PYMNTS

DECEMBER 7, 2017

Today in PYMNTS’ data, fast food chains are reporting consumer satisfaction following implementation of mobile order-ahead offerings, retail stores are closing at a near-record pace, “unthinkable” numbers of executives share their companies have experienced cyber fraud, real-time faster payments finally make their way to the U.S.

Fraud 101

Fraud St. Louis Retail Data 101

PYMNTS

FEBRUARY 18, 2019

Sason ran a company called Magna Group, and according to the SEC, raked in more than $25 million via what the federal agency in its complaint described as an operation that involved the quick dumping of penny-stock shares that had been illegally gained.

Fraud 122

Fraud Operations Security Software 122

PYMNTS

AUGUST 7, 2018

He said the company’s pilot program, which initially sold meal kits in 17 Costco stores and has expanded to 80 locations within three months, has “further validated to us the power of Costco’s retail platform.” Retailers have realized that consumers still like to come into stores,” Kilcourse said.

Retail 101

Retail Company Strategy Branding 101

PYMNTS

OCTOBER 26, 2017

Those who travel to some of the wealthier parts of the world, however, will discover the well-to-do have much more expensive unattended retail tastes. shoppers got their own taste of unattended luxury retail when vending machines dispensing caviar were installed in several Los Angeles-area malls. A few years ago, U.S.

Retail 106

Retail Los Angeles social media Policies 106

PYMNTS

MAY 22, 2020

An initial explosion of online orders left Amazon overwhelmed, forcing the company to temporarily reprioritize its operation toward mostly delivering key household items. Crucible,” which is free to play, is the first big-budget game that Amazon Game Studios has released since the unit’s 2012 launch.

Retail 158

Retail Online Video Branding 158

American Banker

FEBRUARY 27, 2020

operations fell for the first time since 2012. The decline in net interest income combined was among the reasons why year-over-year profits at the U.S.

Retail 58

Retail Operations 58

PYMNTS

JULY 1, 2020

Fitness and wellness platforms are expanding their offerings as Americans continue working from their residences and gym facilities have limited operations because of the pandemic. 2012: Year of Gympass’ launch in Brazil. All this, Today in Data. Data: 50K: Number of end users on the Gympass platform.

Training 151

Training Data Operations Online 151

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. Still, the label indicates that the $99.99

Retail 100

Retail Online New York Video 100

PYMNTS

FEBRUARY 19, 2020

The meal-kit company grew in popularity because of its signing up of new customers in 2012 for kits of ingredients for meals. Part of the problem has been a competitive field, with newer players offering better options and expanding their operations. HelloFresh surpassed Blue Apron in terms of the number of customers served in 2018.

New Jersey 140

New Jersey Arlington Texas New York 140

PYMNTS

AUGUST 4, 2019

Founded in 2012, Mumbai-based Fynd helps offline retailers sell their products to consumers directly through its online store, as well as allows them to connect with eCommerce platforms including Amazon India and Flipkart. In addition, Amazon is reportedly in talks to buy more than a quarter stake in Reliance Retail.

Retail 108

Retail Branding Industry Operations 108

PYMNTS

JANUARY 14, 2020

Open-air shopping centers – also called strip malls or strip centers – are replacing malls as retail juggernauts, offering necessities like grocery stores, hair salons and dentists, The Wall Street Journal reported on Tuesday (Jan.14). The Jericho, New York company owns and operates open-air shopping centers.

Missouri 153

Missouri New York Michigan Florida 153

PYMNTS

NOVEMBER 11, 2020

The new license from the nation’s central bank will let it have independence in making and directly operating financial services there, along with accessing new kinds of financing. SumUp has been active in Ireland as of 2012 and has introduced digital payments to thousands of companies.

Philadelphia 165

Philadelphia Fintech National Payments 165

PYMNTS

JANUARY 18, 2021

Grab Financial Group offers payments and financial services including lending, insurance and retail wealth management throughout Southeast Asia. Founded in Malaysia in 2012, Grab is also known for its popular ridesharing and delivery services.

