PYMNTS

MARCH 6, 2020

The same could be same for retail, where foot traffic is key, where wandering customers and impulse buys can propel the top line. And if the reverse is true, if traffic does not materialize, or people look but don’t buy, well, retailers suffer.

Retail 151

Retail Los Angeles San Francisco Phoenix 151

PYMNTS

JULY 2, 2020

The Payment Choice Act is aimed at businesses that refuse to accept cash as payment or retailers that charge a fee for cash transactions, the network reported. State laws to protect cash have already been passed in Massachusetts, New Jersey, New York City, San Francisco and Philadelphia.

New Jersey 175

New Jersey North Dakota Retail San Francisco 175

PYMNTS

FEBRUARY 21, 2019

could force retailers and restaurants in a number of states to accept cash as a payment method. According to a report in The New York Times citing legislation being worked on around the country, the New Jersey Legislature and Philadelphia City Council have backed laws that would ban cashless stores.

New Jersey 150

New Jersey Retail San Francisco New York City 150

PYMNTS

MARCH 2, 2020

s most high-profile retailers is doing well in the U.S. and another one is ready to open, both of them seeking a new market as their home turf sees retail struggles. s fastest growing brick-and-mortar retailer, Wren Kitchens. And also in training our retail staff to offer the customer a fantastic service.”.

Retail 132

Retail Marketing US Connecticut 132

The Financial Brand

JANUARY 15, 2024

This article How TD Merged an Innovation Lab with a Retail Branch to Drive Customer Insight appeared first on The Financial Brand. An innovation lab in Philadelphia wrapped in an urban retail bank branch has produced valuable synergies for TD Bank.

Innovation 30

Innovation Retail Philadelphia Branding 30

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. It’s just sort of like nonstandard versions of food that traditional retailers either are not able to buy or refuse to buy.”.

Branding 162

Branding Retail Philadelphia Marketing 162

PYMNTS

FEBRUARY 15, 2018

The talks — and the retail offerings — will come to WeWork spaces in New York, San Francisco, Atlanta and Philadelphia, Glossy reported. The partnership comes as a decline in physical retail has hit J.Crew particularly hard in recent years. Crew has struggled with the retail reset that is sweeping the segment.

Retail 108

Retail San Francisco Philadelphia Atlanta 108

PYMNTS

SEPTEMBER 5, 2019

Luxury retail is being revised — and in some cases, reinvented — and those trends are worth attention as the 2019 holiday shopping season approaches. Not only that, but the luxury online consignment retailer opened a brick-and-mortar store on New York City’s famed Madison Avenue. Indeed, in its recent U.S. has notched $300 million.

Retail 123

Retail New York New York City Philadelphia 123

PYMNTS

MARCH 11, 2020

The advance of Amazon’s cashierless technology is not a new story to the retail beat as of 2020. We’re not trying to replace them,” Cameron Janes, vice president of Amazon’s physical retail division, told CNBC. “I Have other retailers signed on with the service? We’re not trying to be Whole Foods.

Retail 130

Retail San Francisco Technology Data 130

Payments Source

JANUARY 10, 2021

The Mint’s facilities in Denver and Philadelphia worked overtime in the second half of 2020 so that banks and retailers could get more change into customers’ hands.

Denver 83

Denver Philadelphia Retail 83

PYMNTS

MARCH 19, 2019

Philadelphia recently became the first major city to pass a ban on cashless shops; New York, San Francisco, Chicago and Washington are reportedly considering passing similar legislation. The Philadelphia law takes effect in July and will also require most retail outlets to accept physical currency.

New Jersey 125

New Jersey Philadelphia San Francisco Massachusetts 125

PYMNTS

MARCH 4, 2019

Amazon, of course, stands out as a marquee name in the move to make the retail experience wholly digital commerce. A similar ban has already passed in New Jersey and similar legislation has been backed by legislators in Philadelphia and signed into law this past week. Much has been made of the coming of the cashless society.

Retail 129

Retail New York City New York New Jersey 129

PYMNTS

MARCH 11, 2019

That was on display this week in payments and commerce, as cashless jumped forward in Atlanta with a big partnership, only to get the cold shoulder in Philadelphia where it is now banned by law. The city of Philadelphia certainly worried it is …. The Philadelphia measure does have some exceptions. So too, is Costco.

