PYMNTS

NOVEMBER 16, 2020

When he first came up with the idea for an eCommerce technology company, Co-founder and CEO Finbarr Taylor was in the process of plowing through this story of medieval Japan. He needed a name for the company and liked the book. A new Shogun was born. Or you could find a tool like ours and customize and optimize on your own.”.

Retail 226

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PYMNTS

JUNE 18, 2020

Designer Brands Inc. The company operates almost 1,000 retail stores under names like DSW Designer Shoe Warehouse and The Shoe Company. The company’s net loss for the first quarter was $215.9 In separate news, retailer Express Inc. reported that net sales plunged by 44.7 percent to $482.8

Branding 141

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PYMNTS

JULY 28, 2020

Men’s Wearhouse owner Tailored Brands might seek bankruptcy in the third quarter of its fiscal year, according to a 10-Q regulatory filing with the U.S. Tailored Brands said the pandemic had a significant effect on its business, as has been the case with a number of merchants. Securities and Exchange Commission (SEC). “We

Branding 132

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PYMNTS

NOVEMBER 9, 2020

“We are essentially taking glass doors that were probably underutilized and not asking the retailer for any additional physical space.”. From a business standpoint, we believe that things like sales lift are obviously a really important metric,” Dravenstott said, “and you don't hear that much in brick and mortar retail.

Retail 277

Retail Innovation Video Chicago 277

PYMNTS

NOVEMBER 3, 2020

These are the top stories in retail for Tuesday (Nov. The automotive market is surging during the pandemic, and companies like Carvana are reaping the benefits. The company reported a stellar third quarter as used cars and contactless delivery are driving the market. SA Company Takes The COVID Pivot Outside — Literally.

Company 131

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PYMNTS

JUNE 24, 2020

Vitamin store chain GNC Holdings filed a “prepackaged” Chapter 11 bankruptcy plan, saying it has an offer to sell the company for $760 million and has backing from some 90 percent of its creditors, according to a statement. The retailer, along with Harbin Pharmaceutical Group Holding Co.,

Retail 186

Retail Strategy Branding Security 186

PYMNTS

JUNE 26, 2020

McNicoll said the quick gains aren’t surprising, as physical retail stores essentially closed down worldwide for months. With this [change], we’ll see more competition in the online arena, with larger brands coming in and competing directly,” he said. One issue is how to finance a pivot, a challenge the luggage company faced.

Retail 318

Retail Online Capital ATM 318

PYMNTS

MAY 11, 2020

As retailers, especially those marked non-essential, move to digital commerce platforms they’re also finding new ways to stay in touch with customers during the pandemic. Our data also showed that shoppers are seeking new brands and ‘in-stock’ products when Amazon is out of stock or cannot fulfill the needs of consumers.”.

Retail 176

Retail Branding Mobile Analytics 176

PYMNTS

NOVEMBER 10, 2020

The David’s Bridal application was built by Vertebrae , a tech company that specializes in bringing real-world applications to retailing. Vince Cacace , CEO of Vertebrae, told PYMNTS that AR in 3D has become a high-demand technology for all kinds of products and retailers. “We How does it work on me? What are the details?

Retail 261

Retail Technology Training Online 261

PYMNTS

JANUARY 7, 2021

In today’s top retail news, Walgreens Boots Alliance, Inc. reported that its Retail Pharmacy USA segment had $27.2 Walgreens Retail Pharmacy USA Reports $27.2 reported as part of its Q1 fiscal 2021 earnings that its Retail Pharmacy USA segment had $27.2 Billion In Sales. Walgreens Boots Alliance, Inc.

Retail 172

Retail New York City New York Texas 172

PYMNTS

DECEMBER 17, 2020

Fashion retailer rue21 (r21 Holdings, Inc.) The retailer modified its asset-based credit facility to bolster availability to $155 million due 2025 headed up by Bank of America, N.A. She also added that the company’s decreased debt load shows its financial formidability to supplier and landlord partners. million members.

Retail 141

Retail Pennsylvania America Capital 141

PYMNTS

JULY 3, 2020

Retail CEOs faced a parade of problems in 2020’s first six months, but some executives look ready to set off plenty of fireworks in the year’s back half. . Here’s a July 4 th look at some top executives in retail who seem ready to declare their independence from business as usual in 2020’s final six months. . John Donahoe, CEO, Nike.

