PYMNTS

MAY 10, 2019

households, retailers that enable digital payments while dropping cash are less than convenient. Unattended retail operators are taking a fresh look at keeping cash acceptance on the menu to appease lawmakers who recently issued legislation intended to ensure the inclusion of unbanked residents. A round the Unattended Retail World.

Retail 161

Retail Chicago Pennsylvania Trends 161

PYMNTS

FEBRUARY 11, 2020

While “reselling” or “secondary market” are more likely to keep ownership of this burgeoning market, the reselling market is reinventing itself for 2020. Nordstrom joins other department stores in the resell market. More data on the market comes from sneaker and streetwear reseller StockX. We like the handle.

New York City 124

New York City Marketing New York Los Angeles 124

PYMNTS

SEPTEMBER 21, 2018

To break into the brick-and-mortar world, some digitally native retailers have opened shops inside department stores. At the same time, that business now accounts for half of the retailer’s revenue. In San Francisco, the company’s third-largest market, 83 percent of transactions by subscribers are “self-service.”.

San Francisco 123

San Francisco Retail Chicago San Diego 123

PYMNTS

OCTOBER 20, 2020

Physical grocery stores are opening despite COVID-19, with Amazon , Whole Foods and ALDI making plans to cut the ribbon on new brick-and-mortar sites in Chicago and other cities. Amazon Fresh, a new physical retail concept from Amazon, is setting up shop in four locations in the Chicago market, the Chicago Tribune reported.

Los Angeles 141

Los Angeles Phoenix Chicago Long Beach 141

PYMNTS

JUNE 27, 2019

Vichot pointed out that the market is ready for quick, healthy food. At the same time, according to the latest PYMNTS Automated Retail Tracker , the estimated number of vending machines in the U.S. The Automated Retail Market . is about 4.5

Retail 108

Retail New York City New York Chicago 108

PYMNTS

DECEMBER 4, 2019

“Assuming LULU can sustain an NKE-like free cash flow multiple, we see a path to a $40 billion market cap. Lululemon’s market cap is currently $29 billion, while Nike’s is $146 billion. In July, Lululemon revealed that it was opening a massive store in Chicago.

Marketing 131

Marketing Chicago Trends Capital 131

PYMNTS

FEBRUARY 7, 2020

Brick-and-mortar retailers are testing convenience store designs that let consumers skip the checkout line and pay for their purchases with their mobile phones. 7-Eleven President and CEO Joe DePinto said in an announcement , “Retail technology is evolving at a rapid pace, and customer expectations are driving the evolution.

Retail 143

Retail Dallas Massachusetts Technology 143

PYMNTS

OCTOBER 23, 2018

To help shoppers check out without waiting in line, grocery retailers are rolling out entire stores centered around cashierless shopping experiences, enabling consumers to purchase fresh food and grocery items with a mobile payments app. The projected value of the global self-service market by 2023 is $13 billion.

Retail 161

Retail Seattle San Francisco Metro 161

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

NOVEMBER 7, 2019

Two decades ago American Girl was one of the players that introduced the world to a whole new concept — experiential retail — the idea that a store isn’t just a place to hold goods, but to showcase an entire brand lifestyle. These days, the rest of the market has caught up to the idea, and the brand is slipping behind.

Retail 101

Retail Chicago Los Angeles New York 101

PYMNTS

DECEMBER 12, 2018

Since then, the eCommerce retailer has brought the store to other locations in the city and Chicago as well as one location on the way in Lower Manhattan. That’s the concept behind companies like DeepMagic , which provide a platform for retailers to offer their customers grab-and-go transactions through kiosks. The Market.

Retail 116

Retail Mobile Seattle Chicago 116

PYMNTS

OCTOBER 21, 2016

Retailers that are unable to call on substantial financial reserves are struggling in the current environment. Mobile shopping is growing and a key focus of retailers going into the holiday season. Mobile shopping is growing and a key focus of retailers going into the holiday season. to less than $0.29. Sears Holdings Corp.

Retail 100

Retail Marketing Branding Austin 100

PYMNTS

OCTOBER 23, 2020

The Nike retailing model has shown itself again as The Gap announced Thursday that it will close underperforming stores, focus on the digital-first economy and exit its mall locations. As Macy’s CFO Felicia Williams told a retail conference in September: “Our intention is to change the composition of our store base.

