PYMNTS

AUGUST 10, 2020

For physical retail, the pandemic was simply the force that accelerated a decline that had started in 2014 — one that inertia had masked for all of the years up until now. This data came on the heels of a holiday shopping season that was strong, but weaker than retail analysts had expected. A Long Time Ago … In January 2020.

Retail 291

Retail US Innovation Report 291

PYMNTS

JANUARY 25, 2021

The National Retail Federation ’s annual convention may have come and gone but the sentiments, strategies and lessons learned from facing nearly a year of pandemic-led changes by some of the world’s largest merchants are going nowhere fast — especially when it comes to their embrace of increased digitalization.

Community 269

Community Retail Strategy National 269

PYMNTS

APRIL 13, 2020

Prepare for a big week of retail data, all of it unprecedented in light of the COVID-19 pandemic. Starting with the Commerce Department retail sales data on Wednesday, retailers will get a sense of how much consumers are spending and the retailers they are spending with. For retailers, there are no surprises from March.

Retail 216

Retail Data Capital New York 216

PYMNTS

JANUARY 26, 2021

In today’s top retail news, the U.S. The retailer said the move is part of a plan to execute a “store footprint optimization plan, including the contemplated exit of unprofitable locations.” From Community Hubs To In-Store Theater, Retailers Double Down In Digital At NRF. L’Occitane’s U.S. percent seen in December 2019.

Retail 239

Retail US New Jersey New York 239

PYMNTS

SEPTEMBER 17, 2020

Four consecutive months into positive consumer spending trends, one wonders if there might be — indeed must be — a lull, a pullback that might indicate a tougher road ahead for retailers headed into the all-important holiday spending season. Census Bureau reported that retail sales in August were up 60 basis points over July.

Retail 240

Retail Data National Trends 240

PYMNTS

JANUARY 25, 2021

In today’s top retail news, Cox Automotive has released its Complete Retail online experience, and Pinterest is introducing an augmented reality (AR) try-on tool to help users with testing and comparing eye shadow. Cox Automotive Launches End-To-End Car Retail Experience. Cox Automotive Launches End-To-End Car Retail Experience.

Retail 207

Retail Georgia Tools Conference 207

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

South State Correspondent

FEBRUARY 20, 2023

Many existing community bank customers and prospects are also national bank customers. There are now many online, nationally-focused lenders that are capable of an entire virtual relationship. Conclusion Community banks should not try to be national or regional banks.

National 195

National Lending How To Community Bank 195

PYMNTS

JANUARY 11, 2021

retail rents falling in many locales by percentages even greater than those seen in or after the 2007-08 Great Recession. These decreases are historic,” the Real Estate Board of New York wrote in a new report showing that average Manhattan retail asking rents fell in all of the island’s 17 retail corridors during autumn.

Los Angeles 207

Los Angeles Retail San Diego San Francisco 207

PYMNTS

JANUARY 12, 2021

Organized crime rings are taking advantage of the pandemic, looser police enforcement and a softening in anti-shoplifting laws to swipe tons of merchandise from retail stores and warehouses across the United States. KPIX-TV reported that the shop proudly advertised on Facebook Marketplace that customers “never pay retail.”.

Retail 226

Retail Florida San Francisco Sacramento 226

PYMNTS

JANUARY 12, 2020

Bowman noted that Tap to Phone leverages EMV’s underlying capabilities, the growing base of contactless cards in consumers’ wallets and the partnership with Samsung to allow sellers to tap into new retail sales opportunities, simply by downloading an app onto a mobile device they already use. Optimizing the Digital Transformation of Retail

Retail 226

Retail Samsung Software Mobile 226

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.

Retail 202

Retail Online Meeting National 202

PYMNTS

MAY 22, 2020

If you want to know whether stimulus checks are working to rebuild the economy, just ask the world’s largest retailer. Lowe’s CEO Marvin Ellison said the do-it-yourself retailer saw indications that checks boosted sales of home improvement items. Walmart U.S. I think it helped,” Furner told The First Trade, Yahoo!

