PYMNTS

NOVEMBER 20, 2018

In an organized retail crime (ORC) survey, the National Retail Federation found that 92 percent of respondents were victims of the practice in the past year. These criminals find new ways to expand their networks and manipulate the retail supply chain every day.”.

Retail 110

Retail National Survey Fraud 110

PYMNTS

OCTOBER 7, 2019

Walmart-owned men’s retailer Bonobos laid off staff on Monday (Oct. Walmart bought Bonobos for $310 million in 2017. It started online and soon added stores where people could go and try on clothes and then place orders for them to be delivered. In 2017, the retail giant bought ModCloth and Moosejaw, and outdoor retail company.

Online 100

Online Retail Digital Strategies Branding 100

PYMNTS

JANUARY 3, 2020

Online brands are growing their presence in the physical world by bringing their products into brick-and-mortar stores. Ouai , a hair and body care brand founded by celebrity hairstylist Jen Atkin, will roll out some of its merchandise in 1,200 Ulta Beauty locations in addition to the retailer’s website on Sunday (Jan.

Retail 131

Retail Industry Branding Miami 131

PYMNTS

FEBRUARY 9, 2017

The National Retail Federation (NRF) released its 2017 Economic Forecast this week. Not surprising was the find that online sales are predicted to be the frontrunner over traditional brick-and-mortar stores, at an increase of 8 to 12 percent, while regular non-online sales are only predicted to see a 3.7

Retail 100

Retail Online Meeting Trends 100

Chris Skinner

MAY 7, 2017

A summary of the main blogs of the week … Frictionless Finance with FinTech Larry Summers, former director of the National Economic Council for President Barack Obama, writes a regular column in The Financial Times. Juncker goes to … The post The Finanser’s Week: 1st May – 7th May 2017 appeared first on Chris Skinner's blog.

Maine 164

Maine Fintech US America 164

PYMNTS

JANUARY 17, 2017

Secondhand apparel is getting another go-around, more than ever before, especially online. Many retailers, like Swap.com, say their inventory is quickly growing. There is apparently big business in online consignment shops. According to the National Retail Federation, more purchases made online are returned than those in store.

Online 100

Online National Retail Marketing 100

PYMNTS

JUNE 16, 2017

When it comes to the ramifications for the retail industry, a Deloitte study found that 56 cents of every dollar spent in retail stores today is influenced by digital interactions. As such, it would behoove retailers to invest wisely in incorporating social media strategies into their overall marketing campaigns. together.

Study 119

Study Online social media Retail 119

PYMNTS

APRIL 24, 2017

Recovery has been slow for the national grocer since prices fell in February. Meanwhile, international retail food group Ahold Delhaize (AD) saw shares fall some more, not benefiting from the same springtime boost grocery and other stocks have seen. Kroger (KR) shares also looked to finish up for the week, though only marginally so.

National 108

National Retail Branding Course 108

PYMNTS

NOVEMBER 14, 2018

Online shopping is on a tear, and marketplaces are reaping the rewards. billion — online payments were completed in the U.S. In the post, Shopify wrote, “by accepting Venmo directly in your online store, users can complete their purchase in just a few clicks. Just under 150 billion — or 148.5

Retail 131

Retail Payments Apple Online 131

PYMNTS

JANUARY 19, 2018

Wells Fargo has fixed a glitch that caused online bill payments to be processed twice, infuriating customers who had their accounts inadvertently overdrawn. “On million fake accounts in the retail banking units. On January 17, an internal processing error caused temporary double posting of some items, impacting some customers.

Online 102

Online Payments National Retail 102

PYMNTS

OCTOBER 18, 2019

Mastercard is collaborating with four eCommerce retailers — WHSmith.co.uk, Funky Pigeon, Cult Pens and The Card Gallery — to offer the Pay by Bank app to online shoppers, Mastercard announced in a press release on Friday (Oct. Managing director since 2017, Dobbie is leading Vocalink in the expansion of B2B payment services in the U.K.

Retail 116

Retail User Experience ATM Security 116

PYMNTS

SEPTEMBER 12, 2018

The battle is on for dominance in online apparel, and Amazon is closing in on $30 billion in gross apparel and footwear sales that could put it in the lead ahead of long-time market leader Walmart. In addition to Chico’s, Nike started working with the eCommerce retailer on a pilot last summer.

