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Groceries Juggle Bottom Line, Food Delivery Costs

PYMNTS

Online grocery sales rose to a record $6.6 Rather than donning masks and following social distancing rules, shoppers have turned to grocery delivery services as 43 million customers shopped online in May, up from 39.5 million in March, a nearly 9 percent hike, the survey revealed. It’s a two-edged sword.”.

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Today In Payments: Study Shows Americans’ Savings Drying Up; State AGs To Press Own Case Against Google

PYMNTS

The states leading the probe include Arizona, Colorado, Iowa, Nebraska, New York, North Carolina, Tennessee and Utah. billion in sales during Prime Day on Amazon’s online marketplace, as eCommerce activity surges in the wake of the coronavirus pandemic, the tech giant reported. Third-party sellers generated over $3.5

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Fiserv: What The 2019 Holiday Shopping Data Says About 2020 Spend

PYMNTS

Data from Fiserv supports that point: Brick-and-mortar retail growth during the 2019 holiday season stood at 1.4 Total retail growth was 3.8 However, Fodor didn’t meet with PYMNTS to simply give a tired account of how eCommerce is outpacing physical retail. percent, trailing the 8.1 percent growth rate for eCommerce.

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Why Google Ditched Perishables

PYMNTS

In addition to adding the service to those seven markets, Google will also be enhancing services currently on offer in Missouri, Kansas, Arkansas, Michigan, Wyoming, Iowa, Oklahoma, Louisiana, Texas and Ohio. That can’t always be other retailers’ business model.”.

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COVID-19: Real Trends and Stories From the Front Line

Gonzobanker

Another take: “Despite all the ways to conduct transactions – online, ATM, contact center – we still saw some very long lines in our drive-ups (especially when EIP payments were sent). Pre-COVID, most FIs opened approximately 10% of their accounts via the online channel, with the other 90% still being opened in branches.

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Here Is the Latest Credit Data To Keep Your Bank Safe

South State Correspondent

and New York had the lowest increases in credit risk, while North Dakota, Iowa, and Minnesota had the lowest volatility and were the most stable. As such, office buildings are still undergoing a net operating income (NOI) reset, with the value of the properties dropping in a corresponding fashion.

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32 Corporate Innovation Labs In Retail

CB Insights

The impending “death of retail” has been projected for decades. But, in an increasingly digital world, brick-and-mortar retail shops are embracing new ways to disrupt the system and get an edge on customer attention. One popular choice: retail innovation labs. Get the 54-page retail report. Founded: 2015 .