PYMNTS

DECEMBER 16, 2020

In today’s top retail news, Benetton Group is teaming once more with EDITED, while CarLotz Inc. Benetton Group Teams With Retail Intelligence Firm EDITED. EDITED Retail Market Intelligence provides live data on more than 140,000 brands and retailers. CarLotz Reports 12 Pct Rise In Net Revenues.

Groups 192

Groups Retail Report Branding 192

PYMNTS

JULY 7, 2020

Now there’s the Retail Industry Leaders Association (RILA) asking for help with mandating mask guidance regulations to protect store personnel. The patchwork of local mandates many retailers faced earlier this year made it incredibly difficult to focus on implementing the right safety protocols,” said the letter.

Retail 151

Retail Groups social media Policies 151

PYMNTS

DECEMBER 14, 2020

Authentic Brands is said to be in talks with Debenhams and Arcadia Group administrators, with unnamed sources claiming that the retail company is mulling a bid for the Sir Philip Green retail empire and the retailer, Retail Gazette reported.

Groups 224

Groups Branding Retail New York 224

PYMNTS

MARCH 18, 2020

For most retailers, this virus thing is starting to hurt. Retailers are now in full-on battle mode,” said Jefferies Analyst Randal Konik , who foresees a 90 percent to 100 percent drop in mall traffic. For retailers, this is now about near-term survival.”. The shopping center industry in the U.S. Add closures across the U.S.

Retail 161

Retail Groups New York City New Jersey 161

Accenture

JANUARY 23, 2022

The market turmoil of 2020-2021, along with an unprecedented surge that has renewed a focus on retail investors, has pushed direct investing platforms into the spotlight. With this rise of the retail investor comes significant opportunity, as recently highlighted by our colleague Scott Reddel.

Retail 288

Retail social media Customer Experience Community 288

PYMNTS

AUGUST 7, 2020

The news site named Neiman Marcus Group Inc, Brooks Brothers Group Inc, J.C. Crew Group Inc. If this becomes a tsunami of retailers rejecting their leases, it’s going to trigger another part of the sea change — the mortgages held by the landlords.”. Some of the retailers filing for Chapter 11, such as J.C.

Retail 354

Retail Groups Report Payments 354

Payments Dive

FEBRUARY 15, 2023

Banks requested a delay in implementing a debit routing rule, but a retail and merchant trade group argued it’s high time the card issuers comply.

Retail 195

Retail Groups Cards 195

CFPB Monitor

JANUARY 10, 2024

On January 5, 2024, two trade groups representing auto dealers filed a petition for review challenging the Federal Trade Commission’s (“FTC”) new Combating Auto Retail Scams Rule (“CARS Rule”).

Groups 146

Groups United States Texas National 146

South State Correspondent

JANUARY 18, 2023

Retail Sales & PPI Reveal Softening Activity. The first of those is retail sales for December which declined by 1.1%. The so-called core retail sales rate, or Control Group, dipped 0.7% The post Retail Sales & PPI Reveal Softening Activity appeared first on SouthState Correspondent Division.

Retail 195

Retail Atlanta Trends Report 195

PYMNTS

OCTOBER 18, 2019

WHSmith has revealed it will acquire Marshall Retail Group (MRG) in an effort to boost its presence in U.S. ” Roger Goddu, another partner at Brentwood, added that “MRG has developed a unique collection of retail solutions to an impressive range of partners. airports, according to Financial Times.

Groups 101

Groups Retail Las Vegas United States 101

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

G-III Apparel Group , whose owned brands include DKNY and G.H. Bass and Wilsons Leather share of the company’s retail operations segment were $38.2 The company said it is reorganizing its retail operations segment, as announced in the past. Bass and 110 Wilsons Leather retail locations. 8) that net sales plunged 26.7

Groups 241

Groups Report Branding Retail 241

PYMNTS

MARCH 11, 2020

Under siege by the coronavirus, the Italian government has ordered the closures of all retailers barring pharmacies and grocers, according to published reports Wednesday (March 11). Meanwhile, in the United States, CME Group will close its Chicago trading floor in a preventive measure against the spread of COVID-19.

Groups 135

Groups Retail Chicago United States 135

PYMNTS

AUGUST 31, 2020

There’s a storm brewing in the Indian retail scene, with Amazon at its center. Over the weekend, Reliance Industries – the company owned by India’s richest man, Mukesh Ambani – purchased Future Group ’s 2,000 retail stores and the Big Bazaar grocery chain. Whole Foods has 497 stores. billion consumers. “At

Retail 263

Retail Online Groups Industry 263

PYMNTS

JANUARY 18, 2021

Every year for the last 110 years , members of the retail trade group, known as the National Retail Federation (NRF), have assembled to discuss the slate of issues pertinent to its members. COVID-19, of course, didn’t cause physical retail’s steep decline — it just accelerated it. Like this one.

