PYMNTS

NOVEMBER 1, 2019

As the company modernizes and reimagines the customer experience in stores located in high-traffic metropolitan areas, Starbucks plans to open a Starbucks Pickup store in New York City on Tuesday (Nov.

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PYMNTS

NOVEMBER 8, 2018

In a bid to increase loyalty, merchants are driving innovations in their stores. To that end, some brick-and-mortar retailers have begun to offer rewards programs for the very first time to bring shoppers through their doors. Retailers are taking new approaches to the way they attract customers.

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Bank Innovation

FEBRUARY 14, 2020

In this episode, editors discuss the following news developments: The implications of banking startup Varo’s FDIC approval; How U.K. card startup Curve opened a New York City office in advance of its U.S. Welcome to the latest episode of our Weekly Wrap series, for the week ending Friday, Feb.

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PYMNTS

JULY 22, 2020

From a seller’s perspective, here’s how Popshop works: Suppose a startup streetwear company in New York City wants to sell directly to urban consumers. Popshop Live enables livestreaming according to sellers’ schedules while also acting as a marketplace.

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PYMNTS

JUNE 21, 2019

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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PYMNTS

MAY 22, 2019

specifically, the use of such payments for mass transit in New York City. In an new PYMNTS discussion, Dan Sanford, Visa ’s global head of contactless payments, talked with Karen Webster about the May 31 launch of a contactless payments pilot involving the Metropolitan Transportation Authority (MTA) in New York City and Chase.

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Bank Innovation

AUGUST 29, 2019

New York City commuters this week will have their first exposure to European banking brand N26 through ads posted on subway cars. The Berlin-based company launched its mobile banking product to U.S.

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PYMNTS

SEPTEMBER 14, 2017

Halloween might be the scariest holiday (unless, of course, you’re a parent, in which case Christmas is the hands-down winner every year), but it’s not necessarily the most innovative from a retail point of view. It is consistent retail — but not necessarily out-of-the-box. billion in annual revenue.

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PYMNTS

MAY 8, 2020

New York City fashion boutique Nili Lotan has a client list that reads like the front row at Fashion Week (back when such events were still held). Dispatching one of New York’s elite styling teams exemplifies the new face of “ clienteling ,” the retail practice of assigning sales associates to individual, high-value customers.

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PYMNTS

AUGUST 25, 2019

Hudson Yards is a New York City neighborhood that’s quickly establishing itself as a must-visit destination as Manhattan’s retail influence heads west, bringing with it a technological edge, Forbes reported Sunday (Aug.

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PYMNTS

DECEMBER 21, 2020

Nordstrom is rolling out a same-day gift delivery service in New York City that will be available for orders placed by late afternoon. And in restaurant innovation, eateries have had to evolve their business strategies to lower overhead costs and cater to diners’ demands for digital services.

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PYMNTS

MARCH 7, 2019

The new law will take effect in July and would require most retail outlets to accept physical currency. New Jersey recently passed a similar law and New York City is on the path to doing so as well. Massachusetts already requires businesses to accept cash. .

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PYMNTS

JANUARY 15, 2020

The grocery battles are heating up in retail, and that is sparking innovation and could lead to even more disruption. Some of that was on display at the NRF retail show in New York City earlier this week. 14), is not the only place where grocery store innovation is coming from. Walmart’s Big Move.

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PYMNTS

MAY 5, 2020

As retailers contend with the continuing COVID-19 crisis and the inevitable resettling of the business, one of the most popular pieces of advice has been to reformat existing stores. The way I see it, the grocery space is missing a discovery phase – in fact, I think you could say that about the broader retail landscape.

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PYMNTS

NOVEMBER 9, 2018

It’s not uncommon for brands to open permanent stores after experimenting with pop-ups, but Glossier is taking an innovative payments approach to its new flagship in New York City that launched on Thursday (November 8): the company is bringing its own point-of-sale system (POS) to the flagship.

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PYMNTS

MAY 16, 2019

Which is what drove DTC food brand Hungryroot to open its first pop-up store this spring in New York City, according to Mollie Chen, vice president of brand and customer experience. For example, she said, selling customers what they want is not enough — and an awful lot of retailers can actually do that.

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PYMNTS

DECEMBER 14, 2018

Retailers are bringing experiential stores to big cities, and Starbucks is no exception: The coffee chain was set to open its Starbucks Reserve Roastery New York City on Friday (Dec. According to the announcement, the offering is available on the retailer’s eCommerce site and at its 1,400 retail locations.

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PYMNTS

MARCH 17, 2020

It was supposed to be a thriving retail center in Milwaukee when it was built seven years ago. In fact, last week, it was announced that the building would be the new home of the Milwaukee School of Engineering’s K-12 STEM program. Backers of the tax position it as a solution to the increasing amount of empty retail space in the city.

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PYMNTS

NOVEMBER 16, 2018

Big brands are opening big stores in big cities, but Nike is taking a decidedly digital approach with its New York City flagship: that is, the customer payment and shopping experience in the new space is powered by mobile technology. In Other Brick-And-Mortar Retail. percent forecasted by analysts.

