PYMNTS

NOVEMBER 30, 2020

retail banking operations after four decades trying to build a strong presence in the country, the Financial Times (FT) reported. FT based its report on unnamed sources, stating the bank is weighing "a complete exit from retail banking in the U.S. The situation is serious enough that exiting retail banking in the U.S.

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PYMNTS

JANUARY 26, 2021

In today’s top retail news, the U.S. L’Occitane’s US Unit Enters Bankruptcy As Part Of Lease Negotiations . L’Occitane’s US Unit Enters Bankruptcy As Part Of Lease Negotiations . NY Fed: US Consumer Optimism Surges For Long Term. From Community Hubs To In-Store Theater, Retailers Double Down In Digital At NRF.

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Accenture: Banking

MARCH 11, 2021

Key themes Purchase volume continued to show signs of recovery as all issuers reported QoQ growth in spend and some had YoY growth; Alliance Data posted the strongest QoQ growth of ~25%, likely as a result of easing retail lockdown restrictions. The post Q4 2020: US credit card issuer snapshot appeared first on Accenture Banking Blog.

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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. A big part of Afterpay’s growth stems from the fact that its super-simple service is appealing to both customers and retailers alike. Preference For Debit. million U.S.

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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.

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Retail Innovation Video Chicago 277

Payments Dive

AUGUST 19, 2024

retail names such as Crate & Barrel. The Dutch payments service provider is gaining traction in the U.S. market as it adds to its client roster, including big U.S.

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US Retail Marketing Payments 273

PYMNTS

JULY 5, 2020

The reminder is intended for banks with clients that include marijuana retailers or individuals that grow, process, or manufacture pot. a Nevada-based, publicly-traded company that owns processing centers and a 5,000-square-foot retail store in Arizona, praised FinCEN’s update. Hemp Inc.,

US 352

US Nevada Arizona Guidelines 352

Payments Dive

APRIL 17, 2018

A TSYS study reveals mobile wallet users intend to use mobile payments more at brick-and-mortar retailers. But intent and actual use could vary based on a number of factors such as a smooth experience and security concerns.

Mobile 352

Mobile US Study Retail 352

Perficient

NOVEMBER 2, 2020

Our Paid Search team earned some well-deserved recognition last week when their paid search campaigns for long-time client Lake Champlain Chocolates won Best Use of Search – Retail/Ecommerce (PPC) at the US Search Awards. The US Search Awards recognize the best in SEO, PPC, and content marketing.

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Trends US Retail Branding 508

Payments Dive

DECEMBER 6, 2022

The retail giant is serving as a technology vendor to an independent grocer reopening soon in Kansas City, Missouri.

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Kansas City Missouri Kansas US 326

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

OCTOBER 8, 2020

“The intermediate-term outlook remains quite concerning for several reasons, although we remain hopeful that the eventual availability of effective and safe vaccines will get us to a better place on a number of fronts.”. One of the factors putting a damper on near-term economic improvement is the rising numbers of COVID-19 cases in the U.S.

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US New Jersey Oregon Maryland 286

Bank Innovation

FEBRUARY 27, 2020

retail ecosystem are showing results. Afterpay’s efforts to embed itself in the U.S. The point-of-sale lender announced this week it has more U.S. customers than customers in New Zealand and in Australia, where it is headquartered. This is the first time since the company’s 2014 launch that its U.S.

Marketing 293

Marketing US Retail Customer Experience 293

PYMNTS

SEPTEMBER 3, 2020

And in many places, for the first time, our retailers are open to it. And I said, ‘well, funny enough, the puck went right to us.’”. And the answer is, “Yes, a bar code can give you a way to do that — and in a form that retailers already understand how to accept.”. They're seeing this as an opportunity to change and shift.”.

Mobile 289

Mobile Retail Apple Payments 289

Payments Dive

DECEMBER 4, 2023

expects its pay-by-bank services for bank clients will eventually lure retailers. The fintech, founded in the U.K. and now building up operations in the U.S.,

US 259

US Retail Fintech Operations 259

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.

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US Retail Policies Online 271

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.

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Puerto Rico US New Jersey United States 287

PYMNTS

DECEMBER 16, 2020

In February, Openpay signed a deal with Australian grocery retailer Woolworths to work more in the B2B space, PYMNTS reported. "We are very excited to have commenced the launch of our consumer BNPL and B2B offerings into the U.S., Openpay also operates in Australia, New Zealand and the U.K.

US 305

US Management Software Industry 305

PYMNTS

SEPTEMBER 17, 2020

Four consecutive months into positive consumer spending trends, one wonders if there might be — indeed must be — a lull, a pullback that might indicate a tougher road ahead for retailers headed into the all-important holiday spending season. Census Bureau reported that retail sales in August were up 60 basis points over July.

