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

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

NOVEMBER 19, 2020

Dutch retailer Ahold Delhaize — owner of grocery behemoths Giant and Stop & Shop — has acquired a majority stake in supermarket delivery startup FreshDirect amid an online shopping surge propelled by COVID-19. “We Delhaize, founded in 2016 from a merger of Ahold and Delhaize Group, is among the biggest supermarket operators in the U.S.

Retail 153

Retail New York City New York Operations 153

PYMNTS

MAY 8, 2020

The funds will be managed by Ron Bloom, managing partner and vice chairman of Brookfield’s private equity arm, who said the focus would be on helping small businesses get back on their feet. “We Brookfield has been moving in on mall-centric retail for some time, acquiring all of the stake for U.S.

Las Vegas 141

Las Vegas Retail Illinois Groups 141

PYMNTS

JANUARY 19, 2021

National Australia Bank (NAB) has chosen Eedenbull to integrate its payment and spend management technology for SMB customers. NAB will add Eedenbull’s Q Business platform to its offering to help SMBs track and manage spend, as well as to automate compliance controls. Absa Group Collabs With Surecomp. BNL Goes Live With Tink.

Fintech 341

Fintech National Groups Tools 341

PYMNTS

FEBRUARY 7, 2020

The rise of eCommerce has been an inexorable one, and the retail landscape has shifted for retailers. In a statement earlier in the week, Macy’s CEO Jeff Gennette said there is a “clear vision” moving forward, as Macy’s seeks to “fit into retail today.” Welcome, perhaps, to the mauling of the Great American Mall.

Retail 143

Retail New York Analytics Apple 143

PYMNTS

MARCH 16, 2020

The group also recently asked for a drop in business rates and rent in relation to its balance sheet restructuring, which could potentially involve a process that would turn 100 million pounds ($122.4 The chain went through two insolvency events in 2019, and it expects the virus to adversely affect trading. million) of debt into equity.

Groups 142

Groups Maine Leadership Retail 142

PYMNTS

JUNE 10, 2019

Oracle has announced new enhancements for its Retail Brand Compliance Management Cloud Service , which will enable retailers to monitor the integrity of their materials and end products. The biggest names in grocery rely on Oracle Retail Brand Compliance to meet these expectations, while protecting their customers and brands.”

Compliance 115

Compliance Retail Branding Analytics 115

PYMNTS

SEPTEMBER 3, 2019

Europe’s The Restaurant Group (TRG), which operates over 650 restaurants and pubs across the country, is closing 150 eateries, Financial Times reported on Tuesday (Sept. Known for owning Frankie & Benny’s and Chiquito, the company is shuttering restaurants following an £87.7 million pre-tax loss for the first half of this year.

Groups 109

Groups Taxes Branding Study 109

PYMNTS

JUNE 8, 2018

After news surfaced in May that Golden Gate Capital was considering a merger of Eddie Bauer and Pacific Sunwear of California , the private equity firm has created a new operating company comprised of the two retailers. The group, which is estimated to take in $1.5

Operations 100

Operations Company California Branding 100

Independent Banker

JANUARY 1, 2022

By: Lauren Kirkley, Group President, Print, Payment & Engagement Solutions, Vericast. Retailers have adapted by leveraging access to groundbreaking technology and a wealth of data to rebuild relationships, strengthen new ones, and bolster their brand through increased personalization, more empathy and consistent, relevant messaging.

Retail 103

Retail Community Branding Study 103

PYMNTS

APRIL 27, 2020

Amid the retailer’s reported impending bankruptcy, an investor group is intending to provide an alternative to a $600 million financing arrangement for Neiman Marcus Group and pressure it toward a sale. The investor group includes Third Point LLC and Mudrick Capital Management LP, Reuters reported.

Retail 183

Retail Groups Operations Report 183

PYMNTS

JANUARY 12, 2021

Verizon , Verizon’s Skyward unit and UPS Flight Forward are teaming up to provide drone delivery for retail products using Verizon’s 4G LTE and 5G networks. We will need the ability to manage and support multiple drones, flying simultaneously, dispatched from a centralized location, operating in a secure and safe environment. “We

Retail 179

Retail Florida Technology Company 179

PYMNTS

SEPTEMBER 9, 2019

JD.com and the biggest retailer in Thailand, Central Group, have launched a financial services app called Dolfin to help connect with local banks and increase the companies’ online presence, according to a report by Reuters. The app has e-wallet capabilities, digital lending services and wealth and insurance management.

