PYMNTS

FEBRUARY 24, 2020

Another bankruptcy; another week of trying to sort out the problems at retail. simply has too many stores to support them all and the “retail apocalypse” is simply as natural as a snake shedding skin. The issue was raised by Horan Capital analyst David Templeton in his Monday (Feb. square feet of retail space for every consumer.

Retail 168

Retail Comparison Maine Online 168

PYMNTS

JULY 29, 2020

With a market value of $323 billion according data from cryptocurrency tracker CoinMarketCap , the crypto market is attracting a wealth of new, prominent investors and traders, according to Nairametrics. According to a PYMNTS report , Bitcoin hit $10,200 on July 26 after falling by more than $800 earlier in the year.

Marketing 151

Marketing Bitcoin cryptocurrency Ohio 151

PYMNTS

JANUARY 12, 2021

As reported , Walmart is working with Ribbit Capital to create an as-yet unnamed FinTech that would, the companies said on Monday (Jan. 11) “bring together Walmart’s retail knowledge and scale with Ribbit’s FinTech expertise to deliver tech-driven financial experiences tailored to Walmart’s customers and associates.”.

Capital 155

Capital Fintech Retail Tools 155

PYMNTS

JANUARY 11, 2017

Lynch, the onetime chief executive of Frederick’s of Hollywood, have joined forces to provide a new avenue for funding to retailers. According to a report by Bloomberg , the two are making the move to capitalize on an overhaul of shopping malls. It’s also aiming the funding at struggling retail chains.

Capital 100

Capital Lending Retail Industry 100

PYMNTS

MAY 22, 2020

Bad news hit the startup community this week as new analysis from CBInsights revealed a significant decline in venture capital (VC) funding in the first quarter of 2020. India-based Xtracap secured $1 million in angel funding, YourStory reported. There was a nearly 20 percent drop in the number of deals solidified in the quarter, too.

Capital 141

Capital Analytics Fintech Report 141

PYMNTS

DECEMBER 26, 2019

In what would be Thailand’s biggest initial public offering (IPO), Central Retail Corporation, the country’s largest retailer, is looking to raise up to 81.1 The company said that funds raised would be used to grow its international and domestic businesses as well as pay off debt, The New York Times reported.

Groups 131

Groups Retail New York Report 131

PYMNTS

AUGUST 3, 2020

DayTek Capital , an Australian challenger bank known for its prepaid “Infinity” card, has been granted a banking license by the country’s Securities and Investments Commission, a report from AltFi says. DayTek was just launched this year, in Queensland, according to the report.

Capital 154

Capital ATM Analytics Report 154

PYMNTS

DECEMBER 14, 2020

In today’s top retail news, Bed Bath & Beyond Inc. has entered into a definitive deal to sell Cost Plus World Market to Kingswood Capital Management, while Authentic Brands is reportedly in discussions with Arcadia Group and Debenhams. Bed Bath & Beyond Strikes Deal To Sell Cost Plus World Market.

Branding 131

Branding Groups Retail New York 131

PYMNTS

AUGUST 7, 2020

reported earnings this week with the expected decrease in revenue, but an optimistic look at reopening. Retail Properties of America ( RPAI ), which owns and operates 102 multi-retail sites, showed a net income drop from $44.4 percent of July rent, ahead of the collection pace for June, and reported an aggregate of 68.4

Retail 184

Retail America Operations Examples 184

PYMNTS

JUNE 18, 2020

reported that net sales plunged by 44.7 The company operates almost 1,000 retail stores under names like DSW Designer Shoe Warehouse and The Shoe Company. The retailer said it has put into place many procedures to safeguard the wellness and safety of shoppers as well as staff members as retail locations open again.

Branding 141

Branding Report Guidelines Retail 141

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

JUNE 10, 2020

As retail reopens and starts to spur some optimism for the future, a dark number appeared on the scene on Tuesday (June 10). Coresight released a report that says 25,000 retail storefronts will close by the end of the year. Alternative research and other market dynamics make such a scenario seem unlikely. percent of U.S.

Retail 131

Retail New York City Online Trends 131

Abrigo

DECEMBER 18, 2023

WATCH Takeaway 1 Banks and credit unions are critical sources of capital for businesses in their communities, so how institutions assess CRE credits matters. Takeaway 2 Advisors recommend that financial institutions look behind some of the headlines and examine their own markets before ruling out CRE altogether.

