PYMNTS

JANUARY 7, 2021

In today’s top retail news, Walgreens Boots Alliance, Inc. reported that its Retail Pharmacy USA segment had $27.2 billion in sales for Q1 fiscal 2021, while Bed Bath & Beyond reported its digital sales increased by nearly double during its fiscal Q3. Walgreens Retail Pharmacy USA Reports $27.2

Retail 172

Retail New York City New York Texas 172

PYMNTS

MARCH 12, 2020

Quick: Who’s the biggest retailer in the U.S.? In terms of sheer size and locations, the United States Postal Service (USPS) is the biggest retailer in the country, with 31,000 locations covering pretty much every town. Now, a new report is asking a good question: What if the post office expanded its retail offerings?

Retail 169

Retail US Survey Examples 169

PYMNTS

OCTOBER 9, 2018

Pershing Square Capital Management, the activist hedge fund controlled by activist investor William Ackman, now has about a 1.1 According to a report in CNBC at the time, Starbucks said it would slow down the pace of licensed store openings and will shutter underperforming ones that are in highly populated areas.

Capital 128

Capital Management Conference New York 128

PYMNTS

JANUARY 12, 2021

As reported , Walmart is working with Ribbit Capital to create an as-yet unnamed FinTech that would, the companies said on Monday (Jan. 11) “bring together Walmart’s retail knowledge and scale with Ribbit’s FinTech expertise to deliver tech-driven financial experiences tailored to Walmart’s customers and associates.”.

Capital 155

Capital Fintech Retail Tools 155

PYMNTS

MAY 22, 2020

Bad news hit the startup community this week as new analysis from CBInsights revealed a significant decline in venture capital (VC) funding in the first quarter of 2020. India-based Xtracap secured $1 million in angel funding, YourStory reported. There was a nearly 20 percent drop in the number of deals solidified in the quarter, too.

Capital 141

Capital Analytics Fintech Report 141

PYMNTS

OCTOBER 7, 2016

Capital One has reportedly inked a deal to acquire Paribus, a price tracking service, as the credit card company makes another acquisition in the FinTech space. According to a report , Paribus aids online shoppers in getting automatic refunds when the price drops on items they purchased. Card at Capital One, said in the report.

Capital 191

Capital Online Retail Cards 191

PYMNTS

JUNE 5, 2020

The retailer, which employs 85,000 people, filed for Chapter 11 bankruptcy protection last month after the coronavirus forced it to shut its more than 800 stores, which followed years of weak sales. Sycamore is considering acquiring the entire company or making an investment in JCPenney, the news service reported.

Report 136

Report Texas Retail New York 136

Abrigo

APRIL 25, 2024

The report is based on data from Abrigo Small Business Lending Intelligence, a lending decision and monitoring engine powered by Charm Solutions. Data in this report is current as of Q2 2023 and is representative of market trends and conditions at the time of publication. The average size of loans examined here was $637,000.

Lending 221

Lending Trends Capital Strategy 221

PYMNTS

NOVEMBER 28, 2018

retail outfit that sells children’s clothing, is mulling whether to shutter more than half of its 900-store base, Reuters reported Tuesday (Nov. Gymboree was one of a wave of 20 retailers that have filed for bankruptcy since the start of 2017. Gymboree, the U.S. 27), citing people “familiar with the matter.”.

Retail 152

Retail Capital Branding Groups 152

PYMNTS

NOVEMBER 1, 2018

Deutsche Bank, the German bank, has seen Hudson Executive Capital, the hedge fund run by JPMorgan Chase’s former Chief Financial Officer Doug Braunstein, take a 3.1 According to a report in the Financial Times , citing Braunstein, the hedge fund built a position in Deutsche Bank valued at €550m. percent stake in the bank.

Capital 134

Capital Compliance Report Strategy 134

PYMNTS

DECEMBER 14, 2020

In today’s top retail news, Bed Bath & Beyond Inc. has entered into a definitive deal to sell Cost Plus World Market to Kingswood Capital Management, while Authentic Brands is reportedly in discussions with Arcadia Group and Debenhams. Bed Bath & Beyond Strikes Deal To Sell Cost Plus World Market. Riley Securities Inc.

Branding 131

Branding Groups Retail New York 131

PYMNTS

DECEMBER 28, 2020

The dreaded returns season has hit retail with a predictable but painful thud. With Mastercard putting a 49 percent tag on the eCommerce spike for the holidays, this year will be the toughest on record for handling what is a resource- and capital-intensive task. In the brick-and-mortar retail era it was a nuisance to be avoided.

