New York City Mulls Fur Sales Ban

PYMNTS

Following the lead of other municipalities, New York City could be going fur-free with a proposed law on the horizon. Council Speaker Corey Johnson recently introduced a bill to ban companies from selling fur apparel in the city, which comes after similar efforts in cities such as West Hollywood, Calif., Two other cities in California — San Francisco and Berkeley — have also passed similar laws. Retail fashion Fur new york city News regulation What's Ho

New York City Sees Lower Rents Due To Pandemic

PYMNTS

The New York City real estate market, battered like other economic sectors by the coronavirus pandemic, is seeing lower rates than it has in almost a decade. Real Estate Coronavirus economy new york city News real estate Retail What's Hot

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Tech Center: New York City Takes on Tech Full Force

PYMNTS

For years, New York City has been at the epicenter of United States’ culture with the fashion and entertainment industries leading the way. With the top modeling agencies, MTV and the home of American broadway plays, there’s no denying New York City is bustling with creativity. With a big focus on technology in Silicon Valley and Boston, New York City slowly made its way to becoming a powerhouse tech player.

Starbucks To Open Pickup Location In New York City

PYMNTS

As the company modernizes and reimagines the customer experience in stores located in high-traffic metropolitan areas, Starbucks plans to open a Starbucks Pickup store in New York City on Tuesday (Nov. said Starbucks Vice President of Urban Markets Katie Young. “By In separate news, Starbucks reported growth in the ranks of its rewards program membership as it continues to pursue new opportunities to expand digital customer relationships.

Hilton Hotel In Times Square To Close

PYMNTS

In a filing with New York’s State Department of Labor Monday (Aug. The iconic hotel on West 42nd Street was shuttered and furloughs began in mid-March as COVID-19 struck the city, The Wall Street Journal (WSJ) reported. The Hilton is not the only New York hotel taking a hit.

Walmart Bringing Same-Day Delivery To New York City

PYMNTS

s Jet.com unit is getting into the same-day grocery delivery market, gearing up to offer the service in New York City. Bloomberg , citing a statement the company made via email, reported that Jet plans on opening up a fulfillment center in the Bronx in the fall that will enable same-day and next-day delivery of groceries in New York City. Jet told Bloomberg the new fulfillment center will result in the creation of hundreds of new jobs.

Hilton Times Square Closure Bruises NYC Tourism Rebound

PYMNTS

It sounds so nice they had to name it twice: New York, New York. These days, however, America’s biggest and arguably most vibrant city — a tourist magnet and concomitant revenue engine unmatched on the continent — is facing a long road to recovery.

IBM hosting two day Sales Performance Management Summit in New York City

Insights on Business

IBM is excited to be hosting the 2019 Sales Performance Management Summit, being held in New York City for sales executives and compensation leaders. Also discussed will be product demos about the new capabilities and features of the most recent release of IBM Incentive Compensation Management (ICM). In the market now for a sales performance management solution?

Visa: US Contactless Payments Primed For A Big 2020

PYMNTS

When Visa launched a contactless payments pilot with New York’s Mass Transit Authority (MTA) seven months ago, the company started small, and with modest goals. By June, the MTA’s goal is to have half of all New York stations enabled.

NYC Summit To Tackle Lack Of Influencer Regulation

PYMNTS

The first Influencer Fraudnomics Summit in New York City on Tuesday (Sept. 17) will discuss the fraud problem stemming from influencer marketing. The event strives to unite the worlds of communications and marketing to stimulate conversations about digital marketing and influencer campaigns, PR Daily reported on Monday (Sept. Like with all new innovations, there are going to be some hitches to it,” Cavazos said.

Grubhub Fees Eating Into Restaurant Profits, NYC Councilman Says

PYMNTS

New York City Council Member Mark Gjonaj says the food delivery app Grubhub is hurting restaurant profits by charging fees that are too high, The New York Times reported on Monday (Sept. Restaurant owners grumbled about the fees at a June meeting of the New York City Council’s small business committee. A federal investigation is being launched in New York by Sen.

New Manhattan Residential Listings Up, New Leases Plunge In May

PYMNTS

It’s the perfect time to lease a New York City apartment as vacancies rose, causing rental listings to jump, CNBC reported. New York City’s rental market continued to lose ground in May due to the pandemic as residents fled the Big Apple and the real estate industry remained on lockdown, CNBC reported, citing Miller Samuel Real Estate Appraisers & Consultants in New York and Douglas Elliman, a New York real estate agency.