Strategy 150

Strategy Chicago Taxes Retail 150

PYMNTS

APRIL 10, 2017

Changing eCommerce and technological shifts in the retail space are now impacting payrolls. ECommerce and technology have absolutely changed the rules of the game and given massive amounts of power to the consumer,” Simeon Siegel, retail analyst for Nomura, told the NYT. According to a new report from the U.S.

Retail 100

Retail Chicago New York Technology 100

PYMNTS

SEPTEMBER 14, 2018

Cashierless stores aren’t just for mega retailers like Amazon to sell prepared food from their kitchens or products from other producers: Beverage brands, among other companies, are getting into the action and choosing this checkout experience for stores that showcase their own products IRL (“in real life”) as a marketing tool.

Branding 139

Branding Marketing San Francisco Seattle 139

PYMNTS

JULY 5, 2020

billion for Whole Foods , the online retail giant is planning to open its second automated-checkout grocery store in Seattle’s Eastside neighborhood and is hiring managers for a third store in the city’s Capitol Hill district, The Seattle Times reported. Three years after it paid $13.4 And it’s not stopping there. the Times reported.

Seattle 220

Seattle San Francisco US Chicago 220

PYMNTS

SEPTEMBER 20, 2018

It’s a good time in America to have a retail space ready to rent out — eCommerce merchants are on the hunt and signing large contracts. By category, the biggest lease signers were manufacturers, with 14 percent of the market, followed closely by beverage providers (11 percent), retailers (7 percent) and tech firms (4 percent).

Retail 122

Retail Fort Worth Metro North Carolina 122

PYMNTS

JANUARY 8, 2020

Case in point, Stockwell: a self-service retail venture that got off on a very wrong foot with customers by, among other things, choosing the wrong name. Most brands hope to make a big splash when they enter the market – but not for this type of reason. When Stockwell launched in September of 2017, it went by a different name: Bodega.

Retail 130

Retail Los Angeles Branding San Francisco 130

PYMNTS

APRIL 12, 2016

It’s what’s turned the retail word upside down as consumers with their mobile devices have decided they’d rather buy from their couch with their mobile phone than schlep to the mall. In other words, kick the door wide open to remote retail. Meeting the consumer where they are. That’s the mantra of innovators everywhere.

Retail 100

Retail Technology Chicago Samsung 100

PYMNTS

FEBRUARY 6, 2019

Some startups are born after an entrepreneur spots a missing niche in the market: ReturnRunners , for instance, was started after its founder saw a need for a service that could help her return unneeded purchases in an age when she could outsource her groceries, dinner or dry cleaning. The Retailer Side of the Equation.

Retail 116

Retail Chicago Online Company 116

PYMNTS

SEPTEMBER 28, 2016

The retail industry is facing a virtual change: virtual reality. InContext Solutions announced it’s collaborating with Intel to develop new virtual reality (VR) hardware and software for the retail industry. But in the meantime, the retail industry is the next to be infiltrated by VR.

Retail 100

Retail Chicago Software Industry 100

PYMNTS

AUGUST 27, 2018

It’s a good time to be a retail chain. Retail Ascent. Retail is on the ascent. In July, retail sales increased 0.5 Economists had only forecasted retail sales going up 0.1 percent, online and mail-order retail sales increased 0.8 Retailer Woes. Not every retailer is experiencing good times, of course.

Retail 100

Retail Los Angeles Milwaukee Chicago 100

PYMNTS

FEBRUARY 6, 2018

Fanatics , a company that sells Team USA merchandise, has taken a novel approach to Olympic retail this year with a physical store in a major U.S. The store marks a milestone for Team USA: It’s their first in-person retail store outside the Olympic Training Center in Colorado. Retail Gold.

Retail 118

Retail Strategy New York City Los Angeles 118

PYMNTS

DECEMBER 2, 2020

In pursuit of our purpose of creating the future of retail, we have built the foundation of a cross-brand ecosystem to create a simple shopping experience for consumers and to aggregate the scale of our network for our partners’ benefit,” Yagan said in the news release. “The ShopRunner CEO Sam Yagan offered a similar take on the deal. “In

Chicago 285

Chicago Branding Marketing Retail 285

PYMNTS

NOVEMBER 4, 2020

The automotive market is surging amid COVID-19, and companies such as Carvana are reaping the benefits. Carvana has been an innovator in the space, with its high-profile vending machines in multiple major markets. Data: 293%: Increase in the Chicago Tribune’s digital subscriptions in March. All this, Today in Data.

