PYMNTS

SEPTEMBER 9, 2020

It soon will be time for eBay 's payments management system to learn to say "merci," "grazie" and "gracias.". The San Jose, California-based online retail giant said in a news release on Wednesday (Sept. 9) that in the first quarter of 2021, it will begin offering payments management in France, Italy and Spain.

Management 199

Management San Jose Payments California 199

PYMNTS

JUNE 8, 2018

After news surfaced in May that Golden Gate Capital was considering a merger of Eddie Bauer and Pacific Sunwear of California , the private equity firm has created a new operating company comprised of the two retailers. Both brands have made great progress in the past 24 months and have generated strong performance.

Operations 100

Operations Company California Branding 100

PYMNTS

OCTOBER 14, 2020

Spend management was the focus of innovation in the commercial card space this week thanks to partnerships and investments in firms aiming to help companies keep track of expenses. Monitoring fuel purchases through both cost and location is a valuable tool for fleet managers to prevent fraud and protect margins.”. million. “The

Management 238

Management Cards Innovation Fraud 238

PYMNTS

MAY 5, 2020

Retail reopening events continued to draw light foot traffic on Monday, as Florida joined Texas in allowing non-essential stores to reopen. percent of consumers shop for retail goods online more often than they did on March 6, the first day of our study, and that continues to climb — up 10.5 percent from 35.5

Florida 205

Florida Retail Tampa Customer Experience 205

PYMNTS

JANUARY 25, 2021

The National Retail Federation ’s annual convention may have come and gone but the sentiments, strategies and lessons learned from facing nearly a year of pandemic-led changes by some of the world’s largest merchants are going nowhere fast — especially when it comes to their embrace of increased digitalization. We’re not a data company.

Community 269

Community Retail Strategy National 269

PYMNTS

AUGUST 10, 2020

Commercial landlords were greeted with some good news in July as rent collections for retail properties increased by double digits compared to May and June, GlobeSt.com reported. A survey by Datex Property Solutions, the California-based real estate portfolio management company, revealed that retail rent collections were 68.8

Retail 195

Retail Survey California Operations 195

PYMNTS

JANUARY 27, 2021

For the companies themselves, the top line growth underpinned by recurring revenues has been significant. Founded in 2016 in Gothenburg, Sweden, Minna enables customers to manage subscription services via their bank’s app. Subscription management is part of that. Embracing The Subscription .

Management 181

Management Technology Cards Retail 181

PYMNTS

MARCH 27, 2020

The company also made radical shifts to its business model. In these worst of times, companies could learn a lot from Shift’s approach of exercising empathy toward their teams and embracing the reality of a changing business model. Usually, Shift sells cars in two ways.

Online 131

Online Company Management Exercises 131

PYMNTS

FEBRUARY 1, 2021

Mall owner Simon Property Group has formed a “blank check” company to go on the hunt for “a company or assets with significant growth potential and prospects.” The company added, in a press release , that it has filed for an initial public offering (IPO) with the goal of raising $300 million for the new entity.

Groups 139

Groups Company Indianapolis Exercises 139

PYMNTS

MAY 4, 2020

He will be tasked with developing strategy, direction and comprehensive success of Mastercard’s operations across 53 countries in Europe. Mastercard’s European businesses cater to more than 950 million people via business partnerships with retailers, financial institutions (FIs) and other companies.

Operations 141

Operations Regulation Regional Retail 141

PYMNTS

DECEMBER 27, 2020

Holiday sales rose this year compared to last but failed to meet many analysts’ expectations and were especially disappointing for brick-and-mortar operators, according to a variety of data sources. The National Retail Federation had forecast an increase for the season, year over year, of between 3.6 percent from Nov. percent and 5.2

Retail 184

Retail US Data Analytics 184

PYMNTS

JUNE 3, 2019

Online retail has had a tremendous impact on logistics, further evidence of which emerged on Monday (June 3). and other retailers to fulfill orders from online shoppers.” That company stands as the “second largest owner of U.S. It’s not only a race for space when it comes to warehouse and logistical needs by eCommerce operators.

Retail 198

Retail Online Groups America 198

PYMNTS

MARCH 20, 2019

Square has two new offerings: the revamped Square Online Store and Square For Retail, introduced in an announcement by the company on Wednesday (March 20). With the new Square Online Store, we’re excited to integrate Weebly technology and bring the Square omnichannel experience to everything from retail businesses to restaurants.”.

