PYMNTS

AUGUST 29, 2020

That’s a big price tag, but it’s not so bad when one considers that doing that using humans to perform that kind of plant surveying work would cost roughly $300,000. In fact, robots have recently made two separate-but-connected pushes into the world of retail. Such robots aren’t cheap. Robotic Hotel Workers.

Manufacturing 95

Manufacturing Technology Retail Numbers 95

PYMNTS

JANUARY 31, 2020

Macy’s also bought the beauty chain Bluemercury in 2015 for $210 million. Beauty is considered to be one of today’s fastest-growing retail operations, even more so than its apparel business. Last quarter saw the retailer’s first same-store decline in two years. They were down 0.6

Retail 43

Retail Sales Planning Marketing 43

PYMNTS

MARCH 18, 2020

For most retailers, this virus thing is starting to hurt. Retailers are now in full-on battle mode,” said Jefferies Analyst Randal Konik , who foresees a 90 percent to 100 percent drop in mall traffic. For retailers, this is now about near-term survival.”. “For For retailers, this is now about near-term survival.”.

Retail 64

Retail Numbers Securities Sales 64

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 What it’s shown is that department store chains are still relevant and of value. What it’s shown is that department store chains are still relevant and of value.

Retail 40

Retail eCommerce Sales Technology 40

PYMNTS

JANUARY 9, 2020

“The technology was first adopted here; it just didn’t catch on the way it did globally,” Jackson said, adding that in places like Japan and Norway, ESL technology is present in 80 percent to 90 percent of retailers across a spectrum of verticals, with that number pushing 60 percent in Canada. However, the retail marketplace in the U.S.

Retail 53

Retail Technology Sales Communication 53

PYMNTS

APRIL 24, 2018

To meet this, more providers are now rolling out security solutions for use cases spanning from supply chain fulfillment to predictive maintenance. New funding also came to Contguard, a supply chain shipment monitoring and business intelligence services company. Despite the security risks, the popularity of IoT seems unlikely to abate.

eCommerce 79

eCommerce Transportation Securities Manufacturing 79

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.

Retail 40

Retail Forecasting Sales Marketing 40

PYMNTS

JUNE 14, 2019

Radio-frequency identification (RFID) technology is carrying more weight in retail these days, helping merchants to innovate and win over consumers, and even serving to tie together web, mobile and in-store experiences as part of the focus on omnichannel commerce. The tags can also function as anti-theft devices.)”. Treasure Hunt.

Retail 61

Retail Sales Technology eCommerce 61

PYMNTS

NOVEMBER 15, 2016

Technomic’s Top 100 Global Chain Restaurant Report for 2016 found, for instance, that 68 percent of customers in Asia reported using a mobile device to place a food order in the past three months, and in the Middle East, that statistic was about 60 percent. Customers want convenience. In another restaurant technology survey of U.S.

Technology 64

Technology Startups Retail Numbers 64

PYMNTS

OCTOBER 8, 2018

Whole Foods was colloquially called “Whole Paycheck” for a reason — eating organic comes with a very high price tag. Thrive’s goal is to keep their prices at wholesale levels — 25 percent to 50 percent of the standard retail price for the foods and household goods it specializes in shipping to consumers.

Marketing 51

Marketing SAP Retail 51

PYMNTS

AUGUST 24, 2018

The technology, which is powered by artificial intelligence, was developed by Donde Search , the retailer said in an announcement. The upgraded platforms now let shoppers search for an item by using an image, Chain Store Age reported.

eCommerce 41

eCommerce Retail Sales Technology 41

PYMNTS

AUGUST 14, 2018

The upgraded platforms now let shoppers search for an item by using an image, Chain Store Age reported. In addition, shoppers can find products by scanning their price tags, allowing them to check size and color options. Visual search allows shoppers to upload a photo, and the platforms use that photo to search for relevant items.

eCommerce 40

eCommerce Retail Sales Technology 40

PYMNTS

NOVEMBER 30, 2017

Online marketplace eBay has launched a new service in partnership with Google , according to news from Chain Store Age on Wednesday (Nov. The company is among the first eCommerce retailers to utilize multi-surface switching, which allows users to hold a conversation on Google Home from a smartphone. “By

eCommerce 43

eCommerce Retail Technology 43

PYMNTS

JULY 31, 2017

She assumes management of the regional marketing team, including strategy for consumer and retail marketing, loyalty and digital and mobile experiences. 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

JANUARY 3, 2019

Oh, well, they are getting hammered, too, as of Thursday, in an echo of supply chain fears that rattled investors. The folks that supply the components and casings and chips? Whenever an 18-20+ percent revenue contributor – in this case, of course, China – falters, that spells rough sledding for any company.

Sales 70

Sales Numbers Retail Accounting 70

PYMNTS

JANUARY 21, 2019

That tax, she noted , encompasses marketing, retailer margins and other expenses that can typically push up prices on brand-name beauty products by as much as 30 percent. And then building direct relationships with the community we serve,” she told Retail Dive.

