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

MARCH 12, 2020

With a longtime presence in New York and surrounding suburbs, Modell’s has 153 stores mostly located in the northeast region. But it has now become the latest in an array of New York retailers to file for bankruptcy, following luxury retailer Barneys New York and grocer Fairway Market.

New York 144

New York Regional Retail Resources 144

PYMNTS

JUNE 17, 2020

A growing number of nations are looking to develop digital versions of their currencies, and now there might be regional initiatives taking shape to target the U.S. Mersch said a retail CBDC could be based on deposit accounts opened with a central bank. Instead, they’re now coalescing into potential regional projects.

US 223

US Conference Regional National 223

PYMNTS

JULY 2, 2020

As instances of the coronavirus quickly increase in a number of regions across the nation, Apple plans to shutter 30 more stores in the United States on Thursday (July 2) at the latest. The tech company, which has 271 retail shops in the United States, has recently closed 47 stores again, CNBC reported.

Apple 131

Apple Los Angeles South Carolina North Carolina 131

PYMNTS

SEPTEMBER 22, 2020

As reported by Bloomberg on Tuesday (Sept. And yet, overall spending across the luxury industry could shrink by as much as 45 percent through 2020, as other regions and countries – Europe and the U.S. As reported in this space last week, the country saw retail sales increase for the first time since the pandemic took root.

Retail 169

Retail Boston Groups Regional 169

PYMNTS

SEPTEMBER 15, 2020

To that end, Bloomberg reported at least some financial regulators from the European Union say there need to be strict controls governing central bank digital currencies in place — and Libra (among other private efforts) may present a threat to financial stability. Central bank digital coins on the Continent – but plenty of room for cash.

Boston 227

Boston Retail Meeting Maine 227

PYMNTS

MAY 22, 2020

The reopening of retail is bound to portend changes for businesses as well as consumers. The National Retail Federation (NRF) and other groups have released guidelines for store operation and design today (May 22) as members begin to come back from the economic devastation of the pandemic. It also recommends changes to kiosks.

Retail 148

Retail Guidelines National Customer Experience 148

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. FNE made the approval “without conditions,” according to a Reuters report.

Online 163

Online Regulation Retail Regional 163

PYMNTS

NOVEMBER 1, 2019

Postmates provides on-demand delivery choices from over 500,000 restaurants, convenience stores and grocery stores, in addition to traditional retailers. Beyond restaurants, retailers in other segments are also teaming with on-demand delivery platforms. The quick-service coffee chain reported revenues of $355.9 restaurants. (The

Branding 101

Branding Retail Florida Texas 101

PYMNTS

MAY 13, 2020

The average business has in excess of $10,000 in monthly expenses and barely enough cash on hand to survive a month, according to the National Bureau Of Economic Research ( NBER ). The Mountain region was least affected, with 39 percent of firms temporarily closed.

Illinois 144

Illinois Chicago National Survey 144

PYMNTS

APRIL 2, 2019

Reuters , citing Reis, the real estate research firm, reported the vacancy rate in 28 of the 77 metro areas increased during the first three months of 2019. As the retail sector continues to undergo restructuring, a number of retail real estate markets face more vacancies and falling rents. percent to 9.3

Metro 125

Metro Regional Retail Community 125

PYMNTS

NOVEMBER 8, 2016

So where to next for the omnichannel retail giant? The move comes as part of a larger targeting of Southeast Asian markets, according to TechCrunch , starting with beginning selected regional services in Singapore in the first quarter of 2017. In fact, it’s well poised to become the world’s first “ smart nation.”

Regional 148

Regional New York City National Google 148

PYMNTS

OCTOBER 5, 2016

Retail mall vacancies fell to 7.8 percent in the previous quarter, according to a report from real estate research firm Reis Inc. Higher end regional malls are helping to fuel the resurgence, as smaller retail space in community centers continue to decline. the retail recovery should continue,” Denham added.

Community 166

Community Retail Regional National 166

PYMNTS

SEPTEMBER 22, 2020

There’s arguably no more polarizing macroeconomic issue in the retail world than the fate of the American mall. The problems start with how retailers view and serve the customer. It was an amalgamation of numerous challenges, either ignored or wrongly addressed, that has led to the question of relevance plaguing the industry today.

