article thumbnail

Retailers Woo Homebound Consumers With Big Deals

PYMNTS

As the fast-spreading coronavirus changes daily life and affects every industry sector, businesses are finding new ways to stay afloat and keep customers fed and entertained. The industry group asked governors to consider using emergency powers to green-light online casinos.

Retail 132
article thumbnail

National Restaurant Association Framework Aims To Close Gap Between Restaurants And Aggregators

PYMNTS

Amid the commission caps, and amid the pandemic’s tailwind that has spurred a great digital shift toward food delivery through online channels – might eateries and aggregators be partnering to navigate a post-COVID future? That roster includes Washington State, New Jersey, Chicago and New York City. percent and 37.6

National 160
Insiders

Sign Up for our Newsletter

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

article thumbnail

What’s Next For Real Estate In Amazon’s HQ2 Cities?

PYMNTS

The Seattle-based eCommerce operator and cloud computing provider decided to build in both Crystal City, an urban area in North Virginia near Washington, D.C., and in Long Island City, a neighborhood in Queens, New York City. In New York City, Amazon’s $1.2 In the week ending on Nov.

article thumbnail

What Happens If COVID Prompts Consumers And Businesses To Flee Cities?

PYMNTS

Bloomberg also reported that page views for Zillow’s suburban listings outside of formerly hot urban areas like New York City and San Jose, Calif., There’s [also] a lot of demand for rental homes that we’re seeing because people are fleeing especially hot spots like New York.”. rose as much as 10.5 million U.S.

article thumbnail

Local Governments Move In On Retail Vacancies

PYMNTS

has hiked the normal commercial property tax rate on vacant property from between $1.65 On March 3, San Francisco voters approved Proposition D , a property tax aimed at filling vacancies. Backers of the tax position it as a solution to the increasing amount of empty retail space in the city. and San Francisco.

Retail 135
article thumbnail

New Yorkers To Amazon: We Support Your New HQ

PYMNTS

They do have some trepidations, however, as polled residents were split over the finer points of the multibillion-dollar incentive package that was offered to lure the online retail giant to the area. The poll surveyed 1,075 New York City registered voters, with a margin of error of plus or minus 3.8 percentage points.

Arlington 100
article thumbnail

CRE risk management: Navigating hazards and opportunities

Abrigo

“The point is this: There’s a lot of these surveys, and when you read them, they are New York City, San Francisco, Chicago. Retail and multi-family CRE opportunities Similarly, retail CRE has been painted as too risky because of online sellers’ growth. They’re not your hometown. The impact is not consistent.”