PYMNTS

APRIL 16, 2020

Retail sales in the United States fell by almost 9 percent in March alone, and PYMNTS research suggests that the average SMB expects to run out of cash two months before the pandemic ends — even with government assistance. It may not be enough, though.

Maine 228

Maine Retail United States Industry 228

PYMNTS

NOVEMBER 18, 2020

A rebound in retail sales in the United States has resulted in a quicker than expected resurgence in shipping demand, with Maersk now expecting EBITDA to weigh in between $8 billion and $8.5 Shipping giant Maersk is predicting a better 2021 in a move that bodes well for the battered but now recovering global economy.

Retail 215

Retail US United States Online 215

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

DECEMBER 24, 2019

21, the last Saturday shopping day before Christmas 2019, has been confirmed as the single biggest retail sales day in U.S. According to retail research firm Customer Growth Partners, consumers on Super Saturday spent a total of $34.4 More customers are shopping online, as well, as retailers offer improved web platforms. (58

Retail 186

Retail social media United States Millennials 186

PYMNTS

SEPTEMBER 15, 2020

To reshape the digital checkout experience for retailers and shoppers, Visa Canada has unveiled the extension of Click to Pay to Canada. Visa is moving Visa Checkout merchants in Canada to Click to Pay after a successful launch in the United States. 21 in the United States. 15) announcement.

United States 291

United States Security Retail Cards 291

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

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. Interior Define is one such company that exemplifies these trends, as highlighted in our case study.

Retail 216

Retail Report Case Study Study 216

PYMNTS

DECEMBER 30, 2020

Department stores are struggling in a digital-first economy, while forward-thinking retailers are looking at the returns process as an opportunity to create a positive customer experience. 97% : Share of consumers who will buy from a retailer again after having a positive returns experience. All this, Today in Data.

United States 261

United States Customer Experience Retail Data 261

PYMNTS

JANUARY 15, 2021

The use of QR codes is growing more popular in the United States, enabling consumers to instantly access information and easily pay on their smartphones without going through a URL entry. Some countries are catalyzing this growth through national mandates rather than leaving retailers to their own devices. Retail Environment.

Retail 207

Retail Security Payments United States 207

PYMNTS

MARCH 27, 2020

In the latest Merchants Guide to Navigating Global Payments Regulations , PYMNTS examines the latest data privacy and online banking regulations taking shape in the United States. The Tracker also looks at how COVID-19, the disease caused by the coronavirus, may impact the development of these rules in both the U.S.,

Data 199

Data Retail US California 199

PYMNTS

JULY 6, 2020

In the past two weeks, shopping levels have fallen again as coronavirus cases surge in the United States, CNBC reported. Up until then, retail levels were improving somewhat since the all-time low in April while the country was on lockdown. Eleven of those states have a requirement that people wear masks in public.

Rhode Island 169

Rhode Island Retail South Carolina Mississippi 169

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

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

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. All told, though, even with the positive reading last month, in China year to date, retail sales are down 8.6 percent of the total sales of retail goods.

Retail 171

Retail Lending United States Course 171

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

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

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

AUGUST 13, 2020

The world’s largest retailer has managed this feat even as the volume of packages ordered and shipped through Amazon has exploded amid the pandemic, with volume up 46 percent in July compared to the same period last year. billion packages having been delivered around the world.

United States 287

United States Retail Online Management 287

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

Bank Innovation

MARCH 19, 2018

EXCLUSIVE— Most consumers in the United States stubbornly cling to their plastic payments, even as customers in other countries — see China — increasingly embrace at a steady rate mobile and other digital forms of payment. This could be due to the fact that, as many in fintech have stated, the card infrastructure in the.Read More.

Mobile 275

Mobile United States Payments Cards 275

PYMNTS

SEPTEMBER 23, 2020

23) announcement that the card is now available in France, Austria, Italy, Ireland and Spain beyond its current availability in the United Kingdom, Germany and the United States. The companies said in a Wednesday (Sept. Small businesses can have immediate access to their PayPal funds and unlimited 0.5 In the U.S.,

Cards 363

Cards United States ATM Retail 363

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

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 has 116 locations in the United States, according to the company’s website. They are in 31 states and Puerto Rico.

