PYMNTS

FEBRUARY 20, 2019

That means otherwise straightforward and common small business duties, like banking , taxes and payroll, can be problematic for firms in the cannabis industry that are legally required to operate almost entirely in cash. Those complexities are well-known and often covered.

Retail 136

Retail District of Columbia San Francisco Denver 136

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. The new company will be a special purpose acquisition company (SPAC) called Simon Property Group Acquisition.

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

AUGUST 10, 2020

Boston-based Advent International , a global private equity firm focused on overseas buyouts, has purchased a stake in the United Kingdom’s parcel delivery group Hermes for 1 billion euros ($1.3 But the firm said it cannot predict how a global economic downturn would impact consumer spending or how badly it could hurt its operations. “I

Boston 141

Boston Online Groups Retail 141

Chris Skinner

MAY 18, 2017

Can Wal-Mart’s Expensive New E-Commerce Operation Compete With Amazon? A recent acquisition spree including Jet.com gives the retail giant much-needed digital chops by Brad Stone and Matthew Boyle from Bloomberg Business Week Last summer, Marc Lore, founder and chief executive officer of e-commerce startup Jet.com Inc.,

Omaha 277

Omaha Video Arkansas Boston 277

PYMNTS

NOVEMBER 7, 2018

The health retailer is looking to open concept stores in the beginning of 2019, CNBC reported. The retailer plans to focus on the management of chronic conditions, such as asthma, kidney disease and cardiovascular disease, while also seeking to encompass more services at its MinuteClinics.

Boston 118

Boston Retail Branding Report 118

PYMNTS

OCTOBER 17, 2017

It’s a hungry brand, gobbling up three different food delivery competitors in the last quarter alone: Boston-based Foodler, Groupon’s OrderUp and most recently, Yelp’s Eat24. OrderUp does, however, continue to operate in 11 markets, which license the platform’s technology and mobile app, though they may not be doing business under its name.

Baltimore 138

Baltimore Boston Chicago Mobile 138

PYMNTS

OCTOBER 19, 2020

More consumers mean more sales – and more sales means growth, expansion, jobs and prosperity for the business, its workforce and the local economy in which it operates. The owner of an upscale hair salon in Boston is an example of a business living this reality. Social proof can also work in reverse. Saving Main Street.

Maine 199

Maine Boston Branding Retail 199

PYMNTS

APRIL 22, 2019

“We look at Recess’ launch on Uber Eats as another distribution channel for the brand, with Recess IRL [the company’s New York shop] serving as the storefront for on-demand delivery operations,” said Benjamin Witte, founder and CEO of Recess. We also believe that a retail presence across every channel (online, retail, on-demand, etc.)

New York 172

New York San Francisco New York City Boston 172

PYMNTS

AUGUST 11, 2017

a premium outerwear brand known for its goose-down jackets with fur-trimmed hoods, has announced that it plans to open three more retail locations in the fall: in Boston, Calgary and Tokyo. The new Boston Canada Goose store will be located in the urban, upscale Prudential Center shopping mall. Canada Goose Holdings Inc.,

Company 101

Company Boston New York City Chicago 101

PYMNTS

DECEMBER 6, 2019

Also, the co-founder of Boston-based payments firm Circle will step down from his co-CEO role at the end of the month. The co-founder of Circle, a Boston-based payments firm, will step down from his co-CEO role at the end of the month. And Uber has debuted a group ordering option.

Training 130

Training Boston Payments Tools 130

PYMNTS

JANUARY 16, 2019

Vancouver-based Indochino, which currently operates 38 showrooms , said six locations will open this year in the Northeast, including Brooklyn, N.Y.; as well as a second Boston location and a fourth in the Greater Toronto Area, according to Chain Store Age. Boston’s Seaport district and Roseville are scheduled to open in March.

San Diego 122

San Diego San Jose Portland Oregon 122

PYMNTS

NOVEMBER 24, 2020

Retailers, in particular, are wary of adopting 2FA because of the frictions the method can present, and their fears are not without merit. One recent survey found that roughly 50 percent of consumers abandoned onboarding attempts that they described as cumbersome or untrustworthy over the past 12 months, for example.

Online 272

Online Report Customer Experience Analytics 272

PYMNTS

NOVEMBER 5, 2019

Sources told Bloomberg that the retailer had discussions with lenders and equity holders from its previous bankruptcy filing, including Oaktree Capital Group, with some investors agreeing to rework about $280 million of debt and to provide $55 million of new money to keep the company in business. Canada, U.K.

Pennsylvania 101

Pennsylvania Boston Maine Retail 101

PYMNTS

JUNE 10, 2020

What The Restaurant Group wants to do is lower its rent in 85 locations to keep them operating. There is one shining light in the company’s operations: the pan-Asian brand Wagamama, which has performed well since the Restaurant Group bought it in 2018. All told, the group could be left with 160 locations.

Groups 131

Groups Massachusetts Boston Operations 131

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. The ShipMonk funding is part of a surge in cash going to such B2B companies as GoSite , which targets small and medium-size businesses (SMBs) that are moving operations online.

Boston 167

Boston Branding US Online 167

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

MAY 27, 2020

The New York-based company owns and operates fast-casual restaurants including some Five Guys locations, Melt Shop and The Little Beet. . West Palm Beach, Florida-based TooJay’s Original Gourmet Deli, which operates 24 restaurants, has filed for Chapter 11 bankruptcy protection. restaurants to reopen, but the rest are at risk.

Florida 131

Florida New York New York City Delaware 131

PYMNTS

OCTOBER 12, 2020

When asked, fear of crowds surfaced as consumers’ primary reason for preferring to carry on with digital-first experiences when it comes to shopping for groceries (57 percent), purchasing retail products (52 percent) and even ordering food from restaurants (45 percent). The SMB Pinch. The Power of Persistence.

