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‘Costco For Millennials’ Attracts Big Investors

PYMNTS

A popular eCommerce retailer, which has been called the “Costco for millennials,” is attracting potential investors, according to The New York Post. With warehouses in New Jersey, Dallas, Las Vegas and Atlanta, Boxed offers bulk-sized products similar to those found at big warehouse retailers like Costco Wholesale.

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Amid Changing Lifestyles, Homebuying To Continue Torrid Pace?

PYMNTS

million homes on the market. In terms of turnaround, properties were on the market for only 21 days. That means that sales — from listing to closings — have accelerated, as time on the market was 22 days in August and 32 days in September 2019. This implies that first-time buyers are being priced out of the market.

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Amazon Tracker: Busy Week

PYMNTS

The market cap sat at just over $407.5 First up, Amazon continues to grow its presence in the Indian market. Currently, Amazon hopes to take advantage of recently loosened restrictions on foreign retailers in India by expanding its online grocery venture into the nation of some 1.3 percent from Friday’s close.

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Grocery Round-Up: Digital-First Delivers For Kroger, Another Instacart Pair-Up And Hoarding Round 2

PYMNTS

Online sales were up 108 percent during the quarter. In late October , Cincinnati-based Kroger announced its “Restock Kroger” program — which aims to improve shipping, distribution and the links between its online and offline businesses — would be a major boost for shareholders. billion since March.”. "As

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This Week In Insurance Tech: Policygenius Raises $100M, Lemonade Enters Pet Insurance, Nationwide Expands Digital Footprint

CB Insights

Majesco , a New Jersey-based core insurance technology vendor, acquired Inspro Technologies , a Pennsylvania-based core insurance technology vendor, for $12M. . Justworks , a New York-based HR and benefits platform, raised a $50M Series E led by Union Square Ventures. Startups partner to boost agent/broker speed to market.

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The 2019 GonzoBanker Awards

Gonzobanker

The company’s market capitalization, which after declining to less than $600 million in the 2009 recession, has now grown to almost $3 billion. This was a terrific combination of two education-focused cooperatives across both Southern and Northern California markets. picks up Bancorp of New Jersey, Inc. Might be time to.

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The 2018 GonzoBanker Awards

Gonzobanker

PNC made a Gonzo move with a national digital expansion in 2018 with the unique idea of building a small number of branches in target metro markets like Kansas City and Dallas. Goes to the always-sharp Mitch Feiger and the team at MB Financial for the bank’s sale to Fifth Third at a 24% premium to market price in May.

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