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Tailored Brands Might Seek Bankruptcy Due To Pandemic

PYMNTS

Men’s Wearhouse owner Tailored Brands might be the next significant retail company in the United States to make a bankruptcy filing as the COVID-19 crisis unfolds. Tailored Brands has approximately 1,400 U.S. Tailored Brands had $201 million in unrestricted cash on hand in early June.

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New Approaches To Shopping And Branding Amid The Coronavirus

PYMNTS

The coronavirus pandemic is changing daily life in the United States, as American consumers modify the way they shop to avoid contracting the virus. And in retail, brand attributes are gaining even more importance during the pandemic as retailers communicate with shoppers, employees and landlords.

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Yum! Brands Digital Sales Reach Record $3.5B Amid Pandemic

PYMNTS

Brands, Inc. 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. Brands recently acquired , opened two gross new restaurants in the United States.

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Nordstrom, L Brands Temporarily Shutter Brick-And-Mortar Locations

PYMNTS

is shuttering its brick-and-mortar retail locations for two weeks in the United States and Canada, with the inclusion of Nordstrom Rack stores, to restrict the proliferation of the coronavirus, the company said in an announcement. L Brands, Inc. , L Brands, Inc. , L Brands Inc. L Brands Inc. Nordstrom Inc.

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Activewear Brand Approaches D2C With A Purpose

PYMNTS

Anyone who works at fashion brand Bella+Canvas is familiar with the quote. Bella+Canvas is a California-based activewear brand with a unique mix of business models. As a D2C brand, Blakeslee believes his company has an effective platform for marketing and messaging. “I And what you do simply proves what you believe.”.

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Yum! Brands Global System Sales Rise 1 Pct Amid Restaurant Reopenings

PYMNTS

Brands, Inc. 29) as part of its Q3 earnings that global system sales excluding foreign currency translation increased 1 percent , with 2 percent net-new unit growth and a 2 percent same-store sales drop. Brands CEO David Gibbs said in a call with analysts. reported on Thursday (Oct. The Pizza Hut U.S. on revenue of $1.45

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Yum! Brands Adapts To COVID-19 With Contactless Delivery And Digital Technology

PYMNTS

Brands CEO David Gibbs said the firm saw early signs of recovery in markets first impacted by the coronavirus and stabilization in other places. At Pizza Hut, system sales fell 9 percent with a same-store sales drop of 11 percent and flat net new unit growth. Brands reported revenues of $1.26 All told, Yum!

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