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. Walmart bought Bonobos for $310 million in 2017.

Online 100

Online Retail Digital Strategies Branding 100

PYMNTS

JANUARY 29, 2019

Which brands will blow it? For payments and commerce , there’s another uncertainty that hangs in the air: Will legal online sports betting keep going forward, despite a recent decision by the U.S. In the meantime, what should businesses that want to operate in that new world do besides sit around and wait? Gambling Landscape.

Online 169

Online Las Vegas New Jersey Fraud 169

PYMNTS

SEPTEMBER 30, 2019

Online Resale. Online resale has become all the rage — even for retailers like Neiman Marcus — from a little bit of everything on OfferUp to fashion-focused Poshmark and high-end The RealReal and 1stdibs. Sales of counterfeit goods through online marketplaces are expected to hit $1.8 billion per year to fake online sales.

Online 101

Online Fraud Branding social media 101

PYMNTS

FEBRUARY 21, 2018

That was on top of news that Walmart’s increased profit-margin pressure was pushing an annual revenue estimate for 2018 that missed investor expectations. McMillon assured investors that 2018 should see an average eCommerce sales growth rate of 40 percent. We had a few operational issues from an inventory replenishment perspective.”.

Online 100

Online Taxes Branding Retail 100

PYMNTS

JANUARY 17, 2020

The latest issue involves eSports – one of the rising trends in digital commerce , and one of the ways through which some mall and brick-and-mortar operators hope to revive those retail properties. The issue isn’t really about brand-new taxes, but is about enforcing existing tax laws and applying them to eSports. billion in 2022.”.

Taxes 132

Taxes Online Policies Philadelphia 132

PYMNTS

FEBRUARY 27, 2019

One cannot have the good without the bad, and that holds especially true, it seems, with online product reviews — a vital, useful part of eCommerce that is reviled by consumers, marketplace sellers and merchants alike. Talk to any online shopper, merchant or marketplace third-party seller. It comes from the U.S. FTC Penalty.

Online 108

Online San Francisco California Operations 108

PYMNTS

JANUARY 19, 2021

sports betting and online gaming venture with Entain, remains a key priority for the Company as we continue to leverage our preeminent physical gaming, entertainment and hospitality platform to expand digitally," Bill Hornbuckle , CEO of MGM Resorts International, said in a press release on Tuesday (Jan. BetMGM, our U.S.

Las Vegas 206

Las Vegas Online Operations Branding 206

PYMNTS

FEBRUARY 7, 2019

Brands , moves that serve as a good reflection of overall trends in the quick service restaurant (QSR) space. Yum operates the Pizza Hut, Taco Bell and KFC chains, and the company’s fourth-quarter results, released Thursday (Feb. Delivery, kiosks and other digital efforts are taking more prominent roles at Yum! percent, to nearly $1.56

Branding 122

Branding Conference Management Trends 122

PYMNTS

FEBRUARY 11, 2019

But the growing use of those brands to attract sales is also leading to more focus on potential challenges for online, private label retail over the next few years. Private brands, of course, are hardly new, and their use in retail predates the birth of eCommerce. Consumers can buy furniture anywhere. Private Label Impact.

Retail 158

Retail Branding Online Seattle 158

PYMNTS

FEBRUARY 18, 2019

To serve travelers from China who want to shop in-store and online, retailers thousands of miles away from Asia are accepting Alipay in brick-and-mortar stores and on the web. Apparel brand GUESS?, for instance, partnered with Alipay to bring the payment option into select locations across its brands last year.

Online 140

Online Las Vegas America San Francisco 140

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. per share.

Online 109

Online Retail Apple Strategy 109

PYMNTS

FEBRUARY 14, 2019

million international subscribers in 2018 and now boasts 137 million global users, according to the PYMNTS Connected Commerce Playbook. Convenience store operator 7-Eleven, for instance, said in November that some Canadian stores would take WeChat Pay and Alipay. Netflix, for instance, added 6.4

Retail 129

Retail Online Payments United States 129

PYMNTS

OCTOBER 21, 2020

21) that it is launching a new destination for electronics products to feature Certified Refurbished products, not from its sellers but from brands like De'Longhi, Dirt Devil, Hoover, Makita, Philips and Razer, which will sell exclusively on the eBay platform. The program is operable immediately. eBay announced on Wednesday (Oct.

