PYMNTS

NOVEMBER 15, 2017

Fashion retailer Forever 21 revealed that it has suffered a data breach at some of its stores. According to news from Fortune , customer payment card information was compromised at certain point of sale devices in stores when the encryption on those devices was not operating.

Los Angeles 151

Los Angeles social media Millennials Retail 151

PYMNTS

AUGUST 14, 2017

You will observe grocery, as a retail category, is very fragmented. billion fine onto Google, claiming that their product carousel ads created an unfair advantage to small guy retailers who didn’t have the money to advertise. I’ll point out that those retailers did, apparently, have the money to hire lawyers. Investors put $2.65

Innovation 109

Innovation Online Google Millennials 109

PYMNTS

OCTOBER 6, 2019

Go Global Retail announced its plans to acquire the assets of ModCloth from Walmart. ModCloth offers exclusive indie and vintage-inspired women’s clothing, shoes, handbags and accessories for 18- to 35-year-old women, while Go Global Retail is a brand investment platform for strategic investors in the consumer sector.

Retail 129

Retail Branding Strategy Digital Strategies 129

PYMNTS

APRIL 19, 2018

Wendy’s , for example, planned to roll out self-ordering kiosks at about 1,000 of its retail locations by the end of 2017 in an attempt to both lure younger customers and to battle long lines at peak dining hours. 25 percent is the projected percentage of customer service operations that will use chatbots by 2020.

Retail 102

Retail eBook Customer Experience Ohio 102

PYMNTS

JULY 3, 2019

The retail giant bought Bonobos and ModCloth in 2017 and plus-size brand Eloquii in 2018 in a bid to compete with Amazon. Jet was supposed to reach urban dwellers and millennials, but it failed to drive traffic. billion in China over the next 10 years to upgrade logistics, per the retailer’s social media account.

social media 111

social media Millennials Retail Branding 111

PYMNTS

DECEMBER 7, 2017

The death of retail — of the brick-and-mortar kind — is nowhere, really, in sight, even as some might say the physical shopping experience is losing its spark. But it helps to take the pulse and temperature from time to time to gauge retail’s health. Skava says that physical stores are evolving, not dying.

Retail 101

Retail Branding Customer Experience Online 101

PYMNTS

AUGUST 22, 2018

We operate the only truly global luxury digital marketplace at scale, seamlessly connecting brands, retailers and consumers. Within that latter number, stated Farfetch, at the end of the most recent quarter, “we partnered with 614 of the world’s leading luxury retailers and 375 brands.”. That was $74 million in 2017.

Online 101

Online Retail Branding Data 101

PYMNTS

APRIL 25, 2019

In 2016, eGaming was a $493 million industry, and in 2017 (the last year for which data was available), that had jumped to $655 million. These are particularly popular among Gen Zers, the up-and-coming generation that is starting to nudge millennials out of the headlines. percent, it wasn’t as much as the retailer wanted to see.

Retail 166

Retail America Video Millennials 166

PYMNTS

FEBRUARY 9, 2018

As a result, malls and retailers have to rethink how malls are set up and designed. square feet of retail space for every person. With room for new establishments, malls operators are redesigning their spaces to make room for consumer experience spaces like restaurants and gyms. But it’s not just big retailers leaving U.S.

Millennials 116

Millennials Retail Study Operations 116

PYMNTS

NOVEMBER 3, 2020

Schools and universities will be allowed to continue to operate, but all bars and restaurants must close except for takeout and delivery. Helen Dickinson, chief executive of the British Retail Consortium, expressed concern that the latest round of U.K. in 10 in 2017. According to the study, bridge millennials engage in 14.1

Millennials 146

Millennials Data Study Survey 146

PYMNTS

OCTOBER 1, 2019

1, 2020 — at one point, the deadline was in 2017. However, that’s only part of what’s really going on when it comes to this particular card payments mark for convenience stores and gas pumps, according to a new PYMNTS interview with Chris Triconi, director of petro, convenience stores, and fuel retail at payment technology firm LISNR.

Innovation 167

Innovation Customer Experience Retail Operations 167

PYMNTS

DECEMBER 14, 2018

That wasn’t perhaps the most surprising news, given how Amazon keeps taking control of more logistical and delivery operations — an effort that many observers expect will eventually include the eCommerce operator competing head-to-head with UPS and FedEx. That’s one take on the news Thursday (Dec. billion in capital. households.

