PYMNTS

FEBRUARY 1, 2021

The move comes as the retail industry is reeling from a double blow: fallout from the pandemic and the great shift of consumer buying to online sales. Simon owns such properties as the upscale Copley Place in Boston. The new company will be a special purpose acquisition company (SPAC) called Simon Property Group Acquisition.

Groups 139

Groups Company Indianapolis Exercises 139

Chris Skinner

MAY 18, 2017

Can Wal-Mart’s Expensive New E-Commerce Operation Compete With Amazon? A recent acquisition spree including Jet.com gives the retail giant much-needed digital chops by Brad Stone and Matthew Boyle from Bloomberg Business Week Last summer, Marc Lore, founder and chief executive officer of e-commerce startup Jet.com Inc.,

Omaha 277

Omaha Video Arkansas Boston 277

PYMNTS

NOVEMBER 7, 2018

The health retailer is looking to open concept stores in the beginning of 2019, CNBC reported. The retailer plans to focus on the management of chronic conditions, such as asthma, kidney disease and cardiovascular disease, while also seeking to encompass more services at its MinuteClinics.

Boston 118

Boston Retail Branding Report 118

PYMNTS

DECEMBER 4, 2020

ShipMonk has pulled in $290 million in a funding round led by Boston-based Summit Partners as part of an expansion effort. The ShipMonk funding is part of a surge in cash going to such B2B companies as GoSite , which targets small and medium-size businesses (SMBs) that are moving operations online.

Boston 167

Boston Branding US Online 167

PYMNTS

OCTOBER 17, 2017

It’s a hungry brand, gobbling up three different food delivery competitors in the last quarter alone: Boston-based Foodler, Groupon’s OrderUp and most recently, Yelp’s Eat24. OrderUp does, however, continue to operate in 11 markets, which license the platform’s technology and mobile app, though they may not be doing business under its name.

Baltimore 138

Baltimore Boston Chicago Mobile 138

PYMNTS

OCTOBER 19, 2020

It’s why recommendations are consistently ranked by consumers as one of the most important features a merchant can offer an online shopper, why merchants gladly oblige and why brands strive to make products that are consistently ranked high by consumers. Social proof can also work in reverse. Saving Main Street. Even more of them are closing.

Maine 199

Maine Boston Branding Retail 199

PYMNTS

OCTOBER 12, 2020

As reported in the latest “How We Will Shop” report, done in collaboration between PYMNTS and PayPal, 24 percent of all consumers said they had shifted at least one daily activity online, and plan to keep it that way. BIS estimated this year that of 66 central banks polled, 80 percent were exploring CBDCs.

Boston 233

Boston System Online Payments 233

PYMNTS

APRIL 22, 2019

“We look at Recess’ launch on Uber Eats as another distribution channel for the brand, with Recess IRL [the company’s New York shop] serving as the storefront for on-demand delivery operations,” said Benjamin Witte, founder and CEO of Recess. We also believe that a retail presence across every channel (online, retail, on-demand, etc.)

New York 172

New York San Francisco New York City Boston 172

PYMNTS

DECEMBER 6, 2019

Also, the co-founder of Boston-based payments firm Circle will step down from his co-CEO role at the end of the month. The co-founder of Circle, a Boston-based payments firm, will step down from his co-CEO role at the end of the month. Consumers are on pace to spend approximately $149 billion via online purchases this holiday season.

Training 130

Training Boston Payments Tools 130

PYMNTS

MAY 27, 2020

The New York-based company owns and operates fast-casual restaurants including some Five Guys locations, Melt Shop and The Little Beet. . Bankruptcy Court in Wilmington, Delaware that COVID-19 exacerbated the company’s struggles with competition and a lack of online ordering, the news service reported.

Florida 131

Florida New York New York City Delaware 131

PYMNTS

OCTOBER 16, 2019

Boston startup True Tickets is teaming up with the Broadway theater company The Shubert Organization for blockchain-based mobile ticket delivery , the companies said in a press release Wednesday (Oct. Shubert Ticketing sells tickets through its retail brand, Telecharge, as well as through hundreds of third-party agents.

blockchain 108

blockchain Boston US Customer Experience 108

PYMNTS

AUGUST 24, 2019

According to Zach Hensley, vice president of operations and guest experiences for the Seahawks and CenturyLink Field, these services are changing how fans experience live games and boosting their overall enjoyment. Not only that, but over the next decade, some 90 percent of sports bets will be made online.

