PYMNTS

JANUARY 21, 2021

Saks Fifth Avenue CEO Marc Metrick said luxury retail could be called “comfort food” for those mired in pandemic-related stress, CNBC reported. 21) during a virtual presentation at the National Retail Federation ’s Big Show event , CNBC reported. I think what we learned is [consumers] view luxury as the comfort food of retail.

Retail 172

Retail Report Online National 172

PYMNTS

APRIL 10, 2017

As more consumers are turning to online marketplaces like Amazon to get their shopping done, American retailers are closing their doors at a record pace. Of course, all of these closings will have an impact on retail space, with more than 10 percent of U.S. In the meantime, some retailers are focusing on eCommerce.

Retail 113

Retail Course Online Groups 113

PYMNTS

SEPTEMBER 16, 2016

Food and Drug Administration has begun cracking down on the online sale of e-cigarettes to minors, according to The Wall Street Journal. The FDA also sent warning letters to 28 cigar and e-cigarette retailers and three websites that sell cigars. Vape shops and the liquid nicotine they sell account for about $1.4

Online 100

Online Guidelines Retail Regulation 100

Bank Innovation

NOVEMBER 16, 2017

Alibaba Group created Singles Day back in 2009 as an annual shopping bonanza with various sales and offers. China’s Alibaba Group experienced its best Singles Day shopping event to date last week. The event, which is annually held on November 11 each year, processed nearly 1.5 billion transactions on that day, reports say. It is […].

Groups 210

Groups Report Online Retail 210

PYMNTS

OCTOBER 8, 2019

Basketball is one of the most popular sports – if not the most popular sport – in China, but there’s a little less NBA available today for online shoppers in that country, according to reports. Tencent has been the digital media partner of the NBA in China since 2009. The move comes after the general manager of that U.S.

Retail 116

Retail Houston Online Leadership 116

PYMNTS

AUGUST 4, 2017

Amazon’s shoe business has already experienced 18 percent growth year-over-year during the first two quarters of 2017— an indication that the online retailer’s investment in the footwear market is paying off. Amazon bought online shoe retailer Zappos in 2009 for $1.2 These growth rates surpass the total U.S.

Retail 100

Retail Online Study Marketing 100

Bank Innovation

MARCH 6, 2017

Today, Bank Innovation releases its most significant redesign and relaunch since the site initially dropped online in 2009. We hope you love the new Bank Innovation. When we started Bank Innovation, while the crosswinds of the credit crisis were still swirling, we were the lone voice for innovation at banks.

Innovation 150

Innovation Online social media Operations 150

Bank Innovation

FEBRUARY 28, 2017

We have undertaken our most significant redesign and relaunch since Bank Innovation initially dropped online in 2009. This beta officially kicks off today and marks a new chapter in the life of Bank Innovation. We hope you love it.

Innovation 150

Innovation Online social media Operations 150

PYMNTS

FEBRUARY 2, 2017

It was founded as a marketing agency called Get Me Listed in 2009. And while Get Me Listed offered a variety of services — the customer base, brick-and-mortar retailers — it was primarily interested in one: getting businesses listed in local directories. That has changed an awful lot since 2009. But SweetIQ has an answer.

Retail 100

Retail Los Angeles Data Marketing 100

PYMNTS

FEBRUARY 1, 2019

Items available for sale will range from the Air Force 1 drops to The Ten Collection — items that Nike said in an online post are “specific to Atlanta’s vibe.” Beyond the pop-up shop, the retailer is opening a “Studio of Dreams” Super Bowl Content Studio on the same block. It makes that purchasing much easier.”

Atlanta 127

Atlanta Retail New York City New York 127

PYMNTS

DECEMBER 16, 2016

With online sales expect to reach $392.5 billion this year, according to research firm eMarketer, shippers and retailers are facing increased pressure and costs to get orders out the door and delivered on time. percent annually since 2009 in an effort to counter rising costs. percent and 5.9

Retail 100

Retail Resources Software Trends 100

PYMNTS

JULY 24, 2017

People thought no one would ever buy art online, sight-unseen. The art world has been one of the industries most resistant to change and to moving online,” said Anna Carey, a spokeswoman for the online art marketplace Artsy , a global platform for discovering and collecting art. The market is headed in that online direction.”.

Online 125

Online Marketing Capital Industry 125

PYMNTS

SEPTEMBER 20, 2019

Sales of counterfeit goods, particularly on third-party sites that facilitate transactions between individual buyers and sellers, have skyrocketed with the advent of online shopping. Online Luxury and the Importance of Authentication. trillion by 2020.

