Remove Boston Remove Marketing Remove Regional Remove Trends
article thumbnail

Digitization Could Halt Corporate Banks’ Shrinking Profits, Analysts Say

PYMNTS

The Boston Consulting Group (BCG) has released a new report that suggests corporate bankers may be able to halt shrinking profits through digital transformation. The trend is even worse among Western European FIs, with shrinking profits prevalent among 57 percent of institutions in this region, reports said.

Boston 109
article thumbnail

Early Days: AI Shows Promise And Limitations For Retailers

PYMNTS

Suppose a regional fashion retailer with an eCommerce presence has 100,000 customers in its data base. On the selling side, enhanced methods of customer profiling alongside increasing amounts of available customer data could revolutionize the marketing and selling processes for retailers, especially online. Round one: AI wins.

Retail 203
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Retail Pulse: Stop & Shop To Deploy Autonomous Vehicles; Chico’s FAS Plans To Close 250 Stores

PYMNTS

With the help of Robomart , a startup based in California, the grocery chain plans to bring produce, convenience items and meal kits to the customers’ doors through roving autonomous mobile stores in the Boston area. In other news, Whole Foods Market is reportedly scrapping its plan to expand its 365 stores.

Retail 129
article thumbnail

How to Offset an Evaporating Data Center

Gonzobanker

And core and infrastructure services that have largely been deployed in-house, like email, directory servers and file servers, are trending heavily toward outsourcing. Attracting and keeping technology talent at a regionally based financial institution is a constant struggle. Tech Talent Famine. Maintenance and Speed to Updates.

Data 63
article thumbnail

Walmart Amazon Whole Paycheck Tracker: Physical Footprints, Grocery Gains

PYMNTS

Big Play of the Week: The Power of Prime Day to Move Markets . But this week, care of a report from Bank of America , the world learned that Amazon Prime Day also has the power to numerically move the entire retail market for that entire month. Stores on the March: Seattle, Boston and Nashville .

Retail 108
article thumbnail

2021 GonzoBanker Awards

Gonzobanker

From nowhere, sizable regional players are being created. For the past four-plus years, Chesler has guided Glacier through continued growth and successful acquisitions across the West, all while staying true to Glacier’s local market culture. Performance and multiples continue to be solid, outperforming most regional banks.

Fintech 147
article thumbnail

The Strange World Of Summer Retail

PYMNTS

The Good … The really good news about summer for retailers is that the temperature is their ally — well, at least for those retailers in the Northeast, assuming that it warms back up again in Boston (from 92 to 62 in 24 hours is a bit much …). In an average year, the trends are on a merchant’s side.

Retail 100