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Retail Rents Falling From Manhattan To Los Angeles

PYMNTS

The worst results came from Lower Manhattan’s Broadway/Houston Street/Broome Street area, where average asking price per square foot tumbled 25 percent year on year. Meanwhile, the National Restaurant Association estimates that more than 100,000 eateries have either closed permanently or at least long term due to the pandemic.

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Buying into AML risks in real estate

Abrigo

Key Takeaways Real estate markets are vulnerable to money laundering and fraud because of their transaction size and appreciation over time. The real estate market is enticing to more than just new homeowners or investors. Real estate market AML risks Real estate is a proven, traditional, and well-established marketplace.

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How A New Name Sparked An Unattended Retail Turnaround

PYMNTS

Most brands hope to make a big splash when they enter the market – but not for this type of reason. There are now over 1,000 Stockwell machines spread across the San Francisco Bay Area, Los Angeles, Houston and Chicago.

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Who were ICBA’s Top Lenders of 2022?

Independent Banker

He sensed the family’s passion and liked their idea of starting with selling milk at farmers’ markets, roadside shops and small grocery stores. In each new market opened in 2021, the community bank found an experienced ag lender who was seeking a new position. American Bank, National Association. Bunnell listened. Mason City.

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Happy Returns: In-Person Returns For eTail

PYMNTS

Happy Returns currently has seven Return Bars operating in five major cities — Los Angeles, San Francisco, Chicago, Washington, D.C., and Houston. In 2017, Sobie said Happy Returns is working to grow the national footprint of its Return Bars. Happy Returns will also be growing in its existing markets.

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Rinse Clothing Service Raises $14M To Expand To Boston, Chicago And Beyond

PYMNTS

The $14 million of funding Rinse recently secured will not be going into the company’s tech as much as into building out its team as it looks to launch in new markets. Rinse currently serves its home base of San Francisco as well as Los Angeles and Washington, D.C. We view ourselves serving the entire country.

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Surviving The Retail Apocalypse: The Technologies And Trends That Can Help Brick-And-Mortar Thrive Again

CB Insights

Retailers are leveraging technology, such as artificial intelligence and augmented reality, to enhance operational visibility and personalize their customer service, a new necessity in fast-changing and demanding consumer market. Kohl’s can move into smaller markets where a larger store may not fit. Turning grocery on its head.

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