Neiman Marcus is reportedly leaving the upscale New York City Hudson Yards shopping center as it undergoes bankruptcy proceedings. The department store retailer had an opening party complete with a Liza Minnelli show just about a year ago for the expansive new retail location on...
Brooks Brothers is seeking court approval for a $305 million stalking horse deal it reached with SPARC Group LLC, which is partly owned by Authentic Brands Group (ABG). SPARC has also committed to acquiring a minimum of 125 Brooks Brothers stores, according to a Thursday (July...
Procurement teams have a lot on their plate. On top of acting as a key component of their enterprises’ broader payments and workflow digitization strategies, procurement departments are also central to optimizing spend and strengthening supplier relationships. Today, they’re managing this workload in a remote...
One of the biggest differences between a bank and a credit union (CU) is that unlike a for-profit bank, a CU is owned by its members. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Venture capital is no guarantee in times of market volatility, but this week’s B2B venture capital breakdown finds several companies managing to secure millions for solutions that enable B2B eCommerce, financial management and alternative lending. The most surprising deal of the week, however, was a...
Hundreds of thousands of Instacart customers are having their personal data sold on the dark web, including the last four digits of their credit cards, and the data could include people who used the popular delivery app as recently as this week, according to a...
Britain’s stores have become the envy of the retail world. 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...
Well, now what? 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...
When Indochino launched in 2007, the company wasn’t out to create a new template for the entire retail sector, just a better product with better prices and a better buying experience. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
