Perficient

MARCH 10, 2021

” SNC (pronounced like the candy bar but without the “ers”) stands for the Shared National Credit Program, which, since 1977, has assessed risk in the largest and most complex credits shared by multiple regulated financial institutions. percent vs 22.3 percent) subject to negative review was substantially lower.

National 309

National Regulation FDIC Retail 309

PYMNTS

JANUARY 26, 2021

In today’s top retail news, the U.S. The retailer said the move is part of a plan to execute a “store footprint optimization plan, including the contemplated exit of unprofitable locations.” From Community Hubs To In-Store Theater, Retailers Double Down In Digital At NRF. L’Occitane’s U.S. percent seen in December 2019.

Retail 239

Retail US New Jersey New York 239

PYMNTS

JULY 27, 2020

Retailers are starting to pay the rent. A new report from the National Association of Real Estate Investment Trusts (NAREIT) shows that rent collections for free-standing and shopping mall-focused real estate investment trusts (REITs) gained ground in July on top of gains in June. percentage points from 79.3 percent in June to 91.4

Retail 164

Retail Payments Dallas Texas 164

PYMNTS

MARCH 31, 2020

The retail closures related to the coronavirus have been a death knell for an already struggling retail industry, and many companies might not make it through, according to a report by the Financial Times. The industry is in dire need of cash, but the recently passed $2.2

Retail 139

Retail Industry Study National 139

PYMNTS

JANUARY 11, 2021

retail rents falling in many locales by percentages even greater than those seen in or after the 2007-08 Great Recession. These decreases are historic,” the Real Estate Board of New York wrote in a new report showing that average Manhattan retail asking rents fell in all of the island’s 17 retail corridors during autumn.

Los Angeles 207

Los Angeles Retail San Diego San Francisco 207

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. Leading retailers are requiring employees to wear masks or face coverings during their shift, and we are encouraging customers to do the same,” stated the letter.

Retail 151

Retail Groups social media Policies 151

PYMNTS

APRIL 13, 2020

Prepare for a big week of retail data, all of it unprecedented in light of the COVID-19 pandemic. Starting with the Commerce Department retail sales data on Wednesday, retailers will get a sense of how much consumers are spending and the retailers they are spending with. For retailers, there are no surprises from March.

Retail 216

Retail Data Capital New York 216

PYMNTS

JANUARY 11, 2017

The National Retail Federation (NRF) is calling for more transparency when it comes to credit card fees, urging the Supreme Court to let merchants show customers the extra costs that come with paying with a credit card instead of cash. In a press release announcing the move on Tuesday (Jan. cash,” Duncan said.

National 100

National Retail Cards Industry 100

PYMNTS

OCTOBER 20, 2020

The hotel industry in China is back in business, experiencing year-over-year revenue growth despite the negative economic impact of the worldwide pandemic that locked down most of the globe, according to a Skift report on Tuesday (Oct. The industry’s key metrics were up the week ending Oct. In addition, industrial production went up 5.6

Industry 130

Industry National Analysis Report 130

PYMNTS

MARCH 18, 2020

Retailers around the world are shutting their doors or reducing hours in an attempt to slow the spread of the fast-moving coronavirus, according to reports on Wednesday (March 18). Disney shuttered its resorts and theme parks as well as its retail stores. Abercrombie & Fitch is closing all its stores, including its Hollister brand.

Retail 130

Retail Apple National Conference 130

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

JULY 24, 2020

As retailers seek to prevent staffers and shoppers from arguing, the requirements of major merchants that shoppers wear masks in U.S. Walmart , along with Walgreens, Home Depot and others, indicates that the retailer will still allow non-mask-wearing customers to transact, CNN reported. brick-and-mortar stores are only so effective.

Retail 184

Retail Policies National System 184

PYMNTS

MARCH 30, 2020

There’s $454 billion earmarked for retailers in the vast series of COVID-19 relief legislation passed last week. But none of it will arrive in time for the April rent and lease deadline staring retailers right in the bank account come Wednesday. One industry consultant has predicted that 30 nationally known U.S.

Retail 131

Retail National Washington Industry 131

PYMNTS

APRIL 24, 2020

Many large retail chains are wary of reopening even while some states move toward starting their economies again following closures due to COVID-19. are some of the large national chains noting they will not partake in the early phase of reopening in places like South Carolina and Georgia per The Wall Street Journal. and Macy’s Inc.

South Carolina 130

South Carolina Las Vegas Retail Georgia 130

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. Data published by China’s National Bureau of Statistics showed consumer spending gained 50 basis points in August from the year ago period. Industrial production, up 5.6

Retail 171

Retail Lending United States Course 171

PYMNTS

NOVEMBER 23, 2020

A recent report released by the United Nations found that 132 out of 194 countries have now introduced data protection regulations of some kind, all varying in terms of what type of information they protect and the severity of their restrictions. One recent study found that 4.5 million U.K.

Industry 298

Industry Regulation Data Study 298

PYMNTS

JUNE 15, 2020

The restaurant industry, hit hard by the effects of the coronavirus, has lost $120 billion in the first three months of the pandemic, reported the National Restaurant Association. The organization said its research indicated the industry’s losses are likely to keep rising and will total about $240 billion by year’s end.

