PYMNTS

JANUARY 9, 2020

And in unattended retail, Stockwell ’s new name sparked a turnaround for the firm. Its future is now about building scale and creating a national presence for its vending cupboards. 9,300: Number of stores that shuttered in 2019, per Coresight data. percent: The rate by which overall retail sales increased from Nov.

Los Angeles 130

Los Angeles Retail San Francisco Houston 130

PYMNTS

OCTOBER 24, 2019

Yes, the holiday shopping season is gearing up – that time when retail needs to prove itself once more. Retailers are certainly in the swing of things. The retailer is advertising deals for the season “earlier than ever” and will begin rolling them out on Friday (Oct. 25), CNBC reported.

Retail 102

Retail Study Survey Video 102

PYMNTS

SEPTEMBER 17, 2020

Four consecutive months into positive consumer spending trends, one wonders if there might be — indeed must be — a lull, a pullback that might indicate a tougher road ahead for retailers headed into the all-important holiday spending season. Census Bureau reported that retail sales in August were up 60 basis points over July.

Retail 240

Retail Data National Trends 240

PYMNTS

JANUARY 3, 2020

Looking past the cheerful numbers tied to holiday shopping and the tens of billions of dollars spent on Black Friday, Cyber Monday and into Christmas, the decline of retail, at least the traditional retail model, continues into the new year, and across oceans. The retail sector is among the largest employers in the U.K.,

Retail 131

Retail Samsung National Taxes 131

PYMNTS

JUNE 15, 2020

As the growing app economy has brought innovation throughout 175 nations, Apple said Monday (June 15) the App Store ecosystem fostered $519 billion in sales around the world just last year. Mobile commerce apps brought in most of the sales in that area and retail was the biggest, arriving at $268 billion.

Apple 151

Apple National Study Retail 151

PYMNTS

JULY 22, 2020

The retail industry is facing its first sales event of the pandemic with the coming of back-to-school sales. The projections were led by the National Retail Federation (NRF) this week, as it foresees record sales for back to school. billion in 2019. Second, are retailers removing friction from the buying process?

Retail 186

Retail Meeting Arizona Florida 186

PYMNTS

JANUARY 20, 2020

New evidence of that — part of the broader trend of the existential changes in the world of brick-and-mortar retail, changes that are gaining more focus this month — comes from reports that stationery chain Papyrus is closing up shop. The chain had since expanded to some 260 or so retail locations. Total retail growth was 3.8

Retail 183

Retail Millennials Cards social media 183

PYMNTS

MAY 16, 2019

Death, taxes and data breaches – those are perhaps the only sure things in life, and new evidence is emerging that hackers are finding increasing profit in targeting online retailers. The news comes amid yet another online retail cyberattack, this one targeting Japan’s Fast Retailing, the company that owns the Uniqlo retail chain.

Retail 218

Retail Online Cards Data 218

PYMNTS

DECEMBER 26, 2018

A strong national economy and plans to expand and welcome rising revenues allowed business owners and executives to retain a positive outlook, despite potentially disruptive issues like a global trade war. A look into 2019 does show some signs for concern, however, according to a recent report from Dun & Bradstreet. percent, 4.8

Industry 148

Industry United States Taxes Analytics 148

PYMNTS

SEPTEMBER 8, 2020

The retailer said the positive result of the experimental effort brought about its decision to launch Kohl’s Rewards throughout the country. 18 that digital sales jumped 58 percent in Q2 compared to 2019 as its net sales dropped 23 percent amid COVID-19. The news comes as Kohl’s reported on Aug.

National 136

National Retail Marketing Report 136

PYMNTS

JULY 8, 2020

As it does during the first week of every month of the pandemic, attention turns to retail leases. This week found that one of the crisis’ most troubled retailers — Nordstrom — will only pay half of its rent for the balance of 2020. Retail Properties of America, Inc. percent of Q2 2020 rent as of the end of June.

Retail 150

Retail New York City Branding Groups 150

PYMNTS

DECEMBER 10, 2019

The world of quick service restaurants (QSRs) is where it’s at when it comes to so much retail innovation these days. The QSR chain launched the program after testing it for much of 2019, according to an announcement. 3, National Sandwich Day; 18,512 pickles given away on Nov. Domino’s stores across the U.S.

Innovation 131

Innovation Retail San Diego Phoenix 131

PYMNTS

DECEMBER 31, 2019

A little more than a year ago, PYMNTS started tracking the race for the consumer’s whole paycheck between the two retail behemoths that have been expanding their respective ecosystems in the process: Amazon and Walmart. percent of consumer retail spending in the U.S., percent of consumer retail spending in the U.S., population.

