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Cabela’s Bids Expected This Week

PYMNTS

Struggling retailer Cabela’s is expecting bids this week for purchase. bank Capital One Financial Corp., Cabela’s investor Elliott Management last year disclosed an 11 percent stake in Sidney, Nebraska-based Cabela’s and is reportedly urging a sale to pull value out of the hard-hit by recent trends retail operation.

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Fat Brain Toys Navigates Pandemic With Agile Business Model

PYMNTS

On one side are the manufacturers and retailers that are waiting for the licensed products that drive the big sales. The pandemic has had a strange, though mostly positive effect on the toy industry,” Mark Carson , CEO of Nebraska-based Fat Brain Toys tells PYMNTS. We’re different from other toy companies,” he said.

Nebraska 142
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Here Are 35 Casualties Of The Retail Apocalypse And Why They Failed

CB Insights

Modern-day retail is at an inflection point as retailers face struggling physical storefronts, massive debt, and inefficient operations, among other issues. Formerly beloved brands such as Aeropostale, American Apparel, and PacSun bit the dust in 2016, and the pace of retail deaths has accelerated since then.

Retail 78
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Costco Wholesale Broadens Online Selection Amid eCommerce Growth

PYMNTS

Costco also plans to allocate more capital resources to expanding and supporting its operations. It has a chicken plant under construction in Nebraska and plans to start initial processing and production later this year. Galanti added that the second quarter’s warehouse space ended at 112 million square feet.

Online 130
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Walmart Amazon Whole Paycheck Tracker: New Expansions, Partnerships And Reorganizations

PYMNTS

John Cronin, an analyst at Goodbody’s, told the Financial Times that by using banking partnerships, Amazon could “significantly extend” its SMB lending platform, “without any associated credit risk of regulatory obligations (in the context of capital and liquidity and so forth).”.

Austin 131
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Sizzle Or Fizzle: Facebook, Online Lending, Cash – And The Twilio Surge

PYMNTS

But Facebook got the jump on the news cycle this week with the big news that it was opening up Facebook Canvas for retailers and other marketers on the site, as opposed to just advertis e rs. So, providing retailers with a new storefront in an ecosystem of 1.5 The venture capital backers are no doubt smiling. .

Lending 101
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Foot In Mouth: 43 Quotes From Big Corporate Execs Who Laughed Off Disruption When It Hit

CB Insights

Here’s IBM’s chairman minimizing how Amazon might transform retail and internet sales all the way back in 1999. “Amazon.com is a very interesting retail concept, but wait till you see what Wal-Mart is gearing up to do,” he said [IBM Chairman, Louis V. Gerstner Jr.].

Bitcoin 78