PYMNTS

SEPTEMBER 7, 2020

4) jobs report brought good news to the nation’s retail sector as it added nearly one quarter of a million jobs in August. It’s encouraging to see retailers bring back these jobs,” Sonia Lapinsky, a managing director at AlixPartners, the Michigan-based consulting firm, told the newspaper. Last Friday’s (Sept.

Retail 179

Retail US New York City Michigan 179

PYMNTS

JANUARY 7, 2021

In today’s top retail news, Walgreens Boots Alliance, Inc. reported that its Retail Pharmacy USA segment had $27.2 Walgreens Retail Pharmacy USA Reports $27.2 reported as part of its Q1 fiscal 2021 earnings that its Retail Pharmacy USA segment had $27.2 Billion In Sales. Walgreens Boots Alliance, Inc.

Retail 172

Retail New York City New York Texas 172

PYMNTS

AUGUST 6, 2020

Real estate trends for retailers are back in the news this week, as the pandemic-driven brick-and-mortar market starts to produce new business models and a fair amount of stability. The new business model involves leasing options for the retail sector. retail portfolio valued at $5.9 which owns 32.5

Retail 154

Retail Analytics New York Examples 154

PYMNTS

JULY 18, 2017

The Bank of New York Mellon announced Monday (July 17) that it named Charles W. In a press release announcing the news, the company said Scharf, who was most recently CEO and director of Visa, will become chairman of the board of directors effective January 1, 2018.

New York 100

New York Leadership Technology Management 100

Bank Innovation

SEPTEMBER 7, 2016

Artificial intelligence is set to challenge traditional technologies in financial services, if the startups that demoed at BBVA Open Talent in New York today are any indication. The BBVA Open Talent Challenge is part of Next Money NYC. Today’s event is one of three regional finals, from which a few Read More.

New York 150

New York Regional Technology Operations 150

PYMNTS

SEPTEMBER 29, 2020

Bankruptcy filings are surging in New York City with almost 6,000 closures, representing a 40 percent increase, according to Bloomberg , and it's forecasted to keep getting worse. New York's Metropolitan Opera announced cancellations for its entire 2020-21 season, which CNBC called "ominous" for all other performing groups.

New York 224

New York New York City Taxes Community 224

PYMNTS

SEPTEMBER 1, 2020

When speaking with Tai Lopez , the executive chairman of one of the more disruptive retail companies in the pandemic period, it could be expected that the conversation would center around one topic: retailing. But that hasn’t stopped the whisper machine surrounding the retail industry from doubting his methods or business model.

Retail 142

Retail New York City New York Branding 142

PYMNTS

SEPTEMBER 5, 2019

Luxury retail is being revised — and in some cases, reinvented — and those trends are worth attention as the 2019 holiday shopping season approaches. Not only that, but the luxury online consignment retailer opened a brick-and-mortar store on New York City’s famed Madison Avenue. Indeed, in its recent U.S. Barneys Woes.

Retail 123

Retail New York New York City Philadelphia 123

PYMNTS

MAY 7, 2020

State governments are dropping the ball on retail reopenings. As the week plays out, inconsistent direction and confusion have been standard with New York, Texas, California and Hawaii getting criticized by retailers big and small. After making the statement, Simon retracted it, pledging cooperation with local officials.

Retail 141

Retail Texas Guidelines New York 141

PYMNTS

JANUARY 27, 2021

Minna co-founders and CEO Joakim Sjöblom and Chief Operating Officer Jonas Karles told PYMNTS that getting a better handle on subscription spend can be done through retail banking channels, boosting financial institutions’ own revenue streams. Subscription management is part of that. Embracing The Subscription .

Management 181

Management Technology Cards Retail 181

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

Bank Innovation

SEPTEMBER 25, 2018

Based in New York, Debitize helps consumers manage their credit cards and bills and thus avoid fees while building credit. Debitize, a graduate from Bank Innovation's sister accelerator INV Fintech, announced today it has acquired rival Debx for an undisclosed amount.

Management 150

Management New York Innovation Fintech 150

PYMNTS

OCTOBER 11, 2016

Just as the world was wondering if Google could really support its fancy new phones (and their fancy new price point) without retail stores to call its own, Google decides to surprise everyone by opening up some stores. More accurately, Google will be bringing a “Made by Google” pop-up shop to NYC on Oct.

New York 100

New York Google New York City Apple 100

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.

Management 162

Management New York Tools Conference 162

PYMNTS

NOVEMBER 12, 2018

Walmart plans to bring an Intelligent Retail Lab to a Levittown, New York, store to experiment with customer and associate experiences. In one case, the retailer could use the technology for inventory: It could reorder items when a store is running low. The lab team is also reportedly inside the retailer’s Store No.

Retail 165

Retail Dallas Texas New York 165

PYMNTS

FEBRUARY 7, 2020

The rise of eCommerce has been an inexorable one, and the retail landscape has shifted for retailers. In a statement earlier in the week, Macy’s CEO Jeff Gennette said there is a “clear vision” moving forward, as Macy’s seeks to “fit into retail today.” Welcome, perhaps, to the mauling of the Great American Mall.

