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More Retailers Are Checking Into Hotels In Search Of Innovation

PYMNTS

Part of the future of retail is playing out inside hotels — and that’s happening as the wider part of the travel-and-tourism industry is undergoing its own significant disruption. One of the latest — and perhaps wildest — examples of the hotel-retail trend comes from Taco Bell, of all places. Unattended Retail. Deeper Trend.

Retail 116
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Simon?Drops $3.6B Mall Deal, Sues Taubman Centers

PYMNTS

In a complaint filed with the Oakland County Circuit Court in Pontiac, Michigan, Indiana-based Simon Property Group said it is suing Taubman Centers for violating terms of the deal. By midday, Taubman’s stock was down by nearly 22 percent at $35.42 after closing at $45.25 on Tuesday (June 9), according to Yahoo Finance. “The

Michigan 131
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Coronavirus Puts B2B Payment Timing In A Tailspin

PYMNTS

"The impact of slower payments will move through the supply chain, with [SMB] suppliers waiting longer to receive payments, adding further cash flow pressure and constraining their ability to cover operational costs," warned Earlypay CEO Daniel Riley. The vendor has filed a lawsuit, accusing the retailer of failing to pay the $1.8

Payments 175
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B&M’s Inventory Issues Aren’t Going Away Online

PYMNTS

Mishandling inventory has usually been brick-and-mortar retail’s forte. But just when it looked like new retailers hip to the omnicommerce game had escaped the pitfalls that plagued their less-mobile counterparts, it’s starting to look like inventory might be the common anchor that, at one time or another, holds everyone back.

Online 100
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California Dreamin’ (Of A Higher Minimum Wage)

PYMNTS

With California’s recent move marking the boldest effort to date to address the wage gap affecting hourly workers, it — and the inherent pressure it puts on other states to make similar strides of their own, regardless of movement (or lack thereof) at the federal level — puts the retail industry in particular in the national spotlight.

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British Grocers Get A Boost From Brexit

PYMNTS

Retail in general is suffering as consumers pinch pennies. Aldi ousted the Co-operative Group from its position as the country’s fifth-biggest supermarket in January, but the Co-Op still saw sales growth of 2.2 Gazzali’s Supermarket of East Oakland is one of them. The fallout of Brexit has been pretty sobering for Britain.

Taxes 100
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Changes Loom Around The (Crowded) World Of Food Delivery

PYMNTS

The startup, located in Oakland, California, aims to facilitate food deliveries for nearby restaurants that receive high volumes of orders from delivery companies like Uber Eats. When it comes to true delivery — not dine-in — the rise of the connected home and voice-assisted retail is encouraging further growth as well.

Oakland 144