Remove Finance Remove Payment Services Remove Planning Remove Store Operations
article thumbnail

Laying the Operational Foundation for Autonomous Stores

Retail TouchPoints

While autonomous stores and technological innovation are high on the retail agenda, the infrastructure and operational efforts that enable them aren’t often given the same broad attention. Grocery retail is rooted in a traditional brick-and-mortar business model, with many longstanding and comprehensive internal processes.

article thumbnail

American Dream Again Misses $8.8 Million Loan Payment

Retail TouchPoints

million debt service payment on municipal bonds sold to help finance the venture, due to insufficient funds. The mall also had missed the previous payment deadline for the same reason in August 2022. The “AD” in the store’s name refers to “American Dream.”) 14 for one floor of a planned two-floor space.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Bed Bath & Beyond Prepares to Wind Down Operations in Chapter 11

Retail TouchPoints

Bed Bath & Beyond has filed for Chapter 11 bankruptcy protection and will implement an orderly wind-down of its businesses while “conducting a limited marketing process” to find one or more buyers for some or all of its assets. It remains to be seen if a court-approved sales process will enable better results for the retailer.

article thumbnail

Streamlining Retail Operations With Innovative Tech Solutions

365 Retail

Luckily, new technology offers solutions to streamline retail store operations, boost operational efficiency, and provide top-notch service. To get started, hiring Kenyatta Computer Services or others should be at the top of your to-do list. Read on for more insight!

article thumbnail

Hit Hard by the Pandemic, Most Minority Business Owners Optimistic About the Future

Retail TouchPoints

Think food services, retail and personal and laundry services, for instance. This included adding ecommerce platforms, touchless payments and contactless delivery such as curbside or buy online, pick up in-store (BOPIS). Reasons cited were that the country’s 1.1 Although disparities continue, certain movements help.

article thumbnail

What Retailers Need to Know About Using New York’s Retail Security Tax Credit

Retail TouchPoints

Hochul’s five-point policy plan aimed at creating more secure environments for both businesses and consumers. May not owe past due local, state or property taxes unless there is a prior, agreed-upon and binding payment agreement. The budget agreement includes the new tax credit among Gov.

article thumbnail

4 Ways Retailers Can Add Crypto Successfully

Retail TouchPoints

Many people in finance and retail considered 2021 the “year of the cryptocurrency.” Another major sign of broad usage and acceptance came with Walmart’s move to offer Bitcoin purchasing and selling through Bitcoin ATMs in 200 of its store locations. This included placing the machines in 24-hour gas stations and convenience stores.