PYMNTS

APRIL 3, 2020

The first of what is expected to be a series of informal retail reports on March results was delivered Thursday afternoon (April 2), this one from Etsy. As expected, the volume swings from January through the end of March were dramatic for the online seller marketplace. But what was not expected was an uptick as the month wore on.

Numbers 53

Numbers Retail Healthcare Economics 53

PYMNTS

DECEMBER 24, 2020

When it’s said and done there was only one story that mattered in the retail universe this year and it was the rise of the digital-first economy. The numbers speak for themselves. As seen in the opening flurry of numbers, consumers weren’t leaving home to shop. Malls And Department Stores Get Hit.

Retail 118

Retail eCommerce Numbers Transportation 118

CFO News

JUNE 12, 2023

Retail Inflation: The number has remained below the Reserve Bank of India’s (RBI) upper band target of 6 per cent for the third consecutive month.

Retail 105

Retail Numbers Banking 105

CFO News

OCTOBER 15, 2024

The retail segment was affected by a demand slack in the fashion and lifestyle (F&L) vertical and a sequential decline in total store area. The digital segment reported a sequential drop in subscriber numbers amid tariff hikes and higher average revenue per user (ARPU).

Retail 40

Retail Numbers 40

PYMNTS

JANUARY 18, 2021

Every year for the last 110 years , members of the retail trade group, known as the National Retail Federation (NRF), have assembled to discuss the slate of issues pertinent to its members. COVID-19, of course, didn’t cause physical retail’s steep decline — it just accelerated it. Retail is now about logistics and the last mile.

Retail 123

Retail Sales eCommerce Investments 123

PYMNTS

JANUARY 15, 2021

In retail technology, Toshiba Global Commerce Solutions ’ new Elera system aims to supplant in-store IT systems with a new cloud-enabled technology. 30 : Minimum number of “microservices” on Toshiba Global Commerce Solutions’ Elera system. 12M : Number of JazzCash’s active users in Pakistan.

Technology 110

Technology Retail Sales Numbers 110

Future CFO

DECEMBER 13, 2023

When it comes to cybersecurity budget, retail CFOs in Asia Pacific might have to reconsider the amount of resources allocated to this area. According to a recent study by Kaspersky , the retail industry experienced the greatest number of successful cyberattacks in the past 24 months in Asia Pacific.

Budgeting 52

Budgeting Retail Numbers Finance 52

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. million, up 2.2

Numbers 77

Numbers Retail Planning Marketing 77

PYMNTS

APRIL 7, 2020

As March sales and earnings reports start to show up this week, new data indicate that eCommerce sales for essential and nonessential retail will show a dramatic spike. New data released this morning by ACI Worldwide show that most retail categories have seen a 74 percent rise in March compared to 2019 for eCommerce.

eCommerce 72

eCommerce Numbers Sales Advertising 72

CFO News

FEBRUARY 28, 2024

Primark has been a successful value-priced retailer and its global revenue has exploded in the last few years, aside from two Covid-hit years. Average prices are even cheaper than retailers such as H&M and Uniqlo.

Retail 52

Retail Numbers Marketing 52

PYMNTS

APRIL 3, 2019

Simply showing what the lowly, mundane, terribly average phone number can do in terms of securing transactions, onboarding and other tasks vital to the daily lives of digital consumers. Enter the phone number – which, as Meier told Webster, is possessed by more than 95 percent of people in the U.S. Verification Trends.

Numbers 59

Numbers Securities Accounting Banking 59

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 4, 2020

But in other ways, it was business as usual, as the two biggest retailers in the world – Walmart and Amazon – posted stellar earnings numbers and competed in more muted ways for the U.S. percent of total consumer spending in Q2 (spanning all categories, including retail) and 9 percent of total retail spending.

