PYMNTS

NOVEMBER 23, 2020

When Miami-based Retail e-Commerce Ventures (REV) recently announced that it purchased the remains of twice-bankrupt RadioShack , it wasn’t some one-off strategy to acquire distressed assets for pennies on the dollar. It’s a plan the company describes as “transforming well-known, distressed retail brands into eCommerce success stories.”

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Branding Retail New Jersey Miami 254

PYMNTS

MARCH 11, 2020

Other states and cities have passed similar laws, including New Jersey, Massachusetts, New York City and Philadelphia. New Jersey passed its cashless ban law in February of last year. If the new Delaware bill is made into law, offenders could face up to $10,000 per violation.

Delaware 132

Delaware New Jersey Massachusetts New York City 132

PYMNTS

MARCH 4, 2019

Amazon, of course, stands out as a marquee name in the move to make the retail experience wholly digital commerce. As had been reported late last month, in New York City, the city council held a hearing centered on a bill that would ban stores and restaurants from being able to refuse to accept cash. The Case Against Cash.

Retail 129

Retail New York City New York New Jersey 129

PYMNTS

DECEMBER 3, 2020

In July , Walmart cut its workforce by laying off hundreds in its logistics, real estate and retail location-planning divisions. “We The retailer confirmed the new round of layoffs to Footwear News on Wednesday (Dec. Walmart told the news outlet the job cuts were part of a shift to omnichannel operations. “As

Arkansas 191

Arkansas New Jersey Retail Online 191

PYMNTS

MARCH 22, 2020

Meanwhile, retailers have been advertising price cuts, steep discounts and free shipping in an effort to stimulate eCommerce sales, according to Reuters. As we meet the demand for these necessities, we are adjusting how we operate in many ways to improve safety,” said Best Buy CEO Corie Barry.

Retail 132

Retail New York City Vermont New York 132

PYMNTS

NOVEMBER 12, 2020

Here are the latest developments in new store concepts, ordering and delivery from various big names in the sector: Amazon To Open Amazon Fresh Store In New Jersey. Amazon is growing its brick-and-mortar footprint for Amazon Fresh with a New Jersey outpost for the concept.

South Dakota 225

South Dakota North Dakota New Jersey Los Angeles 225

PYMNTS

JANUARY 14, 2021

Women’s clothing retailer Christopher & Banks Corporation has voluntarily filed for Chapter 11 bankruptcy in the United States Bankruptcy Court for the District of New Jersey, according to a Thursday (Jan. Moreover, the retailer foresees shuttering many of its physical retail locations, or potentially each of them.

New Jersey 141

New Jersey Minnesota United States Retail 141

PYMNTS

FEBRUARY 19, 2020

Part of the problem has been a competitive field, with newer players offering better options and expanding their operations. And retailers such as Kroger and Albertsons, through acquisitions of other meal-kit companies, have grown their own operations. The company fell short of expectations this quarter with $94.3

New Jersey 140

New Jersey Arlington Texas New York 140

PYMNTS

APRIL 26, 2019

Floravere Co-founder Denise Jin said in an announcement , “With our New York Flagship, we’ve created a retail experience that reflects how our bride actually shops: from IG to IRL. Beyond Floravere, other wedding retailers have opened up brick-and-mortar stores in New York City and its greater metropolitan area.

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Branding Retail New York New York City 123

PYMNTS

JULY 31, 2020

Authentic Brands Group ( ABG ), the New York-based brand management company, could be the latest potential buyer of Ascena Retail Group , the recently bankrupt parent firm of Ann Taylor, Footwear News reported. The New Jersey-based company operates about 3,000 stores, mostly at malls.

Puerto Rico 145

Puerto Rico Report New Jersey New York 145

PYMNTS

OCTOBER 12, 2018

Brick-and-mortar retailers have closed flagship locations in recent times, but sometimes these landmark stores make a comeback. The new store, which will be located at 30 Rockefeller Plaza, will feature multiple experiential retail components. While $134 million worth of debt comes due for Sears on Monday (Oct.

Retail 116

Retail New York City San Francisco New York 116

PYMNTS

FEBRUARY 28, 2020

The American Dream megamall in New Jersey is preparing to open a round of retail stores after nearly two decades in waiting. Triple Five Group said there will be other retailers opening their doors at the megamall throughout 2020, with a luxury wing called The Collections set to open in September.

New Jersey 133

New Jersey Retail New York Groups 133

PYMNTS

APRIL 10, 2019

Cashless retail, to a point, and then cashless and cash, too. Reports came Wednesday (April 10) across a variety of financial news conduits, among them CNBC , that Amazon will add “additional payment mechanisms” to its Go stores – and among those would be cash.

