PYMNTS

JUNE 10, 2020

As retail reopens and starts to spur some optimism for the future, a dark number appeared on the scene on Tuesday (June 10). Coresight released a report that says 25,000 retail storefronts will close by the end of the year. Alternative research and other market dynamics make such a scenario seem unlikely. percent of U.S.

Retail 131

Retail New York City Online Trends 131

PYMNTS

JULY 22, 2020

A new advocacy group dedicated to direct-to-consumer retail was announced this week with representation from Google and several major retailers including QVC, Brooks Brothers and Lane Bryant. It foresees a short-term evolution of retailing to an all-DTC world. The pandemic forced it on to a digital platform in early Q2.

Google 150

Google Groups Retail New York City 150

PYMNTS

SEPTEMBER 19, 2018

ALDI has announced that it is expanding its online grocery delivery service to all of its stores in the United States. According to Chain Store Age , the German supermarket company will use its partnership with Instacart to roll out the service to 75 major markets, including San Diego, New York City, Miami, Raleigh and Minneapolis.

San Diego 173

San Diego Online Los Angeles US 173

PYMNTS

FEBRUARY 24, 2020

As 2020 unfolds, the retail business has been dramatically altered. But with consumer spending holding steady, it’s important for retailers to grasp the opportunity to create innovative ways to get, keep and grow customers. And retailers that deploy experiential tactics drive repeat purchases at rates nearly twice those who don’t.

Retail 210

Retail Branding New York City Indiana 210

PYMNTS

DECEMBER 11, 2018

Retailers are doubling down on toys amid a gap in the market left by the bankruptcy of Toys R Us. toy retailer Hamleys , for instance, is eyeing a potential New York City location for a flagship store. Retailers Step up Toy Selection. In the U.K., Hamleys has been around for centuries in the U.K.,

Retail 166

Retail US New York City Los Angeles 166

PYMNTS

SEPTEMBER 19, 2019

Apparel used to be mostly a brick-and-mortar retail experience, but that has changed drastically over the last few years – and has been one of the main innovations when it comes to commerce related to the clothes we wear. But at this point, it is also mostly table stakes in the race to bring apparel retail online. Better Fit.

Retail 137

Retail Innovation San Francisco New York City 137

PYMNTS

AUGUST 2, 2018

Retail is undergoing a reinvention with the rise of eCommerce, and merchants are trying new approaches to their brick-and-mortar stores. Nordstrom , for example, has rolled out a new store concept , Nordstrom Local, that premiered in West Hollywood. billion on online purchases in 2017. Retail spending saw a 1.6

Retail 102

Retail Marketing Los Angeles Online 102

PYMNTS

JULY 19, 2019

Iconic brick-and-mortar retailers are sometimes reinvented, and return to the world of retail with smaller-format concepts. Tru Kids has entered into a joint venture with the software-powered experiential retailer b8ta to offer a new store experience with curated toys in “highly immersive, smaller-format spaces.”.

Retail 150

Retail US New York United States 150

PYMNTS

APRIL 18, 2019

Big news is in the offing for Walmart , Amazon and other chains that offer grocery ordering online – they have gotten a formal “green light” from the USDA to offer that service to recipients of the Supplemental Nutrition Assistance Program (SNAP). Reports indicate other retailers will join the program next month.

Online 126

Online North Carolina New York New York City 126

PYMNTS

MAY 5, 2020

As retailers contend with the continuing COVID-19 crisis and the inevitable resettling of the business, one of the most popular pieces of advice has been to reformat existing stores. After the LA market launch, the crisis hit. But I think the reason people aren’t buying food online is because they don’t trust it.

Retail 150

Retail New York City New York social media 150

PYMNTS

JANUARY 24, 2019

Before consumers started to trade brick-and-mortar shopping experiences for eCommerce websites, retailers could bring customers through their doors with window displays. According to the PYMNTS Virtual Reality In Retail Report , there are expected to be 100 million AR/VR headset users by 2022.

Retail 204

Retail Training New York City Technology 204

PYMNTS

APRIL 4, 2018

Just because a retailer was created for the internet doesn’t mean it has to stay on the internet. Digitally-native retailers, such as thredUP , are turning to brick-and-mortar stores to reach consumers, too. thredUP, though, works a little differently from traditional retailers. by the end of 2018, CNBC reported.

