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Alibaba Bids For Metro Brick-And-Mortar Stores In China

PYMNTS

One of the hottest battlegrounds in eCommerce these days — and that includes global, multi-pronged, behemoth eCommerce operators — is a firm in the physical world, the brick-and-mortar stores and chains that, for various reasons, are increasingly attractive to the likes of Amazon , Alibaba and others. Store Woes. go there to shop,” she wrote.

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Metro Bank Pulls Back On Commercial Lending

PYMNTS

challenger bank Metro Bank, the financial institution is reportedly looking to reduce its corporate loan exposure and wind down commercial lending operations. Metro will look to instead focus on residential property financing as it seeks a new chairman. Following a series of setbacks for U.K. The Times on Sunday (Sept.

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libaba Bids for Metro Brick-and-Mortar Stores in China

PYMNTS

One of the hottest battlegrounds in eCommerce this days — and that includes global, multipronged, behemoth eCommerce operators — is a firm part of the physical world, the brick-and-mortar stores and chain that, for various reasons, are increasingly attractive to the likes of Amazon , Alibaba and others. Store Woes. billion euros ($1.17

Metro 100
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Metro Cash And Carry Launches App To Help India Shops Digitize

PYMNTS

The Indian arm of German retailer Metro Cash and Carry has announced the launch of an app for kirana stores, allowing retailers to order stock, keep a check on inventory, and facilitate payments directly from their smartphones. There are plans to launch the app across all of its 27 stores in 17 cities in the near future. “The

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Restaurant Operator Blames Bankruptcy On Wage Hike

PYMNTS

an eatery operator with 35 restaurants, has filed for bankruptcy and is blaming the misfortune on a recent minimum wage hike in court filings, according to a report by Bloomberg. As a large employer in the Seattle metro market, for instance, the company was one of the first in the market to be forced to institute wage hikes.”.

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Amazon Expands Amazon Home Services To Twenty New Metro Areas

PYMNTS

14) it has expanded its Amazon Home Services into 20 new metropolitan markets around the country. Local service providers opt in based on where they operate and the services they offer. The service availability has also increased to include 50 metro areas around the country. Amazon announced Monday (Nov. out of five stars.

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Popular Bank Implements Branch Realignment in the New York Metro Region to Enhance Focus on Communities and Small Business Support

PopularBank

Popular”) (NASDAQ: BPOP), bank holding company of Popular Bank, today announced Popular Bank’s strategic realignment of its New York Metro branch network. The branch closures, which are expected to be completed simultaneously by January 29, 2021, are projected to reduce annual operating expenses by approximately $13 million.