New Jersey 144

New Jersey Philadelphia United States Chicago 144

PYMNTS

JULY 2, 2020

On both sides of the Atlantic, the news was nothing short of devastating for icons like the U.K.’s a veritable “who’s who” of retailing legends, including Macy’s, Nordstrom, JCPenney and Sears. Industry observers woke Wednesday morning (July 1) to the news that John Lewis, the U.K.’s Not every bit of news has been as tragic.

Retail 246

Retail New Jersey Guidelines Texas 246

PYMNTS

MAY 28, 2018

The Verge reported that Best Buy Mobile stores were only contributing around 1 percent of overall revenue, while gobbling up more in operational costs than their full-sized counterparts. Outside of grocery, crafts retailer A.C. In Other Brick-and-Mortar News…. Grocers, for instance, are heartily embracing small-format stores.

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Retail Missouri New Jersey Minnesota 100

PYMNTS

MAY 18, 2020

Bloomberg News reported analyst Jason Kupferberg said the gradual opening of states amid the coronavirus is a positive sign for retailers. For example, we wonder how many restaurants, retailers or salons can operate profitably if they are only allowed to be 25-50 percent full,” he said. Square Inc.’s Paychex Inc.,

America 186

America San Francisco New Jersey Resources 186

PYMNTS

AUGUST 4, 2020

In addition, Wawa has announced its plans to add a drive-through feature to a new store under construction in Westhampton, New Jersey. The chain also operates stores in New Jersey, Delaware, Maryland, Virginia and Washington, D.C.

New Jersey 155

New Jersey Delaware Maryland Pennsylvania 155

PYMNTS

DECEMBER 28, 2016

Activewear brand Fabletics , which was co-founded by Kate Hudson in 2013, announced plans for a retail expansion across the U.S. The once pure play eCommerce business will open 12 new physical locations next year, adding to the 18 existing Fabletics locations that began launching in the Fall of 2015.

San Diego 190

San Diego San Jose San Francisco Indianapolis 190

PYMNTS

JANUARY 6, 2020

The highly anticipated American Dream Mall (ADM) in New Jersey will hold its last opening day celebration in March with almost 100 percent of its 3.3 million square feet fully leased out to retail, food and entertainment tenants, Bloomberg reported on Monday (Jan. 25 with Nickelodeon Universe and an ice skating rink; Nov.

Trends 132

Trends New York City New Jersey Miami 132

PYMNTS

APRIL 5, 2018

retailers (or any foreign players) to establish a strong presence in the Chinese market. It seems that, like the rest of the country’s retailers, Walmart had to pick a side between China’s two eCommerce giants: Either Tencent or Alibaba , both of which have been investing heavily since 2017 in efforts to dominate the mobile payment market.

Retail 115

Retail US Regional Branding 115

PYMNTS

JULY 3, 2019

The latest to do so is Provident Financial , a New Jersey-based bank providing consumer and business banking services in New Jersey and Pennsylvania. According to the publication, the partnership is not only noteworthy for the FI’s work with a FinTech. They’re very disciplined on credit and interest rate risk,” he said.

Community Bank 116

Community Bank Community Fintech New Jersey 116

PYMNTS

NOVEMBER 13, 2020

The sale is subject to the go-ahead from the United States Bankruptcy Court for the Southern District of New York. The retailer’s weekly offerings let consumers “shop the drop,” a curated selection of high-end merchandise from names that are not often discounted. Century 21 stores announced on Sept.

United States 126

United States New York New Jersey social media 126

PYMNTS

AUGUST 31, 2020

Seven weeks after the corporate parent of New York & Co. RTW Retailwinds , a New York-based specialty apparel retailer, announced the Saadia Group agreed to purchase its eCommerce business at a bankruptcy auction Friday (Aug. Bankruptcy Court for the District of New Jersey. 28) for $40 million.

New York 141

New York Los Angeles New Jersey Groups 141

PYMNTS

MARCH 30, 2018

The retailer is continuing to test the lockers through an installation at a New Jersey store per a tweet from a Fortune writer, industry news source Chain Store Age reported. Shoppers can find the lockers adjacent to the retailer’s “At Your Service” counter at the New Jersey location.

New Jersey 100

New Jersey Chicago Retail Report 100

PYMNTS

DECEMBER 6, 2018

Lawmakers in New Jersey have passed a bill to ban stores from going cashless. According to Chain Store Age , the legislation requiring all brick-and-mortar retailers to accept cash was unanimously approved by the N.J. But companies like Amazon , as well as other major retailers, have spoken out about the legislation.

