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. Alternative research and other market dynamics make such a scenario seem unlikely. percent of U.S.

Retail 131

Retail New York City Online Trends 131

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

CFPB Monitor

OCTOBER 25, 2022

Following up on a threat it made back in 2018 , the New York State Department of Financial Services (DFS) announced on October 6, 2022 that it entered into a consent order with Rhinebeck Bank (“Rhinebeck”) to settle discrimination claims involving discretionary dealer markups on retail installment contracts with minority borrowers.

New York 78

New York Lending Community Bank Community 78

PYMNTS

JANUARY 21, 2020

And nowhere is that aphorism better illustrated over the last decade than with the statistic that more than 90 percent of all retail sales took place at brick and mortar stores. It gave retailers the illusion that digital was the retail cart driven by the physical store horse. The answer, she noted, is complex.

Retail 168

Retail Innovation Data New York 168

PYMNTS

DECEMBER 16, 2020

16), the National Restaurant Association offered up seven public policy tenets that – in collaboration with delivery aggregators – are being billed as a “framework” for the delivery industry. That roster includes Washington State, New Jersey, Chicago and New York City. With data sharing, to boot.

National 160

National New York City Policies New Jersey 160

PYMNTS

JANUARY 15, 2019

With the possibility of a potential recession looming, among other factors, retailers may be rethinking major decisions. At National Retail Federation’s Big Show in New York on Monday (Jan. And Hunter noted that, among other factors, retailers are having a harder time getting workers than before.

Retail 116

Retail New York National Report 116

PYMNTS

SEPTEMBER 21, 2016

A little over a week after Tim Gunn excoriated the fashion industry for its plus-sized hostility, H&M has decided to pull plus-sized clothes out of all New York City locations, according to Revelist , an online news site aimed at millennial women. In the U.S. 2015, to $19.8 billion, and 3 percent in the 12 months ending Feb.

New York 100

New York New York City Millennials Trends 100

PYMNTS

MARCH 12, 2020

With a longtime presence in New York and surrounding suburbs, Modell’s has 153 stores mostly located in the northeast region. But it has now become the latest in an array of New York retailers to file for bankruptcy, following luxury retailer Barneys New York and grocer Fairway Market.

New York 144

New York Regional Retail Resources 144

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

AUGUST 17, 2016

Pixlee , a San Francisco-based startup, allows retailers or brands to market directly to customers by using their own photos through curating them from social media or having the customer directly submit them for use, which the company says leads to a more authentic and engaging shopping experience for consumers.

San Francisco 100

San Francisco Retail social media Marketing 100

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. The Economics.

Retail 118

Retail Strategy New York City Los Angeles 118

PYMNTS

MARCH 31, 2020

We do print ads locally, and we have a newsletter that goes to about 2,000 customers, but now we have a chance to be more national and even international,” Steffenson noted. ” According to the Art Basel and UBS Global Art Market Report of 2020, global sales of art and antiques reached $64.1

Marketing 151

Marketing Phoenix Online New York 151

Abrigo

APRIL 28, 2016

Small Business Administration What creates two out of three net new American jobs; produces close to half of our nation’s goods and services (nonfarm private GDP); and can be found, coast to coast, in every small town, big city and rural enclave? Tune in all week for live-streaming , beginning at 7:30 p.m. Every business starts small.

National 150

National San Jose Los Angeles United States 150

PYMNTS

JANUARY 3, 2020

Ouai , a hair and body care brand founded by celebrity hairstylist Jen Atkin, will roll out some of its merchandise in 1,200 Ulta Beauty locations in addition to the retailer’s website on Sunday (Jan. The retailer wrote in a tweet , “We’re starting off the decade with a big announcement: “@theouai by Jen Atkin is launching at Ulta Beauty!”

Retail 131

Retail Industry Branding Miami 131

PYMNTS

OCTOBER 10, 2018

By some accounts, the 2018 holiday season is going to be a bang-up year for retailers. retailers are expected to increase 4.8 percent this year, according to the National Retail Federation (NRF) — well above the 3.9 percent growth seen by the retail market one year ago. Holiday sales for U.S.

Retail 122

Retail United States Seattle Washington 122

PYMNTS

FEBRUARY 17, 2020

The eCommerce-physical location hybrid is marking 2020 with a presence at the world’s leading marathons throughout the year (New York City, Boston, Berlin, Tokyo and London) and is seeing a bounce in sales tied to a comeback in high-performance running shoes, which is a market Taylor is planning on entering with the Tracksmith brand.

Boston 175

Boston Marketing Training Branding 175

PYMNTS

APRIL 4, 2016

After years of slow growth brought on by the financial crisis, retail rents are recovering and are on the rise. That serves as good news for landlords and developers, but not great news for shop owners. percent, respectively, according to New York City-based research firm Reis Inc.

San Francisco 100

San Francisco Retail Denver New York City 100

PYMNTS

JANUARY 8, 2020

Because, as it turns out, there’s an awful lot in a name when it comes to getting a new idea off the ground – and if one misses the mark, the odds are quite good that consumers won’t get close enough to the product to determine whether its only problem is an unfortunate choice of moniker. But the branding came across somewhat differently.

Retail 130

Retail Los Angeles Branding San Francisco 130

PYMNTS

JULY 29, 2020

billion and intends to combine the iconic retailer with the Belk department store chain, the New York Post reported, citing an unnamed source. JCP is the lifeboat for Belk, which wants to compete with Macy’s nationally,” an unnamed source told the Post. Sycamore Partners is reportedly seeking to buy JCPenney for $1.75

Report 158

Report Retail New York Branding 158

PYMNTS

AUGUST 16, 2019

Brick-and-mortar retailers are teaming up with social media platforms to curate labels for their stores and their websites. Kohl’s , for instance, will bring emerging brands to over 50 physical retail locations and online starting in the fall through Curated By Kohl’s. In Other Brick-and-Mortar News.

