PYMNTS

MAY 12, 2020

A survey by the National Community Pharmacists Association last fall found the number of independent pharmacies fell by nearly 20 percent to 18,478 stores last year, down from 23,029 in 2012. For those retailers that remained open, owners told researchers their store’s financial health was poor.

Survey 200

Survey California Taxes Online 200

PYMNTS

JANUARY 18, 2021

Last week, Grab announced that its Grab Financial Group had raised $300 million in a Series A funding round led by Hanwha Asset Management and joined by K3 Ventures , GGV Capital , Arbor Ventures and Flourish Ventures. Founded in Malaysia in 2012, Grab is also known for its popular ridesharing and delivery services.

Fintech 198

Fintech US Groups Management 198

PYMNTS

FEBRUARY 21, 2020

LendingClub management said on the conference call that buying Radius provides access to capital beyond the traditional institutional investors that have helped fund the loans. Double-digit growth in eCommerce is expected to continue, as the retailer sees 30 percent gains in the current fiscal year. Home sales: In a sign that U.S.

Digital Banking 224

Digital Banking Conference Samsung Fintech 224

PYMNTS

FEBRUARY 20, 2020

Lucaciu is the chief technology officer of Adore Me , an eCommerce and brick-and-mortar retailer that has adjusted to disruptive changes in its market, including the bankruptcy of the parent company of Victoria’s Secret. Since it was founded in 2012, the company has grown to a team of 140 employees across the U.S.

UX 210

UX Retail Technology Mobile 210

PYMNTS

SEPTEMBER 17, 2020

The privately-held FinTech was founded in 2012 as an installment loan provider for shoppers to finance a purchase. Other returning investors included Lightspeed Venture Partners, Wellington Management Co., Baillie Gifford, Spark Capital, Founders Fund and Fidelity Management & Research Co. million U.S.

San Francisco 178

San Francisco Fintech Maryland Capital 178

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

Bank Innovation

JUNE 21, 2016

Since 2012, it has been the fastest growing technology in banking. That’s the word out of Digital Banking 2016 here, where bankers outnumber entrepreneurs (but not vendors). The mobile banking app traces its roots to SMS banking back in 1999. But it comes with Read More.

Digital Banking 199

Digital Banking Mobile Technology Operations 199

PYMNTS

AUGUST 27, 2018

It’s a good time to be a retail chain. Retail Ascent. Retail is on the ascent. In July, retail sales increased 0.5 Economists had only forecasted retail sales going up 0.1 percent, online and mail-order retail sales increased 0.8 Retailer Woes. Not every retailer is experiencing good times, of course.

Retail 100

Retail Los Angeles Milwaukee Chicago 100

PYMNTS

OCTOBER 21, 2019

Brick-and-mortar retailers, as well as online merchants, are offering consumers all sorts of products and services through the subscription business model, from movies to tea. Subscription companies based in the Asia-Pacific, Europe and North America experienced more than 300 percent growth in subscription sales from 2012 to 2019.

Innovation 109

Innovation Retail Payments Las Vegas 109

PYMNTS

SEPTEMBER 18, 2017

In 2012, we were five years into the smartphone revolution and most people thought we were crazy writing about the demise of physical retail. When we talk with retailers now, eCommerce is driving almost all of the conversation. That, he noted, will require some hard work for retailers that sell commodity-type goods.

Management 108

Management Retail Innovation Mobile 108

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

MARCH 9, 2016

Everybody likes to talk about the addiction that brick-and-mortar retailers have developed for deep, and often destabilizing, discounts, and they usually point to store closings and executive board shakeups at Macy’s and other chains as clear proof of these practices’ consequences. Still, the label indicates that the $99.99

Retail 100

Retail Online New York Video 100

Gonzobanker

OCTOBER 15, 2014

My heart goes out to the hard working professionals who run the Treasury Services or “Cash Management” divisions at community banks. Yet for more than a decade, cash management professionals have shown their resiliency. But lately, there are deeper lines and fatigued expressions on the faces of cash management professionals.

