PYMNTS

AUGUST 16, 2018

retail sales rose higher than expected last month — a sign that the economy remained strong early in the third quarter. According to Reuters , the Commerce Department revealed that, with the exclusion of automobiles, gasoline, building materials and food services, retail sales increased 0.5 percent in July, and rose 6.4

Retail 101

Retail US Michigan Pennsylvania 101

PYMNTS

FEBRUARY 14, 2020

For retailers, perhaps especially those luxury goods sellers weathering the storm of the coronavirus, Friday (Feb. For retailers, perhaps especially those luxury goods sellers weathering the storm of the coronavirus, Friday (Feb. percent of the retailer’s annual sales. billion, up nicely from $20.7 In data released Friday, U.S.

Retail 109

Retail Michigan Survey National 109

South State Correspondent

SEPTEMBER 12, 2022

That will be followed by August retail sales on Thursday with sales expected flat just like in July. So, a fairly steady-as-she-goes read on retail sales is expected. Finally, the latest read on consumer confidence is due on Friday with the University of Michigan Sentiment Survey for September. Source: Bloomberg. – 3.59.

Michigan 195

Michigan Survey Retail Report 195

PYMNTS

NOVEMBER 8, 2019

The rise of unattended retail – from yesterday’s vending machines full of candy and soda to today’s upscale self-service conduits where one can get kiosk champagne at a hotel (it’s true!) – all started with digital payments. That growth came as vending and unattended retail firms struggled to compete with big-box retailers.

Retail 108

Retail Michigan Mobile Branding 108

PYMNTS

SEPTEMBER 30, 2019

The world of toys has changed and keeps on changing, and that means changes, too, for toy retail — changes that reflect some of the hottest trends in commerce. The play areas will open toward the end of October at Buckhead’s Lenox Marketplace in Atlanta as well as on North Michigan Avenue in Chicago. Take subscription commerce.

Retail 109

Retail Michigan Atlanta Chicago 109

PYMNTS

MAY 15, 2017

retails sales are showing some signs of warming up with the weather. That is the biggest pick-up to retail sales in the last three months, according to the Commerce Department. That news comes along with data out of the University of Michigan that indicates its consumer-sentiment index rose to 97.7 Penney and Nordstrom Inc.,

Retail 100

Retail Michigan Online Meeting 100

PYMNTS

SEPTEMBER 27, 2020

Associated Food Stores , a Salt Lake City, Utah-based cooperative that supplies supermarkets, said it has started to build what it’s calling “pandemic pallets” of sanitizing products so its warehouses will be fully stocked, Darin Peirce, vice president of Retail Operations, told WSJ. “We

Jacksonville 280

Jacksonville Minnesota Utah Michigan 280

PYMNTS

SEPTEMBER 20, 2019

Retailers are testing drone delivery to grow their omnichannel offerings and provide “store to door” on-demand service to their customers. From Amazon to Uber and Walgreens, retailers and eCommerce platforms are tapping into drones to expand their omnichannel offerings by providing consumers with easy access to their favorite products.

Retail 112

Retail Las Vegas San Diego Virginia 112

PYMNTS

OCTOBER 16, 2019

Commerce Department showed retail sales in the country were down 30 basis points last month. More ominously, online retail sales were down by 30 basis points — and online, of course, is where the sales have gone as brick-and-mortar stores continue to shutter. As reported Wednesday (Oct. 16), data from the U.S. In the meantime, the U.S.

Retail 100

Retail Michigan Course Data 100

PYMNTS

SEPTEMBER 27, 2019

Brick-and-mortar retailers are expanding their efforts to provide customers with health and wellness services while taking steps to train their employees for healthcare roles. said in the announcement about the offering, “Walmart aims to be the market leader in providing retail workers a path to careers in growing fields like healthcare.

Branding 101

Branding Retail North Carolina Georgia 101

Bank Innovation

AUGUST 19, 2019

Plinqit was developed by Ann Arbor-based startup HT Mobile Apps (HTMA), which confirmed on Monday that it added Bank Michigan […].

Michigan 170

Michigan Tools Mobile Marketing 170

PYMNTS

APRIL 7, 2020

Other companies such as Macy’s , the Ohio-based national retailer and Steelcase, the Michigan office furniture company, have cited the generous stimulus unemployment benefits as they furlough staff while the coronavirus pandemic rages. Equinox is not alone. “It made that part of the decision more palatable.”.

