PYMNTS

MARCH 9, 2018

operations, currently in bankruptcy, according to recent Bloomberg reports. The plans come as the company has yet — and the emphasis may be on “yet” — to find a buyer for those operations or finalize its debt restructuring plans. As has been widely reported, the U.S. Toys R Us managed to garner a $3.1

US 107

US Operations Training Strategy 107

PYMNTS

JANUARY 12, 2021

As reported , Walmart is working with Ribbit Capital to create an as-yet unnamed FinTech that would, the companies said on Monday (Jan. As reported late last year , a U.S. House committee began reviewing the idea of allowing non-bank companies — Amazon and Facebook among them — to receive charters to operate as banks.

Capital 155

Capital Fintech Retail Tools 155

PYMNTS

JUNE 8, 2018

After news surfaced in May that Golden Gate Capital was considering a merger of Eddie Bauer and Pacific Sunwear of California , the private equity firm has created a new operating company comprised of the two retailers. Both brands have made great progress in the past 24 months and have generated strong performance.

Operations 100

Operations Company California Branding 100

PYMNTS

FEBRUARY 21, 2018

Gap Brand announced that its CEO Jeff Kirwan was leaving the company, just as the retailer gets ready to reveal its fourth-quarter results. While I am pleased with our progress in brand health and product quality, we have not achieved the operational excellence and accelerated profit growth that we know is possible at Gap brand,” Gap Inc.’s

Branding 100

Branding Comparison Retail Operations 100

PYMNTS

OCTOBER 24, 2019

Capital One ’s domestic card business provided strong results and continued to pick up momentum, the bank said on Thursday (October 24). The bank also reported that non-interest expenses increased 2 percent to $3.9 Capital One said Q3 revenue decreased 2 percent year over year to $7 billion. billion, an increase of $1.7

Capital 101

Capital Cards Conference Customer Experience 101

PYMNTS

JANUARY 18, 2021

Sequoia Capital has agreed to invest around 6 billion euros in Auto1 Group before the online car trading platform's initial public offering (IPO), Bloomberg reported Monday (Sept. fund Lone Pine Capital reached a preliminary deal to buy around 50 million euros of Auto1 stock from DN Capital , an early investor.

Capital 234

Capital Groups Branding Online 234

PYMNTS

DECEMBER 10, 2020

has received the green light to sell the Lou & Grey, Loft, Lane Bryant and Ann Taylor labels to Sycamore Partners in a deal valued at approximately $1 billion that might close by next week, The Wall Street Journal reported. Ascena ran 1,500 stores across the United States toward the end of August.

Branding 159

Branding United States Virginia Retail 159

PYMNTS

AUGUST 6, 2019

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. . However, the company hasn’t been immune from the same market conditions that sent Sears and Kmart into bankruptcy.

New York 108

New York Branding Las Vegas Seattle 108

PYMNTS

SEPTEMBER 22, 2020

Mirakl , the cloud-based eCommerce software company headquartered in Paris, has raised $300 million in its latest funding round, Bloomberg News reported. Alexandre Margoline , a partner at Permira, said in a statement that Mirakl can become the central hub and platform for digital marketplace operators, sellers and partners. .

Software 220

Software Retail Capital Branding 220

PYMNTS

NOVEMBER 1, 2020

Executives at MCI Capital , the biggest publicly traded private equity firm in Poland, are optimistic that a recent record-breaking initial public offering (IPO) in the eCommerce space bodes well for the industry, Bloomberg reported. Online retailer Allegro.eu Eyeing the success of that transaction for the owners who took Allegro.eu

ATM 243

ATM Leadership Capital Online 243

PYMNTS

MAY 4, 2017

Brands (YUM) beat out earnings and revenue estimates for Q1, though numbers were still down year-on-year. The fast food company — which holds international chains Taco Bell, KFC and Pizza Hut — reported earnings per share at $0.65, up 17 percent YoY and above the average analyst estimate of $0.60. percent to $67.78 percent to $67.78

Branding 100

Branding Strategy Operations Marketing 100

PYMNTS

AUGUST 27, 2018

Brands as it labors to keep not one, but three chains up, running and avidly competing. Pizza Hut, Taco Bell and KFC are all large operations in their own right, and they’re all facing the stiff headwinds that are blowing throughout the fast food segment. struggling to update its brands and get them back into competitive shape.

Branding 105

Branding System Operations Capital 105

PYMNTS

NOVEMBER 21, 2019

“Ubisoft’s rich portfolio of world-renowned brands — including Assassin’s Creed, Just Dance and Far Cry — is a testament to their dedication to creating quality content for all, and their years-long dedication to exploring blockchain technology ensures they have the knowledge and skills to be excellent block producers.”.

