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State Governments Deliver Mixed Messages On Reopening Retail

PYMNTS

State governments are dropping the ball on retail reopenings. As the week plays out, inconsistent direction and confusion have been standard with New York, Texas, California and Hawaii getting criticized by retailers big and small. They have guidelines that are a little more strict than these guidelines.

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The Honeymoon’s Not Over For Bridal Retail

PYMNTS

Caught somewhere in the middle is a category that has had a tough run this lost summer of 2020: bridal retailers. A minimony , as the name suggests, is hardly as lucrative as its bigger cousin, matrimony – and that difference has taken a bite out of bridal retail. Smaller retailers are focused on safety as well as agility.

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4 tips for better vendor management

Independent Banker

There’s a host of regulatory guidance when it comes to vendor management, but community banks also have wiggle room to craft their own policies. Managing all of your bank’s vendors can be a tall order, especially for community banks that rely on dozens or even hundreds of vendors. In addition to its vendor management platform, $2.2

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The Sixth Key Commitment of Revenue Resilience – We Need Hospitals to Adapt

Perficient

This same shift has been occurring within retail for over a decade and has taken precedence over building storefronts. A digital network is a platform that is dynamic enough to handle a variety of transactions; in healthcare, this would include virtual care, digital engagement, consumerism and retail offerings. Managing Dynamic Events.

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Mall of America Skips Mortgage Payments Before June Reopening

PYMNTS

As an indication of how much retail real estate owners are struggling amid the pandemic, The Mall of America has reportedly skipped two payments on its mortgage of $1.4 Trepp Senior Managing Director Manus Clancy told the outlet, “Next to hotel owners, retailers have been the hardest hit by the COVID-19 crisis.

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Western Union Launches New Video, Phone Tool For Home Money Transfers

PYMNTS

Due to limited services via retail locations in some areas impacted by restricted movement guidelines, we are seeing increased demand for our online services. Western Union recently partnered with Integral for a new risk management mechanism called Integral BankFX.

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Pandemic Brings Dark Days For Department Stores

PYMNTS

a veritable “who’s who” of retailing legends, including Macy’s, Nordstrom, JCPenney and Sears. s Centre for Retail Research, 2,123 stores operated by 38 large and medium-sized retailers – which employed 49,200 staff – fell into administration in the first six months of this year. s John Lewis – and, in the U.S., All in one day.

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