Philadelphia 123

Philadelphia Data Atlanta Retail 123

PYMNTS

AUGUST 17, 2020

A Philadelphia-based mall owner is taking a proactive approach to the digital shift and back-to-school shopping. PREIT (Philadelphia Real Estate Investment Trust) is curating its first eCommerce offering in what it says is a unique avenue to engage consumers from a multi-retail perspective.

Philadelphia 164

Philadelphia Regional United States Community 164

American Banker

JANUARY 11, 2021

The Mint’s facilities in Denver and Philadelphia worked overtime in the second half of 2020 so that banks and retailers could get more change into customers’ hands.

Denver 91

Denver Philadelphia Retail 91

PYMNTS

JULY 11, 2018

And now, Amazon is bringing its annual retail holiday “Prime Day” to Whole Foods. As a result, local merchants could stop spending money on third-party apps and loyalty programs that require a huge spend on customer acquisition to get a small number of consumers to convert — only then could the retailer have a relationship with the customer.

Retail 104

Retail Fort Worth Philadelphia Dallas 104

PYMNTS

MAY 11, 2018

The company told Forbes that its goal is to provide a physical location where those small businesses can sit down across the table from experts who can help them navigate the turbulent retail waters ahead. and Canada — some of them open now, some slated to open isoon in cities such as Miami, Los Angeles and Philadelphia.

Retail 101

Retail Los Angeles San Diego Michigan 101

PYMNTS

SEPTEMBER 17, 2020

In one case, Simon Property Group has reportedly been in discussions with Amazon to transform some vacant retail space into fulfillment hubs for the eCommerce retailer. The core Lazada business is focused on online shopping technology, which has been brought to LazMall.

Operations 159

Operations Philadelphia United States Online 159

PYMNTS

APRIL 26, 2019

In other cashless payment news, Philadelphia recently passed a ban on cashless stores – the first big U.S. With the new law, most retail outlets would have to accept physical currency. The Philadelphia measure does have some exceptions. city to do so, per reports. The law doesn’t apply to garages or lots, hotels or rental cars.

Philadelphia 131

Philadelphia New York City New Jersey New York 131

PYMNTS

MAY 13, 2016

With traditional brick-and-mortar retail facing big problems , some chains are addressing them with small solutions. Is this a viable answer to the beating that Sears’ bottom line (and that of many other one-time stalwarts of brick-and-mortar retail) have been taking in recent years? Specifically, with small(er) stores.

Retail 100

Retail San Diego Los Angeles Colorado 100

PYMNTS

MARCH 11, 2020

A Newark Airport store will start using Amazon’s Just Walk Out cashierless technology on March 16, just days after the company announced it was licensing the platform to retailers, according to reports on Wednesday (March 11). . Philadelphia and Toronto. Shoppers will be able to buy food and drinks without interacting with a cashier.

San Francisco 130

San Francisco Minneapolis Philadelphia Seattle 130

PYMNTS

NOVEMBER 5, 2020

A summer headline from The Philadelphia Tribune declared: “Black Friday as we know it is finally dead.” As Scott Rankin, principal and national consumer and retail strategy leader with KPMG US, told the Tribune , "with everything that's going on, there may be no Black Friday at all. There are so many risks to that,” he said.

Retail 221

Retail Philadelphia Report National 221

PYMNTS

MARCH 23, 2020

Officials are warning of a rise in phishing attacks, while retailers have also been warned about fraud risks, with Amazon recently removing 1 million products for allegedly making fraudulent claims, recent Forbes reports said. “This is an opportunity to conduct pretty robust cyber-espionage, if not cyber-hostage taking.

Philadelphia 178

Philadelphia Fraud Taxes Survey 178

Payments Source

MARCH 4, 2016

A new Federal Reserve Bank report opens the door for retailer groups to push again for even lower transaction fees by deflating the argument that small banks have been harmed by the Durbin amendment's reduced debit transaction fees for larger banks.

Philadelphia 60

Philadelphia Groups Retail Report 60

PYMNTS

DECEMBER 17, 2020

Fraud protection specialist Kount and Philadelphia-based payments platform FreedomPay are teaming up to offer “an integrated, complete solution to enable international expansion with fraud-free payments and frictionless customer” experiences.

