PYMNTS

AUGUST 6, 2020

Real estate trends for retailers are back in the news this week, as the pandemic-driven brick-and-mortar market starts to produce new business models and a fair amount of stability. The new business model involves leasing options for the retail sector. retail portfolio valued at $5.9 Example: One of the U.K.’s

Retail 154

Retail Analytics New York Examples 154

PYMNTS

APRIL 24, 2020

Adyen reported its processed volume for the first quarter of 2020 rose by 38 percent year-on-year, with an extension of historical growth trends over the first two months of the year. The drop in in-store retail volume because of lockdown efforts is “very visible” per the release with many retail shops shuttered.

Payments 140

Payments United States Retail Online 140

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. Alternative research and other market dynamics make such a scenario seem unlikely. percent of U.S.

Retail 131

Retail New York City Online Trends 131

Bank Innovation

OCTOBER 29, 2019

Digital banking brand Varo has 1 million customers, and is pushing ahead with plans to become a nationally-chartered bank early next year, CEO Colin Walsh told Bank Innovation Tuesday.

National 284

National Innovation Digital Banking Branding 284

PYMNTS

JANUARY 24, 2019

It’s expected that more than 56 real-time payment rails will be live by 2020, and the U.S. The Federal Reserve recently sought to propel faster payments adoption by requesting feedback from financial institutions (FIs), retailers and other stakeholders on whether it should create its own real-time payment rail. lags behind.

US 167

US System Payments Retail 167

PYMNTS

FEBRUARY 17, 2020

The eCommerce-physical location hybrid is marking 2020 with a presence at the world’s leading marathons throughout the year (New York City, Boston, Berlin, Tokyo and London) and is seeing a bounce in sales tied to a comeback in high-performance running shoes, which is a market Taylor is planning on entering with the Tracksmith brand.

Boston 175

Boston Marketing Training Branding 175

PYMNTS

MAY 30, 2020

And while it may initially seem that the strangest choices in fashion history were made by our forebears in the long-ago past, one need only glance briefly back at the early 2000s to witness the explosion of Von Dutch trucker hats and UGG boots, which passed as an icon of style among the nation’s young, rich and well-connected. A face mask.

Branding 135

Branding Trends Michigan Retail 135

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 10, 2018

By some accounts, the 2018 holiday season is going to be a bang-up year for retailers. retailers are expected to increase 4.8 percent this year, according to the National Retail Federation (NRF) — well above the 3.9 percent growth seen by the retail market one year ago. Holiday sales for U.S.

Retail 122

Retail United States Seattle Washington 122

PYMNTS

MARCH 31, 2020

We do print ads locally, and we have a newsletter that goes to about 2,000 customers, but now we have a chance to be more national and even international,” Steffenson noted. ” According to the Art Basel and UBS Global Art Market Report of 2020, global sales of art and antiques reached $64.1

Marketing 151

Marketing Phoenix Online New York 151

PYMNTS

JANUARY 14, 2021

percent year-over-year debit and credit overall same-store sales volume growth among its owner credit unions over the 2020 holiday season, according to a press release emailed to PYMNTS. 27 in the retail goods space among the organization’s owner credit unions were up 26.2 Purchases between Nov. percent for debit and 18.1 percent to 5.2

Innovation Strategies 155

Innovation Strategies Cards Analytics Survey 155

PYMNTS

MAY 19, 2020

Inmar Intelligence , one of the leaders in digital couponing, reported last week that enrollment in digital coupon programs among the top 30 percent of national grocery chains has grown 93 percent year over year since March 1. Now is not the time for CPGs and food retailers to back away from promotional activity.

Branding 239

Branding Retail Meeting National 239

PYMNTS

NOVEMBER 30, 2020

As has been long forecast, not to mention strenuously requested by the CDC, the 2020 shopping season is shaping up to be a rather digital affair, with customers eschewing stores in favor of digitally enabled shopping paths. And the promotional period will stretch across the week at many retailers. “We

Retail 150

Retail Analytics Marketing Online 150

PYMNTS

FEBRUARY 29, 2016

Recent data indicate that in the not-so-distant future, the retail marketplace will be employing far, far fewer people — if you live in the U.K. As of right now, retail employs about one-sixth of retail workers — or around 3 million people. an-hour ($9.92) for those aged 25 and over that will reach £9 an hour ($12.47) by 2020.

