PYMNTS

AUGUST 24, 2020

Corporates cannot expect to weather the economic and social changes taking place by virtue of their market clout and mastery of traditional supply chains and distribution channels. This environment requires enterprise-scale companies to forge new digital paths to market and form more direct relationships with consumers and end-users.

Retail 216

Retail Report Case Study Study 216

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. It reported 52.4 Through May 15, only 51.35

Retail 130

Retail Report Payments Maryland 130

PYMNTS

DECEMBER 16, 2020

In today’s top retail news, Benetton Group is teaming once more with EDITED, while CarLotz Inc. reported that revenues rose 12 percent for the third quarter of 2020. Benetton Group Teams With Retail Intelligence Firm EDITED. EDITED Retail Market Intelligence provides live data on more than 140,000 brands and retailers.

Groups 192

Groups Retail Report Branding 192

PYMNTS

APRIL 29, 2020

In the “Notorious Markets” report by the Office of the U.S. The office pointed out claims of counterfeit merchandise sold on the eCommerce retailer’s sites in the United Kingdom, Canada, India, France and Germany, Reuters reported. Amazon did not reply immediately to a Reuters request for comment. on the list.

Report 175

Report Marketing United States Retail 175

South State Correspondent

SEPTEMBER 2, 2022

Goldilocks Appears in August Jobs Report. The largest gains came in healthcare, professional and business services, and retail trade. So, of the 783 thousand new entrants to the labor market in August nearly half were still looking for a job during the mid-month survey. Expectations were for it to lift a tenth to 62.2%.

Report 195

Report Marketing Survey Retail 195

PYMNTS

OCTOBER 31, 2018

However, AR is now rewriting the rules of the retail game. A growing number of retailers are leveraging the technology to entice customers with a “try before you buy” shopping experience, having already been adopted by several big names in retail, including the likes of Walmart and Target.

Retail 173

Retail Report social media Samsung 173

PYMNTS

FEBRUARY 27, 2020

The resale market is turning out to be one of the hottest trends of the young new year, and is gaining momentum as brick-and-mortar retailers roll out high-end resale platforms. And personalized messaging can be a deal-breaker or deal-maker for shoppers, per a new report, but privacy is paramount. resale market.

Retail 130

Retail Marketing Data Trends 130

PYMNTS

OCTOBER 15, 2020

In a roundup of today’s top retail stories: The automotive market continues its comeback with a digital spin, conversational commerce is the next big pandemic-fueled trend, and Tiffany said that its preliminary sales results for August and September 2020 are positive. Conversational Commerce Finds Its Voice in Digital Retail.

Retail 206

Retail Marketing Trends Apple 206

PYMNTS

OCTOBER 8, 2020

reported on Thursday (Oct. 8) global retail sales growth excluding foreign currency impact of 14.8 The executive said the company had many markets that continued to create formidable retail and same-store sales growth such as China, Japan and Germany, among others. “In Domino’s Pizza, Inc. percent , with U.S. million.

Retail 130

Retail Report Operations Marketing 130

PYMNTS

JANUARY 20, 2021

In today’s top retail news, Birkenstock is said to be in discussions for a sale to CVC Capital Partners, while Cognira has released its AI Promotion Solution. Plus, Jennifer Lopez is depending on Flowcode for marketing of her new JLo Beauty brand. Cognira Rolls Out AI Promotion Suite For Retailers.

Retail 239

Retail Google Capital Branding 239

Accenture

OCTOBER 4, 2021

Credit Product Penetration of Retail Sales Shopping experience refresh “We are excited to pilot a virtual store staffed by dedicated associates … but with no physical customers. The post Q2 2021 US retailer payments commentary appeared first on Accenture Banking Blog.

Retail 221

Retail US Payments Marketing 221

PYMNTS

SEPTEMBER 21, 2020

For retailers, the fourth quarter of 2020 is likely to see a media blitz that will make other years pale in comparison. Unspent budget from big box retailers will be let loose as early as Oct. There are many critical aspects to SMB retail media strategy but two stand out this year: when to advertise and where to advertise.

