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J.Crew Joins The Pandemic Bankruptcy Perp Walk

PYMNTS

The great retail re-opening is now being called the “great resettling” by many observers and J.Crew is its latest victim. According to several sources the preppy retail chain has been negotiating with its lenders since it canceled plans to take its Madewell subsidiary public. A filing could come as soon as this weekend.

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Tuesday Morning Seeks Chapter 11 Bankruptcy Protection

PYMNTS

The retailer said it filed voluntary petitions in the United States Bankruptcy Court for the Northern District of Texas – Dallas Division to pursue the reorganization. Tuesday Morning foresees shuttering roughly 230 of 687 retail locations, with the store closure process set to occur during the summer.

Texas 130
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Kroger And ALDI Jump On Instacart

PYMNTS

In 2014, Amazon ’s Whole Foods became Instacart’s first national partner. But, following Amazon’s acquisition of Whole Foods, Amazon started offering its own two-hour delivery from stores in Austin, Cincinnati, Dallas and Virginia Beach in February. In March , it rolled out the service to Atlanta and San Francisco.

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Uber’s Loyalty Play Links Merchant Deals To Free Rides

PYMNTS

Uber has shown that it’s far from shy about putting its brand alongside other ventures, and it’s recently demonstrated propensity for non-automotive transport is an indication that innovators there don’t lack the spine to take some risks when necessary. We’re excited to partner with Visa on this initiative.”.

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Car Vending Machine Company Carvana Goes Up Against Wall Street

PYMNTS

billion, on an 82 percent increase in retail sales. That is the most organic growth of any automotive retailer ever in the U.S. According to Carvana Chief Brand Officer Ryan Keeton, opening new markets brings an uptick in overall business. “We Apparently that will get you in trouble on the Street. New Markets. Ontario (L.A.),

Company 130
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New Formats Deliver For Food Ordering

PYMNTS

While drive-thrus can be a source of retail innovation , traditional operations aren’t what they used to be. The study also found Dunkin’ had the fastest drive-thrus, with an average of 217 seconds, which is likely due to Dunkin’s simpler orders compared to other brands. and Canada, allying itself with other brands and services.

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Amazon Or Walmart? Who Won 2019’s Race For The Consumer’s Whole Paycheck

PYMNTS

A little more than a year ago, PYMNTS started tracking the race for the consumer’s whole paycheck between the two retail behemoths that have been expanding their respective ecosystems in the process: Amazon and Walmart. percent of consumer retail spending in the U.S., percent of consumer retail spending in the U.S., population.

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