PYMNTS

JUNE 2, 2020

As consolidated same-store sales dropped nearly 30 percent fueled by temporary store closures due to the coronavirus, Dick’s Sporting Goods reported that eCommerce sales jumped 110 percent in the first quarter of 2020 compared to the first quarter of last year. Net sales for the first quarter were roughly $1.33

eCommerce 52

eCommerce Sales Forecasting Retail 52

PYMNTS

MAY 17, 2018

In particular, the big-box retailer reported strength in sales, consumer spend, inventory reduction, eCommerce activity and growth in its grocery business, according to CNBC reports. We also have new brands in eCommerce, including the partnership with Lord & Taylor, so there are a lot of different things driving growth there.”. “We

eCommerce 40

eCommerce Forecasting Sales Numbers 40

PYMNTS

NOVEMBER 20, 2019

And while Walmart or Amazon might argue with Target’s characterization of its fulfillment options in terms of convenience and ease as “unmatched,” the numbers on the page today are much, much harder to argue with. a share forecast pre-release. billion — again beating forecasts for $18.49 percent growth forecast.

eCommerce 40

eCommerce Forecasting Math Retail 40

PYMNTS

SEPTEMBER 16, 2016

15) revealed that the eCommerce market took a small dip in sales during the third quarter. percent in August, which is a healthy gain for the quarter, it’s still not as strong as last quarter’s numbers, Internet Retailer reported. Q2 saw eCommerce sales increase by 15.8 Department of Commerce on Thursday (Sept.

eCommerce 71

eCommerce Retail Sales Economics 71

PYMNTS

NOVEMBER 15, 2018

As was the case in the previous quarter, eCommerce sales and grocery were big winners for Walmart, and same-store sales logged their 16th consecutive quarter of growth. percent analysts were forecasting. Walmart’s shares, despite strong numbers, were still trading down post-earnings. percent, better than the 3.1

Forecasting 46

Forecasting Currencies Economics eCommerce 46

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

PYMNTS

FEBRUARY 8, 2017

billion in the last quarter of 2016, that number fell short of Bloomberg’s $4.27 As such, the company has decided to shift to an eCommerce focus via the creation of an enterprise-wide eCommerce division. Even though total sales for Newell Brands reached $4.14 billion sales prediction.

eCommerce 49

eCommerce Forecasting Retail Sales 49

PYMNTS

DECEMBER 17, 2019

The company posted fiscal Q3 earnings results, missing earnings expectations as a result of weak international economic demand hurting sales , and ramped up courier investment challenges in handling the rise in eCommerce deliveries this holiday season. We’d characterize these numbers as weaker than even the most bearish estimates.”.

Forecasting 52

Forecasting eCommerce Sales Economics 52

PYMNTS

NOVEMBER 16, 2020

US Economic Forecasts Grim Amid Escalating COVID-19. continues to post an alarming increase in the number of new COVID-19 cases without word of any additional government stimulus. The all-cash deal gives PNC the U.S. unit of Spain-headquartered BBVA. The new combined bank will be the fifth-largest retail bank in the country.

Economics 57

Economics Forecasting Education Accounting 57

PYMNTS

NOVEMBER 17, 2016

For the third quarter in a row Walmart has beaten analysts’ predictions on revenue and marked same-store sales increases (a difficult magic trick in retail these days) — and in Q3 the company also had some more than solid growth in eCommerce lines and on the global scene. By The Numbers . forecast for the quarter. a share, $0.02

eCommerce 63

eCommerce Forecasting Sales Retail 63

PYMNTS

FEBRUARY 8, 2017

As such, it’s no wonder retailers are starting to focus their efforts on eCommerce at a larger rate. The latest large retailer to make the leap over to the eCommerce side is Newell Brands. Here are the numbers: $4.14 1 billion | Newell Brands’ 2016 eCommerce revenue. billion | Full-year sales forecast for Newell Brands.

eCommerce 41

eCommerce Forecasting Sales Retail 41

PYMNTS

SEPTEMBER 16, 2016

ECommerce sales were better than expected in Q2 but dipped in the third quarter, according to Internet Retailer. Matthew Shay, president and CEO of the NRF, cited easing wage stagnation, increasing employment and consumer confidence as factors influencing eCommerce growth. Earlier projections had predicted slower growth for 2016.