Retail 196

Retail Online St. Louis Tools 196

PYMNTS

JULY 19, 2019

Iconic brick-and-mortar retailers are sometimes reinvented, and return to the world of retail with smaller-format concepts. Tru Kids has entered into a joint venture with the software-powered experiential retailer b8ta to offer a new store experience with curated toys in “highly immersive, smaller-format spaces.”.

Retail 150

Retail US New York United States 150

PYMNTS

MARCH 31, 2020

High-level market intelligence about the $18 billion expected to be invested over the next three years is a major focus of the March 2020 Automated Retail Tracker™ from PYMNTS , which serves as a bimonthly breakdown of developments in this rapidly growing business sector. Amazon Go’ Cashless. And Amazon and 7-Eleven aren’t alone.

Retail 140

Retail Texas Illinois Seattle 140

PYMNTS

FEBRUARY 7, 2020

The rise of eCommerce has been an inexorable one, and the retail landscape has shifted for retailers. In a statement earlier in the week, Macy’s CEO Jeff Gennette said there is a “clear vision” moving forward, as Macy’s seeks to “fit into retail today.” The company also says subscriber churn has increased to more than 2 percent.

Retail 143

Retail New York Analytics Apple 143

PYMNTS

AUGUST 9, 2019

In an interview with PYMNTS, Tim Moran, senior vice president of product and marketing at Worldnet , told PYMNTS that the age of automated retail is dawning — but there is no one-size-fits-all approach. The tech savvy consumer, he told PYMNTS, expects choice and autonomy in a retail setting. Some Exceptions to Automation.

Retail 181

Retail Analytics Millennials Online 181

Insights on Business

NOVEMBER 29, 2018

Operational innovation is vital in a highly competitive financial services sector, with a new community of digital banks and other firms vying for market share. Drivers for Operational Innovation. Ongoing conversations between IBM and CFOs over the years have identified key activities that can help progress operational efficiency.

Operations 138

Operations Innovation Management Risk Management 138

PYMNTS

MARCH 30, 2020

retail picture is bleak in this time of COVID-19. The Confederation of British Industry (CBI) said on Thursday (March 26) that its monthly survey of retailers showed the weakest outlook since April 2009. The CBI says retail sales volumes will fall sharply to April, with retailers more pessimistic than at any time since April 2009.

Retail 141

Retail Survey Branding Online 141

Perficient

DECEMBER 30, 2020

Other companies who were late to creating digital customer experiences suffered as people stayed away from traditional stores and shopped online. But even the best companies struggled to keep customer satisfaction levels high during 2020. The largest online retailer – Amazon – had a 7% decline in satisfaction.

Online 421

Online Study Branding Customer Experience 421

PYMNTS

JULY 24, 2020

When Indochino launched in 2007, the company wasn’t out to create a new template for the entire retail sector, just a better product with better prices and a better buying experience. We don’t require dozens of people at our store to have an operating four-wall showroom,” CEO Drew Green told Karen Webster in a recent conversation.

Retail 225

Retail Training Customer Experience System 225

PYMNTS

AUGUST 7, 2018

Companies that were considered among the top-performing players in the market eventually had to rethink their entire distribution strategy – they were very good at attracting customers, but maintaining loyalty from those early adopters was a far bigger challenge. The number of orders also fell to 3.1 million during the first quarter.

Retail 101

Retail Company Strategy Branding 101

PYMNTS

JUNE 23, 2020

Amid Wall Street’s gyrations and the search for the next great tech unicorn: Blank checks for blank check companies? On Monday (June 22), CNBC reported that famed investor Bill Ackman is seeking to raise $3 billion for an initial public offering (IPO) of his blank check company. filed for an IPO for $414 million, with 41.4

Company 130

Company New York Operations Course 130

PYMNTS

SEPTEMBER 13, 2017

When the going gets tough, the tough restructure their retail operations in an attempt to better facilitate change. Consolidation is coming to Walmart starting today, when six retail business units will be contracted down to four, according to a recent news release. Well, they do if they’re Walmart anyway.

Operations 139

Operations Regional Leadership Retail 139

PYMNTS

AUGUST 26, 2019

Other grocery companies, meanwhile, have sought to meet demands for accelerated delivery by making use of fulfillment centers equipped with artificial intelligence tools and robotics for fast order preparation. Around the Automated Retail Wo rld. McDonald ’s recently began testing robots capable of operating its fryers.

