Numerous obstacles can get in the way of a retailer’s cash flow management: seasonal spikes and dips in demand, inventory management needs, payment processing inefficiencies, cash reserve complications. While 62% of retailers say they’re comfortable with their cash flow, this is lower than other...

Expectations for the future of the economy were for slower growth over the next six months due to uncertainty around the upcoming election, domestic policy, geopolitical conflict and inflation. As your local bank, we look forward to providing insight and helping decision makers manage their...

Gone are the days when shoppers would buy a product based solely on appearance, practicality, or price. While these factors still matter, more and more are driven by purpose, with 82% of U.S. consumers preferring to support brands that reflect their personal values and beliefs. This embrace of...

Given the rising concerns over inflation, dwindling personal savings, and perceived instability in the job market, recent surveys have found that consumers plan to reduce their spending on nonessential goods and services. This shift in consumer behavior necessitates that retailers reevaluate their...

By: Paul Dickson, Director of Research and Giri Krishnan, Senior Portfolio Manager Is the check engine light flickering? Economic data has become more mixed with signs of both growth and fragility. If the Fed wants to engineer a “soft-landing,” or perhaps even the elusive “no-landing” scenario we...

Convenience and personalization are at the forefront of the modern shopping experience. With today's consumers seeking seamless interactions across all platforms, developing a robust omnichannel retail strategy has never been more important. From social media to retail brick-and-mortar storefronts...

Driven by supply chain disruptions and the meteoric rise of e-commerce, the warehousing and wholesale business landscape has undergone a rapid transformation in recent years. In this era of unprecedented challenges, business owners face a pivotal decision: invest in expanding physical infrastructure...

Retail technology trends are changing more rapidly than ever before. The COVID-19 pandemic alone launched a wave of new business practices, such as contactless payment and in-store pick-up, while also pushing retailers to focus more closely on their eCommerce strategies. For retail business owners...

Wondering how to adapt wholesale inventory management strategies in the face of supply chain challenges? Here, we consider some valuable insights on navigating these evolving dynamics, focusing on resiliency in uncertain times. The supply chain has been a rollercoaster ride these past few years...

Data is under siege. There are over 2,200 different cyber attacks each day, which breaks down to one attack every 39 seconds. With such high volume, it’s no wonder that estimated cybercrime costs are expected to eclipse $10.5 trillion worldwide in 2025. From phishing scams and ransomware to insider...

Quarterly Market Review: Q1 2024 By: Paul Dickson, Director of Research and Giri Krishnan, Senior Portfolio Manager Could there be “no landing” for the U.S. Economy? In defiance of the expectations of many economists, the U.S. Economy continues to show remarkable resiliency. The surprisingly strong...

Running a successful nonprofit comes with a unique set of challenges. The very nature of your organization means tight budgets and limited resources. But maintaining a digital presence in today’s internet age can help you raise money and spread awareness. Specifically, you can reach broader...