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NOVEMBER 16, 2018

The store’s concept, dubbed Nike NYC, is to blend the online and offline worlds with the help of smartphones. The retailer also offers a Shop The Look service in the store that allows customers to scan a quick-response (QR) code to find out the size and available colors of the items displayed on a mannequin.

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PYMNTS

APRIL 16, 2019

Retail apocalypse? Whatever you want to call the decline of brick-and-mortar retail – and it’s getting worse, according to a few recent reports – it’s not good. merchants this year already have said they will shutter nearly 6,000 physical retail locations – that’s more than the nearly 5,900 closings for the entire year of 2018.

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PYMNTS

JANUARY 14, 2019

It looks like we can finally have a serious conversation about the impending collapse of physical retail in the U.S. All it took was a 160-year old retailer and a $34 billion kick in the stomach to the retail sector to get everyone’s attention. retailer, Sears, which found itself standing at Chapter 7’s front door.

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JUNE 29, 2020

The first is the OneNike platform, which attracts consumers to apps, like its Nike Training Club or the SNKRS eCommerce app. Those apps do more than act as the top of the funnel for the company’s retail division – they also generate data about user experience and product and service preference.

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PYMNTS

FEBRUARY 3, 2020

Consumers are firing brick-and-mortar retailers from the jobs they held years and decades before. To get their shopping jobs done, consumers are now hiring retailers that make it convenient to do business – anywhere, anytime, through any channel and on their terms. When Buy Online, Pick Up In-Store Goes Horribly Wrong.

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JULY 24, 2020

When Indochino launched in 2007, the company wasn’t out to create a new template for the entire retail sector, just a better product with better prices and a better buying experience. The pandemic pushed Indochino to add virtual shopping guides to its online channel, something the chain’s data revealed customers really wanted.

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APRIL 19, 2019

In retail, merchants are increasingly turning their sights to resale commerce, and Livekick is bringing personal training to clients through its digital platform. Data: 2018: The year luxury online marketplace Farfetch went public. 30: Length in minutes of a Livekick personal training session.

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PYMNTS

SEPTEMBER 29, 2020

Target’s event, first reported by the Minneapolis Star Tribune, will feature “digital deals on thousands of items, more than double what the retailer offered last year, as it adjusts to the surge of consumers who have shifted to shopping online during the coronavirus pandemic.

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DECEMBER 10, 2020

Pet retailer Petco is launching same-day nationwide delivery in partnership with DoorDash that can be accessed via a redesigned website and upgraded app. . The DoorDash Drive tools give retailers the ability to generate demand through their own websites, apps and other channels. . 10) press release.

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PYMNTS

DECEMBER 16, 2020

Tech firms such as Square and MicroStrategy have jumped onboard the investment train as well. Cryptocurrency fans, however, argue that now is different — with big investors piling in — as opposed to the retail frenzy of 2017. However, that was followed by a collapse in price the following year — down close to $3,000.

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MARCH 11, 2020

With personal interactions under scrutiny due to the COVID-19 disruption, it’s a good time for retailers to take stock of their mobile and online commerce capabilities and technologies. It will now extend its augmented reality (AR) training app for free to promote continuity among owners and employees in the business.

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PYMNTS

OCTOBER 26, 2018

As shopping of all kinds is moving online, the growth of digital payments is, unsurprisingly, following along. The trouble with a fast-moving train, however, is that jumping on and holding on can be tricky – and consumers and businesses can sometime struggle to be fully aware and caught up on those advances.

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PYMNTS

OCTOBER 9, 2017

Whether in banking, security, or retail, there is a clear trend regarding artificial intelligence (AI) and machine learning: they’re on the rise, and their proponents are fiercely in favor. Training People and AI to Work Together. According to Sweary, modern training must be two things in order to be successful.

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PYMNTS

OCTOBER 19, 2018

In the webinar, entitled “ 5 Ways Fraudsters Fake IDs — And How Your Face Can Stop Them ,” Trilli not only offered an up-to-date primer on the latest criminal techniques to steal online data and identities, but gave practical and hopeful advice on how to prevent much of that fraud, even as the people behind it keep raising their game.

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PYMNTS

NOVEMBER 10, 2020

Retail giant Target is collaborating with Ulta Beauty in a strategic partnership that will bring a shop-in-shop concept to 100 Target locations across the country, the companies announced in a press release on Tuesday (Nov. More than ever before, now is the time for innovation in retail,” said Ulta Beauty CEO Mary Dillon. .

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PYMNTS

JUNE 26, 2020

Microsoft is shuttering brick-and-mortar locations as it unveils a “strategic change” in the way it runs its retail business. We are grateful to our Microsoft Store customers and we look forward to continuing to serve them online and with our retail sales team at Microsoft corporate locations.”.

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PYMNTS

MAY 25, 2020

While it’s clear that the digital shift will stick in the retail ecosystem, other elements of the landscape are harder to predict. The stark fact is that retailers that can stay in business through what is basically a 90-day shutdown have access to a line of credit or receive substantial eCommerce business. No — it was the strategy.

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PYMNTS

JANUARY 14, 2020

Retail is about more than the products being sold or the technology being used. That change is being reflected at the NRF annual event commonly called “Retail’s Big Show,” which ends on Tuesday (Jan. Online shoppers are more or less on their own when it comes to selecting what they want based wholly on their own knowledge.