Retail 139

Retail Trends Meeting Tools 139

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. Eric Forry, vice president of finance at U.S.-based

Retail 223

Retail Tools Fraud Management 223

PYMNTS

NOVEMBER 9, 2020

The mall and outlet center real estate investment trust managed to post a profit despite a 91 percent occupancy rate and collecting on only 85 percent of its rents. Simon addressed several issues on the company’s earnings call from tax relief to the pandemic to its joint venture with Brookfield Properties to take over operations at JCPenney.

Trends 169

Trends Retail Taxes Louisiana 169

Bobsguide

AUGUST 7, 2022

London, UK – August 3, 2022 – Finastra announced today that The Co-operative Bank has selected Finastra Kondor in the cloud, available via Microsoft Azure, to upgrade its treasury infrastructure and automate manual reporting and processes. EMEA PR Manager. For more information about the solution, click here. T +44 (0)7552 865009.

Operations 68

Operations Strategy Innovation Policies 68

PYMNTS

APRIL 10, 2019

From CVS to T-Mobile , retailers and technology providers are catering to the trend of contactless payment acceptance with new solutions and methods of handling cards from customers. While the pharmacy retailer had slowly brought the functionality to its brick-and-mortar stores, the rollout was subsequently publicized.

Retail 259

Retail Payments Mobile Apple 259

PYMNTS

JANUARY 19, 2021

In today’s top retail news, Bed Bath & Beyond said it has finished its sale of Cost Plus World Market (CPWM) to a private equity firm, while Starbucks will help Washington state with the distribution of coronavirus vaccines. billion offer from Staples to buy the company outright, but says it is open to other possibilities.

Washington 141

Washington Retail Marketing Operations 141

PYMNTS

AUGUST 28, 2020

We have deep dives on retail’s digital D2C shift, blank-check companies, and DoorDash’s IPO plans. Like other delivery companies, DoorDash has become an essential business during COVID-19. New Report: Helping Retail Treasurers Navigate The Digital D2C Shift (“How To” Playbook). DoorDash Moves Ahead With Q4 IPO Plans.

Retail 208

Retail Los Angeles San Francisco Online 208

PYMNTS

APRIL 1, 2020

With social distancing currently a top priority of retailers in the current environment, a supplier of shopper engagement and loss prevention technologies has flipped the script, now making devices that heighten real-time awareness of social distancing in retail stores. That’s our domain.

Retail 132

Retail San Francisco Security Technology 132

PYMNTS

JANUARY 12, 2021

Verizon , Verizon’s Skyward unit and UPS Flight Forward are teaming up to provide drone delivery for retail products using Verizon’s 4G LTE and 5G networks. The companies began testing the drones last year in Florida using Verizon’s 4G network and now plan to test them on Verizon’s new 5G Ultra Wideband network. “We

Retail 179

Retail Florida Technology Company 179

PYMNTS

JUNE 18, 2020

This week’s 17 percent bounce for retail sales was a welcome bit of good news. But instead of tripling down on digital the company is splitting its bets between eCommerce and off-price brick-and-mortar with the Overtime With Dick’s Sporting Goods outlet model. But there’s also a lesson here for retailers that want to embrace it.

Retail 131

Retail Branding Management Trends 131

PYMNTS

AUGUST 31, 2020

Securities and Exchange Commission (SEC), the San Francisco-based company announced Monday (Aug. The company submitted a draft registration statement. The company did not provide financial details or reveal how many shares it would sell or at what price. 31) in a press release.

Company 177

Company San Francisco New York Google 177

PYMNTS

MAY 8, 2020

The funds will be managed by Ron Bloom, managing partner and vice chairman of Brookfield’s private equity arm, who said the focus would be on helping small businesses get back on their feet. “We Brookfield has been moving in on mall-centric retail for some time, acquiring all of the stake for U.S.

Las Vegas 141

Las Vegas Retail Illinois Groups 141

PYMNTS

SEPTEMBER 24, 2020

Retail sales have seen very modest year-over-year gains since June, but many brick-and-mortar operations continue to suffer amid the pandemic. PJ SOLOMON , the New York global investment financial services company, and the National Retail Federation (NRF), the world’s largest retail trade association, announced on Thursday (Sept.

Retail 111

Retail Survey New York California 111