article thumbnail

The Revivals Of Malls And Unattended Retail

PYMNTS

And in unattended retail, Stockwell ’s new name sparked a turnaround for the firm. Its future is now about building scale and creating a national presence for its vending cupboards. 1,000: Minimum number of Stockwell machines across the San Francisco Bay Area, Los Angeles, Houston and Chicago. All this, Today in Data.

article thumbnail

National Restaurant Association Framework Aims To Close Gap Between Restaurants And Aggregators

PYMNTS

16), the National Restaurant Association offered up seven public policy tenets that – in collaboration with delivery aggregators – are being billed as a “framework” for the delivery industry. That roster includes Washington State, New Jersey, Chicago and New York City. With data sharing, to boot.

National 160
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Retailers Ask The Fed For Real-Time Payments

PYMNTS

The system may eventually shorten the lag time between when a shopper pays with a debit card to when the funds arrive at the retailer, The Wall Street Journal reported. Target and Walmart, as well as trade groups like the National Retail Federation, have reportedly long talked to the Fed about faster payments.

Retail 139
article thumbnail

Groupon Lays Off 44 Pct Of Workforce

PYMNTS

Securities and Exchange Commission on Monday (April 13), the Chicago Tribune reported. Chicago-based Groupon, which sells consumers coupons and deals to various retailers and businesses, has not seen its best days due to the stay-at-home orders issued by most of the country’s government entities.

Chicago 254
article thumbnail

Half Of Chicagoans To Shop Online This Holiday

PYMNTS

The proportion of shoppers who said they plan to shop primarily at brick-and-mortar retailers stands at 35 percent. Holiday purchases are no longer restricted to the weekend after Thanksgiving, reported The Chicago Tribune. The trend away from brick-and-mortar retail isn’t restricted to Chicago, found the survey.

Online 124
article thumbnail

How A New Name Sparked An Unattended Retail Turnaround

PYMNTS

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. There are now over 1,000 Stockwell machines spread across the San Francisco Bay Area, Los Angeles, Houston and Chicago.

Retail 130
article thumbnail

Team USA Launches Omnichannel Strategy For Olympic Retail

PYMNTS

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. The Economics.

Retail 118