PYMNTS

JANUARY 6, 2021

Thus far, the numbers do not bear out a massive uptake of a business model, that for the stakeholders, is essentially free (There are roughly 38 banks signed on and 5 million users of CoDi, as measured in late 2020). To get there — to spur increased user adoption — he said that the SPEI user experience has had to improve.

Banking 145

Banking Planning Accounting Currencies 145

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. It has not published any numbers for May yet. They’re either the fashion accessory of the moment or a life-saving piece of safety equipment.

Retail 102

Retail Sales Numbers Planning 102

PYMNTS

SEPTEMBER 13, 2019

Brick-and-mortar retailers are doubling down on digital as they look to staff their stores for the busy holiday shopping season. Target , for instance, plans to bring on over 130,000 seasonal team members, with “a twofold increase in the number of roles focused on fulfilling digital orders from its stores.”.

Retail 97

Retail CFO Technology Planning 97

Centage

SEPTEMBER 13, 2022

There is some risk to using past performance to inform your long-term plans, and this can be compounded during times of economic uncertainty. Your company needs to make plans for the future. Your budget is a roadmap of your business’s financial goals and how you plan to reach them. What Is Financial Forecasting?

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) Planning Forecasting Profit and Loss 98

PYMNTS

SEPTEMBER 4, 2020

The Hub Fed chief acknowledged the latest job numbers are a “significant improvement.” While the economy added 249,000 retail jobs, and leisure and hospitality jobs grew by 174,000, two of the nation’s hardest hits sectors, Rosengren said those sectors have a long way to go before they return to pre-pandemic levels. “I 3), the U.S.

Numbers 77

Numbers Retail Planning Marketing 77

PYMNTS

APRIL 21, 2020

The retail bankruptcy watch intensified Tuesday (April 21) as the department store sector was hit by reports of yet another major player looking at that option. Lord & Taylor, now joining Neiman Marcus, is considering a bankruptcy filing as the COVID-19 lockdown continues to decimate non-essential retail. billion in sales.

Retail 88

Retail Treasury Finance Communication 88

PYMNTS

JANUARY 26, 2021

In today’s top retail news, the U.S. The retailer said the move is part of a plan to execute a “store footprint optimization plan, including the contemplated exit of unprofitable locations.” The number, however, is still under the 62.5 L’Occitane’s US Unit Enters Bankruptcy As Part Of Lease Negotiations .

Retail 95

Retail Planning Banking Finance 95

PYMNTS

DECEMBER 30, 2020

The record number saw it surpass its native Australia — where sales totaled $900 million — for the first time, signifying that the U.S. Consumers not only searched for discounts but also sought out emerging payment methods such as installment payment plans in stores and online. One study found that 41 percent of U.S.

Planning 110

Planning Sales Budgeting Finance 110

PYMNTS

JULY 6, 2020

If your business touches retail in any way, it might pay to follow a few important breadcrumbs. He told investors that he plans to drive more than 50 percent of future sales through digital channels. Worse yet, some analysts fear the triggering of break-lease clauses for retailers in malls if anchor stores leave.

Retail 103

Retail Sales Math Healthcare 103

PYMNTS

NOVEMBER 20, 2020

At a time when the coronavirus has already changed so many aspects of our daily lives, a revision of this post-Thanksgiving retail tradition only makes sense. That prompted the overwhelming majority of big-box retailers to follow suit, except for a few dollar stores and the major pharmacy chains. Not Just Retailers Are Reacting.

Retail 84

Retail Manufacturing Sales Numbers 84

PYMNTS

DECEMBER 2, 2020

United Parcel Service (UPS) is limiting shipping volume for big retailers like Nike and Gap as a means of keeping up with eCommerce delivery demands, according to a report in The Wall Street Journal on Wednesday (Dec. Retailers are now largely dependent on online sales and home delivery.

Retail 80

Retail Strategic Planning eCommerce Sales 80

PYMNTS

JULY 22, 2020

The retail industry is facing its first sales event of the pandemic with the coming of back-to-school sales. The projections were led by the National Retail Federation (NRF) this week, as it foresees record sales for back to school. That makes inventory tougher to plan. per family, topping the record of $696.70 billion in 2019.

