PYMNTS

MARCH 20, 2020

With the current health emergency retailers face unprecedented issues. Closing stores, limiting hours, changing order patterns, remote work — all of these issues have joined basic survival as retailers contend with sudden and unpredictable challenges during the coronavirus pandemic. 1: Employees. Read the fine print in the lease.

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Retail New York City Analysis Resources 176

PYMNTS

JULY 16, 2020

All four companies — as well as other retailers — are fitting into the framework of a platform PYMNTS calls Digital 3.0 So far, retailers have done a decent job here. The retailers mentioned at the beginning of this piece have taken a stance on health that should have been taken by federal and local governments.

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Retail Apple Examples Marketing Strategies 155

PYMNTS

FEBRUARY 14, 2020

For retailers, perhaps especially those luxury goods sellers weathering the storm of the coronavirus, Friday (Feb. Bloomberg reports that record spending on this holiday may give a lift to specialty retailers, as estimated by the National Retail Federation (NRF). percent of the retailer’s annual sales.

Retail 109

Retail Michigan Survey National 109

PYMNTS

JANUARY 18, 2017

The National ATM Council (NAC) argued in testimony to the Committee on Consumer Affairs of the New York City Council last week that a proposed ordinance would impose costly and burdensome new security regulations on ATM operators all around the city. said Renard in the same press release. “In said Renard in the same press release.

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ATM National New York City New York 100

PYMNTS

JANUARY 20, 2020

New evidence of that — part of the broader trend of the existential changes in the world of brick-and-mortar retail, changes that are gaining more focus this month — comes from reports that stationery chain Papyrus is closing up shop. The chain had since expanded to some 260 or so retail locations. Total retail growth was 3.8

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Retail Millennials Cards social media 183

PYMNTS

AUGUST 13, 2019

Not only is it a big time for retail but, in a sense, a kind of dress rehearsal for the upcoming all all-important holiday shopping season. Retail back-to-school spending for families will hit an average of $696.70 last year, according to the National Retail Federation , a trade group. this year, up from $684.79

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Retail Innovation Course Trends 127

PYMNTS

AUGUST 21, 2019

retail expert. Companies prefer to sell items via authorized sellers or licensing deals as it offers them greater control when it comes to the pricing and presentation of products. In the case of a no-deal Brexit, an “explosion” in grey market goods could occur per a U.K. Geometry U.K.

Marketing 123

Marketing Retail Branding National 123

PYMNTS

APRIL 12, 2016

It’s what’s turned the retail word upside down as consumers with their mobile devices have decided they’d rather buy from their couch with their mobile phone than schlep to the mall. In other words, kick the door wide open to remote retail. Meeting the consumer where they are. That’s the mantra of innovators everywhere.

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Retail Technology Chicago Samsung 100

PYMNTS

JULY 23, 2019

Businesses and consumers are unlikely to change their payment preferences until two conditions are met: they both feel the pain of slow legacy systems and are presented with an easy-to-adopt alternative. The country recently announced that it will no longer process checks on its national payment system.

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Retail System Payments Resources 131

PYMNTS

JANUARY 8, 2020

Case in point, Stockwell: a self-service retail venture that got off on a very wrong foot with customers by, among other things, choosing the wrong name. Bodega’s widely stocked vending machines were presented as a disruptive alternative to mom-and-pop shops and genuine bodegas everywhere.

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Retail Los Angeles Branding San Francisco 130

PYMNTS

SEPTEMBER 15, 2020

To that end, Bloomberg reported at least some financial regulators from the European Union say there need to be strict controls governing central bank digital currencies in place — and Libra (among other private efforts) may present a threat to financial stability.

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Boston Retail Meeting Maine 227

PYMNTS

FEBRUARY 14, 2020

We have deep dives into unattended retail, rapid settlements and cybersecurity, as well as news on Mastercard receiving the go-ahead from China’s central bank to set up a bank clearing business. NEW DATA: Consumers Like Cashier-less Retail But Retailers Aren’t Hitting The Mark. Wells Fargo CEO Reorganizes Business Units.

