PYMNTS

NOVEMBER 17, 2020

InTime is one of the biggest retail chains in China, with department stores as well as eCommerce sites. Chen said people are not running back to brick-and-mortar stores in big numbers, but that they are still shopping and spending, with sales rebounding from 2019. Luxury retailer Kering, also from Paris, experienced a 40 percent hike.

Retail 72

Retail Sales Leverage eCommerce 72

PYMNTS

MARCH 31, 2020

The retail closures related to the coronavirus have been a death knell for an already struggling retail industry, and many companies might not make it through, according to a report by the Financial Times. The crisis, he said, will probably lead to a “meaningful acceleration of the retail shakeout.”.

Retail 55

Retail Leverage Numbers 55

PYMNTS

JANUARY 15, 2021

The holiday shopping season is the most wonderful time of the year for the retail industry. Brick-and-mortar merchants and online retailers alike often rely on end-of-year sales to generate up to 40 percent of their annual revenues and start the new year on a positive note. A notable $730 billion in U.S. A notable $730 billion in U.S.

Retail 63

Retail Leverage eCommerce Securities 63

PYMNTS

OCTOBER 31, 2018

However, AR is now rewriting the rules of the retail game. A growing number of retailers are leveraging the technology to entice customers with a “try before you buy” shopping experience, having already been adopted by several big names in retail, including the likes of Walmart and Target.

Retail 69

Retail Leverage Technology Numbers 69

PYMNTS

JUNE 14, 2019

A number of retailers have recently seen a surge in eCommerce sales. Now, it’s easier in some ways to be a late mover,” in retailing online, Sucharita Kodali, a retail analyst at Forrester Research, said in an interview, according to CNBC. percent increase.

eCommerce 59

eCommerce Retail Sales Leverage 59

PYMNTS

JANUARY 12, 2020

Bowman noted that Tap to Phone leverages EMV’s underlying capabilities, the growing base of contactless cards in consumers’ wallets and the partnership with Samsung to allow sellers to tap into new retail sales opportunities, simply by downloading an app onto a mobile device they already use.

Retail 90

Retail Healthcare Sales Leverage 90

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 Investments 73

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. Employees wore masks and allowed only a limited number of customers in the store. Revenge shopping will not be a factor in the U.S.

Retail 57

Retail Communication Leverage eCommerce 57

PYMNTS

APRIL 30, 2019

According to Will Byrne, CEO of Worldnet Payments , the kiosks and smart shelves that are gaining traction across any number of commerce and retail settings may even shift the employment picture a bit. The Changing Retail Footprint. This has become an irreversible trend,” he said. For example, in the U.K., percent.

Retail 55

Retail Transportation Leverage Technology 55

PYMNTS

JUNE 4, 2020

Online commerce has soared during the pandemic, prompting retailers of all types and sizes to leverage how they use digital channels to bring back customers while a full return to physical retail remains months away. But the biggest innovations are coming to online retail. While only 10.3

Retail 52

Retail Sales Communication Leverage 52

PYMNTS

NOVEMBER 16, 2020

49% : Share of North American banks that leverage digital verification methods for onboarding. 6.2B : Minimum number of digital ID apps expected to be in use by 2025. 74% : Share by which Walmart’s U.S. eCommerce sales increased year over year in the first quarter. 31.9M : Net income that Dillard’s posted for Q3.

Technology 62

Technology Retail Advertising eCommerce 62

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

JANUARY 12, 2017

The last five days have seen numbers bouncing around between $790 and $800. While not quite back up to last October’s highs, these numbers are nothing to scoff at. Amazon’s retail app saw an average of over 65 million unique monthly users in 2016, a year-on-year growth of 43 percent — making Amazon the top-growing app of the year.

Numbers 40

Numbers Retail Leverage Startups 40

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

Nerd's Eye View

JUNE 3, 2024

This month's edition kicks off with the news that 'startup' custodian Altruist has completed a $169 million fundraising round as it continues to rebuild the RIA custodial tech stack layer-by-layer while positioning itself as the biggest RIA custodian built from scratch and solely for advisors – which, while making it the clear #3 custodian behind (..)

Communication 89

Communication Startups Planning Compliance 89

PYMNTS

JUNE 12, 2017

Zooz pulls data from all of a merchant’s financial solutions and third-party integrations into one central, easily visible portal, which has a number of benefits. PYMNTS: Can you show me some data or proof points on how the company has helped retailers? PYMNTS: Can you give me some personnel growth numbers?

Leverage 54

Leverage Startups Retail Currencies 54

PYMNTS

SEPTEMBER 30, 2019

The original 10-person team settled on leveraging augmented reality (AR) into an app that could help would-be creators to create. Katav also noted that the startup is in the process of finalizing deals with two of the country’s biggest arts and crafts retailers, though their identities remain unknown.

Numbers 43

Numbers Leverage Startups Retail 43

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. There’s a specialty food movement in Brooklyn, and a number of incubators to develop products. The number goes up and down,” she said.

Retail 60

Retail eCommerce Planning Leverage 60

PYMNTS

NOVEMBER 25, 2016

As Reuters reported headed into the holiday weekend, loan investors are eyeing shopping traffic and spending as a number of retailers in which they have invested face headwinds. percent this month and next, as predicted by the National Retail Federation, leverage is a tough thing to shake.

Retail 51

Retail Leverage Sales Investments 51

PYMNTS

FEBRUARY 6, 2017

And it is a journey that an increasing number of merchants are deciding to take, noted Duska, and one USA Technologies is happy to keep enabling. USA Technologies was the best and only choice for this journey,” remarked George Yost, president of Premier Services, Inc., in the announcement.

