PYMNTS

JANUARY 13, 2021

Retailers that mainly depended on brick-and-mortar foot traffic had to quickly mobilize distribution services to get their goods to customers. The pandemic placed a spotlight on the importance of short-haul, local freight moves between warehouses … and retail facilities to be used as triage for home delivery,” he said.

Leverage 58

Leverage Transportation Manufacturing Communication 58

Future CFO

JANUARY 24, 2023

Retail sales in China is expected to recover after the lifting of Covid-19 restrictions but is likely to be bumpier than those in many other major economies, said Fitch recently. year-on-year contraction in retail sales in December 2022, which led to a 0.2% The residential leverage ratio rose rapidly to 62.4%

Sales 52

Sales Retail Leverage Economics 52

PYMNTS

MAY 24, 2017

Location is everything, and PlaceIQ has created a new way for retailers to leverage it. We really passionately believe in the power of location to solve real business challenges for retailers, casual dining – for all sorts of businesses,” said CEO and Co-Founder Duncan McCall. How much foot traffic is their store seeing?

Leverage 42

Leverage Retail Construction Manufacturing 42

PYMNTS

APRIL 25, 2017

Marketplace solutions work to enable online retail brands to expand their reach without needing to invest in manufacturing, warehousing and logistics. To move into a greater number of markets, international online home goods retailer vidaXL recently selected global marketplace solutions provider Mirakl to support its growth plans.

Leverage 40

Leverage Retail Planning B2C 40

CFO News

MAY 9, 2023

Retailers must now adapt to this new reality by leveraging technology to create a seamless and personalized shopping experience across all channels. Moreover, retailers must also focus on data analytics to better understand customer behavior, preferences, and buying patterns.

Retail 52

Retail Leverage Sales Investments 52

PYMNTS

JANUARY 20, 2021

Google Cloud is rolling out Product Discovery Solutions for Retail, a new suite of services that will use artificial intelligence (AI) and machine learning (ML) to help eCommerce firms deliver personalized consumer experiences during a shopping journey’s initial phase. "As Vision API Product Search.

Retail 83

Retail Prioritization eCommerce Leverage 83

PYMNTS

FEBRUARY 26, 2020

Many chains have thus been turning to fraud detection programs driven by artificial intelligence (AI) to make the most of their limited prevention resources, leveraging various techniques to stop bad actors’ advances. Many AI-based fraud detection solutions also leverage machine learning (ML), which allows the system to learn on its own.

Leverage 56

Leverage Securities Accounting Retail 56

PYMNTS

SEPTEMBER 10, 2019

Artificial intelligence (AI) and machine learning (ML) are starting to play a bigger role in retail, foreshadowing what’s to come in the new decade of the 2020s. According to PYMNTS research , AI and ML are blurring the divide between online and in-store shopping, and bringing an all-new human element into retail. Blurring the Divide.

Retail 99

Retail Communication Leverage Technology 99

PYMNTS

NOVEMBER 24, 2020

But top industry experts told Karen Webster during PYMNTS’ latest “On The Agenda” panel that the hurdles for retailers are only beginning. He said the shipping infrastructure nearly buckled earlier this year, and retailers are now being highly conservative when it comes to managing deliveries. “We Using Payments To Engage Consumers .

Retail 100

Retail Leverage Education Finance 100

PYMNTS

DECEMBER 2, 2020

This will not only help retail items be more accessible to more consumers but could help merchants bounce back from what may have been a rocky year in sales due to the pandemic. Unbound Merino Leverages Installment Payment Plans For More Accessible Shopping.

Sales 77

Sales Retail Budgeting Leverage 77

PYMNTS

NOVEMBER 9, 2020

Now there are signals that a physical retail rebound is forming up. presidential election in the rearview mirror and 2021 right around the corner, a new shift is underway: the slow but certain move back to shopping inside retail stores — an experience that people still crave for the experiential joy it brings. With the U.S.

Retail 104

Retail B2B Leverage Sales 104

PYMNTS

SEPTEMBER 3, 2020

“And in many places, for the first time, our retailers are open to it. And the answer is, “Yes, a bar code can give you a way to do that — and in a form that retailers already understand how to accept.”. They're seeing this as an opportunity to change and shift.”. But although they want mobile, they aren’t looking for the 1.0

Retail 115

Retail Sales Leverage Technology 115

PYMNTS

SEPTEMBER 9, 2020

The virus itself is not the only factor in play, however, with the devastating economic downturn and record-high unemployment rates also sharply reducing consumers’ purchasing power and their willingness to make retail purchases. Digital commerce is one of the only truly safe revenue streams available to retailers right now.

