article thumbnail

Project Verte Launches Blockchain Marketplace For DTC Brands

PYMNTS

Project Verte has launched the MyVerte blockchain -based marketplace for direct-to-consumer brands. According to a press release , MyVerte will launch with over 100 brands, including new brands like Foreo, Temporary Forevers and La Luna Rose. The platform will also highlight new brands on a weekly basis.

Branding 115
article thumbnail

Brinker Sets Long-Term Focus For Virtual Brand, Reconsiders Marketing Amid Pandemic

PYMNTS

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. The company reported $82.8

Branding 100
Insiders

Sign Up for our Newsletter

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

article thumbnail

Report: Amazon Slows Alexa Staff Hiring To Improve Margin

PYMNTS

The six targeted cities include New York, Phoenix, San Diego, Detroit, Dallas and Denver and will be a part of an investment in excess of $1.4 The project seeks to get rid of counterfeit items via proprietary technology along with brand cooperation and machine learning.

Report 168
article thumbnail

Email Scam Victim Sues Bank Claiming Lack Of Fraud Protection

PYMNTS

In one major example in 2018, Frank Krasovec, the chairman of Dash Brands, owner of Domino’s Pizza franchises in China, lost $450,000 when a fraudster intercepted his email. Krasovec is now suing the Dallas, Texas bank, maintaining that PlainsCapital didn’t have anti-fraud protocols in place. Close to $1.8 billion in 2018.

Fraud 175
article thumbnail

Circuit City Still Eyeing Comeback, But Wants To Take Its Time To Get Things Right

PYMNTS

There was plenty of excitement in the retail sector after TWICE broke the news in January that an outside investor had acquired the iconic Circuit City brand, with plans to revive the business and open anywhere from 5,000 to 10,000 new locations over the next five years. And then, nothing.

article thumbnail

Retail Pulse: 7-Eleven Tests Cashierless Tech; Staples Debuts Connect Store Concept

PYMNTS

7-Eleven President and CEO Joe DePinto said in an announcement , “Retail technology is evolving at a rapid pace, and customer expectations are driving the evolution. Introducing new store technology to 7-Eleven employees first has proven to be a very productive way to test and learn before launching to a wider audience.”.

Retail 143
article thumbnail

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.

Texas 130