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Walmart Finds Buyer For ModCloth

PYMNTS

Go Global Retail announced its plans to acquire the assets of ModCloth from Walmart. ModCloth offers exclusive indie and vintage-inspired women’s clothing, shoes, handbags and accessories for 18- to 35-year-old women, while Go Global Retail is a brand investment platform for strategic investors in the consumer sector.

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Walmart’s Bonobos Cuts Staffers To Buoy Sagging Online Sales

PYMNTS

Walmart-owned men’s retailer Bonobos laid off staff on Monday (Oct. In 2017, the retail giant bought ModCloth and Moosejaw, and outdoor retail company. Modcloth was recently sold as well, to Go Global Retail. “We 7) in the light of continued losses by its parent company.

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Banks Should Make 2024 a True ‘Year of Digital’

Gonzobanker

In fact, according to Cornerstone’s What’s Going On In Banking 2024 report, 14% of banks and 20% of credit unions stated that they are less than 25% complete with their digital transformation. In the face of a digital vendor landscape teeming with activity and competition, financial executives have several key trends to consider: #1.

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eBay’s Head Of Payments On Localizing Buyer-Seller Experiences

PYMNTS

The COVID-19 pandemic is driving consumers online to shop and pay, and their rapidly changing shopping habits are forcing merchants to rethink their digital strategies. Around The Payments Orchestration Ecosystem. About The Playbook.

Payments 188
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Walmart Pushes Digital Innovation During Investor Day

PYMNTS

.” “We are getting to reimagine retail and our business … expect us to test a lot and fail a lot,” he said. The retailer purchased a 77 percent stake in Flipkart for $16 billion in May of this year as part of its longer-term global digital strategy. in the next fiscal year. percent by midday.

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Walmart Amazon Whole Paycheck Tracker: Logistics Upgrades, New Leadership

PYMNTS

Amazon spokesperson Jay Carney was the latest in Amazon’s upper ranks to once again dispute the idea that Amazon is an all-controlling monolith slowly but surely taking over all of retail. At a tech conference this week, Carney said Amazon accounts for a scant 4 percent of retail in the U.S. and less than 1 percent globally.

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QSRs Battle For US Sales With Online Delivery And Payments

PYMNTS

percent in 2017, Taco Bell has been drawing in customers with new food items, a Live Más marketing campaign and new nacho fries for $1. billion in domestic sales — More and more McDonald’s markets are lovin’ it as the iconic American burger chains continues to expand its delivery efforts. Market Differentiation. McDonald’s $37.5

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