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 2007 for $850 million, according to Bloomberg. Godiva, the maker of high-end chocolates that significantly expanded its U.S.

Puerto Rico 287

Puerto Rico US New Jersey United States 287

PYMNTS

SEPTEMBER 12, 2018

The battle is on for dominance in online apparel, and Amazon is closing in on $30 billion in gross apparel and footwear sales that could put it in the lead ahead of long-time market leader Walmart. In addition to Chico’s, Nike started working with the eCommerce retailer on a pilot last summer.

Online 100

Online Branding Retail Trends 100

PYMNTS

AUGUST 18, 2017

Despite years of revenue reports indicating that online stores had become vital lifelines for retailers in every segment from furniture to fashion — accounting for more than 10 percent of retail purchases, and bringing in more than $105 billion in the first quarter of 2017 alone — some businesses have resisted selling their inventory online.

Online 100

Online Retail Alabama United States 100

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

JUNE 13, 2017

BOPIS – buying online and picking up in the store – is quick and easy for customers, offering the best of both worlds: They can browse to their heart’s content on the device of their choice, and then, instead of waiting five to seven days for shipping, they can pick up the purchase the same day. It has advantages for retailers, too.

Retail 111

Retail Data Online Management 111

PYMNTS

MARCH 9, 2016

Everybody likes to talk about the addiction that brick-and-mortar retailers have developed for deep, and often destabilizing, discounts, and they usually point to store closings and executive board shakeups at Macy’s and other chains as clear proof of these practices’ consequences. NOW: $150.00”).

Retail 100

Retail Online New York Video 100

PYMNTS

JUNE 19, 2017

Luxury retail isn’t such a cushy business these days. Nordstrom might be going private , the retail company announced in news Thursday (June 15). percent from the previous quarter, while retail net sales climbed only 0.5 Luxury retail isn’t seeing setbacks because of the economy or uncertain political environment.

Retail 143

Retail Trends Strategy Company 143

PYMNTS

DECEMBER 12, 2019

After two years at the world’s largest retailer, Bonobos founder Andy Dunn is leaving Walmart in early 2020, Reuters reported on Thursday (Dec. Dunn announced his departure following Walmart’s acquisition of his online menswear brand in 2017. In 2017, the retail giant bought ModCloth and Moosejaw, and outdoor retail company.

Branding 131

Branding Retail Leadership Company 131

PYMNTS

NOVEMBER 10, 2020

Most online merchants rely solely on SSL/TLS to encrypt the data being sent from their websites. Founded in 2007 by Miles and John Perry, who serves as chief executive officer, Bluefin specializes in encryption and tokenization payment and data security. . Each $1 of fraud costs retailers $3.13. .

Security 233

Security New York Atlanta Fraud 233

PYMNTS

MARCH 21, 2017

The Ottawa-based company and has created an online marketplace platform that automatically connects buyers and producers of grain — and investors have taken notice. In 2007, only about one-third of people living in rural areas had access to broadband internet versus almost half of urban populations, according to the Pew Research Center.

Online 100

Online Regional America Tools 100

PYMNTS

MAY 5, 2016

Absolutely no need to panic, then — unless the topic is retail bankruptcies , which increased year over year by 24 percent. Such is the double-edged sword of a retail industry swept up in innovation. For every new path cut through the market, the retailers standing in the way are cut down. January — Wet Seal. As of Feb.

Retail 100

Retail Branding Denver Management 100

PYMNTS

JANUARY 3, 2019

The retailer’s parent company, Hudson’s Bay Company (HBC), sold the iconic 676,000-square-foot building to WeWork for $850 million in fall 2017, in a deal aimed to lower HBC’s debt levels and give WeWork a new headquarters in New York City. As it shuts down a brick-and-mortar location, the retailer is focusing on its online presence.

New York City 134

New York City New York Conference Retail 134

PYMNTS

DECEMBER 20, 2016

A new study recently released by the Pew Research Center looking at online shopping has shed an interesting light on how eCommerce has changed consumer behavior over the past decade-and-a-half. adults have made a purchase online, and 51 percent of consumers surveyed reported making at least one purchase using a mobile device.

social media 100

social media Survey Online Study 100

PYMNTS

OCTOBER 21, 2016

Retailers that are unable to call on substantial financial reserves are struggling in the current environment. Consumers want everything these days, from online shopping with one-click ordering and fast delivery to an exciting and high-tech shopping experience at physical stores. Here’s an update on some of the recent casualties.

