PYMNTS

JANUARY 23, 2019

this year as the leading retail market around the world. According to eMarketer’s worldwide retail and eCommerce forecast, in 2019 China’s total retail sales are forecast to increase 7.5 That compares to retail sales in the U.S. That means China’s retail sales are expected to surpass the U.S. percent of retail.

Retail 181

Retail Marketing US Online 181

PYMNTS

NOVEMBER 27, 2019

A late Thanksgiving means retailers faced less time to offer holiday shopping deals, so many of them compromised by simply starting sales early. The last time there were so few days during the holiday shopping season was 2013, and retailers struggled to ship items on time. billion online since Nov. percent year over year.

Retail 132

Retail Online Video Apple 132

PYMNTS

JULY 9, 2019

Automated retail might conjure up images of robot cashiers, but beyond a few convenience stores in Japan and Korea, that sci-fi development hasn’t yet become reality for the wider world. The latest Automated Retail Tracker explores these trends and new developments in the unattended retail space. smartphone users.

Retail 180

Retail Houston Minnesota Austin 180

PYMNTS

JANUARY 8, 2020

Citigroup named David Chubak, 39, to head the retail banking division in the U.S., Chubak has been with Citi since leaving McKinsey in 2013 and will report directly to Anand Selva, head of the U.S. Chubak will head all retail sectors — branches, mortgages, wealth, risk management and small business, according to the memo.

Retail 101

Retail New York Risk Management Customer Experience 101

PYMNTS

NOVEMBER 7, 2019

That means retailers have a whole week less to sell during the holidays. As a result, retailers are starting the shopping season early this year and offering delivery incentives, Reuters reported. The holiday shopping season is important for retailers, and many rely on the revenue to make or break the year.

Retail 101

Retail Meeting Online Report 101

PYMNTS

JANUARY 14, 2019

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.

Retail 198

Retail Online Mobile Data 198

PYMNTS

NOVEMBER 19, 2019

Trying on clothes in the store can really be an experience of fashion out of context — a problem that MIT graduate Salvador Nissi Vilcovsky decided to formally take on in 2013 when he and MemoMi Co-Founder Ofer Saban launched a product that had heretofore never been seen in the market: a smart mirror. We’re like a chameleon.

Retail 102

Retail Innovation Training Video 102

PYMNTS

NOVEMBER 12, 2018

Refunds in the hundreds of millions might be in store for retailers with the ruling, the Financial Times reported. Schurder told the FT , “ATMs are part of the retail offer of the stores they are situated in and the VOA should never have treated them as separate businesses.

ATM 144

ATM Retail Cards Maine 144

PYMNTS

MARCH 16, 2018

Ever since 2013, when Amazon CEO Jeff Bezos said the eCommerce giant was working on a 30-minute drone delivery program called Prime Air, people have been saying that delivery is the big retail use case for drone technology. Domino’s furthered the point by delivering a pizza by drone in 2016. Patent and Trademark Office.

Retail 151

Retail Technology Survey Course 151

PYMNTS

MARCH 8, 2016

When it comes to gender parity at the highest echelon of retail companies, it appears that the mark is being missed in the U.K. As The Independent points out, a new study — the latest annual Retail CEO Tracker by recruitment firm Korn Ferry — shows that the number of female CEOs appointed to U.K.

Retail 100

Retail Study Report Company 100

PYMNTS

SEPTEMBER 30, 2019

These laws were meant to make online sellers face sales tax requirements similar to those for retailers with on-the-ground locations, putting both types of businesses on equal footing. Retailers in high-tax states have largely not been able to build themselves up or expand online beyond their local markets to the same extent, Rogers said. .

Retail 109

Retail Taxes Virginia South Dakota 109

PYMNTS

NOVEMBER 20, 2019

2013: The year Salvador Nissi Vilcovsky and Ofer Saban co-founded MemoMi, their smart mirror product. All this, Today in Data. Data: 4,000: Maximum number of wishes placed on a Christmas tree in the town of Roth, Bavaria in previous years. 2015: The year Eat Your Coffee launched as a business.

Innovation 108

Innovation Retail Data Branding 108

PYMNTS

AUGUST 10, 2017

At the basic level of retail industry chatter online, much of the focus is on the battle between brick-and-mortar versus eCommerce. While the closing of several big box and department stores alongside online shopping’s reshaping the retail shopping are certainly discussions worth having, it doesn’t encompass the entire retail spectrum.

Retail 108

Retail New York City Online social media 108

PYMNTS

DECEMBER 21, 2020

21) that Acima founder Aaron Allred and his team have created a leading virtual LTO solution for retailers and consumers. “We We all share a common vision to expand the virtual LTO offering across a broader set of retail partners and to meet the needs of more customers through an integrated omnichannel strategy. billion in 2020.

Utah 263

Utah Retail Taxes US 263

PYMNTS

NOVEMBER 8, 2018

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.

Retail 129

Retail social media Online Taxes 129

PYMNTS

APRIL 13, 2018

It was a record-breaking first quarter for retailers in the U.S. According to a report issued by Moody’s earlier this week, the retail sector managed to notch a record number of defaults during Q1 2013, with nine retailers defaulting on their debt. corporate borrowers has increased to 3.9 percent, compared with 3.4

Retail 116

Retail Course Washington Marketing 116

PYMNTS

MAY 23, 2018

The severe delinquency rate on private label retail credit cards jumped 57 basis points from March of last year and stands at 4.65 percent from the same period last year, with delinquencies rising steadily on a seasonal basis since 2013. percent, according to Equifax ’s latest National Consumer Credit Trends Report. billion are up 0.8

Retail 101

Retail Cards Trends Report 101

PYMNTS

AUGUST 28, 2018

What about retail stores, restaurants and hotels? Technology is making it easier for the workforce to put in the daily eight (or 10, or 12) hours from their own homes, but another change is taking place: Using commercial space left behind by retailers, or in eateries or hotels, as communal areas of work. WeWork Efforts.

