Trying to meet the high expectations of today’s consumers by introducing new payment technology can be a daunting task. Vaughan Rowsell, founder and chief product officer for Vend, says many retailers are grappling with this issue and worry that the undertaking of providing omnicommerce opportunities...
In 1996, parents would take their kids to the store to get school supplies. Twenty years later, they still do. No they don’t, you say? Yes they do, says brand-new, hot-off-the-presses back-to-school data from Google. And it’s digital searches that are driving more feet into...
Investor appetite for fintech start-ups has waned recently while concern for cybersecurity is growing. While PwC reports cybersecurity as the fourth greatest health issue in 2016, the KPMG Fintech reports for Q2 shows investment to VC-backed fintech deal activity fell to a five-quarter low in...
Best Buy walked into earnings season with a sword or two dangling above its head. The last few quarterly reports have been marked by falling revenue and slipping sales at comparable stores, and Q2 wasn’t exactly one for the books when it came to physical retail....
Fighting off years of sluggish sales growth and diminishing footfall to their stores, JCPenney has spent much of the last 18 months reinventing itself. It has been developing house apparel brands, leveling up its partnership with Sephora and looking increasingly to omnichannel management as the future of pushing...
Join PYMNTS on Friday, August 26, 2016 at 12:00 PM (EST) for the “Topic TBD” series with special guest Ron Quaranta, Chief Operating Officer of Loyyal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
While most big-name retailers struggled to kick off 2016, Home Depot and Lowe’s, the two top home improvement retailers in the U.S. marketplace, controlling 41 percent of all sales, have continued to beat the industry trend of diminished customer spending and reduced sales. Get the...
Alibaba, China’s largest eCommerce marketplace, is facing problems in its native land as it deals with sluggish expansion due to a maturing population and user saturation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Can this marriage be saved … and should it be? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this...