Abrigo

JANUARY 24, 2025

Understanding broad market trends and the specific forces affecting bank and credit union portfolios can guide institutions decisions while helping them prepare for examiner scrutiny of CRE risk , according to a recent Abrigo webinar, Being strategic with your CRE.

Lending 221

Lending Trends Risk Management Management 221

PYMNTS

JUNE 17, 2020

The dramatic consumer shift to Digital 3.0 — predicted months ago by the PYMNTS COVID-19 tracker work — is accounting for almost half of the retail growth in the US. It found that eCommerce growth as of May 1 was up 68 percent, surpassing 40 percent of total retail sales. Overall Chinese retail sales of consumer goods dropped 2.8

Retail 231

Retail Online Course Report 231

PYMNTS

NOVEMBER 8, 2020

Future Retail is attempting to prevent partner Amazon from meddling further in its $3.4 Now, Reuters reported Amazon is lodging a complaint with India's market regulator. percent stake in Reliance Retail. billion asset sale deal with Reliance Industries and has challenged the U.S. But Future said that order is non-binding.

Retail 230

Retail Industry Groups Regional 230

PYMNTS

FEBRUARY 24, 2020

As 2020 unfolds, the retail business has been dramatically altered. But with consumer spending holding steady, it’s important for retailers to grasp the opportunity to create innovative ways to get, keep and grow customers. And retailers that deploy experiential tactics drive repeat purchases at rates nearly twice those who don’t.

Retail 210

Retail Branding New York City Indiana 210

PYMNTS

JANUARY 1, 2019

A robust supply of private capital reportedly is one of the main reasons for that, along with corporate cultures that are averse to public markets. But relatively high stock prices and access to more capital remain prime temptations, and there is little doubt that 2019 will bring more than few exciting — and telling — IPOs.

Payments 223

Payments social media Analytics Capital 223

PYMNTS

SEPTEMBER 21, 2020

retailers during the holiday shopping season, the Financial Times (FT) reported. The shortages come from an unexpected surge of customer demand, which took retailers by surprise after they had cut orders for new merchandise in the spring as countrywide lockdowns were starting and the job market was bottoming out.

Retail 205

Retail Analysis Report Tools 205

PYMNTS

FEBRUARY 25, 2020

Retailers are facing a personalization paradox. Fifty-three percent of consumers want retailers to respect their anonymity in 2020; at the same time 61 percent want more personalization in marketing, messaging and promotions. Other surveys reinforce the need for personalization at retail.

Retail 202

Retail social media Study Security 202

PYMNTS

DECEMBER 16, 2020

In today’s top retail news, Benetton Group is teaming once more with EDITED, while CarLotz Inc. Benetton Group Teams With Retail Intelligence Firm EDITED. European fashion firm Benetton Group is collaborating once more with EDITED, the retail market intelligence company, as a “necessary platform” for its future three-year plan.

Groups 192

Groups Retail Report Branding 192

PYMNTS

JULY 15, 2020

The apparel and footwear resale market is seeing record-setting growth during the pandemic. “As is the case for any live marketplace, real-life events have ramifications on market performance. The sneaker market is changing, too, according to the report. The company announced in its report that it has reached $2.5

Report 185

Report Marketing Trends Community 185

PYMNTS

JULY 6, 2020

If your business touches retail in any way, it might pay to follow a few important breadcrumbs. million in sales from selling 15,000 cases since its launch in 2019 — to build a strong digital presence. Worse yet, some analysts fear the triggering of break-lease clauses for retailers in malls if anchor stores leave.

Retail 259

Retail Meeting Branding Maine 259

PYMNTS

OCTOBER 30, 2020

29) that retail investors in mainland China made over $2.8 More than five million people made orders in Shanghai for stock – reportedly a new high for IPO subscriptions on STAR Market, which rolled out in 2019. Ant Group indicated on Thursday (Oct.

Groups 223

Groups Retail Report Fintech 223

Bank Innovation

FEBRUARY 12, 2020

In-store branches are satellite bank branches located inside large retail spaces, such as supermarkets or chains like Walmart and Safeway. As of January, there were 3,989 in-store branches of FDIC-insured institutions housed within retail stores, a decrease of 2.3% since June 30, 2019, and 6.5%

FDIC 243

FDIC US Retail Digital Banking 243

PYMNTS

JULY 22, 2020

The retail industry is facing its first sales event of the pandemic with the coming of back-to-school sales. The projections were led by the National Retail Federation (NRF) this week, as it foresees record sales for back to school. billion in 2019. Second, are retailers removing friction from the buying process?

