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Umpqua brings retail banking to Utah, CUSO teams with gift-card firm

American Banker

Umpqua Bank introduces retail banking in Utah, Kansas City CUSO partners with New York gift-card firm, Huntington Bank looks within for new chief DEI officer and more in the weekly banking news roundup.

Utah 41
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As The Online Tax Man Cometh, Will Smaller Retailers Embrace Marketplaces?

PYMNTS

The ruling meant that online retailers could be mandated to collect sales tax — and taxes can be levied by states on firms that do not have physical presence in those states. One consideration is the fact that economic presence within a state means that retailers have to collect and remit taxes in those states.

Taxes 116
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How Payless Beat Back Bankruptcy (And What Retailers Can Learn)

PYMNTS

There are rarely second acts in retail — particularly once bankruptcy is in play — but, every so often, the unexpected happens. Last week, footwear retail company Payless ShoeSource was one of those unexpected stories, a company pulled into the bankruptcy whirlpool but getting plucked out before being sucked all the way down to the bottom.

Retail 153
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How Retailers Drive Innovation With Subscriptions (And Payments)

PYMNTS

Brick-and-mortar retailers, as well as online merchants, are offering consumers all sorts of products and services through the subscription business model, from movies to tea. And retailers are offering innovative subscriptions for all sorts of products.

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Retail Pulse: Madewell Teams With thredUP; Walmart Rolls Out InHome Delivery

PYMNTS

Brick-and-mortar retailers are joining forces with online reCommerce companies to bring pre-owned merchandise into their stores, adding to their sustainability efforts. Beyond Madewell, other retailers have collaborated with thredUP. The program is rolling out in Pittsburg, Kansas City and Vero Beach, Fla.

Retail 101
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Chase Plans Expansion In Top US Markets In 2019

PYMNTS

Chase has announced it is expanding its retail footprint into nine of the top American markets, as well as opening dozens of new locations in the greater Washington, D.C Louis, Missouri; Pittsburgh, Pennsylvania; Kansas City, Kansas and Greenville, South Carolina, among others. area, Philadelphia and Boston.

St. Louis 145
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Some Creditors Reportedly Oppose AMC Deal To Avoid Bankruptcy

PYMNTS

Under the terms of the proposal, the 100-year-old Kansas-based company would allow Silver Lake Group LLC, the Menlo Park, California private equity company, to provide $200 million of new money while subordinated bondholders exchange their securities at a discount for new second-lien notes, the news service reported. Ares Management Corp.

Report 174