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DECEMBER 11, 2018

Retailers are doubling down on toys amid a gap in the market left by the bankruptcy of Toys R Us. toy retailer Hamleys , for instance, is eyeing a potential New York City location for a flagship store. The atmosphere comes as brick-and-mortar retailers have to differentiate themselves from their eCommerce counterparts.

Retail 166

Retail US New York City Los Angeles 166

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OCTOBER 23, 2018

To help shoppers check out without waiting in line, grocery retailers are rolling out entire stores centered around cashierless shopping experiences, enabling consumers to purchase fresh food and grocery items with a mobile payments app. The projected value of the global self-service market by 2023 is $13 billion.

Retail 161

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APRIL 12, 2016

It’s what’s turned the retail word upside down as consumers with their mobile devices have decided they’d rather buy from their couch with their mobile phone than schlep to the mall. In other words, kick the door wide open to remote retail. Meeting the consumer where they are. That’s the mantra of innovators everywhere.

Retail 100

Retail Technology Chicago Samsung 100

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OCTOBER 21, 2016

Retailers that are unable to call on substantial financial reserves are struggling in the current environment. Mobile shopping is growing and a key focus of retailers going into the holiday season. Mobile shopping is growing and a key focus of retailers going into the holiday season. to less than $0.29. Sears Holdings Corp.

Retail 100

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MARCH 11, 2020

A Newark Airport store will start using Amazon’s Just Walk Out cashierless technology on March 16, just days after the company announced it was licensing the platform to retailers, according to reports on Wednesday (March 11). . OTG operates 350 restaurants and shops in 10 airports, including in Minneapolis, Washington D.C.,

San Francisco 130

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JANUARY 8, 2020

Case in point, Stockwell: a self-service retail venture that got off on a very wrong foot with customers by, among other things, choosing the wrong name. Most brands hope to make a big splash when they enter the market – but not for this type of reason. When Stockwell launched in September of 2017, it went by a different name: Bodega.

Retail 130

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MAY 2, 2019

Convenience store operator 7-Eleven is launching beer and cider delivery in select U.S. ” According to Fortune , the company will test the service in 18 markets: Austin, Texas; Charlotte, North Carolina; Chicago, Illinois; Dallas-Ft. .” Customers can place their beer orders via the 7Now app.

St. Louis 129

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FEBRUARY 6, 2018

Fanatics , a company that sells Team USA merchandise, has taken a novel approach to Olympic retail this year with a physical store in a major U.S. The store marks a milestone for Team USA: It’s their first in-person retail store outside the Olympic Training Center in Colorado. Retail Gold.

Retail 118

Retail Strategy New York City Los Angeles 118

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OCTOBER 18, 2019

Brick-and-mortar retailers are joining forces with online reCommerce companies to bring pre-owned merchandise into their stores, adding to their sustainability efforts. They were to be available in some Chicago, Nashville, Austin and New York stores beginning on Oct. Beyond Madewell, other retailers have collaborated with thredUP.

Retail 101

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AUGUST 27, 2018

It’s a good time to be a retail chain. Retail Ascent. Retail is on the ascent. In July, retail sales increased 0.5 Economists had only forecasted retail sales going up 0.1 percent, online and mail-order retail sales increased 0.8 Retailer Woes. Not every retailer is experiencing good times, of course.

Retail 100

Retail Los Angeles Milwaukee Chicago 100

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. They're kind of like chips. Hamburger recalled. “We

Chicago 291

Chicago Study Retail Company 291

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AUGUST 10, 2018

Traditional retail locations, ranging from fashion and home furnishings to hardware and department stores, have been forced to make significant changes in the face of heightened competition from eCommerce giants like Amazon and omnichannel powerhouses, like Walmart and its online unit, Jet.com.

Digital Strategies 104

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JULY 22, 2019

Once the transaction closes, Reverb will continue to operate as a standalone business. Vibrant two-sided marketplaces are lightning in a bottle — there are only a handful of them operating at scale — and Reverb is one,” said Etsy CEO Josh Silverman in a press release.