Retail 240

Retail Data National Trends 240

Perficient

NOVEMBER 17, 2023

Now, we will delve into the stability of retail deposits from the same bank over the same timeframe, determining whether they were resilient compared to transaction accounts. Deposit Balances Over Time Data for the publicly traded multi-state bank was sourced from US Bank Locations. Contact us today!

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Retail FDIC Risk Management Management 221

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. Stores As Social Centers.

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Community Retail Strategy National 269

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. The reason retailers find it easy to use, and the company’s unique value proposition, is that it builds and optimizes online storefronts in a no-code environment.

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Retail Regional Branding Tools 226

Payments Dive

JUNE 7, 2019

trade dispute with China is beginning to impact luxury retail due to a slowdown in spending from Chinese tourists. The trend could impact mobile transactions, as Chinese travelers have a huge preferences for using mobile platforms for shopping and payments.

Mobile 307

Mobile US Payments Trends 307

PYMNTS

MAY 12, 2020

Not the humanoids that are the stuff of science fiction that ostensibly, one day, will do our bidding (and, depending on who you read, perhaps conspire against us). told Karen Webster that retailers and other firms are going to need to consider “cleanliness as a brand value.”. Brain Corp.

Retail 247

Retail Branding Software Technology 247

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. Toys ‘R’ Us and Charming Charlie Are Back, Small Time.

Retail 246

Retail Los Angeles New York Branding 246

Payments Dive

MAY 20, 2022

Instead of collecting fees from retailers to move merchandise from their shelves, Zilch is linking with brands like Sephora and Nike to lure consumers looking to finance their purchases through installment payments.

US 243

US Branding Retail Payments 243

PYMNTS

APRIL 27, 2020

Dozens of retailers, from Dick’s Sporting Goods to Walmart , have added contactless shopping services, and it’s caught on. increased 49 percent from March 12 to April 11, compared to March 1 to March 11 after a review of internet transactions from 80 of the top 100 internet retailers. . Retailers are trying to figure it out.

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Dallas US Retail Texas 258

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

PYMNTS

AUGUST 10, 2020

Mercari’s strategy from the get-go has been mobile-first, “even though web is increasingly a big presence for us now, with people spending more time on desktop computers,” he said. Mercari has gotten big enough to merit discounts from UPS and FedEx — a big draw for small buyers and sellers.

US 278

US America Online Mobile 278

Bank Innovation

JANUARY 22, 2020

The race to create a challenger bank just got more competitive with a ready-made solution from core provider Temenos that can help brands stand up a digital bank in as few as 90 days. The Switzerland-based banking technology provider launched its digital banking software-as-a-service solution in the U.S. The toolkit will allow clients […].

Digital Banking 370

Digital Banking US Software Branding 370

PYMNTS

OCTOBER 18, 2020

16 that retail sales in September exceeded those in August 2020 and September 2019. He added that deferment policies and government stimulus checks “are having a further effect of pushing out that stress for many people.”. Even as they're paying down debt, Americans continue to spend money, data suggests. Commerce Department reported Oct.

US 258

US Policies Analytics Data 258

PYMNTS

NOVEMBER 24, 2020

But top industry experts told Karen Webster during PYMNTS’ latest “On The Agenda” panel that the hurdles for retailers are only beginning. He said the shipping infrastructure nearly buckled earlier this year, and retailers are now being highly conservative when it comes to managing deliveries. “We Stay Flexible .

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Retail Examples Payments Meeting 251

PYMNTS

DECEMBER 18, 2020

It requires moving away from the “sell the sizzle, not the steak” model of moving retail goods to one of observing the customers and modifying offerings to what the data indicates they want. But whenever the shift back to a more physically interactive world begins, it will also mark a new chapter in retail.

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US User Experience Retail Company 301

PYMNTS

AUGUST 7, 2020

In Arkansas, a project manager employed by a major retailer has pleaded guilty to bank fraud charges for filing fraudulent bank loan applications seeking more than $8 million in PPP loans. Benjamin Hayford, 32, of Centerton, Arkansas, is scheduled to be sentenced on Nov.

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Fraud Florida Georgia Cleveland 276

Bank Innovation

MARCH 25, 2020

U.S. (..)

US 259

US Conference Innovation Online 259

PYMNTS

APRIL 10, 2020

Fruit Street – a virtual one-stop-shop specializing in digital diabetes diagnosis and treatment – has partnered with vegetarian meal kit purveyor Purple Carrot to add a retail angle to its health advisory service. The rapidly evolving telehealth category has a new business model.

Retail 242

Retail Guidelines User Experience Branding 242

PYMNTS

DECEMBER 16, 2020

Amid the great digital shift , retailers and financial institutions (FIs) must walk the fine line between challenging transactions and letting the consumer journey proceed frictionless. The big question could be: ‘Could that put us over a billion in the U.S. The Scope Of The Problem. And that’s a big number,” he told the panel.

Retail 228

Retail Management Fraud Omaha 228