PYMNTS

AUGUST 2, 2019

Mastercard has teamed up with retailer Fred Segal Sunset and Made to sell limited-edition products that showcase female artists and designers, as well as demonstrate Mastercard’s blockchain-based Provenance solution, which illustrates the journey of a product from start to store. billion in counterfeit online sales.

Leverage 57

Leverage Retail Technology Sales 57

PYMNTS

SEPTEMBER 4, 2020

Still, the online vacation rental marketplace has not ruled out a merger with Ackman’s Pershing Square Tontine Holdings Ltd. New Data: How Online Merchants Build Consumer Trust In The Digital 3.0 So how can retailers catch the eye of eCommerce shoppers spoiled for choice? Trackers and Reports. as the pandemic rocked the country.

Banking 70

Banking Retail eCommerce Leverage 70

PYMNTS

FEBRUARY 2, 2021

The conversation came against the backdrop where i2c announced a partnership with TAG, to launch a super app that provides instant payments capability to Pakistan’s unbanked adult population, which at present numbers about 100 million individuals. It will happen.”.

eCommerce 94

eCommerce Compliance Numbers Currencies 94

PYMNTS

SEPTEMBER 19, 2019

Apparel used to be mostly a brick-and-mortar retail experience, but that has changed drastically over the last few years – and has been one of the main innovations when it comes to commerce related to the clothes we wear. But at this point, it is also mostly table stakes in the race to bring apparel retail online. Better Fit.

Retail 54

Retail Numbers Technology Planning 54

PYMNTS

NOVEMBER 8, 2019

H&M is trying to prevent the online resale of its collection created with Italian designer Giambattista Valli. The retailer limited the sale of the collection, which sold out on H&M websites across Europe hours after its Thursday (Nov. It’s just when someone makes a business out of it that we don’t like it.”

eCommerce 40

eCommerce Retail Sales Marketing 40

PYMNTS

MAY 18, 2020

What might be surprising is the number of consumers who will continue their new online habits. 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 Done in Bits and Bytes. Even more remarkable is that 5.1 Think about that for a minute.

Retail 73

Retail Economics Sales Planning 73

PYMNTS

AUGUST 27, 2019

Today’s shoppers can find eCommerce niches for just about anything for which they are hunting, whether they are searching for the lowest price tags or products with ecofriendly missions. The online thrifting market combines both of these factors, making it especially popular among both demographic groups.

Valuation 46

Valuation Retail eCommerce Technology 46

PYMNTS

OCTOBER 9, 2019

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. Regulation might be in the future.

Retail 47

Retail eCommerce Sales Marketing 47

PYMNTS

JANUARY 11, 2017

Alibaba is at the forefront of a bid that would take Intime Retail Group private, with a price tag of as much as $2.6 billion price tag would offer up a 42 percent premium for Intime, as paid by Alibaba and Intime Founder Shen Guojun, at HK$10 a share — and Alibaba already owns three-quarters of the company’s stock.

Retail 40

Retail eCommerce Sales Technology 40

PYMNTS

MAY 10, 2018

Additionally, a major fashion retailer is embracing Big Data, while a consumer electronics survivor tweaks its image. Sears Inks Deal With Amazon To Install Tires Bought Online. Using Loop Commerce ’s GiftNow feature, consumers at participating retailers can send any product to any recipient using only their email address.

Retail 40

Retail Technology 40

PYMNTS

JANUARY 17, 2017

Secondhand apparel is getting another go-around, more than ever before, especially online. Many retailers, like Swap.com, say their inventory is quickly growing. 2015, items marked “new with tags” bumped up nearly a quarter, and this January, that number is slated to pop up even more. million-item inventory. More than 1.3

Retail 40

Retail Numbers Finance Sales 40

PYMNTS

SEPTEMBER 15, 2020

Amplify ETFs CEO Christian Magoon, who runs the Amplify Online Retail ETF (IBUY), expects to see current Walmart customers sign up, rather than current Prime users making the switch or adding another membership program. Kroger has made progress on the online delivery front with Ocado and has a marketplace partner with Mirakl.

