Remove Branding Remove Capital Remove Pennsylvania Remove Retail
article thumbnail

Fashion Retailer rue21 Strikes Deal To Retire Debt

PYMNTS

Fashion retailer rue21 (r21 Holdings, Inc.) The retailer modified its asset-based credit facility to bolster availability to $155 million due 2025 headed up by Bank of America, N.A. The retailer also opened three new physical retail shops, with another 15 in the works for 2021. million members.

Retail 141
article thumbnail

Deliverr Raises $7.1M In Venture Funding Led By 8VC

PYMNTS

According to reports citing the company, the Series A round of venture funding was led by 8VC, the venture capital company. Deliverr has ten warehouses in states including Texas, Missouri, Pennsylvania, Ohio, and New Jersey. Deliverr said it will use the funding to grow its team and ink more partnerships with more online retailers.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Target’s Rapid Reset

PYMNTS

Model and social media celebrity Chrissy Teigen is, in many ways, the perfect brand partner for Target, as evidenced by her recent review of her new kitchen and cookware lines. Unlike her competitor for the title of Generations X’s Martha Stewart, Gwyneth Paltrow, Teigen has built a brand around being accessibly aspirational.

article thumbnail

Shipping Inconsistencies Plague Nonessential eCommerce

PYMNTS

Nonessential retail is highly dependent – in some cases, completely dependent – on eCommerce during the COVID-19 crisis. 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.” Therein lies a serious problem.

article thumbnail

Chapter 11 Watch: Tough Times For Uniqlo, PacSun Gets Lucky

PYMNTS

Retail’s constant chase for growth means that some or even most will never reach their goals. What good news there is usually comes from the top-performing retailers of the day, which makes what PacSun has accomplished a downmarket rarity. Few are inevitably spared the fate in the long run. Store Closures.

article thumbnail

Bankers: Seven Questions to Determine If You Have a Strategic CFO?

Jeff For Banks

The CFO's role then is to make sure that capital is available at the right cost for these choices to be profitable, and that the company has processes and decision making rules for capital allocation to support that growth." At this writing, many bank balance sheets are flush with cash.

Capital 78
article thumbnail

Fools Rush In: 37 Of The Worst Corporate M&A Flops

CB Insights

For Google’s part, it kept releasing its own branded phones under the Nexus brand, partnering with Samsung, Asus, and LG to manufacture these devices, and further eroding the value of the Motorola acquisition. When you’re a powerhouse brand, it can be hard to see that the times are changing. Sears and Kmart.

Google 76