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 22 had online sales reaching $171.6 percent and 5.2

Retail 184

Retail US Data Analytics 184

PYMNTS

JUNE 23, 2020

Some of the largest online and brick-and-mortar retailers in the United States have spent more than $7 billion for everything from Plexiglas partitions and face masks to extra pay since the coronavirus crisis hit in March. Testing alone will cost the company $300 billion in the second quarter, and $1 billion during 2020.

Retail 141

Retail US United States Online 141

PYMNTS

OCTOBER 24, 2019

A new survey has found that the biggest obstacles hindering online retailers from doing business abroad is fraud prevention, and currency and payment processing. and more than half of online shoppers have already purchased goods outside their country. However, the survey reported that less than half of U.S.

Survey 101

Survey Fraud Retail Online 101

PYMNTS

JANUARY 11, 2021

retail jewelry industry. 2020 was a big year for B2B eCommerce in general as sellers connected with customers and buyers used the tech for sourcing and procuring goods the way they would for regular retail shopping. On Friday, Goldiam's stocks were trading in the green, an India Infoline report said.

Retail 197

Retail US User Experience Innovation 197

PYMNTS

APRIL 19, 2018

By 2022 online retail sales will go beyond $712 billion. According to news from Retail Dive , the study, released this week by Forrester Research, shows that 98 percent of American adults already go online at least once a day. retail market will be driven through digital touchpoints by the end of the year.

Retail 105

Retail Online US Study 105

PYMNTS

OCTOBER 3, 2017

billion financing infusion from a group of lenders led by JPMorgan Chase, toy and game retailer Toys R Us is announcing new steps in its post-bankruptcy restructuring. In recent retail news, Chain Store Age reported Monday (Oct. One week after reporting a $3.1

US 116

US Online New York Retail 116

PYMNTS

SEPTEMBER 17, 2020

“Our eCommerce capabilities have been a top priority and an area of growth for us since well before COVID, and the pandemic has only accelerated that focus and growth,” Petco Chief Digital and Innovation Officer Darren MacDonald tells PYMNTS. The exact scale of that shift is hard to quantify and MacDonald did not give specific numbers.

Online 238

Online Retail US Industry 238

PYMNTS

JANUARY 23, 2019

this year as the leading retail market around the world. According to eMarketer’s worldwide retail and eCommerce forecast, in 2019 China’s total retail sales are forecast to increase 7.5 That compares to retail sales in the U.S. That means China’s retail sales are expected to surpass the U.S. percent of retail.

Retail 181

Retail Marketing US Online 181

PYMNTS

DECEMBER 11, 2018

Retailers are doubling down on toys amid a gap in the market left by the bankruptcy of Toys R Us. toy retailer Hamleys , for instance, is eyeing a potential New York City location for a flagship store. The atmosphere comes as brick-and-mortar retailers have to differentiate themselves from their eCommerce counterparts.

Retail 166

Retail US New York City Los Angeles 166

PYMNTS

MAY 8, 2017

The UK’s top retailers are facing tough competition online from U.S.-based s top 10 retail companies as ranked by unique visitors to their desktop brand sites. apparel retailer Next and grocery chain operator J Sainsbury (Sainsbury’s) from the top 10 list. The additions displaced U.K.

Retail 116

Retail Online US Apple 116

PYMNTS

JANUARY 17, 2020

Commerce Department, retail sales were up for the third consecutive month as of December of last year, and buying was broad-based across several categories – with the exception of autos. In terms of headline numbers, retail sales overall were up 30 basis points. Looking beyond the sequential showings, December retail sales were up 5.8

Retail 132

Retail US Examples Online 132

PYMNTS

JUNE 23, 2020

The COVID-19 pandemic has been a “great accelerator” in driving Kohl’s to embrace eCommerce and make other changes in its operations faster than planned, the retail giant’s Chief Executive Michelle Gass said on Monday (June 22). trough in early April.

