article thumbnail

Mall Vacancies At Highest Level In Eight Years

PYMNTS

Some geographies are coping with the upheaval in retail better than others, as vacancies in U.S. However, the retail vacancy rate was under 7 percent in 17 cities, with San Francisco taking the lead at 4.1 But 24 cities experienced vacancy rates that exceeded 12 percent, with the inclusion of Buffalo, Memphis and Albuquerque.

article thumbnail

Costco Is Finally Testing Curbside Pickup, But Is It Too Little, Too Late?

PYMNTS

The warehouse club quietly added curbside pickup as an option at three Albuquerque sites, although the option carries several provisos. In September, Chief Financial Officer Richard Galanti said during the company’s fiscal Q4 earnings call that “our view also is there’s some retailers that are doing it because they feel they have to.”. “We

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Taste Of New Mexico In A Subscription Box

PYMNTS

There’s a kind of a tradition of going into Albuquerque and trying to load up as much as you can,” Eric said. When people come back home to visit family, Eric said they take extra suitcases and fill them up with New Mexican food to take away. With his service, they can presumably choose to skip the suitcases on their next trips.)

article thumbnail

COVID-19: Real Trends and Stories From the Front Line

Gonzobanker

The mix of ATM numbers, combined with early retail re-openings, gives us the feeling that people may be using substantially less cash than before. billion, Albuquerque, N.M. What does this do to channel planning? As bankers re-open, this might be the opportunity to accelerate efforts to create new go-forward delivery operating models.

Trends 148
article thumbnail

The eCommerce Bachelor: Which City Will Get The Rose?

PYMNTS

As New Mexico’s capital city, Albuquerque naturally put in a bid, but the state’s more southern offering may prove more interesting, as it straddles the U.S.-Mexico Doña Ana County. Mexico border, making this a binational proposal.

article thumbnail

Netflix Adds 7M Subscribers In Q3 Earnings Beat

PYMNTS

production hub — Albuquerque, New Mexico — and the company notes that its “internal studio is already the single largest supplier of content to Netflix (on a cash basis).”. In its most recent letter, Netflix noted that it has “hundreds of people in physical production” working for the company on different scripted and unscripted titles.

article thumbnail

Restaurant Chains Feast On Millions From PPP Program

PYMNTS

Texas Taco Cabana, which has 164 outlets from Houston to Albuquerque plus a chain of chicken restaurants in Florida, posted $661 million in sales last year with a net loss of $84.4 “Blue states like California got a pathetic number of loans issued.”. million and got $10 million.