PYMNTS

OCTOBER 21, 2016

The company also announced Nina Barjesteh as the new marketing chief and the creation of a new position of chief customer officer. 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.”.

Retail 55

Retail Marketing Profit and Loss Restructuring 55

PYMNTS

FEBRUARY 14, 2020

To recover following a lackluster display over the holidays, Modell’s Sporting Goods has brought on a series of advisers with the inclusion of a chief restructuring officer. The retail chain has encountered slumping sales and a competitive field from eCommerce, as well as big-box retailers, The Wall Street Journal reported.

Sales 52

Sales Restructuring Forecasting Retail 52

PYMNTS

FEBRUARY 5, 2020

Macy’s announced it will be closing 125 department stores through the next three years, 20 percent of its locations, in an attempt to restructure and revitalize. CyberSource: Helping Merchants Prepare For eCommerce ‘Mini Peaks’. The traditional “peak” retail season is giving way to “mini peaks,” spurred by eCommerce promotional events.

Currencies 52

Currencies Banking Restructuring B2B 52

PYMNTS

DECEMBER 28, 2020

Pan Gongsheng as saying that officials criticized Ant for poor corporate governance, defiance of regulatory demands, illegal regulatory arbitrage, the use of its market advantage to squeeze out competitors and harming consumers’ legal interests. Will Chinese Authorities Force Ant To Restructure? . Reuters quoted central bank Vice Gov.

Restructuring 67

Restructuring Foreign Exchange Compliance Financial Systems 67

PYMNTS

JULY 29, 2020

Belk, which Sycamore acquired in 2015, and JCPenney have grappled with decreasing sales as they face rivalry from eCommerce merchants and newer brands. The Sycamore roadmap entails having 250 JCPenney retail locations take on the Belk branding in some markets. The news comes as JCPenney said on May 15 that it would file for Chapter 11.

Restructuring 63

Restructuring Retail eCommerce Sales 63

PYMNTS

SEPTEMBER 24, 2020

Pricing also depends on more intangible factors such as sales, operations and marketing. We’ve seen Walmart throw down the gauntlet on eCommerce, going public with its plans to hire Amazon-like numbers for its fulfillment centers. But they have evolved enough to send consumers happily to eCommerce sites.

Restructuring 64

Restructuring Retail eCommerce Communication 64

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. That big jump in market share is explained by the massive uptick in sales on Amazon in the last five years.

Numbers 77

Numbers eCommerce Healthcare Sales 77

PYMNTS

JANUARY 5, 2021

Deirdre O’Connor, managing director of Corporate Restructuring at Epiq, said in the release that the higher Chapter 11 filings came from "preexisting distressed companies coupled with the onset of a zero-revenue environment.". However, Epiq officials said in the release that recent government financial aid will help those numbers. “The

Restructuring 63

Restructuring Numbers eCommerce Retail 63

PYMNTS

APRIL 2, 2019

As the retail sector continues to undergo restructuring, a number of retail real estate markets face more vacancies and falling rents. Sears , which started out in the 1880s as a mail-order catalog and then morphed into one of the nation’s biggest department store chains, has been felled by eCommerce and physical retailers.

Restructuring 50

Restructuring Construction eCommerce Retail 50

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. A Flipkart spokesman declined to provide a comment on the market speculation. As such, India has become a hotspot for eCommerce companies to invest and expand.

Valuation 40

Valuation Restructuring eCommerce Investments 40

PYMNTS

JUNE 9, 2020

Related Companies and Oxford Properties, developers of the upscale megamall on Manhattan’s West Side, are said to be marketing other retail space in the mall as well, according to the New York Post. The study concludes that “ the spike in eCommerce is likely here to stay, even post-pandemic.”.

Restructuring 52

Restructuring Retail eCommerce Finance 52

PYMNTS

MARCH 2, 2017

Separately, in the land of securitizations, Kabbage is marketing a $500 million securitization of small and mid-sized business loans, according to trade reports, that will be used to refinance an older deal, Global Capital reported. That deal will be marketed next week, the second week of March.

