PYMNTS

NOVEMBER 2, 2018

Digitally native brands often test the retail waters with pop-up shops, and, after some offline success, they may expand their concepts with permanent locations. Since then, the company has tried its hand at pop-up locations in areas like Aspen, Sag Harbor, New York, Dallas and London.

New York 116

New York Los Angeles Retail New York City 116

PYMNTS

MARCH 27, 2020

While the advancement of open banking regulations may be seeing a small skip due to the spread of the coronavirus , many countries saw business and typical banking operations halted right after deciding upon new online privacy rules. RILA Explains How New Data Privacy Rules Are Impacting U.S. Security .

Data 199

Data Retail US California 199

PYMNTS

SEPTEMBER 14, 2020

As it plans to bring 100 new operations facilities online in September, Amazon announced on Monday (Sept. 14) that it is hiring for 100,000 new regular positions across the U.S. It has also directly developed over 600,000 employment positions domestically throughout operations locations and company offices. “We

Operations 141

Operations San Diego Detroit Phoenix 141

PYMNTS

NOVEMBER 19, 2020

Dutch retailer Ahold Delhaize — owner of grocery behemoths Giant and Stop & Shop — has acquired a majority stake in supermarket delivery startup FreshDirect amid an online shopping surge propelled by COVID-19. “We He added that the deal is “an important milestone in the continued growth of FreshDirect.”. Morgan Asset Management.

Retail 153

Retail New York City New York Operations 153

PYMNTS

AUGUST 7, 2019

Automotive sales are increasing going digital — and more consumers are buying more used products of all types online. Carro, which operates in Singapore, Thailand and Indonesia, said more than $500 million worth of vehicles were sold last year on its platform, up from $250 million in 2017 and $120 million the year before.”.

Online 112

Online Retail Trends New York 112

PYMNTS

JULY 19, 2019

Iconic brick-and-mortar retailers are sometimes reinvented, and return to the world of retail with smaller-format concepts. Tru Kids has entered into a joint venture with the software-powered experiential retailer b8ta to offer a new store experience with curated toys in “highly immersive, smaller-format spaces.”.

Retail 150

Retail US New York United States 150

PYMNTS

SEPTEMBER 11, 2019

Virtual reality could have more retailers reach more consumers in the coming few years — in large part by upping the consumer experience. Location-based virtual reality (VR) startup The Void is partnering with mall operator Unibail-Rodamco-Westfield (URW) to open 25 new entertainment outposts in the U.S. and Europe by 2022.

Retail 192

Retail San Diego San Francisco Branding 192

Bank Innovation

APRIL 7, 2016

The New York Times covered the subject — and the word — in depth yesterday, in a special section called “Fintech’s Power Grab.” Ok, it’s safe to say fintech has hit the big time. ” The lead item, by Andrew Ross Sorkin of CNBC fame, focuses on the fintech challenge to Read More.

New York 150

New York Fintech social media Operations 150

PYMNTS

MAY 4, 2016

Retail’s latest piece of roadkill today is Fairway Supermarkets, an institution for our readers living in New York City, and probably something the rest of our readers have never heard of. operator of the Fairway Market supermarket chain, has filed for Chapter 11 bankruptcy protection. “We

New York 100

New York New York City Operations Retail 100

PYMNTS

JANUARY 27, 2020

As they aim to fill eCommerce orders faster, supermarket retailers are piloting micro-fulfillment systems that can be positioned in the back of brick-and-mortar locations or in urban areas. Online orders still comprise a small portion of the U.S. online shopping vertical per eMarketer. grocery market at approximately 3.5

Online 141

Online Regional New York Retail 141

PYMNTS

JULY 20, 2018

The situation seemed to recently come to a head, as the company told employees that it was shuttering its operations. Despite the struggles of Chef’d, the announcement came at a surprising time: The meal kit startup said in June that it had inked a deal to sell the kits in Walgreens and Duane Reade stores in the New York area.

Operations 100

Operations Retail Branding New York 100

PYMNTS

JUNE 6, 2019

And that seems likely to create new opportunities for certain types of online merchants. News this week (June 5) from France supports those points. Amazon apparently played a part, indirectly at least, in turning public opinion against such retail waste. Amazon’s Role. Liquidation Trends. Investors have taken notice.