Customer Experience 216

Customer Experience Retail America Branding 216

PYMNTS

JULY 9, 2020

Movie-theater giant AMC Entertainment Holdings’ reported deal to avoid bankruptcy is running into a roadblock as some creditors oppose the deal , according to Bloomberg News. But a group of existing first-lien lenders including Apollo Global Management Inc., Ares Management Corp. and Eaton Vance Corp.

Report 174

Report Los Angeles Kansas Groups 174

PYMNTS

OCTOBER 17, 2017

17) Capital One announced news of its Savor Card , a cash back credit card that gives foodies cash back rewards on dining, groceries and general retail purchases. Card at Capital One. Like other Capital One credit cards, consumers incur no transaction fees when using the card abroad. .

Capital 116

Capital Cards Retail Report 116

PYMNTS

NOVEMBER 1, 2020

Executives at MCI Capital , the biggest publicly traded private equity firm in Poland, are optimistic that a recent record-breaking initial public offering (IPO) in the eCommerce space bodes well for the industry, Bloomberg reported. Online retailer Allegro.eu

ATM 243

ATM Leadership Capital Online 243

PYMNTS

MAY 29, 2020

Both Walmart and Amazon made some big add-ons and/or acquisitions this week as they attempt to widen their sphere of retail influence in a post-pandemic world. Reports out this week indicate that Amazon is in serious talks to buy self-driving car startup Zoox. “We Reuters reports indicated that a deal could be weeks away.

Retail 131

Retail Capital Online Video 131

PYMNTS

NOVEMBER 24, 2020

Retailers, in particular, are wary of adopting 2FA because of the frictions the method can present, and their fears are not without merit. Technology giant IBM and Dublin-based client lifecycle management solutions company Fenergo recently partnered to use AI and analytics on the IBM Cloud to help FIs more easily onboard customers.

Online 272

Online Report Customer Experience Analytics 272

PYMNTS

JULY 30, 2019

One of the biggest retail stories as we head into 2020 is how India is a battlefield of digital commerce, along with a hotbed of retail innovation. According to that report, Udaan has some 2 million buyers in 900 cities and towns across India, along with up to 35,000 wholesale buyers. The company was founded in 2016.

Retail 108

Retail social media eBook Report 108

PYMNTS

MARCH 23, 2020

A cloud-based rebate company called Enable has raised $13 million in a Series A funding round, according to a report. company calls itself a “rebate management solution” with the goal of helping manufacturers and retailers handle rebates. Menlo Ventures led the round and Sierra Ventures participated.

Management 130

Management Software Retail System 130

PYMNTS

SEPTEMBER 5, 2019

Luxury retail is being revised — and in some cases, reinvented — and those trends are worth attention as the 2019 holiday shopping season approaches. Not only that, but the luxury online consignment retailer opened a brick-and-mortar store on New York City’s famed Madison Avenue. Indeed, in its recent U.S. has notched $300 million.

Retail 123

Retail New York New York City Philadelphia 123

PYMNTS

MAY 13, 2019

In the unattended retail space, vending operators are also becoming more aware of the shifting behaviors of their shoppers and the need for swift and digital payment options. That smaller size opens up whole new markets, and gains access to spaces that have never had a retail experience [as] a part of it.”.

Retail 177

Retail Marketing eBook Atlanta 177

PYMNTS

DECEMBER 30, 2020

Highlighting the increasing interest in this startup space is this week's B2B venture capital roundup, which recaps the final two weeks of 2020 in B2B FinTech investments. There were several notable rounds, including high-value deals for supply chain management, B2B eCommerce and small business banking. Deliveristo. CloudTrucks.

Capital 211

Capital Management Operations Security 211

PYMNTS

JANUARY 4, 2019

Luxury retail company Saks Fifth Avenue is closing a two-year-old location at Manhattan’s Brookfield Place, a move that spotlights the intensifying competition from other high-end retailers for physical space amid shoppers’ exodus to online shopping. Physical U.S. department store sales declined 1.3

Retail 134

Retail New York Maine Online 134

PYMNTS

NOVEMBER 6, 2020

billion for a part of Reliance Retail Ventures Ltd., Into Reliance Retail. billion for an equity share of roughly 2 percent in Reliance Industries subsidiary Reliance Retail Ventures Ltd. billion for an equity share of roughly 2 percent in Reliance Industries subsidiary Reliance Retail Ventures Ltd.

