Restaurants often prepare too much food for the lunch or dinner rush, but startups are providing them with an avenue to market their surplus meals. Canada’s Feedback, for instance, lets restaurants offer time-sensitive deals to diners in hopes of tackling this challenge. Josh Walters, who...
Luxury department stores are borrowing from the past to bring customers into their stores in the digital age. That is, retailers are taking a page out of a playbook set by retailers like the now-closed B. Altman, which served tea sandwiches in its Charleston Garden,...
In a development that is said to prevent Sears Holdings Corp. from closing all of its locations, Edward Lampert has reportedly won a bankruptcy court auction for the retailer. The hedge fund executive is said to have had negotiations with the retailer’s creditors and board...
Payless has hired an adviser to help it avoid a second bankruptcy less than 18 months after emerging from its first Chapter 11. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Indochino, the digitally-native made-to-measure menswear brand, has plans to expand in 2019. 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...
Saks Fifth Avenue has opened up a new restaurant as part of a $250 million project to boost business in its landmark New York City location. The company imported Parisian eatery L’Avenue to make Saks more than just a place to shop. Get the Full...
Fiserv, the financial services firm, announced on Wednesday (Jan. 16) that it would buy First Data, the payments processor, in a deal valued at $22 billion, marking a landmark deal in the FinTech sector. Get the Full Story Complete the form to unlock this article...
Blue Apron saw its shares jump 28 percent on Tuesday (Jan. 15) after the company revealed that it could become profitable this year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Banks are giving the nod to blockchain to aid in speeding trade finance, especially in Asia, where the government and industry associations have launched efforts. Elsewhere, South Korea is eying tax breaks to foster innovation in the sector.
