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Auto Sales Race Toward A New Retail Future

PYMNTS

Close the door and buckle up – retail automotive sales are getting an upgrade. Vroom said it will use the capital to invest in expanding its workforce, technology, operations and marketing, as well as products. The Detroit office will be pivotal to the company’s future plans. for both iOS and Android.

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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. It could receive the certification as early as this year, enabling UPS to have one of the first fully certified, revenue-generating drone operations in the country.

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Want To Build A Retail Experience? Get An Incubator

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You’ve probably gotten the memo already, but in case you missed the message, here you go: Mere retail is boring. Mere retail is not enough. According to the report, he said that “Greenhouse will operate as a separate unit that sits outside of our walls, both figuratively and literally. Today, the U.S.

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Retailers Want Free Rent To Cover COVID-19 Shutdowns

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retailers that don’t want to pay rent in full due to the coronavirus ‘ effects on the country’s economy, Bloomberg reported, which could set up a brawl with landlords and officials in the coming weeks as the first of the month approaches. Detroit-based Bedrock is waiving rent and fees for three months.

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More Retailers Are Checking Into Hotels In Search Of Innovation

PYMNTS

Part of the future of retail is playing out inside hotels — and that’s happening as the wider part of the travel-and-tourism industry is undergoing its own significant disruption. One of the latest — and perhaps wildest — examples of the hotel-retail trend comes from Taco Bell, of all places. Unattended Retail. Deeper Trend.

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Vroom eCommerce Sales Platform Raises $254M

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Vroom said it will use the capital to invest in expanding its workforce, technology, operations and marketing, as well as products. The company opened an engineering port in Detroit this year. The Detroit office will be pivotal to the company’s future plans.

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Simon, Taubman Join Forces To Save The Mall

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As retail owners face the challenge of decreased foot traffic and store closures brought on by the rise of eCommerce, mall owners have been aiming to change their properties with the introduction of dining options, entertainment and other features. Simon, which is based in Indiana, would pay $52.50 properties as of Sept. The deal puts a $3.21

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