PYMNTS

OCTOBER 10, 2018

BuzzFeed is planning to open a toy store in New York City later this fall. New York Post reported that the store, called “Camp,” will be located in an 11,000-square-foot space in Manhattan’s Flatiron District. Freeman, senior managing director at GlassRatner Advisory & Capital Group, recently said.

New York City 116

New York City New York social media Retail 116

PYMNTS

JUNE 26, 2020

Now trading on the New York Stock Exchange under the symbol ACI, the chain sold 50 million shares at $16 per share, bringing in $800 million – well below the 68 million shares and $1.5 billion fundraise once anticipated. billion fundraise once anticipated. Shares rose some 1 percent to $16.18 shortly before noon ET.

Idaho 224

Idaho New York Online Capital 224

PYMNTS

MARCH 21, 2019

New York Stock Exchange (NYSE) listing on the horizon, the denim company’s initial public offering (IPO) is said to be oversubscribed by greater than 10 times, per unnamed sources. Other uses of the funding are said to include working capital, capital expenditures and operating expenses.

New York 145

New York Capital America Strategy 145

PYMNTS

APRIL 11, 2019

Other investors that participated in the round include Allianz, General Catalyst, GV (formerly known as Google Ventures), OurCrowd, and Thrive Capital. The startup plans to use the proceeds from the capital raise to pick up the pace of expansion in the U.S. and Europe this year, and to evaluate possible new product lines.

Capital 108

Capital New York Big Data Branding 108

PYMNTS

OCTOBER 12, 2018

News this week surfaced that FAO Schwarz is planning to have a flagship store in New York City once again – this time at Rockefeller Center instead of the Fifth Avenue location where Tom Hanks tapped out “Chopsticks” on a dance-on piano in the 1988 movie “Big.”. percent stake in Starbucks.

Retail 116

Retail New York City San Francisco New York 116

PYMNTS

NOVEMBER 8, 2019

And it noted that the deliveries “mark another milestone in a recently announced collaboration between UPS and CVS to develop a variety of drone delivery use cases, including business-to-consumer operating models.”. A remote operator monitored them and could step in if needed.) The store’s famous eatery, Fred’s, will also stay open.

Retail 101

Retail New York North Carolina Virginia 101

PYMNTS

OCTOBER 18, 2019

To roll out operations in the United States as it grows its supply chain business that links apparel brands with suppliers as well as factories, Singapore-based fashion technology firm Zilingo is designing a $100 million push. manufacturers and brands on its platform, The Wall Street Journal reported.

Los Angeles 101

Los Angeles US United States Branding 101

PYMNTS

AUGUST 10, 2020

IAC , the New York-based global media and internet giant, is betting that an investment of $1 billion in MGM Resorts International will pay off in online gambling, according to a press release. IAC has always been opportunistic with its capital, and if ever there was a time, this moment is unique,” they wrote. “We

Online 146

Online New York Groups Report 146

PYMNTS

APRIL 13, 2017

A young logistics startup that gives eCommerce brands same-day delivery capabilities just scored a major chunk of venture funding. million in a seed funding round led by VC firm PivotNorth Capital. Brands without local inventory can use Darkstore’s storage space to ship same-day. Just recently, the company scored $1.4

San Francisco 100

San Francisco Los Angeles New York City Phoenix 100

PYMNTS

SEPTEMBER 18, 2019

The idea, as explained in a new PYMNTS interview with Adam Levene, founder of a retail technology company called Hero , is to plug the physical store, so to speak, into the larger digital and mobile worlds where consumers are increasingly operating. Some of that fresh capital, he said, is earmarked toward geographical expansion.

How To 176

How To New York City Retail Mobile 176

PYMNTS

APRIL 12, 2016

PacSun will transfer 65 percent of its debt into equity, and private equity group Golden Gate Capital has agreed to provide $20 million as a result of the firm taking extant PacSun operations private. The New York Times noted that the retailer lost $10 million in Q4 2015 alone, with a 2.6

Capital 100

Capital New York Retail Branding 100

PYMNTS

APRIL 22, 2019

One of the job postings is for an engineering manager of operations technology, noted the report. “We The company also has offices in New York, Nashville, Mexico City and Vancouver. Earlier in 2019, it raised $100 million in funding from investors including BlackRock, Glynn Capital, Tiger Global, and others.

