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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. The trend is not confined to famous automotive luxury brands, either. Toyota’s Move.

Nashville 130
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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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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. We engage people with a brand that they usually wouldn’t,” Zellmer said. We’re conquesting a target group, and engaging them with a brand, who do not want to commit to a three-year lease.

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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2021 GonzoBanker Awards

Gonzobanker

This is an innovation-seeking franchise that has built a solid brand and never got over its skis in execution. Randy Stevens , CEO , First Farmers and Merchants Bank , Nashville TN. Man, this is the bread and butter of retail banking and credit unions. The most important aspect of this deal is Huntington.

Fintech 147
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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. In September 2015, Quirky finally filed for Chapter 11 bankruptcy protections. Total Funding: $60M.

Apple 78