Retail 100

Retail National Industry Survey 100

PYMNTS

JUNE 20, 2018

Online retailer Brandless has expanded its offerings in its clean beauty product line. Brandless isn’t the only retailer getting in on the clean beauty action. Retail Dive reported that Target unveiled a new chemical strategy last year, “promising increased transparency and healthier, more natural products.

Los Angeles 115

Los Angeles Marketing Retail Branding 115

Payments Source

AUGUST 30, 2018

The new optimism is fueled by rising standards of living, increases in smartphone usage and cheap data plans that are boosting internet penetration across the nation. Perhaps most important, India is the last big retail market still up for grabs, with an internet economy projected to double to $250 billion by 2020.

Marketing 69

Marketing National Retail Data 69

Current

SEPTEMBER 21, 2020

We’re excited to announce the launch of our newsletter, The Current Wave, where we’ll be sharing everything from all that’s new at Current to industry insights from Current CEO Stuart Sopp, to discussing impacts on the economy and global markets. What’s happening in the international markets? What’s Current-ly happening with us?

Marketing 98

Marketing Conference National Comparison 98

PYMNTS

MAY 19, 2020

CEO Michelle Gass said in a Tuesday (May 19) first-quarter earnings call with analysts that the retailer amplified its digital marketing efforts and revised its online site content. The retail executive said home was the most formidable category, with digital sales rocketing over 50 percent for the quarter. billion and $1.75.

Retail 235

Retail National Report Capital 235

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

JUNE 6, 2016

MKM Partners analyst Rob Sanderson notes that Amazon has surpassed Facebook as the United States’ sixth-largest firm by market cap. Sanders further notes that Amazon still has growth potential yet to tap and two of the largest secular growth opportunities in retail and cloud computing increasingly under its control.

Video 100

Video United States Survey Retail 100

PYMNTS

APRIL 9, 2020

Though they’ve overcome serious technical hurdles, work well, and are now in the hands of billions of smartphone-owning consumers, mobile wallets including those from Big Tech players Apple and Google are starving for share as Q1 2020 usage slipped below an unimpressive 2019. percent of eligible Walmart transactions in 2020, down from 4.5

Mobile 140

Mobile Apple Cards Millennials 140

PYMNTS

MAY 15, 2020

As the pandemic quickly transformed the labor market, layoffs in the U.S. Economic Policy Institute Senior Economist Elise Gould said per the report, “Latest JOLTS data further illustrates the catastrophic COVID-19 labor market.”. million staffers receive pink slips, while 908,000 people lost their positions in the retail industry.

Survey 224

Survey Policies National Report 224

PYMNTS

DECEMBER 24, 2019

With the rise of voice-assisted retail and the smart home concept, along with the ubiquity of mobile payments and commerce, consumers are shopping, buying and paying more often while also doing chores and other daily routines. Real-time payments — it’s a common phrase in 2019 that will become even more common in 2020. Take the U.S.

Cards 160

Cards Payments Study Examples 160

PYMNTS

DECEMBER 7, 2019

Santa: The Original Experiential Retail Strategy. Santa showing up in retail marketing, as far as historians can tell, dates back to the 1840s when some stores went as far as putting up life-sized models of jolly old St. And while much has changed in retail, Santa’s popularity has not. In fact, it is growing.

Retail 136

Retail New Jersey New York City Course 136

PYMNTS

FEBRUARY 22, 2018

Restaurants may want to reach more delivery customers by expanding into new markets, especially as the market for food delivery could grow to $17 billion by 2020. Target Market. So far, we’ve been focused more on restaurants that actually already have a market presence, and they’re just looking to expand,” Collins said.

