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Brookfield Asset Earmarks $5 Billion To Help Struggling Mall Retailers

PYMNTS

“We believe this is a critical component to getting the economy moving again, and we would like to partner with companies and entrepreneurs that can draw on our capital and expertise to stabilize and grow their business,” Bloom said, according to CNBC. Last year, over 9,000 retail stores closed in the U.S.,

Las Vegas 141
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High Times Plans Brick-And-Mortar Locations

PYMNTS

As it moves into the business of cannabis retail and hangs out its shingle in the industry, High Times is opening its own brick-and-mortar stores this year. announced it would be bringing a flagship retail store to Los Angeles and Las Vegas. They will operate under the logo and name of High Times. Hightimes Holding Corp.

Las Vegas 131
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Consumer Foot Traffic Up, But Time Spent In Store Is Shorter, Mall Group CEO Says

PYMNTS

The owner/operator of 85 shopping centers in California, Colorado and Illinois said shoppers are returning to recently reopened malls, but they’re not lingering, according to a CNBC report. For us, our biggest focus is making sure our small businesspeople survive,” he said.

Groups 205
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Malls See Increase in Foot Traffic, But Less Time Spent In Store

PYMNTS

The owner/operator of 85 shopping centers in California, Colorado and Illinois said shoppers are returning to recently reopened malls, but they’re not lingering, according to a CNBC report. For us, our biggest focus is making sure our small businesspeople survive,” he said.

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Why Voice Authentication’s Doing Prison Time

PYMNTS

What eventually becomes cutting-edge in retail and payments often originates in places that are dedicated to security, not commerce. Those efforts come as voice-assistant and voice-activated technologies — different, of course, from voice-print biometrics — are having a moment in the retail spotlight. Voice-Print Efforts.

Fraud 161
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Possible Sale Of Cars.com Comes Amid Stronger Digital Ties For Automotive

PYMNTS

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. A Walmart representative said locations will open in Georgia, Illinois, Indiana and Virginia soon, as well as on a microsite on Walmart.com. and autoscout24.de.

Indiana 105
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Spilling Business Beans

Independent Banker

In Illinois, a loan participation plan by a community bank “insourced” jobs to the local area from overseas. In 2011, the company purchased a Costa Rica-based company with the intention of moving its operations to Rockford, Ill. Customer Speak’s expansion is expected to create 150 jobs over its first two years of operations.

Oregon 70