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Brinker Sets Long-Term Focus For Virtual Brand, Reconsiders Marketing Amid Pandemic

PYMNTS

However, Roberts noted that the Chili's brand “continues to exceed expectations from both a relative and an absolute perspective.”. In terms of the company’s It’s Just Wings virtual brand, which the company unveiled in June, Roberts noted that the company is committed to the brand for the long term. The company reported $82.8

Branding 100
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Retail Pulse: Dine Brands Teams With Postmates; Walmart Rolls Out Alcohol Pickup

PYMNTS

For instance, Dine Brands , the parent company of Applebee’s Neighborhood Grill + Bar and IHOP restaurants, is teaming with Postmates to offer delivery from thousands of locations, according to an announcement. Dine Brands is not the only restaurant company to team with Postmates. restaurants. In Other Brick-and-Mortar News.

Branding 101
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New RadioShack Owner Looks To Turn 'Fallen Angels' Into eCommerce Stars

PYMNTS

It’s a plan the company describes as “transforming well-known, distressed retail brands into eCommerce success stories.” REV Executive Chairman Tai Lopez stressed RadioShack ’s sales potential as a well-known global brand. Snapping up Fallen Retail Brands. Re-Inventing for Online. It’s Not Just About Retailers.

Branding 254
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This Tiger Global-Backed Company Raised $50M To Help Real Estate Agents Build Their Own Brands

CB Insights

California-based Side is a a real estate technology firm that helps agents, teams, and independent brokerages build their own brands. Side’s operating markets include California, Texas, and Florida. How’s the company performing? Want the full post? Become a CB Insights customer.

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Ascena Retail Group Considers Bankruptcy Filing

PYMNTS

A Chapter 11 filing would let the firm maintain the operation of some of its brands as it looks to sell other names and could come as early as July, Bloomberg reported, citing unnamed sources. Most of the roughly 2,800 retail locations of Ascena are still shuttered. The retailer foresees closing approximately 230 of 687 stores.

Groups 179
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Tuesday Morning Seeks Chapter 11 Bankruptcy Protection

PYMNTS

To decrease its outstanding liabilities and bolster its total financial position, Tuesday Morning Corporation said in a statement that it has filed for Chapter 11 bankruptcy to pursue “financial and operational reorganization.” The retailer, which was started in 1974 and is based in Texas, has roughly 700 locations throughout the nation.

Texas 130
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MoneyGram Extends Relationship With Walmart

PYMNTS

through March 2024, the Texas-based company announced on Tuesday (Oct. 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