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BofA eyes seven new markets, including New Orleans and Milwaukee

American Banker

The goal is to find growth opportunities that don't require operating a large number of branches, the executive indicated. Bank of America is also planning to expand into Madison, Wisconsin; Boise, Idaho; and Birmingham, Alabama, a company executive said.

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Rockwell Automation Takeover Targets Cybersecurity In Manufacturing

PYMNTS

A cybersecurity provider with over 20 years of experience, Avnet will bolster the Milwaukee-based Rockwell Automation’s pivotal goal of gaining double-digit expansion in the arena of information solutions and connected services. Cybersecurity is one of Rockwell’s fastest-growing divisions, the company said.

Las Vegas 132
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Fiserv Acquires Bypass Mobile

PYMNTS

Over 50 stadiums are already using the combined technology, including Fiserv Forum in Milwaukee; Clover Park in Port St. The two companies already had a strategic relationship with each other, and this acquisition builds on that. Lucie, Florida; and Citi Field in New York.

Mobile 131
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Local Governments Move In On Retail Vacancies

PYMNTS

It was supposed to be a thriving retail center in Milwaukee when it was built seven years ago. In fact, last week, it was announced that the building would be the new home of the Milwaukee School of Engineering’s K-12 STEM program. But it never happened. No one ever leased from the development called Viets Field.

Retail 135
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Prime Now Grocery Delivery Expands Across The US

PYMNTS

“Prime Now delivery continues to be a hit with our customers and we’re excited to introduce the service in five new cities plus more neighborhoods in the San Francisco Bay Area,” Whole Foods Market’s executive vice president of operations, Christina Minardi, said in the announcement.

St. Louis 116
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Bon-Ton Is The Next Retailer To File For Bankruptcy

PYMNTS

To keep its operations going, the retailer said it had lined up $725 million in debtor-in-possession financing as its case makes its way through bankruptcy court. Bon-Ton, a Milwaukee-based retailer, includes its eponymous stores in addition to Carson’s, Elder-Beerman, Herberger’s and Younkers.

Retail 128
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Bon-Ton Stores Will Close By August

PYMNTS

Still, Bon-Ton said its eCommerce and mobile platforms will continue to operate as its stores are liquidated. To keep its operations going during the bankruptcy court process, the retailer said it had lined up $725 million in debtor-in-possession financing.

Milwaukee 104