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Lackluster Earnings Tank Bed Bath & Beyond’s Stock Price

PYMNTS

Going forward, Temares outlined initiatives for the retailer, including adoption of a new technology model, finding a new chief information officer and establishing a strategic portfolio management office. two additional boroughs in New York City and Seattle.

Las Vegas 101
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Retail Pulse: Luxury Brands Eye Airport Retail; Panera Bread Tests Dinner Menu

PYMNTS

Luxury brands are looking to catch the attention of travelers who might be willing to explore new products. Bacardi Managing Director of Global Travel Retail Vinay Golikeri said, according to the outlet, “Over half of the people, when they travel and browse stores, they’re looking for something they can’t find back home.”

Retail 101
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Rescuing The Restaurant Business From App Decline

PYMNTS

Currently exiting beta in New York City, Fahmy’s new company, DineVite, claims to put the discounts back where they belong — with the restaurant owners. The model for the DineVite online and mobile app is actually similar to social media.

Miami 130
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The Walmart Amazon Whole Paycheck Tracker: The Delivery Edition 

PYMNTS

The clock is ticking — holiday shipping deadlines are approaching and the last of the holiday shopping procrastinators are either rushing to order online or resigning themselves to a last-minute trip to a crowded mall or shopping center to tough it out in line with all the other procrastinators. Surprise of the Week: The Bad Santa Sweater .

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Surviving The Retail Apocalypse: The Technologies And Trends That Can Help Brick-And-Mortar Thrive Again

CB Insights

E-commerce sales growth is pulling ahead of total retail sales ( 17% vs. 6% for year-over-year in Q4’17), and Amazon is controlling upwards of 40% of online sales in the US, according to the US Department of Commerce and Slice Intelligence, respectively. ” — Alistair Davidson, CFO, Ikea. Its membership fee revenue grew 12.6%

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Fintech Fundings: 21 Companies Raise $215 Million Week Ending Feb 19

Fintech Labs Insights

Wealth management platform. HQ: Houston, Texas. Risk management and compliance software. HQ: New York City. Security solutions for mobile apps and online services. Home buying & mortgage process management. Source: Crunchbase. Latest round: $15 million Private Equity. Total raised: $21.2

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