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Porsche Passport Lures Younger-Than-Expected Drivers

PYMNTS

Klaus Zellmer, Chief Executive of Porsche North America, told CNBC that the program, which is just live in Atlanta since November, is attracting drivers who wouldn’t typically drive their cars. “We We engage people with a brand that they usually wouldn’t,” Zellmer said. “We’re

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Tru Kids Teams With Candytopia For Toys R Us Adventure

PYMNTS

To bring in shoppers with new experiences, Tru Kids, the new owner of the Toys R Us brand, is teaming up with Candytopia. The play areas will open toward the end of October at Buckhead’s Lenox Marketplace in Atlanta as well as on North Michigan Avenue in Chicago.

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Reseller Market Maintains Momentum With Nordstrom’s Entry

PYMNTS

If there was any stigma left about used clothing it may have been erased last week as Nordstrom put its high-end brand on what it calls “re-commerce.”. The company recently opened offices in Tokyo, New York City and Silicon Valley, and authentication centers in the Netherlands and Atlanta. We like the handle.

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Today In Payments: MineralTree Raises $50M, Buys Two Companies; Robinhood Raises $460M

PYMNTS

24) announced a $50 million Series D investment round and the purchase of two companies: Inspyrus, a Silicon Valley FinTech that specializes in AP, and Regal Software, the Atlanta-based provider of B2B disbursement software. MineralTree Inc., the Massachusetts-based accounts payable (AP) automation software provider, on Thursday (Sept.

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How The Gap Hopes To Capture Consumers With A More Open Take On Loyalty

PYMNTS

Loyalty rewards for shoppers are not new to the Gap , or its associated brands, Banana Republic, Athleta and Old Navy. For those who carry either the branded Gap card, or the Gap Mastercard (or anyone who has ever been part of a retail rewards program), the offerings are fairly familiar. We have a successful Gap, Inc.

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Meal Kit Providers Exit Q2 With Industry In Major Flux

PYMNTS

With millennials working multiple gigs, very few have enough time left to make a proper meal — if they aren’t eating out at a local restaurant. The firm also sells its own meal kit under the name True Chef, and is expected to use some of the acquired Chef’d assets to expand its own brand.

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How Home Depot’s Hedging Against A Downturn With Digital

PYMNTS

The Dow grew an average of 25 percent during that time period, meaning the Atlanta-based home improvement chain’s performance nearly doubled. billion investment in improvements across the brand.

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