PYMNTS

MAY 22, 2020

Bad news hit the startup community this week as new analysis from CBInsights revealed a significant decline in venture capital (VC) funding in the first quarter of 2020. The company connects SMBs to invoice financing via is mobile app Bridge2Capital, targeting retail shopkeepers with a way to finance their outstanding payables.

Capital 141

Capital Analytics Fintech Report 141

PYMNTS

JANUARY 25, 2021

The National Retail Federation ’s annual convention may have come and gone but the sentiments, strategies and lessons learned from facing nearly a year of pandemic-led changes by some of the world’s largest merchants are going nowhere fast — especially when it comes to their embrace of increased digitalization. We’re not a data company.

Community 269

Community Retail Strategy National 269

PYMNTS

JULY 19, 2020

Equity crowdfunding program Equifund CFP is launching a Regulation Crowfunding offering to help cannabis tech company Drop Delivery raise money for its all-in-one delivery system for cannabis products, according to a press release. “We’re proud Drop Delivery has chosen to open its doors to early-stage investors with Equifund CFP.”

System 218

System Capital Payments Regulation 218

PYMNTS

AUGUST 7, 2020

Retail Properties of America ( RPAI ), which owns and operates 102 multi-retail sites, showed a net income drop from $44.4 On its earnings call, the company cited positive momentum and urged a patient approach to its business. “We One of the largest real estate investment trusts in the U.S. percent of second quarter rent.

Retail 184

Retail America Operations Examples 184

PYMNTS

JANUARY 12, 2021

As reported , Walmart is working with Ribbit Capital to create an as-yet unnamed FinTech that would, the companies said on Monday (Jan. 11) “bring together Walmart’s retail knowledge and scale with Ribbit’s FinTech expertise to deliver tech-driven financial experiences tailored to Walmart’s customers and associates.”.

Capital 155

Capital Fintech Retail Tools 155

PYMNTS

JUNE 15, 2020

Square Capital LLC processed more than $820 million in Small Business Administration (SBA) Paycheck Protection Program (PPP) forgivable loans in six weeks, the firm reported. the mobile payment company, said it provided a financial lifeline to more than 76,000 small businesses. Last year, Square Capital did $2.3

Capital 141

Capital San Francisco New Jersey Massachusetts 141

PYMNTS

SEPTEMBER 3, 2019

Capital Park Holdings has formed Prestige Value Brands, and has used it to acquire Joy Hand Dish Retail Brands from Procter & Gamble, according to a release by the company. The newly formed company said it is going to focus on mid-market brands that bring value to customers.

Branding 108

Branding Capital Operations Innovation 108

PYMNTS

JUNE 3, 2020

The parent company of New York & Co. , the wear-to-work retailer for women, warned it may file for Chapter 11 bankruptcy protection as the nationwide chain has been crippled by the COVID-19 crisis, CNBC reported. The company also said it is likely to default on a loan agreement with Wells Fargo. RTW Retailwinds Inc.

New York 151

New York Retail Groups Survey 151

PYMNTS

MARCH 27, 2020

The divide between essential and non-essential retail grows bigger by the day as deep discounters and dollar stores continue to add stores, employees and revenue during the COVID-19 crisis. We’ve had pretty much 100 percent cancellation from all major retailers,” he said , naming Macy’s Inc., TJX Companies Inc. Nordstrom Inc.,

Retail 130

Retail Capital Groups Community 130

PYMNTS

NOVEMBER 6, 2020

As property executives report their quarterly earnings, some landlords are starting to put the squeeze on retailers that have skipped rent payments as a means to survive pandemic-triggered lockdowns. Spirit Realty Capital told FT that it had collected just 12 percent of the rent owed by movie theaters last month.

Retail 152

Retail Kansas Payments Texas 152

PYMNTS

MARCH 23, 2020

But for non-essential retail, stepping up takes more commitment, risk and money. It’s in the non-essential category that true retail heroes are showing up amid the coronavirus pandemic. 1: In Detroit Bedrock LLC real estate company is giving free rent for the next three months to its small-business retail and restaurant tenants.

Retail 167

Retail Detroit Leadership Regional 167

PYMNTS

MARCH 25, 2020

To offer vending and laundry machine operators instant cash access, PayRange Inc. rolled out a feature that lets machine operators immediately move mobile payment settlements to a debit card. As a result, the unattended retail machine operator can receive settlements of their mobile transactions at any moment.

