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

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

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 Startups 133

PYMNTS

NOVEMBER 5, 2020

This in a week that has seen news reports that the world’s largest retailer has terminated its contract — and a 3-year-old automated shelf-stocking experiment — with San Francisco’s Bossa Nova Robotics , having found that existing “human” employees were able to do the same work just as well. Not Just Walmart.

Retail 108

Retail Advertising Planning Technology 108

PYMNTS

JUNE 29, 2020

The companies, ranging from restaurants to rental companies and retailers, have not seen any of the “dry powder,” or the money that the private equity owners have committed to funds that haven’t yet been spent. trillion, a record number, as of June, WSJ reported. The worldwide pile was at around $1.45 Ares Management Corp.,

Investments 69

Investments Retail Numbers 69

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

JUNE 10, 2020

In investments, retail dispute management firm Chargeback closed a funding round to speed up growth and to help retailers reduce credit card disputes. And in tech, the future of retail may include mobile scanning. 45M: Approximate number of Americans who will go on a weight loss diet this year.

Retail 60

Retail Technology Investments Numbers 60

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

AUGUST 6, 2020

Real estate trends for retailers are back in the news this week, as the pandemic-driven brick-and-mortar market starts to produce new business models and a fair amount of stability. The new business model involves leasing options for the retail sector. retail portfolio valued at $5.9 Example: One of the U.K.’s which owns 32.5

Retail 61

Retail CFO Investments Economics 61

PYMNTS

JUNE 7, 2019

The headline numbers are these: The latest jobs report shows that 75,000 jobs were created in the United States last month. But it is that headline number that is in focus, sending stocks soaring, at least as of this writing, up about 80 basis points. A slew of economists, as noted by Bloomberg , expected a gain of 175,000 jobs.

Numbers 46

Numbers Healthcare Retail Sales 46

PYMNTS

SEPTEMBER 16, 2020

Sharing economy providers are investing in digital identity verification offerings to keep their users safe. And in retail, companies in the organic mattress space are running on a tri-brid business model that covers direct to consumer (D2C), third-party retail distribution and owned retail locations.

Retail 56

Retail Banking Numbers Accounting 56

PYMNTS

SEPTEMBER 15, 2020

China saw retail sales increase last month for the first time since the COVID-19 outbreak, another sign of the country’s wider recovery. The latest numbers were a surprise as economists had predicted retail sales would be flat. The latest numbers were a surprise as economists had predicted retail sales would be flat.

Sales 64

Sales Retail Economics Forecasting 64

PYMNTS

OCTOBER 5, 2018

One of the new realities of augmented reality is this: the technology is attracting more investment from China than from sources in North America. According Digi-Capital , which tracks AR investments, China-based funding for augmented reality and computer vision technologies hit $3.9 Investment Shift.

Investments 79

Investments Technology Manufacturing Retail 79

PYMNTS

OCTOBER 8, 2020

41%: Portion of banks focusing their investments on KYC automation. 2.2B: Number of consumers targeted with COVID-19-related phishing schemes. Data: $509: Average amount that millennials spent on Black Friday in 2019. 67%: Share of shoppers still concerned about the health risk of returning to pre-pandemic shopping behaviors.

Retail 93

Retail Investments Numbers Banking 93

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

PYMNTS

MARCH 6, 2020

But how does it look by the numbers? The typical American household spends $65,960 per year, the largest share of which goes toward retail spending — 30.8 percent of total consumer retail sales as of 2019 and nearly half (49.4 eCommerce retail sales. gross retail sales were $86 billion. percent) of all U.S.

Numbers 77

Numbers eCommerce Healthcare Sales 77

PYMNTS

APRIL 29, 2020

New developments are focusing on supply chain, government activity and infrastructure to improve the customer experience as post-pandemic retail finds its legs. Retailers that sign up for the new program will receive discounts of up to 40 percent on FedEx Ground and 50 percent on FedEx Express services.

Retail 61

Retail eCommerce Economics Investments 61

PYMNTS

MARCH 7, 2017

With the popularity and convenience of online shopping, it’s no surprise more retailers are looking to invest in various technologies to help provide a better in-store experience. In Zebra Technologies’ 2017 Retail Vision Study , it was found that a majority of retail decision makers are planning to invest in IoT.

Investments 43

Investments Retail Technology Planning 43

PYMNTS

JANUARY 24, 2019

Before consumers started to trade brick-and-mortar shopping experiences for eCommerce websites, retailers could bring customers through their doors with window displays. According to the PYMNTS Virtual Reality In Retail Report , there are expected to be 100 million AR/VR headset users by 2022.

Retail 81

Retail eCommerce Forecasting Technology 81

PYMNTS

FEBRUARY 3, 2020

Consumers are firing brick-and-mortar retailers from the jobs they held years and decades before. To get their shopping jobs done, consumers are now hiring retailers that make it convenient to do business – anywhere, anytime, through any channel and on their terms. But it’s more than that.

Retail 69

Retail Sales Investments Budgeting 69

PYMNTS

AUGUST 13, 2020

Off-price specialty retailer Stein Mart, Inc. filed for Chapter 11 bankruptcy in the United States Bankruptcy Court for the Middle District of Florida, Jacksonville Division amid a challenging retail climate and the pandemic, the company said in a statement. In July, Ascena Retail Group, Inc.

Retail 58

Retail Restructuring Sales Securities 58

PYMNTS

SEPTEMBER 21, 2020

Quick-service restaurants (QSRs) have bolstered their mobile investments in recent times, particularly when it comes to mobile order-ahead functions. And in retail, Amazon ’s sales of clothing and apparel have been on the uptick in the past few years. 45.6M: Expected number of U.S. All this, Today in Data.

