PYMNTS

OCTOBER 17, 2017

The business advisory firm FTI Consulting has forecasted that online retail sales in the United States will top $1 trillion by 2027 , CNBC reports. The firm expects eCommerce to grow from the current figure, $445 billion, as consumers continue to move away from traditional retailers.

Retail 114

Retail Online United States US 114

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? billion, up from $26.2

Retail 186

Retail Meeting Arizona Florida 186

PYMNTS

JANUARY 19, 2021

With more financial institutions (FIs) turning to external third-party FinTechs to strengthen their small- to medium-sized business (SMB) and corporate offerings, the collaboration model is proliferating across national borders. National Australia Bank Chooses Eedenbull. Absa Group Collabs With Surecomp. BNL Goes Live With Tink.

Fintech 341

Fintech National Groups Tools 341

PYMNTS

JUNE 18, 2020

The London-based trade group for Europe’s ePayments community is waiting for the European Banking Authority , the European Union (EU) banking regulator, to provide the 27-nation bloc with an update on Strong Customer Authentication (SCA). But this has not been true for online transactions. Vendorcom wants answers.

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Groups Regulation Fraud Security 131

PYMNTS

JANUARY 3, 2020

Online brands are growing their presence in the physical world by bringing their products into brick-and-mortar stores. Ouai , a hair and body care brand founded by celebrity hairstylist Jen Atkin, will roll out some of its merchandise in 1,200 Ulta Beauty locations in addition to the retailer’s website on Sunday (Jan.

Retail 131

Retail Industry Branding Miami 131

PYMNTS

OCTOBER 5, 2020

According to the NPD Group , COVID-19 brought the year’s good start to a halt, with March athletic shoe sales down about 40 percent compared to 2019 and taking a 50 percent hit in April. While stores were closed, Fleet Feet saw tremendous growth in its online business. The retailer’s primary communications vehicle is email.

Technology 131

Technology Retail North Carolina National 131

PYMNTS

APRIL 27, 2020

Dozens of retailers, from Dick’s Sporting Goods to Walmart , have added contactless shopping services, and it’s caught on. The number of orders placed online and picked up at stores surged 208 percent between April 1 and April 20 compared to a year ago, according to Adobe Analytics, CNBC reported. Last week, Texas Gov.

Dallas 258

Dallas US Retail Texas 258

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

FEBRUARY 8, 2019

A recent survey showed that retailers are going to get some love on Valentine’s Day, according to reports. If you separate by age group, people who are between the ages of 35 and 44 are predicted to spend the most at $279.14, and people aged 25-34 will spend $239.07. Total spending is estimated at about $20.7 2 and Jan.

Retail 150

Retail Survey Analytics Cards 150

PYMNTS

JANUARY 22, 2020

For retailers, nothing really ever comes easy — and things aren’t getting any easier, at least when it involves gaining and retaining customers. Indeed, as the recently completed National Retail Federation (NRF) retail show in New York City demonstrated, commerce keeps moving to what Webster called in the webinar a “customer-centric approach.”

Retail 137

Retail Millennials New York City social media 137

PYMNTS

MARCH 19, 2020

Simon Property Group is temporarily shuttering its U.S. David Simon, chairman, chief executive officer and president of Simon, said in the announcement , “The health and safety of our shoppers, retailers and employees is of paramount importance and we are taking this step to help reduce the spread of COVID-19 in our communities.”

Retail 130

Retail Operations Groups National 130

PYMNTS

OCTOBER 6, 2020

To help merchants and promote Afterpay in-store payment services to individuals before the busy holiday shopping season, buy now, pay later (BNPL) firm Afterpay and Simon have announced a national collaboration. Millennial and Gen Z shoppers are focusing on sustainable and ethical fashion and retail more than before.

Millennials 200

Millennials Retail United States National 200

PYMNTS

AUGUST 31, 2017

Retailers trying to bridge the growing gap between the shopping trends of Baby Boomers, Generation Z and every demographic in between may think they have the different generations figured out, but in some cases, operating on assumptions can lead to missed sales. Almost 41 percent of millennials shop online at least once a week, and 62.2

Retail 147

Retail Millennials Study Trends 147

PYMNTS

NOVEMBER 6, 2020

We have deep dives on digital payments, online ordering and memberships. Millennials and Gen Z are among the groups that are most likely to have received instant payments. From Online Ordering to Cupcake ATMs: How Sprinkles Prepared for the Pandemic. Walmart Reboots Retail With Its Rethink on Robotics .

