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The Trends Driving Retail Into The New Decade

PYMNTS

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
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Report: Helping Online Merchants Comply With The Middle East’s New Payments Regs

PYMNTS

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
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Nike ‘Just Does It’ On Digital-First Transition, D2C Sales And A Hot Loyalty Program

PYMNTS

Nike showed in its latest earnings report that the sportswear giant is “just doing it” when it comes to three of the COVID-19 era’s hottest retail trends – digital-first shopping, direct-to-consumer (D2C) sales and building a killer loyalty/rewards program. 18) on the company’s fiscal second-quarter earnings call.

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How PSD2 Is Changing ING Bank’s API Strategy

PYMNTS

As such, the European Banking Authority (EBA) has announced extensions for retailers that may require more time to comply. These extensions will only be granted to a select few retailers, however. For other companies, GDPR is the main concern as they move to expand operations within Europe. About the Tracker.

Strategy 188
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Does Destination Maternity Chain Bankruptcy Signal Larger Trends?

PYMNTS

Retail chain Destination Maternity reportedly filed for bankruptcy on Monday (Oct. 21), the latest commerce operator to be on the verge of extinction in this age of digital and mobile. though they also operate under such brands as Motherhood Maternity and Pea in the Pod stores. “As Another one seems ready to bite the dust.

Trends 101
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Bankrupt Aeropostale Wants To Pay Its Execs Their Bonus — They Just Need A Judge To Approve

PYMNTS

All in, the retailer is asking federal judges in bankruptcy court to let them pay out $3.41 During this process, the [retailer] started experiencing the loss of some of their highly valuable employees throughout critical areas of their businesses,” stated court documents filed in U.S. 25, according to Marketwatch.

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Ralph Lauren Tops Analyst Forecasts Despite Falling Sales

PYMNTS

Ralph Lauren earnings report showed its North America revenue in the fourth quarter decreased 14 percent as the retailer continues to struggle in the region. The company plans to invest more in marketing — on Instagram , Snapchat and other youth-friendly social media — to boost sales in the 2019 fiscal year.