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Charlotte Russe Closing 95 Stores After Chapter 11 Filing

PYMNTS

Charlotte Russe, a retailer aimed toward young women’s fashion, has filed for Chapter 11 bankruptcy protection, according to reports. All of the retailer’s online operations and stores are currently operational. Lampert’s plan, however, is said to keep approximately 400 locations in operation. The bid for $5.2

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Perficient to Present at Fintech Generations 2021

Perficient

In the session “Differentiating Your Brand for the Digital Era,” Scott will discuss how financial services companies can leverage digital technologies in new and innovative ways to create new value for consumers and businesses. The presentation will occur on June 10 at 4:00 p.m.

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Perficient Names Five Area Vice Presidents, Expands Executive Leadership Team

Perficient

The expanded executive leadership team will drive continued growth and operational excellence across Perficient while delivering superior solutions for clients. “As ” Prakash Chembai, AVP of India global delivery operations. ” Glenn Kline, AVP of custom development and mobile solutions. Ostasz, AVP of U.S.

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Walmart’s Allswell Goes On Tour; Target To Expand Debut Of New Loyalty Program

PYMNTS

Startups in the eCommerce space have long enabled their customers to experience their products in real life (“IRL”) through temporary retail shops, and now, digitally-focused brands belonging to major retailers are taking a similar approach. The four-room house, which is a mere 238 square feet, was built for the brand by Modern Tiny Living.

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CoverHound Raises $58M For Expansion Of Insurance Platform

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CoverHound, the online property and casualty insurance platform operator, announced Tuesday (Feb. The company said that funding from the latest round will also go to expand its office locations beyond San Francisco and Westlake Village, California to Charlotte, North Caroline and internationally in Japan and elsewhere.

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BB&T And SunTrust To Merge

PYMNTS

The new combined entity will be based in Charlotte, N.C., The banks said that once the deal closes, the combined company will operate under a new name and brand that is still to be determined. The deal is an all-cash merger of equals and is expected to close in Q4 2019. King, taking the reins as the CEO of the two companies.

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New Fashion Startup Bets Its Future On Off-Price Luxury

PYMNTS

Fast fashion already claimed a victim this week as Lucky Brand filed for bankruptcy, and H&M announced it was shuttering 170 stores across the globe due to the pandemic-driven digital shift. “We non-licensed goods) by way of self-owned and operated channels),” says fashion trade magazine The Fashion Law.