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How A New Name Sparked An Unattended Retail Turnaround

PYMNTS

Case in point, Stockwell: a self-service retail venture that got off on a very wrong foot with customers by, among other things, choosing the wrong name. Bodega’s widely stocked vending machines were presented as a disruptive alternative to mom-and-pop shops and genuine bodegas everywhere.

Retail 130
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Neiman Marcus Emerges From Chapter 11

PYMNTS

has completed its Chapter 11 bankruptcy protection process and emerged from one of the highest-profile retail collapses since COVID-19 began, the Dallas-based company disclosed. We emerge from Chapter 11 as a stronger, more innovative retailer, brand partner and employer.”. Neiman Marcus Holding Company Inc.

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Lockdowns Drive Lower Revenues For ATM Owner Cardtronics

PYMNTS

The Houston-based company reported that total revenues fell by 4 percent to $306.6 The COVID-19 pandemic has presented a challenging period for all…” said CEO Edward West in a statement. “We million, down from $318.3 million compared to Q1 in 2019. . Cardtronics’ ATM operating revenues dropped to $291.9 million compared to $21.8

ATM 131
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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.

New York 100
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Majority Of Consumers Want Digital Coupons, Rewards From Grocers

PYMNTS

H-E-B is not only the neighborhood grocery store for many communities in Texas: It’s also an eCommerce retailer with digital features to better reach its customers. The grocer has brought curbside pickup to cities such as San Antonio, Waco and Houston, while rolling out delivery from Shipt and Instacart.

Texas 116
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Intercepted: Live League Sports Revenue Drop May Take Years To Recover

PYMNTS

While the worst fears haven’t been realized — the NFL opened its 2020 season in September with a showdown between (Super Bowl champs) the Kansas City Chiefs and the Houston Texans — the outlook across the pantheon of live sports is anything but settled as November 2020 begins.

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

South State Correspondent

For any banker looking for clarity, we present five New Year’s resolutions, no matter your size, that provide a roadmap to accomplish both the short and long-term objectives of a top-performing bank. Sectors like office, retail, and hospitality, are even worse. Why “Growth” is Not on The List.