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J.Crew Joins The Pandemic Bankruptcy Perp Walk

PYMNTS

Madewell sells women’s apparel online and through brick-and-mortar stores with an emphasis on casual denim. It had slashed prices by 60 percent online this week. The company operated 182 J.Crew-branded stores, 140 Madewell stores and 170 factory stores as of March 2. billion debt. A filing could come as soon as this weekend.

Retail 185
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Kroger And ALDI Jump On Instacart

PYMNTS

In 2014, Amazon ’s Whole Foods became Instacart’s first national partner. But, following Amazon’s acquisition of Whole Foods, Amazon started offering its own two-hour delivery from stores in Austin, Cincinnati, Dallas and Virginia Beach in February. In March , it rolled out the service to Atlanta and San Francisco.

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Car Vending Machine Company Carvana Goes Up Against Wall Street

PYMNTS

Just ask Carvana, the leading online automotive seller and a major force in changing the way people buy cars. According to Carvana Chief Brand Officer Ryan Keeton, opening new markets brings an uptick in overall business. “We Wall Street is a tough master, especially for eCommerce companies. New Markets. Ontario (L.A.),

Company 130
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New Formats Deliver For Food Ordering

PYMNTS

At the same time, online food delivery increased nearly 15 percent between 2018 and 2019. The study also found Dunkin’ had the fastest drive-thrus, with an average of 217 seconds, which is likely due to Dunkin’s simpler orders compared to other brands. and Canada, allying itself with other brands and services.

Study 108
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Amazon Or Walmart? Who Won 2019’s Race For The Consumer’s Whole Paycheck

PYMNTS

In related grocery delivery news, Amazon Fresh, the company’s online grocery delivery program that pre-existed Whole Foods, dropped its $14.99 However, Amazon’s most eye-catching grocery announcement this year was the news that it intends to open a new Amazon-branded grocery store in the near (but unspecified) future in California.

Retail 136
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Surviving The Retail Apocalypse: The Technologies And Trends That Can Help Brick-And-Mortar Thrive Again

CB Insights

E-commerce sales growth is pulling ahead of total retail sales ( 17% vs. 6% for year-over-year in Q4’17), and Amazon is controlling upwards of 40% of online sales in the US, according to the US Department of Commerce and Slice Intelligence, respectively. Say goodbye to the big-box stores of yesteryear. Ikea as a model.

Retail 59
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The 2018 GonzoBanker Awards

Gonzobanker

PNC made a Gonzo move with a national digital expansion in 2018 with the unique idea of building a small number of branches in target metro markets like Kansas City and Dallas. Leveraging the Virtual Wallet brand it built years ago, it will be worth watching how PNC fares in 2019. GonzoBanker of the Year – Mid-Size Banks.

Fintech 102