Perficient

NOVEMBER 17, 2023

Now, we will delve into the stability of retail deposits from the same bank over the same timeframe, determining whether they were resilient compared to transaction accounts. As illustrated in the table below, retail deposit balances experienced a decline in every quarter, albeit not as sharply as transaction accounts.

Retail 221

Retail FDIC Risk Management Management 221

Payments Dive

JANUARY 13, 2023

The tech titan will now process payments for retailers, as opposed to sending that part of a transaction to third parties.

Retail 300

Retail Payments 300

Payments Dive

MARCH 10, 2023

retail sales climbed about 7% in February over last year, alongside increases in restaurant and travel spending, Mastercard said in a report.

Retail 259

Retail Report 259

Payments Dive

JANUARY 11, 2024

The Salt Lake City-based convenience store retailer joins Yesway and Pilot in implementing Relay’s contactless purchasing platform.

Retail 195

Retail Payments 195

PYMNTS

JANUARY 18, 2021

Every year for the last 110 years , members of the retail trade group, known as the National Retail Federation (NRF), have assembled to discuss the slate of issues pertinent to its members. COVID-19, of course, didn’t cause physical retail’s steep decline — it just accelerated it. Retail is now about logistics and the last mile.

Retail 309

Retail Online Maine Branding 309

South State Correspondent

JANUARY 18, 2023

Retail Sales & PPI Reveal Softening Activity. The first of those is retail sales for December which declined by 1.1%. The so-called core retail sales rate, or Control Group, dipped 0.7% The post Retail Sales & PPI Reveal Softening Activity appeared first on SouthState Correspondent Division.

Retail 195

Retail Atlanta Trends Report 195

Accenture

JANUARY 15, 2021

Retail, wholesale and international payments using CBDC would expand choices, enabling more diversified payment systems and greater autonomy for the central bank. CBDC for retail payments CBDC can serve as a settlement medium for digital transactions online….

Retail 301

Retail Payments System Online 301

Payments Dive

FEBRUARY 7, 2020

Self-service technology allows retailers to meet customer expectations established by the pioneering tech efforts of brand's, like Starbucks. These installations take diverse forms, a CES panel demonstrated.

Retail 485

Retail Meeting Branding Payments 485

Accenture

OCTOBER 25, 2022

In that spirit, I’m turning my blog over to my colleague Steven Smith for this post on the once-in-a-generation opportunity emerging in retail banking right now. The post Why retail banking presents rare opportunities right now appeared first on Accenture Banking Blog. Steve is a managing director at Accenture and our….

Retail 221

Retail Management Customer Experience Innovation 221

Payments Dive

JUNE 3, 2024

Customers have multiple ways to access your products and brand, but do those experiences work together for their benefit—and yours?

Retail 360

Retail Branding 360

Accenture

OCTOBER 4, 2021

Credit Product Penetration of Retail Sales Shopping experience refresh “We are excited to pilot a virtual store staffed by dedicated associates … but with no physical customers. The post Q2 2021 US retailer payments commentary appeared first on Accenture Banking Blog.

Retail 221

Retail US Payments Marketing 221

Accenture

JANUARY 23, 2022

The market turmoil of 2020-2021, along with an unprecedented surge that has renewed a focus on retail investors, has pushed direct investing platforms into the spotlight. With this rise of the retail investor comes significant opportunity, as recently highlighted by our colleague Scott Reddel.

Retail 294

Retail social media Customer Experience Community 294

Payments Dive

JULY 8, 2022

Retailers Pacsun and American Eagle Outfitters have similar target audiences but are approaching the rising popularity of digital currency differently.

Retail 221

Retail cryptocurrency Payments 221

ATM Marketplace

JULY 23, 2024

A panel at the upcoming Bank Customer Experience Summit will cover how banks can craft new and improved retail spaces.

Retail 78

Retail Innovation Customer Experience 78

PYMNTS

JANUARY 20, 2021

In today’s top retail news, Birkenstock is said to be in discussions for a sale to CVC Capital Partners, while Cognira has released its AI Promotion Solution. Cognira Rolls Out AI Promotion Suite For Retailers. Cognira, the retail artificial intelligence technology firm, has launched its AI Promotion Solution.

Retail 239

Retail Google Capital Branding 239

Payments Dive

APRIL 19, 2022

There are other factors for retailers to consider when determining whether the checkout experience is convenient for the customer. The speed of one-click checkout isn't the answer to every cart abandonment problem, says one payments tech executive.

Retail 300

Retail Payments 300

PYMNTS

AUGUST 7, 2020

If this becomes a tsunami of retailers rejecting their leases, it’s going to trigger another part of the sea change — the mortgages held by the landlords.”. Sometimes bankruptcy is the most advantageous way to get out of those leases,” he said, noting that some large retailers answer to hundreds of different landlords.

Retail 354

Retail Groups Report Payments 354

PYMNTS

DECEMBER 24, 2020

When it’s said and done there was only one story that mattered in the retail universe this year and it was the rise of the digital-first economy. They and others have succeeded because they entered the market independent of traditional retail, and because their business model fit the needs of the pandemic.

Retail 295

Retail Branding Minneapolis Trends 295

PYMNTS

APRIL 28, 2020

Reinventing retail in the wake of COVID-19 may mean reinventing retail formats. It’s also likely that retailers will see more men in-store than women, and they should consider adjusting inventory to target these shoppers.”. Inventory adjustments will only be part of the post-COVID retail order.

