Bank Innovation

APRIL 7, 2016

The New York Times covered the subject — and the word — in depth yesterday, in a special section called “Fintech’s Power Grab.” Ok, it’s safe to say fintech has hit the big time. ” The lead item, by Andrew Ross Sorkin of CNBC fame, focuses on the fintech challenge to Read More.

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New York Fintech social media Operations 150

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

JUNE 10, 2020

As retail reopens and starts to spur some optimism for the future, a dark number appeared on the scene on Tuesday (June 10). Coresight released a report that says 25,000 retail storefronts will close by the end of the year. After all, they have access to capital, and they have shown strong balance sheets in the past.

Retail 131

Retail New York City Online Trends 131

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.

Branding 131

Branding Groups Retail New York 131

Abrigo

DECEMBER 18, 2023

WATCH Takeaway 1 Banks and credit unions are critical sources of capital for businesses in their communities, so how institutions assess CRE credits matters. Takeaway 3 Loan-level stress testing can help assess repricing risk, while capital stress testing helps clarify the impact of CRE loan losses on capital.

Risk Management 221

Risk Management Management Lending Capital 221

PYMNTS

JANUARY 18, 2017

Letgo , the online used goods marketplace, secured $175 million in funding. Billing itself as a “hyperlocal marketplace optimized specifically for mobile use,” letgo’s app has geolocation-based search and instant chat, which the company says links buyers and sellers instantly.

Capital 100

Capital Online New York Google 100

PYMNTS

DECEMBER 4, 2019

With its perfume that has a cult-like following, Glossier is opening temporary shops in seven Nordstrom locations, with the inclusion of the retailer’s New York flagship. A Nordstrom partnership should help Glossier reach more shoppers who don’t reside close to its Los Angeles and New York stores, per the report.

Los Angeles 131

Los Angeles New York Miami Austin 131

Bank Innovation

JUNE 4, 2019

Online payments giant PayPal is a strategic investor in Stockholm-based open banking platform Tink, the companies announced today. million) Series D funding round, led by New York-based venture capital firm Insight […]. A spokesperson for Tink told Bank Innovation that PayPal's €10 million ($11.2

New York 170

New York Capital Innovation Online 170

CB Insights

FEBRUARY 13, 2020

As businesses and consumers become more comfortable using credit cards online, the proportion of US commerce that takes place online has steadily increased over the last 20 years. Specifically, the Collisons aimed to more seamlessly connect online businesses and payment processors, allowing more businesses to accept online payments.

Online 98

Online Company Retail Payments 98

PYMNTS

NOVEMBER 4, 2019

As the buyer of the luxury retailer brand negotiates with the store’s landlord, Barneys New York’s flagship store on Madison Avenue in Manhattan will stay open for at least another year in a smaller form. Its warehouse stores are located in Central Valley, New York and Livermore, California.

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PYMNTS

OCTOBER 7, 2020

By the time retailers get to Black Friday , they will have worked through almost two months of sales events – both proprietary and otherwise – from competitors ranging from Amazon to Target to Walmart. COVID-19 shows no signs of abating – in fact, fears of a second wave have already hit New York City, among other metro areas.

Millennials 241

Millennials New York City Retail Study 241

PYMNTS

SEPTEMBER 17, 2020

The company has talked with potential investors for an IPO that could come later this year, the sources told the news outlet. “We We continue to evaluate capital options and are excited about our industry position,” CEO Anthony Hsieh told Bloomberg. is the nation’s largest retail mortgage lender. Quicken Loans Inc.,

San Francisco 160

San Francisco New York Lending California 160

PYMNTS

SEPTEMBER 14, 2020

As it plans to bring 100 new operations facilities online in September, Amazon announced on Monday (Sept. 14) that it is hiring for 100,000 new regular positions across the U.S. In separate news, Amazon plans to expand its “ tech hubs ” in six cities and to fulfill “3,500 new tech and corporate jobs” throughout the country.

