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Arkansas credit union taps mobile video banking to reach more customers

Bank Innovation

River Valley Community Federal Credit Union serves 7,200 members out of just two branches in southern Arkansas. Since its membership is spread out across the state and sometimes live as far away as 50 miles from a branch, it rolled out a video banking tool earlier this month to add a more human touch. The […].

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Walmart Tests Store Without Cashiers As COVID-19 Accelerates Change

PYMNTS

Whether cashiers go the way of the horse and buggy could hinge on an experiment Walmart is running in Arkansas. The largest brick-and-mortar retailer in the United States is replacing its traditional, cashier-staffed checkouts with self-checkout registers at its store in Fayetteville, Ark., according to local news reports.

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What banks can learn from Wal-Mart

Chris Skinner

Can Wal-Mart’s Expensive New E-Commerce Operation Compete With Amazon? A recent acquisition spree including Jet.com gives the retail giant much-needed digital chops by Brad Stone and Matthew Boyle from Bloomberg Business Week Last summer, Marc Lore, founder and chief executive officer of e-commerce startup Jet.com Inc.,

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JD Sports Purchases California-Based Shoe Palace

PYMNTS

Also, the Mersho Brothers, who operate Shoe Palace, have been issued equity in Genesis so that they will have 20 percent ownership of the enlarged group in the U.S. The chain currently has 167 retail locations, most of them operating under the Shoe Palace flag. 31, 2019, according to the announcement.

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Today In Retail: CarLotz Gets Green Light From Its Investors For Merger; PriceSmart’s Net Merchandise Sales Climb 7.7 Pct

PYMNTS

In today’s top retail news, CarLotz, Inc. Plus, Family Video said this week that its closing all of its physical retail locations. the warehouse club company, reported as part of its Q1 fiscal 2021 operating results that net merchandise sales rose by 7.7 Family Video opened its first retail location in the late 1970s.

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Walmart Revs Up Second Test Program For Drone Delivery

PYMNTS

For the second time in the past week, the retailer has announced a pilot program to test how well drones will pick up and deliver packages. The latest news has Walmart launching a drone delivery operation near the company’s headquarters in Northwest Arkansas.

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Walmart Laying Off More Than 1,200 Workers Even As Digital Shopping Booms

PYMNTS

In July , Walmart cut its workforce by laying off hundreds in its logistics, real estate and retail location-planning divisions. “We The retailer confirmed the new round of layoffs to Footwear News on Wednesday (Dec. Walmart told the news outlet the job cuts were part of a shift to omnichannel operations. “As

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