Retail 99

Retail eCommerce Sales Numbers 99

PYMNTS

SEPTEMBER 29, 2020

Brick-and-mortar retailers felt the pain at exaggerated levels due to the pandemic, according to the bi-annual BDO Bankruptcy Update. That means the year is on pace to rival the 2010 numbers during the Great Recession. The number of Chapter 11 filings is up 26 percent from last year.

Retail 107

Retail Forecasting eCommerce Numbers 107

PYMNTS

APRIL 28, 2020

Reinventing retail in the wake of COVID-19 may mean reinventing retail formats. It’s also likely that retailers will see more men in-store than women, and they should consider adjusting inventory to target these shoppers.”. Inventory adjustments will only be part of the post-COVID retail order.

Retail 108

Retail Planning Numbers 108

PYMNTS

APRIL 13, 2020

Prepare for a big week of retail data, all of it unprecedented in light of the COVID-19 pandemic. Starting with the Commerce Department retail sales data on Wednesday, retailers will get a sense of how much consumers are spending and the retailers they are spending with. For retailers, there are no surprises from March.

Retail 86

Retail Sales Numbers Economics 86

PYMNTS

AUGUST 14, 2020

In payment methods, Circle K announced a cashierless checkout pilot as convenience stores advance retail innovations. 140M: Number of students and teachers using G Suite for Education to stay connected during the pandemic. 7.3K: Minimum number of Circle K stores in operation in the U.S. All this, Today in Data.

Education 92

Education Technology Retail Numbers 92

PYMNTS

OCTOBER 14, 2020

In retail, the need to simplify, integrate and bring gift card and loyalty programs online to maximize their impact has never been greater, while consumer engagement has the power to remove retail friction. 15K: Minimum number of SMBs using Factor4 ’s online platform to streamline and revamp their gift card and loyalty programs.

Technology 91

Technology Retail Numbers 91

Accountancy Today

JULY 25, 2022

Data from The Gazette Official Public Record revealed construction, manufacturing and retail were the sectors that accounted for almost 40% of administrations in 2022. Greater London led the way with 22% of the filings, followed by the South East (17%) and North West (15%).

Construction 82

Construction Manufacturing Accounting Retail 82

Future CFO

MARCH 15, 2020

JK Capital started out in 2014 to provide short-term unsecured loans to small businesses primarily in the retail, service, and the food and beverage industries in the Philippines. The post CFO: master of talking to numbers appeared first on FutureCFO. The Asian Development Bank estimates about 99.6%

Numbers 52

Numbers CFO Problem Solving Finance 52

PYMNTS

APRIL 13, 2020

The quickly evolving telehealth category has a new business model, with diabetes prevention program (DPP) Fruit Street teaming with meal kit company Purple Carrot to add a retail spin to its health advisory service. 1K: Minimum number of registered dietitians that Fruit Street has ready to help people eat healthy and stay active.

Retail 100

Retail Numbers Planning 100

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. In term of headline numbers, the U.S. percent over June). percent month over month.

Sales 96

Sales Retail eCommerce Numbers 96

PYMNTS

AUGUST 5, 2020

In retail technology, Yotpo is helping brands capture the digital shift by making a compressed marketing stack for online shopping. Data: 3,300: Number of employee participants in Macy’s Style Crew program. All this, Today in Data. 78%: Share of consumers who have changed how they pay for things to reduce contact.

Retail 105

Retail Startups Banking Numbers 105

PYMNTS

JULY 17, 2020

retail and economic recovery is still facing serious headwinds. retail sales, which exceeded forecasts in June. Retail spending increased 7.5 What was not clear was the effect stimulus funds made on retail spend. But the May and June spikes returned retail sales levels to pre-pandemic numbers. percent hit.

Retail 63

Retail Treasury Economics Sales 63

PYMNTS

DECEMBER 8, 2020

Walgreens has followed in the footsteps of Walmart and Amazon to join the retailer-as-ad-agency trend , while BigCommerce recently launched Open Checkout to let developers, retailers and partners create tailored checkout experiences. 4.7K : Number of stores where the new Walmart Media Group places ads targeting customers.

