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Holiday Retail Sales To Hit Highest Since 2005

PYMNTS

Procrastinators and internet shoppers saved the day this holiday season, transforming what was a slow start into the best holiday season for retailers in years. That would represent the largest growth since 2005 when sales increased 6.1 Customer Growth Partners now expects holiday sales growth to come in at 4.9 percent, up from 4.1

Retail 116
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Kirk Muhlenbruck Named Market President for Merchants Bank in Northfield

MerhantsBanks

. – Long-time Northfield resident and experienced community banker, Kirk Muhlenbruck, has been named the new Market President for Merchants Bank in Northfield, according to Dan Massett, Central Region President. Muhlenbruck has more than 30 years of banking experience, serving mainly in senior commercial and retail leadership roles.

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Why The Biggest US Retailer Will Stick To Stamps

PYMNTS

Quick: Who’s the biggest retailer in the U.S.? In terms of sheer size and locations, the United States Postal Service (USPS) is the biggest retailer in the country, with 31,000 locations covering pretty much every town. Now, a new report is asking a good question: What if the post office expanded its retail offerings?

Retail 169
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Klarna creates global ‘Consumer Council’

Bank Innovation

Point-of-sale lender Klarna, which has a banking license in Europe and partners with banks in other markets, is creating a new mechanism to acquire feedback as it evolves its products. The “Consumer Council” will take the form of in-person meetups three times a year in each market.

Marketing 221
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Developing Brick-and-Mortar Stores For QSRs, Sleep Brands

PYMNTS

And in retail, Essentia is ready for its un-Casper-like closeup. Data: 2005: The year Essentia’s founder created a mattress made of organic, non-toxic materials. meal delivery market controlled by DoorDash in October of 2019. Data: 2005: The year Essentia’s founder created a mattress made of organic, non-toxic materials.

Branding 130
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Walmart Speeds Deliveries By Fulfilling Orders At Local Stores

PYMNTS

The new program gives customers fast service by enabling the retail giant to leverage all of its existing resources, while also using less packaging and fewer boxes. Most stores and Neighborhood Market locations will have extended hours and will be open 7 a.m. local time. .

Retail 141
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Will customers tell Barclays to frack off?

Chris Skinner

America’s biggest banks haven’t seen much change to their market share in the last decade, and UK banks have just been getting bigger. That grew to 70% and, excluding the impact of mergers and acquisitions, the four largest banks have lost less than 5% market share since 2005. appeared first on Chris Skinner's blog.

Metro 184