PYMNTS

JULY 9, 2019

Retailers surely have more than enough to worry about these days. For one, the pace of innovation keeps speeding up – and that holds true for all types of retail niches, from apparel to grocery to others. The emerging 5G technology has tremendous retail potential.

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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

FEBRUARY 24, 2020

As 2020 unfolds, the retail business has been dramatically altered. But with consumer spending holding steady, it’s important for retailers to grasp the opportunity to create innovative ways to get, keep and grow customers. So, what constitutes experiential marketing for retailers? Wine and cheese for the shoppers?

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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 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

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

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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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

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

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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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

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 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

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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Retail New York City Mobile User Experience 212

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

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

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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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

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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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

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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New York City Innovation Branding New York 158

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

JULY 12, 2019

Brick-and-mortar retailers are opening experiential concepts by working with other brands as they look to engage consumers with experiences instead of products. The concept has a presence in 36 Macy’s locations ranging from Union Square in San Francisco to Herald Square in New York City. In Other Brick-and-Mortar News.

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PYMNTS

NOVEMBER 20, 2019

Providing a top consumer experience is becoming more important and is a rising trend in retail, and that will almost certainly increase in the 2020s. The new 19,700-square-foot space will feature a studio equipped for yoga and high-intensity interval training classes. Physical Retail Efforts.

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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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Innovation New York City Branding National 122

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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New York City New York Marketing US 210

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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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

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

MAY 6, 2019

As IKEA moves to create a new range of stores to meet the changing habits of consumers, the furniture retailer opened its first store in the center of Paris. Ingka Group Chief Executive Jesper Brodin told the outlet, “La Madeleine is an innovation test laboratory for us. and the epicenter of retail, business, and culture.”.

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New York City New York Retail Meeting 100

PYMNTS

OCTOBER 1, 2020

New York City's shelter-in-place measures profoundly challenged rotating retail concept store Showfields , a business offering an immersive shopping experience for digital-first and digital-only retailers. Translating a Brick-and-Mortar Experience to the Online Realm.

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PYMNTS

JULY 8, 2019

But that’s not stopping efforts at innovation and disruption in this space. Aspiration Bank is one of those innovators hoping to gain socially-conscious consumers via a pay-what-you-like fee structure — while also managing to please investors at the same time. New York City and the Bay Area combined,” he said.

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PYMNTS

AUGUST 2, 2019

Emerging direct to consumer brands (DTC) are not the only companies entering the world of brick-and-mortar: Birkenstock , whose historical roots date back to the 1700s, recently opened its second retail store in the United States. retail store in New York City last year. In Other Brick-and-Mortar News.

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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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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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