PYMNTS

JUNE 8, 2020

With the pandemic putting its business into a state of disorder, Lane Bryant and Ann Taylor owner Ascena Retail Group is reportedly in talks with lenders about a possible bankruptcy filing. Most of the roughly 2,800 retail locations of Ascena are still shuttered. The retailer foresees closing approximately 230 of 687 stores.

Groups 179

Groups Retail Dallas United States 179

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

SEPTEMBER 17, 2020

To enable customers to shop from the complete selection of multiple mall offerings and retrieve their purchases from one place, European mall operator Citycon is creating a buy-online-pick-up-in-store (BOPIS) service. Citycon runs 40 shopping centers throughout Estonia and the Nordic nations, Bloomberg reported.

Operations 159

Operations Philadelphia United States Online 159

Perficient

MAY 25, 2023

The approval allows Promethium to custody digital asset securities on behalf of both retail and institutional clients. Secondly, as a qualified custodian, which is what the SPBD classification offers, subjects Promethium to provisions of the landmark United States Exchange Act of 1934. The significance of this is two-fold.

cryptocurrency 251

cryptocurrency United States Retail Security 251

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 19, 2019

Iconic brick-and-mortar retailers are sometimes reinvented, and return to the world of retail with smaller-format concepts. The parent of the Toys R Us brand, Tru Kids , plans to bring stores under the legendary name to the United States for the 2019 holiday season. In Other Brick-and-Mortar News.

Retail 150

Retail US New York United States 150

PYMNTS

MARCH 27, 2020

While the advancement of open banking regulations may be seeing a small skip due to the spread of the coronavirus , many countries saw business and typical banking operations halted right after deciding upon new online privacy rules. European Union and other regions currently fighting the pande mic. To find out more about how U.S.

Data 199

Data Retail US California 199

PYMNTS

MARCH 12, 2020

Quick: Who’s the biggest retailer in the U.S.? In terms of sheer size and locations, the United States Postal Service (USPS) is the biggest retailer in the country, with 31,000 locations covering pretty much every town. Now, a new report is asking a good question: What if the post office expanded its retail offerings?

Retail 169

Retail US Survey Examples 169

PYMNTS

AUGUST 5, 2020

Agrawal said the company’s digital operations have grown not just in terms of dollar amounts, but also in terms of how many new customers the pandemic has brought in. Agrawal told PYMNTS that WU also saw its brick-and-mortar retail business begin to sharply recover in June and July as offices reopen worldwide. million ($1.43

United States 337

United States National Retail US 337

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

MAY 29, 2019

It’s not often that one gets to see a new form of retail emerge, but that’s what’s happening with, of all things, legal recreational cannabis. So far, this retail is taking a form that is big, feminine and even a bit luxurious. The retailer said it is launching The High End, a luxury cannabis lifestyle and wellness concept shop.

Retail 186

Retail Las Vegas Leadership Industry 186

PYMNTS

MARCH 1, 2019

It’s not a fantasy, but a reality for a growing number of drivers in the United States. The general experience can apply to retail goods, including groceries. Retail Benefits. However, retail can benefit in ways that Amazon , one of the global masters of logistics, cannot exactly match — at least, in theory.

Retail 182

Retail Technology United States California 182

PYMNTS

MAY 8, 2020

As they navigate the coronavirus pandemic and begin to reopen stores, large retailers are putting safety measures into place to keep shoppers and staff members safe — and get customers confidently back into stores. Trade groups are also providing guidance to help retailers open their doors again.

Retail 173

Retail National United States Groups 173

PYMNTS

NOVEMBER 5, 2018

Those promise to stand as two main traits of the 2018 holiday shopping season , and retailers that gain an edge and increase revenue during the all-important fourth quarter will likely have exploited such tactics during this period, at least according to new data that strives to paint a detailed picture of U.S. percent, reaching $124.1

Retail 179

Retail United States Millennials Online 179

Perficient

JULY 9, 2020

When the user selects a place from the list, the information is retrieved by Insite Commerce project, and the shopper saves time without filling in the traditional inputs like street number, street name, city, state, zip, etc.

