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ABA Foundation announces winners of Community Commitment Awards, Distinguished Service Award

ABA Community Banking

The ABA Foundation named seven banks as 2024 Community Commitment Award winners. Raul Valles of Dallas Capital Bank in Texas to receive the George Bailey Distinguished Service Award. The post ABA Foundation announces winners of Community Commitment Awards, Distinguished Service Award appeared first on ABA Banking Journal.

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State Governments Deliver Mixed Messages On Reopening Retail

PYMNTS

State governments are dropping the ball on retail reopenings. As the week plays out, inconsistent direction and confusion have been standard with New York, Texas, California and Hawaii getting criticized by retailers big and small. We are not telling locals that feel it’s too soon, too fast, to modify. Yet the state has reopened.

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Retail Pulse: 7-Eleven Tests Cashierless Tech; Staples Debuts Connect Store Concept

PYMNTS

Brick-and-mortar retailers are testing convenience store designs that let consumers skip the checkout line and pay for their purchases with their mobile phones. 7-Eleven President and CEO Joe DePinto said in an announcement , “Retail technology is evolving at a rapid pace, and customer expectations are driving the evolution.

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Why Pets Are Pulling Retail Innovation’s Leash

PYMNTS

Pet retail is having a moment, with innovation and other efforts helping merchants better reach owners of dogs, cats and other household animals. Pawscout, as it turns out, just launched its $20 pet tags in Walmart — and is selling the product via other retailers, Chavez told PYMNTS. physical retail landscape.

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Starbucks Opening Two New Locations To Boost Minority Business

PYMNTS

Starbucks announced that it will open stores in Dallas, Texas and Trenton, New Jersey as part of its program to invest in at least 15 underserved communities across the nation by 2018. According to Chain Store Age , the store in Dallas will open in spring 2018, while the one in Trenton will open later this year.

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Toy Fair Takes Business Into Its Own Hands

PYMNTS

In what appears to be an unprecedented move, an industry trade association is stepping in to help restart a retail community hit hard by the COVID-19 pandemic. These three virtual market weeks can help answer member and toy community needs. 14 to 20, all aimed at salvaging fourth-quarter buying decisions among retailers.

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Retailers Take Omnichannel Approach To Loyalty Programs

PYMNTS

And now, Amazon is bringing its annual retail holiday “Prime Day” to Whole Foods. Going forward, the idea could expand beyond the walls of Whole Foods, as Amazon Prime can be an onramp to a local community of sellers who need foot traffic to their stores to compete. However, not all retailers are taking Amazon’s approach to loyalty.

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