PYMNTS

NOVEMBER 5, 2020

From where things stand in Q4 2020 it’s not hard to imagine physical retail going extinct. Noting the ways COVID has permanently changed retailing, CNBC recently reported , “As more and more stores go dark at the mall, some major retail executives are looking to grow outside of it — a tactic they hadn’t touted so publicly before.

Retail 252

Retail Millennials Online Report 252

PYMNTS

SEPTEMBER 23, 2020

Online sneaker marketplace Goat Group has raised $100 million in a Series E funding round, according to The Wall Street Journal (WSJ), which will go toward expanding its products and apparel categories. Goat Group and StockX are among the prominent new companies arising because of the trend.

Groups 194

Groups Branding Online America 194

PYMNTS

DECEMBER 14, 2020

In today’s top retail news, Bed Bath & Beyond Inc. has entered into a definitive deal to sell Cost Plus World Market to Kingswood Capital Management, while Authentic Brands is reportedly in discussions with Arcadia Group and Debenhams. Authentic Brands Could Buy Arcadia Group And Debenhams. Riley Securities Inc.

Branding 131

Branding Groups Retail New York 131

PYMNTS

DECEMBER 8, 2020

Walgreens has followed in the footsteps of Walmart and Amazon to join the retailer-as-ad-agency trend , while BigCommerce recently launched Open Checkout to let developers, retailers and partners create tailored checkout experiences. 67% : Share of Australian consumers who prefer to shop in-store rather than online.

Retail 187

Retail Data Trends Online 187

PYMNTS

JUNE 4, 2020

Instead of flocking back to brick-and-mortar shops, consumers are continuing to shop from the safety of their homes, and are actually buying more online — not less — than they were before the reopening began. consumers are now buying retail goods online as of May 23, compared to 29.2 PYMNTS’ latest survey shows that 35.7

Online 137

Online Retail Data United States 137

PYMNTS

MARCH 6, 2020

To bring online shopping visibility to fast-moving consumer goods (FMCG), Greece-based Convert Group has notched €1.2 eRetail Audit,” which is the central offering of the upstart, is said to be a digital platform that offers online retail market share information for “sell-out” consumer merchandise in units, value and volume.

Groups 141

Groups Data United States Retail 141

PYMNTS

SEPTEMBER 30, 2020

UnitedHealth Group Inc. , the world’s largest healthcare company by revenue, has purchased DivvyDose, the Illinois-based online pharmacy startup, for about $300 million, sources told CNBC. CNBC reported giant retailers and health plans are acquiring online pharmacy startups as a way to make it easier for patients to access medicines.

Online 198

Online Report Illinois Seattle 198

PYMNTS

NOVEMBER 9, 2020

As COVID-19 continues to modify ideas around how we shop and pay, consumers and B2B buyers are also making choices about where to shop: online or in-store? Now there are signals that a physical retail rebound is forming up. Another example is Amazon, whose touchless retail concepts give a good look at in-store experiences to come. “Of

Retail 261

Retail Millennials Online Tools 261

PYMNTS

DECEMBER 4, 2020

The hot new thing in “Big Retail” is offering in-house advertising on your website to your vendors – because why get paid only once on a purchase if you can get paid twice? In short, retailers get paid to place the ad, and then get paid again when the merchandise is sold. The Digital Embrace.

Retail 216

Retail Trends Branding Groups 216

PYMNTS

NOVEMBER 1, 2020

Amazon , which is fuming over a decision by its India business partner Future Retail to sell assets to rising Amazon rival Reliance Industries , has asked India's top securities regulator to block the deal, Reuters reported. based online giant invested $200 million in the Indian company. Also, on Sunday (Nov.

Retail 160

Retail Report Regulation Industry 160

Bank Innovation

OCTOBER 5, 2017

The French telecom company Orange is launching an online bank, after rolling back the launch of the service for several months. The launch of the service, known as Orange Bank, will take place on November 2nd; this follows the postponements of its initial launch, which was scheduled for July 6th of this year. Orange CEO […].

