Remove Branding Remove Operations Remove Regional Remove United States
article thumbnail

Pandemic Continues To Dull Allure Of Luxury Goods

PYMNTS

Despite some signs of improvement this month, LVMH , the world’s biggest luxury goods group, admitted that its brick-and-mortar sales were erased by lockdowns across Europe and the United States in recent months, and that an immediate turnaround was unlikely. “We billion in 2020, compared to $62.4 billion in 2019.

Branding 246
article thumbnail

Germany’s FlixMobility Reports 37 Pct Boost In Transport App Users

PYMNTS

Popular for its branded green vehicles, in 2019, FlixMobility expanded into Ukraine. FlixMobility is operating in 30 countries. FlixMobility launched in the United States in 2018, challenging popular companies like Greyhound, and now operates with 100 destinations from coast to coast. billion people.

Report 130
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Marriott Sees ‘Improving Trends’ In Greater China As Region’s Travel Begins Recovery

PYMNTS

billion in April and brought in $920 million in additional liquidity via amendments to its co-brand credit card agreements in May. Marriott CEO and President Arne Sorenson said on a Monday (May 11) earnings call that, overall, “negative trends appear to have bottomed in most regions around the world.

Trends 178
article thumbnail

Philly Mall Owner Sets The Tone For Digital 3.0

PYMNTS

“The inclusion of products from various mall tenants in the program will create a new stream of sales and customers for stores, as well as drive awareness and brand recognition,” said PREIT in a statement. Twenty-eight percent of PREIT’s portfolio consists of local and regional tenants.

article thumbnail

Kroger Gains Traction In Multiple US Markets

PYMNTS

In multiple large metropolitan areas of the United States, market share data indicates that Kroger is gaining traction. The grocer operates Kroger stores along with regional brands such as Fry’s, King Soopers and Harris Teeter, Cincinnati.com reported. billion in grocery sales last year in the region.

US 100
article thumbnail

Merchants, PayFacs And Monetizing Payments Flows

PYMNTS

We’ve seen consolidation within verticals, with software platforms coming together to create brands within, say, health and fitness, while maintaining the individual brand of the SaaS platform itself,” he told PYMNTS. We’re also seeing it for government platforms at the federal, state and municipal levels.”.

Payments 132
article thumbnail

Gas Station TV, Verifone Combine Pump Assets Into GSTV

PYMNTS

In a press release , the companies said the combined business will operate under the GSTV brand and deliver 3.3 billion annual impressions through more than 18,000 locations in all 50 states by year’s end. “We National and regional marketers across all industry sectors now have a way to reach valuable, attentive consumers.

Detroit 100