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Queenstown Bank Offers Kasasa Brand in Maryland and Delaware

BankDeals

Queenstown Bank currently offers its Kasasa Cash, Kasasa Cash Back, and Kasasa Saver to residents of Maryland and Delaware through online application.

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Sports Concessions, Dunkin’ To Test Mastercard Checkout-Free System

PYMNTS

Food and beverage stand operator Delaware North intends to test Shop Anywhere in Q4. Guests and fans coming into a stadium environment now want to quickly and safely get in and out with little to no wait times on entry and exit,” Delaware North Chief Information Officer Jeffrey Wilkinson said in the report.

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Brooks Brothers Seeks Court Approval For $305M Stalking Horse Bid

PYMNTS

Brooks Brothers is seeking court approval for a $305 million stalking horse deal it reached with SPARC Group LLC, which is partly owned by Authentic Brands Group (ABG). The retailer said it filed a motion in United States Bankruptcy Court for the District of Delaware to receive the go-ahead for the asset purchase deal with SPARC.

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Jeans Maker True Religion Files For Chapter 11 Bankruptcy

PYMNTS

Premium jeans brand True Religion has filed for bankruptcy for the second time in three years, according to court filings. The court filing took place in Delaware on Monday, April 13. Due to the pandemic forcing stores to close, around a million employees of various brands and retailers have been furloughed.

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Victoria’s Secret Buy Invalid After Staff Furloughs, Lawsuit Says

PYMNTS

That move, made by parent company L Brands, also included not paying April rent, a decision now commonly made by businesses not making money during the pandemic. At that time, the value of the brand was $1.1 locations and let go most of its staff in response to the coronavirus pandemic, according to a report in The Wall Street Journal.

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Garment Factories Reeling As Importers Stop Orders Among Weak Sales

PYMNTS

Sheng Lu, a professor of apparel studies at the University of Delaware, said the shift in contract terms is proof of the increasing influence of fashion brands and retailers in the industry — at the expense of the factories.

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Bitcoin Daily: Argentina's Crypto Exchanges See Record Growth In 2020; JD.com Sees 20,000 Digital Yuan Transactions In 24 Hours

PYMNTS

I’ve been with the exchange pretty much from the beginning, and I’ve never seen this kind of growth," said Chief Brand Officer Juan Mendez , according to CoinDesk. The expansion includes 10 new states: Georgia, Hawaii, Nevada, New Mexico, Ohio, Oregon, Maryland, West Virginia, Delaware and Rhode Island, according to the release.