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Data Dive, Retail Race Edition

PYMNTS

And, speaking of making moves, this week’s Data Dive is dedicated to the retailers who have decided to start angling for poll position now, as holiday 2017 is still in the pre-show phase. Reports indicate that Amazon, if and when it enters the market, will expand its senior team with drug supply chain experts.

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Daylight Losing Time: How Changing The Clocks Hurts Retail

PYMNTS

However, the stakes can be much higher for retailers, as the length of a day can have a dramatic impact on how much (or how little) foot traffic they get. percent, while retail stores overall suffered a 4.8 When the clocks turn back, so do store profits, Vogue reported last fall. The Case Against DST. percent drop.

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Retailers Look To Digital Technologies After Beating The Street

PYMNTS

Retailers and retail landlords are reporting strong first-quarter earnings results, beating analysts’ expectations in many cases. billion, according to news from Retail Dive. In some cases, the retailer is demolishing existing stores to create new uses of the land. billion on Friday (April 27).

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Report: Address Verification APIs Fix eTailers’ Last-Mile Problem

PYMNTS

Many of these digital shoppers are now also weighing the security of this experience as top priority when they go to shop at new online retailers, according to one recent study. Relying upon digital onboarding can also help entities expand the number of markets — and thus the number of consumers — that entities can target.

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Retail’s Voice-Assisted, Meatless Summer

PYMNTS

As PYMNTS prepares to BBQ and drink sangria and maybe even hum some union solidarity anthems in honor of this holiday weekend, we ask you to take a few moments to join us on a “greatest-hits tour” of this past summer of retail. One example was provided by retail chain Urban Outfitters. New Subscription Push. Voice and Tariffs.

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How COVID-19 Is Redefining Luxury Spending

PYMNTS

If they cannot go to Hawaii or somewhere else, jewelry is the next best option.”. Business is heavy in vacation markets and second-home markets,” Anthony Hitt, CEO of Engel & Völkers Americas, told Fortune. A lot of people are still celebrating [special occasions] despite everything going on right now,” she said. “If

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While Some Malls Are On The Decline, Other Malls Bring In Billions In Sales

PYMNTS

A year after General Growth Properties’ (GGP) Providence Place opened in 1999, the mall boasted 120 tenants, including a slew of upmarket retailers, seven restaurants and two cinemas. million square feet of space — and quickly became a hot retail destination. In 2018, department stores closed in U.S. The Mall in Hawaiian Paradise.

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