Retail 100

Retail Analytics Payments Fraud 100

PYMNTS

MAY 28, 2018

The parent company of Eddie Bauer and Pacific Sunwear of California is considering a merger of the two retailers in an effort to consolidate stores, as well as survive a prolonged downturn in the American brick-and-mortar retail sector. Eddie Bauer also declined to comment, while Pacific Sunwear could not be reached for comment.

Capital 100

Capital California Retail Washington 100

PYMNTS

APRIL 7, 2017

This week, the two countries were the only markets that landed on the B2B venture capital board, with funding landing at SaaS, Big Data and procurement startups across a range of industries, from corporate social media management to marijuana procurement. PYMNTS breaks down the $24 million in venture capital raised.

social media 109

social media Big Data Capital Data 109

PYMNTS

APRIL 28, 2020

As if closing stores, laying off workers and incurring mounting debt amid the coronavirus pandemic wasn’t bad enough, now retailers face another obstacle, Bloomberg News reported. Last week, PYMNTS reported that Macy’s will try to raise as much as $5 billion in debt to weather the pandemic crisis. Macy’s has about $2.2

Policies 225

Policies Capital Retail Report 225

PYMNTS

JUNE 14, 2018

Consumer confidence seems to have returned in a big way in May as retail sales soared to their highest level since November 2017, according to news from The Wall Street Journal. Excluding auto sales, which have a tendency to bounce up and down frequently month to month, retail spending was up.9 Retail sales are up 5.9

Retail 108

Retail Taxes Course Capital 108

PYMNTS

MAY 3, 2019

Brick-and-mortar retailers are changing the way they manage their workforces in the age of Amazon: Walmart , for instance, is testing multiple versions of a new team structure called the “Great Workplace” in some of its locations. In terms of Walmart’s other efforts, the retailer is also focusing on features such as grocery pickup.

Retail 100

Retail St. Louis San Diego Los Angeles 100

PYMNTS

NOVEMBER 16, 2018

Through a reported funding round, digital wealth management startup Acorns Grow Inc. Such a round could potentially provide the company with a valuation of more than $700 million, Bloomberg reported. The reported round was not included in their estimate.). 1, it was reported at the time.

Report 133

Report Cards ATM California 133

PYMNTS

AUGUST 14, 2019

As PayPal reaches saturation points in Western markets, it wants to continue to expand internationally, especially in India, where the country’s 450 million mobile users make it an attractive target for retailers. PayPal considers the country critical to its growth.

Mobile 181

Mobile Capital Regional Google 181

PYMNTS

JANUARY 22, 2021

While 2021 has kicked off with a bang in the venture capital arena — with several high-value investments on the books — this week's B2B VC roundup is all about the seed rounds. Young B2B FinTechs secured some of their first investments in areas that include small business accounting, alternative lending and financial management.

Security 204

Security Fintech Capital Management 204

PYMNTS

JUNE 24, 2020

Zopa , the United Kingdom-based peer-to-peer (P2P) lender, has reached its latest milestone and received its banking license as it takes on traditional banks, the Financial Times reported. “We In December, PYMNTS reported Zopa expected to receive £130 million ($1.67 Capital One was one of the earlier disrupters,” Janardana said.

Security 215

Security Capital Cards Report 215

PYMNTS

AUGUST 7, 2019

Those two retail trends have recently collided in Southeast Asia, where Carro, an automotive marketplace and financing provider, reportedly has bought Jualo, an online marketplace for used goods from some 300 product categories. According to the report , the deal comes as Carro raised some $30 million in fresh capital.

Online 112

Online Retail Trends New York 112

PYMNTS

AUGUST 15, 2018

Some prominent hedge fund managers are feeling optimistic about the U.S. economy, especially when it comes to retail and technology. There were some cuts though, with large hedge fund managers slashing their positions in Facebook , Apple , Amazon , Netflix , and Google-parent Alphabet.

Retail 100

Retail cryptocurrency Apple Google 100

PYMNTS

NOVEMBER 27, 2019

True Food Kitchen , in one case, has created its menu around recipes that Dr. Andrew Weil inspired with anti-inflammatory ingredients and is mulling raising new private capital, Bloomberg reported. I love bringing people together over a good meal,” Winfrey said in a statement per past reports. Its sales increased 22.3

Retail 101

Retail Innovation Las Vegas United States 101

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