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

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. The COVID Effect. Not Just Walmart.

Retail 108

Retail Advertising Planning Technology 108

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

JANUARY 27, 2020

Retail keeps embracing numerous new technologies, and biometrics is not only one of them, but an area of recent growth and development, including via some of the biggest names in commerce. Take Amazon, which continues to expand its brick-and-mortar retail footprint, and the technology underlying those stores. Amazon Plans.

Retail 105

Retail Technology Planning Sales 105

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

OCTOBER 7, 2016

Neil Blumenthal, Warby Parker’s CEO, said a future with 800–1,000 physical stores is within the realm of the possible, while Bonobos Founder Andy Dunn said he plans to have 100 stores by 2020. “As By the end of the year, its CEO would like to see that number go up to 50.

Retail 60

Retail Planning eCommerce Startups 60

PYMNTS

JUNE 26, 2020

The coronavirus is magnifying the challenges that troubled retailers faced before the pandemic as they continue to seek financial lifelines. GNC recently declared bankruptcy as well as retail closings, while Macy’s unveiled additional cost-cutting measures. All this, Today in Data. Data: .

Retail 60

Retail Numbers Planning 60

PYMNTS

JANUARY 26, 2021

In today’s top retail news, the U.S. The retailer said the move is part of a plan to execute a “store footprint optimization plan, including the contemplated exit of unprofitable locations.” The number, however, is still under the 62.5 L’Occitane’s US Unit Enters Bankruptcy As Part Of Lease Negotiations .

Retail 95

Retail Planning Finance Banking 95

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

Centage

SEPTEMBER 13, 2022

There is some risk to using past performance to inform your long-term plans, and this can be compounded during times of economic uncertainty. Your company needs to make plans for the future. Your budget is a roadmap of your business’s financial goals and how you plan to reach them. What Is Financial Forecasting?

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Planning Forecasting Profit and Loss 52

CFO News

SEPTEMBER 6, 2023

With over one-fourth share of India's fuel marketing, and the second-largest number of fuel retail outlets, HPCL is charting out a growth path which will expand its balance sheand generate new revenue streams, chairman Pushp Kumar Joshi told ET's Kalpana Pathak in an interview.

Planning 52

Planning Retail Numbers Marketing 52

PYMNTS

JULY 23, 2020

Ascena Retail Group, Inc. The retailer and “certain of its subsidiaries” have come to a restructuring support agreement (RSA) with more than 68 percent of secured term lenders, according to a Thursday (July 23) statement. The company has also secured commitments for $150 million in a “new money term loan” from current lenders.

Planning 56

Planning Restructuring Forecasting Retail 56

PYMNTS

SEPTEMBER 21, 2018

To break into the brick-and-mortar world, some digitally native retailers have opened shops inside department stores. However, as in a traditional retail store, staff called “in-store stylists” are on hand to give recommendations tailored to each customer. Last year, the company revealed plans to spend $1.6 billion on U.S.

Retail 49

Retail Planning Entertainment Numbers 49

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

JULY 22, 2020

The retail industry is facing its first sales event of the pandemic with the coming of back-to-school sales. The projections were led by the National Retail Federation (NRF) this week, as it foresees record sales for back to school. That makes inventory tougher to plan. per family, topping the record of $696.70 billion in 2019.

Retail 74

Retail Education Sales eCommerce 74

PYMNTS

JULY 13, 2018

Fabletics is seeking aggressive growth, with the activewear retailer planning to open 75 new brick-and-mortar stores in the U.S. Such an expansion would dramatically increase the retailer’s footprint – and bring its store count to a total of 100 locations. and other countries. billion cases of merchandise last year.

Retail 40

Retail Planning Sales Numbers 40

PYMNTS

DECEMBER 30, 2020

The record number saw it surpass its native Australia — where sales totaled $900 million — for the first time, signifying that the U.S. Consumers not only searched for discounts but also sought out emerging payment methods such as installment payment plans in stores and online. One study found that 41 percent of U.S.

Planning 110

Planning Budgeting Sales Finance 110

PYMNTS

JANUARY 6, 2021

Thus far, the numbers do not bear out a massive uptake of a business model, that for the stakeholders, is essentially free (There are roughly 38 banks signed on and 5 million users of CoDi, as measured in late 2020). To get there — to spur increased user adoption — he said that the SPEI user experience has had to improve.

Banking 145

Banking Planning Accounting Currencies 145

PYMNTS

MARCH 1, 2019

Brick-and-mortar fashion retailers are developing in-store experiences to encourage customer loyalty. markets, aiming to generate repeat visits as part of its experiential retail efforts. L Brands plans to close approximately 53 Victoria’s Secret locations this year as it curtails investments in new and renovated stores.

Retail 51

Retail Planning eCommerce Marketing 51

PYMNTS

MARCH 30, 2020

retail picture is bleak in this time of COVID-19. The Confederation of British Industry (CBI) said on Thursday (March 26) that its monthly survey of retailers showed the weakest outlook since April 2009. The CBI says retail sales volumes will fall sharply to April, with retailers more pessimistic than at any time since April 2009.

Retail 56

Retail eCommerce Budgeting Sales 56

PYMNTS

SEPTEMBER 11, 2019

Virtual reality could have more retailers reach more consumers in the coming few years — in large part by upping the consumer experience. With the planned “Star Wars” theme, for example, participants can feel like they are in a room with a Darth Vader battle scene, complete with temperature changes and weather effects.

