PYMNTS

NOVEMBER 5, 2020

From where things stand in Q4 2020 it’s not hard to imagine physical retail going extinct. Noting the ways COVID has permanently changed retailing, CNBC recently reported , “As more and more stores go dark at the mall, some major retail executives are looking to grow outside of it — a tactic they hadn’t touted so publicly before.

Retail 252

Retail Millennials Online Report 252

PYMNTS

FEBRUARY 24, 2020

Another bankruptcy; another week of trying to sort out the problems at retail. simply has too many stores to support them all and the “retail apocalypse” is simply as natural as a snake shedding skin. The issue was raised by Horan Capital analyst David Templeton in his Monday (Feb. square feet of retail space for every consumer.

Retail 168

Retail Comparison Maine Online 168

PYMNTS

DECEMBER 30, 2020

Though 2020 was full of volatility, the B2B FinTech landscape persevered with venture capitalists and other investors for a lucrative year. Highlighting the increasing interest in this startup space is this week's B2B venture capital roundup, which recaps the final two weeks of 2020 in B2B FinTech investments. CloudTrucks.

Capital 211

Capital Management Operations Security 211

PYMNTS

DECEMBER 28, 2020

The dreaded returns season has hit retail with a predictable but painful thud. With Mastercard putting a 49 percent tag on the eCommerce spike for the holidays, this year will be the toughest on record for handling what is a resource- and capital-intensive task. In the brick-and-mortar retail era it was a nuisance to be avoided.

Customer Experience 216

Customer Experience Retail America Branding 216

Bank Innovation

DECEMBER 4, 2019

Koho, a Toronto-based digital banking startup, is on track to expand its product suite to include credit and savings products in 2020, CEO Daniel Eberhard told Bank Innovation on Wednesday. In late November, the […].

Tools 332

Tools Digital Banking Innovation Cards 332

PYMNTS

JANUARY 19, 2021

Chuck Huang, founder and CEO of Citcon , explores how the pandemic has prompted retailers to capitalize on the surge in demand for contactless, digital payments. "As 2020 will be remembered by most as a year of trial. That digital glue is payments. It also means losing a potent lifelong connection with the young person online.

Retail 211

Retail Payments Online Marketing Strategies 211

Gonzobanker

DECEMBER 22, 2020

This Year was brought to you by the number 2020 and the letters W, T and F” – Big Bird (more or less). Sit back and enjoy our take on the best and worst of banking in 2020 as you celebrate the holidays. Most Oft-Heard Statements of 2020. Kudos to blazing new trails that many institutions are taking on in 2020.

Idaho 172

Idaho Community Industry Strategy 172

PYMNTS

JULY 3, 2020

Retail CEOs faced a parade of problems in 2020’s first six months, but some executives look ready to set off plenty of fireworks in the year’s back half. . Here’s a July 4 th look at some top executives in retail who seem ready to declare their independence from business as usual in 2020’s final six months. .

Retail 267

Retail Apple Branding Marketing 267

PYMNTS

AUGUST 3, 2016

We all know — and keep hearing almost ad nauseam — all about how the rise of online shopping is changing the very face of the retail industry and consumer habits. But what is that “changing face of retail” actually going to look like in a few years? Will consumers still shop at brick-and-mortar stores?

Retail 100

Retail social media Branding Online 100

PYMNTS

DECEMBER 7, 2020

One of 2020’s highest high-flyers has been the special purpose acquisition corporation, or SPAC. It might be hard in the midst of roaring markets and headlines trumpeting Dow 30,000 to remember that one of 2020’s highest high-flyers has been the special purpose acquisition corporation, or SPAC. And as reported by CNBC Monday (Dec.

Online 161

Online Marketing New York Report 161

PYMNTS

DECEMBER 26, 2019

In what would be Thailand’s biggest initial public offering (IPO), Central Retail Corporation, the country’s largest retailer, is looking to raise up to 81.1 Central Retail’s plans to go public would overtake the biggest listing in the country, BTS Rail Mass Transit Growth Fund, which in 2013 notched 62 billion baht.

Groups 131

Groups Retail New York Report 131

PYMNTS

MAY 22, 2020

Bad news hit the startup community this week as new analysis from CBInsights revealed a significant decline in venture capital (VC) funding in the first quarter of 2020. The company connects SMBs to invoice financing via is mobile app Bridge2Capital, targeting retail shopkeepers with a way to finance their outstanding payables.