Groups 125

Groups Google Lending Online 125

FICO

MARCH 30, 2022

itelna, the Czech Republic’s oldest and largest bank, has modernized its operations by optimizing its decisions around customers in early collections. Operational capacity needed to be targeted on relevant accounts, portfolio performance maintained, customer experience improved, and resources freed up to address hardship situations.”.

Operations 52

Operations Analytics Resources Strategy 52

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

MARCH 3, 2020

With a round led by ACA Investments, comparison shopping platform iPrice Group has notched $10 million in Series B funding. The round also came with participation from Daiwa PI Partners as well as returning investors Asia Growth Fund, Mirae Asset-Naver, and Line Ventures, according to reports.

Groups 130

Groups Comparison Online Community 130

PYMNTS

MAY 29, 2019

It’s not often that one gets to see a new form of retail emerge, but that’s what’s happening with, of all things, legal recreational cannabis. So far, this retail is taking a form that is big, feminine and even a bit luxurious. The retailer said it is launching The High End, a luxury cannabis lifestyle and wellness concept shop.

Retail 186

Retail Las Vegas Leadership Industry 186

PYMNTS

NOVEMBER 9, 2020

The mall and outlet center real estate investment trust managed to post a profit despite a 91 percent occupancy rate and collecting on only 85 percent of its rents. Simon addressed several issues on the company’s earnings call from tax relief to the pandemic to its joint venture with Brookfield Properties to take over operations at JCPenney.

Trends 169

Trends Retail Taxes Louisiana 169

PYMNTS

AUGUST 13, 2019

Not only is it a big time for retail but, in a sense, a kind of dress rehearsal for the upcoming all all-important holiday shopping season. Retail back-to-school spending for families will hit an average of $696.70 last year, according to the National Retail Federation , a trade group. this year, up from $684.79

Retail 127

Retail Innovation Course Trends 127

Independent Banker

NOVEMBER 30, 2022

And yet, some industry experts have observed that AI is not yet being used to its full advantage in vendor management—one of the thornier problems that community banks are wrestling with today. If a community bank has just a handful of vendors, managing those vendors is fairly straightforward. Improving communications.

Management 91

Management Community Bank Community Data 91

PYMNTS

JUNE 13, 2018

Amazon is replacing some of its retail veterans with software that predicts what shoppers want and how much merchants should charge for it. The shift to automating retail team jobs started several years ago with an initiative called “hands off the wheel.” Amazon is so cutthroat and crowded,” she says.

Software 108

Software Retail Branding Management 108

South State Correspondent

JANUARY 17, 2024

As we pointed out, bank management needs to understand how a bank creates franchise value, and one way is to sell more profitable products to more profitable customers. Through this understanding of profitability and productivity, bank managers can set better strategies and tactics plus start to optimize the allocation of capital.

Study 195

Study Maine Analytics Capital 195

Bobsguide

JUNE 13, 2022

– Group EBT up by 91 percent compared to first quarter of 2021, revenue up by 40 percent. – Group revenue guidance for 2022 upgraded from EUR 680 million to around EUR 720 million and EBT guidance from EUR 54.5 Pre-tax earnings for the full year are likely to reach around EUR 58 million at Group level (previously: EUR 54.5

Groups 60

Groups Taxes Regional America 60

FICO

FEBRUARY 12, 2018

For all the talk in the UK about disruptors and fintechs and new entrants to the credit market, and about how banks and card issuers need to manage customers in arrears, there’s one group that seems strangely absent from this focus: retailers. It is estimated over £200 billion of UK household debt is in unsecured retail credit.