Retail 59

Retail Technology Sales Investments 59

CFO Thought Leader

APRIL 11, 2023

And so we brought this company in, and we’re explaining to people what it can do the data, how it helps people understand the mass mean, think about an analyst on earnings day, if you cover the retail sector, you know, those earnings all happen in a condensed period of time. And you may have 25, different earnings reports that come out.

CFO 52

CFO Investments Leadership B2B 52

PYMNTS

DECEMBER 29, 2020

parent company of luxury online retailer Mytheresa , announced that it's filed a registration statement with the SEC for an initial public offering (IPO), according to a press release. The number of those shares to be offered is still up in the air, as is the price range, according to the release. MYT Netherlands Parent B.V.,

Retail 63

Retail Valuation Sales Securities 63

PYMNTS

OCTOBER 15, 2018

A new study is predicting that Internet of Things (IoT) technologies will see a major boost in investment over the next five years, mostly due to projects in inventory and supply chain management. billion by 2023 — making up more than a quarter of the total investment for that year. billion in 2017. billion in 2017. billion by 2023.

Investments 68

Investments Forecasting Securities Retail 68

PYMNTS

SEPTEMBER 1, 2020

When speaking with Tai Lopez , the executive chairman of one of the more disruptive retail companies in the pandemic period, it could be expected that the conversation would center around one topic: retailing. But that hasn’t stopped the whisper machine surrounding the retail industry from doubting his methods or business model.

eCommerce 57

eCommerce Retail Valuation Securities 57

PYMNTS

JUNE 18, 2020

Consumers want to invest in high-end items and home improvement projects to enhance their surroundings even amid economic concerns. is comprising nearly half of the retail growth in the U.S. 85%: Proportion of retail sales that stores accounted for as of 2019. 9M: Number of customers Afterpay has attracted since its U.S.

Retail 52

Retail eCommerce Economics Sales 52

CFO News

MARCH 14, 2024

“ITC is transforming itself, making a number of investments and divesting the hotel business which we supported. He was talking at the UBS Global Consumer and Retail Conference early hours of Thursday. We want to have a say in those decisions. We are very happy to keep our shareholding on that level,” Marroco said.

Retail 52

Retail Investments Numbers 52

PYMNTS

DECEMBER 18, 2019

Retail analysts expect this year’s Super Saturday to surpass all other days in 2019. The president at retail consultancy Customer Growth Partners, Craig Johnson, said he expects that day to see spending of around $34 billion this year. .

Sales 52

Sales Retail Forecasting Investments 52

PYMNTS

MAY 27, 2020

retail reopening. Most reports of mall reopenings and other retail post-pandemic debuts in the U.S. The station also reported that retailers who did see crowds followed strict guidelines. Employees wore masks and allowed only a limited number of customers in the store. Revenge shopping will not be a factor in the U.S.

Retail 57

Retail Communication Leverage eCommerce 57

PYMNTS

SEPTEMBER 8, 2020

One of the overlooked elements from the retail earnings reports of recent weeks is inventory levels. With more dramatic numbers like eCommerce spikes and same-store comp sales decreases available, inventories are easy to miss. 10 that number had improved to 41 percent. For example, Macy’s Q2 net sales fell from $5.55

Retail 52

Retail Sales Forecasting eCommerce 52

PYMNTS

NOVEMBER 9, 2020

The mall and outlet center real estate investment trust managed to post a profit despite a 91 percent occupancy rate and collecting on only 85 percent of its rents. By the numbers for Q3 Simon posted net income of $145.9 Simon Properties continues to defy the odds, posting a pandemic-depleted but profitable quarter Monday (Nov.

Retail 67

Retail Sales Forecasting Investments 67

PYMNTS

DECEMBER 22, 2020

Nike has long been developing a digital-first, direct-to-consumer (D2C) presence long before COVID-19 hit, and that investment paid off in the firm’s fiscal Q2. Data: 78M : Number of consumers who want access to rewards programs via mobile apps. 6.2M : Number of active buyers on the Poshmark site as of Sept.

Retail 57

Retail Numbers Investments Sales 57

PYMNTS

JUNE 24, 2019

Retailers are getting smarter about artificial intelligence (AI), and the latest example of that innovative effort comes from Walmart. According to a new report , the retail chain, hoping to reduce checkout theft, is turning to cameras powered by AI, with deployments underway in some 1,000 stores.

Retail 73

Retail Leverage Technology Investments 73

PYMNTS

MARCH 23, 2020

But for non-essential retail, stepping up takes more commitment, risk and money. It’s in the non-essential category that true retail heroes are showing up amid the coronavirus pandemic. 1: In Detroit Bedrock LLC real estate company is giving free rent for the next three months to its small-business retail and restaurant tenants.

Retail 66

Retail Transportation Leadership Securities 66

PYMNTS

OCTOBER 29, 2020

The company also pointed to several new features as it continues to be position itself as an accessible promotional and shopping platform for retailers. We also investing in improving the shopping experience in Search to help people find the best product and price available from a large range of merchants,” he said.

Retail 61

Retail Advertising Budgeting Investments 61

PYMNTS

DECEMBER 13, 2019

To provide retail consumers in China with a new widely available and streamlined investment advisory service, Vanguard and Ant Financial Services Group announced a partnership. They will have a minimum investment of approximately USD 113 or RMB 800. Alipay serves more than 1.2

Investments 53

Investments Cash Management Technology Finance 53