Math 60

Math Retail eCommerce Finance 60

PYMNTS

JUNE 26, 2019

In the digital age of shopping for clothes and accessories, modern-day consumers don’t want retailers to entertain them: Instead, they want these merchants to bring them an easy experience, offering seamless shopping in store and online. Just under 15 percent – or 14.3

Retail 55

Retail Entertainment eCommerce Planning 55

PYMNTS

JANUARY 25, 2017

Loyalty is the Holy Grail of retail, with happy customers retained and spending all the while on goods flying off brick-and-mortar shelves. Karam said that the changes happening in retail are similar to what is going in software. In retail, a similar shift also has been transpiring, from transactional relationships to relational.

Retail 46

Retail eCommerce Sales Technology 46

PYMNTS

DECEMBER 26, 2018

But retail will not be any less busy for it, as there is still the rush to return gifts that didn’t quite make the cut. Online consignment hub thredUP has a special name for this time period — the Purge Surge, when all the gifts that didn’t quite live up to expectations flood onto its marketplace for attempted resale.

Manufacturing 44

Manufacturing Leverage Retail 44

PYMNTS

OCTOBER 21, 2019

Retail chain Destination Maternity reportedly filed for bankruptcy on Monday (Oct. According to CNBC , the retailer is “buckling under the weight of an onerous debt load and struggling to compete with better capitalized competition.” The company owns 458 stores in the U.S., Another one seems ready to bite the dust. Larger Trends.

Retail 40

Retail Forecasting Sales Marketing 40

PYMNTS

AUGUST 9, 2018

According to a report in Reuters , citing Dada-JD Daohjia, the company is partly owned by JD.com and operates two businesses: Dada, the delivery service that has a network of 5 million delivery men, and JD Daojia, which partners with retails stores to provide delivery services.

Investments 40

Investments Retail Finance 40

PYMNTS

AUGUST 24, 2018

Moving beyond text-based online search for its customers, Forever 21 has unveiled visual search for its website and mobile eCommerce platforms. The technology, which is powered by artificial intelligence, was developed by Donde Search , the retailer said in an announcement.

eCommerce 41

eCommerce Retail Sales Technology 41

PYMNTS

APRIL 8, 2020

We pay a price for not exercising, but conversely, gyms and online classes aren’t free of charge. point-of-sale (POS) form of lending that’s become a retail sensation around the world in recent years. The more specialized and exotic the workout routine, the higher the fee, generally speaking.

Manufacturing 69

Manufacturing Retail Investments Planning 69

PYMNTS

OCTOBER 18, 2018

To learn more about their customers and increase foot traffic, retailers are testing out new business ideas. In some cases, retailers are dedicating small spaces to brands inside their brick-and-mortar stores. The vast majority of retailers believe in trying new business approaches.

Retail 58

Retail eCommerce CFO Planning 58

PYMNTS

JULY 19, 2017

Mastercard is expanding its QR-based programs to create greater choice in retail mobile payments. Once the QR code has been scanned, the online payment will be processed through the Mastercard network using M/Chip technology and the secure EMV infrastructure that retailers already have in place.

Securities 59

Securities Retail Sales Technology 59

PYMNTS

JULY 29, 2019

The rise of video games, both online and mobile, is helping to drive innovation in retail. The move is one of several Tilly’s has been pursuing recently to draw additional foot traffic in an era when, like many youth-focused retailers, it is seeing its sales constantly shifting online. Larger Trends. More Money.

Retail 48

Retail Sales Budgeting Marketing 48

PYMNTS

MAY 10, 2017

The role social media can play for SMBs is exemplified in the case of Spearmint LOVE , the online baby and children’s clothing and accessories retailer recently selected to sit on Facebook’s 2017 U.S. The online mom community represents a highly engaged and active base of consumers. Small Business Council.

Leverage 40

Leverage Construction eCommerce Advertising 40

PYMNTS

JANUARY 10, 2017

In retail, inventory is what you’ve got and you hope they want. Technology, as it does so often with every corner of life, can help augment that (retail) judgement. Technology, as it does so often with every corner of life, can help augment that (retail) judgement. We understand that the retailers are concerned about inventory.

Manufacturing 69

Manufacturing Retail Technology Sales 69

PYMNTS

JANUARY 12, 2017

billion that would take Intime Retail Group private as part of Alibaba’s efforts to counteract slowing online sales growth. trillion brick-and-mortar retail market. billion | Alibaba’s bid to take Intime Retail Group private. trillion | Size of China’s brick-and-mortar retail market.

