PYMNTS

JUNE 19, 2020

While questions linger over the 2020 sports season, that hasn’t stopped DraftKings from upping its previously announced initial public offering (IPO) to 40 million shares of stock. . The Boston-based online sports gambling company announced Friday (June 19) it will sell 16 million shares of its stock. billion. . “I

Boston 174

Boston Massachusetts Innovation Course 174

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. In 2020, every major traditional mall tenant was facing serious financial trouble or declared bankruptcy.

Groups 139

Groups Company Indianapolis Exercises 139

PYMNTS

APRIL 30, 2018

Store count isn’t everything,” CEO Suzanne Greco told The Boston Globe. It’s just not what people want anymore,” Bob Phibbs, CEO of New York consultancy The Retail Doctor, told The Washington Post. “If The retailer said it has secured $725 million in debtor-in-possession financing as the case proceeds through bankruptcy court.

Retail 100

Retail Branding Boston Washington 100

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. ShipMonk without question enabled us to both survive and thrive through 2020,” said Dylan Jacob , founder of BrüMate , an insulated drinkware brand. “We We couldn’t have foreseen this year’s increased demand.

Boston 167

Boston Branding US Online 167

PYMNTS

JANUARY 15, 2020

With CVS Health on the path to meeting its goal of revamping more than 1,000 of its stores, the health retailer is reportedly seeing positive early results. Dallas-Fort Worth, Boston, Ohio and North Carolina are among the next markets the pharmacy chain is targeting for the growth of HealthHUB in 2020.

Puerto Rico 131

Puerto Rico Fort Worth North Carolina Texas 131

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. 23-25, 2020. percent of all retail sales. Share of U.S.

Apple 227

Apple Study Innovation Survey 227

PYMNTS

JANUARY 17, 2020

Retailers are aiming to help consumers manage chronic diseases as well as their overall health and wellness through new brick-and-mortar experiences. Through HealthHUBs, consumers are at the center of an unmatched retail health experience. CVS Health, however, is not the only retailer to bolster its health offerings.

Atlanta 131

Atlanta Houston Fort Worth North Carolina 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

OCTOBER 19, 2020

The pandemic and its unexpected duration have put an exclamation mark on this powerful dynamic in the physical world by accelerating the demise of the shops, malls and restaurants that were already on shaky ground in January of 2020. The owner of an upscale hair salon in Boston is an example of a business living this reality.

Maine 199

Maine Boston Branding Retail 199

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

OCTOBER 12, 2020

As of fall 2020, a third of consumers report that they are very or extremely likely to select a merchant based on the availability of suitable digital, touchless offerings. In some cases, like retail and restaurants, it’s because they are open for business. The SMB Pinch.

Retail 220

Retail Study Report Boston 220

PYMNTS

JULY 6, 2020

consumers’ use of its contactless cards and digital wallets rose 150 percent between March 2019 and March 2020. . In-Person Retail, eCommerce Drive CNP Purchasing. Many recently reopened retailers are insisting on processing digital, CNP transactions. One credit card network reported that U.S.

Cards 130

Cards Survey Examples Retail 130

PYMNTS

SEPTEMBER 24, 2020

Amazon announced plans for Sidewalk last year, and the company said in this week’s update that it is now set to launch the initiative at some point in 2020. Call it “home connectivity beyond the home.”. eCommerce giant Amazon announced new details this week about Amazon Sidewalk, its bid to create a distributed (localized) IoT network.

Boston 210

Boston Community Software National 210

PYMNTS

AUGUST 8, 2017

With the advent of artificial intelligence (AI), retailers and merchants have the capability to reach a much larger array of consumers on an extremely tailored and personal level. As such, it should come as no surprise that many retailers are using AI to help boost both their products and services.

