PYMNTS

MARCH 6, 2020

That’s the case with the new employment report from the Bureau of Labor Statistics, which showed that retail jobs held steady between January and February. Manufacturing, mining, wholesale and retail trade, and transportation and warehousing saw little change in employment for the month, the BLS said. Sometimes no news is good news.

Retail 150

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PYMNTS

MAY 11, 2020

Speaking at a virtual conference about the future of money, European Central Bank (ECB) executive board member Yves Mersch said a retail central bank digital currency (CBDC) is a game-changer. “A However, a retail CBDC, accessible to all, would be a game-changer, so a retail CBDC is now our main focus.”.

Retail 130

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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. Stores As Social Centers.

Community 269

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PYMNTS

APRIL 29, 2020

New developments are focusing on supply chain, government activity and infrastructure to improve the customer experience as post-pandemic retail finds its legs. Retailers that sign up for the new program will receive discounts of up to 40 percent on FedEx Ground and 50 percent on FedEx Express services.

Retail 154

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PYMNTS

JANUARY 20, 2020

After investing in over 800 firms, Chinese tech company Tencent Holdings said it would bolster its international investments and in industries like “smart retail.” However, with the development of Tencent’s WeChat mini-app ecosystem and payment platform, we will pay more attention to smart retail and payment platforms in future.”.

Retail 131

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PYMNTS

APRIL 9, 2020

It seems like a year ago, but it was actually only March 8 when discount retailer Burlington announced that it was abandoning its admittedly watered-down eCommerce offering. On one hand, the best way to get people in stores and avoid the fate of other brick-and-mortar retailers was to make online sales the only option.

Retail 164

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PYMNTS

MARCH 27, 2020

You’ve seen that principle at work on days when markets plunged 10 percent. Guidance matters, in other words, and gauging how companies and their stocks are, and will, fare comes in part by mulling the guidance given on quarterly conference calls, in earnings reports, in Securities and Exchange Commission (SEC) filings and at conferences.

Retail 131

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PYMNTS

MAY 29, 2018

American retailers are heading east: They’re opening the doors to brick-and-mortar stores in China, while listing on China’s dueling marketplaces — Tencent and JD.com. Walmart , for example, brought a small-format supermarket to the city of Shenzhen as the popularity of “small retail” grows in China. Ralph Lauren.

Branding 101

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PYMNTS

FEBRUARY 27, 2019

million fine against Mastercard for its swipe fees, which regulators said drove up prices for retailers and consumers, and hampered competition. Now, European retail groups want that to change. Reports in PaymentsCompliance noted dissatisfaction among retail communities in the U.K.

Cards 176

Cards Retail Regulation Payments 176

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

AUGUST 23, 2019

For a glimpse at how innovation is playing out in the retail world, it always helps to take a look at recent developments in the world of quick-service restaurants, or QSRs. Digital technology and delivery helped to fuel that growth, according to company officials on the post-earnings conference call with analysts and investors.

Innovation 124

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Jeff For Banks

FEBRUARY 15, 2020

How many consultants go to banking conferences and attend the sessions? As a bank consultant, I attend many conferences. Many, many conferences. Or pulling up to conference venues thinking. So was the case at the ABA Conference for Community Bankers. At least one! So many that I wake up in hotels wondering.

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PYMNTS

DECEMBER 26, 2018

Months after Toy R Us sought to liquidate its holdings in the United States, merchants have taken up space left behind by the toy retailer. Green Street Advisors, a real estate research firm, wrote in a note, “Many Toys R Us leases have significant remaining term at rents that are well below market.”.

US 110

US Retail Maryland United States 110

Current

SEPTEMBER 21, 2020

We’re excited to announce the launch of our newsletter, The Current Wave, where we’ll be sharing everything from all that’s new at Current to industry insights from Current CEO Stuart Sopp, to discussing impacts on the economy and global markets. Digital financial conferences are back and featuring Current!

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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

PYMNTS

FEBRUARY 14, 2020

We have deep dives into unattended retail, rapid settlements and cybersecurity, as well as news on Mastercard receiving the go-ahead from China’s central bank to set up a bank clearing business. Mastercard Gets Nod To Join China’s $27T Payments Market. a share with a market cap of $14.6 As of Friday (Feb. Sound familiar?

Retail 141

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PYMNTS

MAY 2, 2019

It almost served as a milestone for meal kit retail earlier this week when, on Tuesday (April 30), Blue Apron said that, on an adjusted EBITA basis, it achieved probability “of $8.6 Indeed, meal kit retailers continue to seek out a firmer footing by trying new things. Market Landscape. food market. New Strategies.

Retail 108

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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. Steve Madden is one retailer that publicly announced its efforts to move its supply chain operations out of China. 13) said the U.S.-China

Marketing 115

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PYMNTS

MAY 24, 2019

Brick-and-mortar retailers are joining forces with Amazon in moves that could help bring shoppers into their stores: Stein Mart , for instance, announced this week that it plans to roll out Amazon Hub Lockers at stores in 28 states. Ascena Retail Group is planning to shutter approximately 650 Dressbarn locations. From Next in the U.K.

Retail 123

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PYMNTS

JANUARY 6, 2017

Koupon is a mobile offer platform and redemption network, powering offers for over 43,000 retailers and the world’s largest CPG brands. Its reach, patented offer delivery and security technology, Koupon helps brands and retailers drive sales by targeting consumers and delivering offers when consumers are ready to buy.

