PYMNTS

NOVEMBER 9, 2020

For most of us, a stroll down the chilled or frozen food aisle in the supermarket is essentially an in-store version of window shopping. From a business standpoint, we believe that things like sales lift are obviously a really important metric,” Dravenstott said, “and you don't hear that much in brick and mortar retail.

Retail 277

Retail Innovation Video Chicago 277

PYMNTS

MARCH 18, 2019

Weaker-than-expected holiday spending has led to concerns that it’s the start of a retail slowdown, leading Wall Street to slash profit estimates. retailers saw their estimates reduced during the past three months, with estimates only increasing for 16. In December retail sales dipped 1.6

Retail 108

Retail US Branding Report 108

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 which owns 32.5

Retail 154

Retail Analytics New York Examples 154

PYMNTS

SEPTEMBER 4, 2018

Major retailers are stepping in to fill the void left by Toys R Us: Walmart , in particular, is growing its toy assortment by 30 percent in its brick-and-mortar stores, and by 40 percent online. To that end, the retailer is rolling out “thousands” of additional items to give customers more options.

US 100

US Retail Marketing Branding 100

PYMNTS

NOVEMBER 24, 2020

With brands everywhere rushing to either revamp existing channels or launch new ones, the line between traditional retail and direct-to-consumer (D2C) sites is not only getting blurred, but it’s raising questions about whether this trend is a short-term reflexive phenomenon or the start of a long-term strategic realignment.

Retail 157

Retail Branding Analytics Resources 157

PYMNTS

FEBRUARY 10, 2020

“We wanted to shine a spotlight on women who are really paving the way for other women with our activation this year,” Reilly explained, “because it really gives us a chance to focus around the intersection of fashions and entrepreneurship.”. All the entries were, by Reilly’s account, “impressive,” and the scores were incredibly close.

Retail 190

Retail Branding New York Tools 190

PYMNTS

NOVEMBER 28, 2018

retail outfit that sells children’s clothing, is mulling whether to shutter more than half of its 900-store base, Reuters reported Tuesday (Nov. Among those options for Gymboree – which also owns Janie and Jack and Crazy 8 brands – might be to file for bankruptcy again, according to the sources. Gymboree, the U.S.

Retail 152

Retail Capital Branding Groups 152

PYMNTS

JANUARY 12, 2021

In today’s top retail news, Dollar Shave Club (DSC)’s board of directors have named a new CEO for the brand, while Albertsons Companies registered a digital sales growth spike in its third quarter fiscal 2020 results. Plus, Salesforce has revealed a new loyalty management platform for companies. Gross margin increased to 29.3

Retail 145

Retail Branding Study Management 145

PYMNTS

MAY 11, 2020

Through this year’s Levi’s Haus Miami activation, the brand partnered with TikTok influencers Callen Schaub , Cosette Rinab , Gabby Morrison and Everett Williams to create customized denim using Future Finish 3-D denim customization technology. TikTok was the perfect platform for us to expand our efforts in social commerce.

Branding 148

Branding social media Video Miami 148

PYMNTS

SEPTEMBER 3, 2020

And in many places, for the first time, our retailers are open to it. And I said, ‘well, funny enough, the puck went right to us.’”. And the answer is, “Yes, a bar code can give you a way to do that — and in a form that retailers already understand how to accept.”. They're seeing this as an opportunity to change and shift.”.

Mobile 289

Mobile Retail Apple Payments 289

Bank Innovation

JANUARY 5, 2020

Digital banking brand Majority, which is aimed at reaching immigrants who lack credit history, is on pace to launch across the U.S. It gives immigrants a platform to manage their money, send funds home to their families and carry out long-distance […].

US 273

US Digital Banking Branding Management 273

PYMNTS

MAY 24, 2016

American retailers are showing a voracious appetite for global real estate expansion as they build their footprint overseas. The rapid expansion has a hit a new high with American retailers opening more stores abroad than retailers from any other country, findings from a new CBRE report say. The closest competitor to the U.S.

Retail 100

Retail US Maine Report 100

PYMNTS

MARCH 9, 2018

Beleaguered toy retailer Toys R Us is in the midst of prepping plans to liquidate its U.S. Toys R Us’ situation is in flux, but reports say liquidation seems a likelihood amid dashed hopes that a buyer will come to keep the (toy) trains running, so to speak, or that the debt will be repackaged.