Advertising 60

Advertising Retail Marketing Sales 60

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

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. In Other Brick-and-Mortar News.

Retail 43

Retail eCommerce Investments Numbers 43

PYMNTS

MARCH 17, 2017

Sometimes all it takes is a new way of looking at things to open up a world of possibilities — at least, that’s what retailers investing in augmented reality (AR) and virtual reality (VR) believe. Meanwhile, other industry projections show that more than 800 million AR apps for retailers will be downloaded by consumers by 2019.

Retail 41

Retail Manufacturing Sales Technology 41

PYMNTS

NOVEMBER 2, 2016

Given the price tag on the Jet.com acquisition, it comes as no surprise that big changes are coming to Walmart’s eCommerce operations; firms generally don’t pay $3 billion for something and then make no changes to accommodate the purchase.

eCommerce 69

eCommerce Retail Sales Planning 69

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

APRIL 28, 2016

Whether or not they can afford it, it’s no secret that express delivery has become a defining offering for online retailers, and failing to meet these expectations is not looked upon kindly by shoppers. According to a new report, the Internet of Things has helped the common warehouse pick up the slack. David Egan, head of U.S.

Manufacturing 40

Manufacturing Retail Investments Technology 40

PYMNTS

FEBRUARY 15, 2017

IMAX, venture capital firm Bold Capital Partners and mall chain Westfield Corp. Dreamscape Immersive’s VR experiences are reportedly expected to run around 10 minutes each, each coming with a production price tag of over $1 million to produce. have also reportedly invested in Dreamscape. Tickets will cost $15–$20, said WSJ.

Entertainment 40

Entertainment Transportation Startups Communication 40

PYMNTS

AUGUST 31, 2018

Urban Outfitters was beginning to look like a lot of other physical retail brands that were getting into hot water in the digital age. But Urban Outfitters — and its associated family of brands: Anthropologie , Free People, Terrain and BHLDN — has been battling back, expanding its offerings and tightening up its supply chain.

Sales 40

Sales Retail Leverage Numbers 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

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

APRIL 3, 2018

In the early 1900s, department stores came up with a novel idea to help their customers pay for their purchases: Customers could use metal plates — that looked like dog tags or tokens — at retailers such as Gimbels that tracked their spending. By the 1980s, gas retailers began accepting other credit cards again.

General Ledger 43

General Ledger Retail Banking Numbers 43

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

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. When a product is #BornDigital, added Hobsbawm, it creates transparency into the supply chain and product lifecycle.

Technology 44

Technology Retail Investments Marketing 44

PYMNTS

MAY 18, 2016

Mishandling inventory has usually been brick-and-mortar retail’s forte. But just when it looked like new retailers hip to the omnicommerce game had escaped the pitfalls that plagued their less-mobile counterparts, it’s starting to look like inventory might be the common anchor that, at one time or another, holds everyone back.

Retail 40

Retail Sales eCommerce Marketing 40

PYMNTS

MAY 11, 2016

The merger between Staples and Home Depot is over — and not in the ways either party were hoping for when the possibility of the two office supply chains merging first hit the headlines a year ago. So what happened exactly — and why should everyone in physical retail care? Why The Judge Just Said No.

Retail 40

Retail eCommerce Sales B2B 40

PYMNTS

JUNE 24, 2016

Beyond the price tag, there are real human costs in terms of overall patient health and lives put at risk. In an interview with PYMNTS, three executives from DaVincian — CEO Ted Waz, CTO Shane Hartman and Chief Medical Officer Dr. Waz stated that “the physician’s office is the real source of truth and where the data chain starts.”

Problem Solving 40

Problem Solving Securities Numbers Retail 40

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

NOVEMBER 15, 2019

Whether Amazon is planning a chain, what type of items or pricing it will feature or what the store will be called all remain up in the air. Going forward, the sneaker and sports apparel company says it will pursue a new retail path based on partnerships and its direct business. “As

eCommerce 46

eCommerce Profit and Loss Sales Retail 46

PYMNTS

MAY 24, 2016

Kroger is one of retail’s more anomalous figures insofar as it is massive – and yet somewhat invisible. Said simply, Kroger taken across the various retail operations it stands behind is much, much larger than most people are aware. ” A big price tag is in part an outcome of a big operation. Will it work?

Concentration 40

Concentration Retail Sales Investments 40

PYMNTS

FEBRUARY 24, 2017

Going clean and green is just about everyone’s favorite marketing tag line these days. And, Shaich noted, the recipe is now only half the battle, because Panera isn’t making soup for its family after a hard day — Panera is making soup for everyone’s family after a hard day at 2,000 retail locations nationwide.

Advertising 45

Advertising Leadership Economics Retail 45

PYMNTS

JULY 8, 2016

billion price tag, led U.K Klein cited the Apple Store as a prime example of a retail chain that seems to be extending a superior mPOS checkout experience, as its employees are equipped with handheld POS devices to help consumers check out on the go. market – it also caught the attention of mPOS players across the pond.

Benchmarking 41

Benchmarking Technology Advertising Securities 41