PYMNTS

JANUARY 2, 2020

Data: 2020: The year that Anchor Shops, with a retail store and a fulfillment center, is set to open. 12: Number of additional stores that Anchor Shops hopes to build in the Philadelphia and New Jersey region. Data: 2020: The year that Anchor Shops, with a retail store and a fulfillment center, is set to open.

Retail 132

Retail New Jersey Philadelphia Payments 132

PYMNTS

JANUARY 21, 2021

Plenty of famous retail chains have collapsed both before and during a pandemic that has slammed brick-and-mortar stores, but some iconic names like Pier 1 , Barneys New York and others are coming back – at least in some fashion. The chain eventually closed all U.S. A slimmed-down version of the U.S.

Retail 246

Retail Los Angeles New York Branding 246

PYMNTS

DECEMBER 26, 2019

Top-tier malls in the country, once thought to be impervious to the changing retail landscape, have been struggling lately, according to a report by The Wall Street Journal. which owns The Mall at Short Hills in New Jersey and the Beverly Center in Los Angeles. a share, from an earlier range of $7.04

Retail 132

Retail Los Angeles New Jersey Pennsylvania 132

PYMNTS

MARCH 31, 2020

As recently as a few years ago, it was often difficult to get retailers to think seriously about unattended retail as an expansion or extension of their business. That shift in consumer preferences is driving an ever-expanding digitization of the physical retail experience, he noted. While that is a growth area, Layden Jr.

Retail 175

Retail New Jersey Oregon Technology 175

PYMNTS

MARCH 18, 2020

For most retailers, this virus thing is starting to hurt. Retailers are now in full-on battle mode,” said Jefferies Analyst Randal Konik , who foresees a 90 percent to 100 percent drop in mall traffic. For retailers, this is now about near-term survival.”. The shopping center industry in the U.S. Add closures across the U.S.

Retail 161

Retail Groups New York City New Jersey 161

PYMNTS

SEPTEMBER 9, 2020

The virus itself is not the only factor in play, however, with the devastating economic downturn and record-high unemployment rates also sharply reducing consumers’ purchasing power and their willingness to make retail purchases. Digital commerce is one of the only truly safe revenue streams available to retailers right now.

Retail 169

Retail Report How To New Jersey 169

PYMNTS

JULY 22, 2019

Retailers are feeling the heat from high rent costs. According to a report in The Wall Street Journal , while commercial retail rents are down, rent costs still remain higher than prerecession levels in many prime shopping areas, including Manhattan, Los Angeles and Dallas. The retailer fought the rent increase but lost.

Retail 109

Retail San Jose Los Angeles San Francisco 109

PYMNTS

APRIL 16, 2018

The retailer’s website has 55.9 million average monthly visits, retail news source Retail Dive reported. The think tank found a decline of 410 basis points in the retailer’s apparel share as its revenues declined by $3 billion from 2012 to 2017.

Retail 111

Retail Online New Jersey Florida 111

Bank Innovation

MARCH 30, 2020

For one community bank in New Jersey, its digital overhaul came at a crucial time, and Provident Bank has been pushing its digital capabilities to customers during the novel coronavirus pandemic since revamping its online banking earlier this month.

NJ 259

NJ New Jersey Community Bank Community 259

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

Payments Source

DECEMBER 5, 2019

Toys "R" Us debuts concept store in New Jersey; a Visa exec heads to Google; and other information you need to start your day, from PaymentsSource and around the web.

New Jersey 85

New Jersey Retail Google US 85

PYMNTS

NOVEMBER 9, 2020

Good news for restaurants, physical retail — and consumers — but bad news for delivery apps, quick-service restaurants (QSRs), streaming services, and apparently bitcoin, although many expect this dip to be temporary, reported CoinDesk. Meanwhile, New Jersey Sen.

Bitcoin 225

Bitcoin NJ New Jersey blockchain 225

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. The move follows a letter sent to Amazon CEO Jeff Bezos from four senators — Cory Booker and Robert Menendez of New Jersey, Sherrod Brown of Ohio and U.S.

Retail 132

Retail New York City Vermont New York 132

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

DECEMBER 15, 2020

The chain currently has 167 retail locations, most of them operating under the Shoe Palace flag. More than 50 percent of the retail locations are in California, but the retailer has an “established retail presence” in Hawaii, New Mexico, Colorado, Florida, Arizona, Nevada and Texas.

California 220

California Hawaii Arkansas Nevada 220

PYMNTS

JANUARY 24, 2021

retail presence in recent decades, is reversing course and closing all its North American brick-and-mortar locations, according to numerous online news sources citing a company statement. In addition to its traditional boutique candy shops, the new locations have included cafes.

Puerto Rico 287

Puerto Rico US New Jersey United States 287

PYMNTS

APRIL 10, 2020

There’s a silver lining for at least one retailer amid the coronavirus pandemic. A new survey found that Walmart Inc., the nation’s largest retail store chain, saw its year-over-year online grocery sales explode last month to reach nearly $900 million, nearly twice the amount seen in March of 2019. million associates worldwide.

New Jersey 217

New Jersey Retail Meeting Online 217

PYMNTS

JULY 24, 2020

But it was a victim of the North Star State’s mid-March shutdown of non-essential retail and continues to struggle even after reopening on June 10. It has yet to reopen even though New Jersey state officials have cleared it to reopen. Located in Bloomington, Minn., The recent missed payments were reported by the Minneapolis/St.