Google 510

Google User Experience CA United States 510

Perficient

FEBRUARY 2, 2023

All of Instagram’s shopping features allow users to add items from multiple vendors into an Instagram-operated cart. Shoppable posts are photo posts of merchandise that have hyperlinks to their respective product pages. According to Instagram , 130 million user accounts tap on shopping posts to learn more about products every month.

Industry 471

Industry Trends social media Payments 471

PYMNTS

AUGUST 13, 2020

Off-price specialty retailer Stein Mart, Inc. filed for Chapter 11 bankruptcy in the United States Bankruptcy Court for the Middle District of Florida, Jacksonville Division amid a challenging retail climate and the pandemic, the company said in a statement. In July, Ascena Retail Group, Inc.

Retail 146

Retail Jacksonville Virginia United States 146

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 14, 2021

In today’s top retail news, Ethan Allen Interiors anticipates reporting retail segment written orders growth of 44.9 Plus, a new Toshiba Global Commerce Solutions offering provides retailers with “Amazon Go at scale.”. Plus, a new Toshiba Global Commerce Solutions offering provides retailers with “Amazon Go at scale.”.

Retail 142

Retail New Jersey Minnesota United States 142

PYMNTS

JANUARY 8, 2021

In today’s top retail news, CarLotz, Inc. Plus, Family Video said this week that its closing all of its physical retail locations. the warehouse club company, reported as part of its Q1 fiscal 2021 operating results that net merchandise sales rose by 7.7 Family Video opened its first retail location in the late 1970s.

Retail 160

Retail Video Arkansas United States 160

PYMNTS

JANUARY 21, 2020

Furniture is helping to build a larger retail ecosystem, with the value proposition of Oliver Space centered around providing furnishings, along with design help, to consumers who are moving. 14: Approximate number of hours that Oliver Space has operated a live chat service. All this, Today in Data.

Retail 130

Retail Innovation United States Data 130

PYMNTS

JUNE 15, 2020

Men’s Wearhouse owner Tailored Brands might be the next significant retail company in the United States to make a bankruptcy filing as the COVID-19 crisis unfolds. Bank — included the potential for bankruptcy, or even the closing of operations, in a recent filing, CNN reported. Tailored Brands has approximately 1,400 U.S.

Branding 212

Branding United States Retail Operations 212

PYMNTS

SEPTEMBER 17, 2020

Those eCommerce companies are, he said, boosting volumes from Asia into the United States. And that means shipping and freight companies are boosting investments in warehousing and trucking operations to increase presence in “inland” logistics, helping these firms effectively become end-to-end delivery systems.

United States 320

United States Operations Course National 320

PYMNTS

JUNE 15, 2020

The largest brick-and-mortar retailer in the United States is replacing its traditional, cashier-staffed checkouts with self-checkout registers at its store in Fayetteville, Ark., Whether cashiers go the way of the horse and buggy could hinge on an experiment Walmart is running in Arkansas. according to local news reports.

Arkansas 280

Arkansas United States Online Regional 280

PYMNTS

OCTOBER 14, 2020

In today’s top news, purchases via voice assistant are up 10 percent year-over-year, and Afterpay is now available in-store nationwide with major retailers. Afterpay Goes In-Store Nationwide With Major Retailers. 13) unveiled its iPhone 12, which as was widely expected, operates on high-speed 5G networks. on Tuesday (Oct.

Retail 173

Retail Charlotte Apple Payments 173

PYMNTS

AUGUST 26, 2019

Pretty much everyone needs medicine at one or another, and that need is helping to drive retail innovation and attempts at disruption in the pharmacy business. Those moves come amid more pressure on brick-and-mortar pharmacy operations. But innovation efforts continue for retail pharmacy operations. Delivery Push.

