Identity verification firm SheerID has debuted a tool to authenticate in-store shopper IDs. SheerID InStore, announced Thursday (March 14), allows retailers to more easily verify the eligibility of in-store customers for gated offers to “coveted communities” like students, teachers, and healthcare workers. “With the addition of SheerID...
Simon Property Group is leveraging technology to maintain shoppers’ visits to on-site stores in the face of growing competition from eCommerce players. The largest mall owner and developer in the U.S. has driven revenue increases, reporting Monday (Feb. 5) that, in the final quarter of 2023, it...
In the latest sign of trouble for the mall, several national retailers are moving outdoors. That’s according to a Monday (Jan. 15) Wall Street Journal (WSJ) report, which said that a number of brands are turning to shopping centers and strip malls after seeing those locations...
All around America, the “zombie mall” phenomenon is taking hold. As The Wall Street Journal described in a report Sunday (Nov. 26), hundreds of these malls now dot the U.S., with more stores closed than open. Older, lower-end shopping centers have lost at least half and,...
January 20, 2020
’Tis the season for … looking back at 2019 holiday sales trends, and figuring out what they mean for payments and commerce so far. Based on the incoming data, it seems that Amazon might not be the traffic driver some retailers expect, that the consumer experience experiment is going well, that mobile wallets might be […]
August 02, 2017
There’s been no shortage of speculation — including doomsday declarations — about the potential impact of automation, smart technology and artificial intelligence (AI) on the employment market. But could a realistic future...
May 05, 2017
From devices that can clean a user’s house with just a simple request to dryers that can restock dryer sheets automatically, IoT technology is turning common household items into entirely...
May 06, 2024
Simon Property Group has seen a “big comeback” in malls, driven in part by domestic tourism. The company, which is a real estate investment trust that owns shopping, dining, entertainment and mixed-use destinations, saw its occupancy rise 1.1% year over year (YoY) and reach 95.5% as of March 31, Simon said in a Monday (May 6) earnings […]
March 14, 2024
Identity verification firm SheerID has debuted a tool to authenticate in-store shopper IDs. SheerID InStore, announced Thursday (March 14), allows retailers to more easily verify the eligibility of in-store customers for...
January 15, 2024
In the latest sign of trouble for the mall, several national retailers are moving outdoors. That’s according to a Monday (Jan. 15) Wall Street Journal (WSJ) report, which said that...
November 26, 2023
All around America, the “zombie mall” phenomenon is taking hold. As The Wall Street Journal described in a report Sunday (Nov. 26), hundreds of these malls now dot the U.S.,...
