PYMNTS

MAY 4, 2020

J.Crew’s bankruptcy declaration on Monday (May 4) citing the devastating impact on sales by the coronavirus pandemic could be the first of a long line of big-name retailers to seek protection. The retailer made its filing in the U.S. It appears most consumers have filled the shopping gap by making purchases online.

Retail 131

Retail Dallas Texas Online 131

PYMNTS

OCTOBER 29, 2020

This time, however, retailers and restaurants have upped their digital game instead of being caught flat-footed as they were at the beginning of the pandemic. For example, when consumers shop this holiday season a greater percentage will do so online. When the pandemic started in early March, only 12.3 percent wary of crowds in stores.

El Paso 226

El Paso Texas Retail Online 226

PYMNTS

JULY 14, 2020

The Texas-based eCommerce firm, which helps businesses design and roll out online storefronts, said in a press statement that it has notified the U.S. BigCommerce ’s potentially big move comes as interest in online commerce explodes in the wake of the coronavirus crisis and the social distancing requirements it has spawned.

Online 130

Online Texas Innovation Company 130

PYMNTS

JUNE 2, 2020

The list of positive retail brand attributes goes on and on, but one new post-pandemic value has become more important than all the others: cleanliness. Example: Ted Gallagher is vice president and partner at Environmental Hazards Control , a Lancaster, Pennsylvania-based company that disinfects retail locations and other business facilities.

Retail 141

Retail Las Vegas Branding Pennsylvania 141

PYMNTS

OCTOBER 6, 2020

through March 2024, the Texas-based company announced on Tuesday (Oct. In July, the company reported that its online transaction volume grew 106 percent year over year during the second quarter, as the firm capitalized on a digital transformation that began long before the pandemic. . million in revenue. Total revenue was $279.8

Puerto Rico 282

Puerto Rico Texas Online Report 282

PYMNTS

JULY 2, 2020

a veritable “who’s who” of retailing legends, including Macy’s, Nordstrom, JCPenney and Sears. s Centre for Retail Research, 2,123 stores operated by 38 large and medium-sized retailers – which employed 49,200 staff – fell into administration in the first six months of this year. s John Lewis – and, in the U.S., All in one day.

Retail 246

Retail New Jersey Guidelines Texas 246

PYMNTS

JANUARY 3, 2020

Some retailers might be taking that to heart in this new year as part of the larger and ongoing effort to breathe new life into brick-and-mortar retail — a struggle that has been around almost as long as “The Simpsons” has, in fact. And other retailers are turning to alcohol to increase the appeal of their physical offerings.

Retail 139

Retail Virginia Florida Chicago 139

PYMNTS

MAY 8, 2020

The deal will give the Texas firm a 2.3 billion start to do business online for the first time. They are entering retail, but they need Reliance’s push.”. The news service reported that Silver Lake, another American private-equity firm, said on Sunday (May 3) that it is investing $750 million into Jio. “We percent stake in Jio.

Texas 249

Texas Mobile Operations Report 249

PYMNTS

AUGUST 22, 2019

The Sock Spot CEO Ben Williams, for instance, worked for a manufacturer in eCommerce and decided to start his own online shopping company. The Sock Spot is part of a larger trend of digital innovators tapping into automated retail. Alpaca Market , for instance, has a network of vending machines and smart fridges in Austin, Texas.

Retail 140

Retail San Francisco Austin Samsung 140

PYMNTS

OCTOBER 7, 2018

Deliverr has ten warehouses in states including Texas, Missouri, Pennsylvania, Ohio, and New Jersey. Deliverr said it will use the funding to grow its team and ink more partnerships with more online retailers. Deliverr co-founder Michael Krakaris said the number of warehouses is growing weekly. They didn’t build their own taxis.

San Francisco 170

San Francisco Missouri New Jersey Pennsylvania 170

PYMNTS

SEPTEMBER 18, 2020

When the pandemic first took hold of the retail industry in March and April, the phrase “it’s hard to forecast during a pandemic” was heard in most every executive interview or earnings call. That’s part of the thinking behind Deloitte’s annual holiday retail forecast , released earlier this week. economic forecaster. “E-commerce

Retail 228

Retail Georgia Texas Strategy 228

PYMNTS

DECEMBER 10, 2020

The retailer reported online shopping sales growth of 95.9 Retail locations facilitated more than 95 percent of the retailer’s overall sales, with the inclusion of in-store, buy online-pick up in-store (BOPIS) and ship-from-store sales. percent over Q3 of last year. percent in Q3 of last year. billion for Q3 2020.

