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Today In Retail: FedEx Concludes ShopRunner Acquisition; Save A Lot Sells 51 Stores To Fresh Encounter

PYMNTS

concluded its previously announced purchase of ShopRunner, while Save A Lot unveiled the sale of 51 stores run by the company in the Tampa, Florida market to Fresh Encounter. Plus, PYMNTS looks back on direct-to-consumer (D2C) brands, which came in two flavors in 2020. Retail 2020: Looking Back On D2C Brands.

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How sports became central to this Florida bank's identity

American Banker

Amerant in Coral Gables has relied on partnerships with South Florida athletic franchises to build brand awareness and help ease its expansion in Tampa.

Florida 36
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New CEO At The Helm Of Winn-Dixie, Harveys Growth Plans

PYMNTS

. “We’re looking at the demographics around our stores and deciding which format works best in those communities,” Hucker told the Tampa Bay Times. The grocer has seen a lot of competition from organic and discount chains entering the Southeast market and is answering by upgrading some of its own stores to a more upscale feel.

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Lowes And b8ta Collaborate On Smart-Home Shopping

PYMNTS

According to a Lowe’s blog post on the subject, the Smart Home shops will include thermostats, cameras, lighting, speakers and more from brands like Google, Sonos, GE, Nest, Iris, Samsung and Ring. b8ta makes shopping for connected home products accessible and easy,” said Phillip Raub, co-founder and chief brand officer of b8ta.

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Car Vending Machine Company Carvana Goes Up Against Wall Street

PYMNTS

This year we expect another year of market-leading growth. Noting that existing Carvana markets grew by 84 percent, he said, “The company’s four oldest markets each more than three years old grew by 50 percent and our oldest cohort of Atlanta grew by 18 percent. New Markets. In 2019, we increased GPU by $750.

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Stepping Into 21st Century Hospitality With Apartments And Technology

PYMNTS

Some entrepreneurs are inspired to start companies because they spot unmet needs in the market: Frontdesk Co-Founder and Chief Growth Officer Jesse DePinto, for instance, saw the amateur nature of home shares but the opportunity for something better than a hotel. It has units in cities such as Charlotte, Tampa, Milwaukee and Columbus.

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Publix: 88 Years In Grocery And Looking To Grow

PYMNTS

In 2015, Safeway took over three Albertsons stores and poured $30 million in bringing the West Coast brand to Publix country. Well, according to fan, patron and local reporter Doreen Christenson, Publix lives up to its branding as the location where “shopping is delightful,” and has consistently done so for the last 88 years.

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