PYMNTS

DECEMBER 26, 2018

On the shoe front, both Nikes and Louboutin heels were returned at a much higher than average rate with tags still on, in the box and never worn. And now, according to James Reinhart, thredUP’s co-founder and CEO, the company is ready to put that data to work as it makes the next big leap forward in its corporate evolution.

Manufacturing 44

Manufacturing Leverage Retail 44

PYMNTS

JANUARY 9, 2020

Time, and a big assist from the blizzard of 1978, eventually turned consumer preferences around. The habit is so tightly ingrained in American consumers that they walk in and start scanning those red sales tags before they are even consciously looking for the items they are there to buy. particularly in the grocery market.

Retail 53

Retail Technology Sales Communication 53

PYMNTS

JUNE 14, 2016

Weighing in on Amazon search interest data collected from Google, Piper Jaffray analyst Gene Munster , who is ranked No. 6, put a $800 price tag on Amazon’s share value, CNBC reported. According to our analysis of Google trends search data, Amazon’s unit growth should show almost no deceleration during the Jun-16 quarter.

eCommerce 40

eCommerce Sales Retail Investments 40

PYMNTS

OCTOBER 9, 2019

Social media is taking a lot of fire these days, whether the issue is “fake news” or data privacy or just the time-wasting tendencies of many users. The feature is available through just-added stickers in Instagram Stories and tags in a person’s feed, and can be set with details like the date and product details.

Retail 47

Retail eCommerce Sales Marketing 47

PYMNTS

SEPTEMBER 30, 2019

According to new data out from AlixPartners cited by RetailDive , only 31 percent of consumers are planning to spend the same or more than they did in 2018. That figure is compounded by data that indicated fewer consumers are reporting stronger financial health than 12 months ago and fewer believing the economy is still improving. “We

Budgeting 43

Budgeting Retail Planning 43

PYMNTS

JUNE 14, 2019

The tags can also function as anti-theft devices.)”. apparel retailers — with data and lessons about its fledging effort a ways off. year — that includes at big outdoor music fests, via concert ticketing and purchasing wristbands with RFID. Treasure Hunt. Concert Commerce. It’s much broader than that.”

Retail 61

Retail Sales Technology eCommerce 61

PYMNTS

APRIL 16, 2020

Unfortunately, he added, data is already rolling in that indicates it will also be an opportunity for fraudsters and cybercriminals looking to take advantage of a target-rich field. When Ekata talked to acquirers and processors in the field in Europe, Kakkar said, they came across two very curious data points.

Risk Analysis 68

Risk Analysis eCommerce Securities Leverage 68

PYMNTS

AUGUST 14, 2018

In addition, shoppers can find products by scanning their price tags, allowing them to check size and color options. The fashion retailer is using algorithms to gain insights from returns, receipts and data from loyalty cards to improve its bottom lines, according to Retail Dive.

eCommerce 40

eCommerce Retail Sales Technology 40

PYMNTS

AUGUST 29, 2020

But just because robot servants are unlikely to be part of our lives in the near future doesn’t mean they won’t soon make a big difference in the average consumer’s life. Fluffy and Spot travel the plant and gather data that can be synthesized into improvements in the production process, according to The Economist.

Manufacturing 95

Manufacturing Technology Retail Numbers 95

PYMNTS

APRIL 24, 2018

But providing same-day delivery means getting goods out of warehouses as fast as possible — and the current warehouse labor shortage makes that a big challenge. Some companies try to beef up slim workforces by adding conveyor belts and other large-scale, fixed-in-place automation to help move products.

eCommerce 79

eCommerce Transportation Securities Manufacturing 79

PYMNTS

JULY 10, 2017

If the Data Dive can be said to have a theme this past week, that theme would be mobile. One was a big deal – literally…. Worldpay: OK, we all know the price tag by now: $9.9 But in this case the Data Dive dives into something a bit more sobering. And as part of that hack, 30,000 customers had data compromised.

eCommerce 46

eCommerce Numbers Sales 46

PYMNTS

AUGUST 15, 2019

Nomura estimates a price tag of $350 per consumer in terms of acquisition costs, which means breakeven is several years away. As a new entrant, Goldman Sachs does not have the historical data or experience that lenders obtain when underwriting through a credit cycle,” the report reads.