Retail 100

Retail Marketing Branding Austin 100

PYMNTS

NOVEMBER 27, 2018

An IPO from an Alibaba -backed online platform is fueled by those connections, and also serves as an example of the rise of contextual commerce, even if that debut has not gone as expected. Contextual commerce is a retail practice centered around discovery.

social media 147

social media Retail Online Trends 147

PYMNTS

APRIL 21, 2017

Walmart’s online shopping spree continues — now with a new domain name for recent acquisition ShoeBuy.com. Shoes.com shut down its online sites and brick-and-mortar operations in January. Shoes.com shut down its online sites and brick-and-mortar operations in January. And another big buy is rumored to be the the way.

New York City 100

New York City New York Online Leadership 100

PYMNTS

FEBRUARY 27, 2019

Online luxury marketplace 1stdibs stands as an example of that kind of content, along with providing — as do some other companies — a demonstration of the appeal of both digital and physical forms of content to tie consumers to a brand or ecosystem. billion in 2007. But catalogs can work, as 1stdibs and other retailers have learned.

Retail 214

Retail Online America Millennials 214

PYMNTS

MARCH 18, 2019

recently fell to the lowest rate since the 2007-2009 financial crisis, but a new product launch from JPMorgan Chase & Co. According to the Federal Deposit Insurance Corporation (FDIC), the percentage of unbanked Americans fell to its lowest level since the 2007-2009 financial crisis. The percentage of unbanked people in the U.S.

America 175

America Survey FDIC System 175

PYMNTS

NOVEMBER 25, 2019

eBay has owned StubHub as of 2007, at the time that it purchased the company for $310 million. Viagogo, on the other hand, is an online marketplace for the resale of music, entertainment and live sports tickets. billion to $4.5 And, in the third quarter, StubHub comprised roughly 14 percent of the company’s revenue.

Online 161

Online Management Report Company 161

PYMNTS

SEPTEMBER 30, 2016

For years, Walmart has dominated the brick-and-mortar retail sector in the U.S., But the retail giant seems increasingly uneasy to sit on the sidelines and allow Amazon and other eCommerce retailers to carve up the world of online retail. First, there’s Walmart’s $3.3 Prior to the deal, Yihaodian only had a 1.5

Retail 100

Retail Online Washington Marketing 100

PYMNTS

JANUARY 27, 2020

Domino’s was one of the first chains to innovate the space, developing an online tracker that reported order statuses to customers in real time and offered artificial intelligence (AI)-driven voice ordering. Domino’s took its first digital ordering step by introducing a delivery feature on its website in 2007. million in 2019.

Mobile 145

Mobile Branding Google Technology 145

PYMNTS

JUNE 16, 2017

Bonobos was founded in 2007 and has since expanded to 35 brick-and-mortar shops nationwide. Adding innovators like Andy will continue to help us shape the future of Walmart and the future of retail,” Lore said. It is currently in a partnership agreement with Nordstrom. I’m thrilled to welcome Andy and the entire Bonobos team.

Customer Experience 109

Customer Experience Innovation Retail Branding 109

PYMNTS

AUGUST 14, 2018

The 100-page catalog would arrive near the end of October for kids to look through and create wish lists before December — filling, perhaps, the void left by Toys R Us when it went out of business (in part because of competition from Amazon and other online retailers). Online retail accounted for 53.7 billion in 2007.

Retail 102

Retail social media Conference Groups 102

Fintech Labs Insights

APRIL 12, 2024

Long before fintech was a thing (1995), I launched the first, and by most measures the biggest, newsletter during the first two decades of online/digital banking. It was called Online Banking Report and was read by a sizable portion of major industry players. And each January, we ranked all previous recipients into a master list.

