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Local Governments Move In On Retail Vacancies

PYMNTS

It was supposed to be a thriving retail center in Milwaukee when it was built seven years ago. It’s one approach to a growing retail vacancy issue that local governments are getting more aggressive in trying to solve. has hiked the normal commercial property tax rate on vacant property from between $1.65 But it never happened.

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Staples To Debut New Store Format With Coworking, Podcasting

PYMNTS

Staples is thinking outside the box with a new store format that highlights podcasting, community events and coworking spaces. Retail, said per the announcement, “We recognize that the way people shop is changing, and with the launch of Staples Connect, we are adapting to fit the needs of our customers.” Mike Motz, CEO of Staples U.S.

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Credit Union Helps US Marijuana Businesses Put Down Roots

PYMNTS

On October 4, the Massachusetts Cannabis Control Commission (CCC) issued its final four recreational marijuana licenses to businesses, meaning legal marijuana will soon be available for purchase. Massachusetts joins a handful of states, including Colorado, Washington and Maine, that have taken steps to legalize recreational marijuana.

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Facebook Tracker: East, West And Everything In Between

PYMNTS

Facebook will receive around $19 million in state tax exemptions through 2035, CNN Tech reported. Cambridge, Massachusetts. The so-called “Willow Campus” is envisioned to be a “mixed-use village” that includes a grocery store, pharmacy, 125,000 square feet of retail space, and 1,500 housing units.

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My Fantasy Banking Team

Jeff For Banks

Chief Retail Officer. Since his joining the Board, the bank has stabilized, returned to profitability, recaptured it's deferred tax asset, and NPAs/Assets have declined to less than 3%. The Running Back/Chief Retail Officer Criteria: I sifted through banks with the best cost of funds and cost of interest bearing liabilities.

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The Election That Misplaced Small Businesses

PYMNTS

million businesses that line the main streets and side streets of the local communities across the U.S. Trade has been a big topic of conversation on the campaign trail, as have debt, taxes, wages, immigration and monetary policy. 2) Can taxes be made comprehensible?

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GonzoBanker Awards 2017

Gonzobanker

Seriously, sit back with a pocket flask of Pappy Van Winkle, smoke a cigar (or your combustible of choice if you live in Colorado, California, Washington, Oregon, Nevada, Main or Massachusetts) and enjoy the 2017 GonzoBanker Awards. Monty Python “I’m Not Dead … Yet” Award – Goes to physical retail. THE BANKING AWARDS.