Report 165

Report Texas Retail Online 165

PYMNTS

JANUARY 7, 2020

Texas-based Pier One Imports is the latest casualty, with 450 stores going out of business. Although earlier reports of a retail apocalypse were overstated at first, the latest statistics seem to indicate “that the scales may have tipped,” said Barbara Denham, senior economist at Reis. Overall retail sales from Nov.

San Francisco 162

San Francisco Indianapolis Texas Retail 162

PYMNTS

MARCH 1, 2019

Brick-and-mortar fashion retailers are developing in-store experiences to encourage customer loyalty. markets, aiming to generate repeat visits as part of its experiential retail efforts. Austin, Texas; and Dublin, Ohio. The retailer, which has 1,143 stores globally, closes an average of around 15 stores annually.

Branding 129

Branding Retail Columbus Las Vegas 129

PYMNTS

JUNE 26, 2020

As the company’s chief digital officer, Sethia and his team have built what is arguably the most valuable loyalty program in retail with more than 33 million members. It announced this week that it is piloting Fuel Loyalty at participating 7-Eleven stores in North and South Orlando, Florida; North Texas; and Woodbridge, Virginia.

Virginia 245

Virginia Florida Texas Retail 245

PYMNTS

DECEMBER 17, 2018

The holiday season brings in a staggering number of returns for eCommerce sales: According to estimates from CBRE, online returns could reach $37 billion amid the gift-giving season. Some of those unwanted items, however, don’t end up being resold by retailers themselves. You just don’t know what it is yet.”.

Dallas 168

Dallas Video Texas Retail 168

PYMNTS

AUGUST 6, 2020

BigCommerce , which works in software for online business operations, saw its value rise by 292 percent after an initial public offering (IPO) for $216 million was priced above a target range, according to a report by Bloomberg. exchange for a company raising at least $100 million, according to Bloomberg’s data. 4) for $24 each.

Software 194

Software social media Austin Texas 194

PYMNTS

DECEMBER 13, 2019

Grocery retailers are making it easier for consumers to shop with their mobile devices through digital innovations. Chief Digital Officer Jag Bath said per a post , “The new My H-E-B mobile app is a perfect example of how we are investing in new technologies to enhance our digital services and establish H-E-B as a digital retail leader.”

Retail 131

Retail San Antonio NV Houston 131

PYMNTS

JANUARY 3, 2020

The ground zero, of course, was Wayfair , the 2018 case in which the Supreme Court ruled online retailers could be mandated to collect sales tax — and taxes could be levied by states on firms that do not have physical presence in those states. Other states are tinkering with laws already in place post-Wayfair.

Online 132

Online Taxes Compliance Missouri 132

PYMNTS

JANUARY 7, 2020

For instance, online marketplace and auction site eBay has released eBay Motors , a new app that uses artificial intelligence (AI) to list a car in under five minutes, according to a report by The Verge. The company has teamed up with Regions Bank to provide the possibility of virtual loans to consumers in Texas, the South and the Midwest.

Trends 134

Trends Retail Fort Worth Regional 134

PYMNTS

SEPTEMBER 14, 2018

Though not expected to be as damaging as the hurricane run that ripped through Texas, Florida and Puerto Rico last year, Hurricane Florence is expected to deal $700 million worth of net negative impact on the U.S. A bad one — bad enough, in fact, to be this week’s biggest fizzle. in West Chester, Pennsylvania, said in reference to Florence.

Retail 135

Retail North Carolina Puerto Rico Houston 135

Bank Innovation

APRIL 12, 2016

Austin, Texas-based Malauzai‘s online and mobile platforms will now include personal financial management tools. This means that before you pay that bill with a snap of your smartphone camera, you can check what other bills are coming due this week, and how much this will cut into your planned trip Read More.

Austin 150

Austin Texas Tools Online 150

PYMNTS

APRIL 6, 2017

When mPOS solutions started to roll out in retail locations about a decade ago, many predicted a futuristic utopia devoid of long lines and bulging wallets. Even retailers equipped with mPOS terminals opt not to accept mobile payment, and consumer adoption continues to lag. . But these days, that fantasy is still far from reality.

Retail 110

Retail Mobile Report Texas 110

PYMNTS

MAY 5, 2020

In retail, Macy’s and Simon Property Group are heading up the list of reopenings. Data: 1,033: Number of new COVID-19 cases Texas had by May 1. 39.2%: Share of consumers who shop for retail goods online more often than they did on March 6. Data: 1,033: Number of new COVID-19 cases Texas had by May 1.

