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Vacancy Rate At Shopping Centers Hit 10.2 Percent In First Quarter

PYMNTS

Reuters , citing Reis, the real estate research firm, reported the vacancy rate in 28 of the 77 metro areas increased during the first three months of 2019. As the retail sector continues to undergo restructuring, a number of retail real estate markets face more vacancies and falling rents. percent to 9.3

Metro 125
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The Retail Bank Inside the Commercial Bank

Gonzobanker

Since the “Trump Bump” lifted the market early in 2017, mid-size banks have held on to nice stock price appreciation with continued solid profitability. Balance sheet growth from larger commercial clients does not consume the same headcount and resources that the retail business requires. Those days are over.

Retail 60
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Community banks are thriving in Texas

Independent Banker

The 2020 Census quantified the growth many residents were already sensing: Austin grew by 33% between 2010 and 2020, earning it the rank of fastest-growing large metro. The Houston metro took the 10th spot with a 20.3% increase, while the San Antonio metro, up 19.4%, ranked 12th. Capitalizing on an area’s growing popularity.

Texas 182
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Why Rural Shoppers Need Digital Innovation Too

PYMNTS

Mostly because that is where innovations tend to get their start — ridesharing, delivery on demand, one-day shipping, buy-online pick up in-store, experimental experiential retail locations, pop-up shops and the list goes on (and on). But what every big digital upgrade of the last decade or so has in common is an urban home base.

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Walmart, Target Take On Amazon With Faster Fulfillment

PYMNTS

Retailers are promoting faster shipping options in the wake of news that Amazon plans to speed up Prime shipping from two days to just one: Walmart , in one case, is offering NextDay delivery on a selection of items from its website. this year, encompassing 40 of the top 50 major metro areas in the U.S. The Logistics Market.

Las Vegas 164
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Banco BASE Taps Volante For Payments; Azimo Receives Dutch Central Bank License

PYMNTS

Azimo says it has received a license from the Dutch Central Bank to operate in the Netherlands, Cubic Transportation Systems has notched a contract for a mobile ticketing system in Ireland , and Bear Market Coffee in Ireland has gone cashless. Banco BASE has tapped Volante Technologies Inc. Outside the U.K.,

Payments 100
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Shipt Gets $20 Million In Funding To Challenge Amazon, Google

PYMNTS

million in Series A funding that the company plans to use to expand into new markets and further compete with well-heeled online food delivery giants, like Amazon, Google and Instacart. Under CEO Bill Smith’s leadership, Shipt has quickly become a nationally recognized company in the home grocery delivery space.

Google 100