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Nonprofit Supports Community Entrepreneurs Amid Pandemic

PYMNTS

But what about the entrepreneurs who are still hanging onto their dreams of starting a retail business? Quite the contrary,” says Bob Brennan, chairman of the National Expansion Council and one of the directors of a nonprofit organization called Entrepreneurship for All (EforAll) based in Boston, Massachusetts. “I

Community 148
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Retail Pulse: Nike Opens Atlanta SNKRS Pop-Up; FAO Schwarz Plans London Store

PYMNTS

Beyond the pop-up shop, the retailer is opening a “Studio of Dreams” Super Bowl Content Studio on the same block. In addition, Nike said that the space has a “turf-covered training space ripe for working out.”. It has also been reported that the retailer has shuttered roughly two locations each year in recent times.

Atlanta 127
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AI and generative AI use cases in banking: 6 real-world examples

Abrigo

But Boston Consulting Group (BCG) says generative AI serves a fundamentally different purpose than predictive AI, which is the powerful tool with which many financial institutions are already familiar. The greatest absolute gains forecast (largely from increased productivity) are tied to corporate and retail banking.

Examples 195
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Efficiency now: 8 smart strategy tips

Independent Banker

Fallout from recent global events presents an obstacle to generating revenue for community banks. Since COVID-19, profitability planning for community banks has mainly hinged on how the government was coping with the pandemic and the key role financial institutions played in keeping the economy afloat. By Elizabeth Judd.

Strategy 135
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Bringing Luggage Storage Into The Digital Age

PYMNTS

They can then select a host, which could be, say, a retail store or hotel, and enter their drop-off and pick-up times in addition to their number of small and/or large bags. They’re “the fabric of all these different communities” in all these major cities, he noted.

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23 VC-Backed Brick & Mortar Startups Changing The Face Of Main Street

CB Insights

As internet retailers are expanding their operations into brick-and-mortar operations (think Warby Parker, Argent, Bonobos, and BaubleBar ), venture capitalists are also investing in “physical-first” startups focused on creating new brick-and-mortar business models. New Frontiers in Retail Tech. How will we shop in 2020?

Maine 70
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Talking in a Digital World

Independent Banker

Customer contact centers are reshaping retail service for the technology age. Increasingly, more digitally connected consumers are saying yes to that question with their community bank. For many community banks, telephone calls still generate the highest volumes of customer service interactions. Bob Meara, retail banking expert.