PYMNTS

JANUARY 15, 2021

The holiday shopping season is the most wonderful time of the year for the retail industry. Brick-and-mortar merchants and online retailers alike often rely on end-of-year sales to generate up to 40 percent of their annual revenues and start the new year on a positive note. A notable $730 billion in U.S. A notable $730 billion in U.S.

Retail 63

Retail Leverage eCommerce Securities 63

PYMNTS

OCTOBER 31, 2018

However, AR is now rewriting the rules of the retail game. A growing number of retailers are leveraging the technology to entice customers with a “try before you buy” shopping experience, having already been adopted by several big names in retail, including the likes of Walmart and Target.

Retail 69

Retail Leverage Technology Numbers 69

PYMNTS

JUNE 14, 2019

A number of retailers have recently seen a surge in eCommerce sales. Now, it’s easier in some ways to be a late mover,” in retailing online, Sucharita Kodali, a retail analyst at Forrester Research, said in an interview, according to CNBC. percent increase.

eCommerce 59

eCommerce Retail Sales Leverage 59

PYMNTS

JANUARY 10, 2020

Coffee retailers are tapping into digital technology that helps them grow their reach beyond their stores, especially in China, where competition has been brewing between Chinese coffee chain Luckin Coffee and Starbucks. The company said it believes the store count makes it China’s biggest coffee chain by “number of stores” in the country.

Retail 52

Retail Sales eCommerce Forecasting 52

PYMNTS

MAY 27, 2020

retail reopening. Most reports of mall reopenings and other retail post-pandemic debuts in the U.S. The station also reported that retailers who did see crowds followed strict guidelines. Employees wore masks and allowed only a limited number of customers in the store. Revenge shopping will not be a factor in the U.S.

Retail 57

Retail Communication Leverage eCommerce 57

PYMNTS

JUNE 24, 2019

Retailers are getting smarter about artificial intelligence (AI), and the latest example of that innovative effort comes from Walmart. According to a new report , the retail chain, hoping to reduce checkout theft, is turning to cameras powered by AI, with deployments underway in some 1,000 stores.

Retail 73

Retail Leverage Technology Investments 73

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. This has become an irreversible trend,” he said. For example, in the U.K., percent.

Retail 55

Retail Transportation Leverage Currencies 55

PYMNTS

JUNE 4, 2020

Online commerce has soared during the pandemic, prompting retailers of all types and sizes to leverage how they use digital channels to bring back customers while a full return to physical retail remains months away. But the biggest innovations are coming to online retail. While only 10.3

Retail 52

Retail Sales Communication Leverage 52

PYMNTS

NOVEMBER 16, 2020

49% : Share of North American banks that leverage digital verification methods for onboarding. 6.2B : Minimum number of digital ID apps expected to be in use by 2025. 74% : Share by which Walmart’s U.S. eCommerce sales increased year over year in the first quarter. 31.9M : Net income that Dillard’s posted for Q3.

Technology 62

Technology Retail Advertising eCommerce 62

PYMNTS

MAY 19, 2020

The results reversed a trend from last quarter, where the chain was one of many physical retailers facing a tepid holiday season that missed analyst expectations for sales, comparable-sales growth and earnings across the board. But things have reversed dramatically for the retailer amid the COVID-19 pandemic. percent to $134.6

Retail 88

Retail Restructuring CFO eCommerce 88

PYMNTS

JANUARY 12, 2017

The last five days have seen numbers bouncing around between $790 and $800. While not quite back up to last October’s highs, these numbers are nothing to scoff at. Amazon’s retail app saw an average of over 65 million unique monthly users in 2016, a year-on-year growth of 43 percent — making Amazon the top-growing app of the year.

Numbers 40

Numbers Retail Leverage Startups 40

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. But it’s more than that.

Retail 69

Retail Sales Investments Budgeting 69

PYMNTS

JUNE 12, 2017

Zooz pulls data from all of a merchant’s financial solutions and third-party integrations into one central, easily visible portal, which has a number of benefits. PYMNTS: Can you show me some data or proof points on how the company has helped retailers? PYMNTS: Can you give me some personnel growth numbers?

