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Car Subscription Market Set To Grow 71 Percent By 2022

PYMNTS

BMW, for example, launched a pilot dubbed Access by BMW in Tennessee. Beyond BMW and Cadillac , the subscription market is growing as consumers and brands take note: Software vendors, too, are turning to subscriptions, according to the PYMNTS Subscription Commerce Tracker. That could be an interesting option for us.”

Marketing 110
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IKEA Cancels Planned Stores Amid Focus On eCommerce

PYMNTS

growth, IKEA is reining in its brick-and-mortar expansion efforts: The furniture retailer cancelled planned stores in North Carolina, Tennessee and Arizona. They have found that in a number of established markets, they are really behind the curve in terms of online,” said GlobalData Retail Analyst Neil Saunders told USA Today.

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Kroger Expands Home Chef Meal Kit Offerings To New Stores

PYMNTS

“Home Chef is proud to continue our evolution toward becoming more than a meal kit delivery brand,” said Pat Vihtelic , Home Chef’s founder and CEO. In addition, Home Chef announced the launch of a customizable meal kit feature for online orders, so that customers can easily change and upgrade recipe ingredients.

Ohio 116
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New Carro Hire Shows How Vehicle Subscriptions Are Growing

PYMNTS

As digital and mobile technology changes the automotive market, vehicle subscription and online marketplace businesses are also growing, and undergoing changes. Automotive sales are increasing going digital — and more consumers are buying more used products of all types online. Toyota’s Move.

Nashville 130
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Retail Pulse: Wayfair Opens Mall Store; Banana Republic Unveils Style Passport

PYMNTS

Online furniture retailers are stepping further into the world of physical retail with permanent brick-and-mortar stores. News surfaced last October that Wayfair was planning to open two pop-up shops at the beginning of November to create an interactive brand experience. Retail furniture is no stranger to the brick-and-mortar world.

Retail 109
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Walden Mutual aims to serve New England’s food community

Independent Banker

includes (from left): Christina Johantgen (head of marketing and creative), Joe York (head of product), Kelsey Cahill (summer associate), Jackie Charron (chief operating officer and executive vice president), Debbie Morin (chief financial officer), and CEO Charley Cummings. Building a bank brand with impact.

Community 170
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The Unattended Path To Car Buying

PYMNTS

A company called Carvana is looking to bring convenience to car-buying with their new branded coin-operated car vending machine, recently opened in Nashville, Tennessee. PYMNTS caught up with Ernie Garcia, founder and CEO of Carvana , to find out more about the new way to buy a car. .

Nashville 104