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Inside First National Bank of Omaha’s seven-person innovation lab

Bank Innovation

First National Bank of Omaha (FNBO), with $20 billion in assets and 5,000 employees, is building out its seven-person innovation group within the bank's namesake skyscraper in Omaha, Nebraska. The 162-year-old bank is remodeling the group's workspace to resemble a startup, with open, collaborative offices and Apple TVs adorning the walls.

Omaha 170
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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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Today In Payments: Study Shows Americans’ Savings Drying Up; State AGs To Press Own Case Against Google

PYMNTS

The states leading the probe include Arizona, Colorado, Iowa, Nebraska, New York, North Carolina, Tennessee and Utah. It works with all platforms and operating systems and gives developers the flexibility to build software that is adaptable to the circumstances needed. Amazon Prime Day Sees Small Business Sellers Rake In $3.5B.

Google 146
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Cabela’s Bids Expected This Week

PYMNTS

Struggling retailer Cabela’s is expecting bids this week for purchase. Cabela’s investor Elliott Management last year disclosed an 11 percent stake in Sidney, Nebraska-based Cabela’s and is reportedly urging a sale to pull value out of the hard-hit by recent trends retail operation.

Nebraska 148
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Kroger Debuts Rx Membership Program

PYMNTS

The program adds to the retailer’s Wellness Your Way platform, and was developed in partnership with GoodRx. “Kroger operates nearly 2,200 pharmacies, serving millions of customers across America. Kroger will take over Shopko pharmacy records in Utah, Nebraska, Idaho, Washington and Montana as well.

Milwaukee 116
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DOJ Discloses Terms Of Agreement In Sprint, T-Mobile Merger

PYMNTS

Sprint will let go of Boost Mobile, Virgin Mobile and its prepaid phone operations, and both companies will let go of wireless spectrum so that it can be used by Dish Network. Dish will get at least 20,000 cell sites and hundreds of retail stores. It will also have access to T-Mobile ’s network for a period of seven years.

Mobile 115
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Here Are 35 Casualties Of The Retail Apocalypse And Why They Failed

CB Insights

Modern-day retail is at an inflection point as retailers face struggling physical storefronts, massive debt, and inefficient operations, among other issues. Formerly beloved brands such as Aeropostale, American Apparel, and PacSun bit the dust in 2016, and the pace of retail deaths has accelerated since then.

Retail 78