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At home with HOA banking

Independent Banker

Looking for an avenue to increase its deposit base, Academy Bank tapped into a market it hadn’t explored before: homeowners associations. Location: Kansas City, Mo. Academy Bank in Kansas City, Mo., is a full-service commercial bank with 80 branch locations in Arizona, Colorado, Kansas and Missouri. By William Atkinson.

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Walmart’s Allswell Goes On Tour; Target To Expand Debut Of New Loyalty Program

PYMNTS

Startups in the eCommerce space have long enabled their customers to experience their products in real life (“IRL”) through temporary retail shops, and now, digitally-focused brands belonging to major retailers are taking a similar approach. The four-room house, which is a mere 238 square feet, was built for the brand by Modern Tiny Living.

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Car Vending Machine Company Carvana Goes Up Against Wall Street

PYMNTS

This year we expect another year of market-leading growth. Noting that existing Carvana markets grew by 84 percent, he said, “The company’s four oldest markets each more than three years old grew by 50 percent and our oldest cohort of Atlanta grew by 18 percent. New Markets. In 2019, we increased GPU by $750.

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Retail Pulse: Sears To Open ‘Home & Life’ Stores, Amazon Reduces Whole Foods’ Prices

PYMNTS

The locations, which the company said were created based on insights from Sears Appliances & Mattresses stores, are set to be located in Alaska, Kansas and Louisiana. Major appliances, for instance, will be offered from Kenmore along with other brands and showcased “in kitchen and laundry vignettes.”

Retail 101
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Retail Pulse: Madewell Teams With thredUP; Walmart Rolls Out InHome Delivery

PYMNTS

Madewell , for instance, is teaming with thredUP for an offering called “The Madewell Archive,” which is described as a collection of its own branded jeans that it sourced from the reCommerce platform, and follows other recycling efforts from the company. The brand also rolled out a fair-trade denim capsule earlier in 2019.).

Retail 101
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How Payless Beat Back Bankruptcy (And What Retailers Can Learn)

PYMNTS

Like Payless, all “mall brands” were once fed by the foot traffic inherent to their locations and the people drawn in by anchor stores. Most mall brands have perished, but some, like Aeropostale , found a way to achieve life after death with a post bankruptcy buy-out and resurrection.

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Data Dive, Signing On/Signing Off Edition: Amazon, Alipay, Payless And MoviePass

PYMNTS

Amazon is hoping that the wider focus combined with its own in-house talent and content from brands developed in the Amazon Live Creator will find a wider and more engaged audience than its last attempt. After no such deal could be made, the Kansas-based firm decided to initiate preparations to liquidate.

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