Retail 141

Retail Cards Millennials Fraud 141

PYMNTS

MARCH 25, 2016

An inherent truth of the retail industry — that consumers, at the end of the day, wield the ultimate power in determining what products and companies succeed — can even be applied to entire business models.

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Retail United States National Utah 100

PYMNTS

JULY 2, 2020

Walmart is also changing 160 of its retail location parking lots into drive-in cinemas in which shoppers can safely come together to enjoy movies. The retailer will launch the experience in places throughout the nation for 320 overall screenings.

Retail 226

Retail Community National Online 226

PYMNTS

DECEMBER 12, 2019

The thefts — which retailers call shrink — will result in lower operating profit margins in 2020, Home Depot executives told analysts and investors during a meeting. This is happening everywhere in retail,” Craig Menear, chief executive officer said. “We We think this ties to the opioid crisis, but we’re not positive about that.”.

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Atlanta Retail Study New York 201

PYMNTS

JANUARY 21, 2021

Saks Fifth Avenue CEO Marc Metrick said luxury retail could be called “comfort food” for those mired in pandemic-related stress, CNBC reported. 21) during a virtual presentation at the National Retail Federation ’s Big Show event , CNBC reported. He said people shopping for luxury products “want the experience.”.

Retail 172

Retail Report Online National 172

PYMNTS

FEBRUARY 29, 2016

Recent data indicate that in the not-so-distant future, the retail marketplace will be employing far, far fewer people — if you live in the U.K. As of right now, retail employs about one-sixth of retail workers — or around 3 million people. national minimum. by 2020.”.

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Retail National Industry Survey 100

PYMNTS

DECEMBER 7, 2019

Some holiday traditions are easy to explain — things like wrapping presents, drinking hot chocolate and baking cookies are all neatly summed up with the knowledge that the vast majority of people like opening presents and eating cookies. Santa: The Original Experiential Retail Strategy. In fact, it is growing.

Retail 136

Retail New Jersey New York City Course 136

PYMNTS

DECEMBER 20, 2019

Bigger sales mean more returns as retailers ready themselves for a flood of unwanted merchandise that is anticipated to top $40 billion, CNBC reported on Friday (Dec. 1 stressor for the retailers.”. And retailers have to figure this out to be able to compete in this marketplace.”. However, the returns are quite costly.

Retail 142

Retail Study Survey Online 142

PYMNTS

SEPTEMBER 2, 2016

As the run-up to retail’s big season is getting ready to get underway, the nation’s retailers have a big, big problem at the ports. A problem that has now gotten severe enough that they are looking to the federal government for assistance. The problem is not American in origin. She further noted the challenges U.S.

Retail 102

Retail Los Angeles United States Maine 102

PYMNTS

JULY 3, 2020

Many consumers suddenly turned to eCommerce for items they previously purchased in stores, transacted in different frequencies and found new retailers. States are now enabling some brick-and-mortar retailers to reopen, which is causing another major shift in buying habits. Defending Agains Fraud During Periods Of Reopening .

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Fraud Cards Tools Florida 180

South State Correspondent

DECEMBER 8, 2023

We sat through almost every presentation and took pages of notes. Every Bank Has a Certain Level of Small Business Banking Channel Confusion While few said it, almost every major bank implied some level of channel confusion with small business banking as it overlaps with retail, commercial, and specialty lines of business.

Conference 195

Conference Retail Community Bank Technology 195

PYMNTS

JANUARY 14, 2021

27 in the retail goods space among the organization’s owner credit unions were up 26.2 percent market rate that the National Retail Federation (NRF) had predicted, according to the release. percent of card present activity on contactless credit cards. Purchases between Nov. percent for debit and 18.1 percent to 5.2

Innovation Strategies 155

Innovation Strategies Cards Analytics Survey 155

PYMNTS

APRIL 29, 2020

The eCommerce retailer has noted previously that it “strictly prohibits” fakes on its platforms and works to guard shoppers from those kinds of products. The list has encompassed Taobao.com over the years in addition to websites run out of Poland, the Czech Republic and Indonesia, among other nations.

