Tencent, Primavera Staking $300M On Chinese Grocery Delivery Startup
Tencent, Primavera Staking $300M On Chinese Grocery Delivery Startup
June 29, 2020  |  Investments

A Chinese startup is landing hundreds of millions in additional financing as a group of investors – which includes Tencent – eyes the country’s fast-growing...

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Lenders Tighten Credit Requirements Amid New Reporting Rules
Lenders Tighten Credit Requirements Amid New Reporting Rules
June 29, 2020  |  Loans

It’s a little harder for U.S. consumers to get credit as lenders retreat during the coronavirus crisis, The Wall Street Journal reported. Get the Full...

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American Express Unveils $200M Cash-Back Program To Boost Spending At SMBs
American Express Unveils $200M Cash-Back Program To Boost Spending At SMBs
June 29, 2020  |  Retail

With the reopening of the U.S. economy underway, American Express is rolling out a $200 million program designed to boost spending at small businesses. Get...

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Retail Brands And FIs Move Toward Digital Offerings
Retail Brands And FIs Move Toward Digital Offerings
June 29, 2020  |  Today In Data

The news about Nike’s fourth-quarter earnings announcement focused on what would be a large loss at any other time, but the real story is a full...

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Ex-Nordstrom Exec Says Department Stores Must Step Up To Survive
Ex-Nordstrom Exec Says Department Stores Must Step Up To Survive
June 29, 2020  |  Retail

A former Nordstrom executive is calling on the department store sector to meet the needs of customers and keep pace with technology – or face extinction. Get...

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Nike Leads Retail Into The Great Reboot
Nike Leads Retail Into The Great Reboot
June 29, 2020  |  Retail

Welcome to the great reboot. Physical retail’s return to business was previously known as the “great reopening” or the “great resettling.” But it’s becoming apparent...

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Car Talk: Shift Announces Plans To Go Public
Car Talk: Shift Announces Plans To Go Public
June 29, 2020  |  Retail

The automotive evolution to Digital 3.0 revved a little higher Monday (June 29) as online car sales platform Shift announced it will go public in...

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Nationwide Insurance Chief Economist Encourages Conditional Retail Forecasts
Nationwide Insurance Chief Economist Encourages Conditional Retail Forecasts
June 29, 2020  |  Retail

Retailers looking for the shape of an economic recovery have had several letters to choose from. There’s the “hoped for” V-shaped recovery that heralds a...

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