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Schmidlap Bank, A Division of Community Bank

Jeff For Banks

Perhaps there is little evidence of the benefit of your 100-year brand, so it's a difficult argument to make. In more recent merger discussions, however, I have heard more refreshing arguments that it is not necessary to re-brand every nook and cranny of your bank into one.

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Retailers Cancel $1.5B In Bangladesh Clothing Orders Amid Coronavirus

PYMNTS

Huq said, per the report, “Brands who were partners last month have all turned into strangers. We call upon the international community to surface with a renewed pledge to support the workers of Bangladesh, if not just the businesses.”. The economic shortfall could reach up to $1.5

Retail 134
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FUEL CYCLE Fuels B2C Relationships

PYMNTS

The data collected through these online communities gives brands the insights they need to make real-time decisions that serve the commerce king: the customer. According to Forrester, brands face a 50 percent higher revenue risk in 2017. Brands must either disrupt or be disrupted. PYMNTS: Why was the company founded?

Branding 103
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Retail Pulse: 7-Eleven Tests Cashierless Tech; Staples Debuts Connect Store Concept

PYMNTS

Staples is thinking creatively with a new store format that spotlights coworking, podcasting and community events. Its offerings include a 500-square-foot community space for meetings, workshops and speaker sessions. The company works with around 100 brands in total. On another note, IKEA will reportedly close a U.K.

Retail 143
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Why The Avon Lady Is Learning To Knock On Digital Doors

PYMNTS

Though Avon in some ways the great-grandfather of every direct-to-consumer brand out there today, when the company got its start in 1836 the original goal wasn’t even to sell cosmetics or beauty products at all. In 1929 the firm officially switched its name and branding to Avon — and the rest, as they say, is history.

Branding 159
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Community Financial Institutions: Parking Lot for the Benjamins

Jeff For Banks

This has kept investment options for community financial institutions at historic lows. Community FIs are experiencing similar activity from their Main Street customers. Community FI customers are parking their money waiting for better, more certain times. Low loan demand further exasperates the challenge.

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American Greed: Can being an honest broker be banks and credit unions competitive advantage?

Jeff For Banks

According to a 2012 Boston College Center for Retirement Research study , 63% of American males (why only males I do not know) participated exclusively in defined contribution (DC) retirement plans in 2007, up from 47% in 1992. Those that participated in defined benefit (DB) pension plans was 16% in 2007, down from 31% in 1992.

Boston 84