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American Dream?Miami Receives Approval From Florida Officials

PYMNTS

million-square-foot American Dream Miami — potentially the most expensive mall ever built — has received approval from officials in a Florida county. million square feet of retail, the new mall may have more space focused on entertainment. million square feet of retail, the new mall may have more space focused on entertainment.

Miami 115
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Retail Pulse: Rebag Opens Miami Store; Amazon Brings Second Amazon Go To NYC

PYMNTS

We are thrilled to expand Rebag’s retail footprint to the Miami community. Miami has a global reach with customers visiting from all over the world. Its retail footprint will encompass standalone locations in addition to “a continued presence” in luxury malls. It’s a great fit for us.”.

Miami 100
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Sainsbury’s Introduces New C-Store Format; SHOWFIELDS To Open In Miami

PYMNTS

Brick-and-mortar retailers are opening smaller-scale locations packed with technology designed to meet the needs of shoppers in cities. The retailer said that “almost 90%” of the selections in the store were chosen to meet the needs of Mansion House customers. SHOWFIELDS will open a new location in Miami in 2020.

Miami 130
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High Rent Costs Hurting Retailers

PYMNTS

Retailers are feeling the heat from high rent costs. According to a report in The Wall Street Journal , while commercial retail rents are down, rent costs still remain higher than prerecession levels in many prime shopping areas, including Manhattan, Los Angeles and Dallas. The retailer fought the rent increase but lost.

Retail 109
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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. We can expect more such retail trends to match up and combine forces for new innovation in the coming decade. The company applied to the U.S.

Retail 169
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Banking Automation Summit registration opens with fresh agenda

Bank Innovation

The premiere industry event will take place June 1-2 at the Conrad Miami. Bank Innovation is proud to announce a brand-new event — 2020 Banking Automation Summit — designed to provide industry professionals with the necessary platform to share insights, trends, strategies and practices to automate back-office functions.

Miami 221
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Post-Toys R Us, Retailers Vie For Experiential Toy Shoppers

PYMNTS

Retailers are doubling down on toys amid a gap in the market left by the bankruptcy of Toys R Us. toy retailer Hamleys , for instance, is eyeing a potential New York City location for a flagship store. The atmosphere comes as brick-and-mortar retailers have to differentiate themselves from their eCommerce counterparts.

Retail 166