Restructuring 55

Restructuring eCommerce Marketing Investments 55

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 43

Restructuring eCommerce Investments Sales 43

PYMNTS

OCTOBER 1, 2019

German shipping and logistics company Deutsche Post DHL has investment and expansion plans to capitalize on the growing eCommerce space worldwide, according to a report from Reuters. It aims to see better profits by restructuring and raising prices to raise its 2019 forecast, despite potential global trade difficulties ahead.

Investments 40

Investments Restructuring Forecasting eCommerce 40

PYMNTS

FEBRUARY 15, 2019

At the time, the retailer was reportedly looking at selling or restructuring the company, as well as closing one third or more of its retail stores. Chief Executive Officer Richard Barry, adding that “a significant amount of market share has been left on the table.”. That’s certainly our intent, to be in a position where U.S.

Restructuring 50

Restructuring Retail eCommerce Sales 50

PYMNTS

MAY 18, 2018

According to a report in The Wall Street Journal ( WSJ ) , the president said in the order that the USPS was “on an unsustainable financial path and must be restructured to prevent a taxpayer-funded bailout.”. Trump also said that the USPS has to “compete fairly in commercial markets.”.

Restructuring 50

Restructuring eCommerce Retail Marketing 50

PYMNTS

OCTOBER 14, 2020

The big “day” is finally here — well, big two days to be technically accurate, as Amazon Prime Day, the eCommerce giant’s annual shopping holiday, is now a 48-hour event that began Tuesday (Oct. And the two-day event is this year performing a very different service than it does normally. The Prime Day Push . A Very Amazon Holiday Season.

Forecasting 72

Forecasting Restructuring Sales eCommerce 72

PYMNTS

JANUARY 7, 2021

Ant Group had planned to go public for $35 billion, which would have made it the largest IPO in market history. Ant was co-founded by billionaire Jack Ma, who also co-founded eCommerce giant Alibaba. Ant Group had $263 billion in outstanding consumer loans as of June 2020. China TransInfo Technology Corp.

Restructuring 56

Restructuring Valuation Financial Systems Banking 56

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 40

Restructuring eCommerce Sales Investments 40

PYMNTS

APRIL 24, 2019

The expectations for eCommerce giant eBay ’s quarter may have been muted, and so the company’s latest quarterly results were better than expected. In terms of the headline numbers , eBay, which has been in the midst of a restructuring program, posted a top line of $2.6

Restructuring 49

Restructuring eCommerce Numbers Marketing 49

PYMNTS

FEBRUARY 14, 2019

One of the hottest battlegrounds in eCommerce these days — and that includes global, multi-pronged, behemoth eCommerce operators — is a firm in the physical world, the brick-and-mortar stores and chains that, for various reasons, are increasingly attractive to the likes of Amazon , Alibaba and others. Store Woes.

eCommerce 59

eCommerce Restructuring Retail Currencies 59

PYMNTS

AUGUST 1, 2018

Financial Conduct Authority decided not to take action against the Royal Bank of Scotland, following allegations that small business customers were mistreated by its Global Restructuring Group. The numbers fueled investor concerns that Adobe is eating into Shopify’s market share following Adobe’s acquisition of Magento in May for $1.68

Investments 40

Investments Restructuring eCommerce Sales 40

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 40

Restructuring eCommerce CFO Sales 40

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 52

eCommerce Benchmarking Restructuring Credit Risk 52

PYMNTS

AUGUST 23, 2018

The new Global Payments Architecture Report highlights how companies — including a player in the back-to-school market — are adjusting to the challenges of delivering products in the current global supply chain landscape and the ripple effects of the escalating global trade. News From The Cross-Border Payment Space. In fact, in the U.S.

