PYMNTS

MARCH 28, 2019

Kiosks are gaining more power in retail, especially as it becomes ever more obvious that consumers are not quite ready to cut ties with physical forms of buying, contrary to the early fever dreams of the eCommerce age. There are seven million family-run mom-and-pop stores that dominate retail outside big cities in China,” that analysis reads.

Marketing 158

Marketing Retail eBook Illinois 158

PYMNTS

JANUARY 23, 2019

Capital One ’s domestic card loans increased 8 percent in the fourth quarter of 2018 , the bank said on Tuesday (Jan. billion, a jump Capital One said was mainly due to a 65 percent increase in marketing expenses. Capital One takes over for Synchrony Financial , which had a nearly 20-year relationship with the retail chain.

Capital 156

Capital Cards Branding Conference 156

PYMNTS

JULY 6, 2020

If your business touches retail in any way, it might pay to follow a few important breadcrumbs. Worse yet, some analysts fear the triggering of break-lease clauses for retailers in malls if anchor stores leave. All of this will only make malls an even tougher sell to consumers, and to retailers that want consumers to buy their stuff.

Retail 259

Retail Meeting Branding Maine 259

PYMNTS

NOVEMBER 3, 2020

These are the top stories in retail for Tuesday (Nov. The automotive market is surging during the pandemic, and companies like Carvana are reaping the benefits. The company reported a stellar third quarter as used cars and contactless delivery are driving the market. Wayfair, Home Furnishings Sector Looks Past COVID Winter.

Company 131

Company Retail Boston Capital 131

PYMNTS

NOVEMBER 6, 2018

But years later, shoppers traded Woolworth’s along with other Main Street stores for locations near the highways. That retailer would be Five Below, which, after opening its doors in 2002, called itself “the Five-and-Dime for the iPod Generation” in a 2011 press release. The New Five-And-Dime Store.

Maine 139

Maine Retail Pennsylvania Study 139

PYMNTS

DECEMBER 1, 2020

Former Google CEO Eric Schmidt is among the backers of a new $111 million European early-stage venture capital fund, according to CNBC. 30) by London-based venture capital firm Firstminute Capital , CNBC reported. The new fund's main investor is RIT Capital Partners.

Google 159

Google Charlotte Capital Big Data 159

PYMNTS

JULY 1, 2020

billion non-cash goodwill charge before tax, as the retailer’s long-haul forecast and market capitalization shifted, mainly due to the coronavirus health crisis. The department store retailer also recognized an $80 million long-lived asset impairment charge, according to a first-quarter financial results announcement.

Taxes 232

Taxes Retail Maine Regional 232

PYMNTS

OCTOBER 16, 2019

Retail sales in the U.S. Online retail suffered a 0.3 Meanwhile, the retail sales for August were revised to a 0.6 Officials have not dispelled market expectations that interest rates could be cut again for the third time when they meet later this month. decreased 0.3 16) by the U.S. Commerce Department. percent decline.

Retail 102

Retail US Meeting Data 102

South State Correspondent

FEBRUARY 29, 2024

Higher capitalization rates driven by higher expected future rates (fewer rates are priced in the forward curve) dropped the future value of properties across the United States and hurt expected loss given default (LGD) by 1.5% While delinquencies ticked up in most major sectors, the probability of a recession decreased.

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Trends Community Bank Community United States 195

PYMNTS

AUGUST 14, 2020

The Canadian firm said it has a total of $77 billion in securities, cash and other available capital available when including uncalled capital commitments from clients, Bloomberg reported. However, the turmoil in the market impacted the company’s earnings in the quarter.

Management 131

Management United States Capital Retail 131

PYMNTS

SEPTEMBER 2, 2016

economy powered by consumer spending, vacant retail rental space is forecasted to decline in the next several years, while rental prices are forecasted to rise, according to Cushman & Wakefield ’s recently released U.S. The bifurcation in retail property performance based upon class will only accelerate,” according to the forecast.

Retail 101

Retail Trends Branding Marketing 101

PYMNTS

FEBRUARY 24, 2020

Target ’s strategy to concentrate on its eCommerce business has moved the big-box retailer to the No. While growth is strong for Target’s eCommerce business, QVC and HSN owner Qurate Retail Group have dropped. eCommerce market will increase from 1.1 eCommerce market dip in 2020. eCommerce market dip in 2020.

