PYMNTS

NOVEMBER 9, 2020

“Despite COVID-19, we are encouraged by the increases we are seeing in shopper traffic, retailer sales and tenant rent collections across our portfolio,” CEO David Simon said in a statement. “We He said he hopes local communities will continue to consider CRE tax relief as the pandemic continues to spike.

Trends 169

Trends Retail Taxes Louisiana 169

Jeff For Banks

JANUARY 14, 2021

In June of 2008 I gave a speech titled "The Death of the Community Bank" and in that speech I made predictions. Much like the General Store fell victim to the supermarket and the lumber yard fell victim to Home Depot, I predicted the community bank that did not pick targeted customer niches or develop product expertise will meet it's doom.

Community Bank 130

Community Bank Community FDIC Strategy 130

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.

Retail 130

Retail Operations Groups National 130

PopularBank

MAY 1, 2020

A Message from Chief Operating Officer Manuel Chinea. 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.

Community 95

Community New Jersey Meeting US 95

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. Even now that its stores are open, the retailer has discovered that its eCommerce, curbside pickup and virtual fitting services remain popular with customers.

Technology 131

Technology Retail North Carolina National 131

PYMNTS

JULY 28, 2017

One in four Americans are currently at risk of having their jobs automated, according to a research paper from Ball State University, “ How Vulnerable are American Communities to Automation, Trade, and Urbanization? ”. What’s the effect of chatbots on the retail industry? Are they helping or hindering?

Retail 179

Retail Case Study Customer Experience Technology 179

PYMNTS

JULY 2, 2020

The tech company, which has 271 retail shops in the United States, has recently closed 47 stores again, CNBC reported. A representative of the tech company said, per the report, “Due to current COVID-19 conditions in some of the communities we serve, we are temporarily closing stores in these areas.

Apple 131

Apple Los Angeles South Carolina North Carolina 131

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.”.

Retail 182

Retail Technology United States California 182

PopularBank

OCTOBER 2, 2020

A Message from Popular Bank Chief Operating Officer Manuel Chinea. When we first opened our doors, we did so with a great sense of purpose and a vision to make a difference within our communities. As a designated essential service, we took meaningful actions to strengthen our retail banking controls.

Community 98

Community New York New Jersey Meeting 98

Perficient

FEBRUARY 22, 2021

When I heard that we might get 4 to 6 inches of snow, I really didn’t think much of it because, well, I’m used to that. During this week, some folks in our community didn’t have power for over 36 hours, had pipes burst, had no heat, and being able to find food was as bad, if not worse than at the beginning of the COVID-19 pandemic.

Texas 309

Texas US Massachusetts Community 309

PYMNTS

MARCH 16, 2020

Things are getting a bit testy in retail land. The world’s largest retail trade group sent a letter on Monday (March 16) to the National Governors Association and the U.S. Conference of Mayors stating its subtle displeasure about retailers finding out about mandatory store closures in the press.

Retail 141

Retail Community Maryland Michigan 141

PYMNTS

APRIL 16, 2020

as it has in China, where it has reopened most stores after having to shutter operations there earlier this year. Starbucks CEO Kevin Johnson said in a letter to employees that the company plans to closely look at safety measures and open stores only in areas safe to do so, using a case-by-case scenario.

US 178

US Operations Community Mobile 178

South State Correspondent

APRIL 12, 2022

We feel that as community bankers, we can learn much from Jamie Dimon (Chairman and CEO of JPM) and from Warren Buffet. As usual, it was full of insight that every community banker should consider. Our focus is on information that pertains to the community banking industry. 3) Community Focused. 4) Employee Focused.

Community 195

Community Community Bank Leadership Lending 195

PYMNTS

SEPTEMBER 17, 2020

However, the store isn’t quite operating at full capacity, as COVID-related limitations have made that impossible. . Mackey said the chain has taken a long hard look at its operations to find more cost reductions. focuses on products of interest to Asian-Americans “because that's a very underserved community. Has A Big Year .

Los Angeles 285

Los Angeles US San Diego New York City 285

PYMNTS

SEPTEMBER 22, 2017

Retail stores are rarely built by accident, particularly in the real world, if for no other reason than retail is sort of an intentional thing. But Recology CleanScapes — an operating company under Recology — is different from most of what is out there in retail. What does one buy at a Recology CleanScapes store?

Retail 108

Retail Washington Community Seattle 108

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.

Branding 101

Branding Retail social media Houston 101

PYMNTS

NOVEMBER 16, 2018

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. In Other Brick-And-Mortar Retail. The retailer’s comparable sales slid by 5.4 billion fell in line with analyst estimates of $5.41

Training 150

Training Retail New York City Branding 150

South State Correspondent

DECEMBER 8, 2023

In two days, you can hear from Chase, US Bank, Capital One, BMO, M&T, PNC, Citizens, Truist, Huntington, and more, a feat that can only be done at a conference of this caliber. Many banks expressed frustration over keeping small business banking housed within the retail bank channel. However, this was the most common structure.

Conference 195

Conference Retail Community Bank Technology 195

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.

