PYMNTS

APRIL 4, 2018

Just because a retailer was created for the internet doesn’t mean it has to stay on the internet. Digitally-native retailers, such as thredUP , are turning to brick-and-mortar stores to reach consumers, too. thredUP, though, works a little differently from traditional retailers. by the end of 2018, CNBC reported.

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PYMNTS

MAY 19, 2019

Earlier this month it was reported that the French retail giant was looking to fetch about $1 billion for the Chinese business. Carrefour opened its first supermarket in Beijing in 1995, and now operates stores in more than 70 cities in the country. The three companies planned to collaborate on data, mobile payments and smart retail.

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Retail Operations Online Report 134

PYMNTS

MAY 11, 2016

As to whether the 12- to 22-year-old demographic remains the retail chain’s target consumer group today is somewhat murky. Hot Topic has been in business for over a quarter century’s time — currently operating 685 stores in the U.S., Still “outsider-y,” as it were, but welcoming to a wider range of outsiders.

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PYMNTS

MAY 28, 2018

The Verge reported that Best Buy Mobile stores were only contributing around 1 percent of overall revenue, while gobbling up more in operational costs than their full-sized counterparts. Outside of grocery, crafts retailer A.C. That’s according to Business Insider ; the retailer hasn’t been vocal about its upcoming closures.

Retail 100

Retail Missouri New Jersey Minnesota 100

PYMNTS

SEPTEMBER 22, 2017

Retail stores are rarely built by accident, particularly in the real world, if for no other reason than retail is sort of an intentional thing. But Recology CleanScapes — an operating company under Recology — is different from most of what is out there in retail.

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PYMNTS

DECEMBER 26, 2019

In an email to merchants, the company said the reason is a change in retail strategy, and the site will merge with SpeedLvn, which retails products sold at Lotte’s physical stores. The move is indicative of the trend toward “new retail,” which is the blending of eCommerce and traditional retail.

Retail 130

Retail Groups Maine Google 130

PYMNTS

APRIL 14, 2020

True Religion was acquired for $824 million in 2013 by London-based capital investment firm TowerBrook Investment Partners, and ended up filing for bankruptcy in 2017. Due to the pandemic forcing stores to close, around a million employees of various brands and retailers have been furloughed.

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Delaware Branding Retail Trends 160

PYMNTS

DECEMBER 30, 2020

billion illegally since 2013 by calling XRP a commodity when in reality it was more like a security, according to a press release. The government alleged in the complaint that Ripple Labs and some executive raised $1.3

Missouri 160

Missouri cryptocurrency Security Retail 160

PYMNTS

DECEMBER 28, 2016

Activewear brand Fabletics , which was co-founded by Kate Hudson in 2013, announced plans for a retail expansion across the U.S. The company confirmed that the new locations will bring the brand’s total retail store count to 30 locations throughout the U.S.

San Diego 190

San Diego San Jose San Francisco Indianapolis 190

PYMNTS

JANUARY 9, 2019

8) that his office, as well as 42 other state attorney generals, have settled with Neiman Marcus over a 2013 breach of customer payment card data at 77 of the retailer’s stores. million settlement, the department store operator has agreed to take steps to prevent another breach from happening in the future.

Maryland 158

Maryland Cards Payments Data 158

PYMNTS

DECEMBER 15, 2019

The labor union Verdi, in an effort to force Amazon to recognize collective bargaining agreements that apply to other retail employees, is calling on employees to demand better working conditions. . The expansion push is part of the retail giant’s plan to build its own land, sea and air logistics operation to help contain shipping costs.

Taxes 148

Taxes Retail Report Operations 148

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. billion leveraged buyout in 2013.

Retail 100

Retail Marketing Branding Austin 100

PYMNTS

MARCH 26, 2020

Jeffrey Zack, a spokesperson for the company, said there was “no evidence” that the breach had hit the company’s own network, adding that it was “fully operational.” The company said it was looking into a “security incident” that involved unauthorized access with a third-party company. Zack did not say anything beyond that.

