PYMNTS

OCTOBER 12, 2018

Brick-and-mortar retailers have closed flagship locations in recent times, but sometimes these landmark stores make a comeback. The new store, which will be located at 30 Rockefeller Plaza, will feature multiple experiential retail components. The store will also offer magic shows and a grocery shopping experience designed for kids.

Retail 116

Retail New York City San Francisco New York 116

PYMNTS

AUGUST 5, 2020

The Detroit-based company is expected to market a reduced number of shares at about $18 to $20 apiece, Bloomberg reported, citing sources. The report stated the downsizing may signal the IPO market’s worry as the pandemic deepens across much of the U.S., Rocket describes itself as the largest retail mortgage lender in the U.S.

Cleveland 233

Cleveland Detroit New York Company 233

PYMNTS

SEPTEMBER 7, 2020

The trajectory is similar to that of the housing market, in which the low interest rates and fewer homes available have driven up the prices, WSJ writes. The trend is one that has benefited Detroit automakers that have specialized in those vehicles for years. The pandemic has disrupted all of that.

Detroit 177

Detroit Trends Online Retail 177

PYMNTS

MAY 11, 2018

The company told Forbes that its goal is to provide a physical location where those small businesses can sit down across the table from experts who can help them navigate the turbulent retail waters ahead. Warby Parker CEO Neil Blumenthal said, unequivocally, that he doesn’t believe retail is dead or dying — only “mediocre retail experiences.”

Retail 101

Retail Los Angeles San Diego Michigan 101

PYMNTS

JUNE 29, 2020

“This represents a significant improvement from May when retail sales were off 20 percent from the pre-virus forecast. In the Detroit market, one of the most severely impacted by the coronavirus pandemic, retail sales are on pace to exceed 2019 levels, researchers reported. billion from last year.

Detroit 131

Detroit Retail Industry Analytics 131

PYMNTS

SEPTEMBER 22, 2020

There’s arguably no more polarizing macroeconomic issue in the retail world than the fate of the American mall. The problems start with how retailers view and serve the customer. The ability to help our tenants get to the other side of the mandated closures became front and center of our marketing efforts.

Philadelphia 206

Philadelphia Retail DC Detroit 206

PYMNTS

FEBRUARY 14, 2020

Brick-and-mortar retailers are opening smaller-scale locations packed with technology designed to meet the needs of shoppers in cities. The retailer said that “almost 90%” of the selections in the store were chosen to meet the needs of Mansion House customers. billion by 2024 from £18.5 billion last year per IGD.

Miami 130

Miami United States New York City Retail 130

PYMNTS

MARCH 14, 2019

The newswire spotted a job listing posted by Ford for an autonomous vehicles “market specialist” based in Austin. The company also has tests going on in Detroit, Miami, Pittsburgh and Washington, D.C. “We Ford is also partnering with retailers to test various uses for its self-driving cars.

Austin 128

Austin Detroit Miami Washington 128

PYMNTS

JANUARY 6, 2020

Little Caesars, which is based in Detroit, Michigan, has stores in 24 countries and all 50 U.S. At the time, it was reported that DoorDash encompasses about 35 percent of the food delivery market, making it the most dominant firm in the space. DoorDash will cover approximately 90 percent of Little Caesars’ Canada and U.S.

Detroit 153

Detroit Michigan United States Capital 153

PYMNTS

OCTOBER 2, 2017

In retail news, home goods eTailer Wayfair announced Friday (Sept. Currently available in 10 retail markets — including Atlanta, Boston, Chicago, Dallas, New York City and San Francisco, among others — Chain Store Age reports the new feature will “transform what is considered a time-consuming, even frustrating, process.”

San Francisco 101

San Francisco New York City Cleveland Detroit 101

PYMNTS

OCTOBER 11, 2018

Grocery pickup, which came to market in August, is now available in eight cities, and Amazon said it has plans for “continued expansion.”. In September , Amazon and Whole Foods Market brought the service to Ann Arbor, Detroit, Jacksonville, Milwaukee, Madison, Omaha, St. Florida and New York are competitive markets for grocery.

St. Louis 116

St. Louis San Francisco Louisville Omaha 116

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.

Los Angeles 177

Los Angeles Detroit Houston New York 177

PYMNTS

SEPTEMBER 19, 2019

The company carries brands such as the Detroit Spice Company and Lush Gourmet (Nuts). When it comes to its target market, the company casts a wide net. In addition to selling online, Mitten Crate also launched a retail storefront at the historic Eastern Market in March, which Wright said has been well-received.

