PYMNTS

JUNE 24, 2020

While web users have harnessed eCommerce in numbers that haven’t been seen before amid the COVID-19 heath crisis, eMarketer forecasts the worldwide retail online shopping sales will slow down to a 16.5 The firm forecasts an overall $3.914 trillion in online shopping sales in 2020 per an announcement. percent in 2019.

Sales 94

Sales Forecasting eCommerce Retail 94

The Finance Weekly

MAY 14, 2024

While supply chain management handles the smooth flow of goods from start to finish, inventory management zeros in on tracking, storing, and accounting for a company's stock accurately. These SKUs usually combine letters and numbers to convey crucial product details swiftly. This helps in making smart buying choices.

Forecasting 52

Forecasting Profit and Loss Prioritization Auditing 52

PYMNTS

JANUARY 19, 2018

KGI Securities Analyst Ming-Chi Kuo reduced his lifetime sales forecast for the new iPhone X from 80 million to 62 million phones. A survey of 300 iPhone buyers by technology analysis firm Consumer Intelligence Research Partners estimates that the iPhone X, iPhone 8 and iPhone 8 Plus combined to account for 69 percent of U.S.

Forecasting 40

Forecasting Sales Securities Technology 40

PYMNTS

FEBRUARY 14, 2018

Retail sales in the U.S. Department of Commerce show retail sales decreased 0.3 Economists had not been expecting a contraction, and retail sales had been forecast to rise 0.2 Year-on-year, retail sales numbers rose 3.6 Consumer spending accounts for two-thirds of U.S. percent in January.

Sales 40

Sales Retail Forecasting Economics 40

PYMNTS

MARCH 16, 2017

Commerce Department posted the lowest growth in retail sales seen in the past six months on Wednesday (March 15). percent — well over Bloomberg’s median analyst forecast of 0.1 As with January, the number of internet-based purchases (i.e., from nonstore retailers ) rose considerably, up 1.2 Chain apparel sales dropped 0.5

Sales 40

Sales Retail Forecasting Numbers 40

PYMNTS

JANUARY 15, 2021

Despite the ongoing pandemic, retail holiday sales were 8.3 percent higher in 2020 than in 2019, surprising even the National Retail Federation (NRF). Despite unprecedented challenges, consumers and retailers demonstrated incredible resilience this holiday season,” said NRF President Matthew Shay in a statement. 31 were $789.4

Sales 52

Sales Forecasting Entertainment Retail 52

CFO News Room

NOVEMBER 16, 2022

In the second post, I pointed to inconsistencies in how accountants classify operating, capital and financing expenses , and the consequences for reported accounting numbers. In the first session of my valuation class, I pose a question, “What comes more naturally to you, telling a story or working with numbers?”

Marketing 130

Marketing Valuation Advertising Numbers 130

PYMNTS

FEBRUARY 5, 2020

In finance, accounting is everything. Accounting for everything, especially when it comes to credit — in other words, taking stock and measure of where lending activities have been concentrated, where risk is and where losses may loom — is as much art as science. These are not only the concerns of big banks.

Banking 56

Banking Forecasting CFO Concentration 56

PYMNTS

DECEMBER 7, 2020

"Small businesses face similar challenges that big retailers face when they transact online, because through marketplaces, they are able to reach out to millions of consumers," he told PYMNTS in a recent interview. But most people forget that we're still talking about small businesses with a limited number of resources.".

eCommerce 142

eCommerce Finance B2C B2B 142

CFO Leadership

APRIL 5, 2023

In fact, in many organizations, HR’s talent game plan swings from industrywide hiring “binges” to job “chops” as external conditions and revenue forecasts dictate. 3 The largest increases in job openings were in accommodation and food services, retail trade, and construction. The unemployment rate was 3.4%.

Leadership 105

Leadership Manufacturing CFO Construction 105

PYMNTS

MAY 20, 2020

But like Walmart, which reported strong numbers on Tuesday, Target also paid a high price for its spiking growth. billion analysts forecast and rising 11.3 The use of those services accounted for about 5 percent of the quarter’s comparable-sales growth. government stimulus funds hitting consumer bank accounts.

Sales 89

Sales Forecasting Numbers Accounting 89

PYMNTS

AUGUST 12, 2020

As detailed by NPR, though at least some verticals, such as grocery stores, accept card transactions (and thus see at some volume of contactless payments), a significant number of smaller businesses rely on cash to keep revenues coming in. percent of total value came from card payments, slightly outpacing the 48.3 percent done in cash.