Innovation 15

Innovation Fintech Online Mobile 15

PYMNTS

FEBRUARY 17, 2020

Greyhound, which United Kingdom-based FirstGroup purchased in 2007, serves more than 16 million riders each year across the U.S. The firm completed the first phase of its transformation in 2014, allowing it to use real-time analytics and IT tools to create dynamic pricing models and enable online and mobile app transactions. “We

Security 141

Security Tools Fraud System 141

Perficient

NOVEMBER 3, 2020

Here are some statistics to back up this social proof: 92% of consumers around the world say they trust earned media, such as recommendations from friends and family, above all other forms of advertising—an increase of 18% since 2007. 40% of people say they have purchased a product online after seeing it used by an Influencer.

social media 332

social media Google Branding Training 332

Bank Innovation

MARCH 31, 2016

Fidor began in Munich in 2007, and gained traction as a digital bank during and after the financial crisis. Fidor Bank is closer to its U.S. launch, but is still missing a critical piece to complete its services: a bank charter. It has routinely been hailed as one of the most Read More.

Digital Banking 150

Digital Banking Operations Online Compliance 150

PYMNTS

DECEMBER 8, 2016

Founded in 2007, the Dublin-based Clavis Insight has been focusing in on eCommerce for the past three years, said Danny Silverman, head of product strategy. Our solution is oriented toward brand manufacturers who are looking to monitor their brands’ product listings in the online marketplace,” said Silverman.

Retail 100

Retail Analytics Boston Branding 100

CB Insights

DECEMBER 19, 2017

Modern-day retail is at an inflection point as retailers face struggling physical storefronts, massive debt, and inefficient operations, among other issues. Formerly beloved brands such as Aeropostale, American Apparel, and PacSun bit the dust in 2016, and the pace of retail deaths has accelerated since then.

Retail 78

Retail Branding Company Capital 78

PYMNTS

JULY 23, 2019

The problem, it turned out, was that in 2007 when this project was first lifting off the ground, regulations in most states made this model basically illegal. Sunscreen, much to Thaggard’s surprise, was viewed as an over-the-counter drug in most states in 2007, meaning children couldn’t self administer it in a public school.

Branding 108

Branding San Antonio New York Leadership 108

PYMNTS

OCTOBER 26, 2016

Bonobos, the men’s clothing brand that began life online and has now pushed into the physical realm, is betting on the tactile experience to boost sales. With the firm’s founding in 2007, the first Guideshop was at the company’s headquarters in the Flatiron District. The first standalone location was in Boston in 2012.

New York City 100

New York City Boston New York Analysis 100

PYMNTS

FEBRUARY 17, 2017

While internet adoption has historically been slow among America’s farmers for making agricultural purchases, current economic and market pressures have pushed them online for better deals, according to The Wall Street Journal. Looking at specific retail food categories, prices declined 21.1 Farmers in the U.S. A strong U.S.

Regional 107

Regional Google Online Examples 107

PYMNTS

AUGUST 21, 2017

That’s where Reid Hoffman hatched the idea for LinkedIn in 2003 after inviting hundreds of his friends to create online profiles to get his idea for a professional online networking site off the ground. E-Bay acquired online ticket exchange, StubHub, in 2007. Speaking of online retailers, eBay went all out to court them.

Online 128

Online Retail San Francisco Mobile 128

PYMNTS

MAY 7, 2018

Online retail in India was worth about $20 billion last year but is likely to rise to $35 billion by 2019, according to Forrester. Sachin Bansal and Binny Bansal (unrelated), founded Flipkart in 2007, having both worked at Amazon Web Services in India.

Security 100

Security National Groups Retail 100

PYMNTS

DECEMBER 20, 2016

Brick-and-mortar retailers should really start celebrating the last two days before Christmas shopping as the most important shopping holiday of the year. Last year the store was open for 170 consecutive hours leading up to Christmas Eve, whereas in 2014 the retailer did a more conservative 104-hour run-up. The question is, why?

Retail 100

Retail Course Online Apple 100

PYMNTS

NOVEMBER 5, 2019

In 2007 Kyle Vucko and Heikal Gani weren’t looking to disrupt the world of men’s fashion, change how people buy their custom-made clothing or to be lauded as creative force being one of “ new web’s most promising startups.” And in terms of that online ordering experience, the firm in the intervening decade or so has remained very consistent.

How To 101

How To Marketing Branding America 101

PYMNTS

JUNE 17, 2016

For many years, people thought the retail business in the U.S. The advent of online shopping is kind of accelerating the separation of winners and losers.”. billion of retail property loans are set to mature, according to Bank of America Merrill Lynch. In the next 18 months, about $47.5 ’”.

US 100

US Payments Detroit America 100