Retail 220

Retail Study Report Boston 220

PYMNTS

DECEMBER 24, 2020

Building The (Retail) Use Cases. Meanwhile, Visa said that crypto-banking platform operator Ternio had joined the payments giant’s Fast Track program as a cryptocurrency-focused enablement partner. As reported, the company also said bought $50 million of bitcoin to hold on its balance sheet.

cryptocurrency 258

cryptocurrency Bitcoin Course Boston 258

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

SEPTEMBER 30, 2016

Cosi, the Boston-based sandwich chain renowned for its flatbread sandwiches, filed for bankruptcy in a Boston courtroom. Cosi operated 74 company-owned restaurants and 31 franchised restaurants in 15 states at the time of filing. Will Sears be the next major retailer to file for bankruptcy? The company also fired CEO R.J.

Boston 100

Boston Retail Nebraska Study 100

PYMNTS

APRIL 8, 2016

Online retail is known for moving fast, and sometimes, the execs pulling all the levers behind the scenes move even faster. Walmart confirmed on Thursday (April 7) that Brian Monahan, formerly the head of marketing for the retailer’s U.S. online operations, had vacated his post effective April 1.

Online 100

Online Conference Boston Retail 100

PYMNTS

OCTOBER 8, 2020

And restaurant operators are aware. 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

OCTOBER 12, 2020

The pandemic, no surprise, has spurred the shift, especially in the retail space, where the share of respondents who reported switching to online transactions was up 28 points since March. As many as 40 percent of individuals are shopping online more often, which of course means they are shopping in stores less often.

Boston 233

Boston System Online Payments 233

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 31, 2016

From loyalty to inventory management and data to omnicommerce strategy, there’s no shortage of available features and options for retailers looking to upgrade to full-service payments solutions. Even after a retailer does find a suitable option, integrating the system into their operations can be a challenge.

Payments 100

Payments Boston Retail System 100

CB Insights

DECEMBER 19, 2017

Modern-day retail is at an inflection point as retailers face struggling physical storefronts, massive debt, and inefficient operations, among other issues. Formerly beloved brands such as Aeropostale, American Apparel, and PacSun bit the dust in 2016, and the pace of retail deaths has accelerated since then.

Retail 78

Retail Branding Company Capital 78

PYMNTS

JUNE 26, 2018

“We’ve been delighted with the customer response to delivery in as little as an hour through Prime Now, and we’re excited to bring the service to our customers in Chicago, Houston, Indianapolis, Minneapolis and San Antonio,” said Christina Minardi, Whole Foods Market Executive Vice President of Operations.

San Antonio 113

San Antonio Indianapolis Houston Minneapolis 113

PYMNTS

MAY 1, 2020

But what about the entrepreneurs who are still hanging onto their dreams of starting a retail business? Quite the contrary,” says Bob Brennan, chairman of the National Expansion Council and one of the directors of a nonprofit organization called Entrepreneurship for All (EforAll) based in Boston, Massachusetts. “I

Community 148

Community Massachusetts Boston social media 148

PYMNTS

JUNE 6, 2019

Skirting Cash Shortages at Boston Pride. Boston’s pride celebration is one of the season’s biggest events for Mandy Roberge, the owner and artist behind Wicked Good Henna. The 2018 Boston Pride parade reportedly saw more than 750,000 spectators and over 55,000 marchers.

San Diego 137

San Diego Boston Cards New York 137

PYMNTS

SEPTEMBER 17, 2020

Earlier this year, as noted by PYMNTS , the bank said it “established a small in-house Innovation Lab as a way to strengthen engagement with, and understanding of, new and emerging technologies that are relevant to its policy and operational responsibilities.”

Policies 181

Policies Boston Examples ATM 181

PYMNTS

OCTOBER 2, 2017

In retail news, home goods eTailer Wayfair announced Friday (Sept. Currently available in 10 retail markets — including Atlanta, Boston, Chicago, Dallas, New York City and San Francisco, among others — Chain Store Age reports the new feature will “transform what is considered a time-consuming, even frustrating, process.”

San Francisco 101

San Francisco New York City Cleveland Detroit 101

PYMNTS

JULY 16, 2020

But despite the recent rise in cases in several parts of the country, New York has been preparing for the fourth wave of its reopening strategy on Monday (July 20), which would allow for malls and cultural institutions to open, although indoor operations will remain closed.

New York 141

New York Boston Conference Policies 141

PYMNTS

AUGUST 4, 2020

The chain also operates stores in New Jersey, Delaware, Maryland, Virginia and Washington, D.C. In addition, Wawa has announced its plans to add a drive-through feature to a new store under construction in Westhampton, New Jersey. Wawa offers freshly prepared foods, beverages, coffee, fuel and surcharge-free ATMs.

New Jersey 155

New Jersey Delaware Maryland Pennsylvania 155

PYMNTS

FEBRUARY 26, 2019

The access is exclusive to Caesars locations across select states where the company operates casino properties. ” Founded in 2012, Boston-based DraftKings offers daily fantasy sports contests across 11 professional sports and in eight countries, including the U.S., and Australia. . and Australia.

Online 108

Online Mississippi New Jersey Boston 108

PYMNTS

JANUARY 22, 2019

According to a report in USA Today , Starbucks is rolling out the delivery expansion in San Francisco on Tuesday (January 22) and will extend it into Boston, Chicago, Los Angeles, New York, and Washington D.C. Starbucks is adding more cities to its delivery network via a partnership with Uber Eats. during the next few weeks.

Los Angeles 144

Los Angeles San Francisco Miami Boston 144