PYMNTS

SEPTEMBER 14, 2020

Standard Chartered has announced the completion of the first cross-bank Letter of Credit (LC) transaction over blockchain, between Vietnam and Thailand, according to a report from FinanceFeeds. It was completed over the blockchain-based Contour network, which is an open industry platform and focused on digitizing trade finance.

blockchain 302

blockchain Report Operations Innovation 302

PYMNTS

MAY 22, 2020

reported total Q1 sales of $1.8 The retailer said it wasn’t reporting comparable-store sales, as its shops were open for less than seven weeks of the 13-week period, per an announcement. Additionally, the company reported a net loss for Q1 2020 of $306 million compared to net income of $421 million in 2019. Net sales were $4.4

Report 240

Report Retail Operations Trends 240

PYMNTS

JULY 30, 2020

Brands, Inc. reported on Thursday (July 30) that digital sales grew to an all-time high of $3.5 The brand has served nearly 20 million contactless digital orders as of March 2020. “We’ve Brands’ worldwide system sales excluding foreign currency translation dropped 12 percent, with a 15 percent same-store sales decline.

Branding 140

Branding United States National System 140

PYMNTS

MARCH 19, 2020

Brands, which also claims Taco Bell, Pizza Hut, Kentucky Fried Chicken and other luminaries of American fast food under its belt, according to a release. has counted a fast-casual brand among its arsenal of eateries. CEO Russ Bendel will report directly to Yum! The Habit Restaurants is now owned by Yum! CEO David Gibbs.

Branding 141

Branding Kentucky California Resources 141

PYMNTS

APRIL 6, 2020

Brands Inc. , The policy relates to the just under 50 stores owned by the company in the most industrialized nation in Africa, while the other restaurants on the continent are franchisee-operated Bloomberg reported. Restaurant Brands will send $70 million in cash advances, as well as rebates, to franchisees.

Branding 130

Branding Retail Policies Meeting 130

PYMNTS

JULY 31, 2020

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.

Puerto Rico 145

Puerto Rico Report New Jersey New York 145

PYMNTS

JULY 20, 2018

The situation seemed to recently come to a head, as the company told employees that it was shuttering its operations. And, while the struggles of Chef’d shine a light onto the difficulty of operating in the meal kit industry, some observers think there is a successful recipe for the meal kit business.

Operations 100

Operations Retail Branding New York 100

PYMNTS

APRIL 30, 2020

As it worked to provide its customers with off-premise options amid the coronavirus pandemic, Dunkin’ Brands reported that about 90 percent of Dunkin’ U.S. The company reported that Dunkin’ U.S. All in, Dunkin’ Brands reported revenues of $323.1 locations remain open as of April 25. For Baskin-Robbins U.S.,

Operations 130

Operations Branding Report National 130

PYMNTS

DECEMBER 17, 2020

Rite Aid Corporation reported on Thursday (Dec. Revenues from continuing operations for the timeframe were $6.12 Retail pharmacy segment revenues from ongoing operations rose 5.1 percent compared to the past-year quarter, while same-store sales from ongoing operations for Q3 rose 4.3 The company also reported $2.1

Report 141

Report United States Retail Operations 141

PYMNTS

FEBRUARY 6, 2020

Brands reported that worldwide system sales excluding foreign currency translation increased 10 percent, with Taco Bell at 13 percent, KFC at 11 percent and Pizza Hut at 7 percent. The company opened 1,029 net units for 4 percent net unit growth, as reported in its fourth-quarter results. Pizza Hut U.S., Pizza Hut U.S.

Branding 142

Branding Innovation Customer Experience System 142

PYMNTS

AUGUST 27, 2020

Walmart is selling two of its online brands in a continuing goal to concentrate on its website. Bloomberg reported Thursday (Aug. 27) that the Arkansas-based retail giant is scrapping Shoes.com and Bare Necessities, the intimate apparel brand. operation in Culver City, California. “We government regulators.”.

Los Angeles 144

Los Angeles Branding Arkansas Retail 144

PYMNTS

JUNE 6, 2019

Snap , the maker of the disappearing messaging app Snapchat, is rolling out new tools to enable select accounts to operate a store within Snapchat. DigiDay , citing a Snap spokesperson, reported that Snapchat users will be able to access the Shopify-powered stores by visiting the account page of a brand.

Operations 125

Operations Branding Tools Report 125

PYMNTS

JUNE 22, 2020

How Customer Reviews Provide Lifeblood To Restaurant Operations. An escalating dependence on technology has made search results and review services like Yelp primary guides for valuable user feedback — with 90 percent of consumers reporting in January that they researched reviews before selecting restaurants.

