PYMNTS

MARCH 20, 2020

The International Council of Shopping Centers (ICSC) says it believes action from the federal government is needed, and large retail brands began to put a price tag on the revenue losses they expect to face. All this, Today in Data. 400B: Approximate amount in state and local taxes the shopping industry generates in the U.S.

Numbers 52

Numbers Retail Sales 52

PYMNTS

JUNE 20, 2019

The eCommerce retailer reportedly suggested in the patent that surveillance using drone technology could be better than video-camera installations that can be tampered with or miss things. The news comes after the retailer paid over $1 billion for smart doorbell maker Ring in 2018. in the past.

eCommerce 75

eCommerce Retail Technology 75

PYMNTS

MARCH 12, 2020

The price tag on the building, famous for being the former New York hub for the shopping retailer, is in excess of $1 billion. Issues with rising retail costs, traffic and more ended up derailing the plans. Earlier in 2019, the company froze its plans to build a new headquarters from scratch in Queens, promising to spend $2.5

Startups 67

Startups eCommerce Sales Retail 67

PYMNTS

FEBRUARY 23, 2018

SES-imagotag specializes in omnichannel retail experiences — and is present in over 14,000 stores in 55 countries. To use the service, shoppers, after adding items to their basket, just need to hold their smartphones in front of the SES-imagotag digital price tag and scan the product using either a QR code or NFC.

Retail 43

Retail Sales Technology Marketing 43

PYMNTS

JULY 1, 2020

The digital shift at retail continued its momentum this week as Walgreens and Lululemon both made significant moves to embrace the online consumer experience. Two new projects have already been tagged for the initiative.

Healthcare 99

Healthcare Startups Retail eCommerce 99

PYMNTS

JANUARY 11, 2021

As noted in this space over the weekend, there already exists a preliminary agreement between Cardtronics and the investment firms, but the higher price tag offered by NCR will likely spark a re-examination of a deal. NCR made its bid official on Monday morning (Jan. Brown said. “So So we led with technology.”

Banking 57

Banking Leverage Numbers Sales 57

PYMNTS

FEBRUARY 10, 2020

The Fashion Week event also presented a perfect opportunity to roll out the latest She’s Next, Empowered by Visa challenge, with a call to female-led firms to “look for ways to bring technology to retail that [will help drive] fashion as an industry,” Reilly said. Leveraging A New Connection Point . That could mean all kinds of things.

Retail 76

Retail Nonprofit Startups Sales 76

PYMNTS

APRIL 22, 2020

Google’s Threat Analysis Group (TAG) said hackers had been targeting the World Health Organization (WHO), as revealed in early April by Reuters. In a blog post , Google said the attackers’ attempts included impersonating health organizations and major fast-food companies in an effort to trick people into downloading malware.

Securities 68

Securities Retail 68

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. To that end, Amir Wain , CEO of i2c Inc. It will happen.”.

eCommerce 94

eCommerce Compliance Numbers Currencies 94

PYMNTS

DECEMBER 28, 2020

The dreaded returns season has hit retail with a predictable but painful thud. With Mastercard putting a 49 percent tag on the eCommerce spike for the holidays, this year will be the toughest on record for handling what is a resource- and capital-intensive task. In the brick-and-mortar retail era it was a nuisance to be avoided.

Retail 86

Retail Auditing eCommerce Forecasting 86

PYMNTS

DECEMBER 8, 2020

Other rivals, such as Bharti Airtel and Vodafone Idea , say the 5G tech isn't as close as Reliance Jio says, and that it could be another two years away due to India's lacking ecosystem and the expensive price tag, the report says. Jio Platforms said in October it was working with U.S.-based

Manufacturing 56

Manufacturing Communication Technology Retail 56

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.

Leverage 57

Leverage Retail Technology Sales 57

PYMNTS

MAY 10, 2018

Additionally, a major fashion retailer is embracing Big Data, while a consumer electronics survivor tweaks its image. Using Loop Commerce ’s GiftNow feature, consumers at participating retailers can send any product to any recipient using only their email address. Best Buy Minimizes Iconic Price Tag In New Logo.

Retail 40

Retail Technology 40

PYMNTS

JUNE 17, 2019

In pet technology news, Pawscout is helping owners find their wayward pets with a Bluetooth-enabled tag as pet retail becomes a fierce battleground. The smart technology field continues to be hampered by security issues even as solutions in the space are put to use in many cases.

