PYMNTS

MAY 4, 2020

He will be tasked with developing strategy, direction and comprehensive success of Mastercard’s operations across 53 countries in Europe. Mastercard’s European businesses cater to more than 950 million people via business partnerships with retailers, financial institutions (FIs) and other companies.

Operations 141

Operations Regulation Regional Retail 141

The Paypers

OCTOBER 18, 2023

Amazon Payment Services , a digital payments provider operating across the MENA region, has been granted a Retail Payment Services licence by the UAE Central Bank.

Retail 41

Retail Payments Regional Operations 41

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.

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Retail Trends Analytics social media 132

PYMNTS

MARCH 23, 2020

But for non-essential retail, stepping up takes more commitment, risk and money. It’s in the non-essential category that true retail heroes are showing up amid the coronavirus pandemic. 1: In Detroit Bedrock LLC real estate company is giving free rent for the next three months to its small-business retail and restaurant tenants.

Retail 167

Retail Detroit Leadership Regional 167

PYMNTS

SEPTEMBER 22, 2020

In today’s top retail news, Philadelphia Real Estate Trust reopens its newest property, Ralph Lauren cuts its workforce and Mall of America offers space to local businesses. The transformation plan, according to the company, aims to attract younger consumers, drive targeted expansion, lead with digital and operate more efficiently.

Philadelphia 173

Philadelphia Retail Las Vegas America 173

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.

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Retail Arlington San Francisco Milwaukee 135

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

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. The news comes as Toys R Us is going strong in Asia, where there are plans to open 60 new locations throughout the region this year. Tru Kids Inc.

US 104

US Retail Regional Branding 104

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.

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Operations Innovation Management Risk Management 138

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.,

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Retail Samsung National Taxes 131

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. As noted by Reuters, the shift could smooth the competitive landscape for rivals such as Takeaway.com , a Dutch firm that agreed last year to buy the German operations of another food delivery firm, Delivery Hero.

Operations 100

Operations Regional Marketing Company 100

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

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

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. ABI Research predicts that one million automated retail units will be in the Asia-Pacific region by 2023.

Retail 161

Retail Seattle San Francisco Metro 161

PYMNTS

DECEMBER 28, 2020

The first were the Pepsis, Heinzes and Krafts that either didn’t like their retail distribution or saw a pandemic-driven opportunity to get new products in new configurations to the consumer. Formed in 2008, Green Goo is a women-owned, family-operated company that started out making skin products and first aid salves for friends and family.

Branding 162

Branding Retail Philadelphia Marketing 162

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

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

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. Semir will stock the 300 Children’s Place locations with apparel, footwear and accessories and operate the brand’s regional eCommerce business.

Retail 115

Retail US Regional Branding 115

Bank Innovation

AUGUST 14, 2017

German fintech company Deposit Solutions acquired Berlin-based retail deposits platform, Savedo for an undisclosed amount, it was announced today. It also operates the investment platform ZINSPILOT. Hamburg-based Deposit is an open banking platform for deposits.

Fintech 231

Fintech Regional Retail Operations 231

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. Amazon on Thursday (Oct.

Retail 206

Retail Regional Policies Operations 206

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

OCTOBER 30, 2020

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, 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. million and 81 cents.

Branding 101

Branding Retail Florida Texas 101

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

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

DECEMBER 10, 2018

Among the names cited in the report, retailers WHSmith has payment terms that have stretched between 90 days to 120 days, and Boots has terms that range from 75 days to 120 days. A House of Representatives report has found that businesses are unable to invest, boost employment or grow operations.

Report 159

Report Retail Payments Survey 159

PYMNTS

SEPTEMBER 28, 2020

One area where the pandemic may significantly impact emerging data protection and open banking rules is the Middle East and North African region (MENA). The ongoing pandemic has caused many regulators in the MENA region to examine the digital and open banking infrastructure they have in place. Around The Data Protection World.

Online 151

Online Report Payments Regulation 151

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

DECEMBER 30, 2016

This year has been big for retail — big on change, innovation and some surprises along the way. Consumers flocked to online and mobile commerce , robots rose in food and consumer goods , and brick-and-mortar stayed relevant with retail experimentation — pop – ups , flash sales , store-in-store and showrooms.

Retail 123

Retail Online Customer Experience Trends 123

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. online shopping vertical per eMarketer.

Online 141

Online Regional New York Retail 141

PYMNTS

SEPTEMBER 29, 2020

They’re not equipped to manage the operational risks associated with these smaller businesses,” Shoihet told PYMNTS, especially when it comes to extending short duration credit lines, debt products or factoring. But, as Shoihet said, these firms account for roughly 50 percent of trade volume in the LATAM region.

United States 286

United States Regional America Trends 286

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

South State Correspondent

FEBRUARY 20, 2023

Further, the competition is not just another bank that might make a loan or take a deposit, but it could be a credit union, insurance company, retail store, or a fintech. Traditionally, community banks would compare their financial performance and health to similar-sized banks in their region.

National 195

National Lending How To Community Bank 195

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

FEBRUARY 26, 2020

The Sightline platform integrates with the i2c agile processing vehicle and APIs to deliver Play+, a cashless solution that gives gaming operators the ability to move money in real-time between tables, slots, and kiosks. Sightline also integrated Smart Money, a program that works with guests’ iOS and Android mobile devices at retailers.

Oregon 232

Oregon Pennsylvania Innovation Operations 232

PYMNTS

JULY 1, 2020

That estimate comes from market intelligence company GlobalData, which predicts that total spending in the region will dip to $60.3 COVID-19 has forced luxury brands to postpone their fashion shows and cancel promotions events, and has disrupted supply chains,” GlobalData Retail Analyst Suresh Sunkara said. billion compared to 2019.

Branding 246

Branding Regional United States Groups 246

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