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The Restaurant Group To Slash 125 UK Locations

PYMNTS

based The Restaurant Group , which serves up casual dining, reportedly plans to close 125 locations. According to the Financial Times , The Restaurant Group will use a “company voluntary arrangement” — which allows businesses to renegotiate debts with creditors. All told, the group could be left with 160 locations.

Groups 131
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Tracksmith: Taking DTC Running From Heartbreak Hill To The Global Market

PYMNTS

Boston is home to the world’s “statement race” — the Boston Marathon. you’d be hard-pressed to find a Chowdahead who doesn’t think Boston is the running capital of the world. you’d be hard-pressed to find a Chowdahead who doesn’t think Boston is the running capital of the world. Bostonians take their running seriously.

Boston 175
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Taking The Pain Out Of Group Outings

PYMNTS

Every group of friends has a social director, Fevo CEO Ari Daie told Karen Webster in this week’s Matchmakers conversation – that one person who organizes the cats and gets a group of otherwise passive adults organized for a game, concert or weekend trip. This person’s life, Daie noted, is full of friction. How It Works.

Groups 139
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Paytronix Offers Toast Eateries Online Ordering Integration

PYMNTS

Paytronix said its online ordering saves time by taking brand information directly from Toast’s POS system, including menus and hours. Brands can also add delivery partners, offer curbside pickup and no-contact delivery. Customers include California Pizza Kitchen, Panera Group and Peets Coffee.

Online 150
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Retail banks must simplify or die

Chris Skinner

This is Boston Consulting Group’s latest analysis of what’s happening in retail banking. I’m being lazy this week and just posting other people’s reports, but only because they’re really interesting.

Retail 150
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DraftKings To Merge With Other Companies, Go Public

PYMNTS

Online betting company DraftKings is merging with two other companies and going public, according to a report by the Boston Business Journal. Jason Robins, the co-founder and CEO of DraftKings, is going to run the new company, which will be incorporated in Nevada and keep its headquarters in Boston. DraftKings was founded in 2011.

Las Vegas 130
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DraftKings To Merge, IPO At A $3.3B Market Value

PYMNTS

Online betting company DraftKings is merging with two other companies and going public, according to a report by the Boston Business Journal. Jason Robins, the co-founder and CEO of DraftKings, is going to run the new company, which will be incorporated in Nevada and keep its headquarters in Boston. DraftKings was founded in 2011.

Las Vegas 130