Capital 130

Capital ATM Cards Operations 130

PYMNTS

JANUARY 19, 2021

In today’s top retail news, Bed Bath & Beyond said it has finished its sale of Cost Plus World Market (CPWM) to a private equity firm, while Starbucks will help Washington state with the distribution of coronavirus vaccines. billion offer from Staples to buy the company outright, but says it is open to other possibilities.

Washington 141

Washington Retail Marketing Operations 141

PYMNTS

SEPTEMBER 7, 2020

Despite the pandemic, venture capital dollars are flowing freely to nascent firms in Asia that are tackling the need for contactless interactions and platforms that match supply and demand — setting the stage for innovation on the other side of the public health crisis. Traditional companies have had to embrace tech at an accelerating pace.

Capital 298

Capital Regional United States Meeting 298

PYMNTS

SEPTEMBER 22, 2020

Mirakl , the cloud-based eCommerce software company headquartered in Paris, has raised $300 million in its latest funding round, Bloomberg News reported. billion, the company’s U.S. Mirakl provides online marketplace software to manufacturers, wholesalers and retailers, including Kroger Co., according to its website.

Software 220

Software Retail Capital Branding 220

PYMNTS

MARCH 9, 2018

Beleaguered toy retailer Toys R Us is in the midst of prepping plans to liquidate its U.S. 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.

US 107

US Operations Training Strategy 107

PYMNTS

APRIL 29, 2019

Securities and Exchange Commission has appointed members to its newly-formed Small Business Capital Formation Advisory Committee as it works to support small business access to capital. The SEC’s new advocate for small business capital formation, Martha Legg Miller, and 15 other members are also a part of the team, reports said.

Capital 108

Capital Lending Regulation Report 108

PYMNTS

OCTOBER 24, 2019

Capital One ’s domestic card business provided strong results and continued to pick up momentum, the bank said on Thursday (October 24). In terms of the company’s partnership with Walmart , Fairbank said the company launched the new Walmart co-brand and private-label cards on September 24. billion, an increase of $1.7

Capital 101

Capital Cards Conference Customer Experience 101

PYMNTS

APRIL 6, 2016

The news from the Bureau of Labor Statistics (BLS) last week that the retail industry added 48,000 new jobs in March — bringing the increase to 378,000 new jobs over the past 12 months — appears to be positive on a number of fronts. And while the number of retail jobs in the U.S. While it’s reasonable to presume that any U.S.

Retail 100

Retail Company Industry Trends 100

PYMNTS

NOVEMBER 4, 2020

Like so many verticals that have adapted to survive the COVID-19 era, the restaurant industry is seeing the acceleration of trends that were already in place, Dave Boennighausen , CEO of fast-casual chain Noodles & Company told Karen Webster in a recent conversation. I think our brand is well-positioned for off-premise,” he said. “We

Company 160

Company Colorado Branding Trends 160

PYMNTS

JUNE 11, 2020

Instacart ‘s valuation is now almost $14 billion after a new funding round, the company announced in a press release. Existing investor D1 Capital Partners contributed as well. The company’s valuation is now $13.7 The round raised $225 million and was led by DST Global and General Catalyst.

Company 130

Company Survey Community America 130

PYMNTS

MAY 8, 2020

“We believe this is a critical component to getting the economy moving again, and we would like to partner with companies and entrepreneurs that can draw on our capital and expertise to stabilize and grow their business,” Bloom said, according to CNBC. Last year, over 9,000 retail stores closed in the U.S.,

Las Vegas 141

Las Vegas Retail Illinois Groups 141

Bobsguide

AUGUST 7, 2022

London, UK – August 3, 2022 – Finastra announced today that The Co-operative Bank has selected Finastra Kondor in the cloud, available via Microsoft Azure, to upgrade its treasury infrastructure and automate manual reporting and processes.

Operations 68

Operations Strategy Innovation Policies 68

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

NOVEMBER 23, 2020

When Miami-based Retail e-Commerce Ventures (REV) recently announced that it purchased the remains of twice-bankrupt RadioShack , it wasn’t some one-off strategy to acquire distressed assets for pennies on the dollar. Instead, it was the latest move in a business model that the company has long followed.

