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Retail Pulse: Google Mulls Chicago Flagship; Sam’s Club Repurposed For eCommerce

PYMNTS

It’s not uncommon for online brands to open brick-and-mortar stores, and it seems that Google may be the latest digitally native brand to take the plunge into offline retail. The company is reportedly looking to bring a two-story flagship store to the Windy City, according to the Chicago Tribune.

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Another Online Lender Announces Layoffs

PYMNTS

The news came late last week amid what Crain’s Chicago Business said is “an abrupt negative turn in investor sentiment toward consumer lenders of all stripes.”. The downturn is leading the online lender to walk away from previously held plans to expand beyond consumer loans to credit cards and also refinancing of auto loans.

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Are Online Merchants The Mall’s Unlikely Salvation?

PYMNTS

One might imagine that mall operators nationwide take a rather jaundiced view of the internet, since online shopping has more or less killed the mall. 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

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Shuttered Sam’s Club Converted Into eCommerce Center

PYMNTS

After closing its doors earlier in the year, a former Sam’s Club store outside of Chicago will become a fulfillment center for eCommerce orders. the Chicago Tribune reported. Once completed, the new center will serve as a regional hub for Sam’s Club online orders and will cover several hundred miles around Chicago.

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Easy Ways BSA Officers Can Get Their Required Training

Abrigo

Due to the heightened knowledge and expertise required for BSA officers, their training requires resources beyond reading periodicals and online articles and/or completing general staff training,” the Minneapolis Fed’s newsletter said. One option that makes it easy for BSA officers to complete required training is to attend regional meetings.

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Pizza Goes High-Tech

PYMNTS

But then again, New Yorkers take pizza unusually seriously, a fact former Daily Show host — and proud New York style pizza fan — Jon Stewart proved during 3:32 minutes of pure unadulterated hatred for Chicago-style pizza. How appetizing.

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Today In B2B: Orange Bank's SMB Takeover; EU Supply Chain Default Fears

PYMNTS

The European Banking Authority (EBA) will begin requiring companies that provide loans in the region to follow a single definition for default this year, after it saw high variances in the ways they contend with basic banking issues, Bloomberg noted. billion ($31.3 billion) in soured debts.

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