Walmart promotes cash as AT&T continues Nashville repairs

Payments Source

Tennessee retailers turned to cash acceptance as they continued to recover Monday from the Christmas Day explosion in downtown Nashville. Retailers Digital payments Walmart Cash

Amazon Launches Bookstore In Nashville, 4-Star Store In Boston

PYMNTS

Amazon has announced that it is set to open an Amazon Books location in Nashville, as well as an Amazon 4-star store in Boston. Amazon 4-Star Store B2B Payments bookstore boston Nashville News What's HotGeek Wire reported that the announcement came on the same day the eCommerce giant launched its fourth 4-star store in Seattle. The first location opened in New York City last September.

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CapStar Financial in Nashville Plans IPO

American Banker

CapStar Financial Holdings in Nashville, Tenn., whose board includes a top Credit Suisse executive, has filed plans to raise up to $46 million in an initial public offering. breaking_news dealmaking-strategy capital tn ny nd community-banking

Impact Roadshow | Nashville, TN

Filene

1:00 p.m. - 3:00 p.m. Local Host: US Community Credit Union. Filene Host: Lauren Culp. Click the arrow below to REGISTER for this event: WHAT IS AN IMPACT ROADSHOW? It’s 90+ minutes of stimulating conversation about CU programs that have the potential to enrich your members’ experience and build a culture of success in your credit union.

Red-Hot Nashville Presents Risks, Rewards for Banks

American Banker

The Music City is booming because of entertainment and health care. Still, banks are monitoring growth in areas such as real estate development for signs of stress. community-banking cre m-a capital consolidation tn dealmaking-strategy

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

PYMNTS

Nashville Shoe Warehouse will be bringing the shoes, while TTI Floor Care, the largest floor care business in North America, will be bringing the floor care products. Retail APMEX ecommerce Nashville Shoe Warehouse News online shopping Sears Sears Brands Sears Online Sears Products What's HotFor all of Sears’ many issues in recent days, one has to applaud their incredible persistence in the face of difficult odds.

Tennessee bankers start to assess tornado damage

American Banker

Recovery from a massive storm that touched down near Nashville is in its early stages, but bankers are looking at fee waivers and increased access to cash for those who were affected. Natural disasters Community banking Consumer banking Tennessee

Car Subscriptions Hit Pause As BMW, Audi Suspend Programs

PYMNTS

BMW announced last week that it is pulling the plug on its “Access” vehicle subscription service less than three years after launching the single-city pilot program in Nashville, Tennessee, in 2018.

SEC Charges Former Pinnacle Director with Insider Trading

American Banker

The Securities and Exchange Commission has charged a former director at Pinnacle Financial Partners in Nashville, Tenn. with insider trading. breaking_news dealmaking-strategy tn community-banking

Remote Tech Employees Face Pay Cuts In San Fran

PYMNTS

told the WSJ, and even with a 10 percent or 20 percent pay cut, software engineers can still live a more opulent lifestyle in Austin, Texas, or Nashville, Tenn.,

CapStar agrees to end long-running litigation against investor

American Banker

The Nashville bank had sued Gaylon Lawrence in 2017 over allegations that he was pursuing an illegal takeover, but the two sides announced terms of a settlement. Court cases Litigation Banks, thrifts and holding companies Corporate governance Community banking M&A Tennessee

Uber's Kalanick Pours $130M Into Ghost Kitchen Properties

PYMNTS

The properties, including closed restaurants, body shops and warehouses and are in cities including Portland, Oregon; Las Vegas, Nevada; Columbus, Ohio; and Nashville, Tennessee.

Pinnacle in Tenn. Raises $120M to Retire Debt, Boost Capital

American Banker

Pinnacle Financial in Nashville, Tenn., has sold $120 million in subordinated notes and will use the proceeds to retire existing debt and bolster its capital levels. breaking_news dealmaking-strategy capital strategic-alternatives tn community-banking

Instacart, Walmart Canada Work On Grocery Delivery Pilot

PYMNTS

According to a report in USA Today in August, the service was available in Atlanta and Augusta, Georgia; Knoxville, Memphis, and Nashville, Tennessee; Little Rock, Arkansas, as well as other cities and regions. The offering was said to debut in Houston, Louisville, Nashville and Kroger’s hometown of Cincinnati. To provide customers with same-day grocery delivery, Instacart is working with Walmart Canada on a pilot in Winnipeg and Toronto.

