PYMNTS

OCTOBER 28, 2020

Online retailers should get ready to ring up record eCommerce sales this holiday season. That’s according to a new study issued through Adobe Analytics predicting that “online holiday season spending will reach $189 billion, representing 33 percent growth year-over-year,” according to a Wednesday (Oct. 28) news release.

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Study Online Retail Analytics 194

PYMNTS

SEPTEMBER 1, 2020

When speaking with Tai Lopez , the executive chairman of one of the more disruptive retail companies in the pandemic period, it could be expected that the conversation would center around one topic: retailing. People have slowly become comfortable with the fact that everybody they know is buying online, so they figure they’ll try it.

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Retail New York City New York Branding 142

PYMNTS

AUGUST 14, 2020

retail and food services sales for July of $536 billion, marking a rise of 1.2 Retail trade sales were higher by 0.8 The Census Bureau said August’s advance monthly retail report is set to be unveiled on Sept. Census Bureau reported estimated advanced U.S. percent (± 0.5 percent) from June and 2.7 percent (± 0.7 14) statement.

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Retail Report Online Company 178

PYMNTS

MARCH 4, 2019

To help define travel for the next generation of adventurers, Porter & Sail is combining discovery and booking it leans toward full-platform experiences. While it may not be feasible to travel too far, that adventurer can book a trip to Miami, Nashville or Montréal. The Booking Experience.

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Mobile Nashville Miami New York 139

PYMNTS

MARCH 9, 2017

While much has been made in the past few months about Amazon’s grocery store of the future, Amazon Go isn’t the online retailer’s only brick-and-mortar play — and a new move indicates that Amazon looks to continue expanding its physical retail presence outside of the grocery space. That’s not all.

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New York City New Jersey Seattle Chicago 109

PYMNTS

APRIL 27, 2018

As it seeks to speed up its eCommerce expansion, China’s Xiaohongshu or “Little Red Book” is seeking new funding. competes with large eCommerce retailers such as Alibaba Group Holding Ltd. Another fashion retailer focused on women, Meilishuo , is reportedly eyeing an U.S. billion, Business of Fashion reported.

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social media Retail Online Report 116

PYMNTS

FEBRUARY 10, 2020

It started as a simple online form: Users would fill out their destinations, the number of travelers in their group, their dates of travel and a bit of information on what they are like. That idea gradually morphed into Roost, which allows consumers to book a hotel and find a roommate. The Platform.

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Las Vegas San Francisco Nashville Chicago 142

PYMNTS

MAY 12, 2020

Online grocery sales saw a 110 percent increase in activity in April, according to Adobe’s Digital Economy Index (DEI), numbers spurred by the coronavirus ‘s push toward people avoiding human contact. Online sales as a whole continue to dwarf physical retail, the DEI stated. That category isn’t an anomaly.

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Online Retail Maine Data 132

PYMNTS

DECEMBER 29, 2020

parent company of luxury online retailer Mytheresa , announced that it's filed a registration statement with the SEC for an initial public offering (IPO), according to a press release. MYT Netherlands Parent B.V., The statement related to an IPO of American Depositary Shares, representing its ordinary shares, the release says.

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Company Retail Study Online 159

PYMNTS

APRIL 6, 2018

He turned to the internet, but he couldn’t find a place to book spaces online. As a result, he came to understand the experience of booking meeting spaces offline: It’s hardly a hassle-free experience and can involve calling an individual property. That’s hardly the easiest or safest way to book a space for an event.

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PYMNTS

SEPTEMBER 24, 2019

consumers are expected to be shopping online by 2021. The ruling meant that online retailers could be mandated to collect sales tax — and taxes can be levied by states on firms that do not have physical presence in those states. More than 230 million U.S. In that case, there are a number of reporting and filing requirements.

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Taxes Retail Online South Dakota 116

PYMNTS

MARCH 30, 2020

retail picture is bleak in this time of COVID-19. The Confederation of British Industry (CBI) said on Thursday (March 26) that its monthly survey of retailers showed the weakest outlook since April 2009. The CBI says retail sales volumes will fall sharply to April, with retailers more pessimistic than at any time since April 2009.

