PYMNTS

DECEMBER 11, 2018

Retailers are doubling down on toys amid a gap in the market left by the bankruptcy of Toys R Us. toy retailer Hamleys , for instance, is eyeing a potential New York City location for a flagship store. The atmosphere comes as brick-and-mortar retailers have to differentiate themselves from their eCommerce counterparts.

Retail 166

Retail US New York City Los Angeles 166

PYMNTS

JANUARY 21, 2020

And nowhere is that aphorism better illustrated over the last decade than with the statistic that more than 90 percent of all retail sales took place at brick and mortar stores. It gave retailers the illusion that digital was the retail cart driven by the physical store horse. The answer, she noted, is complex.

Retail 168

Retail Innovation Data New York 168

PYMNTS

MARCH 17, 2020

It was supposed to be a thriving retail center in Milwaukee when it was built seven years ago. In fact, last week, it was announced that the building would be the new home of the Milwaukee School of Engineering’s K-12 STEM program. Backers of the tax position it as a solution to the increasing amount of empty retail space in the city.

Retail 135

Retail Arlington San Francisco Milwaukee 135

PYMNTS

MAY 12, 2020

As they gear up to restart their economies amid the pandemic, states from New York to Massachusetts are planning phased reopenings. In New York, businesses in the Finger Lakes, Mohawk Valley and Southern Tier can start to open on May 15 if the positive trend continues for phase one. Brain Corp.,

Massachusetts 168

Massachusetts New York Regional Retail 168

PYMNTS

OCTOBER 23, 2018

To help shoppers check out without waiting in line, grocery retailers are rolling out entire stores centered around cashierless shopping experiences, enabling consumers to purchase fresh food and grocery items with a mobile payments app. ABI Research predicts that one million automated retail units will be in the Asia-Pacific region by 2023.

Retail 161

Retail Seattle San Francisco Metro 161

PYMNTS

APRIL 4, 2018

Just because a retailer was created for the internet doesn’t mean it has to stay on the internet. Digitally-native retailers, such as thredUP , are turning to brick-and-mortar stores to reach consumers, too. thredUP, though, works a little differently from traditional retailers. by the end of 2018, CNBC reported.

Retail 103

Retail New York City San Francisco New York 103

PYMNTS

JUNE 15, 2018

It’s been a week of experimentation in retail, with many big names opening new types of stores to — as the saying goes — see what sticks. It seems more likely that these brands will uncover their key rather than some universal master retail key that can solve the brick-and-mortar challenge across the board.

Retail 100

Retail Ohio Columbus San Antonio 100

PYMNTS

FEBRUARY 6, 2020

It would make sense that the supermarket business might be immune from the cross-currents of retailing in 2020. Three regional players in the organic food retail business — where Whole Foods and parent Amazon rule — have declared bankruptcy over the past month. based natural foods retailer is the third significant U.S.

New York City 153

New York City New York Regional Colorado 153

PYMNTS

JANUARY 27, 2020

As they aim to fill eCommerce orders faster, supermarket retailers are piloting micro-fulfillment systems that can be positioned in the back of brick-and-mortar locations or in urban areas. The project will be approximately 10,000 square feet and for an unidentified regional grocer. grocery market at approximately 3.5 Fabric, a U.S.-Israeli

Online 141

Online Regional New York Retail 141

PYMNTS

OCTOBER 19, 2018

According to a person with a understanding of the visits, the eCommerce retailer visited Chicago, New York City and Chicago, The Wall Street Journal reported. That could enable the retailer to keep its choice unknown ahead of an announced decision. Austin, Boston, New York and D.C.

District of Columbia 135

District of Columbia Indianapolis New York City Columbus 135

PYMNTS

AUGUST 30, 2018

India-based eCommerce marketplace Paytm Mall wants to work more closely with regional retailers and team up with eCommerce grocery service BigBasket to compete with Flipkart and Amazon, according to recent Reuters reports. It is currently the third-largest company competing in the country’s retail space. “We

New York City 102

New York City Columbus Portland New York 102

PYMNTS

NOVEMBER 6, 2020

As coronavirus cases surge in the United States, some supermarket retailers are re-instituting buying restrictions on specific products such as toilet paper, USA Today reported. H-E-B, for its part, supervises over 400 retail locations, primarily in Texas. has approximately 190 retail locations throughout the country.

