Hod Dead news and trends

Chase Shutters Chase Pay
Digital Payments // August 21, 2019

JPMorgan has discontinued its Chase Pay app that allowed users to pay with their smartphones in stores, according to a report by Bloomberg. The app will stop working in the early part of next year, but users will still be able to use Chase Pay...

MoviePass Suspends Service To Revamp App
Subscriptions // July 05, 2019

With MoviePass suspending its service for “improvements” to its service, the end could reportedly be in sight for the movie theater subscription service. The offering went from having 3 million users in its ranks to approximately around 225,000 in April, CNBC reported. The company wrote...

Payless ShoeSource Could End Up In Bankruptcy Again
Retail // February 11, 2019

Payless ShoeSource is reportedly gearing up for another round in bankruptcy court, with one news outlet reporting it could happen within the next two weeks. Citing people familiar with the situation, CNBC reported that as part of the potential bankruptcy the shoe retailer is looking...

Following Second Bankruptcy, Gymboree Plans To Close
Retail // January 18, 2019

Amid less expensive destinations for kids’ online clothing and declining traffic in malls, Gymboree Group Inc. plans to close following its second bankruptcy. The retailer, which has just under 950 locations, filed for protection from creditors in the U.S. Bankruptcy Court for the Eastern District of...

Quick Reads
Forever 21 Files For Bankruptcy; Plans To Exit Asia, Europe

September 30, 2019
Fast-fashion chain Forever 21 has filed for Chapter 11 bankruptcy protection. The company said it will close a large number of physical stores worldwide, CNBC reported on Sunday (Sept. 29). The filing will allow the retailer to continue operating while it attempts to reorganize the business and return to profitability. Forever 21 plans to close […]

Chase Shutters Chase Pay

August 21, 2019
JPMorgan has discontinued its Chase Pay app that allowed users to pay with their smartphones in stores, according to a report by Bloomberg. The app will stop working in the...

MoviePass Suspends Service To Revamp App

July 05, 2019
With MoviePass suspending its service for “improvements” to its service, the end could reportedly be in sight for the movie theater subscription service. The offering went from having 3 million...

Payless ShoeSource Could End Up In Bankruptcy Again

February 11, 2019
Payless ShoeSource is reportedly gearing up for another round in bankruptcy court, with one news outlet reporting it could happen within the next two weeks. Citing people familiar with the...