Management 100

Management Community Bank Community Resources 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. There’s increasingly less middle ground between getting omnichannel right or fading into oblivion.

Retail 100

Retail Apple Fraud Online 100

PYMNTS

MAY 7, 2020

Valued at $190 million two years ago, Deliv has raised $85 million in venture capital since its founding in 2012, according to PitchBook Data Inc. The survey also revealed 39 percent of consumers shop for retail goods online more often than they did on March 6, the first day of the study, and that continues to climb — up 10.5

Google 177

Google Survey Capital California 177

PYMNTS

OCTOBER 21, 2016

Retailers that are unable to call on substantial financial reserves are struggling in the current environment. Mobile shopping is growing and a key focus of retailers going into the holiday season. Mobile shopping is growing and a key focus of retailers going into the holiday season. Along with Claire’s Stores Inc.,

Retail 100

Retail Marketing Branding Austin 100

PYMNTS

MAY 27, 2016

Omnicommerce usually refers to where and how retailers sell their products, not necessarily who they choose to sell them with. From office supplies and communal workspaces to new ways to pay for concert tickets, more barriers to siloed retail activity are falling every day to the onslaught of retail partnerships.

Retail 100

Retail Las Vegas Millennials Conference 100

PYMNTS

JANUARY 30, 2019

Panera Bread, in 2012, was one of the first companies to use the feature. If you look at our history, we started the company in 2012 as a consumer app,” Narang said. “We valued the restaurant management platform company at $1.4 Rowe Price New Horizons Fund Portfolio Manager Henry Ellenbogen said. Toast does this,” T.

Mobile 139

Mobile Apple Management Trends 139

PYMNTS

JUNE 20, 2016

By 2012, Ellison was instead touting the benefits of “the most comprehensive cloud on the planet Earth” his firm was developing. Oracle announced a similar partnership with Snapchat last week that will also be starting in consumer packaged goods before branching out more generally to all retailers. What is it? It’s complete gibberish.

Retail 101

Retail social media Data Software 101

PYMNTS

JANUARY 24, 2019

The settlement, which is the largest against a retail pharmacy under the Qui Tam whistleblower provision of the False Claims Act (FCA), enables Walgreens to resolve allegations that it purposely defrauded the U.S. According to a lawsuit filed by whistleblower Marc D.

United States 135

United States New York Fraud Retail 135

PYMNTS

MAY 7, 2020

The characterization of the future of the American mall cuts across many opinions and datasets, but the fact remains that in many cases, it is a fixture of brick-and-mortar retail. I think retailers and restaurants need to do a good job of publicizing the steps they’re taking to make sure that their establishments are clean and safe.”.

Retail 175

Retail Georgia Atlanta Examples 175

PYMNTS

APRIL 27, 2018

In many businesses, acquiring customers used to be a function of where the business was located — a high traffic intersection for a convenience store or a well-heeled mall for a clothing retailer. Other industries see lower conversion rates — 1 percent to 10 percent, according to a 2012 study. Technology, of course, changed all that.

Study 190

Study Retail Industry Marketing 190

PYMNTS

OCTOBER 22, 2020

This has all accelerated during the pandemic, and the economic uncertainty has created additional stress for retailers and consumers.”. And now, it seems, the startup is looking to widen its purview beyond retail transactions and move into offering banking services to its large, and highly loyal, consumer base.

Trends 193

Trends Payments Retail Meeting 193

PYMNTS

AUGUST 6, 2019

The sources added that the company is close to finalizing a deal with Gordon Brothers and Hilco Global for a 60-day loan that will give the luxury retailer time to find a buyer. That agreement, however, has not been sufficient to stem the losses, and it looks as though the retailer is running out of options.

New York 122

New York Retail Capital Company 122

PYMNTS

JANUARY 4, 2019

Juniper Research , for example, has estimated that retailers will lose as much as $130 billion in card-not-present (CNP) fraud through 2023 — as tech gets more complex and transactions are done across borders. It’s no surprise that payments fraud is on the rise. Then again, the fraud may be a bit more low-tech and on-site.

