PYMNTS

SEPTEMBER 20, 2019

Retailers are testing drone delivery to grow their omnichannel offerings and provide “store to door” on-demand service to their customers. The company said it is “in a unique position to capitalize on the convenience of drone delivery if and when it should expand.” Walgreens Boots Alliance, Inc. That effort is part of the U.S.

Retail 112

Retail Las Vegas San Diego Virginia 112

PYMNTS

JUNE 3, 2020

reported “continued momentum” with its The EXPRESSway Forward long-term strategy, as a phased reopening of retail locations started on May 1. The retailer, however, reported that consolidated net sales dropped 53 percent to $210.3 Additionally, Express said it decreased its forecasted yearly capital expenditures by roughly $25 million.

Columbus 130

Columbus Illinois Ohio Guidelines 130

PYMNTS

FEBRUARY 11, 2020

Yesterday, the smaller-scale fulfillment company closed $40 million in Series C funding, led by Activant Capital, bringing its total capital raised to $70 million. That’s where Deliverr comes in,” said Steve Sarracino, founding partner of Activant Capital, in a statement. population now within 100 miles of one of its warehouses.

San Francisco 131

San Francisco Capital Retail Chicago 131

PYMNTS

JANUARY 25, 2021

Twenty-two-year-old entrepreneurs Nick Hamburger and Zack Schreier started their first business in sixth grade, charging students at their Chicago-area school $3 for some cool Japanese soda pop that they bought for $1.25 — until the administration shut them down. Investor Daniel Lubetzky. Quevos is currently offering a $14.99

Chicago 291

Chicago Study Retail Company 291

PYMNTS

MARCH 15, 2019

Score one for the Midwest: Verizon said this week (March 13) it will launch its 5G network in Chicago and Minneapolis on April 11. The announcement from the mobile network provider serves as the latest demonstration that 5G is coming, and that retailers and payment services providers should get ready to operate in the 5G world.

Mobile 168

Mobile Indianapolis North Carolina Minneapolis 168

PYMNTS

AUGUST 2, 2017

Between automated checkout lines, online grocery ordering and meal kit services, it seems like the inexorable tide of progress is determined to wipe out millions of jobs across the retail and grocery sectors. Financial services firm Cornerstone Capital Group projected that robots will capture between 6 million and 7.5 In Other News….

Retail 124

Retail St. Louis Chicago Marketing 124

PYMNTS

MARCH 27, 2018

We are pleased to have reached an agreement and are excited about combining Brookfield’s access to large-scale capital and deep operating expertise across multiple real estate sectors with GGP’s portfolio of irreplaceable retail assets,” Brookfield Property Partners CEO Brian Kingston said in a statement, according to CNBC.

Chicago 122

Chicago Retail Operations Capital 122

Abrigo

FEBRUARY 12, 2020

“Macy’s closing 125 stores signals ‘more pain’ for retailers,” ABC News reported Feb. Retailers like Pier 1, Papyrus and Express are closing 1,000 stores. That’s just the beginning,” warned the Chicago Tribune less than a week earlier. CRE a top focus for many bankers. Assess and act on creditworthy CRE borrowers quickly.

Lending 195

Lending Trends FDIC Survey 195

PYMNTS

AUGUST 20, 2020

Chicago, Cincinnati, Milwaukee, Detroit and Indianapolis customers can order from Meijer and Fresh Thyme. The service launched in Atlanta, Chicago and Denver. A June fundraise put San Francisco-based DoorDash’s market capitalization at about $15 billion , but the company’s rapid growth has come with challenges.

San Francisco 130

San Francisco San Diego Los Angeles Milwaukee 130

Bank Innovation

APRIL 19, 2019

The Chicago-based bank is accepting applications from fintech startups for the 2019 BMO Harris/1871 Innovation Program through the end of the day today. BMO Harris Bank is expanding the scope of its in-house accelerator from a local to a national program. Ben Schack, Head of U.S.

Innovation 170

Innovation Chicago National Fintech 170

PYMNTS

OCTOBER 15, 2018

Some properties have trendy retailers and strong entertainment options, while other malls may rely on anchor stores for traffic and may find it harder to fill the space left behind when one closes. One mall located outside of Chicago, for instance, lost a Carson’s store and also has a Sears.

Las Vegas 179

Las Vegas Retail Chicago New York 179

PYMNTS

AUGUST 26, 2019

capital goods were up in July, but shipments were down by the most in about three years. In terms of the headline numbers, Commerce Department data showed that non-defense capital goods orders were up 0.4 In terms of the headline numbers, Commerce Department data showed that non-defense capital goods orders were up 0.4

US 108

US Capital Chicago Data 108

CB Insights

OCTOBER 9, 2018

Traditional retail is getting an upgrade. Despite the rise of e-commerce and mobile, the physical channel still plays an important role in consumer experience — and retailers are increasingly leveraging technologies to stay afloat. Get the entire 54-page retail report. Why Are retailers are pivoting towards cashier-less retail?

