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Retail Lease Defaults Have Ripple Effect

PYMNTS

As it does during the first week of every month of the pandemic, attention turns to retail leases. This week found that one of the crisis’ most troubled retailers — Nordstrom — will only pay half of its rent for the balance of 2020. Retail Properties of America, Inc. percent of Q2 2020 rent as of the end of June.

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Smile! Retailers Want To Take More Of Your Pictures

PYMNTS

That’s because cameras are playing a much bigger role in retail, a trend that will keep gaining steam in the new decade. The Associated Press reports that cameras are, at least somewhat quietly, making inroads into a number of retail outlets in a bid to, well, get to know you. are now looking to follow suit.”. Security Cameras.

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Real Estate Watch: Simon Property Group Unleashes The Lawyers

PYMNTS

The gloves are off in the retail landlord leasing battle, with Simon Property Group now suing mall tenants who aren’t paying their rent. On Tuesday (July 14), the country’s biggest retail real estate investment trust filed a lawsuit against Eddie Bauer for $6.2 Other retail real estate analysts are a bit more optimistic.

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When Retail Fraud Is An Inside Job

PYMNTS

When it comes to a retailer protecting its assets — digital and otherwise — the intrinsic assumption might be that the focus ought to look outward. But the reality is that the greatest security threat facing retail companies, according to a number of recent surveys, often comes from within. In a story posted yesterday (Feb.

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Why Goodwill Regions Are Tapping Into Digital Marketplaces

PYMNTS

Azoulai continued, “Goodwill prioritizes sustainability over ownership, and we’re proud to bolster their rapidly growing eCommerce operations by making it easier for people to purchase items from across the country.”. Price Comparison Shopping.

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Is Digital Age Verification Coming Of Age?

PYMNTS

The golden age of product reviews and price comparisons. That’s the story told in a new PYMNTS interview with Jason Hardy, chief operating officer at AgeChecker.Net. a national push is afoot to raise the minimum age throughout the country to 21 for tobacco purchases. The golden age of delivery and quick fulfillment.

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How Connected Consumers Order Ahead During Their Commutes

PYMNTS

From SPOT to Starbucks , online platforms and retailers are providing consumers with new ways to place orders or make purchases from the car. company-operated transactions. By comparison, mobile ordering and payment accounted for 9 percent of those transactions in the fiscal third quarter of 2017. Currently, 58.7 times a year.