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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. Additionally, the space will showcase the artistry of Juxtaposition Arts, an art center staffed by teens in North Minneapolis. Walmart on Tuesday (Sept.

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U.S. Bank branch restructuring is underway with closures in Chicago area

Bank Innovation

The Minneapolis-based regional bank currently has more than 3,000 bank branches in 26 states, but it is looking to reduce […].

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DSW Shop-In-Shops Open In Hy-Vee Grocery Stores

PYMNTS

has brought DSW Designer Shoe Warehouse “shop-in-shops” to the Minneapolis-St. says it runs over 275 retail locations throughout eight states with sales of $10 billion each year. The grocery retailer intends to open “several more shop-in-shop locations across its eight-state region in 2021,” according to the announcement.

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Grocery Stores Shutter In-Store Pharmacies

PYMNTS

The Wall Street Journal quotes Phillip Breker, who managed a pharmacy at Minneapolis-based grocery chain Lunds & Byerly, now closed down. The trend is indicative of the losses felt by smaller mom-and-pop stores and grocery retailers, as people have tended to order more of their medications by mail or get them in large 90-day supplies.

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Verizon 5G Network Launch Foreshadows Mobile Commerce Changes

PYMNTS

Score one for the Midwest: Verizon said this week (March 13) it will launch its 5G network in Chicago and Minneapolis on April 11. The announcement from the mobile network provider serves as the latest demonstration that 5G is coming, and that retailers and payment services providers should get ready to operate in the 5G world.

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Best Buy Brings Same-Day Delivery To 14 New Cities

PYMNTS

The retail chain will be rolling out its same-day delivery service to 14 new cities in addition to the 13 towns where the swift delivery service is already in operation. 6 will include San Diego, Charlotte, Denver and Minneapolis/St. ” Customers in the participating regions must place their Best Buy orders by 3 p.m.,

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Peace Coffee Perfectly Times Its Pandemic-Fueled Growth

PYMNTS

The retail news is full of companies that have made brilliant and sometimes dramatic pivots to catch up with the shift to Digital 3.0. Such is the case with Minneapolis-based Peace Coffee. While Wallace and her team will continue to build that channel, she expects that recent retail successes will carry the year.

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