PYMNTS
DECEMBER 28, 2020
Echelon Fitness of Tennessee has raised $65 million in funding as the internet-connected fitness company takes advantage of pandemic-fueled growth. Echelon's products are available online as well as through retailers that include Walmart, Dick's Sporting Goods, Costco and Amazon. million from $228 million a year ago.
PYMNTS
OCTOBER 7, 2020
This latest announcement follows a private-equity buyout in 2017 by NRD Capital Management. Founded in 1972 and headquartered in Maryville, Tennessee, Ruby Tuesday has furloughed about 7,000 of its roughly 7,300 employees.
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PYMNTS
JANUARY 9, 2020
For one change, that form of retail is expanding to include new and fresh areas, which includes cars and trucks. Those two retail trends have recently collided in Southeast Asia, where Carro, an automotive marketplace and financing provider, has reportedly bought Jualo, an online marketplace for used goods from some 300 product categories.
PYMNTS
DECEMBER 3, 2019
“Ernest Chew, who heads the British lender’s capital goods and automotive investment banking team in the region, will join Carro as its chief financial officer in February,” the news service said, citing unnamed sources. According to the report , the deal comes as Carro raised some $30 million in fresh capital.
PYMNTS
FEBRUARY 28, 2018
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.
PYMNTS
JULY 26, 2018
BMW, for example, launched a pilot dubbed Access by BMW in Tennessee. 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 This type of service is one way automakers can attract younger customers.
PYMNTS
JUNE 24, 2016
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. .
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