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.”. expat effort.

Retail 132

Retail Marketing US Connecticut 132

PYMNTS

JANUARY 31, 2020

Online fashion marketplace Moda Operandi announced a $100,000 funding boost that it will use to invest in its technology and bolster business overall. But some fashion retailers have begun riding new trends, such as relying more on third party messaging apps to reach those interested, rather than traditional websites.

Online 134

Online Trends Capital Branding 134

PYMNTS

MARCH 5, 2019

JD.com, one of the biggest eCommerce retailers in China, has teamed up with Google to launch a store on Google Express, according to a report by Reuters. . Even though Google search hasn’t been accessible in China since 2010, the company maintains sales and engineering teams in the country.

Google 116

Google Online United States Big Data 116

PYMNTS

SEPTEMBER 28, 2020

Take, for example, Italy, where Amazon has been operating since 2010 with what The New York Times describes as rather “muted success” since selling its first children’s book in the nation nearly a decade ago. The degree to which consumers intend to continue shopping online seems to depend on the types of products and services they purchase.

Marketing 237

Marketing Survey Online New York 237

PYMNTS

JANUARY 8, 2019

After 126 years in business as an iconic American retailer, Sears Holdings has reportedly turned down a bid by Chairman Eddie Lampert to help it stay open. The hedge fund will reportedly refer to the advisory fees incurred by Sears over its bankruptcy, which are said to make up a portion of the retailer’s administrative expenses.

Retail 177

Retail Report Online Payments 177

PYMNTS

DECEMBER 15, 2017

Retail isn’t all about taking people’s money. Yet luxury brands have been slower than most other retailers to embrace digital innovation – for storytelling or for anything else. For some, the journey is as rudimentary as introducing a shoppable online presence. They saw technology as antithetical to that.

Retail 129

Retail Branding Mobile Tools 129

PYMNTS

JULY 18, 2016

Retail sales got off to a shaky start this year, but things seem to be turning around for the U.S. retail and food services industries, which saw an uptick in sales in June. Census Bureau reported on Friday (July 15) that retail and food services sales for June came in at $457 billion, up 0.6 percent from May and up 2.7

Retail 100

Retail Online Industry Report 100

PYMNTS

JUNE 13, 2017

BOPIS – buying online and picking up in the store – is quick and easy for customers, offering the best of both worlds: They can browse to their heart’s content on the device of their choice, and then, instead of waiting five to seven days for shipping, they can pick up the purchase the same day. It has advantages for retailers, too.

Retail 111

Retail Data Online Management 111

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

PYMNTS

OCTOBER 11, 2018

Online or in the real world, while shopping for goods or ordering food , consumers’ favorite experiences seem to be the ones they can self-direct. Increasingly, it seems retailers need not only ask what they can do for their consumers, as those consumers want to be doing it on their own.

Data 139

Data social media Online Retail 139

PYMNTS

MAY 16, 2016

The retail sector in the region grew by 209 percent from $4.4 billion in 2010 to $13.6 As the online economy booms, many are rushing to make predictions about continued growth, The Economic Times reports. billion in 2014, more than tripling in fewer than five years. Compare this with Australia (90 percent), the U.S. (87

Retail 100

Retail Marketing Online Mobile 100

PYMNTS

NOVEMBER 28, 2016

Layoffs in the retail sector have soared high this year. The number of layoffs has already well surpassed April’s projection of 37,000 retail positions cut by year’s end. The retail sector lost over 43,600 jobs as of mid-August alone, a number already towering over the 30,273 retail jobs shed back in 2010 and previous estimates.

Retail 100

Retail Innovation Technology Trends 100

PYMNTS

NOVEMBER 8, 2016

Although it is credited with being one of the first companies to offer wedding and bridal party dresses online, J.Crew’s e-store is ending its love affair with the bridal business, which was among the first of its kind when it launched back in 2004. According to the New York Times, the retailer may have been a victim of its own success.