NYC OKs Delivery Fee Caps

PYMNTS

The New York City Council doesn’t want to let food delivery apps charge restaurants too much for delivery fees, as it voted to put a cap on the fees. The bill is a bone thrown to restaurants in New York City that have always criticized the policies of apps like GrubHub and Uber Eats that charged them weighty fines for delivery. Jersey City and Chicago to provide more transparency in what everyone was paying for these services.

NYC Considers A 15 Pct Cap On Delivery Fees

PYMNTS

The New York City Council plans to impose limits on the fees delivery apps can charge restaurants for delivery, Bloomberg reported. The council plans on Wednesday (May 13) to impose limits of 15 percent fees per order and 5 percent for marketing and other services. New York’s food ordering ecosystem is a crowded one, with dozens of apps vying for customers’ attention.

Lord & Taylor To Open Small NYC Store For Holidays

PYMNTS

Lord & Taylor is opening a small shop in New York City for the holiday shopping season. After evaluating best-use scenarios for its New York City Fifth Avenue location, the Company has decided not to maintain a presence at this location,” its parent company, Hudson’s Bay Company, said at the time. Retail brick and mortar holiday shopping Le Tote lord & taylor new york city News physical stores What's Hot

Payroll Startup Gusto Plans NYC Expansion With $200M Series D

PYMNTS

Reeves said he plans to pursue new products beyond payroll and HR as the company grows, adding FinTech features like its Flexible Pay, which allows wage advances for employees. The company also has New York City expansion plans for its R&D team, the article said. Although the payroll space already has two big-name players , ADP and Paychex, their market share is only about 10 percent apiece.

Neiman Marcus May Shutter Key Manhattan Store

PYMNTS

Neiman Marcus reportedly may vacate its fashionable year-old digs at the Shops at Hudson Yards in New York City, as its landlord is shopping it to potential tenants as office space. Related Companies and Oxford Properties, developers of the upscale megamall on Manhattan’s West Side, are said to be marketing other retail space in the mall as well, according to the New York Post. Retail Hudson Yards neiman marcus new york city News What's Hot

Dunkin’ Delivery Boosts Grubhub Shares

PYMNTS

More than 400 Dunkin’ restaurants throughout New York City’s five boroughs are now offering delivery through Seamless, Grubhub’s New York brand. And there are plans to expand the service to additional markets in the coming months, including Boston, Chicago and Philadelphia. The service allows New Yorkers to order their favorite Dunkin’ items via the Seamless or Grubhub mobile app or website.

The Walmart Amazon Whole Paycheck Tracker: The Delivery Edition 

PYMNTS

Which makes it no surprise that so much of the news out of the race for the consumer’s whole paycheck this week was shipping-centric — and delivery times are about to take on a whole new meaning this week. And New York City still retains that attraction.”.

What’s Next For Real Estate In Amazon’s HQ2 Cities?

PYMNTS

13) on its new headquarters. The Seattle-based eCommerce operator and cloud computing provider decided to build in both Crystal City, an urban area in North Virginia near Washington, D.C., and in Long Island City, a neighborhood in Queens, New York City.

BuzzFeed To Launch Unique Toy Store In NYC This Fall

PYMNTS

BuzzFeed is planning to open a toy store in New York City later this fall. New York Post reported that the store, called “Camp,” will be located in an 11,000-square-foot space in Manhattan’s Flatiron District.

Delivery Wars, B2B Payments, Cereal Makers Top This Week’s News

PYMNTS

General Mills is seeking to gain ground on the revenue side by pricing its new Morning Summit cereal at nearly five times the price of standard entries. The new offering is more nut-based and probiotic. cereal market has lagged in recent times, with a bit of an uptick last year.

Uber Dials Back Drivers’ Hours In NY

PYMNTS

17), per new regulations in New York City , according to a report by Reuters. The new regulations are meant to boost driver pay and help to lessen congestion in the city. Lyft recently took similar action due to city regulations. The New York City’s Taxi and Limousine Commission (TLC) implemented new laws against rideshare companies that operate in the city.

NYC Lawsuit Targets Online eCigarette Companies

PYMNTS

More than 20 online eCigarette retailers are being sued by New York City for allegedly selling to children. New York City requested that a Brooklyn federal judge on Wednesday (Oct. 9) stop 22 online sellers from being allowed to either market or offer eCigarettes to anyone younger than 21. . The kids of New York are the pride of our city, but to these companies, they’re just a source of profit,” Mayor Bill de Blasio said.

How Might NYC’s New Ride-Hailing Minimum Wage Change Things?

