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Sales Were Up, Foot Traffic Was Too — But Lowe’s Disappointed Investors

PYMNTS

Given the rapidly evolving competitive landscape, we are also accelerating our strategic investments, leveraging the benefits of tax reform.”. Although the retailer’s revenue number was a beat, it still represents a year-over-year decline of about 2 percent — Lowe’s just declined less than analysts were expecting. tax reform.

Nashville 100
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New Carro Hire Shows How Vehicle Subscriptions Are Growing

PYMNTS

Those two retail trends have recently collided in Southeast Asia, where Carro, an automotive marketplace and financing provider, reportedly has bought Jualo, an online marketplace for used goods from some 300 product categories. With the pilot, Mercedes-Benz is launching three tiers: Signature, Reserve and Premier. Ford Retreat.

Nashville 130
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Mercedes-Benz To Pilot High-End Vehicle Subscription Service

PYMNTS

The service will run in partnership with Mercedes-Benz dealers and will launch as a pilot in June in Nashville and Philadelphia. It includes a $500 activation fee, credit check and also covers vehicle tax, registration, insurance and maintenance. They just want to go month by month and are willing to spend for that.”.

Atlanta 101
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Ford Drops Out of Vehicle Subscriptions, While The Space Continues Acceleration

PYMNTS

Retail and wholesale pricing for cars at all levels – new and used – is now transparent to anyone with a smartphone in their pocket or an internet connection via a computer. In addition, Mercedes-Benz Collection is expanding its Nashville, Tennessee offering to include the Premier tier. One factor?

Georgia 100
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Fizzle Of The Week: The NYC Amazon HQ That Will Never Be

PYMNTS

Amazon confirmed that it will instead move forward with plans for Northern Virginia and Nashville, and continue to hire and grow across its “17 corporate offices and tech hubs in the U.S. Taxes generated by those sales were up 8 percent last year, indicating that this “bud”ing industry is worth big bucks indeed. and Canada.”.

New York 115
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2021 GonzoBanker Awards

Gonzobanker

Randy Stevens , CEO , First Farmers and Merchants Bank , Nashville TN. But this was a huge endorsement of FIS’ core modernization strategy, of Code Connect as an emerging API superstar, and of Commercial Express as a proof point that next gen cores aren’t just for retail banking. Lifetime Leadership Achievement Awards.

Fintech 143
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11 Lessons From Startup Chapter 11s

CB Insights

The marketplace blended crowdsourcing and social media to create hype around new inventions; help inventors find partners, funding, and manufacturing resources; and sell their gadgets to major nationwide retailers such as Home Depot and Target. Nasty Gal: Applying the hyper-growth model to physical retail is hard. Total Funding: $60M.

Apple 78