PYMNTS

MARCH 25, 2019

To help meet customer expectations in the digital age, retailers have to know who their shoppers are and what they want. While eTailers already have this information about consumers, brick-and-mortar retailers don’t have this in-depth knowledge. They can also help capture the ages, genders and emotions (in some cases) of shoppers.

Retail 198

Retail San Francisco Houston Branding 198

PYMNTS

FEBRUARY 5, 2018

The retailer said it voluntarily filed for Chapter 11 bankruptcy protection in Delaware and is exploring a sale, Fortune reported. Before the announcement, Bon-Ton announced it would shutter 40 out of its 260 brick-and-mortar stores across its various brands.

Retail 128

Retail Milwaukee Delaware Branding 128

PYMNTS

JANUARY 2, 2020

It’s going to be a very vocal year when it comes to retail. About 31 percent of consumers now own voice-activated devices, up from 27 percent in 2018 and 14 percent in 2017. About 31 percent of consumers now own voice-activated devices, up from 27 percent in 2018 and 14 percent in 2017. Connected Commerce.

Retail 154

Retail Branding Comparison Data 154

PYMNTS

JUNE 6, 2019

Look to China, and look some more — that’s one of the main messages in mid-2019 for luxury retailers, at least for ones not based in the U.S. According to a report from Bloomberg , the luxury brand’s CEO, Michael Burke, “gave a rosy view of its China business, easing concerns about the effects of a trade war with the U.S. Online Push.

Retail 122

Retail New York City Branding New York 122

PYMNTS

FEBRUARY 21, 2018

Cardtronics, the world’s largest ATM owner/operator, reported solid growth for Q4 2017 and for the full year in general. million in the prior year, driven by the DCPayments and Spark acquisitions completed in January 2017. Operating revenues hit $346.2 ATM operating revenues came it at $1.45

ATM 100

ATM Retail Operations Branding 100

PYMNTS

JUNE 8, 2018

After news surfaced in May that Golden Gate Capital was considering a merger of Eddie Bauer and Pacific Sunwear of California , the private equity firm has created a new operating company comprised of the two retailers. Both brands have made great progress in the past 24 months and have generated strong performance.

Operations 100

Operations Company California Branding 100

PYMNTS

MARCH 9, 2018

Beleaguered toy retailer Toys R Us is in the midst of prepping plans to liquidate its U.S. operations, currently in bankruptcy, according to recent Bloomberg reports. The plans come as the company has yet — and the emphasis may be on “yet” — to find a buyer for those operations or finalize its debt restructuring plans.

US 107

US Operations Training Strategy 107

PYMNTS

MAY 8, 2020

Brookfield has been moving in on mall-centric retail for some time, acquiring all of the stake for U.S. In 2020, Brookfield has teamed with Simon and Authentic Brands Group to acquire Forever 21, which was in bankruptcy court. Last year, over 9,000 retail stores closed in the U.S.,

Las Vegas 141

Las Vegas Retail Illinois Groups 141

PYMNTS

JANUARY 24, 2020

But no matter the case, music is a big part of the retail world, and is helping to create new harmonies of innovation and disruption. Although Apple will operate the playlist, a fairly young label called UnitedMasters , founded in 2017, will provide much of the music. Others don’t. New Partnerships and Services.

Retail 151

Retail Innovation Apple San Jose 151

PYMNTS

SEPTEMBER 10, 2018

To bring higher-end products to its website, Walmart had courted brands like water-filtration company Katadyn for months. As part of its efforts, the retailer gave some brands the opportunity to determine how outside sellers on the its website price and display their products. These brands are objecting because of pricing.

Branding 101

Branding Retail Michigan Online 101

PYMNTS

MAY 8, 2017

The UK’s top retailers are facing tough competition online from U.S.-based According to eMarketer , February 2017 data from comScore MMX shows Apple and Google Shopping placed fifth and sixth, respectively, among the U.K.’s s top 10 retail companies as ranked by unique visitors to their desktop brand sites.

