Enticed by prospects for increased store traffic -- and hefty revenues from lease contracts -- retailers are rapidly signing on with banks to install branches in their stores. Banks are all too happy to bypass the brick-and-mortar investment of building a new branch, and retailers have readily accepted their new role as landlord. Today, some 4,000 supermarkets feature branches and 1,000 more stores are projected to add banks in 1997, industry sources said. Although retailers generally ...
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