 256

Big Data Retail Data Analysis 256

PYMNTS

JULY 22, 2020

From a seller’s perspective, here’s how Popshop works: Suppose a startup streetwear company in New York City wants to sell directly to urban consumers. It’s very interesting to see the conversion rates of eCommerce and mobile for the general market and then look at how it has worked for us so far,” she said. “It’s

Retail 212

Retail New York City Mobile User Experience 212

PYMNTS

DECEMBER 30, 2019

Barney’s has given way to Saks Fifth Avenue, directing shoppers to the latter’s sites in these last days of the year, one of the latest changes in luxury retail in 2019. The luxury retailer has stopped eCommerce transactions on its Barneys.com and Barneyswarehouse.com websites. In October, news surfaced that Tiffany & Co.

Retail 134

Retail New York Branding United States 134

PYMNTS

JUNE 10, 2020

As retail reopens and starts to spur some optimism for the future, a dark number appeared on the scene on Tuesday (June 10). Coresight released a report that says 25,000 retail storefronts will close by the end of the year. Alternative research and other market dynamics make such a scenario seem unlikely. percent of U.S.

Retail 131

Retail New York City Online Trends 131

PYMNTS

OCTOBER 14, 2020

Shoppers who sell back items will receive vouchers to spend at the retailer’s locations. The value of the vouchers will vary depending on the condition of the bought-back items, The New York Post reported. Shoppers must bring the products back to the retailer completely assembled. 24 and Dec.

New York 223

New York Retail Report Marketing 223

PYMNTS

AUGUST 28, 2019

With technology for cashierless checkout and robotic-powered order fulfillment, automated retail is changing how consumers shop for groceries and how supermarkets fill their eCommerce orders. And grocery retailers are expanding their delivery efforts. And, with the new money, it plans to expand around the globe.

Retail 141

Retail New York City Houston San Francisco 141

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. Amazon will move staff into its new suite of offices in the Asia Square Tower early next, per the report.

Denver 243

Denver Dallas United States New York 243

PYMNTS

JANUARY 11, 2021

In today’s top retail news, CarLotz, Inc. Plus, retail rents have fallen to historic lows in the Big Apple amid the coronavirus pandemic. The firm will expand into the Seattle–Lynnwood, Washington market and will also provide a hub for the Orlando–Merritt Island, Florida area. CarLotz Plans Rollout Of US Hub Network.

Retail 131

Retail New York City Seattle Florida 131

PYMNTS

FEBRUARY 17, 2020

The eCommerce-physical location hybrid is marking 2020 with a presence at the world’s leading marathons throughout the year (New York City, Boston, Berlin, Tokyo and London) and is seeing a bounce in sales tied to a comeback in high-performance running shoes, which is a market Taylor is planning on entering with the Tracksmith brand.

Boston 175

Boston Marketing Training Branding 175

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.

Branding 131

Branding Groups Retail New York 131