Things Samsung Can Do that iPhone Can’t!

Samsung’s latest phone, the Galaxy S8, is packed with a lot of thoughtful features that you won’t find on the iPhone.

While the iPhone still has a slight edge over the Galaxy S8, there are plenty of things that set it apart from its biggest rival.

Here are the most important Galaxy S8 features you won’t get from the iPhone.

1. There’s an iris scanner that can be used to unlock the phone and access secure folders.

1. There's an iris scanner that can be used to unlock the phone and access secure folders.

Corey Protin

Samsung says it’s more secure than a fingerprint sensor. The iPhone only has a fingerprint sensor.

2. More screen. The S8 has a 5.8-inch screen. The S8+ has a 6.2-inch screen.

2. More screen. The S8 has a 5.8-inch screen. The S8+ has a 6.2-inch screen.

Antonio Villas-Boas/Business Insider

Compare that to the iPhone: The iPhone 7 has a 4.7-inch screen and the iPhone 7 Plus has a 5.5-inch screen.

3. You can charge the Galaxy S8 with a wireless charging pad. There’s also fast charging, which charges the S8 faster than normal.

3. You can charge the Galaxy S8 with a wireless charging pad. There's also fast charging, which charges the S8 faster than normal.

Antonio Villas-Boas/Business Insider

The iPhone does not have wireless charging. There’s also no fast-charging option.

4. You can plug in standard headphones thanks to the headphone jack.

4. You can plug in standard headphones thanks to the headphone jack.

Antonio Villas-Boas/Business Insider

Apple famously removed the standard headphone jack on the iPhone 7. You have to use a dongle if you want to plug in your regular wired headphones.

5. Samsung Pay can make payments on standard magnetic credit card readers.

5. Samsung Pay can make payments on standard magnetic credit card readers.

This is an older Samsung phone using Samsung Pay, but it works the same on the Galaxy S8.Antonio Villas-Boas/Tech Insider

You don’t need a special NFC pad like you do with Apple Pay.

6. The Galaxy S8 comes with its own virtual reality software, powered by Facebook’s Oculus.

6. The Galaxy S8 comes with its own virtual reality software, powered by Facebook's Oculus.

Antonio Villas-Boas/Business Insider

The iPhone can work with some VR headsets like Google Cardboard, but it doesn’t natively support VR and content is extremely limited.

7. The S8 has a heart rate sensor on the back.

7. The S8 has a heart rate sensor on the back.

Antonio Villas-Boas/Business Insider

Get your pulse on the go! You’ll have to buy an Apple Watch or another accessory if you want to measure your pulse using the iPhone.

8. You can attach the Galaxy S8 to a monitor, keyboard, and mouse with a special dock and run a desktop version of the smartphone’s operating system on a normal computer.

8. You can attach the Galaxy S8 to a monitor, keyboard, and mouse with a special dock and run a desktop version of the smartphone's operating system on a normal computer.

Business Insider/Antonio Villas-Boas

While features like this haven’t been proven, it could appeal to enterprises. You can only mirror your iPhone screen on an external display.

10. Samsung’s Galaxy S8 screen is more power-efficient and produces better colors.

10. Samsung's Galaxy S8 screen is more power-efficient and produces better colors.

Hollis Johnson

That’s because Samsung uses a screen technology called OLED. The iPhone still uses LCD, which doesn’t look as good as OLED.

Full Article here by Steve Kovach.

 

The retail apocalypse is accelerating

Mall traffic is sagging. Department store sales have been in decline since 2001. Most retailers are loaded up with debt. Many have been losing money. Now they’re running out of options. Store closings numbered in the thousands last year. This year they promise to get much worse. “Zombie malls” have become reality, their vast parking lots rented to car dealers to store their excess vehicle inventory.

But ecommerce sales are booming, including online sales by some brick-and-mortar retailers, such as Walmart and Macy’s:

wolf 1Wolf Street

Over-indebted retailers are notoriously difficult to restructure and many end up being liquidated. Unsecured creditors, such as suppliers and junior bond holders, are often left out in the cold. Even secured creditors can end up holding the bag.

April so far is huge for brick-and-mortar meltdown:

April 21 – Bebe Stores, a fashion retailer, announced, after four years of losses, that it would close all its 180 stores by the end of May and liquidate all merchandise and fixtures in the stores. It might also file for bankruptcy to get out of the store leases. It will only sell online.

