PYMNTS

SEPTEMBER 8, 2020

One of the overlooked elements from the retail earnings reports of recent weeks is inventory levels. But several reports are pointing to healthy inventory positions as a point of optimism in retailing’s comeback progress. Its latest monthly retailer inventory-to-sales ratio report for June indicates a significant drop — from 1.35

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Retail Branding California Analytics 130

PYMNTS

AUGUST 4, 2020

CEO Elon Musk raised the possibility of shuttering its stores and selling only online , the California electric vehicle and clean energy company is planning to expand its retail presence. Europe has been a tough market to break into given that electric vehicle sales are dominated by Renault and Peugeot, domestic automakers.

El Paso 109

El Paso Retail Tucson US 109

PYMNTS

JULY 6, 2020

If your business touches retail in any way, it might pay to follow a few important breadcrumbs. Last week, Constellation Brands purchased Empathy Wines , a direct-to-consumer (DTC) eCommerce business that sells wines from California vineyards. It reportedly purchased this digital upstart — one with a reported (and very small) $3.9

Retail 259

Retail Meeting Branding Maine 259

PYMNTS

AUGUST 3, 2017

Retailers like Target have shared plans for building out eCommerce centers in its brick-and-mortar locations, the Amazon Go grocery store has taken the shopping experience to the next level. Walmart’s eCommerce market coach, Susan Vanderlip, commented on these new locations to The Orange County Registe r.

California 100

California Oklahoma City Oklahoma Seattle 100

PYMNTS

SEPTEMBER 19, 2019

Apparel used to be mostly a brick-and-mortar retail experience, but that has changed drastically over the last few years – and has been one of the main innovations when it comes to commerce related to the clothes we wear. But at this point, it is also mostly table stakes in the race to bring apparel retail online.

Retail 137

Retail Innovation San Francisco New York City 137

PYMNTS

JANUARY 18, 2019

In an effort to halt Volvo from offering cars to consumers through subscriptions, the California New Car Dealers Association (CNCDA) filed a petition with the New Motor Vehicle Board in the state. The CNCDA represents over 1,000 franchised dealers of cars and trucks in California, The Verge reported.

California 115

California Groups Trends Marketing 115

PYMNTS

MARCH 1, 2019

Russia’s trade associations have accused Visa and Mastercard of abuse of market power in the country. In addition, it was alleged that both Visa and Mastercard charged different tariffs depending on the retail outlet, which the applicants assert is trade discrimination.

Marketing 128

Marketing Cards California Retail 128

PYMNTS

MARCH 30, 2020

California Consumer Privacy Act (CCPA), Washington Privacy Act (WPA) and other new privacy and online transaction standards are changing how businesses interact with consumers’ data in the U.S. retailer trade group, Retail Industry Leaders Association ( RILA ), told PYMNTS in a recent interview.

United States 131

United States Retail Customer Experience Data 131

PYMNTS

JULY 18, 2018

eBay is gearing up to slash close to 300 jobs in California, with the cuts slated to be completed by July 20. The layoffs come as eBay continues to battle against Amazon in online retailing. RBC Capital Markets estimates Amazon made between $1.5 No affected employee has any bumping rights.”. billion.

California 101

California San Jose San Francisco Retail 101

PYMNTS

MAY 2, 2019

” According to Fortune , the company will test the service in 18 markets: Austin, Texas; Charlotte, North Carolina; Chicago, Illinois; Dallas-Ft. .” ” According to Fortune , the company will test the service in 18 markets: Austin, Texas; Charlotte, North Carolina; Chicago, Illinois; Dallas-Ft.

St. Louis 129

St. Louis San Antonio San Diego Los Angeles 129

PYMNTS

NOVEMBER 18, 2019

18) that it has secured a distributor license from California, bringing it one step closer to bringing its first electric SUV, Byton M-Byte, to the United States. At the same time, we are also confirmed in our concept by the current developments on the various European markets. on its own, as well as through retail partners.

US 155

US California United States Retail 155

PYMNTS

FEBRUARY 11, 2020

Mastercard Gets Nod To Join China’s $27T Payments Market. China approved Mastercard for a bank card clearing business with its partner, NetsUnion Clearing Group, giving the company access to a $27 trillion payments market. A judge rejected a request by Uber and Postmates to stop new California regulations on gig economy workers.

