PYMNTS

JUNE 8, 2020

Retail dispute management system Chargeback announced Monday (June 8) that it has closed a $6.6 Chargeback said the money will accelerate its growth and ability to help online and offline retailers decrease credit card disputes, achieve higher win rates and retain more revenue. million Series A1 funding round.

Retail 142

Retail Management Customer Experience Capital 142

PYMNTS

JANUARY 11, 2017

Lynch, the onetime chief executive of Frederick’s of Hollywood, have joined forces to provide a new avenue for funding to retailers. According to a report by Bloomberg , the two are making the move to capitalize on an overhaul of shopping malls. It’s also aiming the funding at struggling retail chains.

Capital 100

Capital Lending Retail Industry 100

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

JANUARY 7, 2019

While Toys R Us has disappeared from the United States, it is going strong in Asia, which plans to open 60 new stores throughout the region this year. We are cautiously optimistic,” said Jo Hall, Toys R Us chief commercial officer for Greater China and Southeast Asia. “We This follows Toys R Us shuttering all of its U.S.

US 149

US United States Regional Operations 149

PYMNTS

AUGUST 21, 2019

Commercial bill pay company Plastiq has announced that starting on Wednesday (Aug. Visa commercial cardholders will be able to use the Plastiq to pay vendors, even if they don’t accept credit cards, the company said in a release. . Bank Retail Payment Solutions. “We We worked closely with owners to develop the U.S.

Company 171

Company Cards Capital US 171

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 It was listed as one of the potential obstacles in the company’s financial goals for the year. “It

Retail 184

Retail America Operations Examples 184

PYMNTS

MARCH 9, 2018

Beleaguered toy retailer Toys R Us is in the midst of prepping plans to liquidate its U.S. 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. Toys R Us managed to garner a $3.1 As has been widely reported, the U.S.

US 107

US Operations Training Strategy 107

PYMNTS

JUNE 25, 2020

One of the new truisms of pandemic-era retail is this: If a retailer was in trouble before COVID-19 , that trouble will be magnified because of it. That “troubled” group of companies continues to struggle, seeking Chapter 11 or other financial lifelines. billion in new financing, could stabilize the company.

Retail 141

Retail Strategy Meeting Groups 141

PYMNTS

NOVEMBER 28, 2018

retail outfit that sells children’s clothing, is mulling whether to shutter more than half of its 900-store base, Reuters reported Tuesday (Nov. Gymboree was one of a wave of 20 retailers that have filed for bankruptcy since the start of 2017. Gymboree, the U.S. 27), citing people “familiar with the matter.”.

Retail 152

Retail Capital Branding Management 152

PYMNTS

JUNE 10, 2020

As retail reopens and starts to spur some optimism for the future, a dark number appeared on the scene on Tuesday (June 10). Coresight released a report that says 25,000 retail storefronts will close by the end of the year. After all, they have access to capital, and they have shown strong balance sheets in the past.

Retail 131

Retail New York City Online Trends 131

PYMNTS

NOVEMBER 6, 2019

Ikea and Hennes & Mauritz ( H&M ) are putting money into technology startups as a way to help them sidestep retail disruption, the Financial Times (FT) reported Wednesday (Nov. Lately, the firm has also been putting money into venture capital investments. Partly, we need it now as our business is transforming.

Retail 103

Retail United States Capital US 103

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

MARCH 14, 2018

The end, it seems, is near as far as Toys R Us is concerned, as reports are emerging that the liquidation of the retailer’s assets may be coming soon. Such a move would kick off the winding down of the retail brand, ending a half century in business. The company accounted for 15 to 20 percent of U.S. 2017 with $4.9

US 108

US Branding Retail Capital 108

PYMNTS

OCTOBER 1, 2020

Russia-based eCommerce company Ozon , often compared to Amazon , is preparing to file for an initial public offering (IPO) in the U.S., The company, which could be valued between $3 billion and $5 billion, was boosted by the pandemic's shift to much digital shopping. according to The Wall Street Journal (WSJ).

San Francisco 192

San Francisco US Online Capital 192

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

JANUARY 18, 2021

If the company chooses to proceed, the IPO could be the largest market debut ever made by a Southeast Asian company on a foreign exchange. Reuters added that the company declined to comment on its plans. Sources told Reuters that Grab is looking to take advantage of the red-hot IPO market in the U.S.

Fintech 198

Fintech US Groups Management 198

PYMNTS

JUNE 13, 2018

Holdaway, who has an MBA from Harvard Business School, joins Barclays after 15 years at Capital One , where he held a variety of senior leadership roles in new business initiatives, internet acquisitions and partnership finance. and Germany. The division processed more than £320bn in payments in 2017.

Capital 100

Capital Cards Delaware Payments 100

PYMNTS

MARCH 20, 2018

As sad as the end of Toys R Us may be, the iconic toy store is far from the only retailer struggling these days — and it’s not the only one throwing in the towel this week. The Latest from Toys R Us. The Easter bunny will not be paying a visit to Toys R Us this year, unless it’s to get a discount on toys for Easter baskets.

