PYMNTS

OCTOBER 23, 2020

Despite the fact that many retailers are creating their own versions of Black Friday, the traditional one that happens the day after Thanksgiving will still occur as a retail event. That’s the take from Edited , a retail tracking platform that advises brands on pricing and merchandising strategies.

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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

JUNE 24, 2020

The retailer, along with Harbin Pharmaceutical Group Holding Co., Additionally, the retailer has secured roughly $130 million in further liquidity. This process will enable GNC to accelerate these strategies, including its store portfolio optimization,” the company said. At that time, improved bids can be brought forward.

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Retail Strategy Branding Security 186

South State Correspondent

OCTOBER 9, 2024

These silos frequently prevent executing a single strategy, hinder communication, and interfere with collaboration. As a result, banks often struggle with culture, the customer experience, and, most importantly – strategy. There is an easy fix, and it starts with having cross-functional teams in charge of enterprise strategy.

Strategy 195

Strategy Resources Customer Experience Groups 195

Perficient

FEBRUARY 24, 2021

In a world where retail has changed and consumers remain at home, how do brands reimagine the task of getting products to customers? In 2016, Jon joined fan and light maker Big Ass Fans as its first chief operating officer. Kim Williams-Czopek is a Director of Digital Strategy at Perficient. In Episode 4 of the What If?

Branding 441

Branding Case Study Digital Strategies Strategy 441

PYMNTS

NOVEMBER 9, 2020

Now there are signals that a physical retail rebound is forming up. presidential election in the rearview mirror and 2021 right around the corner, a new shift is underway: the slow but certain move back to shopping inside retail stores — an experience that people still crave for the experiential joy it brings. With the U.S.

Retail 261

Retail Millennials Online Tools 261

PYMNTS

JUNE 22, 2020

PYMNTS recently spoke with Keala Gaines , eBay’s head of global payments services, to understand how the platform’s payments strategy has changed over the years as well as to understand the role payments has played in helping it grow from a small operation to serving business and consumers across 100 countries with 27 international sites. “I

Strategy 230

Strategy Payments America Examples 230

PYMNTS

JANUARY 14, 2021

The process of B2B procurement between diamond vendors and jewelry retailers is often stuck on legacy processes like phone calls, emails and paper check payments, creating the same kinds of bottlenecks and inefficiencies that plague other markets. B2B eCommerce operations, dubbed Jewel Fleet.

Industry 204

Industry Strategy Retail Trends 204

South State Correspondent

OCTOBER 16, 2024

The product generates significant fees and helps drive deposit balances, yet debit cards rarely get a mention in strategy, marketing, or customer profitability circles. To support debit card operations, a bank gets charged a myriad of transaction charges and maintenance fees from the card rails (Visa, Mastercard, Discover, etc.),

Cards 195

Cards How To Fraud ATM 195

PYMNTS

MAY 5, 2020

Retail reopening events continued to draw light foot traffic on Monday, as Florida joined Texas in allowing non-essential stores to reopen. percent of consumers shop for retail goods online more often than they did on March 6, the first day of our study, and that continues to climb — up 10.5 percent from 35.5

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Florida Retail Tampa Customer Experience 205

South State Correspondent

JULY 10, 2024

The lack of a data-driven pricing strategy is one major reason why most banks produce under their cost of capital. This article details bank pricing strategies and highlights some pricing concepts to lay the groundwork for better price optimization. The two are different.

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Comparison Strategy Marketing Analytics 195

PYMNTS

SEPTEMBER 11, 2019

Virtual reality could have more retailers reach more consumers in the coming few years — in large part by upping the consumer experience. Location-based virtual reality (VR) startup The Void is partnering with mall operator Unibail-Rodamco-Westfield (URW) to open 25 new entertainment outposts in the U.S. and Europe by 2022.

Retail 192

Retail San Diego San Francisco Branding 192

Perficient

JANUARY 11, 2021

The brands that can operate with speed and agility win in this environment. A responsive and resilient mobile product strategy is a must in these conditions. P anic is Not a Strategy, But Viewing Your Mobile App as a Mobile Product Is. Pinterest and other retailers had to reimagine the fitting room. Our Mobile IQ?

