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Report: ABG May Buy Bankrupt Ann Taylor Parent Firm Ascena

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Authentic Brands Group ( ABG ), the New York-based brand management company, could be the latest potential buyer of Ascena Retail Group , the recently bankrupt parent firm of Ann Taylor, Footwear News reported. Under a restructuring, the conglomerate would close its Canada, Puerto Rico and Mexico stores and its Catherines shops.

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Retail Pulse: Stein Mart Plans Amazon Locker Rollout; Dressbarn Stores To Close

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Brick-and-mortar retailers are joining forces with Amazon in moves that could help bring shoppers into their stores: Stein Mart , for instance, announced this week that it plans to roll out Amazon Hub Lockers at stores in 28 states. Ascena Retail Group is planning to shutter approximately 650 Dressbarn locations. From Next in the U.K.

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Popular Bank Implements Branch Realignment in the New York Metro Region to Enhance Focus on Communities and Small Business Support

PopularBank

SAN JUAN, Puerto Rico – October 28, 2020 – Popular, Inc. This realignment in our New York Metro market is consistent with our small business and retail services model in South Florida,” said Popular, Inc. As part of the realignment, select branches of Popular Bank will be consolidated, resulting in 11 branch closures.

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Popular turns 128 years old.

PopularBank

The pandemic, undoubtedly, has heightened the importance of financial viability and security for individuals and businesses alike. We continue to work alongside our retail and business customers to help them enhance their resilience and prosperity while finding ways to provide exceptional service. Virgin Islands and United States.

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Today In Payments: Puerto Rico Falls Prey To $4M Online Fraud; India’s Antitrust Investigation Into Amazon, Flipkart On Hold

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In today’s top news, at least four Puerto Rico government agencies were targeted in a $4 million online scam, and India’s court hit pause on their antitrust investigation into Amazon and Flipkart. Puerto Rico Falls Prey To $4M Online Fraud. Also, Flywire raised $120 million and acquired Simplee Healthcare.

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Bancolombia, First Data Team Up On eCommerce Solutions In Colombia

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The alliance, according to both companies, will focus on “building commerce technology solutions for merchants and facilitating access to the banking system” by providing “secure, efficient transactions” through technological improvements in Colombia. The two companies announced the agreement in a joint statement on Monday (July 25).

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Walmart Amazon Whole Paycheck Tracker: Grocery Upgrades, Entertainment Expansions

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The Go team is now part of Physical Retail Technologies group within Amazon — an entity created in 2017 to expand the efficacy, efficiency and profitability of the tech such that it could be used more expansively — and sold to other retailers looking to adopt cashierless technology. They were of primary concern to the senators.