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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. However, it’s not clear how long the retailer will continue to sell items online.

Ohio 100
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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. The letter was also sent to the company’s employees.

Ohio 100
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How the PPP + Technology Means MBL Growth and More for Credit Unions

Abrigo

Indeed, with in-person contact between members and staff prohibited by stay-at-home orders during the pandemic, credit unions relied on online loan applications to collect information from the deluge of prospective borrowers who sought funds in the first round of PPP funding. Capitalize on growth opportunities with new members.

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New England Confectionery Co. Sells For $18.8M At Auction

PYMNTS

Ohio-based Spangler Candy Company won the auction with a bid of just under $19 million, The Boston Globe reported. “We Spangler was among two other bidders: Round Hill Capital LLC and Gordon Brothers. Necco had moved its operations to a large 50-acre site after leaving its longtime plant just outside Boston in 2003.

Boston 100
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Paya Acquisition Aims To Solve City Hall’s Paper (Billing) Chase

PYMNTS

8) that it had acquired First Billing Services , a billing processor based in Ohio that focuses on municipalities and utilities. First Billing was founded in 2011, operating until the December 2018 transaction with Paya as the billing services affiliate of The Connor Group , a real estate investment firm. The Broader Strategy.

Software 158
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Installment Payment Platforms Can Solve Trade Credit Problems

PYMNTS

The slow, expensive process of handling print invoices is a barrier to smooth cash flow, and small to medium-sized businesses (SMBs) can make their operations run smoother by tapping AR tools for digital payments, electronic invoices, automated processes and more. Getting paid in a timely manner is a problem that transcends industries.

Payments 100
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What’s Next For Real Estate In Amazon’s HQ2 Cities?

PYMNTS

The Seattle-based eCommerce operator and cloud computing provider decided to build in both Crystal City, an urban area in North Virginia near Washington, D.C., Redfin also said that “online views of homes currently for sale in Crystal City and Long Island City on Redfin.com have skyrocketed. 13) on its new headquarters. Citi Reaction.