PYMNTS
JUNE 17, 2016
Loan payment dues from the recession era borrowing binge of the last decade are coming back to haunt the withering malls in America. One such case is that of the Detroit-based Lakeside Mall that has defaulted on a $144 million loan payment. The property is operated by the second largest U.S.
PYMNTS
SEPTEMBER 22, 2019
The company then quickly extended the service to almost 30 cities, including Los Angeles, Houston and Detroit. grocery market, where Walmart and its Sam’s Club receive 25 percent of all grocery spending in the U.S. Most grocery customers buy the same things over and over again,” an Amazon spokeswoman said in an email to Bloomberg.
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PYMNTS
MARCH 29, 2019
What works today – or, at least, what is supposed to work – are commerce and payments experiences. The retailer recently launched its Power Store concept, with the newest one opening in January in Eastpointe, Michigan near Detroit – even as Foot Locker wrestles with closing older, more traditional stores. Mere retail is not enough.
PYMNTS
APRIL 13, 2017
According to the companies, the new GSTV will provide marketers with reach to a mass audience of 75 million unique viewers every month, including one in three adults 18 years and older and nearly 31 million millennials in the United States. billion annual impressions through more than 18,000 locations in all 50 states by year’s end.
PYMNTS
APRIL 29, 2019
The news is just the latest effort toward self-driving cars from big players in the automotive, payments and commerce industries. Not only that, but Waymo, a company under the umbrella of Alphabet, which owns Google, has picked a Detroit factory to make self-driving cars.
PYMNTS
JUNE 21, 2018
Uber , the ride-hailing company, has facilitated more than $600 million of payments in the form of tips to its drivers since it launched its in-app tipping service for drivers in 2017. Lyft , noted the report, is operating in fewer markets than Uber — Lyft is in the U.S. and Canada while Uber has operations around the world.
PYMNTS
APRIL 3, 2019
In news last month, Mercedes-Benz Stadium in Atlanta went cashless, accepting credit cards, debit cards and mobile payments. In at least one example of other mobile/cashless initiatives, last year the Detroit Lions deployed digital and physical upgrades to food offerings, which has included testing of mobile order-ahead food services.
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