Retail 63

Retail Management Analytics Compliance 63

PYMNTS

OCTOBER 23, 2019

French retailer Casino announced that it has raised €1.5 “The group is working with the banks participating in its confirmed credit lines (whether syndicated or bilateral) to agree [on] a new syndicated revolving facility, maturing in October 2023, for approximately €2 billion. . billion ($1.67

Retail 100

Retail Groups Capital Operations 100

PYMNTS

JULY 31, 2020

Authentic Brands Group ( ABG ), the New York-based brand management company, could be the latest potential buyer of Ascena Retail Group , the recently bankrupt parent firm of Ann Taylor, Footwear News reported. The New Jersey-based company operates about 3,000 stores, mostly at malls.

Puerto Rico 145

Puerto Rico Report New Jersey New York 145

PYMNTS

MAY 2, 2018

Retailers and retail landlords are reporting strong first-quarter earnings results, beating analysts’ expectations in many cases. But mall owners and operators are occupied with a different focus: what to do with closing anchor tenants that once filled valuable space in their malls. Simon Property Group.

Retail 101

Retail Technology South Carolina Honolulu 101

PYMNTS

OCTOBER 8, 2019

The move comes after the general manager of that U.S.-based These moves come amid a push by China to encourage more cross-border commerce and retail. Meanwhile, Amazon and Alibaba have provided training for local merchants in setting up and operating stores as well as extending credit and logistics services to speed up delivery times.

Retail 116

Retail Houston Online Leadership 116

Perficient

NOVEMBER 24, 2020

Understanding the impact of Inventory Control is key to your business’ operation. You need to understand how managing the change that comes with a quality inventory control system is key to accomplishing the desired results in a shorter timeframe. The Impact of Change Management on Inventory Control. Distribution.

System 332

System Management Examples Operations 332

PYMNTS

JULY 5, 2020

The Indonesian eCommerce retailer backed by SoftBank Group Corp. ’s In 2018, SoftBank ’s Vision Fund and Alibaba Group Holding Ltd., the Chinese multinational technology company specializing in eCommerce, retail, Internet, and technology, led a $1.1 In 2018, SoftBank ’s Vision Fund and Alibaba Group Holding Ltd.,

Google 264

Google Regional Retail Groups 264

PYMNTS

FEBRUARY 12, 2019

Even with the liquidation of Toys R Us operations in the U.S., and Solus Alternative Asset Management own Tru Kids. According to a South China Morning Post report in January, the Fung Retailing Group-backed company will open most of the newest locations in China, and is also considering Vietnam and Indonesia as well as Cambodia.

US 104

US Retail Regional Branding 104

PYMNTS

APRIL 27, 2020

Dozens of retailers, from Dick’s Sporting Goods to Walmart , have added contactless shopping services, and it’s caught on. increased 49 percent from March 12 to April 11, compared to March 1 to March 11 after a review of internet transactions from 80 of the top 100 internet retailers. . Retailers are trying to figure it out.

Dallas 258

Dallas US Retail Texas 258

PYMNTS

JANUARY 18, 2021

Last week, Grab announced that its Grab Financial Group had raised $300 million in a Series A funding round led by Hanwha Asset Management and joined by K3 Ventures , GGV Capital , Arbor Ventures and Flourish Ventures. Founded in Malaysia in 2012, Grab is also known for its popular ridesharing and delivery services.

Fintech 198

Fintech US Groups Management 198

PYMNTS

JUNE 8, 2020

Founded in 1984, BinDawood operates 73 stores across Saudi Arabia with 10,000 employees. The company’s retail revenue exceeded $1 billion in 2019. Bloomberg reported that BinDawood is working with Goldman Sachs Group Inc., a hospital operator that raised 2.63 Morgan Chase & Co. ,

Massachusetts 130

Massachusetts Capital Retail Operations 130

PYMNTS

MARCH 20, 2020

Banking giant HSBC and Cainiao Network Technology, which is a logistics arm of Alibaba Group , have announced they will offer rapid finance approvals to online merchants that use Chinese shopping site Tmall, according to reports. It will have first-mover advantage,” said Louis Tse Ming-kwong, managing director of VC Asset Management.

Big Data 203

Big Data Lending Regional Operations 203

PYMNTS

MAY 22, 2017

A new study has found that retail global expansion has lost some steam, and while the United States remains the most active, Europe is now the preferred spot for expanding retailers, according to Chain Store Age. The CBRE Group Inc.’s retailers, with Italian retailers coming in second at 12 percent.

Retail 108

Retail United States New York City Study 108