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3 Key Commerce Areas the Texas Winter Storm Teaches Us About Being Unprepared

Perficient

If you’ve been following the news recently, you’ve likely heard something about how Texas has been trampled by unusually cold temperatures and snow this past week. You may have read a previous post I published about moving to Texas from Massachusetts. What you may not have heard is how unprepared the state was for this event.

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Texas Lets Eateries Deliver Alcohol With Food Orders

PYMNTS

To help address financial challenges brought about by the coronavirus, Texas Governor Greg Abbott put into place a waiver that lets restaurants deliver alcohol with food orders, ABC 13 reported. The State of Texas is committed to supporting retailers, restaurants, and their employees,” Abbott said per the report. “The

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Texas digital-only bank offers miles instead of interest

Bank Innovation

As digital banks strive to lock in customers, a Texas-based newcomer to the industry is betting on travel miles as an incentive. Bask Bank, a fee-free digital savings bank created and funded by Texas Capital Bank, launched earlier this week with “thousands of customers.”

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Texas Halts Reopening Plans As COVID Cases Spike

PYMNTS

As coronavirus cases spike in Texas, the state’s officials have walked back their reopening plans for the state, CNBC reported. Texas is among the hardest-hit states, with the greatest number of new cases. In those areas, Abbott has ordered hospitals to postpone elective procedures and make room for more COVID-19 patients.

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Autonomous Retail Startup AiFi Secures $30M Total Funding

PYMNTS

Silicon Valley checkout-free, autonomous retail startup AiFi has secured a new round of funding, bringing its total raised to $30 million, the company said in a press release on Monday (Oct. A variety of openings are expected in California and Texas by the end of 2020. AiFi is also partnering with top supermarkets in the U.S.,

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Limited Retail Reopenings Draw Curiosity, But Not Spending

PYMNTS

The great retail resettling is on. However, Texas retail opened for the most part over the weekend, with results that showed consumer behavior to be curious rather than aggressive. However, Texas retail opened for the most part over the weekend, with results that showed consumer behavior to be curious rather than aggressive.

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State Governments Deliver Mixed Messages On Reopening Retail

PYMNTS

State governments are dropping the ball on retail reopenings. As the week plays out, inconsistent direction and confusion have been standard with New York, Texas, California and Hawaii getting criticized by retailers big and small. Texas has been among the most aggressive and controversial states for reopening its economy.

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