Puerto Rico 287

Puerto Rico US New Jersey United States 287

PYMNTS

JULY 22, 2020

The firm said the acceleration was mainly fueled by quicker growth in the United States, Brazil, Western Europe and a good share of APAC, according to the Monday (July 20) report. “At

United States 260

United States Retail Maine Online 260

PYMNTS

APRIL 9, 2020

It seems like a year ago, but it was actually only March 8 when discount retailer Burlington announced that it was abandoning its admittedly watered-down eCommerce offering. On one hand, the best way to get people in stores and avoid the fate of other brick-and-mortar retailers was to make online sales the only option.

Retail 164

Retail United States Exercises Online 164

PYMNTS

SEPTEMBER 30, 2020

Dramatic shifts are underway in the retail sector as it adjusts to consumers’ increasingly digital preferences. These retailers are accustomed to engaging with their customers in brick-and-mortar stores and building long-lasting relationships that lead to brand loyalty. OAK + FORT On Navigating Changing Consumer Behaviors With BNPL.

Payments 279

Payments Millennials Retail Trends 279

Bank Innovation

MARCH 27, 2020

In a week that saw the coronavirus pandemic amplify in the United States, the fintech sector continued to weather economic dislocation and uncertainty. But even amid this uncertainty, fintech companies began formulating strategies to help banking and consumers emerge from the crisis with better tools and solutions.

Fintech 259

Fintech United States Tools Strategy 259

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. Morgan reports third-quarter results that show a strong consumer base. Netflix And The Art Of The Shrinking Free Trial.

Retail 173

Retail Charlotte Apple Payments 173

PYMNTS

OCTOBER 13, 2020

Thirty-seven percent more consumers in the United States are working their full-time jobs from home than in 2019, whereas 27 percent more are performing gig jobs remotely. consumers are now doing their routine grocery shopping during the week as well as 153 million (51 percent) doing their retail shopping.

Data 261

Data United States Study Retail 261

Perficient

FEBRUARY 2, 2023

In the beginning, the majority of BNPL purchases occurred between retailers and end customers in the apparel and cosmetics spaces, but there has been a shift toward using BNPL for bigger ticket items, in both business-to-consumer and business-to-business landscapes. million this year and 94.4 million in 2024.

Industry 471

Industry Trends social media Payments 471

PYMNTS

OCTOBER 12, 2020

In a time of increasing change for retailers and consumers, the current global climate has begun accelerating the future of retail trends at a much quicker pace than previously envisioned. Lastly, Mao said Blackhawk is seeing that consumer interaction with retail apps is consistently rising. Capturing the New Customer.

How To 317

How To Retail Survey Mobile 317

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 company owns and operates membership shopping warehouses in Latin America, as well as the Caribbean, that are in the style of those in the United States. reported a 7.7

Retail 160

Retail Video Arkansas United States 160

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

SEPTEMBER 11, 2019

The interviews reportedly indicate that the organization is in the midst of the beginning stages of a probe to determine how the eCommerce retailer works, identify markets the company dominates and find practices that go against the law. “They’re spending lots of time with witnesses and trying to really understand what they’re saying.”.

Marketing 248

Marketing United States Regulation Retail 248

PYMNTS

DECEMBER 23, 2020

With the United States Postal Service (USPS) basically throwing in the towel on timely deliveries, the final day of the holidays looks bleak. While Amazon has performed better for its own goods than other retailers, its independent sellers are also stressed about the delays.

Retail 168

Retail Detroit Seattle United States 168

PYMNTS

SEPTEMBER 30, 2020

The online retail giant is scooping up 90,000 additional square feet of office space in the middle of Singapore’s financial district at the Asia Square Tower 1, Bloomberg reports , citing people familiar with Amazon’s real estate plans. The world’s largest retailer is also on a hiring binge in Singapore.

Denver 243

Denver Dallas United States New York 243

Bank Innovation

MARCH 7, 2018

In 2017, in the United States, overall VC funding -- a barometer of startup activity and appeal.Read More. At this time last year, fintech was in a downturn. Fintech venture funding was down more than 9% year-over-year; valuations seemed stuck. But the fintech market has rebounded.

San Francisco 236

San Francisco Fintech United States Marketing 236