PYMNTS

NOVEMBER 2, 2020

In August, PYMNTS reported that China's testing of the digital yuan was focused on retail, specifically on small transactions and excluding much larger ones. He said they now have to balance customer safety with the convenience of using the bank's services. In October, PBOC made the decision to issue 10 million yuan ($1.5

Concentration 116

Concentration Currencies Banking Retail 116

PYMNTS

OCTOBER 23, 2019

French retailer Casino announced that it has raised €1.5 This strengthening of the capital structure will allow the group to fully concentrate on reaching its operating, financial and strategic objectives, as well as on executing its asset-disposal plan,” Casino said, according to the Financial Times. billion ($1.67

Retail 40

Retail Concentration Banking Planning 40

PYMNTS

FEBRUARY 14, 2019

Two tech companies and a food brand have teamed up to develop a virtual reality (VR) headset that uses eye-tracking tech to determine the best way that retailers should stock products on shelves, according to a report by VentureBeat. The headset lets retailers track where the wearer looks when walking down the aisles of a virtual supermarket.

Retail 49

Retail Concentration Sales Numbers 49

PYMNTS

NOVEMBER 16, 2018

The retailer also offers a Shop The Look service in the store that allows customers to scan a quick-response (QR) code to find out the size and available colors of the items displayed on a mannequin. In Other Brick-And-Mortar Retail. The retailer’s comparable sales slid by 5.4 billion fell in line with analyst estimates of $5.41

Retail 60

Retail Concentration Forecasting Technology 60

PYMNTS

NOVEMBER 12, 2020

The COVID-led commercial real estate crunch is also having a major impact on retail properties. The retail market has been under stress for several years, because of, you know, online sales and that sort of thing. retail sector hit an average of 20 percent in the second quarter, up from 9 percent when 2020 began.

Banking 91

Banking Concentration Financial Systems Retail 91

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

Barry Ritholtz

DECEMBER 12, 2023

Institutional Investor ) • Retail Group Retracts Startling Claim About ‘Organized’ Shoplifting : The National Retail Federation had said that nearly half of the industry’s $94.5 billion in missing merchandise in 2021 was the result of organized theft. It was likely closer to 5 percent. ( It was likely closer to 5 percent. (

Profit and Loss 52

Profit and Loss Concentration Benchmarking Retail 52

PYMNTS

JANUARY 26, 2021

Ariel AI had been concentrating on a type of AI called computer vision, which is used to develop augmented reality (AR) functionalities, CNBC reported. The news comes as virtual reality (VR) and AR are beginning to make larger gains in the retail world. Artificial intelligence (AI) technology company Ariel AI has been acquired by Snap.

Startups 77

Startups Concentration Leverage Retail 77

CFO News Room

FEBRUARY 6, 2022

Growth in employment continued in leisure and hospitality, professional and business services, retail trade, and transportation and warehousing. economy added 467,000 nonfarm payroll jobs in January 2022, as the unemployment rate rose marginally to 4.0%. Job growth was much stronger than the estimate of 150,000, as compiled by Dow Jones.

Benchmarking 130

Benchmarking Transportation Concentration Numbers 130

PYMNTS

FEBRUARY 1, 2019

Beyond the pop-up shop, the retailer is opening a “Studio of Dreams” Super Bowl Content Studio on the same block. And, on the fourth floor, the company said it has the “largest concentration of seasonally current Nike footwear anywhere in the globe.”. It makes that purchasing much easier.” In Other Brick-And-Mortar News.

Retail 50

Retail Planning Concentration eCommerce 50

PYMNTS

SEPTEMBER 29, 2020

The spikes were especially concentrated in the south Brooklyn and Queens neighborhoods with large Orthodox Jewish communities observing Yom Kippur. Theatergoers' absence is having ripple effects on the rest of the economy — without them traveling to come to the city, restaurants and retailers are seeing less revenue, too.

Concentration 89

Concentration Forecasting Retail 89

PYMNTS

FEBRUARY 23, 2020

Adamson also has experience as a retail lender, chairing the risk committee at Virgin Money until last November. However, the competitive landscape is still concentrated and the market could be upended by a player with more financial pull and lending power. ” Goodbody analyst John Cronin told the F.T.

Banking 102

Banking Concentration Securities Retail 102

Future CFO

DECEMBER 21, 2023

Shorten your supply chains and avoid concentration in one geographic region. Think of the retail shift to online when Covid-19 shut down bricks and mortar establishments overnight. Always evaluate your client’s creditworthiness before signing agreements. Go digital as much as possible to make “pivoting” easier.

