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Pier 1 Plans Sale As It Goes Bankrupt

PYMNTS

The Fort Worth, Texas-based retailer franchise said it filed for chapter 11 protection Monday in U.S. Its customers will still be able to shop with the company, both at the stores that remain open and online. Wells Fargo National Association and Pathlight Capital LP will allow the company to operate while finalizing sales.

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Elevate To Take Another Crack At An IPO

PYMNTS

Online lender Elevate Credit, Inc. Conditions now are different, however, with investors looking for new issues — and the Fort Worth-based firm is ready to try and surf that demand wave. and On Deck Capital, Inc. Still, lending can be a tough place to go looking for investor love — a fact that LendingClub Corp.

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Why Pets Are Pulling Retail Innovation’s Leash

PYMNTS

In a recent PYMNTS interview, company founder Andrea Chavez talked about bringing more online efficiencies to pet ownership. More recently, news emerged that Pawscout has secured $3 million in seed funding from Leadout Capital. Online pet pharmacies also are pulling greater weight in pet retail. Better Pet Tag. Pet Medicine.

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How Retailers Are Taking On Amazon’s Prime Day

PYMNTS

It’s also hard to ignore the traffic that Prime Day generates, with just over three quarters of online shoppers in a Digital Commerce 360 survey either “very likely” or “somewhat likely” to visit Amazon’s site during Prime Day. A membership does cost about $119 a year.). New Digital Presence. Bed Bath & Beyond Inc.

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Fintech Fundings: 102 Companies Raise $2.0 Billion in July

Fintech Labs Insights

HQ: Fort Worth, Texas. Online exchange (AQUSH) for consumer loans. Crowdfunding marketplace for small business capital. Crowdfunding marketplace for small business capital. Online invoicing platform. Total dollars raised YTD is $19.3 billion, double the $9.8 Alt-lender. Latest round: $545 million Debt.

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