Retail 197

Retail Millennials Capital Operations 197

CB Insights

OCTOBER 24, 2018

According to CB Insights data, 9 POS lenders have raised $700M+ across 14 deals since June 2017. Millennials in particular struggle with credit cards — recent studies find that 3 in 5 millennials carry credit card balances month to month, while 45% don’t know the interest rate on their card.

Millennials 65

Millennials Lending Cards Capital 65

PYMNTS

DECEMBER 11, 2018

Give a deep and welcoming hello to the newest form of window shopping — a consumer behavior that will help to shape retail in 2019 and beyond, and a trend that stands as an increasing part of shopping, one that promises to impact brick-and-mortar merchants as they decide how to innovate. That’s not to say physical retail is dying.

blockchain 170

blockchain Retail Trends Mobile 170

PYMNTS

OCTOBER 22, 2018

People of all stripes — from millennials to baby boomers, from Generation X to the Greatest Generation — are increasingly swapping the friction of shopping in a store for the convenience of using one of the many connected devices they now own to shop and buy from instead. That’s up sharply from 2017. Bridge Millennials are the 20.7

Millennials 212

Millennials Study Payments Data 212

PYMNTS

AUGUST 31, 2018

That arguably describes the recent acquisition of Seattle-based Blueprint Registry , an online universal gift registry, by David’s Bridal , the privately held wedding retail chain that traces its roots back to the first years after World War II. The retailer has a $520 million term loan due in Oct. When in doubt, bet on digital.

Online 100

Online Retail Seattle Industry 100

PYMNTS

OCTOBER 21, 2019

Retail chain Destination Maternity reportedly filed for bankruptcy on Monday (Oct. 21), the latest commerce operator to be on the verge of extinction in this age of digital and mobile. though they also operate under such brands as Motherhood Maternity and Pea in the Pod stores. “As Another one seems ready to bite the dust.

Trends 101

Trends Retail social media Online 101

PYMNTS

JANUARY 21, 2020

(ARC), which says it “provides channel-agnostic tools and insights to help the global travel community connect, grow and thrive,” had taken a majority stake in nuTravel, described as a “leading developer of applications that provide airlines with online retailing solutions with enhanced features to support travel agency services.”.

Innovation 101

Innovation Millennials Trends Examples 101

PYMNTS

FEBRUARY 13, 2017

million last month to purchase the retail condo housing Murray’s flagship store, affiliated classrooms, as well as its catering and event operations. Murray’s former owner, Rob Kaufelt, will reportedly remain as a strategic adviser, and the team leading the New York City operation will largely remain unchanged. percent of U.S.

New York City 123

New York City Millennials New York Online 123

PYMNTS

FEBRUARY 1, 2018

To reach more consumers and foster more eco-friendly operations, IKEA is testing out renting its furniture offerings in Japan, Curbed reported Wednesday (Jan. The move comes as consumers — particularly millennials — are opting for furniture subscriptions through startups like Feather.

San Francisco 128

San Francisco New York City Millennials New York 128

Gonzobanker

OCTOBER 3, 2017

Since the “Trump Bump” lifted the market early in 2017, mid-size banks have held on to nice stock price appreciation with continued solid profitability. Balance sheet growth from larger commercial clients does not consume the same headcount and resources that the retail business requires.

Retail 60

Retail Strategy Marketing New Jersey 60

PYMNTS

SEPTEMBER 11, 2017

Despite the rather sobering results — and a dearth of retailers specializing in Billabong’s vertical — Fiske believes the firm is actually demonstrating signs of turning a corner this quarter, and that it has many “opportunities for sustained earnings growth” ahead of it. RVCA goodwill value was cut from $78.1 million to zero.

social media 122

social media Branding Retail Millennials 122

PYMNTS

DECEMBER 22, 2018

First, a little bit about the landscape for live Christmas trees — in 2017, U.S. The online retailer sold smaller versions of the trees last year, but online orders of Christmas trees made up only a small portion of overall sales of the trees. That is helpful especially for “millennial and Generation Xers,” he said.

Industry 134

Industry Millennials National Online 134

PYMNTS

FEBRUARY 16, 2018

While much of physical retail struggled in 2017 from rapidly realigning consumer shopping habits, the team at Home Depot had an incredibly solid year, with same-store sales growing each quarter and a stock price that surged 42 percent. Despite retail’s slump, the stock market did well in 2017.

Retail 101

Retail Training Atlanta Marketing 101

PYMNTS

MARCH 14, 2017

Currently, Amazon hopes to take advantage of recently loosened restrictions on foreign retailers in India by expanding its online grocery venture into the nation of some 1.3 Over the past few years, Amazon has invested billions of dollars in establishing a presence in India’s fast-growing online retail market. in 2017, said GeekWire.