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PYMNTS

NOVEMBER 26, 2019

Luxury and upscale retail are undergoing some significant changes as the holiday shopping season kicks off and a new decade approaches. The retailer recently delivered earnings that beat analysts’ expectations for the recently completed financial quarter, even as its net sales declined year over year. Social Retail.

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PYMNTS

DECEMBER 12, 2019

The obituary for brick-and-mortar retail has been written many times. But recent developments show there is still life — and perhaps even new life — in physical commerce. The results of a new survey found that most people — around 77 percent — plan on returning some of their gifts this holiday season, according to reports.

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PYMNTS

DECEMBER 11, 2020

New York City's famous FAO Schwartz store will be listed on Airbnb for someone to stay in for a night on Dec. The booking will only be available for one New York City family of four, all living under the same roof, for just $25 plus taxes. 21 this year, Radio.com reports.

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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.

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PYMNTS

JUNE 27, 2019

To provide consumers with fresh, on-the-go food in an eco-friendly way, innovators in the culinary space are bringing salads and other options to vending machines. FreshBowl , for instance, stocks its kiosks with locally sourced meals that are approved by nutritionists and made at its New York City kitchen. is about 4.5

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PYMNTS

JUNE 21, 2019

These hubs for travel retail, which are providing an audience of on-the-go travelers as U.S. shopping malls are on the decline, are also becoming locations where brands are innovating with products. However, the company’s luxury unit is continually on the uptick — and travel retail is said to be partly responsible.

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PYMNTS

JULY 22, 2019

Much of the excitement surrounding automated retail — aka cashierless retail — has been driven by Amazon Go, but the enthusiasm for “just-walk-out” technology has been tempered by the stores’ limited locations. The next wave of automated retail might be heralded by U.K.-based New Developments. Retailers vs. Customers.

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Bank Innovation

MAY 9, 2019

Though he could not disclose a timeline, Mitchell noted he's currently visiting New York City to lay the groundwork for the launch. “We Payments software provider Episode Six will launch in the U.S. soon, according to its co-founder and CEO John Mitchell.

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PYMNTS

SEPTEMBER 18, 2019

Among the defining endeavors of our time — at least for the worlds of payment and commerce — has been to bring brick-and-mortar retail stores into the new century. It’s an ongoing effort that has probably seen more failures than success stories, but that’s certainly not keeping people from betting on new innovations.

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PYMNTS

DECEMBER 3, 2019

Lord & Taylor is opening a small shop in New York City for the holiday shopping season. The retailer closed its iconic 676,000-square-foot NYC store at the beginning of the year. All of Lord & Taylor’s remaining 45 retail locations will change hands. They crave innovative, personalized experiences.”.

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PYMNTS

NOVEMBER 5, 2018

The move will bring 100 popular small businesses and digital brands on Facebook and Instagram into retail stores — just in time for the holiday shopping season. And the retailer is flexible on timing: brands can stay for as short a time period as a month. Compared to traditional pop-up stores, Macy’s own staff services the brands.

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PYMNTS

SEPTEMBER 5, 2018

That opportunity arose for customers last year, when the retailer opened the doors to a new eatery in its Fifth Avenue store called the Blue Box Café. The eatery served breakfast, lunch and tea service to customers, and the blog noted that it was the retailer’s “first foray into food.”. Tiffany & Co. Today, Tiffany & Co.

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PYMNTS

AUGUST 1, 2019

With upgrades to its mobile app and new product offerings, Dunkin’ Brands grew its digital and delivery platforms while rolling out menu innovations with broader customer appeal in the second quarter. The quick-service restaurant (QSR) brand added 46 net new Dunkin’ locations in the U.S., Menu Innovation.

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PYMNTS

JULY 8, 2016

Is retail heading to the dogs? Have you noticed lately how ridiculous some of the concepts for new retail stores are getting? A renowned New York City chef recently teamed up with Kellogg’s to open a trendy cereal-themed restaurant near Times Square and is selling Fruit Loops and Frosted Flakes for $8 or more a bowl.

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PYMNTS

AUGUST 15, 2020

We’ve witnessed a truly breathtaking amount of innovation amid the pandemic, as firms of all descriptions found themselves diving toward digital commerce in an attempt to keep at least some of the economy’s lights on. retailers, found that pants purchases fell 13 percent in April. Bra sales declined 12 percent, too.). Rural Chic .

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CB Insights

JANUARY 6, 2019

The impending “death of retail” has been projected for decades. But, in an increasingly digital world, brick-and-mortar retail shops are embracing new ways to disrupt the system and get an edge on customer attention. One popular choice: retail innovation labs. Get the 54-page retail report.

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PYMNTS

AUGUST 10, 2017

At the basic level of retail industry chatter online, much of the focus is on the battle between brick-and-mortar versus eCommerce. While the closing of several big box and department stores alongside online shopping’s reshaping the retail shopping are certainly discussions worth having, it doesn’t encompass the entire retail spectrum.

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PYMNTS

JULY 2, 2018

WeWork – the ever expanding office-sharing mega-firm- is officially kicking off its launch into retail. The new concept – titled, WeMrkt – within one of its early WeWork locations in downtown NYC. About $3K per month- about what one would expect to pay in New York City for any studio.

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