PYMNTS

SEPTEMBER 15, 2020

To that end, in China, retail data showed consumers snapped a seven-month streak decline. Retail sales posted their first gain amid the pandemic. All told, though, even with the positive reading last month, in China year to date, retail sales are down 8.6 Jobs, of course, pay the wages that underpin consumer spending.

Retail 171

Retail Lending United States Course 171

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. He noted that millennials have “grown up with the online world on their smartphones.” Some Exceptions to Automation.

Retail 181

Retail Analytics Millennials Online 181

PYMNTS

MARCH 6, 2019

If there’s one word that defines it all (what consumers and merchants want, and are pursuing in a world where omnichannel is a Holy Grail across brick-and-mortar and online activity), it would be “frictionless.”. Use cases span the gas pump, the retailer’s aisle, the kiosk and, of course, online. The Partnership Model.

Retail 148

Retail Payments Online Course 148

PYMNTS

JUNE 6, 2019

And that seems likely to create new opportunities for certain types of online merchants. By 2023, manufacturers and retailers will have to donate, reuse or recycle the goods” under a program that the French prime minister called the first of its kind from any national government. Amazon’s Role. Liquidation Trends.

Retail 146

Retail New York Online Trends 146

PYMNTS

FEBRUARY 3, 2020

Consumers are firing brick-and-mortar retailers from the jobs they held years and decades before. To get their shopping jobs done, consumers are now hiring retailers that make it convenient to do business – anywhere, anytime, through any channel and on their terms. When Buy Online, Pick Up In-Store Goes Horribly Wrong.

Retail 172

Retail Online Study Meeting 172

PYMNTS

JANUARY 24, 2019

24) — you could be on your way to owning a pallet’s worth of mostly overstocked items , products that included a mystery collection of grocery and drugstore items, a “truckload” of apparel and accessories, the total of which retail for $620,611. For at least $8,913 — that was the high bid as of Thursday afternoon (Jan. Investor Attention.

Online 128

Online Retail Course Policies 128

PYMNTS

AUGUST 28, 2019

So-called Generation Z is also driving much of the innovation when it comes to retail. To reach consumers on the hunt for offerings that are “clean and natural,” the retail chain rolled out its Everspring household brand. And six in 10 shoppers said it factored into their decision of where to transact, Retail Dive reported.

Retail 148

Retail Trends Millennials Survey 148

PYMNTS

MARCH 21, 2019

It might not have been inevitable, perhaps, but it was certainly expected: a regulatory backlash concerning the booming trade (both online and in brick-and-mortar stores) of eCigarettes , with their different flavors attractive to younger consumers — including underaged ones. Regulatory Trend. While the FDA decision shows that the U.S.,

Online 152

Online Retail Regulation Trends 152

PYMNTS

JANUARY 10, 2019

Stocks are up modestly to start the year, but based on Thursday’s trading action, the retail sector is escaping investors’ favor (to put it mildly), as company after company is bringing dismal news to light. That’s per a management statement released ahead of the Thursday trading session. And, en masse, the shares are getting slammed.

Retail 139

Retail Course Online Trends 139

PYMNTS

AUGUST 13, 2019

Not only is it a big time for retail but, in a sense, a kind of dress rehearsal for the upcoming all all-important holiday shopping season. Retail back-to-school spending for families will hit an average of $696.70 last year, according to the National Retail Federation , a trade group. this year, up from $684.79 Amazon Effort.

Retail 127

Retail Innovation Course Trends 127

PYMNTS

APRIL 26, 2017

A day in the life of a strategy officer involves a great deal of communication with and listening to the concerns and interests of industry analysts, media and customers (along with a healthy dose of strategizing, of course). PYMNTS: What does a day in the life of a chief strategy officer look like? SW: It’s never the same day twice.

Strategy 100

Strategy Retail Online Data 100

PYMNTS

SEPTEMBER 15, 2020

Retail spending may be helping to spur freight volumes, and to push already lofty pricing higher. That’s because consumer demand is picking up, but retail inventories are relatively low. Against that backdrop, spot markets, which comprise about 10 percent to 15 percent of volumes, have been tight. percent from last month and was 0.8

Retail 140

Retail Course Operations Report 140

PYMNTS

SEPTEMBER 15, 2020

Retail spending may be helping to spur freight volumes, and to push already lofty pricing higher. That’s because consumer demand is picking up, but retail inventories are relatively low. Against that backdrop, spot markets, which comprise about 10 percent to 15 percent of volumes, have been tight. percent from last month and was 0.8

Retail 140

Retail Course Operations Report 140

PYMNTS

JANUARY 11, 2019

But consolidation looms, according to some observers, and online food delivery services will eventually have to shift more focus away from consumers and toward restaurant operators in order to thrive in a crowded marketplace. It raised $250 million last year in a growth round co-led by Coatue Management and DST Global.

