PYMNTS

JANUARY 16, 2019

That is, retailers are taking a page out of a playbook set by retailers like the now-closed B. Saks Fifth Avenue is one of the retailers falling into this trend with a new eatery called L’Avenue at Saks in New York City, which is the same locale where Lord & Taylor is closing to make way for a WeWork headquarters.

Chicago 186

Chicago New York City Retail United States 186

PYMNTS

JANUARY 15, 2019

CVS Health, the drugstore chain operator, announced Tuesday (Jan. 15) that Walmart has chosen to leave the CVS Caremark pharmacy benefit management (PBM) commercial and Managed Medicaid retail pharmacy networks. CVS Caremark said the main focus now is ensuring an orderly transition for plan members.

Retail 115

Retail Maine Management Operations 115

PYMNTS

JANUARY 18, 2019

That move has put pressure or grocery retailers of all sizes, particularly on sales figures and share prices over the last two years. Big retailers’ reluctance to pay Amazon for anything, including cloud services, have been Microsoft’s gain as it attempts to snap up market share.

Retail 140

Retail Washington Leadership Marketing 140

PYMNTS

JANUARY 16, 2019

Bebe, eCommerce, online store, loyalty program, clubbebe, website, online shopping, women’s fashion, women’s clothing, retail, news. The retailer bebe has launched a new online store and an enhanced customer loyalty program, partnering with Branded Online on both projects.

Online 113

Online Branding Retail Customer Experience 113

PYMNTS

JANUARY 16, 2019

Vancouver-based Indochino, which currently operates 38 showrooms , said six locations will open this year in the Northeast, including Brooklyn, N.Y.; When Indochino made the transition from a digital-only to an omnichannel retailer, it chose to open smaller stores called showrooms. Greenwich, Conn.; Manhasset, N.Y.;

San Diego 122

San Diego San Jose Portland Oregon 122

PYMNTS

JANUARY 18, 2019

Based in Malaysia, Dropee operates a B2B eProcurement platform that caught the attention of investors at Vynn Capital. For B2B suppliers, the company specializes in retail and food & beverage, and aims to promote supply chain transparency by fostering stronger relationships between buyers and suppliers. Adcount Technologies.

blockchain 162

blockchain Capital Software Operations 162

PYMNTS

JANUARY 16, 2019

Court documents show that the shoe retailer came out of bankruptcy in 2017 with about $400 million in loans, after cutting its debt from over $800 million. Payless wouldn’t be the first retailer to file for bankruptcy again so soon. The company is also thinking about closing at least one-third of its approximately 3,000 stores.

New York City 128

New York City New York Retail Course 128

PYMNTS

JANUARY 17, 2019

L’Occitane originated in the French region of Provence — though today it is headquartered in Luxembourg and Switzerland — and currently operates locations in 90 countries with 3,285 retail outlets. billion euros in net sales ($148 billion) and 142 million euros ($161 billion) in operating profit last fiscal year.

Branding 123

Branding Regional Retail New York 123

PYMNTS

JANUARY 15, 2019

In an interview that springboarded the findings of the Retail Innovation Readiness Index , published late last year, Nicky Koopman, vice president of content and value-added services at AEVI , stated that when it comes to apps, one maxim holds true: One size does not fit all. Laying The Groundwork. Ah, but how to get there?

Innovation 173

Innovation social media Retail Mobile 173

PYMNTS

JANUARY 15, 2019

Though the change was implemented to help India’s small retailers, it is not sitting well with two of the country’s biggest outside investors, which have argued that the Jan. The companies have until the end of the month to comply with the new restrictions, which were announced in December.

Compliance 134

Compliance Guidelines Policies Online 134

PYMNTS

JANUARY 15, 2019

The future of unattended retail that has been taking shape over the last few years is very different. Then again, Shimmerlik pointed out, a lot about retail has changed in the last few years, too. Those changes have opened up the field for a whole new way of thinking about vending machines, and their place in the retail ecosystem. “As

Retail 139

Retail Data US System 139

PYMNTS

JANUARY 18, 2019

As they are busy managing jobs, soccer practice, dance lessons and social schedules we are on a mission to do more than keep a little extra money in their pockets,” Tom Ward, senior vice president of Digital Operations, Walmart U.S., said in a press release.

Arizona 148

Arizona Metro Training California 148

PYMNTS

JANUARY 16, 2019

Instead, focusing on adjusting geographic coverage of trade finance operations, and introducing new technologies like digital ledgers for trading customers, will become the priority. A new report from the Trade Advisory Network warned that it’s not just traditional FIs that could pull back from the trade finance space.