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PYMNTS

MARCH 19, 2018

Despite the nearly continuous drumbeat of doom and gloom from the world of physical retail, there is, according to Affirm CRO Rob Pfeifer, something of a curious side phenomenon unfolding at the same time: Online brands – famous and famously successful online brands – are branching out into physical retail.

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PYMNTS

JUNE 20, 2017

But there’s a lot of untapped potential in other verticals, particularly retail. Retail needs some help. Shopping online is cheaper and easier. And so is selling online: Based on activity, targeted offers and ads can be pitched directly at the consumer. Brick and mortar doesn’t have that luxury.

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OCTOBER 10, 2018

The retailer noted that, for instance, fragrances were “developed in partnership with master perfumers.” To market these items, Target is taking an omnichannel approach by offering them in-store and online for those who can’t make a Target run. And that is not an easy need for retailers to meet.

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MARCH 6, 2020

That’s the case with the new employment report from the Bureau of Labor Statistics, which showed that retail jobs held steady between January and February. Manufacturing, mining, wholesale and retail trade, and transportation and warehousing saw little change in employment for the month, the BLS said. Sometimes no news is good news.

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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.

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PYMNTS

AUGUST 3, 2017

Turns out Everlast, perhaps the marquee name in boxing equipment, was punching above its weight … at least when it came to the fight against online fraud. Picture an 107-year-old retail juggernaut, iconic in name but perhaps a bit dated in business processes, battling against online scammers, chargebacks and general inefficiencies.

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NOVEMBER 27, 2020

He’s creating online platforms to better digitally integrate the entire dermatological field — including the SkinStore, which is the operation’s commerce arm. He said some other doctors are using their sales proceeds to support residency training for dermatologists, or to help offset their costs during a pandemic.

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APRIL 25, 2019

Might Macy’s be a better landlord than retailer? have been hurt as shoppers make more purchases online, forcing retailers to think of ways to either downsize their footprints or repurpose their stores. The year got off to a bumpy start for the retail chain, as holiday sales slumped when they were supposed to soar.

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PYMNTS

APRIL 18, 2019

Customers can access the platform from home – literally rolling out of bed and joining their trainers online in minutes. Livekick delivers real-time personal training through video on devices ranging from phones to laptops and tablets, or streamed to a smart television. The Online Fitness Market.

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MAY 19, 2020

However, Facebook Shops allows them to put their catalogs online to make them viewable throughout all of Facebook’s various apps. And in the long haul, Zuckerberg noted that shops and other online shopping offerings could power additional ad sales. It said its goal was to assist firms “in this new and unsettling environment.”

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FEBRUARY 25, 2020

As Walmart aims to grow profits at its online shopping business and cut discord between units, the retailer is bringing together its store and eCommerce product-buying teams, The Wall Street Journal reported. The retailer is making six category teams, such as apparel, entertainment, food and consumables.

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APRIL 7, 2020

It’s easy to play Monday morning quarterback for the growth of online grocery. When consumers need essential items but get scared by a high-touch environment, it’s only natural for online numbers to spike. The prevailing data and wisdom at this point is that, yes, online grocery has spiked due to COVID-19.

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PYMNTS

OCTOBER 18, 2018

But imagine two long trains, those massive mechanical snakes, each of them gaining speed on the tracks. Rather, they will find a way to merge into a single track, their combined energy and mass creating a futuristic super train, one that keeps racing toward that horizon. 5G Retail Pitch. 5G Retail Pitch.

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Abrigo

MARCH 18, 2025

However, retail and wholesale payment systems are operated by public and private sector entities, which are responsible for communicating information about individual payment transactions and settling transactions. It is integrated directly into many financial institutions online banking systems. bank accounts.

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MARCH 2, 2020

s most high-profile retailers is doing well in the U.S. and another one is ready to open, both of them seeking a new market as their home turf sees retail struggles. s fastest growing brick-and-mortar retailer, Wren Kitchens. And also in training our retail staff to offer the customer a fantastic service.”.

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PYMNTS

DECEMBER 16, 2020

“Buy a car entirely online, and have it safely delivered, contact-free.” So goes the pitch at online car-buying platform Vroom , which is turning to artificial intelligence (AI) and machine learning (ML) to further accelerate the transformation of the used car business. Marketing Cars Online.

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PYMNTS

AUGUST 2, 2019

For years, it was thought that apparel, if not an eCommerce-proof area of retail, was at least an eCommerce-resistant one. For ultra-casual clothing, where fit isn’t a hugely important consideration and the price point is low enough, buying online was viewed as a reasonable option. About half of all U.S.

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PYMNTS

DECEMBER 14, 2020

There are less than two weeks until Christmas, and the retail industry, as per usual in 2020, finds itself in uncharted territory. And just weeks after they could open for limited business, malls and department stores are threatened with another nonessential retail shutdown as the virus surge rages on.

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PYMNTS

MARCH 20, 2019

Koopman and Karen Webster recently engaged in a discussion about how those gaps apply to a very specific but lucrative part of the retail landscape: the health and beauty product space. That is a major gap, and speaks to the potential — and very real — lack of progress when it comes to innovating in a typically revenue-rewarding retail task.

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