New York 159

New York New York City Retail Online 159

PYMNTS

SEPTEMBER 30, 2019

These laws were meant to make online sellers face sales tax requirements similar to those for retailers with on-the-ground locations, putting both types of businesses on equal footing. Small tobacco retailers can therefore struggle to build visibility among consumers when entering new markets.

Retail 109

Retail Taxes Virginia South Dakota 109

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

JUNE 29, 2020

Infraud was created in 2010 by Svyatoslav Bondarenko, 34, of Ukraine, to promote and grow interest in the Infraud Organization as the premier destination for purchasing retail items with counterfeit or stolen credit card information online, the Justice Department alleged in the indictment.

Nevada 201

Nevada Cyber Security Study Security 201

PYMNTS

AUGUST 15, 2019

The “online version of a payments terminal” was how the media portrayed Visa ’s acquisition of CyberSource in 2010. Then, it was a very easy way to mentally place the online payments processor in what was at the time a nascent online payments ecosystem. A decade ago, he noted, most merchants were trying to “get online.”

Payments 207

Payments Online Tools Retail 207

PYMNTS

APRIL 28, 2017

India has been the next bastion of growth for eCommerce companies, including Amazon and Alibaba, but the market is still in its infancy, accounting for just 1 percent of the world’s spending online. While the penetration rate has slowed the growth of eCommerce, it also provides a big opportunity as more people in the country come online.

Study 155

Study Online Maine Marketing 155

PYMNTS

SEPTEMBER 12, 2016

The rise of eCommerce , the push toward omnichannel shopping platforms, the increasing relevancy of social media on shopping habits and the development of the Internet of Things to plumb every last morsel of data on customers and what they spend money on are all rapidly and drastically altering the face of retail. more than doubled from 3.3

Retail 100

Retail Millennials Study social media 100

PYMNTS

JUNE 3, 2016

These days, retail merchants must reach customers, both in-store and online, securely and conveniently. According to Dasilva, the past decade-plus has brought three major payments revolutions, each of which shook the retail industry. The challenge for the last year has just been educating our customer base.

Retail 100

Retail Apple Fraud Online 100

PYMNTS

OCTOBER 5, 2016

Going into a highly competitive 2016 holiday shopping season, the latest news is that the electronics retailer knowingly sold recalled products to consumers for five years from 2010 to 2015. 600 | The number of recalled items Best Buy distributed from 2010 to 2015, according to the U.S. Best Buy or the worst buy?

Data 128

Data Online Retail Report 128

PYMNTS

JANUARY 8, 2021

Industry leader Blockbuster Video went from a peak of more than 9,000 stores in 2004 to filing for bankruptcy in 2010. and it seems to exist as much as a curiosity, tourist attraction and online source for T-shirts and other souvenirs as it does as a functioning store. Today, only a single Blockbuster remains in Bend, Ore.,

Video 266

Video US Operations Industry 266

PYMNTS

MARCH 30, 2020

Bad actors can attack debit cards in many different ways, from deploying card skimmers in physical point-of-sale (POS) devices to stealing payment credentials as well as hacking online databases to make off with sensitive card information. customers can use to leverage funds stored in their crypto wallets for in-person retail payments.

Cards 165

Cards Security cryptocurrency Payments 165

PYMNTS

DECEMBER 20, 2018

Dynamic pricing promises to keep making strides in 2019, with vendors updating their repricing software (“repricing” is another term for “dynamic pricing”), and online sellers engaging in increasingly fierce competition to win the buy box. earlier in December launched a repricing software product for Walmart online marketplace sales.

Software 157

Software Retail Analysis Online 157

PYMNTS

SEPTEMBER 17, 2020

the San Francisco-based peer-to peer lending firm and OnDeck Capital, the New York-based online small business lending company, which went public at the time were already trading down, Housing Wire reported. is the nation’s largest retail mortgage lender. Quicken Loans Inc., the parent company of Rocket Cos.,

San Francisco 160

San Francisco New York Lending California 160

PYMNTS

MARCH 18, 2016

The company, oft referred to as the “Salesforce of Wholesale,” aims to bring business-to-business commerce into the digital age with software that enables wholesale businesses to sell online. To date, the company has raised a total of $23.5

Online 100

Online New York City Software New York 100

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. The deal as a whole could potentially be worth $5 billion. Also, private equity fund MBK could potentially be interested.

