PYMNTS

JANUARY 31, 2020

Macy’s is planning to test a new kind of store with a focus on apothecary and beauty products, which could lead to more locations in the future, according to reports. Beauty is considered to be one of today’s fastest-growing retail operations, even more so than its apparel business. They were down 0.6

Retail 43

Retail Sales Planning Marketing 43

PYMNTS

OCTOBER 9, 2019

Regulation might be in the future. But social media is also driving retail innovation, and those trends are going to help shape commerce in the all-important fourth quarter and beyond into the 2020s. One recent example of the intersection of social media and retail comes from Facebook-owned Instagram.

Retail 47

Retail eCommerce Sales Marketing 47

PYMNTS

MAY 18, 2020

Stimulus checks are being saved, not spent, as the future economic uncertainty looms. percent — said they do not plan to do any of those activities offline in the future. percent of the 12,000 consumers we studied say that they are shifting the retail spend once done in physical stores, to digital channels.

Retail 73

Retail Economics Sales Planning 73

PYMNTS

FEBRUARY 23, 2017

If you’ve ever watched a sci-fi movie set in the future, then you may know that pop culture has long fantasized of an automated future. . And it isn’t just retailers who are embracing unattended and self-service solutions. Yes, the future may well be upon us. Protecting unattended purchases. Download The Tracker.

Retail 51

Retail Technology 51

PYMNTS

DECEMBER 7, 2016

Retail performance mobile marketing expert Fidzup recently announced it raised $3.7 But when you speak to physical retailers, a click doesn’t generate any value. It doesn’t mean a visit for physical retailers.” What brick-and-mortar retailers are really interested in are sales and physical store visits. “We

Marketing 70

Marketing Advertising Retail Investments 70

PYMNTS

FEBRUARY 18, 2019

In an attempt to lower its reliance on the iPhone, Apple is overhauling its leadership ranks and changing its priorities so that it is focused more on services, artificial intelligence, hardware and retail, reported The Wall Street Journal. Apple’s moves come at a time when demand for its iPhones is starting to slow.

Leadership 65

Leadership Technology Accounting Retail 65

PYMNTS

SEPTEMBER 30, 2019

It looks like tariff worries could take a bite out of retail spending this holiday season. We saw a dramatic drop-off in consumer sentiment and future outlook in this year’s survey,” Roshan Varma, a director in the retail practice at AlixPartners and a co-author of the study, said in a statement.

Budgeting 43

Budgeting Retail Planning 43

PYMNTS

MARCH 28, 2016

And it’s that exact legacy that may have some retailers rejoicing and Adobe’s competitors fretting that it’s now entering the battle for in-store marketing supremacy. As customers place items also equipped with RFID tags into the bag, those potential purchases are immediately registered to a central system.

Entertainment 40

Entertainment Retail Startups Marketing 40

PYMNTS

MAY 10, 2018

The new design moves the company’s wordmark outside the giant yellow tag, making it a less noticeable part of the layout, The Verge reported. The updated logo is true to our heritage, but it’s really cleaned up,” Best Buy Chief Marketing Officer Whit Alexander said in an article on the retailer’s website.

Retail 40

Retail Planning Marketing 40

PYMNTS

MAY 3, 2018

In the future, Instagram said it would allow users to pay for items such as movie tickets. In 2016, Instagram rolled out shoppable tags on photos from as many as 20 retail brands. A spokesperson for Instagram told TechCrunch that users can now make payments to a limited number of businesses, such as restaurants and salons.

eCommerce 42

eCommerce Securities Retail Numbers 42

PYMNTS

JULY 31, 2017

As Visa works with its clients to bring the future of digital payments to the market, their deep domain expertise and experience in the market will be an important addition to our capabilities.”. She played a similar role for high-end retail chain TAG Heuer during its early days in India, and previously worked for cosmetics brand L’Oreal.

Leadership 40

Leadership Retail Marketing Banking 40

PYMNTS

OCTOBER 24, 2019

Yes, the holiday shopping season is gearing up – that time when retail needs to prove itself once more. Retailers are certainly in the swing of things. The retailer is advertising deals for the season “earlier than ever” and will begin rolling them out on Friday (Oct. 25), CNBC reported.