Fraud 174

Fraud Philadelphia Payments social media 174

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

PYMNTS

JULY 24, 2020

This growth is creating opportunities for numerous retailers, including BlackCool & Co. , But with BNPL you can go to any retailer, choose your product and pay over time with no credit check.” . The company plans to open other locations in Chicago, Houston, Los Angeles, New York City and Philadelphia. .

Branding 187

Branding Los Angeles Atlanta New York City 187

PYMNTS

NOVEMBER 11, 2020

More than 3 million retailers harness its technology. Employment retraining and new skill sets are needed to foster economic expansion, Federal Reserve Bank of Philadelphia President Patrick Harker said per a published report. SumUp has been active in Ireland as of 2012 and has introduced digital payments to thousands of companies.

Philadelphia 165

Philadelphia Fintech National Payments 165

PYMNTS

APRIL 10, 2019

Cashless retail, to a point, and then cashless and cash, too. The apparent shift in payments policy – up to now, the 10 extant stores had been marked by a cashierless existence – comes amid criticism against the company contending that cashless retail discriminates against unbanked consumers.

New Jersey 144

New Jersey Philadelphia United States Chicago 144

PYMNTS

MARCH 21, 2019

When it comes to fulfilling consumers’ need for instant gratification, physical retailers might have an upper hand, but they can struggle to gain the depth of insights that eTailers have on their customers’ demographics and buying behavior. Around the Unattended Retail World. Catering to “Immediate Gratification” with Automated Retail.

Philadelphia 148

Philadelphia Retail Data Technology 148

PYMNTS

MARCH 11, 2020

Other states and cities have passed similar laws, including New Jersey, Massachusetts, New York City and Philadelphia. Many people do not have access to consumer credit, and any effort by retail establishments to ban the use of cash would be discriminatory toward those people,” said Rep. Not all companies are happy with the decision.

Delaware 132

Delaware New Jersey Massachusetts New York City 132

PYMNTS

APRIL 4, 2018

Retail continues to migrate toward eCommerce, but warehouse space is not designed to keep up with the increasing pace of online orders. are in areas such as New Jersey, Boston, Pittsburgh and Philadelphia. The average age of a warehouse in the U.S. is more than 30 years old, and many lack modern features, CNBC reported.

Las Vegas 221

Las Vegas New Jersey Phoenix Philadelphia 221

PYMNTS

MARCH 21, 2019

San Francisco is considering following in the footsteps of New Jersey and Philadelphia and banning cashless stores, including Amazon Go, according to a report from CNBC. Many lawmakers say cashless stores are discriminatory toward lower-income individuals, as well as those without bank accounts or credit cards.

San Francisco 149

San Francisco Philadelphia New Jersey Taxes 149

PYMNTS

JUNE 1, 2020

Small to medium-sized retailers, the denizens of Main Street , are facing an existential crisis in the face of the pandemic. SMBs – and any other retailer, for that matter – recognizes the urgent call to embrace the digital shift. SMBs – and any other retailer, for that matter – recognizes the urgent call to embrace the digital shift.

Maine 136

Maine Philadelphia Retail Exercises 136

PYMNTS

NOVEMBER 5, 2020

Digital delivery service goPuff will acquire BevMo , a specialty beverage retailer based on the U.S. Philadelphia-based goPuff, which bills itself as a kind of catch-all service for helping customers with various everyday shopping needs, is hoping to use the announcement to enter into the California market, the blog post stated.

Los Angeles 165

Los Angeles California Philadelphia Arizona 165

PYMNTS

NOVEMBER 12, 2020

The COVID-led commercial real estate crunch is also having a major impact on retail properties. The retail market has been under stress for several years, because of, you know, online sales and that sort of thing. retail sector hit an average of 20 percent in the second quarter, up from 9 percent when 2020 began.

New York City 227

New York City New York Missouri Philadelphia 227

PYMNTS

OCTOBER 1, 2019

grocery stores with locations in Chicago, Philadelphia and Los Angeles. The eCommerce retailer is also reportedly eyeing grocery spaces in New Jersey, Connecticut and the New York metro region. With an increasing focus on a brick-and-mortar presence, Amazon is advancing a plan to open a chain of U.S.

Los Angeles 123

Los Angeles New Jersey Philadelphia Connecticut 123