Block shutters some European operations
Payments Dive
AUGUST 4, 2023
The company is pulling the plug on Cash App’s Verse brand in the European Union and buy now, pay later operations in Spain, France and Italy.
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Payments Dive
AUGUST 4, 2023
The company is pulling the plug on Cash App’s Verse brand in the European Union and buy now, pay later operations in Spain, France and Italy.
Perficient
FEBRUARY 24, 2021
In a world where retail has changed and consumers remain at home, how do brands reimagine the task of getting products to customers? podcast , we interview Jon Bostock, best-selling author, innovator, co-founder and CEO of Truman’s and learn how brands that innovate will win in a rapidly changing digital-first economy.
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PYMNTS
NOVEMBER 1, 2020
Inspire Brands will acquire Dunkin' Brands , the parent of Dunkin' and Baskin-Robbins , for $11.3 billion and assumption of debt, the companies announced Friday (Oct. The release stated that the boards of both companies have approved the deal. The release stated that the boards of both companies have approved the deal.
PYMNTS
JUNE 15, 2020
Men’s Wearhouse owner Tailored Brands might be the next significant retail company in the United States to make a bankruptcy filing as the COVID-19 crisis unfolds. Bank — included the potential for bankruptcy, or even the closing of operations, in a recent filing, CNN reported. Tailored Brands has approximately 1,400 U.S.
PYMNTS
DECEMBER 14, 2020
Authentic Brands is said to be in talks with Debenhams and Arcadia Group administrators, with unnamed sources claiming that the retail company is mulling a bid for the Sir Philip Green retail empire and the retailer, Retail Gazette reported. Arcadia Group is the owner of Evans, Dorothy Perkins, Burton, Topshop and others.
PYMNTS
JULY 28, 2020
Chief Operating Officer Ro Bhatia told PYMNTS in a recent conversation. We’ve talked to a lot of enterprise companies and popular names and also companies that no one has ever heard of that are all wanting to offer direct selling,” Bhatia said. Going DTC Without Creating Conflict . Bhatia noted that when sticky.io
PYMNTS
SEPTEMBER 26, 2018
Inspire Brands announced that it will acquire Sonic for approximately $2.3 He continued,“As one of the largest owner-operators of company-owned and franchised restaurant brands, Inspire appreciates the unique culture of collaboration between Sonic and our franchisees. per share).
PYMNTS
JULY 6, 2020
Lucky Brand has started proceedings under Chapter 11 to help pave the way for a sale and decrease its debt load brought about by recent difficulties with the inclusion of the pandemic. Kaness said, “We have made many difficult decisions to preserve the Company’s viability during these unprecedented times.
South State Correspondent
MARCH 23, 2022
If your bank struggles to create a clear value proposition and brand differentiation, then we have a case study for you. Brand Differentiation Step 1: Build an Employee-Centric Culture. From its start, Nubank has had the audacious goal to become the most influential financial services company in the World.
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.
PYMNTS
SEPTEMBER 3, 2019
Capital Park Holdings has formed Prestige Value Brands, and has used it to acquire Joy Hand Dish Retail Brands from Procter & Gamble, according to a release by the company. These brands include Joy Hand Dish and Cream Suds. It also said it wants to give customers innovative solutions with its products.
PYMNTS
MARCH 26, 2020
For retailers, especially those deemed non-essential and struggling with revenue, branding may be on the back burner right now. Big mistake, say several branding experts. And who you were was your brand. “A Your brand attributes are the ones you fall back on when you have to make difficult decisions. “A
PYMNTS
MARCH 19, 2020
Brands, which also claims Taco Bell, Pizza Hut, Kentucky Fried Chicken and other luminaries of American fast food under its belt, according to a release. has counted a fast-casual brand among its arsenal of eateries. has counted a fast-casual brand among its arsenal of eateries. The Habit Restaurants is now owned by Yum!
PYMNTS
JULY 30, 2020
Brands, Inc. Gibbs said the company rolled out its contactless initiative for Pizza Hut during the quarter by adding more pickup and payment options for customers. The brand has served nearly 20 million contactless digital orders as of March 2020. “We’ve For Taco Bell U.S., On the downside, Yum! billion in revenue.
