CLEAR opens its first non-airport TSA PreCheck enrollment location at Mall of America in Bloomington, Minnesota.
Quiver AI Summary
CLEAR has announced the opening of its first non-airport TSA PreCheck enrollment location at the Mall of America in Bloomington, Minnesota. This new site enhances CLEAR's network, which already includes 52 airport locations and select Staples stores nationwide. The mall location will provide convenient enrollment and renewal services for the Trusted Traveler program, catering to the millions of visitors the mall attracts annually. The enrollment center will operate Monday through Saturday from 11 a.m. to 7 p.m. and Sunday from 11 a.m. to 6 p.m., with no appointment needed. CLEAR's CEO emphasized the program's benefits in facilitating a quicker and easier travel experience, while Mall of America's marketing officer highlighted the collaboration as a way to enhance visitor convenience.
Potential Positives
- CLEAR has expanded its presence by opening its first non-airport location for TSA PreCheck enrollment and renewal services at Mall of America, enhancing accessibility for consumers.
- The partnership with Mall of America leverages a high-traffic location, potentially increasing consumer engagement and enrollment in the Trusted Traveler program.
- This expansion aligns with CLEAR's commitment to convenience and growth, as they plan to open additional locations and extend hours for enrollment and renewals in 2024 and 2025.
- The new location allows for quicker enrollment with no appointments necessary, providing a smoother travel experience for customers.
Potential Negatives
- Expansion into non-airport locations may suggest a limit in growth potential within the core airport-focused market, potentially signaling a need for diversification.
- The reliance on non-airport enrollment locations could indicate diminishing demand or saturation at existing airport sites, raising concerns about future profitability.
- The necessity of forward-looking statements warns investors of inherent risks, which could affect stock performance and investor confidence.
FAQ
What is the new CLEAR location at Mall of America offering?
The new CLEAR location provides TSA PreCheck enrollment and renewal services, the first non-airport site in Bloomington.
Where can I find CLEAR's TSA PreCheck services?
CLEAR's TSA PreCheck services are available at the Mall of America and select Staples stores across the U.S.
Are appointments required for TSA PreCheck enrollment at Mall of America?
No appointments are necessary; customers can enroll or renew services at the CLEAR location during operating hours.
What are the operating hours for CLEAR at Mall of America?
The location is open Monday through Saturday from 11 a.m. to 7 p.m. CT and Sunday from 11 a.m. to 6 p.m. CT.
How does TSA PreCheck benefit travelers?
TSA PreCheck members enjoy faster security screening, allowing them to keep shoes and light jackets on and minimizing wait times.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$YOU Insider Trading Activity
$YOU insiders have traded $YOU stock on the open market 24 times in the past 6 months. Of those trades, 0 have been purchases and 24 have been sales.
Here's a breakdown of recent trading of $YOU stock by insiders over the last 6 months:
- KENNETH L. CORNICK (President & CFO) has traded it 7 times. They made 0 purchases and 7 sales, selling 979,935 shares.
- INVESTMENTS II, LLC ALCLEAR has traded it 6 times. They made 0 purchases and 6 sales, selling 900,000 shares.
- DENNIS W. LIU (Chief Accounting Officer) has traded it 5 times. They made 0 purchases and 5 sales, selling 4,500 shares.
- MICHAEL Z BARKIN has traded it 2 times. They made 0 purchases and 2 sales, selling 25,000 shares.
- JEFFERY H BOYD sold 150,000 shares.
- RICHARD N. JR. PATTERSON (CISO) has traded it 3 times. They made 0 purchases and 3 sales, selling 16,000 shares.
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$YOU Hedge Fund Activity
We have seen 180 institutional investors add shares of $YOU stock to their portfolio, and 147 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- BLACKROCK, INC. added 5,849,445 shares (+59.5%) to their portfolio in Q3 2024
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- FOXHAVEN ASSET MANAGEMENT, LP removed 2,645,678 shares (-100.0%) from their portfolio in Q2 2024
- WELLINGTON MANAGEMENT GROUP LLP added 1,899,515 shares (+inf%) to their portfolio in Q3 2024
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- CAPITAL WORLD INVESTORS removed 1,600,000 shares (-100.0%) from their portfolio in Q2 2024
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Full Release
BLOOMINGTON, Minn. and NEW YORK, Dec. 12, 2024 (GLOBE NEWSWIRE) -- CLEAR (NYSE: YOU), an authorized TSA PreCheck enrollment provider, continues to expand locations outside the airport environment to enroll and renew consumers in the Trusted Traveler program by opening a new location at Mall of America, the largest shopping and entertainment complex in North America, located in Bloomington, Minnesota. This marks CLEAR's first non-airport location in Bloomington, for TSA PreCheck enrollment and renewal services, complementing its 52 airport-based enrollment and renewal locations across the U.S. TSA PreCheck enrollment and renewal services through CLEAR are also available at select Staples stores nationwide.
