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National Retailers Paid Only 58 Pct Of April’s Billed Rent

National Retailers Paid Only 58 Pct Of April’s Billed Rent
National Retailers Paid Only 58 Pct Of April’s Billed Rent
May 13, 2020  |  Retail

With retail rent collection dropping precipitously, a new report found that 21 percent of 135 big chains weren’t paying any rent, or were paying only...

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JCPenney Seeks $450M In Financing Amid Potential Bankruptcy Filing
JCPenney Seeks $450M In Financing Amid Potential Bankruptcy Filing
May 13, 2020  |  Retail

As it mulls a potential bankruptcy filing, JCPenney is in discussions with lenders to secure funding of $450 million. The debtor-in-possession (DIP) financing would make...

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Platforms, Marketplaces Woo Gig Workers With Timely Payments
Platforms, Marketplaces Woo Gig Workers With Timely Payments
May 13, 2020  |  Gig Economy

Gig workers (freelancers if you prefer) are starting to get the attention and support they’ve earned. It’s been a long time coming — ask almost...

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Food Service Equipment Sellers Navigate An Uncertain Industry Future
Food Service Equipment Sellers Navigate An Uncertain Industry Future
May 13, 2020  |  B2B Payments

With restaurants switching their business models to curbside pickup or delivery only — or are outright shuttering their doors for the time being — the...

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Card Ecosystem Elevates Its Value Prop For Corporates
Card Ecosystem Elevates Its Value Prop For Corporates
May 13, 2020  |  B2B Payments

As commercial card transaction volumes climb, two of the industry’s biggest players – Visa and Mastercard – have each announced new solutions designed to enhance...

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COVID Creates A Seller’s Market In reCommerce
COVID Creates A Seller’s Market In reCommerce
May 13, 2020  |  Payment Methods

Whether it’s called “certified pre-owned” or just plain “used,” reCommerce has never been hotter. Online marketplaces are well-situated for a COVID-triggered digital shift, personified by...

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Pizza Delivery Platform Slice Nets $43M To Boost Online Ordering
Pizza Delivery Platform Slice Nets $43M To Boost Online Ordering
May 13, 2020  |  Investments

Online pizza delivery firm Slice was the beneficiary this week of a $43 million investment from private equity firm KKR & Co. Get the Full...

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Visa Expands Visa Token Service, Eyes eCommerce ‘Balancing Act’
Visa Expands Visa Token Service, Eyes eCommerce ‘Balancing Act’
May 13, 2020  |  VISA

Visa said Wednesday (May 13) that 28 new partners — spanning a range of gateway acquirers and technology partners —  are joining Visa Token Service...

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