PYMNTS

JANUARY 5, 2021

In Epiq's report on 2020 bankruptcy statistics, the firm found that 2020 had the lowest numbers since 1989, with 529,068 over all chapters, according to a press release. Those numbers are a measuring stick for the economy, and Chris Kruse, senior vice president of Epiq AACER. “We

Restructuring 63

Restructuring Numbers eCommerce Retail 63

PYMNTS

SEPTEMBER 24, 2020

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. Online sales platforms lack dependencies for consumers, and that’s become crystal-clear this week.

Restructuring 64

Restructuring Retail eCommerce Communication 64

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.

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Restructuring Construction eCommerce Retail 50

PYMNTS

MAY 8, 2020

As the number of retail bankruptcies start to pile up from companies whose final destruction was caused by the coronavirus pandemic, we are about to see a massive round of close-out, going-out-of-business, liquidation sales,” says Forbes. Even before the effects of the COVID crisis, those companies have struggled to meet their numbers.

Mergers and Acquisitions (M&A) 63

Mergers and Acquisitions (M&A) Sales Restructuring Retail 63

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

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Restructuring eCommerce Investments Sales 43

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.

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Forecasting Restructuring Sales eCommerce 72

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.

Valuation 40

Valuation Restructuring eCommerce Investments 40

PYMNTS

SEPTEMBER 14, 2018

The impact of eCommerce had been particularly damaging for strip malls and community shopping centers, with The Journal reporting that around 3.8 At the same time, vacancies are being impacted by the move on the part of big-name retailers to reduce their store numbers during the past few years. was crawling out of the last recession.

Restructuring 53

Restructuring Retail eCommerce Numbers 53

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. The number of layoffs is said to be between 500 and 600 people. “On

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

DECEMBER 21, 2016

After disappointing third quarter financial numbers, clothing retailer The Limited may be be going in another direction. According to Bloomberg , the brand pulled in Kirkland & Ellis to be its legal adviser and Guggenheim Securities and RAS Management Advisors for help with a debt restructuring and any asset sale.

Restructuring 43

Restructuring eCommerce Retail Numbers 43

PYMNTS

DECEMBER 19, 2017

Store sales for the Wayne, New Jersey-based firm have declined 15 percent this holiday shopping season compared to last, and the number of brick-and-mortar toy stores shuttering after the holidays could reach as high as 200. Less-than-optimal holiday sales numbers may put a dampener on those plans , however. Toys R Us operated 879 U.S.

Sales 43

Sales Restructuring Retail eCommerce 43

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. The headline number was the highly watched same-store sales figure. All-in revenue jumped up 3.8

Profit and Loss 40

Profit and Loss Restructuring eCommerce Forecasting 40

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

MARCH 24, 2016

If Nordstrom is looking to strengthen its eCommerce capabilities, the retailer certainly looked to the right place in a recent hire.

Restructuring 40

Restructuring Retail eCommerce Technology 40

PYMNTS

MARCH 15, 2016

” The layoffs are just the most recent in a long-term restructuring plan, Darrow explained. Nordstrom did not identify any of the employees affected by the most recent round of job cuts, but it did confirm that a number of executives have left the company in recent months.

Restructuring 40

Restructuring Retail eCommerce Technology 40

PYMNTS

DECEMBER 1, 2017

All in, hackers managed to nab names, email addresses and phone numbers of 50 million Uber riders around the world, as well as the data of about 7 million drivers, which includes 600,000 U.S. drivers’ license numbers. It’s a big number – but it comes as a big discount for buyers offering $32.97

Valuation 57

Valuation Benchmarking Restructuring Numbers 57

PYMNTS

AUGUST 11, 2017

But, even if it seems staggeringly difficult — bordering on entirely impossible — to keep 200 separate strings of random letters and numbers straight in one’s head, the payoff is worth it. Leetspeak, the practice of replacing letters with numbers or symbols that resemble them, doesn’t actually deter hackers. Well, about that….

Numbers 47

Numbers Restructuring Securities eCommerce 47

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. The number of active Finn users has not been publicly disclosed.

Problem Solving 49

Problem Solving Communication Restructuring Accounting 49

PYMNTS

MAY 19, 2020

Securities and Exchange Commission, that would bring the number to 604 total, Fox Business reported. “There is a dialogue, and I’m told it has a lot to do with Amazon eager to expand its apparel business,” the source said, according to the outlet. JCPenney is also expected to have more store closings. According to the U.S.

Restructuring 110

Restructuring Retail eCommerce Securities 110

PYMNTS

MAY 19, 2020

Even eCommerce giant Amazon had to switch its priority to shipping essential household and medical items amid delivery delays. That means that while Amazon and other eCommerce players were forcing customers to wait weeks, Walmart was more or less able to honor delivery windows measured in days by leveraging its store network.

Retail 88

Retail Restructuring eCommerce Sales 88

PYMNTS

JUNE 9, 2016

While there’s probably less truth to that belief now that eCommerce has made shopping from home a year-round activity, a handful of retailers — like those that made this week’s Chapter 11 Watch — have to be hoping that higher temperatures and sunnier days do at least a little something for their bottom lines.

Restructuring 40

Restructuring Retail eCommerce Risk Management 40

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. Five Below is proving otherwise.

Retail 40

Retail Profit and Loss Restructuring eCommerce 40

PYMNTS

JULY 24, 2020

Nike Restructures Corporate Leadership In Digital Push . Salesforce has grown its Order Management products such as the function for firms to allow eCommerce shoppers finish transactions without exiting social media platforms. Treasury Secretary Steven Mnuchin Monday (July 20) to determine their must-haves for the new legislation.

Banking 63

Banking Leadership Restructuring Transportation 63