Startups 88

Startups eCommerce Forecasting Banking 88

PYMNTS

AUGUST 17, 2020

The Commerce Department released July’s retail sales last week, showing an increase in seasonally adjusted retail spending – up 1.2 Analysts reported that physical retail sales, seasonally adjusted, were up 2.7 Analysts reported that physical retail sales, seasonally adjusted, were up 2.7 percent growth in June.

eCommerce 134

eCommerce Retail Sales Numbers 134

Musings on Markets

NOVEMBER 15, 2022

In the second post, I pointed to inconsistencies in how accountants classify operating, capital and financing expenses , and the consequences for reported accounting numbers. Facebook, I argued, is a corporate autocracy, with Mark Zuckerberg at its helm.

Valuation 90

Valuation Advertising Numbers Investments 90

PYMNTS

NOVEMBER 20, 2017

And that the only function of economic forecasting is to make astrology look respectable. 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.

Retail 54

Retail Math Leverage Economics 54

PYMNTS

JUNE 14, 2018

Sizzle of the Week: Retail’s 2018 Rebound. Retail has had a rough couple of years, as most players that aren’t Amazon have struggled to cross the digital, omnichannel chasm. On the whole, with some notable exceptions, retail has landed on our Fizzle list more often than the Sizzle list in recent memory. Retail sales are up 5.9

Retail 43

Retail Sales Healthcare Economics 43

PYMNTS

JULY 5, 2018

As digital technology keeps bringing new efficiencies to transactions, and more consumers around the world turn to eCommerce for retail and other purchases, an accompanying trend is making life interesting for merchants and payment providers. The numbers back that up. Much of North America remains anchored to major-brand credit cards.

Retail 43

Retail eCommerce Invoicing Prioritization 43

PYMNTS

FEBRUARY 18, 2020

Walmart is in good company, of course – joining Macy’s, Kohl’s and Target on the roster of retailers that were seeking solid performance during the year’s most active and avid shopping season – and came up short. percent forecast. As for what comes next, full-year profits are forecasted to be between $5 and $5.15

Forecasting 53

Forecasting Sales eCommerce Retail 53

PYMNTS

MAY 8, 2020

But even the most enthusiastic futurist or technologist couldn’t have forecast that by the first week of May 2020 the world would no longer be going digital so much as gone digital in response to black swan events that radically hit reset on our working, commerce and personal lives nearly overnight.

Securities 97

Securities Forecasting eCommerce Retail 97

PYMNTS

OCTOBER 20, 2020

It’s just a week into the earlier-than-usual 2020 holiday selling season and already three facts are clarifying the retail picture: consumers are going to spend less overall, they are going to spend more time online and they don’t want to touch anything in the process. Some forecasts put total retail spending slightly ahead of last year.

eCommerce 63

eCommerce Retail Education Forecasting 63

PYMNTS

JULY 13, 2020

From telehealth to new financing options for patient treatments to big retailers like Walmart , Walgreens and CVS mashing up retail with healthcare, everyone from startups to incumbents are using the pandemic as an opportunity to disrupt — and reinvent — healthcare. Here’s a look at some of the latest developments. We’re in healthcare.

Healthcare 87

Healthcare Concentration Startups Retail 87

PYMNTS

NOVEMBER 1, 2017

Mastercard came out ahead of Wall Street’s forecasts when its Q3 earnings report hit the wires before the markets opened yesterday – notching a beat on both earnings and revenue, with significant growth in transaction volume and global market share. ” By The Numbers. Markets rewarded the good news with a 1.8 billion, from 1.18

Retail 45

Retail Securities Forecasting Marketing 45

Future CFO

MAY 21, 2020

Company leaders overwhelmingly pointed to an inability to forecast business performance beyond the very short term due to the uncertainty stemming from COVID-19, Gartner said. . Yet even looking at the very short term, most companies are not offering Q2 guidance either, the research firm pointed out.

Construction 40

Construction Forecasting Manufacturing Accounting 40

PYMNTS

MAY 20, 2019

Kiosks are increasingly becoming part of the retail landscape. As reported in the latest Unattended Retail Tracker , done in partnership between PYMNTS and WorldNet Payments, unattended retail is gaining traction worldwide, on the heels of growth in consumer demand and as employers look to increase their operating profits.

Retail 68

Retail Forecasting Leverage Sales 68

PYMNTS

JUNE 3, 2020

Last week’s home loan applications were up 5 percent compared to the previous week, representing the seventh consecutive week of rising numbers. Purchase applications continued their recent ascent,” said Joel Kan , MBA’s associate vice president of economic and industry forecasting. percent of total applications from 62.6

Economics 52

Economics Forecasting Marketing Securities 52

PYMNTS

MARCH 17, 2020

But hackers who “thrive off fear” can easily tap this upset and steal account numbers, passwords and other identifying information. study by epidemiologists forecasts that the coronavirus will cripple the availability of intensive care hospital beds.

