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Boston Fed Chief Rosengren Expects Jobless Rate To ‘Rise Dramatically’

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Boston Federal Reserve President Eric Rosengren said on Wednesday (April 1) that despite the best efforts of politicians and central bankers to contain COVID-19’s economic impacts, the U.S. He added that worker furloughs have also already begun, “particularly in the hotel, retail, travel and restaurant industries.

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What Famed Boston Eatery Petit Robert’s Owner Sees As Restaurants’ Future

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Boston’s Petit Robert Bistro , one of the city’s fanciest French restaurants, started 2020 with expectations that were anything but small. But as Massachusetts slowly lifts its ban on most retail operations, Le Garrec said there are still more unknowns than knowns for restaurateurs like himself.

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Boston Boosts Outdoor Seating For Restaurants

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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.

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

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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.

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Tech Center: Boston Steps Up Its Tech Game

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Known for its Irish roots and sports teams, the city of Boston has significantly stepped up its technology game over the past few years. With 35 higher education institutions in the Boston area pumping out innovative tech startup companies left and right, the city has attracted big-time players in the industry. billion in 2015.

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Sephora Launches First Small Concept Store In Boston

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Sephora has announced the launch of Sephora Studio, a new, 2,000-square-foot concept store in Boston that will focus on artistry and skin care services. According to a news release , the opening of the brick-and-mortar Boston location comes on the heels of the company’s largest North American store opening on Manhattan’s 34th Street.

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Early Days: AI Shows Promise And Limitations For Retailers

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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.

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