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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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Podcast: Rebuilding ‘the great Virginia regional bank’

ABA Community Banking

John Asbury didn't need a new job in 2016, but when he saw an opportunity build something lost in the 1990s, what he calls "the great Virginia regional bank," he took it. The post Podcast: Rebuilding ‘the great Virginia regional bank’ appeared first on ABA Banking Journal.

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Retail Pulse: Walgreens To Test Drone Deliveries; Walmart To Relaunch Scoop

PYMNTS

Retailers are testing drone delivery to grow their omnichannel offerings and provide “store to door” on-demand service to their customers. Walgreens , in one case, plans to pilot drone deliveries in Christiansburg, Virginia starting in October by partnering with Wing, a member of the Alphabet family of companies.

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Retail Pulse: Nike Opens Atlanta SNKRS Pop-Up; FAO Schwarz Plans London Store

PYMNTS

Beyond the pop-up shop, the retailer is opening a “Studio of Dreams” Super Bowl Content Studio on the same block. Between its flagship and pop-up shop, brands like Nike are incorporating mobile payments along with experiences into their new retail spaces as they head into a digital future. It makes that purchasing much easier.”

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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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Retail Pulse: CVS, UPS Test Drone Potential; Birchbox Grows Walgreens Partnership

PYMNTS

Brick-and-mortar retailers are teaming with logistics firms to test drones for delivery — and making progress on their experimental flights. Another delivery of a medical prescription arrived at a nearby retirement community for a second customer. UPS subsidiary UPS Flight Forward Inc. UPS subsidiary UPS Flight Forward Inc.

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Walmart, Sam’s Club Shoppers Must Wear Face Masks Starting Next Week

PYMNTS

Today, 65 percent of more than its 5,000 stores and clubs are located in communities where the government has mandated face coverings, the companies said. “To The patchwork of local mandates many retailers faced earlier this year made it incredibly difficult to focus on implementing the right safety protocols,” RILA said. “We

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