Fintech 198

Fintech US Groups Management 198

PYMNTS

OCTOBER 21, 2016

Retailers that are unable to call on substantial financial reserves are struggling in the current environment. Mobile shopping is growing and a key focus of retailers going into the holiday season. Mobile shopping is growing and a key focus of retailers going into the holiday season. Along with Claire’s Stores Inc.,

Retail 100

Retail Marketing Branding Austin 100

PYMNTS

JANUARY 8, 2020

Long live physical retail. In particular, all retail anchor stores have been spoken for — which is critical for malls because those locations, typically department stores, are key in driving foot traffic.”. Granted, retail does not get all the credit for this. Overall retail sales from Nov. Vacancy Rates. 24 were up 3.4

San Francisco 131

San Francisco Indianapolis New York City Retail 131

Abrigo

OCTOBER 21, 2020

The greatest incline was represented in both the lodging and retail sectors , with lodging increasing to nearly 20% of the universe in grace period, and retail going up to just above 10%. This scenario used around 50% price declines on lodging, around 30% on retail, and around 25% office and multifamily.

Marketing 312

Marketing Lending Risk Management Retail 312

PYMNTS

MAY 7, 2020

“Due to a confluence of events over the past few months, Deliv will unfortunately be winding down our operations over the next 90 days,” she wrote. Valued at $190 million two years ago, Deliv has raised $85 million in venture capital since its founding in 2012, according to PitchBook Data Inc. percent from 35.5

Google 177

Google Survey Capital California 177

PYMNTS

MARCH 20, 2020

Sweden’s oldest retail bank will face a hefty $386 million fine for a scandal that erupted last year over the bank’s poor handling of money laundering issues in the Baltic region, according to Reuters Thursday (March 19). Swedbank’s CEO and much of the board were fired as a result.

United States 139

United States Regional Retail Report 139

PYMNTS

JUNE 20, 2016

By 2012, Ellison was instead touting the benefits of “the most comprehensive cloud on the planet Earth” his firm was developing. Oracle announced a similar partnership with Snapchat last week that will also be starting in consumer packaged goods before branching out more generally to all retailers. What is it? It’s complete gibberish.

Retail 101

Retail social media Data Software 101

PYMNTS

JANUARY 10, 2019

Malls are finding new life as offices for tech companies, as developers are repurposing space formerly held by retail tenants into workplaces with high-end amenities for firms like Google. is still operating, but renovations will start later this year. million square feet of retail space. and Macerich Co.,

Los Angeles 140

Los Angeles Company New York City Retail 140

PYMNTS

AUGUST 28, 2019

The deal allows the department store chain to continue operations and potentially transform its approach to boost falling sales and reach today’s shoppers. Le Tote’s fashion subscription service was founded in 2012 and provides unlimited clothing and accessory rentals for a flat monthly fee, curated using a proprietary algorithm.

San Francisco 109

San Francisco New York Trends Retail 109

PYMNTS

NOVEMBER 20, 2019

The company already operates the Whole Foods Market chain. An Amazon Go grocery store initiative has been underway since 2012, and some $1 billion in salaries have gone to people working on the project, the source said. The eCommerce giant launched the first Go convenience store in Seattle in 2017 and now has 21 U.S. grocery industry.

Seattle 100

Seattle New York Software Retail 100

PYMNTS

NOVEMBER 22, 2019

The money that comes into retailers’ coffers at brick-and-mortar locations will filter up to pay the landlord; the landlord will stay afloat. As reported by The Wall Street Journal, famed investor Carl Icahn is betting that mall operators will find it increasingly harder to pay their debts. Perhaps not.

Google 101

Google Retail Cards cryptocurrency 101

PYMNTS

OCTOBER 22, 2018

Reports that Sears was halting its payment to suppliers ahead of its anticipated bankruptcy may be just the beginning of vendor trouble for the retailer. InGear Fashions first began working with Sears in 2012, reports said. The Chicago Sun Times said on Friday (Oct. Sears did not respond to the publication’s request for comment.

