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Off-Price Retailer Stein Mart Files For Chapter 11

PYMNTS

Off-price specialty retailer Stein Mart, Inc. filed for Chapter 11 bankruptcy in the United States Bankruptcy Court for the Middle District of Florida, Jacksonville Division amid a challenging retail climate and the pandemic, the company said in a statement. In July, Ascena Retail Group, Inc.

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Supermarkets Hoard Staples For Holidays, COVID Resurgence

PYMNTS

Anthony Hucker, CEO of Southeastern Grocers , a Jacksonville, Florida-based supermarket chain, told WSJ he placed orders for holiday hams and turkeys in June, July and August long before he typically does. We will never again operate our business as unprepared for something like this,” he said.

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EverBank selects FIS’ Digital One banking platform

BankInovation

EverBank, formerly TIAA Bank, is converting its consumer digital banking operations to FIS’ Digital One to kick off 2024. billion, Jacksonville, Fla.-based based EverBank operates as […] As the $34.6

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FIS to Help Stand Up Digital-Only Banks Within 90 Days

Bank Innovation

The Jacksonville, Fla.-based Fintech provider FIS aims to help financial institutions lacking the in-house firepower to launch their own direct-to-consumer digital-only banks to do so in just 90 days.

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Retail Pulse: FAO Schwarz To Open New Flagship; Amazon Expands Grocery Delivery

PYMNTS

Brick-and-mortar retailers have closed flagship locations in recent times, but sometimes these landmark stores make a comeback. The new store, which will be located at 30 Rockefeller Plaza, will feature multiple experiential retail components. The store will also offer magic shows and a grocery shopping experience designed for kids.

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Lowe’s Now Offers Prepaid Credit Cards For Construction Crews

PYMNTS

Lowe’s new service is built on the BizNow platform, which Jacksonville, Fla.-based based FIS launched early last year for financial institutions looking to extend services to small businesses, but the program also appeals to retailers, said Tracy Kirkland, vice president of Prepaid Product Development at FIS.

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How The Pandemic Made QR Codes Sizzle

PYMNTS

Only about half of those who said in March that they would return to physical retail after COVID-19 were still planning to stick with brick-and-mortar shopping. Jonker said the beauty of QR codes is that they offer a contactless payment that’s not completely bound to a structured retail environment.

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