Retail 67

Retail eCommerce Leverage Invoicing 67

PYMNTS

MARCH 30, 2020

Consumers shopping in droves via eCommerce channels is hardly a piece of breaking news — for the better part of a decade, that has been obvious to anyone watching the retail space. They are, Fiserv Senior Vice President of Retail Solutions John Nicola told Karen Webster in a recent conversation — and in great numbers.

Retail 70

Retail Leverage Budgeting eCommerce 70

PYMNTS

OCTOBER 8, 2020

The digital shift may transform retail storefronts in Europe. To that end, in Europe, Czech firm Nulisec has debuted an online B2B marketplace focused on European retailers — geared toward improving sales and procurement processes. At the moment, retailers are hostages of their local suppliers,” he said.

B2B 78

B2B Retail Marketing B2C 78

PYMNTS

JUNE 9, 2020

Physical brick-and-mortar retail was suffering long before the pandemic. Highlights include grocery, retail and contactless, he said. In addition, retailers are searching for more flexible fulfillment options spanning online pickup in store, pickup curbside, and a number of variants of that continuum of reaching end customers.

Retail 92

Retail Sales eCommerce Leverage 92

PYMNTS

NOVEMBER 17, 2020

InTime is one of the biggest retail chains in China, with department stores as well as eCommerce sites. InTime was already taking advantage of the growing popularity of online shopping before the pandemic hit, and quickly leveraged shopping trends like livestreaming , Chen said. The annual invitation-only conference on Nov.

Retail 72

Retail Sales Leverage eCommerce 72

CFO News

AUGUST 26, 2024

With consumer preferences shifting rapidly, leading CFOs have stressed on efficient stock rotation, leveraging real-time data, and proactive risk assessment.

Risk Management 40

Risk Management Retail Leverage 40

PYMNTS

JANUARY 15, 2021

The holiday shopping season is the most wonderful time of the year for the retail industry. Brick-and-mortar merchants and online retailers alike often rely on end-of-year sales to generate up to 40 percent of their annual revenues and start the new year on a positive note. A notable $730 billion in U.S. A notable $730 billion in U.S.

Retail 63

Retail Leverage eCommerce Securities 63

PYMNTS

MARCH 31, 2020

The retail closures related to the coronavirus have been a death knell for an already struggling retail industry, and many companies might not make it through, according to a report by the Financial Times. The crisis, he said, will probably lead to a “meaningful acceleration of the retail shakeout.”.

Retail 55

Retail Leverage Numbers 55

PYMNTS

OCTOBER 31, 2018

However, AR is now rewriting the rules of the retail game. A growing number of retailers are leveraging the technology to entice customers with a “try before you buy” shopping experience, having already been adopted by several big names in retail, including the likes of Walmart and Target.

Retail 69

Retail Leverage Technology Numbers 69

PYMNTS

DECEMBER 3, 2019

In separate news, reports surfaced over the summer that retail messaging startup Attentive notched $40 million in a Series B funding round led by Sequoia. Existing investors Bain Capital Ventures, NextView Ventures and Eniac Ventures — as well as new investors IVP and High Alpha — also participated in the funding round. .

Leverage 52

Leverage eCommerce Startups Retail 52

PYMNTS

FEBRUARY 11, 2020

Square For Retail is now available on Square Register , allowing the retail point-of-sale (POS) solution to run on Square’s end-to-end, integrated POS system, the Silicon Valley company announced on Tuesday (Feb. The integrated solution enables retailers to leverage software, hardware and payments on a single comprehensive platform. .

Retail 56

Retail Vendor Management Leverage Banking 56

PYMNTS

SEPTEMBER 21, 2020

These moves seem logical for consumers who have been barred from visiting brick-and- mortar retailers or who are wary of contact with cashiers or payment terminals due to the potential for viral transmission, but they are also likely to have a dramatic impact on the future of digital and in-store commerce. The rise of omnichannel .

Retail 97

Retail eCommerce Sales Leverage 97

PYMNTS

JANUARY 12, 2020

Bowman noted that Tap to Phone leverages EMV’s underlying capabilities, the growing base of contactless cards in consumers’ wallets and the partnership with Samsung to allow sellers to tap into new retail sales opportunities, simply by downloading an app onto a mobile device they already use.

