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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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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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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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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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15 Minutes With … Jimmy Rasmussen

Independent Banker

IB: You were recently reelected to serve a second term on the Federal Reserve Bank of Dallas board of directors. I do my best to be their voice at our Dallas meetings. IB: What kinds of insights do you provide as a director to the Dallas Fed? IB: What kinds of insights do you provide as a director to the Dallas Fed?

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Gold’s Gym Files For Chapter 11 Bankruptcy

PYMNTS

The Wall Street Journal reported that the Dallas-based chain will permanently shutter 32 corporate-owned gyms and restructure its balance sheet. Bankruptcy Court in Dallas. Gold’s Gym International Inc. The company said they will continue to pay vendors and plans to emerge from bankruptcy by August 1 or sooner.

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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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