Retail 101

Retail New York City Arizona United States 101

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.

Retail 103

Retail New York City San Francisco New York 103

PYMNTS

APRIL 11, 2019

There wasn’t any market research back in 2013 to gauge the interest on the part of consumers for a voice-activated speaker, yet Amazon forged ahead. ” Bezos ended his letter challenging other retailers to match Amazon’s employee benefits and its minimum wage of $15 an hour.

Retail 129

Retail Customer Experience Course Tools 129

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. The company itself appears to have officially lopped five years off the low end of that categorization range and added two at the top, defining it in a recent press release as “18- to 24-year-old men and women.”.

Retail 100

Retail Puerto Rico Branding Groups 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

JULY 8, 2019

In a new PYMNTS interview, Andrei Cherny, CEO at Aspiration Bank, shares with Karen Webster his experience in building this new retail banking concept over the last four years. What we’ve really done is create this category of socially conscious, sustainable retail banking that really didn’t exist before,” Cherny said. “We

Retail 116

Retail New York City Millennials Boston 116

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. The first of these concept stores got off the ground in 2013.

Retail 108

Retail Washington Community Seattle 108

PYMNTS

FEBRUARY 14, 2020

Walmart is Mexico’s biggest retailer. In 2013, they opened 214 new stores in the country. In 2019, the retailer opened 134 stores and grew its footprint in the country by 5 percent. She said the expansion of stores would also allow the retailer to provide thousands of new jobs. In other Mexico news , Walmart saw a 2.7

Taxes 239

Taxes Video Retail Online 239

The Paypers

MAY 24, 2017

million to resolve a multi-state investigation into the retailer`s massive data breach in late 2013. (The Paypers) Target has agreed to pay USD 18.5

Data 28

Data Retail 28

PYMNTS

MAY 16, 2016

The retail sector in the region grew by 209 percent from $4.4 Others, including the Confederation of Indian Industry and reporting firm Deloitte, predict the online retail sector in India will reach $1 trillion by 2020. billion in 2010 to $13.6 billion in 2014, more than tripling in fewer than five years.

Retail 100

Retail Marketing Online Mobile 100

PYMNTS

SEPTEMBER 9, 2020

The investigation stems from Visa’s introduction of fees for staged digital wallets implemented three years ago following Mastercard’s move to add the charges in 2013. Visa’s SEC filing also reported that since the summer of 2013 more than 500 merchants have filed suit against its subsidiaries in the United Kingdom (U.K.),

Google 223

Google Survey Report Retail 223

PYMNTS

MAY 28, 2018

This is the opposite of what has been seen in some other categories, where smaller-format stores are helping to stem the tide of closures – or, at least, retailers seem to hope that will be the case. Outside of grocery, crafts retailer A.C. Grocers, for instance, are heartily embracing small-format stores.

Retail 100

Retail Missouri New Jersey Minnesota 100

PYMNTS

JUNE 19, 2017

When Alooma CEO and cofounder Yoni Broyde talked to retailers, he found that for most of them, analysis wasn’t the problem. After they spent six months talking to retailers across North America and Europe, the founders built and launched the Alooma cloud service in 2013. An excerpt of the interview is below.

Data 128

Data Retail Analysis Analytics 128

PYMNTS

DECEMBER 13, 2019

Although retailers kicked off an earlier shopping timetable, toy discounts have plummeted this holiday season, Bloomberg reported on Thursday (Dec. The shopping time between Thanksgiving and Christmas is six fewer days this year, the shortest since 2013. Barbie from Mattel is still the most popular holiday toy for girls.

New York 131

New York Retail Online National 131

PYMNTS

APRIL 17, 2020

Google, for its part, rolled out a Wallet debit card in 2013 before closing it down in 2016. The card is Goldman Sachs’ newest inroad into the retail consumer business after establishing its digital Marcus brand in 2016. In separate news, Apple Card clients had $736 million in loan balances at the conclusion of September.

Google 229

Google Cards Apple Branding 229

Jeff For Banks

JANUARY 18, 2014

But in nine short months of 2013, you and the Fed stumbled with mixed signals and miscommunication and the markets pushed the 10 year Treasury yield up by 130 basis points to 3.00%, removing all of the good attained by QE over the years. No wonder retailers were slashing prices for the Christmas holiday spending season.

Philadelphia 86

Philadelphia Policies US Marketing 86

CFPB Monitor

JULY 29, 2022

and related entities (collectively, “Harris Jewelry”), a national jewelry retailer that markets and sells military-themed gifts, to resolve their lawsuit which alleged that Harris Jewelry had engaged in unlawful sales and credit practices targeting servicemembers.

National 78

National Retail Regulation New York 78

PYMNTS

DECEMBER 28, 2020

CEO since 2013, Siegel will continue to lead the company following the acquisition. Morgan’s retail division, according to the CNBC report. The price of the transaction was not disclosed, but the deal is expected to be complete this week, CNBC reported. They will report to Lake.

Connecticut 282

Connecticut Groups Customer Experience Cards 282

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

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