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Business Wire | September 29, 2020
Agilysys, Inc. A leading global provider of next-generation hospitality software solutions and services, today announced that Caesars Entertainment - UK has expanded its existing relationship with Agilysys with the addition of its innovative new contactless food and beverage ordering solution, IG OnDemand, across its properties. A longtime user of Agilysys’ award-winning InfoGenesis POS, Caesars looked to Agilysys again to solve their touchless guest food & beverage ordering challenges...
fibre2fashion | February 04, 2020
Forever 21 has reached an $81-million deal to sell its retail business to a group that includes Simon Property Group, Brookfield Property Partners and Authentic Brands. The company is seeking approval to name the three as the lead, stalking-horse bidders in an auction, it said in a bankruptcy court filing. Rival bidders can make counteroffers till February 7. An auction will be held on February 10 if other bids are made. The US fast fashion retailer is planning to seek approval of the sale by Fe...
cnbc | January 22, 2020
Pier 1 announced earlier this month that it intends to close up to 450 locations, or almost half its fleet of 942 stores, as it unexpectedly reported quarterly earnings amid bankruptcy rumors. Some stores have already kicked off final closing sales. The company has yet to release a complete list of locations set to go dark. The retailers that stand to benefit from Pier 1′s possible demise, more than others, are Wayfair, HomeGoods, Target and At Home, according to an analysis by Telsey Advi...
Cision PR Newswire | August 25, 2020
Ally Lending, the personal lending arm of Ally Bank, a subsidiary of Ally Financial Inc. (NYSE: ALLY), today announced its partnership with Vyze, Mastercard's leading alternative financing platform for retailers. Ally's entrance into point-of-sale retail financing builds on its deep experience and rapidly growing footprint in healthcare and home improvement lending. Ally Lending will serve as the first installment loan lender on the Vyze platform, giving thousands of retail merchants acc...
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