PYMNTS

MAY 31, 2019

The chief operating officer of Goldman Sachs said the bank is working on a digital money management tool in an attempt to attract more customers from Main Street, according to a report by Reuters. “We Management is targeting growth in the U.S. of aggregate retail deposits of $10 billion annually. Across the U.S.

Management 162

Management New York Tools Conference 162

PYMNTS

JUNE 6, 2019

News this week (June 5) from France supports those points. There, according to The New York Times , authorities plan “to outlaw the destruction of unsold consumer products, a practice that currently results in the disposal of new goods worth 800 million euros, or more than $900 million, in the country each year.

Retail 146

Retail New York Online Trends 146

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. It is expected that the business will keep operating as a stand-alone brand.

Branding 131

Branding Groups Retail New York 131

PYMNTS

SEPTEMBER 24, 2020

Retail sales have seen very modest year-over-year gains since June, but many brick-and-mortar operations continue to suffer amid the pandemic. PJ SOLOMON , the New York global investment financial services company, and the National Retail Federation (NRF), the world’s largest retail trade association, announced on Thursday (Sept.

Retail 111

Retail Survey New York California 111

PYMNTS

FEBRUARY 20, 2020

Inventory management is a constant struggle for many businesses, particularly QSRs. One notable inventory management challenge occurred last year when the fried chicken QSR chain Popeyes introduced a new chicken sandwich. “We Cloud inventory management software can also mitigate the industry’s constant struggle with food waste.

Management 130

Management Software Tools Massachusetts 130

PYMNTS

MAY 29, 2019

It’s not often that one gets to see a new form of retail emerge, but that’s what’s happening with, of all things, legal recreational cannabis. So far, this retail is taking a form that is big, feminine and even a bit luxurious. Evidence of that came earlier this year from Barneys New York. Cannabis Superstore.

Retail 186

Retail Las Vegas Leadership Industry 186

PYMNTS

OCTOBER 12, 2018

Brick-and-mortar retailers have closed flagship locations in recent times, but sometimes these landmark stores make a comeback. The new store, which will be located at 30 Rockefeller Plaza, will feature multiple experiential retail components. While $134 million worth of debt comes due for Sears on Monday (Oct.

Retail 116

Retail New York City San Francisco New York 116

PYMNTS

APRIL 26, 2019

Floravere , for instance, opened its first brick-and-mortar location in New York City’s Tribeca neighborhood — a space that it says “reimagines shopping for one of the world’s oldest traditions.”. Beyond Floravere, other wedding retailers have opened up brick-and-mortar stores in New York City and its greater metropolitan area.

Branding 123

Branding Retail New York New York City 123

PYMNTS

NOVEMBER 10, 2017

cities can stop by one of the retailer’s airport or mall kiosks to pick up a lightweight down jacket or heat-retaining shirt. Walmart has also introduced standalone kiosks, although the big box retailer’s version is more about supporting its curbside pickup service than about introducing on-the-go convenience via remote retail.

Retail 145

Retail Technology Apple Mobile 145

PYMNTS

JUNE 14, 2019

In addition, the company says it’s bringing the same personalized service, flexibility and transparency to the store as its California and New York City boutiques. “We We are thrilled to expand Rebag’s retail footprint to the Miami community. Operating hours span from 6 a.m. It’s a great fit for us.”.

Miami 100

Miami Retail New York City New York 100

PYMNTS

SEPTEMBER 18, 2018

In a press release , Postmates said the funding round was led by Tiger Global Management, and comes on the back of a record year of growth, market expansion and adoption of a subscription service. Postmates, the on-demand delivery company, announced on Tuesday (Sept. 18) that it has raised $300 million in venture funding.

Los Angeles 151

Los Angeles Management New York Tools 151

PYMNTS

FEBRUARY 21, 2020

Shookit is still operational today in Tel Aviv under new management, while Shookit/Bond’s Co-founders Hachmon and Michael Osadon jumped across the pond to bring its last-mile logistics services to New York, with plans to expand to a host of major U.S. That is accomplished with two main tools.

New York 201

New York Metro User Experience Retail 201

PYMNTS

JANUARY 13, 2019

A talent war in New York is heating up with Amazon opening up its second headquarters in the city and Google expanding its presence. Headhunters report that while the direct impact from Amazon and Google remains to be seen, it is good news for the job market in New York City.