eCommerce 62

eCommerce Retail Forecasting Sales 62

PYMNTS

JANUARY 6, 2021

In September, PYMNTS reported that the market, like many others, was beginning to shift into a digital mode for more eCommerce ability, according to Chief Digital and Innovation Officer Darren MacDonald. eCommerce was a fast-growing channel for pet-related shopping even before the pandemic, making $12.2

Valuation 102

Valuation eCommerce Forecasting Numbers 102

PYMNTS

FEBRUARY 14, 2018

Here are the numbers: $17 billion | Value of the Mexican eCommerce market. 39 | Number of global payments and commerce industry leaders who added their responses to the question “What’s next for 2018?” for PYMNTS’ 2018 Forecast eBook.

eCommerce 40

eCommerce Forecasting Numbers Technology 40

PYMNTS

JANUARY 22, 2019

Mobile is expected to comprise more than half of eCommerce in the coming years. Online retailers are forecasted to open hundreds of stores, and Brandless has rolled out a subscription service. Data: 850: The number of stores online retailers are forecasted to open from this year until 2023. All this, Today in Data.

Forecasting 66

Forecasting eCommerce Retail Numbers 66

PYMNTS

SEPTEMBER 29, 2020

Government-mandated store closures, social distancing requirements and increases in eCommerce only piled onto the problems brick-and-mortar stores were already having. 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

SEPTEMBER 27, 2020

The number of shares to be sold and the price range haven't been determined yet, the release stated. It found that the desire for such social shopping has fueled brand discovery and eCommerce transactions. Poshmark , the used clothing platform, has filed to go public, according to a press release.

Forecasting 109

Forecasting eCommerce Securities Sales 109

PYMNTS

AUGUST 8, 2018

As eCommerce and delivery companies fight an increasingly tough battle to streamline costs and compete for customers, a number of firms are moving to take control over logistics and distribution, as the cost savings and efficiencies can help accelerate growth and lower the expense of making final delivery to the customer.

eCommerce 43

eCommerce Transportation Manufacturing Forecasting 43

PYMNTS

NOVEMBER 17, 2020

billion, missing forecasts but still up for the sixth consecutive month, according to the monthly U.S. A Bloomberg survey forecasted a 0.5 September retail numbers were up 1.6 In September, numbers from the Commerce Department showed that retail sales increased in every category, up 1.9 billion, and surpassing forecasts.

Sales 53

Sales Retail Forecasting Numbers 53

PYMNTS

JULY 29, 2020

PayPal said that in addition to the overall company’s record performance, Venmo put up all-time-best numbers as well. Rainey said PayPal is also continuing efforts “around expanding the Pay with Venmo in an eCommerce setting.”. That was well ahead of analysts’ consensus forecasts of 87 cents a share, according to MarketWatch.

Forecasting 84

Forecasting Currencies Entertainment eCommerce 84

PYMNTS

DECEMBER 28, 2020

With Mastercard putting a 49 percent tag on the eCommerce spike for the holidays, this year will be the toughest on record for handling what is a resource- and capital-intensive task. In a worst-case scenario forecast, according to commercial real estate firm CBRE, the take will be much lower at about $70.5

Retail 86

Retail Auditing eCommerce Forecasting 86

PYMNTS

AUGUST 17, 2020

What we see in those numbers are the glimmers of a “V-shaped” recovery in those segments where consumers really value and want to return to the physical retail experience – with restaurants leading every other sector. Using those models, the trailing 12-month, non-adjusted, online retail sales numbers show an increase of 31.4

eCommerce 134

eCommerce Retail Sales Numbers 134

PYMNTS

OCTOBER 6, 2020

In the age of eCommerce, chargebacks are on the rise. That amount is leagues above the original forecast of $225,000. Jankowski noted that the pandemic had played havoc with a significant number of merchants. Leveraging advanced technologies like 3-D Secure and tokenization add more levels of protection amid the eCommerce boom.

Communication 82

Communication eCommerce Education Forecasting 82

PYMNTS

FEBRUARY 18, 2020

percent forecast. For fiscal 2021, the retailer expects that growth to slow, with eCommerce growth clocking in closer to 30 percent. As for what comes next, full-year profits are forecasted to be between $5 and $5.15 It’s too difficult to tell at this early stage exactly how to forecast it,” he said about the Coronavirus. “We

Forecasting 53

Forecasting Sales eCommerce Retail 53

PYMNTS

MARCH 30, 2020

Even eCommerce sales have slowed to a below-average pace. While the government numbers were conservative about eCommerce growth, other forecasts are more bullish. The survey found that retailers expect to allocate £1.198m on eCommerce projects in 2020, but almost a third will miss key objectives.