Retail 90

Retail Healthcare Sales Leverage 90

PYMNTS

MAY 11, 2020

As retailers, especially those marked non-essential, move to digital commerce platforms they’re also finding new ways to stay in touch with customers during the pandemic. As a result of the pandemic crisis it is urging its retail accounts to stay in touch with their customers via mobile, most specifically through SMS (short message service).

Retail 70

Retail Communication eCommerce Leverage 70

PYMNTS

JUNE 14, 2019

A number of retailers have recently seen a surge in eCommerce sales. Now, it’s easier in some ways to be a late mover,” in retailing online, Sucharita Kodali, a retail analyst at Forrester Research, said in an interview, according to CNBC. percent increase.

eCommerce 59

eCommerce Retail Sales Leverage 59

PYMNTS

MAY 27, 2020

retail reopening. Most reports of mall reopenings and other retail post-pandemic debuts in the U.S. The station also reported that retailers who did see crowds followed strict guidelines. When you look at retail challenges coming out of the financial crisis, price sensitivity was the most important,” she says. “So

Retail 57

Retail Communication Leverage eCommerce 57

PYMNTS

SEPTEMBER 19, 2018

Artificial intelligence (AI) and machine learning (ML) are blurring the divide between online and in-store shopping, and bringing an all-new human element into retail. To learn more about how businesses are leveraging AI and ML technology to optimize their customer experience, click here to download the report.

Retail 63

Retail Leverage Technology eCommerce 63

PYMNTS

JUNE 24, 2019

Retailers are getting smarter about artificial intelligence (AI), and the latest example of that innovative effort comes from Walmart. According to a new report , the retail chain, hoping to reduce checkout theft, is turning to cameras powered by AI, with deployments underway in some 1,000 stores.

Retail 73

Retail Leverage Technology Investments 73

PYMNTS

AUGUST 28, 2020

Visa announced today that its Smarter Stand-In Processing (Smarter STIP) leverages artificial intelligence (AI) to help the network act as “backup” processor to accept or decline authorizations when issuers go offline. New Report: Helping Retail Treasurers Navigate The Digital D2C Shift (“How To” Playbook). Trackers and Reports.

Retail 83

Retail Planning Pharmaceutical eCommerce 83

PYMNTS

APRIL 1, 2020

With social distancing currently a top priority of retailers in the current environment, a supplier of shopper engagement and loss prevention technologies has flipped the script, now making devices that heighten real-time awareness of social distancing in retail stores. That’s our domain. SocialDistance.ai SocialDistance.ai

Retail 53

Retail Leverage Securities Technology 53

PYMNTS

APRIL 30, 2019

According to Will Byrne, CEO of Worldnet Payments , the kiosks and smart shelves that are gaining traction across any number of commerce and retail settings may even shift the employment picture a bit. The Changing Retail Footprint. As unattended retail notches an increasing footprint, said Byrne, other use cases will also emerge.

Retail 55

Retail Transportation Leverage Technology 55

PYMNTS

JULY 9, 2019

Retailers surely have more than enough to worry about these days. For one, the pace of innovation keeps speeding up – and that holds true for all types of retail niches, from apparel to grocery to others. The emerging 5G technology has tremendous retail potential.

Retail 77

Retail Technology Forecasting Leverage 77

PYMNTS

JUNE 4, 2020

Online commerce has soared during the pandemic, prompting retailers of all types and sizes to leverage how they use digital channels to bring back customers while a full return to physical retail remains months away. But the biggest innovations are coming to online retail. While only 10.3

Retail 52

Retail Sales Communication Leverage 52

Global Finance

NOVEMBER 14, 2024

CTBC aims to leverage both GenAI and traditional AI to enhance its personalized banking experience and seamlessly deliver next-gen banking services. CTBC is leveraging data resources from both retail and corporate banking, providing deeper enterprise-wide insights.

Banking 52

Banking Leverage Risk Management Technology 52

PYMNTS

FEBRUARY 3, 2020

Consumers are firing brick-and-mortar retailers from the jobs they held years and decades before. To get their shopping jobs done, consumers are now hiring retailers that make it convenient to do business – anywhere, anytime, through any channel and on their terms. But it’s more than that.

Retail 69

Retail Sales Investments Budgeting 69