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Amazon Plans Whole Foods Expansions In Closed Sears Stores

PYMNTS

For example, Whole Foods managers went to a site in Utah that used to be a Kmart. Neil Saunders, managing director of retail at GlobalData, said Amazon is smart to secure former retail spaces, and that landlords are open to grocery stores because they help drive foot traffic. Sources told Yahoo!

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Rockwell Automation Takeover Targets Cybersecurity In Manufacturing

PYMNTS

A cybersecurity provider with over 20 years of experience, Avnet will bolster the Milwaukee-based Rockwell Automation’s pivotal goal of gaining double-digit expansion in the arena of information solutions and connected services. Cybersecurity is one of Rockwell’s fastest-growing divisions, the company said.

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Retail Chains Find New Ways To Fight

PYMNTS

The boost in consumer spending is due to a tightening labor market, which is gradually pushing up wages. So, it’s really a very good economic time for consumers,” Paul Hogan, a portfolio manager and analyst at Fenimore Asset Management, told The Wall Street Journal. company to pass the $1 trillion market cap threshold.

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Stepping Into 21st Century Hospitality With Apartments And Technology

PYMNTS

Some entrepreneurs are inspired to start companies because they spot unmet needs in the market: Frontdesk Co-Founder and Chief Growth Officer Jesse DePinto, for instance, saw the amateur nature of home shares but the opportunity for something better than a hotel. It has units in cities such as Charlotte, Tampa, Milwaukee and Columbus.

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Amazon Expands Amazon Home Services To Twenty New Metro Areas

PYMNTS

14) it has expanded its Amazon Home Services into 20 new metropolitan markets around the country. In a press release , the eCommerce giant said the new cities include Indianapolis, IN; Las Vegas, NV; San Antonio, TX; Ann Arbor, MI; Cleveland, OH; Milwaukee, WI; Boulder, CO; Raleigh, NC; Trenton, NJ; and more. out of five stars.

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Retail Pulse: FAO Schwarz To Open New Flagship; Amazon Expands Grocery Delivery

PYMNTS

And Starbucks has a new investor : Pershing Square Capital Management, the activist hedge fund controlled by activist investor William Ackman, now has about a 1.1 Prime Now Grocery pickup, which came to market in August, is now available in eight cities, and Amazon said it has plans for continued expansion. percent stake in Starbucks.

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Community Bank CEO Outlook 2022: Your priorities for the new year

Independent Banker

is facing increased competition in its home market from other banks, nonbanks and even credit unions that are aggressively pricing loans to businesses, says president and CEO Steve Dehnert. In 2022, existing staff—Dehnert included—will continue to wear multiple hats until labor market conditions ease. Ponce Bank, a $1.5 In fact, 16.5%