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CarLotz Gets Go-Ahead From Its Shareholders For Merger With SPAC

PYMNTS

is a special purpose acquisition company (SPAC) “formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses,” according to the announcement. Acamar Partners Acquisition Corp. The company landed $305.6

Exercises 200
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Commercial Credit Trends – Where to Tread Carefully

South State Correspondent

This data is critical for pricing, capital allocation, and marketing. The operative question is when commercial PODs will show a spike. AL ranks in the middle for overall risk, so they are not called out below, but because of the volatility, banks should monitor and exercise caution. Once again, it is time to play more defense.

Trends 195
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Delivery Delays Of 3 Months Or More Hamper Peloton

PYMNTS

BMO Capital Markets analyst Simeon Siegel reportedly told the Times, “We’re finding that Peloton the idea has grown faster than Peloton the company. The paper also pointed out that Peloton’s operations have been hurt by COVID-19, and that the company recently bought a U.S. All companies need to figure out how to grow into their hype.

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ClassPass CEO On Getting The Fitness Industry Back Into Fighting Shape

PYMNTS

Navigating the pandemic-altered landscape has been difficult for fitness operators forced to close their physical locations and translate in-person services into digital offerings. He said that consumers still like the immersive and varied exercise experiences that in-person gyms are uniquely able to offer. What’s Next.

Industry 207
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‘reCommerce’ Marketplaces Eye Sustainability, Partnerships

PYMNTS

Wainwright noted that the first step in automating its inbound operations involved pricing. While the company made much progress on pricing automation , Wainwright noted that it also exercises human oversight to ensure that it capitalizes on market opportunities. Retail Partnerships.

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Connected Fitness Gets Into The Boxing Ring

PYMNTS

Prior to founding Liteboxer, he founded Spark Capital. The company will operate on a DTC basis for the foreseeable future, although they have received inquiries from gyms and fitness retailers. So I thought about applying a kind of rhythm to the punching bag, as kind of an interactive sparring partner.”.

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10 Data-Driven Ideas To Increase Branch Engagement

South State Correspondent

The operative question is: given online and mobile banking, what is the new role of the branch? At an average of $1 million per year to operate, the branch is the most expensive per unit channel in banking, given that a good branch serves 2,000 to 3,000 customers. Branching is expensive – banks need to use the asset wisely.

Data 195