For restaurants, third-party online food portals have been something of a mixed blessing. On the one hand, they can provide visibility into potential customers and access on online ordering that they might not easily be able to construct on their own. But the price restaurants...
Buying and selling home improvement goods has long been a source of frustration for consumers and merchants alike. For shoppers, installing something only to dislike how it looks means having to dismantle and return it. To solve this problem, many retailers are looking to utilize...
Augmented reality (AR) has long been associated with games like Pokémon Go and Zombies, Run! 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...
NMI, the unified commerce enablement company, announced on Tuesday (Oct. 16) its unified payments engine for ISOs, FinTech innovators and technologists. In a press release, NMI said the solution enables the company’s partners to deliver a simpler payment platform to merchant clients that meets all...
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. By incorporating visual recognition technology and artificial intelligence into their business models, retailers like Neiman Marcus, IKEA, H&M, west elm and...
The phrase “retail therapy” exists for a reason — there is something about making a purchase that has the mysterious power to elevate one’s mood. And while it sounds like something one might make up to justify overspending — “my mental state required those designer...
Traditional retail locations, ranging from fashion and home furnishings to hardware and department stores, have been forced to make significant changes in the face of heightened competition from eCommerce giants like Amazon and omnichannel powerhouses, like Walmart and its online unit, Jet.com. In many cases,...
First Data SVP Glenn Fodor tells PYMNTS that the fundamentals of retail remain strong, but successful retailers know how to incorporate technology into their full retail experience. In some cases, that means giving the customer everything from fine dining to outdoor adventures as a way...
It’s a tough time to be a small pharmacy, with national chains like CVS and Walgreens dominating two-thirds of the prescription drug market in the U.S. To stand out from their competition, says Brian Zone, owner and founder of Long Island Apothecary, independent pharmacies must...