Security 171

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PYMNTS

JULY 22, 2019

Once the transaction closes, Reverb will continue to operate as a standalone business. Vibrant two-sided marketplaces are lightning in a bottle — there are only a handful of them operating at scale — and Reverb is one,” said Etsy CEO Josh Silverman in a press release. We’ve always found inspiration in Etsy.

Marketing 109

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PYMNTS

JULY 22, 2019

Once the transaction closes, Reverb will continue to operate as a standalone business. Vibrant two-sided marketplaces are lightning in a bottle — there are only a handful of them operating at scale — and Reverb is one,” said Etsy CEO Josh Silverman in a press release. We’ve always found inspiration in Etsy.

Community 100

Community Chicago Operations Retail 100

PYMNTS

NOVEMBER 5, 2020

Digital delivery service goPuff will acquire BevMo , a specialty beverage retailer based on the U.S. BevMo boasts an operation in 161 neighborhood stores in California, Arizona and Washington, which goPuff plans to use to integrate its micro-fulfillment centers. West Coast, according to a blog post from goPuff.

Los Angeles 165

Los Angeles California Philadelphia Arizona 165

PYMNTS

NOVEMBER 26, 2018

Kering is gearing up to offer its own luxury eCommerce sites within the next two years, ending existing joint-venture efforts and bringing such operations in house, reported Reuters. Now, those retailers taking full eCommerce ops in house have, in turn, full access to sensitive data tied to clients.

social media 141

social media Branding Online Apple 141

PYMNTS

FEBRUARY 16, 2018

The eyeglass retailer is aiming to have approximately 100 stores in the U.S. Warby Parker currently has 64 stores in markets the retailer carefully chose. We think the presentation by retail experts of ‘either [online] or [offline]’ is a false choice,” Warby Parker CEO Neil Blumenthal told CNBC. “It

New York 101

New York Retail Online Meeting 101

PYMNTS

JANUARY 8, 2018

At the same time, the company has a strong driver and ordering operation in place, which should keep growth intact. to $0.25), which will help offset the cost of technology investments that have been tied to initiatives such as the voice-activated features with Alexa, which were unveiled in mid-2017, and Easy Orders, which debuted in 2013.

Retail 100

Retail Michigan Conference Taxes 100

PYMNTS

OCTOBER 2, 2020

Right from the start, the project has been a symbol of the mall format’s troubles as it has had to close with the pandemic, and now reopen in a retail environment in which shoppers are opting for eCommerce. It features 3 million square feet of retail and entertainment space.

New York City 131

New York City America New Jersey New York 131

PYMNTS

OCTOBER 21, 2019

Retail chain Destination Maternity reportedly filed for bankruptcy on Monday (Oct. 21), the latest commerce operator to be on the verge of extinction in this age of digital and mobile. though they also operate under such brands as Motherhood Maternity and Pea in the Pod stores. “As billion in 2013, representing a 2.10

Trends 101

Trends Retail social media Online 101

PYMNTS

DECEMBER 24, 2019

All that’s left now, more or less, is the rush of returns that will all but overwhelm some retailers. Yet, instead of offering the option to pay now and buy later, the credit cards reversed the order of operation and allowed customers to buy now and pay later over time. So, what kinds of products will people be getting this year?

Millennials 139

Millennials Branding Trends Retail 139

Bank Innovation

MARCH 1, 2019

This is up from 35% in 2017, and way up from 18% in 2013, according to Financial Technology Partners’ 2018 Annual Fintech Almanac. Strategic participation in fintech climbed in 2018, with 41% of all fintech financings containing either a corporate VC or strategic investor.

Fintech 170

Fintech Financial Technology Technology Operations 170

PYMNTS

DECEMBER 23, 2020

Delving into the complaint , the SEC alleges that “From at least 2013 through the present, [Ripple and the defendants] sold over 14.6 billion to fund Ripple’s operations and enrich Larsen and Garlinghouse.” There had been speculation over whether the company would relocate its operations outside the U.S.

cryptocurrency 234

cryptocurrency Security Bitcoin Regulation 234

PYMNTS

OCTOBER 3, 2016

Struggling retailer Cabela’s is expecting bids this week for purchase. Cabela’s investor Elliott Management last year disclosed an 11 percent stake in Sidney, Nebraska-based Cabela’s and is reportedly urging a sale to pull value out of the hard-hit by recent trends retail operation.

