article thumbnail

Today In Payments: Apple Seeks Punitive Damages Against Epic; Boston Telemedicine Company Amwell Prices IPO

PYMNTS

Boston Telemedicine Company Amwell Prices IPO. Amwell, the Boston-based telemedicine company, is planning to go public as the demand for virtual healthcare offerings skyrockets amid the coronavirus pandemic. New Report: A Merchant's How-To Guide To Reopening Retail Stores. Grab Holdings Inc.,

Boston 131
article thumbnail

Boston Boosts Outdoor Seating For Restaurants

PYMNTS

The city reminded residents and visitors to Boston that COVID-19 is still a risk throughout the city: “If you choose to dine outdoors, please continue to take the necessary steps to protect yourself and others. Charlie Baker has said t he next phase of the reopening will include opening dining rooms.

Boston 131
Insiders

Sign Up for our Newsletter

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

article thumbnail

Simon Property Group Looks To Raise $300 Million For Shell Company

PYMNTS

Mall owner Simon Property Group has formed a “blank check” company to go on the hunt for “a company or assets with significant growth potential and prospects.” 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.

Groups 139
article thumbnail

Retail banks must simplify or die

Chris Skinner

This is Boston Consulting Group’s latest analysis of what’s happening in retail banking. I’m being lazy this week and just posting other people’s reports, but only because they’re really interesting.

Retail 150
article thumbnail

The Restaurant Group To Slash 125 UK Locations

PYMNTS

based The Restaurant Group , which serves up casual dining, reportedly plans to close 125 locations. According to the Financial Times , The Restaurant Group will use a “company voluntary arrangement” — which allows businesses to renegotiate debts with creditors. All told, the group could be left with 160 locations.

Groups 131
article thumbnail

Early Days: AI Shows Promise And Limitations For Retailers

PYMNTS

Start creating more customer data to feed the algorithm and then you too can join the artificial intelligence (AI) retail revolution. Retailers can engage with an “AI lite” strategy that produces lookalike customer data and a level of predictive analytics. But the present and future of AI in retail is much richer. Not so fast.

Retail 203
article thumbnail

Ouai Prepares For Ulta Beauty Store Rollout; Reliance Industries Launches Retail Service

PYMNTS

Ouai , a hair and body care brand founded by celebrity hairstylist Jen Atkin, will roll out some of its merchandise in 1,200 Ulta Beauty locations in addition to the retailer’s website on Sunday (Jan. The retailer wrote in a tweet , “We’re starting off the decade with a big announcement: “@theouai by Jen Atkin is launching at Ulta Beauty!”

Retail 131