Retail 103

Retail New York City San Francisco New York 103

PYMNTS

APRIL 20, 2017

Renting out retail spaces in large cities for a short period of time can be tough to accomplish and expensive. With rising retail rents in places like Manhattan, up-and-coming retailers are likely to sell products either out of their home or via online stores like Etsy. ”

New York City 100

New York City Marketing New York United States 100

PYMNTS

JUNE 9, 2020

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. The COVID-19 recession is causing a major shakeout in retail, with Neiman Marcus being one of the big ones to enter bankruptcy court.

New York City 130

New York City New York Study Retail 130

PYMNTS

JULY 26, 2018

The brand took an unusual root to the market – bootstrapped early on with funding from friends and family, and then marketed through some genuinely unusually channels, according to Forbes , including airline magazines and radio ads. We were first to market,” Riccobono said of the now oft-copied untuckable shirt concept.

Retail 109

Retail New York City Branding New York 109

PYMNTS

JUNE 6, 2019

Look to China, and look some more — that’s one of the main messages in mid-2019 for luxury retailers, at least for ones not based in the U.S. Luxury retail is a hot space in China. Online Push. But China clearly offers opportunity for certain luxury brands, and that market promises to keep developing. Back in the U.S.,

Retail 122

Retail New York City Branding New York 122

PYMNTS

SEPTEMBER 5, 2019

Luxury retail is being revised — and in some cases, reinvented — and those trends are worth attention as the 2019 holiday shopping season approaches. One of the latest, ongoing trends is the rise of online luxury resale commerce. That’s not to say brick-and-mortar is doing well in all areas of the luxury retail world.

Retail 123

Retail New York New York City Philadelphia 123

PYMNTS

JANUARY 13, 2019

Headhunters report that while the direct impact from Amazon and Google remains to be seen, it is good news for the job market in New York City. It is the largest labor market in the country, and it’s a fairly diversified market.” That makes it worthwhile to pay high rent and labor costs.

New York City 134

New York City New York Google Marketing 134

PYMNTS

FEBRUARY 18, 2019

To serve travelers from China who want to shop in-store and online, retailers thousands of miles away from Asia are accepting Alipay in brick-and-mortar stores and on the web. Wang noted that the retailer is also “constantly evolving to provide more Chinese consumers a seamless and familiar way to pay.”.

Online 140

Online Las Vegas America San Francisco 140

PYMNTS

JULY 1, 2016

The accepted wisdom of the current retail reality is that no formerly brick-and-mortar brand can operate in a vacuum from the destabilizing effects of online sales. It would seem as if the cosmetics industry has found a corner of the retail market that Amazon can’t touch – though it’s not for lack of trying.

Online 101

Online New York City Branding New York 101

Abrigo

DECEMBER 18, 2023

Takeaway 2 Advisors recommend that financial institutions look behind some of the headlines and examine their own markets before ruling out CRE altogether. But understanding trends in their own portfolios and local markets can allow lenders to identify risk-appropriate CRE credits. They’re not your hometown.

Risk Management 221

Risk Management Management Lending Capital 221

PYMNTS

DECEMBER 16, 2019

15), “the City Council is scheduled to hold a public hearing on a plan requiring new retailers in the area to designate at least 500 square feet of space to fresh food. As reported, the measure would apply to discount and dollar stores, often the main source of retail in so-called food deserts.

Retail 131

Retail Oklahoma City New York City Oklahoma 131

PYMNTS

MAY 25, 2017

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.

New York City 101

New York City Columbus New York New Jersey 101

PYMNTS

SEPTEMBER 18, 2018

Walmart is energizing its Jet.com engines to power the online eCommerce site that it acquired two years ago. To get more millennials on board, the Bentonville, Arkansas-based retailer is rolling out offerings designed to attract younger, well-to-do consumes in urban areas. cutoff for same-day deliveries.

Millennials 140

Millennials New York City New York Branding 140

PYMNTS

APRIL 4, 2016

After years of slow growth brought on by the financial crisis, retail rents are recovering and are on the rise. That serves as good news for landlords and developers, but not great news for shop owners. percent, respectively, according to New York City-based research firm Reis Inc.

