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.

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Retail New York City New York Branding 142

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.

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PYMNTS

MAY 4, 2016

Retail’s latest piece of roadkill today is Fairway Supermarkets, an institution for our readers living in New York City, and probably something the rest of our readers have never heard of. Along with the filing, Fairway is looking to get a $55 million super priority secured debtor-in-possession credit facility and a $30.6

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New York New York City Operations Retail 100

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.

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New York Leadership Technology Management 100

PYMNTS

JANUARY 12, 2021

Organized crime rings are taking advantage of the pandemic, looser police enforcement and a softening in anti-shoplifting laws to swipe tons of merchandise from retail stores and warehouses across the United States. KPIX-TV reported that the shop proudly advertised on Facebook Marketplace that customers “never pay retail.”.

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PYMNTS

JANUARY 10, 2020

10) to take the company public on the New York Stock Exchange. According to its Securities and Exchange Commission stock registration statement, as cited by CNBC , the online mattress retailer said it lost $73.4 Privately held Casper Sleep filed regulatory paperwork on Friday (Jan. million in 2017 and $92.1

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Retail Online New York America 130

PYMNTS

DECEMBER 17, 2018

17) that it will strengthen the security of its app after receiving several complaints from users about charges that were made in error. Bloomberg noted that PayPay has been questioned about the security of the app in the past. PayPay told Bloomberg it would address that security hole with the upgrade to the app.

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Security Payments New York Mobile 158

PYMNTS

FEBRUARY 21, 2019

With a move toward cashless societies growing around the world, new legislation in the U.S. could force retailers and restaurants in a number of states to accept cash as a payment method. Meanwhile, the paper reported New York City, Washington, San Francisco and Chicago are looking at similar legislation.

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PYMNTS

NOVEMBER 11, 2019

Researchers at New York-based Red Balloon Security identified two vulnerabilities in retail cash machines manufactured by Nautilus Hyosung America, the companies said in a joint press release on Monday (Nov. According to an estimate by Red Balloon Security, more than 80,000 machines are vulnerable. subsidiary. “We

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Security ATM America New York 100

PYMNTS

MARCH 18, 2020

For most retailers, this virus thing is starting to hurt. Retailers are now in full-on battle mode,” said Jefferies Analyst Randal Konik , who foresees a 90 percent to 100 percent drop in mall traffic. For retailers, this is now about near-term survival.”. “For For retailers, this is now about near-term survival.”.

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Retail Groups New York City New Jersey 161

PYMNTS

NOVEMBER 23, 2018

The moves were announced by the attorneys general of Pennsylvania and New York, Reuters reported. By working collaboratively with these retailers, we’ve created a way for businesses to take proactive steps to prevent scams,” New York State Attorney General Barbara Underwood said in a statement.

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Fraud Cards Retail New York 156

PYMNTS

MAY 8, 2020

New York City fashion boutique Nili Lotan has a client list that reads like the front row at Fashion Week (back when such events were still held). Dispatching one of New York’s elite styling teams exemplifies the new face of “ clienteling ,” the retail practice of assigning sales associates to individual, high-value customers.

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Retail New York City Branding New York 151

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

MARCH 11, 2019

Retailers are becoming more interested in omnichannel offerings: The PYMNTS mPOS Tracker found that 67 percent of those surveyed listed it as a priority for this year. At the same time, new technologies are coming on the market to serve these merchants. Nearly half – or 45 percent – of retailers see mPOS solutions as top priorities.

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Retail Technology Atlanta San Francisco 213

PYMNTS

DECEMBER 30, 2019

Barney’s has given way to Saks Fifth Avenue, directing shoppers to the latter’s sites in these last days of the year, one of the latest changes in luxury retail in 2019. The luxury retailer has stopped eCommerce transactions on its Barneys.com and Barneyswarehouse.com websites. In October, news surfaced that Tiffany & Co.

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Retail New York Branding United States 134

PYMNTS

AUGUST 27, 2019

When it comes to retail innovation — changes that promise to influence commerce not only this year, but in the 2020s — cameras could have a significant role. Take security cameras for starters. “We This data certainly isn’t nothing, but it pales in comparison to the data troves that digital retailers have. Data Blocks.

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Retail Innovation Video Data 118

PYMNTS

MAY 19, 2020

Amazon could be in talks to acquire the bankrupt clothing retailer JCPenney , Fox Business reported, citing Women’s Wear Daily (WWD). JCPenney officially filed for bankruptcy late Friday (May 15), ending speculation as to the beleaguered former retail titan’s financial status. Now, Amazon could be moving in. According to the U.S.

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Texas Retail New York Security 275

PYMNTS

DECEMBER 14, 2020

In today’s top retail news, Bed Bath & Beyond Inc. Plus, there are two weeks up to Christmas, and the retail industry finds itself in uncharted territory. Riley Securities Inc. Authentic Brands, which is out of New York, has high-end merchants like Barneys and Juicy Couture in its group.

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Branding Groups Retail New York 131

PYMNTS

DECEMBER 19, 2019

That’s because cameras are playing a much bigger role in retail, a trend that will keep gaining steam in the new decade. The Associated Press reports that cameras are, at least somewhat quietly, making inroads into a number of retail outlets in a bid to, well, get to know you. Security Cameras.

