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Retail Rents Set To Rise In 2016

PYMNTS

After years of slow growth brought on by the financial crisis, retail rents are recovering and are on the rise. As of Q1 2016, vacancy rates were hovering around 10 percent in 80 major U.S. As of Q1 2016, vacancy rates were hovering around 10 percent in 80 major U.S. Supply is also an issue in Denver.

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Retail KPIs Get Worked Over For Customer Experience

PYMNTS

Retailers may be focused on the wrong metrics. That’s one of the conclusions from a poll of top marketers from Duke University’s Fuqua School of Business. According to Moorman, marketers look at traditional accounting metrics, such as sales or profits. Banking and retail put the most emphasis on return on investment (ROI).

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NYC Retailers Choosing Short-Term Leases To Test Out Market

PYMNTS

In order to test out the market in certain areas, a growing number of retailers in Manhattan are opting for short-term leases before making a long-term commitment to a location. The retailer, which started online seven years ago, opened up a holiday pop-up store in 2016. That’s how we run our website.”.

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Fleet Management Market To Grow To $27.9 Billion By 2021

PYMNTS

The fleet management market is estimated to grow from $9.54 billion in 2016 to $27.9 According to MarketsandMarkets, the increasing need for operational efficiency is expected to be the primary driver for the fleet management market during the forecast period. billion by 2021 at a CAGR of 23.9

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Dutch Retailer Ahold Delhaize Acquires Majority Stake In FreshDirect

PYMNTS

Dutch retailer Ahold Delhaize — owner of grocery behemoths Giant and Stop & Shop — has acquired a majority stake in supermarket delivery startup FreshDirect amid an online shopping surge propelled by COVID-19. “We FreshDirect gets a parent with real buying power and the means to further expand in East Coast markets.”.

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Retail Sector To Boost Mobile POS Terminal Market Value To More Than $103B By 2023

PYMNTS

A new report by Global Market Insights reveals that the market size for mobile POS terminals will gain significant growth in the coming years, with a compound annual growth rate (CAGR) of more than 19 percent from 2016 to 2023. According to a press release , the POS Terminal Industry is expected to be valued at $103.52

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Cancel Culture: Technology Makes Managing Subscriptions Easy For Consumers and Banks

PYMNTS

Minna co-founders and CEO Joakim Sjöblom and Chief Operating Officer Jonas Karles told PYMNTS that getting a better handle on subscription spend can be done through retail banking channels, boosting financial institutions’ own revenue streams. Subscription management is part of that. Embracing The Subscription .