Payments 161

Payments social media Mobile Seattle 161

PYMNTS

OCTOBER 16, 2019

Boston startup True Tickets is teaming up with the Broadway theater company The Shubert Organization for blockchain-based mobile ticket delivery , the companies said in a press release Wednesday (Oct. Shubert Ticketing sells tickets through its retail brand, Telecharge, as well as through hundreds of third-party agents.

blockchain 100

blockchain Boston US Customer Experience 100

PYMNTS

DECEMBER 24, 2020

Building The (Retail) Use Cases. Meanwhile, Visa said that crypto-banking platform operator Ternio had joined the payments giant’s Fast Track program as a cryptocurrency-focused enablement partner. As reported, the company also said bought $50 million of bitcoin to hold on its balance sheet.

cryptocurrency 258

cryptocurrency Bitcoin Course Boston 258

PYMNTS

FEBRUARY 22, 2017

In a twist on contemporary retail trends toward online channels, consumers still largely prefer to return in-store. One logistics technology startup is working to solve the problem of physical returns for digital retailers. If all’s well, Happy Returns signals the retailer to refund the customer. “We’re

Los Angeles 107

Los Angeles San Francisco Retail New York City 107

PYMNTS

OCTOBER 12, 2020

The digital transformation of the commerce ecosystem, which had been underway long before COVID-19 reared its ugly head, flipped into overdrive overnight, as consumers were forced to change their habits and shift almost everything they once did in real life to an online substitute. The SMB Pinch.

Retail 220

Retail Study Report Boston 220

PYMNTS

MAY 24, 2018

Ohio-based Spangler Candy Company won the auction with a bid of just under $19 million, The Boston Globe reported. “We The candies are made in a suburb of Boston, where the company has a little more than 200 employees. Necco had moved its operations to a large 50-acre site after leaving its longtime plant just outside Boston in 2003.

Boston 100

Boston Ohio Massachusetts Company 100

CB Insights

DECEMBER 19, 2017

Modern-day retail is at an inflection point as retailers face struggling physical storefronts, massive debt, and inefficient operations, among other issues. Formerly beloved brands such as Aeropostale, American Apparel, and PacSun bit the dust in 2016, and the pace of retail deaths has accelerated since then.

Retail 78

Retail Branding Company Capital 78

PYMNTS

SEPTEMBER 30, 2016

Cosi, the Boston-based sandwich chain renowned for its flatbread sandwiches, filed for bankruptcy in a Boston courtroom. Cosi operated 74 company-owned restaurants and 31 franchised restaurants in 15 states at the time of filing. Will Sears be the next major retailer to file for bankruptcy? The company also fired CEO R.J.

Boston 100

Boston Retail Nebraska Study 100

PYMNTS

MAY 9, 2018

As restaurant operators seek to bolster sales in the face of weak traffic growth, Yum! Brands is buying a 3 percent ownership stake in Grubhub and is teaming up with the company to provide delivery and online ordering in the future from two of its brands, KFC and Taco Bell. Grubhub has been in expansion mode.

Arizona 152

Arizona Los Angeles Tucson Sacramento 152

PYMNTS

JANUARY 28, 2019

Since about mid-December of 2018, checking out in the stores here in Boston has become even more of a hassle. This newfound friction is the result of the City of Boston passing a bill that bans plastic bags and gives merchants the right to charge for ones made of paper. But surcharging as a topic of conversation in the U.S.

Regulation 181

Regulation Boston Cards Innovation 181

PYMNTS

AUGUST 16, 2018

bills paid online. trillion in 2017, and that could nearly double by 2021 — online billing platforms are rushing to incorporate payment processing capabilities into their offerings. Younger consumers are leading the way when it comes to online bill payments, with 61 percent of those payments coming from millennials.

Industry 105

Industry Payments Online Boston 105

PYMNTS

NOVEMBER 15, 2019

Amazon To Build $40M Robotics Innovation Hub Near Boston. Cryptocurrency companies that previously let customers remain anonymous will have to change their tunes in some countries, as will online gambling sites that provided fast onboarding at the expense of rigorous identity verification approaches. Deutsche Bank told U.K.

Google 139

Google Payments Apple cryptocurrency 139

PYMNTS

AUGUST 22, 2018

In fact, in its founding days back in 2002, Wayfair fit comfortably in the spare bedroom of Conine’s Boston-area home. As of now, the firm is looking to branch out from its Copley Place headquarters in downtown Boston and into a neighboring building that reportedly has enough space to accommodate it. Doubling Down On Tech.

Boston 100

Boston Online Data Retail 100

PYMNTS

NOVEMBER 19, 2018

who each week walk into one of those physical stores, in addition to the 100 million who are said to shop one of the retailer’s online channels. 3 post position, displacing Apple, at roughly 4 percent of retail sales. That retailer is, of course, Amazon. percent of consumer retail spending in the U.S.

