PYMNTS

MAY 28, 2018

The parent company of Eddie Bauer and Pacific Sunwear of California is considering a merger of the two retailers in an effort to consolidate stores, as well as survive a prolonged downturn in the American brick-and-mortar retail sector. Eddie Bauer also declined to comment, while Pacific Sunwear could not be reached for comment.

Capital 100

Capital California Retail Washington 100

PYMNTS

DECEMBER 14, 2020

In today’s top retail news, Bed Bath & Beyond Inc. 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. Bed Bath & Beyond Strikes Deal To Sell Cost Plus World Market. Bed Bath & Beyond Inc.

Branding 131

Branding Groups Retail New York 131

PYMNTS

JULY 6, 2020

If your business touches retail in any way, it might pay to follow a few important breadcrumbs. Last week, Constellation Brands purchased Empathy Wines , a direct-to-consumer (DTC) eCommerce business that sells wines from California vineyards. It reportedly purchased this digital upstart — one with a reported (and very small) $3.9

Retail 259

Retail Meeting Branding Maine 259

PYMNTS

JULY 18, 2018

eBay is gearing up to slash close to 300 jobs in California, with the cuts slated to be completed by July 20. The layoffs come as eBay continues to battle against Amazon in online retailing. RBC Capital Markets estimates Amazon made between $1.5 No affected employee has any bumping rights.”. billion.

California 101

California San Jose San Francisco Retail 101

PYMNTS

APRIL 19, 2019

liquor industry), who has combined the ongoing consumer desire for online subscription retail with the rise of craft distilleries. Along the way, he learned more about the power of brick-and-mortar retail in this increasingly online world. We had to buy a retail store to fulfill this dream. We didn’t plan on any of that.

Retail 156

Retail California Online Operations 156

PYMNTS

OCTOBER 5, 2020

Wool footwear brand Allbirds is wagering on physical retail stores despite the coronavirus. In October, the firm will open its 22 nd retail location in its home state of California. One rationale for the company making its own retail location network was to steer clear of the pressures from merchants and wholesalers.

Retail 256

Retail Branding California National 256

PYMNTS

OCTOBER 18, 2018

To learn more about their customers and increase foot traffic, retailers are testing out new business ideas. In some cases, retailers are dedicating small spaces to brands inside their brick-and-mortar stores. The vast majority of retailers believe in trying new business approaches.

Innovation 145

Innovation Retail Online Branding 145

PYMNTS

APRIL 7, 2017

This week, the two countries were the only markets that landed on the B2B venture capital board, with funding landing at SaaS, Big Data and procurement startups across a range of industries, from corporate social media management to marijuana procurement. PYMNTS breaks down the $24 million in venture capital raised. Back in the U.S.,

social media 109

social media Big Data Capital Data 109

PYMNTS

JANUARY 19, 2018

As such, automakers are hitting the venture capital highway in droves. In the rideshare arena, InMotion , Jaguar Land Rover’s venture capital arm, invested $25 million in a $600 million funding round for Lyft in 2017. The number of automaker-backed investments seems to have skyrocketed overnight. Ridesharing. Self-Driving Taxis.

Capital 109

Capital Las Vegas San Jose California 109

PYMNTS

MAY 23, 2017

A new study has found that more pet owners are shopping for products online and traditional retailers will have to do more than boost their online presence in order to compete. Brick-and-mortar retailers and manufacturers are scrambling to regroup to avoid losing ground.

Online 113

Online Retail Study Training 113

PYMNTS

JULY 13, 2020

Securities and Exchanges Commission (SEC) charged California’s Abra for failing to register before offering and selling securities-based swaps. Abra marketed its app to retail investors but reportedly did not ensure that they were eligible to participate in that kind of transaction, the release states. And, the U.S.

Taxes 170

Taxes Bitcoin Capital cryptocurrency 170

PYMNTS

FEBRUARY 7, 2020

In PYMNTS’ latest B2B venture capital roundup, which yielded $75 million in new funding, startups embraced distributed ledger technology for B2B payments and supply chain management, with 80 percent of total funding landing at blockchain companies. ClearMetal.

blockchain 247

blockchain Fintech California System 247

PYMNTS

APRIL 14, 2020

True Religion was acquired for $824 million in 2013 by London-based capital investment firm TowerBrook Investment Partners, and ended up filing for bankruptcy in 2017. Due to the pandemic forcing stores to close, around a million employees of various brands and retailers have been furloughed.