Retail 179

Retail Online Report US 179

PYMNTS

JULY 8, 2020

Mastercard has introduced new tools designed to help small businesses drive online commerce, the company announced Wednesday (June 8). The site includes retailers from boutiques to restaurants and identifies merchants that accept contactless payments. and Canada. The project is being rolled out first in the U.S.,

Tools 149

Tools Online US Atlanta 149

PYMNTS

SEPTEMBER 19, 2018

ALDI has announced that it is expanding its online grocery delivery service to all of its stores in the United States. According to Chain Store Age , the German supermarket company will use its partnership with Instacart to roll out the service to 75 major markets, including San Diego, New York City, Miami, Raleigh and Minneapolis.

San Diego 173

San Diego Online Los Angeles US 173

PYMNTS

MARCH 2, 2020

s most high-profile retailers is doing well in the U.S. and another one is ready to open, both of them seeking a new market as their home turf sees retail struggles. s fastest growing brick-and-mortar retailer, Wren Kitchens. And also in training our retail staff to offer the customer a fantastic service.”. expat effort.

Retail 132

Retail Marketing US Connecticut 132

PYMNTS

OCTOBER 17, 2017

The business advisory firm FTI Consulting has forecasted that online retail sales in the United States will top $1 trillion by 2027 , CNBC reports. The firm expects eCommerce to grow from the current figure, $445 billion, as consumers continue to move away from traditional retailers.

Retail 114

Retail Online United States US 114

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. which is based in Georgia.

Retail 207

Retail Georgia Tools Conference 207

PYMNTS

JANUARY 3, 2021

A surge in eCommerce returns driven by COVID-19-related policy changes is hurting retailers but helping logistics companies, the Financial Times reports. If retailers can't restock the item, they lose whatever they paid for it. As undesirable as accepting returns is, retailers are trapped, the Financial Times noted.

US 271

US Retail Policies Online 271

PYMNTS

NOVEMBER 9, 2020

For most of us, a stroll down the chilled or frozen food aisle in the supermarket is essentially an in-store version of window shopping. From a business standpoint, we believe that things like sales lift are obviously a really important metric,” Dravenstott said, “and you don't hear that much in brick and mortar retail.

Retail 277

Retail Innovation Video Chicago 277

PYMNTS

DECEMBER 28, 2020

Sage , which works in cloud business management, is working with digital operations platform Brightpearl on helping retailers utilize the cloud for their operations, a press release says. Digitising back office operations is a critical step towards transitioning to online commerce," Perkins added.

Retail 177

Retail Operations Customer Experience Online 177

PYMNTS

JUNE 17, 2020

The dramatic consumer shift to Digital 3.0 — predicted months ago by the PYMNTS COVID-19 tracker work — is accounting for almost half of the retail growth in the US. It found that eCommerce growth as of May 1 was up 68 percent, surpassing 40 percent of total retail sales. Overall Chinese retail sales of consumer goods dropped 2.8

Retail 231

Retail Online Course Report 231

PYMNTS

DECEMBER 13, 2019

As Americans reduced their discretionary spending, retail sales in the United States rose by a level that was lower than expected in November. The Commerce Department said retail sales increased 0.2 percent last month, and data from October was revised to indicate that retail sales rose 0.4 percent in lieu of climbing 0.3

Retail 131

Retail US United States Survey 131

Bank Innovation

MARCH 2, 2020

Robinhood Markets Inc.’s s brokerage website experienced technical issues Monday with some customers unable to make trades on a day when the market was rebounding from last week’s rout. A system-wide failure began as the U.S. markets opened and continued through midday. At 11:18 a.m.

Online 273

Online US New York System 273

PYMNTS

JANUARY 16, 2020

With a late shopping rush around the holidays that ended a more moderate spending year, retail sales in the United States strengthened in December. Retail sales rose 0.5 The retail “control group” sales rose 0.5 Retail sales rose 3.6 The Commerce Department said retail sales increased 0.2 percent and rose 5.8

Retail 131

Retail United States US Maine 131

PYMNTS

MARCH 11, 2019

With a rise in discretionary spending and building materials purchasing, retail sales in the U.S. At the same time, however, it was noted that retail sales fell by 1.6 During the month, mail-order and online retail sales notched their largest gain as of December 2017 at 2.6 increased by 0.2 percent in January.

