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Florida Retail Reopening Fails To Draw Consumers

PYMNTS

Retail reopening events continued to draw light foot traffic on Monday, as Florida joined Texas in allowing non-essential stores to reopen. Florida granted permission for stores to reopen Monday (May 4), the first phase of a return from the coronavirus lockdown. Meanwhile the digital shift momentum continues to draw new infrastructure.

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Today In Retail: FedEx Concludes ShopRunner Acquisition; Save A Lot Sells 51 Stores To Fresh Encounter

PYMNTS

concluded its previously announced purchase of ShopRunner, while Save A Lot unveiled the sale of 51 stores run by the company in the Tampa, Florida market to Fresh Encounter. Plus, PYMNTS looks back on direct-to-consumer (D2C) brands, which came in two flavors in 2020. Retail 2020: Looking Back On D2C Brands.

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Retail Pulse: Dine Brands Teams With Postmates; Walmart Rolls Out Alcohol Pickup

PYMNTS

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. In Other Brick-and-Mortar News.

Branding 101
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Le Pain Quotidien Is Latest Food Chain To File For Bankruptcy

PYMNTS

As The Wall Street Journal reported, the eatery hoped to avert a complete liquidation of its 98 locations in New York, the Mid-Atlantic, California, Illinois and Florida with a proposed $3 million sale of the business to Aurify Brands LLC. Under the terms of the deal, Aurify Brands would allow at least 35 of its U.S.

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Supermarkets Hoard Staples For Holidays, COVID Resurgence

PYMNTS

Anthony Hucker, CEO of Southeastern Grocers , a Jacksonville, Florida-based supermarket chain, told WSJ he placed orders for holiday hams and turkeys in June, July and August long before he typically does. We will never again operate our business as unprepared for something like this,” he said.

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This Tiger Global-Backed Company Raised $50M To Help Real Estate Agents Build Their Own Brands

CB Insights

California-based Side is a a real estate technology firm that helps agents, teams, and independent brokerages build their own brands. Side’s operating markets include California, Texas, and Florida. How’s the company performing? Want the full post? Become a CB Insights customer.

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Off-Price Retailer Stein Mart Files For Chapter 11

PYMNTS

filed for Chapter 11 bankruptcy in the United States Bankruptcy Court for the Middle District of Florida, Jacksonville Division amid a challenging retail climate and the pandemic, the company said in a statement. And, also in July, Lucky Brand began Chapter 11 proceedings to help set the path toward a sale and lower its debt load.

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