Michigan 129

Michigan Florida Detroit New Mexico 129

PYMNTS

AUGUST 30, 2016

While it is at this point well known that Macy’s will be closing the doors on 100 retail stores by early next year, emerging data indicates most of those closures will likely be coming to Midwestern cities and areas. Targeted for closure are locations where the value of the real estate outstrips the value the retail stores bring in.

St. Louis 100

St. Louis Milwaukee Columbus Cleveland 100

PYMNTS

JANUARY 21, 2020

These are just some of the ways companies are tapping into the latest restaurant innovations with the help of technologies such as artificial intelligence (AI) and automated retail: Among diners, 71 percent would be open to QSRs incorporating AI. The new law would require most retail outlets to accept physical currency.

Tampa 134

Tampa Detroit Philadelphia Technology 134

PYMNTS

FEBRUARY 26, 2018

Detroit-based custom-made suit retailer 1701 Bespoke has a similar model as it, too, combines the attention of personalized shopping with the convenience of digital purchasing. 1701 Bespoke is also a very experiential base attempt on the middle market, with an initial in-store visit typically stretching to two hours.

Detroit 100

Detroit Comparison Maine Groups 100

PYMNTS

APRIL 3, 2019

The move toward cashless has set in motion any number of initiatives, spanning any number of businesses where consumers shop, from retail (a la Amazon Go and other tech-driven concepts) to stadiums. In news last month, Mercedes-Benz Stadium in Atlanta went cashless, accepting credit cards, debit cards and mobile payments.

Cards 128

Cards Atlanta Detroit Mobile 128

PYMNTS

AUGUST 20, 2020

Chicago, Cincinnati, Milwaukee, Detroit and Indianapolis customers can order from Meijer and Fresh Thyme. A June fundraise put San Francisco-based DoorDash’s market capitalization at about $15 billion , but the company’s rapid growth has come with challenges. The service is launching on the West Coast and in the Midwest.

San Francisco 130

San Francisco San Diego Los Angeles Milwaukee 130

PYMNTS

APRIL 23, 2019

is a tough market – and getting tougher. food and consumer-product market, according to Nielsen. Now playing catch-up, Kroger has budgeted $4 billion for investments, including warehouses managed by robots, a meal-kit company and digitally LED enabled shelves that market directly to customers.

Online 132

Online Detroit Phoenix Dallas 132

PYMNTS

JUNE 17, 2016

One such case is that of the Detroit-based Lakeside Mall that has defaulted on a $144 million loan payment. For many years, people thought the retail business in the U.S. billion of retail property loans are set to mature, according to Bank of America Merrill Lynch. The property is operated by the second largest U.S.

US 100

US Payments Detroit America 100

PYMNTS

MAY 31, 2019

Some entrepreneurs are inspired to start companies because they spot unmet needs in the market: Frontdesk Co-Founder and Chief Growth Officer Jesse DePinto, for instance, saw the amateur nature of home shares but the opportunity for something better than a hotel. The Market.

Technology 159

Technology San Diego Milwaukee Indianapolis 159

PYMNTS

FEBRUARY 2, 2017

vehicle market in 2017 is still dominated by consumer interest in SUVs. Namely, automakers decreased bulk sales to rental, government and business fleet buyers and focused more on the individual consumer vehicle market. We may have spoken too soon. Despite earlier auto show debuts to the contrary, it turns out the U.S.

Detroit 100

Detroit Report Branding Marketing 100

PYMNTS

JANUARY 10, 2017

Yesterday saw some big news from Ford Motor announced at the annual International Auto Show in Detroit, Mich. Ford Motor is bringing back the Bronco after 24 years off the market. Ford said that the popular mid-size SUV will return to the global vehicle market come 2020. First things first: It’s official.

San Francisco 100

San Francisco Detroit Austin Michigan 100

PYMNTS

NOVEMBER 23, 2016

Detroit and Baltimore — but we’re opening up one in Baltimore and one in Detroit. So we started looking into the invisible aligners market and were shocked by how expensive they were and how little the market was actually being reached. PYMNTS: Talk about these Smile Shops. AF: They’re standalone brick-and-mortar shops.

Baltimore 100

Baltimore Detroit New York City Branding 100

PYMNTS

MAY 1, 2017

markets and is slated to roll out to four more this week in Detroit, Columbus, Ohio, Las Vegas and the Rio Grande Valley region of Texas. This expansion, along with free membership offers to Instacart Express in Texas and the Midwestern markets above, will mean that the startup will look to hire at least 1,000 new employees.