Profit and Loss 52

Profit and Loss Concentration Benchmarking Invoicing 52

PYMNTS

NOVEMBER 13, 2019

The sneaker and sports apparel company said it is going forge new retail partnerships and concentrate on its direct business. We will continue to invest in strong, distinctive partnerships for Nike with other retailers and platforms to seamlessly serve our consumers globally.”.

Concentration 81

Concentration eCommerce Retail Sales 81

PYMNTS

AUGUST 27, 2020

Walmart is selling two of its online brands in a continuing goal to concentrate on its website. 27) that the Arkansas-based retail giant is scrapping Shoes.com and Bare Necessities, the intimate apparel brand. Bloomberg reported Thursday (Aug. Also last year, Walmart shuttered its Jet.com eCommerce website and phased out the brand.

Concentration 57

Concentration Advertising eCommerce Manufacturing 57

PYMNTS

JUNE 13, 2017

It has advantages for retailers, too. Data Enabler VoltDB helps retailers carry that load, with broad, deep, and most importantly, fast data reporting that enables them to adapt to fluctuating inventory needs on the fly. A recent trend in retail is the increased use of buy online and pickup in store (BOPIS).

Retail 44

Retail Concentration Advertising eCommerce 44

PYMNTS

FEBRUARY 24, 2020

Target ’s strategy to concentrate on its eCommerce business has moved the big-box retailer to the No. While growth is strong for Target’s eCommerce business, QVC and HSN owner Qurate Retail Group have dropped. While growth is strong for Target’s eCommerce business, QVC and HSN owner Qurate Retail Group have dropped.

eCommerce 60

eCommerce Sales Concentration Retail 60

PYMNTS

AUGUST 7, 2018

He said the company’s pilot program, which initially sold meal kits in 17 Costco stores and has expanded to 80 locations within three months, has “further validated to us the power of Costco’s retail platform.” Retailers have realized that consumers still like to come into stores,” Kilcourse said.

Retail 40

Retail eCommerce Concentration Startups 40

CFO Share

AUGUST 10, 2023

Are multiple sales channels apparent in the revenues, such as wholesale, retail, and e-commerce? Is the business concentrated within one channel or product? To interpret revenue, ask the following questions: Do sales come from a diverse array of products and services, or just one specialty?

Concentration 40

Concentration Budgeting Sales Accounting 40

PYMNTS

JULY 15, 2020

Consumers were already changing their retail preferences before anyone had heard of COVID-19, let alone had their life utterly upended by it. This vastly accelerated retail realignment presents challenges — and opportunities — for retailers of all kinds, particularly those dealing in luxury goods, Molnar said.

Concentration 82

Concentration Retail Forecasting Investments 82

PYMNTS

OCTOBER 12, 2020

Merchants thus need to move quickly to keep payment details protected as consumers shift their business online, explained Ben Groom , chief digital officer for furniture and home goods retailer Herman Miller. Payments And The Future Of Retail . Shifting Payment Behaviors And Fraud .

Concentration 79

Concentration Retail Leverage Entertainment 79

PYMNTS

JUNE 4, 2019

To change the way consumers buy home cleaning products, eCommerce companies are allowing consumers to purchase eco-friendly concentrates through the refill business model. Reed’s company works with a firm that creates concentrates for a product that is suitable for use in the home. You don’t have to touch the concentrate.”

Concentration 59

Concentration Planning eCommerce Numbers 59

Future CFO

AUGUST 3, 2023

Eyewear retailer Lenskart, also based in India, rounded out the largest 5 deals with a $600 million round. After Stripe, Singapore-based online marketplace startup Shein raised the next largest deal ($2 billion), followed by US artificial intelligence startup Inflection ($1.3

Investments 52

Investments Concentration Startups Education 52

PYMNTS

JUNE 25, 2018

Of the 41 percent of consumers who we reported still concentrate their grocery spend predominantly online, more than a third of those physical shoppers (37 percent of the 41 percent) visit multiple stores in search of “deals” and products not found at their main “go-to” store — and two-thirds of millennials do. Prime for a Payments Switch.

