To look into debt restructuring options that would provide the retailer more time to make a turnaround, JCPenney Co Inc has reportedly hired advisers. The retailer had talks with investment bankers as well as lawyers who specialize in helping troubled companies with debt restructuring as...
In the gig economy, early payment—not just ease or speed—can be a differentiator. 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....
FinTech firms are keeping tabs on the optimization curve of eCommerce merchants — and how their payments needs evolve. Merchants might start with an off-the-shelf eCommerce platform and use that company’s payment solution. Alternatively, they might build their own websites and use a payment processor...
Tru Kids, the parent company of Toys R Us, is partnering with retail-as-a-service startup b8ta to launch a new curated store experience. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
With an unusual loss in U.S. subscribers, Netflix posted slightly less-than-expected top-line results, but came out ahead of Wall Street’s estimates for earnings. The online entertainment streaming company reported revenues of $4.92 billion and earnings per share of 60 cents compared to expectations of $4.93...
Finding good, qualified and reasonably priced daycare in the U.S. is a challenge — particularly in expensive urban areas and remote rural areas. In 31 states and the District of Columbia the average cost of childcare for a year outstrips the cost of tuition at...
To help travelers and locals navigate cities without needing to lug around their bags, digital platforms are connecting consumers with businesses for luggage and bag storage. One example is Bounce, which offers luggage storage in local hotels and shops. CEO Cody Candee started the company...
The competition among mobile ordering apps for share of stomach is fierce and shows no signs of letting up. According to the latest Mobile Order-Ahead Tracker, the volume of orders placed via mobile apps increased 130 percent between 2016 and 2018, and mobile orders now...
Gourmet grocer Dean & DeLuca continues to struggle due to increasing competition. 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...