Retail 186

Retail Meeting Arizona Florida 186

PYMNTS

FEBRUARY 10, 2020

Data: 2019: The year Tommy Hilfiger introduced its visual commerce app via desktop and mobile at tommy.com. 23.11B : Value of the global interactive kiosk market in 2018. percent: CAGR of the global interactive kiosk market from 2019 to 2025. . 23.11B : Value of the global interactive kiosk market in 2018.

Retail 184

Retail Tools Data Branding 184

PYMNTS

APRIL 10, 2020

Fruit Street – a virtual one-stop-shop specializing in digital diabetes diagnosis and treatment – has partnered with vegetarian meal kit purveyor Purple Carrot to add a retail angle to its health advisory service. We want our users to see themselves in our marketing materials and identify with those people.

Retail 242

Retail Guidelines User Experience Branding 242

PYMNTS

FEBRUARY 12, 2019

The fitness company is among firms that have taken in funds from the private markets and are also looking to have an IPO this year. In an interview with the paper in 2018, Peloton Co-founder and Chief Executive John Foley noted that this year “makes a lot of sense” for an IPO. Uber Technologies Inc. and Slack Technology Inc.

Exercises 211

Exercises New York Report Capital 211

PYMNTS

NOVEMBER 24, 2019

Although Alibaba and JD.com usually lead China’s eCommerce market, the four-year-old Pinduoduo is “popular with China’s lower-tier city residents.” Pinduoduo, in turn, gets the opportunity to build a relationship with overseas retailers and branch out with more product categories. . percent of the country’s market last year. .

Marketing 181

Marketing Retail Google Online 181

PYMNTS

MARCH 25, 2019

To help meet customer expectations in the digital age, retailers have to know who their shoppers are and what they want. While eTailers already have this information about consumers, brick-and-mortar retailers don’t have this in-depth knowledge. They can also help capture the ages, genders and emotions (in some cases) of shoppers.

Retail 198

Retail San Francisco Houston Branding 198

PYMNTS

JANUARY 20, 2020

New evidence of that — part of the broader trend of the existential changes in the world of brick-and-mortar retail, changes that are gaining more focus this month — comes from reports that stationery chain Papyrus is closing up shop. The chain had since expanded to some 260 or so retail locations. Total retail growth was 3.8

Retail 183

Retail Millennials Cards social media 183

PYMNTS

APRIL 22, 2020

In a time period dominated by retail sales declines, the hardest hit has been the automotive industry. While March retail sales dropped 8 percent overall, new cars dropped as much as 36.9 For the first 12 days of April they dropped tumbled 63 percent vs. 2019. Used cars suffered a similar fate amid the coronavirus pandemic.

Marketing 195

Marketing Online Video Industry 195

PYMNTS

DECEMBER 24, 2018

But in hopes of hopping on the holiday bandwagon — and providing data-backed insight in the hottest payment trends for 2019 — allow us to offer this list of a dozen ways that consumers (and some businesses) are paying now, methods that promise to play big roles in 2019. 2: With Their Voices. 3: Via Automatic Payments.

Cards 207

Cards Payments Mobile Millennials 207

PYMNTS

DECEMBER 28, 2020

It could be argued that for the retail industry to pull off a 3 percent uptick for holiday sales this year was an astonishing feat. Some predictions pre-holiday ranged as high as a 5 percent increase over 2019; some called for flat spending. percent of overall retail sales — up from approximately 13.4 percent in 2019.

Data 260

Data Retail Online Report 260

PYMNTS

JANUARY 15, 2021

The holiday shopping season is the most wonderful time of the year for the retail industry. Brick-and-mortar merchants and online retailers alike often rely on end-of-year sales to generate up to 40 percent of their annual revenues and start the new year on a positive note. A notable $730 billion in U.S. A notable $730 billion in U.S.

Retail 159

Retail Online Fraud Cards 159

PYMNTS

JANUARY 21, 2021

The COVID-19 crisis and the digital shift that it accelerated are making five lessons clear that tradition brick-and-mortar retailers must heed if they want to survive, according to Karen Webster. percent market share for all clothing and apparel sales during 2020’s third quarter versus just 9.5 It’s Amazon.”. percent a year earlier.

Retail 179

Retail Branding Analysis Online 179

PYMNTS

AUGUST 10, 2020

Data: $719M : Mercari’s annual sales in 2019. 70% : Estimated share of the banking market that will have RTP access by the end of its first year. And the longer they do it and learn to like it, the more likely those changes will be permanent. 104M: Number of Americans who have become digital shifters as a result of the pandemic.

