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COVID Spawns Local SMB Loans, Mask Shortages And More Suburban Starbucks

PYMNTS

With federal COVID-19 stimulus programs dried up for the moment and talks to renew them stalled, local communities are looking to fill the void by providing loans to SMBs that have been slammed by the coronavirus. For example, 49 percent of consumers are shopping more online and less in stores.

Michigan 249
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How community banks can help young homebuyers

Independent Banker

But there are ways community banks can help mortgage-seekers get on the property ladder. Burmis, senior vice president and retail lending manager at $450 million-asset Chelsea State Bank in Chelsea, Mich. So how can community banks help? By Beth Mattson-Teig. Plenty of tools in the box. Flexibility needed.

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Grocery Roundup: New Amazon Fresh Store, SpartanNash Puts Incentives In ‘Fast Lane,' Walmart On Autonomous Delivery

PYMNTS

The news comes as the first Amazon Fresh opened , with the eCommerce retailer providing access to the general public to the Los Angeles store in September. As it stands, 69 SpartanNash stores in Wisconsin, South Dakota, North Dakota, Nebraska, Minnesota and Michigan provide the Fast Lane offering.

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Want To Build A Retail Experience? Get An Incubator

PYMNTS

You’ve probably gotten the memo already, but in case you missed the message, here you go: Mere retail is boring. Mere retail is not enough. According to Foot Locker , that store has 8,500 square feet of retail space and “is home to an activation space that will host regularly scheduled events and activations for the sneaker-obsessed.”

Retail 108
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Is Amazon’s Delivery ‘Purge’ A Boon To Last-Mile Rivals?

PYMNTS

There are another 120 workers slated to be let go in Michigan. “We We have a responsibility to our customers and the communities where we operate to ensure these partners meet our high standards for things like safety and working conditions,” said an Amazon spokeswoman, according to Bloomberg last week.

Michigan 196
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NRF Asks Government To Give Notice Before Ordering Store Closures

PYMNTS

Things are getting a bit testy in retail land. The world’s largest retail trade group sent a letter on Monday (March 16) to the National Governors Association and the U.S. Conference of Mayors stating its subtle displeasure about retailers finding out about mandatory store closures in the press.

Retail 141
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Michigan Bankers, Local Newsrooms Work Together to Promote Banking

ABA Community Banking

Through a TV news partnership, one state bankers association is raising public awareness about what banks do, the safety they provide and the support they give their communities. The post Michigan Bankers, Local Newsrooms Work Together to Promote Banking appeared first on ABA Banking Journal.