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The Limited Brand’s Days Could Be Limited

PYMNTS

28, the Limited brand filed a WARN notice with the Ohio Department of Job and Family Services, which included a statement that “a mass layoff” — up to 248 employees — will occur and that its headquarters may be closing in New Albany, Ohio. The letter was also sent to the company’s employees.

Ohio 100
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The Limited: Out With Stores, In With eCommerce

PYMNTS

28, the Limited brand filed a WARN notice with the Ohio Department of Job and Family Services, which included a statement that “a mass layoff” — up to 248 employees — will occur and that its headquarters may be closing in New Albany, Ohio. The letter was also sent to the company’s employees.

Ohio 100
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How the PPP + Technology Means MBL Growth and More for Credit Unions

Abrigo

Technology can facilitate delivery on credit unions' brand promise of relationship-based services. Being able to collect applications, required documents, and borrower signatures without in-person meetings allowed the financial institution to scale its operations – ultimately benefiting more business owners in the community.

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Paya Acquisition Aims To Solve City Hall’s Paper (Billing) Chase

PYMNTS

8) that it had acquired First Billing Services , a billing processor based in Ohio that focuses on municipalities and utilities. First Billing was founded in 2011, operating until the December 2018 transaction with Paya as the billing services affiliate of The Connor Group , a real estate investment firm. The Broader Strategy.

Software 158
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New England Confectionery Co. Sells For $18.8M At Auction

PYMNTS

Ohio-based Spangler Candy Company won the auction with a bid of just under $19 million, The Boston Globe reported. “We We started as a family-owned candy company back in 1847, [and] we’re thrilled to work with a fourth-generation candy company that brings new stewardship to our brands,” Necco Chief Executive Michael McGee told the Globe.

Boston 100
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Whole Paycheck Tracker: Accelerating Automation To Capture Consumer Spend

PYMNTS

Robotics and automation were areas of focus for both retailers this week as they seek to upgrade their operations in an effort to capture more consumer spend. The eCommerce company further announced it has expanded its grocery pickup to Whole Foods Market to Columbus, Ohio — bringing the total number of pickup markets to 30.

Taxes 100
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The 31 European Unicorns Ranked By Valuation

CB Insights

Combined, these 31 European startups have raised more than $21B in total funding, and operate across industries including fintech, e-commerce, healthcare, and more. Company Description: This UK-based company operates data centers in Europe and Asia. Auto1 Group now has operations in more than 30 countries. Global Switch.

Groups 76