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Echelon Pulls In $65 Million In Funding As ‘Connected’ Fitness Takes Off

PYMNTS

Echelon Fitness of Tennessee has raised $65 million in funding as the internet-connected fitness company takes advantage of pandemic-fueled growth. Lou Lentine , Echelon president and CEO, said his company was dedicated to offering innovation along with “affordable prices.” million from $228 million a year ago.

Tennessee 204
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Sales Were Up, Foot Traffic Was Too — But Lowe’s Disappointed Investors

PYMNTS

The chain announced it will be pouring more capital back into its workforce via bonuses and an improved benefits package following U.S. Lowe’s also plans to grow its supply chain by opening its first direct-to-consumer fulfillment center in Nashville, Tennessee. tax reform.

Nashville 100
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Car Subscription Market Set To Grow 71 Percent By 2022

PYMNTS

BMW, for example, launched a pilot dubbed Access by BMW in Tennessee. Here is how different industries are innovating with subscriptions. Reuters , citing comments that Co-founder Thomas Griesel made to a German newspaper, reported that the company wants to capitalize on a growing demand for ready-made meals. “We in Q2 2018.The

Marketing 110
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Sizzle Or Fizzle: Facebook, Online Lending, Cash – And The Twilio Surge

PYMNTS

But Facebook got the jump on the news cycle this week with the big news that it was opening up Facebook Canvas for retailers and other marketers on the site, as opposed to just advertis e rs. So, providing retailers with a new storefront in an ecosystem of 1.5 The venture capital backers are no doubt smiling. .

Lending 101
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Surviving The Retail Apocalypse: The Technologies And Trends That Can Help Brick-And-Mortar Thrive Again

CB Insights

Research BRIEFING: Surviving the Retail Apocalypse. How are brick-and-mortar retailers surviving and adapting in the world of digital commerce? The retail apocalypse has claimed many victims , with almost 7,000 stores closing in the US in 2017. And that’s just since February. However, this isn’t the whole story.

Retail 59
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Who Will Disintermediate The Intermediaries?

PYMNTS

Disintermediating the established intermediaries has become something of an art form in payments and retail these days. Physical retail is being disintermediated by a host of new players using digital technologies and data that further erode their relevance. Take retail. See the Future — or Face the Inevitable. Yes, they do.

Retail 117
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The Real Hunger Games: A Battle Royale In The Grocery Aisles

PYMNTS

The easiest possible summary is that in a post-apocalyptic future, the United States has become the Kingdom of Panem, which consists of a rich, technologically vibrant capital city ringed by 12 impoverished agrarian or industrial districts that are exploited for their resources by wealthy residents of the capitol. District 2: Walmart.

Branding 101