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. Stores As Social Centers.

Community 269

Community Retail Strategy National 269

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 Groups 152

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

MARCH 15, 2020

A lawsuit filed in New York representing a trust of more than 100 creditors for Toys R Us claims that executives took bonuses they shouldn’t have and had inappropriate financial relationships with private equity owners, all while the company was crumbling due to increased competition from companies like Walmart and Amazon.

US 159

US Company New York Retail 159

PYMNTS

MARCH 9, 2018

Beleaguered toy retailer Toys R Us is in the midst of prepping plans to liquidate its U.S. Toys R Us’ situation is in flux, but reports say liquidation seems a likelihood amid dashed hopes that a buyer will come to keep the (toy) trains running, so to speak, or that the debt will be repackaged.

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. As indicated in its previous statements, the company will reduce corporate and management headcount by approximately 3,900. COVID-19 has significantly impacted our business.

Retail 141

Retail Strategy Meeting Groups 141

PYMNTS

JANUARY 18, 2021

Last week, Grab announced that its Grab Financial Group had raised $300 million in a Series A funding round led by Hanwha Asset Management and joined by K3 Ventures , GGV Capital , Arbor Ventures and Flourish Ventures. Founded in Malaysia in 2012, Grab is also known for its popular ridesharing and delivery services.

Fintech 198

Fintech US Groups Management 198

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.". “New consumers and businesses afloat,” said Kruse, per the release.

Study 159

Study US Retail Capital 159

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

JANUARY 15, 2019

Based in Manchester, AccessPay provides a digital platform for payments, cash management and treasury operations by integrating businesses’ back-end operations with their banks. The funds will be used to more than double its current headcount of about 50, reports said. Beringea, True Ventures and Route 66 provided $11.6

Security 143

Security US Payments Big Data 143

PYMNTS

APRIL 2, 2018

The bank offers corporate banking, retail banking, treasury management, capital markets, credit cards and wealth management services in a range of consumer and corporate offerings. An F-1 registration statement revealed the bank’s plans for an IPO in the U.S., seeking $100 million in share sales.

US 112

US Capital Regional Analysis 112

PYMNTS

JULY 17, 2018

In addition, sources say that Barclays is putting more capital behind its U.S. to stay relevant on a global scale,” said Magdalena Stoklosa, managing director and European head of Banks and Diversified Financials Research at Morgan Stanley. Other possibilities include rolling out its U.K. checking account offering. Last year, the U.S.

Delaware 101

Delaware US Capital Operations 101

PYMNTS

JANUARY 14, 2021

The round was led by Hanwha Asset Management , South Korea’s leading asset management company. Other investors in the round include K3 Ventures , GGV Capital , Arbor Ventures and Flourish Ventures , the release stated. Grab Financial Group had a productive 2020 in which it managed to increase total revenue by 40 percent.

Groups 204

Groups Regional Fintech Management 204

South State Correspondent

DECEMBER 8, 2023

In two days, you can hear from Chase, US Bank, Capital One, BMO, M&T, PNC, Citizens, Truist, Huntington, and more, a feat that can only be done at a conference of this caliber. Many banks expressed frustration over keeping small business banking housed within the retail bank channel.

Conference 195

Conference Retail Community Bank Technology 195

PYMNTS

MAY 19, 2018

There have been a number of great commercial jingles in the history of commercials — tunes so catchy that they stick, almost forever, and remind us of brand names simply by nature of being so catchy. Toys R Us ’ famous “Toys R Us Kids” jingle succeeded in doing that, and then some. Not a grain of salt — a whole container.

US 105

US Millennials Branding Retail 105

South State Correspondent

DECEMBER 6, 2022

Managers who grew CRE value in the last 40 years (when inflation was tame) may be unable to preserve real estate value or maintain cash flow when inflation is 6% to 10%, especially if inflation is volatile. This table assumes that management can pass along 70% of inflation to tenants, and 100% of inflation passes through expenses.

Analysis 195

Analysis Taxes US Management 195

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. In terms of Walmart’s other efforts, the retailer is also focusing on features such as grocery pickup.

Retail 100

Retail St. Louis San Diego Los Angeles 100

PYMNTS

NOVEMBER 13, 2019

technology investor Coatue Management, Afterpay announced in a press release on Wednesday (Nov. In connection with the investment, the two firms will form a strategic partnership “where Coatue will leverage its data science expertise to support Afterpay in its development of retail data analytics and future data-driven products.”

US 102

US Retail Analytics Data 102

Lex Sokolin

FEBRUARY 18, 2021

Here, for comparison, is similar data on venture capital funds?—?printing That is a 100% increase in capital looking for quality fintech assets. As an aside, this has always been a conundrum for us. This accommodates fintech multiples, and allows $4 billion of capital into the system to search for exits.

Capital 52

Capital Fintech US Lending 52

Lex Sokolin

FEBRUARY 18, 2021

Here, for comparison, is similar data on venture capital funds?—?printing That is a 100% increase in capital looking for quality fintech assets. As an aside, this has always been a conundrum for us. This accommodates fintech multiples, and allows $4 billion of capital into the system to search for exits.

Capital 52

Capital Fintech US Lending 52

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

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. Stripe Capital makes it easy for internet businesses to get the funds they need when they need them,” said Will Gaybrick, Stripe’s chief product officer.

