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Nordstrom Shutters Oregon Store As It Pushes To Go Private

PYMNTS

Nordstrom is making the rare move to shut down a full-line department store in Salem, Oregon, a decision that will likely cost about 130 workers their jobs. The switch to a private designation for Nordstrom has been underway since 2017, though the brand ran into hurdles in securing sufficient financing to make the deal happen.

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Retail banking trends to look out for in 2023

Independent Banker

ITMs and VTMs are popular retail banking innovations among community banks. What’s on the horizon for retail banking? According to a new report from PwC titled “Retail Banking 2025 and Beyond” (see sidebar), the retail banking industry is undergoing tremendous change—but, of course, community bankers already know that.

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Legal Pot Starts Pulling Its Retail Weight

PYMNTS

Trends in legal cannabis retail are just now emerging, and fresh numbers from Colorado are providing insight into how the industry is evolving. Other figures also point to how much consumers are spending on legal retail pot. Legal retail cannabis may be spreading throughout the U.S., Companies also have made more than $6.5

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Amazon To Shut Down Free Sample Program

PYMNTS

Amazon is no stranger to privacy issues, and recently f ive senators wrote a letter to Amazon CEO Jeff Bezos, asking him to explain how security surveillance company Ring uses peoples’ data and videos. They asked whether the technology could be accessed by foreign entities and whether the technology posed a risk to national security.

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Amazon Discontinues Free Sample Program

PYMNTS

Amazon is no stranger to privacy issues, and recently f ive senators wrote a letter to Amazon CEO Jeff Bezos, asking him to explain how security surveillance company Ring uses peoples’ data and videos. They asked whether the technology could be accessed by foreign entities and whether the technology posed a risk to national security.

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Late Payments Sound Sour Notes in US

PYMNTS

In Oregon, and as reported by The Statesman Journal , the Willamette Country Music Festival may be cancelled in future years amid widespread late payments to that festival’s vendors. In one example, police departments have said that they will not provide security to the event as a local sheriff’s department has been owed $78,000.

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Online Grocery Ordering Coming To SNAP Recipients

PYMNTS

Reports indicate other retailers will join the program next month. The pilot itself will also extend beyond New York’s borders: Alabama, Iowa, Maryland, Nebraska, New Jersey, Oregon and Washington are all slated for tests. The newly announced pilot is designed to test technical and security issues before it rolls out nationwide.

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