PYMNTS

SEPTEMBER 17, 2020

Four consecutive months into positive consumer spending trends, one wonders if there might be — indeed must be — a lull, a pullback that might indicate a tougher road ahead for retailers headed into the all-important holiday spending season. Census Bureau reported that retail sales in August were up 60 basis points over July.

Retail 240

Retail Data National Trends 240

PYMNTS

AUGUST 7, 2020

For retailers, it’s better to be hot in 2020 than top. The National Retail Federation (NRF) said on its blog this week that the Hot 100 Retailers, while vulnerable to mergers and acquisitions, as a group is more stable than the Top 100 Retailers ranking, as stores are impacted by the unpredictability of COVID-19.

Retail 144

Retail Groups Washington National 144

PYMNTS

JANUARY 9, 2017

On this year’s National Returns Day — January 5, 2017 — more than 1.3 million packages were shipped back to retailers, with a total of 5.8 That’s up nearly 30 percent from 1 million packages on last year’s National Returns Day. For online retailers, it’s not unusual to see return rates of 30–40 percent.

National 100

National Data Retail Online 100

PYMNTS

MAY 16, 2019

Death, taxes and data breaches – those are perhaps the only sure things in life, and new evidence is emerging that hackers are finding increasing profit in targeting online retailers. The news comes amid yet another online retail cyberattack, this one targeting Japan’s Fast Retailing, the company that owns the Uniqlo retail chain.

Retail 218

Retail Online Cards Data 218

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.

Community 269

Community Retail Strategy National 269

PYMNTS

JANUARY 9, 2020

And in unattended retail, Stockwell ’s new name sparked a turnaround for the firm. Its future is now about building scale and creating a national presence for its vending cupboards. All this, Today in Data. Data: 2017: The year Stockwell launched. 9,300: Number of stores that shuttered in 2019, per Coresight data.

Los Angeles 130

Los Angeles Retail San Francisco Houston 130

PYMNTS

SEPTEMBER 15, 2020

A positive data point, indeed — but perhaps not much more than that. 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

Retail 171

Retail Lending United States Course 171

PYMNTS

DECEMBER 28, 2020

In today’s top retail news, FedEx Corp. The service connects more than 100 brands and retailers to shoppers. Save A Lot Sells 51 Retail Locations To Fresh Encounter. Save A Lot, the discount grocery retailer, revealed the sale of 51 stores operated by the firm in the Tampa, Florida market to Fresh Encounter.

Tampa 188

Tampa Retail Florida Branding 188

PYMNTS

MARCH 29, 2020

The World Health Organization ( WHO ) is working with blockchain and other tech companies on a program to help convey data about the ongoing COVID-19 pandemic, which it is calling MiPasa. Described by creators as “an information highway,” MiPasa cross-references siloed location data with health information.

Bitcoin 179

Bitcoin blockchain Retail Data 179

PYMNTS

DECEMBER 9, 2020

In today’s top news, cybersecurity firm FireEye announced that it had been hacked by a suspected nation-state, and PayPal’s iZettle added QR code payments to its POS app in the U.K. Cybersecurity Firm FireEye Hacked By Suspected Nation-State. The fraudsters were also allegedly after data from FireEye’s government agency clients.

National 204

National Payments Tools Resources 204

PYMNTS

JANUARY 21, 2020

And nowhere is that aphorism better illustrated over the last decade than with the statistic that more than 90 percent of all retail sales took place at brick and mortar stores. It gave retailers the illusion that digital was the retail cart driven by the physical store horse. The answer, she noted, is complex.

Retail 168

Retail Innovation Data New York 168

PYMNTS

SEPTEMBER 21, 2020

For retailers, the fourth quarter of 2020 is likely to see a media blitz that will make other years pale in comparison. Unspent budget from big box retailers will be let loose as early as Oct. There are many critical aspects to SMB retail media strategy but two stand out this year: when to advertise and where to advertise.