Online 152

Online Capital United States Company 152

PYMNTS

AUGUST 2, 2017

AR/VR doesn’t, however, seem like an obvious entrant into retail spaces on first blush, particularly retail spaces that are already physical. In fact, InContext thinks virtualizing real experiences might help bring some of those erstwhile shoppers back to physical retail.

Retail 101

Retail Branding Data Technology 101

PYMNTS

JUNE 1, 2018

As Claire’s Stores seeks to attract investors and potential buyers, the retailer has gained approval to close 37 of its brick-and-mortar stores, which are primarily located in malls, Retail Dive reported. In all, the retailer, which has filed for bankruptcy , has been able to exit 130 leases. It even managed to garner a $3.1

Retail 103

Retail US Capital Management 103

PYMNTS

DECEMBER 14, 2018

Steve Madden is one retailer that publicly announced its efforts to move its supply chain operations out of China. . “We’re able to work with the clients on areas of trade and vendor finance, and supply chain financing,” Citigroup Chief Financial Officer John Gerspach said last week, according to reports.

Marketing 115

Marketing US Trends Conference 115

PYMNTS

MAY 26, 2017

B2B will never be the same because of the ‘C’ component,” said David Houser, senior vice president for international sales at the global supply chain management company HighJump. Woolworths’ stores are brick-and-mortar retailers selling food, clothes, homeware, gifts and more. As a consumer, I tend to be fickle,” said Houser. “I

Retail 115

Retail Operations Online Software 115

PYMNTS

AUGUST 21, 2019

Now, those cardholders can use Plastiq with the card to get even more rewards and have access to a greater threshold of capital. Bank Retail Payment Solutions. “We For a lot of businesses, commercial cards are the easiest way to get financing, and the cards allow for instant capital when needs arise.

Company 171

Company Cards Capital US 171

PYMNTS

NOVEMBER 18, 2016

Asia outpaced North America in funding volume for the FinTech world, and this week’s B2B venture capital roundup seems to reflect that, with several deals from VCs in the region. million Series C funding round with plans to use that money for B2B payments solutions. Their “ Pulse of Fintech “ report found $2.4

Fintech 100

Fintech US Capital Community 100

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. DCM Ventures and Coatue Management also participated in the deal. Ridesharing. Self-Driving Taxis.

Capital 109

Capital Las Vegas San Jose California 109

PYMNTS

NOVEMBER 14, 2018

hedge fund Tiger Global Management and existing investors Coatue Management and Valiant Capital. The funding round was led by hedge fund D1 Capital Partners, and came only six months after the startup closed on a $350 million round of investing. Instacart has raised $1.87 billion in total, with a $7.87

San Francisco 156

San Francisco Nashville Minneapolis Charlotte 156

PYMNTS

JUNE 21, 2019

With the bank branch of the future, large institutions such as Capital One and Fifth Third are aiming to create spaces that appeal to millennials around Chicago that provide technical support, financial advice and — in some instances — cappuccino. By the same token, Capital One has brought three Capital One Cafes in Chicago.

Chicago 120

Chicago New York City Florida Miami 120

PYMNTS

FEBRUARY 26, 2020

Cash management firm The Brink’s Company is acquiring a majority stake in the security services company G4S for $860 million (£660 million), The Brink’s Company announced on Wednesday (Feb. The acquisition does not include the G4S Retail Cash Solutions business or the cash operations in South Africa, the U.K.

Virginia 175

Virginia New York Operations Capital 175

PYMNTS

OCTOBER 18, 2019

Its supply chain provides brands and suppliers access to technology like inventory management, invoicing and financing tools. The garment trade has relied on supply chain managers and sourcing agents for a long time. The startup says it has 800 employees and plans to grow its U.S. team to over 100 from 17 in the next year.

Los Angeles 101

Los Angeles US United States Branding 101

PYMNTS

SEPTEMBER 8, 2016

Starting today and running through the end of 2017, travel-loving Capital One customers with either the Capital One Venture Card or the VentureOne Card will have a new perk to play with. Shank told us that, on average, users save about 17 percent, with a guarantee it is the lowest rate for those hotels.

Capital 100

Capital Cards US Customer Experience 100

PYMNTS

JUNE 10, 2020

OSMDV, Quona Capital, Saison Capital, Alter Global and other unnamed investors participated. The company was formed by Nipul Mehra, who is a former FlipKart senior director of retail and a former investor at Sequoia India. Indonesian wholesale eCommerce market Ula has announced that it has secured $10.5

Security 130

Security Capital Retail Regional 130

South State Correspondent

AUGUST 16, 2023

Even if your bank has limited consumer exposure, given that the consumer composes approximately 66% of the US economy, and, according to the yield curve and market pundits, we are all staring into a recession, paying close attention to consumer trends is critical. These are cash flow management tools that send a signal of future problems.

Trends 195

Trends Cards Capital Data 195

CB Insights

MARCH 28, 2023

Founded in 1857, Spain-based Santander is one of Europe’s largest multinational banks, with a market capitalization of around $60B, and a long history in retail, business, and commercial banking. Santander currently has 102M customers and over 14,000 branches worldwide, including the US, Europe, and Latin America.

Strategy 61

Strategy Fintech Capital Customer Experience 61