Operations 156

Operations social media Online Survey 156

PYMNTS

OCTOBER 15, 2020

The Boston-based sports fantasy operator said in the release Thursday (Oct. 15) that it has signed a multi-year agreement to become the exclusive provider of sports betting information and daily fantasy sports content for both Turner Sport and Bleacher Report.

Report 141

Report Boston Chicago New York 141

PYMNTS

OCTOBER 28, 2020

Brinker International reported Wednesday (Oct. However, Roberts noted that the Chili's brand “continues to exceed expectations from both a relative and an absolute perspective.”. There are barriers to entry in doing virtual brands well, and Brinker is uniquely positioned to do it right,” Roberts said. “We

Branding 100

Branding Marketing Dallas Texas 100

PYMNTS

JANUARY 28, 2019

Amazon wants to get more exclusive — and it wants other companies to help with that effort by developing product lines meant to be sold only via the eCommerce operator. That move comes as Amazon has had trouble wooing some direct-to-consumer brands. Brand Resistance.

Branding 145

Branding Retail Course Seattle 145

PYMNTS

MAY 28, 2019

To reportedly build a licensing empire with the Sports Illustrated name, Authentic Brands Group LLC has agreed to buy the storied magazine from Meredith Corp. The move comes over a year after it was put on the block and Meredith will still manage its website and publish its print magazine, The Wall Street Journal reported. acquisition.

Branding 122

Branding New York Report Groups 122

PYMNTS

SEPTEMBER 1, 2020

Bloomberg reported that luxury items like handbags, cosmetics and cars are doing well. LVMH , which dabbles in wine and watch sales among other things, saw sales in China spike in the last quarter with 65 percent higher sales year over year, Bloomberg reported, although the group's overall percentages were down 38 percent.

Branding 159

Branding Retail Groups Report 159

PYMNTS

AUGUST 24, 2020

PYMNTS’ latest research report, Mastering Multichannel Commerce Playbook: The New Retail Reality , in collaboration with Citi , examines these technological and consumer behavioral shifts and looks at three emerging channels: direct-to-consumer (D2C), subscription and digital business-to-business (B2B) commerce platforms. billion in 2020.

Retail 216

Retail Report Case Study Study 216

PYMNTS

DECEMBER 14, 2020

has entered into a definitive deal to sell Cost Plus World Market to Kingswood Capital Management, while Authentic Brands is reportedly in discussions with Arcadia Group and Debenhams. It is expected that the business will keep operating as a stand-alone brand. Authentic Brands Could Buy Arcadia Group And Debenhams.

Branding 131

Branding Groups Retail New York 131

PYMNTS

AUGUST 30, 2018

Brands might want a space to test new concepts with shoppers in brick-and-mortar retail environments, but they don’t always want the time and expense involved in building out a permanent store. The Los Angeles-based Commercial Observer reported that the concept will be located in the renovated Westfield Century City Mall.

Branding 143

Branding Los Angeles Innovation Chicago 143

Perficient

FEBRUARY 28, 2024

The imperative for transformation has never been clearer, and this is highlighted in Forrester’s report, The Future Of Insurance. Perficient’s insurance experts, who were interviewed for this report, echo this sentiment, emphasizing the need for insurers to embrace innovation to stay relevant.

Innovation 251

Innovation Regional Strategy Trends 251

PYMNTS

JANUARY 17, 2020

Amazon’s relationships with big brands on their platform is looking quite a bit less healthy than it once was, while Walmart has seen grocery services lose some ground in terms of consumer appreciation, according to a recently released ranking. Big News of the Week: Another Big Brand Break-Up. Another one bites the dust. online spend.

Branding 139

Branding Retail Meeting Report 139

PYMNTS

AUGUST 20, 2020

Amazon has put some hiring on hold in its Alexa operation amid the pandemic, Bloomberg reported, citing two unnamed sources. The change reportedly started just past the time that COVID-19 severely impacted the country at the beginning of spring, according to the unnamed sources in the report.

Report 168

Report San Diego Detroit Phoenix 168

PYMNTS

SEPTEMBER 16, 2020

But that national network of body-sculpting palaces is in disarray today, with major chains including Gold’s Gym and 24-Hour Fitness filing for Chapter 11 relief due to the coronavirus pandemic, along with a slew of other operators from privately owned yoga studios to fitness centers. Healthy Financials For Connected Fitness .