Delaware 160

Delaware Branding Retail Trends 160

PYMNTS

JULY 28, 2019

Following the state’s new law allowing autonomous vehicles, Palo Alto, California-based Gatik was approved by the Arkansas Highway Commissioner to launch a commercial service with Walmart, Walmart said in a press release. . with California autonomous car startup company Udelv. said in a news release. . Gatik has raised $4.5

Arkansas 124

Arkansas California Retail Capital 124

PYMNTS

JULY 28, 2019

Following the state’s new law allowing autonomous vehicles, Palo Alto, California-based Gatik was approved by the Arkansas Highway Commissioner to launch a commercial service with Walmart, Walmart said in a press release. . with California autonomous car startup company Udelv. said in a news release. . Gatik has raised $4.5

Arkansas 123

Arkansas California Retail Capital 123

PYMNTS

JANUARY 18, 2019

Grocers are using autonomous vehicles to help bring fresh food to the doorsteps of consumers, and news came this week that another retailer plans to use the technology: Approximately one month after Kroger announced that it had started to use autonomous vehicles in Arizona, Stop & Shop is intending to use them in the Bay State.

Retail 129

Retail Branding Arizona United States 129

PYMNTS

JULY 13, 2016

Brick-and-mortar retail will forever remember the day that Nintendo released Pokémon GO , a mobile game that has caused millions of millennials to suddenly discover outside again. However, some retailers prefer to play cards of the kind as close to the corporate chest as possible. billion acquisition of Home Retail Group.

California 100

California St. Louis Retail Branding 100

PYMNTS

MAY 26, 2020

The owner/operator of 85 shopping centers in California, Colorado and Illinois said shoppers are returning to recently reopened malls, but they’re not lingering, according to a CNBC report. We have movie theaters, we have gyms, we have lots of places where three months ago we would have been thrilled to have close personal interaction. “For

Groups 205

Groups California Colorado Illinois 205

PYMNTS

MAY 3, 2019

Brick-and-mortar retailers are changing the way they manage their workforces in the age of Amazon: Walmart , for instance, is testing multiple versions of a new team structure called the “Great Workplace” in some of its locations. At the same time, it was reported that Walmart plans to employ $11 billion in capital expenditures this year.

Retail 100

Retail St. Louis San Diego Los Angeles 100

PYMNTS

JUNE 8, 2018

After news surfaced in May that Golden Gate Capital was considering a merger of Eddie Bauer and Pacific Sunwear of California , the private equity firm has created a new operating company comprised of the two retailers. Both brands have made great progress in the past 24 months and have generated strong performance.

Operations 100

Operations Company California Branding 100

PYMNTS

SEPTEMBER 17, 2020

Five years after LoanDepot ditched plans to go public, the California-based lender, now worth as much as $15 billion, is giving the idea a second look. We continue to evaluate capital options and are excited about our industry position,” CEO Anthony Hsieh told Bloomberg. is the nation’s largest retail mortgage lender.

San Francisco 160

San Francisco New York Lending California 160

PYMNTS

MAY 26, 2020

The owner/operator of 85 shopping centers in California, Colorado and Illinois said shoppers are returning to recently reopened malls, but they’re not lingering, according to a CNBC report. We have movie theaters, we have gyms, we have lots of places where three months ago we would have been thrilled to have close personal interaction. “For

California 185

California Colorado Illinois Resources 185

PYMNTS

MAY 7, 2020

As Target eyes boosting its same-day delivery services, the company is negotiating to purchase portions of California startup Deliv Inc., Valued at $190 million two years ago, Deliv has raised $85 million in venture capital since its founding in 2012, according to PitchBook Data Inc. CNBC reported. Macy’s Inc., Mercato Inc.,

Google 177

Google Survey Capital California 177

PYMNTS

AUGUST 27, 2020

27) that the Arkansas-based retail giant is scrapping Shoes.com and Bare Necessities, the intimate apparel brand. operation in Culver City, California. operation in Culver City, California. “We Earlier this month, the mega retailer shared clues about its launch of Walmart+ , which is expected to compete with Amazon Prime.

Los Angeles 144

Los Angeles Branding Arkansas Retail 144

PYMNTS

JULY 30, 2020

In the newly created role, he will be responsible for leading the company’s large-scale retail acquisition efforts. Bork will spearhead Sezzle’s enterprise business development efforts, as the company focuses on client acquisition following its recent capital raise. The company offers U.S.