Millennials 100

Millennials New York City Retail Online 100

PYMNTS

AUGUST 15, 2017

The growing popularity of mobile order-ahead is hardly news in the restaurant industry, where customers — especially millennials — crave the convenience, speed and personalization of a mobile ordering experience both in quick-service restaurants (QSRs), coffee shops and fast-casual dining environments.

Mobile 193

Mobile Millennials Survey Technology 193

PYMNTS

SEPTEMBER 22, 2016

Retailers can already count on more goods flying off their shelves this holiday season, judging by consumer spending. We take a look at some of the mobile news in 2016 to see what the holiday season and 2017 may have in store. The new proposal puts no limits on time or data, but operators can “intervene if they detect abuse.”

Mobile 100

Mobile Video Millennials Payments 100

PYMNTS

JANUARY 17, 2019

In 2017 Natura Cosmeticos SA ’s bought the Body Shop from L’Oreal for about 1 billion euros ($1.13 L’Occitane originated in the French region of Provence — though today it is headquartered in Luxembourg and Switzerland — and currently operates locations in 90 countries with 3,285 retail outlets. billion euros ($2.5

Branding 123

Branding Regional Retail New York 123

PYMNTS

JULY 30, 2018

With millennials working multiple gigs, very few have enough time left to make a proper meal — if they aren’t eating out at a local restaurant. Blue Apron’s 2017 IPO largely flopped on Wall Street, and the company made a number of high profile changes like expanding into Costco. million customers and 39.5 million meals delivered.

Industry 100

Industry Los Angeles Atlanta New York City 100

PYMNTS

APRIL 19, 2018

At 159 years old, it officially counts as a retail institution — one that hasn’t spent much of the last few years looking too healthy. In retail as in sailing, the bigger the boat, the harder it is to change direction. A lot has been written in recent years about everything that has gone wrong at Macy’s. A turnaround is no easy feat.

Millennials 101

Millennials Branding Retail Online 101

PYMNTS

SEPTEMBER 18, 2017

Discogs operates as an online, crowdsourced avenue through which individuals can list their popular and rare audio recordings for sale. million records in the first half of 2017, generating an estimated $100 million in sales the previous year, according to Billboard. Business owners in other retail categories can learn from this.

Millennials 109

Millennials Retail Google Apple 109

CB Insights

OCTOBER 10, 2018

Startups targeting retail and commercial banking have been emerging globally, spurred by favorable tech regulations, an uptick in mobile adoption, and shifting customer demographics. One of the biggest challenges these companies face is that many operate without a bank charter or license. why profitability won’t come easy.

Retail 78

Retail Cards Millennials Mobile 78

PYMNTS

MAY 28, 2019

million buyers who operate in industries such as website development, logo design and blog writing. billion in 2017. That marked an increase from 2017’s $1.4 Smartphones contributed one trillion dollars to overall retail sales in the United States during 2018. Just under $3 billion – or $2.7

Apple 159

Apple Mobile Fraud Branding 159

PYMNTS

JANUARY 10, 2018

When Mastercard launched the Start Path accelerator program in 2014, the goal – according to VP and senior business leader, Amy Neale – was to make it easier for emerging companies to enter “our world” through a combination of operational support, commercial access and some strategic funding.

Company 194

Company Meeting Millennials blockchain 194

PYMNTS

APRIL 11, 2019

For those plans to succeed, however, a robust system of digital ID is necessary, lest regulators and parents decide such a retail activity is unsafe for children, and take steps to pull it back. billion in 2017, with grocery stores poised to become the main driver of those transactions. reached $1.7

Online 169

Online Retail Regulation Maine 169

PYMNTS

FEBRUARY 11, 2020

For its three years in operation, Brandless generated no shortage of buzz with its concept of “private label for less” and the idea that the best brand is no brand at all. Facing a growing cash crunch — and trying to streamline its operation — Brandless laid off 13 percent of its staff last March.

Branding 150

Branding Operations Leadership Millennials 150

PYMNTS

MAY 9, 2017

Likewise, earnings per share (EPS) and net income hit well above expectations, with the online retail giant raking in $1.48 The online retail giant is already a major contender in online apparel sales among millennials. For the quarter, Amazon reported revenue of $35.7 EPS and netting $724 million, up 41 percent year on year.

Online 100

Online Retail National Marketing 100