Independent Banker

APRIL 1, 2021

Unlike our credit union counterparts, we pay taxes, and those tax dollars are spent at home to ensure our communities grow. As we kick off Community Banking Month, I can’t help but reflect on that statement and the changes of this past year. And community banks are the heartbeat of these efforts. What you need to know.

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PYMNTS

JULY 5, 2020

billion for Whole Foods , the online retail giant is planning to open its second automated-checkout grocery store in Seattle’s Eastside neighborhood and is hiring managers for a third store in the city’s Capitol Hill district, The Seattle Times reported. Amazon must like the supermarket business. Three years after it paid $13.4

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PYMNTS

MARCH 18, 2020

In normal times consumers look for three things from a retailer: price, product and location. In fact, a pre-crisis PwC report showed that 14 percent of respondents said trust in a brand is the number one reason (other than price) why they shop at a retailer. What do consumers want from retailers now?

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Retail Branding social media Online 153

Banking Exchange

OCTOBER 26, 2020

The ‘Bank On’ initiative is being flagged as a key solution for underbanked and unbanked individuals and communities across the US Community Banking Compliance Retail Banking People Customers Online Compliance Management Compliance/Regulatory The Economy Feature Feature3 Socially Responsible Investing SRI SRI Exchange.

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Community How To Compliance Community Bank 60

PYMNTS

MARCH 1, 2019

The general experience can apply to retail goods, including groceries. After all, the principle is the same, no matter the retail sector: using a digital platform that crowdsources from big commerce ecosystems to provide more efficient deliveries of goods. Retail Benefits. He’s basically getting paid to go home.”.

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Retail Technology United States California 182

PYMNTS

AUGUST 24, 2020

Ninety-four percent of consumers believe companies need to do more than just earn profits — they expect them to give back to social causes in their communities and in the world at large. Donating to a variety of charitable causes can expand customer reach for retailer engagement. Charitable donations have also proven to boost sales.

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PYMNTS

OCTOBER 5, 2020

The Carrboro, North Carolina-based chain has used its technology-first strategy to get, keep and grow its customer base – even while its stores were shut down early in the pandemic. While stores were closed, Fleet Feet saw tremendous growth in its online business. The retailer’s primary communications vehicle is email.

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PYMNTS

AUGUST 4, 2020

. “We’re obsessed with building products that connect us. We built Tuli with this purpose, and our passion for community, inclusivity and human connection are embedded in our company DNA. In today’s challenging world, Tuli connects us in a different way, bringing true community to eCommerce,” said Wilmot.

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PYMNTS

AUGUST 11, 2020

“We’re focused on providing all of our users with a seamless, contactless shopping experience as stores reopen and the pandemic continues to affect communities across the nation,” said David Sykes, head of U.S. at Klarna, in a statement. In January, Klarna launched in-store payments for iPhone users with Apple Pay.

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PYMNTS

AUGUST 16, 2019

Brick-and-mortar retailers are teaming up with social media platforms to curate labels for their stores and their websites. Kohl’s , for instance, will bring emerging brands to over 50 physical retail locations and online starting in the fall through Curated By Kohl’s.

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PopularBank

MAY 1, 2020

Dear Customers, Partners and Community Members, Thank you for being part of our Popular Bank family. As we face the immediate and serious health concerns as a community, we are also seeing a much wider impact on all our lives as well as our local, national, and global economies. A Message from Chief Operating Officer Manuel Chinea.

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Community New Jersey Meeting US 95

PYMNTS

JULY 11, 2019

Walmart-owned Sam’s Club will now offer same-day grocery pickup for online orders, according to sources. The retailer’s announcement comes nearly a year after Sam’s Club began testing grocery pickup in the summer of 2018. Orders for same-day pickup, however, are limited to 15 items. and on Saturdays after 9 a.m.,

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PYMNTS

NOVEMBER 16, 2018

The store’s concept, dubbed Nike NYC, is to blend the online and offline worlds with the help of smartphones. The retailer also offers a Shop The Look service in the store that allows customers to scan a quick-response (QR) code to find out the size and available colors of the items displayed on a mannequin.

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CB Insights

FEBRUARY 13, 2020

As businesses and consumers become more comfortable using credit cards online, the proportion of US commerce that takes place online has steadily increased over the last 20 years. Stripe really did come about because we were really appalled by how hard it was to charge for things online.” — John Collison.

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PYMNTS

MARCH 19, 2020

David Simon, chairman, chief executive officer and president of Simon, said in the announcement , “The health and safety of our shoppers, retailers and employees is of paramount importance and we are taking this step to help reduce the spread of COVID-19 in our communities.” The move was to take place at 7 p.m.

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PYMNTS

JUNE 14, 2019

Online brands are expanding their brick-and-mortar footprints: Online handbag marketplace Rebag , for instance, is opening a new store in Miami’s Design District with more stores said to come. We are thrilled to expand Rebag’s retail footprint to the Miami community.

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JULY 19, 2017

It features 33 miles of shelving and dock doors that can withstand wind speeds of up to 120 mph, and will house millions of items dedicated to fulfilling online orders to enable faster shipping directly to customers or to stores for free pickup. In the first quarter of 2017, the retailer experienced 63 percent growth in U.S.

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PYMNTS

FEBRUARY 1, 2019

Items available for sale will range from the Air Force 1 drops to The Ten Collection — items that Nike said in an online post are “specific to Atlanta’s vibe.” Beyond the pop-up shop, the retailer is opening a “Studio of Dreams” Super Bowl Content Studio on the same block. It makes that purchasing much easier.”

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PYMNTS

SEPTEMBER 26, 2019

The Permission Marketplace operates like other major eCommerce platforms, connecting users with products from major retailers. The biggest companies in the world have been built by interrupting us and extracting our data without asking permission.