Uber Connect Expands For Holiday Package Delivery

PYMNTS

Paul, Nashville, New Jersey, the New York City suburbs, Raleigh-Durham, Richmond, Portland, Salt Lake City, Seattle, St. Uber Connect , the rideshare giant’s package delivery service, is being rolled out to new locations in more than 2,400 U.S.

Dollar General Introduces 'popshelf' Store Concept

PYMNTS

The Clarksville and Hendersonville communities, which are near Nashville, Tennessee, are the anticipated homes of the first two popshelf locations. As an extension of its non-consumables strategic plan, Dollar General has unveiled its new popshelf retail store concept. The new store concept will offer home décor and party goods, among other products, with roughly 95 percent of merchandise priced at $5 and under, according to an announcement.

Senior Citizens Sue Wyndham For Fraudulent Actions

PYMNTS

The suits filed with a Nashville law office state that Wyndham’s sales teams specifically targeted its older customers by intentionally misrepresenting the details in timeshares. Just because people get older, it doesn’t mean the wool can be easily pulled over their eyes. Wyndham Vacation Ownership, Inc. is finding this lesson out the hard way as over 285 senior citizens spread across seven different lawsuits are claiming fraud and violations of the Tennessee Timeshare Act.

Treasury Says PPP Loan Forgiveness Coming Soon

PYMNTS

Small business owners who have been waiting to have their Paycheck Protection Program (PPP) loan forgiven can breathe a sigh of relief. The U.S. Department of Treasury said Tuesday (Sept.

Airlines Woo Leisure Travelers In Scramble To Fill Empty Seats

PYMNTS

United is adding 28 nonstop Florida flights for the holiday season, while Southwest has added its own flights to big domestic tourist destinations like Las Vegas, Nashville, Denver and Fort Myers in Florida, among other cities, according to the report.

Amazon to open new Books and 4-star stores in the US

The Paypers

(The Paypers) Amazon has announced it will continue its physical retail expansion in the US, with plans for new Books store in Nashville and 4-star store in Boston

CapStar Eyes M&A Targets as It Seeks to Raise $16.6M

American Banker

CapStar Financial Holdings in Nashville, Tenn., expects to raise net proceeds of $16.6 million in an initial public offering that it plans to spend on growth and other initiatives — perhaps including M&A. breaking_news dealmaking-strategy capital strategic-alternatives tn community-banking

Lowe’s To Open Four Online Shopping Fulfillment Hubs

PYMNTS

Mira Loma is the company’s second direct fulfillment center, with the first having arrived in Nashville, Tennessee in 2018. To provide further same-day and next-day services to its customers, Lowe’s Companies, Inc.

Amazon Officially Pulls NY HQ2 Plan

PYMNTS

One unnamed source closed to the matter within Amazon told The Washington Post , “the question is whether it’s worth it if the politicians in New York don’t want the project, especially with how people in Virginia and Nashville have been so welcoming.”. We will proceed as planned in Northern Virginia and Nashville, and we will continue to hire and grow across our 17 corporate offices and tech hubs in the U.S.

The Untapped Power of Brand in Banking

Jeff For Banks

And so were the Uber cars in my recent trips to Los Angeles and Nashville. Something that immediately made me feel better about being in Nashville than LA. Leading to our perception that Nashville is friendlier than LA. For example, at that Nashville conference, one presenter went into detail about increasing deposits through odd-lot rate promotions (see a pic I snapped of a slide). “Our money is the same as the bank’s down the street.”

Mercedes-Benz Unveils Luxury Car Subscriptions

PYMNTS

Drivers will be able to access Mercedes-Benz vehicles in Philadelphia and Nashville with the launch, the company said in an announcement. “We’re According to Bloomberg , the service was to be offered by a local BMW dealership in Nashville starting on April 2. In an effort to reach drivers who want the convenience and variety of a subscription, Mercedes-Benz is rolling out a pilot service called the Mercedes-Benz Collection.

