PYMNTS

JANUARY 11, 2021

India-based Goldiam International has completed the soft launch of its B2B website after the acquisition of Eco-Friendly Diamonds , a successful CVD diamond growing company, a report from Business-Standard says. retail jewelry industry. The company's stocks were at Rs235.45 per piece up by 0.62

Retail 197

Retail US User Experience Innovation 197

PYMNTS

NOVEMBER 18, 2020

A rebound in retail sales in the United States has resulted in a quicker than expected resurgence in shipping demand, with Maersk now expecting EBITDA to weigh in between $8 billion and $8.5 billion, the company said, according to a Reuters report. That’s up roughly $500 million from its previous range of $7.5 billion to $8 billion.

Retail 215

Retail US United States Online 215

The Paypers

MAY 20, 2024

US-based digital consultancy company Astound Digital has partnered with Shopify to improve customer experiences, reduce costs, and increase conversion rates for retail.

Retail 73

Retail Customer Experience US Company 73

PYMNTS

JUNE 23, 2020

Some of the largest online and brick-and-mortar retailers in the United States have spent more than $7 billion for everything from Plexiglas partitions and face masks to extra pay since the coronavirus crisis hit in March. Testing alone will cost the company $300 billion in the second quarter, and $1 billion during 2020.

Retail 141

Retail US United States Online 141

PYMNTS

DECEMBER 27, 2020

Across our expanded 75-day holiday shopping season , sales were up 3.0%, a testament to the holiday season and strength of retailers and consumers alike.”. The National Retail Federation had forecast an increase for the season, year over year, of between 3.6 retail locations this year compared to last, the Journal reported.

Retail 184

Retail US Data Analytics 184

PYMNTS

NOVEMBER 9, 2020

For most of us, a stroll down the chilled or frozen food aisle in the supermarket is essentially an in-store version of window shopping. From a business standpoint, we believe that things like sales lift are obviously a really important metric,” Dravenstott said, “and you don't hear that much in brick and mortar retail.

Retail 277

Retail Innovation Video Chicago 277

PYMNTS

MARCH 22, 2018

One retailer’s loss could be another retailer’s gain: Even though Toys R Us is facing bankruptcy, other retailers may benefit from the embattled toy retailer’s demise. Amazon could take over some of Toys R Us’ stores, which may be soon vacant as the retailer winds down its operations. Pop-Ups R Us.

US 139

US Retail Branding Examples 139

PYMNTS

JULY 19, 2020

companies now say that’s not enough. The London-based, international sandwich shop chain is just one of many retailers and service delivery providers that once considered the impacts of the pandemic to be temporary. Despite trimming jobs and minimizing operations as COVID-19 spread earlier this year, large U.S.

Company 175

Company US Philadelphia New York 175

PYMNTS

DECEMBER 11, 2018

Retailers are doubling down on toys amid a gap in the market left by the bankruptcy of Toys R Us. toy retailer Hamleys , for instance, is eyeing a potential New York City location for a flagship store. The atmosphere comes as brick-and-mortar retailers have to differentiate themselves from their eCommerce counterparts.

Retail 166

Retail US New York City Los Angeles 166

PYMNTS

DECEMBER 26, 2018

Months after Toy R Us sought to liquidate its holdings in the United States, merchants have taken up space left behind by the toy retailer. Green Street Advisors, a real estate research firm, wrote in a note, “Many Toys R Us leases have significant remaining term at rents that are well below market.”.

US 110

US Retail Maryland United States 110

PYMNTS

JANUARY 17, 2020

Commerce Department, retail sales were up for the third consecutive month as of December of last year, and buying was broad-based across several categories – with the exception of autos. In terms of headline numbers, retail sales overall were up 30 basis points. Looking beyond the sequential showings, December retail sales were up 5.8

Retail 132

Retail US Examples Online 132

PYMNTS

DECEMBER 14, 2020

Although the installment concept is hardly new, Afterpay’s platform and growing catalog of retailers has brought fame and fortune to the company and its founders. A big part of Afterpay’s growth stems from the fact that its super-simple service is appealing to both customers and retailers alike. Preference For Debit.