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Independent Banker

FEBRUARY 28, 2022

When customers look up businesses online, reviews are one of the first things they see. These community bankers share how they collect positive reviews, and how to respond to negative ones. In addition, the survey found that 94% of consumers say positive reviews make them more likely to use a business. But the $3.9

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PYMNTS

APRIL 13, 2020

Amazon is pulling in more orders than ever, which has the company hiring thousands of employees while traditional retail businesses are making layoffs. With COVID-19 restrictions sweeping the country, more people are turning to online shopping as brick-and-mortar retailers are forced to close their doors.

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PYMNTS

JUNE 13, 2017

BOPIS – buying online and picking up in the store – is quick and easy for customers, offering the best of both worlds: They can browse to their heart’s content on the device of their choice, and then, instead of waiting five to seven days for shipping, they can pick up the purchase the same day. It has advantages for retailers, too.

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PYMNTS

NOVEMBER 23, 2020

A pandemic-fueled surge in people wanting to learn how to play guitar and piano has given the country’s largest retailer of musical instruments a second chance at life, as investors and creditors have signed on to a plan that will allow 500 Guitar Center stores to emerge from bankruptcy. In announcing the plan, which cuts its $1.3

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PYMNTS

JUNE 15, 2020

The decision by most states to allow diners to eat indoors at restaurants as coronavirus restrictions are eased, seems to be having an impact, according to “ The State of the Restaurant Industry , ” the latest data from OpenTable , the provider of online restaurant reservations. Seated dining in the U.S.

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Celent Banking

MARCH 6, 2015

Next week I will be moderating a panel discussion at American Banker´s Retail Banking Conference in Austin about the competitive pressures of community institutions. It’s an important topic that Celent discussed in a report published last year: And Then There Were None: The Disappearance of Community Banks.

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PYMNTS

JULY 1, 2020

The digital shift at retail continued its momentum this week as Walgreens and Lululemon both made significant moves to embrace the online consumer experience. pharmacy brand) access to customer data as they navigate online channels and provide consumers with more eCommerce options from the brands. “At

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PYMNTS

SEPTEMBER 17, 2020

Amazon’s brought new critical tools to Whole Foods to help us think it through — to cut down our shrink, cut down our spoilage, cut down our theft that’s occurring,” Mackey said. focuses on products of interest to Asian-Americans “because that's a very underserved community. Liu said Weee! percent in August vs. 31.2 percent in March.

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PYMNTS

SEPTEMBER 3, 2020

The intuitive product offers a smooth checkout and easy for staff to use, the company said. We developed this product so merchants could better service customers, whilst ensuring they have the tools they need to grow.”. FinTech partners, he said, have become key allies to helping SMBs. “We

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social media Taxes Online Payments 298

PYMNTS

FEBRUARY 19, 2020

Although Amazon hasn’t commented, the strategy seems to be aimed at getting Amazon aligned with a more mass market customer segment than its other retail brands. Those consist of Amazon Books, Amazon 4-Star (online goods in brick-and-mortar stores), Whole Foods Market and Amazon Go. Meanwhile, online grocer Instacart is going social.

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PYMNTS

DECEMBER 7, 2017

They are a closely bonded community of cosmetics fanatics, and Ipsy isn’t just where they go to buy their makeup — it’s also where they go to learn how to use it. In October, Pham announced that her company, Divinium Labs, would be acquiring EM cosmetics — an online brand heretofore owned by Ipsy.

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MAY 4, 2016

By and large, things are not great for retail (particularly of the brick-and-mortar variety). Indeed, it’s popular — dare we say, trendy, even — to postulate that retail as we know it is doomed. You know it. We know it. But that evolution is not necessarily a death sentence for players in the space, be they relatively new or old.

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PYMNTS

SEPTEMBER 5, 2016

Ask a brand, retailer or marketer, and they’ll all probably say the same thing: Brick-and-mortar retail stores are dying thanks to the rise of eCommerce and online shopping. And if brick-and-mortar retail really is dead or dying, then maybe somebody should tell that to the retailers themselves? And DSW’s U.S.

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Retail Branding US Course 100

PYMNTS

OCTOBER 17, 2018

A few weeks before the CCC issued its final licenses, GFA Federal Credit Union of Gardner, Massachusetts, announced it would be willing to work with legalized marijuana businesses, extending financial services to the industry and providing marijuana retailers with the same financial benefits used by traditional businesses.

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PYMNTS

NOVEMBER 25, 2016

Bad guys know retailers and businesses are working to stay one step ahead of their sophisticated and malicious attacks. To combat this, hackers are looking to gain access to sensitive information by taking a much easier route: using legitimate credentials to go right inside. Retailers’ Risky Business.

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PYMNTS

JUNE 16, 2020

The past few months have been an incredibly challenging time for retailers that remained open — and an excellent example of innovation on overdrive. That process has kicked into high gear as consumers’ shopping preferences radically shifted toward online purchases almost overnight. At Sam’s Club, we’re really in a test.

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PYMNTS

FEBRUARY 10, 2020

. “Today is a day for celebration, not only for our company but for our merchants, who now have a direct path to accessing a vibrant community of over one million savvy shoppers who know how to unlock the value of their purchasing power,” said Sezzle Chief Executive Officer and Co-Founder Charlie Youakim.

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Minneapolis social media Retail Payments 187

Celent Banking

MARCH 16, 2015

This last week the American Banker Retail Banking Conference 2015 was going on in Austin, TX. The conference was full of community bankers discussing evolving business models and the pressures its placing on their ability to gather deposits. The retailer combines the in-store and app experience to enhance the customer buying process.

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