Chicago 214

Chicago Data Innovation Marketing 214

PYMNTS

JULY 23, 2020

But Walmart is looking to open more, CNBC reported, as it attempts to get into the health market. The retail giant is also looking at opening clinics in the Jacksonville area of Florida, and it will open two clinics in Chicago, which would bring the total number of Walmart clinics to 13.

Atlanta 170

Atlanta Georgia Jacksonville Florida 170

PYMNTS

SEPTEMBER 20, 2019

Retailers are testing drone delivery to grow their omnichannel offerings and provide “store to door” on-demand service to their customers. Christiansburg was chosen as the test market because Wing has been working with Virginia Tech in nearby Blacksburg to pilot the drone deliveries. Walgreens Boots Alliance, Inc.

Retail 112

Retail Las Vegas San Diego Virginia 112

PYMNTS

MAY 2, 2019

” According to Fortune , the company will test the service in 18 markets: Austin, Texas; Charlotte, North Carolina; Chicago, Illinois; Dallas-Ft. .” ” According to Fortune , the company will test the service in 18 markets: Austin, Texas; Charlotte, North Carolina; Chicago, Illinois; Dallas-Ft.

St. Louis 129

St. Louis San Antonio San Diego Los Angeles 129

PYMNTS

AUGUST 5, 2020

Slovenski serves as senior vice president and president of health and wellness for the retail giant. Slovenski joined Walmart in 2018 and worked to expand the company’s healthcare market, including opening clinics. The idea was to compete more with Amazon and branch out in terms of revenue sources.

Atlanta 225

Atlanta Florida Chicago Retail 225

PYMNTS

DECEMBER 7, 2018

Big retailers are opening smaller-format stores in major U.S. Already, the retailer has opened a Planning Studio across the pond in London in October. In the announcement, IKEA Retail U.S. As it stands, Amazon Go stores in Seattle, Chicago and San Francisco use the cashierless technology.

Retail 122

Retail San Francisco Arizona Los Angeles 122

PYMNTS

OCTOBER 18, 2019

Brick-and-mortar retailers are joining forces with online reCommerce companies to bring pre-owned merchandise into their stores, adding to their sustainability efforts. They were to be available in some Chicago, Nashville, Austin and New York stores beginning on Oct. Beyond Madewell, other retailers have collaborated with thredUP.

Retail 101

Retail Kansas City Nashville Kansas 101

PYMNTS

JANUARY 25, 2021

Twenty-two-year-old entrepreneurs Nick Hamburger and Zack Schreier started their first business in sixth grade, charging students at their Chicago-area school $3 for some cool Japanese soda pop that they bought for $1.25 — until the administration shut them down. Investor Daniel Lubetzky. They're kind of like chips. Hamburger recalled. “We

Chicago 291

Chicago Study Retail Company 291

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

PYMNTS

MARCH 11, 2020

A Newark Airport store will start using Amazon’s Just Walk Out cashierless technology on March 16, just days after the company announced it was licensing the platform to retailers, according to reports on Wednesday (March 11). . with new openings scheduled for New York, Chicago, Seattle and San Francisco on the agenda for his year.

San Francisco 130

San Francisco Minneapolis Philadelphia Seattle 130

PYMNTS

OCTOBER 23, 2020

In the longer run, the service will grow over the next several months to the grocer’s 570 retail locations throughout California, Illinois, Pennsylvania and Florida. Prime members in more than 2,000 locations can also receive unlimited free, two-hour delivery from Amazon Fresh and Whole Foods Market on orders of $35 or more.

Arizona 170

Arizona Chicago Georgia Phoenix 170

PYMNTS

FEBRUARY 19, 2020

But Foxtrot, a small company out of Chicago, is reinventing convenience store retail and taking it uptown. It’s an ambitious business model, which so far has been limited to eight locations in Chicago, but certainly enough to prove the concept for LaVitola, who is an investment banker by trade, and his team. percent.

Chicago 130

Chicago Washington Retail Dallas 130

PYMNTS

FEBRUARY 19, 2020

But Foxtrot, a small company out of Chicago, is reinventing convenience store retail and taking it uptown. It’s an ambitious business model, which so far has been limited to eight locations in Chicago, but certainly enough to prove the concept for LaVitola, who is an investment banker by trade, and his team. percent.

Chicago 130

Chicago Washington Retail Dallas 130