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Express Inc. Net Sales Drop 53 Pct Amid Pandemic

PYMNTS

The company debuted a bolstered buy online, pick up in store ( BOPIS ) customer experience in some locations, with plans to expand that capability to the complete store base by the close of Q3. Additionally, Express said it decreased its forecasted yearly capital expenditures by roughly $25 million.

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Data Dive, Columbus Edition: Square, PayPal And One Brave Bank Teller

PYMNTS

Today is Columbus Day, a celebration of Christopher Columbus’ “discovery” of Americas 526 years ago. First, Christopher Columbus never actually set foot in North America, so he discovered an America, not the America. In fact, much of what one learned in elementary school about Columbus is a little bit off.

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The Limited Brand’s Days Could Be Limited

PYMNTS

The letter, which includes a statement about “sales misses” and “very disappointing” third quarter results, said that the brand “will require that the company be sold, or we will have to wind down our operations due to an anticipated lack of operating capital.” It is not publicly traded and typically does not release quarterly revenue.

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Peapod And Alexa Deliver Greater Grocery Ordering Convenience

PYMNTS

The beauty of online grocery shopping is that you can add to your order throughout the week and at the very moment you remember that you need something,” said Cat de Merode, Peapod’s vice president of product. Oklahoma’s Jumbo Foods rolled out its online shopping and pickup service this week.

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The 31 European Unicorns Ranked By Valuation

CB Insights

Company Description: Founded in 2012, this Berlin-based company runs an online used car exchange via a family of sites such as Auto1.com, Select Investors: DST Global, DN Capital, SoftBank Group. Company Description: Based in Sweden, Klarna provides online payment solutions. Select Investors: Rhone Capital.

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Whole Paycheck Tracker: Accelerating Automation To Capture Consumer Spend

PYMNTS

With the additions, Prime delivery is now online in 75 U.S. The eCommerce company further announced it has expanded its grocery pickup to Whole Foods Market to Columbus, Ohio — bringing the total number of pickup markets to 30. billion on 500 remodels in 2018 — more than a fifth of the retailer’s total capital expenditure of $10.3

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Hard Knocks Edition: MCX, EMV And Square

PYMNTS

Utilizing unique feedback from the marketplace and our Columbus pilot, MCX has made a decision to concentrate more heavily in the immediate term on other aspects of our business, including working with financial institutions, like our partnership with Chase, to enable and scale mobile payment solutions.

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