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Old National on track to close CapStar deal, expand in Nashville

American Banker

The Indiana bank is "on offense by continuing to invest in new client-facing and key support talent and being ready and opportunistic for acquisitions," CEO Jim Ryan says.

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Old National strikes $344M deal to expand in Nashville

American Banker

The Indiana bank said it agreed to acquire CapStar Financial in an all-stock deal that would hasten its growth in Tennessee.

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The Recency Trap and Building Deposit Balances

South State Correspondent

One of the lessons that was driven home at the recent American Banker Small Business Banking Conference in Nashville was the difference in marketing between large national banks and community banks, particularly deposit marketing. There is a reason for this.

Marketing 195
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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. KFC has more than 23,000 stores in over 140 countries.

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

PYMNTS

The push into shoes — specifically national shoe brands like Dockers, G.H. 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. Bass & Co. and Lucky Brand — makes sense as well.

Nashville 104
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Deutsche Bank, PNC Plan To Reduce Brick-And-Mortar Bank Branch Footprints

PYMNTS

The financial institution said per the report that it would shutter approximately 100 locations throughout the nation, which would shrink its domestic offices to roughly 400. 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.

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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