New York City 134

New York City New York Google Marketing 134

PYMNTS

MAY 22, 2017

A new study has found that retail global expansion has lost some steam, and while the United States remains the most active, Europe is now the preferred spot for expanding retailers, according to Chain Store Age. The results found that retailers’ expansion into new markets increased by 2 percent in 2016, down from 3.1

Retail 108

Retail United States New York City Study 108

PYMNTS

JULY 31, 2020

Authentic Brands Group ( ABG ), the New York-based brand management company, could be the latest potential buyer of Ascena Retail Group , the recently bankrupt parent firm of Ann Taylor, Footwear News reported. The New Jersey-based company operates about 3,000 stores, mostly at malls.

Puerto Rico 145

Puerto Rico Report New Jersey New York 145

PYMNTS

FEBRUARY 6, 2018

Fanatics , a company that sells Team USA merchandise, has taken a novel approach to Olympic retail this year with a physical store in a major U.S. The store marks a milestone for Team USA: It’s their first in-person retail store outside the Olympic Training Center in Colorado. Retail Gold.

Retail 118

Retail Strategy New York City Los Angeles 118

PYMNTS

AUGUST 7, 2019

Those two retail trends have recently collided in Southeast Asia, where Carro, an automotive marketplace and financing provider, reportedly has bought Jualo, an online marketplace for used goods from some 300 product categories. The deal is not the only recent news involving the online retail sales of automobiles. Retail Waste.

Online 112

Online Retail Trends New York 112

PYMNTS

NOVEMBER 20, 2019

Providing a top consumer experience is becoming more important and is a rising trend in retail, and that will almost certainly increase in the 2020s. The new 19,700-square-foot space will feature a studio equipped for yoga and high-intensity interval training classes. Physical Retail Efforts.

Retail 109

Retail New York City Minneapolis Branding 109

PYMNTS

OCTOBER 18, 2019

Brick-and-mortar retailers are joining forces with online reCommerce companies to bring pre-owned merchandise into their stores, adding to their sustainability efforts. That price point, according to Fashionista , is significantly less costly than a new pair of the brand’s jeans that usually cost approximately $130.

Retail 101

Retail Kansas City Nashville Kansas 101

PYMNTS

APRIL 29, 2016

It’s a new fact of retail that consumers want shipping as fast as possible for as little cost as possible. That translates into a $14 fee for the express delivery of a small, three-pound package from New York to Atlanta. We’ll never be large enough.”.

Retail 100

Retail Atlanta New York Examples 100

PYMNTS

OCTOBER 1, 2020

Online shopping software firm Easyship has become part of the Shopify Plus Technology Partner Program, which provides retailers with access to business solutions, according to a Thursday (Oct. Retailers that harness Shopify Plus and Easyship can utilize Easyship’s complete product collection. 1) announcement.

New York 165

New York Retail Community Software 165

PYMNTS

JUNE 5, 2020

Sycamore Partners, the New York private equity firm that specializes in distressed buyouts, is in preliminary talks to purchase JCPenney , sources told Reuters. Sycamore is considering acquiring the entire company or making an investment in JCPenney, the news service reported. In a hearing on Thursday (June 4), U.S.

Report 136

Report Texas Retail New York 136

PYMNTS

FEBRUARY 26, 2020

Cash management firm The Brink’s Company is acquiring a majority stake in the security services company G4S for $860 million (£660 million), The Brink’s Company announced on Wednesday (Feb. The acquisition does not include the G4S Retail Cash Solutions business or the cash operations in South Africa, the U.K.

Virginia 175

Virginia New York Operations Capital 175

PYMNTS

OCTOBER 21, 2020

Retailers on Shopify can now add social group purchasing to their eCommerce storefronts, according to a Wednesday (Oct. PowerBuy lets retailers provide promotions on merchandise after a minimum number of purchasers have joined the promotion, inspiring those who join to decrease the price by distributing the deal. 21) announcement.

social media 140

social media New York Software Retail 140

Bank Innovation

APRIL 4, 2019

New York-based Glia, an omnichannel customer service platform for financial services companies, announced that it recently raised $20 million in a Series B round led by Insight Venture Partners.