Capital 141

Capital Analytics Fintech Report 141

PYMNTS

JUNE 25, 2020

One of the new truisms of pandemic-era retail is this: If a retailer was in trouble before COVID-19 , that trouble will be magnified because of it. The retailer expects to save approximately $365 million in fiscal 2020 and approximately $630 million on an annualized basis. Crew and Neiman Marcus. “To

Retail 141

Retail Strategy Meeting Groups 141

PYMNTS

JUNE 3, 2020

the wear-to-work retailer for women, warned it may file for Chapter 11 bankruptcy protection as the nationwide chain has been crippled by the COVID-19 crisis, CNBC reported. The company operates more than 385 retail and outlet locations in 33 states, according to its website. The parent company of New York & Co. ,

New York 151

New York Retail Groups Survey 151

PYMNTS

JULY 6, 2020

Only halfway in, 2020 feels, of course, like a decade’s been packed into six months. consumer — and by extension, retailers. The Business Roundtable’s CEO Economic Outlook Survey — which in part measures plans for capital spending and hiring through the next six months — fell to 34.3, Retail added a bit more than 700,000 jobs.

US 196

US Course Retail Report 196

PYMNTS

JANUARY 24, 2020

While businesses have more sources of capital than ever before, from bank loans to initial coin offerings to alternative online investments, experts are urging small to medium-sized businesses (SMBs) to take a strategic approach to their fundraising efforts — often by combining a variety of funding sources to mitigate risk. Flutterwave.

Fintech 198

Fintech Capital San Francisco Georgia 198

PYMNTS

JUNE 10, 2020

As retail reopens and starts to spur some optimism for the future, a dark number appeared on the scene on Tuesday (June 10). Coresight released a report that says 25,000 retail storefronts will close by the end of the year. That means that between June 1, 2020 and January 1, 2021, 21,000 more stores will shutter. percent of U.S.

Retail 131

Retail New York City Online Trends 131

PYMNTS

DECEMBER 14, 2020

In today’s top retail news, Bed Bath & Beyond Inc. has entered into a definitive deal to sell Cost Plus World Market to Kingswood Capital Management, while Authentic Brands is reportedly in discussions with Arcadia Group and Debenhams. Bed Bath & Beyond Strikes Deal To Sell Cost Plus World Market. Bed Bath & Beyond Inc.

Branding 131

Branding Groups Retail New York 131

PYMNTS

JANUARY 19, 2021

In today’s top retail news, Bed Bath & Beyond said it has finished its sale of Cost Plus World Market (CPWM) to a private equity firm, while Starbucks will help Washington state with the distribution of coronavirus vaccines. announced that it has completed its sale of Cost Plus World Market (CPWM) to Kingswood Capital Management.

Washington 141

Washington Retail Marketing Operations 141

PYMNTS

MAY 8, 2020

“We believe this is a critical component to getting the economy moving again, and we would like to partner with companies and entrepreneurs that can draw on our capital and expertise to stabilize and grow their business,” Bloom said, according to CNBC. Last year, over 9,000 retail stores closed in the U.S.,

Las Vegas 141

Las Vegas Retail Illinois Groups 141

PYMNTS

NOVEMBER 3, 2020

These are the top stories in retail for Tuesday (Nov. percent of overall orders in Q3 2020 in contrast to 67.3 million orders in Q3 2020, marking a jump of 84.4 Wayfair, Home Furnishings Sector Looks Past COVID Winter. Included in those results is the fact that “repeat shoppers made 71.9 percent in Q3 2019.

Company 131

Company Retail Boston Capital 131

PYMNTS

OCTOBER 24, 2019

Capital One ’s domestic card business provided strong results and continued to pick up momentum, the bank said on Thursday (October 24). We’re excited to partner with the world’s largest retailer to deliver compelling products and a great digitally enabled customer experience to Walmart customers,” Fairbank said in the call.

Capital 101

Capital Cards Conference Customer Experience 101

CB Insights

SEPTEMBER 1, 2020

The 2020 Fintech 250 cohort has raised approximately $49.2B 2020 Fintech 250 investment highlights. The 2020 Fintech 250 categories and most well-funded startups represented. 2020 fintech 250 investment highlights. Funding trends: In 2020 year-to-date (YTD), these 250 private companies have raised $10.3B

Fintech 101

Fintech Company Lending Capital 101

PYMNTS

JULY 6, 2020

If your business touches retail in any way, it might pay to follow a few important breadcrumbs. Nike posted its lowest quarterly sales in two years, along with a $790 million quarterly loss, when it reported its Q1 2020 earnings in late June. How Much Will Digital-First Stick? Here’s why I say that.