Retail 150

Retail Online Maine Apple 150

PYMNTS

DECEMBER 20, 2019

A decade ago, the concept of building a retail operation around shopping in other people’s closets was something of a hard sell. We were kind of the original disruption in the fashion retail space, as it brought the concept of sharing a closet to the forefront in 2009.

Retail 133

Retail Data Maine Company 133

South State Correspondent

FEBRUARY 20, 2023

Understanding the competitive banking landscape helps community banks set proper pricing, respond to rival marketing, and compete more effectively. Further, the competition is not just another bank that might make a loan or take a deposit, but it could be a credit union, insurance company, retail store, or a fintech.

National 195

National Lending How To Community Bank 195

PYMNTS

JULY 7, 2020

Now, with the pandemic still surging, Walmart hopes to capitalize on the new need for eCommerce sales. And while Walmart claims a larger stake in the grocery business than Amazon, the long-standing Arkansas-based retailer fears that Amazon could encroach on that side of the market as people shift to digital during the pandemic.

Arkansas 190

Arkansas Retail Video Maine 190

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. At the same time, it was reported that Walmart plans to employ $11 billion in capital expenditures this year.

Retail 100

Retail St. Louis San Diego Los Angeles 100

PYMNTS

MARCH 31, 2020

Tokyo, Japan’s digital banking startup Kyash has closed a $45 million Series C funding deal co-led by Greenspring Associates and Goodwater Capital, Kyash said in a statement on Sunday (March 30). Goodwater Capital also invested in Kyash’s Series B Round. growth equity investment firm Greyhound Capital; U.S.

Fintech 201

Fintech Capital Groups ATM 201

PYMNTS

JULY 16, 2019

Joining a small portion of internet upstarts trading on mainland China’s public markets, SMZDM ’s shares skyrocketed almost 44 percent on its first Shenzhen trading day. Companies generally must have a three-year record of profitability prior to applying for an A-share listing on the main bourses of China. SMZDM had net income of 19.35

United States 100

United States Retail Capital Maine 100

Abrigo

MAY 24, 2023

This lack of access to financial services hinders these businesses’ abilities to gain a market foothold and contributes to the flourishing of an unregulated, underground marketplace. Without access to traditional banks, legal cannabis businesses can’t access loans and capital or even use basic bank accounts.

Lending 195

Lending Fraud Operations Ohio 195

PYMNTS

JUNE 18, 2020

as well as Durable Capital Partners LP in addition to current investors, accounts and funds that T. The company said the funds will help with new offerings that assist its retailers in handling the evolved operating climate as well as provide diners with secure and accessible ways to transact. Rowe Price Associates, Inc. among others.

Capital 141

Capital Community California Maine 141

CB Insights

SEPTEMBER 6, 2017

As internet retailers are expanding their operations into brick-and-mortar operations (think Warby Parker, Argent, Bonobos, and BaubleBar ), venture capitalists are also investing in “physical-first” startups focused on creating new brick-and-mortar business models. New Frontiers in Retail Tech. How will we shop in 2020?

Maine 70

Maine Capital Rhode Island DC 70

PYMNTS

FEBRUARY 7, 2020

Gresham House and Force Over Mass Capital led the round to bring Moteefe’s total financing to $12.5 Moteefe has built its own proprietary production software and plans to use the additional funding for expanding into new markets, including Australia.

Security 151

Security Branding Maine Capital 151

PYMNTS

JULY 8, 2020

Small to medium-sized businesses (SMBs) are some of the main beneficiaries of these innovations, as they become more inclined to look into global eCommerce to add to their in-store sales. 55B: Square’s market capitalization. All this, Today in Data. Data: . 45%: Decline in cross-border payments volume in May 2020.

Innovation 135

Innovation Payments Maine Data 135

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

SEPTEMBER 24, 2020

Retail, for all intents and purposes, has always been an interdependent system. Pricing also depends on more intangible factors such as sales, operations and marketing. And all retailers depend on the one constant that separates any business from a hobby: the customer. Pricing depends on supply and demand.