Profit and Loss 59

Profit and Loss Economics Banking Accounting 59

PYMNTS

JANUARY 10, 2017

The process is one of sense, analyze and act, said Kanniganti, adding that the Zebra SmartSense combination of ultra-high-frequency radio frequency identification (RFID), video and microlocation tagging acts as a “platform for retailers … with a big picture view of what matters to retailers.”. “We

Manufacturing 69

Manufacturing Retail Technology Sales 69

PYMNTS

JULY 9, 2016

We at PYMNTS are big fans of fun, though we are inherently suspicious of things we cannot numerically quantify or track. We applaud The Times’ efforts to reduce the fun of summer to quantifiable units, but there are two big problems with letting the cost of summer go at $16 billion. First, the data is old and needs some updating.

Budgeting 40

Budgeting Planning 40

PYMNTS

JUNE 26, 2018

In fact, the data shows that the more customers experience commerce in context, the more they like it and the more they spend. The enthusiasm is undeniable, which means the opportunity is big for the platforms most able to harness it — and turn it into increased conversions. Last year, we launched shopping on Instagram in the U.S.

Planning 44

Planning Accounting Retail Marketing 44

PYMNTS

MARCH 2, 2019

Counterfeiting of everything from makeup to clothes to prescription drugs to household cleaning products is a big business – worth between $1.2 It’s a big problem, which is why this week, Amazon announced that it is stepping up its game in an attempt to wipe the phonies and fakers from its platform – and keep them off.

Manufacturing 67

Manufacturing eCommerce Retail Technology 67

PYMNTS

DECEMBER 7, 2016

All of the big players in the app-tech industry have built their platforms to optimize and measure how many clicks are generated by digital advertising,” said Fidzup Cofounder and CEO Olivier Magnan-Saurin. “We All of this data was lost. Retail performance mobile marketing expert Fidzup recently announced it raised $3.7

Marketing 70

Marketing Advertising Retail Investments 70

PYMNTS

MARCH 17, 2017

Already, retailers like Converse, De Beers and Wayfair, among other big brands, have embraced the new technology. Besecker noted that because Marxent’s partners often deal in big-ticket items, these purchases are not just costly, but likely to remain in a customer’s life for years, if not decades. Giving Customers the Perfect Preview.

Retail 41

Retail Manufacturing Sales Technology 41

PYMNTS

APRIL 18, 2017

Most of those businesses, the report goes on, do not even have basic security measures to protect consumer data — only 24 percent of U.K. Firms need to be mindful of the extension to data protection regulation coming into force next year, which will increase their responsibilities and requirements to protect personal data.

Securities 41

Securities Financial Data Finance Banking 41

PYMNTS

JULY 5, 2018

The company gained a higher profile on Thursday (July 5) via an article about it in The New York Times , and that is all but certain to inject fresh energy into the ongoing debates about consumer privacy and data security. Consumers must give Samba permission to track that data, but about 90 percent of consumers do so.

Marketing 44

Marketing Manufacturing Entertainment Technology 44

PYMNTS

APRIL 26, 2018

Instead of relying purely on cameras and sensors to determine what users place in their shopping carts and then auto-charging them through their Amazon payments account when they walk out the door, BingoBox’s items come embedded with a radio-frequency identification (RFID) tag.

Retail 41

Retail Startups Planning Investments 41

PYMNTS

APRIL 20, 2016

Just in case New York’s primary results didn’t overload those brains with too many numbers to crunch — here at PYMNTS we decided everyone needed another dose of daily data. And we’ve got plenty of it, so here’s just a small taste.

Manufacturing 40

Manufacturing Numbers Retail Banking 40

PYMNTS

JULY 10, 2018

At the beginning, she was hand-tagging all the thousands of images on the site (algorithms have mostly taken that on, though all things are reviewed by human eyes before being uploaded). It’s the capacity every serious fashionista needs, according to Van Houtte, because the human mind can only hold on to so much data at once.

Advertising 76

Advertising eCommerce Investments Planning 76

PYMNTS

JANUARY 6, 2020

We are aiming to disrupt this industry because it is really broken, and you can see that with the big-name players like David’s really suffering financially,” she said. “We That data has been instrumental in educating its AI for the dress-building process.

Construction 64

Construction Entertainment Education Technology 64

PYMNTS

OCTOBER 16, 2018

They also include earmarked controls that allow producers to tag and reconcile purchases made for a particular project. The company’s projects vary widely in terms of time and budget by month and client, meaning this data can determine which yield the most value, in addition to how much Sparkhouse spent on supplies, food or materials.

