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. A data team from the eCommerce retailer determines what is sold at the locations, Amazon Physical Stores Director Drew Sheriff told MetroWest Daily News.

Retail 109

Retail United States San Francisco Boston 109

PYMNTS

JUNE 2, 2016

The common theme to all the “stores of the future” currently under construction across the retail landscape is the centrality of the consumer and the necessity of rebooting the shopping experience. Yes, the future of retail might just be in a mall right now, which was probably a plot twist you weren’t expecting.

Retail 100

Retail Innovation Mobile Technology 100

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

JULY 10, 2020

The nCino Bank operating system is a single, multi-tenant cloud platform that digitizes client onboarding, loan origination and deposit account opening across commercial, small business and retail lines of business. Founded in 2011, the company reported $153 million in revenues for the 12 months that ended on April 30.

North Carolina 197

North Carolina Software Compliance Security 197

PYMNTS

OCTOBER 15, 2018

Lampert had long vowed to bring Sears back to the days when it was a leading retailer, but his efforts failed to take off with consumers. Sears hasn’t had a profit since 2011, and Lampert has faced criticism that he let the physical stores deteriorate.

Branding 162

Branding Retail Report US 162

PYMNTS

AUGUST 7, 2018

He said the company’s pilot program, which initially sold meal kits in 17 Costco stores and has expanded to 80 locations within three months, has “further validated to us the power of Costco’s retail platform.” Retailers have realized that consumers still like to come into stores,” Kilcourse said.

Retail 101

Retail Company Strategy Branding 101

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. As Sears winds down operations at those stores, the retailer is planning to have liquidation sales at 33 Sears-branded stores and 13 stores under the Kmart banner starting next week.

Retail 100

Retail Colorado Branding California 100

PYMNTS

NOVEMBER 15, 2018

As Sears faces calls to wind down its operations, the retailer is reportedly putting the finishing touches on a deal for $350 million in financing with Great American Capital Partners, along with other lenders. The retailer reportedly chose the proposal from Great American Group, along with partners, over one from hedge funds.

Retail 123

Retail Capital Branding Report 123

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

AUGUST 12, 2020

Every subscription retail service — or any retail company for that matter — needs a supply chain. If it dries up or hits big obstacles, the whole operation can be thrown off. And so, Bespoke Post was born in 2011. and Canada. Recently it expanded beyond men’s products to include women or gender-neutral categories.

Branding 245

Branding US Retail Examples 245

PYMNTS

OCTOBER 3, 2019

Some geographies are coping with the upheaval in retail better than others, as vacancies in U.S. percent of units were empty in Q3, “equaling a post-financial crisis high reached in 2011,” according to the report. However, the retail vacancy rate was under 7 percent in 17 cities, with San Francisco taking the lead at 4.1

San Francisco 111

San Francisco Las Vegas Albuquerque Memphis 111

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

MAY 17, 2018

When private equity partners Leonard Green & Partners and CVC Capital Partners took the company private in September 2011, the deal was worth almost $3 billion. Retail IPOs, in general, have been rare amidst industry struggles. They have since paid themselves a number of dividends. exchanges, raising a total of $10 billion.

Massachusetts 115

Massachusetts Retail Capital Groups 115

PYMNTS

DECEMBER 11, 2018

ShopKeep , a tablet-to-cloud and point-of-sale (POS) payment platform for retailers and restaurants, has closed a $65 million round of equity and debt financing, according to the company. Tribeca Venture Partners , which led the company’s Series A round in 2011, led the financing.

Mobile 125

Mobile Payments Software Capital 125

PYMNTS

JANUARY 24, 2019

24) — you could be on your way to owning a pallet’s worth of mostly overstocked items , products that included a mystery collection of grocery and drugstore items, a “truckload” of apparel and accessories, the total of which retail for $620,611. Retailers are losing billions and billions of dollars on the way returns are managed,” he said.

Online 128

Online Retail Course Policies 128

PYMNTS

MARCH 6, 2019

The jeans maker and retailer is looking to have court approval for its reorganization plan by mid-April, The Wall Street Journal reported. return the [company] to its prerecession profitability, ensure its ability to continue operating in the U.S., Amid shifting consumer buying habits and reported missteps internally, Diesel USA Inc.

Branding 118

Branding Retail Report Strategy 118

PYMNTS

APRIL 10, 2018

In 2017, for example, the retailer closed 18 stores and 11 stores in 2016. But Best Buy did open seven new stores in 2011. Fast forward to 2018 and the mobile-phone business has matured, margins have compressed and the cost of operations in our mobile stand-alone stores is higher than in our big-box stores.”.

Mobile 118

Mobile Retail Apple Examples 118

PYMNTS

JULY 22, 2019

On the heels of Just Eat’s merger of customer and restaurant operation teams, Just Eat is shrinking its workforce to get rid of redundancies. Existing customer and restaurant operations teams were combined into one global unified team so the company can “…ensure our operations are set up to deliver the best possible service.”.

Operations 136

Operations Mobile Strategy US 136

PYMNTS

JANUARY 9, 2018

Economists predicted 2017 could be one of the best holiday seasons since 2011, largely because of low unemployment rates and rising wages. Same-store sales for locations that had been in operation for at least a year saw a 3.4 The holiday season was a good one for retail in general, though. The same segment saw a 1.3

Online 109

Online Retail Apple Strategy 109

PYMNTS

MARCH 22, 2018

Green Chef has been in operation for about four years. For HelloFresh , the company focused on the big bump the acquisition would offer its logistics operations. The acquisition of Green Chef will drive synergies for operations, logistics and procurement.