Nebraska 148

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PYMNTS

JULY 11, 2018

CNBC said The Steinberg Group , which operates under the name dOMAIN, and a production management company in New York City agreed to submit altered invoices and bills to hide the scam. The fraud happened from 2008 until he was fired in 2013, noted the report. He also worked with two QVC vendors to aid in ripping off the company.

Company 102

Company New York City Fraud Retail 102

PYMNTS

AUGUST 23, 2018

The home improvement retailer reported net income of $1.52 The reported earnings included non-cash pre-tax charges of $230 million, the result of the company’s decision to close all 99 locations of Orchard Supply Hardware, which Lowe’s purchased out of bankruptcy in 2013. billion ($1.86 billion ($1.68 per share) the previous year.

Retail 100

Retail Taxes Capital US 100

PYMNTS

MARCH 22, 2017

In Sears’ latest annual report for the past fiscal year, it issued a statement saying, “Our historical operating results indicate substantial doubt exists related to the company’s ability to continue as a going concern.”. billion | Losses since 2013. 44 percent | Percentage decline in revenue since 2013.

Data 101

Data Operations Report Retail 101

PYMNTS

JANUARY 15, 2020

Banks will be able to offer the new solutions directly to their own customers or use Raisin’s platform to reach all potential retail consumers. Raisin , which is backed by PayPal, was founded in Berlin in 2013 and has raised about $200 million in funding from investors. platform,” said Raisin U.S. CEO Paul Knodel.

Fintech 131

Fintech US Software Retail 131

PYMNTS

MARCH 5, 2019

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. . What we can share at this stage is that we are conducting test operations during this early phase,” a JD.com spokeswoman said.

Google 116

Google Online United States Big Data 116

PYMNTS

NOVEMBER 15, 2016

In a recent column featured in Forbes , the thinking goes that online retail has managed to disrupt the lives of many a brick-and-mortar retailer. There’s another existential threat here, as online retailers must grapple with other online retailers. Is Overstock an overvalued stock?

Retail 100

Retail Bitcoin Taxes Online 100

CB Insights

OCTOBER 9, 2018

Traditional retail is getting an upgrade. Despite the rise of e-commerce and mobile, the physical channel still plays an important role in consumer experience — and retailers are increasingly leveraging technologies to stay afloat. Get the entire 54-page retail report. Why Are retailers are pivoting towards cashier-less retail?

Retail 71

Retail Technology San Francisco Mobile 71

PYMNTS

FEBRUARY 27, 2019

27) that it will soon launch its retail banking business in the country. Currently, the FinTech is operational in 24 countries in Europe. N26 originally launched in 2013 in Germany without a banking license under the name Number26, operating as a financial interface. N26 had previously announced plans to enter the U.S.

Marketing 116

Marketing Fintech Operations Report 116

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

DECEMBER 10, 2018

Inspired, retailers set out to develop their own products with those same benefits: debit functionality, rich consumer rewards and a lower interchange fee burden when consumers used them to shop their stores. The REDCard has seen its growth slow appreciably since 2013, the year of the infamous Target breach.

Branding 184

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PYMNTS

JUNE 23, 2016

Retailers have plenty of reasons to put on a happy face when things might not necessarily be going so well on the black-and-white financial side of things. Whether its to reassure shareholders or project an image to consumers, never admitting defeat is a go-to strategy of many a retailer – and it seems so too with H&M.

Retail 100

Retail Branding Strategy US 100

PYMNTS

JUNE 19, 2016

And according the the Atlanta-based building supplies retailer, that flaw is putting both customers and retailers at risk. It’s the latest large retailer to raise the security concerns, with a lawsuit filed this week in U.S. Retailers pay more on signature transactions than they do for PIN payments — roughly $.05

Retail 100

Retail Cards Data Atlanta 100