Risk Management 221

Risk Management Management Lending Capital 221

PYMNTS

MAY 11, 2020

As retailers, especially those marked non-essential, move to digital commerce platforms they’re also finding new ways to stay in touch with customers during the pandemic. As a result of the pandemic crisis it is urging its retail accounts to stay in touch with their customers via mobile, most specifically through SMS (short message service).

Retail 176

Retail Branding Mobile Analytics 176

Abrigo

APRIL 25, 2024

Recent data and trends of the small business lending market SMB Lending Insights is a snapshot of current financial trends and metrics that impact small and medium-sized business (SMB) lending and financial institutions. Almost half sought credit to grow their businesses, and 28% applied to make repairs or replace capital assets.

Lending 221

Lending Trends Capital Strategy 221

PYMNTS

MARCH 27, 2020

The divide between essential and non-essential retail grows bigger by the day as deep discounters and dollar stores continue to add stores, employees and revenue during the COVID-19 crisis. We’ve had pretty much 100 percent cancellation from all major retailers,” he said , naming Macy’s Inc., Nordstrom Inc., TJX Companies Inc.

Retail 130

Retail Capital Groups Community 130

PYMNTS

SEPTEMBER 22, 2020

The shift has been so dramatic that IRI , the go-to sales tracking resource for the CPG business, this week added two new reports to its roster specifically aimed at eCommerce sales. The new emphasis on digital has also led to more collaboration with retailers. The CPG business, perhaps more than any other category, is data-driven.

Company 140

Company Capital Resources Retail 140

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. The bank also reported that non-interest expenses increased 10 percent to $4.1 billion, a jump Capital One said was mainly due to a 65 percent increase in marketing expenses. billion, an increase of $5.8

Capital 156

Capital Cards Branding Conference 156

PYMNTS

NOVEMBER 3, 2020

These are the top stories in retail for Tuesday (Nov. Bloomberg reported this week that Boston-based home décor eCommerce giant Wayfair turned in strong third quarter financials, noting that the firm’s quarterly results “exceeded analysts’ estimates, suggesting the wave of home improvement inspired by the COVID-19 pandemic is lingering.”.

Company 131

Company Retail Boston Capital 131

PYMNTS

APRIL 29, 2019

Securities and Exchange Commission has appointed members to its newly-formed Small Business Capital Formation Advisory Committee as it works to support small business access to capital. The SEC’s new advocate for small business capital formation, Martha Legg Miller, and 15 other members are also a part of the team, reports said.

Capital 108

Capital Lending Regulation Report 108

PYMNTS

JULY 6, 2020

If your business touches retail in any way, it might pay to follow a few important breadcrumbs. Nike posted its lowest quarterly sales in two years, along with a $790 million quarterly loss, when it reported its Q1 2020 earnings in late June. It reportedly purchased this digital upstart — one with a reported (and very small) $3.9

Retail 259

Retail Meeting Branding Maine 259

Bank Innovation

APRIL 22, 2019

Neither video games nor dating nor shopping have a stronger pull, in terms of initial mobile app retention than financial apps, according to one report released by mobile app research firm Liftoff.

Mobile 186

Mobile Report Industry Video 186

PYMNTS

FEBRUARY 27, 2020

A surge cap in Chinese stocks, fueled by the stimulus package from the government to combat the virus-riddled economy, has brought about fears of a repeat of the 2015 market crash, according to Reuters on Wednesday (Feb. China has been working hard to inject funds into the economy, which has seen itself crippled as the coronavirus descended.

Marketing 146

Marketing Capital New York Taxes 146

PYMNTS

SEPTEMBER 5, 2019

Luxury retail is being revised — and in some cases, reinvented — and those trends are worth attention as the 2019 holiday shopping season approaches. Not only that, but the luxury online consignment retailer opened a brick-and-mortar store on New York City’s famed Madison Avenue. Indeed, in its recent U.S. has notched $300 million.

