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Today In Payments: Atlanta Fed Warns Outbreaks Could Stall Recovery; Big Tech CEOs To Testify In Antitrust Probe

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Atlanta Fed Warns Recovery Could Stall As Outbreaks Surge. US Online Grocery Sales Hit $7.2B Online grocery sales growth continued in June as the pandemic continued to shape the way people shopped for necessities like food. Plus, a second Wirecard executive was arrested over the recent fraud scandal. The uptick in U.S.

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Saltbox Opens Co-Warehousing Space For SMBs

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To provide small to medium-sized businesses (SMBs) with co-warehousing and coworking space, Saltbox opened a 27,000-square-foot facility in Atlanta, according to an announcement. The company said Atlanta has a diverse and growing ecosystem, with new firms, new talent, more connectivity, and greater capital. Saltbox is the solution.”.

Atlanta 131
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CarMax Shifts Into eCommerce

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National used car retailer CarMax has announced the launch of a new omnichannel buying experience that will be made available first in Atlanta, Georgia. Customers can choose to purchase a car completely from home, in-store, or through an integrated combination of online and in-store experiences.

Atlanta 144
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The Home Depot Ramps Up Distribution To Meet Demand From Remodelers

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The largest of the three new Georgia operations, according to Home Depot, is a 657,000-square-foot distribution center in Locust Grove. The community is about 35 miles southeast of Atlanta on Interstate 75. ” In May, The Home Depot saw an increase in the average amount spent by customers per visit.

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Why Retailers Are Making mPOS Technology A Top Priority

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President of Operations Richard Ashworth said in an announcement , “Walgreens is focused on making shopping more convenient for our customers. Four hundred Atlanta-area Girl Scout troops will pilot Clover mPOS devices. By April, Alipay is set to expand to more than 7,000 Walgreens locations.

Retail 213
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Fiserv Adds Buy Now, Pay Later Option

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The Cambridge market research company also reported that more than 40 percent of online consumers who are aware of installment payments use that method to purchase goods. . the Australian FinTech operating in the U.S. The August issue of the Buy Now Pay Later Tracker – written in collaboration with Afterpay Ltd.,

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Sears Inks Deal With Amazon To Install Tires Bought Online

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The Ship-to-Store feature will be available in 47 Sears Auto Centers in Atlanta, Chicago, Dallas, Los Angeles, Miami, New York, San Francisco and Washington, D.C. We needed liquidity; I’ve provided it, but we can’t operate if we don’t have the necessary liquidity.”.