PYMNTS

AUGUST 28, 2020

Goldman Sachs is pondering a $2 billion venture and growth fund that could boost its stature in the world of technology investing and help it court bigger investors and investments. New Report: Helping Retail Treasurers Navigate The Digital D2C Shift (“How To” Playbook). Goldman Sachs Eyes Creating $2B Tech Fund.

Retail 83

Retail Planning Pharmaceutical eCommerce 83

PYMNTS

OCTOBER 9, 2020

Despite wide-ranging economic uncertainties and a challenging investment environment, venture capital (VC) firms and special purpose acquisition companies (SPACs) are actively raising or seeking fresh funds for investment in the payments space. It also plans to invest in companies where technology is a clear differentiator.

Investments 78

Investments Nonprofit Startups Education 78

PYMNTS

JUNE 24, 2019

Retailers are getting smarter about artificial intelligence (AI), and the latest example of that innovative effort comes from Walmart. According to a new report , the retail chain, hoping to reduce checkout theft, is turning to cameras powered by AI, with deployments underway in some 1,000 stores.

Retail 73

Retail Leverage Technology Numbers 73

PYMNTS

MAY 19, 2020

The results reversed a trend from last quarter, where the chain was one of many physical retailers facing a tepid holiday season that missed analyst expectations for sales, comparable-sales growth and earnings across the board. But things have reversed dramatically for the retailer amid the COVID-19 pandemic. percent to $134.6

Retail 88

Retail Restructuring CFO eCommerce 88

PYMNTS

OCTOBER 8, 2018

H&M is also making an investment of $20 million in the payments company, according to reports. The companies aren’t saying what Klarna’s valuation is after the investment, but sources said $20 million is “much less than one percent of the company.”. “We and Sweden in the first phase of deployment.

Retail 68

Retail Valuation Leverage Economics 68

PYMNTS

MAY 11, 2020

As retailers, especially those marked non-essential, move to digital commerce platforms they’re also finding new ways to stay in touch with customers during the pandemic. As a result of the pandemic crisis it is urging its retail accounts to stay in touch with their customers via mobile, most specifically through SMS (short message service).

Retail 70

Retail Communication eCommerce Leverage 70

VCFO

JUNE 2, 2023

Navigating a New Era of Retail – Three Financial and Operational Factors The market and operating environments of retail businesses have undergone dramatic transformations since the turn of the millennium; transformations that accelerated significantly more with the outset of the COVID pandemic.

Retail 64

Retail Finance Leverage Technology 64

PYMNTS

FEBRUARY 3, 2020

Consumers are firing brick-and-mortar retailers from the jobs they held years and decades before. To get their shopping jobs done, consumers are now hiring retailers that make it convenient to do business – anywhere, anytime, through any channel and on their terms. But it’s more than that.

Retail 69

Retail Sales Investments Budgeting 69

PYMNTS

FEBRUARY 26, 2020

The study also noted that only 27 percent of restaurants’ digital investments were focused on fraud mitigation, with establishments instead allocating resources to mobile ordering. Many AI-based fraud detection solutions also leverage machine learning (ML), which allows the system to learn on its own. Selecting the Target.

Leverage 56

Leverage Securities Accounting Retail 56

PYMNTS

OCTOBER 19, 2020

In a quest to dominate online food shopping in China, Alibaba invested $3.6 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. As part of the deal, Alibaba will acquire a 70.94% equity interest — worth about $3.6

Retail 92

Retail Leverage Sales Investments 92

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.

Retail 126

Retail Budgeting Forecasting Currencies 126

PYMNTS

DECEMBER 3, 2019

Accomplice led the investment round, which was also backed by Wufoo Co-founder Kevin Hale and Kayak Co-founder Paul English, among others, according to reports. . In separate news, reports surfaced over the summer that retail messaging startup Attentive notched $40 million in a Series B funding round led by Sequoia.

Leverage 52

Leverage eCommerce Startups Retail 52

PYMNTS

MAY 13, 2019

In the unattended retail space, vending operators are also becoming more aware of the shifting behaviors of their shoppers and the need for swift and digital payment options. That smaller size opens up whole new markets, and gains access to spaces that have never had a retail experience [as] a part of it.”.

Retail 71

Retail Marketing Communication Technology 71

PYMNTS

DECEMBER 13, 2017

Retail is perhaps an unexpected entrant into the augmented reality (AR) and virtual reality (VR) market, but it’s proving to be an area in which being there virtually can be seamlessly substituted for being there actually. Retail may just sneak up and be the dark horse that pushes the AR/VR movement from niche play to mainstream tool.