Bitcoin 130

Bitcoin blockchain Report Payments 130

PYMNTS

DECEMBER 6, 2020

Online payments firm Paysafe is nearing a deal with billionaire Bill Foley for a special purpose acquisition company (SPAC) merger, according to a Bloomberg report, intending for Paysafe to go public. billion, Bloomberg reported. but that is not involved in the deal with Paysafe, Bloomberg reported. II SPAC raised $1.47

Capital 226

Capital Cards Online Report 226

PYMNTS

NOVEMBER 23, 2020

It’s a plan the company describes as “transforming well-known, distressed retail brands into eCommerce success stories.” REV Executive Chairman Tai Lopez stressed RadioShack ’s sales potential as a well-known global brand. Snapping up Fallen Retail Brands. Re-Inventing for Online.

Branding 254

Branding Retail New Jersey Miami 254

PYMNTS

DECEMBER 18, 2020

FedEx reported on Friday (Dec. domestic residential package services, in addition to pricing initiatives throughout all transportation segments, fueled increased operating results. For Q2 fiscal 2021, FedEx reported $4.83 billion in adjusted revenue reported for Q2 fiscal 2020. in diluted earnings per share (EPS) on $20.6

US 262

US Illinois Operations Report 262

PYMNTS

NOVEMBER 12, 2020

The banking group has started reaching out to possible bidders, but still hasn’t made a definitive decision as to whether it will actually sell the unit, which specializes in store-branded credit cards, according to a Bloomberg report. A recent Nilson report estimated Wells Fargo’s share of private-label card spending at 5.75

Cards 285

Cards Conference Groups Report 285

PYMNTS

DECEMBER 29, 2020

billion aggregate base purchase price, which is “subject to customary adjustments for cash, indebtedness, working capital and transaction expenses.” The international streetwear brand has become a VF Corporation wholly-owned subsidiary with the deal, according to an announcement. In October, VF Corporation reported $256.7

Colorado 194

Colorado Branding Capital Retail 194

PYMNTS

NOVEMBER 16, 2020

Germany's Razor Group , which works to acquire and scale Amazon brands, has raised 25 million euros (about $26.7 million) in a new funding round, according to a report from eCommerce News. The new round, the report stated, comes with equity financing and a credit line, with 10 million euros (about $11.9

Groups 235

Groups Report Marketing Capital 235

PYMNTS

OCTOBER 6, 2020

“This longer-term extension is a testament to our strong alignment on customer-centric strategies as well as continued preference for the MoneyGram brand at the point of sale,” said Alex Holmes , MoneyGram’s chairman and CEO, in a statement. Overall, MoneyGram reported 1 cent in diluted adjusted earnings per share on $279.8

Puerto Rico 282

Puerto Rico Texas Online Report 282

PYMNTS

APRIL 14, 2020

Premium jeans brand True Religion has filed for bankruptcy for the second time in three years, according to court filings. True Religion was acquired for $824 million in 2013 by London-based capital investment firm TowerBrook Investment Partners, and ended up filing for bankruptcy in 2017.

Delaware 160

Delaware Branding Retail Trends 160

PYMNTS

AUGUST 14, 2020

lenders due to a clerical error and wants its money back, Bloomberg News reported. Citi executives asked for the money back, saying it was paid inadvertently due to an operational error, sources said. Citigroup reported a 68 percent jump in fixed-income trading revenues for Q2, which beat analyst estimates for earnings and revenue.

Exercises 271

Exercises New York Branding Strategy 271

PYMNTS

DECEMBER 20, 2019

Investors at Malachi led the seed round, while Revolution’s Rise of the Rest Seed Fund, DeepWork Capital, LAUNCH Syndicate and others also participated. Sleek offers a B2B service that enables startups and young businesses to incorporate and operate, targeting firms in Singapore and Hong Kong. million, CrowdfundInsider reported.

Management 131

Management Fintech Capital Operations 131

PYMNTS

JUNE 8, 2020

BinDawood Holding is planning to offer an initial public offering (IPO) of its supermarket division by the end of July, in what would be the first Middle Eastern share sale since the COVID-19 pandemic, Bloomberg News reported. Founded in 1984, BinDawood operates 73 stores across Saudi Arabia with 10,000 employees. Moelis & Co.

Massachusetts 130

Massachusetts Capital Retail Operations 130

PYMNTS

JANUARY 14, 2021

The round was led by M13 Ventures with participation from Torch Capital , Inspired Capital and Rogue Capital alongside seasoned operators and angel investors Michael Vaughan , Stephen Sikes , Josh Stech and Eric Kinariwala.