Online 246

Online Groups Company Mobile 246

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 move comes as the retail industry is reeling from a double blow: fallout from the pandemic and the great shift of consumer buying to online sales.

Groups 139

Groups Company Indianapolis Exercises 139

PYMNTS

FEBRUARY 14, 2019

From 7-Eleven to H&M , retailers are adopting digital payments and artificial intelligence (AI) technology to bring more convenient experiences to their customers. And retailers with brick-and-mortar locations in North America are starting to accept Chinese mobile payment systems.

Retail 129

Retail Online Payments United States 129

PYMNTS

JULY 16, 2020

The gloves are off in the retail landlord leasing battle, with Simon Property Group now suing mall tenants who aren’t paying their rent. On Tuesday (July 14), the country’s biggest retail real estate investment trust filed a lawsuit against Eddie Bauer for $6.2 Other retail real estate analysts are a bit more optimistic.

Groups 151

Groups Retail Comparison Survey 151

PYMNTS

MAY 8, 2017

The UK’s top retailers are facing tough competition online from U.S.-based s top 10 retail companies as ranked by unique visitors to their desktop brand sites. apparel retailer Next and grocery chain operator J Sainsbury (Sainsbury’s) from the top 10 list. The additions displaced U.K.

Retail 116

Retail Online US Apple 116

PYMNTS

JULY 23, 2020

Walmart is selling its 28 stores and eCommerce operations in India to Flipkart Group , the online marketplace it controls. The stores operate like warehouse clubs, serving independent retailers and other small businesses. Earlier this month, Flipkart Group announced it had raised $1.2 The global trend is that giant U.S.-based

Retail 130

Retail Leadership Groups Operations 130

PYMNTS

JANUARY 21, 2021

Plenty of famous retail chains have collapsed both before and during a pandemic that has slammed brick-and-mortar stores, but some iconic names like Pier 1 , Barneys New York and others are coming back – at least in some fashion. Other well-known brands have died in the physical world, but reopened under new owners as online-only storefronts.

Retail 246

Retail Los Angeles New York Branding 246

PYMNTS

NOVEMBER 10, 2016

Shares of online retailer stocks managed to lag the broader markets in October, a performance that at least partially keyed into lackluster earnings results for the third quarter, which ended in September. Overall, InternetRetailer.com said its tracking of 25 eCommerce names showed the group off 6.5 percent for the same month.

Retail 115

Retail Online Marketing Groups 115

PYMNTS

APRIL 27, 2020

The pressure on cash-strapped retailers is intense and potentially consequential. At stake are the early returns on some issues that will determine the nature of consumer behavior and spending patterns, which are the lifeblood of retail for any season. Larger retailers may need to look at reformatting as a reinvention strategy.

Retail 193

Retail Strategy Survey Online 193

PYMNTS

SEPTEMBER 5, 2016

After some years of fighting any and all attempts on taxation, digital merchants seem to have made their peace with paying taxes and are starting to fall into line around the Online Sales Simplification Act of 2016. The letter of support requests Congress to “bring certainty and rationality” to the online tax situation.

Taxes 100

Taxes Online Retail Branding 100

PYMNTS

NOVEMBER 16, 2020

Group Seeks to Block Maryland Online Advertising Tax. At issue is the eCommerce retailer’s parallel responsibility to third-party merchants as an online shopping ecosystem and to itself as a competitor on the platform with rival products. Amazon Encounters EU Charges Over Seller Data.

Maryland 151

Maryland Taxes Online Groups 151

PYMNTS

DECEMBER 10, 2019

Bridge millennials’ rise is changing the retail ecosystem ahead of the 2019 holiday season, but their impacts will continue to be felt in the year ahead. The group also spends more than other demographics, averaging $2,225 in retail purchases per year. Why bridge millennials’ preferences matter .

Millennials 136

Millennials Retail Groups Online 136

PYMNTS

MARCH 27, 2020

While the advancement of open banking regulations may be seeing a small skip due to the spread of the coronavirus , many countries saw business and typical banking operations halted right after deciding upon new online privacy rules. Around The Data Protection And Security World. The virus is sweeping through the U.S. Security .