Philadelphia 206

Philadelphia Retail DC Detroit 206

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. FNE made the approval “without conditions,” according to a Reuters report.

Regulation 130

Regulation Online Retail Regional 130

PYMNTS

JANUARY 16, 2020

Audio equipment company Bose has announced it is closing 119 retail locations due to changing customer demand, according to a report. Bose will close all stores in North America, Japan, Australia and Europe through the “next few months,” noted the report. “In Hundreds of workers will lose their jobs.

United States 132

United States System Retail Regional 132

PYMNTS

OCTOBER 31, 2017

Retailers are set to clean up this Halloween, as 2017 is looking to be a record-setter for consumer spending during the holiday. Halloween is no longer just for the kids and those with kids,” wrote Allison Zeller, director of research for the National Retail Federation (NRF). In fact, holiday spending is expected to hit $9.1

Millennials 105

Millennials Retail Los Angeles Survey 105

Abrigo

DECEMBER 18, 2023

Use portfolio risk management tools, which make it easier to continue supporting local and national economies prudently. Retail and multi-family CRE opportunities Similarly, retail CRE has been painted as too risky because of online sellers’ growth. Certainly, one asset class, the regional mall, is quite dead,” Kirby said.

Risk Management 221

Risk Management Management Lending Capital 221

PYMNTS

AUGUST 5, 2020

The write-down relates to Diageo’s businesses in India, Nigeria, Ethiopia and South Korea, as well as complications created by the worldwide COVID-19 pandemic, Reuters reported. By region, Diageo’s Asia sales saw the biggest drop at 16 percent. CNN reported that the big winner was ready-to-drink cocktails in cans or bottles.

South Carolina 140

South Carolina US America Regional 140

PYMNTS

APRIL 8, 2020

Against that backdrop, South China Morning Post reported that cosmetics sales in the country rebounded last month. The publication reported that sales of cosmetics plummeted as much as 80 percent in February, as estimated by Jefferies Analyst Anne Ling. percent, while overall retail sales slid 20 percent.

Trends 152

Trends Retail Data Regional 152

PYMNTS

MAY 21, 2020

As reported in this space last month, the efforts are still nascent. A central entity may maintain exclusive rights to create or destroy currency in a region such as a nation. A central entity may be associated with a government of such a region.”. However, a retail CBDC accessible to all would be a game-changer.

United States 244

United States Regional cryptocurrency Retail 244

PYMNTS

JUNE 19, 2020

Norway celebrated this week as it reopened its borders to the rest of the Nordic region. Nordby’s 110 shops and restaurants were built near the border to attract shoppers from Oslo and southern Norway with big discounts and offers of cut-price meat, cheese and sweets, the news outlet reported. .

Regional 141

Regional Policies Survey National 141

PYMNTS

FEBRUARY 27, 2020

The 2020 outlook report from the National Restaurant Association was released today and it paints a picture of an industry dealing with the countercurrents of solid consumer spending and disruptive technology. In fact, by 2030, the National Restaurant Association expects that technology could completely change the face of dining.

Rhode Island 151

Rhode Island National social media Arizona 151

South State Correspondent

DECEMBER 8, 2023

Every Bank Has a Certain Level of Small Business Banking Channel Confusion While few said it, almost every major bank implied some level of channel confusion with small business banking as it overlaps with retail, commercial, and specialty lines of business. However, this was the most common structure.

Conference 195

Conference Retail Community Bank Technology 195

PYMNTS

JANUARY 30, 2020

Inside the country, as reported by The New York Times, the government has been mandating that farmers increase vegetable production and deliveries of a wide range of foodstuffs to the region. By way of another example, the Times reports that Cummins, a U.S.

Regional 145

Regional Apple New York Examples 145

PYMNTS

FEBRUARY 3, 2020

There was lots to watch in the world of payments and commerce last week, with red flags flown in physical retail, international commerce and crypto. Physical Retail Stumbles Into 2020 . The year got off to something of a rocky start for physical retailers, as the recent spike in store closures carried on and even picked up strength.

