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Ruby Tuesday Files For Bankruptcy, Will Close 185 Locations

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Under the reorganization, the company said it plans to close 185 locations, which leaves the franchise with 236 operating restaurants. This latest announcement follows a private-equity buyout in 2017 by NRD Capital Management. We intend to move through the process as quickly as possible,” Lederman said.

Tennessee 163
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Jack Henry Launches AR Financing For Banks

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“BusinessManager enables financial institutions to purchase small- and medium-sized businesses’ [SMBs’] accounts receivables at a discount, providing immediate access to working capital for the business and creating strong fee income opportunities for the institution.”. First Volunteer Bank has 24 branches through Tennessee and Georgia.

Tennessee 150
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Carvana Stock Falls Short On First Day Of IPO

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Founded in 2012, the Phoenix-based company sells cars through its website and operates automated towers that store cars in U.S. cities, such as Austin and Dallas in Texas and Nashville, Tennessee. William Blair & Company, LLC, BMO Capital Markets Corp. and Deutsche Bank Securities, Inc. Baird & Co.,

Nashville 128
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New Carro Hire Shows How Vehicle Subscriptions Are Growing

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News has emerged, via Bloomberg , that Singapore-based automotive subscription operation Carro has gained the top automotive investment banker for HSBC in Asia as the company’s new chief financial officer. According to the report , the deal comes as Carro raised some $30 million in fresh capital. Proof of that comes from Ford.

Nashville 130
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Supply Chain Strategies Forge Closer Ties With Shareholder Value

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Yet, there’s another area of business operations that experts have said should be examined more closely to not only improve corporate performance, but boost shareholder value as well: the supply chain. It’s earnings season once again, with executives and shareholders hanging on the numbers of revenues, profits and market growth.

Strategy 109
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How Cars, Streaming And Sign-Ups Make For Better Subscription Commerce

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According to the report , the deal comes as Carro raised some $30 million in fresh capital. Carro, which operates in Singapore, Thailand and Indonesia, said more than $500 million worth of vehicles were sold last year on its platform, up from $250 million in 2017 and $120 million the year before.”.

Nashville 130
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Keeping Investment Platforms Free From Fraudsters

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George’s company, WellCity, marketed itself as a social media network for the health and wellness marketplace run out of Brentwood, Tennessee. These bad actors often make off with investment funds for personal benefit or funnel them into illegal operations. attorney Ryan Raybould.

Tennessee 108