PYMNTS

APRIL 16, 2020

The New York City real estate market, battered like other economic sectors by the coronavirus pandemic, is seeing lower rates than it has in almost a decade. That has sent rents falling steeply with no signs of turning around soon.

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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.

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PYMNTS

SEPTEMBER 7, 2020

4) jobs report brought good news to the nation’s retail sector as it added nearly one quarter of a million jobs in August. It’s encouraging to see retailers bring back these jobs,” Sonia Lapinsky, a managing director at AlixPartners, the Michigan-based consulting firm, told the newspaper. Last Friday’s (Sept. million of the 2.4

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PYMNTS

JANUARY 24, 2019

Before consumers started to trade brick-and-mortar shopping experiences for eCommerce websites, retailers could bring customers through their doors with window displays. According to the PYMNTS Virtual Reality In Retail Report , there are expected to be 100 million AR/VR headset users by 2022.

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PYMNTS

JULY 9, 2019

Retailers surely have more than enough to worry about these days. For one, the pace of innovation keeps speeding up – and that holds true for all types of retail niches, from apparel to grocery to others. The emerging 5G technology has tremendous retail potential.

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PYMNTS

DECEMBER 11, 2018

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. Retailers Step up Toy Selection. In the U.K., That is, a place that lets consumers try out products.).

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PYMNTS

FEBRUARY 24, 2020

As 2020 unfolds, the retail business has been dramatically altered. But with consumer spending holding steady, it’s important for retailers to grasp the opportunity to create innovative ways to get, keep and grow customers. And retailers that deploy experiential tactics drive repeat purchases at rates nearly twice those who don’t.

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Bank Innovation

FEBRUARY 14, 2020

In this episode, editors discuss the following news developments: The implications of banking startup Varo’s FDIC approval; How U.K. card startup Curve opened a New York City office in advance of its U.S. Welcome to the latest episode of our Weekly Wrap series, for the week ending Friday, Feb.

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Bank Innovation

JANUARY 26, 2020

New York City-based Grasshopper Bank is geared toward startups, with a focus on pain points for founders. Grasshopper opened in May 2019 after securing FDIC and OCC approval, a rare distinction for a digital-only bank.

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PYMNTS

JANUARY 7, 2021

In today’s top retail news, Walgreens Boots Alliance, Inc. reported that its Retail Pharmacy USA segment had $27.2 Walgreens Retail Pharmacy USA Reports $27.2 reported as part of its Q1 fiscal 2021 earnings that its Retail Pharmacy USA segment had $27.2 Billion In Sales. Walgreens Boots Alliance, Inc.

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PYMNTS

SEPTEMBER 29, 2020

Bankruptcy filings are surging in New York City with almost 6,000 closures, representing a 40 percent increase, according to Bloomberg , and it's forecasted to keep getting worse. New York's Metropolitan Opera announced cancellations for its entire 2020-21 season, which CNBC called "ominous" for all other performing groups.

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PYMNTS

SEPTEMBER 25, 2020

Dining out has taken on new meaning in New York City. Open Street, the city program that closes street blocks to vehicular traffic, will also be permanent. “I New York winters can be cold and restaurateurs who want to heat their outdoor dining spaces with enclosures can do so.

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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.

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PYMNTS

MARCH 20, 2020

With the current health emergency retailers face unprecedented issues. Closing stores, limiting hours, changing order patterns, remote work — all of these issues have joined basic survival as retailers contend with sudden and unpredictable challenges during the coronavirus pandemic. 1: Employees. Read the fine print in the lease.

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Retail New York City Analysis Resources 176

PYMNTS

NOVEMBER 19, 2020

Dutch retailer Ahold Delhaize — owner of grocery behemoths Giant and Stop & Shop — has acquired a majority stake in supermarket delivery startup FreshDirect amid an online shopping surge propelled by COVID-19. “We He added that the deal is “an important milestone in the continued growth of FreshDirect.”.

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PYMNTS

JULY 19, 2019

Iconic brick-and-mortar retailers are sometimes reinvented, and return to the world of retail with smaller-format concepts. Tru Kids has entered into a joint venture with the software-powered experiential retailer b8ta to offer a new store experience with curated toys in “highly immersive, smaller-format spaces.”.

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PYMNTS

JANUARY 29, 2021

If coronavirus cases stay at a stable level, New York Governor Andrew Cuomo said eateries in the Big Apple will be able to open again for indoor dining starting on Valentine’s Day at restricted volume, CNBC reported. The holiday surge from New Year's and Christmas seems to be over, reaching a high on Jan. 28 from a 7.1

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PYMNTS

MAY 22, 2019

specifically, the use of such payments for mass transit in New York City. In an new PYMNTS discussion, Dan Sanford, Visa ’s global head of contactless payments, talked with Karen Webster about the May 31 launch of a contactless payments pilot involving the Metropolitan Transportation Authority (MTA) in New York City and Chase.