Marketing 150

Marketing Payments Retail California 150

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. Macy’s , for example, is testing out pop-up stores in 10 cities in a concept called “The Market @ Macy’s.”

Innovation 145

Innovation Retail Online Branding 145

PYMNTS

SEPTEMBER 20, 2018

It’s a good time in America to have a retail space ready to rent out — eCommerce merchants are on the hunt and signing large contracts. By category, the biggest lease signers were manufacturers, with 14 percent of the market, followed closely by beverage providers (11 percent), retailers (7 percent) and tech firms (4 percent).

Retail 122

Retail Fort Worth Metro North Carolina 122

Perficient

JANUARY 7, 2021

From retail to consumer goods, online and mobile sales are up significantly. For example, some states, such as California and Massachusetts, plan to ban the sale of new gas-powered cars by the year 2035. I think the more significant impact COVID-19 could have in the long run revolves around consumer behavior.

Marketing 309

Marketing Industry Mobile Massachusetts 309

Independent Banker

FEBRUARY 28, 2022

Kathy Strasser of IncredibleBank is evaluating marketing campaign management platforms. We asked several banking leaders how they’ve employed fintech to ramp up their marketing campaigns, hone their analytic strategies and gain new patrons in the process. Their ability to market and add banking functionality … is a natural fit.”.

Fintech 136

Fintech Marketing Community Bank Community 136

PYMNTS

OCTOBER 5, 2020

Wool footwear brand Allbirds is wagering on physical retail stores despite the coronavirus. The firm recently closed a $100 million investment round that will partly back physical growth in international markets and bolster the size of its labor force, the Financial Times reported.

Retail 256

Retail Branding California National 256

PYMNTS

JULY 29, 2019

The rise of video games, both online and mobile, is helping to drive innovation in retail. The move is one of several Tilly’s has been pursuing recently to draw additional foot traffic in an era when, like many youth-focused retailers, it is seeing its sales constantly shifting online. Apple has stiff rivals in the gaming market.

Video 120

Video Innovation Retail Apple 120

PYMNTS

FEBRUARY 2, 2017

California Pizza Kitchen has taken notice of this and has decided to raise the bar in its current mobile app, CPK Pizza Dough Rewards. By eliminating the post-meal waiting time, California Pizza Kitchen has placed value on both customers’ experience level and time. “We On Wednesday (Feb.

California 100

California Mobile Customer Experience Meeting 100

PYMNTS

OCTOBER 21, 2016

Retailers that are unable to call on substantial financial reserves are struggling in the current environment. Mobile shopping is growing and a key focus of retailers going into the holiday season. Mobile shopping is growing and a key focus of retailers going into the holiday season. and Pacific Sunwear of California Inc.

Retail 100

Retail Marketing Branding Austin 100

PYMNTS

OCTOBER 20, 2020

Amazon Fresh, a new physical retail concept from Amazon, is setting up shop in four locations in the Chicago market, the Chicago Tribune reported. Furthermore, Whole Foods Market lists new store openings In Sherman Oaks, California; Sunnyvale, California and Fort Lauderdale, Florida.

Los Angeles 141

Los Angeles Phoenix Chicago Long Beach 141

PYMNTS

AUGUST 11, 2020

11), reported by CNBC , that retail behemoth Walmart has struck a partnership with Instacart to offer same-day deliver across a few, select markets in the United States, focused on four initial pilots in Oklahoma and California. News came Tuesday (Aug.

Online 227

Online Oklahoma San Diego Los Angeles 227

PYMNTS

OCTOBER 7, 2020

7) include a printed V-neck sweater listed for $2,295 instead of its reported retail price of $3,300 and a canvas belt bag listed at $695. The partnership has produced an online shop dedicated to Gucci items that have been certified by members of The RealReal's team of 150 validation experts. A woman's straw visor is being offered at $361.25.

Marketing 131

Marketing California Retail Innovation 131

PYMNTS

AUGUST 2, 2019

Emerging direct to consumer brands (DTC) are not the only companies entering the world of brick-and-mortar: Birkenstock , whose historical roots date back to the 1700s, recently opened its second retail store in the United States. The Venice Beach, California location follows the opening of the brand’s first company-owned U.S.

