PYMNTS

MARCH 6, 2020

Walmart is apparently working hard at restructuring itself to win, particularly in regards to how it manages it growing its eCommerce business — operationally and logistically. eCommerce retail sales. During the same time period, Amazon’s eCommerce retail sales have grown from $83 billion to $294 billion.

Numbers

PYMNTS

FEBRUARY 23, 2017

The battle to become the ruler of the eCommerce world is a tough one to win. India eCommerce company, Snapdeal, is feeling the heat of online sales competition with its most recent announcement. The online marketplace shared that it is “restructuring” by laying off employees. While Flipkart has recently raised $1.5

Restructuring

PYMNTS

APRIL 29, 2020

Long before the coronavirus struck, brick-and-mortar stores faced extinction by a combination of eCommerce and bankruptcies. Bloomberg reported Tennessee-based CBL Properties, which owns 68 enclosed, outlet and open-air retail malls, is seeking advice on strategic and financing options, including restructuring.

Restructuring

PYMNTS

MARCH 2, 2017

In a nod to the continued competition in India’s eCommerce realm, intense as it is, Snapdeal has said that it is laying off staff amid a larger restructuring effort.

Restructuring

PYMNTS

MARCH 9, 2017

A source familiar with India’s top eCommerce company Flipkart told Reuters that the firm is hoping to raise as much as $1 billion in its latest funding round. One of Flipkart’s biggest competitors, India’s eCommerce company Snapdeal , shared that it is “restructuring” by laying off employees. While Flipkart recently raised $1.5

Valuation

PYMNTS

JANUARY 16, 2020

It has since morphed into a platform offering a full suite of services — mobile payments, savings accounts, personal investing, lending, and credit scoring. . In the quarter ending last September, Ant added $309 million to Alibaba’s bottom line, and the eCommerce giant traded its 37.5

Restructuring

PYMNTS

MARCH 23, 2017

Indian eCommerce firm Snapdeal is not for sale, the company says after reports that Snapdeal was in discussions with domestic rivals for a potential sale, said Reuters. The online marketplace announced back in February that it is “restructuring” by laying off employees. Snapdeal categorically denies having had any such discussion.

Restructuring

PYMNTS

MAY 8, 2020

“Both were already suffering from bloated debt levels that left them little able to respond to the sweeping changes in American retail over the past two decades, including the rise of eCommerce and the migration of young people from the suburbs to cities after the financial crisis,” the report notes. “In

Mergers and Acquisitions (M&A)

PYMNTS

SEPTEMBER 27, 2017

Those new funds, according to Toys“R”Us leadership, will go toward investing in the renovation and modernization of store locations across the nation, with a particular focus on improvements to layout, lighting and usability for customers. Toys“R”Us officially filed for Chapter 11 bankruptcy on Sept.

Finance

PYMNTS

APRIL 5, 2017

India’s second largest local eCommerce company, Snapdeal, has faced growing pressure from other native and international competitors, all of whom vie for a piece of the nation’s fast growing online market. Snapdeal’s eCommerce competitors in India significantly outpace it when it comes to overall investments.

Restructuring

PYMNTS

JANUARY 8, 2018

The company itself was acquired for $6 billion in 2013 by Ares Management and the Canada Pension Plan Investment Board. billion in debt and has grappled with the continued retail shift from brick-and-mortar stores to eCommerce. Neiman Marcus has been weighed down by $4.8

Restructuring

PYMNTS

OCTOBER 21, 2016

Fitch names rue21 as a retailer at a “high risk of default” because of its bond debt, declining foot traffic, competition from eCommerce and other retailers and “a lack of a compelling product line.”. Our direct-to-consumer business continues to drive our results with both brick-and-mortar and eCommerce growing double digits.”.

Retail

PYMNTS

FEBRUARY 7, 2020

Things were a bit more active on the Amazon front, with a big infrastructure investment pushing its market cap back over the $1 trillion line, a new B2B financing partnership with Goldman Sachs potentially in the offing and its expanding stores and services menu. Market Cap Watch: Back to the Trillionaire Club With Logistic Investments.

eCommerce

PYMNTS

JUNE 20, 2017

The issue that has developed over the last few years as a result of this direct-to-consumer (D2C) eCommerce approach is the effect it has had on more traditional, legacy retailers. Penney’s nosedive of more than 30 percent, the need to restructure to compete on the same level as D2C is clear. to produce TV shows and advertising.