Retail 116

Retail US Survey Report 116

PYMNTS

FEBRUARY 12, 2019

Even with the liquidation of Toys R Us operations in the U.S., consumers can engage with Toys ‘R’ Us and Babies ‘R’ Us again this holiday season.” consumers can engage with Toys ‘R’ Us and Babies ‘R’ Us again this holiday season.” Australia and the U.K., ahead of Christmas, Bloomberg reported. Tru Kids Inc.

US 104

US Retail Regional Branding 104

PYMNTS

JANUARY 6, 2019

Despite a record-breaking holiday season for retailers in 2018, the strength of the industry’s recovery is being called into question as data emerges that shows declining traffic in stores and a slowdown in the rental growth at malls. For the last quarter of 2018, The Financial Times reported the price of rent increased 0.8

Retail 123

Retail US Apple Data 123

PYMNTS

JUNE 11, 2019

“Businesses of all types are already using Stripe Terminal to build their in-person payment experiences. Online-first retailers like Warby Parker are using Terminal to build a fully customized in-person checkout,” the company said.

Online 131

Online US Payments United States 131

PYMNTS

NOVEMBER 16, 2020

Some retailers are just excellent about telling stories about themselves and about the products that they're selling,” Taylor told PYMNTS. If brands want to get online, and you want to have something that looks bespoke, that’s typically going to mean paying a developer or paying an agency quite a bit of money.

Retail 226

Retail Regional Branding Tools 226

PYMNTS

JANUARY 14, 2021

Retailers made all sorts of quick pivots to their eCommerce sites as the pandemic unfolded, but in-store legacy technology proved to be an obstacle for many of them. We’ve lived through COVID with them … and our new platform is something that allows us to expand that end-to-end strategy.”. Unveiled Wednesday (Jan. Enter Elera.

System 189

System Retail US Data 189

PYMNTS

JANUARY 24, 2021

retail presence in recent decades, is reversing course and closing all its North American brick-and-mortar locations, according to numerous online news sources citing a company statement. Godiva, the maker of high-end chocolates that significantly expanded its U.S.

Puerto Rico 287

Puerto Rico US New Jersey United States 287

PYMNTS

MARCH 18, 2019

Weaker-than-expected holiday spending has led to concerns that it’s the start of a retail slowdown, leading Wall Street to slash profit estimates. retailers saw their estimates reduced during the past three months, with estimates only increasing for 16. In December retail sales dipped 1.6

Retail 108

Retail US Branding Report 108

PYMNTS

APRIL 15, 2020

After hitting a skid from the beginning to the middle of the COVID-19 crisis, online fashion sales have caught fire. That report (measured before the majority of states locked down non-essential retail) showed that 56.9 That business did not transfer online, according to the PYMNTS data. Fast forward two weeks.

Online 141

Online Retail Survey Comparison 141

PYMNTS

JANUARY 21, 2021

Plenty of famous retail chains have collapsed both before and during a pandemic that has slammed brick-and-mortar stores, but some iconic names like Pier 1 , Barneys New York and others are coming back – at least in some fashion. Other well-known brands have died in the physical world, but reopened under new owners as online-only storefronts.

Retail 246

Retail Los Angeles New York Branding 246

PYMNTS

DECEMBER 14, 2020

Although the installment concept is hardly new, Afterpay’s platform and growing catalog of retailers has brought fame and fortune to the company and its founders. There aren’t many online payment providers that have successfully gone offline. Among them is 30-year-old Co-Founder and U.S. Preference For Debit. million U.S. million U.S.

US 322

US Retail Cards Millennials 322

PYMNTS

JUNE 25, 2020

Or maybe they’re both as several types and sizes of retailers step up to sell non-medical face masks. The retail face mask efforts range from small to big companies. This is a long-term play for us. They’re either the fashion accessory of the moment or a life-saving piece of safety equipment.

Retail 257

Retail Guidelines Millennials Branding 257

PYMNTS

NOVEMBER 24, 2020

It became the first brick-and-mortar retailer to earn the majority of its revenue from eCommerce as 54 percent of its third-quarter take came from digital channels. “We But we also know that we must translate the heritage of service that defines us more effectively in this digitally connected world.

Retail 221

Retail US Online Taxes 221