Branding 254

Branding Retail New Jersey Miami 254

BankInovation

JANUARY 20, 2023

Truist Financial closed its acquisition of finance company BankDirect Capital Finance in the fourth quarter of 2022. The deal for the finance company to operate under the bank’s Truist Insurance Holdings arm was announced Sept. 6, according to a Truist release.

Capital 52

Capital Risk Management Operations Management 52

PYMNTS

JULY 9, 2019

As part of a deal with a publicly traded shell, Richard Branson’s Virgin Galactic space tourism venture would become the first listed company for human spaceflight. Special-purpose acquisition company (SPAC) Social Capital Hedosophia Holdings Corp. and Blue Origin that are also at work on bringing travelers into space.

Company 128

Company Capital Report Technology 128

PYMNTS

JANUARY 22, 2019

Since 2010, we have been committed to bringing fresh, local, and delicious meals into your homes along with all our customers across the country,” the company wrote in the e-mail announcement, according to reports. The company has struggled for years to master on-demand delivery of food.

Operations 154

Operations Los Angeles San Francisco Seattle 154

PYMNTS

NOVEMBER 9, 2020

The pandemic has been a game-changer for businesses, with retailers closing their doors, restaurants turning to delivery and pickup, and banks shifting to digital interactions to avoid potential viral transmission. How the Pandemic Changed Capital Management. How Analytics Give Businesses a New Edge.

Analytics 130

Analytics Company Innovation Capital 130

PYMNTS

JULY 30, 2019

One of the biggest retail stories as we head into 2020 is how India is a battlefield of digital commerce, along with a hotbed of retail innovation. The company was founded in 2016. The eCommerce retailer is said to be working with Catamaran and has started hiring workers for the operation per unnamed sources, Reuters reported.

Retail 108

Retail social media eBook Report 108

PYMNTS

MAY 13, 2019

In the unattended retail space, vending operators are also becoming more aware of the shifting behaviors of their shoppers and the need for swift and digital payment options. From Reis & Irvy’s to Vengo , merchants and technology companies are reinventing the world of vending technology through smart devices.

Retail 177

Retail Marketing eBook Atlanta 177

PYMNTS

JANUARY 16, 2020

Close the door and buckle up – retail automotive sales are getting an upgrade. If photos are well-organized, the company says, it will likely encourage customers to trust the listing and will help drive sales. Retail spending growth began to slow as we entered the fourth quarter,” he said. for both iOS and Android.

Retail 131

Retail Detroit Video Online 131

PYMNTS

DECEMBER 15, 2020

the current wholly-owned intermediate holding company of JD Sports Fashion Plc in the U.S., Also, the Mersho Brothers, who operate Shoe Palace, have been issued equity in Genesis so that they will have 20 percent ownership of the enlarged group in the U.S. Genesis Holdings Inc., 15) announcement. "We

California 220

California Hawaii Arkansas Nevada 220

PYMNTS

JULY 5, 2018

The Rockport Group, the ailing comfort shoe company, could soon have a new owner. Charlesbank Capital Partners LLC , a private equity firm, reportedly emerged as the only bidder in a planned bankruptcy auction for Rockport. The company is $287 billion in debt. Rockport bondholders assumed ownership of the company in 2017.

Company 100

Company Retail US Capital 100

PYMNTS

SEPTEMBER 29, 2020

Stripe led the round, and existing investors Y Combinator and Global Founders Capital participated, alongside a new investor, Bedrock Capital. By April, when the government had imposed lockdown measures, PayMongo saw thousands of retailers, including small entrepreneurs, restaurants and fast-food chains, signing up for its services.

Payments 300

Payments Capital Online Meeting 300

PYMNTS

JANUARY 24, 2021

is close to a deal to buy ATM operator Cardtronics , fending off two other bidders, according to the Wall Street Journal on Sunday (Jan. Instead of doing that, both companies opted to leave the table. Cardtronics boasts 285,000 ATMs in 10 countries, and is one of the biggest cash machine operators in the world, WSJ writes.

ATM 293

ATM Retail Operations Software 293

CB Insights

FEBRUARY 13, 2020

This growth has created major opportunities in the payments space, and companies like Stripe — the payments unicorn valued at a masive $35B — are hungry to capitalize on them. Today, it works with companies in over 120 countries spanning every industry, company size, and business model. Virtual card issuance.

Online 98

Online Company Retail Payments 98