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Local Governments Move In On Retail Vacancies

PYMNTS

It was supposed to be a thriving retail center in Milwaukee when it was built seven years ago. In fact, last week, it was announced that the building would be the new home of the Milwaukee School of Engineering’s K-12 STEM program. But it never happened. No one ever leased from the development called Viets Field. Starting Jan.

Retail 135
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Physical Retail Looks For New Life This Holiday Season

PYMNTS

The obituary for brick-and-mortar retail has been written many times. Retailers need to seize the moment when shoppers return gifts. Preparing for returns is a best practice; leveraging returns intelligence to inform product development and new customer acquisition strategies is next-practice retail.”. Consumer Trends.

Retail 131
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Northwestern Mutual commits $150m to startup investments

Bank Innovation

This builds on the $43 million in capital that the Milwaukee-based investments and insurance giant invested in 14 startups as part of its its first corporate venture fund, which rolled out in 2017. Northwestern Mutual has launched a second venture fund to support startups working in financial services.

Milwaukee 170
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How Kohl’s Is ‘Thinking Differently’ As It Moves On Millennial Shoppers

PYMNTS

Given the “Amazon effect” that has blown through retail like a cold wind over the last decade or so, many speculated that the Kohl’s attempt to boost foot traffic was about to go down in history as inviting the fox to guard the henhouse. “This is the quintessential Kohl’s shopper we want to see in the future,” she said. .

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Why Grocers Are Providing Fresh Options For Digital Omnicommerce Shopping

PYMNTS

Omnichannel features are becoming more crucial as tech-savvy millennials gain more spending power and influence, according to the PYMNTS Enterprise Retail Grocery Report. Nearly 17 percent of consumers say having the ability to scan and pay with a mobile phone is the most important factor when choosing a grocery retailer.

Seattle 139
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Farmer’s Fridge On The Importance Of Digital Upgrades

PYMNTS

cities, including Chicago, Milwaukee, New York City and Philadelphia, and it plans to expand to additional locations. It allows you to be much more targeted in how you innovate and how you meet customers on what they want,” he said. “We Targeting Convenience.

Milwaukee 130
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Building A Subscription Box For Tools And Construction Supplies

PYMNTS

To serve these DIY consumers, as well as those who simply enjoy the time-honored hobbies of woodworking or building, eCommerce innovators are curating a selection of tools as well as supplies to help them with their projects. Only just under three in 10 — or 27 percent — are bringing professionals on for the job.

Tools 146