Remove 2002 Remove Capital Remove Marketing Remove Retail
article thumbnail

Retail Bankruptcies Fuel The Overstored Debate

PYMNTS

Another bankruptcy; another week of trying to sort out the problems at retail. simply has too many stores to support them all and the “retail apocalypse” is simply as natural as a snake shedding skin. The issue was raised by Horan Capital analyst David Templeton in his Monday (Feb. square feet of retail space for every consumer.

Retail 168
article thumbnail

Jeans Maker True Religion Files For Chapter 11 Bankruptcy

PYMNTS

True Religion was acquired for $824 million in 2013 by London-based capital investment firm TowerBrook Investment Partners, and ended up filing for bankruptcy in 2017. Due to the pandemic forcing stores to close, around a million employees of various brands and retailers have been furloughed.

Delaware 160
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Fat Brain Toys Navigates Pandemic With Agile Business Model

PYMNTS

On one side are the manufacturers and retailers that are waiting for the licensed products that drive the big sales. Fat Brain is an independent toy retailer that has navigated the pandemic with an agile business model and an emphasis on learning. Another factor that differentiates Fat Brain from its retail peers is marketing.

Nebraska 142
article thumbnail

Today In B2B: ICICI Integrates AlignBooks; Everpeaks Debuts Logistics Portal

PYMNTS

The round comes with a new confidence in small to medium-sized business (SMB) FinTech solutions, as Bookkeeper360’s total capital funding hits $2.1 One pick might be Renata Hesse , who has served numerous stints at the DOJ since 2002 and was acting attorney general from mid-2016 through January 2017, according to Reuters.

Software 131
article thumbnail

With Five-And-Dime Roots, Five Below’s Still Making It On Main Street In The Amazon Era

PYMNTS

That retailer would be Five Below, which, after opening its doors in 2002, called itself “the Five-and-Dime for the iPod Generation” in a 2011 press release. And, according to a recent Wall Street Journal article, the retailer is thriving — even in the age of eCommerce, and, well, Amazon. The New Five-And-Dime Store.

Maine 139
article thumbnail

Why Digital’s 3.0 Shift May Take Longer Than We Think

PYMNTS

There is an out-and-out frenzy to capitalize on the pandemic-fueled digital shift that gave consumers few options for accessing products and services over the last twelve weeks. Yet as successful as they have been and as dominant as their platforms are today, they still represent a fraction of overall payments and retail sales.

article thumbnail

Here Are 35 Casualties Of The Retail Apocalypse And Why They Failed

CB Insights

Modern-day retail is at an inflection point as retailers face struggling physical storefronts, massive debt, and inefficient operations, among other issues. Formerly beloved brands such as Aeropostale, American Apparel, and PacSun bit the dust in 2016, and the pace of retail deaths has accelerated since then.

Retail 78