Barely a month earlier, Bebe said it had hired a financial adviser to look at “strategic alternatives” and a real estate adviser “to assist with options related to its lease holdings,” at which point its shares plunged.

April 19 – Neiman Marcus, the luxury retailer with 42 stores around the country and two Bergdorf Goodman stores in Manhattan, announced that, in order to preserve cash, it would not pay interest on a bond issue in cash, but “in kind.” The payment-in-kind (PIK) option had been written into the bond covenant. At the time, creditors didn’t care. Now they’ll get the coupon on these $600 million in 8.75% notes for the next six months in form of more bonds of uncertain value. The already beaten-down notes traded at 56.7 cents on the dollar.

On March 3, sources told Reuters that Neiman Marcus has hired investment bank Lazard Ltd to help restructuring its nearly $5 billion in debt though it was, these sources insisted, in no immediate risk of bankruptcy.

The company was acquired by private equity firms in a leveraged buyout before the Financial Crisis and is now owned by Ares Management and the Canada Pension Plan Investment Board. They were going to dump it into the public’s lap, but the IPO was scrapped when the problems could no longer be hidden.

April 17 – Marsh Supermarkets was preparing to file for Bankruptcy, sources told the Wall Street Journal. Three weeks earlier, it stopped paying rent on six Indianapolis stores. Here too, there’s a private equity angle. Sun Capital Partners acquired Marsh in 2006 for $88 million in cash and the assumption of $237 million in debt. At the time it had 120 stores. Ten years of asset stripping later, the chain is down to 67 stores and going bankrupt.

April 11 – Arhaus, a furniture retailer that designs its own furniture and contracts out manufacturing, with 67 stores in 25 states, has appointed a “chief restructuring officer, two sources close to the situation said,” according to Debtwire. “This complements the co-advisory roles of Piper Jaffray and Candlewood Partners to explore a refinancing.”

In early March, Arhaus announced that CEO Adrian Mitchell, after just 13 months on the job, would be replaced by co-founder and Chairman John Reed. In 2014, private equity firm Freeman Spogli made a minority investment.

April 4 – Rue21, a teen apparel chain with over 1,000 stores, missed principal and interest payments on its debt and is preparing to file for bankruptcy as soon as this month, said “people familiar with the matter,” according to Debtwire.

Once again, there is a private equity angle: the company was acquired by PE firm Apax in 2013 for about $1 billion. Back in September 2013, problems were already piling up when JPMorgan, Bank of America, and Goldman Sachs had trouble selling the junk debt they pledged to sell to fund the buyout.

April 4 – Payless Inc., the discount shoe retailer with almost 22,000 employees and over 4,000 stores in 30 countries, filed for Chapter 11 bankruptcy. It plans to slash its debt in half. It said its restructuring plan has the support of creditors holding two-thirds of its first-lien and second-lien term debt. It said it would immediately shutter about 400 stores in the US and Puerto Rico. CEO W. Paul Jones blamed “the continued challenges of the retail environment, which will only intensify.”

Here too, a PE angle: Payless was acquired by PE firms Golden Gate Capital and Blum Capital Partners in 2012 when publicly traded Collective Brands was broken up.

And this is the March meltdown:

SearsA Sears store is seen on February 28, 2014 in Coral Gables, Florida.Joe Raedle/Getty Images

On March 20, Sears, the big whale that everyone is waiting for to wash up on the beach, came closer to washing up on the beach by acknowledging that it will likely wash up on the beach, when it said in its annual report that it had “substantial doubt” about its ability to keep operating as a “going concern.” It lost over $10 billion in recent years.

When will Sears finally file for bankruptcy? Not before the second half of 2017. That was our verdict in December, and we’re sticking to it. If it files before July 8, 2017, it might run afoul of the bankruptcy code’s two-year look-back period governing “fraudulent conveyance,” concerning what happened to Sears’ real estate.

On March 11, Gordmans Stores, with over 100 locations in 22 states, filed for Chapter 11 bankruptcy with plans to liquidate its inventory and assets. By the end of March, Stage Stores jumped in and offered to buy at least 50 of the stores.

