PYMNTS

APRIL 21, 2020

The retail bankruptcy watch intensified Tuesday (April 21) as the department store sector was hit by reports of yet another major player looking at that option. Lord & Taylor, now joining Neiman Marcus, is considering a bankruptcy filing as the COVID-19 lockdown continues to decimate non-essential retail. billion in sales.

Retail 220

Retail Dallas Washington National 220

PYMNTS

MARCH 30, 2020

The boutique shops that lined Main Street USA, which got nearly all of their business face-to-face in their stores, expected that 2020 would be another great year. In other words, this sample reflects the composition of SMBs on those Main Streets and side streets of the communities that we all call home. In just 21 days. .

Maine 232

Maine Data Capital Study 232

PYMNTS

JANUARY 23, 2020

23) passed a ban on cashless food and retail stores. Applebaum added that communities of color in New York City are more than twice as likely to lack access to a bank and are less likely to host a branch of a bank than the national average. The New York City Council on Thursday (Jan.

New York City 236

New York City New York Retail social media 236

PYMNTS

FEBRUARY 11, 2020

retailers are concerned about a supply chain problem. While no direct evidence has been presented for a supply chain interruption from China, a new Wells Fargo report says concerns are rising among retailers. Every retailer has what’s known as an ‘All Hazard Plan.’ Chinese retailers are being hit hard.

Retail 188

Retail Apple Operations Report 188

PYMNTS

JULY 6, 2020

If your business touches retail in any way, it might pay to follow a few important breadcrumbs. Worse yet, some analysts fear the triggering of break-lease clauses for retailers in malls if anchor stores leave. All of this will only make malls an even tougher sell to consumers, and to retailers that want consumers to buy their stuff.

Retail 259

Retail Meeting Branding Maine 259

PYMNTS

MAY 7, 2020

And often, drilling down into business segments and management commentary provides insight into just how we as a nation are faring, depending on where you look. All eyes may be trained on Wall Street now, and Main Street too as the latest tranche of business lending gets underway. The Cash Need.

Maine 141

Maine Online Capital Retail 141

PYMNTS

APRIL 4, 2019

Out of the haze of uncertainty emerged a new mobile network, and from the new mobile network came new retail applications and experiences, all taking advantage of the faster speed of the technology, and the potential to reduce friction. 5G Retail Deal. 5G Retail Deal. VR Retail Growth. A new report also says the U.S.

Retail 177

Retail Mobile Course Technology 177

PYMNTS

SEPTEMBER 21, 2020

In between the mad rush to close out the business year, retailers and restaurants prep for what they hope is the most wonderful time of their year for making sales. In celebration of National Small Business Week, Visa will co-host a three-day virtual summit called the What’s Next Fest in partnership with the Female Founder Collective (FFC).

Maine 294

Maine National Study New York 294

PYMNTS

JANUARY 15, 2021

In the inaugural QR Code Payments Tracker® , PYMNTS explores the latest in the world of QR codes, including new implementations at retailers and payment providers, the security concerns facing this payment method, and the pandemic’s effect on the development and rollout of QR code-enabled payment options. Retail Environment.

Retail 207

Retail Security Payments United States 207

Abrigo

APRIL 28, 2016

Small Business Administration What creates two out of three net new American jobs; produces close to half of our nation’s goods and services (nonfarm private GDP); and can be found, coast to coast, in every small town, big city and rural enclave? Counseling: SBA provides free consultation and advice to help Main Street succeed.

National 150

National San Jose Los Angeles United States 150

PYMNTS

JULY 23, 2019

Tommy Hilfiger, Target and Zappos have all launched these types of lines in recent years, while Kohl’s is the latest retailer to do so, CNBC reported. The jumpsuit was designed with input from Chloe Ball-Hopkins, a Paralympian, who was also said to be the main model for the apparel item.

Branding 139

Branding Retail Maine Report 139

PYMNTS

AUGUST 27, 2019

When it comes to retail innovation — changes that promise to influence commerce not only this year, but in the 2020s — cameras could have a significant role. This data certainly isn’t nothing, but it pales in comparison to the data troves that digital retailers have. That’s not the only way innovation with cameras can help retailers.

Retail 118

Retail Innovation Video Data 118

PYMNTS

DECEMBER 19, 2019

That’s because cameras are playing a much bigger role in retail, a trend that will keep gaining steam in the new decade. The Associated Press reports that cameras are, at least somewhat quietly, making inroads into a number of retail outlets in a bid to, well, get to know you. are now looking to follow suit.”. Security Cameras.