Retail 142

Retail US Regional Florida 142

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

JANUARY 29, 2019

The toy industry saw a dip in sales during its first holiday season without Toys R Us. But Lennett noted that the 2 percent decline was still a “solid performance,” considering that Toys R Us was estimated to account for 10 to 15 percent of all toy sales before it shut down all of its U.S. customers spent $21.6

US 109

US Groups Industry Capital 109

PYMNTS

SEPTEMBER 20, 2019

Retailers are testing drone delivery to grow their omnichannel offerings and provide “store to door” on-demand service to their customers. Walgreens , in one case, plans to pilot drone deliveries in Christiansburg, Virginia starting in October by partnering with Wing, a member of the Alphabet family of companies.

Retail 112

Retail Las Vegas San Diego Virginia 112

PYMNTS

OCTOBER 30, 2017

Toys R Us , the nation’s largest toy retailer, is rolling out an augmented reality (AR) mobile app for smart devices, according to news from Chain Store Age. Back in September, the company filed for bankruptcy in the hopes that it would be able to restructure its more than $5 billion in debt.

US 104

US Retail Mobile Capital 104

CB Insights

FEBRUARY 13, 2020

As businesses and consumers become more comfortable using credit cards online, the proportion of US commerce that takes place online has steadily increased over the last 20 years. Today, it works with companies in over 120 countries spanning every industry, company size, and business model. Online and offline payments.

Online 98

Online Company Retail Payments 98

PYMNTS

JANUARY 5, 2021

Deirdre O’Connor, managing director of Corporate Restructuring at Epiq, said in the release that the higher Chapter 11 filings came from "preexisting distressed companies coupled with the onset of a zero-revenue environment.". However, Epiq officials said in the release that recent government financial aid will help those numbers.

Study 159

Study US Retail Capital 159

PYMNTS

NOVEMBER 5, 2020

The report stated Google Pay works with most broad payment forms, including big banks like Wells Fargo , Capital One or other similar FIs. The company brought with it merchants, including Sephora, Journeys and rue21. One of the FIs that added Google Pay recently was Swedish buy now, pay later (BNPL) giant Klarna , PYMNTS reported.

Google 158

Google US Payments Apple 158

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. “It 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

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

SEPTEMBER 19, 2017

The retail death spiral drags on, and this week we have a new victim: Toys “R” Us. billion buyout by private equity investors KKR, Bain Capital, and Vornado Realty Trust. billion buyout by private equity investors KKR, Bain Capital, and Vornado Realty Trust. And it is a lot of debt: $5 billion at last count.

US 103

US Retail Customer Experience National 103

PYMNTS

SEPTEMBER 21, 2017

The brick-and-mortar experience of Toys“R”Us most millennials remember from childhood — with its massive supply and aisles upon aisles of toys — is looking likely to become a relic of a bygone era in retail. We haven’t had the capital to do it.”. The selection at Walmart and Target is not as big.”. We know we need to do it.

US 115

US New York City New Jersey New York 115

PYMNTS

DECEMBER 17, 2020

GoCardless has landed $95 million in a Bain Capital Ventures-led Series F funding round. The British FinTech will harness the infusion to speed up the firm’s open banking roadmap, letting retailers transparently and expediently handle instant payments. BNPL Provider Openpay Launches In US.

Fintech 142

Fintech US Payments United States 142

PYMNTS

OCTOBER 9, 2018

Pershing Square Capital Management, the activist hedge fund controlled by activist investor William Ackman, now has about a 1.1 This comes as its loyalty program and mobile app are driving business, with 39 percent of the company’s sales in the U.S. percent stake in Starbucks. coming from those venues.

Capital 128

Capital Management Conference New York 128

PYMNTS

SEPTEMBER 5, 2019

5) the launch of Stripe Capital to simplify the way internet companies can access funds. It remains difficult for online businesses to get access to capital. Even those companies that can get loans spend hours and hours on paperwork only to wait weeks and sometimes months to get the money, the release indicated.

Online 152

Online Capital United States Company 152

PYMNTS

AUGUST 23, 2017

Cloud-based software firm Tulip Retail , which provides a mobile app suite for store associates in retail settings, has raised $40 million in its latest funding round. The round was led by American venture capital firm Kleiner Perkins Caufield & Byers.

Retail 101

Retail Software Mobile Online 101

PYMNTS

MARCH 23, 2018

The founder of Toys R Us passed away yesterday (March 22) at the ripe old age of 94, barely a week after news broke that the toy chain would be closing its doors for good. Millennials across America singing “I’m a Toys R Us kid” in as solemn a fashion as possible this week are a testament to that. Toys R Us Is Born.

US 122

US Industry Washington Millennials 122

PYMNTS

JULY 6, 2020

consumer — and by extension, retailers. At a high level, late last month, the trade group known as the Business Roundtable — comprised of the CEOs of the biggest companies in the U.S. Retail added a bit more than 700,000 jobs. And on the other side of the summer lie vexing questions for retailers. The High-Level View.

US 196

US Course Retail Report 196

PYMNTS

DECEMBER 13, 2017

Retail is perhaps an unexpected entrant into the augmented reality (AR) and virtual reality (VR) market, but it’s proving to be an area in which being there virtually can be seamlessly substituted for being there actually. Retail may just sneak up and be the dark horse that pushes the AR/VR movement from niche play to mainstream tool.

Retail 159

Retail Branding Technology Tools 159

PYMNTS

NOVEMBER 19, 2020

Venture capital cash has been flowing this year to companies that plan to buy up sellers on Amazon and help them grow. million in venture capital this month; FBA Heroes , which netted a $65 million seed round, also this month; and Thrasio , which announced it had raised $260 million in July.

Capital 281

Capital Marketing Branding Groups 281