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Impossible Foods CFO David Lee Goes To AppHarvest

PYMNTS

As president of AppHarvest, Lee will be in charge of developing strategy and working on managing operations, leading sales, marketing and finance functions as the company continues to grow. The company expects to begin its first harvest from its flagship farm, which is a 60-acre facility growing tomatoes in Morehead, Kentucky, this month.

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Retail Labor Shortage Concerns Deepening

PYMNTS

A good economy is good news for retailers in a variety of regards. But for retailers going into the holiday season 2016, a good economy is creating yet another headwind for physical retailers who’ve spent much of the year being buffeted constantly by market pressures. Employment, according to the latest figures, hit 4.9

Retail 100
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Retail Pulse: Luxury Brands Eye Airport Retail; Panera Bread Tests Dinner Menu

PYMNTS

These hubs for travel retail, which are providing an audience of on-the-go travelers as U.S. However, the company’s luxury unit is continually on the uptick — and travel retail is said to be partly responsible. The quick-service restaurant (QSR) is extending the test in July to nine Kentucky locations.

Retail 101
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Can The Santa Experience Save Brick-And-Mortar Retail This Holiday Season?

PYMNTS

Bloomberg reports that there is a group of Trappist monks in Kentucky who are changing the face of that dessert with their whiskey-soaked handmade fruitcakes. Santa: The Original Experiential Retail Strategy. And while much has changed in retail, Santa’s popularity has not. Nick in their windows to appeal to children.

Retail 136
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Are you doing enough to help customers manage their accounts?

NCR

With the Consumer Financial Protection Bureau (CFPB) raising concerns that banking customers in the US “continue to experience problems managing their accounts”, it seems that many financial institutions could benefit from refocusing their efforts on delivering the services people want.

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Walgreens Brings Mobile Technology To Stores

PYMNTS

Zebra’s mobile solutions make it easy and frictionless for our team members to complete store management tasks and assist shoppers, so that we can focus on delivering the best possible experience for customers every time.”. The pharmacy chain chose the TC51 mobile computer and ET50 tablet from Zebra to use in “all its stores across the U.S.,”

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Study: Automation Will Hurt Manufacturing-Heavy Midwest

PYMNTS

Certain states will be heavily affected, like Indiana, Kentucky, South Dakota, Arkansas and Alabama. Overstocking costs retailers about $470 billion annually, according to one of the most recent estimates. Wisconsin, Iowa and Ohio, which are heavy manufacturing states, will be the hardest hit.

Study 134