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Are Online Merchants The Mall’s Unlikely Salvation?

PYMNTS

One might imagine that mall operators nationwide take a rather jaundiced view of the internet, since online shopping has more or less killed the mall. But perhaps that is the old conventional wisdom — the emerging idea is that online retailers are giving back some of what they’ve taken away these days. “We

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Is Amazon’s Delivery ‘Purge’ A Boon To Last-Mile Rivals?

PYMNTS

The net impact of Amazon’s decision translates to Bear Down Logistics’ facilities shutting down in Ohio, Virginia and Illinois in April — with 280 positions lost. The Seattle Times reported that a Bear Down Logistics driver in Michigan makes $15 an hour, while UPS pays about $20 an hour in the same region for the same work.

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Local Governments Move In On Retail Vacancies

PYMNTS

Many municipalities are looking to help by proposing new uses for vacant retail sites, including a citywide initiative in Fairfax, Virginia called Activate Fairfax , where the Department of Economic Initiative is soliciting requests for interest in an abandoned Container Store location.

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Retail Pulse: The Price Must Be Right

PYMNTS

The discount furnishings retailer has a presence across Canada and Europe, with dozens of locations in those regions, but is just getting its feet wet in the good old U.S. Gregg in Maryland and Virginia, and also has plans for more stores across states where it already has a presence. at a rate of 20 to 25 locations per year.

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Fizzle Of The Week: The NYC Amazon HQ That Will Never Be

PYMNTS

Amazon confirmed that it will instead move forward with plans for Northern Virginia and Nashville, and continue to hire and grow across its “17 corporate offices and tech hubs in the U.S. Instead of working with the community, Amazon threw away that opportunity.”. and Canada.”. First in that line was Governor Cuomo. “A

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Hurricane Insurance: What is Covered & What is Not Covered

MyBankTracker

When researching options for hurricane insurance, look for information online and then speak with your insurance representative or broker. However: There are many exclusions, caveats, and restrictions you should be aware of on these policies as you seek to insure a property in a hurricane-prone region. Massachusetts. Mississippi.

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The Election That Misplaced Small Businesses

PYMNTS

million businesses that line the main streets and side streets of the local communities across the U.S. Small business owners don’t expect to be the star of the show, but wherever we went — and we went to Vermont , New Hampshire , Massachusetts , Virginia , South Carolina and Georgia — we heard the same two things over and over again.

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