Retail 160

Retail Maine Operations System 160

PYMNTS

DECEMBER 30, 2020

Highlighting the increasing interest in this startup space is this week's B2B venture capital roundup, which recaps the final two weeks of 2020 in B2B FinTech investments. Investors at Caffeinated Capital recently led a $20.5 Offering a suite of B2B services to retail businesses, U.K.-based CloudTrucks. Brightpearl.

Capital 211

Capital Management Operations Security 211

PYMNTS

JULY 11, 2018

The investors to take part in the latest fundraising include CICC Capital (a unit of investment bank China International Capital Corp.), brokerage China Securities, private equity firm Citic Capital and BOCGI (Bank of China’s investment arm). Google gets 27.1 million new JD.com shares, giving it a 1 percent stake in the company.

Google 100

Google Maine Capital Security 100

South State Correspondent

JANUARY 4, 2023

Because many banks are now producing below their cost of capital, growth further exacerbates their issues and drives them out of business (likely through a sale) faster. Without the windfall of profit accrued to banks in 2022 because of faster-than-expected rate increases, banks will need to be better allocators of capital.

Community Bank 195

Community Bank Capital Training Lending 195

South State Correspondent

MAY 23, 2023

This data is critical for pricing, capital allocation, and marketing. As can be seen, Arizona and Texas have the largest increases in credit risk, while Minnesota and Maine are the most stable. ” The reality is that banks should be much more granular than that to allocate capital more efficiently.

Trends 195

Trends Minnesota North Dakota Arizona 195

Abrigo

FEBRUARY 12, 2020

“Macy’s closing 125 stores signals ‘more pain’ for retailers,” ABC News reported Feb. Retailers like Pier 1, Papyrus and Express are closing 1,000 stores. Real Estate Market Outlook. MBA Vice President for CRE Research Jamie Woodwell said in a news release that low interest rates gave CRE markets a boost last year. “In

Lending 195

Lending Trends FDIC Survey 195

PYMNTS

MARCH 2, 2020

The two main eCommerce players are Copia (which has faster delivery) and Jumia (which has more market share. Tim Steel, its CEO, points to Africa’s 750 million mid- and low-income consumers- who spend $680 billion a year – as its main target market. All this has been possible due to money from the business.”.

Maine 157

Maine New York Capital Resources 157

PYMNTS

APRIL 12, 2018

The eCommerce retailer invested $22.6 Here’s how these companies are investing in R&D — and ushering in the next generation of retail technology. Amazon spent the most on R&D by far. billion in R&D in 2017, which was 41 percent more than it did in 2016. Amazon spent $22.6 billion in R&D in 2017. Microsoft spent $12.3

Company 118

Company Retail Apple Software 118

BankUnderground

NOVEMBER 27, 2020

Eight decades later, the debate still rages on: should retail and investment banking be separated, as Glass-Steagall required? The regulation requires large UK banking groups to separate their core retail banking services from their investment banking activities, in order to protect UK retail banking from shocks originating elsewhere.

Lending 110

Lending Retail Groups Maine 110

PYMNTS

JULY 24, 2018

the developer of facial recognition system Face++ , is reportedly raising at least $600 million from investors including Alibaba and Boyu Capital. Last year, the company raised $460 million in venture capital funding, led by a Chinese state-owned venture capital fund and the Russia- China Investment Fund. Megvii Inc.,

Capital 100

Capital National Groups Maine 100

PYMNTS

JANUARY 18, 2019

It’s not happening in huge leaps and bounds, but Rent the Runway is definitely chipping away at market share from traditional retail,” said Adheer Bahulkar, partner and specialty retail lead at consultancy A.T.

Retail 124

Retail Maine Capital Data 124

PYMNTS

OCTOBER 21, 2019

Retail chain Destination Maternity reportedly filed for bankruptcy on Monday (Oct. According to CNBC , the retailer is “buckling under the weight of an onerous debt load and struggling to compete with better capitalized competition.” Another one seems ready to bite the dust. The company owns 458 stores in the U.S.,

Trends 101

Trends Retail social media Online 101

PYMNTS

SEPTEMBER 20, 2019

The funding will be used to expand in Lookiero’s main markets of Spain, France and the U.K. This investment round provides us with the necessary capital to further increase the accuracy of our technology, which is really exciting.

Security 122

Security Branding Maine Online 122