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Chapter 11 Watch: Austin Reed Bids Farewell, Staples Plots A New Course

PYMNTS

brands like apparel retailer Austin Reed, though, the weight of all that financial baggage is too much to crawl out from under. The Baltimore Sun is reporting that the Mars brand, which operates 13 stores across Maryland, will be selling off five of its locations and shuttering the remaining eight. For some U.K.

Austin 100
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Rescuing The Restaurant Business From App Decline

PYMNTS

The internet “and its many apps, online reviews, and socially viral communication speeds will continue to disrupt restaurant industry traffic, revenues, brands, and survivability even more over the next decade,” Christopher Baron of RedBaron Consulting, told Modern Restaurant Management.

Miami 130
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4 winners and losers from the American Banker Digital Banking 2018 Conference

Gonzobanker

But what’s concerning me more than the gulf between big banks’ and community/regional banks’ digital adoption is the growing disconnect between bank strategy and digital strategy in community and regional banks. Austin is home to Malauzai , Q2, 22 fintech startups and FinTech supporter Austin Capital Bank , so it’s a great choice.

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Does Recent Bad News for Bikes and Scooters Foreshadow Something Bigger?

PYMNTS

The Asia Pacific region has the most employees outside of China, so job cuts there were the first step in the consolidation process. That’s because a spokesperson for the company told TechCrunch that Lyft is continuing to hire in its scooter and bike division, and that the cuts were part of the company’s “performance management process.”

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Introducing the Latest Filene i3 Concepts; Welcoming the New i3 Crew

Filene

This year we'll be kicking up the dust in Austin on December 7-8. Megan Jackson - Central Florida Educators Federal Credit Union, Regional Director of High School Branches. Bijal Gami – Local Government Federal Credit Union, Payments Manager. Each i3 member serves a two-year term that kicks off at big.bright.minds.

Vermont 48
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Levi Goes ‘Soft And Stretchy’ In A Rigid Retail Market

PYMNTS

Rue21’s new strategy includes opening 40 new stores, giving 100 current stores a facelift and focusing on branding. Chief Executive Chip Bergh said: “We are pleased with the third-quarter results with broad-based revenue growth across all three regions, despite the continued challenging environment, particularly in the U.S.

Retail 100
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Where Pharmacy Giants Walgreens, CVS, Walmart, And Rite Aid Are Placing Private Market Bets

CB Insights

For many consumers, the local pharmacy is long gone, replaced by big box retailers with significantly more cash and brand recognition. CVS established itself both as an insurer and population health manager with its $69B acquisition of Aetna. In June, the pharmacy retailer participated in a $7.3M