Survey 137

Survey Operations Technology Regional 137

PYMNTS

JANUARY 17, 2019

Sterling Jewelers, a subsidiary that operates over 1,500 locations across the country with different brands, signed the settlement, The Wall Street Journal reported. According to a settlement that was signed with a wholly owned subsidiary, Signet Jewelers Ltd.

Regulation 116

Regulation Policies Cards Meeting 116

PYMNTS

JANUARY 13, 2019

Meanwhile, Amazon said it expects to add 25,000 jobs in the next decade including in software, product management, program management, operations, sales, and marketing, reported CNBC. Although startups could face more competition when it comes to hiring, some experts told CNBC that it could also drive more investments their way.

New York City 134

New York City New York Google Marketing 134

PYMNTS

JANUARY 16, 2019

This new investment enables Bringg to level the playing field in the age of Amazon by enabling large retailers, grocery chains, consumer goods companies, restaurant chains and logistics firms to provide their customers with what they expect from their deliveries, based on the optimized business models required to win in today’s challenging market.”.

Capital 101

Capital Marketing Data Management 101

PYMNTS

JANUARY 14, 2019

From B2B retail purchases to employer payroll, APIs are helping businesses accelerate all kinds of payments. Oyster Insurance, an insurance technology company, recently expanded operations into California, where it aims to support small businesses and startups with workers’ compensation services. Around the B2B API World.

Trends 143

Trends System California Data 143

The Paypers

JANUARY 15, 2019

(The Paypers) Citi has announced a new API partnership with MoneyBack , the customer loyalty program operated by the health and beauty retailer A.S. Watson Group.

Customer Experience 31

Customer Experience Groups Retail Operations 31

PYMNTS

JANUARY 15, 2019

30 kickoff in Atlanta will include access to experts from Visa and entrepreneurs operating both nationally and globally. Visa said Monday evening at a New York gathering in anticipation of the launch that events through a year-long campaign will include interactive workshops, tailored on a community-by-community basis. An inaugural Jan.

Atlanta 189

Atlanta New York social media Community 189

Bank Innovation

JANUARY 17, 2019

The country's largest banks are still shutting down branches, despite claiming to be investing in them. Each of the four largest banks closed at least two dozen branches during the fourth quarter of 2018 alone. Bank of America closed 44 branches during the quarter ended on December 31, based on its financial report released yesterday. […].

America 170

America Report Operations Mobile 170

Bank Innovation

JANUARY 16, 2019

Bank of America set an ambitious goal for digital sales last June: 50% over the next couple of years. The bank remains far behind that target. Last quarter, the bank recorded 27% of its consumer banking sales came from digital, according to its fourth quarter 2018 earnings, which were disclosed today.

America 170

America Operations Online Mobile 170

Bank Innovation

JANUARY 15, 2019

JPMorgan Chase & Co. saw an impressive 11% year-over-year growth of active mobile users, now totaling over 33.2 million, the bank disclosed today. To put that growth into perspective, Wells Fargo today revealed 7% YOY growth in active mobile users during that period.

Mobile 170

Mobile Operations America Online 170

Bank Innovation

JANUARY 15, 2019

Wells Fargo & Company saw modest growth in online and mobile customers in its fourth quarter earnings report released today. The bank had 29.2 million active digital (online and mobile) users as of the fourth quarter of 2018. That’s up 1% from 29 million last quarter and 4% from 28.1 million in the fourth quarter of […].

Mobile 170

Mobile Online Report Company 170

PYMNTS

JANUARY 18, 2019

Knock operates in such U.S The reason for doing so applies to other areas of retail and digital marketplaces, and will probably continue to do so, given long-term consumer habits and expectations. “No Home Marketplaces. No matter how much tech you have, people want a hand to hold,” Black said.

Online 177

Online Fort Worth North Carolina Millennials 177

PYMNTS

JANUARY 15, 2019

According to an anonymous source who spoke to CNBC , the children’s clothing retailer plans to close around 900 stores it operates under the Gymboree, Janie and Jack and Crazy 8 brands as part of the bankruptcy filing. The retailer has tried to emerge from the 2017 bankruptcy stronger.

Branding 118

Branding Retail Groups Security 118

PYMNTS

JANUARY 17, 2019

Today Fairway operates 15 stores in the New York, New Jersey, Connecticut tri-state area, as well as four liquor stores. Via FutureProof Retail to introduce the grocery technology, Fairway now lets shoppers use the Fairway-branded mobile checkout app to scan products with their phone cameras.

Mobile 130

Mobile New York New Jersey Connecticut 130