PYMNTS

JANUARY 9, 2018

Target is reporting strong in-store and online holiday sales, according to The Wall Street Journal. Economists predicted 2017 could be one of the best holiday seasons since 2011, largely because of low unemployment rates and rising wages. The holiday season was a good one for retail in general, though.

Online 109

Online Retail Apple Strategy 109

PYMNTS

JANUARY 7, 2020

Although earlier reports of a retail apocalypse were overstated at first, the latest statistics seem to indicate “that the scales may have tipped,” said Barbara Denham, senior economist at Reis. percent in 2011 following the 2008 financial crisis. Overall retail sales from Nov. percent of shops were empty. 24 were up 3.4

San Francisco 162

San Francisco Indianapolis Texas Retail 162

PYMNTS

NOVEMBER 10, 2020

Most online merchants rely solely on SSL/TLS to encrypt the data being sent from their websites. New York-headquartered PAAY, a consumer authentication innovator co-founded in 2011 by James Ruffer and Yitz Mendlowitz, has a new security solution that aims to obliterate hacking and fraud threats.

Security 233

Security New York Atlanta Fraud 233

PYMNTS

AUGUST 12, 2019

Subscription commerce is attractive to entertainment platforms as well as retail businesses because it locks in revenue streams, and customer data can help with planning and forecasting. Subscription commerce isn’t immune to the retail data breaches that have become widespread, though it does have different payment issues.

Retail 118

Retail Video Security Software 118

PYMNTS

NOVEMBER 21, 2016

Grocery retailer Winn-Dixie opened a second location of its next-gen, upscale store concept in Tampa, Florida, in the beginning of November. Overall, online retail in the U.S. has seen uninterrupted growth since 2011. In 2015, grocery purchases accounted for less than 2 percent of the $341 billion spent online.

Online 100

Online Marketing Taxes San Francisco 100

PYMNTS

JANUARY 6, 2017

Koupon is a mobile offer platform and redemption network, powering offers for over 43,000 retailers and the world’s largest CPG brands. Its reach, patented offer delivery and security technology, Koupon helps brands and retailers drive sales by targeting consumers and delivering offers when consumers are ready to buy.

Retail 109

Retail Data Mobile Branding 109

PYMNTS

SEPTEMBER 22, 2020

The biggest investor in Dallas-based GameStop has reportedly set his sights on a lofty goal — having the video-game retailer take on the Goliath of eCommerce, Amazon , in an epic battle. In 2011, Cohen started Chewy.com and went on to serve as CEO. In 2017, PetSmart bought the online pet store for nearly $3.4

Video 212

Video Dallas Retail Report 212

PYMNTS

AUGUST 12, 2016

That question has become the bane of eCommerce’s existence and one that numerous retailers have been trying (and failing) to solve. In 2014 alone, about $4 trillion in merchandise was simply abandoned and never purchased in online shopping carts by consumers. What’s going on here? cart abandonments.”.

Online 100

Online Apple Mobile Retail 100

PYMNTS

SEPTEMBER 29, 2016

One of the unintended consequences in the rise of eCommerce is a related rise in cyberfraud attacks on online shoppers. Since its founding, Shape Security’s clients — which count among them two of the world’s top airlines, both the world’s largest banking and hotel chains, one of the top 10 retailers in the world and “one of the largest U.S.

Online 100

Online Security Fraud Retail 100

PYMNTS

JANUARY 3, 2019

While any number of brands now market their wares on sustainability, inclusivity and transparency as of 2019, when Everlane was first getting off the ground in 2011, those buzzwords were far less common. Retail, he noted, has been driven by discovery and experience since the beginning of the sale of goods.

Retail 116

Retail San Francisco Branding New York 116

PYMNTS

OCTOBER 4, 2019

Online retailers are expanding their brick-and-mortar footprints – and using feedback from eCommerce customers to inform the selections in their new stores. There are also digital price tags for every item, and Prime members can pay the discounted online price for their selections at the store. In Other Brick-and-Mortar News.

Retail 109

Retail United States San Francisco Boston 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

OCTOBER 22, 2020

No other platform features the PICKUP Good Guys, a curated network of vetted independent contractors delivering big and heavy goods, enabling PICKUP to provide retailers greater value across their assortment than any other solution on the market today,” she said. Postmates was launched in 2011 and is based in Silicon Valley.

Dallas 150

Dallas Texas Retail Customer Experience 150

PYMNTS

APRIL 24, 2019

The RealReal , an online retailer for authenticated luxury consignment, has authorized the sale of up to $70 million in new shares that could put its valuation at $1.06 Earlier this year, it was reported that the online retailer was considering an initial public offering (IPO) for later this year.

San Francisco 139

San Francisco Delaware Capital Retail 139

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

MAY 30, 2018

In a blog post , PayPal said Jetlore’s platform is used by some of the leading retailers around the globe. Jetlore is based in San Mateo, California and was founded back in 2011 by PhD students from Stanford University’s computer science program. All three will join PayPal. billion in cash.

Customer Experience 148

Customer Experience Retail California Online 148

PYMNTS

JANUARY 20, 2017

As retail pushes further into online spaces, many marketers and merchants alike are focused on clicks and open rates to measure the success of campaigns and consumer outreach, said Matt Williamson, cofounder and CEO of Windsor Circle. based company takes a different, data analytics approach to online retail marketing.

Retail 100

Retail social media Analytics Data 100

PYMNTS

MARCH 27, 2017

Online styling company Stitch Fix is in preliminary discussions with bankers regarding an initial public offering, according to Fortune. Founded in 2011, the company offers a subscription service of regular fashion “fixes,” or curated boxes of clothing compiled by both human stylists and data analytics.

