Remove 2019 Remove National Remove Retail
article thumbnail

Retailers Expect 26 Pct. Spike On National Returns Day

PYMNTS

As online shopping powers a forecasted 26 percent year-over-year volume surge on National Returns Day, the United Parcel Service (UPS) foresees shipping 1.9 He estimated that yearly worldwide losses from retail returns are almost $1 trillion – higher than 2015’s $600 billion. million gifts and other products back to U.S.

National 131
article thumbnail

Blackhawk Network Buys National Gift Card

PYMNTS

Global branded payments provider Blackhawk Network has acquired National Gift Card , one of the biggest North American prepaid tech and card companies, according to a press release emailed to PYMNTS. Together, we drove almost $3 billion in gift cards and prepaid products for loyalty, rewards and employee recognition programs in 2019 alone.”.

National 159
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Weekly Wrap: Visa acquires Plaid and retailers embrace fintech

Bank Innovation

Welcome to the latest episode of our Weekly Wrap video series, for the week ending Friday, January 17, 2019.

Retail 243
article thumbnail

Impact of Covid-19 Felt in the Shared National Credit Reviews Released by Bank Regulators

Perficient

” SNC (pronounced like the candy bar but without the “ers”) stands for the Shared National Credit Program, which, since 1977, has assessed risk in the largest and most complex credits shared by multiple regulated financial institutions. percent in 2019 to 12.4 percent in 2020. percent vs 22.3 Total Outstanding.

National 309
article thumbnail

NRF Expects Retail Sales To Reach $3.8T In 2019

PYMNTS

The National Retail Federation (NRF) predicts that retail sales this year will increase between 3.8 Preliminary estimates show that last year’s retail sales grew 4.6 The Federation is now predicting that there will be growth in 2019 of between 3.8 percent and 4.4 percent to reach more than $3.8 percent to $3.68

Retail 116
article thumbnail

Today In Retail: L’Occitane’s US Division Files For Chapter 11; AutoFi Rolls Out Division For Corporate Clients

PYMNTS

In today’s top retail news, the U.S. The retailer said the move is part of a plan to execute a “store footprint optimization plan, including the contemplated exit of unprofitable locations.” percent seen in December 2019. From Community Hubs To In-Store Theater, Retailers Double Down In Digital At NRF. L’Occitane’s U.S.

Retail 239
article thumbnail

Retail 2021: The Five Things Retailers Should Be Talking About At NRF This Week

PYMNTS

Every year for the last 110 years , members of the retail trade group, known as the National Retail Federation (NRF), have assembled to discuss the slate of issues pertinent to its members. COVID-19, of course, didn’t cause physical retail’s steep decline — it just accelerated it. Like this one.

Retail 309