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Retail Software Video Course 131

PYMNTS

DECEMBER 14, 2018

Retailers are bringing experiential stores to big cities, and Starbucks is no exception: The coffee chain was set to open its Starbucks Reserve Roastery New York City on Friday (Dec. According to AM New York , it has “the largest fully operational coffee roasting plant in Manhattan.”

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Retail New York San Francisco Chicago 161

PYMNTS

DECEMBER 30, 2020

A lawsuit filed by the Securities and Exchange Commission (SEC) against digital payments firm Ripple is heading to virtual court on Feb. District Court of the Southern District of New York. billion in an unregistered securities offering of the digital coin XRP. 22, according to legal documents filed in the U.S.

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New York cryptocurrency Security Conference 325

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

MARCH 18, 2019

Late last year Amazon chose National Landing, a location that is owned by Arlington County and the city of Alexandria, as its second headquarters in conjunction with New York City. But in February Amazon pulled plans for the New York headquarters after local opposition.

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Arlington Virginia New York New York City 108

PYMNTS

DECEMBER 12, 2019

The CEO of Shopin, a blockchain-powered startup, has pleaded guilty to securities fraud related to $42.5 New York Attorney General Letitia James ordered Eyal to step down as CEO and surrender $450,000 of Shopin related cryptocurrency as well as pay $600,000 to Springleap investors.

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blockchain Fraud Security New York 130

PYMNTS

NOVEMBER 7, 2016

One of this year’s favorites so far, according to reports in The New York Times, has been fake retail and product apps popping up in the Apple App Store of late. We strive to offer customers the best experience possible, and we take their security very seriously,” said an Apple spokesman, Tom Neumayr.

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Retail Apple Branding New York 204

PYMNTS

JANUARY 22, 2020

For retailers, nothing really ever comes easy — and things aren’t getting any easier, at least when it involves gaining and retaining customers. Indeed, as the recently completed National Retail Federation (NRF) retail show in New York City demonstrated, commerce keeps moving to what Webster called in the webinar a “customer-centric approach.”

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Retail Millennials New York City social media 137

PYMNTS

JANUARY 21, 2020

And that is if the list is even open — in cities like New York, Los Angeles and San Francisco new applicants can’t even join but for open periods that occur every few years. The average security deposit in the U.S. Their savings might cover the security deposit — barely, in some cases — but will more or less be consumed.

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Security Denver Los Angeles Wichita 132

PYMNTS

JULY 12, 2019

Trends in legal cannabis retail are just now emerging, and fresh numbers from Colorado are providing insight into how the industry is evolving. Other figures also point to how much consumers are spending on legal retail pot. Legal retail cannabis may be spreading throughout the U.S., Payments Progress.

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Retail Colorado Regulation Compliance 154

Bank Innovation

JANUARY 26, 2020

New York City-based Grasshopper Bank is geared toward startups, with a focus on pain points for founders. Grasshopper opened in May 2019 after securing FDIC and OCC approval, a rare distinction for a digital-only bank.

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New York City FDIC New York Innovation 243

PopularBank

OCTOBER 28, 2020

Popular”) (NASDAQ: BPOP), bank holding company of Popular Bank, today announced Popular Bank’s strategic realignment of its New York Metro branch network. This realignment in our New York Metro market is consistent with our small business and retail services model in South Florida,” said Popular, Inc.

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Puerto Rico New York Metro Community 52

PYMNTS

APRIL 16, 2018

The retailer’s website has 55.9 million average monthly visits, retail news source Retail Dive reported. The think tank found a decline of 410 basis points in the retailer’s apparel share as its revenues declined by $3 billion from 2012 to 2017.

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Retail Online New Jersey Florida 111

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.

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Retail Strategy New York City Los Angeles 118

PYMNTS

JANUARY 4, 2019

Digitally native retailers are opening stores to bring their virtual experiences into the real world, and Zola is one of the latest merchants to test out the brick-and-mortar waters. The wedding retailer opened a store in New York City’s Flatiron District that is billed as a “one-stop-shop for wedding planning.”.

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NJ Retail New York City New York 129

PYMNTS

JULY 15, 2019

With a liquidity crunch brought on by a rise in rent at its flagship in New York City, Barneys New York is reportedly preparing for a bankruptcy filing. Rent at the retailer’s Madison Avenue flagship increased to roughly $30 million in January from approximately $16 million.

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New York City New York Retail Taxes 109

PYMNTS

NOVEMBER 21, 2020

18) by The Century Foundation, two government programs authorized by the Coronavirus Aid, Relief and Economic Security Act (CARES Act) expire on Dec. So it’s good to see some major retailers giving back for the holiday. As to what long-term lesson in retail the very unusual 2020 season has to offer? That would cut 7.3

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Retail Community National New York 179

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 Thieves in Rochester, New York, for example, had $16.5

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Atlanta Retail Study New York 201

PYMNTS

JUNE 18, 2020

Securities and Exchange Commission (SEC) filing. Founded 80 years ago, the Boise, Idaho, chain has been owned for the past 14 years by private equity firm Cerberus Capital Management, according to Supermarket News , which first reported the IPO in March. The listing would allow the New York investor to exit the company.

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Idaho New York Security Report 197