PYMNTS

APRIL 11, 2019

A new report by investment firm UBS warns that an estimated 75,000 stores are likely to shut down by 2026. The reason for the closures can be attributed to the fact that more Americans prefer to shop online. household spent $5,200 online last year, an increase of nearly 50 percent from five years earlier.

Retail 128

Retail Online Washington Trends 128

PYMNTS

FEBRUARY 14, 2020

Amazon and Flipkart are pushing back against a proposed Indian tax on the online eCommerce market, saying it will stymie growth in the industry, according to a report by Reuters. . The tax would be 1 percent on every sale made by a seller on the eCommerce platforms, and it would take effect in April if approved by the country’s parliament.

Taxes 159

Taxes Industry Compliance Regulation 159

PYMNTS

APRIL 16, 2019

A longer-term retail outlook, this one from investment firm UBS , said that an estimated 75,000 brick-and-mortar stores are likely to shut down by 2026. Online Rising. Well, it’s not really a surprise: online shopping. household spent $5,200 online last year, an increase of nearly 50 percent from five years earlier.

Retail 179

Retail Online Training Customer Experience 179

PYMNTS

AUGUST 8, 2019

In separate news, a UBS report warned that an estimated 75,000 stores are likely to shut down by 2026. spent $5,200 online in 2018, an increase of nearly 50 percent from five years earlier. When it comes to other pharmacy chains, CVS said in May that it would shutter 46 underperforming stores.

United States 108

United States Retail Online Report 108

PYMNTS

NOVEMBER 2, 2016

A quarter of those were put toward building malls a decade ago — just before the online shopping boom began. regional malls that could close by 2026. Between the end of 2016 and 2017, $128 billion worth of commercial real estate loans are due to refinance. Howard Davidowitz, chairman of Davidowitz & Associates Inc.,

Data 100

Data Regional Retail Online 100

Abrigo

AUGUST 29, 2022

With the influx of online businesses and brick-and-mortar stores taking their products and services online, especially after the pandemic, it’s no surprise that electronic signatures have boomed. billion by 2026, according to Marketsandmarkets. The digital signature is forecasted to increase from $4.0 billion in 2021 to USD 16.8

Lending 195

Lending Security Online How To 195

PYMNTS

JUNE 24, 2019

The move comes as online shopping is projected to double the number of packages shipped in the U.S. to 100 million a day by 2026. UPS is also in the midst of a network reset to catch more of the online shopping wave. and other stores late at night to pick up online orders bound for nearby homes. Best Buy Inc.,

Online 139

Online Meeting Strategy Marketing 139

PYMNTS

NOVEMBER 2, 2016

Going to be a good year for online retailers if analysts got their guess right. The study further noted that online retail sales growth has picked up just over 14 percent in the last year, and while there is expected to be some cooling there to 11.4 Omnichannel has changed the field some but also very much changed cost structures.

Retail 100

Retail Online Study Trends 100

PYMNTS

SEPTEMBER 3, 2018

Online retail continues to grow in the country, and that market could hit $200 billion by 2026 if one goes by a Morgan Stanley estimate. That market will grow at a 30 percent compound annual growth rate (CAGR) until then. “An An increasing number of internet users, all new to eCommerce, will help lead this growth,” the report said.

Payments 132

Payments Conference Google Tools 132

PYMNTS

NOVEMBER 29, 2017

. $6 billion | Total revenue brought in by the cannabis industry in 2016, a figure that some estimate will grow to as much as $50 billion by the year 2026. 44 percent | The amount of all 2017 online commerce in the U.S. (4 By comparison, U.S. consumers spent roughly $55 billion on smartphones last year.

Data 116

Data blockchain Comparison Industry 116

PYMNTS

JUNE 1, 2018

And according to Bloomberg , Square’s shares have also surged 25 percent since the company announced it was buying website builder Weebly , which provides tools to easily build a professional website or online store. Square began its journey with in-person solutions, while Weebly began its journey online. percent of total U.S.