Retail 267

Retail Apple Branding Marketing 267

PYMNTS

JUNE 25, 2020

Technically speaking, Abingdon Mullin is the CEO of a company that sells watches crafted for women. While the only thing that was temporarily put on hold was a search for scalable capital investment, Mullin is stepping forward with a new YouTube Channel that started on June 1, with three episodes each showing women in adventurous roles.

Retail 267

Retail Video Meeting Branding 267

BankBazaar

APRIL 11, 2023

National, March 30, 2023: BankBazaar.com , India’s leading fintech co-branded Credit Card platform and online provider of free Credit Scores, closed FY23 with net revenue of ₹160 crore. The company grew its net revenue for FY23 by 60% over FY22 on the back of a 60% growth in its Credit Card issuances.

Branding 78

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PYMNTS

JULY 6, 2020

If your business touches retail in any way, it might pay to follow a few important breadcrumbs. Last week, Constellation Brands purchased Empathy Wines , a direct-to-consumer (DTC) eCommerce business that sells wines from California vineyards. That quarter, Nike CEO John Donahoe said that digital represented 30 percent of Nike’s sales.

Retail 259

Retail Meeting Branding Maine 259

PYMNTS

JANUARY 12, 2021

As reported , Walmart is working with Ribbit Capital to create an as-yet unnamed FinTech that would, the companies said on Monday (Jan. 11) “bring together Walmart’s retail knowledge and scale with Ribbit’s FinTech expertise to deliver tech-driven financial experiences tailored to Walmart’s customers and associates.”.

Capital 155

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PYMNTS

DECEMBER 28, 2020

The dreaded returns season has hit retail with a predictable but painful thud. With Mastercard putting a 49 percent tag on the eCommerce spike for the holidays, this year will be the toughest on record for handling what is a resource- and capital-intensive task. In the brick-and-mortar retail era it was a nuisance to be avoided.

Customer Experience 216

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PYMNTS

AUGUST 8, 2019

The company will partner with top fashion and beauty brands and retailers for the event, which offers its two million U.S. Discounts will be offered across retailers such as NARS Cosmetics, Schutz, APL, Steve Madden and more. retailers, which represent more than 10 percent of the U.S. retail partners.

Branding 117

Branding US Retail Millennials 117

PYMNTS

NOVEMBER 1, 2017

Walmart will no longer carry Danskin brand apparel products in its stores or on its website, according to New York Post reports from Tuesday (Oct. The retailer will remove the products from its shelves in 15 months. . Danskin is a 135-year-old brand owned by parent company Iconix Brand Group and generating $15.5

Branding 104

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PYMNTS

NOVEMBER 28, 2018

retail outfit that sells children’s clothing, is mulling whether to shutter more than half of its 900-store base, Reuters reported Tuesday (Nov. Among those options for Gymboree – which also owns Janie and Jack and Crazy 8 brands – might be to file for bankruptcy again, according to the sources. Gymboree, the U.S.

Retail 152

Retail Capital Branding Groups 152

PYMNTS

NOVEMBER 4, 2020

Like so many verticals that have adapted to survive the COVID-19 era, the restaurant industry is seeing the acceleration of trends that were already in place, Dave Boennighausen , CEO of fast-casual chain Noodles & Company told Karen Webster in a recent conversation. I think our brand is well-positioned for off-premise,” he said. “We

Company 160

Company Colorado Branding Trends 160

PYMNTS

JANUARY 23, 2019

Capital One ’s domestic card loans increased 8 percent in the fourth quarter of 2018 , the bank said on Tuesday (Jan. 22) as company executives gave an update of its card deal with Walmart. billion, a jump Capital One said was mainly due to a 65 percent increase in marketing expenses. billion, an increase of $5.8

Capital 156

Capital Cards Branding Conference 156

PYMNTS

AUGUST 26, 2019

To provide men’s personal care items that feel like premium brands at accessible price points, eCommerce innovators are building product lines through the direct-to-consumer (DTC) model. Founder Matt Mullenax was inspired to start the brand after cutting his teeth in the DTC world as an early employee at Bonobos. The Products.

Branding 163

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PYMNTS

DECEMBER 10, 2020

Ascena Retail Group Inc. The arrangement would keep the company as a going concern with a minimum of 900 retail locations, the newspaper reported. 8) he would give the go-ahead to the sale of most of the retail group’s leftover property to Sycamore Partners. In July, Ascena Retail Group, Inc.