Retail 40

Retail Advertising Budgeting Sales 40

PYMNTS

FEBRUARY 19, 2018

Across the industry, from carmakers and road regulators to bike share programs, companies are looking to unattended retail tech to improve efficiency and unlock new revenue opportunities. Worldwide happenings in Unattended Retail. Government agencies regulating the roads want to get their hands on unattended retail technology as well.

Transportation 43

Transportation Retail Technology Sales 43

PYMNTS

APRIL 26, 2018

Amazon announced its plan to build a totally unattended retail store in early 2017, but there was something of a gap between the announcement of the company’s plan for a sensor-based, cashier-less shopping experience here in the United States and its actual rollout in late January of this year.

Retail 41

Retail Startups Planning Investments 41

PYMNTS

APRIL 20, 2016

Today’s 5-In-1 has the latest numbers from Google about sites being hacked, some pretty big price tag potential for the future of unattended retail, the latest figures from the CFPB about hidden payday lending fees, what the EU is accusing Google of, and numbers that show the impact of Amazon’s latest fashion tie up.

Manufacturing 40

Manufacturing Numbers Retail Banking 40

PYMNTS

DECEMBER 12, 2018

For shoppers who rely on smartphones, the “face” of the modern retailer is becoming its mobile website and app. Retailers from Kroger to Starbucks , as well as Shell , Dollar General and Macy’s , are rolling out their own mobile apps with smartphone-based payment options to meet the needs of the connected consumer.

Retail 52

Retail Advertising Technology Securities 52

PYMNTS

AUGUST 21, 2017

From thredUP to The RealReal , Tradesy and SnobSwap , every retail segment out there today seems to be looking for some sort of deal on discounted items, especially clothes. These second-hand retail options have become so popular that there is now an entire day dedicated to celebrating them: National Thrift Store Day.

Retail 41

Retail Sales eCommerce Planning 41

PYMNTS

OCTOBER 9, 2018

In an interview with PYMNTS, ToneTag CEO and Co-founder Kumar Abhishek said the use of sound-based payments helps solve a problem faced by retailers and their customers, who are used to dealing in cash: They have “to struggle to find the exact change to complete a transaction.”.

Communication 60

Communication Transportation Retail B2B 60

PYMNTS

AUGUST 21, 2018

And, as it turns out, this variation of fashion is not totally out-of-step with how retailers are presenting themselves to consumer these days, as “ try before you buy ” has become increasingly popular. Retailers are adopting new processes to make returns easier, as they know how important this is to customers.”

Retail 42

Retail Sales Numbers 42

PYMNTS

OCTOBER 18, 2018

But Olivela Founder Stacey Boyd thought that perhaps it could be, and that retail philanthropy could have a future, if consumers could purchase things they really wanted – and could rest assured that what they were buying was not only enriching their own life, but the lives of others. So can shopping make the world a better place?

Education 51

Education eCommerce Retail Planning 51

PYMNTS

OCTOBER 26, 2018

Eighty-seven percent of pinners note that they have purchased a product because of Pinterest and about 93 percent report using it to plan future purchases. And they use Pinterest to guide their shopping, both indirectly — 72 percent report using Pinterest to determine what they purchase offline — and more directly.

Advertising 67

Advertising Retail Investments Planning 67

PYMNTS

NOVEMBER 20, 2017

Trials with Bluetooth beacons in stores demonstrated what any consumer probably could have told retailers for free: People don’t want to be bombarded with notifications and deals. The future,” said Hobsbawm, “is in more sophisticated ecosystem integrations. BornDigital.

Technology 44

Technology Retail Investments Marketing 44

PYMNTS

NOVEMBER 23, 2018

Even people without a mind for business remember that motto as one of the guiding principles of retail and other forms of commerce — absorbed, perhaps, in a high school class or via any number of articles, TV shows, commercials or bits of pop culture that have riffed on that theme. Location , location, location. Instagram Role. Less Friction.

eCommerce 65

eCommerce Entertainment Retail Numbers 65

PYMNTS

DECEMBER 6, 2018

Given the “Amazon effect” that has blown through retail like a cold wind over the last decade or so, many speculated that the Kohl’s attempt to boost foot traffic was about to go down in history as inviting the fox to guard the henhouse. “This is the quintessential Kohl’s shopper we want to see in the future,” she said.

