PYMNTS

SEPTEMBER 16, 2016

15) revealed that the eCommerce market took a small dip in sales during the third quarter. Q2 saw eCommerce sales increase by 15.8 In fact, the National Retail Foundation released its 2015 economic forecast in February with estimates of just a 3.1 Department of Commerce on Thursday (Sept.

eCommerce 71

eCommerce Retail Sales Economics 71

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JANUARY 28, 2019

Snapdeal, the Indian eCommerce company, is backing India’s new eCommerce rules that will hurt Amazon.com and Walmart, saying in a letter to the federal government that protests over the new legislation underscore just how necessary is is. Reuters , citing the letter Snapdeal penned on Jan.

eCommerce 46

eCommerce Compliance Manufacturing Forecasting 46

PYMNTS

MARCH 23, 2020

In today’s top news, state-owned financial institutions in China are offering incentives to boost consumer lending, and economists at Goldman Sachs and Morgan Stanley predict the coronavirus will be economically devastating. Beijing is looking at personal lending as a way out of the economic crisis brought on by the coronavirus.

Economics 56

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DECEMBER 17, 2019

The company posted fiscal Q3 earnings results, missing earnings expectations as a result of weak international economic demand hurting sales , and ramped up courier investment challenges in handling the rise in eCommerce deliveries this holiday season. The eCommerce giant recently cut off FedEx Ground for Prime shipments this holiday.

Forecasting 52

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PYMNTS

SEPTEMBER 16, 2016

ECommerce sales were better than expected in Q2 but dipped in the third quarter, according to Internet Retailer. Matthew Shay, president and CEO of the NRF, cited easing wage stagnation, increasing employment and consumer confidence as factors influencing eCommerce growth. Earlier projections had predicted slower growth for 2016.

eCommerce 62

eCommerce Retail Forecasting Sales 62

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NOVEMBER 30, 2020

But sales were below Adobe’s forecasts of $10.3 American consumers are forecast to spend $12.7 A formidable spike in consumer spending on retail is probable to the be primary economic driver in China as the nation bounces back from the impacts of the coronavirus. billion for the day. The service will be provided from Nov.

Sales 59

Sales Retail eCommerce Forecasting 59

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FEBRUARY 9, 2017

The National Retail Federation (NRF) released its 2017 Economic Forecast this week. As more retailers begin to shift their focus toward eCommerce efforts, the online shopping trend will likely only increase over time. percent bump. Retailers sell to consumers however they want to buy, whether it’s in-store, online or mobile.”.

Forecasting 45

Forecasting Retail Sales eCommerce 45

PYMNTS

NOVEMBER 30, 2020

A strong surge in consumer spending on retail is likely to be the main economic driver in China as the country recovers from the effects of the pandemic, the Financial Times (FT) reported. Tourism, for instance, is much further away from a full recovery than eCommerce is, FT reported. billion in orders.

eCommerce 70

eCommerce Forecasting Retail Economics 70

PYMNTS

NOVEMBER 17, 2020

billion, missing forecasts but still up for the sixth consecutive month, according to the monthly U.S. A Bloomberg survey forecasted a 0.5 Rising COVID-19 infections and new lockdowns are expected to slow economic recovery, economists have said. billion, and surpassing forecasts. eCommerce was up 23.8 percent. .

Sales 53

Sales Retail Forecasting Numbers 53

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JULY 29, 2020

In an earnings season defined by diminished expectations amid the worldwide economic shutdown, PayPal not only beat analysts’ expectations Wednesday (July 29) but enjoyed a record quarter. Rainey said PayPal is also continuing efforts “around expanding the Pay with Venmo in an eCommerce setting.”. Revenue increased year on year to $5.26

Forecasting 84

Forecasting Currencies Entertainment eCommerce 84

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APRIL 7, 2016

That group of market participants includes tech firms and payments companies and the eCommerce firms that use them. Economic fears may have quieted in the absence of daily headlines over China and its own growth question, but that question is far from answered.

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NOVEMBER 20, 2019

Online sales jumped 31 percent in the quarter, yet eCommerce didn’t weigh on profitability as it has done in past periods, Bloomberg reported. . The holiday season could be less than stellar for merchants, per Bloomberg Economics. Sales are forecasted to increase by only 3.4

Sales 43

Sales eCommerce Economics Forecasting 43

Future CFO

SEPTEMBER 8, 2022

The digital consumer population in Southeast Asia is still growing steadily and is forecast to reach 370 million by end-2022, accounting for 82% of the total population of 15-year-olds and above. This figure is projected to rise further to 402 million by 2027, accounting for 88% by the end of the forecast period.

