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Investors Sour On Postmates, Triggering Layoffs

PYMNTS

Employees were axed from the company’s headquarters in San Francisco as well as from Los Angeles, Nashville, Tennessee, and other offices. . “We We made the difficult decision to end operations in Mexico City as we focus on our continued growth in the U.S.,” Grubhub has reportedly lost over half of its market value this year.

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Kroger, Walgreens Pool Resources In Retail Procurement Alliance

PYMNTS

In August, they expanded the pilot to 35 Knoxville, Tennessee Walgreens locations. “Through this unique joint venture, Walgreens and Kroger have the opportunity to use our collective resources to create efficiencies across our supply chains,” said Alex Gourlay, co-chief operating officer, Walgreens Boots Alliance.

Resources 132
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Walgreens And Kroger Widen Retail Partnership

PYMNTS

and Walgreens Boots Alliance, a Kroger Express grocery assortment and the Kroger Pickup service will come to 35 Walgreens locations in the Knoxville, Tennessee market. Also, Walgreens’ branded beauty and health products will be sold in 17 Kroger grocery stores, Supermarket News reported.

Retail 113
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New Carro Hire Shows How Vehicle Subscriptions Are Growing

PYMNTS

As digital and mobile technology changes the automotive market, vehicle subscription and online marketplace businesses are also growing, and undergoing changes. Indeed, the anticipated compound annual growth rate (CAGR) of the global automotive subscription services market through 2022 is 71 percent. Toyota’s Move.

Nashville 130
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Walden Mutual aims to serve New England’s food community

Independent Banker

includes (from left): Christina Johantgen (head of marketing and creative), Joe York (head of product), Kelsey Cahill (summer associate), Jackie Charron (chief operating officer and executive vice president), Debbie Morin (chief financial officer), and CEO Charley Cummings. Building a bank brand with impact.

Community 170
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Ford Drops Out of Vehicle Subscriptions, While The Space Continues Acceleration

PYMNTS

The venerable automaker has agreed to sell its own vehicle subscription operation to Fair, a startup in this space. Fair reportedly will buy Ford’s Canvas operation, though terms remain undisclosed. The anticipated compound annual growth rate (CAGR) of the global automotive subscription services market through 2022 is 71 percent.

Georgia 100
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The Unattended Path To Car Buying

PYMNTS

A company called Carvana is looking to bring convenience to car-buying with their new branded coin-operated car vending machine, recently opened in Nashville, Tennessee. But, despite those changes, car buying has remained essentially the same process for decades — until now, that is. .

Nashville 104