Retail 123

Retail New York New York City Philadelphia 123

PYMNTS

AUGUST 12, 2019

Among the ongoing trends in retail is the funding for online used car platforms, and the ongoing rise of eCommerce and digital payments in Latin America. The entire process is targeted at one hour and is free for consumers,” according to the report. Obviously, the used market lags in terms of the mix [by] about three to four years.

Trends 115

Trends Online Report America 115

PYMNTS

DECEMBER 14, 2020

The Wall Street Journal cited unnamed sources over the weekend as saying that Affirm decided to push its IPO off until at least January, apparently to let markets calm down and avoid the massive first-day “pops” Airbnb and DoorDash recently saw. Some market watchers attribute the gains to what’s called the “Robinhood Effect.”.

Marketing 161

Marketing Millennials Company Report 161

PYMNTS

JUNE 20, 2019

Assistants in the snack food chain’s stores will have the ability to see the food preferences of customers that decide to have their facial data in the systems of Bestore, Reuters reported. Now, it has begun to tap into other offerings from the eCommerce retailer for marketing.

Retail 100

Retail Data Groups Resources 100

PYMNTS

JULY 30, 2019

One of the biggest retail stories as we head into 2020 is how India is a battlefield of digital commerce, along with a hotbed of retail innovation. According to that report, Udaan has some 2 million buyers in 900 cities and towns across India, along with up to 35,000 wholesale buyers. The company was founded in 2016.

Retail 108

Retail social media eBook Report 108

PYMNTS

NOVEMBER 24, 2020

Retailers, in particular, are wary of adopting 2FA because of the frictions the method can present, and their fears are not without merit. More than two-thirds of marketers are still failing to capitalize on this outreach method, however, spotlighting a massive missed opportunity.

Online 272

Online Report Customer Experience Analytics 272

PYMNTS

JUNE 5, 2020

On a day where the Labor Department reported that the U.S. economy saw historic job gains , Bloomberg reported that several large companies have, in past months, come to market for funding through debt. On Friday (June 5), the markets cheered a startingly positive jobs report , showing gains of about 2.5

Marketing 131

Marketing Report Trends Strategy 131

PYMNTS

APRIL 28, 2020

As if closing stores, laying off workers and incurring mounting debt amid the coronavirus pandemic wasn’t bad enough, now retailers face another obstacle, Bloomberg News reported. Bloomberg found that credit insurers have been reluctant to offer new policies for stores as they monitor the markets. Macy’s has about $2.2

Policies 225

Policies Capital Retail Report 225

PYMNTS

NOVEMBER 22, 2019

With a less-than-anticipated decline, retail sales in Canada dropped in September for the first time in three months. Statistics Canada noted that retailers sold 0.1 percent drop, Bloomberg reported. With the exclusion of motor vehicles, retail sales rose 0.2 With the exclusion of motor vehicles, retail sales rose 0.2

Retail 101

Retail Survey Capital Report 101

PYMNTS

JUNE 24, 2020

Zopa , the United Kingdom-based peer-to-peer (P2P) lender, has reached its latest milestone and received its banking license as it takes on traditional banks, the Financial Times reported. “We In December, PYMNTS reported Zopa expected to receive £130 million ($1.67 Capital One was one of the earlier disrupters,” Janardana said.

Security 215

Security Capital Cards Report 215

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

DECEMBER 14, 2018

and China, analysts are finding a shift among global supply chains away from the Chinese market, to the benefit of markets that traditionally don’t see much trade volume. Reports in The Wall Street Journal on Thursday (Dec. With trade tensions continuing between the U.S. 13) said the U.S.-China

Marketing 115

Marketing US Trends Conference 115

PYMNTS

NOVEMBER 6, 2019

Ikea and Hennes & Mauritz ( H&M ) are putting money into technology startups as a way to help them sidestep retail disruption, the Financial Times (FT) reported Wednesday (Nov. Lately, the firm has also been putting money into venture capital investments. Partly, we need it now as our business is transforming.

Retail 103

Retail United States Capital US 103

PYMNTS

OCTOBER 5, 2020

continues to capitalize on growth opportunities. percent stake in the Swiss duty-free retailer Dufry , Bloomberg reported on Monday (Oct. Dufry and Alibaba are also forming a joint venture in China that will combine Alibaba’s digital capabilities with Dufry’s travel retail business in that market.

Retail 262

Retail Groups Capital Report 262