Online 176

Online San Francisco Capital Operations 176

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. One of the latest, ongoing trends is the rise of online luxury resale commerce. That’s not to say brick-and-mortar is doing well in all areas of the luxury retail world.

Retail 123

Retail New York New York City Philadelphia 123

PYMNTS

JANUARY 4, 2019

Stepping into this world is vital for anyone serious about preparing a proper defense against online fraudsters in 2019. The 2018 holiday season has barely ended and it’s a good bet that retailers and payments players have yet to identify all the fraud that took place. Sure, that’s almost a cliché — know thy enemy. Criminal Rings.

Fraud 190

Fraud Online How To Course 190

PYMNTS

MAY 29, 2020

Both Walmart and Amazon made some big add-ons and/or acquisitions this week as they attempt to widen their sphere of retail influence in a post-pandemic world. Now more than ever, consumers are looking for ways to manage their money for less while saving as much as they can. eCommerce business, told CNBC. “We

Retail 131

Retail Capital Online Video 131

PYMNTS

SEPTEMBER 9, 2020

Caught somewhere in the middle is a category that has had a tough run this lost summer of 2020: bridal retailers. A minimony , as the name suggests, is hardly as lucrative as its bigger cousin, matrimony – and that difference has taken a bite out of bridal retail. Smaller retailers are focused on safety as well as agility.

Retail 134

Retail Los Angeles Guidelines Video 134

PYMNTS

JUNE 21, 2019

Retailers, too, have higher education on their minds. College is also a notable location for the rise of other retail innovation — including technology that is changing the QSR word, mobile order-ahead. Another hot retail trend that is also being honed on campuses is subscription retail. Mobile Innovation.

Retail 100

Retail Innovation Mobile Course 100

PYMNTS

MAY 7, 2019

Walmart is the latest example of the power of pets in retail — a power that is having significant influence among various merchants competing for the loyalty and dollars of pet owners. As well, if done well, pet retail can serve to increase foot traffic into bricks-and-mortar stores at a time when it is dearly needed.

Retail 116

Retail Fort Worth Online Dallas 116

PYMNTS

NOVEMBER 4, 2020

Greg Portell, lead partner in the global consumer practice of Kearney, a strategy and management consulting firm, told CNBC that the extended wait for final election results “will absolutely pause consumer spending.”. Consumers have been on a great run of spending coming out of the lockdowns,” Portell told the business news cable network.

Arizona 218

Arizona Pennsylvania Georgia Survey 218

FICO

FEBRUARY 12, 2018

For all the talk in the UK about disruptors and fintechs and new entrants to the credit market, and about how banks and card issuers need to manage customers in arrears, there’s one group that seems strangely absent from this focus: retailers. It is estimated over £200 billion of UK household debt is in unsecured retail credit.

Retail 63

Retail Management Analytics Compliance 63

PYMNTS

SEPTEMBER 27, 2019

Here’s a rule of thumb in brick and mortar retail: Out of stock, out of a sale. In retail, robots are making inroads bit by bit. It was retail that percolated to the top,” he said. Call it real-time capture of a retailer’s “state of shelf.”. One way to take stock of what’s in stock? Get ready for the rise of the robots.

Retail 120

Retail Course Data Pennsylvania 120

PYMNTS

OCTOBER 19, 2018

In the webinar, entitled “ 5 Ways Fraudsters Fake IDs — And How Your Face Can Stop Them ,” Trilli not only offered an up-to-date primer on the latest criminal techniques to steal online data and identities, but gave practical and hopeful advice on how to prevent much of that fraud, even as the people behind it keep raising their game.

Fraud 189

Fraud Online social media Software 189

PYMNTS

JANUARY 29, 2019

For payments and commerce , there’s another uncertainty that hangs in the air: Will legal online sports betting keep going forward, despite a recent decision by the U.S. Those were the main topics in a new PYMNTS interview, featuring Karen Webster and Zac Cohen, general manager at Trulioo , a global identity verification service.