Retail 74

Retail B2B Numbers eCommerce 74

PYMNTS

APRIL 15, 2020

Retailers received just under 105,800 loans and 8.6 In terms of the loan size, the SBA reported that the bulk of approved loans, at 725,058, were $150,000 or less, representing more than 70 percent of all approved loans by number and 15 percent of the total allocated dollars. Accommodation and food services firms got 9.2

Numbers 80

Numbers Manufacturing Construction Retail 80

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.

Sales 102

Sales Retail Numbers Planning 102

PYMNTS

JANUARY 13, 2021

In retail innovation, many American consumers still want a digital-first shopping experience even after a COVID-19 vaccine. And in digital onboarding, geocoding and address verification tools can help retailers collect the most accurate data from clients to ensure streamlined deliveries. 6.7M : Approximate number of U.S.

Retail 63

Retail Numbers 63

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

MAY 15, 2020

The experts were expecting a weak retail sales report when the numbers hit the wires earlier today (May 15) – but even in an environment of diminished expectations, the number reported by the Census Bureau was a disappointment. Year on year, retail sales fell 21.5 GDP, took a 16.4 percent decline logged in March.

Sales 92

Sales Retail Economics Forecasting 92

PYMNTS

JUNE 17, 2020

The dramatic consumer shift to Digital 3.0 — predicted months ago by the PYMNTS COVID-19 tracker work — is accounting for almost half of the retail growth in the US. It found that eCommerce growth as of May 1 was up 68 percent, surpassing 40 percent of total retail sales. Overall Chinese retail sales of consumer goods dropped 2.8

eCommerce 92

eCommerce Retail Sales Forecasting 92

PYMNTS

AUGUST 3, 2020

And in retail, Amazon ’s earnings were off the charts by any metric, and they didn’t come from cost-cutting. 175K: Minimum number of new jobs Amazon says it has created since March. Vendors that once saw late buyer payments as unavoidable now risk going out of business if their clients don’t speed up the pace of payments.

Retail 94

Retail B2B Economics Numbers 94

PYMNTS

SEPTEMBER 21, 2020

retailers during the holiday shopping season, the Financial Times (FT) reported. The shortages come from an unexpected surge of customer demand, which took retailers by surprise after they had cut orders for new merchandise in the spring as countrywide lockdowns were starting and the job market was bottoming out. in the spring.

Retail 82

Retail Sales Numbers Marketing 82

PYMNTS

SEPTEMBER 30, 2020

Retailers across Europe, the Middle East and Africa will be able to post ads for free on Google’s Shopping tab starting in mid-October. The offer also extends to retailers who are already paying to place ads on Google’s Shopping tab , wrote Matt Brittin, president of Google’s operations in Europe, the Middle East and Africa.

Retail 78

Retail Advertising Economics Numbers 78

PYMNTS

MAY 22, 2020

TJX reported earnings that showed a fast uptick for store opening traffic after having closed all of its retail locations globally in March, without an eCommerce shopping capability. And cosmetics is gaining online momentum as the pandemic drives cross-currents in the retail category. All this, Today in Data.

Sales 83

Sales Retail eCommerce Numbers 83

PYMNTS

JANUARY 21, 2021

In brick-and-mortar, retailers are overestimating demand for buy online, pick up in-store (BOPIS) , but they are underestimating demand for delivery. 3 : Number of elements included in Google’s new ‘Product Discovery Solutions for Retail’ suite. Data: $276M : Amount that the Tastemaker SPAC received through its IPO on Jan.

Retail 62

Retail Advertising eCommerce Numbers 62

PYMNTS

JANUARY 27, 2020

The new year has not been kind to retail stores around the country, as the trend of accelerating store closings continues, according to a report by Yahoo! This will be the fourth year in a row that retailers will shutter 100 million square feet of space, which equals about 562 Walmart supercenters. Moore and GameStop.

Retail 86

Retail Numbers Finance Marketing 86