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Luxury Brand Barneys New York Seeks Bankruptcy Protection

PYMNTS

Struggling to compete with online brands, famed Big Apple luxury retailer Barneys New York has put itself up for sale and filed for bankruptcy protection, according to a report by Reuters. . It’s also dealing with a massive rent hike at its headquarters which sent it frantically searching for a buyer. .

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Retail Pulse: True Food Drives Menu Innovation, LVMH Agrees To Buy Tiffany & Co

PYMNTS

True Food Kitchen , in one case, has created its menu around recipes that Dr. Andrew Weil inspired with anti-inflammatory ingredients and is mulling raising new private capital, Bloomberg reported. And True Food is opening its first juice as well as cocktail bar next year in Las Vegas to be known as True Bar.

Retail 101
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Wild Cards? Gambling, Payroll, Other Models Provide Fresh Fuel For Prepaid

PYMNTS

The real trick is to tie engaging consumer experiences to those cards, which is critical, as prepaid and reloadable cards continue to evolve — moving from plastic cards to mobile accounts that can adapt to an expanding portfolio of use cases, including payroll, online gambling or even consumer and business lending. Step back a bit first.

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Booking.com, Resort Fee Commissions And The Platform Power Struggle

PYMNTS

According to recent reports in Skift , for example, some Las Vegas destinations, particularly on the strip, customers will often end up paying daily resort fees that are higher than the base price for the room itself. But can those brands really afford to do that?

Las Vegas 110
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Uber of X: greenRush is The Uber of Cannabis

PYMNTS

One company that’s looking to capitalize on the cannabis market is startup on-demand delivery company greenRush. One of their biggest ventures was an online platform aggregating New Years Eve parties across the globe. We are the “Amazon” of Cannabis, the largest online marketplace in the world.

Las Vegas 140
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10 Big and Small Ideas From Gartner and Money 20/20 – Recap

South State Correspondent

Our teams just returned from back-to-back weeks at the Gartner Symposium in Orlando and Money 20/20 in Las Vegas. Almost every bank and brand we spoke with will increase their investment in these two areas for 2023. Big Idea – Blurred Lines Between Online and Offline. Big Idea – Trends. No one was buying it.

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Facebook’s Sizzly, Fizzly Week

PYMNTS

The new shops will feature 100 popular small businesses and digital brands on Facebook and Instagram into retail stores, and will be housed in The Market @ Macy’s. The Market @ Macy’s helps both emerging and established brands reach new audiences by showcasing them in a physical space inside Macy’s.

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