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As Bill Payments Go Digital, The Rental Industry Still Lags

PYMNTS

online bill payments made by consumers in 2016 were conducted via biller-direct sites, up from 62 percent in 2010. They accounted for 27 percent of online bill payments in 2016, down from 38 percent in 2010. According to a new report from Aite , 73 percent of U.S.

Industry 105
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Walmart Wants To Add $250 Billion In US-Made Products By 2023

PYMNTS

Walmart wants to add $250 billion worth of Made in the USA products to its stores by 2023, an ambitious plan the retail giant says will add 1 million new American-based manufacturing and support jobs as well. Harold Sirkin, senior partner and managing director at the Boston Consulting Group, who presented a forum on U.S.

US 113
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Whole Foods’ 500th Store Features Eateries

PYMNTS

While there were only 25 American food halls in 2010 per reports, there are expected to be 200 food halls in the U.S. The company has locations in cities like cities such as Boston, and Los Angeles, New York, among others. The news comes amid a boom in food halls, with the number of such facilities poised to increase.

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Here Are 35 Casualties Of The Retail Apocalypse And Why They Failed

CB Insights

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
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Cosi Files For Bankruptcy

PYMNTS

According to reports, the Boston-based chain has filed for bankruptcy as it looks to restructure its debt load and conduct a sale process. Share price has been in a consistent march down ever since, falling below $10 a share in 2010 and never getting back above it. As of Wednesday (Sept.

Boston 100
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The Mall Food Court’s Hall Transformation

PYMNTS

The number of food halls is set to rise: There were only 25 American food halls in 2010, per the Post. As it stands, the chain has locations in cities such as Boston, New York and Los Angeles, among others. The Future Of Food Halls. According to research that circulated in 2017, there are expected to be 200 food halls in the U.S.

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Carmageddon: The Downshifting of America’s Auto Industry

Gonzobanker

According to an estimate by Boston Consulting Group, “One-quarter of miles driven in the U.S. in January – the worst since 2010. Leverage analytics and digital marketing to capture the right kind of auto lending within the current retail deposit base. Missing from this list are taxis, whose share dwindled to 12% in Q4 2016.

Industry 111