Marketing 52

Marketing eCommerce Forecasting Accounting 52

PYMNTS

FEBRUARY 5, 2020

He forecasts real GDP growth in the U.S. million in 2019, including students, according to Tourism Economics , part of Oxford Economics. tourism dollars, most of that in 2020, Oxford Economics estimates. A drop in Chinese tourism is the “most immediate and direct link between the U.S. in 2020 instead of 2 percent. .

Transportation 53

Transportation Economics Education Forecasting 53

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DECEMBER 14, 2020

Shipping delays, which were already widely forecast to be on deck in 2021 have just become a lot more likely — as the rush to distribute the vaccine is almost certainly going to slow the rest of the ecosystem down. The trouble, Aaron Terrazas, director of economic research for trucking logistics company Convoy, told USA Today is the timing.

Forecasting 71

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NOVEMBER 16, 2018

That’s because, in the world of digital commerce, Walmart’s footsteps have grown louder over the last year as it catches up with the eCommerce giant. analysts had forecast. We have momentum in the business as we execute our plan and benefit from a favorable economic environment in the U.S.,” Earnings were $1.08

eCommerce 57

eCommerce Forecasting Sales Retail 57

PYMNTS

MARCH 30, 2020

Even eCommerce sales have slowed to a below-average pace. Another survey released this week — this one of purchasing managers from the services sector — showed a rapid global slowdown, with the main economic index for Britain tumbling to its lowest since 1998, as reported by Reuters. The results of its survey suggest that U.K.

Retail 56

Retail eCommerce Sales Budgeting 56

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AUGUST 12, 2020

It may seem incongruous that a nation as economically (and technologically) developed as Germany, would bank so literally on cash. Statista noted in forecasts adjusted to reflect the impact of the pandemic that overall revenues from eCommerce to be the equivalent of USD $87 billion, up 18 percent from the year before.

Startups 88

Startups eCommerce Forecasting Banking 88

PYMNTS

OCTOBER 9, 2019

Although eCommerce sales in India had a $3 billion gross merchandise value (GMV) during the six-day festive sale from Sept. Online sales in India were forecasted by Forrester to generate about $4.8 Disruptive regulation is not the only reason for India’s economic slowdown. billion between Sept. 25 and Oct.

eCommerce 43

eCommerce Sales Forecasting Economics 43

PYMNTS

OCTOBER 7, 2019

After the British Retail Consortium (BRC) indicated the weakest growth in eCommerce and high street spending since the survey began in the mid-90s, merchants have called for the government to secure a deal for Brexit with the European Union. The BRC pointed out that the spending slowdown was clear in eCommerce and in stores.

Sales 43

Sales eCommerce Forecasting Retail 43

PYMNTS

JANUARY 15, 2021

Faced with rising transmission of the virus, state restrictions on retailers and heightened political and economic uncertainty, consumers chose to spend on gifts that lifted the spirits of their families and friends and provided a sense of normalcy given the challenging year. billion, surpassing its forecast of sales between $755.3

Sales 52

Sales Forecasting Entertainment Retail 52

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APRIL 10, 2020

With staff shortages caused by the pandemic, however, the eCommerce firm is pausing the offering. The first round of help was forecast to reach those who had provided the Internal Revenue Service (IRS) with direct deposit information in the past. Banking APIs Give Businesses An eCommerce Push.

Healthcare 86

Healthcare Accounts Payable Invoicing eCommerce 86

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MARCH 31, 2020

COVID-19 is spurring firms that rely on consumer spending, and on lending to finance big-ticket purchases, to invent new ways to keep business flowing – with a nod to the fact that the uncertain economic impact of the virus may hurt consumers’ near-term ability to pay for those items. GM has had its “Shop.

Sales 56

Sales Forecasting Finance Manufacturing 56

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MARCH 19, 2020

The coronavirus is closing malls and leading to layoffs at restaurants while boosting laptop sales amid a move to remote work, among other economic impacts. The National Restaurant Association, for its part, forecasts that 5 million to 7 million restaurant positions will be lost over the three months to come.