Technology 49

Technology Securities Numbers Retail 49

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

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

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

DECEMBER 11, 2020

The feature is expected to appeal to creators and brands, and will also allow users to add shopping tags to their posts. Amid the pandemic, retailers must consider the different ways consumers want to return what they don’t want – in person and/or by mail. Reels are the short-form videos that now have their own tab in Instagram.

Valuation 56

Valuation Startups eCommerce Banking 56

PYMNTS

MARCH 6, 2019

According to a report in Adweek, the shoppable ads will enable retailers to tag product images , and when users hover over them, they will find information including the brand name and the price for the product. Shoppable ads are being tested with select retailers, noted the report. The reality is it’s really not like a funnel.

Advertising 45

Advertising Retail 45

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

NOVEMBER 8, 2019

The retailer limited the sale of the collection, which sold out on H&M websites across Europe hours after its Thursday (Nov. And on California-based resale marketplace Tradesy, shoppers can actually get a deal, with a Giambattista Valli shift dress selling for less than the retail price of the H&M collaboration.

eCommerce 40

eCommerce Retail Sales Marketing 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 31, 2020

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. Story was acquired by Macy’s in 2018, and its themed marketplaces have popped up in numerous Macy’s locations since then.

Retail 43

Retail Sales Planning Marketing 43

PYMNTS

FEBRUARY 19, 2018

Yet retailers are now offering shoppable photos on partner websites. While the program is still just a pilot, journalists working for Mashable will be able to take a photo of, say, a celebrity and tag elements of his or her outfit with links to similar products available for sale on eBay. . — Only 6.5 A whopping 42.5

Startups 57

Startups Retail Banking eCommerce 57

PYMNTS

APRIL 15, 2016

Could everyone’s favorite image-based social network be transformed into the world’s largest crowdsourced retail catalog? This coming Thursday (April 21), Alexis Maybank, Gilt Groupe cofounder and its first CEO, will launch a new foray into digital retail: Project September. One woman hopes the answer is yes.

Leverage 40

Leverage Retail Sales Accounting 40

PYMNTS

DECEMBER 30, 2019

The tag will allow for the money to be deducted while the car is in motion, using radio frequency identification (RFID) technology. “The transactions in the NETC system can be performed without any Additional Factor of Authentication (AFA) and/or pre-transaction notification/alert,” RBI said.

Banking 52

Banking Transportation Retail Technology 52

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. Online marketplaces for both regular and secondhand retail are facing more competition as demand continues to grow.

Valuation 46

Valuation Retail eCommerce Technology 46

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

MARCH 19, 2019

Instagram has launched a checkout feature designed to help the social media platform become a more attractive place for consumers to buy retail products, and to capture more sales via what is coming to be known as contextual commerce. As it stands, users can swipe a product on Instagram to visit the vendor’s website to place an order.

eCommerce 84

eCommerce Retail Sales 84

PYMNTS

MARCH 19, 2018

When it’s time to check out, customers go to a dedicated counter where the cashier makes sure they scanned the correct number of items and removes a security tag. The retailer has already tested the technology at a store in New Jersey. And the retailer is flexible on timing: Brands can stay for as short a time period as a month.

Advertising 57

Advertising Retail Planning Technology 57

PYMNTS

MAY 15, 2019

These companies are most interested in payments acceptance, digital receipts and customer satisfaction rankings when it comes to features offered by consumer applications, according to the most recent PYMNTS Retail Innovation Readiness Index. And tech companies are already working with retailers on payments innovation.

Entertainment 44

Entertainment Retail Technology Communication 44

PYMNTS

JANUARY 17, 2017

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. According to the National Retail Federation, more purchases made online are returned than those in store. million just this week.

Retail 40

Retail Numbers Finance Sales 40

PYMNTS

SEPTEMBER 4, 2020

Consumers are four times likelier to make retail purchases online than they were when the pandemic began, and this new digital default has merchants scrambling to stand out on the web. So how can retailers catch the eye of eCommerce shoppers spoiled for choice? New Data: How Online Merchants Build Consumer Trust In The Digital 3.0

Banking 70

Banking Retail eCommerce Leverage 70

PYMNTS

APRIL 8, 2020

point-of-sale (POS) form of lending that’s become a retail sensation around the world in recent years. It is for these reasons that we see buy now, pay later solutions being so rapidly adopted across the fitness market and almost all retail categories.”. That’s equally true for workout apparel – the great stuff is priced accordingly.

Manufacturing 69

Manufacturing Retail Investments Planning 69

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

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

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.

Retail 54

Retail Numbers Technology Planning 54