Leverage 54

Leverage Startups Retail Currencies 54

PYMNTS

SEPTEMBER 30, 2019

The original 10-person team settled on leveraging augmented reality (AR) into an app that could help would-be creators to create. Katav also noted that the startup is in the process of finalizing deals with two of the country’s biggest arts and crafts retailers, though their identities remain unknown.

Numbers 43

Numbers Leverage Startups Retail 43

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. There’s a specialty food movement in Brooklyn, and a number of incubators to develop products. The number goes up and down,” she said.

Retail 60

Retail eCommerce Planning Leverage 60

PYMNTS

NOVEMBER 25, 2016

As Reuters reported headed into the holiday weekend, loan investors are eyeing shopping traffic and spending as a number of retailers in which they have invested face headwinds. percent this month and next, as predicted by the National Retail Federation, leverage is a tough thing to shake.

Retail 51

Retail Leverage Sales Investments 51

PYMNTS

MAY 13, 2019

In the unattended retail space, vending operators are also becoming more aware of the shifting behaviors of their shoppers and the need for swift and digital payment options. That smaller size opens up whole new markets, and gains access to spaces that have never had a retail experience [as] a part of it.”.

Retail 71

Retail Marketing Communication Forecasting 71

PYMNTS

JULY 12, 2016

For years, retailers have lamented the fact that mobile traffic so rarely translates in equal numbers to in-store traffic. An entire industry has even sprung up around leveraging digital engagement into visits to brick-and-mortar store fronts.

Retail 47

Retail Leverage Numbers 47

PYMNTS

NOVEMBER 18, 2016

18), which revealed the ongoing risk retailers face of coordinated and sustained fraud losses. We’re heading into our second holiday season with more retailers EMV ready, which means CNP fraud becomes a lot more attractive to organized and tech-savvy criminals. Retailers can approve up to 98.59

Retail 66

Retail Entertainment eCommerce Leverage 66

PYMNTS

JULY 23, 2019

Meanwhile, around the world, a number of financial players have been working to smooth transitions to real-time payment rails for businesses and consumers alike. Truckers play an important role in shuttling deliveries across country to retailers and merchants, handling 71 percent of the freight tonnage moved in America in 2017.

Retail 52

Retail Invoicing Leverage Banking 52

PYMNTS

NOVEMBER 26, 2020

Many banks, utility companies and government agencies have been leveraging two-factor authentication (2FA) for several years. A study found that businesses and other organizations could prevent roughly 80 percent of data breaches by leveraging 2FA. Leveraging phone-based verification.

Securities 69

Securities Leverage Retail Numbers 69

PYMNTS

DECEMBER 26, 2019

But before we shut the door on 2019, it bears taking a moment to note how much the world of retail has changed in the last year, a fitting capstone on a decade that has seen retail as the American consumer commonly knew it taken to the ground and rebuilt nearly from the foundations. Lesson 1: Think Big . “We

Retail 54

Retail Communication Leverage Numbers 54

CFO News Room

DECEMBER 21, 2022

For consumer brands doing business in China, no date on the retail calendar carries more weight than November 11, also known as Singles’ Day. Today, the event is the pinnacle of the global retail calendar, with over 290,000 brands offering 17 million products to over 1 billion annual active consumers across Alibaba’s ecosystem this year.

Sales 100

Sales Benchmarking Entertainment Retail 100

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. Much of the challenge of retail over the past half year, the panel agreed, has been in responding to shifting consumer preferences that aren’t always predictable.

Leverage 100

Leverage Retail Sales Economics 100

PYMNTS

NOVEMBER 20, 2017

In the course of just three days, we’ve gone from Walmart the slumbering retail giant to Walmart the savvy retailer that’s now Amazon’s number one rival — one that’s even making Amazon sweat — well-positioned to challenge Amazon ’s retail rampage. Of course, the Amazon/Walmart rivalry has always made for good media sport.