Bitcoin 101

Bitcoin Marketing Online Software 101

PYMNTS

FEBRUARY 10, 2020

The tax may be a case for the government to boost its own coffers on eCommerce, anticipated to be worth as much as $200 billion annually by 2026, as estimated by the India Brand Equity Foundation (IBEF) late last year. That is up from roughly $50 billion at present, with an estimated 175 million individuals shopping online in 2020.

Taxes 175

Taxes Illinois Study Operations 175

PYMNTS

MAY 7, 2019

have shuttered their Fifth Avenue stores to turn their attention to online shopping. In April, a report from investment firm UBS indicated that an estimated 75,000 stores are likely to shut down by 2026. household spent $5,200 online last year, which marked a jump of almost 50 percent from five years prior. Store Closures.

Retail 122

Retail Branding Washington Report 122

PYMNTS

OCTOBER 7, 2019

When paired with AI [artificial intelligence] on an online portal, 5G will provide patients with tools to discuss their cause of concern, access information about pre-existing conditions, and even receive treatment recommendations and prescription fills all online, without the need to come in for an appointment.”.

Analysis 196

Analysis Mobile Tools Data 196

PYMNTS

APRIL 25, 2019

have been hurt as shoppers make more purchases online, forcing retailers to think of ways to either downsize their footprints or repurpose their stores. Macy’s is certainly not the only retail operation with new ideas about how to deal with its real estate as physical retail keeps losing its luster and more consumers shop online.

Retail 122

Retail Los Angeles New York City New York 122

PYMNTS

FEBRUARY 20, 2019

Secure and fast disbursements could open new doors for big-ticket items to be exchanged online. in 2017, a significant share of which were accomplished through P2P transactions made via online marketplaces like eBay and Hemmings. . Escrow solutions can also be used to help secure online real estate transactions.

Tools 108

Tools Online Security Payments 108

PYMNTS

SEPTEMBER 3, 2018

Anyone doing digital payments in India must contend with homegrown Paytm , India’s largest online transaction facilitator, which could reportedly win a $286 million to $357 million investment from Berkshire Hathaway. Online Retail Growth. The path to bigger eCommerce market share will not be easy, though.

Payments 108

Payments Google Retail Online 108

PYMNTS

MARCH 18, 2019

While some customers may prefer to complete a registration or application completely online, others might want to use on-premise devices or self-service kiosks instead. Just under seven in 10 – or 69 percent – of all online shopping carts are abandoned before checkout. According to a report, 60.3

Online 110

Online Technology Security Payments 110

PYMNTS

JUNE 27, 2016

This month’s edition of the tracker features an interview with Scott Reich and Michael Winik, co-founders o f OurHarvest , a New York-based pop-up initiative that’s part farmers market, part online grocer. Here’s a sneak peek: .

Retail 104

Retail Maine New York Millennials 104

PYMNTS

AUGUST 28, 2019

It’s hardly news that consumers (along with regulators and politicians) are becoming increasingly focused on privacy and online security. percent CAGR from 2019 to 2026. And, as PYMNTS has documented , one of the main questions there is who is really responsible for IoT security. Even so, alarming reports keep surfacing.

Security 119

Security System Operations Report 119

PYMNTS

AUGUST 28, 2018

Tez — or Google Play in India — also will reportedly gain capabilities for online and offline retail after already being able to handle bank-based, bill and utility payments. Online retail, meanwhile, continues to grow in India, and that market could hit $200 billion by 2026 if one goes by a Morgan Stanley estimate.

Payments 100

Payments Google Retail United States 100

PYMNTS

DECEMBER 14, 2018

billion payments by 2026. In this model, an online platform acts as an intermediary by collecting consumers’ data while selling advertising opportunities to marketers. The market completed roughly 1.3 billion faster payments transactions between 2015 and 2016, and recent estimates project that number will reach approximately 2.3

Payments 180

Payments Regulation Data Security 180

PYMNTS

NOVEMBER 22, 2018

That comes as eCommerce is slated to be worth as much as $200 billion by 2026 , according to Morgan Stanley estimates, growing at 30 percent, compounded annually. Side note: Walmart has come to India in a big way with an ownership stake in online marketplace Flipkart , and thus has its own online payment offerings.

