PYMNTS

DECEMBER 26, 2019

Change came from various areas for retail in 2019. Retail merchandising was, at best, a hit-or-miss system in its heyday, Nextail CEO and Co-Founder Joaquin Villalba told PYMNTS in a recent conversation. Analytics, too, was another hot spot for retail change in 2019 and will continue to be for the 2020s. Role of Data.

Retail 132

Retail Trends Analytics social media 132

PYMNTS

FEBRUARY 12, 2019

Even with the liquidation of Toys R Us operations in the U.S., parts of the business in other regions are still active and purchase goods as well as pay royalties to Tru Kids. ahead of Christmas, Bloomberg reported. Currently, the company operates more than 550 stores in the region. Australia and the U.K.,

US 104

US Retail Regional Branding 104

PYMNTS

MARCH 17, 2020

It was supposed to be a thriving retail center in Milwaukee when it was built seven years ago. The DEO “seeks concepts and an operator to program the space to boost innovation and entrepreneurship, demonstrate creative placemaking and feature the Made in Fairfax Network. But it never happened. Starting Jan.

Retail 135

Retail Arlington San Francisco Milwaukee 135

PYMNTS

JULY 5, 2020

The Indonesian eCommerce retailer backed by SoftBank Group Corp. ’s the Chinese multinational technology company specializing in eCommerce, retail, Internet, and technology, led a $1.1 Bloomberg reported America’s largest internet corporations are eyeing Asia where the region is exploding with smartphones and tech-savvy residents.

Google 264

Google Regional Retail Groups 264

PYMNTS

NOVEMBER 13, 2019

Times change, tastes expand and brands that don’t evolve generally don’t survive – a lesson that any number of retailers have spent the last several years learning the hard way. But even by the rapidly shifting standards of their vertical, Japanese retail apparel brand Uniqlo is, well, unique. The question now is, will it work?

Retail 132

Retail Branding Regional Operations 132

PYMNTS

NOVEMBER 1, 2020

Amazon is suspending advertising related to pre-Black Friday campaigns in France after coming under fire from at least one government official who said it was unfair for the online giant to flex its digital retail muscle just as a new pandemic shutdown forces small shops and restaurants to close, Reuters reported.

Retail 206

Retail Regional Policies Operations 206

PYMNTS

AUGUST 12, 2019

Deliveroo, the British food delivery service, said it will end its operations in Germany and shift its focus to other markets. Reuters reported that the announcement came on Friday (August 9) that the company would exit that market. Deliveroo will bring its focus to other markets across Europe and the Asia-Pacific region.

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Operations Regional Marketing Company 100

PYMNTS

OCTOBER 23, 2018

To help shoppers check out without waiting in line, grocery retailers are rolling out entire stores centered around cashierless shopping experiences, enabling consumers to purchase fresh food and grocery items with a mobile payments app. as reported in June. In addition, the firm forecasts that the region will have more than 4.5

Retail 161

Retail Seattle San Francisco Metro 161

PYMNTS

DECEMBER 11, 2018

Retailers are doubling down on toys amid a gap in the market left by the bankruptcy of Toys R Us. toy retailer Hamleys , for instance, is eyeing a potential New York City location for a flagship store. The atmosphere comes as brick-and-mortar retailers have to differentiate themselves from their eCommerce counterparts.

Retail 166

Retail US New York City Los Angeles 166

Insights on Business

NOVEMBER 29, 2018

Operational innovation is vital in a highly competitive financial services sector, with a new community of digital banks and other firms vying for market share. Drivers for Operational Innovation. Ongoing conversations between IBM and CFOs over the years have identified key activities that can help progress operational efficiency.

Operations 138

Operations Innovation Management Risk Management 138

PYMNTS

JANUARY 12, 2018

The Wall Street Journal reports that the “four-letter” word has been getting the boot from … mall operators. There are 90 regional malls that have renovated in just the past four years and, as calculated by property consultancy JLL, 17 have stripped away the “mall” designation. Call them something else, then, it seems.

Operations 116

Operations New Jersey Ohio Examples 116

PYMNTS

NOVEMBER 1, 2019

According to the Eastern Europe B2C E-Commerce and Online Payment Market 2019 report, online retail sales in Eastern European countries continue a trend of double-digit growth rates this year, a release said. Some companies do better regionally. Cross-border shopping platforms like AliExpress are also popular in the region.

