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US eCommerce Up 49 Pct; Curbside Pickup Soars 208 Pct Since April 1

PYMNTS

The latest data on customer behavior comes as the Retail Industry Leaders Association (RILA) and National Retail Federation released a Blueprint for Shopping Safe. The next phase allows stores to reopen to the public with social distancing and limited capacity, similar to the way supermarkets are operating now. Last week, Texas Gov.

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Tuesday Morning Seeks Chapter 11 Bankruptcy Protection

PYMNTS

To decrease its outstanding liabilities and bolster its total financial position, Tuesday Morning Corporation said in a statement that it has filed for Chapter 11 bankruptcy to pursue “financial and operational reorganization.” The retailer, which was started in 1974 and is based in Texas, has roughly 700 locations throughout the nation.

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5 New Year’s Resolutions For Any Sized Bank That You Must Get Right in 2023

South State Correspondent

In addition, they may consider focusing on these five critical areas: Improve Operating Leverage. To improve the quality of their earnings, banks need their number one focus to be on making their operations more efficient. To the extent projects improve operating leverage and the total experience, so much the better.

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J.Crew Joins The Pandemic Bankruptcy Perp Walk

PYMNTS

The company operated 182 J.Crew-branded stores, 140 Madewell stores and 170 factory stores as of March 2. The companies with the thinnest margins are the most vulnerable,” said Hugh Ray , a bankruptcy attorney for the Dallas-based law firm McKool Smith. Those plans were scrapped as the coronavirus pandemic took hold in March.

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Grappling With COVID-19, Airlines Shift From Passengers To Cargo

PYMNTS

777-300s, will transport medical supplies, eCommerce items and office equipment, flying between Frankfurt and American Airline’s base at the Dallas-Fort Worth airport. In a similar move, Cathay Pacific is considering operating cargo-only services on passenger jets to Japan, following significant cuts to the passenger network.

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Square Makes Zesty Catering App Acquisition

PYMNTS

The app had operations in Boston, Chicago, New York, Seattle, Los Angeles and Washington, D.C. With Square’s national scale and commitment to making commerce easy, we’ll be able to help buyers get food delivered from more of their favorite restaurants, while helping restaurants reach new customers and simplify their operations.”.

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Reinventing On-Demand Wheels In The Rideshare Era

PYMNTS

Alto , for instance, serves customers in the Dallas area who pay a monthly membership fee to receive a differentiated travel offering to take them from, say, uptown to the airport. That goal, Coleman said, begins with operating Alto on a new business model.

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