Mississippi 130

Mississippi Michigan Massachusetts Ohio 130

PYMNTS

OCTOBER 8, 2020

26 were in Maryland (3,619), Illinois (3,414) where layoffs in retail and healthcare fueled the number of applications, New Jersey (2,504), Michigan (2,358) and Massachusetts (1,886), while the largest decreases were in Texas (7,075), Florida (6,655), Georgia (5,895), New York (5,112) and Oregon (2,317). That contrasts with 1.4

US 286

US New Jersey Oregon Maryland 286

South State Correspondent

MARCH 14, 2022

Away from the Fed, and the war, the key economic numbers this week will be February PPI tomorrow and retail sales on Wednesday. PPI is expected to print some more eye-popping inflation numbers while retail sales is expected to be positive, but well off the surge we saw in January. Agency Indications — FNMA / FHLMC Callable Rates.

Meeting 195

Meeting Michigan Retail Training 195

PYMNTS

JUNE 10, 2020

and filed suit against the Michigan-based mall owner over an alleged breach of a merger agreement. In a complaint filed with the Oakland County Circuit Court in Pontiac, Michigan, Indiana-based Simon Property Group said it is suing Taubman Centers for violating terms of the deal. Simon Property Group (SPG) has abandoned its $3.6

Michigan 131

Michigan Oakland Indiana Survey 131

PYMNTS

SEPTEMBER 17, 2020

The largest increases in initial claims were in California (23,841), as the service industry reported layoffs; Texas (8,618), which saw the loss of manufacturing, retail, education, accommodation and food and professional services jobs; Louisiana (8,375); New Jersey (2,402); and Washington (2,173). 29 totaled just over 29.7

US 140

US Louisiana Kentucky New Jersey 140

PYMNTS

APRIL 1, 2020

While it is the only option for many retailers, eCommerce is running into its own limitations under the pressure of the COVID-19 crisis. The most concerning news about those limitations comes as retailers get a handle on how and why eCommerce orders have spiked since stores started closing at the end of February.

social media 216

social media Retail Michigan Strategy 216

PYMNTS

APRIL 14, 2020

The last several weeks have been all hands on deck for every player in retail, as the race for the consumer’s whole paycheck has shifted tracks rapidly in response to the COVID-19 pandemic. And while supply can absolutely meet demand, he said, the retailer does request that people overcome their instincts to hoard.

Michigan 197

Michigan Retail Meeting Report 197

PYMNTS

FEBRUARY 10, 2020

As retail owners face the challenge of decreased foot traffic and store closures brought on by the rise of eCommerce, mall owners have been aiming to change their properties with the introduction of dining options, entertainment and other features. Michigan-based Taubman manages, owns or leases 26 malls in Asia and the U.S.,

Detroit 132

Detroit Indiana Michigan Retail 132

PYMNTS

DECEMBER 14, 2020

Retailers have been both passively and actively been encouraging consumers to shop early in the year 2020 — something which PYMNTS recent Black Friday data indicates that many did, with nearly half reporting their holiday shopping finished as of Black Friday.

Michigan 179

Michigan Memphis Tennessee United States 179

PYMNTS

FEBRUARY 16, 2020

according to data from the University of Michigan released last week. The measure of retail sales in stores, online and at restaurants was up 0.3 The consumer sentiment index increased to 100.9 this month from its last rating of 99.8, That number is close to the post-recession peak set in March 2018 at 101.4.

US 159

US Michigan Survey Industry 159

PYMNTS

NOVEMBER 4, 2020

For instance, Muskegon County, Michigan is offering so-called “ recovery loans ” of up to $20,000 to local businesses with fewer than 25 employees. For example, 49 percent of consumers are shopping more online and less in stores. Similarly, 19 percent are dining out less and ordering takeout online more.

Michigan 249

Michigan Metro Community Online 249

PYMNTS

NOVEMBER 12, 2020

The news comes as the first Amazon Fresh opened , with the eCommerce retailer providing access to the general public to the Los Angeles store in September. As it stands, 69 SpartanNash stores in Wisconsin, South Dakota, North Dakota, Nebraska, Minnesota and Michigan provide the Fast Lane offering.

South Dakota 225

South Dakota North Dakota New Jersey Los Angeles 225

PYMNTS

JANUARY 14, 2020

Open-air shopping centers – also called strip malls or strip centers – are replacing malls as retail juggernauts, offering necessities like grocery stores, hair salons and dentists, The Wall Street Journal reported on Tuesday (Jan.14). She said consumers are increasingly spending on fitness, entertainment and eating out. million for a 48.5

Missouri 153

Missouri New York Michigan Florida 153

PYMNTS

MARCH 16, 2020

Things are getting a bit testy in retail land. The world’s largest retail trade group sent a letter on Monday (March 16) to the National Governors Association and the U.S. Conference of Mayors stating its subtle displeasure about retailers finding out about mandatory store closures in the press.

