Ohio Bill Urges Govt. To Adopt Blockchain

PYMNTS

Blockchain got a boost last week after the Ohio House Of Representatives introduced a bill that would let state government agencies use blockchain technology. According to Cleavland.com , the bill sponsored by Ohio Representative Rick Caragna is part of the state’s efforts to build a legal framework for the technology that underpins cryptocurrencies such as bitcoin. Ohio has been pushing to incorporate blockchain into government for some time.

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Overstock To Pay Some Ohio Business Taxes With Bitcoin

PYMNTS

3) that it will pay a portion of its state business taxes in Ohio in bitcoin, becoming the first major U.S. In a press release , Overstock said it plans to pay its commercial activity taxes (CAT) in Ohio this coming February using the state’s recently launched OhioCrypto.com platform, which lets taxpayers pay state business taxes with bitcoin. Ohio is the first U.S. Cryptocurrency bitcoin cryptocurrency News ohio taxes What's Hot

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Ohio mutual lines up deal for southern Virginia bank

American Banker

First Mutual Holding has agreed to buy Martinsville First Savings Bank, which will retain its charter, brand and management team. Community banking M&A Mutual banks

Online Brands Focus On Mobile For Custom Children’s Eyeglasses

PYMNTS

The glasses are built at the company’s Youngstown, Ohio facility with state-of-the-art materials via 3D laser sintering. Entrepreneurs often start companies stemming from their personal experiences. Heidi Hertel founded Fitz Frames , for instance, after her experiences with buying eyeglasses with her children. She has three kids, and two of them have worn glasses since they were toddlers. “I

Reinventing The Baby Care Market With Exclusive ‘Premium’ Brands

PYMNTS

Major retailers are pitching premium baby care products at a less-than-premium price tag with the help of exclusive brands: Walmart is offering Hello Bello exclusively at its stores and its website (and that of the brand). The brand seeks to position itself as a value-oriented play for parents, with a little help from celebrity Hollywood co-founders Kristen Bell and Dax Shepard. It is also reportedly the inaugural brand rolled out under a platform called Launched.LA.,

The Limited Brand’s Days Could Be Limited

PYMNTS

28, the Limited brand filed a WARN notice with the Ohio Department of Job and Family Services, which included a statement that “a mass layoff” — up to 248 employees — will occur and that its headquarters may be closing in New Albany, Ohio. According to Bloomberg , the brand pulled in Kirkland & Ellis to be its legal adviser and Guggenheim Securities and RAS Management Advisors for help with a debt restructuring and any asset sale.

Retail Pulse: DSW Expands In-Store Experiences; L Brands Plans Store Closures

PYMNTS

DSW began working with W Nail Bar in 2017; the two companies offer salon services at Columbus, Ohio’s Easton Town Center and the Polaris Fashion Place. Austin, Texas; and Dublin, Ohio. They also create repeat visits to the DSW brand, where an exciting footwear assortment awaits.”. L Brands plans to close approximately 53 Victoria’s Secret locations this year as it curtails investments in new and renovated stores.

Can Big Brands Survive On The Store-Within-A-Store?

PYMNTS

Retailers as dependent on a brick-and-mortar footprint as Macy’s don’t always have the luxury of fixes to pick from if their stocks experience the continuous slide that the former tentpole brand’s has. Where else but Columbus in the heart of Ohio, America’s test market, would Macy’s choose for its flagship for a new generation?

First Defiance rebrand to reflect recently closed merger

American Banker

The Ohio company, which bought United Community Financial in February, will start operating as Premier Bank later this summer. Community banking M&A Branding

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Retail Brands Rethink GOP Convention Support

PYMNTS

What retail brand wouldn’t want a piece of that action, to gain exposure by plastering its name all over the Quicken Loans Arena in Cleveland, Ohio, this July? Retail brands live and die, effectively, according to the temperature of the majority of their consumers. Retail brands that are in the midst of pondering their involvement in the event need to weigh the pros and cons of either decision based largely on the friction likely to result.

Creating A Mainstream US CBD Market

PYMNTS

CBD products may be “everywhere,” Green Growth Brands CEO Peter Horvath told PYMNTS, but knowing what one is getting, how it was made and whether or not one is even allowed to have it pose more complex questions in a market like the U.S. Ohio-based Green Growth Brands is a publicly-traded cannabis firm that has a simple but pretty expansive mission. “We retail CBD space with an extensive line of health and wellness products, under the brand name Seventh Sense.

1-800-FLOWERS.COM, Michaels To Hire Thousands Of Seasonal Workers

PYMNTS

COM intends to hire more than 10,000 seasonal workers throughout its upscale food and gifting brands for the 2020 holiday season. COM said that seasonal job opportunities differ by brand, encompassing part-time and full-time positions in key divisions like customer service and gift assembly.