Online 100

Online Company Capital Analytics 100

PYMNTS

MAY 7, 2018

More retailers are adopting the view that closing stores isn’t a failure or a loss, but simply a pathway to greater success. The brand had recovered from that dip by 2011, and earnings per share followed a similar trajectory. In fact, it says more than half its sales are generated online. In Other Brick-And-Mortar News.

Retail 102

Retail Branding Conference Resources 102

PYMNTS

OCTOBER 6, 2020

One year ago, Piper Jaffray researchers found that American teens spent $2,371 per year, the lowest level for the age group since the fall of 2011. When they do shop for makeup, 91 percent of female teens prefer to do so in a store rather than online. The data, gathered from 9,500 teens across 42 U.S.

Survey 255

Survey Report Branding Groups 255

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

JULY 12, 2019

The executive would work under Marc Lore, who is the company’s online leader, Fortune reported. According to a memo that Bloomberg obtained, the vacancy opened up when Scott Hilton departed the retailer in May. Amazon acquired that firm in 2011, and Lore left the eCommerce retailer to create Jet.com and Hilton came with him.

Retail 145

Retail Report Online Company 145

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

PYMNTS

DECEMBER 18, 2020

In doing so, we bring the power of community to buying and selling online. We created Poshmark in 2011 to make buying and selling simple, social and fun. That’s not surprising, as Target reported a 155 percent jump in third-quarter digital sales , while Walmart ’s online sales grew 79 percent during the same period.

social media 232

social media Online Millennials Training 232

PYMNTS

DECEMBER 1, 2017

Brick-and-mortar bulk retailer Costco Wholesale is reporting double-digit growth for the month of November, marking the 14th month in a row of increased sales, according to Thursday (Nov. 30) reports from retail news source Chain Store Age. Net Costco sales came in at $11.26 billion for November, up 13.2 percent from the $9.95

Retail 115

Retail Report Online Industry 115

PYMNTS

AUGUST 24, 2018

Retailers are cutting back on their brick-and-mortar footprints as consumers opt to shop online and away from malls, and Sears has been hit particularly hard. And Sears plans “to evaluate our network of stores, which is a critical component to our integrated retail transformation and will make further adjustments as needed.”.

Retail 100

Retail Colorado Branding California 100

PYMNTS

JANUARY 8, 2020

Long live physical retail. In particular, all retail anchor stores have been spoken for — which is critical for malls because those locations, typically department stores, are key in driving foot traffic.”. Granted, retail does not get all the credit for this. percent in 2011 following the 2008 financial crisis.

San Francisco 131

San Francisco Indianapolis New York City Retail 131

PYMNTS

JUNE 2, 2020

The online retailer said it plans to bring approximately 2,000 stylists onboard in lower-cost areas such as Pittsburgh, Dallas, Minneapolis, Cleveland and Austin, starting in the summer and extending into 2021. In March, the retailer announced that two distribution centers had been temporarily shuttered due to COVID-19.

California 131

California Cleveland Minneapolis Austin 131

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 Another $2.7

social media 130

social media Retail National Online 130

PYMNTS

OCTOBER 22, 2018

According to the Chicago Tribune , the Wish Book will still be available online in early November. The printed version was reintroduced after a six-year hiatus for the retailer’s “best members” of its Shop Your Way program. The move comes after Sears announced on Oct.

Chicago 108

Chicago Branding Retail Online 108

PYMNTS

MARCH 10, 2020

The online personal styling service Stitch Fix saw its shares plummet more than 30 percent on Tuesday (March 10) after the startup’s second-quarter sales for fiscal year 2020 missed analysts’ estimates, according to reports. As of 3:55 p.m. on Tuesday (March 10), Stitch Fix shares were down about 25 percent, trading at $15.78. billion to $1.93

Retail 130

Retail Data Company Branding 130

PYMNTS

JULY 31, 2019

subscribers last quarter, marking the first time since 2011 that the company has lost more American subscribers than it gained. The console is expected to retail for $129.99 Deep Dive: How Online Gaming Competes in a Global Subscription Market. Developments From Around the World of Subscription Commerce.

Video 139

Video Google Online Security 139

PYMNTS

APRIL 22, 2019

That’s reportedly the case when it comes to luxury retail brand Gucci. According to a new report in the Financial Times , Gucci plans to open six call centers, including in such cities as Florence and Shanghai, as the retailer chases consumer demand for smartphone-enabled commerce, especially among millennials in the hunt for luxury goods.

Millennials 158

Millennials New York City social media Branding 158

PYMNTS

APRIL 15, 2020

Article is an online furniture pure-play. Founded in 2011 as a high-end home décor brand, it turned a profit after just two years. Being online-only, and having our in-house delivery team and strong delivery partners, has made us extremely adaptable to the first round of retail challenges brought on by COVID-19.”.

Marketing 141

Marketing Los Angeles Branding Customer Experience 141

PYMNTS

OCTOBER 31, 2016

The deal comes shortly after the retail giant made three other large eCommerce initiatives in China. We look forward to deepening our cooperation with Walmart as China’s O2O retail industry continues to evolve and grow.”. Walmart has had an online presence in China since 2011 after buying part of the Yihaodian supermarket business.

Retail 100

Retail Online Branding Report 100

PYMNTS

FEBRUARY 27, 2020

There are still retail clerks and waiters; tailors and dry cleaners; drivers and warehouse workers — just as there were when the 21st century got off the ground. Uber , Lyft , Fiverr , Airbnb , Postmates were the early names in the game, all founded between 2009 and 2011. Some lasted; some did not.

Community 236

Community Mobile Course Software 236

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