Retail 210

Retail Apple Survey National 210

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

DECEMBER 9, 2020

In today’s top news, cybersecurity firm FireEye announced that it had been hacked by a suspected nation-state, and PayPal’s iZettle added QR code payments to its POS app in the U.K. Cybersecurity Firm FireEye Hacked By Suspected Nation-State. Retail Will Play Major Role In Vaccine Distribution. amid COVID-19 restrictions.

National 204

National Payments Tools Resources 204

PYMNTS

NOVEMBER 11, 2020

Buy now, pay later (BNPL) payments platform Afterpay is teaming up with retailer Gap to offer flexible spending options as the holiday shopping season gears up. Last month, AfterPay partnered with Simon Mall in a national collaboration. It also teamed up with major retailers across the U.S. ahead of the holiday shopping season.

Retail 222

Retail Charlotte Branding Millennials 222

PYMNTS

DECEMBER 28, 2020

The dreaded returns season has hit retail with a predictable but painful thud. In fact, forward-thinking retailers are looking at the return process as a chance to create a positive customer experience. In fact, forward-thinking retailers are looking at the return process as a chance to create a positive customer experience.

Customer Experience 216

Customer Experience Retail America Branding 216

PYMNTS

JULY 24, 2020

As retailers seek to prevent staffers and shoppers from arguing, the requirements of major merchants that shoppers wear masks in U.S. Walmart , along with Walgreens, Home Depot and others, indicates that the retailer will still allow non-mask-wearing customers to transact, CNN reported. brick-and-mortar stores are only so effective.

Retail 184

Retail Policies National System 184

PYMNTS

DECEMBER 27, 2020

Across our expanded 75-day holiday shopping season , sales were up 3.0%, a testament to the holiday season and strength of retailers and consumers alike.”. The National Retail Federation had forecast an increase for the season, year over year, of between 3.6 retail locations this year compared to last, the Journal reported.

Retail 184

Retail US Data Analytics 184

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

PYMNTS

DECEMBER 28, 2020

In today’s top retail news, FedEx Corp. The service connects more than 100 brands and retailers to shoppers. Save A Lot Sells 51 Retail Locations To Fresh Encounter. Save A Lot, the discount grocery retailer, revealed the sale of 51 stores operated by the firm in the Tampa, Florida market to Fresh Encounter.

Tampa 188

Tampa Retail Florida Branding 188

PYMNTS

NOVEMBER 9, 2020

In today’s top payments news around the world, Red Dot Capital Partners has landed $200 million to invest in tech firms, Walmart announced it would sell its retail operations in Argentina to Grupo de Narváez. Plus, Amazon has opened three additional logistics hubs in Brazil.

Retail 210

Retail Capital Payments Fintech 210

PYMNTS

JULY 22, 2020

The retail industry is facing its first sales event of the pandemic with the coming of back-to-school sales. The projections were led by the National Retail Federation (NRF) this week, as it foresees record sales for back to school. Second, are retailers removing friction from the buying process? The Digital 3.0

Retail 186

Retail Meeting Arizona Florida 186

PYMNTS

JANUARY 19, 2021

With more financial institutions (FIs) turning to external third-party FinTechs to strengthen their small- to medium-sized business (SMB) and corporate offerings, the collaboration model is proliferating across national borders. National Australia Bank Chooses Eedenbull. ní banka Taps Temenos. The Czech Republic’s Komer?ní

Fintech 341

Fintech National Groups Tools 341

PYMNTS

SEPTEMBER 15, 2020

To that end, in China, retail data showed consumers snapped a seven-month streak decline. Retail sales posted their first gain amid the pandemic. Data published by China’s National Bureau of Statistics showed consumer spending gained 50 basis points in August from the year ago period. percent of the total sales of retail goods.

Retail 171

Retail Lending United States Course 171

PYMNTS

DECEMBER 16, 2020

Amid the great digital shift , retailers and financial institutions (FIs) must walk the fine line between challenging transactions and letting the consumer journey proceed frictionless. That’s driven the retailer to require merchandise, risk-driven signatures that can be dynamically altered, said Thompson. The Scope Of The Problem.