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B2B Payment Terms Take A Hit From COVID-19

PYMNTS

In addition to seeking excess discounts and canceling orders, the vendors have revealed delayed payment practices in Transformers' new report, "Ending Unethical Brand and Retailer Behavior: The Denim Supply Chain Speaks Up."

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Chipotle To Hire Up To 10K New Employees

PYMNTS

I think the industry is going to make a shift here, and I think the brands that have positioned themselves digitally will be the benefactors early on and other brands will have to follow suit,” Chipotle Chief Restaurant Officer Scott Boatwright told Karen Webster in a PYMNTS interview. Chipotle also announced it would be opening its 100th Chipotlane drive-thru digital order pickup lane in the Sunbury, Ohio, later this month.

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Kroger Expands Home Chef Meal Kit Offerings To New Stores

PYMNTS

“Home Chef is proud to continue our evolution toward becoming more than a meal kit delivery brand,” said Pat Vihtelic , Home Chef’s founder and CEO. ” Home Chef retail meal kits are currently available in Kroger’s Family of Stores across multiple markets, including Illinois (Mariano’s), Kentucky (Kroger), Michigan (Kroger), Ohio (Kroger, Cincinnati ) and Wisconsin (Pick ‘n Save and Metro Market).

CVS Health On Track To Rehab Over 1,000 Stores

PYMNTS

Dallas-Fort Worth, Boston, Ohio and North Carolina are among the next markets the pharmacy chain is targeting for the growth of HealthHUB in 2020. The “Village Medical at Walgreens” branded 2,500 square-foot clinics will offer comprehensive primary care services, integrated with nurses, social workers and pharmacists to meet all the needs of customers.

How the PPP + Technology Means MBL Growth and More for Credit Unions

Abrigo

Technology can facilitate delivery on credit unions' brand promise of relationship-based services. Credit unions like Telhio Credit Union in Central Ohio had employees working around the clock to help with PPP loans, and they used an SBA lending solution that automated the origination process, as well as the forgiveness and administration phases. In fact, it was Ohio’s top SBA lender among credit unions.

Darkstore eCommerce Fulfillment Firm Raises $21M

PYMNTS

including Honolulu, Toledo, Ohio and Omaha, Nebraska. Brands without local inventory can use Darkstore’s storage space to ship the same-day. Obviously, it’s in a brand’s best interest to be able to meet those demands. The amazing team at Darkstore has built a platform-agnostic, cost-effective way for brands to do so, and in the process has unlocked a new revenue stream for urban infrastructure, and created valuable partnerships with last-mile delivery services.”.

The Limited: Out With Stores, In With eCommerce

PYMNTS

28, the Limited brand filed a WARN notice with the Ohio Department of Job and Family Services, which included a statement that “a mass layoff” — up to 248 employees — will occur and that its headquarters may be closing in New Albany, Ohio. The private equity owner of the Limited almost doubled its investment in the retailer, despite the fact that nearly all of the chain’s 250 stores are expected to be shut down after disappointing third quarter financial numbers last month.

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Simon Says It Hopes To Save Struggling Mall Retailers

PYMNTS

Simon added that the company would be selective in supporting retailers, only buying into brands with volume. Simon also announced a partnership in May with Ohio-based marijuana company Green Growth Brands to open 108 locations this year at its properties, including Roosevelt Field Mall in New York and The Galleria in Houston. Simon Property Group , the biggest mall owner in the U.S.,

Amazon Becomes World’s Most Valuable Company

PYMNTS

Two stores – one in Monroe, Ohio and one in Redmond, Washington – will have digital shelving displays that will keep prices updated in real time, and digital ads that are customized to each shopper. Think about how you can expose your brand,” the source told Reuters. There’s a new king of the mountain in the seemingly endless tussle between the world’s four largest companies – Amazon, Microsoft, Alphabet and Apple. On Monday (Jan.

Walmart’s Allswell Goes On Tour; Target To Expand Debut Of New Loyalty Program

PYMNTS

Startups in the eCommerce space have long enabled their customers to experience their products in real life (“IRL”) through temporary retail shops, and now, digitally-focused brands belonging to major retailers are taking a similar approach. News this week came that Walmart ’s Allswell brand will be letting customers see its mattresses and home products in a tiny house that is touring the country.

Deliverr Raises $7.1M In Venture Funding Led By 8VC

PYMNTS

Deliverr has ten warehouses in states including Texas, Missouri, Pennsylvania, Ohio, and New Jersey. The report noted that the startup keeps its packaging brand neutral so that any marketplace can use its services. Deliverr , the startup that enables Walmart, eBay, and Shopify to have two-day shipping delivery options that allow them to compete with Amazon Prime, raised $7.1 million in a round of venture funding.