New York City 171

New York City New York Payments Training 171

PYMNTS

JULY 22, 2020

A new advocacy group dedicated to direct-to-consumer retail was announced this week with representation from Google and several major retailers including QVC, Brooks Brothers and Lane Bryant. It foresees a short-term evolution of retailing to an all-DTC world. The pandemic forced it on to a digital platform in early Q2.

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PYMNTS

JUNE 11, 2019

comes after the online retailer opened one of the concept locations in New York City in a mall, CNBC reported. The news comes shortly after the Amazon Go concept first came to New York City. The 1,700-square-foot space, which is in Midtown Manhattan at 300 Park Ave., It’s high density.

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PYMNTS

FEBRUARY 21, 2019

With a move toward cashless societies growing around the world, new legislation in the U.S. could force retailers and restaurants in a number of states to accept cash as a payment method. Meanwhile, the paper reported New York City, Washington, San Francisco and Chicago are looking at similar legislation.

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New Jersey Retail San Francisco New York City 150

Bank Innovation

AUGUST 29, 2019

New York City commuters this week will have their first exposure to European banking brand N26 through ads posted on subway cars. The Berlin-based company launched its mobile banking product to U.S.

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New York City New York Marketing US 210

PYMNTS

MARCH 18, 2020

For most retailers, this virus thing is starting to hurt. Retailers are now in full-on battle mode,” said Jefferies Analyst Randal Konik , who foresees a 90 percent to 100 percent drop in mall traffic. For retailers, this is now about near-term survival.”. “For For retailers, this is now about near-term survival.”.

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PYMNTS

DECEMBER 4, 2019

Uber CEO Dara Khosrowshahi said the ride-hailing company could potentially offer courier services for retail businesses in the future, according to a report by Reuters. Khosrowshahi was speaking at a meeting at the Economic Club of New York, and he talked about his tenure at the head of Uber, a position he took in 2017.

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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.

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PYMNTS

JULY 22, 2020

From a seller’s perspective, here’s how Popshop works: Suppose a startup streetwear company in New York City wants to sell directly to urban consumers. Popshop Live enables livestreaming according to sellers’ schedules while also acting as a marketplace.

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Retail New York City Mobile User Experience 212

PYMNTS

AUGUST 28, 2019

With technology for cashierless checkout and robotic-powered order fulfillment, automated retail is changing how consumers shop for groceries and how supermarkets fill their eCommerce orders. And grocery retailers are expanding their delivery efforts. And, with the new money, it plans to expand around the globe.

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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.

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Retail New York City Branding Groups 150

PYMNTS

SEPTEMBER 23, 2019

When SHOWFIELDS opened up in New York City a little under a year ago, just in time for the 2018 holiday season, it advertised its experiential retail concept as “the most interesting store in the world.” All revenue from sales earned within SHOWFIELDS are the merchant’s to keep.

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Retail New York City New York Branding 123

PYMNTS

MAY 8, 2020

New York City fashion boutique Nili Lotan has a client list that reads like the front row at Fashion Week (back when such events were still held). Dispatching one of New York’s elite styling teams exemplifies the new face of “ clienteling ,” the retail practice of assigning sales associates to individual, high-value customers.

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PYMNTS

NOVEMBER 9, 2018

It’s not uncommon for brands to open permanent stores after experimenting with pop-ups, but Glossier is taking an innovative payments approach to its new flagship in New York City that launched on Thursday (November 8): the company is bringing its own point-of-sale system (POS) to the flagship. percent to top $878.38

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Retail New York City New York Branding 144

PYMNTS

MAY 5, 2020

As retailers contend with the continuing COVID-19 crisis and the inevitable resettling of the business, one of the most popular pieces of advice has been to reformat existing stores. The way I see it, the grocery space is missing a discovery phase – in fact, I think you could say that about the broader retail landscape.

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Retail New York City New York social media 150

PYMNTS

SEPTEMBER 19, 2019

Apparel used to be mostly a brick-and-mortar retail experience, but that has changed drastically over the last few years – and has been one of the main innovations when it comes to commerce related to the clothes we wear. But at this point, it is also mostly table stakes in the race to bring apparel retail online.

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Retail Innovation San Francisco New York City 137

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.

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New York City New York Branding Florida 227

PYMNTS

DECEMBER 14, 2018

Retailers are bringing experiential stores to big cities, and Starbucks is no exception: The coffee chain was set to open its Starbucks Reserve Roastery New York City on Friday (Dec. According to the announcement, the offering is available on the retailer’s eCommerce site and at its 1,400 retail locations.

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Retail New York San Francisco Chicago 161

PYMNTS

JANUARY 11, 2021

In today’s top retail news, CarLotz, Inc. Plus, retail rents have fallen to historic lows in the Big Apple amid the coronavirus pandemic. Retail Rents Plummet In NYC As Vacancies Rise. unveiled plans to launch a nationwide hub network, while Build-A-Bear Workshop, Inc. CarLotz Plans Rollout Of US Hub Network.

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PYMNTS

DECEMBER 26, 2019

This year, apps aimed to make it easier and more convenient for consumers to order their favorite foods and sundries, with restaurants and other retailers tapping into delivery. To help bring these options to more consumers, retailers and technology companies decided to join forces.

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