Retail 74

Retail Sales Education eCommerce 74

PYMNTS

MARCH 29, 2020

Call it the retail gap that eCommerce can only partly fill. Earlier this month, a record number of Americans — 3.3 But eCommerce can only go part way, not the whole distance, in offsetting a devastating hit to retail as we have known it. million — filed for unemployment benefits. As many as 75.4 But only 25.4

eCommerce 82

eCommerce Retail Sales Numbers 82

PYMNTS

APRIL 17, 2020

Supply Chains and Black Swans: Planning for a Global Crisis. On the one hand, it’s clear that many consumers are avoiding retail stores and are instead shopping online. As we navigate the uncertain waters of this world health epidemic, we face a stark reminder of the importance of planning ahead.

Planning 92

Planning Sales eCommerce Marketing 92

PYMNTS

NOVEMBER 12, 2020

100 : Minimum number of locations at which “Ulta Beauty at Target” will debut. 64% : Portion of B2B firms that plan to increase their eCommerce investments. 6 : Average number of banks global companies work with for cross-border payments. 18T : Predicted value of B2B transactions made via an instant payment in 2025.

B2B 84

B2B Retail eCommerce Numbers 84

PYMNTS

SEPTEMBER 29, 2020

But there are plans to expand it across Seattle, New York, Chicago and San Francisco, the company said. If it’s a hit with users, Amazon plans to bring it to other retailers as well as performance venues and the nation’s offices. Gupta noted during the pandemic, huge numbers of people have avoided going to stores.

eCommerce 139

eCommerce Retail Planning Technology 139

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

DECEMBER 16, 2020

“As car buyers and sellers across the country increasingly turn to eCommerce solutions, CarStory will strengthen and extend the reach of our digital retailing platform, and together we will accelerate the transformation of the massive used auto industry,” Vroom CEO Paul Hennessy said in announcing the $120 million cash-and-stock deal.

Sales 97

Sales Planning Problem Solving Data Analysis 97

Fpanda Club

MARCH 1, 2021

Being an emerging discipline within finance function, financial planning and analysis encompasses its own processes, tools, techniques and skills which should be optimized to meet constantly growing needs, requirements and responsibilities. APQC’s Open Standards Benchmarking® Performance Assessment in Planning and Management Accounting 3.

Financial Planning and Analysis (FP&A) 130

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

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

SEPTEMBER 22, 2020

Deutsche’s move to decrease its number of locations comes after news that Commerzbank would not open 200 offices again that were closed amid COVID-19. PNC Bank plans to reduce the count of its branch offices through next year, Fox Business reported. In the U.S., The bank indicated the decision would save a forecast $4.3

Banking 84

Banking Planning Restructuring Forecasting 84

PYMNTS

OCTOBER 15, 2020

Retailers] are seeing double-digit higher conversion rates when an extended warranty is shown – not on the extended warranty, but conversion rates on the product itself,” Levin said. “The Such numbers have impressed PayPal and other investors, who joined a $40 million Series B funding round that Extend announced on Thursday (Oct.

Investments 133

Investments Manufacturing Data Analysis Sales 133

PYMNTS

SEPTEMBER 4, 2020

This week Keller unveiled his post-pandemic plan. and on high alert that’s keeping dine-in off the menu for now, mobile order-ahead (MOA) is coming the aid of a number of gourmet restaurants via the new mobile app Seated , which delivers bookings for Manhattan’s upscale eateries, maintaining a vital flow of dine-in customers.

Planning 82

Planning Profit and Loss Securities Numbers 82

PYMNTS

NOVEMBER 30, 2020

The client then pays that balance down over time through an installment plan. Coombes said professional services providers aren’t supplanting existing payment plans with QuickFee, just adding an additional payment option. He said many firms have never had the option of offering such fully funded payment plans before.