Retail 63

Retail Healthcare Technology Leverage 63

PYMNTS

NOVEMBER 24, 2020

With brands everywhere rushing to either revamp existing channels or launch new ones, the line between traditional retail and direct-to-consumer (D2C) sites is not only getting blurred, but it’s raising questions about whether this trend is a short-term reflexive phenomenon or the start of a long-term strategic realignment. “You

Retail 62

Retail Manufacturing eCommerce Prioritization 62

PYMNTS

MAY 27, 2020

retail reopening. Most reports of mall reopenings and other retail post-pandemic debuts in the U.S. The station also reported that retailers who did see crowds followed strict guidelines. These brands are still comfortable with their investments,” she says. Revenge shopping will not be a factor in the U.S.

Retail 57

Retail Communication Leverage eCommerce 57

Future CFO

DECEMBER 11, 2023

The CFO role has been seeing shifts in the retail industry recently, as the position is seemingly no longer tied to the finance function per se, according to Ernst & Young. Acing the technology revolution One of the key takeaways from the discussion was the integral role of technology in modern retail operations.

CFO 52

CFO Retail Technology Forecasting 52

PYMNTS

JULY 19, 2019

Walmart is making some organizational adjustments with its executives to help better integrate its retail store and digital operations, according to a report by CNBC. We take these steps knowing we will make further adjustments over time as we balance the need for focus and speed with efficiency and leverage,” McMillon wrote.

Retail 58

Retail eCommerce Leverage Investments 58

Future CFO

JANUARY 24, 2023

Retail sales in China is expected to recover after the lifting of Covid-19 restrictions but is likely to be bumpier than those in many other major economies, said Fitch recently. year-on-year contraction in retail sales in December 2022, which led to a 0.2% The residential leverage ratio rose rapidly to 62.4%

Sales 52

Sales Retail Leverage Economics 52

CFO Talks

AUGUST 9, 2024

Balancing Risks and Returns in Investment Strategies: A Detailed Guide for CFOs in Africa For CFOs operating within the diverse economic landscapes of Africa, making informed investment decisions is crucial. Understanding Risk and Return Investment decisions are all about balancing potential rewards against possible risks.

Investments 52

Investments CFO Manufacturing Economics 52

PYMNTS

OCTOBER 6, 2020

The Abu Dhabi Investment Authority (ADIA) is putting about $750 million into Reliance Retail Ventures Ltd., The investment gives the Abu Dhabi sovereign wealth fund a 1.2 percent stake in Reliance Retail, the announcement states. a subsidiary of Reliance Industries, the Mumbai-based parent company announced Tuesday (Oct.

Investments 40

Investments Retail Leverage Marketing 40

CFO News

MAY 9, 2023

Retailers must now adapt to this new reality by leveraging technology to create a seamless and personalized shopping experience across all channels. This means investing in digital infrastructure, such as cloud computing, e-commerce platforms, and mobile apps, to meet the changing demands of consumers.

Retail 52

Retail Leverage Sales Investments 52

PYMNTS

NOVEMBER 6, 2020

In today’s top news, The Public Investment Fund of Saudi Arabia is planning to invest roughly $1.3 billion for a part of Reliance Retail Ventures Ltd., Into Reliance Retail. Into Reliance Retail. The Public Investment Fund of Saudi Arabia intends to invest approximately $1.3

Investments 40

Investments Retail Planning Leverage 40

Barry Ritholtz

NOVEMBER 26, 2024

Full transcript below. ~~~ About this week’s guest: Matt Hougan, Chief Investment Officer at Bitwise Asset Management discusses the best ways to responsibly manage crypto assets. I’m Barry Ritholtz, and on today’s edition of At the Money , we’re going to discuss how retail investors can responsibly invest in crypto.