Technology 168

Technology Capital Branding Innovation 168

PYMNTS

JULY 10, 2020

Quick-service restaurants (QSRs) and others in the food service space are rapidly adjusting their operations during the pandemic, with many implementing new technologies online and in-store to ensure customers can seamlessly and safely place orders. For more on these stories and other headlines, visit the Tracker’s News & Trends.

Mobile 162

Mobile social media Report Fraud 162

PYMNTS

SEPTEMBER 8, 2020

Virtual Kitchen , a startup founded by ex- Uber employees, has raised $20 million in fresh capital in a bid to capitalize on the need for food delivery amid the pandemic, according to CNBC. million round led by Andreessen Horowitz and Base10 Partners, CNBC reported. billion by 2026, CNBC reported. Yi said.

Capital 163

Capital Report Data Branding 163

PYMNTS

AUGUST 28, 2017

Klarna, as Reuters reported, traces its genesis back 12 years, and has been backed by a number of investors, including Sequoia Capital. The company’s operations extend across 18 countries. Sales were up 21 percent. . The latest valuation was at the end of 2015, when that number came in at $2.5

Report 115

Report Operations Capital Branding 115

PYMNTS

FEBRUARY 27, 2020

In an effort to boost revenue after disappointing Q4 earnings, Office Depot is turning its attention to business-to-business (B2B) and eCommerce, according to reports. The company reported that total net sales were down year over year by 6 percent for the quarter, and 3 percent for the full year ending Dec.

Capital 151

Capital Retail Conference Technology 151

PYMNTS

JULY 23, 2020

Ascena Interim Executive Chair Carrie Teffner said in the statement, “The RSA formalizes our lenders’ overwhelming support for a comprehensive plan to deleverage our balance sheet, right-size our operations and inject new capital into the business.”.

Virginia 140

Virginia United States Retail Operations 140

PYMNTS

SEPTEMBER 4, 2019

The company, which operates its own eCommerce marketplace, has built its own supply chain, according to reports, and has recently expanded into the Mumbai and Pune regions, with perishables delivered the same day. The startup also began operations in UAE recently. The new capital will help expand into new geographies.

ATM 170

ATM Regional Capital Branding 170

PYMNTS

JUNE 15, 2020

Many non-PPE manufacturers have stepped in to help address the shortage, with major automobile producers, backpack manufacturers and even individuals with 3D printers shifting their operations to produce face masks, nasal swabs and other items. Read more about these stories and other headlines in the report. About The Report.

United States 161

United States Report Operations Examples 161

PYMNTS

NOVEMBER 11, 2020

LinkAja, an Indonesian FinTech, closed a Grab-led Series B funding round that had participation from Mandiri Capital Indonesia, BRI Ventura Investama and Telkomsel. Target Global headed up the round, while SBI Investment and Entrée Capital also participated alongside many other investors.

Mobile 182

Mobile Payments Capital Fintech 182

PYMNTS

NOVEMBER 26, 2020

With regulators cracking down in China, FinTech leaders are scrambling for capital and trying to plan their futures, Bloomberg reported Wednesday (Nov. And those lending in multiple provinces would have to have 5 billion yuan in registered capital at a minimum.

Industry 152

Industry DC Regulation Washington 152

PYMNTS

OCTOBER 6, 2020

DBS Group and Standard Chartered are launching a digital trade finance registry along with 12 other Singapore banks, Reuters reports, with the idea being to help reduce the risk of fraud. Experts say the gap results from efforts at digitization not always being compatible with the vast and complex nature of trade finance, PYMNTS reports.

social media 160

social media Groups Fraud Operations 160

PYMNTS

NOVEMBER 12, 2020

banking-as-a-service (BaaS) Startup Railsbank closed a $37 million funding deal co-led by MiddleGame Ventures and Ventura Capital. The consensus: the brands ready to flex with the ebbs and flows of changing consumer preferences are the ones that will survive. UK BaaS Railsbank Closes $37M Funding Deal To Support Growth.

Google 193

Google Payments Regulation Branding 193

PYMNTS

MARCH 10, 2020

Amrish Rau, the PayU founder and Pine Labs CEO, and Kunal Shah, Cred founder, are among the investors, VCCircle reported. Hsieh said per reports, “Our vision is to empower all startups to achieve more through a Karbon Card.”. Amit Jangir and Pei-fu Hsieh started Karbon Card last year. The firm offers an alternative to corporate cards.

Cards 143

Cards Report Operations Tools 143