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ALDI Plans 70 New Store Openings In Expansion Push

PYMNTS

As it begins a new period of growth, ALDI intends to open over 70 new retail locations by the conclusion of 2020. The value grocery chain also said it intended to come into the greater Phoenix market and continue to support Gulf Coast store growth with a new Alabama distribution center, according to a Tuesday (July 21) announcement.

Alabama 159
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Major Core Vendors Are Failing Regional Banks

Gonzobanker

Rapid consolidation in the banking industry is creating a growing band of regional banks that find themselves stuck in a solution provider market that isn’t fully capable of serving them. FIS has captured a dominant share in the regional banking space with its IBS core platform (formerly Metavante).

Regional 119
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Uber Eats Teams With Costcutter In The UK

PYMNTS

With the newly launched partnership, retailers in the symbol group will have the ability to sign up for the delivery platform via the Costcutter Supermarkets Group (CSG) after a pilot in stores throughout London and “the south east,” The Grocer reported. The function was tested in San Diego, Phoenix, Austin, Texas and Dallas.

San Diego 101
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Dollar General Introduces 'popshelf' Store Concept

PYMNTS

As an extension of its non-consumables strategic plan, Dollar General has unveiled its new popshelf retail store concept. Plans are in place to have roughly 30 locations in different markets before the conclusion of fiscal year 2021. In separate news, ALDI plans to open more than 70 new stores by the end of 2020.

Nashville 109
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Alphabet Tracker: Waiting For Earnings, Waymo Grows Testing

PYMNTS

Now, all eyes are ahead once more for Alphabet’s upcoming Q1 earnings report slated for today after market close. This put Alphabet’s market cap well above $610 billion at the time. Waymo has not disclosed how many total vehicles will be operating in the region during the expanded public tests. billion for the quarter.

Phoenix 109
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Investments Stay Afloat And Thrive Market Bags $111 Million

PYMNTS

In a world where sunshine in the news is in something of short supply, the good folks at Thrive Market can add good news for those in need of some to report to the list of things they deliver. You can’t eat it, but after the week the world’s markets have been having, reporting numbers in black ink is pretty delicious.

Marketing 102
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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.