article thumbnail

How Payless Beat Back Bankruptcy (And What Retailers Can Learn)

PYMNTS

There are rarely second acts in retail — particularly once bankruptcy is in play — but, every so often, the unexpected happens. Last week, footwear retail company Payless ShoeSource was one of those unexpected stories, a company pulled into the bankruptcy whirlpool but getting plucked out before being sucked all the way down to the bottom.

Retail 153
article thumbnail

Temenos to Acquire Kony: So What?

Gonzobanker

Temenos leadership – first Akcelerant founder Jay Mossman and then Akcelerant/FIS/Sanchez veteran Emily Steele – wins points with the Cornerstone team for straight talk and course-correcting to avoid the common international player sin of over-commitment and under-delivery. This third U.S. launch effort appears to be on a solid pace.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Blooom Announces $4 Million Series A Round Led by QED Investors

Fintech Labs Insights

The company’s leadership team includes former investment banker Greg Smith who penned the notorious “Why I am Leaving Goldman Sachs” piece for the New York Times in 2012. Founded in February 2013 and headquartered in Overland Park, Kansas, blooom demonstrated its platform at FinovateFall 2014 in New York .

Kansas 12
article thumbnail

Amazon Walmart Whole Paycheck Tracker: Better Delivery By Any (And Every) Means

PYMNTS

This week was one of the latter, as Walmart hosted its investor meeting in Arkansas and Amazon decided this week’s menu of technological innovations in retail would be an all-you-can-eat buffet. That Amazon is making a major push into apparel retail is, at this point, well known to everyone. And that was just the serious stuff.

Arkansas 109