PYMNTS

The new year will bring a minimum wage for Uber and Lyft drivers in New York City — that much is clear, even if the new rules on payments are a bit complicated. 4), New York City’s Taxi and Limousine Commission voted to set a minimum wage for ride-sharing drivers. The city has a general minimum wage of $15 per hour, and the level set for drivers is reportedly “considered equivalent because drivers are independent contractors.”.

Gett Shutters Juno In New York, Partners With Lyft

PYMNTS

Ridesharing company Gett, which operates under the name Juno in New York City, is shuttering its operations there and entering into a partnership with Lyft to take on its accounts, according to a report by TechCrunch. The company said that it was leaving New York because of the “enactment of misguided regulations in New York City earlier this year.”. Ridesharing Gett ipo Juno Lyft new york city News What's Hot

NY Lawsuit Claims Online Retailers Selling e-Cigs To Underage Buyers

PYMNTS

More than 20 online eCigarette retailers are being sued by New York City for allegedly selling to children. New York City requested that a Brooklyn federal judge on Wednesday (Oct. 9) stop 22 online sellers from being allowed to either market or offer eCigarettes to anyone younger than 21. . The kids of New York are the pride of our city, but to these companies, they’re just a source of profit,” Mayor Bill de Blasio said.

Gett Closes Down NY Ridesharing Brand Juno; Partners With Lyft

PYMNTS

Ridesharing company Gett, which operates under the name Juno in New York City, is shuttering its operations there and entering into a partnership with Lyft to take on its accounts, according to a report by TechCrunch. The company said that it was leaving New York because of the “enactment of misguided regulations in New York City earlier this year.”. Ridesharing Gett ipo Juno Lyft new york city News What's Hot

Appear Here Monetizes Pop-Up Store Market

PYMNTS

Renting out retail spaces in large cities for a short period of time can be tough to accomplish and expensive. It’s an online marketplace that specializes in short-term retail rental space and has just recently launched in the United States in New York City. ” Retail Appear Here Etsy lease long-term manhattan Marketplace new york city Rent short-term soho west village

Rideshare Companies Offer $100M Relief Fund For NYC Taxi Drivers

PYMNTS

Documents show that Lyft , Uber and Via have offered to help New York City’s taxi medallion owners through a $100 million relief fund paid over five years. But the money was contingent on New York dropping its proposed regulations that would limit the number of ride-hailing drivers in the city, which could cost the ridesharing companies more than $100 million. The city rejected the offer immediately.

Amazon’s NYC HQ2 Prompts Legislative Action

PYMNTS

A Senator who represents Long Island City, where Amazon plans to build another headquarters , has drafted legislation that would essentially make it illegal to buy or sell real estate based on non-public government action, according to a report from The Wall Street Journal. The contention is that the housing market in Long Island City jumped in value due to Amazon employees shopping for condos before the company announced the move.

Amazon HQ2, JPM Coin And The Weird, Wild Week Of Payments’ Left Turns

PYMNTS

After heavy speculation that not all was proceeding smoothly in the deal to put one-half of Amazon’s second headquarters in Long Island City, New York, Amazon announced via a blog post that the deal is indeed off. The Crystal City, Virginia HQ2 plans are still underway, as are plans for a new operations hub in Nashville. The program, which was introduced in Columbus, Ohio, will be piloted in 10 markets before a nationwide rollout later in the year.

Amazon Opens NYC Bookstore

PYMNTS

Amazon.com , the eCommerce giant, will open its first bookstore in New York City Thursday (May 25), marking the seventh physical store for the company. Other tenants in the retail space include Whole Foods Market, Coach, Michael Kors and pricey restaurants Per Se and Masa, noted the report. The Columbus Circle store in New York City is the first of three retail locations Amazon plans to open in the New York City market.

Walmart Pushes Same-Day Delivery With Parcel

PYMNTS

According to a news report from CBNC, Walmart is pushing full-speed-ahead with its same-day delivery plans in New York City, and has acquired local startup and delivery tracking app Parcel to make the behind-the-scene logistics work properly. The Brooklyn-based firm specializes in handling scheduled and same-day deliveries in New York for retailers like Bonobos, as well as meal kit companies like Chef’d and Martha Stewart’s Martha & Marley Spoon.

Fizzle Of The Week: The NYC Amazon HQ That Will Never Be

PYMNTS

Amazon and the city of New York managed to pull off one of history’s more spectacular break-ups this week, with the Valentine’s Day announcement that the city and the nation’s largest eCommerce firm would not be joining forces to build half of Amazon’s HQ2 in Long Island City. And so, NYC HQ2 is off – and according to Amazon , they will not be looking to find a replacement site for the location that was once supposed to house 25,000 new employees.