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NJ Malls Contend With American Dream’s Opening

PYMNTS

After serving as destinations for Big Apple shoppers for at least 50 years, northern New Jersey’s malls are aiming to find ways to differentiate themselves as a new retail neighbor arrives. The American Dream retail and amusement complex is expected to open on Oct.

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Credit Issues Stalk Malls And Anchor Tenants

PYMNTS

On the optimistic side Elliot Nassim , president of Mason Asset Management, which co-owns the University Mall in Carbondale, Illinois, says: “We have always felt that the retail industry is evolving, despite what doomsday headlines would have you believe. There are about 1,000 malls — both privately and publicly held — operating in the U.S.

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Amazon Expands Amazon Home Services To Twenty New Metro Areas

PYMNTS

14) it has expanded its Amazon Home Services into 20 new metropolitan markets around the country. In a press release , the eCommerce giant said the new cities include Indianapolis, IN; Las Vegas, NV; San Antonio, TX; Ann Arbor, MI; Cleveland, OH; Milwaukee, WI; Boulder, CO; Raleigh, NC; Trenton, NJ; and more.

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Stub Hub Pushes Closer To Primary Ticketing Platform Status With The Acquisition of Ticket Utils

PYMNTS

Ticket Utils also supports multiple currencies and languages, which will enable sellers to operate more effectively in international markets and take advantage of StubHub’s significant global expansion through our planned acquisition of Ticketbis.” Its acquisition supports two goals.

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 The Amazon/Walmart Whole Paycheck Tracker: Rethinking And Realigning

PYMNTS

The news follows big next-day delivery announcements from both Walmart and Amazon — in a week where both retailers had a lot of news about repositioning themselves in the market and reporting some pretty major changes. Big Debate Of The Week: Did Amazon’s Estimated Online Market Share Just Drop? retail sales.

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Popular Bank Named Among First Investors of NWK FAM Fund

PopularBank

NEWARK, NJ and NEW YORK, NY – October 13, 2020 – Popular Bank , a subsidiary of Popular, Inc. As part of Popular’s continued commitment to the Newark community, Popular Bank Chief Operating Officer Manuel Chinea will additionally serve as a founding member of the NWK FAM Fund Advisory Board.

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A Financial Institution Investment Banker Had Questions. Here Are My Answers.

Jeff For Banks

Not many investors complained about the old Commerce Bank (NJ) efficiency ratio of 70+% when they were delivering 20+% profit growth. Organic Growth Rates : If they exceed their markets, then they are above average, right? So it depends, in large part on their markets. Earnings growth should exceed balance sheet growth.

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