Online 100

Online Branding Retail Trends 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. in 2017 had a 52.75 Small tobacco retailers can therefore struggle to build visibility among consumers when entering new markets.

Retail 109

Retail Taxes Virginia South Dakota 109

PYMNTS

FEBRUARY 21, 2018

Despite the concern – and a corresponding 9 percent drop in Walmart’s stock price that shaved some $29 billion from its market cap – CEO Doug McMillon told analysts he remains confident that 2018 digital sales performance will be in parity to its 2017 performance. and around the world. and around the world. “We’ll McMillon predicted.

Online 100

Online Taxes Branding Retail 100

PYMNTS

SEPTEMBER 6, 2019

Brick-and-mortar retailers are taking small-format, inventory-free locations to big cities: Nordstrom , for instance, is bringing its Nordstrom Local concept to the Big Apple. times more and account for 30 percent of online order pick-up in Los Angeles.”.

Los Angeles 101

Los Angeles Retail New York City New York 101

PYMNTS

SEPTEMBER 9, 2020

“The pandemic has pulled the future forward for retail, where changes that once might have taken three years have instead happened in three months,” said Casey North , vice president of DoorDash Drive. We’re thrilled to partner with PetSmart, marking our entry into the pet retail space.”.

United States 131

United States Retail Training Online 131

PYMNTS

SEPTEMBER 16, 2016

ECommerce sales were better than expected in Q2 but dipped in the third quarter, according to Internet Retailer. Online sales had their biggest jump in Q2 year over year for two years. percent in June, according to Internet Retailer. 6–9% | The expected growth rate for non-store sales by 2017.

Retail 100

Retail US Data National 100

PYMNTS

APRIL 16, 2018

retail sales bounced back a bit in March, according to figures just released by the Commerce Department, The Wall Street Journal reported. A bit of a commerce chill settled on consumer-spending patterns in the later days of 2017 and early 2018, but it seems customers have found their appetites again for cars, appliances and furniture.

Retail 110

Retail Taxes National Trends 110

PYMNTS

SEPTEMBER 24, 2018

100 Billion : Amount of online retail sales brought in during 2017. 25 : The number of nations in which Taxify operates. $1 In addition, ridesharing companies are embracing electric scooters en masse, but it remains to be seen if consumers will be enthused. 1 : Cost per minute talking to a live person vs. about $.10

Data 167

Data National Innovation Retail 167

PYMNTS

JANUARY 4, 2019

Digitally native retailers are opening stores to bring their virtual experiences into the real world, and Zola is one of the latest merchants to test out the brick-and-mortar waters. The wedding retailer opened a store in New York City’s Flatiron District that is billed as a “one-stop-shop for wedding planning.”.

NJ 129

NJ Retail New York City New York 129

PYMNTS

NOVEMBER 6, 2018

31 — nearly 6 percent more than 2017, CNBC reported. billion – a retail industry “bright spot.” And online retail sales may hit $123.73 percent increase from 2017. The news comes as a recent survey from the National Retail Federation (NRF) found that consumers are expected to spend an average of $1,007.24

US 141

US Retail Survey Online 141

PYMNTS

SEPTEMBER 29, 2020

In today’s top payments news around the world, digital Filipino payments platform PayMongo has come off a funding round with $12 million, while ALDI is taking another big step in the world of online shopping. ALDI To Test Online Grocery Ordering At UK Stores. Plus, a London judge has reinstated Uber Technologies Inc.’s

Payments 189

Payments Regulation Capital Online 189

PYMNTS

MAY 11, 2018

That’s one of the driving ideas behind a new service that Marriott International recently launched for Chinese travelers going overseas — a service that also helps to demonstrate how the country’s growing tourist class is changing payments and retail. Marriott began working with Fliggy in August 2017. Last year, the U.S.-based

Retail 129

Retail Payments social media Mobile 129

PYMNTS

DECEMBER 5, 2019

The retailer has locations in the Upper East, Upper West and Lower East Sides. In August, Target said it opened its 100th small-format store, after it announced a $7 billion investment initiative in 2017. It also gives people the option to buy online and then pick up in store, which greatly reduces shipping costs.

New York City 131

New York City New York Retail Online 131

PYMNTS

MAY 31, 2019

Canada and Puerto Rico, as well as online in more than 190 countries. Louis test market reportedly saw foot traffic that exceeded the national average by 18.5 The retailer is going head to head with Amazon in numerous channels, including logistics, eCommerce and others, as it seeks to be viewed as more of a technology company.