Planning 77

Planning Accounting Accounting Firms Marketing 77

PYMNTS

APRIL 27, 2020

Dozens of retailers, from Dick’s Sporting Goods to Walmart , have added contactless shopping services, and it’s caught on. The number of orders placed online and picked up at stores surged 208 percent between April 1 and April 20 compared to a year ago, according to Adobe Analytics, CNBC reported. Last week, Texas Gov.

eCommerce 103

eCommerce Retail Planning Numbers 103

PYMNTS

JUNE 28, 2020

San Francisco’s planned next phase reopening scheduled for Monday (June 29) for outdoor bars, hair salons, museums and more has been put on hold. Mayor London Breed tweeted Friday (June 26) that the city will wait as the number of COVID-19 cases rise across California, CNBC reported. Last week, Texas walked back its reopening plans.

Numbers 112

Numbers Planning Retail 112

PYMNTS

JANUARY 11, 2021

Amazon and Walmart are among the big retailers trying out a new way of handling refunds, according to a report from The Wall Street Journal (WSJ). A Walmart spokesperson, according to WSJ, said the option to keep the refunded item is usually for items the company doesn't plan to resell.

eCommerce 112

eCommerce Retail Sales Numbers 112

PYMNTS

NOVEMBER 23, 2020

The National Retail Federation (NRF) said it predicts retail sales across the U.S. billion in retail sales and an increase of 3.5 billion in retail sales and an increase of 3.5 The shutdowns and stay-at-home orders from last spring have stunted some of the growth, with some smaller retailers still struggling.

Sales 100

Sales Retail eCommerce Numbers 100

PYMNTS

NOVEMBER 10, 2020

Each has a slightly different take on new retail and ecommerce shopping and payments experiences. million so far this year, compared with 2.7 million at the same point in 2019, according to the U.S. Census Bureau.

Planning 90

Planning Startups Budgeting B2B 90

PYMNTS

NOVEMBER 25, 2020

percent said they planned to spend more. Seven percent said they planned to avoid holiday shopping altogether. ICSC’s research reveals a swell of interest in omnichannel formats, a sign that retailers capable of meeting demand both online and in-person will be best positioned for success in this unprecedented holiday season.

Retail 70

Retail Forecasting eCommerce Planning 70

PYMNTS

OCTOBER 29, 2020

This time, however, retailers and restaurants have upped their digital game instead of being caught flat-footed as they were at the beginning of the pandemic. percent of all shoppers planned to shift their retail shopping from in-store to online. That number gradually rose up to 48.3 Diving deeper into that number, 83.9

Retail 90

Retail Numbers Planning 90

PYMNTS

JANUARY 21, 2021

The last digital yuan trial, which took place in Suzhou and concluded in December, saw Chinese consumers spending their digital currency on retail, food delivery and ridesharing, PYMNTS reported. Suzhou was a choice location for the digital yuan trial because of its large number of restaurants and businesses.

Currencies 81

Currencies Planning Banking Retail 81

PYMNTS

JULY 22, 2020

Once the show goes live, Popshop would provide a dashboard with the number of viewers, sales conversions and other KPIs. The app is available on iOS via invitation, with plans to add Android later in the year. Having just the product is not enough,” said Founder and CEO Danielle Li.

Retail 85

Retail eCommerce Entertainment Advertising 85

CFO News Room

DECEMBER 10, 2022

Also in industry news this week: A recent survey indicates that retirement plan sponsors currently using financial advisors to support their plan are overwhelmingly satisfied with the service they receive, which also leads to improved retirement savings for their employees. Adam is an Associate Financial Planning Nerd at Kitces.com.

Mergers and Acquisitions (M&A) 130

Mergers and Acquisitions (M&A) Planning Valuation Accounting 130

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 85

Communication Startups Planning Compliance 85

PYMNTS

MAY 14, 2020

could be the first major delivery company to limit the number of items retailers can ship to protect its network from being overwhelmed during COVID-19, The Wall Street Journal reported. For now, the impacted retailers say they are coping. FedEx Corp. A company spokesman declined to say whether they were imposing limits. .

Retail 98

Retail Forecasting Startups Numbers 98

CFO News Room

DECEMBER 24, 2022

As Covid-19 declined, a European multichannel retailer observed a decline in its online revenues, which caused alarm. A European multi-brand underwear retailer was a major reseller of La Perla, a premium Italian lingerie brand. But then they looked at the data a different way, focusing on transactions by individual customers.

Profit and Loss 130

Profit and Loss Auditing Planning Sales 130