Manufacturing 46

Manufacturing Restructuring eCommerce Transportation 46

PYMNTS

MAY 12, 2017

According to market research company NPD Group, there has been a reported 6 percent increase in prestige beauty sales over the past 12 months equaling $15.9 Bloomingdales, Macy’s and Kohls are all restructuring their brick-and-mortar locations in an effort to fight the eCommerce battle.

Retail 40

Retail Restructuring eCommerce Sales 40

PYMNTS

AUGUST 23, 2018

These changing market conditions are prompting companies in several different markets to adjust their supply chain strategies. German automaker Volkswagen , for example, recently announced plans to restructure its group components business to better meet the demand for electric vehicles. In the U.S., In the U.S.,

Restructuring 40

Restructuring Manufacturing eCommerce Sales 40

PYMNTS

FEBRUARY 8, 2019

Startups in the eCommerce space have long enabled their customers to experience their products in real life (“IRL”) through temporary retail shops, and now, digitally-focused brands belonging to major retailers are taking a similar approach. In 2018, the company lowered its debt from $214 million to $90 million in a restructuring deal.

Restructuring 54

Restructuring eCommerce Retail Startups 54

PYMNTS

FEBRUARY 5, 2018

It was challenged by selling a similar assortment of merchandise as its rivals and struggled adapting to eCommerce. In September, the retailer filed for Chapter 11 protection and hoped to begin a restructuring process that would allow it to revamp its long-term debt — nearly $5 billion.

Retail 51

Retail Restructuring Sales eCommerce 51

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 40

Profit and Loss Restructuring Forecasting eCommerce 40

PYMNTS

DECEMBER 20, 2019

Japan has passed a bill to boost Big Tech oversight as well, with a focus on eCommerce and app stores filing reports about their operations with the government.

Restructuring 52

Restructuring Financial Systems Construction eCommerce 52

PYMNTS

FEBRUARY 14, 2019

One of the hottest battlegrounds in eCommerce this days — and that includes global, multipronged, behemoth eCommerce operators — is a firm part of the physical world, the brick-and-mortar stores and chain that, for various reasons, are increasingly attractive to the likes of Amazon , Alibaba and others. Store Woes.

eCommerce 40

eCommerce Restructuring Retail Currencies 40

PYMNTS

JUNE 9, 2016

Rakuten’s Austria office will also be taken off the map, although, since the company plans on using its restructured resources to focus on growth in France and Germany, shoppers in Vienna, Salzburg and Innsbruck will still have access to the marketplace. “Rakuten will offer staff alternatives where these are available.”

Restructuring 40

Restructuring eCommerce Planning Sales 40

PYMNTS

MARCH 24, 2016

If Nordstrom is looking to strengthen its eCommerce capabilities, the retailer certainly looked to the right place in a recent hire. “Kumar’s extensive experience in strategy, product development and delivering technology solutions that support a great user experience, as well as his passion for the customer, will be invaluable.”

Restructuring 40

Restructuring eCommerce Retail Technology 40

PYMNTS

MAY 22, 2017

Retail has already taken a substantial hit due to overbuilding and eCommerce, said Wilson. The changing workforce and restructured job market could create as many jobs as it destroys, but they’ll be at the other end of the spectrum, requiring workers that design, produce and work alongside the robots.

Retail 44

Retail Restructuring Education Manufacturing 44

PYMNTS

MARCH 10, 2017

With eCommerce in full swing, many retailers are looking to restructure many facets of their operations. This is great news for retailers, as it allows them to reach new audiences in new markets all over the world. Naturally, with ease of market entry into various parts of the world economy also comes security concerns.

Restructuring 43

Restructuring eCommerce Technology Retail 43

PYMNTS

AUGUST 10, 2018

Steinhoff International Holdings NV, which acquired the company in 2016, has reportedly sought to restructure some of its subsidiaries’ debt. At the same time, brick-and-mortar retailers like Mattress Firm are up against a formidable force of eCommerce: They face a barrage of competition from bed-in-a-box eCommerce upstarts like Casper.

Retail 42

Retail Planning Restructuring eCommerce 42