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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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Florida Retail Reopening Fails To Draw Consumers

PYMNTS

A report from Tampa, among others, showed that few of the outlet stores took advantage. At Tampa Premium Outlets — just 13 of the 110 stores reopened and foot traffic was minimal. Inside the mall, patrons walked past dark and shuttered storefronts,” reported The Tampa Bay Times. Some wore masks. Many did not.

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

PYMNTS

It operates in 11 countries and territories. “We’re looking at the demographics around our stores and deciding which format works best in those communities,” Hucker told the Tampa Bay Times. South Tampa’s Hyde Park district was home to the first remodeled Winn-Dixie. The second opened recently in Ruskin.

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Key takeaways from ThinkBIG 2024: Insights for banks and credit unions

Abrigo

Panelist Roxanne Chance-Chin , BSA Officer at the Bank of Tampa, urged financial institutions to stay alert to the cumulative effects of economic cycles and be prepared for potential rapid shifts in credit quality. Koch stressed the importance of using technology to enhance internal operations and service levels.

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Car Vending Machine Company Carvana Goes Up Against Wall Street

PYMNTS

This belief is based on “the Company’s operating plan, that current working capital and expected continued inventory and capital expenditure financing is sufficient to fund operations and satisfy the Company’s obligations.”. New Markets. The Miami vending machine has a new design and is definitely an attention-getter in new markets.

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How Mobile Apps Can Help Restaurants Make Loyalty Rewarding

PYMNTS

Checkers and Rally’s operated as independent chains — both serving menu items such as hamburgers, hot dogs, chicken sandwiches and seasoned fries — until the former acquired the latter in 1999. The Tampa, Florida-based chain was publicly held until 2017, when it was purchased by Oak Hill Capital Partners for $525 million.

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Stepping Into 21st Century Hospitality With Apartments And Technology

PYMNTS

The company saw the need for the best of both worlds and, to tackle this challenge, it is “evolving into a 21st-century tech-enabled hospitality brand,” DePinto told PYMNTS in an interview. It has units in cities such as Charlotte, Tampa, Milwaukee and Columbus. The Business.