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CRE risk management: Navigating hazards and opportunities

Abrigo

WATCH Takeaway 1 Banks and credit unions are critical sources of capital for businesses in their communities, so how institutions assess CRE credits matters. Takeaway 2 Advisors recommend that financial institutions look behind some of the headlines and examine their own markets before ruling out CRE altogether.

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Analyst Sees $40B Market Cap For Lululemon

PYMNTS

“Assuming LULU can sustain an NKE-like free cash flow multiple, we see a path to a $40 billion market cap. We view LULU growth, durability and ROIC [return on invested capital] profile as most similar to NKE,” Analyst John Kernan said in a note to clients on Tuesday (December 3).

Marketing 131
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Team USA Launches Omnichannel Strategy For Olympic Retail

PYMNTS

Fanatics , a company that sells Team USA merchandise, has taken a novel approach to Olympic retail this year with a physical store in a major U.S. The store marks a milestone for Team USA: It’s their first in-person retail store outside the Olympic Training Center in Colorado. Retail Gold. The Economics.

Retail 118
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Deliverr Puts $40M On The Board To Battle Amazon

PYMNTS

Yesterday, the smaller-scale fulfillment company closed $40 million in Series C funding, led by Activant Capital, bringing its total capital raised to $70 million. In the age of Amazon, achieving success in this market takes dozens of fulfillment centers, advanced logistics and sophisticated enterprise technology.

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Retail Pulse: Walgreens To Test Drone Deliveries; Walmart To Relaunch Scoop

PYMNTS

Retailers are testing drone delivery to grow their omnichannel offerings and provide “store to door” on-demand service to their customers. Christiansburg was chosen as the test market because Wing has been working with Virginia Tech in nearby Blacksburg to pilot the drone deliveries. Walgreens Boots Alliance, Inc.

Retail 112
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22-Year-Old Entrepreneurs Win ‘Shark Tank’ Deal For Quevos Startup

PYMNTS

Twenty-two-year-old entrepreneurs Nick Hamburger and Zack Schreier started their first business in sixth grade, charging students at their Chicago-area school $3 for some cool Japanese soda pop that they bought for $1.25 — until the administration shut them down. Investor Daniel Lubetzky. They're kind of like chips. Hamburger recalled. “We

Chicago 291
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The Pros And Cons Of Robots In Retail

PYMNTS

Between automated checkout lines, online grocery ordering and meal kit services, it seems like the inexorable tide of progress is determined to wipe out millions of jobs across the retail and grocery sectors. Financial services firm Cornerstone Capital Group projected that robots will capture between 6 million and 7.5 In Other News….

Retail 124