Marketing 109

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OCTOBER 23, 2020

In the longer run, the service will grow over the next several months to the grocer’s 570 retail locations throughout California, Illinois, Pennsylvania and Florida. Prime members in more than 2,000 locations can also receive unlimited free, two-hour delivery from Amazon Fresh and Whole Foods Market on orders of $35 or more.

Arizona 170

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AUGUST 30, 2018

Brands might want a space to test new concepts with shoppers in brick-and-mortar retail environments, but they don’t always want the time and expense involved in building out a permanent store. It also comes with a bit of staffing twist, as Macy’s own team members will service the brands per a February The Market@Macys report.

Branding 143

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MAY 21, 2018

Once the deal is complete, the merged company will have a Chicago deposit market share of 6.5 percent, ranking in fourth place in total deposits and second in retail deposits among the close to 200 banks in the region. We view MB Financial as a unique partner in our efforts to build scale in this strategically important market.

Chicago 100

Chicago Regional Marketing Company 100

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FEBRUARY 19, 2020

But Foxtrot, a small company out of Chicago, is reinventing convenience store retail and taking it uptown. It’s an ambitious business model, which so far has been limited to eight locations in Chicago, but certainly enough to prove the concept for LaVitola, who is an investment banker by trade, and his team. percent.

Chicago 130

Chicago Washington Retail Dallas 130

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FEBRUARY 19, 2020

But Foxtrot, a small company out of Chicago, is reinventing convenience store retail and taking it uptown. It’s an ambitious business model, which so far has been limited to eight locations in Chicago, but certainly enough to prove the concept for LaVitola, who is an investment banker by trade, and his team. percent.

Chicago 130

Chicago Washington Retail Dallas 130

PYMNTS

JUNE 26, 2018

Grocery delivery for Prime members is taking its next great leap forward as Amazon and Whole Foods have announced that Prime Now Grocery is expanding to Chicago, Houston, Indianapolis, Minneapolis and San Antonio. Customers can start shopping from Whole Foods Market selection from the Prime Now website or by using the app available.

San Antonio 113

San Antonio Indianapolis Houston Minneapolis 113

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OCTOBER 3, 2019

Some geographies are coping with the upheaval in retail better than others, as vacancies in U.S. However, the retail vacancy rate was under 7 percent in 17 cities, with San Francisco taking the lead at 4.1 Vacancy rates also improved during the past year in 43 cities, including Seattle, Las Vegas and Chicago.

San Francisco 111

San Francisco Las Vegas Albuquerque Memphis 111

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AUGUST 7, 2019

Ballbox Founder and CEO Alexander Hejazi, for instance, moved to Chicago after college with all the essentials but didn’t have the items he wanted to use at the beach. The concept serves as an experiential marketing avenue for product manufacturers and retailers. The Automated Retail Market.

Chicago 124

Chicago Retail Denver Austin 124

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JUNE 2, 2017

3,500 more McDonald’s markets are going to be lovin’ it by the end of June as delivery service rolls out to even more restaurants. That’s on top of the locations where it was already available, including Atlanta, Chicago, Columbus, Las Vegas, Los Angeles, Miami, Orlando, Phoenix, San Diego and Tampa.

Las Vegas 104

Las Vegas San Antonio San Diego Los Angeles 104

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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

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APRIL 22, 2019

Eventually, the company plans to expand to other markets, including L.A. “We We look at Recess’ launch on Uber Eats as another distribution channel for the brand, with Recess IRL [the company’s New York shop] serving as the storefront for on-demand delivery operations,” said Benjamin Witte, founder and CEO of Recess. among others.

New York 172

New York San Francisco New York City Boston 172

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DECEMBER 10, 2018

The eCommerce retailer is said to be on the hunt for a space in the Oxford Circus district of London for its cashierless C-store concept, Business Insider reported. According to the report, the retailer is seeking a location with 3,000 to 5,000 square feet in the neighborhood that was described as “the busiest shopping area in London.”