Zillow Brings Fast Cash Home Selling Platform To South Florida

PYMNTS

We’re on a mission to transform real estate by creating a seamless experience through Zillow Offers — no more open houses or worrying about when your home will sell,” Zillow Brand President Jeremy Wacksman said in the release. Upcoming locations include Austin, Texas; Cincinnati, Ohio; Los Angeles, Oklahoma City, and more.

Mall Now A Four-Letter Word For Some Operators?

PYMNTS

Consider Parmatown Mall, in Parma, Ohio, which has been refashioned as The Shoppes at Parma. That would include the Mall at Short Hills, where, for example, Bill Taubman, COO of the New Jersey mall’s owner, Taubman Centers, said making a name change would “undo years of brand recognition and value for little return.”. Turns out “mall” is a passé, a name, a nomer that hearkens back to the musty days of the 80s.

Simon CEO Won’t Promise Tough Retail Times Are Over

PYMNTS

In addition, Simon announced a partnership with Ohio-based marijuana company Green Growth Brands to open 108 locations this year at its properties, including Roosevelt Field Mall in New York and The Galleria in Houston. While the CEO of the country’s biggest mall owner thinks that retail store closures will slow down this year, he added that he “can’t guarantee it.”. “I

Lidl’s Tactical Retreat In The US

PYMNTS

Small but mighty, German discount grocer Lidl — a brand known for not only its low prices, but also its innovative store layouts and private labels, including clothing — has already gobbled up 3 percent of local market share since the chain came to Winston-Salem, North Carolina, in June 2017. Now, Lidl has added Beavercreek, Ohio, to the list of cities snubbed.

Retail Pulse: The Price Must Be Right

PYMNTS

Brands like TJX , Macy’s , craft and fabric retailer Joann , and Walmart ’s ModCloth are trying on smaller-format, off-brand and off-price destinations with features and experiences tailored for the digital-first generation. It seems more likely that these brands will uncover their key rather than some universal master retail key that can solve the brick-and-mortar challenge across the board. Here’s what these big brands are trying on for size.

Amazon Sends Free Samples To Consumers

PYMNTS

Amazon helps you discover products you might love by sending you FREE samples from new and established brands,” the company said on its website. “It’s Two stores – one in Monroe, Ohio and one in Redmond, Washington – will have digital shelving displays that will keep prices updated in real time, and digital ads that are customized to each shopper.

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Partnering Helped Restaurants Meet Demands During Pandemic

PYMNTS

Business survival amid the global pandemic has been a challenge but some brands were able to leverage the situation by tapping technology and turning lemons into lemonade. The company highlighted five brands — Little Greek Fresh Grill, Local Cantina, Zukku Sushi, Elote Mexican Kitchen and Oliva Italian Eatery — that leveraged its technology help people “in these unprecedented times,” Ridgely said. Local Cantina in Ohio used Paytronix to sell margaritas to go.

Kroger And Ocado Choose Fulfillment Center Site

PYMNTS

The Ohio facility is a warehouse that has robotic and digital functionality, Kroger said in a press release. In an announcement at the time, McMullen said, “This concept brings together the best of two great brands to rethink convenience and redefine the way America shops for food.” Kroger and U.K. online supermarket operator Ocado have unveiled a site in a Cincinnati suburb as the site of a high-tech customer fulfillment center (CFC).

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Darden Cyberattack Puts 567K Cards At Risk

PYMNTS

In a press release , the restaurant chain operator said it was notified on August 16, 2018, by federal authorities that a legacy point-of-sale system for some of its Cheddar’s Scratch Kitchen restaurants, a brand acquired by Darden last year, may have been compromised via a hack that involves restaurants in 23 states. Darden Restaurants announced Wednesday (August 23) that the data on 567,000 payment card numbers may have been exposed.

How Olivela Wants To Save The World Selling Luxury Items

PYMNTS

We launched with a dozen luxury brands, and now feature 225 of the world’s best brands,” Boyd said in an interview. Our partnership with the brands is what makes all of this possible.”. There are, however, smaller cosmetic offerings from upscale (if not designer) brands that fall in the more affordable $20-$30 price range, and will purchase a day or so of schooling for someone who needs it.

Paya President Details Stewardship Buy, Growth In Nonprofit Space         

PYMNTS

Payments solution firm Paya said Thursday (November 1) that it has acquired Stewardship Technology, an Ohio-based PayFAC focused on nonprofits, faith-based organizations and educational enterprises. The companies noted on Thursday that Stewardship Technology’s brand will continue to be used in its respective marketplaces, and will be integrated into Paya’s technology suite.

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Visa, Mastercard May Reach Settlement In Card Swipe Fee Suit

PYMNTS

The ruling, in the case Ohio vs. American Express , was handed down with a 5-4 vote. Amex’s practices, he stated, have fostered “robust inter-brand competition and has increased the quality and quantity of credit card transactions.”. More than a decade after merchants brought a class-action suit against Mastercard , Visa and card-issuing banks in 2005, a settlement between the parties is reportedly in the works.

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