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Simon Says It Hopes To Save Struggling Mall Retailers

PYMNTS

said Wednesday (July 31) it is considering retail investment as it looks to keep stores in the black, according to CNBC. “I We’re certainly as good as the private-equity guys when it comes to retail investment. Simon added that the company would be selective in supporting retailers, only buying into brands with volume.

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Simon CEO Won’t Promise Tough Retail Times Are Over

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While the CEO of the country’s biggest mall owner thinks that retail store closures will slow down this year, he added that he “can’t guarantee it.”. “I His latest comments come after Simon admitted in February that he was “nervous” about additional retail bankruptcies happening during the first quarter.

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eCommerce Shift Helps Fuel Strong Sales At Pier 1 Imports, Dressbarn

PYMNTS

Retail Ecommerce Ventures (REV) , the incubator that relaunched Pier 1 Imports and Dressbarn in 2020, noted that the migration to eCommerce in addition to trends such as the “quest for comfort at home” fueled formidable sales at the two brands, according to an announcement.

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Hurricane Florence’s Retail Punch

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But the excitement — high drama — warm-up commerce run is now over, and the main event is underway as Florence — and Florence is forecast to be the worst storm of its kind to hit North Carolina in nearly 64 years — is expected to have major effects on retail sales, employment and real estate in the state for a long time after the winds stop blowing.

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Verizon 5G Network Launch Foreshadows Mobile Commerce Changes

PYMNTS

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. 5G Potential.

Mobile 168
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AT&T Jumps On The 5G Bandwagon

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The cities that will have the 5G technology available this year include Atlanta, Charlotte, N.C., Dallas, Houston, Indianapolis, Jacksonville, Fla., “As of today’s announcement, we’ve installed the latest mobile 5G network equipment in areas in the 12 markets where we plan to make 5G available in 2018.”. Louisville, Ky.,

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What’s The Reward For Early 5G Deployment? Asia Will Soon Find Out

PYMNTS

It’s difficult to say what retail and payments use cases will emerge from these early 5G deployments in South Korea – but they are coming, and not just from that country. A big part of the 5G pitch involves its retail capabilities. The work toward 5G services that could directly impact payments and commerce has started. In the U.S.,

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