Retail 71

Retail Technology San Francisco Mobile 71

PYMNTS

AUGUST 6, 2019

Struggling to compete with online brands, famed Big Apple luxury retailer Barneys New York has put itself up for sale and filed for bankruptcy protection, according to a report by Reuters. . It’s also dealing with a massive rent hike at its headquarters which sent it frantically searching for a buyer. .

New York 108

New York Branding Las Vegas Seattle 108

PYMNTS

DECEMBER 11, 2017

Chicago-based GGP turned down the $23-per-share cash and stock offer on Nov. Office and retail properties owner and operator Brookfield Property noted in November that the acquisition deal would create growth for its company, as it looks to help GGP’s shopping centers transition into the modern days of retail.

Chicago 100

Chicago Retail Operations Capital 100

PYMNTS

SEPTEMBER 7, 2018

Other investors include Hyde Park Venture Partners, Bain Capital Ventures, Hyde Park Angels and Y Combinator. The fulfillment centers are located on the edges of metropolitan areas such as Chicago, New York and Dallas. ShipBob’s latest center will be in Cicero, a suburb of Chicago, and will have around 100,000 square feet of space.

Chicago 100

Chicago Dallas New York Capital 100

PYMNTS

JUNE 27, 2017

Chicago-based men’s grooming line Oars + Alps is hoping to change that with its $1.3-million Financing for this round came from Breakout Capital and the Levy family’s investment avenue. Outside of deodorant, beard trimming or shaving and cologne, there haven’t been too many ways for men to take care of themselves.

Millennials 115

Millennials Chicago Capital Online 115

PYMNTS

OCTOBER 19, 2018

The drop boxes will be in six cities — New York, San Francisco, Los Angeles, Chicago, Miami and Washington, D.C. — Currently, the company has five locations — in Chicago, New York, San Francisco, Los Angeles and Washington, D.C. Rent the Runway announced that it is setting up drop boxes at 15 WeWork locations across the U.S.

Los Angeles 135

Los Angeles San Francisco Chicago Washington 135

PYMNTS

JULY 29, 2020

The retail news is full of companies that have made brilliant and sometimes dramatic pivots to catch up with the shift to Digital 3.0. Last week, it announced that its products would expand beyond the Twin Cities to Madison, Milwaukee, Chicago and (in September) Denver. “I But sometimes the pre-pandemic plans work out just fine.

Milwaukee 130

Milwaukee Community Minneapolis Denver 130

PYMNTS

FEBRUARY 6, 2020

Foxtrot is currently based in Dallas and Chicago, but there are plans to expand elsewhere. Foxtrot’s use of online delivery is one of many attempts to reimagine classic retail, as customers demand convenience and on-demand control for their purchasing needs.

Dallas 131

Dallas Chicago Branding Online 131

PYMNTS

JULY 10, 2018

The Chicago-based population health services firm higi – which focuses on consumer-centric, data-driven engagement solutions for providers, payers, retailers and self-insured employers – has announced its latest big funding round. As of today (July 10), the firm has captured $21.3 As of today (July 10), the firm has captured $21.3

System 101

System Retail Capital Chicago 101

PYMNTS

NOVEMBER 3, 2020

The pandemic continues to have a monumental impact on commerce worldwide, with brick-and-mortar retail suffering due to unemployment, in-store safety restrictions and consumers’ concerns about contracting the virus during in-person interactions. The United States’ gross domestic product (GDP) has slipped 32.9

New York 175

New York United States Denver Chicago 175

PYMNTS

DECEMBER 4, 2019

We view LULU growth, durability and ROIC [return on invested capital] profile as most similar to NKE,” Analyst John Kernan said in a note to clients on Tuesday (December 3). In July, Lululemon revealed that it was opening a massive store in Chicago. Lululemon’s market cap is currently $29 billion, while Nike’s is $146 billion.

Marketing 131

Marketing Chicago Trends Capital 131

CB Insights

FEBRUARY 13, 2020

This growth has created major opportunities in the payments space, and companies like Stripe — the payments unicorn valued at a masive $35B — are hungry to capitalize on them. Stripe often states that less than 8% of total commerce occurs online, suggesting roughly $26T in global, omnichannel retail sales.

Online 98

Online Company Retail Payments 98

PYMNTS

APRIL 11, 2016

It might not be what they were expecting, but a beacon network and a white-label app from one Chicago-based startup might be just what they need. “Our mission is for you to feel like this app on your phone represents your apartment building,” Matteson told Chicago Tribune. through residents’ smartphones.