PYMNTS
NOVEMBER 4, 2020
Like so many verticals that have adapted to survive the COVID-19 era, the restaurant industry is seeing the acceleration of trends that were already in place, Dave Boennighausen , CEO of fast-casual chain Noodles & Company told Karen Webster in a recent conversation. I think our brand is well-positioned for off-premise,” he said. “We
PYMNTS
JUNE 18, 2020
Designer Brands Inc. The company operates almost 1,000 retail stores under names like DSW Designer Shoe Warehouse and The Shoe Company. The company’s net loss for the first quarter was $215.9 The brand said it had opened 303 retail stores as of June 3 while following the newest state and federal guidelines.
PYMNTS
APRIL 6, 2020
Brands Inc. , The policy relates to the just under 50 stores owned by the company in the most industrialized nation in Africa, while the other restaurants on the continent are franchisee-operated Bloomberg reported. Restaurant Brands will send $70 million in cash advances, as well as rebates, to franchisees.
PYMNTS
JULY 20, 2018
It’s notoriously difficult to find the right recipe for a meal kit business, and meal kit provider Chef’d has struggled: The startup, which was valued at about $160 million last year, reportedly burned through its cash from venture capitalists and food companies.
PYMNTS
MARCH 17, 2020
is shuttering its brick-and-mortar retail locations for two weeks in the United States and Canada, with the inclusion of Nordstrom Rack stores, to restrict the proliferation of the coronavirus, the company said in an announcement. The company will still serve customers via its websites and apps. L Brands, Inc. , L Brands Inc.
PYMNTS
JANUARY 28, 2019
Amazon wants to get more exclusive — and it wants other companies to help with that effort by developing product lines meant to be sold only via the eCommerce operator. That move comes as Amazon has had trouble wooing some direct-to-consumer brands. Brand Resistance.
Perficient
DECEMBER 30, 2020
Other companies who were late to creating digital customer experiences suffered as people stayed away from traditional stores and shopped online. But even the best companies struggled to keep customer satisfaction levels high during 2020. What about companies that had both strong internet and store channels?
PYMNTS
APRIL 30, 2020
As it worked to provide its customers with off-premise options amid the coronavirus pandemic, Dunkin’ Brands reported that about 90 percent of Dunkin’ U.S. The company reported that Dunkin’ U.S. And, with the daily morning routines of diners interrupted, Hoffmann noted that the brand is experiencing a shift in sales through dayparts.
PYMNTS
DECEMBER 28, 2020
Direct-to-consumer (D2C) brands came in two flavors during 2020. The second flavor were the brands that had seen traction before the pandemic and flourished during it with innovative marketing, fresh business models and cool packaging. When those markets sparked a fan base and reorders, the company was born.
PYMNTS
JANUARY 3, 2021
The Journal said the cash and stock offer for the company, which is valued at about $9 billion, follows a $10 billion cash-only offer that Lanbrokes rejected. Online gaming already was a growing threat to MGM and other brick-and-mortar casino operators before COVID-19 forced the closing of gambling halls.
PYMNTS
JANUARY 26, 2020
Among the fastest-growing hotel brands, Life House has over 800 beds and 25 hotels that are expected to be operational by early next year. . According to the company, its platform is producing revenue increases topping 40 percent while lowering expenses for operations 45 percent.
BankBazaar
APRIL 13, 2022
BankBazaar Turns Profitable With New Co-Brand Strategy; Exits FY22 With Rs.156 National, April 07, 2022: BankBazaar.com , India’s largest fintech co-branded credit card issuer and online platform for free credit score, reported that it is profitable in March 2022. Success of Co-brand Model. 156 Cr Annualized Revenue Run Rate.
PYMNTS
OCTOBER 28, 2020
However, Roberts noted that the Chili's brand “continues to exceed expectations from both a relative and an absolute perspective.”. In terms of the company’s It’s Just Wings virtual brand, which the company unveiled in June, Roberts noted that the company is committed to the brand for the long term.
PYMNTS
FEBRUARY 6, 2020
Brands reported that worldwide system sales excluding foreign currency translation increased 10 percent, with Taco Bell at 13 percent, KFC at 11 percent and Pizza Hut at 7 percent. The company opened 1,029 net units for 4 percent net unit growth, as reported in its fourth-quarter results. Pizza Hut U.S., Pizza Hut U.S.
PYMNTS
JUNE 22, 2020
How Customer Reviews Provide Lifeblood To Restaurant Operations. That focus has only grown amid the takeout- and delivery-only operational shifts due to COVID-19-related social-distancing efforts. Timely responses are easier for some companies than others, however. The Value In Quick Responses .