Retail 136

Retail Online Georgia North Carolina 136

PYMNTS

OCTOBER 5, 2020

According to the NPD Group , COVID-19 brought the year’s good start to a halt, with March athletic shoe sales down about 40 percent compared to 2019 and taking a 50 percent hit in April. Despite its 37 -state footprint, Werder noted that Fleet Feet thinks of itself as both a national brand and a community retailer.

Technology 131

Technology Retail North Carolina National 131

PYMNTS

JULY 6, 2020

If your business touches retail in any way, it might pay to follow a few important breadcrumbs. million in sales from selling 15,000 cases since its launch in 2019 — to build a strong digital presence. Worse yet, some analysts fear the triggering of break-lease clauses for retailers in malls if anchor stores leave.

Retail 259

Retail Meeting Branding Maine 259

PYMNTS

JANUARY 1, 2019

But relatively high stock prices and access to more capital remain prime temptations, and there is little doubt that 2019 will bring more than few exciting — and telling — IPOs. An IPO reportedly could happen in the second half of 2019. Securities and Exchange Commission that sets the stage for it to go public. Is an IPO in play?

Payments 223

Payments social media Analytics Capital 223

PYMNTS

APRIL 17, 2019

The race to 5G retail is on. Recent news out of Asia serves as solid foreshadowing of how 5G could enhance retail in the coming few years. 5G Retail Plans. South Korea’s SK Telecom and retail conglomerate Shinsegae Group have joined forces on 5G retail, for instance. Even so by the latter part of 2019, the U.S.

Retail 199

Retail Apple Samsung Conference 199

Gonzobanker

DECEMBER 20, 2019

GonzoBankers, 2019 was a year of extremes. Third, read and enjoy the 2019 edition of the GonzoBanker Awards, our 18 th. Mark Turner, Executive Chairman of the Board, WSFS Bank – We have to give the nod to an early 2019 retirement of Turner, who had one hell of a run in 12 years at the helm of a great community and wealth bank.

Idaho 148

Idaho Conference Data Marketing 148

PYMNTS

MAY 15, 2019

Hatton National Bank PLC unveiled the rollout of HNB Solo in Sri Lanka , personal remittances from overseas Filipinos (OFs) are on the rise in the Philippines , and Canadian bank CIBC is launching a new small business platform called CIBC SmartBanking for Business. Welcome to The Axis, your late look at payments news from around the world.

National 109

National Report Apple Google 109

PYMNTS

JANUARY 2, 2019

Much of the 5G focus at CES will indeed revolved around connected cars, which is understandable, given how the mobile and automotive industry are on course to become very close siblings in the coming years, enabling more seamless forms of payments and retailing. The robots aren’t just coming — they are, of course, already here.

Payments 168

Payments Conference Las Vegas Course 168

PYMNTS

APRIL 24, 2017

Recovery has been slow for the national grocer since prices fell in February. Meanwhile, international retail food group Ahold Delhaize (AD) saw shares fall some more, not benefiting from the same springtime boost grocery and other stocks have seen. Kroger (KR) shares also looked to finish up for the week, though only marginally so.

National 108

National Retail Branding Course 108

PYMNTS

OCTOBER 10, 2018

By some accounts, the 2018 holiday season is going to be a bang-up year for retailers. retailers are expected to increase 4.8 percent this year, according to the National Retail Federation (NRF) — well above the 3.9 percent growth seen by the retail market one year ago. Holiday sales for U.S.

Retail 122

Retail United States Seattle Washington 122

PYMNTS

MAY 21, 2019

Banking service Monese now offers Apple Pay through 13 countries in Europe , as the digital payment service has also arrived at National Australia Bank (NAB). retailer Iceland has seen encouraging results from a mobile wallet technology pilot during a marketing campaign. Users who reside in Belgium, the U.K., And in the U.K.,

Apple 108

Apple Retail Mobile National 108

PYMNTS

SEPTEMBER 18, 2020

18, otherwise known as National Cheeseburger Day. Burger King debuted the Impossible Burger to much fanfare in 2019. That’s undoubtedly what inspired Domino’s to create the cheeseburger pizza for National Cheeseburger Day. Beyond Meat reported a strong second quarter on sales of its burgers through the grocery channel.

