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Fashion District Philadelphia Attracts More Than 70 Tenants In First Year

PYMNTS

Fashion District Philadelphia garnered more than 70 tenants and an average of nearly 700,000 visitors per open month in its first year, according to a Monday (Sept. In addition, the company said that Starbucks added a new store on Market Street at The District on Aug. 14) announcement.

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Odds Are That Online Sportsbook Wins Big Post-COVID

PYMNTS

Online sportsbooks have been beneficiaries of that dictum ever since COVID-19 eradicated most live sports, leaving millions of fans and a great many bettors potentially mired in boredom. DraftKings already has similar arrangements with three NBA franchises: the Boston Celtics, Indiana Pacers and Philadelphia 76ers. billion by 2025.

Online 168
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Why Misfits Market Thinks Selling Imperfect Produce Is A Perfect Business

PYMNTS

But regardless of how the business works, don’t call the products of Misfits Market ugly. There’s the excess and then there’s the rest of the produce that doesn’t make the cut,” Ramesh, Misfits Market’s founder and CEO, tells PYMNTS CEO Karen Webster. It’s anything that is nonstandard. That’s interesting to me.”.

Marketing 170
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New Study Suggests Online Lenders Target Vulnerable Consumers

PYMNTS

The Federal Reserve Bank of Cleveland issued new research on the online lending market showing that borrowers end up in more debt than consumers who don’t utilize this method of borrowing. The researchers used data from TransUnion for the study, pinpointing 90,000 borrowers who took out online loans from 2007 to 2012.

Study 100
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Upscale UK Retailers Look To Land In US Market

PYMNTS

and another one is ready to open, both of them seeking a new market as their home turf sees retail struggles. We’re excited to bring our vertically integrated model to the United States, the largest home improvement market in the world,” a Wren Kitchens spokesperson said. Florida, Chicago and Philadelphia are set. expat effort.

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Will eSports And Other Online Businesses Spike Digital Taxes?

PYMNTS

As one estimate put it, “in 2018, the global eSports market was valued at nearly $865 million, (and the) global eSports market revenue will reach $1.79 The realm of eSports is not the only place in the greater online world where taxes are a new and sometimes confusing issue in 2020. billion in 2022.”. State Pressure.

Taxes 132
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Philly Mall Owner Sets The Tone For Digital 3.0

PYMNTS

A Philadelphia-based mall owner is taking a proactive approach to the digital shift and back-to-school shopping. PREIT (Philadelphia Real Estate Investment Trust) is curating its first eCommerce offering in what it says is a unique avenue to engage consumers from a multi-retail perspective.