Retail 116

Retail Online US Apple 116

PYMNTS

APRIL 2, 2019

Consumers may be curbing their spending , and perhaps even anticipating a new recession, but that could all serve as fuel for certain types of retail expansion — in this case, more brick-and-mortar stores for deep discount chain Five Below. But both efforts, along with other moves, show the ongoing life behind brick-and-mortar retail.

Retail 116

Retail New York City Metro Course 116

PYMNTS

DECEMBER 26, 2019

This year, apps aimed to make it easier and more convenient for consumers to order their favorite foods and sundries, with restaurants and other retailers tapping into delivery. To help bring these options to more consumers, retailers and technology companies decided to join forces. and Chicago.

Retail 134

Retail New York City Los Angeles New York 134

PYMNTS

SEPTEMBER 17, 2019

The future of retail is playing out in multiple places, not the least of which is the open road. In 2017, GM started shipping vehicles with Android Automotive OS, starting with integration in the Cadillac CTS and then expanding to other cars. There will be more integration throughout all GM brands after the initial deployment.

Google 171

Google Retail Customer Experience System 171

PYMNTS

APRIL 30, 2018

Brands and retailers face a dilemma then: How do companies reach consumers through their phones? As a result, Kolacz is rolling out technology for brands and retailers to connect with customers through messaging platforms such as Facebook Messenger, WeChat , Viber and WhatsApp. The Platform.

Retail 118

Retail Branding Customer Experience Knowledge Base 118

PYMNTS

MAY 4, 2017

Brands (YUM) beat out earnings and revenue estimates for Q1, though numbers were still down year-on-year. Revenues for Q1 2017 hit $1.42 Brands is already well underway, helping us deliver a solid start to 2017 with core operating profit growth of 9% in the first quarter,” said CEO Greg Creed in the release.

Branding 100

Branding Strategy Operations Marketing 100

PYMNTS

AUGUST 16, 2017

There are rarely second acts in retail — particularly once bankruptcy is in play — but, every so often, the unexpected happens. Last week, footwear retail company Payless ShoeSource was one of those unexpected stories, a company pulled into the bankruptcy whirlpool but getting plucked out before being sucked all the way down to the bottom.

Retail 153

Retail Kansas America Branding 153

PYMNTS

OCTOBER 30, 2020

Patrik Frisk, president and CEO of Under Armour, told The Baltimore Sun that the company is focused on returning to profitability and is planning to invest in eCommerce and company-owned retail outlets. . The brand is also making moves to reel-in the number of brick-and-mortar locations that carry the Under Armour line. .

Baltimore 219

Baltimore Maryland Regional America 219

PYMNTS

MAY 7, 2019

Walmart is the latest example of the power of pets in retail — a power that is having significant influence among various merchants competing for the loyalty and dollars of pet owners. As well, if done well, pet retail can serve to increase foot traffic into bricks-and-mortar stores at a time when it is dearly needed.

Retail 116

Retail Fort Worth Online Dallas 116

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

APRIL 14, 2020

Premium jeans brand True Religion has filed for bankruptcy for the second time in three years, according to court filings. 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.

Delaware 160

Delaware Branding Retail Trends 160

PYMNTS

APRIL 30, 2018

That’s after closing 800 stores in 2017. As a high-profile American brand, Subway may have some luck with its plans for international expansion — it plans to open more than 1,000 locations abroad this year — but it appears that America has already moved on. Some experts called the brand “tired” and in need of an update.

Retail 100

Retail Branding Boston Washington 100

PYMNTS

OCTOBER 6, 2019

Go Global Retail announced its plans to acquire the assets of ModCloth from Walmart. 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.

Retail 129

Retail Branding Strategy Digital Strategies 129

PYMNTS

MARCH 7, 2018

To help merchants and other service providers convert more consumers at the point of sale, LendingPoint has unveiled LendingPoint Merchant Solutions, a platform that will provide fully integrated one-stop retail financing, the company said in an announcement. The move comes after the company acquired LoanHero in Dec.