PYMNTS
MAY 18, 2018
Overstock has unveiled 17 exclusive private label furniture brands, featuring more than 16,000 furniture and home décor products. The company then partnered with its leading home décor suppliers to bring these exclusive pieces to life.
PYMNTS
AUGUST 30, 2018
Brands might want a space to test new concepts with shoppers in brick-and-mortar retail environments, but they don’t always want the time and expense involved in building out a permanent store. It also comes with a bit of staffing twist, as Macy’s own team members will service the brands per a February The Market@Macys report.
PYMNTS
MAY 28, 2019
To reportedly build a licensing empire with the Sports Illustrated name, Authentic Brands Group LLC has agreed to buy the storied magazine from Meredith Corp. Authentic Brands Founder and Chief Executive Jamie Salter said, according to the newspaper, “Sports Illustrated has authority and the respect of athletes all over the world.”
PYMNTS
JULY 28, 2020
While eBay’s second quarter results were stellar, the event was more notable for the unveiling of new CEO Jamie Iannone ’s vision for the company. By the numbers, the pandemic-driven digital shift has been good for the company, as revenue for the quarter was $2.9 The company’s new managed-payments platform has processed $4.7
PYMNTS
MAY 12, 2020
told Karen Webster that retailers and other firms are going to need to consider “cleanliness as a brand value.”. The company said late last month it had raised $36 million in Series D funding, led by returning investor SoftBank Vision Fund I and a series of new investors, such as ClearBridge Investments and Satwick Ventures.
PYMNTS
JUNE 6, 2019
Snap , the maker of the disappearing messaging app Snapchat, is rolling out new tools to enable select accounts to operate a store within Snapchat. DigiDay , citing a Snap spokesperson, reported that Snapchat users will be able to access the Shopify-powered stores by visiting the account page of a brand.
PYMNTS
FEBRUARY 26, 2019
Major retailers are pitching premium baby care products at a less-than-premium price tag with the help of exclusive brands: Walmart is offering Hello Bello exclusively at its stores and its website (and that of the brand). It is also reportedly the inaugural brand rolled out under a platform called Launched.LA.,
PYMNTS
SEPTEMBER 16, 2020
But that national network of body-sculpting palaces is in disarray today, with major chains including Gold’s Gym and 24-Hour Fitness filing for Chapter 11 relief due to the coronavirus pandemic, along with a slew of other operators from privately owned yoga studios to fitness centers. Healthy Financials For Connected Fitness .
PYMNTS
SEPTEMBER 15, 2020
Five times we went to a particular bank during COVID, and five times they had the debit card attached to the wrong company.”. The world needs a FinTech operating system.”. “The The world needs a FinTech operating system.”. The world doesn’t need another bank,” Poovala told Webster. Widening Debit’s Acceptance.
PYMNTS
DECEMBER 26, 2019
Chinese technology company Tencent has announced it’s going to start researching cryptocurrency and its implications for an ongoing project in blockchain, according to reports. The purpose is to introduce a brand new program for users that’s geared toward the diamond industry.
PYMNTS
NOVEMBER 1, 2019
For instance, Dine Brands , the parent company of Applebee’s Neighborhood Grill + Bar and IHOP restaurants, is teaming with Postmates to offer delivery from thousands of locations, according to an announcement. Dine Brands is not the only restaurant company to team with Postmates. restaurants.
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. Kirwan had been in charge of the Gap brand since December 2014. s head of Global Talent and Sustainability, will oversee the brand until a permanent replacement is found.
PYMNTS
JANUARY 9, 2020
Also, Grubhub considers a potential sale or an acquisition by another company. Amex Cleared To Operate In China. The central bank in China said it accepted an American Express application to start working in the country but did not say when Amex would begin operations. California Gig Decree Prompts Uber To Halt Upfront Pricing.
PYMNTS
JULY 31, 2019
As it continues to build its eCommerce business and invest in companies through its SnackFutures unit, Mondel?z The company also “continued to make good progress” against driving accelerating consumer-centric growth, among other strategies, per the firm. He also noted that the company is growing fast. z International, Inc.
PYMNTS
SEPTEMBER 20, 2019
A cannabis consumer goods and marketing holding company led by PRØHBTD CEO and Founder Drake Sutton-Shearer has launched with $25 million in funding, according to a Sept. and music-driven flower brand Heavy Grass. and music-driven flower brand Heavy Grass. 20 press release.
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