Retail 54

Retail Math Leverage Economics 54

PYMNTS

APRIL 12, 2017

The need for online retailers and brands to be vigilant in the face of fraud becomes more pressing by the day — but additional authentication measures can create friction on the consumer’s end, which has a nasty habit of reducing conversion rates. We return back to retailers a risk indicator — high, medium or low,” Bonin said. “If

Retail 46

Retail Leverage Accounting eCommerce 46

PYMNTS

APRIL 24, 2018

It’s time for retailers to stop looking at brick-and-mortar like it’s dying. Traditional retail is changing, it’s true – and that has manifested as a fair amount of growing pains – but the perception that physical retail is a sinking ship may be leading merchants astray. tour in a vintage airstream turned pop-up store.

Retail 62

Retail eCommerce Leverage Planning 62

PYMNTS

SEPTEMBER 27, 2017

RIP retail. In a recent whitepaper, the firm noted that brick-and-mortar retailers face — and certainly feel — more pressure than ever to keep stores humming as centers of commerce. After all, over 90 percent of retail sales are still done in physical stores. Where Amazon treads, retailers tremble. Or, maybe not.

Retail 41

Retail eCommerce Education Technology 41

Future CFO

FEBRUARY 25, 2024

This is what Elif Kuralay , Retail & CP Industry Advisor at SAP , points out, saying that the right decision-making from CFOs paves way for continuous investments in growth platforms such as new sales channels, new business models, store modernisation, marketing and developing people.

CFO 52

CFO SAP Finance Cash Management 52

PYMNTS

NOVEMBER 24, 2020

Retailers, in particular, are wary of adopting 2FA because of the frictions the method can present, and their fears are not without merit. Many FIs and businesses are relying on 2FA measures that leverage SMS — or text message-based — verification to cater to a growing number of consumers who are using mobile channels to transact.

Sales 108

Sales Leverage Securities Banking 108

PYMNTS

JANUARY 8, 2021

The year 2020 meant big changes for retailers that had primarily defined themselves by physical interaction as brick-and-mortar merchants were forced to adapt to an eCommerce-focused world as their best option for holding on to their now homebound customer base. SMBS Outpaced Top Retailers When It Came To Innovation Adoption .

eCommerce 104

eCommerce Problem Solving Retail Leverage 104

PYMNTS

AUGUST 16, 2017

More human and less robotic is the sound of the beating retail drum this year. To provide more human-like responses, cognitive computing is key, and the retail industry is taking note. Retail executives are increasingly more confident in the use of artificial intelligence and natural language processing.

Retail 44

Retail Leverage Technology Securities 44

PYMNTS

SEPTEMBER 30, 2020

Dramatic shifts are underway in the retail sector as it adjusts to consumers’ increasingly digital preferences. These retailers are accustomed to engaging with their customers in brick-and-mortar stores and building long-lasting relationships that lead to brand loyalty. Around The Buy Now, Pay Later World.

Planning 111

Planning eCommerce Retail Leverage 111

PYMNTS

APRIL 29, 2016

It’s a new fact of retail that consumers want shipping as fast as possible for as little cost as possible. Often, that translates to “now” and “free,” despite the reality that few merchants outside of giants like Amazon can make the numbers work.

Retail 40

Retail Leverage Numbers Marketing 40

PYMNTS

JANUARY 20, 2017

As retail pushes further into online spaces, many marketers and merchants alike are focused on clicks and open rates to measure the success of campaigns and consumer outreach, said Matt Williamson, cofounder and CEO of Windsor Circle. based company takes a different, data analytics approach to online retail marketing.

Retail 49

Retail Advertising Marketing Leverage 49

PYMNTS

AUGUST 11, 2016

The term “ Internet of Things ” has become a big buzzword in business lately, but what exactly is it and why might it shape the future of the retail industry? It also offers tons of opportunities for retailers who know how to take advantage of it. But the rapidly expanding Internet of Things (IoT) is changing that.

Retail 50

Retail Financial Analyst Sales Leverage 50

PYMNTS

AUGUST 3, 2016

We all know — and keep hearing almost ad nauseam — all about how the rise of online shopping is changing the very face of the retail industry and consumer habits. But what is that “changing face of retail” actually going to look like in a few years? Will consumers still shop at brick-and-mortar stores?

Retail 43

Retail Forecasting Communication Leverage 43