Industry 142

Industry Groups National Survey 142

PYMNTS

NOVEMBER 11, 2020

The development of a COVID-19 vaccine is positive news for retailers as they find themselves once again on the front lines of the surge in the pandemic. But the industry finds itself threatened again by lockdowns and the dreaded essential vs. non-essential classifications. If a retailer sold food, it was essential.

Retail 141

Retail New Mexico Community National 141

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

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? The Digital 3.0

Retail 186

Retail Meeting Arizona Florida 186

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

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

MARCH 2, 2020

The 2020 outlook report from the National Restaurant Association illustrates an industry contending with the countercurrents of solid consumer spending and disruptive technology. 899B: Value that restaurant industry sales are projected to reach in 2020.

Industry 142

Industry Arizona Virginia National 142

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

JULY 22, 2019

Retail trends and innovation can come from unlikely places, and that seems to be the case now when it comes to pets and CBD, two hot areas of commerce that are intersecting. No matter the state of regulatory or scientific certainty about CBD, various players in payments and retail are making moves to secure their roles in this growing market.

Retail 124

Retail Innovation Industry Study 124

PYMNTS

MARCH 12, 2019

Payments technology company InComm has acquired Linq3 Technologies with the purpose of entering the lottery industry, the company announced on Tuesday (March 12). The company uses new technologies aimed toward customer satisfaction, and attempts to attract customers at retail point of sale (POS) systems. “By

Industry 134

Industry Atlanta Cards United States 134

PYMNTS

JULY 16, 2020

All four companies — as well as other retailers — are fitting into the framework of a platform PYMNTS calls Digital 3.0 So far, retailers have done a decent job here. The retailers mentioned at the beginning of this piece have taken a stance on health that should have been taken by federal and local governments.

Retail 155

Retail Apple Examples Marketing Strategies 155

PYMNTS

MARCH 20, 2020

With the current health emergency retailers face unprecedented issues. Closing stores, limiting hours, changing order patterns, remote work — all of these issues have joined basic survival as retailers contend with sudden and unpredictable challenges during the coronavirus pandemic. 1: Employees. Read the fine print in the lease.

Retail 176

Retail New York City Analysis Resources 176

Perficient

APRIL 2, 2021

The five federal agencies are: the Consumer Financial Protection Bureau (CFPB), the Federal Deposit Insurance Corporation (FDIC), the Federal Reserve Board (Fed), the National Credit Union Administration (NCUA) and the. Office of the Comptroller of the Currency (OCC). Credit Decisions.

Regulation 309

Regulation Industry Risk Management Analysis 309

PYMNTS

JULY 27, 2020

shellfish industry was headed into 2020, the big concern was climate change. In order to understand how the pandemic has impacted the shellfish industry, it’s important to have some background into how it works, using oysters as an example. As the U.S. What a difference half a year makes.

Industry 157

Industry Strategy New York City Connecticut 157

PYMNTS

AUGUST 21, 2017

Gone are the days of being embarrassed by shopping at a thrift store like Goodwill Industries International or The Salvation Army. From thredUP to The RealReal , Tradesy and SnobSwap , every retail segment out there today seems to be looking for some sort of deal on discounted items, especially clothes.

Retail 103

Retail New York City National Industry 103

PYMNTS

JULY 1, 2019

When it comes to the new and emerging legal cannabis industry – along with the closely related trade in CBD products – payments and compliance issues, as one can imagine, have tremendous importance, and companies are striving to get into the game via those angles. Lawmakers should take heed and open this space to all financial institutions.”.

Compliance 167

Compliance Industry Payments Policies 167

PYMNTS

JULY 15, 2019

In a move that is said to help the company grow across the nation, California cannabis firm Caliva has teamed up with Jay-Z. With all the potential in the cannabis industry, Caliva’s expertise and ethos makes them the best partner for this endeavor.” There’s no black market for pain lotions.”.

National 134

National Colorado California Report 134

PYMNTS

JANUARY 18, 2017

The National ATM Council (NAC) argued in testimony to the Committee on Consumer Affairs of the New York City Council last week that a proposed ordinance would impose costly and burdensome new security regulations on ATM operators all around the city. said Renard in the same press release.

ATM 100

ATM National New York City New York 100

PYMNTS

AUGUST 25, 2017

Retail sales in the nation fell at the most aggressive rate since July 2016, Bloomberg reports. In addition, 44 percent of retailers indicated their sales volumes fell in August compared to the same period last year, while 34 percent indicated sales volumes had risen, according to data from the Confederation of British Industry (CBI).

Retail 100

Retail National Data Industry 100

PYMNTS

APRIL 17, 2019

The race to 5G retail is on. Recent news out of Asia serves as solid foreshadowing of how 5G could enhance retail in the coming few years. 5G Retail Plans. South Korea’s SK Telecom and retail conglomerate Shinsegae Group have joined forces on 5G retail, for instance. That’s not to count out the U.S.

Retail 199

Retail Apple Samsung Conference 199

PYMNTS

JULY 23, 2019

To make the clothing industry more inclusive of children with disabilities, major fashion brands are debuting adaptive clothing lines. Tommy Hilfiger, Target and Zappos have all launched these types of lines in recent years, while Kohl’s is the latest retailer to do so, CNBC reported.

Branding 139

Branding Retail Maine National 139