Online 148

Online Payments Millennials Apple 148

PYMNTS

MARCH 7, 2017

A new study from the NPD Group revealed how changing consumer needs and the evolving retail marketplace contributed to increased online apparel sales in the U.S. Last year, online sales represented 19 percent of total U.S. Dollar sales for women’s, men’s and children’s apparel grew by 3 percent in 2016, reaching $218.7

Online 101

Online Retail Millennials Groups 101

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

Retail 127

Retail Innovation Course Trends 127

CFPB Monitor

SEPTEMBER 22, 2022

Expressing a range of concerns, several key industry groups submitted comments to the Federal Trade Commission (“FTC”) last week regarding its proposed rule that would impose new substantive and disclosure obligations on auto-dealers in the auto finance process.

Regulation 148

Regulation Groups Customer Experience Retail 148

PYMNTS

SEPTEMBER 17, 2020

To enable customers to shop from the complete selection of multiple mall offerings and retrieve their purchases from one place, European mall operator Citycon is creating a buy-online-pick-up-in-store (BOPIS) service. Citycon runs 40 shopping centers throughout Estonia and the Nordic nations, Bloomberg reported.

Operations 159

Operations Philadelphia United States Online 159

PYMNTS

NOVEMBER 14, 2018

Online shopping is on a tear, and marketplaces are reaping the rewards. To help bring these options to shoppers, a growing group of payments players are fostering partnerships to accept new payment methods and improve their offerings. billion — online payments were completed in the U.S. Just under 150 billion — or 148.5

Retail 131

Retail Payments Apple Online 131

PYMNTS

JUNE 14, 2019

However, in the 2019 Retail Banking Report, a study by Reputation.com that analyzed online data relating to retail banking locations for 23 major U.S. The study came up with Reputation Scores, measured on a scale of 100 to 1,000, based on online reviews, accurate listings, social media, search results and customer engagement.

Retail 103

Retail Study Online Mobile 103

PYMNTS

AUGUST 21, 2020

When Walmart announced Q2 earnings earlier this week, the nation’s largest retailer announced twin blowout performances in both its eCommerce and same-store sales. The companies are testing the service in four California and Oklahoma markets, with an eye toward a national launch in 2021. Same-store sales rose 9.3

Online 160

Online Seattle NV Oklahoma 160

PYMNTS

APRIL 24, 2017

Recovery has been slow for the national grocer since prices fell in February. Meanwhile, international retail food group Ahold Delhaize (AD) saw shares fall some more, not benefiting from the same springtime boost grocery and other stocks have seen. Mid-day Friday, KR shares were trading at $30.06, up 1.18

National 108

National Retail Branding Course 108

PYMNTS

AUGUST 8, 2019

The collaboration gives the 12,000-plus national ACTA members an opportunity to tap into Western Union’s payments expertise and knowledge of foreign currency transactions and currency risk management, according to a Western Union press release on Thursday (Aug. The newly-launched money transfer service is available online with EasyWeb.

Groups 178

Groups Payments Risk Management Cards 178

PYMNTS

NOVEMBER 24, 2017

This Cyber Monday could be the biggest online shopping day in history, according to Wednesday (Nov. Rather, it indicates a strengthening economy and an overall increase in spending both online and in physical store locations. By comparison, just 48 percent of survey respondents said they planned to shop online on Cyber Monday.

Online 108

Online Comparison Survey Trends 108

PYMNTS

SEPTEMBER 30, 2019

These laws were meant to make online sellers face sales tax requirements similar to those for retailers with on-the-ground locations, putting both types of businesses on equal footing. Small tobacco retailers can therefore struggle to build visibility among consumers when entering new markets.

Retail 109

Retail Taxes Virginia South Dakota 109

PYMNTS

OCTOBER 18, 2019

Mastercard is collaborating with four eCommerce retailers — WHSmith.co.uk, Funky Pigeon, Cult Pens and The Card Gallery — to offer the Pay by Bank app to online shoppers, Mastercard announced in a press release on Friday (Oct. as well as maintain the company’s critical national infrastructures. .

