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ALDI Plans 70 New Store Openings In Expansion Push

PYMNTS

The value grocery chain also said it intended to come into the greater Phoenix market and continue to support Gulf Coast store growth with a new Alabama distribution center, according to a Tuesday (July 21) announcement. The grocer intends to break ground on its new Loxley, Alabama distribution center and regional headquarters next year.

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Uber Freight Rolls Out Platform For Shippers To Access Its Network

PYMNTS

Companies like American Tile & Stone and Premier Packaging have already begun using Uber Freight to improve their shipping operations, and we’re excited to now roll out the platform widely to our freight community,” the company wrote in the blog post.

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Stuck in the middle: Addressing the gap in senior housing with financial solutions.

PopularBank

The so-called “forgotten middle” has been a hot topic for many owners and operators as they look to enhance the options with independent housing and assisted living, hoping to help those trapped in the middle gap. Construction costs for middle-market senior housing. The rising construction costs limit the number of such developments.

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Restaurant Business Serves Up Mixed Plate For 2020

PYMNTS

That growth will be driven by a generally healthy consumer spend and tight labor market. To be successful, restaurant operators will look to strike the perfect formula of on- and off-premises for their business as consumers strive for convenience, but continue to look to the social escape that restaurants provide.

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Nuro Raises $940M From SoftBank For Robotic Delivery

PYMNTS

Nuro, the robotics company operating in the commerce market, announced on Monday (Feb. It also licensed its self-driving technology to Ike, an autonomous trucking company, and rolled out the first unmanned delivery service in Arizona. 11) that it has raised $940 million in financing from the SoftBank Vision Fund.

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The Bank Legacy Is Dead: Long Live the Fintech Collision

Gonzobanker

It’s been a long two years since bankers and investment bankers nationwide made their annual pilgrimage to the Arizona desert for the Acquire or Be Acquired conference – and ohhh man, a completely different world has emerged since the January 2020 get-together! An arms race in marketing and digital cannot be ignored.

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Alphabet Tracker: Waiting For Earnings, Waymo Grows Testing

PYMNTS

Now, all eyes are ahead once more for Alphabet’s upcoming Q1 earnings report slated for today after market close. This put Alphabet’s market cap well above $610 billion at the time. Waymo has not disclosed how many total vehicles will be operating in the region during the expanded public tests. billion for the quarter.

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