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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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Canada’s TFI To Acquire UPS Freight In $800 Million Deal

PYMNTS

Canadia's TFI International (TFI) is acquiring Richmond, Virginia-headquartered UPS Freight for $800 million in a deal anticipated to close in the first quarter of 2021. for 85 years, it has offered a full range of regional and long-haul solutions, along with an on-time delivery guarantee for LTL shipments.

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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 billion in consumer and retail sales (including restaurants) were lost to Irma, while Hurricane Harvey cost businesses around $1 billion. According to Planalytics, roughly $2.75

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Amazon’s Biggest Campus In The World Opens In India

PYMNTS

The company’s next headquarters is being built in Arlington, Virginia. Because of the competition in the region, Amazon has reportedly been considering partnering up with physical stores. Amazon, for its part, started working in India in 2004, but retail endeavors began in earnest in 2013. The newest campus is on 9.5

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Site Visits Fuel Anticipation For Amazon’s HQ2

PYMNTS

According to a person with a understanding of the visits, the eCommerce retailer visited Chicago, New York City and Chicago, The Wall Street Journal reported. That could enable the retailer to keep its choice unknown ahead of an announced decision.