System 130

System Texas Retail Data 130

PYMNTS

SEPTEMBER 30, 2019

These laws were meant to make online sellers face sales tax requirements similar to those for retailers with on-the-ground locations, putting both types of businesses on equal footing. Small tobacco retailers can therefore struggle to build visibility among consumers when entering new markets.

Retail 109

Retail Taxes Virginia South Dakota 109

PYMNTS

FEBRUARY 15, 2019

CVS retail business, separate from its pharmacy operations, has had a difficult few years. Same-store sales have been falling, particularly as some staples that were once common drugstore sales have departed solidly online. But those general retail items will be reduced and restricted to make more room for healthcare-related services.

Retail 116

Retail Houston Texas Innovation 116

PYMNTS

JULY 22, 2019

But we want to take a few minutes to talk about pop-up shops, and how those temporary but often lucrative retail efforts are shaping commerce — and being shaped by payments — and what could be coming next. Even so, the company has certainly not given up on physical retail. Riding Retail Trends.

Retail 108

Retail Honolulu Branding Trends 108

PYMNTS

OCTOBER 22, 2020

No other platform features the PICKUP Good Guys, a curated network of vetted independent contractors delivering big and heavy goods, enabling PICKUP to provide retailers greater value across their assortment than any other solution on the market today,” she said. Postmates was launched in 2011 and is based in Silicon Valley. billion.

Dallas 150

Dallas Texas Retail Customer Experience 150

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

JUNE 23, 2020

The coronavirus struck when JCPenney was already struggling to survive in a fiercely competitive retail market, one in which an ever-growing number of shoppers are choosing to buy online instead of at their local mall. In the wake of the virus, JCPenney was forced to close more than 800 stores, but has since reopened at least 500.

United States 158

United States Texas New York Retail 158

PYMNTS

AUGUST 3, 2020

Online shopping technology provider BigCommerce Holdings is increasing its potential pricing and appended insider selling as it plans to go public, according to reports. BigCommerce Holdings, which was started in 2003 and is based in Austin, Texas, registered $120 million in revenue for the 12-month period that concluded on March 31.

Austin 164

Austin Texas Online Management 164

PYMNTS

AUGUST 10, 2016

Supermarket chains dominated a list of hottest retailers in 2015, according to information released by the National Retail Federation’s (NRF) STORES magazine. The NRF released its annual list of Hot 100 Retailers on Aug. domestic sales with sales of at least $300 million based on figures compiled by Kantar Retail.

Retail 100

Retail North Carolina Branding Washington 100

PYMNTS

NOVEMBER 2, 2018

Digitally native brands often test the retail waters with pop-up shops, and, after some offline success, they may expand their concepts with permanent locations. In preparation for the holiday season this year, the retailer has updated its website and also plans to have a larger array of electronics, toys and fashion products.

New York 116

New York Los Angeles Retail New York City 116

PYMNTS

FEBRUARY 7, 2018

H-E-B is not only the neighborhood grocery store for many communities in Texas: It’s also an eCommerce retailer with digital features to better reach its customers. Now, even if you move outside of Texas, you’ll still have a ‘neighborhood H-E-B’ just a click away.”. Hannaford, for example, has My Hannaford Rewards.

Texas 116

Texas San Antonio Oklahoma City Oklahoma 116

PYMNTS

JUNE 5, 2020

JCPenney has identified the first round of 154 retail location closures, after an assessment of its store footprint and evaluation of “future strategic fit” as well as performance. The retailer said closing sales will commence at 154 stores following a court order entered at a U.S.

Retail 131

Retail Texas Resources Strategy 131

PYMNTS

OCTOBER 28, 2019

American businesses had more tax minimizing options prior to the ruling, as retailers selling all across the country were taxed on their physical presences. consumers online are typically exempt from federal taxes, but they must comply with localities’ new sales and use tax laws.

Taxes 105

Taxes South Dakota Retail Arizona 105

PYMNTS

JULY 19, 2019

To look into debt restructuring options that would provide the retailer more time to make a turnaround, JCPenney Co Inc has reportedly hired advisers. The retailer is said to be looking into options encompassing negotiating with creditors or raising more cash. The retailer operates over 860 stores and has 95,000 workers.

Puerto Rico 129

Puerto Rico Retail Texas Report 129