National 136

National Google California Apple 136

PYMNTS

JUNE 24, 2020

While web users have harnessed eCommerce in numbers that haven’t been seen before amid the COVID-19 heath crisis, eMarketer forecasts the worldwide retail online shopping sales will slow down to a 16.5 percent in 2019. percent of retail sales, Western Europe will account for 16.2 percent growth rate this year down from 20.2

Online 237

Online Retail America National 237

PYMNTS

JUNE 14, 2019

However, in the 2019 Retail Banking Report, a study by Reputation.com that analyzed online data relating to retail banking locations for 23 major U.S. At a high level, retail banking didn’t score as well as other industries with a 341, 174 points lower than retail’s 515.

Retail 103

Retail Study Online Mobile 103

PYMNTS

NOVEMBER 30, 2020

Black Friday shoppers stayed home, delivering a feared blow to brick-and-mortar retailers on what usually is one of their biggest days of the year, the Financial Times (FT) reported. About half as many shoppers as usual visited brick-and-mortar retail locations, the report stated. They’re not going to make it up online.”.

Retail 209

Retail Online Video Analysis 209

PYMNTS

SEPTEMBER 17, 2019

In the meantime, the digital, mobile, delivery and other innovations that are taking place in this sector are also promising to impact retailers and the consumers who shop not only with mom-and-pop stores but with the bigger chains. The latest example of that comes from one of the biggest retail chains out there — Walmart.

Retail 108

Retail Georgia Houston Dallas 108

Bank Innovation

JANUARY 2, 2020

Gartner’s Digital IQ Index for 2019 surveyed 80 banking and financial brands, including national banks, regional banks, online banks and fintech startups. It examined 1,200 data […].

Regional 273

Regional Study Survey National 273

PYMNTS

AUGUST 5, 2019

Connected and self-driving cars and truck stand as some of the next big frontiers when it comes to retail and retail innovation, but challenges to that future — real and potential problems that could slow down progress when it comes to autonomous vehicles — are increasing appearing on the horizon. Societal Issues.

Retail 144

Retail New York Detroit Technology 144

PYMNTS

DECEMBER 23, 2020

percent in 2021’s fourth quarter compared to Q4 2019, according to OECD figures quoted by The Wall Street Journal in early December. percent growth between Q4 2019 and Q4 2021, followed by Indonesia (1.5 In September, the Chinese National Bureau of Statistics announced that August retail sales rose for the first time this year by 0.5

United States 174

United States National Retail Industry 174

PYMNTS

JANUARY 2, 2020

RuPay is a payment network offered by National Payments Corp. 5,000 a day, and the new rule was brought forward through the Income Tax Rules of 2019, with the idea of boosting more digital transactions as well as supporting NPCI, which is a not for profit organization. The fine for non-compliance is going to be ?5,000

Cards 130

Cards blockchain Cyber Security Retail 130

PYMNTS

MAY 31, 2020

Uber has been approved by the National Economic Prosecutor’s Office (FNE), Chile’s antitrust regulator, to acquire the Chilean grocery shopping app Cornershop, according to an FNE statement. Uber first announced it was looking to acquire a stake in the Santiago-based Cornershop app in October 2019.

Online 163

Online Regulation Retail Regional 163

PYMNTS

DECEMBER 20, 2020

Fidelity National Information Services ( FIS ) and Global Payments were in talks to merge in a $70 billion deal, but it didn't end up happening, according to The Wall Street Journal (WSJ). FIS struck a $35 billion deal to buy Worldpay early in 2019, while Global Payments bought Total Systems Services, or TSYS, months after that, WSJ reported.

Report 261

Report Payments National Trends 261

PYMNTS

JULY 22, 2019

But we want to take a few minutes to talk about pop-up shops, and how those temporary but often lucrative retail efforts are shaping commerce — and being shaped by payments — and what could be coming next. Even so, the company has certainly not given up on physical retail. Riding Retail Trends.

Retail 108

Retail Honolulu Branding Trends 108

The Paypers

APRIL 22, 2019

(The Paypers) The National Bureau of Statistics of China has revealed new figures showing that Chinese retail sales grew to USD 1,457 billion in the first quarter of 2019.

Retail 28

Retail National 28

PYMNTS

MARCH 17, 2017

Sometimes all it takes is a new way of looking at things to open up a world of possibilities — at least, that’s what retailers investing in augmented reality (AR) and virtual reality (VR) believe. Meanwhile, other industry projections show that more than 800 million AR apps for retailers will be downloaded by consumers by 2019.

Retail 102

Retail Online Technology National 102