Business: Retail News
Pasadena Bank Survey Reveals Gen X, Millennials Prioritize New Year’s Resolution Savings Over Baby Boomers

Millenials and Gen Xers are at least twice as likely to prioritize savings as a New Year’s resolution than Baby Boomers, a survey by Pasadena-based CIT bank showed. The survey, conducted online between October 3-5, 2017, by Harris Poll on behalf of CIT, showed 67 percent of millennials and 54 percent of Gen X respondents plan to include savings as a goal in the New…

Pasadena’s Wetzel’s Pretzels Named One of Top Three Fastest Growing Franchise Snack Brands

Wetzel’s Pretzels, the Pasadena-based innovator in the fresh-baked pretzel category, has been named one of the fastest growing snack-focused franchise brands by Franchise Times, a Minneapolis-based magazine providing news and information on the franchising industry.…

Pasadena Service Federal Credit Union’s New CEO Brings Small Business Charm to Big Business Goals

Pasadena Service Federal Credit Union’s new CEO James Chang has a 20-year resume transforming local branches in the credit union industry from Seattle to Los Angeles; with a passion for creating a small business charm…

Amazon Rolls Out Pop-Up Shops in Pasadena Whole Foods Stores

Amazon pop-up stores will open nationwide in 100 Whole Foods Markets next week including at Pasadena locations as Whole Foods and Amazon introduce a new strategy for selling Amazon devices such as the all-new Amazon…

Community Bank Reports Record Earnings, Record Levels of Loans and Deposits

Community Bank (OTC:CYHT), founded in 1945, is an independent Southern California regional community bank, with assets of $3.7 billion, and headquartered in Pasadena with 16 business centers. Financial highlights: • Net income was $10.1 million…

Pasadena Company Announces ‘World’s Most Elegantly Simple Desktop 3D Printer’

Pasadena-based New Matter Inc., a leading desktop 3D printing company, said it has released its second generation of its MOD-t 3D printer. Three years ago,…

Pasadena’s Heatwurx Announces Asset Purchase Agreement with Promet Therapeutics

Pasadena-based Heatwurx, Inc., an asphalt repair equipment and technology company, has signed an Asset Purchase Agreement with Promet Therapeutics, LLC. a statement from the company…

Jane Wood to Retire as Wescom Credit Union’s EVP and COO

Wescom Credit Union’s EVP and COO Jane Wood is retiring on February 2, 2018 after 20 years with the Pasadena-based financial institution. Wood currently oversees…

Kevin Costner Backed Pasadena-Based Startup Names New CEO

Lender Price, a Pasadena-based mortgage pricing engine startup that includes actor Kevin Costner among its original investors, has named Jerry Halbrook as its new chief…

Pasadena Service Federal Credit Union Christens Covina Branch with Ribbon Cutting

The house, or should we say branch, was packed with notables as Pasadena Service Federal Credit Union cut the ribbon on their newest branch in the city of Covina. The full service branch will operate under its former name, Printing Office Federal Credit Union, but now under the umbrella of its parent company PSFCU. This is a momentous event for Pasadena Service Federal Credit Union as this brings jobs and opportunities for the city of Covina and continues to extend the reach for PSFCU. The event was capped off with refreshments and nosh for all. To learn more about the…

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