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Retail Foot Traffic Dips As COVID Cases Rise

PYMNTS

Up until then, retail levels were improving somewhat since the all-time low in April while the country was on lockdown. But customers have begun retreating from retail for the second time due to the increase in cases. The spikes in cases have been particularly noteworthy in Florida and Texas. The other 37, plus Washington D.C.,

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Simon Properties Earnings Show Positive Trends For Brick-And-Mortar Retail

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Despite COVID-19, we are encouraged by the increases we are seeing in shopper traffic, retailer sales and tenant rent collections across our portfolio,” CEO David Simon said in a statement. “We We have withstood fires in Northern California, hurricanes in Louisiana and elsewhere and civil unrest. We have withstood government shutdowns.

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Retail Pulse: Sears To Open ‘Home & Life’ Stores, Amazon Reduces Whole Foods’ Prices

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Iconic American retailers that have been around more than 100 years are creating new concepts for the new era of retail. The locations, which the company said were created based on insights from Sears Appliances & Mattresses stores, are set to be located in Alaska, Kansas and Louisiana. In Other Brick-And-Mortar Retail.

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What Hurricanes Can Mean For Retailers

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After Hurricane Katrina hit Louisiana in 2005, residents in the area continued to deal with damage from the storm a decade later. While it’s impossible to predict the effects the hurricane will have on retail, a review of the damage from previous storms can shed some light on how hurricanes have historically affected retail businesses.

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Apple To Shutter 30 More US Stores Again Amid Pandemic

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The tech company, which has 271 retail shops in the United States, has recently closed 47 stores again, CNBC reported. Locations in California, Alabama, Idaho, Georgia, Oklahoma, Nevada and Louisiana are set to shutter on Thursday, while shops in Mississippi, Texas, Florida and Utah were shuttered as of Wednesday (July 1).

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Apple Pay’s Unattended Retail Boost

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It’s a question that USA Technologies, a leader in digitizing payments for unattended retail , wanted answered with respect to the use of mobile payments to buy goodies in vending machines. Early indicators report that there is a strong connection between the use of Apple Pay and increased sales at these retail locations.

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Retailers Look To Digital Technologies After Beating The Street

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Retailers and retail landlords are reporting strong first-quarter earnings results, beating analysts’ expectations in many cases. billion, according to news from Retail Dive. In some cases, the retailer is demolishing existing stores to create new uses of the land. billion on Friday (April 27).

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