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Developing Brick-and-Mortar Stores For QSRs, Sleep Brands

PYMNTS

Some operators, such as Chipotle , are even launching store designs that showcase pick-up windows. The sleep brand ’s locations are thriving, and a few more are planned for this year. Data: 2005: The year Essentia’s founder created a mattress made of organic, non-toxic materials. All this, Today in Data.

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Toys R Us Eyes Liquidation Of US Operations

PYMNTS

operations, currently in bankruptcy, according to recent Bloomberg reports. The plans come as the company has yet — and the emphasis may be on “yet” — to find a buyer for those operations or finalize its debt restructuring plans. Overseas operations are also hampered, reports have noted, with the company’s U.K.

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The End Of An Era: Brookstone Files For Bankruptcy Protection

PYMNTS

It was taken into the private sector in 2005, then filed for bankruptcy in 2014. Brookstone was able to outlive other specialty retailers, including Sharper Image, which filed for bankruptcy protection and shut down operations in 2008, and SkyMall, which filed for bankruptcy in 2015.

Branding 100
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Olo Aims To Go Public In 2020 With Possible $1B Valuation

PYMNTS

Olo was originally started as a text message food ordering service in 2005. Glass recently spoke with PYMNTS’ Karen Webster about the industry as a whole, and touched on the trend of “ghost kitchens,” where third-party operators prepare food and hand it off right to drivers. and is starting to happen in the U.S.,

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RBI Fines Yes Bank For Money Transfer Violations

PYMNTS

The violations involve “issuance and operation of Prepaid Payment Instruments (PPIs), in connection with certain product features of an open loop prepaid card (co-branded) previously issued by the bank,” Yes Bank said. The stock last week hit a high not seen since 2005, noted Bloomberg.

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Whole Foods Shuts Down Commercial Kitchens

PYMNTS

Whole Foods continues its work to streamline its business operations in the wake of comparable sales declines. The supermarket brand recently announced plans to shut down all three of its commercial kitchens in Everett, Mass.; Atlanta, Ga.; and Landover, Md.

Atlanta 100
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Walmart Earnings Provide New Insight Into Digital-First Economy

PYMNTS

That compares to 68 percent of consumers who report belonging to Amazon Prime — a program that launched in February 2005 and now counts 150 million members globally. Brands want to be as close as possible to the “moment of truth,” which is that interval between considering a purchase and actually pulling the trigger.

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