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Adult Sneakers Drive Shoe Carnival’s Record Q3 Sales

PYMNTS

Currently operating in 35 states in the U.S. and Puerto Rico, the shoe retailer is planning four new locations. He added that digital marketing and eCommerce efforts “continue to far exceed expectations” with high-double-digit traffic growth and sales growth of over $20 million.

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MoneyGram Extends Relationship With Walmart

PYMNTS

Puerto Rico and on its digital platform at walmart.moneygram.com. While operating income was $22 million, up 54 percent, net losses were $4.6 MoneyGram International , the global peer-to-peer payment and money transfer company, has extended to its relationship with Walmart Inc. million in Q2. “As

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NEN Widens USAT Partnership For Cashless Payments Growth

PYMNTS

Cashless payments firm USA Technologies (USAT) is expanding its partnership with amusement kiosk operator National Entertainment Network (NEN) to bring expanded cashless payment options to more vending machines and devices, the companies announced in a press release on Friday (Nov. and Puerto Rico.

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JCPenney Explores Debt Restructuring Options With Advisers

PYMNTS

To look into debt restructuring options that would provide the retailer more time to make a turnaround, JCPenney Co Inc has reportedly hired advisers. The retailer is said to be looking into options encompassing negotiating with creditors or raising more cash. The retailer operates over 860 stores and has 95,000 workers.

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Retail Pulse: Stein Mart Plans Amazon Locker Rollout; Dressbarn Stores To Close

PYMNTS

Brick-and-mortar retailers are joining forces with Amazon in moves that could help bring shoppers into their stores: Stein Mart , for instance, announced this week that it plans to roll out Amazon Hub Lockers at stores in 28 states. Ascena Retail Group is planning to shutter approximately 650 Dressbarn locations. From Next in the U.K.

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Popular Bank Implements Branch Realignment in the New York Metro Region to Enhance Focus on Communities and Small Business Support

PopularBank

SAN JUAN, Puerto Rico – October 28, 2020 – Popular, Inc. The branch closures, which are expected to be completed simultaneously by January 29, 2021, are projected to reduce annual operating expenses by approximately $13 million. bank holding companies by assets. Virgin Islands.

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Popular turns 128 years old.

PopularBank

Popular Bank Chief Operating Officer Manuel Chinea reflects on Popular today. We continue to work alongside our retail and business customers to help them enhance their resilience and prosperity while finding ways to provide exceptional service. billion in both rounds of the program, assisting clients in Puerto Rico, the U.S.