Branding 159

Branding United States Virginia Retail 159

PYMNTS

MARCH 27, 2020

The divide between essential and non-essential retail grows bigger by the day as deep discounters and dollar stores continue to add stores, employees and revenue during the COVID-19 crisis. We’ve had pretty much 100 percent cancellation from all major retailers,” he said , naming Macy’s Inc., TJX Companies Inc. Nordstrom Inc.,

Retail 130

Retail Capital Groups Community 130

PYMNTS

FEBRUARY 21, 2018

Gap Brand announced that its CEO Jeff Kirwan was leaving the company, just as the retailer gets ready to reveal its fourth-quarter results. Kirwan had been in charge of the Gap brand since December 2014. s head of Global Talent and Sustainability, will oversee the brand until a permanent replacement is found. “I

Branding 100

Branding Comparison Retail Operations 100

PYMNTS

JUNE 25, 2020

One of the new truisms of pandemic-era retail is this: If a retailer was in trouble before COVID-19 , that trouble will be magnified because of it. That “troubled” group of companies continues to struggle, seeking Chapter 11 or other financial lifelines. billion in new financing, could stabilize the company.

Retail 141

Retail Strategy Meeting Groups 141

PYMNTS

NOVEMBER 23, 2020

When Miami-based Retail e-Commerce Ventures (REV) recently announced that it purchased the remains of twice-bankrupt RadioShack , it wasn’t some one-off strategy to acquire distressed assets for pennies on the dollar. Instead, it was the latest move in a business model that the company has long followed.

Branding 254

Branding Retail New Jersey Miami 254

PYMNTS

APRIL 25, 2019

Shopify announced it has launched a new retail hardware collection to improve in-person shopping for some of the world’s fastest-growing brands and their customers. Digitally native brands want to build loyal audiences through retail locations, and we’ve designed the best products to help them achieve this success.”.

Retail 122

Retail United States Branding Cards 122

PYMNTS

JUNE 8, 2018

After news surfaced in May that Golden Gate Capital was considering a merger of Eddie Bauer and Pacific Sunwear of California , the private equity firm has created a new operating company comprised of the two retailers. Both brands have made great progress in the past 24 months and have generated strong performance.

Operations 100

Operations Company California Branding 100

PYMNTS

SEPTEMBER 25, 2019

In a deal that would make it the fourth-biggest restaurant company in the country, Inspire Brands will acquire Jimmy John’s for a price that was not disclosed. James North, Jimmy John’s president, will stay at the company. Liautaud said in a statement, according to the outlet, “Jimmy John’s has found the ideal home at Inspire.”

Branding 101

Branding Capital Groups Innovation 101

PYMNTS

OCTOBER 5, 2020

Wool footwear brand Allbirds is wagering on physical retail stores despite the coronavirus. In October, the firm will open its 22 nd retail location in its home state of California. One rationale for the company making its own retail location network was to steer clear of the pressures from merchants and wholesalers.

Retail 256

Retail Branding California National 256

PYMNTS

AUGUST 6, 2019

Struggling to compete with online brands, famed Big Apple luxury retailer Barneys New York has put itself up for sale and filed for bankruptcy protection, according to a report by Reuters. . However, the company hasn’t been immune from the same market conditions that sent Sears and Kmart into bankruptcy.

New York 108

New York Branding Las Vegas Seattle 108

PYMNTS

OCTOBER 11, 2020

Representatives of grocery-delivery powerhouse Instacart have met with investment bankers to explore taking the company public, the Financial Times (FT) reported. 8) that it had received $200 million in new capital from existing investors Valiant Peregrine Fund and D1 Capital Partners, boosting Instacart's valuation to $17.7

Report 268

Report United States Capital Retail 268

PYMNTS

SEPTEMBER 22, 2020

Mirakl , the cloud-based eCommerce software company headquartered in Paris, has raised $300 million in its latest funding round, Bloomberg News reported. billion, the company’s U.S. Mirakl provides online marketplace software to manufacturers, wholesalers and retailers, including Kroger Co., according to its website.

Software 220

Software Retail Capital Branding 220

PYMNTS

APRIL 17, 2019

Returnly , the post-purchase payments company, announced on Tuesday (April 17) that it has raised $19 million in venture funding. In a press release , the company said the Series B round of funding was led by Craft Ventures, the venture capital fund co-founded by serial entrepreneur David Sacks.

Retail 134

Retail Customer Experience Capital Strategy 134

PYMNTS

MAY 28, 2018

The parent company of Eddie Bauer and Pacific Sunwear of California is considering a merger of the two retailers in an effort to consolidate stores, as well as survive a prolonged downturn in the American brick-and-mortar retail sector. One source said that the company’s same-store sales are up 5 percent so far this year.

Capital 100

Capital California Retail Washington 100