FINANCE

Bill Me Later becomes PayPal Credit; goes global

BY Dan Berthiaume

San Jose, Calif. – PayPal is rebranding its Bill Me Later online credit service as PayPal Credit. PayPal says it is making the name change as it moves credit more towards the center of our business, aligning it more closely with the overall brand.

In addition, PayPal plans to introduce PayPal Credit to the U.K. and Germany, based on requests from customers and retailers. The company also plans to expand PayPal Credit to other markets in the future.

Furthermore, since the PayPal Working Capital pilot program launched in September 2013, more than 20,000 businesses have collectively borrowed more than $150 million in PayPal Working Capital business loans through lending partner WebBank. The program is also expanding to the U.K. and Australia to fuel business growth.

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Windsor to update e-commerce site Aug. 29

BY Dan Berthiaume

Los Angeles – Specialty apparel Windsor will present a new look for the Windsor website on Aug. 29. The redesign is intended to make the site’s look and feel more customer-friendly.

New shopper features include easier navigation, larger and more vibrant images, social media component, creating a wishlist, find product in store, filter tool by size and color, customer reviews, easy and fast shopping cart procedure and total customer engagement.

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Lane Bryant is ready for some football

BY CSA STAFF

Leading women’s specialty apparel retailer Lane Bryant is kicking off football season with an exclusive NFL Capsule Collection.

The brand’s NFL Capsule Collection will feature several styles, including tank tops, scoop and V-neck tee shirts, and the teams include the Chicago Bears, Denver Broncos, Green Bay Packers, New England Patriots, New Orleans Saints, Philadelphia Eagles, Pittsburgh Steelers and San Francisco 49ers.

Team tee shirts are already available on the Lane Bryant website and will be available at select Lane Bryant retailers by mid-August. In addition to the collection, a tee shirt featuring the classic NFL shield will be available at all Lane Bryant locations and online.

“Lane Bryant is thrilled to partner with the NFL,” said Linda Heasley, president and CEO of Lane Bryant. “The exclusive NFL Capsule Collection will allow our customers who are football fans to purchase stylish team apparel fit for the sidelines and beyond.”

Lane Bryant operates 775 stores, and is a wholly owned subsidiary of Ascena Retail Group.

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