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Northwestern Mutual commits $150m to startup investments

Bank Innovation

This builds on the $43 million in capital that the Milwaukee-based investments and insurance giant invested in 14 startups as part of its its first corporate venture fund, which rolled out in 2017. Northwestern Mutual has launched a second venture fund to support startups working in financial services.

Milwaukee 170
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Local Governments Move In On Retail Vacancies

PYMNTS

It was supposed to be a thriving retail center in Milwaukee when it was built seven years ago. In fact, last week, it was announced that the building would be the new home of the Milwaukee School of Engineering’s K-12 STEM program. But it never happened. No one ever leased from the development called Viets Field.

Retail 135
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Physical Retail Looks For New Life This Holiday Season

PYMNTS

Bloomberg reports that it offers a bevy of innovative options intended to entice customers into spending more time shopping. It now has 85 stores and will soon add another when its Milwaukee location opens. The seven-floor store is Nordstrom ’s biggest location ever.

Retail 131
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Building A Subscription Box For Tools And Construction Supplies

PYMNTS

To serve these DIY consumers, as well as those who simply enjoy the time-honored hobbies of woodworking or building, eCommerce innovators are curating a selection of tools as well as supplies to help them with their projects. Only just under three in 10 — or 27 percent — are bringing professionals on for the job.

Tools 146
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Farmer’s Fridge On The Importance Of Digital Upgrades

PYMNTS

cities, including Chicago, Milwaukee, New York City and Philadelphia, and it plans to expand to additional locations. It allows you to be much more targeted in how you innovate and how you meet customers on what they want,” he said. “We Targeting Convenience.

Milwaukee 130
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How Kohl’s Is ‘Thinking Differently’ As It Moves On Millennial Shoppers

PYMNTS

The brand, according to President Sona Chawla, takes what it calls a “surgical approach” to innovations. You have to know who you are and then innovate to your core,” Chawla noted. We are the middle,” Gass said of Kohl’s, which is headquartered outside Milwaukee. We’re Middle America. We want to own the middle.”.

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4 ways to get more out of your core

Independent Banker

This could also mean losing out on different sources of revenues,” says Schuld, who is based in Milwaukee, Wis. Improved or new feature functions can be a source of competitor differentiation and bring new customers to the bank, as well as giving a bank the tools to create deeper relationships with their existing customers.”.