PYMNTS

JANUARY 17, 2020

Artificial intelligence (AI) is moving from cool concept toward everyday consumer reality, and signs of that innovation are increasingly appearing in the retail space. Take the issue of retail security as one example. Retail Trust and AI.

Retail 149

Retail Security Fraud Illinois 149

PYMNTS

DECEMBER 28, 2016

Activewear brand Fabletics , which was co-founded by Kate Hudson in 2013, announced plans for a retail expansion across the U.S. The company confirmed that the new locations will bring the brand’s total retail store count to 30 locations throughout the U.S.

San Diego 190

San Diego San Jose San Francisco Indianapolis 190

Independent Banker

OCTOBER 31, 2022

ITMs and VTMs are popular retail banking innovations among community banks. What’s on the horizon for retail banking? According to a new report from PwC titled “Retail Banking 2025 and Beyond” (see sidebar), the retail banking industry is undergoing tremendous change—but, of course, community bankers already know that.

Banking Trends 151

Banking Trends Retail Trends Community Bank 151

PYMNTS

AUGUST 16, 2016

15) that it has entered into an agreement with the University of Illinois at Chicago to open a package pickup location inside the student center on the UIC campus, Amazon said in a press release. Amazon announced on Monday (Aug.

Illinois 100

Illinois Chicago Community Retail 100

PYMNTS

MARCH 2, 2020

New Jersey joins Washington, Illinois and other states and regions in introducing data privacy laws. On March 21, retailers doing business in New York State will be faced with a new law regarding data security. Retailers of all sizes will be forced to prepare for new, stricter regulations.

NJ 249

NJ New Jersey Regulation Data 249

PYMNTS

SEPTEMBER 21, 2018

To break into the brick-and-mortar world, some digitally native retailers have opened shops inside department stores. However, as in a traditional retail store, staff called “in-store stylists” are on hand to give recommendations tailored to each customer. Staffing has also become a challenge for retail companies.

San Francisco 123

San Francisco Retail Chicago San Diego 123

CFPB Monitor

JANUARY 19, 2021

On January 13, 2021, the Illinois legislature overwhelmingly passed SB 1792 (the “Act”), intended to, among other things, overhaul the state’s consumer finance laws. SB 1792 separately amends the Illinois Consumer Installment Loan Act and the Payday Loan Reform Act to apply this same 36% MAPR cap.)

Illinois 60

Illinois Retail Operations Lending 60

PYMNTS

SEPTEMBER 19, 2018

ALDI partnered with Instacart in March, first launching the service in greater Chicago, in areas as far as Rockford, Illinois, after testing it out in three markets – Atlanta, Dallas and Los Angeles — in August. We’re growing at a time when other retailers are struggling. Last year, the company revealed plans to spend $1.6

San Diego 173

San Diego Online Los Angeles US 173

PYMNTS

DECEMBER 27, 2019

Retailers that want to sell merchandise nationwide must pay attention to how each state’s tax code treats their goods. Data: 2018: Year of the Wayfair ruling, which limited retailers’ physical presence to tax-exempting states. percent: Tax rate imposed on online sellers in Illinois starting in 2020. $4M:

Taxes 131

Taxes Alaska Minnesota Compliance 131

PYMNTS

MAY 26, 2020

The owner/operator of 85 shopping centers in California, Colorado and Illinois said shoppers are returning to recently reopened malls, but they’re not lingering, according to a CNBC report. We have movie theaters, we have gyms, we have lots of places where three months ago we would have been thrilled to have close personal interaction. “For

Groups 205

Groups California Colorado Illinois 205

PYMNTS

JULY 13, 2018

Fabletics is seeking aggressive growth, with the activewear retailer planning to open 75 new brick-and-mortar stores in the U.S. Such an expansion would dramatically increase the retailer’s footprint – and bring its store count to a total of 100 locations. and other countries. billion cases of merchandise last year.

Retail 100

Retail Training Branding Illinois 100

PYMNTS

NOVEMBER 14, 2019

The Federal Trade Commission (FTC) is talking to large merchants to discover if some retailers are being blocked from routing digital payments over alternative debit networks, sources told Bloomberg. A 2010 law known as the Durbin amendment — named for Illinois Democrat Sen. When chip cards began arriving in the U.S.