Mobile 502

Mobile Strategy US Management 502

PYMNTS

DECEMBER 17, 2020

In today’s top retail news, StockX has landed $275 million in a Series E funding round, while Rite Aid Corporation reported as part of its fiscal 2021 third quarter results that revenues rose by 12 percent. Fashion Retailer rue21 Strikes Deal To Retire Debt. Clothing retailer rue21 (r21 Holdings, Inc.) million members.

Retail 226

Retail Report Company Pennsylvania 226

Perficient

JANUARY 13, 2021

Tailoring a Specialized Marketplace Strategy. Rabbior highlights the importance of understanding each unique capability of every marketplace type, “[With a marketplace], you go from running a retail store and the branding outside it to bringing all your wares to a flea market. Would you put up the same signs? Probably not.”.

Report 495

Report Leadership Branding Strategy 495

PYMNTS

JANUARY 11, 2021

Retail and hospitality technology firm NCR Corporation is looking to acquire ATM operator Cardtronics for $39 per share, or about $1.7 11) press release. . “The 11) press release. . NCR’s $39 per share all-cash offer topped Apollo Global Management’s earlier bid for $35 per share to acquire Cardtronics, Bloomberg reported.

ATM 172

ATM Operations Houston Georgia 172

PYMNTS

SEPTEMBER 12, 2019

Delivery Unlimited is the next step in that journey,” said Tom Ward, senior vice president of Digital Operations for Walmart U.S. “By “We’ve been investing in our online grocery business by quickly expanding our Grocery Pickup and Delivery services. Combine that with the value we can provide, our customers can’t lose.”.

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Strategy Conference Online Operations 247

PYMNTS

AUGUST 24, 2020

Consumers are unlikely to return to stores and business districts in the near future, nor can businesses simply rely on longstanding relationships with suppliers and retailers to keep production lines moving and shelves stocked.

Retail 216

Retail Report Case Study Study 216

PYMNTS

JULY 16, 2019

As such, the European Banking Authority (EBA) has announced extensions for retailers that may require more time to comply. These extensions will only be granted to a select few retailers, however. For other companies, GDPR is the main concern as they move to expand operations within Europe. About the Tracker.

Strategy 188

Strategy social media Regulation Retail 188

PYMNTS

APRIL 17, 2019

The race to 5G retail is on. The new, faster mobile network technology is a big part of the plans for many commerce and payments operators, even though specific use cases have been only slowly emerging as the technology and the devices to support it are deployed. 5G Retail Plans. Even so by the latter part of 2019, the U.S.

Retail 199

Retail Apple Samsung Conference 199

PYMNTS

OCTOBER 15, 2020

Herrick expects that ReplyBuy and Airship will create a holistic ecosystem, allowing retailers to use its engagement technology to acquire customers and then use conversational commerce to retain them and grow their value. With ReplyBuy, we'll operate in two-way conversations into that experience. So is curbside pickup. Herrick agrees.

Retail 188

Retail Technology Branding Mobile 188

PYMNTS

JANUARY 8, 2021

What's more, as Eiriz noted, many small businesses embraced the business model pivot to survive, from brick-and-mortar retailers migrating to eCommerce platforms, to restaurants shifting to food trucks.

Strategy 231

Strategy Community Maine Lending 231

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

OCTOBER 19, 2020

billion for a controlling stake in the hypermarket operator Sun Art Retail Group , Alibaba said in a statement on Monday (Oct. billion — in Auchan’s A-RT Retail. In a quest to dominate online food shopping in China, Alibaba invested $3.6 As part of the deal, Alibaba will acquire a 70.94% equity interest — worth about $3.6

Online 231

Online Retail Groups Operations 231

PYMNTS

NOVEMBER 20, 2020

It’s hardly competing with Amazon yet, but Target has shown more digital momentum than any major retailer during the pandemic. But get into the strategies around eCommerce and things start to get very interesting between the two. It’s worth looking at how the two brick-and-mortar champions, Walmart and Target, stack up.

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Comparison Strategy Retail Minneapolis 165

PYMNTS

JANUARY 24, 2021

is close to a deal to buy ATM operator Cardtronics , fending off two other bidders, according to the Wall Street Journal on Sunday (Jan. Cardtronics boasts 285,000 ATMs in 10 countries, and is one of the biggest cash machine operators in the world, WSJ writes. billion, those with knowledge of the matter told WSJ.