San Francisco 100

San Francisco Retail Denver New York City 100

PYMNTS

OCTOBER 4, 2019

Online retailers are expanding their brick-and-mortar footprints – and using feedback from eCommerce customers to inform the selections in their new stores. The Natick Mall store carries products that are top sellers or new and trending on Amazon’s website. In Other Brick-and-Mortar News.

Retail 109

Retail San Francisco United States Boston 109

PYMNTS

AUGUST 9, 2019

Outdoor apparel retailers are reinventing their brick-and-mortar spaces to connect with customers by making stores into destinations that offer experiences. In the updated retail space, the company said, customers will “immediately feel The North Face heritage and experience the brand’s values.”

Retail 108

Retail New York City New York United States 108

PYMNTS

JULY 7, 2020

It’s hard to find a retail fashion category that’s reliably successful these days. We have increased our customer base online, and many of our customers — in-store customers — are now multichannel customers.”. But even online, it’s hard to see a trend. During this hard time, I’m trying to anticipate the market.

North Carolina 238

North Carolina New York City Charlotte Retail 238

PYMNTS

MARCH 19, 2019

The Global Wellness Institute found that the market for those kinds of offerings was value at $4.2 Chief Revenue Officer Kimberly Kreuzberger said, according to the outlet, “We’re marketing to a very actionable consumer because they’re a shopper.”. While Gwyneth Paltrow’s Goop Inc.

Los Angeles 116

Los Angeles Marketing San Francisco New York City 116

PYMNTS

NOVEMBER 16, 2018

Big brands are opening big stores in big cities, but Nike is taking a decidedly digital approach with its New York City flagship: that is, the customer payment and shopping experience in the new space is powered by mobile technology. In Other Brick-And-Mortar Retail. percent forecasted by analysts.

Training 150

Training Retail New York City Branding 150

PYMNTS

DECEMBER 21, 2018

With new products bolstering online sales of apparel and footwear, Nike came out ahead of Wall Street quarterly estimates. The company’s stock rose 7 percent on the news on Thursday (Dec. Nike has grown online retail partnerships over a period of more than a year, and it has also hastened the speed of new item releases.

New York City 172

New York City America New York Retail 172

PYMNTS

APRIL 13, 2018

Traditional brick-and-mortar retailers are flocking to digital channels to avoid going out of business. Retail apocalypse skeptics have been saying it for some time: Brick-and-mortar retail isn’t dying; it’s just changing. And the problem with traditional retail was never that it lived in physical stores instead of digital ones.

Retail 116

Retail New York City Branding New York 116

PYMNTS

JUNE 11, 2018

In news that might please frat boys, fans of European beer and owners of man caves, Heineken has started online sales of its home tap machines and the two-liter kegs that work with it. But this is not Heineken’s first foray into online beer sales. A direct-to-consumer service means Heineken can be fast to market, she said.

Online 115

Online United States New York City Georgia 115

PYMNTS

SEPTEMBER 7, 2018

Digitally native brands, especially those that sell tactile products like footwear, are seeing an offline opportunity in opening flagship stores in major cities. Shoe brand Allbirds , in particular, has brought a large retail space in New York City. In Other Brick-And-Mortar News.

Retail 100

Retail Los Angeles Branding New York City 100

PYMNTS

SEPTEMBER 21, 2018

To break into the brick-and-mortar world, some digitally native retailers have opened shops inside department stores. Rent the Runway , in particular, is opening a 2,600-square-foot store in San Francisco after outgrowing its 1,800-square-foot space inside of a Nieman Marcus store in the city. In Other Brick-And-Mortar News….

San Francisco 123

San Francisco Retail Chicago San Diego 123

PYMNTS

NOVEMBER 12, 2020

Twelve years after the housing and mortgage markets’ collapse threw the United States into financial distress not seen since the Great Depression, market watchers are again on the lookout for a possible new banking crisis spawned by upheaval in the U.S. commercial real estate sector. More Than Just Hotels Are in Trouble.

New York City 227

New York City New York Missouri Philadelphia 227

PYMNTS

SEPTEMBER 8, 2020

That’s the oversimplified view of the business model adopted by Wardrobe , a new kind of peer-to-peer fashion rental company that on Tuesday (Sept. 8) is breaking out of its New York City beta test and into a nationwide launch. The third way to look at the business model is from Wardrobe’s point of view.

Los Angeles 235

Los Angeles New York City Meeting New York 235