Chicago 119

Chicago Retail Report Payments 119

PYMNTS

JUNE 15, 2018

In his role, he will lead the company’s technology strategy, in addition to spearheading the teams that build the company’s eCommerce experience — among other functions, retail news source Chain Store Age reported. “We Before working for Home Depot, Krishna oversaw Target ’s web technology and operations.

Technology 100

Technology Georgia Retail Leadership 100

PYMNTS

JANUARY 5, 2018

Once the largest retailer in the U.S., As of the end of October, Sears operated around 1,104 stores — about half of the 2,019 stores it possessed in 2012. As of the end of October, Sears operated around 1,104 stores — about half of the 2,019 stores it possessed in 2012.

Retail 115

Retail Innovation Marketing Operations 115

PYMNTS

DECEMBER 3, 2019

In retail these days, it’s all about the ecosystem, and it’s also sometimes about rewards and discounts. Honey was founded in 2012 as a way for people to easily find savings while shopping online. The platform works with more than 30,000 retailers in all shopping categories. The latest sign of that comes from PayPal.

Comparison 131

Comparison Retail Tools Online 131

The Paypers

FEBRUARY 7, 2017

(The Paypers) Shift4 Corporation , a payment gateway, has announced their Unified Commerce Payments solution for retailers using Microsoft Dynamics 365 for Operations (formerly AX7) and Dynamics AX 2012.

Retail 28

Retail Payments Operations 28

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

OCTOBER 3, 2018

Mattress Firm , seeking to shore up its operations and get rid of store leases, is reportedly gearing up for a bankruptcy filing. In August , people familiar with the company said that the retailer was mulling a bankruptcy filing. The company, which is based in Texas, has 3,000 brick-and-mortar stores, Reuters reported. as a result.

NV 122

NV Texas Report Strategy 122

PYMNTS

MARCH 14, 2019

The release of a new Google app development tool is among the latest steps to try to bring more mobile accessibility to people with disabilities — a push that’s been going on in the background of digital retail and associated areas almost since the beginning.

Google 161

Google Tools Mobile Retail 161

CB Insights

SEPTEMBER 15, 2017

In the face of an existential threat from e-commerce platforms like Amazon and Walmart ’s Jet.com , mall owners and real estate investment trusts with a core retail focus have explored private market investments in retail technology, e-commerce companies, and direct-to-consumer brands as a way of strengthening their core strategic business position.

Retail 55

Retail Marketing Groups Branding 55

PYMNTS

FEBRUARY 27, 2019

Retailer JCPenney has decided to end a clothing subscription service as it continues to struggle financially, according to a report by Reuters. The department store chain relied on Bombfell to handle the logistics of the operation. . The company wants to focus more on profitable apparel sales, and also move away from appliances.

New York 109

New York Retail National Branding 109

PYMNTS

APRIL 8, 2016

Online retail is known for moving fast, and sometimes, the execs pulling all the levers behind the scenes move even faster. Walmart confirmed on Thursday (April 7) that Brian Monahan, formerly the head of marketing for the retailer’s U.S. online operations, had vacated his post effective April 1.

Online 100

Online Conference Boston Retail 100

PYMNTS

MARCH 22, 2016

Justice Department officials are reaching dead ends in several of their probes into Walmart’s business operations overseas. In April 2012, The New York Times reported that Walmart officials had paid $24 million in alleged bribes in Mexico and then shut down an internal investigation into the matter. The probe began back in Nov.

New York 100

New York Leadership Operations Compliance 100

Bank Innovation

JUNE 21, 2016

Since 2012, it has been the fastest growing technology in banking. That’s the word out of Digital Banking 2016 here, where bankers outnumber entrepreneurs (but not vendors). The mobile banking app traces its roots to SMS banking back in 1999. But it comes with Read More.

Digital Banking 199

Digital Banking Mobile Technology Operations 199

PYMNTS

JUNE 10, 2019

Amid brick-and-mortar retail struggles and stock price volatility, a go-private offer has emerged for Hudson’s Bay Co., billion Canadian dollars, exiting the German market while staying in the Netherlands (with an eye on revamping operations there). which owns Saks Fifth Avenue and Lord & Taylor.

New York 108

New York Retail Groups Capital 108