Colorado 134

Colorado Operations Report Company 134

PYMNTS

MARCH 28, 2018

In a press release , Equifax said Begor will start on April 16 and is coming to Equifax from Warburg Pincus, where he was a managing director and focused on operational improvement across the portfolio of companies that fall in Warburg Pincus’ Industrial and Business Services unit.

Leadership 100

Leadership Capital Data Analytics 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 17, 2017

At the same time, former retail rivals and now-partners Grubhub and Yelp are agreeing to a five-year alliance that includes the integration of Grubhub ordering into Yelp’s listings. Grubhub pays a “partnership fee” for orders placed through Yelp. Both Groupon and Grubhub are Chicago-based, although OrderUp calls Baltimore home.

Baltimore 138

Baltimore Boston Chicago Mobile 138

PYMNTS

APRIL 19, 2019

The Olsen twins’ fashion empire has had a rather twisty and turny path through the world of retail apparel. The Row’s most beloved item of 2011, for example, was an alligator handbag that promptly sold out – even though its retail price was $39,000. It is coming to Kohl’s.

Branding 149

Branding Retail US America 149

PYMNTS

JULY 20, 2018

In a press release , Equifax said Begor came to Equifax from Warburg Pincus, where he was a managing director and focused on operational improvement across the portfolio of companies that fall in Warburg Pincus’ Industrial and Business Services unit.

Leadership 100

Leadership United States Capital Industry 100

PYMNTS

MARCH 9, 2020

South Korea and Japan, and also relinquished some control of its Chinese operations as of 2011. It was said that the disposal of the stake would allow the British grocer to simplify and focus on core operations, with proceeds going toward general corporate purposes. Tesco said it plans to give back $6.52 in the U.K.

Groups 130

Groups Taxes Resources Operations 130

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. The department store chain relied on Bombfell to handle the logistics of the operation. . The company wants to focus more on profitable apparel sales, and also move away from appliances.

New York 109

New York Retail National Branding 109

PYMNTS

JANUARY 9, 2019

With a nod to the government space, he said, “the areas we’ve been focusing on are traditionally not retail or restaurants.”. First Billing was founded in 2011, operating until the December 2018 transaction with Paya as the billing services affiliate of The Connor Group , a real estate investment firm. The Broader Strategy.

Software 158

Software Ohio Strategy Technology 158

PYMNTS

JULY 10, 2020

“This exciting relationship with Yotpo offers the marketing and shipping tools that SMB customers need to quickly, cost-effectively and smartly propel their operations forward,” said Michele Peters, senior manager of UPS Global eCommerce marketing, in a statement.

Atlanta 160

Atlanta Branding New York Mobile 160

PYMNTS

FEBRUARY 3, 2020

Amazon Lending traces its roots back to 2011, and the company had $863 million in SMB loans, according to recent filings with the Securities and Exchange Commission. In a way, traditional retail naturally represents a catch-22 of sorts. The Challenge. You need money to make money, goes the old saying.

Lending 146

Lending Apple Study Online 146

PYMNTS

SEPTEMBER 16, 2016

According to The New York Times , Holt Renfrew has invested $300 million in redesigning its nine outlets, and La Maison Simons is opening new locations after 175 years of operating only in Quebec. retailers are attracted to a stable market. retailers were eager to move north. In the U.S., What’s going on in Canada?

Retail 100

Retail New York Examples Regional 100

PYMNTS

SEPTEMBER 18, 2017

has strongly hinted that the agency she birthed in 2008 and opened for business in 2011 — the Consumer Financial Protection Bureau (CFPB) — should be given the authority to do even more. That business was called The Retail Credit Corporation. Senator Elizabeth Warren (D – Mass.)

Report 202

Report Regulation Data Retail 202

PYMNTS

JULY 24, 2017

And that speed is getting increasingly needed as eCommerce revenue in the States hit $390 billion last year, just about twice its 2011 levels. It is an advantage that retailers are already fairly keyed into. According to some robotics experts, robots can move inventory almost 50 percent faster than their human counterparts.

Conference 121

Conference US Retail Operations 121

PYMNTS

JANUARY 14, 2020

As Microsoft concludes its support for Windows 7 and companies need to upgrade their legacy devices, the PC market has reportedly had its first year of growth since 2011. IDC, however, noted that the benefits from needing to upgrade to a new operating system aren’t likely to last long. percent to 266.7 million devices around the world.

Marketing 131

Marketing Technology Report Groups 131

PYMNTS

JANUARY 29, 2020

The MoviePass cinema subscription service was launched in 2011 and gained popularity in 2017 when it was purchased by Helios and Matheson, when the monthly subscription fee dropped to $10 a month for unlimited visits to theaters. MoviePass was delisted from NASDAQ in February 2019 after its stock fell below $1.

Analytics 130

Analytics Report Company Security 130

Abrigo

FEBRUARY 10, 2016

Small retailers continued to improve sales, but their sales increases were flat to slightly lower than in previous years. million small businesses in 2011, and they made up all but 0.3 These adjustments are commonly made to private company financials in order to provide a more accurate picture of the companies’ operational performance.

Data 150

Data Industry Trends Company 150

CB Insights

FEBRUARY 13, 2020

Sigma aims to streamline business operations. Stripe Atlas (business incorporation tool) and Stripe Sigma (business analytics and reporting) can help simplify business operations. Stripe often states that less than 8% of total commerce occurs online, suggesting roughly $26T in global, omnichannel retail sales. Source: Stripe.

Online 98

Online Company Retail Payments 98