PYMNTS

MARCH 28, 2016

The final rule also allowed another 1 cent for fraud prevention in most cases – which (since it went into effect in 2011) has basically set debit interchange to a maximum of 24 cents per transaction. Pre-2011, debit card interchange fees averaged in the 44 cent range. That resulted in a big decline.

Retail 100

Retail Fraud Cards Regulation 100

PYMNTS

JANUARY 12, 2021

Michael Dubin , who started the brand in 2011, previously told the board of his decision to leave his chief executive position and will stay with the firm as a board member and special advisor. I'm absolutely thrilled to pass the torch to Jason [Goldberger]. billion consumers daily.

Branding 153

Branding United States Leadership America 153

PYMNTS

SEPTEMBER 25, 2017

According the National Retail Federation (NRF), Halloween this year will see record-breaking shopping numbers. Retailers are helping customers celebrate in style, with a huge selection of costumes, candy and decorations to cater to ghosts and goblins of all ages.”. percent in 2011. billion, up 8.3 billion, up 8.3

social media 130

social media Retail National Online 130

PYMNTS

JULY 15, 2016

The consumer goods market — generally one of the faster-moving in the nation — grew by 5.4 percent seen in 2011, according to Bain’s China Shopper Report released last October. Hit particularly hard in the Chinese slowdown have been luxury retailers, who had been enjoying somewhat of a boom in the Chinese market.

Retail 100

Retail National Trends Strategy 100

PYMNTS

OCTOBER 26, 2018

Magazines have been testing the waters of brick-and-mortar retail by opening temporary stores in major cities, and New York Magazine is no exception. The Strategist is not the only media brand to wade into brick-and-mortar retail. Earlier this year, the eCommerce retailer launched its first checkout-free convenience store in Seattle.

New York 135

New York New York City Chicago Branding 135

PYMNTS

FEBRUARY 27, 2019

Retailer JCPenney has decided to end a clothing subscription service as it continues to struggle financially, according to a report by Reuters. It offered high-end, private-label clothes as well as national men’s clothing brands in regular shipments for people who signed up. The fee was applied to kept clothes.

New York 109

New York Retail National Branding 109

PYMNTS

OCTOBER 11, 2016

The big-box retailer grew to national prominence on the idea of high-class stylings in a middle-class commerce venue, and the idea that there is a wide swath of customers out there who both consider themselves a little too discerning for Walmart and too smart to pay bust-out retail at high-line shops if they don’t have to.

Retail 100

Retail Millennials National Trends 100

PYMNTS

NOVEMBER 17, 2018

But before it was known as Black Friday, it was already a nationally established custom in the U.S. In one of the earlier examples of experiential retail innovation, in 1924 Macy’s hosted the first of its annual Thanksgiving Day Parades. to associate the end of Thanksgiving with the kick-off of the holiday shopping season.

Google 158

Google Retail Innovation Online 158

Abrigo

FEBRUARY 10, 2016

Small retailers continued to improve sales, but their sales increases were flat to slightly lower than in previous years. Separately, ADP’s recent National Employment Report showed positive hiring trends among small companies, too. million small businesses in 2011, and they made up all but 0.3 percent sales growth in 2014).

Data 150

Data Industry Trends Company 150

PYMNTS

NOVEMBER 23, 2017

In fact, for the last 154 years — ever since President Lincoln first enshrined a national day of Thanksgiving for the last Thursday of November in 1863 — turkeys accompanied by cranberry sauce and potatoes (both sweet and white) have consistently been served on dinner tables nationwide. farmer and the harvest they produce every year.”.

National 131

National Retail Survey Examples 131

PYMNTS

SEPTEMBER 1, 2016

One of the more long-grumbled complaints in retail is that Amazon and other eCommerce players are able to exploit a loophole that allowed them to mostly avoid charging sales tax. At present, Amazon collects sales tax in 28 sates (versus the six states it collected sales tax in in 2011). Recent data suggests — probably not.

Taxes 101

Taxes South Carolina Colorado New Jersey 101

PYMNTS

SEPTEMBER 9, 2016

As a British retailer, however, you need to acknowledge that you are now competing on a global, rather than national, stage. retailers from overseas consumers. The figures represent the highest percentage recorded since IMRG began the index back in 2011. “If you’re a merchant based outside the U.K., ” .