Retail 259

Retail Meeting Branding Maine 259

PYMNTS

OCTOBER 11, 2020

8) that it had received $200 million in new capital from existing investors Valiant Peregrine Fund and D1 Capital Partners, boosting Instacart's valuation to $17.7 Instacart states in promotional materials that it has relationships with 500 retailers that have 40,000 locations in the United States and Canada.

Report 268

Report United States Capital Retail 268

PYMNTS

JANUARY 16, 2020

Close the door and buckle up – retail automotive sales are getting an upgrade. Vroom said it will use the capital to invest in expanding its workforce, technology, operations and marketing, as well as products. Retail spending growth began to slow as we entered the fourth quarter,” he said. for both iOS and Android.

Retail 131

Retail Detroit Video Online 131

PYMNTS

SEPTEMBER 7, 2020

Despite the pandemic, venture capital dollars are flowing freely to nascent firms in Asia that are tackling the need for contactless interactions and platforms that match supply and demand — setting the stage for innovation on the other side of the public health crisis. Traditional companies have had to embrace tech at an accelerating pace.

Capital 298

Capital Regional United States Meeting 298

PYMNTS

NOVEMBER 20, 2020

Chipper CEO Ham Serunjogi confirmed on Twitter the startup, which got its initial foothold in the market as a peer-to-peer (P2P) payments service, has just wrapped up a $30 million Series B round of venture capital. Ribbit Capital, a VC firm in the U.S. And the investments have kept coming in 2020. Stripe, the U.S.-based

Fintech 332

Fintech San Francisco Capital cryptocurrency 332

PYMNTS

FEBRUARY 11, 2020

The sportswear company also said it could see an impact of as high as $60 million in lost sales from the coronavirus in Q1 of fiscal 2020, CNBC reported. We view LULU growth, durability and ROIC [return on invested capital] profile as most similar to NKE.”. Analyst John Kernan said in a note to clients on Dec.

United States 130

United States Comparison Training Branding 130

BankInovation

FEBRUARY 22, 2021

Bank of America has topped its own record by filing 722 patent applications during 2020, with automation-related patents spanning company divisions. In 2020, the U.S. billion Capital One and the $1.9 Patent Office granted the bank 444 patents. Other banks that filed automation-related patents last year include the $421.6

America 83

America Capital Company Retail 83

PYMNTS

MAY 29, 2020

Both Walmart and Amazon made some big add-ons and/or acquisitions this week as they attempt to widen their sphere of retail influence in a post-pandemic world. billion as of 2018, but a sale now would likely reflect a reduced valuation due to the rough first half of 2020. “We Zoox was valued at $3.2 We believe $1.1

Retail 131

Retail Capital Online Video 131

PYMNTS

JULY 1, 2020

billion non-cash goodwill charge before tax, as the retailer’s long-haul forecast and market capitalization shifted, mainly due to the coronavirus health crisis. The department store retailer also recognized an $80 million long-lived asset impairment charge, according to a first-quarter financial results announcement.

Taxes 232

Taxes Retail Maine Regional 232

PYMNTS

NOVEMBER 13, 2017

This is true for consumers making payments to companies to obtain retail goods and businesses looking to pay each other for services rendered. billion | Amount of working capital on the books for U.K. percent | Projected compound annual growth rate (CAGR) increase in demand for gym management software solutions between 2016 and 2020.

Capital 108

Capital Management Data Software 108

BankUnderground

APRIL 28, 2023

Mahmoud Fatouh Small banks tend to have more specialised business models, likely focusing on commercial and retail banking activities, and show limited interconnectedness to other financial institutions. Although capital standards existed before 2010, they were significantly weaker.

Capital 84

Capital Lending US Data 84

PYMNTS

AUGUST 4, 2020

The first half of 2020 was a tough time to run a small business on Main Street as stay-at-home orders closed down restaurants and retailers for much or all of the past five months. That left small and medium-sized businesses (SMBs) scrambling to rapidly switch to digital to keep at least some revenue coming in.

Maine 181

Maine Study Survey Report 181

PYMNTS

DECEMBER 18, 2020

Digital trust-and-safety company Sift said that 2020 has been a “banner year” for online shopping sales, but that scammers have modified their approaches to take advantage of the boom, according to an announcement. Digital fraud is a longstanding issue for retailers and banks.

Report 333

Report Fraud Strategy Retail 333

PYMNTS

JULY 30, 2019

One of the biggest retail stories as we head into 2020 is how India is a battlefield of digital commerce, along with a hotbed of retail innovation. The eCommerce retailer is said to be working with Catamaran and has started hiring workers for the operation per unnamed sources, Reuters reported. Amazon’s Moves.

Retail 108

Retail social media eBook Report 108