News

Retail
Charming Charlie Continues Brick-And-Mortar Comeback 18 Months After Bankruptcy
January 06, 2021

Women’s apparel and accessories retailer Charming Charlie hopes to have a big comeback in 2021 some 18 months after the firm fell into bankruptcy and closed all 261 of its stores. The chain — known for scarves, handbags, jewelry and more grouped by color —...

Retail
JCPenney Is Getting A New Start In 2021, But Its Old Problems Remain
January 06, 2021

JCPenney is starting the new year with a post-Chapter 11 restart, new owners, new financing and soon will have a new CEO. But the old problems that have faced Penney and other mall-based department stores remain, and it’s not clear how (or if) the company...

Retail
Hive Brands Aims To Become The Whole Foods Of Sustainable Products
January 06, 2021

New eco-friendly commerce platform Hive Brands hopes it can be sort of the Whole Foods of sustainable goods, as well as function as the equivalent of the Good Housekeeping seal of approval for ethically made products. Get the Full Story Complete the form to unlock...

Retail
Macy’s To Close 45 Additional Stores
January 06, 2021

As part of a three-year roadmap to close stores, Macy’s reportedly told staffers at roughly 45 locations that they will shutter by mid-2021. The department store retailer intends to close 125 stores by 2023, as unveiled in the past, CNBC reported. Get the Full Story Complete...

Retail
Mall Of America Adjusts Terms Of $1.4 Billion Mortgage
January 06, 2021

After reportedly missing payments amid the pandemic as shops closed for a time and occupants didn’t pay rent, Mall of America has changed the stipulations of its $1.4 billion mortgage and is current on the debt, CNBC reported. Get the Full Story Complete the form...

International
i2c Chosen To Fuel Pakistan’s First Digital-Native Financial App
January 06, 2021

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and...

B2B Payments
How SMBs Prepare For A New Era Of Employee Expenses
January 06, 2021

With the pandemic dramatically, and potentially permanently, altering the way business is done, the future of corporate travel remains uncertain. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

B2B Payments
Corporate Cards Flex Their Rewards Muscles To Support Business Growth
January 06, 2021

With businesses large and small increasingly turning their attention toward recovery efforts, the commercial credit card market is exploring ways to help their corporate card holders. As this week’s Commercial Card Innovation Tracker reveals, the industry is increasingly showcasing the opportunity in value-added benefits and...

B2B Payments
Amid Rising Disruption, Fleet Data Smartens Up To Cut Costs
January 06, 2021

The coronavirus crisis threw a wrench in many supply chains all over the world, with organizations and their third-party logistics providers still reeling from the disruption. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...