Online 101

Online Retail Regional Trends 101

PYMNTS

APRIL 5, 2018

retailers (or any foreign players) to establish a strong presence in the Chinese market. Walmart recently announced it would be using WeChat Pay at all of its stores in China’s western region. Tencent reported a few weeks ago that it had reached the 1 billion account threshold. There, too, some progress is being made.

Retail 115

Retail US Regional Branding 115

PYMNTS

NOVEMBER 22, 2020

Danske Bank , the Copenhagen-based retail bank, has partnered with FinTech firm Zenegy to roll out a new method for automating payments made with corporate cards, a report from Crowdfund Insider says. As a result, Danske Bank was ordered out of Estonia and closed its operations in Russia and the Baltics.

Cards 221

Cards Payments Innovation Regional 221

PYMNTS

OCTOBER 12, 2020

The last mile is proving to be a competitive hotspot as the retail industry enters its critical fourth quarter. Using retail stores as distribution points has been tabbed an “Amazon killer” by some analysts and now Apple is joining that trend. According to Bloomberg , the company was using regional warehouses in the U.S.

Apple 192

Apple Trends Regional Retail 192

PYMNTS

OCTOBER 30, 2020

Sportswear giant Under Armour reported a third-quarter profit of $38.9 Patrik Frisk, president and CEO of Under Armour, told The Baltimore Sun that the company is focused on returning to profitability and is planning to invest in eCommerce and company-owned retail outlets. . The Asia-Pacific region saw a 15 percent jump in sales.

Baltimore 219

Baltimore Maryland Regional America 219

PYMNTS

NOVEMBER 1, 2020

Executives at MCI Capital , the biggest publicly traded private equity firm in Poland, are optimistic that a recent record-breaking initial public offering (IPO) in the eCommerce space bodes well for the industry, Bloomberg reported. Online retailer Allegro.eu The transaction was assessed a huge success by the industry at the time.

ATM 243

ATM Leadership Capital Online 243

PYMNTS

AUGUST 31, 2020

The Bank of Korea (BOK) is speeding up its efforts to create a central bank digital currency (CBDC) experimental program, The Korea Times reported. BOK reportedly intends to release more information on a consulting collaboration with a local firm. Companies who wish to team up on the effort can make an application to the central bank.

Bitcoin 188

Bitcoin System Regional Groups 188

PYMNTS

OCTOBER 25, 2019

Brick-and-mortar retailers are testing intelligent shopping carts that are billed as a way to improve the in-store experience. ” Mathieu Lacoursiere, vice president of retail support at Sobeys Inc., Retailers within the symbol group operate with the Costcutter, Supershop, Kwiksave, Mace and Simply Fresh banners.

Retail 113

Retail Innovation Technology Regional 113

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. He also noted that the company was “thrilled to provide customers access to these restaurants in the 3,500+ cities we operate in.”. restaurants. We’ll add 20 stores next year.

Branding 101

Branding Retail Florida Texas 101

PYMNTS

JUNE 15, 2020

The largest brick-and-mortar retailer in the United States is replacing its traditional, cashier-staffed checkouts with self-checkout registers at its store in Fayetteville, Ark., according to local news reports. Whether cashiers go the way of the horse and buggy could hinge on an experiment Walmart is running in Arkansas.

Arkansas 280

Arkansas United States Regional Online 280

PYMNTS

JANUARY 27, 2020

As they aim to fill eCommerce orders faster, supermarket retailers are piloting micro-fulfillment systems that can be positioned in the back of brick-and-mortar locations or in urban areas. The project will be approximately 10,000 square feet and for an unidentified regional grocer. grocery market at approximately 3.5 Fabric, a U.S.-Israeli

Online 141

Online Regional New York Retail 141

PYMNTS

JUNE 26, 2017

The June Payments-as-a-Service (PaaS) Tracker™ follows recent developments in the payments industry, from cross-border commerce developments to point-of-sale solutions to loyalty programs and how these new tools could change business operations for retailers large and small — and, yes, medium too.