Online 169

Online Las Vegas New Jersey Fraud 169

PYMNTS

JULY 15, 2020

Mari Anne Bayliss , senior director of solution management at CyberSource , told Karen Webster that simply relying on machine learning as a weapon against fraud is not enough — not in an age where managing fraud risk during the great digital shift (and unprecedented transaction volumes) is so challenging. . Lying In Wait .

Fraud 250

Fraud Course Online Data 250

PYMNTS

JANUARY 3, 2020

The ground zero, of course, was Wayfair , the 2018 case in which the Supreme Court ruled online retailers could be mandated to collect sales tax — and taxes could be levied by states on firms that do not have physical presence in those states. She noted the hurdles of complexity are not just contained within the United States.

Online 132

Online Taxes Compliance Missouri 132

PYMNTS

AUGUST 7, 2020

While the barriers to reaching an international consumer base are low thanks to innovations in eCommerce, online retailers and merchants still struggle to provide their global consumers with the same payments experience their domestic ones have. Providing Payer Certainty. “Consumers want that kind of clarity and certainty.”

Policies 302

Policies Online Retail Payments 302

CB Insights

FEBRUARY 13, 2020

As businesses and consumers become more comfortable using credit cards online, the proportion of US commerce that takes place online has steadily increased over the last 20 years. Specifically, the Collisons aimed to more seamlessly connect online businesses and payment processors, allowing more businesses to accept online payments.

Online 98

Online Company Retail Payments 98

PYMNTS

AUGUST 16, 2017

There are rarely second acts in retail — particularly once bankruptcy is in play — but, every so often, the unexpected happens. Last week, footwear retail company Payless ShoeSource was one of those unexpected stories, a company pulled into the bankruptcy whirlpool but getting plucked out before being sucked all the way down to the bottom.

Retail 153

Retail Kansas America Branding 153

PYMNTS

NOVEMBER 10, 2017

Sure, eCommerce takes away a lot of the hassle, but sometimes you need that last-minute pair of sunglasses or gloves, and ordering them online just isn’t an option. cities can stop by one of the retailer’s airport or mall kiosks to pick up a lightweight down jacket or heat-retaining shirt. If only shopping weren’t so … shoppy.

Retail 145

Retail Technology Apple Mobile 145

PYMNTS

AUGUST 27, 2018

It’s a good time to be a retail chain. Retail Ascent. Retail is on the ascent. In July, retail sales increased 0.5 Economists had only forecasted retail sales going up 0.1 percent, online and mail-order retail sales increased 0.8 Retailer Woes. Yeah, really. percent, and grew 6.4

Retail 100

Retail Los Angeles Milwaukee Chicago 100

PYMNTS

MAY 8, 2020

The first quarter of 2020 should have been business as usual — especially for the payments processors and financial services technology companies — the firms that keep commerce humming across offline and online channels. The coronavirus upended, well, everything, of course. Setting The Stage.

Report 245

Report Online New Jersey Conference 245

PYMNTS

APRIL 13, 2018

It was a record-breaking first quarter for retailers in the U.S. According to a report issued by Moody’s earlier this week, the retail sector managed to notch a record number of defaults during Q1 2013, with nine retailers defaulting on their debt. corporate borrowers has increased to 3.9 percent, compared with 3.4

Retail 116

Retail Course Washington Marketing 116

PYMNTS

AUGUST 5, 2020

The great digital shift, along with the pandemic, has brought all manner of activities into the virtual realm — most notably, of course, commerce itself. Consumers, he said can buy bitcoin today through its back-end partners that manage digital wallets for the consumer. The Brick-And-Mortar Component.

Bitcoin 339

Bitcoin Course Cards Payments 339

PYMNTS

JUNE 13, 2016

There once was a time when recurring charges for a regular retail purchase were only copacetic in consumers’ eyes as a way to pay down a big-ticket item over time or the accepted retainer for high-priced fashion and design consultants. Now, however, the subscription model for retail is as normal as the one-off transaction.

Retail 100

Retail Mobile Apple Policies 100

PYMNTS

NOVEMBER 23, 2020

To say the least, the retail industry finds itself in the middle of a tricky holiday season. According to the survey, a large swath of those early shoppers were parents of children under 18 years of age, 44 percent of whom had managed to wrap up their holiday shopping before outfitting their kids in Halloween costumes this year.

Retail 248

Retail Online Survey Course 248