New York 170

New York Video Innovation Management 170

PYMNTS

SEPTEMBER 28, 2020

has completed its Chapter 11 bankruptcy protection process and emerged from one of the highest-profile retail collapses since COVID-19 began, the Dallas-based company disclosed. We emerge from Chapter 11 as a stronger, more innovative retailer, brand partner and employer.”. Neiman Marcus Holding Company Inc.

San Francisco 139

San Francisco New York City Houston Dallas 139

PYMNTS

OCTOBER 10, 2018

BuzzFeed is planning to open a toy store in New York City later this fall. New York Post reported that the store, called “Camp,” will be located in an 11,000-square-foot space in Manhattan’s Flatiron District. In fact, Rachel Shechtman, STORY’s founder, is an advisor on the BuzzFeed retail project.

New York City 116

New York City New York social media Retail 116

PYMNTS

OCTOBER 1, 2020

The Small Business Digital Readiness Diagnostic tool is intended to expand the New York-based global financial services company’s Digital Doors curriculum, which promises to ensure businesses have the right devices to maximize their digital presence. “In She introduced curbside pickup in June as customer behavior shifted.

Tools 262

Tools Cards Guidelines Online 262

PYMNTS

FEBRUARY 10, 2020

As retail owners face the challenge of decreased foot traffic and store closures brought on by the rise of eCommerce, mall owners have been aiming to change their properties with the introduction of dining options, entertainment and other features. Michigan-based Taubman manages, owns or leases 26 malls in Asia and the U.S.,

Detroit 132

Detroit Indiana Michigan Retail 132

PYMNTS

AUGUST 10, 2020

the New York-based athletic retailer, reported comparable store sales increased by 18 percent in the second quarter (Q2) that ended Aug. In June, Nike CEO John Donahoe said the financial crisis would likely see the athletics retailer cutting jobs after a $790 million loss in revenue in the fourth quarter (Q4).

Report 135

Report New York City New York Washington 135

PYMNTS

MAY 31, 2019

The London location joins the roster of Microsoft flagships in New York and Sydney, along with stores in the U.S., Kumar worked at Google as a VP and as general manager of video, display and analytics. retailers so far in 2019, compared to the 5,524 store closures for all of last year. In the U.K.,

Retail 108

Retail Puerto Rico St. Louis Video 108

PYMNTS

MARCH 9, 2020

The coronavirus could have wide-reaching effects on medical facilities, eCommerce retailers, technology and the economy as a whole. The eCommerce retailer told employees Sunday (March 8) that it would not count unpaid time off if they have to use it this month. Here are the latest updates on the coronavirus around the world.

Policies 141

Policies New York San Francisco Seattle 141

PYMNTS

JUNE 12, 2019

More than 100 Goodwill store locations ranging from New York to San Francisco are uploading products like collectibles, clothing and furniture to the platform to drive in-store and online sales. At the same time, Goodwill can manage item listings, product images, shipping, financial reporting, auditing and order management.

Regional 145

Regional San Antonio San Francisco New York 145

PYMNTS

SEPTEMBER 24, 2019

The ruling meant that online retailers could be mandated to collect sales tax — and taxes can be levied by states on firms that do not have physical presence in those states. One consideration is the fact that economic presence within a state means that retailers have to collect and remit taxes in those states.

Taxes 116

Taxes Retail Online South Dakota 116

PYMNTS

FEBRUARY 11, 2020

Called See You Tomorrow , its “re-commerce experience” will include an online marketplace and brick-and-mortar location housed in the Nordstrom New York City flagship store on 5th Avenue. It also manages resale programs for Arc’teryx, Eileen Fisher, Patagonia, REI and Taylor Stitch. Logistics are being handled by Yerdle.

New York City 124

New York City Marketing New York Los Angeles 124

PYMNTS

JUNE 13, 2016

There once was a time when recurring charges for a regular retail purchase were only copacetic in consumers’ eyes as a way to pay down a big-ticket item over time or the accepted retainer for high-priced fashion and design consultants. Now, however, the subscription model for retail is as normal as the one-off transaction.

Retail 100

Retail Mobile Apple Policies 100

PYMNTS

APRIL 24, 2020

For non-essential retail, once again rent is due and revenue is marginal. At least, however, landlords seem to be making accommodations for retail. For example, Empire State Building Trust, the owners of the iconic New York City midtown location, detailed its rent collection efforts in an April 23 call with analysts.

New York City 134

New York City Retail New York Operations 134