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Lowe’s To Open Four Online Shopping Fulfillment Hubs

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said in an announcement that it intends to open four online shopping fulfillment centers, seven bulk distribution hubs and 50 cross dock delivery terminals over the year and a half to come. The home improvement retailer said it would open the West Coast online shopping fulfillment center this October in Mira Loma, California.

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PSCU’s Lumin Enables Digital Payments For TN Credit Union

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The PSCU company Lumin Digital has signed Bartlett, Tennessee-based First South Financial credit union to a multi-year digital banking and cloud computing agreement, Lumin announced on Tuesday (Feb. The new platform should be available to First South Financial customers in June of 2020.

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

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Echelon Fitness of Tennessee has raised $65 million in funding as the internet-connected fitness company takes advantage of pandemic-fueled growth. Echelon said it offers online classes with everything from “heart-pounding, high-intensity workouts, to calming yoga,” covering fitness needs at all levels.

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Retail Labor Shortage Concerns Deepening

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A good economy is good news for retailers in a variety of regards. But for retailers going into the holiday season 2016, a good economy is creating yet another headwind for physical retailers who’ve spent much of the year being buffeted constantly by market pressures. Employment, according to the latest figures, hit 4.9

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Instacart, Publix Team On Digital ‘Pub Sub’ Offering

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As of today, it’s available in Florida, Georgia, Alabama, South Carolina, Tennessee, North Carolina and Virginia, Instacart said in announcing completion of the Digital Deli rollout.

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Retail Pulse: IKEA To Open ‘Planning Studio’ In NYC; Pizza Hut Will Acquire QuikOrder

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Big retailers are opening smaller-format stores in major U.S. Already, the retailer has opened a Planning Studio across the pond in London in October. In the announcement, IKEA Retail U.S. Pizza Hut plans to acquire online ordering software provider QuikOrder. In Other Brick-And-Mortar News. restaurants.

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Retailers Look To Digital Technologies After Beating The Street

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Retailers and retail landlords are reporting strong first-quarter earnings results, beating analysts’ expectations in many cases. Management noted on the conference call with analysts following the earnings report that there was a “positive comp gap” between the company and quick-service restaurant peers of as much as 270 basis points.

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