PYMNTS

NOVEMBER 27, 2019

A late Thanksgiving means retailers faced less time to offer holiday shopping deals, so many of them compromised by simply starting sales early. billion online since Nov. The last time there were so few days during the holiday shopping season was 2013, and retailers struggled to ship items on time. percent year over year.

Retail 132

Retail Online Video Apple 132

PYMNTS

FEBRUARY 14, 2020

The tax will cover all online applications, including video, audio streaming, images, education and others. Walmart is Mexico’s biggest retailer. In 2013, they opened 214 new stores in the country. In 2019, the retailer opened 134 stores and grew its footprint in the country by 5 percent.

Taxes 239

Taxes Video Retail Online 239

PYMNTS

APRIL 17, 2020

And, for payments in apps or online, a virtual card number can be used. A customer could also lock their card and ask for a replacement but still can pay online or via phone with the virtual card number system. Google, for its part, rolled out a Wallet debit card in 2013 before closing it down in 2016.

Google 229

Google Cards Apple Branding 229

PYMNTS

APRIL 8, 2016

Online retail is known for moving fast, and sometimes, the execs pulling all the levers behind the scenes move even faster. Walmart confirmed on Thursday (April 7) that Brian Monahan, formerly the head of marketing for the retailer’s U.S. online operations, had vacated his post effective April 1.

Online 100

Online Conference Boston Retail 100

PYMNTS

AUGUST 10, 2017

At the basic level of retail industry chatter online, much of the focus is on the battle between brick-and-mortar versus eCommerce. Retailers at the local city level are seeing an impact under the digital transformation of the industry and should not be left out of the conversation.

Retail 108

Retail New York City Online social media 108

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. . Google Express was launched in 2013 in a direct challenge to Amazon, in a bid for advertising revenue.

Google 116

Google Online United States Big Data 116

PYMNTS

NOVEMBER 8, 2018

It’s the big stage for retailers, the holiday shopping season – when all the consumer world is watching (and, merchants and payments providers hope, buying more than they did last year). And let these bad memories of holidays past guide you in the coming weeks to ensure that your retail and payments machine is running in top condition.

Retail 129

Retail social media Online Taxes 129

PYMNTS

APRIL 10, 2020

Sashank Rishyasringa and Gaurav Hinduja rolled out Capital Float in 2013. It aids small manufacturers, business-to-business (B2B) service providers and online retailers. The startup’s board had set aside just under 93,000 Series E preference shares with an INR 100 nominal value, Inc 42 reported.

Capital 230

Capital Lending Fintech Report 230

PYMNTS

NOVEMBER 18, 2020

The company’s good fortunes come as people have largely stopped trying to conduct business transactions in person that they can do online. Chime was founded in 2013 as a challenger bank, focusing on the demographic of Americans earning between $30,000 and $75,000 per year, although this demographic has widened in the pandemic.

Mobile 213

Mobile Digital Banking Online Trends 213

Payments Source

DECEMBER 5, 2019

American shoppers were quick off their marks early in the holiday-shopping season as retailers rang up the best sales increase since 2013, led by online purchases, according to a BofA Merrill Lynch Global Research report.

Retail 65

Retail Online Report America 65

PYMNTS

FEBRUARY 15, 2017

As the rise of eCommerce marches onward, physical retailers increasingly rely on store transformation initiatives to reinvent brick-and-mortar stores to maintain majority market share and boost consumer interest. One such retail reinvention shifts the role of store associates from a sales position to one of service.

Retail 102

Retail Mobile Training Comparison 102

PYMNTS

DECEMBER 29, 2020

According to Mastercard ’s SpendingPulse transactional analysis, total retail spending for 2020’s 75 days of Christmas was up 3 percent, and eCommerce sales were up 49 percent — good for the stay-at-home economy and tough sledding for department stores. percent overall and 31 percent online.

Retail 180

Retail Branding Analytics Online 180

PYMNTS

MAY 18, 2018

This week, on May 17, debit-based cannabis payments solution CanPay announced its eCommerce integration , enabling customers to pay for cannabis products online via direct link to their checking account. Retailers that offer delivery put their employees at risk for the same reasons. So, alternatives have been developed.

Online 114

Online Retail Cards Industry 114

PYMNTS

NOVEMBER 7, 2019

That means retailers have a whole week less to sell during the holidays. As a result, retailers are starting the shopping season early this year and offering delivery incentives, Reuters reported. The holiday shopping season is important for retailers, and many rely on the revenue to make or break the year.

Retail 101

Retail Meeting Online Report 101

PYMNTS

FEBRUARY 29, 2016

I, Shopper, take thee, Online Retailer, to be my faithful partner in commerce. Today, fewer than a third say that membership in loyalty programs drives their choice of retailer. Today, fewer than a third say that membership in loyalty programs drives their choice of retailer. THE MOVE FROM PHYSICAL TO ONLINE TO MOBILE.

Retail 90

Retail Payments Online Mobile 90

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

MAY 16, 2016

The retail sector in the region grew by 209 percent from $4.4 As the online economy booms, many are rushing to make predictions about continued growth, The Economic Times reports. billion in 2010 to $13.6 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

APRIL 13, 2018

It was a record-breaking first quarter for retailers in the U.S. According to a report issued by Moody’s earlier this week, the retail sector managed to notch a record number of defaults during Q1 2013, with nine retailers defaulting on their debt. corporate borrowers has increased to 3.9 percent, compared with 3.4

Retail 116

Retail Course Washington Marketing 116

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

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

APRIL 8, 2019

An Israeli startup that creates anti-fraud services that deal with online transactions wants to raise $200 million for expansion, according to a report in Bloomberg. Riskified , which was founded in 2013 and is based in Tel Aviv, is potentially considering going public, possibly by 2020.

