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Illinois SMBs Face Tighter COVID-19 Restrictions

PYMNTS

With COVID-19 cases rising in Illinois, operators of small- to medium-sized businesses (SMBs) in heavily populated areas face new shutdowns — measures likely to be all the more painful economically because of looming winter weather that will make options such as outdoor dining unattractive, The Wall Street Journal (WSJ) reported.

Illinois 171
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Amazon Air Expands In A Bid To Better Manage Shipping Logistics

PYMNTS

In a move to better control shipping and logistics, Amazon has been expanding Amazon Air, with 50 new planes and numerous regional hubs, according to a report by CNBC. I think the question is just how quickly they will ramp that operation.”. and this year it’s opening regional hubs in Texas, Ohio, and expanding one in Illinois.

Kentucky 182
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Popular Foundation Awards $216,000 in Grants to Nonprofit Organizations

PopularBank

Notably, grant winners are located throughout the regions Popular Bank serves and focus on the areas of education and youth, health and supported living, and community development. Grant-making decisions are also based on the recommendations of the Region Evaluation Committees that are comprised of Popular Bank employees. New York, NY.

NJ 97
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SMBs Use New Bankruptcy Law To Save Businesses

PYMNTS

June was the top month this year for such filings, with 131 overall, and many were filed in the hardest-hit states like Florida, Texas, California, New York and Illinois. The company’s quick expansion had already saddled it with debt.

Texas 156
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Credit Issues Stalk Malls And Anchor Tenants

PYMNTS

On the optimistic side Elliot Nassim , president of Mason Asset Management, which co-owns the University Mall in Carbondale, Illinois, says: “We have always felt that the retail industry is evolving, despite what doomsday headlines would have you believe. There are about 1,000 malls — both privately and publicly held — operating in the U.S.

NJ 132
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PetSmart Continues Brick-And-Mortar Expansion With More Store Openings

PYMNTS

In a press release, the company said the latest expansion efforts add to the 35 new stores launched during the first half of the fiscal year, bringing the total count of store openings in the region to 63 stores. Canada and Puerto Rico, and the company operates another 207 in-store PetSmart PetsHotel dog and cat boarding facilities.

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Is Amazon’s Delivery ‘Purge’ A Boon To Last-Mile Rivals?

PYMNTS

As reported last week, Bear Down Logistics is no longer working with Amazon, with the firm cutting hundreds of jobs in the wake of that severance, and effectively ceasing operations across five states. There are another 120 workers slated to be let go in Michigan. “We Yet, in a competitive market, pay may matter.

Michigan 196