Chicago 100

Chicago Millennials Exercises Management 100

PYMNTS

MARCH 11, 2020

billion, on an 82 percent increase in retail sales. That is the most organic growth of any automotive retailer ever in the U.S. Orlando, Tempe, Cleveland, Philadelphia, Indianapolis, Pittsburgh, Chicago, Kansas City, Greensboro, Westminster (L.A.), Apparently that will get you in trouble on the Street. Ontario (L.A.),

Company 130

Company Miami San Antonio Oklahoma City 130

PYMNTS

FEBRUARY 7, 2018

Chicago-based startup subscription service and steam oven creator Tovala has received new funding from Tyson Ventures , the investment arm of food giant Tyson Foods, according to a Tuesday (Feb. 6) TechCrunch report. Wilcox’s modern design and Rabie’s idea for the subscription meal service previously earned the company $9.2

Chicago 116

Chicago Capital Branding Groups 116

PYMNTS

MAY 31, 2018

The paper reported that, in May, the online retailer “added two directors to its 11-member board that were nominated by activist investor Starboard Capital. Cars.com, based in Chicago, launched in 1998 and became a public company in 2017 in its spin-off from TV broadcaster and digital media firm Tegna. and autoscout24.de.

Indiana 105

Indiana social media Illinois Georgia 105

PYMNTS

NOVEMBER 14, 2018

In addition, jobs will be created in coffee shops, restaurants, retail stores and with various service providers to support Amazon workers, of course. “I Meanwhile, in at least one city that Amazon turned down (Chicago), creative marketing types exacted a bit of benign revenge on the company via its own technology.

New York City 122

New York City New York Virginia Chicago 122

Abrigo

AUGUST 10, 2015

In the same way, financial institutions conducting stress tests to satisfy prudential regulators’ queries on reserves and capital can generate additional benefits from this process, according to Elizabeth Williams, managing director of financial consulting firm CEIS Review Inc. Incorporate into capital-planning process.

Risk Management 150

Risk Management Exercises Capital Regulation 150

PYMNTS

OCTOBER 3, 2019

Brex Co-Founder and Co-CEO Henrique Dubugras said in a press release , “Even before customers think about credit cards, they need a place to store their business capital. The app is in testing in Chicago and will show available shifts that companies are aiming to use temporary workers to fill. Inside Taco Bell’s Omnichannel Overhaul.

Management 108

Management Fraud Payments Boston 108

PYMNTS

MARCH 25, 2019

Those controversies have notably played out in San Francisco , though other cities, including Chicago and Los Angeles, are going through them at their own pace. And investors are still pouring capital into companies operating in the sector.

Los Angeles 135

Los Angeles Payments San Francisco Chicago 135

PYMNTS

MAY 29, 2018

billion from spending, executives of Kraft Heinz said it’s now time for growth and investment, The Chicago Tribune reported. More specifically, Chief Financial Officer David Knopf said the company plans to invest $800 million in capital expenditures, $300 million in its brands and workforce and $1.3 After cutting $1.7

Chicago 101

Chicago Branding Capital Marketing 101

PYMNTS

SEPTEMBER 8, 2017

The physical retailer is joining forces with the online juggernaut and is debuting a “smart home” experience across 10 stores in Chicago and Los Angeles. Research from Fung Global Retail & Technology shows that smaller players are likely to vie for a piece of the pie that is 90 percent dominated by Alibaba and Tencent-backed firms.

Los Angeles 115

Los Angeles Compliance Capital Retail 115

PYMNTS

SEPTEMBER 6, 2018

They also stand as a marker for all the changes that have come to vending machine retail — including recent developments tied not only to the generally healthier consumption habits of U.S. The capital will support hiring and the deployment of up to 500 new machines to St. Vending Investment. Louis, Cincinnati and other areas.

St. Louis 109

St. Louis Payments Mississippi Alabama 109

Celent Banking

OCTOBER 21, 2016

It's hard to believe that an entire month has gone by since Oracle OpenWorld in San Francisco — but baseball fans will have noticed that things have been a bit hectic here in Chicago of late. Most banks, however, are not Capital One. Banks can roll their own code, spool up a VM, and off they go.

Chicago 100

Chicago San Francisco Cleveland Data 100

PYMNTS

JANUARY 26, 2017

The Boston- and Colorado-based startup was founded in 2013 and to date has received over $70 million in venture funding from investors Evolution Media Capital and North Bridge Venture Partners & Growth Equity. and has since rolled out to Chicago. The company has plans over the next two years to expand into more major U.S.

Washington 100

Washington Colorado Illinois Boston 100