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Postmates Waves Goodbye to Community Managers

PYMNTS

To do this, the company, which currently runs 44 locations, chose to make its operations leaner with the elimination of its community manager. To facilitate this growth, over the past year we’ve consolidated our support functions (customer service, merchant support and fleet operations) in Nashville, Tenn.,

Community 100
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10 Lessons From The Small Business Banking Conference

South State Correspondent

Recently, the American Banker hosted their annual Small Business Banking Conference in Nashville, and as always, it was one of the better banking conferences of the year. Many banks expressed frustration over keeping small business banking housed within the retail bank channel. However, this was the most common structure.

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Dollar General Introduces 'popshelf' Store Concept

PYMNTS

As an extension of its non-consumables strategic plan, Dollar General has unveiled its new popshelf retail store concept. The Clarksville and Hendersonville communities, which are near Nashville, Tennessee, are the anticipated homes of the first two popshelf locations.

Nashville 109
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Best practices for stress testing the commercial real estate portfolio

Abrigo

Without going into every possible stress testing scenario, here is a stress test example for a construction and retail portfolio. Retail Retail is typically one of the larger segments within the commercial real estate portfolio for the average community bank.

Nashville 150
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Beauty And The Street: Sephora Bets Heavy On Non-Mall Locations

PYMNTS

If brick-and-mortar retail is struggling, Sephora didn’t get that email. 4) that it will open 100 new brick-and-mortar locations in North America this year, marking the largest single-year North American expansion in the company’s history and certainly one of the more ambitious undertakings of a non-startup in any retailer’s history.

San Jose 135
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5 New Year’s Resolutions For Any Sized Bank That You Must Get Right in 2023

South State Correspondent

Charlotte, Houston, Phoenix, New York, Austin, Denver, Orlando, Miami, and Nashville, many banks have not adjusted pricing or their credit appetite. Sectors like office, retail, and hospitality, are even worse. As a result, national banks are eroding the customer base of the community bank. Conclusion.

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Car Vending Machine Company Carvana Goes Up Against Wall Street

PYMNTS

billion, on an 82 percent increase in retail sales. The analyst community balked at longer-term questions about the company’s liquidity even though 2019 was the company’s sixth straight year of triple-digit revenue growth with over 177,000 cars delivered and just shy of $4 billion in revenue. In 2019, we increased GPU by $750. “We

Company 130