PYMNTS

JANUARY 3, 2020

Looking past the cheerful numbers tied to holiday shopping and the tens of billions of dollars spent on Black Friday, Cyber Monday and into Christmas, the decline of retail, at least the traditional retail model, continues into the new year, and across oceans. The retail sector is among the largest employers in the U.K.,

Retail 131

Retail Samsung National Taxes 131

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

Banking Exchange

JANUARY 25, 2023

Biggest regional banks should be held to same standard as the largest national institutions, says ICBA Community Banking Feature3 Feature Retail Banking Compliance Compliance/Regulatory

Community Bank 78

Community Bank Community Compliance Regional 78

Banking Exchange

NOVEMBER 24, 2021

Regional and community banks received high ratings from customers, while national banks, and super-regional banks trailed behind Community Banking Feature3 Feature Customers Retail Banking.

Community Bank 88

Community Bank Regional Community National 88

PYMNTS

MAY 21, 2019

Banking service Monese now offers Apple Pay through 13 countries in Europe , as the digital payment service has also arrived at National Australia Bank (NAB). retailer Iceland has seen encouraging results from a mobile wallet technology pilot during a marketing campaign. Users who reside in Belgium, the U.K., And in the U.K.,

Apple 108

Apple Retail Mobile National 108

Bank Innovation

JANUARY 2, 2020

Gartner’s Digital IQ Index for 2019 surveyed 80 banking and financial brands, including national banks, regional banks, online banks and fintech startups. It examined 1,200 data […].

Regional 273

Regional Study Survey National 273

PYMNTS

MAY 1, 2017

markets and is slated to roll out to four more this week in Detroit, Columbus, Ohio, Las Vegas and the Rio Grande Valley region of Texas. And with 80 percent national coverage, these current stats wouldn’t come as much of a loss. billion back in March, grocery delivery startup Instacart is eyeing some major U.S. expansion prospects.

National 100

National Las Vegas Texas Columbus 100

PYMNTS

JUNE 17, 2020

A growing number of nations are looking to develop digital versions of their currencies, and now there might be regional initiatives taking shape to target the U.S. Mersch said a retail CBDC could be based on deposit accounts opened with a central bank. Instead, they’re now coalescing into potential regional projects.

US 223

US Conference Regional National 223

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

NOVEMBER 1, 2019

Postmates provides on-demand delivery choices from over 500,000 restaurants, convenience stores and grocery stores, in addition to traditional retailers. Beyond restaurants, retailers in other segments are also teaming with on-demand delivery platforms. To keep tabs on the latest retail trends, check out next week’s Retail Pulse.

Branding 101

Branding Retail Florida Texas 101

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. In fact, it’s well poised to become the world’s first “ smart nation.”

Regional 148

Regional New York City National Google 148

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. It was an amalgamation of numerous challenges, either ignored or wrongly addressed, that has led to the question of relevance plaguing the industry today.

Philadelphia 206

Philadelphia Retail DC Detroit 206

PYMNTS

OCTOBER 31, 2017

Retailers are set to clean up this Halloween, as 2017 is looking to be a record-setter for consumer spending during the holiday. Halloween is no longer just for the kids and those with kids,” wrote Allison Zeller, director of research for the National Retail Federation (NRF). In fact, holiday spending is expected to hit $9.1

Millennials 105

Millennials Retail Los Angeles Survey 105

PYMNTS

JULY 2, 2020

As instances of the coronavirus quickly increase in a number of regions across the nation, Apple plans to shutter 30 more stores in the United States on Thursday (July 2) at the latest. The tech company, which has 271 retail shops in the United States, has recently closed 47 stores again, CNBC reported.

Apple 131

Apple Los Angeles South Carolina North Carolina 131

PYMNTS

SEPTEMBER 15, 2020

In Berlin, where last week saw a two-day meeting of financial officials from Europe, central bankers discussed digital payments and the confines of digital, national currencies. The ECB commentary, we contend, solidifies at least some regional approaches to CBDCs, but retail use cases may be gaining favor.

Boston 227

Boston Retail Meeting Maine 227

PYMNTS

MAY 31, 2020

Uber has been approved by the National Economic Prosecutor’s Office (FNE), Chile’s antitrust regulator, to acquire the Chilean grocery shopping app Cornershop, according to an FNE statement. Although Chile has now granted permission, Mexico regulators still have not.

Online 163

Online Regulation Retail Regional 163

PYMNTS

MAY 22, 2020

The reopening of retail is bound to portend changes for businesses as well as consumers. The National Retail Federation (NRF) and other groups have released guidelines for store operation and design today (May 22) as members begin to come back from the economic devastation of the pandemic. It also recommends changes to kiosks.

Retail 148

Retail Guidelines National Customer Experience 148

PYMNTS

SEPTEMBER 22, 2020

And yet, overall spending across the luxury industry could shrink by as much as 45 percent through 2020, as other regions and countries – Europe and the U.S. As reported in this space last week, the country saw retail sales increase for the first time since the pandemic took root.

Retail 169

Retail Boston Groups Regional 169

PYMNTS

APRIL 2, 2019

As the retail sector continues to undergo restructuring, a number of retail real estate markets face more vacancies and falling rents. On the regional front, Reis said the vacancy rate at regional malls increased 0.3 An increase in vacancy rates year over year is expected to continue. “As percent to 9.3

Metro 125

Metro Regional Retail Community 125

PYMNTS

MAY 30, 2016

But for all the glories of summer — long days, vacations and a built-in excuse to substitute ice cream for any actual meal — summer does have one asterisk for retailers in the U.S. So what fun in the sun can the nation’s retailers expect this year? However, across the U.S. Strange, but not necessarily bad.

