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10 Lessons From The Small Business Banking Conference

South State Correspondent

Recently, the American Banker hosted their annual Small Business Banking Conference in Nashville, and as always, it was one of the better banking conferences of the year. Many banks expressed frustration over keeping small business banking housed within the retail bank channel. However, this was the most common structure.

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Sears Looks To Shoes And Precious Metals To Jump-Start eCommerce

PYMNTS

This week the retailer has announced it is leveling-up its online marketplace with the addition of a new run of third-party sellers, which will bolster its offerings for consumers. The push into shoes — specifically national shoe brands like Dockers, G.H. Bass & Co. and Lucky Brand — makes sense as well.

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Instacart Raises $271M On $7.8B Valuation

PYMNTS

Just last week, the company announced the national expansion of Instacart Pickup, a new grocery click-and-collect service that provides customers with broadened delivery and/or pickup options, enabling them to order via Instacart and pick up the groceries at retailers. At that time, the company had a valuation of $4.35

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KFC To Offer Meatless Fried Chicken At Select Locations

PYMNTS

The meat will be tested for a few months in stores throughout Nashville, Tennessee and Charlotte, North Carolina. KFC said it will use data collected from the test to determine whether it will expand the meatless product nationally. Our intention is to not run out,” said Andrea Zahumensky, KFC’s chief marketing officer.

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Instacart Rolls Out Grocery Pickup Nationwide

PYMNTS

7) the national expansion of Instacart Pickup, a new grocery click-and-collect service. In a press release , the company said Instacart Pickup provides customers with expanded delivery and/or pickup options, enabling them to order via Instacart and pick up the groceries at retailers. ”

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5 New Year’s Resolutions For Any Sized Bank That You Must Get Right in 2023

South State Correspondent

While the current growth rate needs to be left to each bank based on their capital cost, market, and risk tolerance, the general guide is that growth should be in the 3% to 5% range for this year. When offering a higher money market or CD rate, the direct damage done to cost of funds is often the least of a bank’s worries.

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Car Vending Machine Company Carvana Goes Up Against Wall Street

PYMNTS

billion, on an 82 percent increase in retail sales. That is the most organic growth of any automotive retailer ever in the U.S. This year we expect another year of market-leading growth. Our cohort growth was broad based with many markets crossing key milestones.”. New Markets. In 2019, we increased GPU by $750.

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