Operations 141

Operations San Diego Detroit Phoenix 141

PYMNTS

JANUARY 19, 2018

A popular eCommerce retailer, which has been called the “Costco for millennials,” is attracting potential investors, according to The New York Post. With warehouses in New Jersey, Dallas, Las Vegas and Atlanta, Boxed offers bulk-sized products similar to those found at big warehouse retailers like Costco Wholesale.

Millennials 128

Millennials Las Vegas New Jersey New York 128

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

DECEMBER 13, 2019

Although retailers kicked off an earlier shopping timetable, toy discounts have plummeted this holiday season, Bloomberg reported on Thursday (Dec. There were fewer discounts on toys for online shoppers, despite an average of 15-18 percent price cuts into Cyber Monday. Barbie from Mattel is still the most popular holiday toy for girls.

New York 131

New York Retail Online National 131

PYMNTS

SEPTEMBER 18, 2019

Among the defining endeavors of our time — at least for the worlds of payment and commerce — has been to bring brick-and-mortar retail stores into the new century. It’s an ongoing effort that has probably seen more failures than success stories, but that’s certainly not keeping people from betting on new innovations.

How To 176

How To New York City Retail Mobile 176

PYMNTS

DECEMBER 10, 2020

The New York- and Paris-based company has been a favorite of several high-end brands, and bills itself as a “social selling solution (B2B) enabling brands to activate their network of social sellers with a turnkey business to inspire on social media, sell online and connect with consumers anytime, anywhere.”

social media 257

social media Video Branding Online 257

Bank Innovation

SEPTEMBER 6, 2019

As banks increasingly take transactions to digital channels, the process to acquire customers also is shifting online thanks to technology that matches product offers to customers based on data. This week, the New York-based company confirmed a $25 […].

New York 170

New York Online Data Technology 170

PYMNTS

NOVEMBER 1, 2017

Walmart will no longer carry Danskin brand apparel products in its stores or on its website, according to New York Post reports from Tuesday (Oct. The retailer will remove the products from its shelves in 15 months. . Danskin is a 135-year-old brand owned by parent company Iconix Brand Group and generating $15.5 On Monday (Oct.

Branding 104

Branding New York Retail Capital 104

PYMNTS

MAY 18, 2017

Short-term retail rental startup Appear Here , a company whose marketplace was built to serve the growing ‘pop-up’ trend in retail, just recently raised some $12 million in a Series B venture funding round. as well as internationally, breaking into Paris and more recently New York City.

New York City 100

New York City New York Retail Online 100

PYMNTS

FEBRUARY 22, 2017

Bulletin — described as “WeWork for retail” — opened its second New York City retail space this week while also raising funds in anticipation of opening additional NYC locations as well as eventually branching out to other cities.

Los Angeles 101

Los Angeles New York City New York Houston 101

PYMNTS

MAY 3, 2019

Co-Founder and CEO Eran Shust told PYMNTS in an interview that the aim is to bring more options to the table and enable travelers to “choose something not out of the specific package[s] that most of the OTAs [online travel agencies] are offering.”. Travelers visit the company’s website and search for a destination, such as New York.

Online 100

Online Innovation New York Marketing 100

PYMNTS

MAY 7, 2018

As Alibaba looks beyond eCommerce to expand its empire, some investors are getting nervous: Since January, the eCommerce retailer has lost approximately $60 billion in market value, The New York Times reported. Beyond Hema, Alibaba is building a physical mall to meld the worlds of offline and online commerce.

Retail 100

Retail New York Online Strategy 100

PYMNTS

DECEMBER 7, 2020

The new price would value Airbnb at $42 billion on a fully diluted basis. Online payments firm Paysafe is nearing a deal with billionaire Bill Foley to go public with a special purpose acquisition company (SPAC) merger. Airbnb, which plans to hold its initial public offering (IPO) on Thursday (Dec.

Payments 131

Payments Apple Video New York 131

PYMNTS

SEPTEMBER 8, 2020

That’s the oversimplified view of the business model adopted by Wardrobe , a new kind of peer-to-peer fashion rental company that on Tuesday (Sept. 8) is breaking out of its New York City beta test and into a nationwide launch. It has a network of dry cleaners (40 currently in New York City) that are happy for the extra revenue.

