PYMNTS

APRIL 13, 2020

Prepare for a big week of retail data, all of it unprecedented in light of the COVID-19 pandemic. Starting with the Commerce Department retail sales data on Wednesday, retailers will get a sense of how much consumers are spending and the retailers they are spending with. For retailers, there are no surprises from March.

Retail 216

Retail Data Capital New York 216

PYMNTS

JANUARY 11, 2021

retail rents falling in many locales by percentages even greater than those seen in or after the 2007-08 Great Recession. These decreases are historic,” the Real Estate Board of New York wrote in a new report showing that average Manhattan retail asking rents fell in all of the island’s 17 retail corridors during autumn.

Los Angeles 207

Los Angeles Retail San Diego San Francisco 207

CFPB Monitor

JULY 1, 2021

The DFS asserted that the practice of allowing dealer “discretion” in setting retail interest rates resulted in statistically significant differences in pricing, disadvantaging Hispanic and African-American consumers, with differences ranging from 20 to 59 basis points.

New York 78

New York Retail Lending Analytics 78

PYMNTS

JANUARY 12, 2021

Organized crime rings are taking advantage of the pandemic, looser police enforcement and a softening in anti-shoplifting laws to swipe tons of merchandise from retail stores and warehouses across the United States. KPIX-TV reported that the shop proudly advertised on Facebook Marketplace that customers “never pay retail.”.

Retail 226

Retail Florida San Francisco Sacramento 226

PYMNTS

AUGUST 6, 2020

Real estate trends for retailers are back in the news this week, as the pandemic-driven brick-and-mortar market starts to produce new business models and a fair amount of stability. The new business model involves leasing options for the retail sector. retail portfolio valued at $5.9 which owns 32.5

Retail 154

Retail Analytics New York Examples 154

Payments Dive

FEBRUARY 23, 2016

Mobile Payments Today spoke about this concept with payment technology providers at the recent National Retail Federation Big Show in New York City.

New York City 150

New York City Retail New York US 150

PYMNTS

JANUARY 28, 2019

Retailers have been testing out shelf-scanning robots to find out if they can handle restocking a store’s inventory when needed. Frederic McCoy, a senior vice president at Jabil Retail, a unit of Jabil Inc., whose Badger Technologies division created a data collection robot , calls it “optimizing the shelf.”

Retail 150

Retail New York Survey National 150

PYMNTS

JULY 8, 2020

As it does during the first week of every month of the pandemic, attention turns to retail leases. This week found that one of the crisis’ most troubled retailers — Nordstrom — will only pay half of its rent for the balance of 2020. Retail Properties of America, Inc. percent of Q2 2020 rent as of the end of June.

Retail 150

Retail New York City Branding Groups 150

PYMNTS

JULY 2, 2020

Robert Menendez (D-New Jersey) and Kevin Cramer (R-North Dakota) have introduced a bipartisan measure that would forbid merchants from declining cash payments from customers as businesses promote contactless digital payments amid the COVID-19 health crisis, CNBC reported.

New Jersey 175

New Jersey North Dakota Retail San Francisco 175

PYMNTS

JUNE 10, 2020

As retail reopens and starts to spur some optimism for the future, a dark number appeared on the scene on Tuesday (June 10). Coresight released a report that says 25,000 retail storefronts will close by the end of the year. However, this shift does not portend a complete abandonment of brick-and-mortar retail.

Retail 131

Retail New York City Online Trends 131

CFPB Monitor

OCTOBER 25, 2022

Following up on a threat it made back in 2018 , the New York State Department of Financial Services (DFS) announced on October 6, 2022 that it entered into a consent order with Rhinebeck Bank (“Rhinebeck”) to settle discrimination claims involving discretionary dealer markups on retail installment contracts with minority borrowers.

New York 78

New York Lending Community Bank Community 78

PYMNTS

JUNE 6, 2019

News this week (June 5) from France supports those points. There, according to The New York Times , authorities plan “to outlaw the destruction of unsold consumer products, a practice that currently results in the disposal of new goods worth 800 million euros, or more than $900 million, in the country each year.

