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Vacancy Rate At Shopping Centers Hit 10.2 Percent In First Quarter

PYMNTS

Reuters , citing Reis, the real estate research firm, reported the vacancy rate in 28 of the 77 metro areas increased during the first three months of 2019. As the retail sector continues to undergo restructuring, a number of retail real estate markets face more vacancies and falling rents. percent to 9.3

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American Apparel And Postmates Pair Up

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While the eCommerce giant has managed to narrow this window to one or two days, an unlikely brand is saying that it should take no longer than an hour. ” While Luedorf and American Apparel might be hitting the express delivery point hard, it only applies to a subset of 50 products the retailer is dubbing as “basics.”

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Kroger’s Quiet Digital Grocery Push

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The operator of over 2,000 grocery stores nationwide, the company is the second-largest physical retailer in the U.S., according to a National Retail Federation ranking. With its size, Kroger packs a private label punch: The retailer carries around 30,000 SKUs (stock keeping units) for 8.2 The Power of Size .

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Alexa’s Global Ambitions

PYMNTS

When Alexa debuted in those nations, users were able to converse with Alexa in their native language — and developers were given local language editions of the Alexa Skills Kit and Alexa Voice Service to program in. And there are already hundreds of skills for French customers from some of the most popular brands in France.”.

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The Real Hunger Games: A Battle Royale In The Grocery Aisles

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Once the 24 competitors (tributes) get to the games, they then battle to the death for a national audience that is required by law to watch the games. online grocery sales since 2017, the largest share of any single retailer and double its closest competitor. According to the Harris Poll, Amazon is the most trusted U.S.

Branding 101
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Retail’s Small Business Crisis

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have a retail crisis — or a small business crisis? Which is why “fixing” retail must include giving SMB merchants the tools they need to compete in the very dynamic environment that now defines Retail U.S.A. Brookings reports that the 100 largest metro areas in the U.S. So, what does this all have to do with retail?

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Whole Paycheck Tracker: Accelerating Automation To Capture Consumer Spend

PYMNTS

Robotics and automation were areas of focus for both retailers this week as they seek to upgrade their operations in an effort to capture more consumer spend. The move comes as cities and states are passing bans on cashless retail establishments, on the argument that such retail discriminates against unbanked consumers.

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