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Luxury Brand Barneys New York Seeks Bankruptcy Protection

PYMNTS

Struggling to compete with online brands, famed Big Apple luxury retailer Barneys New York has put itself up for sale and filed for bankruptcy protection, according to a report by Reuters. . He said one of the first things he bought from the store was a cashmere sweater. .

New York 108
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Instagram, Snaps Team Up To Help Brands Connect With Customers

PYMNTS

Snaps is teaming up with Instagram as the social media giant gears up for the holiday shopping season by sprucing up its commercial appeal to the major brands. New York-based Snaps announced on Monday (Oct. It's no longer up for debate that consumers want to message with brands where they already spend their time.”.

Branding 297
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Uber Eats Will Now Deliver Recess, A CBD Drink, In New York

PYMNTS

Recess, a CBD-infused sparkling water company, has announced that it will be available on Uber Eats for delivery to customers in New York City, according to a report by Adweek. Dirty Lemon, another beverage brand, is also on the platform. Eventually, the company plans to expand to other markets, including L.A. “We among others.

New York 172
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New York & Co. Rebrands To RTW Retailwinds

PYMNTS

To highlight its ability to grow into new markets and categories, New York & Co. We are at a defining moment in our corporate reinvention, with a proven track record for developing celebrity and sub-brand collections that resonate with our consumers,” CEO Greg Scott said in a statement. trillion U.S.

New York 100
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MyTheresa eCommerce Fashion Brand Plans To Go Public

PYMNTS

MyTheresa , the online luxury fashion retailer, plans to list on the New York Stock Exchange to take advantage of robust equity markets. MyTheresa sells clothes from 250 of the world’s most popular fashion brands. Some of those carve-outs have proved contentious with creditors for their parent brands.

Branding 142
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Fiserv Enables SNAP Online EBT Payment Acceptance For Grocers

PYMNTS

a global payments provider, now accepts Electronic Benefits Transfer (EBT) payments at grocers, allowing Supplemental Nutrition Assistance Program (SNAP) participants to purchase groceries online for the first time, the Wisconsin-based company announced on Tuesday (May 5). brand, is accepting online EBT payment at select locations.

Online 151
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Goldman Sachs Will Expand Its Retail Banking Brand Marcus to the U.K.

Bank Innovation

New-York based bank Goldman Sachs is planning to launch an online deposit service in the United Kingdom by mid-2018, a retail service that will be provided under the bank’s year-old ‘Marcus’ brand.

Branding 207