NJ 133

NJ New York City New Jersey Philadelphia 133

PYMNTS

JUNE 22, 2020

On the optimistic side Elliot Nassim , president of Mason Asset Management, which co-owns the University Mall in Carbondale, Illinois, says: “We have always felt that the retail industry is evolving, despite what doomsday headlines would have you believe. There are about 1,000 malls — both privately and publicly held — operating in the U.S.

NJ 132

NJ New Jersey Illinois Retail 132

PYMNTS

JANUARY 8, 2020

Long live physical retail. That’s the thought one gets when reading news via Bloomberg , which reported “when shoppers visit the long-awaited American Dream mega-mall in New Jersey this spring, they can expect to see it crammed with stores, restaurants and entertainment activities.”. Overall retail sales from Nov.

San Francisco 131

San Francisco Indianapolis New York City Retail 131

PYMNTS

AUGUST 23, 2019

Emma Waddell will join the company as vice president of financial services compliance, while Joe Rodriguez will serve as lead counsel of financial services, per news from the retailer. “As Waddell will report to Chris Cyrenne, senior vice president of global regulatory compliance, and will begin her new role on Sept.

South Carolina 148

South Carolina Compliance New Jersey Leadership 148

PYMNTS

OCTOBER 2, 2020

Right from the start, the project has been a symbol of the mall format’s troubles as it has had to close with the pandemic, and now reopen in a retail environment in which shoppers are opting for eCommerce. It features 3 million square feet of retail and entertainment space.

New York City 131

New York City America New Jersey New York 131

PYMNTS

OCTOBER 18, 2019

After serving as destinations for Big Apple shoppers for at least 50 years, northern New Jersey’s malls are aiming to find ways to differentiate themselves as a new retail neighbor arrives. The American Dream retail and amusement complex is expected to open on Oct.

NJ 101

NJ New York City New York New Jersey 101

PYMNTS

JUNE 2, 2017

Reuters reports that the program could be a way for the retailer to compete with rival Amazon.com, as it will cut shipping costs, speed the delivery of packages and allow workers to earn additional money. It’s easy to see why this test could be a game changer,” said Marc Lore, head of Walmart’s eCommerce operations. population.

Online 101

Online Arkansas New Jersey Retail 101

PYMNTS

DECEMBER 19, 2017

Embattled toy and game retailer Toys R Us may close 100 U.S. Store sales for the Wayne, New Jersey-based firm have declined 15 percent this holiday shopping season compared to last, and the number of brick-and-mortar toy stores shuttering after the holidays could reach as high as 200. Toys R Us operated 879 U.S.

US 109

US New Jersey Retail Online 109

PYMNTS

JANUARY 12, 2018

But the membership-only retailer said it had closed the stores following a “review,” according to news from Reuters. After a thorough review of our existing portfolio, we’ve decided to close a series of clubs and better align our locations with our strategy,” the retailer wrote in a tweet. Walmart’s shares rose 0.5

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Alaska Indiana New Jersey Arizona 109

PYMNTS

APRIL 3, 2019

To help tell consumers about less expensive alternative offerings, Goodwill Industries of Greater New York and Northern New Jersey is teaming with Price.com. That picture is then sent to the service, which analyzes the material via machine learning technology and provides an opinion about the item’s authenticity.

New Jersey 102

New Jersey New York Technology Operations 102

PYMNTS

SEPTEMBER 22, 2020

There’s arguably no more polarizing macroeconomic issue in the retail world than the fate of the American mall. The problems start with how retailers view and serve the customer. REITs are not exactly a source of good or even consistent news these days. PREIT has had to absorb some of the same losses as its colleagues.

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Philadelphia Retail DC Detroit 206

PopularBank

AUGUST 31, 2022

The changes, effective October 2022, will also include an increased balance threshold to avoid overdraft fees and will apply to retail and commercial customers. The changes, effective October 2022, will apply to the bank’s retail and commercial customers. Popular Bank , a subsidiary of Popular, Inc.

New Jersey 52

New Jersey Florida FDIC New York 52

PopularBank

OCTOBER 13, 2020

The new investment vehicle aims to economically empower Black and Latinx business owners throughout the City of Newark. NWK FAM Fund Seeks to Narrow the Wealth Gap in New Jersey. Popular Bank will serve as an initial corporate partner alongside organizations including AT&T, Panasonic and New Jersey Community Capital.

New Jersey 52

New Jersey Community NJ New York 52