Retail 56

Retail eCommerce Budgeting Sales 56

PYMNTS

OCTOBER 14, 2020

The big “day” is finally here — well, big two days to be technically accurate, as Amazon Prime Day, the eCommerce giant’s annual shopping holiday, is now a 48-hour event that began Tuesday (Oct. And the two-day event is this year performing a very different service than it does normally. billion predicted for Prime Day 2020 global sales, $6.17

Forecasting 72

Forecasting Restructuring Sales eCommerce 72

The Finance Weekly

NOVEMBER 8, 2022

As the number and quality of software tools increases, companies are constantly looking to find better ways to cut down on manual work and increase efficiency. Finance is responsible for a large number of critical operations in a business. Finance is responsible for a large number of critical operations in a business.

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) Finance Accounts Payable Invoicing 98

PYMNTS

FEBRUARY 18, 2020

News also recently surfaced, however, that IKEA is expected to shutter a British location, as the merchant says the store had a “substantially lower” number of shoppers than first forecast.

Currencies 79

Currencies Forecasting eCommerce Retail 79

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.

Startups 88

Startups eCommerce Forecasting Banking 88

PYMNTS

DECEMBER 2, 2019

Cyber Monday is tracking to break eCommerce records and possibly go down in history as the biggest day ever for online sales in the U.S., Conversely, Adobe Analytics showed that eCommerce sales set new records. Sales were up 70 basis points, above the 30 basis points that economists had forecast. billion on Black Friday. .

Sales 56

Sales eCommerce Retail Forecasting 56

PYMNTS

JUNE 19, 2020

However the digital shift at retail has focused mainly on general eCommerce surges. The Liftoff report finds that eCommerce in general is growing five times faster than offline sales. Mobile is the main driver for that and will be responsible for almost 75 percent of all eCommerce transactions by 2021.

eCommerce 70

eCommerce Retail Forecasting Sales 70

PYMNTS

APRIL 5, 2019

Millennials have been unloading Tesla shares a week before the company revealed disappointing Q1 delivery numbers. Within the past week, a net 5,600 accounts on trading app Robinhood , which is popular with millennials, left their Tesla position, with the number of accounts holding the automaker’s shares falling by more than 4 percent.

Forecasting 50

Forecasting eCommerce Numbers Sales 50

PYMNTS

NOVEMBER 12, 2020

We have a number of solutions across markets, such as India, Southeast Asia and China, where cross-border payments have been brought down to effectively automated interactions that do two things: removing the need for paper as well as the ability to connect to customs and regulatory databases, both in a fully compliant manner,” he added.

Treasury 118

Treasury Cash Flow Forecasting Reconciliations Prioritization 118

PYMNTS

MARCH 11, 2020

Storefronts that provide services have exceeded the number of those offering clothes and other merchandise. Per a JLL report, the number of service-based retailers rose 20.5 According to the report, stores must provide some value-added offering that can’t be obtained on the web, as an increasing number of consumers shop via eCommerce.

Retail 52

Retail Forecasting eCommerce Numbers 52

PYMNTS

FEBRUARY 14, 2020

The retail chain has encountered slumping sales and a competitive field from eCommerce, as well as big-box retailers, The Wall Street Journal reported. Winter weather that was somewhat warm also hurt as demand for sweatshirts, as well as boots, was not as strong as forecast. The number one option is that we maintain the company.”.

Sales 52

Sales Restructuring Forecasting Retail 52

PYMNTS

JANUARY 15, 2021

billion, surpassing its forecast of sales between $755.3 For the first time, consumers spent over $1 billion each day during the holiday season, a sign that the digital shift is here to stay, although it brings with it a surge in eCommerce returns. The NRF had forecasted a jump of 20 percent to 30 percent, or sales of between $202.5

Sales 52

Sales Forecasting Entertainment Retail 52

PYMNTS

SEPTEMBER 19, 2018

Amazon is forecast to reach the number three spot among sellers of digital ads in the U.S. That would put the eCommerce giant ahead of Verizon Communication’s Oath and Microsoft, although it is still far behind Google and Facebook , noted the report. this year, according to market research firm eMarketer.

Advertising 51

Advertising Sales Forecasting eCommerce 51