Exercises 206

Exercises Branding Apple Industry 206

PYMNTS

JANUARY 12, 2021

reported digital sales growth of 225 percent and identical sales growth of 12.3 As for its overall results, Albertsons Companies reported 66 cents in adjusted net income per share on $15.4 The news comes after Albertsons reported 243 percent in digital sales growth and 13.8 Albertsons Companies, Inc. 12) announcement.

District of Columbia 130

District of Columbia Report Maine Strategy 130

PYMNTS

JANUARY 3, 2021

MGM Resorts International is trying to acquire Entain , the British parent of major online-gambling player Ladbrokes , the Wall Street Journal reports. Online gaming already was a growing threat to MGM and other brick-and-mortar casino operators before COVID-19 forced the closing of gambling halls.

Company 168

Company Report New York Online 168

PYMNTS

FEBRUARY 26, 2019

Major retailers are pitching premium baby care products at a less-than-premium price tag with the help of exclusive brands: Walmart is offering Hello Bello exclusively at its stores and its website (and that of the brand). It is also reportedly the inaugural brand rolled out under a platform called Launched.LA.,

Branding 129

Branding Marketing Retail Detroit 129

PYMNTS

AUGUST 20, 2019

Swiss Bank UBS has announced that it has hired a new CEO of European Union operations, according to a report by Reuters. . In no other industry is it so unlikely for women to reach a position at the level of the board or just beneath,” DIW said in the report. The bank appointed Christine Novakovic to the position.

Operations 122

Operations Cards Management Study 122

PYMNTS

AUGUST 9, 2018

That study, the Paying At the Pump Report , paints a clear picture of what consumers really care about when it comes to mobile apps and buying gas, and what rarely crosses their minds at all. Brands are improving their food services, renovating bathrooms, expanding their shop offerings and expanding their mobile payment options.

Branding 100

Branding Mobile Data Study 100

PYMNTS

MARCH 6, 2019

Amid shifting consumer buying habits and reported missteps internally, Diesel USA Inc. The jeans maker and retailer is looking to have court approval for its reorganization plan by mid-April, The Wall Street Journal reported. return the [company] to its prerecession profitability, ensure its ability to continue operating in the U.S.,

Branding 118

Branding Retail Report Strategy 118

PYMNTS

MARCH 9, 2018

operations, currently in bankruptcy, according to recent Bloomberg reports. The plans come as the company has yet — and the emphasis may be on “yet” — to find a buyer for those operations or finalize its debt restructuring plans. As has been widely reported, the U.S. Toys R Us managed to garner a $3.1

US 107

US Operations Training Strategy 107

Perficient

DECEMBER 30, 2020

See Report: Digital Transformation Is Key To Boosting Customer Satisfaction. Except for Macy’s and Nordstroms, all other brands did better (or less bad) on the internet channel versus the store channel. For many of these brands, balancing store versus online inventory must have been a big challenge.

Online 421

Online Study Branding Customer Experience 421

PYMNTS

FEBRUARY 23, 2020

Reginald Fowler, “an alleged operator behind payment processor Crypto Capital , was charged with wire fraud” on Friday (Feb. This is in addition to charges of bank fraud, an unlicensed money transfer operation and conspiracy. For this reason, it’s difficult to ascertain exactly how much trading is done.

Operations 151

Operations Fraud Capital Marketing 151

PYMNTS

DECEMBER 26, 2019

In other news, BestChange reportedly provides a solution to let users exchange digital currencies or purchase them with fiat funds, Cointelegraph reported. The brands also reportedly claim an affiliation with Bdswiss Holding Plc, which has its CIF License and is already regulated in the country.

Bitcoin 131

Bitcoin Branding Regulation National 131

BankBazaar

APRIL 13, 2022

BankBazaar Turns Profitable With New Co-Brand Strategy; Exits FY22 With Rs.156 National, April 07, 2022: BankBazaar.com , India’s largest fintech co-branded credit card issuer and online platform for free credit score, reported that it is profitable in March 2022. Success of Co-brand Model. in FY21 to -25% in FY22.

Branding 78

Branding Strategy Cards Fintech 78

PYMNTS

JULY 1, 2019

As noted in a report by FireEye, the bad guys are continuing to leverage a tactic known as business email compromise (BEC), where that method of communication seeks to impersonate persons of authority from within a firm, or alternatively, legitimate business partners, to requests funds be sent to accounts (and then of course, pilfered).

Fraud 154

Fraud Report Minnesota Branding 154