Retail 116

Retail User Experience ATM Security 116

PYMNTS

SEPTEMBER 17, 2019

In the meantime, the digital, mobile, delivery and other innovations that are taking place in this sector are also promising to impact retailers and the consumers who shop not only with mom-and-pop stores but with the bigger chains. The latest example of that comes from one of the biggest retail chains out there — Walmart.

Retail 108

Retail Georgia Houston Dallas 108

PYMNTS

APRIL 3, 2018

to Ingenico Group ’s Telium Semi-Integrated solution. Ingenico Group has helped KFC U.S. To provide customers with a fast and secure payment solution no matter where they pay, KFC uses a mix of Ingenico Group’s iSC250 and iPP350 smart terminals at the counter and iPP350 smart terminals for its drive-thrus.

Groups 101

Groups Payments Kentucky Customer Experience 101

PYMNTS

JUNE 3, 2019

In a press release, Amazon said it teamed up with Enterprise Nation , which supports more than 90,000 U.K. small businesses, to launch Clicks and Mortar, a new program that helps small businesses grow in-store and online. The events are aimed at helping small businesses have success online and boost export sales.

Training 122

Training National Online Seattle 122

PYMNTS

SEPTEMBER 22, 2020

Plus, digital payment provider Ant Group is looking for a record return as it goes public. The eCommerce retailer has reportedly entered into a relationship with the People’s Bank of China (PBoC)’s Digital Currency Research Institute. Ant Group Investors Drive IPO To $35B. Americans Rush To Download WeChat App In Advance Of Ban.

cryptocurrency 200

cryptocurrency social media Payments Groups 200

PYMNTS

NOVEMBER 13, 2019

The great holiday shopping rush is upon us and the annual spending extravaganza is underway as retailers do anything and everything within their power to try to lure in that enhanced consumer spend. Baby boomers and Gen X will lead holiday spending this year, according to the 2019 Holiday Purchase Intentions Survey from The NPD Group.

Millennials 101

Millennials Groups Retail Online 101

PYMNTS

NOVEMBER 1, 2019

Fast-casual restaurant groups are teaming with online food delivery firms to offer on-demand ordering to consumers through digital platforms. Postmates provides on-demand delivery choices from over 500,000 restaurants, convenience stores and grocery stores, in addition to traditional retailers. restaurants. (The

Branding 101

Branding Retail Florida Texas 101

PYMNTS

SEPTEMBER 22, 2020

22), Boston Consulting Group has estimated that that demand for luxury items could underpin a spending boost on the order of 30 percent as the Chinese economy rebounds. As reported in this space last week, the country saw retail sales increase for the first time since the pandemic took root. As reported by Bloomberg on Tuesday (Sept.

Retail 169

Retail Boston Groups Regional 169

PYMNTS

APRIL 5, 2016

In the recent instance of the XSS security vulnerabilities that befell the online shopping cart Zen Cart, for example, the company acted quickly to solve its own problem. 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

SEPTEMBER 4, 2018

Major retailers are stepping in to fill the void left by Toys R Us: Walmart , in particular, is growing its toy assortment by 30 percent in its brick-and-mortar stores, and by 40 percent online. To that end, the retailer is rolling out “thousands” of additional items to give customers more options.

US 100

US Retail Marketing Branding 100

PYMNTS

SEPTEMBER 28, 2020

Take, for example, Italy, where Amazon has been operating since 2010 with what The New York Times describes as rather “muted success” since selling its first children’s book in the nation nearly a decade ago. By and large, Italian consumers first encountered Amazon as a group that firmly preferred shopping in person and paying in cash.

Marketing 237

Marketing Survey Online New York 237

PYMNTS

DECEMBER 29, 2020

"At Returnly, we give shoppers instant access to credit to ensure they get the right item even before returning the wrong one — ultimately helping retailers offer shoppers a predictable and consistent returns experience during these challenging times,” Vilar said. Returnly also noted that the return journey begins on Dec.

Report 141

Report United States Retail National 141