Fraud 181

Fraud Samsung Capital Online 181

PYMNTS

DECEMBER 13, 2019

Although retailers kicked off an earlier shopping timetable, toy discounts have plummeted this holiday season, Bloomberg reported on Thursday (Dec. There were fewer discounts on toys for online shoppers, despite an average of 15-18 percent price cuts into Cyber Monday. Barbie from Mattel is still the most popular holiday toy for girls.

New York 131

New York Retail Online National 131

PYMNTS

MAY 19, 2019

Earlier this month it was reported that the French retail giant was looking to fetch about $1 billion for the Chinese business. The three companies planned to collaborate on data, mobile payments and smart retail. In addition, the retailer is facing competition from online rivals, especially Amazon.

Retail 134

Retail Operations Online Report 134

PYMNTS

JUNE 18, 2020

The company noted in a separate tweet that its systems had been completely brought back online and its web platforms were working. “We Robinhood was at the heart of a recent increase in day trading, with retail investors stuck in their residences because of pandemic restrictions. The app was up in under an hour.

social media 174

social media Millennials Marketing Online 174

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

AUGUST 17, 2018

It’s not uncommon for online brands to open brick-and-mortar stores, and it seems that Google may be the latest digitally native brand to take the plunge into offline retail. In the past, the Chicago Tribune noted that retail and technology experts had thought Google would build stores to create a place to highlight its electronics.

Chicago 100

Chicago Google Retail Seattle 100

PYMNTS

JULY 3, 2017

Even in the quiet seasons, the online travel market is susceptible to the trade winds, and they don’t always blow in agents’ favor. But what hurts a business (especially a small one) more than an October snowstorm is when online fraudsters use CNP transactions to steal their services. The End of Excessive Card Surcharges.

Online 112

Online Payments Fraud Cards 112

PYMNTS

MAY 5, 2020

The company has brought in more than $50 million in financing for small companies throughout the country since 2013 by “breaking down the barriers of traditional banking,” according to an announcement. ” The firm said Fulfill by Amazon (FBA) sellers have a “tremendous opportunity” to expand with the online economy.

Lending 159

Lending Online Tools Retail 159

PYMNTS

DECEMBER 26, 2019

Lotte, a South Korean conglomerate, is shutting down its Vietnamese online marketplace, lotte.vn, which allows merchants to connect with buyers, according to Deal Street Asia. The move is indicative of the trend toward “new retail,” which is the blending of eCommerce and traditional retail.

Retail 130

Retail Groups Maine Google 130

PYMNTS

FEBRUARY 21, 2017

Following the 2013 policy reform by the Chinese government, which reduced duty tax on overseas goods, it’s no surprise there’s been an uptick in online purchases. The main two categories that have garnered the most attention for Chinese consumers have been cross-border eCommerce and online food sales. Here are the numbers: $17.22

Data 100

Data Taxes Online Maine 100

PYMNTS

FEBRUARY 28, 2020

Shift has been in the used car business since December 2013, born out of a series of frustrating experiences the founders had with car buying. Via online and mobile it has introduced artificial intelligence (AI)-based technology in pricing cars as well as qualifying for financing. How It Works. All DMV paperwork is handled by Shift.

Marketing 242

Marketing Los Angeles San Francisco San Diego 242

PYMNTS

NOVEMBER 18, 2019

Against that backdrop, considering the speed at which states are accepting online sports betting (and the strength of the dollars flowing into the space), legalized gambling via mobile seems a sure wager. Several other states have online gambling legislation in the works. Going back to 2013, when the legalized U.S.

Online 108

Online How To Payments Mobile 108

Bank Innovation

JUNE 14, 2018

RBC said Facebook allowed it access in order to “wind down” a payments app it first unveiled in 2013. […]. Royal Bank of Canada and Facebook today offered differing versions of why the social media company continued to give the bank extraordinary access to customer data after Facebook said publicly that it would stop doing so.

social media 186

social media Data Payments Company 186

PYMNTS

OCTOBER 25, 2017

According to a Reuters news report, the move will enable Amazon to expand its reach in Mexico and to compete with Walmart de Mexico , also known as Walmex, along with other retailers pushing Mexican consumers to shop online. “It and only slightly above Walmex ’s online revenues. and only slightly above Walmex ’s online revenues.

Marketing 124

Marketing United States Online Retail 124

PYMNTS

JANUARY 10, 2017

From 2000 to 2013 (the last time period there is data for), prices on the things that most poor people buy disproportionately, such as food and sundries, and pay, such as rent and utilities, have risen steadily for 139 of 168 months, according to the Chicago Federal Reserve. SNAP online . Things actually do cost more. .

Online 100

Online Chicago New York Mississippi 100

PYMNTS

MARCH 26, 2020

If a victim doesn’t pay, then the stolen files are published online. Last year, retailer Target filed a lawsuit against Chubb for $74 million, saying the company didn’t compensate it a 2013 data breach involving data from 110 million customers, according to TechCrunch. In December, it warned companies about the threat.

Security 171

Security Data Groups Training 171