Retail 62

Retail Sales Accounting Concentration 62

PYMNTS

SEPTEMBER 14, 2020

In a year that will see more than 25,000 retail stores blink out of existence, with an estimated 16,000 restaurants having closed permanently by August, people could use some upbeat news. It’s out there. Signs of economic recovery are visible, as are inspiring stories of SMBs successfully adapting and reinventing post-pandemic.

Concentration 90

Concentration Economics Retail Technology 90

PYMNTS

MARCH 16, 2020

All retailers are facing unprecedented pressures from the current situation, and we are managing our operations to minimize risks to colleagues and customers whilst — as far as possible — trading as normal,” a spokesperson said. “We The company employs about 20,000 people in the country.

Concentration 56

Concentration Restructuring Leadership Retail 56

PYMNTS

APRIL 10, 2020

Costco is among the strongest retail brands and there is no better example of the company’s unique position than the flood of visitors in the early stages of the coronavirus,” Ethan Chernofsky of retail intelligence company Placer.ai The company generates positive gross margins on its retail sales. And with a stunning 90.9

eCommerce 63

eCommerce Sales Concentration Retail 63

PYMNTS

NOVEMBER 5, 2019

The company is instead going to concentrate on its cross border business-to-business payments solution. Nanu told Bloomberg Nium will concentrate its efforts on cross-border payments and go after an electronic money institution license in Mexico and Brazil. So far, no one else has backed out.

Banking 40

Banking Concentration Startups eCommerce 40

PYMNTS

MARCH 26, 2020

It is a look at what the retail industry can expect as other essential retailers report results as March closes. Beginning in mid-March, the company experienced what it says was “an even stronger surge in traffic and sales, with category mix heavily concentrated in the Essentials and Food & Beverage categories.”

Concentration 52

Concentration Entertainment Retail Sales 52

PYMNTS

MARCH 18, 2020

Amazon is concentrating on selling and shipping coronavirus-related products like household staples and medical supplies, making sellers of other goods nervous, CNBC reported on Wednesday (March 18). A drop in sales is already causing some merchants to lay off workers.

Prioritization 57

Prioritization Concentration eCommerce Sales 57

PYMNTS

SEPTEMBER 18, 2020

Shoppers are settling into a new retail normal — one that features seamless service — during the ongoing pandemic. They have boosted their use of mobile and online tools to make purchases of all sizes, leaving retailers racing to promote their products across digital channels as well as in their brick-and-mortar storefronts.

Concentration 63

Concentration Retail eCommerce Leverage 63

PYMNTS

JULY 19, 2019

Ascena Retail Group has announced it is closing 53 additional Dressbarn stores by the end of August. The news follows the May announcement that Ascena planned to shutter approximately 650 Dressbarn stores in order to concentrate on the company’s more profitable brands, including apparel chains Loft and Ann Taylor.

Concentration 43

Concentration CFO Retail Planning 43

PYMNTS

JANUARY 27, 2020

The Department of Justice has been meeting with retailers and farmers about how the deal would be received, and how it would affect competition in the industry. “We A couple of farm groups have expressed concern that the deal would concentrate milk buyers in different parts of the country.

Concentration 60

Concentration Securities Sales Retail 60

PYMNTS

NOVEMBER 20, 2020

Consistent payments between buyers and sellers enable merchants to concentrate on sales without needing particular payment acceptance capabilities. Keala Gaines , head of global payments services for eBay, said in a June PYMNTS interview that the acceleration of digital payments worldwide has helped it grow across 100 countries.

Concentration 98

Concentration Sales Accounting eCommerce 98

PYMNTS

DECEMBER 5, 2019

Economist Michelle Meyer led the group of analysts who performed the study, and she said more consumers were moving toward online shopping instead of concentrating as much at spending specifically on Black Friday. Early purchases were up 14 percent from last year, and shopping at traditional retailers was up 2 percent.

Sales 55

Sales Concentration Banking Retail 55

PYMNTS

DECEMBER 5, 2019

Economist Michelle Meyer led the group of analysts who performed the study, and she said more consumers were moving toward online shopping instead of concentrating as much at spending specifically on Black Friday. Early purchases were up 14 percent from last year, and shopping at traditional retailers was up 2 percent.

Sales 52

Sales Concentration Banking Retail 52

PYMNTS

OCTOBER 28, 2020

Traditional retailers scrambled to adjust to a digital-only world. EBA has been proactive in this regard in putting forward guidance to financial service firms on mitigating risk concentration with cloud infrastructure in the European market. A Permanent Shift for Payments.

Technology 73

Technology Concentration Banking Retail 73