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Retail 2021: The Five Things Retailers Should Be Talking About At NRF This Week

PYMNTS

Every year for the last 110 years , members of the retail trade group, known as the National Retail Federation (NRF), have assembled to discuss the slate of issues pertinent to its members. I wrote a piece in 2014, right around this time, that made the strong case for the decline of physical retail. Like this one.

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Federal Retail Funding Options Remain Cloudy

PYMNTS

As nonessential retail continues to struggle, the federal funding picture remains cloudy. Companies that should logically be able to apply for funding include mall developers Simon Property Group and Taubman, as well as iconic retailers like Macy’s, Neiman Marcus and the Gap. I’ve examined the CARES Act closely.

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Physical Retail Isn’t Dead – The Physical Store Model Is

PYMNTS

It looks like we can finally have a serious conversation about the impending collapse of physical retail in the U.S. All it took was a 160-year old retailer and a $34 billion kick in the stomach to the retail sector to get everyone’s attention. retailer, Sears, which found itself standing at Chapter 7’s front door.

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Chinese eCommerce Firm JD.Com And Google Debut Online Store

PYMNTS

JD.com, one of the biggest eCommerce retailers in China, has teamed up with Google to launch a store on Google Express, according to a report by Reuters. . Google Express was launched in 2013 in a direct challenge to Amazon, in a bid for advertising revenue.

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Mastercard’s Sadove Says The Resilient Consumer Saved Holiday 2020

PYMNTS

According to Mastercard ’s SpendingPulse transactional analysis, total retail spending for 2020’s 75 days of Christmas was up 3 percent, and eCommerce sales were up 49 percent — good for the stay-at-home economy and tough sledding for department stores. percent overall and 31 percent online.

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Thoughts Of Holiday Retail Cheer Tempered By Memories Of Failure

PYMNTS

It’s the big stage for retailers, the holiday shopping season – when all the consumer world is watching (and, merchants and payments providers hope, buying more than they did last year). And let these bad memories of holidays past guide you in the coming weeks to ensure that your retail and payments machine is running in top condition.

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Stripe Teardown: How The $35B Payments Company Plans To Supercharge Online Retail

CB Insights

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.

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