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Retail Pulse: Brookstone Files For Bankruptcy; Kroger Launches New Delivery Service

PYMNTS

Brookstone , a specialty retailer known for massage chairs and gadgets, used to be a must-see mall retailer. malls, Brookstone is now the latest major brick-and-mortar retailer to announce that it has filed for bankruptcy protection. Both have operations online under new owners, reported The Wall Street Journal.

Retail 100
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Why Panera Does Its Own Delivery

PYMNTS

Current CEO Blaine Hurst was the prime mover behind Panera’s first large-scale delivery test in Louisville, Kentucky, four years ago. The problems were myriad: Operational complexities were much bigger than anticipated, and finding a stable of qualified delivery drivers ended up being tough. It will either work, or it won’t work.

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Shipping Inconsistencies Plague Nonessential eCommerce

PYMNTS

Nonessential retail is highly dependent – in some cases, completely dependent – on eCommerce during the COVID-19 crisis. At half of the total eCommerce volume, its distribution center can deliver on time when operating normally, but the company has committed to an inconsistent set of priorities as necessary in this crisis.

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Amazon Tracker: By Land, Air, Sea

PYMNTS

Analysts expect the online retail giant to report a 25 percent increase in fourth-quarter sales to $44.7 Think of it as a subscription extensions of extension of the online retail giant’s popular STEM Toys & Games store, which launched in 2015. Amazon is expected to report its fourth-quarter 2016 earnings on Feb.

Kentucky 100
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Who were ICBA’s Top Lenders of 2022?

Independent Banker

We worked with them with loans to buy equipment and vehicles for delivery and the beginning operational cash needs of the business,” Bunnell says. Rowland with Greg Bynum, president and chief operating officer. Louisville. Wrentham Co-operative Bank. Marion, Ky. Asset size: $114 million. Ag lender score: 90.74.