Online 140

Online Regional Groups Marketing 140

Bank Innovation

DECEMBER 6, 2018

Digital media usage has nearly tripled since 2010, with the prevalence of smartphones responsible for more than 90% of this growth. The face of banking and financial education has changed how we market in the course of a few short years. Smartphones have become the device of choice for well over half of digital media […].

Millennials 170

Millennials Marketing Trends Mobile 170

PYMNTS

JULY 10, 2020

China’s global technology company specializing in online retail, and its Russian partners have set a goal of $10 billion in annual revenues by 2022-2023, Reuters reported. Alibaba’s AliExpress debuted in 2010 and is popular in the U.S., AliExpress Russia , the eCommerce venture between the Alibaba Group Holding Ltd.,

Online 140

Online Maine America Groups 140

Bank Innovation

FEBRUARY 6, 2019

In 2010, when Patrick Collison founded Stripe Inc. with his younger brother John, he thought the world was headed toward ever-increasing globalization, economic stability and international commerce. Now, based on the events of the last couple years, no one holds “so Panglossian a view,” said the 30-year-old chief executive officer.

Operations 170

Operations Google Capital Online 170

PYMNTS

DECEMBER 28, 2018

When it comes to retail, recollections seem likely to linger upon the ongoing (and significant) growth in eCommerce, the developing relationship between online and physical stores, a big boost in apparel sales, and the role of mobile in the journey from browsing to purchase. Online shopping grew 19.1 But that’s not all.

Retail 156

Retail Trends Course Online 156

PYMNTS

JANUARY 15, 2018

To help develop its technology to drive online clothes purchases through recommendations, a startup that uses machine learning to help pair consumers with clothes that fit their size and style raised $55 million in a Series C funding round, TechCrunch reported. was acquired by Japan’s largest online retailer, Rakuten , in 2015.

Retail 118

Retail Capital Online Data 118

PYMNTS

NOVEMBER 28, 2020

For years, the weekend after Thanksgiving has been a harmonic convergence of made-up shopping holidays, concentrating Black Friday and Cyber Monday into three days of riotous retailing. This year, it falls on Nov. And incidentally, about the cat gear: What were you thinking? And incidentally, about the cat gear: What were you thinking?

social media 198

social media National US Retail 198

PYMNTS

NOVEMBER 26, 2018

This brings the estimated total spending on the day to $103 billion since 2010, reported Amex. In addition to supporting brick-and-mortar businesses, 41 percent of consumers surveyed said they shopped small businesses online. The event, created by American Express as an offshoot to Black Friday , brought in an estimated $17.8

social media 193

social media Survey National Community 193

PYMNTS

MARCH 10, 2020

Fifth Third’s compensation and employee incentive structure does not reward retail employees for opening unauthorized accounts, nor does it give them sales quotas or product-specific targets,” the bank said. Fifth Third called the allegations “unnecessary and unwarranted,” according to the Wall Street Journal (WSJ).

Los Angeles 167

Los Angeles Illinois Meeting Retail 167

PYMNTS

MARCH 14, 2019

The release of a new Google app development tool is among the latest steps to try to bring more mobile accessibility to people with disabilities — a push that’s been going on in the background of digital retail and associated areas almost since the beginning. Netflix and Target Cases.

Google 161

Google Tools Mobile Retail 161

PYMNTS

FEBRUARY 16, 2018

The eyeglass retailer is aiming to have approximately 100 stores in the U.S. Warby Parker currently has 64 stores in markets the retailer carefully chose. We think the presentation by retail experts of ‘either [online] or [offline]’ is a false choice,” Warby Parker CEO Neil Blumenthal told CNBC. “It

New York 101

New York Retail Online Meeting 101