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Rinse Clothing Service Raises $14M To Expand To Boston, Chicago And Beyond

PYMNTS

Rinse has a solution for both, and thanks to a $14 million Series B funding round led by Partech, it’s taking that solution to two new cities: Boston and Chicago. Our goal is to be the first and largest national brand in clothing care and become a household name,” said Prakash. “Our We view ourselves serving the entire country.

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Target’s Got A Secret (Its Codename Is Goldfish)

PYMNTS

Secrecy is a funny thing for brands. It keeps consumers interested, because a consumer that is always guessing about the next product release is, by necessity, always thinking about the brand. Stringfellow was promoted to the permanent position of VP of internal innovation and operations. It is a delicate balance, of course.

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Hy-Vee’s First Wahlburgers Restaurant Opens In Minnesota

PYMNTS

Hy-Vee amps up its partnership with the Wahlberg brothers by opening its first Wahlburgers restaurant at the Mall of America in Minnesota. The partnership with Hy-Vee will add new stores, while also listing Wahlburgers-branded items on Hy-Vee’s in-store restaurant menu. But I promised him I’d consider it,” Edeker told the newspaper.

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Here Are 35 Casualties Of The Retail Apocalypse And Why They Failed

CB Insights

Formerly beloved brands such as Aeropostale, American Apparel, and PacSun bit the dust in 2016, and the pace of retail deaths has accelerated since then. Additionally, many of these physical retailers have lost the cache they once had as new direct-to-consumer brands with a hyper-focus on specific products have taken off.

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