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Financial/Banking

  • Here comes Conn’s, 100th store in sight

    The growth aspirations of Conn’s were revealed in the span of a few days recently when, with a new CEO at the helm, it entered the Georgia market and increased its presence in Colorado.

  • Smart & Final to open 100-plus stores in four years

    Smart & Final celebrated the one year anniversary of its public stock offering by telling investors a growth story about differentiation and new store expansion.

    Smart & Final, a uniquely positioned operator of 266 warehouse style stores, has plans to open 100 new stores in the Western United States during the next four years. CEO Dave Hirz dropped that bombshell while he and other senior members of the company were at the New York Stock Exchange to ring the opening bell to commemorate the one year anniversary of the company’s listing.

  • The Taylor McMinn team of Marcus & Millichap sells $4.2 million

    Dallas, Ga. -- Marcus & Millichap announced the sale of a 17,930-sq. ft. CVS Strip Center in Dallas, Georgia, for $4.2 million. The property is 70% anchored by CVS Health with a 15-year corporate-guaranteed double-net lease.

  • Walmart, Starbucks join global initiative for renewable energy

    Nine large U.S. companies on Wednesday committed themselves to achieving a major sustainability goal — and three of them are retailers.

    Walmart, Starbucks and Nike are among the firms joining RE100, a global initiative led by The Climate Group to engage, support and showcase influential businesses committed to 100% renewable electricity. Other firms joining the campaign include Goldman Sachs, Johnson & Johnson, Procter & Gamble, Salesforce, Steelcase, Voya Financial.

  • Survey: Apple Pay shines in customer satisfaction

    Apple Pay is significantly outdoing other contactless payment methods in at least one important area. According to the latest Contactless Payment Index results from eDigitalResearch, 51% of Apple Pay users are extremely satisfied, compared to 32% of contactless card users who said the same

  • Project 100 to intensify grocery competition

    Smart & Final celebrated the one year anniversary of its public stock offering by telling investors a growth story about differentiation and new store expansion.
     
    Smart & Final, a uniquely positioned operator of 266 warehouse style stores, has plans to open 100 new stores in the Western United States during the next four years. CEO Dave Hirz dropped that bombshell while he and other senior members of the company were at the New York Stock Exchange to ring the opening bell to commemorate the one year anniversary of the company’s listing.

  • Sportsman’s Warehouse breaking private equity bond

    A planned secondary stock offering by Sportsman’s Warehouse Holdings means the rapidly expanding outdoor retailer no longer meets the definition of a “controlled company” but the private equity firm that brought the company public last year will still own a huge stake.

  • RILA urges chip and PIN

    The upcoming Oct. 1 deadline for retailers to accept EMV-compliant, chip-based payment cards or face increased fraud liability mandates that retailers read card information stored in chips. However, the mandate does not specify whether the card be further verified by a PIN number or customer signature, and the Retail Industry Leaders Association (RILA) has a clear preference.

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