Retail 100

Retail Course United States Boston 100

PYMNTS

AUGUST 31, 2020

The press release stated that many national and regional retailers, including in the fields of home improvement, electronics and fitness, use the service. Vyze uses an end-to-end technology platform that can work with businesses and lenders to offer more variety in payment methods.

Regional 217

Regional National Trends Payments 217

PYMNTS

MAY 11, 2016

Common sense isn’t so common when retail is still experiencing its fair share of upheavals from each new disruptor to make it to market, but the decade-plus of online and in-store retail operating side by side has established a few new ground rules that almost everyone can agree on.

Retail 100

Retail Online Study Regional 100

PYMNTS

MAY 13, 2020

The average business has in excess of $10,000 in monthly expenses and barely enough cash on hand to survive a month, according to the National Bureau Of Economic Research ( NBER ). The Mountain region was least affected, with 39 percent of firms temporarily closed.

Illinois 144

Illinois Chicago National Survey 144

PYMNTS

MAY 21, 2020

A central entity may maintain exclusive rights to create or destroy currency in a region such as a nation. A central entity may be associated with a government of such a region.”. However, a retail CBDC accessible to all would be a game-changer. So a retail CBDC is now [the ECB’s] main focus.”.

United States 244

United States Regional cryptocurrency Retail 244

Abrigo

DECEMBER 18, 2023

Use portfolio risk management tools, which make it easier to continue supporting local and national economies prudently. Retail and multi-family CRE opportunities Similarly, retail CRE has been painted as too risky because of online sellers’ growth. Certainly, one asset class, the regional mall, is quite dead,” Kirby said.

Risk Management 221

Risk Management Management Lending Capital 221

South State Correspondent

DECEMBER 8, 2023

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. However, this was the most common structure.

Conference 195

Conference Retail Community Bank Technology 195

PYMNTS

OCTOBER 5, 2016

Retail mall vacancies fell to 7.8 Higher end regional malls are helping to fuel the resurgence, as smaller retail space in community centers continue to decline. Nationally, the vacancy rate for neighborhood and community shopping centers rose 10 percent, up 10 basis points compared to the second quarter.

Community 166

Community Retail Regional National 166

PYMNTS

MAY 31, 2020

Uber has been approved by the National Economic Prosecutor’s Office (FNE), Chile’s antitrust regulator, to acquire the Chilean grocery shopping app Cornershop, according to an FNE statement. Although Chile has now granted permission, Mexico regulators still have not.

Regulation 130

Regulation Online Retail Regional 130

PYMNTS

AUGUST 5, 2020

By region, Diageo’s Asia sales saw the biggest drop at 16 percent. The company attributed that to the fact that many countries in that region not only shuttered bars and restaurants, but also liquor stores. However, not all regions showed declines: North America bucked the trend and saw its sales rise 2 percent.

South Carolina 140

South Carolina US America Regional 140

PYMNTS

JANUARY 16, 2020

Audio equipment company Bose has announced it is closing 119 retail locations due to changing customer demand, according to a report. Part of the issue lies in the fact that brick-and-mortar stores are finding it harder to compete with Amazon and its next-day shipping offer. Hundreds of workers will lose their jobs.

United States 132

United States System Retail Regional 132

PYMNTS

JANUARY 9, 2020

Chip cards have been heralded for their improved functionality and security, but they have still failed to address critical authentication problems, leaving retailers to bear the brunt of these vulnerabilities. Europe was the first region to adopt EMV technology, and sees a transaction rate of more than 99 percent. and Europe.

Fraud 131

Fraud Cards Retail Security 131

PopularBank

DECEMBER 11, 2023

Molly has been with Popular Bank since 2005 and was instrumental in growing PAB into a $2 Billion loan portfolio business and the national platform it is today. Carlos has been with Popular since 2005 and most recently was head of Retail Banking for the South Florida Region. Billion in deposits.

Management 52

Management Florida Community Leadership 52

PYMNTS

APRIL 8, 2020

Data from the country’s National Bureau of Statistics show that cosmetics sales through February were down 14.1 percent, while overall retail sales slid 20 percent. The latest data points dovetail with comments made by James Huang, Payoneer’s regional vice president of Greater China, in an interview with Karen Webster.

Trends 152

Trends Retail Data Regional 152

PYMNTS

NOVEMBER 9, 2017

Needless to say, the nation’s small banks and their representatives are less than wholly thrilled. But tech and retail players have worked around this by offering an ever-greater number of financial services — or financial service adjacent-services — like Apple Pay, Venmo and LendingClub.

Regulation 100

Regulation Retail New York Apple 100

South State Correspondent

APRIL 10, 2023

CRE Risk Background While ten years ago, community and regional banks use to make up some 55% of the CRE market, in 2023, these banks now compose approximately 72% (below). While national banks took the brunt of subprime mortgage losses, in the years (2008-2013) following the Great Recession, credit risk spread to CRE.

Community Bank 195

Community Bank Community Los Angeles Regional 195

PYMNTS

DECEMBER 30, 2019

That Amazon is a widely lionized yet simultaneously imitated force in retail is not surprising. Ever since Amazon introduced a one-click checkout, a loyalty program that people willingly paid for, two-day shipping that has compressed to same-day delivery, attempts at reinventing retail by everyone in it have been never ending.

New Jersey 133

New Jersey Philadelphia Branding Retail 133

Independent Banker

JANUARY 31, 2022

This region has the kind of energy that draws people to a place and helps them and their businesses thrive. That year, installations further south, in the region that includes Brownsville and Corpus Christi, supported an estimated 41,000 jobs and contributed about $4.6 Here’s how four community banks are thriving in this environment.

Texas 182

Texas San Antonio Community Bank Community 182