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Kirk Muhlenbruck Named Market President for Merchants Bank in Northfield

MerhantsBanks

Muhlenbruck has more than 30 years of banking experience, serving mainly in senior commercial and retail leadership roles. Since 2005, he had been with […].

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Fiserv CEO Jeff Yabuki to Speak at Bank Innovation 2017

Bank Innovation

Yabuki joined Fiserv in 2005. Under his leadership, the company has grown revenue to exceed $5 billion annually, and serves more than 13,000 institutional clients. Fiserv CEO Jeff Yabuki has joined the speaker faculty of Bank Innovation 2017, taking place March 6-7 in San Jose. Fiserv also supports this site’s Read More.

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Popular Association Banking’s Molly Hime to Retire. Carlos Hernandez Named New Division Manager.                                       

PopularBank

Molly has been with Popular Bank since 2005 and was instrumental in growing PAB into a $2 Billion loan portfolio business and the national platform it is today. Under her leadership, the team has quadrupled in size and has originated more than $5 Billion in association loans as well as more than $1.6 Billion in deposits. “It

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Marc Lore Retiring From Walmart To Create City Of The Future

PYMNTS

Lore joined Walmart after selling his startup Jet.com to the retail giant for $3 billion in 2016. Lore also overhauled the retailer’s supply chain for two-day and same-day delivery. Marc’s leadership helped ensure we were positioned to respond to the demand driven by the pandemic this year,” said McMillon, per CNBC.

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Macy’s In Early Sale Talks With Hudson Bay As CEO Steps Down

PYMNTS

One possible acquirer that might already be in early-stage talks with the retail company is Toronto-based Hudson Bay Company, said the Wall Street Journal. Macy’s grew sharply under Lundgren’s near decade-and-a-half of leadership. In 2005, Macy’s (still called Federated Department Stores Inc. for about $11.5 for about $11.5

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The Lundgren Era At Macy’s Is Ending

PYMNTS

Macy’s has grown sharply under Lundgren’s near decade-and-a-half of leadership. In 2005, Macy’s (still called Federated Department Stores Inc. at the time) bought out the No. 2 department store chain, May Department Stores Co., for about $11.5

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Here Are 35 Casualties Of The Retail Apocalypse And Why They Failed

CB Insights

Modern-day retail is at an inflection point as retailers face struggling physical storefronts, massive debt, and inefficient operations, among other issues. Formerly beloved brands such as Aeropostale, American Apparel, and PacSun bit the dust in 2016, and the pace of retail deaths has accelerated since then.

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