Retail 100

Retail San Diego Georgia Risk Management 100

PYMNTS

APRIL 5, 2018

retailers (or any foreign players) to establish a strong presence in the Chinese market. Meanwhile, although many products around the world bear the “Made in China” stamp, that doesn’t necessarily mean Chinese brands have had an easy time setting up shop away from home. Historically speaking, it has not been easy for U.S. Sam Edelman.

Retail 115

Retail US Regional Branding 115

PYMNTS

AUGUST 7, 2019

Those two retail trends have recently collided in Southeast Asia, where Carro, an automotive marketplace and financing provider, reportedly has bought Jualo, an online marketplace for used goods from some 300 product categories. The deal is not the only recent news involving the online retail sales of automobiles. Retail Waste.

Online 112

Online Retail Trends New York 112

PYMNTS

JULY 23, 2019

One might assume the hardest part of building a product to disrupt the traditional sunscreen industry would be actually formulating a new brand of sunscreen. Enough, in fact, that it propelled the firm’s second big pivot — bringing in Dior retail strategy veteran Amanda Baldwin to run the operations of the company as president.

Branding 108

Branding San Antonio New York Leadership 108

PYMNTS

FEBRUARY 3, 2020

And in retail innovation, Indonesia’s Blibli.com has opened a cashierless brick-and-mortar store location for its BlibliMart brand. s program for dockless electric vehicle operators. 2017: The year D.C s program for dockless electric vehicle operators. 2017: The year D.C All this, Today in Data.

Innovation 141

Innovation Washington Data Branding 141

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. As a result of the series of retail fails, the default rate of high-risk U.S.

Retail 116

Retail Course Washington Marketing 116

PYMNTS

FEBRUARY 15, 2019

eCommerce brands are opening up pop-up shops in cities to test out brick-and-mortar retail, and Recess is using this platform to highlight its hemp-extract beverages in a temporary space in New York City that is dubbed the Take A Recess IRL Pop-Up. IKEA, however, acquired Handy competitor TaskRabbit in 2017.

Retail 116

Retail New York City New York Los Angeles 116

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

AUGUST 1, 2017

To say direct-to-consumer retail practices have had an impact on the manufacturing industry would be an understatement. With eCommerce a major proponent of the direct-to-consumer (DTC) channel and showing no signs of slowing down, the retail industry landscape has been forever changed.

Industry 120

Industry Retail Study Technology 120

PYMNTS

AUGUST 7, 2018

billion market to a $5 billion market by the end of 2017, as independent startups entered the business only to find supermarket chains and big box stores entering the mix. For example, retailers that get customers to pick up goods inside a store have the opportunity to get them to buy more products when they come to pick up orders.

Retail 101

Retail Company Strategy Branding 101

PYMNTS

MARCH 11, 2020

The advance of Amazon’s cashierless technology is not a new story to the retail beat as of 2020. We’re not trying to replace them,” Cameron Janes, vice president of Amazon’s physical retail division, told CNBC. “I Have other retailers signed on with the service? We’re not trying to be Whole Foods.

Retail 130

Retail San Francisco Technology Data 130

PYMNTS

AUGUST 10, 2018

Traditional retail locations, ranging from fashion and home furnishings to hardware and department stores, have been forced to make significant changes in the face of heightened competition from eCommerce giants like Amazon and omnichannel powerhouses, like Walmart and its online unit, Jet.com.

Digital Strategies 104

Digital Strategies Retail Strategy Los Angeles 104

PYMNTS

MAY 16, 2016

When most retailers talk about retooling their brick-and-mortar locations to chase some shade of experiential retail, it’s all about adding more multimedia distractions on top of a decidedly unentertaining offering. This store will be the reinvention,” Opland told Racked.

Retail 100

Retail New York Branding Maine 100

PYMNTS

OCTOBER 7, 2019

Walmart-owned men’s retailer Bonobos laid off staff on Monday (Oct. 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. Walmart bought Bonobos for $310 million in 2017. In 2018, it bought Elloqui, a plus-size women’s fashion brand.

Online 100

Online Retail Digital Strategies Branding 100