Retail 143

Retail New York Analytics Apple 143

PYMNTS

JANUARY 4, 2019

Luxury retail company Saks Fifth Avenue is closing a two-year-old location at Manhattan’s Brookfield Place, a move that spotlights the intensifying competition from other high-end retailers for physical space amid shoppers’ exodus to online shopping. Physical U.S. department store sales declined 1.3

Retail 134

Retail New York Maine Online 134

PYMNTS

JANUARY 24, 2019

Before consumers started to trade brick-and-mortar shopping experiences for eCommerce websites, retailers could bring customers through their doors with window displays. According to the PYMNTS Virtual Reality In Retail Report , there are expected to be 100 million AR/VR headset users by 2022.

Retail 204

Retail Training New York City Technology 204

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 12, 2019

The obituary for brick-and-mortar retail has been written many times. But recent developments show there is still life — and perhaps even new life — in physical commerce. The results of a new survey found that most people — around 77 percent — plan on returning some of their gifts this holiday season, according to reports.

Retail 131

Retail Milwaukee New York City New York 131

PYMNTS

FEBRUARY 10, 2020

In the name of closing that gap, Visa headed into its third season of tech partnership with New York Fashion Week — this year, with a special focus on female entrepreneurs. “We The simple answer is we want to give brands and retailers the power to manage and monetize their products beyond the point of sale,” Franck said.

Retail 190

Retail Branding New York Tools 190

PYMNTS

FEBRUARY 24, 2020

As 2020 unfolds, the retail business has been dramatically altered. But with consumer spending holding steady, it’s important for retailers to grasp the opportunity to create innovative ways to get, keep and grow customers. And retailers that deploy experiential tactics drive repeat purchases at rates nearly twice those who don’t.

Retail 210

Retail Branding New York City Indiana 210

PYMNTS

JANUARY 8, 2020

In today’s top news, CitiGroup named David Chubak to head its retail banking division, lawmakers in New York proposed a public eBanking system similar to Venmo and Goldman Sachs created a new division in its reporting process to highlight its consumer focus. Citigroup Names New Retail Banking Leader.

System 131

System Retail New York Payments 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

PopularBank

JUNE 21, 2022

Popular Bank is thrilled to welcome Bertha Rozier as SVP of Retail and US Transformation. Based in New York, Bertha will oversee our retail business, leveraging her experience leading multi-disciplinary business units and her expertise in marketing, product, and customer experience.

Retail 52

Retail US Miami New York 52

PYMNTS

JANUARY 8, 2020

Citigroup named David Chubak, 39, to head the retail banking division in the U.S., Chubak will head all retail sectors — branches, mortgages, wealth, risk management and small business, according to the memo. the company announced on Tuesday (Jan. consumer banking division, according to a memo obtained by CNBC.

Retail 101

Retail New York Risk Management Customer Experience 101

PYMNTS

MARCH 12, 2020

Amazon ’s New York expansion plans will now include the former Lord & Taylor building in downtown Manhattan, as the eCommerce company announced that it will purchase the storied building from office sharing startup WeWork , according to the New York Post.

New York 168

New York Retail New York City Management 168

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. Bed Bath & Beyond Strikes Deal To Sell Cost Plus World Market.

Branding 131

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PYMNTS

JULY 26, 2016

Starbucks announced on Monday (July 25) changes to its management structure in an effort to open new retail concepts, such as “upscale” coffee shops and bakeries.

Retail 100

Retail Management Seattle New York 100

PYMNTS

JANUARY 14, 2020

Retail is about more than the products being sold or the technology being used. That change is being reflected at the NRF annual event commonly called “Retail’s Big Show,” which ends on Tuesday (Jan. 14) in New York City. Increasingly, store associates are becoming more important to the mix. Teen Workers.

Retail 131

Retail New York City Training New York 131

PYMNTS

SEPTEMBER 23, 2019

When SHOWFIELDS opened up in New York City a little under a year ago, just in time for the 2018 holiday season, it advertised its experiential retail concept as “the most interesting store in the world.” All revenue from sales earned within SHOWFIELDS are the merchant’s to keep.

Retail 123

Retail New York City New York Branding 123

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

AUGUST 9, 2019

Outdoor apparel retailers are reinventing their brick-and-mortar spaces to connect with customers by making stores into destinations that offer experiences. In the updated retail space, the company said, customers will “immediately feel The North Face heritage and experience the brand’s values.”

Retail 108

Retail New York City New York United States 108

PYMNTS

JUNE 21, 2019

These hubs for travel retail, which are providing an audience of on-the-go travelers as U.S. However, the company’s luxury unit is continually on the uptick — and travel retail is said to be partly responsible. Luxury brands are looking to catch the attention of travelers who might be willing to explore new products.

Retail 101

Retail Branding New York City Houston 101

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

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