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Le Pain Quotidien Is Latest Food Chain To File For Bankruptcy

PYMNTS

As The Wall Street Journal reported, the eatery hoped to avert a complete liquidation of its 98 locations in New York, the Mid-Atlantic, California, Illinois and Florida with a proposed $3 million sale of the business to Aurify Brands LLC. Under the terms of the deal, Aurify Brands would allow at least 35 of its U.S.

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Entrepreneurial Upscale Chefs Are Plating Recovery Plans

PYMNTS

After cherished Boston dining spot, Stella, closed its doors due to pandemic losses, chef and owner Evan Deluty couldn’t let the dream die — or his heavenly preparations disappear — and has reinvented Stella as a gourmet food truck. In New York City, still considered the epicenter of COVID infection in the U.S.

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Smart Watches, Run Hubs And New Balance’s Retail Reset Button

PYMNTS

Boston-based athletic company New Balance has a simple mission: to become the world’s best running brand. Nike and Adidas would also like to be the world’s best running brand, and both are much larger. And those collaborations are even more on display in New Balance’s new brand of physical stores.

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Club Monaco, Pop-Ups And Powering Enhanced Retail Experiences

PYMNTS

In fact, the now Duchess of Sussex has sold out a few items for the brand, as its items regularly sneak into her wardrobe rotation. A royal celebrity endorsement is, of course, always nice – and certainly a good way to get a brand’s name in print. Pop-up stores. For this launch, Club Monaco is again working with Diptyque Paris.

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Retail Pulse: Nike Opens Atlanta SNKRS Pop-Up; FAO Schwarz Plans London Store

PYMNTS

Big brands are opening pop-up shops chock full of digital commerce technology and experiences for fans, and Nike is no exception. The news comes a few months after Nike opened a digitally-powered flagship in New York City. In Other Brick-And-Mortar News.

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18 Corporate Innovation Labs In Healthcare

CB Insights

Notable projects: The Mayo Clinic OB Nest explores ways for women with low-risk pregnancies to reduce the number of their in-person doctor visits through a combination of dedicated nurses, a special online community, and in-home monitoring. Boston Children’s Hospital — Innovation and Digital Health Accelerator (IDHA). Founded: 2015.

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Amidst The Retail Apocalypse, Target, Nike, & Adidas Are Using These Local Strategies To Bring Customers In The Door

CB Insights

Major retailers and brands go local. Target uses community research to effectively stock small stores. For example, a small-format store located in a neighborhood with many young families will stock more family-related and children’s items, while stores in culturally diverse communities may stock a wider variety of food options.

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