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How A New Name Sparked An Unattended Retail Turnaround

PYMNTS

Case in point, Stockwell: a self-service retail venture that got off on a very wrong foot with customers by, among other things, choosing the wrong name. The Washington Post branded Bodega the most hated startup in America. Most brands hope to make a big splash when they enter the market – but not for this type of reason.

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Why Online Retailers Go To Nordstrom To Try On Physical Retail

PYMNTS

While this early part of 2016 has been some tough sledding for Nordstrom on the sales and revenue front, The Street in many corners continues to look favorably on the high-end retailer. Some 62 percent of Nordstrom’s 120-plus stores are in elite malls like Roosevelt Field in Long Island, Short Hills in New Jersey or The Galleria in Houston.

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Warehouse Space Going For Premium Rates

PYMNTS

Brick-and-mortar merchants are far from being free from the problems that plague their particular brand of retail, but even they have to look at online retail rising rents for warehouse space with a little bit of mirth. Of the 57 major retail markets studied, 37 of them posted decreases to warehousing availability.

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Kroger Rolls Out New Grocery Delivery Offering

PYMNTS

The offering will debut in Houston, Louisville, Nashville and Kroger’s hometown of Cincinnati, Chain Store Age reported. Our new service is just one more way we are redefining the customer experience as part of Restock Kroger, bringing more convenience and options to shoppers across America.”.

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5 New Year’s Resolutions For Any Sized Bank That You Must Get Right in 2023

South State Correspondent

While the current growth rate needs to be left to each bank based on their capital cost, market, and risk tolerance, the general guide is that growth should be in the 3% to 5% range for this year. When offering a higher money market or CD rate, the direct damage done to cost of funds is often the least of a bank’s worries.

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The Warehouse Building Rush Brought By eCommerce

PYMNTS

Ecommerce is really changing the shape of the market,” said Perry Colosimo, a FedEx spokesman, in a written statement. “We All in, developers have added 56 million square feet of space, and the market has grown a staggering 25 percent. The neighborhood itself is a virtual who’s-who of America retail: Walmart Stores Inc.,

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Kroger Same-Store Sales Miss Views As It Overhauls Stores

PYMNTS

Ever since Amazon acquired Whole Foods Market , Kroger has been in reinvention mode, launching new services to match the eCommerce giant. Our new service is just one more way we are redefining the customer experience as part of Restock Kroger, bringing more convenience and options to shoppers across America.”.