Retail 146

Retail New York Online Trends 146

Bank Innovation

SEPTEMBER 7, 2016

Artificial intelligence is set to challenge traditional technologies in financial services, if the startups that demoed at BBVA Open Talent in New York today are any indication. The BBVA Open Talent Challenge is part of Next Money NYC. Today’s event is one of three regional finals, from which a few Read More.

New York 150

New York Regional Technology Operations 150

PYMNTS

SEPTEMBER 24, 2019

consumers are expected to be shopping online by 2021. The ruling meant that online retailers could be mandated to collect sales tax — and taxes can be levied by states on firms that do not have physical presence in those states. More than 230 million U.S. In that case, there are a number of reporting and filing requirements.

Taxes 116

Taxes Retail Online South Dakota 116

PYMNTS

MARCH 22, 2020

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

Retail New York City Vermont New York 132

PYMNTS

MARCH 11, 2019

Retailers are becoming more interested in omnichannel offerings: The PYMNTS mPOS Tracker found that 67 percent of those surveyed listed it as a priority for this year. At the same time, new technologies are coming on the market to serve these merchants. Nearly half – or 45 percent – of retailers see mPOS solutions as top priorities.

Retail 213

Retail Technology Atlanta San Francisco 213

PYMNTS

APRIL 25, 2019

Might Macy’s be a better landlord than retailer? That thought seems to be floating around in recent days, as investors took kindly to the chain’s apparent plan to build what CNBC called “an office tower on top its flagship New York store.”. million square feet of retail space. Department stores across the U.S. Mall Plans.

Retail 122

Retail Los Angeles New York City New York 122

PYMNTS

DECEMBER 11, 2018

Retailers are doubling down on toys amid a gap in the market left by the bankruptcy of Toys R Us. toy retailer Hamleys , for instance, is eyeing a potential New York City location for a flagship store. The atmosphere comes as brick-and-mortar retailers have to differentiate themselves from their eCommerce counterparts.

Retail 166

Retail US New York City Los Angeles 166

PYMNTS

MAY 5, 2020

As retailers contend with the continuing COVID-19 crisis and the inevitable resettling of the business, one of the most popular pieces of advice has been to reformat existing stores. The brands then help to promote the event, which helps to boost their sales while benefiting the entire pop-up operation.

Retail 150

Retail New York City New York social media 150

PYMNTS

AUGUST 22, 2018

The online marketplace has disrupted any number of verticals, changing the way we shop and spend, and where we grab must-have items — from books to rugs to lamps, and sometimes from across international borders. We operate the only truly global luxury digital marketplace at scale, seamlessly connecting brands, retailers and consumers.

Online 101

Online Retail Branding Data 101

PYMNTS

AUGUST 24, 2020

Retailers are not just looking to donate a percentage of profits to a charity or cause, either, but are also seeing it as a way to foster customer engagement. This has helped grow the business and connect with other businesses,” said Jeremy Smith , who runs charitable outreach at Casely and operates as its head of product. .

Online 142

Online Rhode Island New York Retail 142

PYMNTS

DECEMBER 14, 2020

In today’s top retail news, Bed Bath & Beyond Inc. Plus, there are two weeks up to Christmas, and the retail industry finds itself in uncharted territory. It is expected that the business will keep operating as a stand-alone brand. Bed Bath & Beyond Strikes Deal To Sell Cost Plus World Market.

Branding 131

Branding Groups Retail New York 131

PYMNTS

JANUARY 22, 2018

With Uber, for example, cars must have four doors and be newer than 15 years old to operate on their platform. Lyft has similar requirements, too, although cars must be no older than 12 years on its platform, unless a driver operates in certain coverage areas. Many, but not all, cars meet Uber and Lyft’s standards.

Wisconsin 132

Wisconsin New York Los Angeles New York City 132

PYMNTS

MARCH 17, 2020

It was supposed to be a thriving retail center in Milwaukee when it was built seven years ago. In fact, last week, it was announced that the building would be the new home of the Milwaukee School of Engineering’s K-12 STEM program. Backers of the tax position it as a solution to the increasing amount of empty retail space in the city.

Retail 135

Retail Arlington San Francisco Milwaukee 135

PYMNTS

DECEMBER 26, 2019

This year, apps aimed to make it easier and more convenient for consumers to order their favorite foods and sundries, with restaurants and other retailers tapping into delivery. To help bring these options to more consumers, retailers and technology companies decided to join forces. and Chicago.