Cards 176

Cards Illinois Regulation Policies 176

PYMNTS

FEBRUARY 10, 2020

To get a sense of how the impact may accrue to smaller sellers, Kumar Rajagopalan, CEO of Retailers Association of India (RAI), told Rediff.com that the tax can “create a cash flow situation for genuine sellers, too. The settlement was disclosed in the company’s latest quarterly earnings results, reported by The New York Times.

Taxes 175

Taxes Illinois Operations Study 175

PYMNTS

SEPTEMBER 30, 2020

the world’s largest healthcare company by revenue, has purchased DivvyDose, the Illinois-based online pharmacy startup, for about $300 million, sources told CNBC. CNBC reported giant retailers and health plans are acquiring online pharmacy startups as a way to make it easier for patients to access medicines. UnitedHealth Group Inc. ,

Online 198

Online Report Illinois Seattle 198

PYMNTS

APRIL 13, 2020

Schrimmer’s Illinois party supply retailer typically imports as many as 100 sea containers four times a year. “Anything that can delay the shipment in China, on the water, or before it hits the port of Los Angeles is helping us,” Jeff Schrimmer, president of Windy City Novelties, told FT.

Company 217

Company Los Angeles South Carolina Illinois 217

PYMNTS

SEPTEMBER 24, 2019

The ruling meant that online retailers could be mandated to collect sales tax — and taxes can be levied by states on firms that do not have physical presence in those states. One consideration is the fact that economic presence within a state means that retailers have to collect and remit taxes in those states.

Taxes 116

Taxes Retail Online South Dakota 116

PYMNTS

NOVEMBER 10, 2020

Amazon didn’t comment to FT and has in the past downplayed antitrust concerns, pointing to the many retailers with private label goods. . Illinois residents also have a $650 million lawsuit against Facebook. In the U.S. Japan recently announced its plans to coordinate investigations with both Europe and the U.S.

Data 185

Data Illinois Taxes Compliance 185

PYMNTS

OCTOBER 11, 2018

retail prescription market. percent of retail refill scripts for the company have been initiated through digital channels in the quarter, which marks an increase of 2.4 At the same time, the retailer is expanding its trial with Sprint to 80 additional locations that are scheduled to open before year’s end in Illinois and Texas.

Illinois 139

Illinois Retail Florida Texas 139

American Banker

MAY 29, 2024

The Illinois state legislature, as part of an agreement with retailers to raise state tax revenue, passed a budget bill that would bar the collection of interchange fees on sales taxes, excise taxes and tips for transactions that would be subject to Illinois sales taxes.

Illinois 45

Illinois Taxes Retail Policies 45

PYMNTS

MAY 26, 2020

The owner/operator of 85 shopping centers in California, Colorado and Illinois said shoppers are returning to recently reopened malls, but they’re not lingering, according to a CNBC report. We have movie theaters, we have gyms, we have lots of places where three months ago we would have been thrilled to have close personal interaction. “For

California 185

California Colorado Illinois Resources 185

PYMNTS

FEBRUARY 4, 2019

What eventually becomes cutting-edge in retail and payments often originates in places that are dedicated to security, not commerce. Those efforts come as voice-assistant and voice-activated technologies — different, of course, from voice-print biometrics — are having a moment in the retail spotlight. Voice-Print Efforts.

Fraud 161

Fraud Illinois Retail Security 161

PYMNTS

NOVEMBER 19, 2020

Deerfield, Illinois-based pharmacy chain Walgreens has launched a revamped customer loyalty program, myWalgreens , which promises its customers new benefits as the company closes down its previous offering, Balance Rewards.

Puerto Rico 169

Puerto Rico Virgin Islands Illinois Mobile 169

PYMNTS

MARCH 28, 2019

Kiosks are gaining more power in retail, especially as it becomes ever more obvious that consumers are not quite ready to cut ties with physical forms of buying, contrary to the early fever dreams of the eCommerce age. There are seven million family-run mom-and-pop stores that dominate retail outside big cities in China,” that analysis reads.

Marketing 158

Marketing Retail eBook Illinois 158

PYMNTS

NOVEMBER 15, 2017

Experiential retail is everyone’s favorite buzzword of late, but American Girl mastered this concept a long time ago. About twenty years earlier, in Chicago, Illinois, the first American Girl Place flagship store opened.