Retail 76

Retail Entertainment CFO Startups 76

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

JUNE 15, 2020

The pandemic’s harsh impacts on retail continue to show themselves as brands report plummeting quarterly earnings and eye additional store closings. And one retail expert says what is taking place is more an interaction revolution than a post-pandemic eCommerce revolution. All this, Today in Data. .

Retail 60

Retail eCommerce Sales Numbers 60

PYMNTS

JULY 15, 2020

In the automotive arena, sellers have implemented third-party technology such as virtual retailing to enable a completely digital vehicle sales process. Data: 15K : Number of Kim Kardashian’s perfume units that sold out within minutes when the celebrity appeared on a China livestreaming show. All this, Today in Data.

Technology 52

Technology Retail Sales Numbers 52

PYMNTS

APRIL 25, 2017

Marketplace solutions work to enable online retail brands to expand their reach without needing to invest in manufacturing, warehousing and logistics. To move into a greater number of markets, international online home goods retailer vidaXL recently selected global marketplace solutions provider Mirakl to support its growth plans.

Leverage 40

Leverage Retail Planning B2C 40

PYMNTS

MARCH 26, 2020

Target ‘s plans for curbside grocery pickup have been put on ice for now as the coronavirus pandemic makes those plans too much of a health risk for everyone involved, the company said in an announcement. Target said it won’t have time to train people on the proper social distancing procedures.

Planning 53

Planning Sales Retail Numbers 53

PYMNTS

JUNE 5, 2017

Creditcall saw an astounding growth of 82 percent in its eCommerce, vending, ticketing and retail markets on a recurring monthly basis. One key to Creditcall’s success could be the verticals it spans and plans to grow upon.

Numbers 40

Numbers eCommerce Retail Technology 40

PYMNTS

SEPTEMBER 22, 2020

In today’s top retail news, Philadelphia Real Estate Trust reopens its newest property, Ralph Lauren cuts its workforce and Mall of America offers space to local businesses. The announcement , coupled with a financial savings commitment, adds urgency to the plan rather than adding detail to its execution. Walmart on Tuesday (Sept.

Retail 69

Retail eCommerce Planning Sales 69

PYMNTS

FEBRUARY 20, 2020

Foxtrot , a small company out of Chicago, is reinventing convenience store retail and taking it uptown. The retailer features gifts as well as standard convenience store necessities, and shoppers can also order products through its app or eCommerce site to be delivered within an hour. 2: Number of Washington, D.C.

Retail 56

Retail eCommerce Numbers Planning 56

PYMNTS

JANUARY 10, 2020

Coffee retailers are tapping into digital technology that helps them grow their reach beyond their stores, especially in China, where competition has been brewing between Chinese coffee chain Luckin Coffee and Starbucks. The company said it believes the store count makes it China’s biggest coffee chain by “number of stores” in the country.

Retail 52

Retail Sales eCommerce Forecasting 52

PYMNTS

JUNE 25, 2020

As coronavirus cases spike in Texas, the state’s officials have walked back their reopening plans for the state, CNBC reported. Texas is among the hardest-hit states, with the greatest number of new cases. In those areas, Abbott has ordered hospitals to postpone elective procedures and make room for more COVID-19 patients.

Planning 60

Planning Retail Numbers 60

PYMNTS

MARCH 29, 2020

Call it the retail gap that eCommerce can only partly fill. Earlier this month, a record number of Americans — 3.3 But eCommerce can only go part way, not the whole distance, in offsetting a devastating hit to retail as we have known it. million — filed for unemployment benefits. As many as 75.4 But only 25.4

eCommerce 82

eCommerce Retail Sales Numbers 82

PYMNTS

JULY 7, 2020

The vicious cycle of physical retail is meeting the virtuous cycle of digital, at a time when companies are aiming to chart a course toward a future that is without precedent. In retail, merchants need to enter a new kind of gig economy that can be called “gig retailing.” Data: . 42%: Share of U.S.

Retail 52

Retail Sales Numbers Planning 52

PYMNTS

JUNE 3, 2020

But the retail industry may need new and bigger adjectives as the COVID-19 crisis wears on in some geographic areas and moves on in others. It reports that online sales for retailers are up 54 percent in the U.S., online fashion apparel sales are up 45 percent for traditional retailers and 72 percent for pure-play sites. “In

Retail 54

Retail eCommerce Advertising Sales 54

PYMNTS

JULY 6, 2020

If your business touches retail in any way, it might pay to follow a few important breadcrumbs. He told investors that he plans to drive more than 50 percent of future sales through digital channels. Worse yet, some analysts fear the triggering of break-lease clauses for retailers in malls if anchor stores leave.

Retail 103

Retail Sales Math Healthcare 103

PYMNTS

JUNE 14, 2019

A number of retailers have recently seen a surge in eCommerce sales. Now, it’s easier in some ways to be a late mover,” in retailing online, Sucharita Kodali, a retail analyst at Forrester Research, said in an interview, according to CNBC. percent increase.

eCommerce 59

eCommerce Retail Sales Leverage 59

PYMNTS

JUNE 18, 2020

is comprising nearly half of the retail growth in the U.S. 15,000: Minimum count of merchants or brands that are offering or plan to offer BNPL. 85%: Proportion of retail sales that stores accounted for as of 2019. 9M: Number of customers Afterpay has attracted since its U.S. All this, Today in Data. launch in 2018.

Retail 52

Retail eCommerce Economics Sales 52