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Popular Bank Implements Branch Realignment in the New York Metro Region to Enhance Focus on Communities and Small Business Support

PopularBank

Popular”) (NASDAQ: BPOP), bank holding company of Popular Bank, today announced Popular Bank’s strategic realignment of its New York Metro branch network. The branch closures, which are expected to be completed simultaneously by January 29, 2021, are projected to reduce annual operating expenses by approximately $13 million.

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Online B2B Marketplaces See New Funding Rounds 

PYMNTS

Ratelt operates as a real-time customer experience management platform, according to reports. The company has expanded from Australia to southeast Asia and clients include Lego, Metro, Pandora and others. ShopKirana. The firm, Infra.Market, raised the money in seed funding from Accel.

Online 179
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How A Retail Incubator Could Produce The Next Big Innovation

PYMNTS

To learn more about how these incubation efforts work and the benefits they can bring, PYMNTS recently caught up with Chris Ostoich, co-founder of LISNR, a company taking part in the METRO Target Retail Accelerator , certified by Techstars. Customer Journey. Other Efforts.

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Grocery Round-Up: SNAP’s Delivery Expansion, Amazon’s No Charge Pick-ups And The Store Building Binge

PYMNTS

Prime members in more than 2,000 locations can also receive unlimited free, two-hour delivery from Amazon Fresh and Whole Foods Market on orders of $35 or more. Amazon Fresh, a new physical retail concept from Amazon, is setting up shop in four locations in the Chicago market, the Chicago Tribune reported.

Arizona 170
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Wayfair Beats Earnings Expectations – Again

PYMNTS

And yet, with the release of its latest earnings report, Wayfair continues to perform admirably under the strain; with better than expected results and a big jump in its stock price (at least at first) to market it. Of all orders placed during the quarter, encouragingly, 61 percent came from previous customers. Beyond The Numbers .

Metro 109
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Data Dive, Big Moves Edition: Walmart, Uber Eats And The US Stock Market

PYMNTS

A reorientation that could prove to be a bit of a challenge, since the COVID-19 outbreak that is spreading around the world seems to have infected the stock market, sending shares crashing through the ground as Wall Street put in its worst performance since the dawn of the Great Recession. Let’s dive in…. Walmart’s Many Resets .

Marketing 141
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The 2019 GonzoBanker Awards

Gonzobanker

The company’s market capitalization, which after declining to less than $600 million in the 2009 recession, has now grown to almost $3 billion. This was a terrific combination of two education-focused cooperatives across both Southern and Northern California markets. It’s early but it’ s a great entry to the market and our industry.

Idaho 148