Brick-and-mortar retailers have sought to reduce their retail footprint in hard times, and Mattress Firm, Inc. is no exception. The brand could close between 600 to 1,000 of its 3,000 locations this year, according to some predictions – and is reportedly considering bankruptcy, people familiar with...
To help drive customers to its online ordering system, McDonald’s is rolling out a free food “for life” promotion. The winner will score a McGold Card that gives two free meals a week over a 50-year period, USA Today reported. Get the Full Story Complete the form...
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Following the downfall of Toys R Us and Babies R Us, JCPenney is planning to carry additional baby products at its stores located near former Babies R Us locations. Starting at the end of August, the retailer will stock more strollers, cribs and car seats,...
After years of steady, positive growth, DSW started to stumble in 2017 — particularly at the end. While some of it can be written off on account of bad weather — repeated hurricanes to be specific — its problems were wider ranging. DSW was one...
As China continues to weigh how to approach rising corporate debt, new data reveals rising corporate bond defaults this year, according to Reuters on Thursday (Aug. 9). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
It was a 2017 report commissioned by Google that caught Womply President Cory Capoccia’s attention. 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,...
A week of more than $200 million for B2B FinTech firms across the globe shows that venture capitalists’ support for the space continues. Asia-Pacific and North American startups took the lead this week, with funding going to small business (SMB) accounting, payroll, B2B eCommerce and...
Business software company Intuit has secured a patent for bitcoin payment processing, according to Coindesk reports on Thursday (Aug. 9). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
