PYMNTS
SEPTEMBER 20, 2016
A good economy is good news for retailers in a variety of regards. But for retailers going into the holiday season 2016, a good economy is creating yet another headwind for physical retailers who’ve spent much of the year being buffeted constantly by market pressures. percent in August, a drop from 5.1 ”
PYMNTS
MAY 27, 2020
The Memphis-based delivery company has instead seen a massive upswing in low-margin personal home deliveries as people start to shift to eCommerce during the pandemic. FedEx has been seeing an upheaval of its business and may have to tap into debt to make up for the dearth of the usual high-profit business shipments.
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PYMNTS
OCTOBER 3, 2019
Some geographies are coping with the upheaval in retail better than others, as vacancies in U.S. However, the retail vacancy rate was under 7 percent in 17 cities, with San Francisco taking the lead at 4.1 But 24 cities experienced vacancy rates that exceeded 12 percent, with the inclusion of Buffalo, Memphis and Albuquerque.
PYMNTS
MAY 2, 2018
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).
PYMNTS
FEBRUARY 28, 2019
To provide retailers with an automated option for last-mile deliveries, shipping carriers are entering the world of robotics technology. According to the announcement, the company plans to experiment with the bot in markets such as Memphis, Tenn. — “pending final city approvals.”.
PYMNTS
OCTOBER 30, 2019
Blue Apron is still in existence — which is more than a lot of the follow-on meal kit businesses that entered the market in Blue Apron’s wake can say as of late 2019 — but its fortunes have been rocky since it entered the public market in the summer of 2017. They just want the product. are planned to follow along.
PYMNTS
MARCH 11, 2020
billion, on an 82 percent increase in retail sales. That is the most organic growth of any automotive retailer ever in the U.S. This year we expect another year of market-leading growth. Our cohort growth was broad based with many markets crossing key milestones.”. New Markets. Oklahoma City, and Memphis.
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