Retail

PYMNTS

MARCH 9, 2017

With businesses everywhere increasingly looking to adapt to the connected consumer with new eCommerce strategies, the tides may have finally turned in regards to traditional retail efforts. One company speaking to this is clothing retailer Urban Outfitters.

Retail

PYMNTS

MARCH 22, 2018

after failing to restructure its debt or find a buyer, Reuters reported. Competition from eCommerce retailers such as Amazon and discount stores such as Walmart hasn’t helped the company either. Nearly 1 in 5 sales of the company’s products are made in a Toys R Us store. The retailer has over 700 remaining locations in the U.S.,

Restructuring

PYMNTS

JANUARY 9, 2018

With investments in its supply chain, new brands available online and in stores, remodeled retail spaces, an enhanced promotional strategy, streamlined discounts and a massive restructuring of its pricing scheme, the discount retailer has proven its interest in keeping pace with the eCommerce giant.

Sales

PYMNTS

AUGUST 16, 2018

The planet’s largest retailer by sales crushed their way through Q2, with bigger than expected gains in revenue, earnings, same-store sales and eCommerce sales than analysts were predicting before the numbers hit the wires. Also a highlight was eCommerce, with Walmart reporting 40 percent growth during the second quarter.

Profit and Loss

PYMNTS

MARCH 15, 2016

” The layoffs are just the most recent in a long-term restructuring plan, Darrow explained. According to spokeswoman Tara Darrow, the cuts affect the organization at multiple levels and are intended to “ensure that the organization’s operating model is best prepared to support our company’s future growth goals.”

Restructuring

PYMNTS

MARCH 17, 2020

The company’s CEO, Alex Baldock, said that the about 300 large locations are “doing well, with footfall steady, and that is why we are placing a big bet on these stores and investing millions of pounds in them.”. Foot traffic in smaller stores, however, was down 16 percent and not making money.

Profit and Loss

PYMNTS

MARCH 16, 2017

per share, according to an average estimate of 14 analysts surveyed by Zacks Investment Research. Alber continued, “Entering 2017, we will continue to improve performance and increase our competitive advantage, with a focus on innovation in eCommerce, our products and service, and the retail experience. per share and earnings of $1.55

Leadership

PYMNTS

MARCH 2, 2020

We invest heavily in them to offer the latest styles and a truly experiential visit where they can see their kitchen in virtual reality. Primark is unique in that it has no eCommerce component. The investment needed to crack the U.S. And also in training our retail staff to offer the customer a fantastic service.”.

Retail

PYMNTS

MAY 3, 2018

Consider that the eCommerce giant has had some pull with major cities — the ones who didn’t make the cut for being a finalist in the competition on offer by the company as it seeks a site for its second headquarters. Is Amazon so big that it can change the real estate game in a way that might suit Amazon?

Transportation

PYMNTS

DECEMBER 1, 2017

All of this [bad] news is expected to impact the rather complex investment deal that Uber and a SoftBank-led consortium are trying to close in order to add $7 billion to the $10 billion flow into Uber’s coffers. eCommerce fraud and account takeover fraud are on the rise, and consumers should gird for some lumps of coal amid the holiday cheer.

Valuation

PYMNTS

JUNE 10, 2019

The iTunes storefront for purchasing music, movies and TV may remain up and running within the major apps, but it will be less of a central focus as Apple redirects its attention to the booming subscription eCommerce market. In May, the company raised $500 million in venture funding.

Problem Solving

PYMNTS

MARCH 23, 2018

What’s certain is that the company started cutting back on its stock and struggled — along with every other retailer — in the face of rising eCommerce popularity. In 2016, Toys R Us hired a law firm that specialized in corporate restructuring. Or maybe, as CNN Money suggested, it happened when Walmart undercut its prices on diapers.

Leverage

PYMNTS

FEBRUARY 16, 2017

million Series A investment to expand its e-commerce over mobile messaging platform. Instead, he noted, the early goal was to find a way to restructure e-commerce for the small screen mobile device — as opposed to just importing a lot of old frictions and then adding new ones overtop.

Problem Solving

PYMNTS

MAY 19, 2020

Areas where the company showed strength and invested the most energy to change offer clue as to how U.S. Even eCommerce giant Amazon had to switch its priority to shipping essential household and medical items amid delivery delays. Net income totaled $3.99 billion, up 3.9 percent from $3.84 billion a year earlier. Safety First .

Retail

PYMNTS

MAY 4, 2016

The fast-fashion retailer was not alone in coming into the year on a downward revenue trend, but unlike a lot of the brands in the same boat, H&M shows no indication of ceding the future of brick-and-mortar to eCommerce.

Retail