Retail 167

Retail Online Branding Analysis 167

PYMNTS

JANUARY 25, 2019

In a recent trend, eCommerce mattress brands have been moving into the world of brick-and-mortar retail by opening their own stores and pop-up shops to help let customers test-drive their products in real life. Then, in 2018, Pop-In@Nordstrom partnered with Casper to bring pop-up stores to select Nordstrom locations and online.

Apple 109

Apple Branding San Francisco New York City 109

PYMNTS

FEBRUARY 12, 2018

Put on a Retail Happy Face. Yup, physical retail is doing just fine — despite all the talk of doom and gloom. Yet, according to Fung Global Retail & Technology, 6,985 stores closed in 2017 , up 229 percent from 2016, and well above the number of stores which closed in the year that started physical retail’s death spiral: 2008.

Big Data 135

Big Data Data Retail Marketing 135

PYMNTS

DECEMBER 21, 2020

And you can see it in the hustle by retailers and brands large and small to pivot their businesses and business models — and the disclaimers on just about every retail site starting a week or more ago that orders placed online might not make it in time for Christmas. percent of all retail sales. consumers — 47.2

Apple 227

Apple Study Innovation Survey 227

PYMNTS

JULY 30, 2019

That said, mobile order-ahead apps — as can be the case generally when comes to many types of retail innovations — have lower adoption among smaller QSRs. Additionally, 86 percent of mobile app operators said their offerings boosted revenues, and 93 percent said apps improved guests’ experiences and encouraged repeat purchases.

Mobile 148

Mobile New York Philadelphia Google 148

PYMNTS

JUNE 8, 2017

Tripodes has more than 15 years of franchising experience with Boston Restaurant & Sports Bar, Bojangles and Moe’s Southwest Grill, among others. Furthermore, the corporate stores will serve as a trial run for new ideas in restaurant technology and operational flow to increase efficiency.

Fort Worth 100

Fort Worth Dallas Georgia Atlanta 100

PYMNTS

JANUARY 27, 2017

The loyal customer is increasingly the holy grail of retail — everyone wants to create them, but in an environment littered with discounts, digital offers and competing influence, holding a customer’s attention is not exactly easy work. That is the lowest for any vertical in retail. Which is where Bridg enters the picture.

Los Angeles 100

Los Angeles social media Retail Marketing 100

PYMNTS

MARCH 15, 2017

The company currently operates 263 department stores in 25 states under the Bon-Ton, Bergner’s, Boston Store, Carson’s, Elder-Beerman, Herberger’s and Younkers banners. Revenue fell 5.5 percent to $877.3 million, and comparable store sales decreased 4.7 Total revenue for the entire year fell 4.3 percent to $2.6

Boston 100

Boston Trends Mobile Operations 100

PYMNTS

MAY 20, 2016

What followed over the next four decades was the evolution of a once familiar retail fixture – the carhop – who first walked, and then later roller skated their way into creating a convenient way of serving the customer. Retailers are having to find new ways of fulfilling shoppers’ orders.”. Pulling Up To Convenience .

St. Louis 102

St. Louis Retail Dallas Mobile 102

CB Insights

SEPTEMBER 6, 2017

As internet retailers are expanding their operations into brick-and-mortar operations (think Warby Parker, Argent, Bonobos, and BaubleBar ), venture capitalists are also investing in “physical-first” startups focused on creating new brick-and-mortar business models. New Frontiers in Retail Tech. RESTAURANTS.

Maine 70

Maine Capital Rhode Island DC 70

PYMNTS

NOVEMBER 11, 2019

The fee-free card is Goldman Sachs’ latest inroad into the retail consumer business after establishing its online Marcus brand in 2016, which makes unsecured personal loans. From an operational and risk perspective, we’ve handled the inflows smoothly, and without comprising our credit underwriting standards.”. India, the U.K.

Apple 101

Apple Massachusetts Data Cards 101

PYMNTS

MAY 24, 2018

Sue Martin, owner and operator of three McDonald’s restaurants in Volusia County, said, “You would be surprised how many big orders we get for teachers’ breakfasts or meetings. It even tried an interesting promotion last year: a “customized, digital Big Mac ATM” in Boston that dispensed two new sizes of burger — the Mac Jr.

Florida 101

Florida Boston Chicago ATM 101

PYMNTS

SEPTEMBER 19, 2016

That is a very big branch-out and rather sudden from the point of view of the program, since, currently, Google Express only operates at full-tilt capacity in the San Francisco Bay Area, New York City, Los Angeles and Boston. That can’t always be other retailers’ business model.”.

Google 100

Google South Dakota North Dakota Los Angeles 100