Branding 192

Branding Samsung Meeting Millennials 192

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 17, 2020

Online bank N26 ‘s decision to exit the U.K. The Berlin-based digital bank said it would not be able to operate in the country anymore in the wake of Brexit, as it will no longer have a license to do business there. in October of 2018 — more than two years after the U.K. has customers feeling left behind, CNBC reported.

Comparison 231

Comparison Digital Banking Branding Report 231

PYMNTS

OCTOBER 14, 2020

The way it works, since the company began testing it in the city of Kahramanmaras in 2018, is that users can send a text message and refill their cards via mobile phone. The country otherwise has sophisticated online banking products and an emerging FinTech sector.

Fintech 175

Fintech Analytics Payments Mobile 175

PYMNTS

APRIL 9, 2019

Amazon, in the announcement released today, said that it “spends billions” on tools and services to help SMBs grow their operations and sell more online. The number of SMBs doing over $1 million in sales grew by 20 percent in 2018, while over 50,000 surpassed $500,000 and 200,000 surpassed $100,000 in in sales. “We

Tools 167

Tools Analytics Branding Online 167

PYMNTS

AUGUST 17, 2018

16) as Q2 2018 earnings came in well ahead of expectations across the board. More customers hit the stores and ordered from online. Grocery growth, particularly in fresh foods, and online sales prove that Walmart is now for every shopper across each demographic group. Walmart made its investors very happy yesterday (Aug.

Online 100

Online Retail Branding Report 100

PYMNTS

JULY 27, 2020

“The pandemic has brought uncertainty to many businesses, but at the same time, it has sparked innovation,” said Ro Bhatia , chief operating officer at sticky.io. Helping brands launch their DTC and subscription businesses with the flexibility to sell how their customers want to buy – and fast – is the future of digital commerce.”.

Apple 206

Apple Branding Innovation Retail 206

PYMNTS

JUNE 17, 2020

The website is a re-branding of Middle Eastern eCommerce site Souq.com , which was acquired by Amazon in 2017, PYMNTS reported. Last year, the company converted Souq’s website in the United Arab Emirates to an Amazon-branded one, amazon.ae. Bin Salman denied the claim, saying it was rogue operators who committed the crime.

Washington 192

Washington Leadership Video Branding 192

PYMNTS

APRIL 16, 2019

Among the latest dim figures about brick and mortar (or, if you prefer, the latest bright news for eCommerce operators)? merchants this year already have said they will shutter nearly 6,000 physical retail locations – that’s more than the nearly 5,900 closings for the entire year of 2018. Online Rising. The reason for all that?

Retail 179

Retail Online Training Customer Experience 179

PYMNTS

FEBRUARY 25, 2020

Kraft Heinz, one of the world’s prominent global food and beverage companies, operates Evolv through a team effort, involving food, startup and venture capital professionals. He said Fabric’s goal was to “change the game” in how businesses operate. Fabric launched an automatic fulfillment center in October of 2018.

Lending 130

Lending Retail Capital Operations 130

PYMNTS

SEPTEMBER 11, 2019

Location-based virtual reality (VR) startup The Void is partnering with mall operator Unibail-Rodamco-Westfield (URW) to open 25 new entertainment outposts in the U.S. The number of VR users more than doubled in 2018, growing from 85 million to 171 million. Last year saw a boom in brands using VR in this way, including U.K.

Retail 192

Retail San Diego San Francisco Branding 192

PYMNTS

AUGUST 25, 2019

The retail chain’s CEO, Brian Cornell, told reporters on a conference call this weekend that Target will open 25 Disney-branded stores starting Oct. In addition, Target launched a Disney-focused online experience on its site Sunday (Aug. This is a great fit for our brand and theirs,” Cornell said, according to the Associated Press.