Survey 100

Survey Retail Software Online 100

PYMNTS

JUNE 8, 2017

Hudson Riehle, senior vice president of the National Restaurant Association’s research and knowledge group, and Peter Backman, managing partner at Peter Backman FS, explored the possibilities during a joint presentation at the National Restaurant Show in Chicago. GDP growth rate is at its lowest since 2011. percent, the U.S.’

Chicago 100

Chicago National Trends Branding 100

PYMNTS

SEPTEMBER 4, 2017

The recommerce trend is sweeping not just the nation, but perhaps the world. Venture capitalists are funding new entrants to the field, and features like authenticity guarantees, postings to social media, the use of data and post-sale services could propel the industry forward, according to a new report from Fung Global Retail & Tech.

Marketing 100

Marketing social media Retail Mobile 100

PYMNTS

DECEMBER 9, 2019

Chief among those efforts, of course, has been the (continuing) news that China is set to launch a nationalized digital version of the yuan. That means that 69 percent of the world’s population now has a bank account or something similar, up from 62 percent in 2014 and 51 percent in 2011.

Bitcoin 130

Bitcoin cryptocurrency Course System 130

PYMNTS

DECEMBER 9, 2019

Chief among those efforts, of course, has been the (continuing) news that China is set to launch a nationalized digital version of the yuan. That means that 69 percent of the world’s population now has a bank account or something similar, up from 62 percent in 2014 and 51 percent in 2011.

System 130

System Bitcoin cryptocurrency Course 130

PYMNTS

JULY 12, 2018

According to FT reports, Walmart has been approaching bankers to explore an exit by sale from Japan, as the international retail giant is seeking to divest itself of the struggling Seiyu supermarket chain. Japan is the latest nation that Walmart has backed out of in the last 12 months, as its international priorities are shifting.

eBook 100

eBook Retail Marketing Report 100

PYMNTS

NOVEMBER 27, 2017

3 billion | Amount that Amazon Lending has lent to SMBs since the program’s launch in 2011, with borrowers primarily from the U.S., 60 percent | Portion of Singapore’s national spend done through payment cards. 60 percent | Portion of Singapore’s national spend done through payment cards.

Lending 100

Lending social media Data Cards 100

PYMNTS

SEPTEMBER 11, 2018

Kaepernick’s relationship with Nike is not new, as he has been a client since 2011. Kaepernick released a tweet announcing that he, along with athletes LeBron James and Serena Williams, would be the spokespeople for Nike’s 30-year anniversary “Just Do It” campaign.

San Francisco 109

San Francisco Comparison National Trends 109

PYMNTS

MAY 23, 2018

In 2011, it bought startup Hunch for that purpose, and launched its Setify tool in 2012 so users could build personalized collections and wish lists. An eBay spokesperson said , “When it comes to personalization at-scale, most retailers merchandise the items that they are trying to sell. That project, notably, has been ongoing.

National 108

National Retail Trends Tools 108

South State Correspondent

MAY 1, 2024

Gentle Monster Background Founded in 2011 by Kim, Gentle Monster initially struggled to break through against large brands like Luxottica which controls an estimated 30% of the US market, and is behind almost every single designer eyeglass brand you can think of, including Ray-Ban, Oakley, Armani, Ralph Lauren, Chanel, Prada and many more.

Innovation 195

Innovation social media Branding Marketing 195

PYMNTS

MARCH 13, 2017

Americans are waking up slightly groggier this morning as we as a nation continue to adjust to Daylight Savings Time. According to the Brookings Institution, DST causes the nations robbery rate to drop by about 7 percent on average — and by about 27 percent during the evening hours. Costco Get (Slightly) Costlier. Google Buys in to FX.

Google 100

Google Tools Retail Groups 100

PYMNTS

APRIL 20, 2017

Some nations like Denmark and Finland, said Sundelin, have already been enforcing paperless invoicing for years. Businesses are wont to follow these regulations as well, Sundelin said, especially since some governments, like Denmark’s, have stopped paying on paper invoices all together as of 2011.

Compliance 109

Compliance Regulation National System 109

PYMNTS

SEPTEMBER 20, 2019

As measured by year over year trends, the company found that overall, late payments stood at an average of 10 days, the lowest level seen since 2011. Drilling down into the data, late payments were still in evidence In retail, averaging nearly 13 days, and then came the mining sector at 12.7 Kanye’s Alleged Late Payments.

Payments 100

Payments Data Study Course 100

PYMNTS

APRIL 12, 2017

The online retail giant’s estimated market cap sat at just a tad over $439 billion—nearly twice that of Walmart. if it can get more retail locations to participate as tellers. Well, as long as it happened between November 2011 and May 2016.). This week, Amazon is at it again.

