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Charlotte Russe Closing 95 Stores After Chapter 11 Filing

PYMNTS

Charlotte Russe, a retailer aimed toward young women’s fashion, has filed for Chapter 11 bankruptcy protection, according to reports. The retailer, which has more than 500 stores across the country, including 10 stores called Peek Kids, will close around 95 locations while it continues to search for a buyer. The bid for $5.2

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Retailer Gap Partners With BNPL Platform Afterpay To Boost Holiday Shopping

PYMNTS

Buy now, pay later (BNPL) payments platform Afterpay is teaming up with retailer Gap to offer flexible spending options as the holiday shopping season gears up. When consumers shop Gap brands online, they can choose Afterpay at checkout and pay for purchases in four interest-free installments. “We We are proud to partner with Gap Inc.

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A Bank Automation Summit Preview: Dissecting the Intersection of Real-time Payments and Automation

Perficient

Perficient is looking forward to joining this conversation with other financial services and payments experts at the upcoming Bank Automation Summit in Charlotte, North Carolina on March 2-3. Interested in learning more?

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Online Grocery Ordering Coming To SNAP Recipients

PYMNTS

Big news is in the offing for Walmart , Amazon and other chains that offer grocery ordering online – they have gotten a formal “green light” from the USDA to offer that service to recipients of the Supplemental Nutrition Assistance Program (SNAP). Reports indicate other retailers will join the program next month.

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eCommerce Shift Helps Fuel Strong Sales At Pier 1 Imports, Dressbarn

PYMNTS

Retail Ecommerce Ventures (REV) , the incubator that relaunched Pier 1 Imports and Dressbarn in 2020, noted that the migration to eCommerce in addition to trends such as the “quest for comfort at home” fueled formidable sales at the two brands, according to an announcement. And like Jeff Bezos did, they start with low-risk items.

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A New Virtual Reality For Real Retail Shoppers?

PYMNTS

This is especially true for retailers, as companies from around the omnichannel space look to appeal to customers by adding the tech to their stores and mobile apps. Similarly, in an effort to help customers better preview their purchases, online beauty platform Perfect Corp. About the Tracker.

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GameStop Collaborates With QuadPay For BNPL

PYMNTS

QuadPay is currently available on the retailer’s website and at its brick-and-mortar stores, according to an announcement. GameStop becomes a part of the more than 4,700 worldwide retailers and merchants in the QuadPay network. The company’s app has been downloaded more than 2.3 million times.

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