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Retail Rents Falling From Manhattan To Los Angeles

PYMNTS

COVID-19 and the digital-first trend are sending U.S. retail rents falling in many locales by percentages even greater than those seen in or after the 2007-08 Great Recession. The board added that eight of 17 retail corridors are “experiencing their lowest price per square foot averages in at least a decade.”.

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Why Health And Fitness Are Driving More Retail Change

PYMNTS

Fitness and wellness are helping to change the face of retail in 2020. For starters, the health and wellness trend keeps gaining steam, and there is little doubt that younger consumers will keep that going. Innovation is also taking place within retail brick-and-mortar pharmacies. Clinic Trend. A looming doctor shortage.

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Automated Retail Speeds Up Delivery And Checkout

PYMNTS

Automated retail might conjure up images of robot cashiers, but beyond a few convenience stores in Japan and Korea, that sci-fi development hasn’t yet become reality for the wider world. Last month, Domino’s Pizza announced it would be testing autonomous pizza delivery in Houston with robotics company Nuro.

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Retail Pulse: Kohl’s To Curate Brands With Facebook; Domino’s Rolls Out eBike Tie-Up

PYMNTS

Brick-and-mortar retailers are teaming up with social media platforms to curate labels for their stores and their websites. Kohl’s , for instance, will bring emerging brands to over 50 physical retail locations and online starting in the fall through Curated By Kohl’s. In Other Brick-and-Mortar News.

Branding 101
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Healthcare Disruption Brings More Impact To The Retail World

PYMNTS

In the meantime, the digital, mobile, delivery and other innovations that are taking place in this sector are also promising to impact retailers and the consumers who shop not only with mom-and-pop stores but with the bigger chains. The latest example of that comes from one of the biggest retail chains out there — Walmart.

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How BNPL Is Helping BlackCool Boost Brand Awareness And Availability

PYMNTS

have BNPL accounts, and the trend is gaining popularity around the world. . This growth is creating opportunities for numerous retailers, including BlackCool & Co. , But with BNPL you can go to any retailer, choose your product and pay over time with no credit check.” . This is a win-win.” .

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CVS Health Unveils Atlanta HealthHUBs; Target’s Digital Sales Rise Despite Slow Growth

PYMNTS

Retailers are aiming to help consumers manage chronic diseases as well as their overall health and wellness through new brick-and-mortar experiences. Through HealthHUBs, consumers are at the center of an unmatched retail health experience. CVS Health, however, is not the only retailer to bolster its health offerings.

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