Remove Capital Remove Indiana Remove Operations Remove Retail
article thumbnail

Simon?Drops $3.6B Mall Deal, Sues Taubman Centers

PYMNTS

In a complaint filed with the Oakland County Circuit Court in Pontiac, Michigan, Indiana-based Simon Property Group said it is suing Taubman Centers for violating terms of the deal. By midday, Taubman’s stock was down by nearly 22 percent at $35.42 after closing at $45.25 on Tuesday (June 9), according to Yahoo Finance. “The

Michigan 131
article thumbnail

Verizon 5G Network Launch Foreshadows Mobile Commerce Changes

PYMNTS

The announcement from the mobile network provider serves as the latest demonstration that 5G is coming, and that retailers and payment services providers should get ready to operate in the 5G world. 5G Potential.

Mobile 168
Insiders

Sign Up for our Newsletter

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

article thumbnail

Here Are 35 Casualties Of The Retail Apocalypse And Why They Failed

CB Insights

Modern-day retail is at an inflection point as retailers face struggling physical storefronts, massive debt, and inefficient operations, among other issues. Formerly beloved brands such as Aeropostale, American Apparel, and PacSun bit the dust in 2016, and the pace of retail deaths has accelerated since then.

Retail 78
article thumbnail

Possible Sale Of Cars.com Comes Amid Stronger Digital Ties For Automotive

PYMNTS

The paper reported that, in May, the online retailer “added two directors to its 11-member board that were nominated by activist investor Starboard Capital. A Walmart representative said locations will open in Georgia, Illinois, Indiana and Virginia soon, as well as on a microsite on Walmart.com. and autoscout24.de.

Indiana 105
article thumbnail

CFPB: Are They Coming to Get You?

Jeff For Banks

Knowing this, very large financial institutions operate branches where they can have greater scale to drive greater profitability, which frequently excludes LMI neighborhoods, creating what is termed "bank deserts." The operating cost is largely attributable to the distribution through the branch network and regulation.

article thumbnail

How Can Banks Thrive in the Next Five Years?

Jeff For Banks

First Internet Bank in Indiana was founded in 1998. They are/were the business owners, demanders of capital and loans, and significant depositors. Firstly, commercial banks are significantly funded with retail deposits. Both businesses, by industry types, and retail, by retail demographic types.

article thumbnail

Deposits: Do you want a relationship or fries with that?

Jeff For Banks

First Internet Bank of Indiana is primarily a pure Internet play that does not enjoy the same brand splash as ING. It operates in densely populated areas, attracting large amounts of CDs per branch utilizing aggressive pricing. They pursue a retail strategy to generate additional funding for their commercial lending line of business.

Indiana 60