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Chapter 11 Watch: Austin Reed Bids Farewell, Staples Plots A New Course

PYMNTS

brands like apparel retailer Austin Reed, though, the weight of all that financial baggage is too much to crawl out from under. The Baltimore Sun is reporting that the Mars brand, which operates 13 stores across Maryland, will be selling off five of its locations and shuttering the remaining eight. For some U.K.

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The Global Bike-Share Boom: Dockless Models Look To Solve Urban Commutes & Transit Access

CB Insights

These bike-sharing systems improved upon the unmanageable systems of the late 20th century due to docking stations and software for tracking and managing bicycle fleets. Dockless systems require less hardware for securing and managing inventory, translating into lower capital costs, expanded geographical reach, and lower costs for consumers.

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12 Industries That Will Thrive Thanks To Millennials

CB Insights

In 2018, Marriott International opened a hotel designed specifically for young travelers in Tampa, while Hilton began building a new iteration of its millennial concept hotel, Tru, in Baltimore. Many millennial consumers are looking beyond older, legacy coffee brands to blends from boutique “third-wave” coffee roasters.

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Retail Reinvention: Why Retail Doesn’t Need Salespeople

PYMNTS

I remember working part-time at a major department store in Baltimore while I was going to school. I did — and Baltimore never had so many fashionably accessorized women when I worked there < wink > As we approached, and then entered, the 2000’s, and that focus began to shift a bit.

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