PYMNTS
JANUARY 11, 2021
retail rents falling in many locales by percentages even greater than those seen in or after the 2007-08 Great Recession. These decreases are historic,” the Real Estate Board of New York wrote in a new report showing that average Manhattan retail asking rents fell in all of the island’s 17 retail corridors during autumn.
PYMNTS
MAY 7, 2020
State governments are dropping the ball on retail reopenings. As the week plays out, inconsistent direction and confusion have been standard with New York, Texas, California and Hawaii getting criticized by retailers big and small. Northern California. For example, the Bay Area. By Monday it jumped to 9,978.
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PYMNTS
JULY 11, 2019
The California-based firm reportedly has “signed yet another partner to launch a new pilot of its self-driving goods delivery service: Texas-based supermarket chain H-E-B. The pilot will provide service to customers in Olmos Park, just outside of downtown San Antonio where the grocery retailer is based,” according to TechCrunch.
PYMNTS
SEPTEMBER 11, 2019
UPS , too, is going down the drone path – one that Amazon pioneered for retail delivery uses – and is seeking a certification to operate commercial drone flights. For instance, Amazon has begun using Scout , its six-wheeled autonomous delivery robot, in a neighborhood in Irvine, California, according to a report.
PYMNTS
JULY 2, 2020
The tech company, which has 271 retail shops in the United States, has recently closed 47 stores again, CNBC reported. Locations in California, Alabama, Idaho, Georgia, Oklahoma, Nevada and Louisiana are set to shutter on Thursday, while shops in Mississippi, Texas, Florida and Utah were shuttered as of Wednesday (July 1).
PYMNTS
JUNE 21, 2019
Part of the future of retail is playing out inside hotels — and that’s happening as the wider part of the travel-and-tourism industry is undergoing its own significant disruption. One of the latest — and perhaps wildest — examples of the hotel-retail trend comes from Taco Bell, of all places. Unattended Retail. Deeper Trend.
PYMNTS
OCTOBER 10, 2019
For instance, Udelv, a California-based firm, a few months ago reportedly “signed yet another partner to launch a new pilot of its self-driving goods delivery service: Texas-based supermarket chain H-E-B. Indeed, grocery is emerging as a main battleground for these early attempts at autonomous delivery. For instance, Kroger Co., Freight Play.
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