article thumbnail

Farmhouse Market’s Remotely Operated, 24/7 Grocery Store

PYMNTS

Such locations can be critical in expanding retail options for smaller cities and towns, too, and staff-free grocery store Farmhouse Market seeks to do just that for consumers in New Prague, Minnesota. The pair ultimately designed a concept that could operate without any on-site staff to solve this quandary. “We

article thumbnail

Amazon’s Great Infrastructure Expansion Rolls On — Now With A New Logistics IT Center

PYMNTS

The logistics IT center is slated for downtown Minneapolis and will reportedly create 100 new technology focused full-time positions. Amazon is already a large-scale employe in Minnesota, with hundreds presently employed and about 1,000 more currently being hired to staff the firm’s new Shakopee, Minnesota fulfillment center.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Retail Malls Look For New Innovations, Commerce And Otherwise

PYMNTS

That is among the latest trends as retail reinvents itself, and technology and other trends force new uses for old commerce spaces. Mall of America is teaming up with University of Minnesota physicians and a Minnesota-based health care system to operate the clinic.”. What to do with retail malls? Mall Leases.

Retail 108
article thumbnail

Can 5G Power Retail Drone Deliveries?

PYMNTS

The worlds of drones and 5G mobile network technology – two of the most promising trends in digital payments and commerce – are colliding. UPS , too, is going down the drone path – one that Amazon pioneered for retail delivery uses – and is seeking a certification to operate commercial drone flights. The company applied to the U.S.

Retail 169
article thumbnail

The benefits of micro-lending programs

Independent Banker

which operates $12 billion-asset OceanFirst Bank N.A. Although the SBA already operates a microlending program, the underwriting standards are similar regardless of whether it is a $5,000 or $50,000 loan. Beth Mattson-Teig is a writer in Minnesota. in Toms River, N.J. saw something similar. Small dollars, big impact.

Lending 150
article thumbnail

How Mobile Order-Ahead Drives Innovation In Restaurant Design

PYMNTS

The technology is changing the design of restaurants, as some coffee chains are rolling out pick-up only locations while others are refreshing stores with pickup windows. Large chains like Dunkin’ and Starbucks were among the first to embrace mobile order-ahead technology.

Mobile 146
article thumbnail

Automated Retail Speeds Up Delivery And Checkout

PYMNTS

However, that is not the case with Farmhouse Market, a cashierless store in New Prague, Minnesota, population roughly 8,000. The store was founded to bring local, organic food to the 40 percent of Minnesota’s population living outside a metropolitan area. We looked to technology to assist us,” she said.

Retail 180