Retail 169

Retail social media Marketing Branding 169

PYMNTS

AUGUST 7, 2020

Companies that have filed for Chapter 11 bankruptcy are using the court protection to end long-term lease agreements early and close thousands of stores, reported Bloomberg. But the ripple effects are daunting, as the moves could threaten the half-trillion-dollar market for commercial mortgage-backed securities. Penney Co.,

Retail 354

Retail Groups Report Payments 354

PYMNTS

JANUARY 8, 2021

Retail rents have plummeted to historic lows in New York City amid the COVID-19 pandemic, as bankruptcies and vacancies penetrated the area, CNBC reported on Friday (Jan. And 11 areas saw an increase in available retail space on the market, from 6 percent up to 67 percent.

Retail 249

Retail New York City New York Report 249

PYMNTS

MARCH 2, 2020

s most high-profile retailers is doing well in the U.S. and another one is ready to open, both of them seeking a new market as their home turf sees retail struggles. s fastest growing brick-and-mortar retailer, Wren Kitchens. location this summer in Milford, Connecticut, according to reports. One of the U.K.’s

Retail 132

Retail Marketing US Connecticut 132

PYMNTS

JANUARY 18, 2021

Every year for the last 110 years , members of the retail trade group, known as the National Retail Federation (NRF), have assembled to discuss the slate of issues pertinent to its members. COVID-19, of course, didn’t cause physical retail’s steep decline — it just accelerated it. Retail is now about logistics and the last mile.

Retail 309

Retail Online Maine Branding 309

PYMNTS

MARCH 10, 2020

In today’s top payment news, retail remains a bright spot in the markets, Ant Financial has rolled out a strategy for digital evolution in China, and the Consumer Financial Protection Bureau (CFPB) filed a suit against a Cincinnati-based bank. Payments Stocks Plummet While Retail Remains A Bright Spot.

Strategy 197

Strategy Retail Marketing Payments 197

PYMNTS

DECEMBER 24, 2020

When it’s said and done there was only one story that mattered in the retail universe this year and it was the rise of the digital-first economy. The latest research shows 40 percent of surveyed shoppers report doing fewer activities in stores and more activities online — this is up from the 12 percent who reported doing so on March 6.

Retail 295

Retail Branding Minneapolis Trends 295

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

MARCH 13, 2020

After it was forced to shutter its retail locations in China because of the spread of COVID-19, Apple Inc. The closures were one of the main reasons the tech company cited for removing its March quarter sales outlook, Bloomberg reported. China is the third-largest market for the tech company.

Apple 265

Apple Operations Retail Maine 265

Abrigo

JUNE 5, 2020

This morning’s employment situation report for the month of May was genuinely amazing – and unexpected. Market expectations were for a headline unemployment rate of about 19.7% Government employment generally fell while the private sector, with the exception of some retail and some health care, generally rose. million jobs.

Report 195

Report Marketing Retail Lending 195

PYMNTS

MAY 13, 2019

In the unattended retail space, vending operators are also becoming more aware of the shifting behaviors of their shoppers and the need for swift and digital payment options. The estimated value of the global intelligent vending machine market by 2025 is $15 billion. And digital disruptors are putting a new spin on vending machines.

Retail 177

Retail Marketing eBook Atlanta 177

PYMNTS

MAY 22, 2020

reported total Q1 sales of $1.8 The retailer said it wasn’t reporting comparable-store sales, as its shops were open for less than seven weeks of the 13-week period, per an announcement. Additionally, the company reported a net loss for Q1 2020 of $306 million compared to net income of $421 million in 2019.

Report 240

Report Retail Operations Trends 240

PYMNTS

JUNE 17, 2020

The dramatic consumer shift to Digital 3.0 — predicted months ago by the PYMNTS COVID-19 tracker work — is accounting for almost half of the retail growth in the US. That’s the key finding from a new report from Deloitte, whose data is actually lacking the May sales spike of 17 percent. is not the only country seeing the shift.