District of Columbia 131

District of Columbia San Antonio Texas Pennsylvania 131

PYMNTS

SEPTEMBER 14, 2020

As it plans to bring 100 new operations facilities online in September, Amazon announced on Monday (Sept. 14) that it is hiring for 100,000 new regular positions across the U.S. In separate news, Amazon plans to expand its “ tech hubs ” in six cities and to fulfill “3,500 new tech and corporate jobs” throughout the country.

Operations 141

Operations San Diego Detroit Phoenix 141

PYMNTS

FEBRUARY 26, 2020

As it joins the bevy of firms aiming to change the home rentals market, the artificial intelligence (AI)-powered long-term room rental app Badi has rolled out in New York City. Badi had a pilot in November in New York and is now looking to grow in the United States. The company has notched $45 million in funding.

New York 130

New York New York City United States Regional 130

Abrigo

DECEMBER 18, 2023

“The point is this: There’s a lot of these surveys, and when you read them, they are New York City, San Francisco, Chicago. Retail and multi-family CRE opportunities Similarly, retail CRE has been painted as too risky because of online sellers’ growth. They’re not your hometown. The impact is not consistent.”

Risk Management 221

Risk Management Management Lending Capital 221

PYMNTS

SEPTEMBER 18, 2018

To get more millennials on board, the Bentonville, Arkansas-based retailer is rolling out offerings designed to attract younger, well-to-do consumes in urban areas. That service option ups the ante for speed and flexibility through Jet.com, as the retailer previously had a relatively early 9 a.m. cutoff for same-day deliveries.

Millennials 140

Millennials New York City New York Branding 140

PYMNTS

NOVEMBER 9, 2017

The proposal by the OCC was made at a banking conference in New York. But tech and retail players have worked around this by offering an ever-greater number of financial services — or financial service adjacent-services — like Apple Pay, Venmo and LendingClub. I don’t think Apple fundamentally wants to become a bank.

Regulation 100

Regulation Retail New York Apple 100

BankInovation

APRIL 28, 2023

First Republic Bank shares fell as much as 54% in extended New York trading on speculation that it would be seized by regulators, as regional US lenders are pressured by deposit drains and weakening investments.

San Francisco 52

San Francisco FDIC New York Regional 52

PYMNTS

SEPTEMBER 22, 2020

There’s arguably no more polarizing macroeconomic issue in the retail world than the fate of the American mall. The problems start with how retailers view and serve the customer. REITs are not exactly a source of good or even consistent news these days.

Philadelphia 206

Philadelphia Retail DC Detroit 206

PYMNTS

JULY 20, 2018

Target has announced it is expanding its same-day shipping service through Shipt across stores in 10 regions within the greater New York City metro area. Shipt plans to hire 2,000 shoppers in the New York area to fulfill the orders.

New York City 100

New York City Metro Indianapolis New York 100

PYMNTS

JANUARY 18, 2018

Austin, Boston, New York and D.C. Amazon first solicited proposals for its new HQ2 in September 2017. Newark, New Jersey. New York City, New York. all made the cut, as did some surprises like Columbus, Ohio. Dallas, Texas. Denver, Colorado. Indianapolis, Indiana. Los Angeles, California.

Columbus 101

Columbus Los Angeles North Carolina New York 101

PYMNTS

MARCH 9, 2020

The coronavirus could have wide-reaching effects on medical facilities, eCommerce retailers, technology and the economy as a whole. The eCommerce retailer told employees Sunday (March 8) that it would not count unpaid time off if they have to use it this month. Here are the latest updates on the coronavirus around the world.

Policies 141

Policies New York San Francisco Seattle 141

American Banker

OCTOBER 7, 2016

plans to accelerate its growth in upstate New York by opening regional headquarters in Albany. Berkshire Hills Bancorp in Pittsfield, Mass.,

Regional 46

Regional New York Branch Strategies Community Bank 46

PYMNTS

AUGUST 21, 2019

Amazon was going to build a huge new headquarters in New York, but eventually decided against it, due to local opposition and despite tax breaks. Because of the competition in the region, Amazon has reportedly been considering partnering up with physical stores. The newest campus is on 9.5

Arlington 170

Arlington Virginia New York Video 170

PYMNTS

NOVEMBER 8, 2016

So where to next for the omnichannel retail giant? The move comes as part of a larger targeting of Southeast Asian markets, according to TechCrunch , starting with beginning selected regional services in Singapore in the first quarter of 2017. That’s less than New York City. Singapore, it turns out.