US 322

US Retail Cards Millennials 322

PYMNTS

MARCH 20, 2020

CNBC’s Jim Cramer said on Friday (March 20) that he’s worried one of the consequences of the coronavirus pandemic will be that there will be only three retailers left in the U.S., If we come out of this later, there are going to be three retailers in this country,” the “Mad Money” host said. according to a report by CNBC. “If

Retail 136

Retail US Industry Company 136

PYMNTS

MARCH 2, 2020

s most high-profile retailers is doing well in the U.S. and another one is ready to open, both of them seeking a new market as their home turf sees retail struggles. s fastest growing brick-and-mortar retailer, Wren Kitchens. And also in training our retail staff to offer the customer a fantastic service.”. expat effort.

Retail 132

Retail Marketing US Connecticut 132

PYMNTS

MAY 15, 2018

Toys R Us CEO Dave Brandon — along with other members of the leadership team and the majority of employees—are leaving the company. A company spokesperson confirmed to Retail Dive that Brandon and the executives “fulfilled their professional and fiduciary responsibilities to the company.”. and elsewhere.

US 100

US Company Leadership Retail 100

PYMNTS

FEBRUARY 12, 2019

Even with the liquidation of Toys R Us operations in the U.S., Now, the company is looking to restart the brand in places such as the U.S. consumers can engage with Toys ‘R’ Us and Babies ‘R’ Us again this holiday season.” consumers can engage with Toys ‘R’ Us and Babies ‘R’ Us again this holiday season.”

US 104

US Retail Regional Branding 104

PYMNTS

JANUARY 6, 2019

Despite a record-breaking holiday season for retailers in 2018, the strength of the industry’s recovery is being called into question as data emerges that shows declining traffic in stores and a slowdown in the rental growth at malls. For the last quarter of 2018, The Financial Times reported the price of rent increased 0.8

Retail 123

Retail US Apple Data 123

PYMNTS

NOVEMBER 16, 2020

When he first came up with the idea for an eCommerce technology company, Co-founder and CEO Finbarr Taylor was in the process of plowing through this story of medieval Japan. He needed a name for the company and liked the book. It enables companies like Leesa to import their product data during an expansion to a new region.

Retail 226

Retail Regional Branding Tools 226

PYMNTS

JUNE 25, 2020

Or maybe they’re both as several types and sizes of retailers step up to sell non-medical face masks. The retail face mask efforts range from small to big companies. MaskClub is owned by Trevco, a licensing company with over 800 licensed brands. This is a long-term play for us. Subscriptions are $9.99

Retail 257

Retail Guidelines Millennials Branding 257

PYMNTS

APRIL 1, 2018

Amid plans and proceedings underway for liquidation, Toys R Us found a silver bullet in its quest for salvation. With one simple stroke of a digital pen, so to speak, the toy icon changed its name to Blockchain R Us. They did it for the children. The name change’s impact was sweeping.

blockchain 134

blockchain US Company Bitcoin 134

PYMNTS

JANUARY 14, 2021

Retailers made all sorts of quick pivots to their eCommerce sites as the pandemic unfolded, but in-store legacy technology proved to be an obstacle for many of them. We’ve lived through COVID with them … and our new platform is something that allows us to expand that end-to-end strategy.”. Unveiled Wednesday (Jan. Enter Elera.

System 189

System Retail US Data 189

PYMNTS

DECEMBER 28, 2020

Sage , which works in cloud business management, is working with digital operations platform Brightpearl on helping retailers utilize the cloud for their operations, a press release says. This investment will allow us to expand the platform and provide even better service, increase our product innovation and our fabulous team globally.”.

Retail 177

Retail Operations Customer Experience Online 177

PYMNTS

JANUARY 3, 2021

A surge in eCommerce returns driven by COVID-19-related policy changes is hurting retailers but helping logistics companies, the Financial Times reports. If retailers can't restock the item, they lose whatever they paid for it. As undesirable as accepting returns is, retailers are trapped, the Financial Times noted.

US 271

US Retail Policies Online 271

PYMNTS

MARCH 17, 2020

Companies worldwide are requiring or recommending that employees work off-site as a way to contain the coronavirus. Online retailers have to be wary of scams centering around the deadly coronavirus as it now makes its way across the world. Attorney General William Barr wrote in a Monday internal memo to all U.S.

