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Today In Retail: FedEx Concludes ShopRunner Acquisition; Save A Lot Sells 51 Stores To Fresh Encounter

PYMNTS

concluded its previously announced purchase of ShopRunner, while Save A Lot unveiled the sale of 51 stores run by the company in the Tampa, Florida market to Fresh Encounter. Plus, PYMNTS looks back on direct-to-consumer (D2C) brands, which came in two flavors in 2020. Retail 2020: Looking Back On D2C Brands.

Tampa 188
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How Mobile Apps Can Help Restaurants Make Loyalty Rewarding

PYMNTS

The National Restaurant Association recently reported that the industry lost $120 billion during the pandemic’s first three months and that these losses could total $240 billion by the end of the year. The Tampa, Florida-based chain was publicly held until 2017, when it was purchased by Oak Hill Capital Partners for $525 million.

Mobile 143
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Car Vending Machine Company Carvana Goes Up Against Wall Street

PYMNTS

This belief is based on “the Company’s operating plan, that current working capital and expected continued inventory and capital expenditure financing is sufficient to fund operations and satisfy the Company’s obligations.”. New Markets. The Miami vending machine has a new design and is definitely an attention-getter in new markets.

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Digital Coupons Evolved From Handwritten Tickets In The 1880s

PYMNTS

As Coke ramped up its early couponing efforts, other brands realized they too could use coupons to promote their products. Loebel persuaded local merchants to invest in coupons he would mail to thousands of potential customers,” The Tampa Bay Times reported. “If national average, the firms noted. He called his company Valpak.

Tampa 109
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2021 GonzoBanker Awards

Gonzobanker

Lots of tech and operations to clean up, it appears, but no solid bank is better qualified than the team from Minneapolis. Some interesting finalists would be: M&T and People’s United Old National and First Midwest Webster and Sterling Columbia Bank and Umpqua. Congrats on a brave move and national recognition Jim!

Fintech 147
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12 Industries That Will Thrive Thanks To Millennials

CB Insights

Over 1M millennial women are becoming mothers every year, meaning Gen Y now makes up the majority of annual births in the United States, according to the National Center for Health Statistics. Many millennial consumers are looking beyond older, legacy coffee brands to blends from boutique “third-wave” coffee roasters.