America 251

America New Jersey Minneapolis Minnesota 251

PYMNTS

AUGUST 28, 2017

While it’s impossible to predict the effects the hurricane will have on retail, a review of the damage from previous storms can shed some light on how hurricanes have historically affected retail businesses. When Hurricane Matthew hit the east coast last year, retail sales at clothing stores fell by 6.8 Of that, $32.1

Retail 103

Retail Texas Louisiana New Jersey 103

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

DECEMBER 7, 2019

Santa: The Original Experiential Retail Strategy. Santa showing up in retail marketing, as far as historians can tell, dates back to the 1840s when some stores went as far as putting up life-sized models of jolly old St. And while much has changed in retail, Santa’s popularity has not. Especially if you live in New Jersey.

Retail 136

Retail New Jersey New York City Course 136

PYMNTS

MARCH 22, 2016

Palm Sunday: a holy day for Christians to commemorate Jesus’ triumphant entry into Jerusalem … or … a chance to watch an Easter Bunny exchange haymakers with people at a shopping mall. Perhaps it’s both. “We looked down, and a woman was attacking the man in the bunny suit, and then the rest is in the video.”

New Jersey 100

New Jersey Retail Video Washington 100

PYMNTS

DECEMBER 27, 2019

With blackjack and roulette on mobile phones, the growing market for online sports wagering in New Jersey has introduced gamblers to virtual casino games. Mobile betting, however, is only allowed in five: New Jersey, West Virginia, Iowa, Pennsylvania and Nevada per earlier reports.

NJ 131

NJ New Jersey Las Vegas Online 131

PYMNTS

MARCH 22, 2016

While this early part of 2016 has been some tough sledding for Nordstrom on the sales and revenue front, The Street in many corners continues to look favorably on the high-end retailer. Some 62 percent of Nordstrom’s 120-plus stores are in elite malls like Roosevelt Field in Long Island, Short Hills in New Jersey or The Galleria in Houston.

Retail 100

Retail Online New Jersey Houston 100

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. Also, Walmart was not hit with the store shutdowns that impacted other retailers.

Arkansas 191

Arkansas New Jersey Retail Online 191

PYMNTS

AUGUST 23, 2019

Online furniture retailers are stepping further into the world of physical retail with permanent brick-and-mortar stores. The new location comes with a digital innovation, the Wayfair Home Bar, which helps customers visualize how Wayfair’s products fit into a room. “For In Other Brick-and-Mortar News.

Retail 109

Retail Boston Kentucky New Jersey 109

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.

Branding 123

Branding Retail New York New York City 123

CB Insights

AUGUST 24, 2021

New Jersey-based DriveWealth offers cloud-based, API-driven brokerage infrastructure to support various investment types. It reportedly witnessed a 15% increase in new clients and a 20% increase in AUM in Q2’21. DriveWealth , a brokerage infrastructure company, raised $450M in a Series D. Want the full post?

Groups 67

Groups Strategy New Jersey Retail 67

PYMNTS

DECEMBER 12, 2018

For shoppers who rely on smartphones, the “face” of the modern retailer is becoming its mobile website and app. Retailers from Kroger to Starbucks , as well as Shell , Dollar General and Macy’s , are rolling out their own mobile apps with smartphone-based payment options to meet the needs of the connected consumer.

Retail 130

Retail Mobile New Jersey Study 130

PYMNTS

JANUARY 4, 2019

Digitally native retailers are opening stores to bring their virtual experiences into the real world, and Zola is one of the latest merchants to test out the brick-and-mortar waters. The wedding retailer opened a store in New York City’s Flatiron District that is billed as a “one-stop-shop for wedding planning.”.

NJ 129

NJ Retail New York City New York 129

PYMNTS

OCTOBER 11, 2019

Brick-and-mortar retailers are creating next-generation stores that incorporate interactive features into their designs with the help of technology. These analytics will be leveraged to improve the customer experience across all channels,” according to the retailer. In Other Brick-and-Mortar News. Dollar General Corp.

Retail 101

Retail New Jersey Groups Innovation 101

PYMNTS

JUNE 15, 2018

It’s been a week of experimentation in retail, with many big names opening new types of stores to — as the saying goes — see what sticks. It seems more likely that these brands will uncover their key rather than some universal master retail key that can solve the brick-and-mortar challenge across the board.

Retail 100

Retail Ohio Columbus San Antonio 100

PYMNTS

OCTOBER 8, 2020

26 were in Maryland (3,619), Illinois (3,414) where layoffs in retail and healthcare fueled the number of applications, New Jersey (2,504), Michigan (2,358) and Massachusetts (1,886), while the largest decreases were in Texas (7,075), Florida (6,655), Georgia (5,895), New York (5,112) and Oregon (2,317).

US 286

US New Jersey Oregon Maryland 286

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

DECEMBER 18, 2020

The program is available in Connecticut, Delaware, Georgia, Maryland, New Jersey, New York, Ohio, Pennsylvania, Virginia and Washington, D.C. . Instacart has partnered with more than 500 national and local retailers in several sectors, including grocery items, beauty products, wellness merchandise and electronics.

Delaware 144

Delaware New Jersey Connecticut Maryland 144

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

SEPTEMBER 4, 2020

The wait is over for shoppers who have missed the $5 billion American Dream Mall in East Rutherford, New Jersey. Last week, New Jersey Gov. Since then, many retailers that might have planned to join the mall have gone bankrupt. . On Thursday (Sept. 1, NorthJersey.com reported. “We

New Jersey 141

New Jersey Minnesota Guidelines Groups 141