Reconciliations 46

Reconciliations Budgeting Entertainment Advertising 46

PYMNTS

JULY 6, 2018

It compiles information from these sensors with consumer data from the store or its supplier partners to identify fine-grained customer segments, such as “shoppers with two children and a preference for sweets” or those who always purchase organic produce. Grocers also tend to have slim operating margins, making investment in new tech risky.

Sales 52

Sales Retail Leverage Data Analysis 52

PYMNTS

JUNE 19, 2020

Big News Of The Week: Mr. Bezos Is Going To Washington . Kelner noted that this “includes making Jeff Bezos available to testify at a hearing with the other [Big Tech] CEOs this summer.”. On June 22, shoppers will reportedly have the big Amazon sale to look forward to. The latest developments: Amazon .

Securities 56

Securities Healthcare Sales eCommerce 56

PYMNTS

APRIL 22, 2016

Think big” says CapGemini, but that exhortation rings out with little response. The affordability goes beyond the price tag. But as to the price tag: Valuations are coming down, and though still lofty, could get to the point where traditional banks would want to, and even feel compelled to, pull the trigger.

Banking 41

Banking Valuation Currencies Technology 41

Planful

DECEMBER 1, 2020

But progressive HR teams are taking a collaborative, people-first approach that uses data and insights to their advantage. FP&A team’s need for agility, responsiveness, and real-time access to data were critical to business survival. Another area where Fall20 makes big advancements is in reporting.

Forecasting 40

Forecasting Planning Numbers Sales 40

PYMNTS

OCTOBER 24, 2019

According to new data from AlixPartners cited by RetailDive , only 31 percent of consumers are planning to spend the same or more than they did in 2018. That figure is compounded by data that indicated fewer consumers are reporting stronger financial health than 12 months ago and that fewer believe the economy is still improving. “We

Retail 40

Retail Advertising Budgeting Sales 40

PYMNTS

FEBRUARY 21, 2017

Understanding the consumer is key for retailers, and leveraging Big Data can mean big returns on marketing investments. The company now takes into account offline data — such as in-store purchases and returns — and uses its system to customize website advertisements, as well as those in email.

B2C 41

B2C Leverage Retail Advertising 41

PYMNTS

DECEMBER 6, 2018

When Kohl’s decided to bring Amazon into its store locations about a year ago, many commentators wondered if the brand had made a big mistake. The big idea is that this is teaching us to think differently,” Gass noted in a recent interview.

Retail 43

Retail eCommerce Sales Numbers 43

PYMNTS

JUNE 13, 2018

New data from Greenwich Associates put a price tag on that effort: According to Bloomberg reports Tuesday (June 12), the financial services market spends an estimated $1.7 Even as big money and big names fuel the blockchain hype, waves of doubt continue to crash on blockchain’s shores.

Planning 44

Planning Budgeting Technology Banking 44

PYMNTS

OCTOBER 30, 2018

As a refresher, and as has been seen by PYMNTS, it should be noted that the data is available for AI platforms to adopt and adapt, to bring robo-advisors to consumers, along with the “wow” factor of anticipating what users want and need. Context In Context. Adjaoute gave an example. It’s all about context.

Concentration 64

Concentration Technology Banking Securities 64

PYMNTS

MAY 6, 2019

That is what the latest data from analytics firm Ghost Data strongly indicated, anyway, as its survey of the site has found it is becoming one of the internet’s favorite breeding grounds for the illegal sale of counterfeit fashion items. Global counterfeiting is a big business, worth about $1.2 trillion every year.

eCommerce 49

eCommerce Sales Accounting Investments 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 used to be that retailers collected most of their consumer data at the point of sale. the Things) is a part of the Internet of Things.

Retail 50

Retail Financial Analyst Sales Leverage 50

PYMNTS

APRIL 1, 2019

Harris and Co-founder Max Blumenfeld hail from Affirm, where the duo helped build the company’s risk operations — and where Harris, as a data science manager, gleaned first-hand knowledge of synthetic fraud. What It Is And How Much It Costs. To fight a battle, it helps to know a bit about the opponent. Flavors Of Fraud.

Construction 73

Construction Numbers Concentration Securities 73