PYMNTS

NOVEMBER 25, 2020

According to an exclusive consumer survey, 27 percent of shoppers expect to spend less money than they did in 2019. And when they do spend, consumers will do so online – some of them exclusively. percent said they would do all of their shopping online. And when consumers do go online, gift cards are winning the season.

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Online Cards Retail Data 176

PYMNTS

OCTOBER 14, 2020

In retail, the need to simplify, integrate and bring gift card and loyalty programs online to maximize their impact has never been greater, while consumer engagement has the power to remove retail friction. 18.7%: Portion of consumers who will spend more this holiday season than they did in 2019.

Retail 227

Retail Technology Trends United States 227

PYMNTS

SEPTEMBER 17, 2020

billion in 2019 feeding and caring for their pets. Our online growth is actually representative of a larger shift toward omnichannel shopping where more and more customers are shopping in multiple channels like in-store, online, with services and our vet clinics. Americans spent $95.6 Promotions are rolling out as well.

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Online Retail US Industry 238

PYMNTS

JUNE 24, 2020

While web users have harnessed eCommerce in numbers that haven’t been seen before amid the COVID-19 heath crisis, eMarketer forecasts the worldwide retail online shopping sales will slow down to a 16.5 percent in 2019. The firm forecasts an overall $3.914 trillion in online shopping sales in 2020 per an announcement.

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Online Retail America National 237

PYMNTS

DECEMBER 24, 2020

When it’s said and done there was only one story that mattered in the retail universe this year and it was the rise of the digital-first economy. More consumers are going online to shop and pay as the pandemic progresses. The numbers speak for themselves. It was the catalyst for most every business dynamic in the category.

Retail 295

Retail Branding Minneapolis Trends 295

PYMNTS

SEPTEMBER 4, 2020

But in other ways, it was business as usual, as the two biggest retailers in the world – Walmart and Amazon – posted stellar earnings numbers and competed in more muted ways for the U.S. via Amazon have increased from $86 billion in 2014 to $339 billion in 2019. Now compare that to Q2 2019, and the 6.4 billion in Q2 2019.

Retail 249

Retail Seattle Exercises Online 249

PYMNTS

DECEMBER 2, 2020

Payments giant Stripe is taking Stripe Capital , its push into online business finance and lending, to the next level. Stripe Capital first got off the ground in September 2019, offering customers and businesses financing options through its online platform. On Tuesday (Dec.

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Capital Lending Online Software 302

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. Automation is increasing in the retail world, with Kroger joining forces with Ocado last year in a deal to make 20 automated warehouse facilities.

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Online Florida Retail Course 234

PYMNTS

JANUARY 18, 2021

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. Retail is now about logistics and the last mile.

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Retail Online Maine Branding 309

PYMNTS

DECEMBER 26, 2019

But before we shut the door on 2019, it bears taking a moment to note how much the world of retail has changed in the last year, a fitting capstone on a decade that has seen retail as the American consumer commonly knew it taken to the ground and rebuilt nearly from the foundations. Lesson 1: Think Big . “We And should be.

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Retail Branding Course Charlotte 135

PYMNTS

AUGUST 31, 2020

There’s a storm brewing in the Indian retail scene, with Amazon at its center. Over the weekend, Reliance Industries – the company owned by India’s richest man, Mukesh Ambani – purchased Future Group ’s 2,000 retail stores and the Big Bazaar grocery chain. Whole Foods has 497 stores. billion consumers. “At

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Retail Online Groups Industry 263

PYMNTS

NOVEMBER 4, 2019

From counterfeiting to identity theft to phishing attacks, digital fraud takes many forms — and online shopping continues to make consumers and merchants vulnerable to such attacks. According to a new LexisNexis study , overall retail fraud attempts doubled year-over-year and tripled since 2017. By its measures, merchants pay $3.13

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Fraud Retail Online Study 124

PYMNTS

DECEMBER 26, 2019

This year, apps aimed to make it easier and more convenient for consumers to order their favorite foods and sundries, with restaurants and other retailers tapping into delivery. To help bring these options to more consumers, retailers and technology companies decided to join forces. and Chicago.

