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The Revivals Of Malls And Unattended Retail

PYMNTS

shopping malls have reached the pinnacle of struggle, with empty shops hitting a 20-year high, but the American Dream mega-mall may be bucking the trend. And in unattended retail, Stockwell ’s new name sparked a turnaround for the firm. percent: The rate by which overall retail sales increased from Nov.

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Retail Rents Falling From Manhattan To Los Angeles

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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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Simon Says It Hopes To Save Struggling Mall Retailers

PYMNTS

said Wednesday (July 31) it is considering retail investment as it looks to keep stores in the black, according to CNBC. “I We’re certainly as good as the private-equity guys when it comes to retail investment. Simon added that the company would be selective in supporting retailers, only buying into brands with volume.

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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. smartphone users.

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Can 5G Power Retail Drone Deliveries?

PYMNTS

The worlds of drones and 5G mobile network technology – two of the most promising trends in digital payments and commerce – are colliding. UPS , too, is going down the drone path – one that Amazon pioneered for retail delivery uses – and is seeking a certification to operate commercial drone flights. The company applied to the U.S.

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More Retailers Are Checking Into Hotels In Search Of Innovation

PYMNTS

Part of the future of retail is playing out inside hotels — and that’s happening as the wider part of the travel-and-tourism industry is undergoing its own significant disruption. One of the latest — and perhaps wildest — examples of the hotel-retail trend comes from Taco Bell, of all places. Deeper Trend.

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