National 100

National Las Vegas Texas Columbus 100

PYMNTS

DECEMBER 6, 2016

He explained that the automotive industry is the one place where the concepts of IoT can be made very real to the mass market — where they will be able to see it, understand it and really feel its impact. That presents a very real threat, both to market adoption of the technology and also to the individuals in the car,” McCammon stated.

Industry 100

Industry Software Detroit Innovation 100

PYMNTS

APRIL 8, 2016

And maybe eat a meat popsicle (if they attend a Detroit Tigers game). Using the retail purchases of two tickets, two hot dogs, two beers and parking (the last of which is arguably more of a rental than it is a purchase) as its median factors, the outlet determined that the average cost across all the venues is $77.92. Different venues?

Los Angeles 100

Los Angeles Boston America Detroit 100

Perficient

MAY 21, 2021

Within mere weeks, 22 women are in the final stages of completing a Perficient-sponsored coding bootcamp in Detroit; their final project includes designing their own apps, all of which serve the world in various ways and all certain to make an impact. Deepti Dhar’s Bright Paths Project: Welcome to Stock Market.

Milwaukee 348

Milwaukee Software Course Detroit 348

PYMNTS

FEBRUARY 1, 2021

According to Procter & Gamble (Gillette’s parent company) Chief Product Office Marc Pritchard, the brand had dabbled in beard care before, but this was its first big foray into the market that it has seen rapid emergence over the last year.

Branding 290

Branding Detroit Data Strategy 290

Tomorrow's Transactions

DECEMBER 12, 2014

1, since as far as I know it has the highest proportion of non-cash payments at retail POS anywhere in the world and a well-developed mobile account-to-account infrastructure) and I’d also have Norway somewhere near the top of the list. I’ve put the comments from CNBC in italics and added my own comments underneath. The Netherlands.

Cards 66

Cards Payments Taxes Retail 66

Celent Banking

APRIL 28, 2017

As sharp-eyed Celent retail banking subscribers know, I'm an avid collector of good analogies. The Ford GT showcases Detroit's recent focus on platform engineering — the configuration of common unibody structures and drivetrain components to create unique products that can appeal to disparate customers.

Innovation 150

Innovation Detroit Community Bank Strategy 150

Celent Banking

APRIL 28, 2017

As sharp-eyed Celent retail banking subscribers know, I'm an avid collector of good analogies. The Ford GT showcases Detroit's recent focus on platform engineering — the configuration of common unibody structures and drivetrain components to create unique products that can appeal to disparate customers.

Innovation 134

Innovation Detroit Community Bank Strategy 134

PYMNTS

MAY 3, 2018

Finding a New Market. To source produce for the box, he reached out to farmers to supply produce, such as misshapen carrots that were still good to eat but weren’t visually appealing enough for traditional retail. They have some products that still have 35 to 45 days of shelf life that retailers won’t accept,” Domingues said.

social media 100

social media Detroit Retail Community 100

PYMNTS

MAY 8, 2020

“This is just speeding up the significant change the retail industry was already undergoing,” McMillon said. The latest letter and round of accusations come as the House has been investigating the market influence of Amazon as well as other massive technology companies.

El Paso 152

El Paso Las Vegas Detroit Nevada 152

PYMNTS

SEPTEMBER 14, 2017

In recent months, it held its first annual summit in Detroit, Michigan, during which entrepreneurs gathered to learn how to sell to Chinese consumers. The new promotional event comes as Alibaba is courting SMBs around the globe. The company is preparing for another similar summit in Canada.

Detroit 122

Detroit Michigan Online Groups 122

PYMNTS

JULY 30, 2016

And while Dahl is not the first person to come up with an out-of-the-box idea while drinking at a bar, he is one of the few with the drive and previous experience in marketing to actually invent a “Pet Rock.” There are a lot of markets still to go. It was obedient, neat, quiet and cute, in a certain sense. The App Store Record(s).

Virginia 100

Virginia New Hampshire Apple Course 100

PYMNTS

JULY 9, 2018

Will younger consumers ever know the unique joy of learning to drive on a gas-guzzling Detroit beater — one of those big cars that were more like boats than automobiles , and which might have left one stranded on a Friday date night because of an ill-timed radiator leak? Probably not.

Millennials 103

Millennials New York Detroit Course 103