Minneapolis 145

Minneapolis Leadership Strategy California 145

PYMNTS

SEPTEMBER 28, 2020

has completed its Chapter 11 bankruptcy protection process and emerged from one of the highest-profile retail collapses since COVID-19 began, the Dallas-based company disclosed. We emerge from Chapter 11 as a stronger, more innovative retailer, brand partner and employer.”. Neiman Marcus Holding Company Inc.

San Francisco 139

San Francisco New York City Houston Dallas 139

PYMNTS

JUNE 29, 2020

The Palo Alto, California startup said the no-fee account is the company’s latest move to build a next-generation banking service that is branchless, automated and optimizes every dollar. Wealthfront , the online investment service firm, has added checking features to its app.

Fintech 151

Fintech California New York ATM 151

PYMNTS

JUNE 18, 2020

as well as Durable Capital Partners LP in addition to current investors, accounts and funds that T. The company said the funds will help with new offerings that assist its retailers in handling the evolved operating climate as well as provide diners with secure and accessible ways to transact. Rowe Price Associates, Inc. among others.

Capital 141

Capital Community California Maine 141

PYMNTS

JULY 14, 2017

million Series A round of venture capital (VC) funding led by Bullpen Capital. With 25 full-time employees and 2,300 couriers, Saucey is making its way into various California cities and has plans to move into Texas and Florida down the road. Los Angeles-based, alcohol delivery startup Saucey just announced news of its $5.4

Los Angeles 115

Los Angeles California Florida Texas 115

PYMNTS

OCTOBER 9, 2020

Despite wide-ranging economic uncertainties and a challenging investment environment, venture capital (VC) firms and special purpose acquisition companies (SPACs) are actively raising or seeking fresh funds for investment in the payments space. Kibo added, “We love global companies with very capital efficient structures.”.

San Francisco 196

San Francisco Capital United States Big Data 196

PYMNTS

SEPTEMBER 8, 2016

But the embattled teen retailer will leave bankruptcy proceedings in a far different state, according to the report. At the time of its bankruptcy, PacSun operated 590 retail locations but closed about 20 of them as part of the bankruptcy reorganization, according to Bloomberg.

California 100

California Retail Capital Branding 100

PYMNTS

MARCH 1, 2019

Cybersecurity returned to the top of the B2B startup investment list as three companies in the enterprise security realm landed nearly half of the $246 million in B2B venture capital this week. Commerce Ventures, Flint Capital, Two Sigma Ventures, Synchrony and Sorenson Capital also participated, according to reports.

Security 189

Security Capital Analytics Software 189

PYMNTS

OCTOBER 31, 2018

The latest to secure venture capital is WAYV , a procurement platform designed for the legal cannabis industry. “As California moves to a regulated and licensed system, there is a long tail of retailers and brands in the industry that need to be connected,” said Craft Ventures Co-founder David Sacks in a statement.

Retail 122

Retail Compliance blockchain Branding 122

PYMNTS

JUNE 26, 2019

raised in venture capital. The self-driving startup had recently filed a notice in California about plans to close the business and lay off its workers, which numbered around 90. Apple is also testing Lexus SUVs with autonomous tech in California, but the cars have a driver behind the wheel. .

Apple 100

Apple Arlington California Texas 100

PYMNTS

APRIL 6, 2020

For retailers, it was supposed to be the year of 5G. Recent research from Gartner finds that 46 percent of retailers expected to deploy augmented reality (AR) or virtual reality (VR) solutions this year. That doesn’t mean, however, that the star turn expected from connectivity’s guiding light this year will happen.

Apple 153

Apple Retail California Meeting 153

PYMNTS

OCTOBER 5, 2020

In conjunction with the Vital Care announcement, the company also introduced the opening of its 100 th in-store veterinary hospital, located in Encinitas, California. The move comes as the owners of Petco are exploring a buyout of the pet retail store that could net as much as $6 billion, according to Bloomberg.

California 248

California Meeting Marketing Retail 248

PYMNTS

NOVEMBER 21, 2019

The pre-seed funding was from Peak Venture Capital , which also led the new seed round, along with Album VC and strategic partner Pattern. . Route+ offers retailers an end-to-end post-purchase experience. . Using the Route App, users can visually track and protect online orders as well as resolve issues.

Utah 141

Utah Training Online California 141