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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. But that might not be the best move for your financial institution or your community. Certainly, one asset class, the regional mall, is quite dead,” Kirby said.

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Peace Coffee Perfectly Times Its Pandemic-Fueled Growth

PYMNTS

The retail news is full of companies that have made brilliant and sometimes dramatic pivots to catch up with the shift to Digital 3.0. Last week, it announced that its products would expand beyond the Twin Cities to Madison, Milwaukee, Chicago and (in September) Denver. “I But sometimes the pre-pandemic plans work out just fine.

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PetSmart Debuts 1,500th North American Store

PYMNTS

PetSmart has just reached a new retail milestone: It has opened its 1,500th store in North America. PetSmart is already the largest specialty pet retailer in the region, and it continues to grow. Canada-Puerto Rico-wide expansion effort in 2016 to grow the pet supply store’s retail footprint.

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And Then There Were 20 — The Amazon HQ2 Finalists

PYMNTS

Chicago, Illinois. Through this process, we learned about many new communities across North America that we will consider as locations for future infrastructure investment and job creation.”. Politicians across the U.S. But only one can be selected, and the top 20 from which the elect will be chosen include: Atlanta, Georgia.

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Are Online Merchants The Mall’s Unlikely Salvation?

PYMNTS

But perhaps that is the old conventional wisdom — the emerging idea is that online retailers are giving back some of what they’ve taken away these days. “We The firm takes in-person returns from participating online retailers at six malls in California, Chicago and Virginia. Lebovitz said, the number will grow.

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Virtual Gaming Grows Into A Force For Tourism And Even Atlantic City

PYMNTS

The company estimated the total impact for the cities hosting the events were $120 million for Chicago, $71 million for Montreal, and $54 million for Dortmund, Germany,” the report said. The gaming part of the mall will reside alongside some 200 retail stores there. million people from some 60 countries.

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What Serving The Internet’s ‘Underserved’ Means For Payments

PYMNTS

communities. communities. That matters because as time goes by and existing cities become prohibitively expensive — think San Francisco, New York City and Los Angeles, with Chicago, Boston and other areas not far behind — many younger, well-educated consumers are making moves to exurban or even rural areas, or smaller cities.

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