PYMNTS
MARCH 17, 2020
Many municipalities are looking to help by proposing new uses for vacant retail sites, including a citywide initiative in Fairfax, Virginia called Activate Fairfax , where the Department of Economic Initiative is soliciting requests for interest in an abandoned Container Store location. Even smaller cities are opting for such taxes.
PYMNTS
JANUARY 16, 2020
Virginia-based FinTech firm Far Point closed a $2.6 billion merger deal with Switzerland’s tourism shopping tax refund company Global Blue , earning it a listing on the New York Stock Exchange (NYSE), the companies announced Thursday (Jan. Silver Lake and other owners will retain roughly 42 percent of the combined company.
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PYMNTS
MARCH 9, 2018
It’s currently seeking to reinvent its business through Restock Kroger , an initiative it undertook six months ago and which will get a boost from recently enacted tax cuts. In addition to digital innovations, Kroger has dramatically upped its home delivery from virtually no stores — more than a year ago — to close to 900 stores today.
PYMNTS
NOVEMBER 10, 2017
Fizzle: SMBs take it on the chin in India: One year into demonetization , SMBs are struggling in India, as they have dealt mainly in cash, and have also been buffeted by tax reform. It turns out suburbia is a rather expensive place to do business, in an increasingly crowded meal and food delivery market.
PYMNTS
MARCH 30, 2018
Kenna said it plans to use the funds to expand its team, focus on sales and continue innovation efforts. An undisclosed amount of Series C funding will help ZP Group, based in Virginia, focus on strategic investments to grow its cybersecurity offering. Singapore’s CardUp announced nearly $1.7
Gonzobanker
DECEMBER 17, 2021
This is an innovation-seeking franchise that has built a solid brand and never got over its skis in execution. Goes to Larry Mazza and the crew at MVB Bank in West Virginia. Eric has always been a student of innovation, and now at Coastal, this fearless leader has spearheaded a number of high-profile banking-as-a-service partnerships.
CB Insights
MAY 23, 2019
Few places are more receptive to new ideas and innovative business models than Silicon Valley. Weak sales can make it much harder for innovative food companies to secure additional investment and can jeopardize which stores carry certain products. But the model doesn’t always work perfectly.
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