Retail 169

Retail social media Marketing Branding 169

PYMNTS

OCTOBER 16, 2020

In the United States, imports are surging, indicating that retailers are getting ready to stock their (real and virtual) shelves in anticipation of the holiday shopping season. Data from the National Retail Federation suggests that merchants are stocking up in anticipation of an early holiday shopping season,” he said.

Los Angeles 161

Los Angeles Data Retail United States 161

PYMNTS

JULY 22, 2020

The retail industry is facing its first sales event of the pandemic with the coming of back-to-school sales. The projections were led by the National Retail Federation (NRF) this week, as it foresees record sales for back to school. Second, are retailers removing friction from the buying process?

Retail 186

Retail Meeting Arizona Florida 186

PYMNTS

OCTOBER 21, 2020

The pandemic has shifted priorities in regulatory policy tied to the financial services industry — and for Europe, it is heralding the emergence of a data-driven economy. Maniati noted the transformation had been in place well before COVID and has stretched back over five years, but has seen some urgency in recent months.

Data 317

Data Regulation National Examples 317

PYMNTS

APRIL 5, 2016

No harm, no foul, more or less ; and those who stood to be most affected by the security vulnerabilities — the online retailers — hardly had to lift a finger to be protected against them. But the fact is that things don’t always sort themselves out, effectively, in the retail security game.

Retail 100

Retail Security Data United States 100

PYMNTS

MAY 27, 2020

Apple , which runs 510 retail locations throughout the globe, intends to open roughly 100 U.S. The retail openings of Apple are reportedly being monitored closely on two fronts — an important demand driver for the technology company in addition to a barometer of the retail industry’s wellness. stores this week.

Apple 142

Apple Retail US Nevada 142

PYMNTS

OCTOBER 14, 2016

Alibaba is warning China’s retailers that it plans to revolutionize the nation’s retail sector. Jack Ma, CEO of Alibaba, has previously emphasized that retail companies should respond to the needs of internet users. Here are the data. trillion | The estimated worth of China’s traditional retail industry.

Retail 100

Retail Data Big Data Resources 100

PYMNTS

DECEMBER 28, 2020

The dreaded returns season has hit retail with a predictable but painful thud. In fact, forward-thinking retailers are looking at the return process as a chance to create a positive customer experience. In fact, forward-thinking retailers are looking at the return process as a chance to create a positive customer experience.

Customer Experience 216

Customer Experience Retail America Branding 216

PYMNTS

AUGUST 27, 2019

When it comes to retail innovation — changes that promise to influence commerce not only this year, but in the 2020s — cameras could have a significant role. After all, brick-and-mortar players often deal with some minimal data sets — how many customers came into a location, what sales and leading items turned out to be. Data Blocks.

Retail 118

Retail Innovation Video Data 118

PYMNTS

JUNE 2, 2020

Another month of the pandemic and another first of the month when retail lease payments are due. As the crisis enters its fourth month, counting March, two new earnings reports indicate that about 60 percent of retailers are paying their rent — with a few very notable exceptions. percent of retail rent was collected, compared to 48.9

Retail 130

Retail Report Payments Maryland 130

PYMNTS

APRIL 17, 2020

What will the ripple effects be for retailers (in the U.S. That decline might have been a foregone conclusion, as China shuttered supply chains , manufacturing plants, offices, restaurants and retailers. Other economic data from China also show that retail sales were down 15.8 The world’s second-largest economy shrank 6.8

Retail 130

Retail National Branding New York 130

PYMNTS

MAY 4, 2020

Phone data complied by Google’s parent Alphabet shows that many people initially ignored stay-home mandates but were increasingly compliant in April, according to a Reuters report on Friday (May 1). and Australia, more people made their way to parks and work, while Brazil, Japan and Singapore continued to stay home, the data indicates.

Google 153

Google Data Compliance Georgia 153

PYMNTS

JANUARY 20, 2020

New evidence of that — part of the broader trend of the existential changes in the world of brick-and-mortar retail, changes that are gaining more focus this month — comes from reports that stationery chain Papyrus is closing up shop. The chain had since expanded to some 260 or so retail locations. Total retail growth was 3.8

Retail 183

Retail Millennials Cards social media 183

PYMNTS

JANUARY 14, 2020

Retail in recent years has become a very data-intensive industry. In his keynote address to the National Retail Federation (NRF) earlier this week, Microsoft CEO Satya Nadella said the industry as a whole throws off 40 terabytes of data an hour. Asking The Right Questions .