US 107

US Operations Training Strategy 107

PYMNTS

APRIL 19, 2018

By 2022 online retail sales will go beyond $712 billion. According to news from Retail Dive , the study, released this week by Forrester Research, shows that 98 percent of American adults already go online at least once a day. retail market will be driven through digital touchpoints by the end of the year. trillion U.S.

Retail 105

Retail Online US Massachusetts 105

PYMNTS

MAY 20, 2020

The last several weeks have certainly made for unexpected and unprecedented times for consumers and all players in the retail ecosystem and left a lot of businesses standing at a crossroads as they face the back half of 2020 and questions about what to do next. For us, the part that we have to keep always in sight is the human component.

Retail 189

Retail Branding Innovation US 189

PYMNTS

SEPTEMBER 27, 2017

Toys“R”Us has just managed to secure $3.1 billion in financing, a big vote of investor confidence for the toy and game retail brand which had recently declared bankruptcy. Toys“R”Us officially filed for Chapter 11 bankruptcy on Sept.

US 115

US New York City New York Leadership 115

Banking Exchange

FEBRUARY 5, 2020

US sector takes 5% hit – despite strong performance from J.P Morgan and Merrill Bank Performance The Economy Retail Banking Financial Trends Management Feature Customers Performance Feature3.

Branding 125

Branding Trends Retail US 125

PYMNTS

OCTOBER 10, 2018

Today, she noted, things are quite good, as she is the rare internet celebrity who has turned a social brand into a bankable retail venture. Even after a year or two, it was still difficult, because a lot of brands and businesses didn’t understand digital marketing.

Branding 184

Branding social media Marketing Millennials 184

PYMNTS

JULY 15, 2020

Consumers were already changing their retail preferences before anyone had heard of COVID-19, let alone had their life utterly upended by it. This vastly accelerated retail realignment presents challenges — and opportunities — for retailers of all kinds, particularly those dealing in luxury goods, Molnar said.

US 206

US Retail Millennials Trends 206

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. As indicated in its previous statements, the company will reduce corporate and management headcount by approximately 3,900. COVID-19 has significantly impacted our business.

Retail 141

Retail Strategy Meeting Groups 141

PYMNTS

DECEMBER 14, 2018

Instagram is working on a shopping feature that would tell brands which products users are bookmarking, according to a report by CNBC. Brands can tag items and users can get more details about them, with the goal of eventually being sent to websites to complete purchases.

Branding 134

Branding Tools Video Analytics 134

Abrigo

OCTOBER 20, 2020

The banking industry has faced many challenges in 2020, from transitioning to CECL, managing Paycheck Protection Program loans, and navigating an unprecedented economic recession. More than 500 banking professionals across the country gathered for a two-day 2020 ThinkBIG: Manage Risk. Plan for new technology and innovations.

Management 195

Management Lending Community Strategy 195

PYMNTS

MAY 19, 2020

The results reversed a trend from last quarter, where the chain was one of many physical retailers facing a tepid holiday season that missed analyst expectations for sales, comparable-sales growth and earnings across the board. But things have reversed dramatically for the retailer amid the COVID-19 pandemic. percent to $134.6

Retail 221

Retail Los Angeles Survey Online 221

Perficient

JANUARY 11, 2021

The brands that can operate with speed and agility win in this environment. eMarketer predict ed US adults spent over three and a half hours per day on mobile apps this year and expect this number to rise in 2021. . Pinterest and other retailers had to reimagine the fitting room. It is not too late to join them.

Mobile 502

Mobile Strategy US Management 502

PYMNTS

MAY 14, 2020

Cafe closures during the coronavirus pandemic have reduced retail opportunities for tea brands, but consumers are still ordering their favorites online or loading up on them at grocery stores. They must also carefully manage their revenues and purchasing to get ahead. Three-Way Invoice Matching. Forry asked. What happened?’”

