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Christopher & Banks Seeks Chapter 11 Bankruptcy

PYMNTS

Christopher & Banks said it has filed motions with the court to seek permission to maintain its operations by paying vendors and suppliers in the usual course of operations, paying staffer wages and benefits without disruption and the utilization of cash collateral. In September, Christopher & Banks reported a 70.9

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Today In Retail: Ethan Allen Projects 44.9 Pct Retail Written Orders Growth; Christopher & Banks Files For Chapter 11

PYMNTS

The company, which is based in Minnesota, showcases women’s apparel and accessories. 13, it operated just below 450 retail locations in 44 states. Christopher & Banks Corporation has voluntarily sought Chapter 11 bankruptcy in the United States Bankruptcy Court for the District of New Jersey.

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Intercepted: Live League Sports Revenue Drop May Take Years To Recover

PYMNTS

Online Betting, Game Platforms Pick up Sporting Gauntlet. The pandemic has already moved much of the sports action online, following the digital migrations of most other types of live engagement like concerts and casino gaming. DraftKings announced on Wednesday (Sept. DraftKings announced on Wednesday (Sept.

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Here Is the Latest Credit Data To Keep Your Bank Safe

South State Correspondent

and New York had the lowest increases in credit risk, while North Dakota, Iowa, and Minnesota had the lowest volatility and were the most stable. As such, office buildings are still undergoing a net operating income (NOI) reset, with the value of the properties dropping in a corresponding fashion.

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36 State Attorneys General settle with CarMax over non-disclosure of open safety recalls

CFPB Monitor

Any vehicles sold online, including through www.carmax.com or the CarMax mobile app, must also clearly and conspicuously disclose on the first page of the overall description of the vehicle or vehicle history report that the vehicle may be subject to an open recall for safety issues that have not been repaired.

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New Business Ventures Expected To Drive Amazon Q2 Earnings

PYMNTS

Earnings should reflect strength in the company’s increasing profitability and web services growth, but an increase in spending will lower operating income, according to analysts. Online sales were 64 percent higher than on a normal Monday.

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Should Unstaffed Stores Be Shelved?

PYMNTS

Farmhouse Market , a much smaller player in Minnesota, shows how automated retail can be adapted outside of big cities and tech hubs. Just last July, online retailer JD.com announced plans for 5,000 small, unmanned shops using smart shelves. Operators also might have overlooked the value of customer service for shoppers.