Conference 100

Conference Retail Community Austin 100

South State Correspondent

JANUARY 3, 2023

Despite reaching the highest profitability in over a decade in 2022, US banks overall trade at a discount to other sectors as measured by P/E or P/Book, and approximately 53% of US banks have earned less than their cost of equity over the last five years. Operating Leverage – Scale matters.

Community Bank 221

Community Bank Community Data Marketing 221

PYMNTS

MARCH 19, 2020

It is the largest retail bank to shutter branches because of the pandemic. This will help us protect our employees as we provide essential services to our customers and the communities we serve.”. About 4,000 branches are cutting back hours of operation. Some employees were given the option to work from home. “We

New York 242

New York America Operations Community 242

PYMNTS

JUNE 14, 2019

“We are thrilled to expand Rebag’s retail footprint to the Miami community. This new location, with its unique clientele will allow us to reach even more customers looking to both buy and sell luxury designer handbags.”. The company recently brought Geronimo Chala on board as VP of retail to help oversee the expansion.

Miami 100

Miami Retail New York City New York 100

PYMNTS

SEPTEMBER 14, 2018

Luxury style and quality brands, offered at a more middle-class price point and sold directly to consumers, is increasingly crowded terrain in apparel retail. Or, perhaps more accurately, through tactics that are so traditional they are surprising to see in a modern retail context. We’re listening.”.

Retail 134

Retail Innovation Branding social media 134

PYMNTS

MARCH 4, 2019

Amazon, of course, stands out as a marquee name in the move to make the retail experience wholly digital commerce. Council member and bill sponsor Ritchie Torres has said the ban is a way to make sure lower income communities, and those of color, are not shut out of marketplaces. And those stakeholders include ATM operators.

Retail 129

Retail New York City New York New Jersey 129

PYMNTS

JUNE 15, 2020

The COVID-19 pandemic has forced restaurants to limit and change operations,” OpenTable said in a statement. Even as cities and states begin to reopen, our community of nearly 60,000 restaurants continues to face unprecedented challenges.”.

Report 131

Report US Data Community 131

PYMNTS

MAY 24, 2018

Some landlords announced new deals for residential uses, while retailers and real estate owners in general seemed to be collaborating more closely to keep shopping centers alive. You don’t have to fill retail with retail anymore,” remarked Greg Maloney, head of JLL’s America retail business, at the event.

Retail 103

Retail Las Vegas Millennials America 103

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.

Colorado 126

Colorado Massachusetts US Industry 126

Independent Banker

FEBRUARY 28, 2022

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. Community banks need to pay attention to what’s being said about them in those spaces. Where to look for reviews.

How To 127

How To Community Bank Community Google 127

PYMNTS

JANUARY 8, 2021

There's no doubt that the small business community is facing a period of immense tribulation. As Eiriz explained, the small business lending community has the opportunity, and perhaps even the obligation, to embrace collaboration and dig deeper into the entrepreneurial community in order to best serve SMBs and support the broader economy.

Strategy 231

Strategy Community Maine Lending 231

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.

Retail 100

Retail Branding US Course 100

PYMNTS

AUGUST 5, 2020

Also, CVS said, its retail segment was affected some by shelter-in-place orders. At the time, Merlo vowed “to transform the consumer health experience and build healthier communities by offering care that is local, easier to use, less expensive and puts consumers at the center of their care.”. Woonsocket, R.I.-based

Report 147

Report Community Meeting Strategy 147

PYMNTS

JULY 7, 2020

The company calls its strategy “smart bank transfers,” referring to the way the tech can handle the entire cannabis supply chain from grow ops and suppliers to retailers and drivers. “We are committed to providing a safer, more efficient environment for cannabis businesses to operate in,” he said, according to the release. .

Payments 185

Payments Survey Industry US 185

PYMNTS

DECEMBER 11, 2020

After a year in which both Walmart and Amazon prospered in their share of the digital-first economy, the two retailers who lay claim to the U.S. We have been doing the same thing in our pharmacy operations, offering curbside and delivery options, and now getting ready for the COVID-19 vaccine once it is approved.

Community 205

Community Training Analytics Operations 205

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.

Minneapolis 187

Minneapolis social media Retail Payments 187

PYMNTS

OCTOBER 30, 2020

Our partnership with DoorDash to launch this new service allows us to not only give our members more convenient healthcare options, but also delivers on our commitment to their overall wellness needs,” said John McDowell , vice president, pharmacy operations and divisional merchandise, Sam’s Club. .

Meeting 181

Meeting Operations Study Community 181

PYMNTS

SEPTEMBER 3, 2020

The iZettle Food & Drink debut in PayPal promises a simplified POS solution designed to provide hospitality businesses with ways to operate and grow their business. The intuitive product offers a smooth checkout and easy for staff to use, the company said. FinTech partners, he said, have become key allies to helping SMBs. “We

social media 298

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. The latter operates without human cashiers. The ideas that receive enough votes from the community will be considered by the Instacart team. billion in 2019.

Los Angeles 155

Los Angeles Austin Community New Jersey 155