Los Angeles 235

Los Angeles New York City Meeting New York 235

PYMNTS

AUGUST 17, 2016

Pixlee , a San Francisco-based startup, allows retailers or brands to market directly to customers by using their own photos through curating them from social media or having the customer directly submit them for use, which the company says leads to a more authentic and engaging shopping experience for consumers.

San Francisco 100

San Francisco Retail social media Marketing 100

PYMNTS

JUNE 28, 2019

The company has notched a total of $288 million in funding from venture capital and private equity backers, including Great Hill Partners, Greycroft, PWP Growth Equity, Sandbridge Capital, Industry Ventures and Canaan.

Delaware 100

Delaware United States New York Capital 100

PYMNTS

FEBRUARY 16, 2018

As a result, our eCommerce business is now approximately $1 billion in annualized retail sales, and we are well-positioned to capitalize on what is sure to be a dynamic future in this space,” Nooyi told investors. And the numbers in this regard don’t lie: Physical retail is growing at a rate of about 3.6

Retail 124

Retail Branding Mobile Strategy 124

PYMNTS

APRIL 1, 2019

With a Series D round under its belt, the New York-based high-end marketplace 1stdibs has notched $76 million in funding. Other participating investors included prior backers Benchmark, Spark Capital and Index Ventures, according to reports. investments. However, the company doesn’t speak to only one audience with its content.

New York 100

New York Capital Report Retail 100

PYMNTS

JUNE 29, 2020

Wealthfront , the online investment service firm, has added checking features to its app. Dan Carroll, co-founder and chief strategy officer of Wealthfront, said the retail branch model used by traditional financial institutions is broken, and the recent shelter-in-place orders exacerbated the existential threat banks face.

Fintech 151

Fintech California New York ATM 151

PYMNTS

NOVEMBER 19, 2020

Dutch global grocery conglomerate Ahold Delhaize — the firm behind grocery behemoths Giant and Stop & Shop — has acquired a majority stake in supermarket delivery startup FreshDirect in an attempt to up the level of its digital grocery offerings amid the online shopping surge created by COVID-19. “We Farmstead Picks Up $7.9M

District of Columbia 142

District of Columbia North Carolina Retail Online 142

PYMNTS

JUNE 26, 2020

Now trading on the New York Stock Exchange under the symbol ACI, the chain sold 50 million shares at $16 per share, bringing in $800 million – well below the 68 million shares and $1.5 We are pleased to offer shoppers multiple options when it comes to ordering online – from in-store pickup to contactless delivery.

Idaho 224

Idaho New York Online Capital 224

PYMNTS

JANUARY 21, 2021

Southeastern Grocers has sought to trade on the New York Stock Exchange under the “SEGR” ticker symbol. Additional book-running managers for the IPO include Wells Fargo Securities, BMO Capital Markets and Deutsche Bank Securities Inc. 21) announcement. The supermarket company itself is not selling any shares.

Idaho 167

Idaho New York Security Branding 167

PYMNTS

FEBRUARY 20, 2020

Lucaciu is the chief technology officer of Adore Me , an eCommerce and brick-and-mortar retailer that has adjusted to disruptive changes in its market, including the bankruptcy of the parent company of Victoria’s Secret. We’re focused on capital efficiency,” he noted. “We Adore Me is ranked No. PYMNTS research shows that 1.9

UX 210

UX Retail Technology Mobile 210

PYMNTS

FEBRUARY 28, 2017

The retailer confirmed the shares, which are likely to raise $163.3 J.Jill itself will not receive money from this sale, but it will be listed under the JILL ticker on the New York Stock Exchange. The retailer reported $617 million in sales for the one-year period ending on October 29, 2016. million to 186.7

New York 100

New York Retail Branding America 100

PYMNTS

JANUARY 14, 2021

Nike is suing 589 websites, the owners of 676 social media accounts and more than 100 unidentified companies and individuals for allegedly selling counterfeit versions of its Nike and Converse shoes online. Nike wrote in a lawsuit filed in the U.S.

Los Angeles 309

Los Angeles social media United States New York 309