PYMNTS

FEBRUARY 4, 2020

Staples is thinking outside the box with a new store format that highlights podcasting, community events and coworking spaces. Retail, said per the announcement, “We recognize that the way people shop is changing, and with the launch of Staples Connect, we are adapting to fit the needs of our customers.” Mike Motz, CEO of Staples U.S.

Puerto Rico 151

Puerto Rico Virgin Islands Massachusetts Boston 151

Abrigo

FEBRUARY 12, 2020

“Macy’s closing 125 stores signals ‘more pain’ for retailers,” ABC News reported Feb. Retailers like Pier 1, Papyrus and Express are closing 1,000 stores. That’s just the beginning,” warned the Chicago Tribune less than a week earlier. CRE a top focus for many bankers. Assess and act on creditworthy CRE borrowers quickly.

Lending 195

Lending Trends FDIC Survey 195

PYMNTS

SEPTEMBER 20, 2019

Retailers are testing drone delivery to grow their omnichannel offerings and provide “store to door” on-demand service to their customers. This is the kind of omnichannel partnership and offering that can redefine convenience for our customers and communities – delivering items to homes in minutes, not hours or days.”.

Retail 112

Retail Las Vegas San Diego Virginia 112

PYMNTS

OCTOBER 15, 2018

Some properties have trendy retailers and strong entertainment options, while other malls may rely on anchor stores for traffic and may find it harder to fill the space left behind when one closes. One mall located outside of Chicago, for instance, lost a Carson’s store and also has a Sears.

Las Vegas 179

Las Vegas Retail Chicago New York 179

PYMNTS

JUNE 3, 2020

reported “continued momentum” with its The EXPRESSway Forward long-term strategy, as a phased reopening of retail locations started on May 1. The retailer, however, reported that consolidated net sales dropped 53 percent to $210.3 The retailer, however, reported that consolidated net sales dropped 53 percent to $210.3

Columbus 130

Columbus Illinois Ohio Guidelines 130

Abrigo

DECEMBER 18, 2023

WATCH Takeaway 1 Banks and credit unions are critical sources of capital for businesses in their communities, so how institutions assess CRE credits matters. But that might not be the best move for your financial institution or your community. I'm not saying go out and make every retail loan that you can get your hands on,” he said.

Risk Management 221

Risk Management Management Lending Capital 221

PYMNTS

APRIL 28, 2017

In an effort to help promote local businesses for National Small Business Week next week, Chicago’s Uptown Chamber group Business Partners joined up with Groupon for a community event called Discover Uptown Collection. Through this joint effort, the intention is to celebrate local merchants on the city’s picturesque lakefront.

Chicago 108

Chicago Community Course National 108

PYMNTS

JUNE 2, 2020

The fashion retailer will partner with nonprofit Delivering Good , which works to pull in retailers, manufacturers, foundations and individuals to support those in impoverished or low-income situations, according to the release. “This donation will have such a positive impact on men, women and disadvantaged young adults.”

Los Angeles 136

Los Angeles Chicago New York Training 136

PYMNTS

NOVEMBER 17, 2016

PetSmart has just reached a new retail milestone: It has opened its 1,500th store in North America. PetSmart is already the largest specialty pet retailer in the region, and it continues to grow. Canada-Puerto Rico-wide expansion effort in 2016 to grow the pet supply store’s retail footprint.

Puerto Rico 100

Puerto Rico Las Vegas Los Angeles San Francisco 100

PYMNTS

FEBRUARY 2, 2020

So-called “ghost” kitchens can take over retail, mall and warehouse space abandoned by struggling merchants. The first kitchens are being rolled out in New York, Chicago, San Francisco, Los Angeles and Miami, said Sam Nazarian, chief executive of SBE. Accor has a 50 percent stake in SBE.

Los Angeles 141

Los Angeles San Francisco Miami Atlanta 141

PYMNTS

MARCH 30, 2018

The retailer is continuing to test the lockers through an installation at a New Jersey store per a tweet from a Fortune writer, industry news source Chain Store Age reported. Shoppers can find the lockers adjacent to the retailer’s “At Your Service” counter at the New Jersey location.

New Jersey 100

New Jersey Chicago Retail Report 100

PYMNTS

JUNE 24, 2016

Every retailer has its own reason for approaching another brand with a business proposition. Fortunately, the rapid ebbs and flows of the modern retail landscape mean that there are always reachers and climbers that make the Retail Bedfellows Roundup. Instacart Partners Up, Straightens Out. 50 Shades Of Ray-Ban Displays.