Retail 146

Retail New York Online Trends 146

PYMNTS

MARCH 4, 2019

Amazon, of course, stands out as a marquee name in the move to make the retail experience wholly digital commerce. As had been reported late last month, in New York City, the city council held a hearing centered on a bill that would ban stores and restaurants from being able to refuse to accept cash. The Case Against Cash.

Retail 129

Retail New York City New York New Jersey 129

PYMNTS

APRIL 17, 2020

What will the ripple effects be for retailers (in the U.S. That decline might have been a foregone conclusion, as China shuttered supply chains , manufacturing plants, offices, restaurants and retailers. Other economic data from China also show that retail sales were down 15.8 and around the globe) as China’s economy shrinks?

Retail 130

Retail National Branding New York 130

PYMNTS

JANUARY 21, 2020

And nowhere is that aphorism better illustrated over the last decade than with the statistic that more than 90 percent of all retail sales took place at brick and mortar stores. It gave retailers the illusion that digital was the retail cart driven by the physical store horse. The answer, she noted, is complex.

Retail 168

Retail Innovation Data New York 168

PYMNTS

SEPTEMBER 24, 2020

Retail sales have seen very modest year-over-year gains since June, but many brick-and-mortar operations continue to suffer amid the pandemic. PJ SOLOMON , the New York global investment financial services company, and the National Retail Federation (NRF), the world’s largest retail trade association, announced on Thursday (Sept.

Retail 111

Retail Survey New York California 111

PYMNTS

DECEMBER 16, 2020

16), the National Restaurant Association offered up seven public policy tenets that – in collaboration with delivery aggregators – are being billed as a “framework” for the delivery industry. That roster includes Washington State, New Jersey, Chicago and New York City. With data sharing, to boot.

National 160

National New York City Policies New Jersey 160

PYMNTS

JANUARY 15, 2019

With the possibility of a potential recession looming, among other factors, retailers may be rethinking major decisions. At National Retail Federation’s Big Show in New York on Monday (Jan. And Hunter noted that, among other factors, retailers are having a harder time getting workers than before.

Retail 116

Retail New York National Report 116

PYMNTS

JANUARY 18, 2017

The National ATM Council (NAC) argued in testimony to the Committee on Consumer Affairs of the New York City Council last week that a proposed ordinance would impose costly and burdensome new security regulations on ATM operators all around the city. said Renard in the same press release. “In

ATM 100

ATM National New York City New York 100

PYMNTS

AUGUST 27, 2019

When it comes to retail innovation — changes that promise to influence commerce not only this year, but in the 2020s — cameras could have a significant role. This data certainly isn’t nothing, but it pales in comparison to the data troves that digital retailers have. That’s not the only way innovation with cameras can help retailers.

Retail 118

Retail Innovation Video Data 118

PYMNTS

MAY 6, 2016

For those of use who’ve ever perused a recipe in The New York Times and fantasized about preparing it before rapidly realizing we own absolutely none of the appropriate ingredients to prepare said dish, a new service is arising just for us. And, surprisingly, it is being offered by The New York Times itself.

New York 100

New York Branding Conference US 100

PYMNTS

DECEMBER 19, 2019

That’s because cameras are playing a much bigger role in retail, a trend that will keep gaining steam in the new decade. The Associated Press reports that cameras are, at least somewhat quietly, making inroads into a number of retail outlets in a bid to, well, get to know you. are now looking to follow suit.”.

Retail 131

Retail Software Video Course 131

Abrigo

APRIL 28, 2016

Small Business Administration What creates two out of three net new American jobs; produces close to half of our nation’s goods and services (nonfarm private GDP); and can be found, coast to coast, in every small town, big city and rural enclave? Tune in all week for live-streaming , beginning at 7:30 p.m. Every business starts small.

National 150

National San Jose Los Angeles United States 150

PYMNTS

SEPTEMBER 21, 2016

A little over a week after Tim Gunn excoriated the fashion industry for its plus-sized hostility, H&M has decided to pull plus-sized clothes out of all New York City locations, according to Revelist , an online news site aimed at millennial women. In the U.S. 2015, to $19.8 billion, and 3 percent in the 12 months ending Feb.

New York 100

New York New York City Millennials Trends 100

PYMNTS

MARCH 12, 2020

With a longtime presence in New York and surrounding suburbs, Modell’s has 153 stores mostly located in the northeast region. But it has now become the latest in an array of New York retailers to file for bankruptcy, following luxury retailer Barneys New York and grocer Fairway Market.