Branding 101

Branding Retail social media Houston 101

Abrigo

DECEMBER 18, 2023

Takeaway 2 Advisors recommend that financial institutions look behind some of the headlines and examine their own markets before ruling out CRE altogether. But understanding trends in their own portfolios and local markets can allow lenders to identify risk-appropriate CRE credits. They’re not your hometown.

Risk Management 221

Risk Management Management Lending Capital 221

PYMNTS

JUNE 13, 2019

is launching the Columbia National Credit program with its new CNC Card, according to a release by the company. Launch of the credit card comes after a successful test run in New York. The company plans to have the card available to all of its markets by the end of the year.

Cards 128

Cards New York Delaware Arizona 128

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., In Other Brick-and-Mortar News . Louis test market reportedly saw foot traffic that exceeded the national average by 18.5 To keep tabs on the latest retail trends, check next week’s Retail Pulse.

Retail 108

Retail Puerto Rico St. Louis Video 108

PYMNTS

JANUARY 28, 2019

As noted in this space by Karen Webster, the ban on the ban – where, now, in New York, surcharges are allowed when merchants post total prices for transactions – shows the inefficiencies of regulation that supersede card networks’ own rules governing merchant activities. In New York this month, credit card surcharges got the okay.

Cards 125

Cards New York Oklahoma Connecticut 125

PYMNTS

DECEMBER 7, 2019

Santa: The Original Experiential Retail Strategy. Santa showing up in retail marketing, as far as historians can tell, dates back to the 1840s when some stores went as far as putting up life-sized models of jolly old St. And while much has changed in retail, Santa’s popularity has not. In fact, it is growing.

Retail 136

Retail New Jersey New York City Course 136

PYMNTS

SEPTEMBER 10, 2019

and midnight – when grocery “happy hour” begins at S-market’s 900 stores around the nation, at which point grocery items that are scheduled to expire at midnight tumble into deep-discount mode. Happy hour” at the S-market store in the working-class neighborhood of Vallila happens far from the liquor aisles and isn’t exactly convivial.

Kansas City 247

Kansas City Vermont Kansas National 247

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. All of the nation’s schools were previously shuttered until mid-March.

Policies 141

Policies New York San Francisco Seattle 141

PYMNTS

JUNE 2, 2020

The fashion retailer will partner with nonprofit Delivering Good , which works to pull in retailers, manufacturers, foundations and individuals to support those in impoverished or low-income situations, according to the release. “This donation will have such a positive impact on men, women and disadvantaged young adults.”

Los Angeles 136

Los Angeles Chicago New York Training 136

PYMNTS

DECEMBER 13, 2019

Although retailers kicked off an earlier shopping timetable, toy discounts have plummeted this holiday season, Bloomberg reported on Thursday (Dec. Big toymakers like Mattel and Hasbro have not introduced any new, blockbuster toys, leaving toy franchises that are already a year old or more to pick up the slack, according to the New York Post.

New York 131

New York Retail Online National 131

PYMNTS

FEBRUARY 16, 2018

As a result, our eCommerce business is now approximately $1 billion in annualized retail sales, and we are well-positioned to capitalize on what is sure to be a dynamic future in this space,” Nooyi told investors. And the numbers in this regard don’t lie: Physical retail is growing at a rate of about 3.6

Retail 124

Retail Branding Mobile Strategy 124

PYMNTS

SEPTEMBER 22, 2020

There’s arguably no more polarizing macroeconomic issue in the retail world than the fate of the American mall. The problems start with how retailers view and serve the customer. REITs are not exactly a source of good or even consistent news these days. But apparently they’re doing something right in Philadelphia.

Philadelphia 206

Philadelphia Retail DC Detroit 206

PYMNTS

NOVEMBER 8, 2016

So where to next for the omnichannel retail giant? The move comes as part of a larger targeting of Southeast Asian markets, according to TechCrunch , starting with beginning selected regional services in Singapore in the first quarter of 2017. That’s less than New York City. Singapore, it turns out.

Regional 148

Regional New York City National Google 148

PYMNTS

MAY 18, 2017

Short-term retail rental startup Appear Here , a company whose marketplace was built to serve the growing ‘pop-up’ trend in retail, just recently raised some $12 million in a Series B venture funding round. as well as internationally, breaking into Paris and more recently New York City.

New York City 100

New York City New York Retail Online 100

PYMNTS

AUGUST 24, 2020

The services are not currently registered as distinct entities, although they are provided to users in the nation. The news comes as a new Indian equalization measure came into existence in 2020 that puts a 2 percent tax on every digital transaction that foreign online shopping firms conduct.

social media 152

social media Data Apple Compliance 152

PYMNTS

JUNE 22, 2016

They were one of many retailers pegged with a constellation of issues that seemed to be stuck on some kind of particularly punitive version of repeat this year. While Target’s losses were in the 5 percent range, Macy’s were big enough (and Macy’s itself is a big enough retail tent pole) to spook investors.

Retail 101

Retail Policies New York Report 101

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. The model has grown by 300 percent year over year, with one in two orders on the platform placed via Unlimited, across multiple markets.

Los Angeles 151

Los Angeles Management New York Tools 151

PYMNTS

JUNE 19, 2020

Amazon and Italian luxury brand Maison Valentino filed a lawsuit against a retailer Thursday (June 18), alleging the company sold counterfeit goods as the trade in the so-called “gray market” continues to draw attention. It’s run through Homeland Security’s National IP Rights Coordination Center.

social media 181

social media United States Branding National 181