Conference 146

Conference Branding Retail Online 146

PYMNTS

JUNE 26, 2020

in 2018 got the cold shoulder primarily for this reason. That was well before pandemic-related mayhem disrupted, then fundamentally restructured, the grocery sector to favor well-heeled operators like Amazon and Walmart. Despite scale and geographical coverage, its sales growth has lagged. An attempt to merge with the Rite Aid Corp.

Idaho 224

Idaho New York Online Capital 224

PYMNTS

FEBRUARY 13, 2020

“2019 was another record year for WEX , capped off by an impressive fourth quarter driven by double-digit, top-line growth and strong operating leverage,” said Melissa Smith, WEX’s chair and CEO. million – up 19 percent from the fourth quarter of 2018. billion for the fourth quarter of 2018. billion from $8.2

Millennials 150

Millennials Examples Cards Groups 150

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

MAY 22, 2019

To prevent consumers from leaving their carts behind before they pay, businesses need to have strong online checkout processes that convert online shoppers into customers. percent — of all online shopping carts end up deserted, according to the latest PYMNTS Checkout Conversion Index. Nearly all — or 98.7

Google 156

Google Retail Online Tools 156

PYMNTS

MARCH 3, 2020

Its last announcement for fundraising was in 2018 from the venture capital arm of Line. million items from over 1,500 online shopping partners. The round also came with participation from Daiwa PI Partners as well as returning investors Asia Growth Fund, Mirae Asset-Naver, and Line Ventures, according to reports.

Groups 130

Groups Comparison Online Community 130

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

Bank Innovation

OCTOBER 27, 2017

EXCLUSIVE- With two products and a recently announced partnership with tax preparation software provider Intuit, Marcus by Goldman Sachs is keen on growing its brand through more new partnerships and products in 2018. The […].

Las Vegas 186

Las Vegas Taxes Software Branding 186

PYMNTS

MAY 28, 2019

With abundant choices in many aspects of their lives, consumers expect a range of options when it comes to online shopping, ranging from picking out clothes to making travel plans. million buyers who operate in industries such as website development, logo design and blog writing. By 2021, close to 90 million – or 86.5 billion in 2017.

Apple 159

Apple Mobile Fraud Branding 159

PYMNTS

OCTOBER 16, 2018

Goldman Sachs booked a 4 percent year-over-year revenue increase for the third quarter of 2018, with that growth powered in part by increased lending through its Marcus by Goldman Sachs online consumer savings and lending platform. For the first nine months of 2018, net revenue for Goldman Sachs stands at $28.08

Lending 147

Lending Digital Banking Retail Branding 147

PYMNTS

AUGUST 20, 2019

Restaurant management app Revention is teaming with on-demand logistics platform DoorDash to help restaurateurs streamline delivery operations, Revention said in a press release on Tuesday (Aug. The partnership wants to build out restaurants’ operational efficiencies and eventually include supply fulfillment and last-mile logistics. “The

San Francisco 109

San Francisco Operations US Online 109

PYMNTS

FEBRUARY 11, 2020

For its three years in operation, Brandless generated no shortage of buzz with its concept of “private label for less” and the idea that the best brand is no brand at all. Under his leadership, the plan for the brand was to pivot into higher-margin, bigger ticket products such as CBD oil and move Brandless onto store shelves.

Branding 150

Branding Operations Leadership Millennials 150

PYMNTS

APRIL 25, 2019

Most estimates for 2018 are around $900 million. The term eSports can refer to a wide range of games in the competitive space, but in general the most popular ones are in the first-person shooter or multi-player online battle arena genres. The promotion was a success – and the latest pair-up with HSEL operates on similar logic.

Retail 166

Retail America Video Millennials 166

PYMNTS

FEBRUARY 28, 2020

Zalando, Europe’s largest online fashion retailer, is making an ambitious foray into the €38bn luxury clothing market. David Schneider, co-chief executive at Zalando, said he’s seen younger shoppers mixing and matching high-value brands with sports and designer pieces. million to 31 million year on year.

Retail 131

Retail Conference Online Trends 131