PropTech Newsletter: The Week In News, But Shorter

Tech Tracker: Digital payment solutions become table stakes for restaurants [Nation’s Restaurant News] This month, GoTab and Ansa both announced new digital payment solutions that give operators options for purchasing hardware-free iOS payment capabilities and digital wallets that allow customers to just tap and go without needing to download an app, respectively.

Lessons from Glossier: How Retailers can Move from Digital to Physical [Retail TouchPoints] Glossier, a digital-first brand with a direct-to-consumer model and an Instagram following of over 2 million, opened the brand’s first London pop-up in November 2017 and saw more than 10,000 visitors in one week, while its first shoppable showroom in New York was open for almost two years and earned more revenue per square foot than the average Apple store.

Foot Locker CEO says ‘brick and mortar is never going to be dead’ [CNBC] Foot Locker CEO Mary Dillon told CNBC’s Jim Cramer on Friday that both physical stores alongside online shopping remain important in the retail sector. “Brick and mortar is never going to be dead, and you have to invest in your stores to make them exciting for your customers,” she said.

Here’s how Macy’s strategy of leaving malls, selling stores plays out in Georgia [CoStar] Macy’s is selling two of its stores at a troubled Georgia mall for $16.5 million, advancing its goal of shedding real estate and paving the way for the redevelopment of the once-bustling retail center.

PepsiCo-Partnered AI Recycling Assistant Soon to Hit Malls With Gamified Experience [Consumer Goods Technology] PepsiCo is making recycling easier for its employees and consumers by deploying an AI-powered assistant to improve recycling accuracy, guiding users on appropriately disposing of their containers. The technology will eventually make its way to several public locations, including select malls

The future of shopping malls with Michael Zakkour [Retail Insights Network] Michael Zakkour, founder and chief strategist at retail consulting company 5 New Digital, shares his insights on the future of shopping malls and the trends shaping their transformation.