Prioritization 52

Prioritization Forecasting Retail Numbers 52

PYMNTS

MARCH 17, 2020

But hackers who thrive on fear can easily tap this upset and steal account numbers, passwords and other identifying information. study by epidemiologists forecasts that the coronavirus will cripple the availability of intensive care hospital beds. Attorney General William Barr wrote in a Monday internal memo to all U.S.

Compliance 52

Compliance Forecasting Retail Numbers 52

PYMNTS

AUGUST 6, 2018

87 Billion: Projected number of annual mPOS transactions by 2023. 28 Billion: The number of mPOS transactions forecast for 2018. 352: The amount of money laundered each year through fake merchant accounts. 90: The number of days Apple was from bankruptcy when Steve Jobs took over as CEO.

Forecasting 64

Forecasting Sales Numbers Marketing 64

PYMNTS

SEPTEMBER 25, 2019

Data: 230 million: Number of U.S. consumers forecast to be shopping online by 2021. 5: Number of seconds it takes for funds to be credited to a recipient’s account under the Dutch Instant Payments System. C$70 million: Amount Trulioo has recently raised to build an interoperable identity platform.

Invoicing 51

Invoicing Forecasting Numbers Sales 51

PYMNTS

NOVEMBER 5, 2019

With Apple Pay, the actual card numbers are not stored on the device or Apple servers. Instead, a unique device account number is assigned, encrypted and securely stored. By the end of this year, that number is expected to increase to 30.3 million users and Google Pay is forecast to have 12.1 In 2018, some 27.7

Forecasting 40

Forecasting Securities Numbers Banking 40

PYMNTS

NOVEMBER 27, 2020

It’s one that’s difficult to predict, as evidenced by all of the conflicting holiday spending forecasts. We’ve worked with a lot of retailers this year to help them build curbside when they had no curbside at all as well as to create touchless payments experiences. And they did it really fast and I think that will be very compelling.”.

Retail 64

Retail Investments Forecasting Leverage 64

PYMNTS

OCTOBER 22, 2020

Some of the changes were pretty easily predicted – once the world of physical commerce was shut down by statute, one might have sensibly forecast that the race would go to the players who mostly swiftly pivoted to digital. million users access to checking and savings accounts. Klarna’s Growing Partner Roster .

Budgeting 77

Budgeting Retail Startups Valuation 77

PYMNTS

APRIL 3, 2020

Essential retail is starting to show some consistency as the acute phase of the COVID-19 crisis enters its second month. For example, forecasting sales and shipment allocations three months from now may be just as challenging as planning for the next two weeks.

Sales 52

Sales Manufacturing Forecasting Leverage 52

PYMNTS

FEBRUARY 10, 2017

After a subpar holiday shopping season, research firm Moody’s announced that it had revised down its forecast for the sector’s operating income. But leaner inventory levels and other efforts to boost earnings don’t appear to be sufficient, and as a result, we have lowered our 2016 forecast and become more cautious on 2017.”.

Prioritization 46

Prioritization Forecasting Leverage eCommerce 46

PYMNTS

JANUARY 31, 2017

The number of Mastercard cards increased 6 percent in the Americas in 2015, which compares to a 4 percent increase for Visa, but Visa still holds the spot as the largest card scheme in the region, reported RBR. According to RBR’s Global Payment Cards Data and Forecasts to 2021 study, Visa had 43 percent of the 2.9 during 2015.

Forecasting 44

Forecasting Accounting Numbers Retail 44

PYMNTS

NOVEMBER 4, 2020

did strong Q3 numbers, with PYMNTS reporting that “Alphabet said search and other advertising revenues rose 6 percent year over year to $26.3 Marketing on sites such as Rakuten and TikTok is forecasted to rise 18.3 Approximately two in 10 — or 17 percent — indicate they will shop only in physical retail stores.

Sales 70

Sales Advertising Profit and Loss Budgeting 70

PYMNTS

AUGUST 6, 2020

5) in its total number of buyers, sellers and gross merchandise sales as COVID drove consumers to its platform to purchase face masks and other items. Those accounted for 14 percent of total gross merchandise sales on Etsy’s marketplace.). Online crafts giant Etsy Inc. reported huge Q2 gains Wednesday (Aug.

Sales 71

Sales Forecasting eCommerce Numbers 71