The latest push in omnichannel retail transformation is toward unification, merging channels in various ways in an attempt to create a seamless, frictionless consumer shopping experience. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
The variety of Amazon private-label products continues to grow, adding convenience for brand-loyal Amazon Prime members and causing anxiety for competing eCommerce merchants. Recently, the online retail giant added a new product line to its Amazon Elements brand, which had previously sold only baby wipes...
A number of technological and financial organizations are reportedly joining forces to create a new computing system based on the network of Ethereum, a decentralized platform for applications that backs the popular digital currency Ether. Get the Full Story Complete the form to unlock this...
Cloud-based, multichannel commerce platform for SMBs Shopify yesterday announced strong Q4 and FY 2016 financial results. 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...
Yesterday, retail industry executives were scheduled to meet with President Donald Trump to discuss his proposed change to the border tax. The group was said to have included top brass from Best Buy, Gap Inc. and Target. In their meeting, the retail executives reportedly planned...
The latest numbers from the U.S. Commerce Department showed that U.S. retail sales rose 0.4 percent in January — well over Bloomberg’s median analyst forecast of 0.1 percent growth — to hit $472.1 billion. Further, revised numbers from December 2016 showed a 1 percent increase...
The holiday shopping season is in full swing as Christmas looms just around the corner. But just as merchants thought they might be seeing green, insight from data analytics solution provider DynamicAction suggests that retailers’ profit margins are increasingly at risk as the industry grows...
As any PYMNTS reader knows, new types of business models are developed and launched continuously, many that aim to keep high engagement with customers and build a long-term relationship. This is especially apparent when it comes to subscription model businesses, which generate about 23 percent...
After some months of contention with the denizens of Silicon Valley, Donald Trump had his big meeting with the biggest names in tech yesterday in New York City at Trump Tower. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
