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Pier 1 Plans Sale As It Goes Bankrupt

PYMNTS

Bankruptcy Court in Richmond, Virginia. The company expects to operate its business in the normal course during this process,” Pier 1 said in its statement. Its customers will still be able to shop with the company, both at the stores that remain open and online. Court papers showed that Pier 1 valued its assets at $426.6

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Restaurant Business Serves Up Mixed Plate For 2020

PYMNTS

The 2020 outlook report from the National Restaurant Association was released today and it paints a picture of an industry dealing with the countercurrents of solid consumer spending and disruptive technology. In fact, by 2030, the National Restaurant Association expects that technology could completely change the face of dining.

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U.S. Regulations to Consider When Managing a Cryptocurrency Fund

Perficient

Since 2014, New York has only allowed crypto companies to operate in the state if they obtain a BitLicense, and even then, licensed companies are limited in the types of digital assets they can sell. Of particular significance is that in Virginia, banks may offer this service in either a fiduciary or non-fiduciary capacity.

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Grubhub, BJ’s Restaurants And Brewhouse Announce Partnership

PYMNTS

Grubhub , a mobile food ordering and delivery platform, is expanding its range of delivery and catering options once again, this time by announcing news of a partnership with another national leader in food services: BJ’s Restaurants and Brewhouse. Grubhub continues to expand its platform and consumer choice in online food delivery. .

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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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Deep Dive: Contactless Payments And Touch-Free Ordering: How QSRs Are Reopening Their Storefronts

PYMNTS

restaurants have permanently shuttered operations, and more than 110,000 anticipated closing their doors in April, according to recent estimates from the National Restaurant Association. Many eateries are thus reimagining their operations to offer guests touch-free ordering and payment experiences. Approximately 30,000 U.S.

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Macy’s Is Hiring 80,000 Employees For The Holidays

PYMNTS

Macy’s announced it is hiring 80,000 temporary workers for the holiday season, as well as adding more employees to handle online orders. The retailer said that around 23,500 of the seasonal positions will be based in facilities that support online sales, an increase of 5,500 positions compared to 2017. Macy’s, Inc.