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Blockchain Tracker: Is Retail Ready For Implementation Yet?

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Blockchain technology may be used widely in the financial services industry, but that doesn’t necessarily mean it will see a smooth transition into the retail sector. How blockchain can potentially be implemented in retail is still up in the air. At the International Economic Forum this month in St.

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Brooks Brothers Seeks Court Approval For $305M Stalking Horse Bid

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The retailer said it filed a motion in United States Bankruptcy Court for the District of Delaware to receive the go-ahead for the asset purchase deal with SPARC. The deal is subject to court approval as well as any higher or more attractive potential bids as part of the retailer’s continuing auction process.

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LVMH Eyes Ways To Change $16.2B Tiffany & Co Purchase

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social unrest have had on the retail vertical, Reuters reported. LVMH CEO Bernard Arnault said in November that Tiffany would “thrive for centuries to come” under his company’s management. LVMH is considering walking back its deal to purchase Tiffany & Co. billion due to the effects the pandemic and recent U.S.

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LVMH Withdraws From Tiffany & Co. Acquisition

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9) that it filed a suit in Delaware to have the deal upheld and contended that LVMH was harnessing the letter as an excuse to withdraw from the agreement. “We social unrest have had on retail. In November, LVMH CEO Bernard Arnault said Tiffany would "thrive for centuries to come" under the management of his firm.

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Barclays Eyes US Expansion

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to stay relevant on a global scale,” said Magdalena Stoklosa, managing director and European head of Banks and Diversified Financials Research at Morgan Stanley. Since then, it launched an online lender in Delaware, which collects term deposits to fund its large U.S. billion of deposits to its Delaware operation.

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Chase To Debut New Freedom Flex With Mastercard, Upgrades To Freedom Unlimited Card

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15 , the Wilmington, Delaware-based financial institution will introduce the Freedom Flex card and will upgrade the cash-back offerings for its existing Freedom Unlimited card. Chase has introduced a new credit card and improved the cash incentives for another. Starting Sept. issuers at Mastercard, in a statement.

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PayPal Teams With ebizmarts To Integrate With Magento

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PayPal has inked a deal with point-of-sale (POS) company ebizmarts to help retailers offer both POS and digital payments. PayPal said when combined, the technology can help retailers synchronize online inventory with products in stores. Making life easier for retailers isn’t the only thing PayPal is focused on these days.

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