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Surge In eCommerce Has Port Of Los Angeles Facing 50 Pct More Cargo Shipments Than First Half Of 2020

PYMNTS

In Los Angeles, a widespread glut of shipments has slowed down operations at the nation's busiest container port complex, the Port of Los Angeles , according to CNBC. Port of Los Angeles Executive Director Gene Seroka , speaking Monday (Dec. 28) on CNBC, said the cargo volume is up 50 percent.

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Carvana Rolls Out CarvanaACCESS Direct-Purchase Platform

PYMNTS

Trade-ins in addition to other wholesale autos processed at Carvana outlets throughout the nation will become available on the website in a “timed bid” digital auction through the help of Manheim Digital, according to an announcement on Thursday (June 25). Registered dealers and wholesale purchasers can see the auction area of the website.

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Apple To Shutter 30 More US Stores Again Amid Pandemic

PYMNTS

As instances of the coronavirus quickly increase in a number of regions across the nation, Apple plans to shutter 30 more stores in the United States on Thursday (July 2) at the latest. The tech company, which has 271 retail shops in the United States, has recently closed 47 stores again, CNBC reported.

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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. There are now over 1,000 Stockwell machines spread across the San Francisco Bay Area, Los Angeles, Houston and Chicago.

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Retailers Face Shipping Crisis With Holiday Season Around The Corner

PYMNTS

As the run-up to retail’s big season is getting ready to get underway, the nation’s retailers have a big, big problem at the ports. Cargo owners said rates from Busan, South Korea, to Los Angeles had risen to $2,300 a container by Thursday (Sept. The problem is not American in origin.

Retail 102
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Team USA Launches Omnichannel Strategy For Olympic Retail

PYMNTS

Fanatics , a company that sells Team USA merchandise, has taken a novel approach to Olympic retail this year with a physical store in a major U.S. The store marks a milestone for Team USA: It’s their first in-person retail store outside the Olympic Training Center in Colorado. Retail Gold. The Economics.

Retail 118
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Industry Slant // Bo Berg Talks Giant Schnauzers, DJing, Financial Services

Perficient

I eventually got headhunted to work for City National Bank in Los Angeles. MM: So, you started at City National Bank, and was the bank online before you got there? MM: You played a variety of roles at City National Bank. How do you think it will change the way financial services organizations operate?

Industry 539