Retail 109

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PYMNTS

OCTOBER 30, 2018

It was only about two months ago — August, in fact — when the prediction came out: Amazon , the eCommerce operator that had recently made moves into healthcare, deepened its power in grocery and continued to grow in other parts of retail (and cloud computing), would hit $2.25 trillion in market capitalization by 2024. billion and $72.5

Marketing 130

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PYMNTS

JUNE 27, 2016

By now, it’s a well-accepted fact that brick-and-mortar retailers will do just about anything to turn uncommitted buyers both online and on the sidewalk into in-store conversions. As Rogers told Advertising Age , though, sometimes retailers don’t have a choice when it comes to driving in-store traffic at any cost.

Retail 102

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PYMNTS

JUNE 2, 2018

The phrase is also a familiar refrain in retail — sung by retailers when disappointing results come at the same time as a streak of unusual and unseasonable (aka lousy) weather. In Q1 of 2018, the cooler than usual spring/summer contributed to retailers posting less than stellar sales. divisions, and nineteen regions.

Retail 101

Retail Washington Regional Report 101

PYMNTS

OCTOBER 12, 2018

Brick-and-mortar retailers have closed flagship locations in recent times, but sometimes these landmark stores make a comeback. The new store, which will be located at 30 Rockefeller Plaza, will feature multiple experiential retail components. The store will also offer magic shows and a grocery shopping experience designed for kids.

Retail 116

Retail New York City San Francisco New York 116

PYMNTS

MAY 2, 2018

Retailers and retail landlords are reporting strong first-quarter earnings results, beating analysts’ expectations in many cases. Management noted on the conference call with analysts following the earnings report that there was a “positive comp gap” between the company and quick-service restaurant peers of as much as 270 basis points.

Retail 101

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PYMNTS

MARCH 8, 2019

Retailers are bringing omnichannel experiences to consumers by bridging the worlds of online and brick-and-mortar commerce through offerings such as buy-online-pickup-in-store (BOPIS). Following that trend, Fast fashion apparel retailer rue21 recently announced it plans to bring the offering to more than 700 stores.

Retail 116

Retail Dallas United States Online 116

PYMNTS

SEPTEMBER 20, 2019

Retailers are testing drone delivery to grow their omnichannel offerings and provide “store to door” on-demand service to their customers. Christiansburg was chosen as the test market because Wing has been working with Virginia Tech in nearby Blacksburg to pilot the drone deliveries. Walgreens Boots Alliance, Inc.

Retail 112

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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. In terms of Walmart’s other efforts, the retailer is also focusing on features such as grocery pickup.

Retail 100

Retail St. Louis San Diego Los Angeles 100

PYMNTS

MARCH 19, 2019

The Global Wellness Institute found that the market for those kinds of offerings was value at $4.2 Chief Revenue Officer Kimberly Kreuzberger said, according to the outlet, “We’re marketing to a very actionable consumer because they’re a shopper.”. At the same time, major brands have backed integrations taking place during conferences.

Los Angeles 116

Los Angeles Marketing San Francisco New York City 116

Celent Banking

JUNE 5, 2015

A highlight of my year is the Boulder Summer Conference on Consumer Financial Decision Making put on by the Leeds Business School’s Center for Research on Consumer Financial Decision Making. An event geared towards academics, its rigor is a refreshing complement to the work that I see from market practitioners at traditional industry shows.

Conference 100

Conference Taxes User Experience Nebraska 100

PYMNTS

JANUARY 30, 2020

The gap in the market, she believed, was between finding a product – via skincare articles, blog posts or influencers – and knowing whether or not they should spend the money to try it out. Members have access to one-on-one video conferences with an esthetician to help them develop a personalized skincare routine and plan of attack.

Marketing 131

Marketing Video Branding New York 131

PYMNTS

JULY 21, 2017

So started Affirm’s Co-Founder and CEO Max Levchin ’s remarks at his firm’s first-ever AFFIRMation conference for its retail partners in San Francisco yesterday. “Finance is pretty broken.”. Levchin, by his own description, has spent his career in financial services and founding companies — “some of which succeeded, some didn’t.”

Retail 111

Retail San Francisco Cards Conference 111

PYMNTS

AUGUST 7, 2018

billion market to a $5 billion market by the end of 2017, as independent startups entered the business only to find supermarket chains and big box stores entering the mix. For example, retailers that get customers to pick up goods inside a store have the opportunity to get them to buy more products when they come to pick up orders.

Retail 101

Retail Company Strategy Branding 101

PYMNTS

APRIL 26, 2017

In an increasingly complex consumer landscape, creating a coherent retail strategy requires synthesizing hundreds of data points on industry, consumer and competitor trends. Other days, I spend looking at partners that, when combined with our services, could add something to the retail ecosystem that the world doesn’t even know it needs yet.

Strategy 100

Strategy Retail Online Data 100

PYMNTS

FEBRUARY 4, 2020

Retail, said per the announcement, “We recognize that the way people shop is changing, and with the launch of Staples Connect, we are adapting to fit the needs of our customers.” The store also houses the Staples Studio coworking concept that the retailer has been launching in some Massachusetts locations, as well as three Canadian locations.

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Puerto Rico Virgin Islands Massachusetts Boston 151

Abrigo

AUGUST 26, 2019

This combination of technology and human interaction, how community financial institutions are using them and other efforts to achieve client satisfaction, will be the focus of a panel discussion next month at the 2019 ThinkBIG Conference in Orlando, Florida. Is the ThinkBIG Conference Right for My Financial Institution? Credit Risk.

Conference 150

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PYMNTS

FEBRUARY 28, 2020

Someday this will be a marketing case study. What we don’t know is whether or not the retailers that will sell this — or any product for that matter — will be hit domestically by fear of being in public places. Apparently Constellation Brands will continue with its Corona marketing campaign as planned.

Case Study 211

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