Retail 128

Retail Customer Experience Boston Branding 128

PYMNTS

NOVEMBER 3, 2020

Bloomberg reported this week that Boston-based home décor eCommerce giant Wayfair turned in strong Q3 financials, noting that the firm’s quarterly results “exceeded analysts’ estimates, suggesting the wave of home improvement inspired by the COVID-19 pandemic is lingering.”. percent of overall orders in Q3 2020 in contrast to 67.3

Boston 141

Boston Tools Report Branding 141

PYMNTS

AUGUST 24, 2019

Last year, in fact, some 80 million people bought mobile game tickets – and it is fairly certain that number will continue to increase in 2019 and into 2020. For the 2019 NFL season – PYMNTS is based in Boston, so Go Pats! – we can also expect more voice-assistant retail as part of the games.

Payments 161

Payments social media Mobile Seattle 161

PYMNTS

FEBRUARY 20, 2019

The company’s goal is to have Tide Cleaners at more than 2,000 spots across the United States by the latter part of 2020. There are currently boxes in Dallas, Boston, Cincinnati, Nashville, Denver, Washington D.C. The service works with drop boxes in offices, storefronts and high-rise buildings.

Omaha 145

Omaha Nashville Indiana Alabama 145

PYMNTS

JULY 30, 2019

in early 2020 through an agreement with Uber Eats.”. This rapid growth is expected to boost the market’s value to $38 billion by 2020. Need more evidence of the rise of mobile-order ahead offerings as 2019 gives way to 2020? Mobile represents roughly 60 percent of all digital restaurant orders today. Just look to Google.

Mobile 148

Mobile New York Philadelphia Google 148

PYMNTS

OCTOBER 26, 2016

As Forbes reported, the firm is opening is latest brick-and-mortar location in midtown New York City, with an eye on boosting its store count, from 27 now to 30 by the end of the year and 100 by the end of 2020 (Bonobos calls its locations “Guideshops”). The first standalone location was in Boston in 2012.

New York City 100

New York City Boston New York Analysis 100

PYMNTS

OCTOBER 8, 2020

We want restaurants to work so badly that we are willing to lie to ourselves,” Heather Mojer, co-owner and beverage director at Boston-based Big Dipper Hospitality Group , operator of the Café Du Pays, Mamaleh’s Delicatessen and State Park restaurants, wrote in an Instagram post. “We

San Francisco 291

San Francisco Boston Operations Report 291

PYMNTS

JANUARY 9, 2021

In it, a series of Boston Dynamics robots definitively answer the question: Do you love me, now that I can dance? Which, according to Aaron Saunders , Boston Dynamics’ VP of engineering, is pretty much the point: introducing the world to the fun side of robotics. The answer, incidentally, is yes. Yes, we do. And that was pre-COVID-19.

Boston 251

Boston Video Louisiana America 251

CB Insights

SEPTEMBER 26, 2018

While the store is a first for Nike, it’s part of a bigger trend in retail — product and inventory localization. how retailers can survive (and thrive) this holiday season. Learn about the technologies, innovations, and strategies that retailers can leverage during the holidays. Major retailers and brands go local.

Retail 64

Retail Los Angeles Strategy Community 64

PYMNTS

APRIL 10, 2019

The company has locations in cities like cities such as Boston, and Los Angeles, New York, among others. While there were only 25 American food halls in 2010 per reports, there are expected to be 200 food halls in the U.S. Eataly, for instance, had 35 locations and plans for several additional food halls in the coming years.

Los Angeles 116

Los Angeles Atlanta Boston Community 116

PYMNTS

SEPTEMBER 28, 2019

billion globally by 2020. It’s important for us as a pharmacy benefit management company, as a big retail pharmacy, to endorse digital therapeutics when they work as good as or better than medications one can take by mouth,” Dr. Brennan said. “We Boston Med has offered Sleepio since 2016. But does it really work?

Boston 145

Boston Study Maine social media 145

PYMNTS

OCTOBER 9, 2020

For those who operate restaurants or simply enjoy them, 2020 has been a nightmare. Drive-thrus have proven to be exceptionally popular, with visits to them increasing by 26 percent in Q2 2020 and accounting for 42 percent of all restaurant trips during this period. cities, including Boston, Chicago, New York and Washington, D.C.”.

