Banking Software Co. Names New CEO

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CFM, a leading provider of connectivity, workflow, and analytics software for banking, today announced that Stephen Baker has been named Chief Executive Officer, effective May 1, 2023. After a brief transition, current CEO John W. Smith will remain actively involved as vice chairman of CFM’s board of directors. This appointment follows a series of recent M&A transactions … [More]

Home Prices Fell 3% in March–Biggest Annual Drop in Over a Decade, Competition Up

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The median U.S. home price fell 3.3% in March to $400,528, the largest year-over-year drop since 2012, according to a new report from Redfin, the technology-powered real estate brokerage. Pandemic boomtowns and pricey Bay Area markets led the price declines in March. In Boise, ID, prices fell 15.4% from a year earlier, more than any other U.S. metro area Redfin analyzed. … [More]

True Food Kitchen to Open First Takeout-Only Location in Tempe

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True Food Kitchen, the award-winning, wellness-focused, seasonally-driven restaurant brand, announced today it will open its first-ever takeout-only location, True Food To Go, this summer in Tempe. Located on South Mill Avenue, south of University Drive, True Food To Go will further the restaurant’s mission to bring communities better-for-you food and beverage options in an … [More]

Phoenix-Based Apparel Co. Introduces Sustainable, Protective Swim and Active Wear

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With a mantra to ‘find your sun’, the newest eco-friendly sun wear clothing brand, Somewhere Sunny, is bringing the latest in sustainably produced and comfort-forward apparel to the sun-seeker in all of us. A primary goal of founder and entrepreneur Shea Beck is to reduce the overall environmental footprint by limiting fabric waste and using recycled and renewable materials and … [More]

Nextiva Acquires AI Co. to Transform How Businesses Deliver Support Across Online Channels

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Nextiva, the leading conversation platform, today announced its acquisition of Simplify360, an AI customer experience platform based in India. Simplify360 uses AI and automation to enable 5,000+ global businesses to seamlessly deliver world class customer support across multiple channels, including email, live chat, social media, online reviews and e-commerce. Some of … [More]

75% of Employees Don’t Want to Leave Their Employers, But Half Don’t See a Path Forward

Rick McCartney

Betterworks, the leader in modern enterprise performance management solutions, announced the results of its annual State of Performance Enablement global HR research report that show 75% of employees prefer to stay with their employers, but a lack of internal career development and feelings of bias undermine retention, engagement, and productivity. Only 48% of employees see a … [More]

Their Take: Congress Shouldn’t Hurt Small Business by Destroying Digital Advertising

by Drew Ament

Today in Arizona, the state is home to more than a half million small businesses — including my own company, based in Glendale. Statewide, small businesses account for more than four out of 10 workers. Small businesses help rev up the state’s economy, we create jobs and we help make the Valley’s neighborhoods more vibrant. This is not easy work, but in running a small business, … [More]

Hiring Individuals with Disabilities Can Be a Smart Move

By Robert J. Blaney, SBA Arizona District Director

Small businesses are finding it difficult to hire talented workers.  Hiring a disabled individual can help a business meet their talent needs while also strengthening their competitive edge.  Hiring an individual with a disability, allows a business to expand its pool of talent, create a culture of diversity, meet their workforce needs, foster creative business solutions, and … [More]

Dips in March Home Sales and Prices Point to Stronger Potential Ahead, Says Report

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News that Maricopa County led the nation in population growth last year bolstered Phoenix REALTORS expectations for solid sales through the rest of 2023. March residential real estate numbers are showing stable and slight upswing potential, according to a recent report from Phoenix REALTORS. “We’re in a unique situation in Maricopa County. Nearly 200 people daily are moving … [More]

Utah-Based Private Aviation Co. Launches at Scottsdale Airport

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SkyShare, a full-service private aviation company, announces its official launch in Scottsdale, bringing the most cost-effective, approachable, and transformational on-demand luxury air travel to the Valley. The company was first founded in a single office in 2009 in Ogden, Utah as CB Aviation, then added fractional and charter operations in 2018. Since then, SkyShare quickly … [More]

A New Destination for Live Jazz, Wood-Fired Tapas and Handcrafted Cocktails Opens Downtown

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Pa'La Downtown is proud to announce the opening of their new lounge, The Lounge at Pa'La, on Wednesday, April 19th, from 5 pm to 9 pm. The lounge will feature a live jazz band and complimentary Japanese and Mediterranean-inspired wood-fired tapas and drinks, showcasing the unique style of cooking by Chef Jason Alford. The Lounge at Pa'La is designed by restaurant designer … [More]

Sam Fox’s Pizza and Rotisserie Chicken Restaurant Prepares to Take Flight in North Central Phoenix

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After launching the first-ever Doughbird in Arcadia in 2016, Sam Fox is ready to roll out a second Phoenix location of this popular spot in fall 2023, but this time with an expanded menu and an even bigger and better bar program. Doughbird will open its third location in Tucson in May, only a few months after a rockstar opening in Nashville. And now, Doughbird is ready to … [More]

Arizona Gives Day Generates $5.1M for Nonprofits Statewide

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Arizona residents donated more than $5 million to more than 875 Arizona nonprofits as part of the 2023 Arizona Gives Day, preliminary results show. With this year’s preliminary total, Arizona Gives Day has now generated nearly $42 million for Arizona nonprofits over the past decade. The event, which is presented by the Alliance of Arizona Nonprofits + Arizona Grantmakers … [More]

What the Google Analytics 4 Transition Means to You

by Paul DeLeeuw

The transition from Universal Analytics to Google Analytics 4 on July 1 has broad consequences for users of Google’s popular digital tracking platform. As of 2022, Google has the largest market share (30 percent) of any online data provider. The consequences of the transition are so broad, not every business will share the same concerns. Here are the basics to know, a few of … [More]

Combat Ongoing Inflation with These 5 Money-Saving Tips for Consumers

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Even as the overall inflation rate has fallen, prices remain elevated across the economy, putting continued pressure on Americans’ budgets. These ongoing inflationary struggles have consumers on the hunt for ways to stretch their dollars. “We may not control inflation, but that doesn’t mean we’re completely helpless in our high-price environment,” said Amy Maliga, … [More]

Smaller Deals Lead Q1 Phoenix Office Leasing, Favoring Spec and Sublease Space

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Three quarters of all office lases signed in metro Phoenix in Q1 2023 fell in the sub-10,000-square-foot range, according to the latest market report released by the Phoenix office of JLL. The activity demonstrates a continued preference for smaller speculative suites and plug-and-play sublease space – both office solutions that provide greater flexibility as tenants and … [More]

CRE Co. Is Empowering Others with Series of Panel Discussions

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Evolve Ventures, a commercial real estate firm founded by two industry leaders, hosted an April 13 panel discussion, Modern Networking: Using Your Personal Interests to Build Relationships and Seal Deals. Evolve Ventures’ managing principals, Amy Malloy and Heather Personne, have focused on thinking, acting and transacting differently since founding their firm four years … [More]

Third-Party Logistics Providers Lead the Way in Big-Box Warehouse Leasing Activity in Phoenix

inbusinessPHX.com

The Phoenix metro is one of the fastest-growing industrial markets in North America due to increasing demand for big-box (200,000 sq. ft. or larger) warehouse space, according to a new report from CBRE. With a growth rate of 14.3% in 2022, Phoenix ranks as the top growth market in North America. The Valley’s industrial market continues to be driven by a diverse set of … [More]

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