Retail 105

Retail Los Angeles New York Branding 105

PYMNTS

JUNE 3, 2020

reported “continued momentum” with its The EXPRESSway Forward long-term strategy, as a phased reopening of retail locations started on May 1. The retailer, however, reported that consolidated net sales dropped 53 percent to $210.3 As it took “decisive actions” to maintain liquidity, Express Inc. million in Q1 2020 from $451.3

Columbus 130

Columbus Illinois Ohio Guidelines 130

PYMNTS

DECEMBER 16, 2020

1.3B : Amount the Illinois state government spent on check disbursements in 2019. Data: 256 : Number of supercenters and grocery locations across MI, IN, KY, OH, IL and WI run by Meijer. 69.8% : Share of accounting payable professionals who wanted to innovate AP to save time in 2019.

Illinois 163

Illinois Payments Data Innovation 163

PYMNTS

FEBRUARY 9, 2020

Furthermore, small businesses in construction, manufacturing, natural resources, retail and transportation are all experiencing especially weak hiring, Zandi added. Allen worked through 300 resumes, and winnowed those to 50 in-person interviews before hiring a consultant to help her company.

Data 152

Data US Illinois Analytics 152

PYMNTS

JANUARY 21, 2020

As it moves into the business of cannabis retail and hangs out its shingle in the industry, High Times is opening its own brick-and-mortar stores this year. announced it would be bringing a flagship retail store to Los Angeles and Las Vegas. Illinois, for its part, became the newest state to legalize weed on Jan.

Las Vegas 131

Las Vegas Los Angeles Illinois Retail 131

PYMNTS

SEPTEMBER 22, 2020

In addition, Illinois-based Byline Bank is to shutter 11 offices from the beginning of next year, Banking Exchange reported. The report noted that the Lake City, Grandview Plaza and Wattsburg offices are set to shutter in mid-December. The bank indicated the decision would save a forecast $4.3

Pennsylvania 210

Pennsylvania Nashville Indiana Tennessee 210

PYMNTS

FEBRUARY 19, 2018

In a $30 million renovation to the Oakbrook Center mall in Oak Brook, Illinois, for example, the former Neiman Marcus store was subdivided into two restaurants: Perry’s Steakhouse and Old Town Pour House.

Illinois 136

Illinois Retail America Study 136

PYMNTS

JULY 6, 2020

The Riverwood, Illinois company said the move was “an effort to support the restaurant industry as it rebounds” from the pandemic and associated lockdowns. Discover Financial Services has launched a $5 million program targeting Black-owned restaurants.

San Jose 204

San Jose South Carolina Alabama Illinois 204

PYMNTS

AUGUST 24, 2020

The eCommerce retailer has reportedly registered many entities in the country in recent times. The social media firm purportedly contravened an Illinois state law via a “Tag Suggestions” functionality that enabled users to identify their friends from photos put on the platform in the past.

social media 152

social media Data Apple Compliance 152

PYMNTS

OCTOBER 23, 2018

State rules vary, of course, and some states let retailers decide what payment methods to accept. However, retailers are given discretion, and some can ban debit cards if they prefer.”. Take Connecticut, for example,” reads an article from Heavy.com.

Cards 126

Cards Ohio Connecticut Payments 126

PYMNTS

APRIL 22, 2019

That would seem to apply to credit unions (CUs), and to Consumers Credit Union of Illinois specifically, one of the largest CUs around, which has been in business since 1930 (before the Great Depression reached its worst depths). “You can’t teach an old dog new tricks” — so goes the dim, cynical saying. CU Advantages.

Illinois 134

Illinois Innovation Video Community 134

PYMNTS

MARCH 10, 2020

District Court for the Northern District of Illinois accusing Fifth Third of being fully aware that employees were opening accounts for customers without their knowledge since 2008. . The CFPB filed a complaint with the U.S. The CFPB alleged that the bank set high sales targets and incentivized employees for meeting them.

Los Angeles 167

Los Angeles Illinois Meeting Retail 167

PYMNTS

JANUARY 4, 2017

The total roster now claims more than 1,600 banks and credit unions domestically, said the site, even as 35 percent of retailers in the U.S. support Apple Pay. As has been reported, Apple Pay is also available internationally in, among other nations, Australia, China, Hong Kong, Japan, Spain, the U.K. and Switzerland.

Apple 117

Apple Arkansas Indiana Utah 117

PYMNTS

SEPTEMBER 18, 2020

Cash flow is thus still king, according to Caleb Benoit , founder of Illinois-based retail and wholesale coffee company Connect Roasters. The microbusiness seeks to keep most of its payments digital so that operations — and cash flow — can run transparently and smoothly, Benoit said.

US 241

US Payments Illinois Operations 241