Fraud 158

Fraud North Carolina Payments Minneapolis 158

PYMNTS

MAY 2, 2018

The partnership, which has been in place since 2012, focuses on providing a way for eBay sellers in the U.S. based eBay sellers are able to access millions of buyers worldwide, while Pitney Bowes helps manage the complexities of cross-border eCommerce transactions and shipments. Through the program, U.S.-based

Online 124

Online Taxes US Meeting 124

PYMNTS

NOVEMBER 2, 2020

Today, the “membership has its privileges” mantra is at the core of the latest face-off between the two retail behemoths vying for an increasing portion of consumer spend: Walmart and Amazon. Amazon Prime became the catalyst for the consumer’s shift to digital and for the decline of physical retail.

Millennials 246

Millennials Retail Online Report 246

PYMNTS

SEPTEMBER 12, 2019

Palo Alto-based taltec, which was established in 2012, offers software that lets businesses manage multiple operational tasks like order management, inventory and staff reporting, customer management, business insights and payments processing, in a single, integrated POS system.

US 123

US Software System Management 123

PYMNTS

JANUARY 5, 2018

Once the largest retailer in the U.S., As of the end of October, Sears operated around 1,104 stores — about half of the 2,019 stores it possessed in 2012. The retailer has managed to use that — and some other innovations, like Sephora mini-stores — to help the firm to a better-than-expected 3.4

Retail 115

Retail Innovation Marketing Operations 115

PYMNTS

JUNE 2, 2016

Multi-channel retailing was supposed to solve the problems of retail’s past. A recent report from Retail Systems Research (RSR) found that 50 percent of retailers cited increased pricing awareness among consumers as a key challenge of their brands moving forward.

Trends 100

Trends Retail Strategy Resources 100

Celent Banking

JUNE 22, 2017

The Italian cruise ship Costa Concordia capsized and sank after striking an underwater rock off Tuscany, in January 2012, resulting in 32 deaths. In retail for example, there have been an abundance of headlines trumpeting the growth of digital commerce alongside struggling same-store sales at brick-and-mortar locations.

Study 125

Study Community Bank Trends Analysis 125

PYMNTS

AUGUST 12, 2020

On the positive side is the retailing trade group the National Retail Federation ( NRF ). Neil Saunders, managing director of research firm GlobalData PLC’s retail division, projects $26.4 It’s retailers’ first big test. billion set in 2012. billion in spending for elementary and high school, down 6.4

Comparison 145

Comparison Retail Survey Washington 145

PYMNTS

AUGUST 4, 2019

Founded in 2012, Mumbai-based Fynd helps offline retailers sell their products to consumers directly through its online store, as well as allows them to connect with eCommerce platforms including Amazon India and Flipkart. In addition, Amazon is reportedly in talks to buy more than a quarter stake in Reliance Retail.

Retail 108

Retail Branding Industry Operations 108

PYMNTS

APRIL 12, 2019

Founded in 2012, Jumia became the first African unicorn startup in 2016 after a $326 million funding round that included Goldman Sachs, AXA and MTN. retailers online in markets across Africa, according to reports. The Berlin-based company’s value stood at about $1.7 billion, according to reports.

New York 209

New York Mobile Course Payments 209

PYMNTS

SEPTEMBER 9, 2019

Established in 2012, Palo Alto-based talech provides software that enables businesses to manage multiple operational tasks, such as order management, inventory and staff reporting, customer management, business insights and payments processing, in a single, integrated POS system.

Software 119

Software System Operations Management 119

PYMNTS

MARCH 14, 2017

While the retail technology space has boomed just as quickly as commerce moved online, some sectors still relied on older management systems and tactics well after others had upgraded. “In Chief merchants and category managers were still moving in spreadsheets,” Liu said.

Retail 105

Retail Strategy Data Examples 105

CB Insights

JANUARY 6, 2019

The impending “death of retail” has been projected for decades. But, in an increasingly digital world, brick-and-mortar retail shops are embracing new ways to disrupt the system and get an edge on customer attention. One popular choice: retail innovation labs. Get the 54-page retail report. Founded: 2012.

Innovation 77

Innovation Retail Branding Technology 77