The great retail re-opening is now being called the “great resettling” by many observers and J.Crew is its latest victim. According to several sources the preppy retail chain has been negotiating with its lenders since it canceled plans to take its Madewell subsidiary public. Madewell...
It’s understandably an anxious time for Main Street businesses, even as downtowns prepare to reopen. But what about the entrepreneurs who are still hanging onto their dreams of starting a retail business? It stands to reason that hopelessness – or at least a plan B...
While they try to stay on an even keel amid COVID-19, eatery owners throughout Britain are looking for Deliveroo to reduce the commissions on each delivery. The company takes a cut as high as 35 percent in addition to VAT (value-added tax) on select orders,...
OYO Hotels & Homes has named Troy Alstead, who previously served as Starbucks’ COO, as an independent member of its board of directors. The executive will have a “supervisory role” in its service and will offer advice to the founder and management on important business...
For all of the happy life moments in which they appear, paper checks are unloved. So are paper invoices that precede them. The seeming incompatibility of paper and digital payments is somewhat of an illusion, however. In point of fact, most businesses of any size...
Finablr has uncovered around $1 billion in debt hidden from its board, in the latest news in the scandal that has pushed sister company NMC Health into administration. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Businesses have a front-row seat to the market volatility resulting from coronavirus. As governments around the world work with financial institutions to connect these companies to capital, many firms are quickly recognizing just how drastically their financial worlds have been turned upside down. Get the...
With $68 million in combined venture capital funding, this week’s B2B FinTech investments are certainly not the highest they’ve been, but considering the current market, the latest rounds remain impressive nonetheless. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Any business that trades internationally or manages a global workforce will be familiar with the pain points of traditional cross-border wires and bank transfers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
