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Off-Price Retailer Stein Mart Files For Chapter 11

PYMNTS

Off-price specialty retailer Stein Mart, Inc. 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. In July, Ascena Retail Group, Inc.

Retail 146
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Retail Pulse: Luxury Brands Eye Airport Retail; Panera Bread Tests Dinner Menu

PYMNTS

Airports are providing luxury brands with access to consumers with extra time on their hands who want to buy unique and unusual items they can’t find near their residences. These hubs for travel retail, which are providing an audience of on-the-go travelers as U.S. percent to attain $76 billion last year.

Retail 101
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Car Vending Machine Company Carvana Goes Up Against Wall Street

PYMNTS

Just ask Carvana, the leading online automotive seller and a major force in changing the way people buy cars. billion, on an 82 percent increase in retail sales. That is the most organic growth of any automotive retailer ever in the U.S. Wall Street is a tough master, especially for eCommerce companies. New Markets.

Company 130
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How QSRs Enable Digital Options With Rapid Order-Ahead Growth

PYMNTS

The release also noted, “Additionally, restaurants will have a simplified look into their in-store, online, and delivery orders all in one unified location.”. Over 400 Dunkin’ restaurants throughout the five boroughs of New York City are now offering delivery through Seamless, Grubhub’s New York brand.

Mobile 116
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Data Dive, Better Together Edition: Worldpay, FIS, Google, eBay, PayPal, Instagram

PYMNTS

The combined company will retain the FIS name and will be headquartered in Jacksonville, Florida. That checkout experience is powered on the backend by PayPal via its retail partnership program. Last July, Apple Pay went online with eBay, though it is somewhat more limited than Google Pay. merchant customers.

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Getting Mobile Ready

Independent Banker

Big-brand megabanks, the Visa and MasterCard networks, and big-box merchants had signed up to become partners with Apple’s universal retail smartphone app that uses Near Field Communication and tokenization technologies. Doug Brown, senior vice president and general manager of mobile for FIS Global in Jacksonville, Fla.,

Mobile 105