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Local Governments Move In On Retail Vacancies

PYMNTS

It was supposed to be a thriving retail center in Milwaukee when it was built seven years ago. It’s one approach to a growing retail vacancy issue that local governments are getting more aggressive in trying to solve. Backers of the tax position it as a solution to the increasing amount of empty retail space in the city.

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Can Booze Help Build Better Retail Experiences?

PYMNTS

Some retailers might be taking that to heart in this new year as part of the larger and ongoing effort to breathe new life into brick-and-mortar retail — a struggle that has been around almost as long as “The Simpsons” has, in fact. And other retailers are turning to alcohol to increase the appeal of their physical offerings.

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Are Online Merchants The Mall’s Unlikely Salvation?

PYMNTS

One might imagine that mall operators nationwide take a rather jaundiced view of the internet, since online shopping has more or less killed the mall. But perhaps that is the old conventional wisdom — the emerging idea is that online retailers are giving back some of what they’ve taken away these days. “We

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Retail Pulse: The Price Must Be Right

PYMNTS

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.

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Hurricane Florence’s Retail Punch

PYMNTS

We do not engage in surge pricing, and product prices do not fluctuate by region or delivery location,” an Amazon spokesperson noted. “We Industrial production also took a big hit last September before surging in October, largely driven by Houston’s petro-chemical industry surging back online. According to Planalytics, roughly $2.75

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Instacart Expands Alcohol Delivery Across The U.S.

PYMNTS

Instacart, the online grocery company, announced Tuesday (March 12) it has expanded alcohol delivery for customers across the U.S. can now have alcohol delivered in as soon as an hour from national, regional and local grocers as well as wine and liquor stores. and is available from one-third of its 300-plus retail partners.

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Mall Chain Owner Considering Selling Off Its Malls

PYMNTS

The Cleveland-based firm says that it is “reviewing strategic alternatives for its retail portfolio.” According to Chain Store Age , this could mean shifting or significantly reducing its investment in the mall and retail center industry to instead focus on apartments and office buildings.

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