Retail 43

Retail eCommerce Sales Numbers 43

PYMNTS

DECEMBER 15, 2020

Currently rated 3-stars by users and tagged as the “#1 Best Seller” in Amazon’s formidable stable of wearable tech, the world’s largest online retailer is clearly moving units of Halo out the door. “If

Healthcare 66

Healthcare Advertising Manufacturing Leverage 66

PYMNTS

NOVEMBER 27, 2018

While manufacturers make might products ranging from luxury handbags to jackets, they may only get paid a small percentage of the final retail price for those items. That is, a manufacturer might have a cost of goods sold of $16 and sell it to a brand for $20, which, in turn, might sell it for that $100 price tag. “In

Manufacturing 51

Manufacturing Sales eCommerce Retail 51

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

FEBRUARY 20, 2018

As a possible solution to improve the public service struggle, the state of California has been exploring — and finding success with — unattended retail technology for nearly a decade. But customers wanted that license plate or tag immediately, so they came into the office. The unattended future of the DMV. About the Tracker.

Retail 40

Retail Manufacturing Communication Technology 40

PYMNTS

MARCH 2, 2019

The problem was, she couldn’t find her size in the style she wanted on the Canada Goose website, or on other retailers’ sites. And besides, if she died before getting her money’s worth, she could bequeath the coat to her eldest daughter. So Copaken did what everyone does when they want to buy something online: She went to Amazon.

Manufacturing 67

Manufacturing eCommerce Retail Technology 67

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

PYMNTS

JANUARY 8, 2019

The retailer plans to pilot technology products using Microsoft’s Azure platform at two stores, one in Ohio and one in Washington. Microsoft CEO Satya Nadella said the companies would “redefine the shopping experience for millions of customers at both Kroger and other retailers around the world.”.

Analyzing Data 43

Analyzing Data Technology Advertising Retail 43

PYMNTS

JUNE 24, 2016

Beyond the price tag, there are real human costs in terms of overall patient health and lives put at risk. The electronic prescription is forwarded over to a retail pharmacy and then, via a closed-loop HIPAA-secure messaging protocol — loops in the patient to be sure that he or she has picked up the drug according to the medical protocol.

Problem Solving 40

Problem Solving Securities Numbers Retail 40

PYMNTS

OCTOBER 5, 2018

Despite that fact, however, eight of the retailer’s top 10 best-selling brands are Revolve private label, which according to its latest SEC filing provide 27 percent of the firm’s revenue. It’s been described as a “fancy price tag,” particularly for an eCommerce up-and-comer most people have never heard of.

Leverage 54

Leverage eCommerce Valuation Retail 54

PYMNTS

SEPTEMBER 13, 2017

Although the $1,000 price tag was anticipated and expected, it was nearly universally commented upon, as it officially makes Apple the price leader in its category (by about $50, as the latest and greatest from Samsung clocks in with a $950 price tag). Apple Retail: Embracing The Town Square. percent.

Retail 41

Retail Advertising Forecasting Numbers 41

PYMNTS

JANUARY 16, 2019

And, generally speaking, they’re buying big — in terms of both the number of items they buy and the price tags on those items. The Resetting Retail Landscape. But as goes physical retail, so go physical design centers: busy interior designers don’t have the time to visit multiple design centers to find what they need.

eCommerce 56

eCommerce Retail Startups Marketing 56

PYMNTS

MAY 16, 2017

To help bring high-end pieces of furniture to the public without having an out-of-reach price tag, the company works directly with two factories to help build on-demand custom sofas. One company that’s helping to move the ball for many living in various space sizes is startup on-demand furniture company Interior Define, based out of Chicago.

eCommerce 46

eCommerce Manufacturing Startups Planning 46

PYMNTS

MAY 25, 2016

Andy Warhol predicted that, “in the future, everyone will be world-famous for 15 minutes.” Of course, one excitable Star Wars fan uploading a video of her Chewbacca-fied self isn’t retailers’ ideal conception of contextual commerce , but as the landscape stands now, it might be what they should aim for.

Retail 40

Retail Sales Accounting 40