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Retail Rental Payments Make Comeback

PYMNTS

Retailers are starting to pay the rent. A new report from the National Association of Real Estate Investment Trusts (NAREIT) shows that rent collections for free-standing and shopping mall-focused real estate investment trusts (REITs) gained ground in July on top of gains in June. percentage points from 79.3 percent in June to 91.4

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Lord & Taylor Joins Retail Bankruptcy Watch

PYMNTS

The retail bankruptcy watch intensified Tuesday (April 21) as the department store sector was hit by reports of yet another major player looking at that option. Lord & Taylor, now joining Neiman Marcus, is considering a bankruptcy filing as the COVID-19 lockdown continues to decimate non-essential retail. billion in sales.

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Healthcare Disruption Brings More Impact To The Retail World

PYMNTS

In the meantime, the digital, mobile, delivery and other innovations that are taking place in this sector are also promising to impact retailers and the consumers who shop not only with mom-and-pop stores but with the bigger chains. The latest example of that comes from one of the biggest retail chains out there — Walmart.

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J.Crew Joins The Pandemic Bankruptcy Perp Walk

PYMNTS

The great retail re-opening is now being called the “great resettling” by many observers and J.Crew is its latest victim. According to several sources the preppy retail chain has been negotiating with its lenders since it canceled plans to take its Madewell subsidiary public. The potential filing again raises two issues.

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Kroger Earnings Preview: Watch For Subscription Services

PYMNTS

Several reports say the new service is being tested in Dallas and Southern California, and could be rolled out nationally to include more loyalty perks, possibly tying in gasoline.

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US Senators Propose New Office To Combat Tech Theft

PYMNTS

With the bill, the senators are aiming to organize an inter-agency strategy to combat threats of a high-tech nature to national security by China , as well as other foreign actors, through the office. construction, retail, manufacturing and markets through higher costs for goods. intellectual property, U.S.

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5 New Year’s Resolutions For Any Sized Bank That You Must Get Right in 2023

South State Correspondent

While the current growth rate needs to be left to each bank based on their capital cost, market, and risk tolerance, the general guide is that growth should be in the 3% to 5% range for this year. When offering a higher money market or CD rate, the direct damage done to cost of funds is often the least of a bank’s worries.