Data 199

Data Retail US California 199

PYMNTS

FEBRUARY 13, 2020

In its latest quarter, Alibaba Group saw its sales come out ahead of expectations, spiking 38 percent. The Chinese online shopping company had revenue of $23.19 Daniel Zhang, Chairman and CEO of Alibaba Group, said in an earnings press release , “Alibaba Group experienced robust growth across our business this past quarter.

Retail 150

Retail Groups Mobile Online 150

PYMNTS

OCTOBER 9, 2019

More than 20 online eCigarette retailers are being sued by New York City for allegedly selling to children. 9) stop 22 online sellers from being allowed to either market or offer eCigarettes to anyone younger than 21. . Some of the lawsuits are also targeted at Altria Group, one of the largest tobacco companies in the country.

New York City 108

New York City Online New York Retail 108

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

SEPTEMBER 9, 2020

There are many ways to mark the massive shift to digital that’s happened in the past six months, from baby boomers who’ve moved online after favoring real-world shopping to merchants who’ve made a hard shift toward digital and omnichannel. For instance, she said customers will always want good prices, selection and convenience when they shop.

Branding 220

Branding Online Retail social media 220

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

MAY 8, 2020

As they navigate the coronavirus pandemic and begin to reopen stores, large retailers are putting safety measures into place to keep shoppers and staff members safe — and get customers confidently back into stores. Trade groups are also providing guidance to help retailers open their doors again.

Retail 173

Retail National United States Groups 173

PYMNTS

JUNE 3, 2020

the wear-to-work retailer for women, warned it may file for Chapter 11 bankruptcy protection as the nationwide chain has been crippled by the COVID-19 crisis, CNBC reported. The company operates more than 385 retail and outlet locations in 33 states, according to its website. Earlier this month, J.Crew Group Inc.

New York 151

New York Retail Groups Survey 151

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. At the very least, retailers need to depend on eCommerce sales in the states where the virus is raging.

Retail 186

Retail Meeting Arizona Florida 186

PYMNTS

JANUARY 17, 2020

Commerce Department, retail sales were up for the third consecutive month as of December of last year, and buying was broad-based across several categories – with the exception of autos. In terms of headline numbers, retail sales overall were up 30 basis points. Looking beyond the sequential showings, December retail sales were up 5.8

Retail 132

Retail US Examples Online 132

PYMNTS

SEPTEMBER 11, 2019

Virtual reality could have more retailers reach more consumers in the coming few years — in large part by upping the consumer experience. billion for retail and marketing in the year 2022, with revenues from VR initiatives expected to increase by 3,000 percent over the next four years. and Europe by 2022. Amazon VR Push.

Retail 192

Retail San Diego San Francisco Branding 192

PYMNTS

JANUARY 20, 2020

Future Group , the Indian conglomerate headquartered in Mumbai, is downsizing its eCommerce division Retail 3.0 The idea was to convert the entire offline journey of a Future Group consumer into the online world,” founder Kishore Biyani said in 2017 regarding Retail 3.0. Amazon also acquired a 9.5

Groups 101

Groups Retail Digital Strategies Analysis 101

PYMNTS

AUGUST 13, 2020

Off-price specialty retailer Stein Mart, Inc. filed for Chapter 11 bankruptcy in the United States Bankruptcy Court for the Middle District of Florida, Jacksonville Division amid a challenging retail climate and the pandemic, the company said in a statement. In July, Ascena Retail Group, Inc.

Retail 146

Retail Jacksonville Virginia United States 146

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. They noted that they found Generation Z to be a very social group of people. Take Target, for instance.

Retail 148

Retail Trends Millennials Survey 148

PYMNTS

OCTOBER 28, 2016

The 31st instantiation of the the annual poll of consumer desires indicated that retailers should be getting ready to batten down their eCommerce hatches, because a wave of customers will soon be upon them. Consumers are also planning to spend more of their budget online than ever. The parking lots will still be full for some reason.

Retail 100

Retail Online Survey Tools 100