Retail 101

Retail United States US New York City 101

PYMNTS

JANUARY 14, 2021

Our office continues to aggressively monitor this market to protect fair competition for consumers, authors, and other eBook retailers,” Mr. Tong said in a statement, per WSJ. Amazon had a 76 percent market share of all eBooks sold in the U.S. in September, according to Codex Group data, per the WSJ.

eBook 174

eBook Connecticut North Carolina Nebraska 174

PYMNTS

MAY 23, 2017

A new study has found that more pet owners are shopping for products online and traditional retailers will have to do more than boost their online presence in order to compete. According to the report, each deal has contributed to the structural remix of the pet market.

Online 113

Online Retail Study Training 113

PYMNTS

JANUARY 18, 2019

Grocers are using autonomous vehicles to help bring fresh food to the doorsteps of consumers, and news came this week that another retailer plans to use the technology: Approximately one month after Kroger announced that it had started to use autonomous vehicles in Arizona, Stop & Shop is intending to use them in the Bay State.

Retail 129

Retail Branding Arizona United States 129

PYMNTS

AUGUST 22, 2018

Target is expanding its curbside pickup to two new markets: California and Colorado. Earlier this year, the retailer announced its plans to introduce the service to nearly 1,000 of its brick-and-mortar stores, which the company says is on track to happen by the holiday season.

Marketing 100

Marketing Sacramento Colorado Virginia 100

PYMNTS

NOVEMBER 30, 2018

Many organizations, from retailers to local governments, are turning to self-driving technology to help them reach their goals and to get purchases and people to their destinations. As more merchants harness the potential of self-driving vehicles, the global market size of the technology is projected to grow at a rate of 63.1

Retail 139

Retail Training California Technology 139

PYMNTS

MARCH 31, 2020

“I’d say at the beginning of the year, a third of our business was online, with the rest coming through our storefront,” says Dwight Steffenson, proprietor of Solvang Antiques near Santa Barbara, California. ” 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

JULY 11, 2018

With the rollout of savings tied to Amazon Prime in Whole Foods Market , which Amazon bought in 2017, loyalty programs are expanding beyond the supermarket to encompass more than groceries and have a built-in audience. And now, Amazon is bringing its annual retail holiday “Prime Day” to Whole Foods. percent in Southern California.

Retail 104

Retail Fort Worth Philadelphia Dallas 104

PYMNTS

OCTOBER 22, 2020

Online clothing retailer ThredUP has filed confidentially for an initial public offering (IPO) in the U.S., The company, based in Oakland, California, is one of the growing numbers of eCommerce sites trafficking in used goods, competing with old stalwarts like Salvation Army Thrift Stores. Bloomberg reports.

Oakland 222

Oakland California Retail Strategy 222

PYMNTS

JANUARY 19, 2021

19) that it has finished its sale of Cost Plus World Market (CPWM) to California-based private equity firm Kingswood Capital Management, according to a statement. Bed Bath & Beyond Inc. said on Tuesday (Jan.

Marketing 130

Marketing California Branding Capital 130

PYMNTS

SEPTEMBER 4, 2018

In order to connect retailers with these consumers, AutoX plans to use a more flexible approach to its business model by maintaining its own fleet and providing retailers with different cost structures. In terms of target market, Li said self-driving grocery services could appeal to busy moms or any consumer pressed for time.

Retail 122

Retail Mobile California Technology 122

PYMNTS

SEPTEMBER 15, 2017

California coffee chain Blue Bottle has just been slurped up by Nestlé, the world’s largest food and drinks company, based in Switzerland. The Blue Bottle café and roastery chain has a value of more than $700 million, according to a report by Financial Times. Nestlé paid $500 million for a 68 percent majority stake.

Marketing 139

Marketing Miami California Washington 139

PYMNTS

MARCH 9, 2020

One retailer, for instance, recommitted to scaling robotics solutions to replenish inventory to hundreds of locations by this summer. Data: 2020: The year Target will open new warehouses near key markets, including New York and southern California. 290B: The projected lost revenue for retailers as a result of returns in 2022.

New York 141

New York California Retail Data 141

PYMNTS

DECEMBER 17, 2020

The digital-first economy has spawned many new business models, and one that has taken flight during this end-of-the-year period is on-demand retail partnerships. In the first one, a service company partners with a retailer to be an exclusive on-demand service provider. They come in two flavors. Think TaskRabbbit and IKEA.)

Retail 209

Retail California Exercises Industry 209