Retail 40

Retail Numbers Sales Marketing 40

PYMNTS

DECEMBER 26, 2019

Even the ways retailers package their items can make a difference in their taxes. This month’s Next-Gen Sales Tax Tracker examines these compliance complexities and their impact, as well as ongoing efforts to streamline how retailers can fulfill their obligations. Easing tax compliance helps governments and retailers alike.

Compliance 52

Compliance Sales Retail eCommerce 52

PYMNTS

AUGUST 14, 2018

H&M has given its mobile app and eCommerce site a digital makeover, bringing a myriad of new features to online customers. In addition, shoppers can find products by scanning their price tags, allowing them to check size and color options.

eCommerce 40

eCommerce Retail Sales Technology 40

PYMNTS

DECEMBER 23, 2016

Online shopping is no longer reserved for the tech-savvy, with a new Pew Research Center surve y finding eight in 10 American adults shop online. According to Pew, 79 percent made online purchases of any type, while 51 percent used a mobile phone to make a purchase and 15 percent bought something via a link from a social media website.

Retail 40

Retail 40

PYMNTS

APRIL 16, 2018

The retailer’s website has 55.9 million average monthly visits, retail news source Retail Dive reported. The think tank found a decline of 410 basis points in the retailer’s apparel share as its revenues declined by $3 billion from 2012 to 2017. The retailer has already tested the technology at a store in New Jersey.

Retail 44

Retail eCommerce Planning Technology 44

PYMNTS

AUGUST 12, 2019

She wondered if she could find the book online or somewhere else. Richardson started noodling on the concept of fusing retail with hospitality in some capacity. The house contains items that come with small wooden tags that printed with the hashtag #SHOPTOSTAY.

Prioritization 51

Prioritization Sales Startups Retail 51

PYMNTS

OCTOBER 4, 2019

Online retailers are expanding their brick-and-mortar footprints – and using feedback from eCommerce customers to inform the selections in their new stores. There are also digital price tags for every item, and Prime members can pay the discounted online price for their selections at the store.

Retail 43

Retail eCommerce Investments Numbers 43

PYMNTS

APRIL 22, 2020

To that end, as TeamViewer CEO Oliver Steil told Karen Webster, online collaboration is about more than screen time. With the right connectivity in place, he said, online remote support can help companies function smoothly and navigate any number of challenges. Measuring The Returns.

Numbers 67

Numbers Technology Securities Sales 67

PYMNTS

JULY 16, 2020

He did it again when VHS then DVD were the bleeding edge of home entertainment, and movie studio executives suddenly had to offer terms to Bezos typically reserved for their biggest retail whales. Subscription service Amazon Prime launched in early 2005 with a $79 annual price tag.

Valuation 69

Valuation Entertainment eCommerce Healthcare 69

PYMNTS

FEBRUARY 27, 2019

Even in an age when shoppers can order groceries online and have them delivered straight to their doors, the vast majority of consumers are still shopping the traditional way – hopping in their cars and heading to their local brick-and-mortar grocery store to shop the aisles or pick up an online order. Roughly three in 10 – or 27.1

Entertainment 54

Entertainment Advertising Retail Technology 54

PYMNTS

JUNE 18, 2018

As reported by Reuters , Mercari is set to bow on the public markets in Japan, and while observers of the stock market are watchful of a billion-dollar price tag — which means, of course, unicorn status — the enthusiasm underpins a business model of a different sort. One online marketplace. Lots of eyes watching.

Budgeting 46

Budgeting Retail Sales Marketing 46

PYMNTS

JUNE 15, 2018

According to Chain Store Age , the 10,000 square-foot store will carry more than 8,000 items offered both in-store and online, focusing on fresh foods, fast delivery, value and everyday convenience. Electronic price tags enable the retailer to keep prices current.

Retail 40

Retail Planning Technology 40

PYMNTS

AUGUST 21, 2018

Instagram has created a new trend among the middle-aged hoping to be hip: purchasing new clothes online, snapping a shot in them and then sending them back to the company from which they were purchased. shoppers have purchased clothing online for a social media shot, only to turn around and rapidly return it once the shot is posted.

Retail 42

Retail Sales Numbers 42