ATM 293

ATM Retail Operations Software 293

Bank Innovation

MARCH 2, 2018

EXCLUSIVE – Anand Talwar, deposits and consumer strategy executive at Ally Bank has joined the speaker faculty for Bank Innovation 2018, taking place next week March 5 to 6 in San Francisco. At Ally Bank, Talwar leads the retail deposits and consumer payments business, including product management, pricing profitability, and operations.

San Francisco 220

San Francisco Innovation Strategy Retail 220

PYMNTS

NOVEMBER 23, 2020

When Miami-based Retail e-Commerce Ventures (REV) recently announced that it purchased the remains of twice-bankrupt RadioShack , it wasn’t some one-off strategy to acquire distressed assets for pennies on the dollar. It’s a plan the company describes as “transforming well-known, distressed retail brands into eCommerce success stories.”

Branding 254

Branding Retail New Jersey Miami 254

PYMNTS

JANUARY 20, 2020

New evidence of that — part of the broader trend of the existential changes in the world of brick-and-mortar retail, changes that are gaining more focus this month — comes from reports that stationery chain Papyrus is closing up shop. The chain had since expanded to some 260 or so retail locations. Total retail growth was 3.8

Retail 183

Retail Millennials Cards social media 183

Bank Innovation

NOVEMBER 25, 2019

Personal finance, banking and investment platform MoneyLion has named Samantha Roady chief operating officer as it makes moves to expand its customer base. Roady, who has been on MoneyLion’s board of directors since 2016, was previously a founding partner at GAIN Capital and president of its global retail brokerage business.

Innovation 293

Innovation Capital Retail Operations 293

Perficient

OCTOBER 20, 2020

Move Retail Stores Online. Organizations are moving from relying on physical retail stores to omnichannel options such as buy-online, pick-up-in-store (BOPIS), ship-from-store, or curbside pick-up to fulfill consumer orders. Most consumers are staying at home, meaning fewer are heading into stores and more are shopping online.

Online 484

Online Mobile Management Retail 484

Perficient

AUGUST 20, 2020

Developing an SEO Strategy. Lack of Unique Content (for Manufacturers and Retailers). Challenge #2: Developing an SEO Strategy. Knowing your priorities is a great first step, but there are many other elements to a strong SEO strategy. Topics we’ll cover include: Understanding Your SEO Priorities.

Google 452

Google Examples Trends Tools 452

PYMNTS

JANUARY 19, 2021

But reaching a broader range of consumers, accommodating their payment preferences, and satisfying regulatory and tax issues in unfamiliar territory introduces a host of new operational challenges for these companies. COVID has put pressure on brands to find solutions for their direct-to-consumer [D2C] strategy,” he said.

Branding 322

Branding Taxes Fraud Regulation 322

PYMNTS

DECEMBER 21, 2020

21) that Acima founder Aaron Allred and his team have created a leading virtual LTO solution for retailers and consumers. “We We all share a common vision to expand the virtual LTO offering across a broader set of retail partners and to meet the needs of more customers through an integrated omnichannel strategy. billion in 2020.

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Utah Retail US Taxes 263

Bank Innovation

JULY 9, 2019

. “We serve a pretty diverse population relative to most finance and fintech companies, and the majority of our customers are actually women,” said Vishwas Prabhakara, Digit’s chief operating officer. “In terms of income, […].

Strategy 199

Strategy Millennials Fintech Operations 199

PYMNTS

SEPTEMBER 30, 2020

In today’s top retail news, Spiceology aims to shake up the D2C realm, and small and medium-sized businesses (SMBs) face decisions of how — or whether — to compete with Amazon’s October Prime Day event. 13 and 14 in this year of unpredictable and unprecedented retail happenings. Spiceology Shakes Up The D2C Status Quo. Big Lots, Inc.

Retail 189

Retail social media US Marketing 189

PYMNTS

DECEMBER 30, 2020

We have created an app through which small retailers can seamlessly make payment to distributors [that] are now sending their staff for collecting payment,” said Marg ERP Chairman and Managing Director Thakur Anup Singh in a statement at the time. The company did not indicate which partners it may work with or which services it plans to add.

Strategy 175

Strategy Big Data Fintech Management 175