Bitcoin 132

Bitcoin Data Retail Charlotte 132

PYMNTS

OCTOBER 9, 2019

Regulators continue to examine reports of disease and deaths allegedly linked to eCigarettes. 9) that it will stop selling eCigarette components in the United States, Reuters reports. based users, according to reports. based users, according to reports. Reuters reported the reports of the lung illnesses top 1,000 cases.

US 109

US United States Regional Report 109

PYMNTS

FEBRUARY 18, 2020

In one example, as reported by Xihuanet.com, the People’s Bank of China (PBOC) used a mechanism known as “reverse repos” to bring 700 billion yuan (about $129 billion) into banking activities. That target was slated to be announced at the National People’s Congress scheduled for early March, which is now delayed.

Policies 130

Policies Retail New York Lending 130

PYMNTS

FEBRUARY 7, 2020

It was reported earlier this week that the U.S. That dent in India’s tourism trade will equate to $500 million, according to reports. Another carrier, IndiGo, has stopped flights to the region until later in the month. As reported Friday, U.S. economy could see a $10 billion hit from a drop in Chinese tourism.

National 130

National Regional Retail Operations 130

PYMNTS

FEBRUARY 18, 2019

China’s Operation Fox Hunt has led to the arrest of 62 Chinese nationals abroad and the seizure of 10 billion yuan ($1.5 billion) in assets from 380 fraudulent peer-to-peer (P2P) lending platforms, according to a Reuters report. The charges stem from illegally using P2P platforms to gather funds. trillion yuan ($217.96

Lending 129

Lending Regional Operations National 129

PYMNTS

MARCH 9, 2020

The coronavirus could have wide-reaching effects on medical facilities, eCommerce retailers, technology and the economy as a whole. Hospitals around the world from Europe to Asia have reported that supplies of hand sanitizer and masks have disappeared as the coronavirus spurs a run on medical inventories, The Wall Street Journal reported.

Policies 141

Policies New York San Francisco Seattle 141

PYMNTS

JANUARY 7, 2019

fashion retailer Missguided is offering a pay later option through Klarna , and Nordic payments company Nets A/S and merchant payment service provider Concardis Payment Group said they have completed their merger. . fashion retailer Missguided is offering a pay later option through Klarna, according to an announcement. In the U.K.,

Cards 168

Cards Groups Payments Regional 168

PYMNTS

OCTOBER 28, 2019

Wayfair case that allowed states and individual cities to launch tax policies aimed at remote sellers and marketplaces is still reverberating in 2019 and will likely affect online retail in 2020. Online marketplace eBay reported declining sales growth in its third quarter 2019 results, released Wednesday (Oct. SMBs May Struggle.

Taxes 102

Taxes Online San Jose South Carolina 102

PYMNTS

NOVEMBER 2, 2020

Across the pond in the United Kingdom, Prime Minister Boris Johnson imposed another strict national lockdown aimed at halting the coronavirus’ spread. Office for National Statistics , one in 100 people in England have COVID-19. We will always take a decision in the national interest, based on evidence,” U.K.

Survey 130

Survey National United States Washington 130

PYMNTS

FEBRUARY 12, 2020

or in other countries,” said Dr. Nancy Messonnier, director of the CDC’s National Center for Immunization and Respiratory Diseases, on a conference call. One Bloomberg reporter said the grocery app of Alibaba Group told her that she couldn’t have items delivered, and directed her to a grocery store instead. 24 through Feb. economy.

Apple 142

Apple Regional Conference Report 142

PYMNTS

JANUARY 7, 2019

Reports began to emerge nearly six months ago that WhatsApp was on the verge of a big mobile payments upgrade in the world’s most sought-after mobile payments greenfield, India, with a system set to run on the Indian government’s UPI payments system. Warby Parker Sees Hack ers. Some attempts were made to illegally access accounts.

Data 139

Data Wyoming Idaho Utah 139

Jeff For Banks

DECEMBER 15, 2021

It's a sure way to have the un-empowered branch manager calling the regional manager for rate exceptions to win new money or keep money at the bank. retail/small business banking-regionals-branches) are organized for maximum effectiveness, with leaders who have clearly delineated responsibilities. Teams within teams (i.e.

Regional 78

Regional Management Guidelines Retail 78