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Gett Closes Down NY Ridesharing Brand Juno; Partners With Lyft

PYMNTS

Ridesharing company Gett, which operates under the name Juno in New York City, is shuttering its operations there and entering into a partnership with Lyft to take on its accounts, according to a report by TechCrunch. Gett acquired Juno in 2017 for about $250 million, in a move to expand in the region.

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Modell’s Sporting Goods In Bankruptcy, Will Shutter All Stores

PYMNTS

With a longtime presence in New York and surrounding suburbs, Modell’s has 153 stores mostly located in the northeast region. But it has now become the latest in an array of New York retailers to file for bankruptcy, following luxury retailer Barneys New York and grocer Fairway Market.

New York 144
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Shogun Brings Big Retail Tech To Digital-First Retailers

PYMNTS

Clavell laid out exquisite details of life in feudal Japan so that the readers could live it as well as read it, according to The New York Times’ review of the book. It will be used to scale their platform and build out sales and marketing, executive and engineering teams. The syncing feature alone is a game-changer for us.

Retail 226
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The Millennial-Driven Evolution Of Jet.com

PYMNTS

To assist those efforts, Walmart has tapped another company that it acquired – logistics company Parcel – to bring grocery delivery to New York City customers within a three-hour window. (In Jet.com isn’t alone in its efforts to step up delivery in New York City (and, in the future, other cities).

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Flagstar's CEO explains why the bank ignored geography in rebranding

American Banker

Following New York Community Bancorp's acquisition of Flagstar, the company is ditching the regional bank brands that it long used. CEO Thomas Cangemi calls Flagstar a "neutral" but "patriotic" name that underscores the firm's nationwide expansion strategy.

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Market Research Tricks

CB Insights

We received a response from a subscriber explaining the trick that market researchers use to do this. But there is no way that all the great, local/regional Mexican restaurants could ever amass the number of votes to compete with a Taco Bell. So we did a national survey about what brand was your favorite breakfast sausage.

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Luxury Market Gets Tougher For Michael Kors After Coach Buys Kate Spade

PYMNTS

Both luxury brands are competing in a declining market for handbag sales, and Kate Spade’s vibrant styles give Coach an edge in the race for younger consumers. There are also plans to expand Kate Spade in Asia, which may curb Michael Kors’s aggressive growth in the region. According to Bloomberg Pursuits , Coach Inc. ’s

Marketing 101