Online 118

Online Millennials Community Fraud 118

PYMNTS

NOVEMBER 8, 2016

China’s State Administration for Industry and Commerce (SAIC) has warned retailers that it will be monitoring sales practices during Singles’ Day (Nov. Amazon, which just launched Prime in China at the end of October, along with JD.com, Baidu and other major retailers, are under similar SAIC scrutiny during Singles’ Day.

Comparison 138

Comparison Retail Online Industry 138

PYMNTS

APRIL 14, 2020

Retail demand has risen sharply for items like home cleaning supplies and groceries, while dropping off in other product categories, leaving companies to adjust to these shifting purchasing patterns. The global pandemic has thrown businesses into an entirely new playing field and left many scrambling to act.

Strategy 299

Strategy Meeting Report Payments 299

PYMNTS

NOVEMBER 12, 2018

The Chinese eCommerce retailer had been billing this year’s occasion as “the largest-ever in terms of scale and reach.”. million in sales on the first event in 2009. This year, the eCommerce retailer plans to kick off the event by offering a half a million items for preorder through Tmall. Everybody is the internet user.

Retail 158

Retail Mobile Online Groups 158

PYMNTS

MARCH 18, 2019

recently fell to the lowest rate since the 2007-2009 financial crisis, but a new product launch from JPMorgan Chase & Co. According to the Federal Deposit Insurance Corporation (FDIC), the percentage of unbanked Americans fell to its lowest level since the 2007-2009 financial crisis. The percentage of unbanked people in the U.S.

America 175

America Survey FDIC System 175

PYMNTS

JUNE 29, 2017

The business of helping people look and feel their best is bigger than ever, and consumers young and old are now heading online to get their fitness fix. NutraClick is one such player delivering on changing consumer expectations, both online and in retail stores. Building up Strength Online and in the Physical World.

Online 100

Online Software Apple Mobile 100

PYMNTS

JULY 14, 2020

Similar to Afterpay online, shoppers can pay for their in-store purchases in four installment payments. It is expected to be available in retail stores this month. retailers as they begin to open their doors and bring shoppers back to their physical stores.” The service is free of fees or interest if customers pay on time.

Google 151

Google Apple Retail Millennials 151

PYMNTS

MAY 18, 2017

The right product at the right price and the right time: that’s the retail recipe, and EDITED is providing real-time analytics to help apparel retailers worldwide cook up success. For retailers to succeed today, data is essential to guide their decision-making and compete on the global stage.”. “For

Analytics 109

Analytics Retail Data Strategy 109

PYMNTS

MAY 5, 2016

Absolutely no need to panic, then — unless the topic is retail bankruptcies , which increased year over year by 24 percent. Such is the double-edged sword of a retail industry swept up in innovation. For every new path cut through the market, the retailers standing in the way are cut down. January — Wet Seal. As of Feb.

Retail 100

Retail Branding Denver Management 100

CB Insights

FEBRUARY 13, 2020

As businesses and consumers become more comfortable using credit cards online, the proportion of US commerce that takes place online has steadily increased over the last 20 years. Specifically, the Collisons aimed to more seamlessly connect online businesses and payment processors, allowing more businesses to accept online payments.

Online 98

Online Company Retail Payments 98

PYMNTS

AUGUST 2, 2017

AR/VR doesn’t, however, seem like an obvious entrant into retail spaces on first blush, particularly retail spaces that are already physical. VR fashion shows that put one in the action in London or Paris or virtual fitting rooms that let online shoppers “try on” clothes virtually.

Retail 101

Retail Data Branding Technology 101

PYMNTS

MARCH 4, 2016

How many retail moguls made Forbes ’ The World’s Billionaires List this year? Of the 1,810 billionaires named to the list, 345 of them earned their fortunes (or at least part of them) in retail. If he were to oust Gates, as the Forbes article points out, he would be the first retailer to claim the number one position.

Retail 100

Retail Branding Millennials Examples 100

PYMNTS

NOVEMBER 25, 2019

The Supreme Court ruling has started the ball rolling for states and municipalities to tax eCommerce – specifically, out-of-state firms and online marketplaces. Data: $57M: Expected value of state revenue to be generated by Arizona’s online transaction tax in 2020. 12,000: Number of different sales and use taxes in the U.S.

