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Caesars To Resume Gaming, Hospitality Operations In Vegas

PYMNTS

As it gears up to reopen in Las Vegas, Caesars Entertainment Corporation said it would resume its gaming and hospitality functions at Flamingo Las Vegas and Caesars Palace at “the date and time for reopening specified by the state of Nevada.” It also noted that it will halt charges for paid self-parking in Las Vegas.

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Unattended retail struggles with mobile payments acceptance

Payments Dive

Mobile payments continue to expand, making it important for operators of unattended retail equipment to invest in the technology. A speaker at the National Automatic Merchandising Association show in Las Vegas urged his fellow industry executives to get on board with the trend.

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Retailers Wary Of Opening As Some States Restart Economies

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Many large retail chains are wary of reopening even while some states move toward starting their economies again following closures due to COVID-19. The governor of South Carolina let retail stores start operations again this week at one-fifth of usual capacity or five people for each 1,000 square feet. TGI Fridays Inc. ,

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Brookfield Asset Earmarks $5 Billion To Help Struggling Mall Retailers

PYMNTS

Brookfield has been moving in on mall-centric retail for some time, acquiring all of the stake for U.S. Brookfield also spent time grabbing Las Vegas-based Fashion Show and Illinois’ Oakbrook Center in recent years. Last year, over 9,000 retail stores closed in the U.S., up from the previous record high of 6,700 in 2017.

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WHSmith To Acquire Marshall Retail Group

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WHSmith has revealed it will acquire Marshall Retail Group (MRG) in an effort to boost its presence in U.S. company will buy Las Vegas-based MRG from Brentwood Associates for $400 million. Founded in 1792, WHSmith has operations in over 100 airports across 30 countries outside the U.K. 1, according to the report.

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MGM Resorts Appoints Acting Chief Executive Officer

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Amid the public health crisis in the country and the travel vertical, MGM Resorts International said in an announcement that Chief Operating Officer and President Bill Hornbuckle has been appointed to the position of acting chief executive officer and president. Hornbuckle replaces Jim Murren, the outgoing chairman and CEO.

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Today In Retail News: Philadelphia Mall Reopens, Ralph Lauren Cuts Workforce

PYMNTS

In today’s top retail news, Philadelphia Real Estate Trust reopens its newest property, Ralph Lauren cuts its workforce and Mall of America offers space to local businesses. The transformation plan, according to the company, aims to attract younger consumers, drive targeted expansion, lead with digital and operate more efficiently.