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Charlotte Russe Closing 95 Stores After Chapter 11 Filing

PYMNTS

Charlotte Russe, a retailer aimed toward young women’s fashion, has filed for Chapter 11 bankruptcy protection, according to reports. The retailer, which has more than 500 stores across the country, including 10 stores called Peek Kids, will close around 95 locations while it continues to search for a buyer. The bid for $5.2

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A Bank Automation Summit Preview: Dissecting the Intersection of Real-time Payments and Automation

Perficient

Perficient is looking forward to joining this conversation with other financial services and payments experts at the upcoming Bank Automation Summit in Charlotte, North Carolina on March 2-3. With all this considered, key strategic topics like buy vs. build, risk, and operational readiness cannot be ignored.

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Today In Payments: Purchases Using Voice-Assistants Up 10 Pct; Afterpay Goes In-Store Nationwide With Major Retailers

PYMNTS

In today’s top news, purchases via voice assistant are up 10 percent year-over-year, and Afterpay is now available in-store nationwide with major retailers. Afterpay Goes In-Store Nationwide With Major Retailers. 13) unveiled its iPhone 12, which as was widely expected, operates on high-speed 5G networks. on Tuesday (Oct.

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Simon CEO Won’t Promise Tough Retail Times Are Over

PYMNTS

While the CEO of the country’s biggest mall owner thinks that retail store closures will slow down this year, he added that he “can’t guarantee it.”. “I His latest comments come after Simon admitted in February that he was “nervous” about additional retail bankruptcies happening during the first quarter.

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Big US Mall Operators Look To Sports Entertainment For Growth

PYMNTS

Malls are not exactly the hotspots of coolness and retail activity they once were. But operators of some of those shopping destinations continue to wield investment power as malls undergo remakes for the 21 st century. retailers so far this year than in all of 2018. is still operating, but renovations will start later this year.

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Retail Malls Look For New Innovations, Commerce And Otherwise

PYMNTS

What to do with retail malls? That is among the latest trends as retail reinvents itself, and technology and other trends force new uses for old commerce spaces. Mall of America is teaming up with University of Minnesota physicians and a Minnesota-based health care system to operate the clinic.”. Mall Leases. New Investment.

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Walmart’s Allswell Goes On Tour; Target To Expand Debut Of New Loyalty Program

PYMNTS

Startups in the eCommerce space have long enabled their customers to experience their products in real life (“IRL”) through temporary retail shops, and now, digitally-focused brands belonging to major retailers are taking a similar approach. Fashion retailer Charlotte Russe , which has over 500 stores in the U.S.,

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