Retail 134

Retail New York City Los Angeles New York 134

PYMNTS

SEPTEMBER 24, 2020

Retail sales have seen very modest year-over-year gains since June, but many brick-and-mortar operations continue to suffer amid the pandemic. PJ SOLOMON , the New York global investment financial services company, and the National Retail Federation (NRF), the world’s largest retail trade association, announced on Thursday (Sept.

Retail 111

Retail Survey New York California 111

PYMNTS

JUNE 11, 2019

comes after the online retailer opened one of the concept locations in New York City in a mall, CNBC reported. The retailer has been experimenting with the offering through an arrangement with Starbucks in Seattle.) Operating hours are between 6 a.m. The store is said to also take cash for payment.

New York City 156

New York City New York Seattle San Francisco 156

PYMNTS

MAY 11, 2017

As of yesterday, New Yorkers had a new way to shop for groceries appear on their collective radar — Jet.com opened a temporary grocery store in partnership with Rachel Shechtman’s Story, a 2000 square foot retail concept store. What’s fresher than fresh?” Story wrote in a release announcing the partnership with Jet.

New York 101

New York Seattle Online Maine 101

Bank Innovation

DECEMBER 13, 2018

As a part of its retail transformation strategy, HSBC Bank USA spent over $130 million on innovation projects in one year on its U.S. operations. These projects range from less visible, but equally important, system upgrades on the back-end and more visible ones like installing Softbank’s robot Pepper in its New York flagship.

Innovation Strategies 199

Innovation Strategies Strategy Innovation New York 199

PYMNTS

JUNE 9, 2020

Neiman Marcus reportedly may vacate its fashionable year-old digs at the Shops at Hudson Yards in New York City, as its landlord is shopping it to potential tenants as office space. The COVID-19 recession is causing a major shakeout in retail, with Neiman Marcus being one of the big ones to enter bankruptcy court.

New York City 130

New York City New York Study Retail 130

PYMNTS

FEBRUARY 18, 2019

To serve travelers from China who want to shop in-store and online, retailers thousands of miles away from Asia are accepting Alipay in brick-and-mortar stores and on the web. Wang noted that the retailer is also “constantly evolving to provide more Chinese consumers a seamless and familiar way to pay.”.

Online 140

Online Las Vegas America San Francisco 140

PYMNTS

APRIL 4, 2018

Just because a retailer was created for the internet doesn’t mean it has to stay on the internet. Digitally-native retailers, such as thredUP , are turning to brick-and-mortar stores to reach consumers, too. thredUP, though, works a little differently from traditional retailers. by the end of 2018, CNBC reported.

Retail 103

Retail New York City San Francisco New York 103

PYMNTS

MARCH 19, 2020

David Simon, chairman, chief executive officer and president of Simon, said in the announcement , “The health and safety of our shoppers, retailers and employees is of paramount importance and we are taking this step to help reduce the spread of COVID-19 in our communities.” Simon Property Group is temporarily shuttering its U.S.

Retail 130

Retail Operations Groups National 130

PYMNTS

OCTOBER 7, 2016

“As new companies grow, they start to look more like the incumbents,” Blumenthal said on Wednesday (Oct. 5) evening in a Wall Street Journal interview at an event in New York hosted by consulting firm A.T. Many digital brands have been making moves into expanding into the brick-and-mortar space to boost online sales.

Retail 151

Retail New York Branding Online 151

PYMNTS

JUNE 14, 2019

Online brands are expanding their brick-and-mortar footprints: Online handbag marketplace Rebag , for instance, is opening a new store in Miami’s Design District with more stores said to come. We are thrilled to expand Rebag’s retail footprint to the Miami community. Operating hours span from 6 a.m.

Miami 100

Miami Retail New York City New York 100

PYMNTS

JUNE 6, 2019

Look to China, and look some more — that’s one of the main messages in mid-2019 for luxury retailers, at least for ones not based in the U.S. Luxury retail is a hot space in China. Online Push. The latest evidence of that comes from Louis Vuitton. JD is also one of Farfetch’s largest shareholders. Back in the U.S.,

Retail 122

Retail New York City Branding New York 122

PYMNTS

AUGUST 10, 2018

Traditional retail locations, ranging from fashion and home furnishings to hardware and department stores, have been forced to make significant changes in the face of heightened competition from eCommerce giants like Amazon and omnichannel powerhouses, like Walmart and its online unit, Jet.com.

Digital Strategies 104

Digital Strategies Retail Strategy Los Angeles 104