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US eCommerce Up 49 Pct; Curbside Pickup Soars 208 Pct Since April 1

PYMNTS

The number of orders placed online and picked up at stores surged 208 percent between April 1 and April 20 compared to a year ago, according to Adobe Analytics, CNBC reported. The latest data on customer behavior comes as the Retail Industry Leaders Association (RILA) and National Retail Federation released a Blueprint for Shopping Safe.

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Deutsche Bank, PNC Plan To Reduce Brick-And-Mortar Bank Branch Footprints

PYMNTS

The financial institution said per the report that it would shutter approximately 100 locations throughout the nation, which would shrink its domestic offices to roughly 400. The company has opened a minimum of 13 “solutions centers” in places such as Nashville, Tennessee and Dallas that provide an alternative to the usual bank office.

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Lord & Taylor Joins Retail Bankruptcy Watch

PYMNTS

According to the Dallas Business Journal , JCPenney had a turnaround plan before the pandemic hit. The Journal says that the online presence for Penney’s is lagging and it has already furloughed a majority of its employees. Speculation now moves to JCPenney, which was struggling before the coronavirus pandemic hit. billion in sales.

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5 New Year’s Resolutions For Any Sized Bank That You Must Get Right in 2023

South State Correspondent

Popular projects for 2023 include online loan and deposit onboarding utilizing third-party data to speed the process, compliance-as-a-service, payments, card controls, service case management, leveraging data for customer insights, and providing open banking APIs to customers. Develop a more innovative process.

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Car Vending Machine Company Carvana Goes Up Against Wall Street

PYMNTS

Just ask Carvana, the leading online automotive seller and a major force in changing the way people buy cars. For example, as reported by Forbes, auditor Grant Thornton wrote that “management believes” it can meet its financial obligations through February 2021. Wall Street is a tough master, especially for eCommerce companies.

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Education: By Popular Demand

Independent Banker

These in-depth and timely professional development programs are designed exclusively for community bankers and led by nationally recognized industry experts who know the issues community banks grapple with. It also offers online training available 24/7. Online Education Center. 7–9 in Dallas. Lead FWD Summit.

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Amazon Or Walmart? Who Won 2019’s Race For The Consumer’s Whole Paycheck

PYMNTS

In related grocery delivery news, Amazon Fresh, the company’s online grocery delivery program that pre-existed Whole Foods, dropped its $14.99 As of the end of this year, Walmart is aiming to have free curbside pickup available with 3,100 stores online. per month,” said Stephenie Landry, VP of Amazon’s grocery delivery.

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