Report 150

Report Payments Meeting Tools 150

PYMNTS

JUNE 25, 2020

As instances of the coronavirus increase in Texas, Apple will shutter seven of its Houston-vicinity retail locations once again. The shops were set to close on Thursday (June 25), CNBC reported, citing the tech company’s website. Apple’s stores are usually located in key retail properties. locations.”.

Houston 137

Houston Apple South Carolina North Carolina 137

PYMNTS

DECEMBER 15, 2020

Gojek , a Southeast Asian super-app operator, is rolling out a new point-of-sale (POS) device, GoBiz Plus, for all-in-one purposes for micro and small- to medium-sized businesses (SMBs) in Indonesia, according to a report from TechInAsia. The company said its services have aided over 900,000 retailers to access digital operations.

System 169

System Payments Digital Strategies Regional 169

PYMNTS

MARCH 20, 2020

Banking giant HSBC and Cainiao Network Technology, which is a logistics arm of Alibaba Group , have announced they will offer rapid finance approvals to online merchants that use Chinese shopping site Tmall, according to reports. Eight virtual banks are starting operations this year. The interest rate will be 1 percent until June 30.

Big Data 203

Big Data Lending Regional Operations 203

PYMNTS

JULY 1, 2020

. “We anticipate that the external environment will continue to impact the luxury sector negatively for at least the next 18 to 24 months,” he said in a phone interview after the group reported its most recent earnings. This will bring some relief to luxury retailers, as they can now open their stores and resume operations.”.

Branding 246

Branding Regional United States Groups 246

PYMNTS

FEBRUARY 6, 2020

It would make sense that the supermarket business might be immune from the cross-currents of retailing in 2020. Three regional players in the organic food retail business — where Whole Foods and parent Amazon rule — have declared bankruptcy over the past month. based natural foods retailer is the third significant U.S.

New York City 153

New York City New York Regional Colorado 153

PYMNTS

NOVEMBER 6, 2020

Walmart is leaving Argentina, announcing a deal to sell its stores there to a regional grocery chain amid an economic crisis that is gripping the South American country. Walmart, the world’s largest brick-and-mortar retailer, announced Friday (Nov. Walmart, the world’s largest brick-and-mortar retailer, announced Friday (Nov.

Retail 152

Retail Taxes Regional Operations 152

PYMNTS

JANUARY 7, 2019

While Toys R Us has disappeared from the United States, it is going strong in Asia, which plans to open 60 new stores throughout the region this year. It currently operates more than 550 stores in the region. “We In addition, the company was looking for a buyer for its Canadian business.

US 149

US United States Regional Operations 149

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

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

APRIL 5, 2019

Iconic American retailers that have been around more than 100 years are creating new concepts for the new era of retail. Through that offering, which will be offered at the Kansas and Louisiana stores, the retailer will send shoppers emails when their items are ready. In Other Brick-And-Mortar Retail.

Retail 101

Retail Louisiana Kansas Alaska 101

PYMNTS

MAY 29, 2018

American retailers are heading east: They’re opening the doors to brick-and-mortar stores in China, while listing on China’s dueling marketplaces — Tencent and JD.com. Walmart , for example, brought a small-format supermarket to the city of Shenzhen as the popularity of “small retail” grows in China. The result?

Branding 101

Branding Retail Conference Regional 101

PYMNTS

JULY 21, 2020

As it begins a new period of growth, ALDI intends to open over 70 new retail locations by the conclusion of 2020. The grocer intends to break ground on its new Loxley, Alabama distribution center and regional headquarters next year. As it stands, the company operates 180 retail locations in Florida as well as Alabama.

Alabama 159

Alabama Phoenix Arizona Florida 159

PYMNTS

APRIL 4, 2018

Just because a retailer was created for the internet doesn’t mean it has to stay on the internet. Digitally-native retailers, such as thredUP , are turning to brick-and-mortar stores to reach consumers, too. thredUP, though, works a little differently from traditional retailers. by the end of 2018, CNBC reported.

Retail 103

Retail New York City San Francisco New York 103

PYMNTS

MAY 31, 2020

FNE made the approval “without conditions,” according to a Reuters report. If the Uber-Cornershop deal is fully approved, Uber said it would expand grocery delivery beyond Mexico, Chile, Canada and Peru, and into other regions worldwide, according to Reuters. The agency ultimately decided the acquisition would not affect competition.

Online 163

Online Regulation Retail Regional 163