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Retail Survey Branding Online 141

PYMNTS

FEBRUARY 1, 2017

These are tough times to be tangible — as in brick-and-mortar, in retailing at least. The physical retailer is constrained by square footage, the hybrid retailer joining on an eCommerce platform less so, especially with the drop shipping. The upshot is that, through the drop-ship model, they do not need to hold more inventory.

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Online Retail social media Branding 100

PYMNTS

OCTOBER 18, 2018

To learn more about their customers and increase foot traffic, retailers are testing out new business ideas. In some cases, retailers are dedicating small spaces to brands inside their brick-and-mortar stores. The vast majority of retailers believe in trying new business approaches.

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Innovation Retail Online Branding 145

PYMNTS

NOVEMBER 6, 2020

We have deep dives on digital payments, online ordering and memberships. From Online Ordering to Cupcake ATMs: How Sprinkles Prepared for the Pandemic. Walmart Reboots Retail With Its Rethink on Robotics . Booking Holdings CEO Says Travel Recovery Will Take Years, Not Quarters. Fun, Cool and Otherwise Interesting.

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Online Payments Millennials Apple 148

PYMNTS

MARCH 31, 2020

As bookstores remain shuttered nationwide, a 3-month-old online seller is stepping up. Between 2015 and 2018, I saw this big jump in the percentage of weekly sales for physical books that were going to Amazon.com,” Hunter told the AP. Here’s how Bookshop.org helps indie book retailers.

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Online social media Retail Groups 141

PYMNTS

MARCH 11, 2019

With a rise in discretionary spending and building materials purchasing, retail sales in the U.S. At the same time, however, it was noted that retail sales fell by 1.6 During the month, mail-order and online retail sales notched their largest gain as of December 2017 at 2.6 increased by 0.2 percent in January.

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Retail US Survey Report 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.

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Retail Online Mobile Data 198

PYMNTS

APRIL 27, 2016

Goldman Sachs has officially entered the world of online retail banking. The platform was reportedly inherited by Goldman Sachs after its recent acquisition of a $16 billion book of deposits from GE Capital. TechCrunch also noted that the bank’s interest rate will provide customers with an annual yield of 1.05 06 percent.

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Retail Online FDIC Software 100

PYMNTS

APRIL 24, 2019

Brazilian retailer Magazine Luiza has announced that it will be selling books online, which could be picked up in one of its almost 1,000 stores. The company is aiming to compete directly with Amazon , which launched its online Brazilian operations in 2012.

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Retail Taxes Online System 108

PYMNTS

AUGUST 22, 2018

The online marketplace has disrupted any number of verticals, changing the way we shop and spend, and where we grab must-have items — from books to rugs to lamps, and sometimes from across international borders. We operate the only truly global luxury digital marketplace at scale, seamlessly connecting brands, retailers and consumers.

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Online Retail Branding Data 101

PYMNTS

JULY 6, 2020

Travala.com , the Binance-backed online trading agency, will be allowing travel bookings through Expedia paid for in cryptocurrency for the first time since 2018, according to CoinDesk. The feature was shelved at that time, as Expedia’s systems weren’t set up to accept bitcoin payments.

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Bitcoin cryptocurrency blockchain Regulation 169

PYMNTS

JULY 11, 2019

Innovation takes many flavors and paths, and that’s especially true when it comes to merchants who sell retail products and companies that sell retail services. Service merchants are very much focused on their profession and giving great customer service — that’s difficult to do online.”. Innovation Role.

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Innovation Retail System Course 147

PYMNTS

DECEMBER 13, 2019

As Americans reduced their discretionary spending, retail sales in the United States rose by a level that was lower than expected in November. The Commerce Department said retail sales increased 0.2 percent last month, and data from October was revised to indicate that retail sales rose 0.4 percent in lieu of climbing 0.3

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Retail US United States Survey 131

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. earnings per share booked for the third quarter of 2018. percent higher than the $5.02

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Lending Digital Banking Retail Branding 147

PYMNTS

JUNE 20, 2019

No, that doesn’t mean that PYMNTS takes sides in the struggle for retail supremacy, but only that we like to note when someone or some organization mounts a challenge to the eCommerce and logistical behemoth. High-End Retail. The battle for Amazon retail supremacy also involves pets. Here’s some news: Amazon is not unbeatable.