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Retail New York City Los Angeles New York 134

PYMNTS

JUNE 23, 2020

The COVID-19 pandemic has been a “great accelerator” in driving Kohl’s to embrace eCommerce and make other changes in its operations faster than planned, the retail giant’s Chief Executive Michelle Gass said on Monday (June 22).

Retail 179

Retail Online Report US 179

Abrigo

JANUARY 6, 2020

Key Takeaways The most popular BSA/AML and fraud blog posts in 2019 related to staying on top of regulatory changes. Here are the 10 most popular blog posts related to BSA/AML and fraud in 2019, based on pageviews: Ask the Experts: Tips on Taking the CAMS Exam Best practices for studying and being prepared for the CAMS exam.

Fraud 300

Fraud Compliance Training Retail 300

PYMNTS

FEBRUARY 6, 2019

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

Retail Taxes National Marketing 116

PYMNTS

JANUARY 16, 2020

With a late shopping rush around the holidays that ended a more moderate spending year, retail sales in the United States strengthened in December. Retail sales rose 0.5 The retail “control group” sales rose 0.5 Retail sales rose 3.6 The Commerce Department said retail sales increased 0.2 percent and rose 5.8

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Retail United States US Maine 131

PYMNTS

APRIL 17, 2020

COVID-19 has driven consumers indoors — and online. percent more likely to make their purchases online in 2020 than they were in 2019, underscoring the increased reliance on digital commerce now that retail stores are closed until the pandemic recedes. Consumers are 30.6 percent to 72.1 percent during the last year.

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Retail Data Study Online 214

PYMNTS

DECEMBER 24, 2019

21, the last Saturday shopping day before Christmas 2019, has been confirmed as the single biggest retail sales day in U.S. According to retail research firm Customer Growth Partners, consumers on Super Saturday spent a total of $34.4 billion and that exceeded 2019 Black Friday sales by 10 percent. 14, with $28.1

Retail 186

Retail social media United States Millennials 186

PYMNTS

JANUARY 21, 2021

Plenty of famous retail chains have collapsed both before and during a pandemic that has slammed brick-and-mortar stores, but some iconic names like Pier 1 , Barneys New York and others are coming back – at least in some fashion. million in 2019, then cut a deal to bring the name back at Saks. A slimmed-down version of the U.S.

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Retail Los Angeles New York Branding 246

PYMNTS

DECEMBER 18, 2018

It’s easy to get swept up in the retail apocalypse narrative. With historic retailers like Toys R Us and Sears shutting their doors after more than 100 years in business, and reports of “sad Santas” in empty malls, it’s hard to not take a rather dim view of physical retail’s prospects at present. There is an intent to buy.

Retail 140

Retail Millennials Online User Experience 140

PYMNTS

JANUARY 3, 2020

In an interview with PYMNTS, Liz Armbruester, senior vice president of Global Compliance at Avalara , said 2019 represented a watershed year for tax compliance as states embraced the economic nexus model and passed marketplace facilitator laws. We knew it was going to happen. We knew that economic nexus was going to happen. The New Normal.

Online 132

Online Taxes Compliance Missouri 132

PYMNTS

NOVEMBER 15, 2019

The upcoming holiday shopping season is expected to break records in online spending, according to a study by Adobe Analytics. 28, which is six days later than last year — meaning retailers have a whole week less to sell during the holidays. What does this mean for retailers heading into the holiday shopping season?

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Retail Mobile Millennials Tools 128

Accenture

MAY 30, 2019

Credit card volume and receivables continue to grow amongst the top issuing banks for the first quarter of 2019; however, the growth rate of each has been slowing compared to prior years. Industry statistics (based on non-retail card issuers in scorecard section). Issuer scorecard ($billions)—Q1 2019. Partnership developments.