ATM 187

ATM Payments Compliance Google 187

PYMNTS

APRIL 12, 2019

“Store rationalization needs to accelerate meaningfully as online penetration continues to rise,” the investment firm said in a note to clients. Roughly 75,000 more retail stores with the exception of restaurants will need to close, according to analysts, with the assumption that online shopping’s share of retail sales in the U.S.

New York 100

New York Retail Texas Houston 100

PYMNTS

MARCH 13, 2019

Next came the invention of takeout, then phone-in and online ordering — all of which required restaurants to adjust their focus to offer top-quality services for all customers. The global POS restaurant management systems market is expected to reach $30 billion by the end of 2026, representing a compound annual growth rate of 12.4

Operations 102

Operations Mobile System Management 102

PYMNTS

MAY 10, 2018

Flipkart will need its newfound massive war chest – and a powerful partner like Walmart – to fend off Amazon ’s entrance into the world’s second largest country by population, representing an eCommerce opportunity that Morgan Stanley estimates will be worth $200 billion by 2026. Local Reaction.

Marketing 109

Marketing Video Online Company 109

PYMNTS

MAY 31, 2018

In 2016, 95 percent of transactions in in India were done in cash and there were approximately 60 million online shoppers – representing about 14 percent of the internet using base of the nation, according to a late 2017 report by Morgan Stanley. Great Expectations And Big Buy-Ins.

Branding 101

Branding National Report Online 101

PYMNTS

NOVEMBER 29, 2017

The cannabis industry brought in a little over $6 billion in revenue in 2016 — a figure that some estimate will grow to as much $50 billion by the year 2026. The problem is not in moving the supply. As a point of comparison, U.S. consumers spent a roughly equivalent amount ( $55 billion ) on smartphones last year. A very wide path.

blockchain 102

blockchain Industry District of Columbia Florida 102

PYMNTS

JUNE 7, 2019

percent between 2017 and 2026. Amazon is speaking with the country’s central bank about a solution that would enable consumers to pay in store or online using mobile devices and QR codes, according to March reports. Others, like payment card reader provider Clip, are also seeking to help innovate the Mexican economy.

America 128

America Mobile Cards Study 128

PYMNTS

JULY 22, 2019

More retailers are leaving malls than ever before as online shopping soars and debt-ridden chains collapse. Analysts predicted in April that an estimated 75,000 stores are likely to shut down by 2026. Household names like Sears and Victoria’s Secret are among the 7,400-plus stores closing in 2019, Financial Times reports.

Retail 146

Retail Online Branding Report 146

PYMNTS

APRIL 9, 2019

As online sales proliferate in the United States, UBS says merchants will have the need to close stores: The firm claims that businesses in the consumer electronics, clothing and home furnishing spaces will need to shutter more locations around the country, CNBC reported. retail sales reaches 25 percent by 2026.

United States 118

United States Retail Trends Online 118

PYMNTS

MAY 16, 2018

LightInTheBox , the global online retail company, announced Wednesday (May 16) that it has launched cash on delivery in India. “We are excited to enable the most popular online payment service, cash on delivery, in India. Amazon had been eyeing a deal with the local online retailer, but was trumped by Walmart.

Online 112

Online Video Retail Payments 112

CB Insights

MARCH 2, 2018

They also know how successful a retailer can be if it builds a leading e-commerce presence and brings a country into online retail. Those users combined to spend $18.38B on online retail from Sept ‘16 – Sept ‘17. Research from Morgan Stanley projects the online retail market will explode from $15B in 2016 to $200B in 2026.

Regional 68

Regional Retail Marketing Online 68