New York 144

New York Regional Retail Resources 144

PYMNTS

FEBRUARY 6, 2018

Fanatics , a company that sells Team USA merchandise, has taken a novel approach to Olympic retail this year with a physical store in a major U.S. The store marks a milestone for Team USA: It’s their first in-person retail store outside the Olympic Training Center in Colorado. Retail Gold. The Economics.

Retail 118

Retail Strategy New York City Los Angeles 118

PYMNTS

JANUARY 22, 2020

For retailers, nothing really ever comes easy — and things aren’t getting any easier, at least when it involves gaining and retaining customers. Indeed, as the recently completed National Retail Federation (NRF) retail show in New York City demonstrated, commerce keeps moving to what Webster called in the webinar a “customer-centric approach.”

Retail 137

Retail Millennials New York City social media 137

PYMNTS

AUGUST 21, 2017

The concept of second-hand stores has undergone an evolution of sorts over the past 10 years, and a slew of new niche consignment shops have popped up to suit different consumers needs. These second-hand retail options have become so popular that there is now an entire day dedicated to celebrating them: National Thrift Store Day.

Retail 103

Retail New York City National Industry 103

PYMNTS

OCTOBER 10, 2018

By some accounts, the 2018 holiday season is going to be a bang-up year for retailers. retailers are expected to increase 4.8 percent this year, according to the National Retail Federation (NRF) — well above the 3.9 percent growth seen by the retail market one year ago. Holiday sales for U.S.

Retail 122

Retail United States Seattle Washington 122

PYMNTS

NOVEMBER 21, 2020

when it dawns on Thursday – leaving the grocers who sell the ingredients of the meal that will continue to be the centerpiece of the day to find new ways to bring them in for the holiday season. So it’s good to see some major retailers giving back for the holiday. That would cut 7.3

Retail 179

Retail Community National New York 179

PYMNTS

AUGUST 1, 2016

It’s also, arguably, the heart of New York City’s economy and the City That Never Sleep’s greatest tourist attraction. out of every dollar spent by visitors to New York City is spent in Times Square. out of every dollar spent by visitors to New York City is spent in Times Square.

Retail 100

Retail New York City New York National 100

PYMNTS

JANUARY 3, 2020

Ouai , a hair and body care brand founded by celebrity hairstylist Jen Atkin, will roll out some of its merchandise in 1,200 Ulta Beauty locations in addition to the retailer’s website on Sunday (Jan. The retailer wrote in a tweet , “We’re starting off the decade with a big announcement: “@theouai by Jen Atkin is launching at Ulta Beauty!”

Retail 131

Retail Industry Branding Miami 131

PYMNTS

MARCH 2, 2020

The retailer is adding 50 to 200 products from the brand to up to 200 locations in 2020, with offerings to include provolone cheese slices and maple-glazed turkey breast, Bloomberg reported. A longtime part of the grocery stores and delis of New York City, the brand is now found in grocery stores across the nation.

New York City 227

New York City New York Branding Florida 227

PYMNTS

AUGUST 5, 2019

Connected and self-driving cars and truck stand as some of the next big frontiers when it comes to retail and retail innovation, but challenges to that future — real and potential problems that could slow down progress when it comes to autonomous vehicles — are increasing appearing on the horizon. Societal Issues.

Retail 144

Retail New York Detroit Technology 144

Payments Source

JANUARY 15, 2020

The National Retail Federation's annual conference, taking place this week in New York, is home to many innovations that could change the way merchants accept payments.

New York 114

New York Conference National Retail 114

PYMNTS

DECEMBER 5, 2019

Target has announced that it is going to open a new location in Times Square in New York City by 2022, according to a report by CNBC. Target has been ramping up its presence in New York lately, and according to CEO Brian Cornell, the strategy has been working.

New York City 131

New York City New York Retail Online 131

PYMNTS

AUGUST 3, 2020

It’s closing time for many small businesses in New York City. The New York Times said a new report from the Partnership for New York City estimated that one-third of the city’s 240,000 small businesses could close down and vanish.

New York City 157

New York City New York Report Conference 157