Retail 136

Retail Innovation United States ATM 136

PYMNTS

SEPTEMBER 30, 2020

Dramatic shifts are underway in the retail sector as it adjusts to consumers’ increasingly digital preferences. Merchants are optimizing their eCommerce operations, but this is posing challenges for some, including luxury merchants. This is partly due to the growing participation of luxury retailers that have signed onto the platform.

Payments 279

Payments Millennials Retail Trends 279

PYMNTS

NOVEMBER 16, 2020

16), the retailer announced in a press release emailed to PYMNTS. The purchase process will involve scanning QR codes on mobile devices, CVS stated in the release. Customers at 8,200 CVS Pharmacy locations can use PayPal and Venmo to pay for purchases contact-free starting Monday (Nov. The partnership.

Payments 264

Payments United States Retail Resources 264

PYMNTS

JANUARY 14, 2021

anticipates reporting retail segment written orders growth of 44.9 million in cash provided by operating activities. million in cash provided by operating activities. “We The firm runs retail design centers in the U.S. Ethan Allen Interiors Inc. percent over the prior year for its Q2, which concluded Dec.

Retail 144

Retail United States Report Branding 144

PYMNTS

SEPTEMBER 30, 2020

Amazon is expanding its operations in Singapore as it grapples with growing competition in a city that is fast becoming a hub for Chinese tech giants and others looking to expand across Asia. The world’s largest retailer is also on a hiring binge in Singapore.

Denver 243

Denver Dallas United States New York 243

PYMNTS

OCTOBER 15, 2020

Tiffany added that operating earnings “increased approximately 25 percent from the comparable 2019 period," and that "globally, eCommerce sales continued to show strong growth, nearly doubling in the two-month period from the comparable period in 2019 and representing 13 percent of total net sales year to date through Sept. Tiffany & Co.

Operations 131

Operations United States Comparison Trends 131

PYMNTS

SEPTEMBER 29, 2020

They’re not equipped to manage the operational risks associated with these smaller businesses,” Shoihet told PYMNTS, especially when it comes to extending short duration credit lines, debt products or factoring. Ideally, we’d want to be a financing partner for every buyer relationship that they have in the United States,” Shoihet said.

United States 286

United States Regional America Trends 286

PYMNTS

JANUARY 24, 2020

But no matter the case, music is a big part of the retail world, and is helping to create new harmonies of innovation and disruption. Although Apple will operate the playlist, a fairly young label called UnitedMasters , founded in 2017, will provide much of the music. Others don’t. New Partnerships and Services.

Retail 151

Retail Innovation Apple San Jose 151

PYMNTS

SEPTEMBER 17, 2020

In today’s top news in payments around the world, Delivery Hero said it has acquired Glovo’s Latin America operations, and Telefónica is teaming with Rakuten for the development of an OpenRAN (radio access network). The retailer, which is largely owned by Walmart, Inc., Delivery Hero Acquires Glovo's LATAM Business.

Operations 154

Operations Payments United States Groups 154

PYMNTS

OCTOBER 28, 2020

Businesses across the United States likely knew they would be in for a long, uphill battle to stay afloat when they first began closing their doors in mid-March, but did not know just how long they would be dealing with the fallout from the COVID-19 crisis. Omicron Media On How Payments Orchestration Can Boost Operational Efficiency.

Payments 257

Payments Report Operations United States 257

PYMNTS

JANUARY 10, 2020

Coffee retailers are tapping into digital technology that helps them grow their reach beyond their stores, especially in China, where competition has been brewing between Chinese coffee chain Luckin Coffee and Starbucks. For its part, Luckin has 4,507 self-operated stores as of the close of last year. In Other Brick-And-Mortar News.

Retail 131

Retail Detroit Michigan Branding 131

PYMNTS

MAY 11, 2020

Retailers are opening their doors again during the pandemic to customers who have appointments. Some states have let businesses reopen while traversing new guidelines meant to weigh the rejuvenation of the economy with the potential risk of making the health crisis more acute. Call it the end of the walk-ins. At least for now.

Retail 151

Retail social media Guidelines Colorado 151