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Apple To Shutter 30 More US Stores Again Amid Pandemic

PYMNTS

As instances of the coronavirus quickly increase in a number of regions across the nation, Apple plans to shutter 30 more stores in the United States on Thursday (July 2) at the latest. The tech company, which has 271 retail shops in the United States, has recently closed 47 stores again, CNBC reported.

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Retail Pulse: Sears To Open ‘Home & Life’ Stores, Amazon Reduces Whole Foods’ Prices

PYMNTS

The locations, which the company said were created based on insights from Sears Appliances & Mattresses stores, are set to be located in Alaska, Kansas and Louisiana. Boutros continued, “We are here to serve these communities and this is part of our strategy to maintain a presence in markets where we have right-sized our footprint.”.

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15 Minutes With … Jimmy Rasmussen

Independent Banker

Rasmussen: Yes, it is an honor to serve the Group 3 Banks in Texas, southern New Mexico and northern Louisiana for three more years. Finally, I focus on economic news in our markets, which include five communities south of Houston. The Houston region has seen substantial layoffs, and the daily headlines predict more will be announced.

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What Goes Up …

Independent Banker

Coping just fine, community banks in energy-producing regions manage the oil-price plunge. Yet community bankers serving the oil industry say they’ve been expecting a drop in the notoriously cyclical price of crude. billion-asset community bank based in Happy, Texas. New energy regions adapt. By Howard Schneider.

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Banks in hurricane zone redraw preparedness playbooks

American Banker

Social distancing and other pandemic-related measures are making it harder for banks in the Gulf region to rely on tried-and-true contingencies.

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Banks in Hurricane Laura's path hopeful their markets were spared worst

American Banker

Branches in the Gulf Coast region largely avoided massive flooding. Now bankers must assess the impact on employees and customers.

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A Roadie For Everyone

PYMNTS

She did note, however, that one does have to mentally adjust a bit to letting someone who goes by the name “Big Sam from Louisiana” take your stuff and go someplace with it, but Big Sam had performed his task admirably. He further noted, “I love the way we take care of the community. We’re honestly built on neighborliness.”

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