Retail 131

Retail Software Video Course 131

PYMNTS

SEPTEMBER 30, 2017

As a nation of awake-earliers, up-very-laters, last-minute-crammers and entrepreneurs who simply never sleep at all, in this country, we like our coffee. Welcome To National (Free) Coffee Day. If you happened to have missed it, National Coffee Day was technically yesterday, Friday (Oct. National Taco day is next week (Oct.

National 103

National social media Cards Retail 103

PYMNTS

FEBRUARY 24, 2016

One of the most significant: the health and importance of small businesses, and in particular, the “mom and pop” shops that line the main streets and side streets of our local communities. With the 2016 presidential race in full swing, many important economic issues are being discussed. The SFBI stood at 112.9 points in Q2 2014.

Maine 100

Maine South Carolina New Hampshire Capital 100

PYMNTS

NOVEMBER 21, 2020

All possible joking aside, going into the national day of giving thanks is going to be especially hard on some people this year, simply because of how very little the year has given them to be grateful for. So it’s good to see some major retailers giving back for the holiday. That would cut 7.3

Retail 179

Retail Community National New York 179

PYMNTS

JANUARY 22, 2019

While the shopper will click “buy,” then receive data about order confirmation, payment acceptance and shipping, the retailer itself is bombarded with information and a slew of decisions to make. That single purchase provides several data points that retailers must assess to run their businesses most efficiently.

Retail 152

Retail Data Management Analytics 152

PYMNTS

MAY 15, 2018

The Central Bureau of Investigation (CBI), India’s main investigative agency in the country, has filed charges in the Punjab National Bank fraud case against Nirav Modi, the jewelry retail owner, and his uncle Mehul Choksi, as well as senior executives at the state-run lender.

Fraud 100

Fraud National Maine System 100

PYMNTS

NOVEMBER 25, 2019

Retail innovation comes from various places – and for the new decade, that includes quick-service restaurants (QSRs), the site of massive technological change. According to a new study from the National Restaurant Association and Technomic, 22 percent of consumers used kiosk ordering last year.

Innovation 153

Innovation Retail New York City Minnesota 153

Independent Banker

FEBRUARY 16, 2015

Most important, in addition to establishing classified data clearances and faster briefings, the nation’s 6,500 community banks need to be mobilized as a frontline intelligence-gathering and countermeasure deployment resource. Buhrmaster is president of 1st National Bank of Scotia, in Scotia, N.Y.

Maine 70

Maine Community Bank Industry Community 70

PYMNTS

APRIL 12, 2018

India’s Punjab National Bank (PNB) is conducting an internal investigation into an alleged $2 billion fraud, vowing to come down on anyone involved in the crime. “We The scandal involves firms associated with diamond merchants Nirav Modi, the billionaire jeweler, and his uncle, Mehul Choksi, who heads jewelry retailer Gitanjali Gems.

National 100

National Fraud Maine Software 100

PYMNTS

DECEMBER 16, 2020

The mom-and-pop shops, independent proprietorships and independently owned restaurants, cafes and coffee shops that line Main Streets all over America have found themselves pushed to the brink – and are nervous about the prospect of their continued survival. But zooming in front of that result are some important nuances.

Maine 282

Maine Survey Online Retail 282

PYMNTS

SEPTEMBER 17, 2019

In the meantime, the digital, mobile, delivery and other innovations that are taking place in this sector are also promising to impact retailers and the consumers who shop not only with mom-and-pop stores but with the bigger chains. The latest example of that comes from one of the biggest retail chains out there — Walmart.

Retail 108

Retail Georgia Houston Dallas 108

PYMNTS

JANUARY 4, 2019

Digitally native retailers are opening stores to bring their virtual experiences into the real world, and Zola is one of the latest merchants to test out the brick-and-mortar waters. The wedding retailer opened a store in New York City’s Flatiron District that is billed as a “one-stop-shop for wedding planning.”.

NJ 129

NJ Retail New York City New York 129

PYMNTS

OCTOBER 20, 2016

But Bulk Nation had a radical idea about fixing that problem. “We have more than 3,000 items available on our shelves,” Bulk Nation President Clay Donato noted, “and we mean it when we say customers can buy whatever they want. There is a container, and that’s what the customer buys. You can buy just a pound.

