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US Retail Sales Rose Higher In July

PYMNTS

retail sales rose higher than expected last month — a sign that the economy remained strong early in the third quarter. According to Reuters , the Commerce Department revealed that, with the exclusion of automobiles, gasoline, building materials and food services, retail sales increased 0.5 percent in July, and rose 6.4

Retail 101
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Domino’s To Grab Bigger Slice Of Retail Food Pie?

PYMNTS

Jason West, a Credit Suisse analyst, said in a note that the stock has lost about 12 percent of its value from recent highs (as quoted by CNBC.com ), and yet forward earnings should get a boost, in part, from tax cuts. In addition, “near-term concerns around competition” are already priced in.

Retail 100
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Digital License Plates Vie For Place In Connected Car Ecosystem

PYMNTS

The move toward a connected car ecosystem includes the potential use of digital license plates on vehicles — an effort that has now spread to Michigan. The plates reportedly will cost Michigan drivers either $499 or $799, depending on the model; that cost does not include installation. Security and Marketing.

Michigan 139
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Big Names Embark On Spring Hiring Sprees

PYMNTS

Standing one’s ground in an Amazon -dominated retail market doesn’t happen by accident. The retailer has announced that it will be adding more than 1,000 new employees to its technology teams this year, increasing the size of its tech department by more than a third. Tech Giants. Prominent U.S.

Vermont 100
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Walmart, Home Depot And Macy’s Beat Q2 Earnings Expectations

PYMNTS

After what feels like years writing about the ongoing retail apocalypse, it is just a touch surprising to see retail do so well this week — especially physical retail. But, much like the the dog days of summer, physical retail has been undeniably on fire as earnings results have started to roll in.

Retail 108
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GonzoBanker Awards 2017

Gonzobanker

Rainbolt has quietly built a community bank in the past 20 years that is closing in on $2 billion of market cap. For 35 years, Wilmers led M&T with creativity, integrity and the “old-school” wisdom of a community banker who created a $26 billion market cap company. Monty Python “I’m Not Dead … Yet” Award – Goes to physical retail.

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How community banks can help young homebuyers

Independent Banker

According to the 2022 Home Buyers and Sellers Generational Trends Report published by the NAR, there are some clear generational trends in the homebuying market. Younger millennials and Gen Z buyers—those born after 1980—represent 45% of the total homebuyer market. So how can community banks help? Click to enlarge.