Retail 272

Retail Survey Maine Meeting 272

Payments Dive

JULY 31, 2018

Some retail outlets are experimenting with moving to digital payment-only operations. As non-cash payments become the norm, some retailers, particularly in hospitality, no longer accept cash. While there are downsides to managing cash, what are the pitfalls of refusing to deal with it?

Retail 335

Retail Payments Operations Management 335

Payments Dive

FEBRUARY 4, 2020

In an interview with Retail Customer Experience, Elastic Path Chief Strategy Officer Darin Archer details the importance of deploying flexible e-commerce systems.

Retail 434

Retail Meeting Customer Experience Strategy 434

PYMNTS

JANUARY 8, 2021

Retail rents have plummeted to historic lows in New York City amid the COVID-19 pandemic, as bankruptcies and vacancies penetrated the area, CNBC reported on Friday (Jan. Further, the biannual report released by the Real Estate Board of New York (REBNY), found that retail rents in Manhattan declined across all 17 corridors it tracks. .

Retail 249

Retail New York City New York Report 249

Payments Dive

FEBRUARY 15, 2023

Banks requested a delay in implementing a debit routing rule, but a retail and merchant trade group argued it’s high time the card issuers comply.

Retail 195

Retail Groups Cards 195

Payments Dive

FEBRUARY 5, 2024

Pay-by-bank has been catching on only slowly, and it’s a particularly long shot for showing up at the point-of-sale anytime soon.

US 458

US Retail 458

PYMNTS

DECEMBER 28, 2020

Discount supermarket retailer Save A Lot unveiled the sale of 51 retail locations run by the company in the Tampa, Florida market to existing Save A Lot Retail Partner licensee Fresh Encounter. The latter company will keep running the retail locations with the Save A Lot name, according to a Monday (Dec.

Retail 265

Retail Tampa Florida Community 265

PYMNTS

NOVEMBER 5, 2020

From where things stand in Q4 2020 it’s not hard to imagine physical retail going extinct. Noting the ways COVID has permanently changed retailing, CNBC recently reported , “As more and more stores go dark at the mall, some major retail executives are looking to grow outside of it — a tactic they hadn’t touted so publicly before.

Retail 252

Retail Millennials Online Report 252

PYMNTS

APRIL 21, 2020

The retail bankruptcy watch intensified Tuesday (April 21) as the department store sector was hit by reports of yet another major player looking at that option. Lord & Taylor, now joining Neiman Marcus, is considering a bankruptcy filing as the COVID-19 lockdown continues to decimate non-essential retail. billion in sales.

Retail 220

Retail Dallas Washington National 220

PYMNTS

NOVEMBER 16, 2020

Some retailers are just excellent about telling stories about themselves and about the products that they're selling,” Taylor told PYMNTS. The reason retailers find it easy to use, and the company’s unique value proposition, is that it builds and optimizes online storefronts in a no-code environment.

Retail 226

Retail Regional Branding Tools 226

PYMNTS

JANUARY 11, 2021

retail rents falling in many locales by percentages even greater than those seen in or after the 2007-08 Great Recession. These decreases are historic,” the Real Estate Board of New York wrote in a new report showing that average Manhattan retail asking rents fell in all of the island’s 17 retail corridors during autumn.

Los Angeles 207

Los Angeles Retail San Diego San Francisco 207

PYMNTS

NOVEMBER 22, 2020

Despite a recent surge in coronavirus cases, retailers are fighting for a rework and loosening of shopping restrictions before Black Friday and the holiday season. Retailers that sell essential items alongside their other products have been labelled “essential,” giving them an unfair advantage over other stores, some allege.

Retail 270

Retail Online Meeting Report 270

PYMNTS

MARCH 13, 2020

After it was forced to shutter its retail locations in China because of the spread of COVID-19, Apple Inc. The tech firm has also begun to make additional space in its retail locations and calling off some of its classes to stop the virus from spreading. has reportedly put all of them back into operation.

Apple 265

Apple Operations Retail Maine 265

PYMNTS

JANUARY 15, 2021

In retail technology, Toshiba Global Commerce Solutions ’ new Elera system aims to supplant in-store IT systems with a new cloud-enabled technology. And in digital innovation, mobile payments are bridging the cash and digital divide in Pakistan.

Technology 275

Technology Innovation Retail Payments 275

PYMNTS

APRIL 13, 2020

Prepare for a big week of retail data, all of it unprecedented in light of the COVID-19 pandemic. Starting with the Commerce Department retail sales data on Wednesday, retailers will get a sense of how much consumers are spending and the retailers they are spending with. For retailers, there are no surprises from March.

Retail 216

Retail Data Capital New York 216

PYMNTS

SEPTEMBER 4, 2020

But in other ways, it was business as usual, as the two biggest retailers in the world – Walmart and Amazon – posted stellar earnings numbers and competed in more muted ways for the U.S. percent of total consumer spending in Q2 (spanning all categories, including retail) and 9 percent of total retail spending. That’s up from 9.6

Retail 249

Retail Seattle Exercises Online 249

PYMNTS

SEPTEMBER 24, 2020

retail sales grew in September at their fastest rate in 18 months, Yahoo! The CBI surveys 123 companies, including 56 retailers. that “the data highlights that there have been clear winners and losers within the retail sector as spending habits have changed.” Retail employment in the U.K. As the U.K.’s As a result, U.K.

Retail 254

Retail Survey Industry Report 254