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Seattle Nashville Washington New York 115

PYMNTS

MARCH 5, 2019

The company ceased operations in late January after laying off 30 percent of its workforce in May 2018. That came after it shut down service in Seattle, Los Angels, and New York. Munchery had said it was planning to focus on its largest market, San Francisco, in an effort to become profitable, but that never happened. “The

San Francisco 117

San Francisco Los Angeles Capital Seattle 117

PYMNTS

MARCH 10, 2017

For one, high-fashion accessory and handbag retailer Kate Spade & Company is reworking its branding strategies and reviewing strategic alternatives to increase shareholder value and improve its profit margins, as the company said in its Q4 earnings call.

Branding 101

Branding New York Maine Retail 101

PYMNTS

APRIL 13, 2016

Yet, in the scrappy tradition of so many great American brands, the company continues to find a way to hold things together. As The New York Times reported, Sears has secured a $500 million loan that it hopes to use to fund a transformation that includes a reduction in the number of company-owned stores it operates throughout the U.S.

New York 100

New York Branding Retail Capital 100

PYMNTS

AUGUST 1, 2019

small hotel rooms are the rule, not the exception, and even here in the states the idea has been floating around since 1989 when the Microtel brand began first offering its half-sized, half-priced hotel rooms in Rochester, New York. In many locations outside the U.S. Abdo’s firm, Abdo Development, built Washington, D.C.’s

Washington 109

Washington New York Millennials United States 109

PYMNTS

DECEMBER 14, 2017

In a press release , Kasisto said Oak HC/FT led the fundraising round, with participation from existing investors Propel Venture Partners, Two Sigma Ventures, Commerce Ventures, Mastercard and Partnership Fund for New York City. AI’s adoption in financial services has continued at a rapid pace.

New York City 113

New York City New York Capital Meeting 113

PYMNTS

FEBRUARY 28, 2017

J.Jill itself will not receive money from this sale, but it will be listed under the JILL ticker on the New York Stock Exchange. As the brand looks to connect socially online, it also desires to have an omnichannel focused plan moving forward. The retailer confirmed the shares, which are likely to raise $163.3 million to 186.7

New York 100

New York Retail Branding America 100

PYMNTS

APRIL 10, 2020

While they will lack the sheer financial clout of federal assistance, they are starting to offer strategies beyond capital infusions that will assist in restarting small business when the crisis passes. Our goals are to help businesses, brands and cities increase individuals’ peace of mind around sanitation, contact and visit frequency.”.

Maine 141

Maine Seattle San Francisco New York City 141

PYMNTS

JUNE 7, 2017

number one grocery delivery brand. Until now, the Alabama startup had not made any move to topple the reigning grocery delivery champs out of major coastal cities like New York and Los Angeles, but now that can finally change. David is taking on Goliath as Shipt, an online grocery delivery startup based in Birmingham, Ala.,

Alabama 100

Alabama Google Los Angeles Metro 100

PYMNTS

APRIL 6, 2020

Knowing that Nike and Amazon were in the process of breaking their sales agreement, we tried a third item: a copy of Thomas Piketty’s new book, “Capital and Ideology.” Some states, such as New Jersey and New York, have granted distribution centers “essential” status, so they can remain open.

Louisville 178

Louisville Portland New Jersey Oregon 178

PYMNTS

MAY 28, 2019

million buyers who operate in industries such as website development, logo design and blog writing. The company previously raised $111 million in venture funding from Accel, Bessemer Venture Partners, Square Peg Capital, Qumra Capital and others. Half of global online transactions are expected to take place in Asia this year.

Apple 159

Apple Mobile Fraud Branding 159

PYMNTS

JANUARY 30, 2020

30) from the Columbia Spectator , which covers news important to students at Columbia University and Barnard College in the global fashion capital of New York City. Even so, “Forever 21 bankruptcy signals a change in consumer tastes,” The New York Times declared.

Retail 142

Retail New York City New York social media 142

PYMNTS

JANUARY 10, 2020

million customers may have been exposed, as reported in The New York Times. In a bit of more recent news, Landry’s Inc. , the restaurant operator with brands such as Morton’s Steakhouse and Joe’s Crab Shack, has warned that customers who used credit cards at more than 60 of its locations may have been exposed.

United States 141

United States National Data New York 141

PYMNTS

DECEMBER 11, 2017

We have enough capital to take us to profitability.”. Moda Operandi does have enough capital: The eCommerce business grew by leaps and bounds in 2016; according to Nicodemus, the firm’s year-over-year sales growth has been “exponential,” as customers have flocked to its somewhat unique offering.