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Cards US Taxes Apple 236

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

AUGUST 14, 2020

retail and food services sales for July of $536 billion, marking a rise of 1.2 Retail trade sales were higher by 0.8 percent) higher than 2019. percent) from 2019. The Census Bureau said August’s advance monthly retail report is set to be unveiled on Sept. in Q1 2019. percent (± 0.5 percent) from June and 2.7

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Retail Report Online Company 178

PYMNTS

JANUARY 20, 2020

’Tis the season for … looking back at 2019 holiday sales trends, and figuring out what they mean for payments and commerce so far. Data from Fiserv supports that point: Brick-and-mortar retail growth during the 2019 holiday season stood at 1.4 Total retail growth was 3.8 percent, trailing the 8.1 Apparel Questions.

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Data Retail Mobile Iowa 147

PYMNTS

NOVEMBER 17, 2020

InTime is one of the biggest retail chains in China, with department stores as well as eCommerce sites. Chen said people are not running back to brick-and-mortar stores in big numbers, but that they are still shopping and spending, with sales rebounding from 2019. In the current climate, about 20 percent of sales are online. .

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Retail Conference Online Trends 181

PYMNTS

APRIL 1, 2020

The antiques business has been slow to transition online, but a confluence of factors, such as COVID-19 ’s shelter-in-place measure, is changing that reality. One antiques retailer now sells all of its items online, but appointments can be made to see larger and more costly items. All this, Today in Data.

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Online Data Retail Payments 140

PYMNTS

DECEMBER 2, 2020

United Parcel Service (UPS) is limiting shipping volume for big retailers like Nike and Gap as a means of keeping up with eCommerce delivery demands, according to a report in The Wall Street Journal on Wednesday (Dec. Retailers are now largely dependent on online sales and home delivery. in October.

Retail 202

Retail Online Meeting National 202

PYMNTS

NOVEMBER 25, 2020

billion online in November as holiday shopping gets underway – a 32.6 percent year on year since just Sunday alone, and Adobe is reiterating its forecast for record online sales for Thanksgiving Day, Black Friday and Cyber Monday. billion in Black Friday online sales (39.2 billion in Black Friday online sales (39.2

Online 217

Online Retail Video Analytics 217

PYMNTS

JANUARY 23, 2019

this year as the leading retail market around the world. According to eMarketer’s worldwide retail and eCommerce forecast, in 2019 China’s total retail sales are forecast to increase 7.5 That compares to retail sales in the U.S. That means China’s retail sales are expected to surpass the U.S. through 2022.

Retail 181

Retail Marketing US Online 181

PYMNTS

DECEMBER 16, 2020

Digital sports entertainment and gaming industry platform DraftKings — known for its top-rated daily fantasy sports and mobile sports betting apps — today announced an agreement with InComm Payments , a global leading payments technology company, to launch an industry-first retail gift card. . DraftKings reported on Friday (Nov.

Retail 230

Retail Cards Payments New York 230

PYMNTS

JANUARY 2, 2019

Following a strong holiday shopping season, the IBM 2019 Retail Forecast suggests that retailers will experience a 3.04 retail in the first quarter, especially apparel sales.”. The news comes as total retail sales in the United States rose by 5.1 percent rise in year-over-year revenue this year. percent growth.

Retail 101

Retail United States Report Online 101

PYMNTS

DECEMBER 11, 2018

Give a deep and welcoming hello to the newest form of window shopping — a consumer behavior that will help to shape retail in 2019 and beyond, and a trend that stands as an increasing part of shopping, one that promises to impact brick-and-mortar merchants as they decide how to innovate. That’s not to say physical retail is dying.

blockchain 170

blockchain Retail Trends Mobile 170

PYMNTS

JUNE 17, 2020

Walmart has teamed with Shopify to bolster its online marketplace presence. The retailer will add Shopify sellers to its marketplace and will especially aim to have small and medium-sized businesses (SMBs) join its eCommerce lineup. 61B: Value of transactions China’s livestreaming eCommerce sector generated in 2019.

Retail 141

Retail Online Data 141

PYMNTS

NOVEMBER 1, 2019

According to the Eastern Europe B2C E-Commerce and Online Payment Market 2019 report, online retail sales in Eastern European countries continue a trend of double-digit growth rates this year, a release said. Cards are the most common means of online payment in Turkey, Russia and a few other Eastern European countries.

Online 101

Online Retail Regional Trends 101