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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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Competitors Prompt Amazon To Slash Prices (Again)

PYMNTS

largest eCommerce marketplace is that it can devalue merchants and entire brands by overly discounting their items. According to Recode , AmazonFresh customers in parts of New Jersey, Pennsylvania, Delaware, Maryland, California, New York, Connecticut, Massachusetts, and Virginia have received the notices.

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Bon-Ton Stores Will Close By August

PYMNTS

The news comes as Bon-Ton said in February that it voluntarily filed for Chapter 11 bankruptcy protection in Delaware and was exploring a sale, Fortune reported. Before that announcement, Bon-Ton had said it would shutter 40 of its 260 brick-and-mortar stores across its various brands.

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Mobile Payments Amnesia And CVS’ M-Pay Entrance

PYMNTS

With CVS’ Boston-based innovation lab working to push CVS in the direction of a cutting-edge health care company, there may be a lot more technology to come – and soon. CVS Pay is currently available in New York, New Jersey, Pennsylvania and Delaware, and will be nationwide later in 2016.

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11 New Restaurant Concepts Reimagining Fast Food & Casual Dining

CB Insights

New restaurant concepts are redefining how we think about food, pushing established brands to reinvent themselves, spurring entrepreneurs to be creative with visual platforms like Instagram and recipes like pea-based protein, and paving a new way forward for the idea of casual dining itself. Americans dine out more than ever before.