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eCommerce Brands Find A Home At The Mall

PYMNTS

Digitally-native brands are testing the brick-and-mortar retail waters, and, now, new malls are set to have entire spaces designed around them: Hudson Yards, which is under development in Manhattan by the Related Companies and Oxford Properties Group, will reportedly house a dedicated floor for these brands called The Floor of Discovery.

Branding 194
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Fourpost’s Plan To Revamp Physical Retail

PYMNTS

The problem with contemporary physical retail, according to Fourpost Founder and CEO Mark Ghermezian, is that it has simply failed to keep pace with direction and push of modern retail. And Triple Five Group has long been a proponent of experiential retail — far longer than it has been fashionable buzzword in the industry.

Retail 166
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Megamalls Like Mall Of America And American Dream Face Mega Problems 

PYMNTS

malls — Minnesota’s Mall of America and New Jersey’s American Dream mall — are struggling, with the company that owns both recently skipping a third straight payment on the Minnesota property. Beyond stores, the site includes a Nickelodeon-branded indoor theme park, an ice skating rink, a golf course and an indoor ski slope.

America 251
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Target Brings Local Crate Meal Kits To More Stores

PYMNTS

Following a test of Local Crate in select stores, Target is bringing the company’s meal kits to over 200 stores in California and Minnesota. The retailer had also tested meal kits from Hello Fresh , Tyson Tastemakers , Chef’s Menu and Chef’d in select stores, the Star Tribune reported.

Minnesota 108
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SMBs Rake In Sales As Prime Day Wraps

PYMNTS

Small and medium-sized businesses raked in sales during Amazon’s Prime Day extravaganza, as the now-annual shopping event spawned imitators with hundreds of rival retailers offering competing promotional events. on Tuesday, however, the site said it had counted more than a whopping 300 retailers running offers related to Prime Day.

Retail 108
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Here Are 35 Casualties Of The Retail Apocalypse And Why They Failed

CB Insights

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
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Cargill And Getting More Turkeys On The Blockchain

PYMNTS

The Minnesota-based firm is a an old-school kind of company; founded in 1865, it sells a pretty old-school product, as Americans have been eating turkey on Thanksgiving Day since the 1800s. Some 3,500 retail locations nationwide will have the traceable turkeys on offer, according to Cargill.