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BLS Report Shows Static Retail Jobs Picture

PYMNTS

That’s the case with the new employment report from the Bureau of Labor Statistics, which showed that retail jobs held steady between January and February. Manufacturing, mining, wholesale and retail trade, and transportation and warehousing saw little change in employment for the month, the BLS said. Sometimes no news is good news.

Retail 150
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CRE risk management: Navigating hazards and opportunities

Abrigo

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. The impact is not consistent.” at big banks.

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Kroger, Ocado Announce Two New Customer Fulfillment Centers

PYMNTS

Kroger and Ocado , one of the world’s largest online grocery retailers, have announced that Central Florida and the Mid-Atlantic will be the next regions for Kroger’s two newest customer fulfillment centers (CFC) in the U.S. The retailer noted that the facility could bring in over 410 new jobs. As the U.S.

Ohio 122
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Marks & Spencer Looks To Launch Food Delivery Service With Ocado

PYMNTS

Marks & Spencer is in discussions with online supermarket Ocado that would offer the British retailer a food delivery service for the first time. retail landscape continues to change, these CFCs will play a crucial role in helping Kroger offer its customers a superior online shopping experience in these two major markets.”.

Ohio 101
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Mall Now A Four-Letter Word For Some Operators?

PYMNTS

Consider Parmatown Mall, in Parma, Ohio, which has been refashioned as The Shoppes at Parma. Said one marketing professional involved in a handful of the name changes, some words are anathema, such as pavilion and galleria, which are words that have mall-ish connotations. Hanover Mall, situated in Hanover, Mass.,

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Is Amazon’s Delivery ‘Purge’ A Boon To Last-Mile Rivals?

PYMNTS

The net impact of Amazon’s decision translates to Bear Down Logistics’ facilities shutting down in Ohio, Virginia and Illinois in April — with 280 positions lost. Yet, in a competitive market, pay may matter. Postmates said its overall Delivery-as-a-Service has leapt by more than 300 percent year over year across retailers.

Michigan 196
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The Warehouse Building Rush Brought By eCommerce

PYMNTS

Ecommerce is really changing the shape of the market,” said Perry Colosimo, a FedEx spokesman, in a written statement. “We All in, developers have added 56 million square feet of space, and the market has grown a staggering 25 percent. The neighborhood itself is a virtual who’s-who of America retail: Walmart Stores Inc.,