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Kicking The ‘Virtual’ Tires To Spur Car Sales As COVID-19 Hits Automakers

PYMNTS

In one example, TrueCar.com , an online auto marketplace, has forecast that March sales will be down by around 37 percent, and April sales might be down between 50 percent and 60 percent. . The official data are not in yet (after all, today is the last day of the month), but forecasts are bleak, to say the least.

Houston 141
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5 New Year’s Resolutions For Any Sized Bank That You Must Get Right in 2023

South State Correspondent

Because many banks are now producing below their cost of capital, growth further exacerbates their issues and drives them out of business (likely through a sale) faster. Without the windfall of profit accrued to banks in 2022 because of faster-than-expected rate increases, banks will need to be better allocators of capital.

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Verizon 5G Network Launch Foreshadows Mobile Commerce Changes

PYMNTS

“Verizon launched the world’s first commercial 5G Ultra Wideband network in October 2018 with the rollout of 5G Home broadband internet service in Houston, Los Angeles, Sacramento and Indianapolis,” the company said. 5G Potential. As PYMNTS has reported , Verizon plans to bring its 5G technology to 30 U.S. cities by the end of 2019.

Mobile 168
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Bulletin: A Cheaper Way To Sell In-Store

PYMNTS

In SoHo, for example, the average rental price on Broadway between Houston and Broome Streets is $824 per square foot, according to the Real Estate Board of New York. With that in mind, the company has secured funding from YC, Notation Capital, Halogen Ventures and Jesse Draper.

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Team USA Launches Omnichannel Strategy For Olympic Retail

PYMNTS

Last year, it closed a $1 billion venture capital round , according to news reports from Reuters. With a standard lease in a mall, for example, retailers can face a 10-year commitment to stay in the same space. Old Navy, for example, is offering a collection of Team USA knit mittens, winter hats and knit scarves.

Retail 118
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Car Vending Machine Company Carvana Goes Up Against Wall Street

PYMNTS

For example, as reported by Forbes, auditor Grant Thornton wrote that “management believes” it can meet its financial obligations through February 2021. Miami is Carvana’s 24th car vending machine location to date — joining Nashville, San Antonio, Houston, Austin, Dallas, Raleigh, Jacksonville, Tampa, Charlotte, Washington, D.C.,

Company 130
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Rescuing The Restaurant Business From App Decline

PYMNTS

With DineVite, consumers and restaurants get a better deal, since the restaurants can offer a deal to customers that they are comfortable with and consumers capitalize on it. For example, they can advertise as they see fit and offer as soon as they see a dip in foot traffic. It’s a new concept that means both parties win.”.

Miami 130