Amazon Rethinks New York City HQ2 Campus

PYMNTS

million for improvements in conjunction with Amazon’s plan to come to Nashville with 5,000 positions. One unnamed source cited by the paper said, “The question is whether it’s worth it if the politicians in New York don’t want the project, especially with how people in Virginia and Nashville have been so welcoming.” After facing resistance from politicians and protestors, Amazon is reportedly rethinking its planned New York City campus.

Deutsche Bank, PNC Plan To Reduce Brick-And-Mortar Bank Branch Footprints

PYMNTS

The company has opened a minimum of 13 “solutions centers” in places such as Nashville, Tennessee and Dallas that provide an alternative to the usual bank office. Banks from the United States to Europe are closing bank branches as consumers embrace digital banking amid the pandemic.

Franklin Doesn't Wait for Deal to Close to Hire Its Target's CEO

American Banker

Franklin Financial Network in Tennessee hit a roadblock in its plan to buy Civic Bank & Trust in Nashville, but that didn't stop Franklin from hiring away Civic's chief executive. breaking_news dealmaking-strategy people womenin-banking m-a recruitment tn community-banking

Homie Unlocks $23M In Funding To Expand Its Homebuyer Program

PYMNTS

Co-founder Johnny Hanna revealed that Homie had looked at Dallas for its next market expansion, but also has its sights set on Boise, Colorado Springs, Nashville and Seattle. Real estate has nearly always been based on direct (often multiple) interactions between buyers and sellers, though the industry continues to adapt well to the digital space, as PYMNTS recently noted.

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. Fried chicken fast-food restaurant KFC is partnering with Beyond Meat to bring meatless fried chicken to stores in Tennessee and North Carolina, according to a report by Reuters. Many brands are adding meatless products to their menus, as customers are increasingly seeking plant-based options when they go out to eat.

Mercedes-Benz Upgrades Subscription Service To Include AMG Models

PYMNTS

Currently, the service is only available in Nashville and Atlanta. Mercedes-Benz has upgraded its subscription service to include high-performance AMG models, according to a report by The Verge. People who subscribe to this new tier of the service will get access to 11 car models, which include coupes, sedans, roadsters and sport utility vehicles (SUVs) that are “powered by AMG’s signature handcrafted V8 engines.”. The new tier will cost more than the previous ones, at $3,595 per month.

Uber Expands ‘Ride Pass’ Monthly Subscription

PYMNTS

Louis, Missouri; San Diego, California; Raleigh-Durham, North Carolina; Seattle, Washington; Portland, Oregon; San Antonio, Texas; Nashville, Tennessee; Las Vegas, Nevada; New Orleans, Louisiana and Phoenix, Arizona. Ride-hailing company Uber is expanding its Ride Pass program, a subscription service that lets riders pay a monthly fee for discounted rides on all Uber platforms, including electric bikes, scooters, UberX, Uber Pool and Express Pool, according to reports.

Walmart’s Allswell Launches Tiny Home Concept

PYMNTS

Atlanta, Georgia, Nashville, Tennessee, Austin, Texas, Dallas, Texas, Los Angeles, California, San Francisco, California, and Portland, Oregon. Walmart ‘s online home brand Allswell has announced the launch of its Tiny Home retail concept. Released last year, the design-centric, digitally-focused brand boasts a line of home goods, mattresses and bedding. Allswell is affiliated only with Walmart and not with its online counterpart Jet.

Amazon Teams With Food Banks To Deliver Meals To People In Need

PYMNTS

In a post on Amazon’s blog on Wednesday (April 22), Barbara Abbott, vice president of supply chain at the San Francisco-Marin Food Bank, said that in addition to San Francisco, the initiative has launched in Los Angeles, Miami, Nashville, Orlando, Seattle and Washington, D.C., Amazon is delivering six million meals to underserved populations that have been impacted by the COVID-19 pandemic, the company announced.

Porsche Brings Subscription Service To Four More Cities

PYMNTS

Mercedes-Benz Collection was also expanding its Nashville, Tennessee offering to include the Premier tier. Expanding its flexible car ownership experiment even while other automakers pull back, Porsche is bringing its subscription service to four new U.S. cities. The brand is bringing on San Diego, Las Vegas, Toronto and Phoenix to the pilot offering that it began in Atlanta, Bloomberg reported.