Retail

Retail
Can Sports And Entertainment Really Spark Mall Revivals?
January 08, 2020

Long live physical retail. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing...

Retail
Apple’s App Store Generated About $50B In 2019 Revenue
January 08, 2020

With an increase from the $120 billion made known in January 2019, Apple has paid $155 billion to developers as of 2008. According to a CNBC analysis, Apple’s App Store had sales maxing out at $50 billion last year – with the assumption that developers...

Retail
Holiday Shoppers May Have Favored Non-Mall Retailers
January 08, 2020

Department store chains in the United States might have experienced another disappointing holiday season, with the category of retailers that includes Macy’s, Nordstrom and JCPenney seeing overall sales drop 1.8 percent from Nov. 1 to Dec. 24, per Mastercard Spending Pulse. Get the Full Story...

Retail
Mall Vacancy Rate Reaches 20-Year High
January 07, 2020

U.S. shopping malls have reached the pinnacle of struggle, with empty shops hitting a 20-year high, the Financial Times (FT) reported on Tuesday (Jan. 7). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
Bringing Luggage Storage Into The Digital Age
January 07, 2020

Before Peter Korbel started the StoreMe luggage storage service, he lugged around a gym bag and didn’t like bringing it to his meetings. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Retail
How Auto Sales Are Driving New Retail Trends
January 07, 2020

The longstanding practice of selling automobiles is getting a change — reflecting larger trends in commerce. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...

Retail
Fixing The Fresh Food Supply Chain With AI
January 07, 2020

Fresh foods present a singular problem for grocers when it comes to keeping the shelves stocked. They don’t come with expiration dates stamped on, they tend to vary in terms of quality and seasonal availability, consumer preferences are highly variable and they have a relatively short...

Retail
Uber Joins Forces With Hyundai Motor For Flying Taxis
January 07, 2020

To join the burgeoning rush to roll out flying cars in large cities, Uber and South Korea’s Hyundai Motor are joining forces to create air taxis. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
Tesla To Create Original Car In China
January 07, 2020

As Tesla delivered the first Model 3 vehicles from the company’s Shanghai factory to the public, CEO Elon Musk said the electric automaker would design a future car in China for global consumption. He noted that the company would bring an engineering and design center...