Taxes 150

Taxes South Dakota Louisiana Massachusetts 150

PYMNTS

FEBRUARY 24, 2016

When it comes to a retailer protecting its assets — digital and otherwise — the intrinsic assumption might be that the focus ought to look outward. But the reality is that the greatest security threat facing retail companies, according to a number of recent surveys, often comes from within. It can be done online,” he told the NRF. “It

Retail 100

Retail Fraud Survey Branding 100

PYMNTS

OCTOBER 15, 2018

In 2009, consumers first coined the term “Whole Paycheck” as a tongue-in-cheek way to describe the sticker shock many felt when looking at their receipts after a shopping trip to Whole Foods. What’s driving that share of spend is the growing proportion Amazon has captured in the biggest chunk of it: retail. billion in June 2017.

Retail 198

Retail Online Analysis Data 198

PYMNTS

OCTOBER 20, 2018

On this day in history in the year 2009, the world of payments and commerce was changed forever. No, we’re not talking about the launch of Square – that was in February of 2009. True in 2009. The skies parted, the Earth shook and the song of angels was heard from on high. Well, that’s how we remember it, anyway.

Innovation 177

Innovation Payments Cards Retail 177

PYMNTS

AUGUST 19, 2016

bookstores had their first positive sales year last year since 2009. percent total in 2015 to just over $5 billion, after years of sharp declines since 2009 that sometimes saw losses of over 7 percent of total sales per year. According to information compiled by Statista , U.S. Bookstores sales were up 1.9 bookstore sales in years.

Retail 100

Retail Online Trends Data 100

PYMNTS

JANUARY 19, 2018

A popular eCommerce retailer, which has been called the “Costco for millennials,” is attracting potential investors, according to The New York Post. With warehouses in New Jersey, Dallas, Las Vegas and Atlanta, Boxed offers bulk-sized products similar to those found at big warehouse retailers like Costco Wholesale.

Millennials 128

Millennials Las Vegas New Jersey New York 128

PYMNTS

JULY 10, 2017

Contrary to what “People of Walmart” would have you believe, the big-box retailer isn’t just for one demographic of shoppers, and it’s trying to prove that by making a name for itself in the online marketplace world. Many remain hesitant to join forces with the retail giant, fearing it could hurt their shop’s identity. “I

Online 101

Online Branding Google Retail 101

PYMNTS

NOVEMBER 2, 2016

A quarter of those were put toward building malls a decade ago — just before the online shopping boom began. While net retail sales have increased 31 percent since 2009, eCommerce has doubled in that same time. 31 percent | Net retail sales increase since 2009. will close over the next decade.

Data 100

Data Regional Retail Online 100

PYMNTS

JULY 3, 2020

You may recall that 2009 was part of another economic downturn.). consumers are now buying retail goods online as of May 23, compared to 29.2 The share of consumers ordering from restaurants online has also increased, reaching 21.3 We’re in the long Independence Day weekend, of course. That equates to 700 million trips.

Las Vegas 200

Las Vegas Denver Colorado Online 200

PYMNTS

MARCH 3, 2020

Online marketplace and auction site eBay is looking to unload its South Korean unit, according to a report by Reuters. The unit includes one of the biggest online marketplaces in the country, called Gmarket. Gmarket was acquired by eBay in 2009 for around $1.2 Gmarket was acquired by eBay in 2009 for around $1.2

Online 140

Online Regional Groups Marketing 140

PYMNTS

MARCH 1, 2016

It’s not a federal holiday, and, accordingly, save for a few lightly promoted sales, the retail industry tends not to count on regular business associated with it. It’s not Christmas , after all. Heck, it’s not even Flag Day. Did the company push out a number of discounts on shoes that offer keen jumping ability?

Retail 100

Retail Branding social media Online 100

PYMNTS

OCTOBER 8, 2018

Amazon is taking a new approach to its brands, extending beyond its AmazonBasics and other private-label lines: The retailer is rolling out brands that are exclusive to the site, but are not actually owned by the company. Amazon’s private-label goods first launched in 2009, and include thousands of products in a wide range of categories.

Branding 166

Branding Retail Report Maine 166

PYMNTS

SEPTEMBER 3, 2019

Those innovations did more than just leverage digital and connected devices to make it easier for consumers and businesses to interact and to effectively blend the online and offline worlds. In 2009, the Uber app introduced consumers to a whole new way of getting transportation and a way for black-car drivers with the capacity to serve them.

Innovation 223

Innovation Payments Branding Cards 223