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Neiman Marcus Emerges From Chapter 11

PYMNTS

“We emerge from Chapter 11 as a stronger, more innovative retailer, brand partner and employer.”. Bankruptcy Court for the Southern District of Texas, Houston Division. They see an opportunity to grow and support the retailer in issues of sustainability, van Raemdonck said. The plan was approved by the U.S.

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Bulletin: A Cheaper Way To Sell In-Store

PYMNTS

Bulletin — described as “WeWork for retail” — opened its second New York City retail space this week while also raising funds in anticipation of opening additional NYC locations as well as eventually branching out to other cities.

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Team USA Launches Omnichannel Strategy For Olympic Retail

PYMNTS

Through a pop-up store in New York City, consumers are able to browse and buy gear from official Olympic sponsors, such as Nike, Swatch and Oakley. Last year, it closed a $1 billion venture capital round , according to news reports from Reuters. 1 city for sales of Team USA gear,” Boyle said. The Economics.

Retail 118
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Rescuing The Restaurant Business From App Decline

PYMNTS

Currently exiting beta in New York City, Fahmy’s new company, DineVite, claims to put the discounts back where they belong — with the restaurant owners. It’s a new concept that means both parties win.”. [Few] would argue that these services make life easy for the consumer.

Miami 130
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Surviving The Retail Apocalypse: The Technologies And Trends That Can Help Brick-And-Mortar Thrive Again

CB Insights

Targeting new demographics: The US is becoming increasingly unequal: a growing number of Americans are falling into the lowest income bracket. Discount and budget retailers are capitalizing on this, targeting their stores toward consumers that are looking for a bargain.

Retail 59