Retail 108

Retail Puerto Rico St. Louis Video 108

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 2, 2017

Over the past decade, foot traffic in retail outlets has seen a decline. With the growing trend of consumers buying more of their products online, this shouldn’t come as a surprise. Colliers’ national director of research, James Breeze, commented in a Wall Street Journal article on the future of warehouse market development.

Retail 100

Retail National Trends Marketing 100

PYMNTS

DECEMBER 13, 2019

Although retailers kicked off an earlier shopping timetable, toy discounts have plummeted this holiday season, Bloomberg reported on Thursday (Dec. There were fewer discounts on toys for online shoppers, despite an average of 15-18 percent price cuts into Cyber Monday. In 2017, price discounts were about 19 percent.

New York 131

New York Retail Online National 131

PYMNTS

MARCH 20, 2019

percent – of commuters – who did the same in 2017. From SPOT to Starbucks , online platforms and retailers are providing consumers with new ways to place orders or make purchases from the car. By comparison, mobile ordering and payment accounted for 9 percent of those transactions in the fiscal third quarter of 2017.

Los Angeles 183

Los Angeles Retail Philadelphia Miami 183

PYMNTS

SEPTEMBER 5, 2016

Ask a brand, retailer or marketer, and they’ll all probably say the same thing: Brick-and-mortar retail stores are dying thanks to the rise of eCommerce and online shopping. And if brick-and-mortar retail really is dead or dying, then maybe somebody should tell that to the retailers themselves? And DSW’s U.S.

Retail 100

Retail Branding US Course 100

PYMNTS

FEBRUARY 23, 2018

percent in 2017, Taco Bell has been drawing in customers with new food items, a Live Más marketing campaign and new nacho fries for $1. McDelivery on the Uber Eats app is available from more than 2,000 restaurants around the country, with 1,000 new stores added in 2017. But McDonald ’s Corp. McDonald’s $37.5 McDonald’s $37.5

Online 101

Online US Payments Mobile 101

PYMNTS

OCTOBER 10, 2016

Macy’s is going to China — digitally speaking — with the 2017 launch of a Chinese eCommerce portal in the largest eCommerce market in the world. Apart from offering desirable merchandise, Macy’s is increasingly connecting with young Chinese shoppers through online shows. Chinese consumers want to know many details, while U.S

social media 100

social media United States New York Branding 100

PYMNTS

DECEMBER 12, 2017

Major retailers such as Target, Home Depot, Walmart and Lowe’s have been forced to introduce stricter return, store credit and gift card policies in response to a troubling trend. Booth has been arrested twice for retail return fraud related to gift cards and is now in recovery from heroin and oxycodone addiction at Gateway with Smith.

Retail 105

Retail Fraud Cards Florida 105

PYMNTS

JANUARY 17, 2017

As retail shifts further into online spaces, the pressure is on for traditional stores to integrate digital features into their physical spaces to keep consumers interested. Samsung’s booth at the NRF Big Show 2017 showcases a retail journey from beginning to end using the company’s innovations.

Samsung 100

Samsung Retail Innovation Mobile 100

PYMNTS

FEBRUARY 16, 2018

She told investors during the earnings call that Pepsi’s investment in “eCommerce across multiple channels, from e-grocery, to direct to consumer, to pure play, helped drive exceptional growth in 2017.”. And the numbers in this regard don’t lie: Physical retail is growing at a rate of about 3.6

Retail 124

Retail Branding Mobile Strategy 124

PYMNTS

MARCH 8, 2019

National Bank Financial, JPMorgan Chase & Co. however, “has seen its market share shrink by about two thirds since its 2017 debut,” according to the outlet. The company’s Lightspeed platform, as it stood, already served small to medium-sized retailers. Lightspeed’s shares finished up trading at C$19, up 19 percent.

United States 152

United States Retail National Operations 152

PYMNTS

NOVEMBER 8, 2016

So where to next for the omnichannel retail giant? The move comes as part of a larger targeting of Southeast Asian markets, according to TechCrunch , starting with beginning selected regional services in Singapore in the first quarter of 2017. In fact, it’s well poised to become the world’s first “ smart nation.”

Regional 148

Regional New York City National Google 148