Marketing 134

Marketing Boston Operations Retail 134

PYMNTS

AUGUST 25, 2019

Kohl’s is following a retail movement to offer curated collections so shoppers can explore new trends. Facebook-curated brands launch in 2020. Kohl’s CEO Michelle Gass said she wants to keep physical retail significant in the age of online shopping dominance.

Millennials 133

Millennials Data social media Branding 133

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. But Amazon isn’t waiting until 2025, or even 2020. Singapore, it turns out.

Regional 148

Regional New York City National Google 148

PYMNTS

DECEMBER 21, 2020

Kroger customers can now expediently and simply order gift cards for curbside pickup in addition to their supermarket items at 1,900 of the chain’s locations throughout the nation, according to a Monday (Dec. 21) announcement from Blackhawk Network.

Cards 159

Cards Branding Customer Experience Innovation 159

PYMNTS

NOVEMBER 5, 2020

The stock market dropped 20 percent and foreign trade stopped. As Scott Rankin, principal and national consumer and retail strategy leader with KPMG US, told the Tribune , "with everything that's going on, there may be no Black Friday at all. They’re also part of the “Black Friday” origin story.

Retail 221

Retail Philadelphia Report National 221

PYMNTS

FEBRUARY 16, 2018

As a result, our eCommerce business is now approximately $1 billion in annualized retail sales, and we are well-positioned to capitalize on what is sure to be a dynamic future in this space,” Nooyi told investors. 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

DECEMBER 21, 2020

You can see it in how investors are putting money to work in both consumer-facing and B2B startups, and how startups and incumbents are forging new partnerships to move innovation faster to market. Almost half, 45 percent, have shifted digital to shop for retail products, and one in five to shop for groceries and order food from restaurants.

Apple 227

Apple Study Innovation Survey 227

PYMNTS

JULY 7, 2020

The Southeast Asian country’s national tax office announced it will impose a 10 percent value-added tax (VAT) on foreign global technology companies as the nation looks for ways to defray the costs of battling the economic effects of the COVID-19 pandemic, Reuters reported. The country’s total budget for 2020 is $177.6

Taxes 141

Taxes Google Seattle National 141

PYMNTS

FEBRUARY 3, 2020

There was lots to watch in the world of payments and commerce last week, with red flags flown in physical retail, international commerce and crypto. Physical Retail Stumbles Into 2020 . This will be the fourth year in a row that retailers will shutter 100 million square feet of space, which equals about 562 Walmart supercenters.

Bitcoin 132

Bitcoin Data Retail Charlotte 132

Perficient

FEBRUARY 13, 2021

These predictions are in light of the five themes I see for 2021: Telehealth as a competitive advantage, New insurance markets, More self-service digital triage tools, Mega-mergers of vertically integrated health delivery models, and. Multi-dimensional, socially-driven contract tracing. Virtual Health Isn’t All Plug-and-Play.

Tools 520

Tools Marketing System Strategy 520

PYMNTS

DECEMBER 9, 2020

These are $100 billion market cap companies that are sitting in the middle of the payments supply chain.”. But fast-forward to 2020, and the world is a very different place. That suddenly opened up the market for FinTechs to offer targeted slivers of traditional banks’ financial services, like loan underwriting or debit accounts.

Innovation 306

Innovation Fintech Payments Regulation 306

PYMNTS

APRIL 6, 2020

For retailers, it was supposed to be the year of 5G. Recent research from Gartner finds that 46 percent of retailers expected to deploy augmented reality (AR) or virtual reality (VR) solutions this year. We previously believed that 2020 was going to be the real year of 5G. Which way will 5G go?

Apple 153

Apple Retail California Meeting 153

PYMNTS

DECEMBER 18, 2020

Why Affirm Would Delay Its IPO Amid A Hot Market . Globally and in Australia, 20 percent of our transactions take place in physical retail,” Molnar said. REPORT: Connected At Home: The Devices That Got Consumers Through 2020. Ship-ageddon 2020’ Just Keeps Getting Worse . Financial terms of the deal were not made known.

Maine 168

Maine Bitcoin Study System 168