PYMNTS

NOVEMBER 19, 2019

Two famous North American-based quick-service restaurant (QSR) brands are preparing to duke it out in China for chicken-meal supremacy, the most recent sign of how Western brands are trying to increase their footholds in that massive country. The news comes as more Western brands – including those based in the U.S. –

Branding 100

Branding Retail social media Video 100

PYMNTS

OCTOBER 7, 2019

“These decisions are not taken lightly, but we believe they are necessary to set the brand and business up for long term success,” a spokeswoman said. It started online and soon added stores where people could go and try on clothes and then place orders for them to be delivered. The decision for the layoffs came from Bonobos, she said.

Online 100

Online Retail Digital Strategies Branding 100

PYMNTS

JANUARY 20, 2017

To combat 2016’s considerable slowdown in the grocery market as sales continue to move online, many grocery stores have started introducing grocerants. Using DinnerCall’s solution, grocerants can make their prepared foods and meal kits available for online order and pickup.

Online 100

Online Millennials Analytics System 100

PYMNTS

JULY 1, 2016

The accepted wisdom of the current retail reality is that no formerly brick-and-mortar brand can operate in a vacuum from the destabilizing effects of online sales. Take companies like Ulta Beauty or Sephora ,” Davidowitz told NREI. “They are insulated from Amazon.com. Amazon can’t put makeup on you.

Online 101

Online New York City Branding New York 101

PYMNTS

JANUARY 9, 2018

Target is reporting strong in-store and online holiday sales, according to The Wall Street Journal. Target’s CEO, Brian Cornell, reported the company’s physical locations helped fulfill a plethora of online orders during the holiday shopping rush, particularly for toys like the Barbie Dreamhouse, L.O.L. The same segment saw a 1.3

Online 109

Online Retail Apple Strategy 109

PYMNTS

DECEMBER 30, 2016

Consumers flocked to online and mobile commerce , robots rose in food and consumer goods , and brick-and-mortar stayed relevant with retail experimentation — pop – ups , flash sales , store-in-store and showrooms. In 2016, I believe that physical retail may be facing its own ‘Kodak moment,’” wrote Karen Webster. “How

Retail 123

Retail Online Customer Experience Trends 123

PYMNTS

DECEMBER 30, 2016

PYMNTS consulted 21 payments executives from across the industry to share their insights on the biggest takeaways from 2016 as part of the “Payments 2016, The Year Of…” eBook. Payments 2016: The Year Of An Incredible Shift In Retailer And Consumer Expectations. My company is in loyalty, or behavior incentivization.

Retail 129

Retail eBook Payments blockchain 129

PYMNTS

AUGUST 22, 2018

The online marketplace has disrupted any number of verticals, changing the way we shop and spend, and where we grab must-have items — from books to rugs to lamps, and sometimes from across international borders. We operate the only truly global luxury digital marketplace at scale, seamlessly connecting brands, retailers and consumers.

Online 101

Online Retail Branding Data 101

PYMNTS

JUNE 21, 2016

It’s becoming increasingly common for analysts to release less-than-encouraging reports on this or that brand’s online sales potential. However, when Goldman Sachs decides to give a retailer’s eCommerce operations two thumbs-up, it’s a rare enough occasion to make even the cynics pay attention.

Online 100

Online Branding Retail Report 100

PYMNTS

JULY 26, 2016

Alibaba , the Chinese eCommerce marketplace giant, has announced plans to expand its reach to Australia by the end of 2016, according to media reports.

Tools 100

Tools Strategy Branding Marketing 100

PYMNTS

AUGUST 18, 2017

Case in point: Walmart beat on earnings and revenue, saw same-store sales grow and online sales explode. Walmart’s online sales grew 60 percent year over year in the second quarter, which ended on July 31. Walmart said most of the growth had come from its own online business and not the acquisitions it has made in the past year.

Online 104

Online Retail United States Branding 104

PYMNTS

JULY 31, 2020

Authentic Brands Group ( ABG ), the New York-based brand management company, could be the latest potential buyer of Ascena Retail Group , the recently bankrupt parent firm of Ann Taylor, Footwear News reported. The New Jersey-based company operates about 3,000 stores, mostly at malls.

Puerto Rico 145

Puerto Rico Report New Jersey New York 145

PYMNTS

NOVEMBER 19, 2020

Dutch retailer Ahold Delhaize — owner of grocery behemoths Giant and Stop & Shop — has acquired a majority stake in supermarket delivery startup FreshDirect amid an online shopping surge propelled by COVID-19. “We Delhaize, founded in 2016 from a merger of Ahold and Delhaize Group, is among the biggest supermarket operators in the U.S.