Regional 148

Regional New York City National Google 148

PYMNTS

OCTOBER 1, 2019

The eCommerce retailer is also reportedly eyeing grocery spaces in New Jersey, Connecticut and the New York metro region. It is likely that the first couple of locations will be in the dense suburban Los Angeles locales of Studio City and Woodland Hills, with another reportedly planned for Irvine in Orange County.

Los Angeles 123

Los Angeles New Jersey Connecticut Philadelphia 123

PYMNTS

DECEMBER 26, 2019

Sales in the retailer’s Asia-Pacific region – which includes greater China – increased 7 percent to 9 percent after adjusting for the movements of currency. Performance was stronger in Europe, where the New York-based company noted a sales increase of 3 percent to 5 percent.

United States 131

United States Comparison New York Branding 131

PYMNTS

JANUARY 30, 2020

Inside the country, as reported by The New York Times, the government has been mandating that farmers increase vegetable production and deliveries of a wide range of foodstuffs to the region. Apple may be among the more visible companies to be impacted, both in its supply chain and its retail presence.

Regional 145

Regional Apple New York Examples 145

PYMNTS

NOVEMBER 6, 2018

The new tax would apply to Google, Apple, Facebook and Amazon so that they are paying what the government sees as a fairer tax rate in the region. NCR Buys StopLift To Prevent Retail Fraud. Airbnb Landlords Get $2.25M Fine For Illegal San Fran Rentals. Amazon Eyes Two-City Split For HQ2. Transit Raises $17.5M

Taxes 108

Taxes New York City Dallas Virginia 108

South State Correspondent

APRIL 10, 2023

CRE Risk Background While ten years ago, community and regional banks use to make up some 55% of the CRE market, in 2023, these banks now compose approximately 72% (below). The little liquidity left in commercial real estate is in major markets such as Los Angeles, Chicago, New York, and D.C.

Community Bank 195

Community Bank Community Los Angeles Regional 195

PYMNTS

APRIL 16, 2020

Due to increasing customer demand for household goods, grocery and personal healthcare delivery, Instacart said it has rolled out a new prescription delivery service with Costco. As it stands, Instacart partners with over 350 local, regional, and national retailers to provide delivery from over 25,000 stores.

Illinois 161

Illinois California Washington New York 161

PYMNTS

NOVEMBER 19, 2019

Grocery retailer Kroger is partnering with Berlin farming startup Infarm to offer “living produce farms,” Kroger announced in a press release on Tuesday (Nov. market, but it already has more than 500 farms globally and has teamed with 25 major food retailers in the U.K. This is the vertical farming company’s first venture into the U.S.

Michigan 101

Michigan Washington New York Retail 101

PYMNTS

OCTOBER 21, 2016

Retailers that are unable to call on substantial financial reserves are struggling in the current environment. Mobile shopping is growing and a key focus of retailers going into the holiday season. Mobile shopping is growing and a key focus of retailers going into the holiday season. Along with Claire’s Stores Inc.,

Retail 100

Retail Marketing Branding Austin 100

PYMNTS

NOVEMBER 14, 2018

and in Long Island City, a neighborhood in Queens, New York City. According to Redfin , its “agents in both regions are reporting a noticeable jump in calls, emails and tour requests from prospective homebuyers interested in homes in these neighborhoods.” In New York City, Amazon’s $1.2

New York City 122

New York City New York Virginia Chicago 122

PYMNTS

APRIL 12, 2019

Grocery retailers are opening new stores in cities that aren’t only designed as places for consumers to pick up their weekly groceries: They’re turning them into culinary destinations with eateries as well as features designed for city living. Luxury retailers usually have that type of glass installed, and it’s easier to see inside.

New York 100

New York Retail Texas Houston 100

PYMNTS

MAY 30, 2019

In a press release , HSBC said Pepper is being deployed in a retail branch in Miami, marking the first time Pepper has been deployed in Florida. Miami’s tech scene is experiencing positive growth and we see a lot of opportunity for disruption in the region,” Pablo Sanchez, head of retail banking and wealth management for HSBC in the U.S.

Miami 108

Miami New York City Florida Seattle 108

PYMNTS

MAY 27, 2020

The Beige Book takes commentary from various regional Federal Reserve banks and drills down into what the Fed terms “anecdotal information” to paint a portrait of the economy ’s current state. The data reflects findings and commentary from business owners as measured through May 18. Where might there be some green shoots?

St. Louis 142

St. Louis Data Regional New York 142