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Pier 1 Plans Sale As It Goes Bankrupt

PYMNTS

The Fort Worth, Texas-based retailer franchise said it filed for chapter 11 protection Monday in U.S. The company expects to operate its business in the normal course during this process,” Pier 1 said in its statement. Its largest shareholders are Charles Schwab Investment Management and Dimensional Fund Advisors LLP.

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Battle For Pet Retail Dominance Gains Fresh Fuel

PYMNTS

Walmart is the latest example of the power of pets in retail — a power that is having significant influence among various merchants competing for the loyalty and dollars of pet owners. As well, if done well, pet retail can serve to increase foot traffic into bricks-and-mortar stores at a time when it is dearly needed.

Retail 116
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CVS Health Unveils Atlanta HealthHUBs; Target’s Digital Sales Rise Despite Slow Growth

PYMNTS

Retailers are aiming to help consumers manage chronic diseases as well as their overall health and wellness through new brick-and-mortar experiences. Through HealthHUBs, consumers are at the center of an unmatched retail health experience. CVS Health, however, is not the only retailer to bolster its health offerings.

Atlanta 131
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Fast Casual Saladworks Gets Fresh With New Locations And Restaurant Tech

PYMNTS

Saladworks also plans to plant corporate stores in key markets in Atlanta, Georgia and Dallas/Fort Worth, Texas over the next six to 12 months. Furthermore, the corporate stores will serve as a trial run for new ideas in restaurant technology and operational flow to increase efficiency.

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Is Hudson’s Bay Going To Buy Neiman Marcus?

PYMNTS

Two of the largest retail players in the luxury department store space – Neiman Marcus and Hudson’s Bay – may soon be joining their fortunes. This has left Neiman Marcus in a bit of a bind – and the fate of the 42 stores it operates in the United States a bit uncertain.

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CFPB announces new appointments to advisory groups

CFPB Monitor

Lynn Drysdale, Managing Attorney, Consumer Law Unit, Jacksonville Area Legal Aid, Inc., Retail Bank, Citibank, New York, NY. Arjan Schutte, Founder and Managing Partner, Core Innovation Capital, Los Angeles, CA. Dion Kidd Johnson, President, Chief Operating Officer and Chief Risk Officer, Western Bank, Alamogordo, NM.

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Airports Expand Range Of Digital Identity Technology

PYMNTS

Last month, American Airlines announced that it will be piloting a new touchless mobile identity system at Dallas/Fort Worth International and Reagan National airports that will allow passengers to verify their identities with their faces at the check-in desk. Or into a retailer, doctors office or stadium.