Data 131

Data Retail Tools Customer Experience 131

PYMNTS

JULY 8, 2020

As it does during the first week of every month of the pandemic, attention turns to retail leases. This week found that one of the crisis’ most troubled retailers — Nordstrom — will only pay half of its rent for the balance of 2020. Retail Properties of America, Inc. percent of Q2 2020 rent as of the end of June.

Retail 150

Retail New York City Branding Groups 150

PYMNTS

JANUARY 28, 2019

Retailers have been testing out shelf-scanning robots to find out if they can handle restocking a store’s inventory when needed. Frederic McCoy, a senior vice president at Jabil Retail, a unit of Jabil Inc., whose Badger Technologies division created a data collection robot , calls it “optimizing the shelf.”

Retail 150

Retail New York Survey National 150

PYMNTS

NOVEMBER 5, 2019

October retail spending was up 0.6 percent increase in the 12 months leading up to October, according to data by the British Retail Consortium and accounting firm KPMG. percent increase in the 12 months leading up to October, according to data by the British Retail Consortium and accounting firm KPMG. In the U.S.,

Retail 101

Retail Data National Cards 101

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. However, this shift does not portend a complete abandonment of brick-and-mortar retail.

Retail 131

Retail New York City Online Trends 131

PYMNTS

MARCH 8, 2019

Marking its first fall in quarterly sales in half a decade, LaCroix sparkling water maker National Beverage Corp. We are truly sorry for these results,” said National Beverage Corp. According to an analysis of Nielsen data by Wells Fargo, the retail sales of National Beverage fell by 7 percent, as Polar Corp.

National 100

National Report Florida Analysis 100

PYMNTS

DECEMBER 19, 2019

That’s because cameras are playing a much bigger role in retail, a trend that will keep gaining steam in the new decade. The Associated Press reports that cameras are, at least somewhat quietly, making inroads into a number of retail outlets in a bid to, well, get to know you. are now looking to follow suit.”. “We

Retail 131

Retail Software Video Course 131

PYMNTS

MARCH 18, 2020

retail sales declined last month in the biggest drop in a year. Commerce Department data indicated that the value of overall sales decreased 0.5 And retail sales , with the exclusion of fuel and automobiles, fell 0.2 As previously reported, retail sales increased a seasonally adjusted 0.3 percent in January from December.

Retail 131

Retail US Comparison Conference 131

PYMNTS

DECEMBER 16, 2020

With data sharing, to boot. 16), the National Restaurant Association offered up seven public policy tenets that – in collaboration with delivery aggregators – are being billed as a “framework” for the delivery industry. To that end, as reported on Wednesday (Dec.

National 160

National New York City Policies New Jersey 160

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

OCTOBER 5, 2020

The pandemic seems to have had a strong positive impact on participation in the entire sport of running,” Fleet Feet’s Director of Retail Experience Matt Werder told PYMNTS. Even now that its stores are open, the retailer has discovered that its eCommerce, curbside pickup and virtual fitting services remain popular with customers.

Technology 131

Technology Retail North Carolina National 131

PYMNTS

DECEMBER 16, 2020

Amid the great digital shift , retailers and financial institutions (FIs) must walk the fine line between challenging transactions and letting the consumer journey proceed frictionless. And then, after the transaction is made, there’s the task of understanding the byzantine codes and data that are tied to online statements.

Retail 228

Retail Management Fraud Omaha 228

PYMNTS

SEPTEMBER 21, 2019

It’s National Cyber Security Awareness Month, and industry leaders are zeroing in on some of the most vulnerable targets of cyber scams: small businesses. As lawmakers ponder this risk, PYMNTS highlights some of the newest data points uncovered by researchers examining small business cybersecurity. Stronger passwords.

Data 202

Data Los Angeles Survey Cyber Security 202