“Prepaid card services provider Blackhawk Network Holdings Inc. disclosed Wednesday that it plans to sell its struggling Cardpool business. That news came as Pleasanton, Calif.-based Blackhawk reported a loss of $7.8 million for its third quarter ended Sept. 9, bigger than the $5.1 million loss in 2016’s third quarter. Third-quarter operating revenues increased 16% to $419.3 million from $361.6 million a year earlier, but the company, a leading provider of gift cards sold in grocery stores and other retail locations, lowered its near-term financial outlook in the face of increasing competition in physical stores.”