Investments 59

Investments Currencies Financial Systems Marketing 59

Global Finance

OCTOBER 8, 2024

But overlending—and US initiatives to extend its security and investment footprint—are challenging its position. Accordingly, China’s involvement in Africa goes beyond trade, encompassing a mix of economic investments, geopolitical strategies, and local challenges. China continues to dominate trade with the continent. billion, up 1.5%

Transportation 119

Transportation Economics Investments Restructuring 119

PYMNTS

JANUARY 8, 2021

The year 2020 meant big changes for retailers that had primarily defined themselves by physical interaction as brick-and-mortar merchants were forced to adapt to an eCommerce-focused world as their best option for holding on to their now homebound customer base. SMBS Outpaced Top Retailers When It Came To Innovation Adoption .

eCommerce 104

eCommerce Problem Solving Retail Leverage 104

CFO News

AUGUST 29, 2024

Reliance Industries Chairman Mukesh Ambani stated that Reliance Retail ranks in the top five global retailers by store count and in the top 30 by revenue. The company invested Rs 4,330 crore in the last financial year, leveraging equity and debt, and transferred supply chain assets to Reliance Logistics and Warehouse Holdings.

Retail 40

Retail Numbers Leverage Investments 40

Global Finance

OCTOBER 11, 2024

JPMorgan Chase takes the top honor as Global Finance ’s World’s Best Bank for 2024, as well as the World’s Best Investment Bank and World’s Best Private Bank. Corporate & Investment Bank, rebranded as Commercial and Investment Bank in January 2024, contributed a net income of $14 billion from $49 billion in revenue.

Banking 105

Banking Foreign Exchange Profit and Loss Finance 105

PYMNTS

OCTOBER 20, 2020

Fabric, a new headless commerce platform startup for retailers, came out of the gate with a head of steam on Tuesday (Aug. The product is a cloud-native platform that enables retailers to deliver digital commerce experiences without having to rely on expensive engineering resources. Shopify and BigCommerce have a new competitor.

eCommerce 95

eCommerce Retail Technology Leadership 95

PYMNTS

MARCH 3, 2020

With a round led by ACA Investments, comparison shopping platform iPrice Group has notched $10 million in Series B funding. The round also came with participation from Daiwa PI Partners as well as returning investors Asia Growth Fund, Mirae Asset-Naver, and Line Ventures, according to reports.

Investments 52

Investments eCommerce Leverage Technology 52

PYMNTS

MAY 5, 2020

As retailers contend with the continuing COVID-19 crisis and the inevitable resettling of the business, one of the most popular pieces of advice has been to reformat existing stores. The way I see it, the grocery space is missing a discovery phase – in fact, I think you could say that about the broader retail landscape.

Retail 60

Retail eCommerce Planning Leverage 60

PYMNTS

AUGUST 5, 2020

In the current environment, of course, the pandemic decimated foot traffic across any number of verticals — restaurants and retailers come to mind, of course. The firm’s partnership with Amazon leveraged phone numbers, Amazon accounts and cash to build balances to enable underbanked users to participate more fully in eCommerce.

Currencies 135

Currencies Advertising Numbers Retail 135

PYMNTS

SEPTEMBER 18, 2020

One company, Stem , seeks to leverage the platform model to help independent musicians and the host of people who may be behind a recording (the composers, the producers and others) get paid through what’s known in the industry as the “splits” — what they’re owed when its owed as music is uploaded to streaming services such as Spotify.

Foreign Exchange 125

Foreign Exchange Accounting Investments Manufacturing 125

PYMNTS

SEPTEMBER 18, 2020

As it aims to develop an online shopping portfolio, Boosted Commerce said it has notched $87 million in investment and has purchased six Amazon fulfillment (FBA) firms. We're leveraging the hard work these entrepreneurs have put into creating popular brands used by millions of people and taking them to the next level.".

eCommerce 85

eCommerce Leverage Economics Sales 85

PYMNTS

SEPTEMBER 18, 2020

Digital payments — and specifically, card-not-present transactions — may be convenient for consumers, but can impact the very operations of the retailers serving them. Along the way, these companies that are embracing eCommerce have seen an increasing percentage of sales derived from digital payments.

Sales 141

Sales Prioritization eCommerce Invoicing 141

PYMNTS

JUNE 10, 2020

Motivating a change in consumers or retailers is not always easy work, a reality evidenced by the plodding pace of contactless payments in the U.S. That has motivated a sea change as brands and physical retailers are working to rebuild their consumer experiences around digital, she said. Widening the Range Of eGifting’s Capability.

Retail 59

Retail Economics Entertainment Currencies 59

PYMNTS

DECEMBER 2, 2019

His comments came on the heels of a recent Commerce Ventures capital raise for a new, $60 million fund aimed at the retail and financial services sector. They can capture that distribution by aligning with incumbents who can leverage enablers’ innovations. And it’s not overfunded by a little bit,” he told Webster of challenger banks.

Investments 50

Investments Healthcare Startups Valuation 50