Retail 101

Retail Branding Chicago Training 101

South State Correspondent

APRIL 10, 2023

CRE Risk Background While ten years ago, community and regional banks use to make up some 55% of the CRE market, in 2023, these banks now compose approximately 72% (below). The risk here is that community banks continue to take on an above-average amount of CRE credit exposure. This article explores the risk and what to do about it.

Community Bank 195

Community Bank Community Los Angeles Regional 195

PYMNTS

JULY 29, 2020

The retail news is full of companies that have made brilliant and sometimes dramatic pivots to catch up with the shift to Digital 3.0. Last week, it announced that its products would expand beyond the Twin Cities to Madison, Milwaukee, Chicago and (in September) Denver. “I But sometimes the pre-pandemic plans work out just fine.

Milwaukee 130

Milwaukee Community Minneapolis Denver 130

PYMNTS

NOVEMBER 9, 2018

If a brand decides to move forward with the shop, Nejati’s company sets them up with a retail fabricator, a point of sale (POS) provider, a designer and a merchandiser, among other professionals. Pop-Up Retail Trends. Brands are choosing to go the brick-and-mortar route because it allows them to build community.

Los Angeles 144

Los Angeles New York Branding Retail 144

PYMNTS

FEBRUARY 14, 2018

He first experienced it in his youth in the city of Chicago at specialty shops. But Chicago, a city of nearly 3 million people, unsurprisingly has somewhat more variety in its dessert offerings than Bowling Green, Kentucky — a city of approximately 65,000. .

Maine 100

Maine Kentucky Chicago Community 100

PYMNTS

JULY 20, 2016

Internet Retailer is reporting that grocery delivery service Shipt is adding alcohol to its list of shoppable products. Come July 27, customers in the Orlando area will be eligible to get their drink on courtesy of Shipt and partnering retailer ABC Fine Wine & Spirits , which operates 150 locations across Florida.

San Diego 100

San Diego Florida Seattle Chicago 100

PYMNTS

JULY 22, 2019

“There are a number of similarities between the levers of growth for Etsy and Reverb,” he added, “such as improving search and discovery, making selling and buying easier, and building a global brand and user community. Founded in Chicago in 2013, Reverb has been focused on making musical instruments affordable.

Marketing 109

Marketing Community Chicago Operations 109

PYMNTS

APRIL 25, 2019

Grocery stores are undergoing historic transformation thanks to digital technology, transforming from rather staid operations to places that feature the latest retail and delivery innovations. Chicago stands as a prime example of that, but it’s not the only one. Lyft Program.

Los Angeles 128

Los Angeles Washington Study Chicago 128

PYMNTS

JULY 22, 2019

“There are a number of similarities between the levers of growth for Etsy and Reverb,” he added, “such as improving search and discovery, making selling and buying easier, and building a global brand and user community. Founded in Chicago in 2013, Reverb has been focused on making musical instruments affordable.

Community 100

Community Chicago Operations Retail 100

PYMNTS

JANUARY 18, 2017

But perhaps that is the old conventional wisdom — the emerging idea is that online retailers are giving back some of what they’ve taken away these days. “We The firm takes in-person returns from participating online retailers at six malls in California, Chicago and Virginia. Lebovitz said, the number will grow.

Online 100

Online Retail Metro Virginia 100

PYMNTS

MAY 4, 2020

In Malaysia, a reader submission for The Malaysian Insight says the nation’s rallying cry, “Kita jaga kita,” should apply to the business community supporting its small business members though consistent supplier payments. In the U.S., who worked at companies of varying sizes … We learned that in the U.S.

Payments 161

Payments Chicago National Data 161

PYMNTS

FEBRUARY 13, 2017

have a retail crisis — or a small business crisis? Which is why “fixing” retail must include giving SMB merchants the tools they need to compete in the very dynamic environment that now defines Retail U.S.A. So, what does this all have to do with retail? Here’s a question: Does the U.S. Here’s an answer. We have both.

Retail 134

Retail Innovation Maine Online 134

PYMNTS

JANUARY 22, 2020

The company estimated the total impact for the cities hosting the events were $120 million for Chicago, $71 million for Montreal, and $54 million for Dortmund, Germany,” the report said. The gaming part of the mall will reside alongside some 200 retail stores there. million people from some 60 countries.