Retail 153

Retail New York City New York Operations 153

PYMNTS

OCTOBER 6, 2019

ModCloth offers exclusive indie and vintage-inspired women’s clothing, shoes, handbags and accessories for 18- to 35-year-old women, while Go Global Retail is a brand investment platform for strategic investors in the consumer sector. Walmart acquired the assets and operations of ModCloth in March 2017 for an undisclosed amount.

Retail 129

Retail Branding Strategy Digital Strategies 129

PYMNTS

FEBRUARY 21, 2018

Walmart acquired Jet.com for roughly $3 billion in September 2016, followed by a series of eCommerce investments throughout 2017, including Bonobos, ModCloth and Moosejaw. We had a few operational issues from an inventory replenishment perspective.”. and around the world. and around the world. “We’ll McMillon predicted.

Online 100

Online Taxes Branding Retail 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

PYMNTS

APRIL 22, 2019

That’s reportedly the case when it comes to luxury retail brand Gucci. These platforms bring urgency to fashion and serve as a newsfeed for brands. Gucci Operation. Call center staff are encouraged to strike up personal relationships online with high-spending callers, just as the traditional shop assistant would.”.

Millennials 158

Millennials New York City social media Branding 158

PYMNTS

FEBRUARY 27, 2018

The design-centric, digitally focused brand is called Allswell, and it aims to deliver a greater assortment of goods paired with a more convenient shopping experience. Likewise, mattresses by the digital brand Leesa can now be purchased through brick-and-mortar avenues at West Elm and Pottery Barn.

Branding 108

Branding Leadership Millennials Retail 108

PYMNTS

DECEMBER 24, 2020

PYMNTS research on consumer shopping habits showed that 24 percent of all consumers say they have taken at least one of their routine shopping activities online and do not plan to revert to shopping in stores for this activity, even after the pandemic is over. More consumers are going online to shop and pay as the pandemic progresses.

Retail 295

Retail Branding Minneapolis Trends 295

PYMNTS

JANUARY 26, 2021

Looking ahead at 2021, positive signs are on the horizon for the industry despite strains on CU operations due to the pandemic. CU members who reported shopping online at least several times a week increased by nearly 50 percent since the pandemic began last spring. Around The Credit Union Landscape .

Tools 276

Tools Los Angeles New Jersey Trends 276

PYMNTS

SEPTEMBER 21, 2018

The company was founded by Portuguese fashion entrepreneur José Neves in 2008 with the goal of creating an online marketplace for luxury boutiques and brands. “We The average age of Farfetch’s luxury shopper is 36 — somewhat younger than usual, which explains why brands like Harvey Nichols were enthusiastic to sign on.

Branding 116

Branding New York Retail America 116

PYMNTS

NOVEMBER 3, 2019

Goldman Sachs said it doled out about $10 billion in credit lines in just over month for the Apple -branded credit card, Bloomberg reported on Friday (Nov. The Apple Card is Goldman Sachs ‘ latest inroad into the retail consumer business after establishing its online Marcus brand in 2016, which makes unsecured personal loans.

Apple 129

Apple Cards Branding Retail 129

PYMNTS

NOVEMBER 3, 2019

Goldman Sachs said it doled out about $10 billion in credit lines in just over month for the Apple -branded credit card, Bloomberg reported on Friday (Nov. The Apple Card is Goldman Sachs ‘ latest inroad into the retail consumer business after establishing its online Marcus brand in 2016, which makes unsecured personal loans.

Apple 127

Apple Cards Branding Retail 127

PYMNTS

FEBRUARY 24, 2017

National department store chain Kohl’s recently released its fourth-quarter financial earnings for 2016. While online order volumes were strong in Q4, slowing traffic to physical stores led to overall weak sales results for the end of 2016 to January 28, 2017. At the end of the year, Kohl’s operated 1,154 stores in 49 U.S.

Online 116

Online National Branding Management 116

PYMNTS

JULY 25, 2018

When eBay announced that it would be accepting Apple Pay , it wasn’t the only new development for the online marketplace. In 2016, eBay launched its B2B platform, Business Supply , though it has mostly continued to focus on its B2C commerce operations.

