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Under Armour Wants To ‘Reinvent’ Baltimore, But Not Everyone’s Feeling It

PYMNTS

And Baltimore, like many mid-sized American cities, is pretty much broke right now. And Baltimore already has a bunch of sports teams. Plank’s request, which the Baltimore City Council could vote on as early as August, would be the third-largest TIF deal for a private company in U.S. history, according to Slate.

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Sneaker Sales Propel 3Q Surge In Under Armour Earnings

PYMNTS

The Baltimore-based chain also announced the sale of its MyFitnessPal workout platform to private-equity firm Francisco Partners. Patrik Frisk, president and CEO of Under Armour, told The Baltimore Sun that the company is focused on returning to profitability and is planning to invest in eCommerce and company-owned retail outlets. .

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Can 5G Power Retail Drone Deliveries?

PYMNTS

UPS , too, is going down the drone path – one that Amazon pioneered for retail delivery uses – and is seeking a certification to operate commercial drone flights. We can expect more such retail trends to match up and combine forces for new innovation in the coming decade. The company applied to the U.S.

Retail 169
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From POS To The Starship Enterprise: Baltimore Stadiums Engaging The IoT Warp Speed Drive

PYMNTS

Provenzano, who oversees operations at M and T Bank Stadium, the home of the National Football League’s Baltimore Ravens, and Oriole Park at Camden Yards, the home of Major League Baseball’s Baltimore Orioles, remembers the first time he saw the IoT make an impact for professional sports and stadiums.

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Blispay Doubles Merchant Network, Plans New Finance Terms

Bank Innovation

Applying for financing or credit cards at the POS at retail giants such as Best Buy is a no-brainer. The Baltimore-based Read More. Small and medium-sized merchants, however, don’t usually have that option. Blispay – launched in March last year – is set to tackle that issue, with a solution aimed at SMEs.

Baltimore 150
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Beverage Makers Get Into Experiential Retail Spirits

PYMNTS

Beverage brands are getting in the experiential retail spirit by crafting new spaces dedicated to encouraging libation aficionados to try out their products. Another Diageo brand, Guinness , brought a $90 million brewery to Maryland that welcomes visitors with experiential retail components.

Retail 122
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DoorDash Unveils Latest Growth Strategy: Digital Convenience Stores

PYMNTS

DoorDash said it plans to add more cities in the coming months, including Baltimore, Denver, Sacramento and Concord, California. The delivery service also recently launched a Main Street initiative aimed at bolstering its restaurant and retail partners amid the challenges of the pandemic.

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