Remove Branding Remove Operations Remove Puerto Rico Remove Retail
article thumbnail

Report: ABG May Buy Bankrupt Ann Taylor Parent Firm Ascena

PYMNTS

Authentic Brands Group ( ABG ), the New York-based brand management company, could be the latest potential buyer of Ascena Retail Group , the recently bankrupt parent firm of Ann Taylor, Footwear News reported. The New Jersey-based company operates about 3,000 stores, mostly at malls. billion debt.

article thumbnail

MoneyGram Extends Relationship With Walmart

PYMNTS

Puerto Rico and on its digital platform at walmart.moneygram.com. This longer-term extension is a testament to our strong alignment on customer-centric strategies as well as continued preference for the MoneyGram brand at the point of sale,” said Alex Holmes , MoneyGram’s chairman and CEO, in a statement. million in Q2. “As

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Retail Pulse: Microsoft To Open London Flagship; Walmart Hires Tech Exec

PYMNTS

Canada and Puerto Rico, as well as online in more than 190 countries. The brand has said it would roll out the burger later in the year nationwide. Kumar served as a corporate vice president of cloud infrastructure and operations at Microsoft; he also worked at Amazon for 15 years in various senior positions. In the U.K.,

Retail 108
article thumbnail

The Reverse Aging Of Retail

PYMNTS

When Hot Topic first opened its doors in 1989, it branded itself as being all about “alternative culture” before the concept of “alternative” was even really a part of the cultural lexicon. As to whether the 12- to 22-year-old demographic remains the retail chain’s target consumer group today is somewhat murky.

Retail 100
article thumbnail

Grocery Round-Up: Digital-First Delivers For Kroger, Another Instacart Pair-Up And Hoarding Round 2

PYMNTS

Q3 operating profit hit $792 million, up from $254 million the previous year. Midwest retailer Meijer has signed on with the service to provide same-day delivery of groceries. The service is already online in Michigan, Ohio, Indiana, Kentucky, Illinois and Wisconsin — the range of states Meijer operates in currently.

article thumbnail

Fizzle Of The Week: Puerto Rico’s Cash Crisis

PYMNTS

Toys R Us : Might the beleaguered retailer, which recently filed for bankruptcy, have a lifeline that is enough to keep kids smiling with Mario (the video game character) and My Little Ponies? Also, Amazon is expanding Alexa to BMW to be included in vehicles from that iconic automotive brand in the future. Puerto Rico is short on cash.