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Retail Pulse: The Price Must Be Right

PYMNTS

It’s been a week of experimentation in retail, with many big names opening new types of stores to β€” as the saying goes β€” see what sticks. It seems more likely that these brands will uncover their key rather than some universal master retail key that can solve the brick-and-mortar challenge across the board.

Retail 100
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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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And Then There Were 20 β€” The Amazon HQ2 Finalists

PYMNTS

all made the cut, as did some surprises like Columbus, Ohio. Columbus, Ohio. 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.”. Austin, Boston, New York and D.C. Austin, Texas. Boston, Massachusetts.

Columbus 101
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Mall Now A Four-Letter Word For Some Operators?

PYMNTS

Consider Parmatown Mall, in Parma, Ohio, which has been refashioned as The Shoppes at Parma. There are 90 regional malls that have renovated in just the past four years and, as calculated by property consultancy JLL, 17 have stripped away the β€œmall” designation. Call them something else, then, it seems. is now Hanover Crossing.

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Is Amazon’s Delivery β€˜Purge’ A Boon To Last-Mile Rivals?

PYMNTS

The net impact of Amazon’s decision translates to Bear Down Logistics’ facilities shutting down in Ohio, Virginia and Illinois in April β€” with 280 positions lost. The Seattle Times reported that a Bear Down Logistics driver in Michigan makes $15 an hour, while UPS pays about $20 an hour in the same region for the same work.

Michigan 196
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Welcome to New Orleans

Independent Banker

Welcome to the Crescent City, where the largest educational gathering of community bankers convenes this month. It’s Community Banking LIVE 2016 in New Orleans. Coldwater, Ohio. Independent Community Bankers of America. State/Regional Partners Reception*. General Session Speakers. Jack Hartings. jjhartings.

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11 New Restaurant Concepts Reimagining Fast Food & Casual Dining

CB Insights

In the past decade, restaurant and bar purchases have grown at twice the rate of general retail spending. Community initiatives: Loom (Massachusetts). But with commercial rents continuing to rise in most urban areas, it’s been a challenge both for small businesses and national retailers to find affordable space.