Georgia 132

Georgia St. Louis Atlanta New Jersey 132

PYMNTS

JANUARY 17, 2020

communities. communities. That matters because as time goes by and existing cities become prohibitively expensive — think San Francisco, New York City and Los Angeles, with Chicago, Boston and other areas not far behind — many younger, well-educated consumers are making moves to exurban or even rural areas, or smaller cities.

Payments 131

Payments Los Angeles San Francisco New York City 131

PYMNTS

FEBRUARY 28, 2018

After experimenting with pop-up shops, mattress retailer Casper has decided to open a permanent store. The store will also host community events focused on sleep and wellness. At the time, the company said the shops were open in cities such as New York, Los Angeles and Chicago through spring 2018. in October.

New York City 100

New York City Los Angeles New York Chicago 100

PYMNTS

OCTOBER 11, 2017

Chicago, Illinois. This week, Facebook announced it is increasing its office space in Chicago. The company first moved in to a half-floor last year and has since taken over the 28th floor of a 37-story office tower on Wacker Drive, The Chicago Tribune reported. Here are five locations to watch for activity in the near future.

social media 100

social media San Francisco Boston Chicago 100

Independent Banker

JUNE 30, 2022

Last year, community bank loan producers were faced with both record-low interest rates and a glut of deposits. But as they always do, they came through for individuals and businesses in their communities with a combination of personalized service and prudent risk management practices. First Community Bank of the Heartland, Inc.

Community Bank 172

Community Bank Community National Philadelphia 172

PYMNTS

JANUARY 18, 2018

Chicago, Illinois. Through this process, we learned about many new communities across North America that we will consider as locations for future infrastructure investment and job creation.”. Politicians across the U.S. But only one can be selected, and the top 20 from which the elect will be chosen include: Atlanta, Georgia.

Columbus 101

Columbus Los Angeles North Carolina New York 101

PYMNTS

OCTOBER 18, 2016

North Face has opened the doors on a two-level, 20,000-square-foot flagship in the old Manufacturers Trust Company building and has decked it out to be what North Face’s VP of direct-to-consumer retail, Erik Searles, describes as a fully fitting backdrop for the high-end camping and climbing gear on display.

New York City 100

New York City New York Chicago Community 100

PYMNTS

MAY 19, 2016

While that may sound like a line from a self-help book, it’s actually a business strategy that more and more retailers are adopting. A concept that may not seem so novel is actually driving some impressive growth for retail chains across the country and around the globe. Stores within stores. And that growth has continued.

Retail 100

Retail New York City Strategy Millennials 100

CB Insights

SEPTEMBER 26, 2018

While the store is a first for Nike, it’s part of a bigger trend in retail — product and inventory localization. how retailers can survive (and thrive) this holiday season. Learn about the technologies, innovations, and strategies that retailers can leverage during the holidays. Major retailers and brands go local.

Retail 64

Retail Los Angeles Strategy Community 64

PYMNTS

AUGUST 16, 2016

15) that it has entered into an agreement with the University of Illinois at Chicago to open a package pickup location inside the student center on the UIC campus, Amazon said in a press release. We couldn’t be more excited to bring Amazon to campus and continue to elevate the services we provide our community,” J.

Illinois 100

Illinois Chicago Community Retail 100

PYMNTS

JANUARY 7, 2020

They can then select a host, which could be, say, a retail store or hotel, and enter their drop-off and pick-up times in addition to their number of small and/or large bags. They’re “the fabric of all these different communities” in all these major cities, he noted.

New York City 132

New York City Washington Training Austin 132

PYMNTS

MARCH 11, 2020

billion, on an 82 percent increase in retail sales. The analyst community balked at longer-term questions about the company’s liquidity even though 2019 was the company’s sixth straight year of triple-digit revenue growth with over 177,000 cars delivered and just shy of $4 billion in revenue. In 2019, we increased GPU by $750. “We

Company 130

Company Miami San Antonio Oklahoma City 130

PYMNTS

MAY 26, 2017

According to Bloomberg Technology , the new offerings, called Lyft Lux and Lyft Lux SUV, will launch in Chicago, Los Angeles, New York, San Francisco and San Jose before expanding to 20 cities this summer. Lyft is introducing luxury black cars in five major cities this week in an attempt to compete for Uber’s high-end clientele.

San Jose 100

San Jose Los Angeles San Francisco Chicago 100

American Banker

JUNE 29, 2016

Canadian Imperial Bank of Commerce in Toronto has agreed to buy PrivateBancorp in Chicago for $3.8 billion, finally giving the Canadian bank a meaningful retail presence in the United States.

Chicago 34

Chicago United States Retail Community Bank 34