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Jeans Maker True Religion Files For Chapter 11 Bankruptcy

PYMNTS

And the coronavirus pandemic has hit clothing retailers particularly hard, given the lack of need for new clothing while everyone stays inside to follow social distancing measures and avoid going out for any non-essential needs. True Religion was founded in 2002 with a headquarters in Malibu Beach, California.

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Supply Chain Bottlenecks Impact Shipments To Stores, Warehouses

PYMNTS

The executive also noted that operations at the firm’s storage facilities and those of wholesale clients “have been slower just due to some labor shortages and other disruption due to Covid.”. In August, international container shipping volumes were up 34.2 percent as compared to February, WSJ reported, citing Container Trade Statistics.

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Could Retail Job Growth Actually Save Companies Money?

PYMNTS

The news from the Bureau of Labor Statistics (BLS) last week that the retail industry added 48,000 new jobs in March — bringing the increase to 378,000 new jobs over the past 12 months — appears to be positive on a number of fronts. And while the number of retail jobs in the U.S. While it’s reasonable to presume that any U.S.

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Profitability and Customer Financial Health in Retail Banking

FICO

Profitability and Customer Financial Health in Retail Banking. In my recent Forbes article , I explored a vision for the future of retail banking where the customer’s complete financial wellness is at the center of decision making. Here’s how to strike a balance that delivers long-term benefits for customers' financial health.

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Average Age Of US Vehicles Nears 12 Years

PYMNTS

Research from IHS Markit shows that the average age of “light vehicles” in operation in the U.S. That’s a dramatic increase, considering that in 2002, the U.S. Americans seem to be holding onto their cars for longer periods of time. has risen to 11.9 Today, 25 percent of cars in the U.S.

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Equifax Names Warburg Pincus Executive Its New CEO

PYMNTS

In a press release , Equifax said Begor will start on April 16 and is coming to Equifax from Warburg Pincus, where he was a managing director and focused on operational improvement across the portfolio of companies that fall in Warburg Pincus’ Industrial and Business Services unit.

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Equifax Names New Executive For USIS Unit

PYMNTS

In a press release , Equifax said Begor came to Equifax from Warburg Pincus, where he was a managing director and focused on operational improvement across the portfolio of companies that fall in Warburg Pincus’ Industrial and Business Services unit.