The launch of this new enrollment location, located on the main floor of Mall of America, represents the ongoing expansion of CLEAR's national TSA PreCheck enrollment footprint. Throughout 2024 and 2025, CLEAR will continue delivering convenience to consumers by launching additional locations and extended hours of operation for enrollment and renewals.
"TSA PreCheck with enrollment by CLEAR provides a fast and efficient travel experience,"
said CLEAR CEO Caryn Seidman-Becker.
"We're excited to bring this trusted traveler program to Mall of America, North America's largest shopping and entertainment hub. This new location is a win-win for travelers, delivering greater convenience with expanded enrollment options beyond the airport."
"We are thrilled to partner with CLEAR to bring TSA PreCheck enrollment and renewal services to Mall of America,"
said Jill Renslow, Chief Business Development & Marketing Officer at Mall of America.
"As a premier destination for millions of visitors each year, we are always seeking innovative ways to provide added convenience and value to our guests. This collaboration allows travelers to take advantage of a trusted program in a unique, accessible location, making their travel journey even smoother."
Hours of operation are Monday through Saturday from 11 a.m. CT to 7 p.m. CT and Sunday from 11 a.m. CT to 6 p.m. CT. No appointments necessary for enrollment or renewal services.
TSA PreCheck members benefit from the convenience of keeping shoes, belts and light jackets on through the airport security checkpoint, and keeping laptops and 3-1-1 compliant liquids in carry-on bags. Members typically get through security screening much faster, with about 99% of members waiting less than 10 minutes at airport checkpoints nationwide.
New TSA PreCheck applicants can pre-enroll or find an enrollment location by visiting the authorized CLEAR's authorized TSA PreCheck website,
. Most existing TSA PreCheck members can renew directly on the website, regardless of the provider they enrolled with originally.
A list of CLEAR enrollment locations for TSA PreCheck is included below, and on the CLEAR, TSA PreCheck website:
.
About TSA PreCheck
TSA PreCheck is a Department of Homeland Security (DHS) Trusted Traveler program that allows enrolled travelers expedited screening through airport security. TSA PreCheck lanes are located at over 200 airports with nearly 100 airlines participating. Since TSA first launched the TSA PreCheck application program as a
DHS Trusted Traveler Program
for low-risk travelers in December 2013, active membership in the program has grown to more than 20 million members.
About CLEAR
CLEAR's mission is to create frictionless experiences. With over 27 million Members and a growing network of partners across the world, CLEAR's identity platform is transforming the way people live, work, and travel. Whether you are traveling, at the stadium, or on your phone, CLEAR connects you to the things that make you, you – making everyday experiences easier, more secure, and friction-free. CLEAR is committed to privacy done right. Members are always in control of their own information, and we never sell Member data. For more information, visit clearme.com.
About MALL OF AMERICA
At 5.6 million square feet, Mall of America is the largest shopping and entertainment complex in North America with up to 520 world-class retail stores and restaurants; Nickelodeon Universe, a 7-acre indoor theme park; SEA LIFE Minnesota Aquarium; FlyOver America; Crayola Experience; and more. The Mall opened in 1992 and is located in Bloomington, Minn., minutes from downtown Minneapolis and St. Paul and adjacent to MSP International Airport. Follow Mall of America on Facebook, Instagram, X, and TikTok. Listen to So Much More – a Mall of America podcast, on all major platforms or watch on YouTube. Download the Mall of America app from the App Store for iOS or Google Play for Android.
Forward-Looking Statements
This release may contain statements that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that any and such forward-looking statements are not guarantees of future performance or results and involve risks and uncertainties, and that actual results, developments and events may differ materially from those in the forward-looking statements as a result of various factors, including those described in the Company's filings within the Securities and Exchange Commission, including the sections titled "Risk Factors" in our Annual Report on Form 10- K. The Company disclaims any obligation to update any forward-looking statements contained herein.
CLEAR
media@clearme.com
This press release was published by a CLEAR Verified individual.