National 100

National Florida Jacksonville Oklahoma 100

PYMNTS

APRIL 12, 2016

It’s what’s turned the retail word upside down as consumers with their mobile devices have decided they’d rather buy from their couch with their mobile phone than schlep to the mall. In other words, kick the door wide open to remote retail. Meeting the consumer where they are. That’s the mantra of innovators everywhere.

Retail 100

Retail Technology Chicago Samsung 100

PYMNTS

JULY 23, 2019

The country recently announced that it will no longer process checks on its national payment system. Truckers play an important role in shuttling deliveries across country to retailers and merchants, handling 71 percent of the freight tonnage moved in America in 2017. Find all the latest headlines in the Tracker.

Retail 131

Retail System Payments Resources 131

PYMNTS

JULY 4, 2017

According to the latest findings of the European Ecommerce Report 2017 , it is a good time to be selling online in Europe — especially since online retail growth has been “exponential” over the last several years. percent of 2016 global retail sales. percent of 2016 global retail sales. “We

Online 178

Online Maine Retail Report 178

PYMNTS

SEPTEMBER 15, 2020

In Berlin, where last week saw a two-day meeting of financial officials from Europe, central bankers discussed digital payments and the confines of digital, national currencies. The ECB commentary, we contend, solidifies at least some regional approaches to CBDCs, but retail use cases may be gaining favor.

Boston 227

Boston Retail Meeting Maine 227

PYMNTS

DECEMBER 7, 2019

Santa: The Original Experiential Retail Strategy. Santa showing up in retail marketing, as far as historians can tell, dates back to the 1840s when some stores went as far as putting up life-sized models of jolly old St. And while much has changed in retail, Santa’s popularity has not. In fact, it is growing.

Retail 136

Retail New Jersey New York City Course 136

PYMNTS

MAY 22, 2020

The reopening of retail is bound to portend changes for businesses as well as consumers. The National Retail Federation (NRF) and other groups have released guidelines for store operation and design today (May 22) as members begin to come back from the economic devastation of the pandemic. It also recommends changes to kiosks.

Retail 148

Retail Guidelines National Customer Experience 148

PYMNTS

APRIL 4, 2019

As far as made-up, non-holiday holidays go, you could probably do worse than National Burrito Day , which takes place on Thursday (April 4). And that’s what Chipotle, like many of its competitors, is betting on.

Innovation 136

Innovation National Mobile Trends 136

PYMNTS

MAY 13, 2020

The average business has in excess of $10,000 in monthly expenses and barely enough cash on hand to survive a month, according to the National Bureau Of Economic Research ( NBER ). The recent PYMNTS report Main Street On Lockdown: The COVID-19 Cash Chasm shows that the average SMB has enough cash to stay open for 37 days as of April 6.

Illinois 144

Illinois National Chicago Survey 144

PYMNTS

OCTOBER 12, 2020

Welcome to the beginning of holiday shopping 2020 – or so the media and key retailers have deemed it. But as the most active and consequential retail week of this year arrives, questions still abound as to how much consumers will spend, what they are buying and who they are buying for. According to Coresight Research , 26.7

Retail 160

Retail Maine Online National 160

PYMNTS

MAY 30, 2016

But for all the glories of summer — long days, vacations and a built-in excuse to substitute ice cream for any actual meal — summer does have one asterisk for retailers in the U.S. So what fun in the sun can the nation’s retailers expect this year? However, across the U.S. Strange, but not necessarily bad.

Retail 100

Retail Course United States Boston 100

PYMNTS

FEBRUARY 16, 2018

As a result, our eCommerce business is now approximately $1 billion in annualized retail sales, and we are well-positioned to capitalize on what is sure to be a dynamic future in this space,” Nooyi told investors. And the numbers in this regard don’t lie: Physical retail is growing at a rate of about 3.6

Retail 124

Retail Branding Mobile Strategy 124

PYMNTS

NOVEMBER 28, 2020

For years, the weekend after Thanksgiving has been a harmonic convergence of made-up shopping holidays, concentrating Black Friday and Cyber Monday into three days of riotous retailing. As a companion to National Salesperson Day on Dec. 14 already has a made-up commercial holiday: National Free Shipping Day , in effect since 2008.

social media 198

social media National US Retail 198