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Reseller Market Maintains Momentum With Nordstrom’s Entry

PYMNTS

Called See You Tomorrow , its “re-commerce experience” will include an online marketplace and brick-and-mortar location housed in the Nordstrom New York City flagship store on 5th Avenue. It also manages resale programs for Arc’teryx, Eileen Fisher, Patagonia, REI and Taylor Stitch.

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Macy’s Spotlights Women-Owned Businesses With SoGifted

PYMNTS

Macy’s is partnering with the female-led millennial venture capital fund SoGal Ventures to launch an in-store initiative focused on women-owned businesses, Macy’s said in a press release on Thursday (Dec. SoGal was co-founded by Pocket Sun and Elizabeth Galbut in 2016 and is headquartered in New York City. Lauderdale.

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Retail Pulse: Floravere Opens NYC Store; Target Debuts Everspring Brand

PYMNTS

Floravere Co-founder Denise Jin said in an announcement , “With our New York Flagship, we’ve created a retail experience that reflects how our bride actually shops: from IG to IRL. Beyond Floravere, other wedding retailers have opened up brick-and-mortar stores in New York City and its greater metropolitan area.

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The Shopper’s Brain On Bargains

PYMNTS

Chinese consumers have a reputation for loving luxury that is well-earned, The New York Times reports – but they also really love a bargain, and Pinduoduo’s explosive growth in the eCommerce scene proves it. on New York City’s Fifth Avenue.

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Can Subscription Commerce Revive Floundering Movie Theaters?

PYMNTS

Whether it’s Netflix or Spotify, Farnsworth explained, millennials prefer subscription services for their anytime, on-demand access and the seamless experiences they offer. First founded in 2011, MoviePass now operates under the leadership of Mitch Lowe, who co-founded Netflix and previously served as president of Redbox.

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The Week In Payments: The Visible Perils And Hidden Promise Of The Coronavirus

PYMNTS

Concerns ran demonstrably highest with older millennials, 44 percent of whom reported being extremely concerned, and lower-income workers, who have sharply curtailed their spending. But sometimes it’s more disturbing – like the ATM runs and cash hoarding popping up in cities. What’s necessary, said Amit, is to manage communications.

Payments 142
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24 Industries & Technologies That Will Shape The Post-Virus World

CB Insights

Now, with experts stressing the importance of rapid testing and tracking in managing the Covid-19 crisis, wearables and other health monitoring tech that enable diagnostics are taking center stage. VR has also helped businesses across industries keep operations running. Source: Oxford Medical Simulation.

Industry 101