Mobile 131

Mobile Boston Chicago Washington 131

PYMNTS

FEBRUARY 22, 2018

Restaurants may want to reach more delivery customers by expanding into new markets, especially as the market for food delivery could grow to $17 billion by 2020. And Grubhub has been in expansion mode , gobbling up Boston-based Foodler, Groupon’s OrderUp and Yelp’s Eat24 in 2017.

Marketing 134

Marketing Boston Operations Retail 134

PYMNTS

NOVEMBER 30, 2020

Consumers, it seems, need additional incentives to get the vaccine, above and beyond immunity to the virus that locked us all indoors all year and seems to be making a concerted effort to cancel Christmas in 2020. Walmart now operates 19 clinics inside its stores to attend to routine, non-emergency health matters. percentage points.

Arizona 160

Arizona Survey Boston Examples 160

PYMNTS

JUNE 10, 2020

The state legislature adopted such regulations in late 2019, permitting these services for use beginning in January 2020. It is only natural that consumers would expect the same ease of use and convenience in other areas of their lives as they have come to expect from retail shopping.

Online 131

Online Florida Meeting Regulation 131

PYMNTS

JUNE 20, 2019

And rapid growth is expected to boost the market’s value to $38 billion by 2020. At the same time, there are reportedly plans to bring the service to more markets in the months to come such as Chicago, Philadelphia and Boston. Through the service, New Yorkers can order Dunkin’ items via the Seamless or Grubhub mobile app or website.

Mobile 116

Mobile Jacksonville New York City New York 116

PYMNTS

NOVEMBER 23, 2017

The Centre for Digital Financial Inclusion has estimated 63 percent of retailers in the country are willing to adopt cashless payments — up from 31 percent prior to implementation of demonetization last year — in part as mobile phones are wielded by 84 percent of consumers.

Google 135

Google Samsung Boston Apple 135

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. How will we shop in 2020?

Maine 70

Maine Capital Rhode Island DC 70

PYMNTS

FEBRUARY 4, 2019

million in 2015 and projected to grow by $140 million by 2020. Frosty Ice Cream has deployed soft-serve trucks in the Boston area since 1958. Some businesses use food trucks to supplement their primary locations while others rely on the model to avoid the expense of building and maintaining brick-and-mortar locations. .

Massachusetts 100

Massachusetts Boston Cards Operations 100

PYMNTS

DECEMBER 31, 2020

For Main Street businesses, to say 2020 was challenging is an understatement. The good news, according to PYMNTS data , is that as 2020 is coming to a close, small- to medium-sized businesses (SMBs) are feeling genuinely more confident about their odds of continued survival than they were when the pandemic began.

Maine 169

Maine Philadelphia Community Boston 169

PYMNTS

JANUARY 30, 2019

As it stands, the chain has locations in cities such as Boston, New York and Los Angeles, among others. According to research that circulated in 2017, there are expected to be 200 food halls in the U.S. That was double the number reported at the time.

New York City 115

New York City Los Angeles New York New Jersey 115

PYMNTS

MARCH 9, 2020

We have a robust system that provides deep date customer a behavior and offer stats and many other management tools, and we will be rolling out new features throughout 2020.”. As the year rolls on he expects to launch in Seattle, Los Angeles, San Francisco, Austin, Dallas, Houston, Chicago, Boston and Miami.

Miami 130

Miami Los Angeles Austin South Carolina 130

PYMNTS

DECEMBER 18, 2019

Both Anheuser Busch and Boston Beer Company (better known as Sam Adams) have released their own versions of spiked seltzer. Well, if millennials and Gen Zs rediscover a passion for hard drinking in 2020, we suspect some of those alcohol-free bars might change up their lineups a bit to include harder spirits than fig juice. .

North Carolina 131

North Carolina Millennials America Boston 131

Banking 2020

FEBRUARY 2, 2016

There are lessons to be learned from experiences in retail. Well, there’s no doubt about this one: retail. Yes, retail for sure—a quick search online turns up hundreds of stories about retail omni-channel. In fact, 38% of retailers say this is a top priority. Wearable technologies? Social channels?

Retail 40

Retail Strategy Boston Industry 40