Lending 134

Lending Capital Apple Operations 134

PYMNTS

FEBRUARY 1, 2018

Online marketplace Farfetch is planning to launch new mobile technology that will allow shoppers to flag items with their phones as they shop in stores. Farfetch allows customers to buy luxury clothes and accessories from more than 700 brands and boutiques worldwide. Retail shops still operate in the 80s.”.

Mobile 100

Mobile Retail Branding Study 100

PYMNTS

APRIL 3, 2018

Nutrition app MyFitnessPal, owned and operated by Under Armour , discovered a data breach last week which impacted 150 million users. Online travel booking site Orbitz — owned by Expedia — announced last week that its legacy site, Amextravel.com, had been compromised. 1, 2016 through Dec. Under Armour.

Branding 120

Branding Data Retail Security 120

PYMNTS

FEBRUARY 10, 2020

Founded in 2016 and headquartered in Minneapolis, Sezzle’s buy now, pay later (BNPL) payments platform is in the U.S. “One million active users is a huge operational achievement, and a testament to the value our users see in our product. It gives user the freedom to shop online and spread four equal payments across six weeks. .

Minneapolis 187

Minneapolis social media Retail Payments 187

PYMNTS

JANUARY 22, 2019

Maybe one day, quick-service restaurant ( QSR ) operators will look back upon 2019 as their cramming experience when it comes to digital security and fraud prevention. For instance, in 2016, 5 percent of Starbucks ‘ sales came from mobile orders, a figure that has since increased to 12 percent. Heck, yeah!”. Digital Progress.

How To 144

How To Fraud Online Mobile 144

PYMNTS

JUNE 6, 2019

Luxury brands are selling more and more on Chinese eCommerce sites like JD.com and Alibaba, while still keeping their distance from Amazon, as PYMNTS has covered. The idea of being listed along with batteries and windshield wiper fluid is not one that attracts luxury brands, The Wall Street Journal reported. Online Push.

Retail 122

Retail New York City Branding New York 122

PYMNTS

MARCH 13, 2019

Founded in 2012, Jumia also became the first African unicorn startup in 2016 after a $326 funding round that included Goldman Sachs, AXA and MTN. Jumia currently operates in 14 African countries, including Ghana, Kenya, Ivory Coast, Morocco and Egypt. Its data shows that the company processed more than 13 million packages last year.

US 129

US New York Leadership Analytics 129

PYMNTS

AUGUST 21, 2018

There is no word on how much the retailer — which connects nearly 900 boutiques and luxury brands to 2 million affluent and luxury-enthused consumers — plans to raise, but it placed a $100 million marker in the filing. percent increase over 2016, and its operating profit was $136.9 Of course, that could change. million in 2017.

Branding 100

Branding Retail New York America 100

PYMNTS

DECEMBER 8, 2019

The Apple Card is Goldman Sachs‘ latest inroad into the retail consumer business after establishing its online Marcus brand, which makes unsecured personal loans, in 2016. . “In From an operational and risk perspective, we’ve handled the inflows smoothly, and without comprising our credit underwriting standards.”.

Apple 139

Apple Cards Branding Retail 139

PYMNTS

JUNE 5, 2019

Triad’s main business is selling advertising space on the websites of retailers and helping brands create digital advertising campaigns. WPP had purchased Triad for about $300 million in 2016 from Rockbridge Growth Equity, the private equity firm. The Wall Street Journal reported that talks are in the early stage and could break down.

Retail 165

Retail Video Google Branding 165

PYMNTS

JANUARY 6, 2020

Food software startup Olo, named after the phrase “online ordering,” has plans to file an initial public offering (IPO) in 2020, according to a report from Bloomberg. The company got a real boost when The Raine Group invested $40 million in 2016, and again when Tiger Global Management invested $18 million in 2019.

New York 130

New York California Google Online 130

PYMNTS

SEPTEMBER 6, 2018

Big brands have a complicated relationship with Amazon : The eCommerce retailer serves both as a potential competitor and as a retail partner that could open up new sales channels. Among others, J.Crew has joined the likes of Nike and Party City to become the latest brand to offer its products through the eCommerce site.

Branding 101

Branding Online Millennials Retail 101

PYMNTS

JANUARY 21, 2020

One of the biggest questions that promises to play out in the larger world of restaurants — whether quick-service operations or others — is who will ultimately own their customers, and whether those businesses can get them back once they are lost to third-party delivery services and aggregators.

Mobile 148

Mobile Trends United States Online 148