Report 175

Report Marketing United States Retail 175

PYMNTS

FEBRUARY 29, 2016

Last week, Sears CEO Edward Lampert got personal as he went into detail about the retailer’s continuing woes and the challenges it (and many other “old-line” retailers like it) face in a rapidly changing industry. According to a new projection from National Retail Federation, retail sales are estimated to grow just 3.1

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Retail Branding Taxes Operations 100

PYMNTS

MAY 26, 2020

Faire said: “This has raised a common question for brands and retailers: How can we safely connect and continue doing business under this new set of risks?”. According to the statement, Faire brands and retailers will receive year-round access to the following: Virtual showrooms that will allow retailers to view entire catalogs.

Online 131

Online Branding Video Retail 131

PYMNTS

OCTOBER 9, 2020

euros (at least at present). The BIS report issued this week that focuses on “foundational principles” defines a CBDC as “a digital payment instrument, denominated in the national unit of account, that is a direct liability of the central bank.”. Beyond that, national efforts are piecemeal. of course, is not standing still.

National 175

National Boston Examples Course 175

PYMNTS

NOVEMBER 3, 2020

According to Ashish Jhina , co-founder and chief operating officer of B2B eCommerce platform Jumbotail , there is a significant opportunity to digitize India's food and grocery supply chains, and for these small retailers to embrace online commerce. The retailer has to go to a large wholesale market. Catalyzing The Payments Ecosystem.

Payments 211

Payments Retail United States Online 211

PYMNTS

DECEMBER 21, 2016

CashStar’s newest addition to the gifting space, the Product eGifting solution for retailers, aims to improve buyers’, receivers’ and merchants’ experience in the gifting process, which, until now, had the nasty tendency to get a bit complicated. The returns process doesn’t just present a hassle to consumers.

Retail 100

Retail Portland Cards National 100

PYMNTS

SEPTEMBER 17, 2020

In notes on its most recent (August) meeting of the bank’s Payments System Board, the members said that “at present there is not a strong public-policy case for issuance in Australia, given that the electronic payments system in Australia compares very favorably with those in many other countries and access to cash remains good.”.

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Policies Boston Examples ATM 181

PYMNTS

NOVEMBER 19, 2020

Visa will be working with the National Football League (NFL) on fully digital, cashless payments for the Super Bowl, a press release says. It will apply to everything including parking, concessions, retail, mobile ordering and other such things, the release says.

ATM 201

ATM America Cards Payments 201

PYMNTS

JULY 25, 2017

In recent studies, as noted by EKN Research and Radial, developed nations are seeing an increase in card not present (CNP) fraud, which now accounts for as much as 70 percent of all card fraud and is growing at double-digit percentage rates in some nations. . BI Intelligence reported news that retailers declined $8.6

Fraud 120

Fraud Retail Cards National 120

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. Weakening mall asset fundamentals and fewer willing investors will present ongoing financing problems.”.

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Philadelphia Retail DC Detroit 206

PYMNTS

OCTOBER 6, 2019

Go Global Retail announced its plans to acquire the assets of ModCloth from Walmart. ModCloth offers exclusive indie and vintage-inspired women’s clothing, shoes, handbags and accessories for 18- to 35-year-old women, while Go Global Retail is a brand investment platform for strategic investors in the consumer sector.

Retail 129

Retail Branding Strategy Digital Strategies 129

PYMNTS

JUNE 4, 2016

Early reports suggest that consumers really like Connie, as they have shown when presented with automation much less sophisticated than Connie. Some believe the rest of the nation should be following that example. Which leaves retailers with one of two choices. Which leaves retailers with one of two choices.

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Software Retail New York City ATM 100

PYMNTS

DECEMBER 20, 2018

adults plan to shop on “Super Saturday” for holiday presents, spending an average of $173 in-store and online. And Johnson said that retailers should be happy about what day Christmas happens to fall on this year. In October, a National Retail Federation (NRF) survey found that consumers are expected to spend an average of $1,007.24

US 119

US National Retail Taxes 119

PYMNTS

DECEMBER 2, 2019

Research from the National Center for Transgender Equality illustrates that members of transgender and non-binary communities can experience discrimination and harassment when the names on their cards don’t match their physical appearance. As of Monday (Dec.

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Community Cards National Retail 166