Retail 52

Retail Manufacturing eCommerce Forecasting 52

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JULY 21, 2020

As earnings season starts up, the world is getting a glimpse into how the global pandemic and subsequent economic meltdown is impacting firms of all kinds. economic recovery. economic recovery. The initiative aims to offer a synthesis of social media and eCommerce experiences. ” Amazon. Alphabet/Google.

eCommerce 60

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DECEMBER 14, 2020

For example, a new scenario-based study from the USC Center for Risk and Economic Analysis of Terrorism Events (CREATE) predicts an increase in pent-up demand, as consumers are currently blocked from travel, restaurants, hotels, merchandise, fitness, sporting events and concerts during recent lockdowns.

Economics 89

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MAY 19, 2020

percent forecast and the 1.9 Even eCommerce giant Amazon had to switch its priority to shipping essential household and medical items amid delivery delays. The company’s online sales grew 74 percent, well above the 37 percent year-on-year growth logged in 2019’s first quarter. percent that Walmart reported for 2019’s fourth quarter.

Retail 88

Retail Restructuring CFO eCommerce 88

PYMNTS

DECEMBER 4, 2020

That’s because when adjusted for three fewer selling days and one less weekend, there was almost no decline at all — meaning an economically crucial rebound in U.S. Nonetheless, the improvement is a positive sign for the country’s economic recovery.”. Headline data showing a 15 percent drop in November U.S. car sales is still intact.

Sales 73

Sales Leverage eCommerce Economics 73

PYMNTS

JUNE 7, 2020

Still, IDC expects top smartphone manufacturers will maintain their market shares, driven by several strategies including high profile launches and crafting stronger eCommerce footprints. . But Europe has been hit hard by COVID-19, especially in Italy and Spain, which will cause a double digit decline in the region this year. .

Marketing 56

Marketing Manufacturing Forecasting eCommerce 56

PYMNTS

NOVEMBER 2, 2020

New restrictions due to a spike in the infection rate are expected to slow the economic rebound through the end of the year. economy showed a rebound in durable goods that topped September forecasts, up 1.9 Forecasts were expecting just a 0.5 percent rise. Overall, orders for manufactured durable goods rose by $4.3

Manufacturing 58

Manufacturing Forecasting Economics Banking 58

PYMNTS

APRIL 15, 2020

Without stores open, and with eCommerce showing signs of growth that aren’t reflected in this report, the March figures are a mirror of declining overall retail spend. The numbers do show that consumer spending was down, and economists are forecasting it will lead to an annualized rate of a 6 percent contraction for Q1.

Numbers 52

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APRIL 6, 2020

Companies already piloting AR — including top retailers and a leading eCommerce platform, according to Gartner — may accelerate their experiences with 5G. At Omdia we are revising our 5G forecast,” said Omdia 5G Practice Leader Dario Talmesio. So in that way, 5G is an important element or recovery when the COVID-19 crisis passes.

Retail 61

Retail Budgeting Forecasting eCommerce 61

PYMNTS

APRIL 14, 2020

Amazon’s ongoing problem since the coronavirus pandemic began has been delivery times — both from its core eCommerce site and its grocery locations. Between the avalanche of eCommerce and grocery orders, Amazon has been adding to its employee roster to keep operations moving and packages shipping out.

eCommerce 79

eCommerce Sales Retail Prioritization 79

PYMNTS

DECEMBER 17, 2018

Economist Joshua Shapiro said, according to FT , that the “report appears to point toward somewhat faster growth in Q4 than we have been forecasting, although much will depend on December retail sales results as well as data on the enormous service sector which are not yet available.”. At the same time, sales of gasoline declined by 2.3

Sales 49

Sales Retail Forecasting eCommerce 49

PYMNTS

DECEMBER 24, 2019

Exceeding forecasts , Dec. The question now is whether [Saturday’s] stellar momentum leads to sustained economic growth into 2020 and beyond,” Johnson said. 21, the last Saturday shopping day before Christmas 2019, has been confirmed as the single biggest retail sales day in U.S.

Sales 74

Sales Retail Forecasting Economics 74

PYMNTS

NOVEMBER 20, 2019

“The two retailers cut their annual forecasts for the second time this year. Online sales reportedly jumped 31 percent in the quarter, yet eCommerce didn’t weigh on profitability as it has done in past periods. We’re committed to progress and building a larger, healthier eCommerce business. Delivery Growth.

Investments 54

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PYMNTS

AUGUST 17, 2018

percent year over year to $128 billion — well ahead of forecasts of $125.9 eCommerce and same-store sales, however, were the headline makers this time around — both were pushed by Walmart’s increasingly powerful grocery game. percent growth was forecast. billion forecast — though it was down 1.1 Q2 revenues jumped 3.8

Forecasting 43

Forecasting Retail Sales eCommerce 43