Retail 223

Retail Tools Fraud Management 223

PYMNTS

MARCH 6, 2020

Shoppers buying up products for long-lasting use, anticipating being shuttered inside for the coronavirus, has given companies a boost in sales. Companies like Mountain House, which works to supply outdoor retailers, have had to add shifts and workers to meet demand for snacks, pouched food like canned soup and pasta, and emergency kits.

Mobile 131

Mobile Retail Data Google 131

PYMNTS

APRIL 14, 2016

Everybody wants brand names, right? The upshot for the wholesale manufacturers behind those brands is, of course, that they are able to set their suggested retail prices a little bit (or, sometimes, a lot) higher than items bearing lesser-known labels. And that has become something of a problem for brick-and-mortar retailers.

Branding 100

Branding Retail Arizona Online 100

PYMNTS

MAY 19, 2018

There have been a number of great commercial jingles in the history of commercials — tunes so catchy that they stick, almost forever, and remind us of brand names simply by nature of being so catchy. Toys R Us ’ famous “Toys R Us Kids” jingle succeeded in doing that, and then some. Not a grain of salt — a whole container.

US 105

US Millennials Branding Retail 105

PYMNTS

NOVEMBER 7, 2018

There are many, many retailers and brands trying to outfit the world, and standing out in the crowd is difficult. The brand became the first to launch a website for U.S. Frenzy manages printing, packing and shipping. Starting a new business is never easy, and new apparel lines are particularly challenging. With its U.S.

Marketing 198

Marketing US United States South Carolina 198

PYMNTS

JANUARY 29, 2019

The toy industry saw a dip in sales during its first holiday season without Toys R Us. But Lennett noted that the 2 percent decline was still a “solid performance,” considering that Toys R Us was estimated to account for 10 to 15 percent of all toy sales before it shut down all of its U.S. customers spent $21.6

US 109

US Groups Industry Capital 109

PYMNTS

APRIL 30, 2018

Brands and retailers face a dilemma then: How do companies reach consumers through their phones? As a result, Kolacz is rolling out technology for brands and retailers to connect with customers through messaging platforms such as Facebook Messenger, WeChat , Viber and WhatsApp. The Platform.

Retail 118

Retail Branding Customer Experience Knowledge Base 118

PYMNTS

AUGUST 4, 2020

With Burberry launching a social experience at its brick-and-mortar Shenzhen store and social platforms like Facebook pushing their commerce capabilities, new startups are popping up and established brands are catching up to capture this newest area of the digital shift. Tuli also has a high-profile management team. 4) with Tuli.

Trends 207

Trends Branding Retail Community 207

PYMNTS

JUNE 14, 2019

Online brands are expanding their brick-and-mortar footprints: Online handbag marketplace Rebag , for instance, is opening a new store in Miami’s Design District with more stores said to come. We are thrilled to expand Rebag’s retail footprint to the Miami community. In Other Brick-and-Mortar News.

Miami 100

Miami Retail New York City New York 100

PYMNTS

DECEMBER 30, 2016

While the shift to the online space is often seen as the great game-changer in retail, Loren Padelford, vice president and general manager of Shopify Plus , said that the change is actually to something more fundamental. A lot of traditional merchants and retailers are struggling with that change.

Retail 130

Retail social media Branding Mobile 130

PYMNTS

DECEMBER 6, 2019

To test out renting attire as eco-conscious shoppers rein in their purchases, H&M said its COS brand has collaborated with the Chinese subscription rental platform YCloset to trial clothing rentals. H&M has rolled out many independent brands like Arket and COS in recent years.

Branding 101

Branding Groups US Lending 101

PYMNTS

MAY 3, 2019

Brick-and-mortar retailers are changing the way they manage their workforces in the age of Amazon: Walmart , for instance, is testing multiple versions of a new team structure called the “Great Workplace” in some of its locations. In terms of Walmart’s other efforts, the retailer is also focusing on features such as grocery pickup.

Retail 100

Retail St. Louis San Diego Los Angeles 100

PYMNTS

OCTOBER 18, 2019

Brick-and-mortar retailers are joining forces with online reCommerce companies to bring pre-owned merchandise into their stores, adding to their sustainability efforts. The brand also rolled out a fair-trade denim capsule earlier in 2019.). Beyond Madewell, other retailers have collaborated with thredUP.

Retail 101

Retail Kansas City Nashville Kansas 101