Retail 166

Retail Online Data Marketing 166

PYMNTS

MAY 14, 2020

The latest to report, Wine.com – which bills itself as the nation’s leading online wine retailer – earned $165 million in revenue and saw 25 percent growth for fiscal 2020, ending March 31. The $33 million revenue increase over fiscal 2019 is the biggest in the company’s 15-year history. With sales of $3.2

Online 164

Online Retail Millennials Analytics 164

PYMNTS

SEPTEMBER 30, 2020

In today’s top retail news, Spiceology aims to shake up the D2C realm, and small and medium-sized businesses (SMBs) face decisions of how — or whether — to compete with Amazon’s October Prime Day event. 13 and 14 in this year of unpredictable and unprecedented retail happenings. Spiceology Shakes Up The D2C Status Quo.

Retail 189

Retail social media US Marketing 189

PYMNTS

OCTOBER 1, 2020

online grocery retailer Ocado is involved in a patent lawsuit over robotically-operated warehouse technology with robotics company AutoStore , Reuters reported. It has a stock market valuation of over 20 billion pounds (about $25.7 In July 2019, the companies were making the second of 20 of them in Florida.

Online 234

Online Florida Retail Course 234

PYMNTS

OCTOBER 5, 2020

percent stake in the Swiss duty-free retailer Dufry , Bloomberg reported on Monday (Oct. Dufry and Alibaba are also forming a joint venture in China that will combine Alibaba’s digital capabilities with Dufry’s travel retail business in that market. Alibaba Group Holding Co. continues to capitalize on growth opportunities.

Retail 262

Retail Groups Capital Report 262

PYMNTS

JUNE 8, 2020

As evidenced by last week’s PYMNTS’ card on file report , consumers are ready and willing to keep their data with retailers, both online and offline, in exchange for frictionless experiences. that will deliver unrivaled online experiences to more customers, in more ways and in more markets,” said Luke Jensen , CEO of Ocado Solutions.

Retail 167

Retail Study Online Data 167

PYMNTS

DECEMBER 1, 2020

A new survey of Black Friday shoppers from PYMNTS showed the Seattle retailing giant dominated its rivals in the traditional post-Thanksgiving holiday season kickoff. When PYMNTS last measured Amazon’s take of the total eCommerce business it found that it touched just north of 50 percent for Q1 2020 in eCommerce market share (51.2

Marketing 181

Marketing Data Survey Comparison 181

PYMNTS

NOVEMBER 20, 2020

Chipper CEO Ham Serunjogi confirmed on Twitter the startup, which got its initial foothold in the market as a peer-to-peer (P2P) payments service, has just wrapped up a $30 million Series B round of venture capital. The startup has since expanded into eCommerce with a service targeted at retailers and other online merchants, Chipper Checkout.

Fintech 332

Fintech San Francisco Capital cryptocurrency 332

PYMNTS

MAY 22, 2020

The retailer said it wasn’t reporting comparable-store sales, as its shops were open for less than seven weeks of the 13-week period, per an announcement. Additionally, the company reported a net loss for Q1 2020 of $306 million compared to net income of $421 million in 2019. reported total Q1 sales of $1.8 billion compared to $3.8

Report 240

Report Retail Operations Trends 240

PYMNTS

JUNE 15, 2020

The largest brick-and-mortar retailer in the United States is replacing its traditional, cashier-staffed checkouts with self-checkout registers at its store in Fayetteville, Ark., Walmart also saw a substantial 10 percent jump in comparable store sales over the same period in 2019. according to local news reports.

Arkansas 280

Arkansas United States Online Regional 280

PYMNTS

SEPTEMBER 21, 2020

The retail giant is starting “a fashion essentials-inspired brand for both men and women created by our in-house design team,” the company said in a news release. The retailer is following in the footsteps of Amazon , which first took aim at the fashion industry in 2016. billion in 2019. Today (Sept.

Branding 263

Branding Los Angeles Retail Online 263

PYMNTS

JULY 22, 2020

Li first came up with the idea for Popshop in 2016 and it launched in beta in 2019. It’s very interesting to see the conversion rates of eCommerce and mobile for the general market and then look at how it has worked for us so far,” she said. The app is available on iOS via invitation, with plans to add Android later in the year.

Retail 212

Retail New York City Mobile User Experience 212

PYMNTS

SEPTEMBER 18, 2020

Government-mandated social distancing and stay-at-home orders have slowed in-person retail sales in many regions and mass layoffs have hindered consumers’ purchasing power. Brick-and-mortar retail stores may be suffering from lack of business, but the subscription commerce industry’s revenue remains strong thus far.

Retail 257

Retail Study Industry Training 257