San Diego 101

San Diego Retail Online Marketing 101

PYMNTS

OCTOBER 25, 2019

million gallon water park, a beach kept at 87 degrees Fahrenheit year-round, a Sea Life aquarium, a regulation National Hockey League skating rink and an aviary featuring local birds, among other features. Triple Five Group then agreed to take over the project in 2011. . Multiple attractions will make the New Jersey mall a destination.

New Jersey 100

New Jersey Groups Apple America 100

PYMNTS

SEPTEMBER 23, 2016

The national average annual percentage rate (APR) for credit card debt is 15.22 The last time the national average for credit card APRs hit 15.22 2011 during the peak of the holiday shopping season. percent, according to CreditCards.com’s weekly Credit Card Rate Report. percent was in Dec.

Cards 100

Cards Report National Millennials 100

PYMNTS

JULY 16, 2018

billion) in Spain and created over 2,000 permanent jobs since 2011 and we continue to be committed to Spain.” “Amazon has already invested over 1.1 billion euros ($1.29 and around the world.

Groups 100

Groups Course Report National 100

PYMNTS

AUGUST 21, 2017

That garage is now a private museum and is listed on the National Register of Historic Places. And, in 2011, eBay acquired eCommerce tech platforms GSI Commerce and Magento to create more synergies with the online retailers that were its customers. Speaking of online retailers, eBay went all out to court them.

Online 128

Online Retail San Francisco Mobile 128

BankBazaar

NOVEMBER 18, 2021

According to an RBI document from March 2011, the average number of non-cash transactions per person was only six per year. In 2011, just a small percentage of the approximately 10 million retailers expected card payments, according to the same paper and around 145 million households were not connected to the banking system.

Payments 78

Payments Cards System National 78

NCR

AUGUST 21, 2017

Pew Research Center released figures in January 2017 showing that 77 percent of Americans now own a smartphone, up from 35 percent in 2011. Today, half of Kenya’s citizens use the service and a quarter of national GDP flows through it. Smartphone ownership has been rising consistently for years and shows no signs of slowing down.

Mobile 81

Mobile ATM National Marketing 81

NCR

SEPTEMBER 15, 2017

After years of lagging behind many other developed nations, the US market is rolling out EMV technology. In the UK, for example, where chip-and-PIN cards have been commonplace for over a decade, figures from Financial Fraud Action UK show CNP fraud losses have been rising steadily since 2011, reaching a record high of £432.3

Fraud 84

Fraud Cards Security US 84

PYMNTS

NOVEMBER 11, 2019

The fee-free card is Goldman Sachs’ latest inroad into the retail consumer business after establishing its online Marcus brand in 2016, which makes unsecured personal loans. He also threw in the obligatory plug, noting that Massachusetts has a “nation-leading innovation economy with a highly educated and skilled workforce.”.

Apple 101

Apple Massachusetts Data Cards 101

PYMNTS

AUGUST 22, 2018

We knew we wanted to build a nationally-known mass retailer,” Shah told The Boston Globe , noting that over the next ten years, Wayfair grew from a bootstrapped spare-bedroom operation to a business boasting up to a half a billion in annual sales. They hired almost nobody from the furniture world; they look for raw aptitude.

Boston 100

Boston Online Data Retail 100

CFPB Monitor

MAY 12, 2021

The Fed’s final rule implementing the Durbin Amendment (Regulation II) went into effect in October 2011. Nearly ten years later, the final rule is still provoking controversy in the form of a new lawsuit and proposed amendments to the rule and its official commentary. New Lawsuit.

North Dakota 78

North Dakota Cards Regulation Fraud 78

CFPB Monitor

FEBRUARY 8, 2016

million settlement fund to provide redress for affected consumers who allegedly were “overcharged” when they entered into retail installment sale contracts from January 1, 2011 through the Effective Date. (The The settlement also includes monetary relief consisting of a $19.9

Policies 60

Policies Company Compliance United States 60

PYMNTS

JULY 14, 2018

Here at PYMNTS, we see it all, often in the form of press releases – most of which claim to be the next big thing in retail, commerce and financial services. For example, according to Petplan, an insurance company for pets, pet parents dropped $62 million in 2011 on plastic surgery for their pets. One such popular cosmetic procedure?

New York 103

New York Branding Trends Course 103