Retail 309

Retail Online Maine Branding 309

BankInovation

FEBRUARY 12, 2021

PNC is seeking to boost automation expertise in its retail banking technology group, as a recent job posting on the bank’s website revealed. Bank Automation News breaks down automation-specific job postings by the nation’s biggest banks to glean current growth strategies for bank automation. PNC, with $466.7

Groups 98

Groups Retail Software Strategy 98

Payments Dive

OCTOBER 9, 2018

Restaurant and retail executives that gathered in Chicago this past summer for the Networld Media Group's annual CONNECT: The Mobile CX Summit shared their thoughts with us about the hottest trends in mobile technology in this exclusive video.

Trends 350

Trends Retail Mobile Chicago 350

PYMNTS

NOVEMBER 30, 2020

HSBC Group is considering shuttering its U.S. retail banking operations after four decades trying to build a strong presence in the country, the Financial Times (FT) reported. FT based its report on unnamed sources, stating the bank is weighing "a complete exit from retail banking in the U.S. The jury is still out?…?we

Retail 233

Retail US United States Resources 233

PYMNTS

FEBRUARY 25, 2020

As Walmart aims to grow profits at its online shopping business and cut discord between units, the retailer is bringing together its store and eCommerce product-buying teams, The Wall Street Journal reported. The retailer is making six category teams, such as apparel, entertainment, food and consumables. web and store businesses.

Groups 170

Groups Retail Training Online 170

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

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

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

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

SEPTEMBER 29, 2020

Brick-and-mortar retailers felt the pain at exaggerated levels due to the pandemic, according to the bi-annual BDO Bankruptcy Update. Among retailers not in bankruptcy, there were 4,228 store closures, including Inditex with 1,000 closures and Starbucks with 400, the report stated.

Retail 268

Retail Report Groups Industry 268

PYMNTS

JULY 8, 2020

The retail world was rocked by more bankruptcy news on Wednesday (July 8), as Brooks Brothers officially announced its long-rumored bankruptcy and women’s fashion icon Ann Taylor was reported to be preparing for a Chapter 11 filing. The filing in Delaware allows the retailer to stay open while it crafts a plan to emerge from Chapter 11.

Retail 156

Retail Fort Worth Delaware Groups 156

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. 4.7K : Number of stores where the new Walmart Media Group places ads targeting customers.

Retail 187

Retail Data Trends Online 187

PYMNTS

JANUARY 14, 2021

Southeast Asian FinTech Grab Financial Group announced in a press release that it has raised $300 million in a Series A funding round. Grab Financial Group had a productive 2020 in which it managed to increase total revenue by 40 percent. The round was led by Hanwha Asset Management , South Korea’s leading asset management company.

Groups 204

Groups Regional Fintech Management 204

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

NOVEMBER 8, 2020

Future Retail is attempting to prevent partner Amazon from meddling further in its $3.4 The whole controversy has likely damaged Amazon's ties with Ambani, who is Asia's richest man, and the Reliance group, fast spreading in the region as a leader in eCommerce. percent stake in Reliance Retail.

Retail 230

Retail Industry Regional Groups 230

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

Bank Innovation

JANUARY 5, 2020

Beyond Consortium, led by one of Asia’s largest massage chair makers, V3 Group Ltd. Two more consortiums said they submitted bids for digital banking licenses in Singapore as companies, ranging from a massage chair maker to a property giant and Chinese fintech firms, joined forces to go for the sought-after permits.

Digital Banking 300

Digital Banking Groups Fintech Cards 300

PYMNTS

JULY 17, 2020

A trade group for the U.K. The group notes that it is difficult to maintain retail business with “the commercial value of leases and cost of business rates,” with nearly no travel and forecasted long-term limited traffic. The news comes as data from Springboard retail experts indicated that traffic across U.K.

Groups 143

Groups Retail Data Meeting 143

Payments Dive

FEBRUARY 23, 2018

Karen Katz, former president and CEO of Neiman Marcus Group, and Visa CEO Alfred Kelly shared insight, expectations and strategy during a panel talk at the NRF Big Show in January on boosting the retail mobile commerce customer experience.

Retail 272

Retail Mobile Innovation Cards 272

PYMNTS

FEBRUARY 1, 2021

You’d be forgiven if the tug of war between hedge funds and retail investors – and the soaring and swooning over GameStop and Dogecoin – would be top of mind in anticipation of a bubble taking shape that will, at some point, see either deflation or a pop. New year – and on Wall Street, perhaps the same bubble forming. No, not GameStop.

Groups 248

Groups Florida Retail Capital 248

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. It, along with Authentic Brands Group owns SPARC Group.

Retail 150

Retail New York City Branding Groups 150

Bank Innovation

FEBRUARY 11, 2020

has created a group to focus on strategy, digital platforms and innovation, The Wall Street Journal reported today. According to Wells, the Strategy, Digital Platform and Innovation group will report directly to the bank’s CEO, and will be responsible for all corporate strategy and […].

Groups 273

Groups Innovation Strategy Report 273

PYMNTS

AUGUST 21, 2020

As it aims for an approximately $225 billion valuation, Ant Group intends to seek dual listings in Shanghai and Hong Kong in the weeks to come, Bloomberg reported, citing unnamed sources. The news comes as Ant Group gained profits of $1.3 million in earnings for Alibaba Group Holding Ltd., Alibaba Group Holding Co.

Groups 157

Groups Comparison Report Lending 157