Company 130

Company US Compliance Study 130

PYMNTS

JANUARY 19, 2020

Other companies that you think might have big consumer markets share — the auto companies, the soft drink companies, the beer companies — they have massively more consumer share [than BofA],” he said. Moynihan believes doubling Bank of America’s retail business could happen without opening more branches. “If

America 113

America Retail US United States 113

PYMNTS

SEPTEMBER 4, 2018

Major retailers are stepping in to fill the void left by Toys R Us: Walmart , in particular, is growing its toy assortment by 30 percent in its brick-and-mortar stores, and by 40 percent online. To that end, the retailer is rolling out “thousands” of additional items to give customers more options.

US 100

US Retail Marketing Branding 100

PYMNTS

FEBRUARY 2, 2017

A group of retailer lobbyists, energy companies and the auto industry is gearing up to fight against a proposed U.S. The group is also trying to send the message that companies focused on exports may see their federal taxes cut, potentially even to zero. while hurting those that use low-cost suppliers outside of the U.S.

Taxes 100

Taxes Retail Company US 100

PYMNTS

JANUARY 24, 2021

retail presence in recent decades, is reversing course and closing all its North American brick-and-mortar locations, according to numerous online news sources citing a company statement. In December, Yildiz placed Nurtac Ziyal Afridi at the helm of Godiva long-term after she spent two months running the company on an interim basis.

Puerto Rico 287

Puerto Rico US New Jersey United States 287

PYMNTS

JULY 6, 2018

Following the closure of Toys R Us stores in June, retailers in the hobby and off-price segments may fill some of the larger empty big-box spaces. In January, the hobby retailer had arrived at a store count of 800 and, in June, the retailer had seven new stores. Months after Toys R Us announced it would liquidate its U.S.-based

US 184

US Retail Conference Report 184

PYMNTS

JUNE 29, 2020

The financial press completely missed the news in CEO John Donahoe’s statements within and around its earnings last week , focusing instead on the company’s $790 million loss – which admittedly is worth a big headline. But more important than the scale of the loss is what Donahoe and his team are doing to reboot the company.

Retail 203

Retail User Experience Examples Training 203

PYMNTS

JULY 24, 2019

The Justice Department is right to be looking into Amazon’s practices as part of its antitrust review of big technology companies, Treasury Secretary Steven Mnuchin said Wednesday (July 24). . “I A broad antitrust review of big technology companies was announced by the Justice Department on Tuesday (July 23).

Retail 128

Retail US Massachusetts United States 128

PYMNTS

DECEMBER 16, 2020

In addition, Openpay has a Software-as-a-Service (Saas) platform called Openpay for Business, which helps companies manage trade accounts end-to-end, the release stated. launch is "possibly the most significant announcement" in some time for the company. "We

US 305

US Management Software Industry 305

Bank Innovation

JANUARY 27, 2020

customers, the company confirmed to Bank Innovation on Monday. The company, which launched in the U.S. What’s made us successful is that we’ve had a number of years globally to figure out what design, usability and overall customer approach […]. Berlin-based digital banking startup N26 has 250,000 U.S.

US 243

US Digital Banking Innovation Company 243

PYMNTS

JUNE 12, 2020

To provide parents, teachers, owners of small companies and telecommuters with an additional avenue to shop, Staples US Retail teamed with Instacart to roll out same-day delivery from over 1,000 U.S. Instacart Vice President of Retail

US 141

US Retail Company 141

PYMNTS

JANUARY 25, 2021

The National Retail Federation ’s annual convention may have come and gone but the sentiments, strategies and lessons learned from facing nearly a year of pandemic-led changes by some of the world’s largest merchants are going nowhere fast — especially when it comes to their embrace of increased digitalization. We’re not a data company.

Community 269

Community Retail Strategy National 269

PYMNTS

NOVEMBER 24, 2020

It became the first brick-and-mortar retailer to earn the majority of its revenue from eCommerce as 54 percent of its third-quarter take came from digital channels. “We But we also know that we must translate the heritage of service that defines us more effectively in this digitally connected world.

Retail 221

Retail US Online Taxes 221

PYMNTS

JULY 14, 2019

So far this year, 7,062 retail stores have closed, and that number could reach as high as 12,000, which would be an all-time record, according to a report by CNBC. Part of the reason is the changing retail landscape. Fred’s, a pharmacy retail store, will close 129 locations this year.

Retail 108

Retail US Branding Online 108