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eScooter Startup Lime Exits 12 Markets, Fires 14 Pct. Of Staff

PYMNTS

Lime is striving to reach profitability in 2020 and is laying off about 14 percent of its workforce — roughly 100 people — and ceasing operations in 12 markets, according to reports on Thursday (Jan. These market closures have an effect not just on riders, but on our whole Lime community.

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7-Eleven Launches Beer Delivery In Select US Markets

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Convenience store operator 7-Eleven is launching beer and cider delivery in select U.S. ” According to Fortune , the company will test the service in 18 markets: Austin, Texas; Charlotte, North Carolina; Chicago, Illinois; Dallas-Ft. .” Customers can place their beer orders via the 7Now app.

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UPS Looks To Drones To Speed Up Delivery

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The company is also looking into extending its hours of operation and deploying autonomous delivery automobiles. “In In 2019, UPS launched more new services and operational innovations than in any year in the company’s recent history,” said UPS Chairman and CEO David Abney. “We billion into its facilities in Pennsylvania.

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PriceSmart Net Merchandise Sales Rise 7.7 Pct

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reported as part of its Q1 fiscal 2021 operating results that net merchandise sales climbed 7.7 In November, mobility restrictions were reduced in many of our markets. The firm said comparable net merchandise sales for the 43 warehouse clubs that have been in operation for more than 13.5 Warehouse club retailer PriceSmart, Inc.

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Taking The Chaos Out Of Lunch With B2B Delivery

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It’s essentially consumer food delivery with a B2B base, which CEO Ben Cattoor noted was an delivery innovation that was lacking in the market. According to Cattoor, the solution is a better, more streamlined flow of operation, in which the consumers themselves are not the main point of contact. in San Diego.

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Petco’s $864 Million IPO Beats Forecasts 

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The San Diego-based pet care chain is pricing its 48 million shares of Class A common stock at $18 each, beating forecasts. This IPO marks Petco’s third foray into the public markets following filings in 1994 and 2000. Petco raised $864 million in an initial public offering (IPO) scheduled to start trading on Thursday (Jan.

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McDelivery Is McDominating In 1,000 New Markets

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3,500 more McDonald’s markets are going to be lovin’ it by the end of June as delivery service rolls out to even more restaurants. On Wednesday (May 31), McDelivery with UberEATS launched at locations in the New York Metro Area, Fresno, Seattle, Denver, Dallas, Houston, San Antonio and Washington, D.C.

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