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Texas Halts Reopening Plans As COVID Cases Spike

PYMNTS

As coronavirus cases spike in Texas, the state’s officials have walked back their reopening plans for the state, CNBC reported. There are currently 4,389 COVID-19 patients hospitalized in the state, a rise from 2,793 a week ago, CNBC reported, citing the state’s health department.

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Retail Rents Falling From Manhattan To Los Angeles

PYMNTS

“These decreases are historic,” the Real Estate Board of New York wrote in a new report showing that average Manhattan retail asking rents fell in all of the island’s 17 retail corridors during autumn. Second, the inability to physically frequent many retail establishments created a new set of online shoppers.

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How QSRs Bring Mobile And Digital Payments To The Table

PYMNTS

The report also noted that mobile orders now comprise roughly 60 percent of all digital food orders. Jennifer Tan, chief executive officer of Alipay Payment Services (HK) Limited, said per reports in April that she expects mobile payment systems to continue to grow in popularity. Uber Eats, for instance, has added a Dine-In service.

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Happy Returns: In-Person Returns For eTail

PYMNTS

In a twist on contemporary retail trends toward online channels, consumers still largely prefer to return in-store. The easiest way to describe what we do,” said David Sobie, CEO of Happy Returns , “is that we’re the buy online, return to store option for retailers that don’t have stores.”. and Houston. and Houston.

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Wegmans To Open In Brooklyn; Whole Foods Brings Eateries To 500th Store

PYMNTS

The average household income, the news outlet reports, is “well above $100,000.” per one survey. Even so, the report notes, “The move will be a big test of whether Wegmans can duplicate the phenomenal success it’s had in smaller locales in the crowded New York market.” billion in 2018 on 500 remodels, according to reports.

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The Apple Pay Pivot?

PYMNTS

According to its survey of 507 vendors of merchant processing systems, Apple Pay is the most requested mobile digital payments service among retailers. All 10,000 ExxonMobil locations are supposed to be online by the end of the year. “I live in Houston, Texas, so it’s blazing hot in the summertime,” Russell said.

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Millennial’s Matter to Bank Marketing

Long Lasting Ideas

In the age of Apple Pay, Google Wallet, and online banking, the old assumptions are shattered. A whopping 63 percent of millennials (ages 18 to 29) don’t have a credit card, according to a survey commissioned by Bankrate and compiled by Princeton Survey Research Associates International. Give young people a voice.