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Retail Innovation Online Taxes 125

PYMNTS

FEBRUARY 24, 2020

As 2020 unfolds, the retail business has been dramatically altered. But with consumer spending holding steady, it’s important for retailers to grasp the opportunity to create innovative ways to get, keep and grow customers. And retailers that deploy experiential tactics drive repeat purchases at rates nearly twice those who don’t.

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Retail Branding New York City Indiana 210

PYMNTS

SEPTEMBER 5, 2019

It remains difficult for online businesses to get access to capital. Online-first retailers like Warby Parker are using Terminal to build a fully-customized in-person checkout. Stripe announced Thursday (Sept. 5) the launch of Stripe Capital to simplify the way internet companies can access funds.

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Online Capital United States Company 152

PYMNTS

JANUARY 20, 2020

Swedish furniture company IKEA now has a second online-only store in India, this one in Pune. Our online shop has over 7,000 products, of which more than 800 products are [priced] below ?200 Buyers have the option to book IKEA professionals to put the furniture items together, or they can assemble the products on their own.

Online 131

Online Marketing Meeting Trends 131

PYMNTS

FEBRUARY 11, 2019

In a world where, as the Census says, 90 percent of retail sales still happen in the physical store, cards rule. As longtime readers of my columns know well, the 90 percent of retail sales promulgated by the Census is just an average across all categories of retail spend. percent of all retail sales, including auto, in 2039.

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Online Retail Mobile Branding 197

PYMNTS

JANUARY 7, 2020

The impulse to protect purchases runs deep, as does brand affinity (aka trust) in our favorite online retailers. Delving into the topic in-depth, the latest PYMNTS Retail Product Insurance Study surveyed close to 3,000 U.S. Of respondents who recently bought a car online, 45.2 Better Safe Than Sorry. percent), theft (10.5

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Retail Study Online Branding 131

PYMNTS

AUGUST 13, 2019

Not only is it a big time for retail but, in a sense, a kind of dress rehearsal for the upcoming all all-important holiday shopping season. Retail back-to-school spending for families will hit an average of $696.70 last year, according to the National Retail Federation , a trade group. this year, up from $684.79 Amazon Effort.

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Retail Innovation Course Trends 127

PYMNTS

MARCH 17, 2016

The biggest question around Amazon’s Seattle brick-and-mortar bookstore — as well as the upcoming second location in San Diego — remains a philosophical one: Why would an online retailer that already sells books need to put up with the hassle of running a physical store?

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eBook San Diego Analytics Seattle 100

PYMNTS

JANUARY 21, 2020

And nowhere is that aphorism better illustrated over the last decade than with the statistic that more than 90 percent of all retail sales took place at brick and mortar stores. It gave retailers the illusion that digital was the retail cart driven by the physical store horse. The answer, she noted, is complex.

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Retail Innovation Data New York 168

PYMNTS

OCTOBER 4, 2019

Online retailers are expanding their brick-and-mortar footprints – and using feedback from eCommerce customers to inform the selections in their new stores. There are also digital price tags for every item, and Prime members can pay the discounted online price for their selections at the store. In Other Brick-and-Mortar News.

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Retail San Francisco United States Boston 109

PYMNTS

JULY 8, 2016

In an effort to lower the payments hotels pay to online travel websites, Hilton Worldwide Holdings Inc. According to a report in The Wall Street Journal , the discounts can be as high as 25 percent, granted the loyalty members book their stays through the hotel website instead of an online travel operator like Expedia or Priceline.

Online 101

Online Operations Strategy Examples 101

PYMNTS

NOVEMBER 17, 2020

Adyen , a FinTech whose payments platform is used by merchants and retailers around the world, is teaming up with San Francisco-based installment payment company Affirm in a new partnership, the companies announced on Tuesday (Nov. This can be done either online or in-store using a QR code, the companies said.

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San Francisco Payments United States Retail 243