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Sneaker Sales Propel 3Q Surge In Under Armour Earnings

PYMNTS

The Baltimore-based chain also announced the sale of its MyFitnessPal workout platform to private-equity firm Francisco Partners. Patrik Frisk, president and CEO of Under Armour, told The Baltimore Sun that the company is focused on returning to profitability and is planning to invest in eCommerce and company-owned retail outlets. .

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Under Armour Wants To ‘Reinvent’ Baltimore, But Not Everyone’s Feeling It

PYMNTS

What I really want to do is build the biggest brand on the planet,” Plank recently told Bloomberg. “I And Baltimore, like many mid-sized American cities, is pretty much broke right now. And Baltimore already has a bunch of sports teams. The problem, many locals say, is that only Under Armour will benefit from the arrangement.

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Retail Pulse: Kohl’s To Curate Brands With Facebook; Domino’s Rolls Out eBike Tie-Up

PYMNTS

Kohl’s , for instance, will bring emerging brands to over 50 physical retail locations and online starting in the fall through Curated By Kohl’s. The retailer also plans to team with Facebook on brand curation starting next year — “identifying and engaging with brands that have built a strong online community on the social media platform.”.

Branding 101
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One Food-Ordering App To Rule Them All

PYMNTS

It’s a hungry brand, gobbling up three different food delivery competitors in the last quarter alone: Boston-based Foodler, Groupon’s OrderUp and most recently, Yelp’s Eat24. Both Groupon and Grubhub are Chicago-based, although OrderUp calls Baltimore home. Grubhub isn’t just about hungry people. The Eat24 deal closed last week on Oct.

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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.

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The Global Bike-Share Boom: Dockless Models Look To Solve Urban Commutes & Transit Access

CB Insights

With the proliferation of consumer-ready mobile payments, IoT, and mature GPS technology, costs to build remote locking and tracking systems plummeted, allowing bike-share operators to build dockless systems. Bike-share operators report that commuting purposes rank among the top reasons for membership. Get Our AutoTech Newsletter.

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12 Industries That Will Thrive Thanks To Millennials

CB Insights

In 2018, Marriott International opened a hotel designed specifically for young travelers in Tampa, while Hilton began building a new iteration of its millennial concept hotel, Tru, in Baltimore. Many millennial consumers are looking beyond older, legacy coffee brands to blends from boutique “third-wave” coffee roasters.