Seattle 128

Seattle San Francisco United States Chicago 128

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JANUARY 16, 2019

That is, retailers are taking a page out of a playbook set by retailers like the now-closed B. Saks Fifth Avenue is one of the retailers falling into this trend with a new eatery called L’Avenue at Saks in New York City, which is the same locale where Lord & Taylor is closing to make way for a WeWork headquarters.

Chicago 186

Chicago New York City Retail United States 186

PYMNTS

JUNE 11, 2020

The digital shift continued to show its dramatic potential to change retailing today, as three companies announced major changes to their business models. Zara was not among the retailers seen to be at risk from the pandemic, so the move was something of a surprise. locations, around 60 percent of which are company-operated.

San Francisco 130

San Francisco New York City Retail Branding 130

PYMNTS

DECEMBER 11, 2017

One of the largest shopping center owners and operators in the U.S., Chicago-based GGP turned down the $23-per-share cash and stock offer on Nov. Shopping mall owners and operators have seen a downturn in sales and foot traffic with the rise of eCommerce. per share, representing a market capitalization of $22.2

Chicago 100

Chicago Retail Operations Capital 100

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FEBRUARY 11, 2020

In the age of Amazon, achieving success in this market takes dozens of fulfillment centers, advanced logistics and sophisticated enterprise technology. While massive businesses like Amazon have the scale and expertise to make this a reality, the vast majority of online retailers simply can’t meet this expectation on their own.

San Francisco 131

San Francisco Capital Retail Chicago 131

PYMNTS

OCTOBER 9, 2018

The changing nature of retail has been challenging for pharmacies. Sales of things like personal care products, cosmetics and various other household goods have been slipping, as consumers are increasingly stocking up online or at alternative retail venues like dollar stores for those types of items. in early 2019.

Los Angeles 158

Los Angeles Chicago New York City Minneapolis 158

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NOVEMBER 14, 2019

The latest example of the power of those digitally-enabled innovative efforts comes from online freight marketplace operator Convoy. Founded in 2015, Seattle-based Convoy is among the biggest operators of online marketplaces that match truckers with shippers needing to move cargo,” the report said. Rowe Price Associates. Uber’s Move.

Innovation 116

Innovation Chicago San Francisco Seattle 116

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AUGUST 6, 2020

At the same time, Adidas suffered an operating loss of 333 million euros ($394 million). Kasper Dan Neiweem, co-founder and principal at Avionos, a Chicago marketing company, told Business Insider that online sales for fitness wear have increased across the board. “Be billion euros ($4.3 billion) in the quarter.

Chicago 221

Chicago Online Branding Operations 221

PYMNTS

NOVEMBER 5, 2018

To dive into the toy market for the holidays, Kroger is teaming up with the hedge fund owners of formerly Toys R Us exclusive brands from Geoffrey’s Toy Box. According to The Wall Street Journal , Toys R Us’ liquidation was the largest retail closure since Sports Authority closed nearly 500 stores.

US 123

US Branding Chicago Retail 123

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NOVEMBER 24, 2020

But as the media keeps floating the possibility of 90+ percent effective vaccines coming to the market in the not-too-distant future, it’s becoming increasingly apparent that the end – although maybe not quite near just yet – is visible on the horizon. Consolidation in the Market. An Increasingly Crowded Field .

Arlington 212

Arlington Branding United States Chicago 212

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. This year we expect another year of market-leading growth. Our cohort growth was broad based with many markets crossing key milestones.”. New Markets. In 2019, we increased GPU by $750.

Company 130

Company Miami San Antonio Oklahoma City 130

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JUNE 22, 2016

Not only do real-time analytics improve the customer experience, but they also provide more consistent and compliant operations — just in time as the regulatory requirements of many services and industries are increasing. Joe received a BA in Economics from Lewis University and an MA in Economics from the University of Illinois at Chicago.

Customer Experience 104

Customer Experience Chicago Analytics Big Data 104

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NOVEMBER 5, 2020

But after the war in 1872, Aaron Montgomery Ward of Chicago produced a popular catalog for his mail-order business. retail, the first products the company sold were diamonds, watches and jewelry — exactly where Tiffany started. They’re still part of the market, particularly the holiday shopping market in 2020.

Retail 171

Retail United States Chicago US 171