Retail 68

Retail Technology Sales Advertising 68

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

JULY 12, 2016

For years, retailers have lamented the fact that mobile traffic so rarely translates in equal numbers to in-store traffic. An entire industry has even sprung up around leveraging digital engagement into visits to brick-and-mortar store fronts.

Retail 47

Retail Leverage Numbers 47

Fpanda Club

MARCH 1, 2021

The finance function now plays a crucial role in many organizations supporting and driving effective business decisions, and this is exactly the responsibility of FP&A standing at the crossroads of finance, strategy and technology to leverage data and generate insights.

Financial Planning and Analysis (FP&A) 130

Financial Planning and Analysis (FP&A) Benchmarking Value-Added Analysis Budgeting 130

PYMNTS

NOVEMBER 18, 2016

18), which revealed the ongoing risk retailers face of coordinated and sustained fraud losses. We’re heading into our second holiday season with more retailers EMV ready, which means CNP fraud becomes a lot more attractive to organized and tech-savvy criminals. Retailers can approve up to 98.59

Retail 66

Retail Entertainment eCommerce Leverage 66

PYMNTS

JULY 23, 2019

Meanwhile, around the world, a number of financial players have been working to smooth transitions to real-time payment rails for businesses and consumers alike. Truckers play an important role in shuttling deliveries across country to retailers and merchants, handling 71 percent of the freight tonnage moved in America in 2017.

Retail 52

Retail Invoicing Leverage Banking 52

PYMNTS

NOVEMBER 26, 2020

Many banks, utility companies and government agencies have been leveraging two-factor authentication (2FA) for several years. A study found that businesses and other organizations could prevent roughly 80 percent of data breaches by leveraging 2FA. Leveraging phone-based verification.

Securities 69

Securities Leverage Retail Numbers 69

PYMNTS

DECEMBER 26, 2019

But before we shut the door on 2019, it bears taking a moment to note how much the world of retail has changed in the last year, a fitting capstone on a decade that has seen retail as the American consumer commonly knew it taken to the ground and rebuilt nearly from the foundations. Lesson 1: Think Big . “We

Retail 54

Retail Communication Leverage Numbers 54

PYMNTS

OCTOBER 23, 2018

Retailers had to make that changeover quickly, as online players became an increasingly obvious threat to their future. What the consumer, the bank and the retailer are looking at today is the same,” Engel said. “We We have to think of this not as a retail or banking journey, but instead as a total consumer journey.”.

Retail 74

Retail Banking Accounting Finance 74

PYMNTS

DECEMBER 18, 2018

It’s easy to get swept up in the retail apocalypse narrative. With historic retailers like Toys R Us and Sears shutting their doors after more than 100 years in business, and reports of “sad Santas” in empty malls, it’s hard to not take a rather dim view of physical retail’s prospects at present. Time Is The New Coupon.

Retail 56

Retail Education Leverage Securities 56

PYMNTS

NOVEMBER 20, 2017

In the course of just three days, we’ve gone from Walmart the slumbering retail giant to Walmart the savvy retailer that’s now Amazon’s number one rival — one that’s even making Amazon sweat — well-positioned to challenge Amazon ’s retail rampage. Of course, the Amazon/Walmart rivalry has always made for good media sport.

Retail 54

Retail Math Leverage Economics 54

CFO News Room

DECEMBER 21, 2022

For consumer brands doing business in China, no date on the retail calendar carries more weight than November 11, also known as Singles’ Day. Today, the event is the pinnacle of the global retail calendar, with over 290,000 brands offering 17 million products to over 1 billion annual active consumers across Alibaba’s ecosystem this year.

Sales 100

Sales Benchmarking Entertainment Retail 100

PYMNTS

SEPTEMBER 29, 2020

The retail ecosystem has been turned upside down over the past six months as changes big and small rippled through the segment worldwide in response to the pandemic. Much of the challenge of retail over the past half year, the panel agreed, has been in responding to shifting consumer preferences that aren’t always predictable.

Leverage 100

Leverage Retail Sales Economics 100

PYMNTS

AUGUST 23, 2019

As the results from the nation’s most prominent names in retail came rolling in for Q2, one could not help but think back to high school and recall what is probably the best-known start to a novel in the English language: It was the best of times, it was the worst of times. The Winner’s Circle — And How They Got There .

Retail 46

Retail Sales Numbers eCommerce 46

PYMNTS

APRIL 12, 2017

The need for online retailers and brands to be vigilant in the face of fraud becomes more pressing by the day — but additional authentication measures can create friction on the consumer’s end, which has a nasty habit of reducing conversion rates. We return back to retailers a risk indicator — high, medium or low,” Bonin said. “If

Retail 46

Retail Leverage Accounting eCommerce 46

PYMNTS

APRIL 24, 2018

It’s time for retailers to stop looking at brick-and-mortar like it’s dying. Traditional retail is changing, it’s true – and that has manifested as a fair amount of growing pains – but the perception that physical retail is a sinking ship may be leading merchants astray. tour in a vintage airstream turned pop-up store.

Retail 62

Retail eCommerce Leverage Planning 62

PYMNTS

JUNE 14, 2017

Online fraud is no small problem for merchants, but a significant number of retailers do not spend enough time on the dual goals of streamlining the consumer data experience while weeding out possible fraudulent transactions. But differing consumer expectations around the issue of security present a challenge for retailers.

Retail 58

Retail Accounting eCommerce Securities 58

PYMNTS

AUGUST 1, 2018

The number of scheme participants rose from 13 to 21 within the last decade, system oversight has been passed to the New Payments Systems Operator (NPSO) and merchants have increasingly expressed demand for ways to be paid faster — thus creating new use cases for the payments rail. consumers had used online banking at the time.

Retail 40

Retail Leverage Banking Accounting 40