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Retail Rents Falling From Manhattan To Los Angeles

PYMNTS

retail rents falling in many locales by percentages even greater than those seen in or after the 2007-08 Great Recession. 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.

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Texas Halts Reopening Plans As COVID Cases Spike

PYMNTS

The hardest-hit counties in the state were Bexar, Dallas, Harris and Travis, which include the state’s most populated cities, including Houston, San Antonio, Dallas and Austin. In a survey of 2,064 consumers, PYMNTS found that around 36 percent of those surveyed fit that demographic.

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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. One logistics technology startup is working to solve the problem of physical returns for digital retailers. and Houston. If all’s well, Happy Returns signals the retailer to refund the customer. “We’re

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How QSRs Bring Mobile And Digital Payments To The Table

PYMNTS

These are just some of the ways that restaurants and third-party online platforms are making it easier for customers to order and pay for their favorite foods from their mobile devices in the digital era: Approximately half – or 49 percent – of large, quick-service restaurants (QSRs) allow in-app payments.

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

PYMNTS

Grocery retailers are opening new stores in cities that aren’t only designed as places for consumers to pick up their weekly groceries: They’re turning them into culinary destinations with eateries as well as features designed for city living. Luxury retailers usually have that type of glass installed, and it’s easier to see inside.

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5 New Year’s Resolutions For Any Sized Bank That You Must Get Right in 2023

South State Correspondent

The irony here is that more than half the banks we recently surveyed had some goal and metric around asset growth. Charlotte, Houston, Phoenix, New York, Austin, Denver, Orlando, Miami, and Nashville, many banks have not adjusted pricing or their credit appetite. Sectors like office, retail, and hospitality, are even worse.

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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. Apple Pay Reportedly Feels Some Merchant Love.

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