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How many online sales are retailers losing?
Even as digital commerce keeps growing, retailers are losing a sizable amount of potential online business.
According to the new Pymnts.com Checkout Conversion Index (CCI), retailers stand to lose as much as 36% of online sales due to frictions that remain from discovery through checkout, and could lose additional sales during payment processing.
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Retail leasing now complete for historic 841 Broadway in Manhattan
The Feil Organization announced Maison Kayser will bring its artisanal breads and baked goods to Union Square, signing a 15-year lease at the historic 841 Broadway for its eighth location in Manhattan, New York.
The bakery will occupy 3,000 sq. ft. on the ground and mezzanine floors of the 108,000 sq. ft., eight-level Romanesque building, completing its retail portion.