Gordman’s is another PE firm asset-stripping special. It was acquired by PE firm Sun Capital in 2008 at the end of the leveraged buyout boom for an undisclosed price. In 2010, Sun Capital sold 30% of this shares in an IPO. Gordman’s got nothing. In 2012, Sun Capital sold more shares, slashing its ownership to 50%. In 2013, Sun Capital forced Gordman’s to issue a $70 million special dividend, of which Sun Capital got half. Of that dividend, $25 million came from cash holdings; $45 million was borrowed money. In total, Sun Capital obtained $140 million, likely exceeding the purchase price by good margin. And the party may not be over yet.

On March 10, Gander Mountain, after a failed expansion drive, filed for Chapter 11 bankruptcy. It will shutter 32 of its 160 stores. It had been taken private in 2010 by Gratco, a holding company controlled by Gander Chairman and CEO David Pratt, and Holiday Station stores, a gas-station retail operation.

On March 8, RadioShack, owned since 2015 by General Wireless, filed for bankruptcy for the second time. It will close about 200 stores and evaluate options on the remaining 1,300.

On March 6, hhgregg, an appliance and electronics retailer, filed for bankruptcy, after announcing a few days earlier that it would close 88 of its 220 stores, shutter three distribution centers, and shed 1,500 jobs.

On March 1: BCBG Max Azria filed for bankruptcy. The fashion retailer that once had more than 570 boutiques globally, including 175 in the US, started closing 120 of its stores in January.

The January and February meltdown:

  • Michigan Sporting Goods Distributors said it will liquidate its 68 stores and lay off its 1,300 workers.
  • Eastern Outfitters, the parent of Bob’s Stores and Eastern Mountain Sports, owned by PE firm Versa Capital, filed for bankruptcy.
  • Wet Seal filed for the second time in recent years. The teen retailer closed all its stores.
  • Limited stores, another victory for PE firm Sun Capital, shuttered all its 250 stores.
  • American Apparel, a manufacturer with 110 retail stores, which had filed for bankruptcy for the second time last November, said that it had started to lay off 2,400 workers and that everything would be shut down. Only the brand name was acquired by a Canadian firm.
  • InspirePOS Singapore, a pioneer cloud-based POS System provider, has just re-launched its new website.

Read the original article on Wolf Street. Copyright 2017.

The UK officially has a new best restaurant — and you can eat there from £18

The Clove Club

Shoreditch-based The Clove Club has officially been crowned the UK’s best restaurant.

The Michelin-starred London restaurant came in 26th in the World’s 50 Best Restaurant Awards, held in Melbourne on Wednesday, making it the highest-ranked restaurant in the UK.

It knocked The Ledbury off the UK top spot, which slipped from 14 to 27. Dinner by Heston was the only other UK restaurant to make the top 50, coming in at number 36.

The Clove Club offers a British Cuisine themed five-course tasting menu and an extended nine-course menu, as well as an a la carte offering. Menus change daily and are adjusted according to the season.

The five-course menu, which is available Monday to Thursday, will set you back £75 per person, while the nine-courser, available every night from Monday to Saturday, costs £110 a head. Wine pairing is available from £75.

However, a sample a la carte menu offers mains – like Pot Roast Cauliflower, Cinnamon, Bay Leaf & Toasted Bread Sauce – starting from £18, making a meal at The Clove Club more affordable.

The Clove Club started as a supper club from chef and owner Isaac McHale and partners Daniel Willis and Johnny Smith. Due to popular demand, a crowdfunding campaign helped it transition to a permanent restaurant.

The Clove Club 1

The Clove Club

A sample five-course tasting lunch menu includes the likes of Hay Smoked Dorset Char, Cornish Monkfish Cooked in Malted Barley Oil, Celeriac, Radish & Bacon, and Amalfi Lemonade & Kampot Pepper Ice Cream.

Scallops truff The Clove Club

The Clove ClubDishes featured in a sample a la carte menu include Two Little Pancakes of Lincolnshire Chicken & Long Pepper as a starter for £10.50 and Slow Cooked Fallow Pricket, Celeriac, Blackberry & Muscat Grapes as a main for £27.00.

TroutTart The Clove Club

The Clove ClubWant to make a booking? Evening diners are required to make a pre-payment via Tock, an online ticketing system, while lunch guests can just make a reservation.

Experience a flawless restaurant management with InspireFNB’s cloud-based restaurant point of sale system.

Original article can be found here.