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Philadelphia Passes Ban On Cashless Stores To Fight Income Discrimination

PYMNTS

Lawmakers in Philadelphia have passed a ban on cashless stores, making it the first major city in the U.S. The new law will take effect in July and would require most retail outlets to accept physical currency. The Philadelphia measure does have some exceptions. to do so, according to a report by The Wall Street Journal.

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Philadelphia Mall Owner Takes Care Of Its Own

PYMNTS

There’s arguably no more polarizing macroeconomic issue in the retail world than the fate of the American mall. The problems start with how retailers view and serve the customer. The entire process, cradle to grave, has failed to evolve and innovate with the customer in mind.”.

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How TD Merged an Innovation Lab with a Retail Branch to Drive Customer Insight

The Financial Brand

This article How TD Merged an Innovation Lab with a Retail Branch to Drive Customer Insight appeared first on The Financial Brand. An innovation lab in Philadelphia wrapped in an urban retail bank branch has produced valuable synergies for TD Bank.

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Taking New Approaches To Retail Stores And Faster Payment Models

PYMNTS

Data: 2020: The year that Anchor Shops, with a retail store and a fulfillment center, is set to open. 12: Number of additional stores that Anchor Shops hopes to build in the Philadelphia and New Jersey region. Data: 2020: The year that Anchor Shops, with a retail store and a fulfillment center, is set to open.

Retail 132
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Retail 2020: Looking Back On D2C Brands

PYMNTS

The first were the Pepsis, Heinzes and Krafts that either didn’t like their retail distribution or saw a pandemic-driven opportunity to get new products in new configurations to the consumer. Because of the founder’s expertise and innovative spirit, the company’s products are all different, from the packaging right down to the names.

Branding 162
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How Amazon’s Cashierless Tech Will (Or Won’t) Change The Physical Retail Landscape

PYMNTS

The advance of Amazon’s cashierless technology is not a new story to the retail beat as of 2020. We’re not trying to replace them,” Cameron Janes, vice president of Amazon’s physical retail division, told CNBC. “I Have other retailers signed on with the service? We’re not trying to be Whole Foods.

Retail 130
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WeWork Steps Into Retail With J.Crew

PYMNTS

The talks — and the retail offerings — will come to WeWork spaces in New York, San Francisco, Atlanta and Philadelphia, Glossy reported. The partnership comes as a decline in physical retail has hit J.Crew particularly hard in recent years. Crew has struggled with the retail reset that is sweeping the segment.

Retail 108