Retail 228

Retail Management Fraud Omaha 228

PYMNTS

FEBRUARY 21, 2020

The coronavirus has far-reaching impacts that extend beyond health, with a wide range of economic effects in sectors ranging from transportation to telecom and retail. And, in brick-and-mortar news, Uniqlo operator Fast Retailing has reportedly reopened roughly 100 retail locations in China as of last week.

Conference 331

Conference United States Retail National 331

PYMNTS

APRIL 27, 2020

Dozens of retailers, from Dick’s Sporting Goods to Walmart , have added contactless shopping services, and it’s caught on. increased 49 percent from March 12 to April 11, compared to March 1 to March 11 after a review of internet transactions from 80 of the top 100 internet retailers. . Retailers are trying to figure it out.

Dallas 258

Dallas US Retail Texas 258

Payments Dive

APRIL 29, 2024

The National Retail Federation lashed out at a landmark Visa-Mastercard legal settlement Friday, calling the pact reached with some merchants last month “meager and temporary” relief.

National 221

National Retail 221

PYMNTS

FEBRUARY 20, 2020

And while not every effort has been a world-beating success, unlike many of its fellows in the world of brick-and-mortar retail, it certainly can not be said that IKEA has failed to be proactive in the face of a rapidly shifting commerce ecosystem. If that is the case, well, successful ideas in retail have a habit of being contagious.

Retail 187

Retail Google Course Mobile 187

Chris Skinner

JULY 5, 2017

One of the first to be contactless and, more recently, one of the first to offer social retail banking. If nothing else, I love Turkey for their cheesy adverts: In this latest update BKM, the ACH for most of the retail banks, provides the story of Troy, the first and only national payments scheme of Turkey.

National 300

National Cards Innovation Marketing 300

Bank Innovation

FEBRUARY 24, 2020

Royal Bank of Canada plans to launch a direct-to-consumer bank in the U.S. in hopes of reaching affluent consumers. You’ll see us likely launch a direct-to-consumer bank in the United States sometime at the end of this year or early next year, really focused on a higher net worth customer, not dissimilar to some of […].

US 259

US United States Retail Innovation Strategies 259

Payments Dive

SEPTEMBER 22, 2022

GOP lawmakers, during a wide-ranging hearing Wednesday, demanded the CEOs of the nation’s top banks share how they plan to respond to a new category code for gun and ammunition retailers.

National 243

National Retail 243

PYMNTS

NOVEMBER 23, 2020

The National Retail Federation (NRF) said it predicts retail sales across the U.S. billion in retail sales and an increase of 3.5 billion in retail sales and an increase of 3.5 The shutdowns and stay-at-home orders from last spring have stunted some of the growth, with some smaller retailers still struggling.

Online 251

Online Retail National Analytics 251

PYMNTS

AUGUST 5, 2020

This is not a shift because this digital growth isn’t coming at the expense of our retail business so much as it is about getting new customers to the category and other customers from other parts of the remittance market, like banks and other digital financial services providers.”. Earnings likewise fell sharply to $161.9 million ($1.43

United States 337

United States National Retail US 337

Bank Innovation

APRIL 24, 2018

NatWest, formally called National Westminster Bank, currently has about 7.5 million retail customers. Royal Bank of Scotland will launch a new mobile bank and plans on moving one million of its NatWest customers to there, according to Forbes. NatWest Bank is a fully owned subsidiary of RBS.

Mobile 249

Mobile National Retail Online 249

PYMNTS

JULY 2, 2020

The Payment Choice Act is aimed at businesses that refuse to accept cash as payment or retailers that charge a fee for cash transactions, the network reported. We’re most encouraged to see such widespread bipartisan support for the Payne bill,” Bruce Renard, executive director of the National ATM Council, a coalition member, said in May.

New Jersey 175

New Jersey North Dakota Retail San Francisco 175