Branding 100

Branding Capital Retail User Experience 100

PYMNTS

DECEMBER 20, 2019

Tons of capital was raised and spent on new systems and processes. DoorDash and Grubhub also got deliveries — in the form of municipal lawsuits over tipping, billing and compensation practices common to MOA brands. “It was the best of times, it was the worst of times.”

Mobile 131

Mobile Fraud New York City Metro 131

PYMNTS

MARCH 9, 2020

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. The operative word is control. “I It’s a new concept that means both parties win.”. [Few] would argue that these services make life easy for the consumer.

Miami 130

Miami Los Angeles Austin South Carolina 130

PYMNTS

FEBRUARY 6, 2018

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. It will stay open through the end of the games on Feb. The Economics.

Retail 118

Retail Strategy New York City Los Angeles 118

PYMNTS

JUNE 23, 2016

The Orange County Register is reporting that Golden Gate Capital (GGC) will assume 100 percent control of the company pending approval, though, with in-store costs upwards of $140 million annually, GGC will clearly still be looking at restructuring. Store Closures. Uniqlo had closed five U.S.-based

New Jersey 101

New Jersey New York Connecticut Retail 101

PYMNTS

FEBRUARY 7, 2020

The loans themselves would reportedly be co-branded. John Cronin, an analyst at Goodbody’s, told the Financial Times that by using banking partnerships, Amazon could “significantly extend” its SMB lending platform, “without any associated credit risk of regulatory obligations (in the context of capital and liquidity and so forth).”.

Austin 131

Austin Lending Omaha New York City 131

PYMNTS

APRIL 24, 2017

While BJ’s doesn’t have quite the scale, scope or name recognition of its rivals Costco and Sam’s Club, among the wholesale shoppers of the northeastern United States, the brand maintains a fairly devout following. Some of the names floated so far in the context of the sale: Amazon, Walmart, KKR, Bain Capital, TPB and Blackstone.

Millennials 109

Millennials Cards New York Branding 109

CB Insights

SEPTEMBER 6, 2017

As internet retailers are expanding their operations into brick-and-mortar operations (think Warby Parker, Argent, Bonobos, and BaubleBar ), venture capitalists are also investing in “physical-first” startups focused on creating new brick-and-mortar business models. Select VC Investors: Otium Capital.

Maine 70

Maine Capital Rhode Island DC 70

PYMNTS

AUGUST 7, 2019

According to the report , the deal comes as Carro raised some $30 million in fresh capital. Carro, which operates in Singapore, Thailand and Indonesia, said more than $500 million worth of vehicles were sold last year on its platform, up from $250 million in 2017 and $120 million the year before.”. But the opportunities are real.

Online 112

Online Retail Trends New York 112

PYMNTS

JANUARY 23, 2019

The news that on-demand delivery startup Munchery has closed its doors — even after raising $125 million in venture capital funding — serves as reminder of how difficult it can be to gain a profitable foothold (much less a dominant position) in the on-demand food delivery space. The coffee chain said this week (Jan. Future Moves.

Los Angeles 180

Los Angeles San Francisco Analysis Seattle 180

PYMNTS

OCTOBER 7, 2016

“Recent reports have suggested that Kmart will cease its operations. ” It’s an interesting move for the once-iconic Kmart brand, especially since those stores have been pretty much circling the drain since Sears acquired them in 2004. “To According to USA Today , Don Pablo’s operated 120 locations in the U.S.

San Antonio 122

San Antonio Los Angeles Long Beach New York 122

PYMNTS

NOVEMBER 19, 2020

Under the terms of the deal, FreshDirect will keep its brand name, be supervised by a seven-member board and continue its independent operations in New York City. I’m not going to be a Pollyanna and say things are perfect,” Geoff Freeman, chief executive of the trade group Consumer Brands Association, told the Post.

District of Columbia 142

District of Columbia North Carolina Retail Online 142

PYMNTS

APRIL 13, 2019

Miller clarified that she has no problem with predicting the future for commercial purposes – she herself has been known to write horoscope-influenced gift guides for brands like Tory Burch – but she takes the work seriously and actually tries to focus her expertise into those commercial works, something she does not feel Amazon has done.

Millennials 136

Millennials Retail New York City Branding 136