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Another Maryland threat to bank partner model lending

CFPB Monitor

A Maryland administrative action recently removed to the state’s federal district court illustrates how Maryland law continues to present challenges for the bank partner structure used by many lenders. The new Maryland matter demonstrates that participants in bank model programs continue to face state licensing threats.

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Retail Foot Traffic Dips As COVID Cases Rise

PYMNTS

Up until then, retail levels were improving somewhat since the all-time low in April while the country was on lockdown. But customers have begun retreating from retail for the second time due to the increase in cases. The spikes in cases have been particularly noteworthy in Florida and Texas. The other 37, plus Washington D.C.,

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Beverage Makers Get Into Experiential Retail Spirits

PYMNTS

Beverage brands are getting in the experiential retail spirit by crafting new spaces dedicated to encouraging libation aficionados to try out their products. The idea is to create a place where the brand can feature its products — and consumers can discover them. Shoppers may want evidence that they made the trip, after all.).

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Retailers Scoop Up Former Toys R Us Locations

PYMNTS

Months after Toy R Us sought to liquidate its holdings in the United States, merchants have taken up space left behind by the toy retailer. Ollie’s Bargain Outlet Holdings, for example, opened the doors to a location in Maryland that was home to Toys R Us in the past.

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Retail Pulse: Framebridge Opens DC Store; Starbucks Hits 30,000-Location Milestone

PYMNTS

Online brands are stepping into the world of brick-and-mortar, opening their own physical locations to help consumers experience their concepts in real life with the help of digital technology. and Bethesda, Maryland, that will work to mirror the company’s online experience. The 20 largest brands notched a 1.2

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Sneaker Sales Propel 3Q Surge In Under Armour Earnings

PYMNTS

Patrik Frisk, president and CEO of Under Armour, told The Baltimore Sun that the company is focused on returning to profitability and is planning to invest in eCommerce and company-owned retail outlets. . The brand is also making moves to reel-in the number of brick-and-mortar locations that carry the Under Armour line. .

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Payless Pops-Up For The Holidays

PYMNTS

And New York is just the starting point — Payless is all-in on pop-ups this season, with locations planned for Whittier, California; Alpharetta, Georgia; Paramus, New Jersey; Limerick, Pennsylvania; Clarksburg, Maryland; Hagerstown, Maryland; Hickory, North Carolina; and El Paso, Texas. Paul Jones stepping down. Over half (59.5

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