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Bump On The Road To National FinTech Charters?

PYMNTS

The news came Thursday (May 2) that, per a ruling in federal court in New York, the State Department of Financial Services can move forward with a suit that looks to derail national bank charters for FinTech companies. The national licenses would let FinTechs lend money and paychecks to consumers. lakh (roughly $1.6

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Digital Exercise Brands Get Pumped Up As In-Person Fitness Loses Muscle

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But that national network of body-sculpting palaces is in disarray today, with major chains including Gold’s Gym and 24-Hour Fitness filing for Chapter 11 relief due to the coronavirus pandemic, along with a slew of other operators from privately owned yoga studios to fitness centers. Peloton’s stock price doubled on that news.

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Retail Pulse: Kohl’s To Curate Brands With Facebook; Domino’s Rolls Out eBike Tie-Up

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Kohl’s , for instance, will bring emerging brands to over 50 physical retail locations and online starting in the fall through Curated By Kohl’s. The retailer also plans to team with Facebook on brand curation starting next year — “identifying and engaging with brands that have built a strong online community on the social media platform.”.

Branding 101
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Grubhub Offers Eateries $30M In Promo Support During COVID-19

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Grubhub is also collaborating with Verizon Business to deliver meals to frontline healthcare workers in New York City. Grubhub is coordinating with six local hospitals and numerous New York City restaurants to provide a complimentary meal each day to healthcare workers. It has raised a total of $284.1

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Toys“R”Us Locks Down $3.1 Billion In Financing

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billion in financing, a big vote of investor confidence for the toy and game retail brand which had recently declared bankruptcy. 18, 2017, with an overall goal of restructuring its operations and substantial outstanding debt, Chain Store Age reports. Toys“R”Us has just managed to secure $3.1

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Shake Shack On Tapping AI And Other Tools To Optimize The Customer Experience

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This pressure to innovate is affecting QSRs of all sizes, from independent eateries serving loyal local followings to national or even international behemoths reaching millions of customers each year. New York-based burger chain Shake Shack is no exception. Post-Pandemic Moves.

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Online Ordering Startup Lunchbox Notches $20M

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New York-based online ordering startup Lunchbox has raised $20 million in a Series A funding round led by Coatue and a mix of new and previous investors, according to a press release. The company is also planning strategic new hires and is looking to grab top-tier talent.

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