Retail 141

Retail Community Maryland Michigan 141

PYMNTS

FEBRUARY 24, 2020

There are another 120 workers slated to be let go in Michigan. “We The Seattle Times reported that a Bear Down Logistics driver in Michigan makes $15 an hour, while UPS pays about $20 an hour in the same region for the same work. Yet, in a competitive market, pay may matter.

Michigan 196

Michigan Illinois Ohio Virginia 196

PYMNTS

JANUARY 8, 2018

In other , tech-powered initiatives, this past summer Domino’s teamed with Ford to test out self-driving pizza delivery vehicles in Michigan, following similar tests in New Zealand, where drones and self-driving robots were the delivery vessels of choice.

Retail 100

Retail Michigan Conference Taxes 100

PYMNTS

JULY 10, 2020

Because of those delays, some customers became irate and ended up switching to Walmart’s more direct physical retail instead, and so Amazon wants to step up their own productivity. The company, according to Reuters, ordered over 2,200 Utilimaster “walk-in” delivery trucks from Michigan-based Shyft Group , which works in specialty vehicles.

Los Angeles 147

Los Angeles Michigan Exercises Chicago 147

PYMNTS

JULY 27, 2016

If the latest batch of consumer confidence scores are to be believed, consumers are carrying forward with the uptick of retail-related faith first observed in June — though they haven’t grown much. Stable outsets are a retailer friend, and the index mostly indicates that. By the numbers, consumer confidence is at 97.3

Michigan 100

Michigan Conference Retail Survey 100

PYMNTS

SEPTEMBER 13, 2019

13), preliminary data from the University of Michigan shows that sentiment rebounded more than expected, up to 92 from 89.8 Also in data reported Friday, retail sales were up 40 basis points in August as measured against the prior month. As reported on Friday (Sept. up from 105.3. . Those worries have not dented a propensity to spend.

Trends 128

Trends Michigan Survey United States 128

PYMNTS

FEBRUARY 7, 2019

“Last October, Kroger introduced Home Chef retail meal kits, and we’re now expanding to add the easy-to-prepare recipes to hundreds of new locations, providing convenient access to the meal solution at more than 700 stores. .”

Ohio 116

Ohio Montana Wyoming Columbus 116

BankInovation

JUNE 29, 2023

Michigan State University Federal Credit Union moved its client-facing chatbot, Fran, in front of its live chat agents in May, and the chatbot is now fielding 73% of the bank’s chat inquiries.

Michigan 52

Michigan Retail 52

PYMNTS

SEPTEMBER 19, 2019

The play areas will open toward the end of October at Buckhead’s Lenox Marketplace in Atlanta as well as on North Michigan Avenue in Chicago. It was created by Zac Hartog, events and production design expert; Jackie Sorkin, candy artist; and John Goodman, retail executive. And it had roughly 1,600 stores globally.

US 101

US San Francisco Michigan Atlanta 101

PYMNTS

JUNE 12, 2019

A spokesperson for Kroger said, according to the outlet, “Like many retailers, we are starting to offer our customers a highly curated selection of topical products like lotions, balms, oils and creams that are infused with hemp-derived CBD.”

West Virginia 134

West Virginia Indiana Kentucky Tennessee 134

South State Correspondent

AUGUST 12, 2022

Perhaps a more important release comes later this morning (10am ET) with the first look at the University of Michigan Consumer Sentiment Survey for August. The big report next week will be the July Retail Sales Report with investors curious if consumers are spending that leftover gas money. The YoY rate peaked at 18.6%

Michigan 195

Michigan Survey Report Marketing 195

BankInovation

APRIL 13, 2023

Michigan State University Federal Credit Union is launching a personalized digital banking experience in the fall developed using a low-code, no-code digital banking solution by Nextly. The solution allows $7.3 billion, East Lansing, Mich.-based

Michigan 52

Michigan Digital Banking Retail 52

PYMNTS

NOVEMBER 19, 2019

Grocery retailer Kroger is partnering with Berlin farming startup Infarm to offer “living produce farms,” Kroger announced in a press release on Tuesday (Nov. market, but it already has more than 500 farms globally and has teamed with 25 major food retailers in the U.K. This is the vertical farming company’s first venture into the U.S.

Michigan 101

Michigan Washington New York Retail 101