Retail 231

Retail Online Course Report 231

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

SEPTEMBER 21, 2020

retailers during the holiday shopping season, the Financial Times (FT) reported. The shortages come from an unexpected surge of customer demand, which took retailers by surprise after they had cut orders for new merchandise in the spring as countrywide lockdowns were starting and the job market was bottoming out.

Retail 205

Retail Analysis Report Tools 205

PYMNTS

DECEMBER 28, 2020

Discount supermarket retailer Save A Lot unveiled the sale of 51 retail locations run by the company in the Tampa, Florida market to existing Save A Lot Retail Partner licensee Fresh Encounter. The latter company will keep running the retail locations with the Save A Lot name, according to a Monday (Dec.

Retail 265

Retail Tampa Florida Community 265

CB Insights

MARCH 20, 2023

Digital banking transformation companies include omnichannel retail banking suites and multiproduct offerings that assist banks with digital transformations, from online opening and onboarding to customers’ mobile app experiences. Want the full expert post? Become a CB Insights customer. If you’re already a customer, log in here.

Digital Banking 64

Digital Banking Trends Report Marketing 64

Abrigo

OCTOBER 21, 2020

Key Takeaways Trepp's head of Commercial Real Estate Finance outlined the current CRE market and looked at the future of CRE during Abrigo's recent ThinkBIG conference. This post by Hayley Collier , Trepp's Marketing Communication Specialist, was originally published on Trepp's blog and can be found here. The pandemic's impact on CRE.

Marketing 312

Marketing Lending Risk Management Retail 312

CB Insights

MARCH 10, 2023

Cloud-based core banking markets include cloud-native and cloud-based software-as-a-service (SaaS) platforms that integrate with or replace banks’ existing core systems. The post Market Trend Report: Cloud-based core banking for banking leaders appeared first on CB Insights Research. What is cloud-based core banking?

Trends 66

Trends Report Marketing Software 66

PYMNTS

AUGUST 21, 2019

In the case of a no-deal Brexit, an “explosion” in grey market goods could occur per a U.K. retail expert. The term “grey market” references legitimate items sold through legal but unauthorized sellers; by contrast, a “black market” describes counterfeit products or illegally traded scarce goods, CNBC reported.

Marketing 123

Marketing Retail Branding National 123

PYMNTS

JANUARY 7, 2021

Bitcoin hit more than $37,700, a new record high that helped drive the cryptocurrency market beyond $1 trillion, CNBC reported on Thursday (Jan. Since the start of 2021, the cryptocurrency market is up 29 percent, and in the past 12 months, it is more than 380 percent higher. 6) and trading above $1,200, CoinDesk reported. .

Bitcoin 332

Bitcoin Marketing cryptocurrency Retail 332

PYMNTS

NOVEMBER 8, 2020

Future Retail is attempting to prevent partner Amazon from meddling further in its $3.4 eCommerce giant in a New Delhi court, Reuters reported. Now, Reuters reported Amazon is lodging a complaint with India's market regulator. percent stake in Reliance Retail. But Future said that order is non-binding.

Retail 230

Retail Industry Regional Groups 230

PYMNTS

FEBRUARY 11, 2020

who would like to buy a wide variety of products and services through unattended retail channels, such as vending machines, self-service kiosks and even fully automated stores. This indicates not only a major gap between the demand for and supply of unattended retail options, but a huge potential for market growth. There are 48.7

Retail 153

Retail Data Examples Report 153

PYMNTS

FEBRUARY 25, 2020

Retailers are facing a personalization paradox. It’s illustrated in a new report from Episerver , which shows that personalized messaging can be a deal creator or deal breaker for consumers. It’s illustrated in a new report from Episerver , which shows that personalized messaging can be a deal creator or deal breaker for consumers.

Retail 202

Retail social media Study Security 202

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

AUGUST 31, 2020

There’s a storm brewing in the Indian retail scene, with Amazon at its center. Over the weekend, Reliance Industries – the company owned by India’s richest man, Mukesh Ambani – purchased Future Group ’s 2,000 retail stores and the Big Bazaar grocery chain. billion consumers. “At

Retail 263

Retail Online Groups Industry 263